Flaxtrade
Annual accounts 2025
full format, filed on 27-08-2026, 27 days late€43.9m
▲ 14.2%
€2.6m
▲ 45.1%
€2.7m
▲ 44.8%
€1.2m
▼ 9.9%
60.8%
▲ 25.4 percentage points
2.58
▲ 1.02
Money flows
of every €100 of turnover, €2.75 remains as profit in 2025Balance sheet
balance sheet total €15.2m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
60.8%
Higher than 73% of 865 companies in 2025.
2.58
Higher than 76% of 856 companies in 2025.
8.0%
Higher than 75% of 865 companies in 2025.
Flaxtrade
Middle half of the sector
80% of the sector
Full accounts in warehousing and transport support (NACE 52)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
15.2m | 22.6m | 18.7m | 21.4m | 26.5m | 23.1m | 12.4m | 10.2m | 12.5m | 13.5m | |
21/28 |
33,517 | 41,587 | 58,995 | 76,403 | 27,146 | 34,366 | 9,879 | 20,902 | 32,078 | 43,271 | |
22/27 |
33,517 | 41,587 | 58,995 | 76,403 | 27,146 | 34,366 | 9,879 | 20,902 | 32,078 | 43,271 | |
23 |
8,597 | - | - | - | - | - | - | - | - | - | |
24 |
24,921 | 41,587 | 58,995 | 76,403 | 27,146 | 34,366 | 9,879 | 20,902 | 32,078 | 43,271 | |
29/58 |
15.1m | 22.6m | 18.6m | 21.4m | 26.5m | 23.0m | 12.3m | 10.1m | 12.5m | 13.5m | |
3 |
12.3m | 12.0m | 15.3m | 14.4m | 16.1m | 15.4m | 6.5m | 6.0m | 8.3m | 9.6m | |
30/36 |
12.3m | 12.0m | 15.3m | 14.4m | 16.1m | 15.4m | 6.5m | 6.0m | 8.3m | 9.6m | |
34 |
12.3m | 12.0m | 15.3m | 14.4m | 16.1m | 15.4m | 6.5m | 6.0m | 8.3m | 9.6m | |
40/41 |
2.2m | 5.4m | 2.8m | 5.4m | 4.2m | 4.1m | 4.9m | 2.9m | 2.7m | 2.9m | |
40 |
2.2m | 5.3m | 2.3m | 4.8m | 4.1m | 4.0m | 4.8m | 2.6m | 2.6m | 2.6m | |
41 |
- | 19,516 | 472,310 | 602,794 | 153,250 | 66,273 | 78,780 | 274,849 | 89,558 | 297,394 | |
54/58 |
729,232 | 5.2m | 573,116 | 1.4m | 6.1m | 3.3m | 968,051 | 1.2m | 1.5m | 995,174 | |
490/1 |
1,511 | 1,468 | 19,699 | 140,192 | 4,269 | 265,584 | 350 | 197 | 8 | 131 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
15.2m | 22.6m | 18.7m | 21.4m | 26.5m | 23.1m | 12.4m | 10.2m | 12.5m | 13.5m | |
10/15 |
9.2m | 8.0m | 6.7m | 5.7m | 4.7m | 1.8m | 1.2m | 883,055 | 645,829 | 617,682 | |
10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
100 |
- | - | - | - | - | - | 150,000 | 150,000 | 150,000 | 150,000 | |
13 |
9.1m | 7.9m | 6.5m | 5.5m | 4.6m | 1.6m | 1.1m | 733,055 | 495,829 | 467,682 | |
130/1 |
- | - | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | |
130 |
- | - | - | - | - | - | 15,000 | 15,000 | 15,000 | 15,000 | |
1311 |
- | - | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | |
132 |
1.6m | 1.6m | 1.1m | 1.1m | - | - | - | - | - | - | |
133 |
7.5m | 6.3m | 5.5m | 4.5m | 4.6m | 1.6m | 1.1m | 718,055 | 480,829 | 452,682 | |
17/49 |
5.9m | 14.6m | 12.0m | 15.8m | 21.8m | 21.3m | 11.1m | 9.3m | 11.8m | 12.9m | |
42/48 |
5.9m | 14.5m | 12.0m | 15.8m | 21.8m | 21.3m | 11.1m | 9.3m | 11.8m | 12.9m | |
43 |
2.3m | 9.4m | 7.4m | 9.2m | 14.3m | 13.2m | 5.9m | 4.2m | 7.9m | 1.2m | |
430/8 |
2.3m | 8.9m | 7.4m | 9.2m | 14.3m | 13.2m | 5.9m | 4.2m | 7.9m | 1.2m | |
439 |
- | 500,000 | - | - | - | - | - | - | - | - | |
