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FLAVYCOM

Active Risk: not assessed
Public limited companyfounded 2004active for 22 yearsIndustriestraat 14, 2500 Lier, BelgiumKBO/BCE: BE 0870.176.409
Summary

FLAVYCOM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €477,141 and a net result of €38,324. Equity is shrinking by about 5.3% per year across the filed financial years. Its solvency ranks better than 45% of 2,997 sector peers (NACE 64, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€858,939total assets 2025
Equity
€477,141
Profit
€38,324
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts 2 days early0 of 5 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
22 days early
2023
3 days early
2022
on the day
2021
3 days early
2020
25 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Financials · financial year 2025, full format

Equity
€477,141▲ 8.7%
2024 · €438,817
Net result
€38,324▼ 48.4%
2024 · €74,238
Total assets
€858,939▲ 1.3%
2024 · €847,635
Solvency
55.6%▲ 3.8pp
2024 · 51.8%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 19% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.01m 2025 Net result€0.04m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.04m▼ 13.4%€0.02m▼ 50.2%€0.02m▲ 7.3%€0.02m▼ 8.9%€0.02m▼ 16.3%€0.01m▼ 35.4%€0.01m▲ 19.4%
Net result€0.4m-€0.1m▼ 69.3%€0.009mwithin the sector's middle half▼ 92.3%€0.07mwithin the sector's middle half▲ 683%€0.02mwithin the sector's middle half▼ 76.7%€0.009mwithin the sector's middle half▼ 43.1%€0.07mwithin the sector's middle half▲ 688%€0.04mwithin the sector's middle half▼ 48.4%
Equity€0.7m-€0.8m▲ 15.4%€0.9mwithin the sector's middle half▲ 1.1%€0.9mwithin the sector's middle half▲ 2.5%€0.8mwithin the sector's middle half▼ 12.5%€0.7mwithin the sector's middle half▼ 2.6%€0.4mwithin the sector's middle half▼ 41.4%€0.5mbelow the sector's middle half▲ 8.7%
Total assets€1.2m-€1.2m▼ 0.2%€1.1mwithin the sector's middle half▼ 12.3%€1.0mwithin the sector's middle half▼ 4.3%€0.9mwithin the sector's middle half▼ 10.9%€0.9mwithin the sector's middle half▼ 1.1%€0.8mwithin the sector's middle half▼ 6.5%€0.9mbelow the sector's middle half▲ 1.3%
Debt€0.5m-€0.4m▼ 23.4%€0.2m▼ 42.3%€0.2m▼ 31.0%€0.1m▼ 1.7%€0.2m▲ 6.5%€0.4m▲ 159%€0.4m▼ 6.6%
Working capital€0.1m-€0.3m▲ 98.4%€0.3mabove the sector's middle half▲ 2.2%€0.3mabove the sector's middle half▲ 5.8%€0.2mwithin the sector's middle half▼ 35.7%€0.2mwithin the sector's middle half▼ 9.1%-€0.1mwithin the sector's middle half-€0.09mwithin the sector's middle half▲ 27.0%
Solvency59.7%-69.1%▲ 9.4pp79.7%above the sector's middle half▲ 10.6pp85.4%above the sector's middle half▲ 5.7pp83.8%above the sector's middle half▼ 1.5pp82.6%above the sector's middle half▼ 1.2pp51.8%within the sector's middle half▼ 30.8pp55.6%within the sector's middle half▲ 3.8pp
Current ratio1.30-1.79▲ 0.502.42within the sector's middle half▲ 0.633.16above the sector's middle half▲ 0.732.38within the sector's middle half▼ 0.772.19within the sector's middle half▼ 0.190.70within the sector's middle half▼ 1.490.76within the sector's middle half▲ 0.07
Return on assets (ROA)31.3%-9.6%▼ 21.6pp0.8%within the sector's middle half▼ 8.8pp6.9%within the sector's middle half▲ 6.1pp1.8%within the sector's middle half▼ 5.1pp1.0%within the sector's middle half▼ 0.8pp8.8%within the sector's middle half▲ 7.7pp4.5%within the sector's middle half▼ 4.3pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €858,939
Fixed assets €567,638 =
Current assets €291,301 ▲ 4.0%
Equity and liabilities €858,939
Equity €477,141 ▲ 8.7%
Debt €381,798 ▼ 6.6%
Debt's share of the balance-sheet total falls from 48.2% to 44.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
8.0%▼
2024 · 16.9%
Debt ≤ 1 year
€380,885▼
2024 · €402,669
Income taxes
€6,694▼
2024 · €8,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€847,635€858,939▲
