FLECHE

Active Private limited companyfounded 1987active for 39 yearsBraambosjeslaan 18, 1020 BrusselsKBO/BCE: BE 0430.295.463

FLECHE

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Overview

Lifetime

20 annual accounts with figures on one time axis, 39 filings since 1987

Compare with

peak €205,906 (2023)

€162,263▼ 2.9%

lowest -€58,509 (2021)

€39,306▲ 29.6%

peak €298,140 (2025)

€298,140▲ 15.2%

€314,371▼ 3.6%

peak 1.8 FTE (2015)

-not published

Board3 names since 1994

2 directors and 1 other

Documentsfilings and deeds

15-10-202676 days late

2025micro format

Result from €30,319 to €39,306Equity from €258,834 to €298,140Investments €66,748

Key points

from the 2025 annual accounts

Investments

€66,748 2.3 × depreciation

Green is investment, beige is depreciation.

Filings

39 annual accounts 76 days

Latest accounts filed late: after the legal deadline.

Position in the sector

€298,140

More equity than 90% of companies in retail trade. Sector median €40,895 · 25,288 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,124 companies had the same profile as FLECHE has now. Each dot stands for 51 companies, two years later.

95.1%

were still trading

4.7%

stopped another way

0.2%

went bankrupt

Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	2.9%	3.1%
10	5.6%	6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,124 companies, not a prediction for FLECHE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 30-12-1994

Director, since 15-06-2001

Board & ownership

Recent changes

18-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0430295463

26-07-2022

Changes of role: (director) and (director) Gazette deed

01-01-2019

New establishment in Brussels Koninginnegalerij 32

10-01-2018

Registered office moved from Ixelles to Laeken New registered office: Avenue des Buissonnets, 18 à 1020 Laeken · Previous registered office: Galerie Porte Louise 227, 1050 Ixelles, Belgique · General meeting of 26-12-2017 · Gazette deed

All 52 events

Comparable companies

same main activity, similar in size and age

Company
FLECHE Brussels	€673,137	€162,263	44.3%	-
KARATI Kortrijk	€683,677	€147,074	81.9%	-
ANTWERP DIAMOND HOUSE Bruges	€846,000	€159,629	58.5%	-
DE CLERCK Wijnegem	€568,146	€154,094	88.6%	2.5
GOLDSHOP Izegem	€686,342	€164,193	82.6%	-
N. BAURENS Herve	€811,597	€196,495	81.1%	1.1
DAEMS Aarschot	€548,831	€135,317	83.6%	-

These companies have the same main activity as FLECHE: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €549,000 and €846,000, founded between 1979 and 1991.

Official details

Source: KBO

Status: Active since 22-01-1987Normal situation
Activity: Retail sale of watches and jewelleryNACE 47770and 2 others
Establishment units: 2.033.371.6061000 Brussels, since 02-07-2001
: 2.314.392.7791000 Brussels, since 01-01-2019
Financial year end: 31 December
Peppol: Reachable since 18-12-2025

Company details

Annual accounts 2025

: €162,263▼ 2.9%
: ≈ €490,000estimated
: €39,306▲ 29.6%
: €298,140▲ 15.2%
: €673,137▲ 4.3%
: ≈ 1.1 FTEestimated
Filing: Filed on 15-10-2026

Financials

Insights on FLECHE

FLECHE files the micro format. That format states no turnover. The gross margin rose from €128,110 in 2006 to €162,263 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 15-10-2026, 76 days late

€162,263

▼ 2.9%

€68,695

▲ 18.0%

€97,874

▲ 17.8%

€68,485

▲ 24.1%

44.3%

▲ 4.2 percentage points

1.38

▲ 0.10

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €490,000. Estimated: probably between €340,000 and €920,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €673,137 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

44.3%

Higher than 59% of 25,237 companies in 2025.

1.38

Higher than 48% of 24,245 companies in 2025.

5.8%

Higher than 58% of 24,434 companies in 2025.