44 |
3.2m | 4.9m | 4.5m | 6.2m | 7.1m | 7.9m | 5.2m | 5.0m | 3.9m | 11.6m | |
440/4 |
3.2m | 4.9m | 4.5m | 6.2m | 7.1m | 7.9m | 5.2m | 5.0m | 3.9m | 11.6m | |
45 |
390,187 | 224,071 | 115,808 | 382,810 | 368,381 | 163,994 | 52,095 | 22,700 | - | 139,429 | |
450/3 |
390,187 | 224,071 | 115,808 | 382,810 | 368,381 | 163,994 | 52,095 | 22,700 | - | 139,429 | |
47/48 |
56 | 56 | 56 | 10,513 | 10,457 | 10,457 | - | - | - | - | |
492/3 |
80,000 | 130,815 | 28,357 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
70/76A |
44.1m | 38.5m | 40.3m | 58.0m | 53.0m | 42.3m | 37.0m | 27.5m | 30.3m | 16.5m | |
70 |
43.9m | 38.5m | 40.3m | 58.0m | 53.0m | 42.3m | 36.9m | 27.4m | 30.3m | 16.5m | |
74 |
140,509 | 21,316 | 60,205 | 5,868 | 19,249 | - | - | - | - | - | |
76A |
- | - | - | 13,350 | - | - | - | - | - | - | |
60/66A |
41.4m | 36.7m | 38.5m | 58.1m | 49.4m | 41.0m | 36.6m | 27.1m | 29.7m | 15.7m | |
60 |
41.3m | 36.5m | 38.2m | 57.9m | 49.2m | 40.8m | 36.4m | 27.1m | 29.6m | 15.7m | |
600/8 |
41.6m | 33.3m | 39.1m | 56.2m | 50.0m | 49.7m | 36.9m | 24.8m | 28.3m | 25.3m | |
609 |
-235,042 | 3.3m | -868,416 | 1.7m | -780,689 | -8.9m | -473,477 | 2.3m | 1.3m | -9.6m | |
61 |
91,138 | 139,225 | 257,544 | 148,634 | 165,282 | 136,698 | 130,546 | 76,709 | 63,257 | 60,071 | |
630 |
20,351 | 17,408 | 17,408 | 10,635 | 7,221 | 11,615 | 11,023 | 11,176 | 11,194 | 13,909 | |
640/8 |
2,162 | 2,713 | 2,648 | 2,112 | 3,380 | 3,030 | 1,379 | 1,717 | 982 | 1,187 | |
9901 |
2.6m | 1.8m | 1.8m | -30,925 | 3.7m | 1.4m | 367,123 | 334,173 | 685,051 | 767,771 | |
75/76B |
425,626 | 515,713 | 660,549 | 2.0m | 844,552 | 447,447 | 375,032 | 427,335 | 316,222 | 30,012 | |
75 |
425,626 | 515,713 | 660,549 | 2.0m | 844,552 | 447,447 | 375,032 | 427,335 | 316,222 | 30,012 | |
751 |
4,953 | 16,206 | 12,032 | 1,655 | - | - | - | - | 26 | - | |
752/9 |
420,673 | 499,506 | 648,517 | 2.0m | 844,552 | 447,447 | 375,032 | 427,335 | 316,196 | 30,012 | |
65/66B |
1.5m | 547,649 | 1.2m | 680,469 | 590,265 | 1.1m | 232,851 | 424,601 | 958,332 | 90,672 | |
65 |
1.5m | 547,649 | 1.2m | 680,469 | 590,265 | 1.1m | 232,851 | 424,601 | 958,332 | 90,672 | |
650 |
203,717 | 343,108 | 224,214 | 229,097 | - | 137,447 | 121,799 | 136,522 | 80,329 | 82,221 | |
652/9 |
1.2m | 204,541 | 957,382 | 451,373 | 590,265 | 951,707 | 111,052 | 288,080 | 878,004 | 8,452 | |
9903 |
1.6m | 1.8m | 1.3m | 1.3m | 3.9m | 746,262 | 509,304 | 336,906 | 42,941 | 707,111 | |
67/77 |
404,765 | 441,652 | 323,730 | 310,694 | 1.0m | 186,977 | 152,095 | 99,679 | 14,794 | 239,429 | |
670/3 |
404,765 | 441,652 | 323,730 | 310,694 | 1.0m | 186,977 | 152,095 | 99,679 | 14,794 | 239,429 | |
9904 |
1.2m | 1.3m | 995,636 | 955,568 | 2.9m | 559,285 | 357,208 | 237,227 | 28,147 | 467,682 | |
789 |
306,424 | - | - | - | - | - | - | - | - | - | |
689 |
336,800 | 526,250 | - | 1.1m | - | - | - | - | - | - | |
9905 |
1.2m | 819,020 | 995,636 | -96,932 | 2.9m | 559,285 | 357,208 | 237,227 | 28,147 | 467,682 | |
