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FLEVAN

Active Public limited companyfounded 1986active for 40 yearsKortrijkseweg 226, 8791 WaregemKBO/BCE: BE 0429.259.345

Lifetime

20 annual accounts with figures on one time axis, 39 filings since 1986
peak €325,080 (2007)
€5,747▼ 23.5%
lowest -€102,962 (2013)
-€44,506▲ €16,772
peak €537,586 (2021)
€381,609▼ 10.4%
€409,066▲ 60.7%
Board3 names since 2000
3 directors and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €7,509 to €5,747Loss of €44,5063 directors reappointed 24-09Debts from €254,559 to €409,066Investments €148,944Cash from €12,891 to €16,808

Key points

from the 2025 annual accounts

Losses

-€142,074 in four years
-20,0732022-16,2172023-61,2782024-44,5062025

Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.

Investments

€148,944 3.0 × depreciation
202120242025

Green is investment, beige is depreciation. Land and buildings stand 13.0% higher than in 2024.

Filings

39 annual accounts since 1986
AprilJune31 JulyOctober1990200020102020

Seven of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,613 companies had the same profile as FLEVAN has now. Each dot stands for 22 companies, two years later.

94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 8,613 companies, not a prediction for FLEVAN. 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

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

Signals

Board and ownership

Chair
Director
Director
Board & ownership

Recent changes

3 directors reappointed (chair of the board), and · General meeting of 24-07-2025 · Gazette deed
Amendment of the articles Gazette deed
3 directors reappointed , and (managing director) · General meeting of 13-08-2020 · Gazette deed
1 director appointed, 3 reappointments Reappointments: (managing director), and · Appointment: (chair of the board) · General meeting of 06-08-2015 · Gazette deed
All 56 events

Official details

Source: KBO
Status
Active since 01-07-1986Normal situation
Activity
“Aan- en verkoop,import en export en de productie van garens,textielprodukten,ruwe of afgewerkte,zowel voor eigen…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.035.366.8368791 Waregem, since 26-08-1986
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €41,000estimated
€878,698▲ 13.2%
Filing
Filed on 31-08-2026
Financials

Insights on FLEVAN

FLEVAN files the abbreviated format. That format states no turnover. The gross margin fell from €6,943 in 2006 to €5,747 in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FLEVAN

What is the company number of FLEVAN?
The company number of FLEVAN is 0429.259.345. The VAT number is the same number with BE in front: BE 0429.259.345.
Where is FLEVAN based?
The registered office is at Kortrijkseweg 226, 8791 Waregem.Company details
What is the legal form of FLEVAN?
FLEVAN is a public limited company (NV).
When was FLEVAN founded?
FLEVAN was founded on 01-07-1986.
Is FLEVAN still active?
Yes, FLEVAN is an active enterprise in the KBO register.
What is the turnover of FLEVAN?
The turnover in financial year 2025 is ≈ €41,000. This figure is estimated from the gross margin of €5,747 and 1,933 comparable companies of the same size. It probably lies between €16,000 and €110,000. It is a rough estimate.Financials
Is FLEVAN profitable?
In financial year 2025, FLEVAN made a loss of €44,506.
Where can I find the annual accounts of FLEVAN?
FLEVAN filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEVAN due?
FLEVAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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