FLECHE Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	673,137	645,467	849,273	441,280	389,797	472,364	449,174	500,098	399,720	417,010	427,766	429,083	470,936	483,141	518,527	542,395	553,908	542,801	581,473	613,963
`21/28`	270,889	233,320	249,923	276,435	294,813	317,335	321,300	337,926	263,011	260,905	274,167	273,381	280,786	287,636	299,424	314,514	341,318	365,208	381,968	422,964
`21`	18,000	27,000	36,000	45,000	54,000	63,000	72,000	81,000	-	-	-	-	-	-	-	0	11,775	23,550	35,325	47,100
`22/27`	250,751	204,182	211,785	229,297	238,676	252,197	247,162	256,175	262,260	260,154	273,416	272,630	280,035	286,885	298,673	313,763	328,792	340,907	345,892	375,113
`22`	161,225	169,027	176,828	184,629	192,430	200,232	208,033	215,834	223,635	231,436	239,238	247,039	254,840	262,641	270,442	278,244	286,045	293,846	301,647	309,448
`23`	644	966	1,288	2,462	3,637	4,955	6,584	5,994	3,959	5,048	6,137	7,655	5,088	6,199	5,874	6,597	15,406	25,169	33,341	43,543
`24`	64,905	25,140	22,051	28,019	32,028	34,987	19,078	20,687	20,812	9,622	13,801	5,436	7,606	5,546	9,857	16,422	14,841	9,392	10,904	22,122
`26`	23,976	9,049	11,618	14,187	10,580	12,024	13,467	13,661	13,854	14,048	14,241	12,500	12,500	12,500	12,500	12,500	12,500	12,500	-	-
`28`	2,138	2,138	2,138	2,138	2,138	2,138	2,138	751	751	751	751	751	751	751	751	751	751	751	751	751
`29/58`	402,248	412,147	599,349	164,845	94,983	155,029	127,874	162,172	136,709	156,104	153,598	155,702	190,151	195,505	219,104	227,882	212,590	177,593	199,505	190,999
`3`	180,016	176,916	148,926	85,123	68,707	80,274	50,522	72,356	58,211	68,096	62,970	70,750	126,700	128,420	152,542	140,465	139,940	134,720	134,302	124,146
`30/36`	180,016	176,916	148,926	85,123	68,707	80,274	50,522	72,356	58,211	68,096	62,970	70,750	126,700	128,420	152,542	140,465	139,940	134,720	134,302	124,146
`40/41`	5,059	63,395	355,491	22,385	24,955	72,855	70,268	88,434	72,599	86,771	82,481	65,964	54,720	58,416	65,855	66,518	53,891	31,622	30,461	60,480
`40`	4,045	56,306	321,387	16,691	20,275	49,900	56,311	81,427	72,305	42,140	49,379	52,935	41,771	43,929	26,482	17,345	17,652	7,717	7,622	19,737
`41`	1,014	7,089	34,104	5,694	4,680	22,955	13,957	7,006	294	44,631	33,102	13,029	12,949	14,486	39,374	49,172	36,239	23,905	22,839	40,743
`54/58`	212,023	168,821	90,563	47,889	-	0	7,084	-	-	-	7,182	17,146	7,877	7,861	-	20,586	16,199	6,500	100	649
`490/1`	5,151	3,015	4,369	9,448	1,322	1,899	0	1,382	5,899	1,238	966	1,843	854	808	706	314	2,560	4,752	34,643	5,724
Balance sheet: equity and liabilities
`10/49`	673,137	645,467	849,273	441,280	389,797	472,364	449,174	500,098	399,720	417,010	427,766	429,083	470,936	483,141	518,527	542,395	553,908	542,801	581,473	613,963
`10/15`	298,140	258,834	228,515	139,271	99,534	158,043	204,679	201,587	194,589	175,721	164,516	157,784	143,694	153,653	143,886	141,238	146,299	161,429	146,609	155,440
`10/11`	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000