Fixed assets21/28€567,663€567,638=
Tangible fixed assets22/27€10,143€10,118▼
Land and buildings22€10,143€10,118▼
Financial fixed assets28€557,520€557,520=
Current assets29/58€279,973€291,301▲
Amounts receivable within one year40/41€78,441€107,208▲
Other amounts receivable41€78,441€107,208▲
Cash at bank and in hand54/58€201,532€184,093▼
Equity and liabilities
Total equity and liabilities10/49€847,635€858,939▲
Equity10/15€438,817€477,141▲
Contributions10/11€75,000€75,000=
Capital10€75,000€75,000=
Issued capital100€75,000€75,000=
Reserves13€363,817€402,141▲
Non-distributable reserves130/1€7,500€7,500=
Legal reserve130€7,500€7,500=
Distributable reserves133€356,317€394,641▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€408,819€381,798▼
Amounts payable within one year42/48€402,669€380,885▼
Taxes, remuneration and social security45€7,819€3,832▼
Taxes450/3€7,819€3,832▼
Other amounts payable47/48€394,850€377,053▼
Accrued charges and deferred income492/3€6,150€913▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25€25=
Other operating charges640/8€1,216€1,253▲
Gross operating margin9900€11,947€14,060▲
Operating profit (loss)9901€10,706€12,782▲
Financial income75/76B€78,418€33,449▼
Recurring financial income75€78,418€33,449▼
Financial charges65/66B€6,378€1,213▼
Recurring financial charges65€6,378€1,213▼
Profit (loss) for the period before taxes9903€82,745€45,018▼
Income taxes67/77€8,507€6,694▼
Profit (loss) for the period9904€74,238€38,324▼
Profit (loss) for the period to be appropriated9905€74,238€38,324▼
Appropriation of the result
Profit (loss) to be appropriated9906€74,238€38,324▼
Transfer from equity791/2€384,000€0▼
Transfer to equity691/2€74,238€38,324▼
To other reserves6921€74,238€38,324▼
Profit to be distributed694/7€384,000€0▼
Return on contributions (dividend)694€384,000€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,889€19,933€25€25€25€25€25€25=
Other operating charges640/8---€1,080€1,087€1,198€1,216€1,253▲ 3.1%
Gross operating margin9900€77,126€60,857€20,502€22,849€20,923€17,799€11,947€14,060▲ 17.7%
Operating profit (loss)9901€47,030€40,717€20,267€21,745€19,812€16,576€10,706€12,782▲ 19.4%
Financial income75/76B---€65,627€5,361€524€78,418€33,449▼ 57.3%
Recurring financial income75€389,333€97,578€1,000€65,627€5,361€524€78,418€33,449▼ 57.3%
Financial charges65/66B---€4,737€596€3,287€6,378€1,213▼ 81.0%
Recurring financial charges65€25€11,824€9,180€4,737€596€3,287€6,378€1,213▼ 81.0%
Profit (loss) for the period before taxes9903€436,338€126,471€12,087€82,634€24,577€13,813€82,745€45,018▼ 45.6%
Income taxes67/77€52,279€8,678€3,012€11,605€8,021€4,392€8,507€6,694▼ 21.3%
Profit (loss) for the period9904€384,059€117,793€9,075€71,030€16,556€9,421€74,238€38,324▼ 48.4%
Profit (loss) for the period to be appropriated9905€384,059€117,793€9,075€71,030€16,556€9,421€74,238€38,324▼ 48.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.2m€1.2m€1.1m€1.0m€0.9m€0.9m€0.8m€0.9m▲ 1.3%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Tangible fixed assets22/27€0.03m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m▼ 0.2%
Land and buildings22---€0.01m€0.01m€0.01m€0.01m€0.01m▼ 0.2%
Financial fixed assets28€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Current assets29/58€0.6m€0.7m€0.5m€0.5m€0.3m€0.3m€0.3m€0.3m▲ 4.0%
Amounts receivable within one year40/41€0.01m€0.08m€0.08m€0.1m€0.1m€0.002m€0.08m€0.1m▲ 36.7%
Other amounts receivable41---€0.1m€0.1m€0.002m€0.08m€0.1m▲ 36.7%
Cash at bank and in hand54/58€0.6m€0.6m€0.4m€0.3m€0.2m€0.3m€0.2m€0.2m▼ 8.7%
Deferred charges and accrued income490/1----€0.004m€0---
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.1m€1.0m€0.9m€0.9m€0.8m€0.9m▲ 1.3%
Equity10/15€0.7m€0.8m€0.9m€0.9m€0.8m€0.7m€0.4m€0.5m▲ 8.7%
Contributions10/11€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m=