| Appropriation of the result | |||||||||||
9906 |
1.2m | 819,020 | 995,636 | -96,932 | 2.9m | 559,285 | 357,208 | 237,227 | 28,147 | 467,682 | |
791/2 |
- | - | - | 96,932 | - | - | - | - | - | - | |
792 |
- | - | - | 96,932 | - | - | - | - | - | - | |
691/2 |
1.2m | 819,020 | 995,636 | - | 2.9m | 559,285 | 357,208 | 237,227 | 28,147 | 467,682 | |
6920 |
- | - | - | - | - | - | - | - | - | 15,000 | |
6921 |
1.2m | 819,020 | 995,636 | - | 2.9m | 559,285 | 357,208 | 237,227 | 28,147 | 452,682 | |
| Document | |||||||||||
The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00477970.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 27-08-2026 | 2026-00477970 | |
| 31-12-2024 | unclassified schema | 11-08-2025 | 2025-00376949 | |
| 31-12-2023 | unclassified schema | 29-08-2024 | 2024-00399087 | |
| 31-12-2022 | unclassified schema | 31-08-2023 | 2023-00406171 | |
| 31-12-2021 | unclassified schema | 31-08-2022 | 2022-20386298 | |
| 31-12-2020 | unclassified schema | 31-08-2021 | 2021-61900401 | |
| 31-12-2019 | full format | 31-10-2020 | 2020-68100578 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-61300303 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-57300087 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-56900507 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.7m | 1.8m | 1.9m | -20,289 | 3.7m | 1.4m | 378,146 | 345,348 | 696,245 | 781,681 | ||
| 1.2m | 1.4m | 1.0m | 966,204 | 2.9m | 570,899 | 368,231 | 248,403 | 39,341 | 481,591 | ||
| 12,280 | 0 | 0 | 87,038 | 0 | 36,103 | 0 | 0 | 0 | 55,627 | ||
| -4.5m | 4.6m | -794,696 | -4.7m | 2.8m | 2.4m | -265,168 | -272,315 | 510,360 | - | ||
| 9.3m | 8.1m | 6.6m | 5.6m | 4.7m | 1.8m | 1.2m | 862,154 | 613,751 | 574,411 | ||
| 6.0% | 4.7% | 4.6% | -0.1% | 6.9% | 3.3% | 1.0% | 1.2% | 2.3% | 4.7% | ||
| 60.8% | 35.4% | 35.7% | 26.5% | 17.8% | 7.8% | 10.0% | 8.7% | 5.2% | 4.6% | ||
| 2.58 | 1.56 | 1.55 | 1.36 | 1.22 | 1.08 | 1.11 | 1.09 | 1.05 | 1.04 | ||
| 0.49 | 0.73 | 0.28 | 0.44 | 0.48 | 0.36 | 0.53 | 0.45 | 0.35 | 0.30 | ||
| 0.64 | 1.82 | 1.80 | 2.77 | 4.61 | 11.82 | 8.96 | 10.51 | 18.34 | 20.89 | ||
| 13.1% | 16.8% | 14.9% | 16.8% | 61.9% | 31.1% | 28.8% | 26.9% | 4.4% | 75.7% | ||
| 8.0% | 5.9% | 5.3% | 4.5% | 11.0% | 2.4% | 2.9% | 2.3% | 0.2% | 3.5% | ||
| 13.05 | 5.35 | 8.29 | -0.09 | 6.23 | 10.18 | 3.10 | 2.53 | 8.67 | 9.51 | ||
| 18 days | 51 days | 21 days | 30 days | 28 days | 35 days | 48 days | 35 days | 31 days | 57 days | ||
| 28 days | 48 days | 42 days | 39 days | 52 days | 70 days | 52 days | 68 days | 49 days | 268 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €2.3m | €8.9m | €7.4m | €9.1m | €14.3m |
| €9.9m | €9.9m | €9.9m | €9.9m | €9.9m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,280 | - | - | €87,038 | - |
| €20,351 | €17,408 | €17,408 | €10,635 | €7,221 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Flaxtrade
The operating result for 2025 is 45% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 64.6% to 39.2%. Equity is higher and debt is lower.