`100`	-	-	-	-	-	-	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000	44,000
`13`	138,706	99,400	99,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400
`130/1`	4,400	4,400	4,400	4,400	4,400	4,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400
`1311`	4,400	4,400	4,400	4,400	4,400	4,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	134,306	95,000	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	115,434	115,434	85,115	90,871	51,134	109,643	156,279	153,187	146,189	127,321	116,116	109,384	95,294	105,253	95,486	92,838	97,899	113,029	98,209	107,040
`16`	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626
`160/5`	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626	60,626
`160`	60,626	60,626	60,626	60,626	60,626	60,626	60,626	-	-	-	-	-	-	-	-	-	-	-	-	-
`164/5`	-	-	-	-	-	-	-	60,626	60,626	60,626	-	-	-	-	-	-	-	-	-	-
`17/49`	314,371	326,006	560,132	241,383	229,637	253,694	183,868	237,884	144,505	180,662	202,623	210,672	266,616	268,862	314,014	340,531	346,982	320,745	374,237	397,897
`17`	23,245	3,262	11,224	40,730	54,521	57,362	63,122	81,144	17,795	50,330	81,761	102,121	127,744	152,215	167,738	202,493	224,151	240,682	261,801	286,505
`170/4`	23,245	3,262	11,224	40,730	54,521	57,362	63,122	81,144	17,795	50,330	81,761	102,121	127,744	152,215	167,738	202,493	224,151	240,682	261,801	286,505
`42/48`	291,126	322,744	548,908	200,653	175,116	196,332	120,746	156,741	126,709	130,333	118,882	107,761	138,872	116,647	146,277	138,038	122,831	80,063	112,243	111,392
`42`	17,841	13,722	20,481	13,660	22,841	21,071	20,990	32,547	33,705	32,602	32,125	27,814	26,662	26,503	37,786	29,630	27,310	27,575	26,493	32,390
`43`	-	-	-	-	8,184	20,711	0	43,099	18,418	24,238	-	-	-	11,439	2,491	30,131	18,434	-	6,613	39,145
`430/8`	-	-	-	-	8,184	20,711	0	43,099	18,418	24,238	-	-	-	11,439	2,491	30,131	18,434	-	6,613	28,759
`439`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,387
`44`	109,864	148,744	408,225	55,163	51,274	121,328	62,771	47,343	32,447	46,861	67,621	40,393	34,197	50,469	79,071	42,622	59,275	28,110	59,779	26,484
`440/4`	109,864	148,744	408,225	55,163	51,274	121,328	62,771	47,343	32,447	46,861	67,621	40,393	34,197	50,469	79,071	42,622	59,275	28,110	59,779	26,484
`45`	106,242	83,141	26,151	38,048	10,599	11,221	20,934	20,581	26,881	26,632	19,136	30,030	20,971	28,236	22,853	35,654	17,812	24,378	19,359	13,372
`450/3`	24,268	21,267	1,661	29,540	7,269	7,211	12,414	13,959	18,671	19,428	12,420	22,077	15,647	20,517	14,617	27,894	12,206	16,340	14,979	9,023
`454/9`	81,973	61,874	24,490	8,508	3,330	4,010	8,521	6,622	8,210	7,204	6,716	7,952	5,324	7,719	8,236	7,761	5,605	8,038	4,380	4,349
`47/48`	57,179	77,137	94,051	93,782	82,217	22,001	16,051	13,170	15,260	-	-	9,524	57,042	-	4,076	-	-	-	-	-
`492/3`	-	-	-	-	-	-	-	-	-	-	1,980	790	-	-	-	-	-	-	193	-
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	548,794	564,379	541,321	544,768	557,809	538,816	540,961
`76A`	4,752	-	25,000	-	17,064	413	-	-	-	-	-	-	-	-	-	-	-	1,447	-	-