Capital10---€0.08m€0.08m€0.08m€0.08m€0.08m=
Issued capital100---€0.08m€0.08m€0.08m€0.08m€0.08m=
Reserves13€0.7m€0.8m€0.8m€0.8m€0.7m€0.7m€0.4m€0.4m▲ 10.5%
Non-distributable reserves130/1---€0.008m€0.008m€0.008m€0.008m€0.008m=
Legal reserve130---€0.008m€0.008m€0.008m€0.008m€0.008m=
Distributable reserves133---€0.8m€0.7m€0.7m€0.4m€0.4m▲ 10.8%
Profit (loss) carried forward14€53€144-€0€0€0€0€0-
Amounts payable17/49€0.5m€0.4m€0.2m€0.2m€0.1m€0.2m€0.4m€0.4m▼ 6.6%
Amounts payable within one year42/48€0.5m€0.4m€0.2m€0.1m€0.1m€0.2m€0.4m€0.4m▼ 5.4%
Trade debts44--€454€0-----
Suppliers440/4---€0-----
Taxes, remuneration and social security45---€0.01m€0.02m€0.001m€0.008m€0.004m▼ 51.0%
Taxes450/3---€0.01m€0.02m€0.001m€0.008m€0.004m▼ 51.0%
Other amounts payable47/48---€0.1m€0.1m€0.2m€0.4m€0.4m▼ 4.5%
Accrued charges and deferred income492/3---€0.005m€0.002m€0.003m€0.006m€0.001m▼ 85.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€384,059€117,793€9,075€71,030€16,556€9,421€74,238€38,324▼ 48.4%
+ Depreciation and write-downs630€29,889€19,933€25€25€25€25€25€25=
Operating cash flow (approximation)€413,949€137,726€9,100€71,055€16,581€9,446€74,263€38,349▼ 48.4%
Investment in fixed assets (approximation)--€500€0€0€0€0€0€0-
Change in cash--€55,959-€146,530-€103,661-€114,857€127,197-€135,450-€17,439▲ 87.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 29-07-2026 2026-00359883
31-12-2024 abbreviated format 09-07-2025 2025-00250850
31-12-2023 abbreviated format 28-07-2024 2024-00319904
31-12-2022 abbreviated format 31-07-2023 2023-00311921
31-12-2021 abbreviated format 28-07-2022 2022-20263900
31-12-2020 abbreviated format 06-07-2021 2021-32400234
31-12-2019 abbreviated format 02-07-2020 2020-26100471
31-12-2018 abbreviated format 03-07-2019 2019-28400013
31-12-2017 abbreviated format 15-06-2018 2018-19600050
31-12-2016 abbreviated format 21-06-2017 2017-20100081

Show all 21 filings

Similar companies · same sector, comparable size

Of the 24,462 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,971. 13,751 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of FLAVYCOM and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 5 Gazette acts processed.

History

On 28 September 2004, FLAVYCOM was incorporated.1 Total assets went from €1.2m in 2018 to €858,939 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
09-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
28-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
28-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
06-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial Weakest financial yearnet €9,075 ▼92.3%
Net result drops to €9,075, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
03-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
15-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
21-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 21 annual accounts filed, the latest 10 are here; all 21 are under Financials.
0 of 5 deeds read
About the unread acts

We know of 5 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded28-09-2004
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
63920Other information service activities
70100Activities of head offices
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0870176409
Also 9925:BE0870176409
Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2005
registered office establishment The establishment unit on the map
Ground area
8,347 m²
Building footprint
1,641 m²
Building volume
9,158 m³
Parcel 12392A0443/00D000, Flanders · tallest building 23.4 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
FLAVYCOM
Industriestraat 14, 2500 LierActivities of head offices
since 2005unit no. 2.146.157.365
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12392A0443/00D000 Flanders 8,347 m² 1 · 1,641 m² 23.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.