`9900`	162,263	167,038	205,906	99,409	-11,336	1,631	89,134	99,343	81,716	87,898	89,321	107,940	65,246	102,422	97,511	104,202	90,585	116,649	84,539	128,110
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	473,616	485,976	465,264	481,872	469,261	482,235	442,523
`62`	48,821	59,224	36,808	18,686	14,601	16,955	47,868	44,047	33,573	43,783	49,251	50,159	40,089	43,039	46,807	46,622	42,900	34,813	27,829	26,877
`630`	29,179	24,864	26,513	26,135	25,421	23,239	23,124	22,036	12,794	13,262	13,692	12,894	14,351	13,222	18,202	35,952	34,927	38,740	40,996	43,442
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,269
`640/8`	15,568	24,723	6,378	6,611	406	532	1,271	9,373	1,364	1,575	3,806	3,998	3,484	3,369	4,707	3,707	8,414	5,570	3,373	2,967
`66A`	-	-	-	-	-	0	53	-	174	630	343	6,124	110	350	120	100	100	-	70	-
`9901`	68,695	58,228	136,206	47,977	-51,763	-39,094	16,817	23,887	33,811	28,649	22,573	40,889	7,323	42,791	27,795	17,922	4,344	37,527	12,342	34,554
`75/76B`	7,003	1,442	304	45	289	79	157	-	5,653	-	671	668	0	0	298	4,320	-	6,141	1,415	657
`75`	7,003	1,442	304	45	289	79	157	-	5,653	-	671	668	0	0	298	4,320	-	6,141	1,415	657
`65/66B`	14,917	12,929	17,941	8,285	6,919	7,514	11,218	14,360	11,890	13,273	11,207	16,143	17,459	19,674	22,506	20,611	18,946	23,758	21,039	27,660
`65`	14,917	12,929	17,941	8,285	6,101	7,514	11,218	13,828	11,890	13,273	11,207	16,143	17,459	19,674	22,506	20,611	18,946	23,758	21,039	27,660
`66B`	-	-	-	-	818	-	-	532	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	60,781	46,740	118,569	39,737	-58,392	-46,529	5,757	9,527	27,574	15,376	11,694	19,290	-10,246	22,767	5,467	1,531	-14,702	21,356	-7,353	7,551
`67/77`	21,475	16,421	23,074	-	117	106	2,665	2,528	8,706	4,172	4,962	5,200	-287	7,000	2,819	6,592	428	6,537	1,478	2,099
`9904`	39,306	30,319	95,495	39,737	-58,509	-46,636	3,092	6,998	18,868	11,205	6,732	14,090	-9,959	15,767	2,648	-5,061	-15,129	14,819	-8,830	5,452
`9905`	39,306	30,319	95,495	39,737	-58,509	-46,636	3,092	6,998	18,868	11,205	6,732	14,090	-9,959	15,767	2,648	-5,061	-15,129	14,819	-8,830	5,452
Appropriation of the result
`9906`	154,740	115,434	180,115	90,871	51,134	109,643	156,279	153,187	146,189	127,321	116,116	109,384	95,294	111,253	95,486	92,838	97,899	113,029	98,209	107,040
`14P`	115,434	85,115	84,620	51,134	109,643	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	39,306	-	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	39,306	-	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	-	-	1.5	1.3	1.7	1.8	1.7	1.7	1.6	1.6	1.6	1.6	1	0.7	1
Hours worked`1013`	-	-	-	-	-	-	-	2,696	21,786	2,870	3,113	3,174	2,872	2,695	2,992	3,019	3,034	1,858	1,372	1,741
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 19 older financial years (1987-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 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 15-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563194.

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	15-10-2026	2026-00563194	PDF
31-12-2024	micro format	08-10-2025	2025-00540061	PDF
31-12-2023	micro format	01-10-2024	2024-00491483	PDF
31-12-2022	micro format	31-10-2023	2023-00508017	PDF
31-12-2021	micro format	30-08-2022	2022-20385359	PDF
31-12-2020	micro format	19-10-2021	2021-72500488	PDF
31-12-2019	micro format	30-11-2020	2020-73300229	PDF
31-12-2018	micro format	05-08-2019	2019-43900168	PDF
31-12-2017	micro format	10-08-2018	2018-45300570	PDF
31-12-2016	full format	14-07-2017	2017-32100097	PDF
31-12-2015	full format	12-09-2016	2016-59600457	PDF
31-12-2014	full format	13-08-2015	2015-42800516	PDF
31-12-2013	full format	20-09-2014	2014-59700207	PDF
31-12-2012	full format	14-08-2013	2013-43200465	PDF
31-12-2011	full format	31-07-2012	2012-36900015	PDF
31-12-2010	full format	12-08-2011	2011-40100374	PDF
31-12-2009	full format	09-08-2010	2010-39900339	PDF
31-12-2008	full format	12-08-2009	2009-56900101	PDF
31-12-2007	full format	21-08-2008	2008-63600396	PDF
31-12-2006	full format	27-07-2007	2007-50500257	PDF
31-12-2005	full format	18-10-2006	2006-84202636	PDF
31-12-2004	full format	26-05-2005	2005-17301220	PDF
31-12-2003	full format	01-07-2004	2004-37602845	PDF
31-12-2002	full format	29-09-2003	2003-69603925	PDF
31-12-2001	full format	28-10-2002	2002-68304166	PDF
31-12-2000	full format	04-10-2001	2001-61803255	PDF
31-12-1999	full format	02-10-2000	2000-60503473	PDF
31-12-1998	full format	29-09-1999	1999-49801159	PDF
31-12-1997	full format	09-10-1998	1998-52204760	PDF
31-12-1996	full format	23-10-1997	1997-50600220	PDF
31-12-1995	full format	31-10-1996	1996-49600827	PDF
31-12-1994	full format	18-07-1995	1995-40600702	PDF
31-12-1993	full format	23-06-1994	1994-19001037	PDF
31-12-1992	full format	26-10-1993	1993-41300030	PDF
31-12-1991	full format	12-06-1992	1992-10403011	PDF
31-12-1990	full format	14-06-1991	1991-09802325	PDF
31-12-1989	full format	21-06-1990	1990-10304417	PDF
31-12-1988	full format	21-06-1989	1989-09803794	PDF
31-12-1987	full format	29-06-1988	1988-11500023	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
97,874	83,092	162,719	74,112	-26,342	-15,856	39,942	45,923	46,605	41,911	36,265	53,783	21,673	56,013	45,997	53,873	39,271	76,267	53,338	77,996
68,485	55,183	122,008	65,872	-33,089	-23,397	26,217	29,035	31,662	24,467	20,424	26,984	4,391	28,989	20,850	30,890	19,798	53,559	32,166	48,894
66,748	8,261	2	7,757	3,306	21,412	6,498	96,952	14,900	0	18,978	12,989	7,500	1,435	3,112	9,147	18,427	22,809	0	7,708
43,202	78,258	42,674	-	-	-7,084	-	-	-	-	-9,964	9,269	15	-	-	4,387	9,699	6,400	-549	-
111,122	89,403	50,441	-35,808	-80,132	-41,303	7,128	5,431	10,000	25,772	34,716	47,941	51,279	78,858	72,827	89,844	89,759	97,530	87,262	79,607
-	-	-	-	-	-	-	-	-	-	-	-	-	7.8%	4.9%	3.3%	0.8%	6.7%	2.3%	6.4%
44.3%	40.1%	26.9%	31.6%	25.5%	33.5%	45.6%	40.3%	48.7%	42.1%	38.5%	36.8%	30.5%	31.8%	27.7%	26.0%	26.4%	29.7%	25.2%	25.3%
1.38	1.28	1.09	0.82	0.54	0.79	1.06	1.03	1.08	1.20	1.29	1.44	1.37	1.68	1.50	1.65	1.73	2.22	1.78	1.71
0.76	0.73	0.82	0.40	0.15	0.38	0.64	0.57	0.62	0.68	0.76	0.79	0.46	0.58	0.46	0.63	0.59	0.54	0.58	0.60
1.05	1.26	2.45	1.73	2.31	1.61	0.90	1.18	0.74	1.03	1.23	1.34	1.86	1.75	2.18	2.41	2.37	1.99	2.55	2.56
13.2%	11.7%	41.8%	28.5%	-58.8%	-29.5%	1.5%	3.5%	9.7%	6.4%	4.1%	8.9%	-6.9%	10.3%	1.8%	-3.6%	-10.3%	9.2%	-6.0%	3.5%
5.8%	4.7%	11.2%	9.0%	-15.0%	-9.9%	0.7%	1.4%	4.7%	2.7%	1.6%	3.3%	-2.1%	3.3%	0.5%	-0.9%	-2.7%	2.7%	-1.5%	0.9%
6.56	6.43	9.07	8.95	-4.32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	29 days	17 days	12 days	12 days	5 days	5 days	13 days
-	-	-	-	-	-	-	-	-	-	-	-	-	39 days	59 days	33 days	45 days	22 days	45 days	22 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.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€66,748	€8,261	-	€7,757	€3,306
	€29,179	€24,864	€26,513	€26,135	€25,421

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FLECHE

The operating result for 2025 is 18% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 50.5% to 46.7%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, no change since 2022

Director

since 30-12-1994

listed in the 2022 annual accounts, filed on 31-10-2023

Director (not named in the articles)

since 15-06-2001 term without a fixed end

earlier manager, until 26-07-2022

listed in the 2022 annual accounts, filed on 31-10-2023

Signing authority: “Article 13. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
deed of 26-07-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director

Director (not named in the articles)

BoardEarliermandate already running before its first mentionend not dated

Mandates as a list

- Director, from 30-12-1994 to date
- Director (not named in the articles), from 15-06-2001 to date
- Manager, until 26-07-2022
- Director (not named in the articles), from 30-12-1994, no longer listed in the 2022 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €44,000.01
Shares: 440
Contribution per share: €100
Equity per share: €678 in 2025
Source: 2025 annual accounts

Articles of association

deed of 26-07-2022 (in French)

Duration: Unlimited
Transfer restriction: “Pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs proportionnellement aux actions acquises, tous cas de cessions…”
Annual meeting: Second Friday of May at 18:00

Network & group

No group

FLECHE has no parent and no holdings in its annual accounts. FLECHE shares no director with another company.

Timeline

52 events since 1987

Board

Filings

Financial

Establishments

Address

19901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

15-10-2026

Annual accounts 2025 filed NBBmicro format · 76 days late

2025

18-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0430295463

08-10-2025

Annual accounts 2024 filed PDFmicro format · 69 days late

2024

01-10-2024

Annual accounts 2023 filed PDFmicro format · 62 days late

2023

31-12-2023

Highest result from 2006 to 2025 net €95,495 ▲140% The operating result of €136,206 and the net result of €95,495 are both a record.

31-10-2023

Annual accounts 2022 filed PDFmicro format · 92 days late

2022

31-12-2022

Back to profit net €39,737 The net result is €39,737, after 2 loss-making years.

30-08-2022

Annual accounts 2021 filed PDFmicro format · 30 days late

26-07-2022

Changes of role: (director) and (director)6 points ▸

440 shares
Director resignation, (manager)
Director resignation, (manager)
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Registered office clause, Avenue des Buissonnets 18, 1020 Bruxelles (Laeken)
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2021

31-12-2021

Weakest financial year net -€58,509 The net result drops to -€58,509, the lowest from 2006 to 2025. It recovers the following year.

19-10-2021

Annual accounts 2020 filed PDFmicro format · 80 days late

2020

30-11-2020

Annual accounts 2019 filed PDFmicro format · 122 days late

2019

05-08-2019

Annual accounts 2018 filed PDFmicro format · 5 days late

01-01-2019

New establishment in Brussels Koninginnegalerij 32

2018

31-12-2018

Equity above €200,000 equity €201,587 ▲3.6% After 5 profitable years in a row, equity reaches €201,587.

10-08-2018

Annual accounts 2017 filed PDFmicro format · 10 days late

10-01-2018

Registered office moved from Ixelles to LaekenNew registered office: Avenue des Buissonnets, 18 à 1020 Laeken · Previous registered office: Galerie Porte Louise 227, 1050 Ixelles, Belgique · General meeting of 26-12-20172 points ▸

General meeting, 26-12-2017
Registered-office move, Avenue des Buissonnets, 18 à 1020 Laeken

Open the deed in the Belgian Official Gazette

2017

14-07-2017

Annual accounts 2016 filed PDFfull format · 17 days before the deadline

2016

12-09-2016

Annual accounts 2015 filed PDFfull format · 43 days late

2015

13-08-2015

Annual accounts 2014 filed PDFfull format · 13 days late

2014

31-12-2014

Back to profit net €14,090 The net result is €14,090, after one loss-making year.

20-09-2014

Annual accounts 2013 filed PDFfull format · 51 days late

2013

14-08-2013

Annual accounts 2012 filed PDFfull format · 14 days late

2012

31-07-2012

Annual accounts 2011 filed PDFfull format · on the deadline day

2011

31-12-2011

Back to profit net €2,648 The net result is €2,648, after 2 loss-making years.

12-08-2011

Annual accounts 2010 filed PDFfull format · 12 days late

2010

09-08-2010

Annual accounts 2009 filed PDFfull format · 9 days late

2009

12-08-2009

Annual accounts 2008 filed PDFfull format · 12 days late

2008

31-12-2008

Back to profit net €14,819 The net result is €14,819, after one loss-making year.

21-08-2008

Annual accounts 2007 filed PDFfull format · 21 days late

2007

27-07-2007

Annual accounts 2006 filed PDFfull format · 4 days before the deadline

2006

18-10-2006

Annual accounts 2005 filed PDFfull format

2005

26-05-2005

Annual accounts 2004 filed PDFfull format

2004

01-07-2004

Annual accounts 2003 filed PDFfull format

2003

29-09-2003

Annual accounts 2002 filed PDFfull format

2002

28-10-2002

Annual accounts 2001 filed PDFfull format

2001

04-10-2001

Annual accounts 2000 filed PDFfull format

02-07-2001

First establishment LES ECUADORS, Koningsgalerij 10, Brussels

2000

02-10-2000

Annual accounts 1999 filed PDFfull format

1999

29-09-1999

Annual accounts 1998 filed PDFfull format

1998

09-10-1998

Annual accounts 1997 filed NBBfull format

1997

23-10-1997

Annual accounts 1996 filed NBBfull format

1996

31-10-1996

Annual accounts 1995 filed NBBfull format

1995

18-07-1995

Annual accounts 1994 filed NBBfull format

1994

23-06-1994

Annual accounts 1993 filed NBBfull format

1993

26-10-1993

Annual accounts 1992 filed NBBfull format

1992

12-06-1992

Annual accounts 1991 filed NBBfull format

1991

14-06-1991

Annual accounts 1990 filed NBBfull format

1990

21-06-1990

Annual accounts 1989 filed NBBfull format

1989

21-06-1989

Annual accounts 1988 filed NBBfull format

1988

29-06-1988

Annual accounts 1987 filed NBBfull format

1987

22-01-1987

Incorporation published on 17-02-1987

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 22 January 1987, FLECHE was incorporated.¹ In 2018 the registered office moved to Laeken.² Of the 2 current board members, has served longest, since 1994.³ Total assets went from €500,098 in 2018 to €673,137 in 2025.⁴

Company details

Identity

Enterprise number: 0430.295.463
VAT number: BE 0430.295.463
Peppol ID: 0208:0430295463
Other Peppol ID: 9925:BE0430295463
Legal form: Private limited company
Status: Active, normal situation
Founded: 22-01-1987
Financial year: ends on 31 December
Annual meeting: Second Friday of May at 18:00
deed of 26-07-2022 (in French)
Peppol: Reachable since 18-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: FLECHE in French
Name in the Peppol Directory: LES ECUADORS - FLECHE
Entity type: Legal entity
Duration: Unlimited
deed of 26-07-2022 (in French)
Registered office clause: “Région de Bruxelles-Capitale”
deed of 26-07-2022 (in French)

Activities

NACEBEL 2025

VAT activities

47770 Retail sale of watches and jewellery main activity

47750 Retail sale of cosmetics and toilet articles

Social security (RSZ) activities

47784 Retail sale of souvenirs and religious articles main activity

Codes under NACEBEL 2008

VAT activities

47770 Retail trade main activity

47750 Retail trade

Social security (RSZ) activities

47786 Retail trade main activity

Codes under NACEBEL 2003

VAT activities

52484 main activity

52330

Social security (RSZ) activities

52497 main activity

Purpose: “L'achat et la vente, en gros ou en détail, l'importation et l'exportation et, de manière générale, le négoce de bijoux, métaux et pierres…”
4 activities
L'achat et la vente, en gros ou en détail, l'importation et l'exportation et, de manière générale, le négoce de bijoux, métaux et pierres précieuses, bijoux fantaisie, tous accessoires contribuant à l'élégance, articles d'horlogerie, instruments de précision et d'autres produits et articles complémentaires à tous ces domaines
Elle peut accomplir en Belgique ou à l’étranger toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières et immobilières se rapportant directement ou indirectement à son objet
Elle peut s’intéresser par toutes voies dans toutes entreprises ou sociétés ayant un objet analogue ou similaire au sien ou qui soit de nature à favoriser son développement ou constituant pour elle une source ou un débouché
Elle peut faire tous placements en valeurs mobilières et prendre des participations par association, apport, fusion, souscription, participation, intervention financière ou autre, dans toutes sociétés ou sociétés à constituer
deed of 26-07-2022 (in French)

Registered office and establishments

2 establishments

Establishment	Since	Unit number
Braambosjeslaan 18 registered office 1020 Brussels
LES ECUADORS Koningsgalerij 10, 1000 Brussels	02-07-2001	2.033.371.606
Koninginnegalerij 32 1000 Brussels	01-01-2019	2.314.392.779

1 former office

Galerie Porte Louise 227, 1050 Ixelles until 26-12-2017 · deed of 10-01-2018

Buildings and parcels at the addresses

Ground area: 758 m²
Buildings: 266 m²
Volume, LiDAR: 3,897 m³
Tallest building: 22.2 m

Buildings to scale, each on its own parcel

registered office establishment All 2 establishment units on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21818E0097/00S002	370 m²	1 · 134 m²	15.4 m · 4
21802B1320/00D000 ProtectedMonumentCinéma des GaleriesSource ↗	263 m²	1 · 132 m²	22.2 m · 7
21802B1344/00C002	124 m²	-	-

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

Overview

Lifetime

Key points

Investments

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on FLECHE

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency44.3%

Current ratio1.38

Return on assets5.8%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FLECHE

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

in euro

in euro

44.3%

1.38

5.8%