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FLIN

Dissolution or liquidation1 interim measure
Public limited companyfounded 1988Lieven Bauwensstraat 20, 8200 Brugge, BelgiumKBO/BCE: BE 0436.263.735
Summary

The KBO register records for FLIN the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€1.3m) and a net result of €287,427.

FLINDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 31-08-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
32 d late
2024
121 d late
2023
224 d late
2023
299 d late
2022
334 d late
2021
206 d late
2020
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 174 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-12-2026 close30-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FLIN was incorporated on 23 December 1988.1 Total assets fell from EUR 1.3 million in 2018 to EUR 483,142 in 2025 and headcount from 2.1 full-time equivalents in 2018 to 1 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2025

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€287,427
2024 · -€715
Working capital
-€1.3m▲ 18.9%
2024 · -€1.6m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202320242025
Operating result-€144,283▼ 34.9%-€108,935▲ 24.5%-€304,797-€13,894€287,629▲ 1,970%
Net result-€568,771▼ 265%-€151,693▲ 73.3%-€316,021--€715▲ 99.8%€287,427
Equity-€1.1m▼ 101%-€1.3m▼ 13.4%-€1.6m--€1.6m=-€1.3m▲ 17.9%
Total assets€322,733▼ 50.0%€167,534▼ 48.1%€171,329-€186,070▲ 8.6%€483,142▲ 160%
Debt€1.5m▲ 20.3%€1.5m▼ 0.2%€1.8m-€1.8m▲ 0.9%€1.8m▲ 0.5%
Working capital-€1.2m▼ 24.8%-€1.3m▼ 12.5%-€1.6m--€1.6m=-€1.3m▲ 18.9%
Staff (FTE)1.4▼ 30.0%1▼ 28.6%0-00
Why a figure moved sharply
  • 2024 Net result +100% on 2023. The previous fiscal year ran 2 months, this one 12.
  • 2023 Net result +73% on 2022. This fiscal year ran 10 months, the previous one 12.
Result per fiscal year
Operating resultNet result
-€750,000-€500,000-€250,000€0€250,000Operating result 2022: -€144,283-€144,283Net result 2022: -€568,771-€568,771Operating result 2023: -€108,935-€108,935Net result 2023: -€151,693-€151,693Operating result 2023: -€304,797-€304,797Net result 2023: -€316,021-€316,021Operating result 2024: €13,894€13,894Net result 2024: -€715-€715Operating result 2025: €287,629€287,629Net result 2025: €287,427€287,42720222023202320242025-€400,000-€200,000€0€200,000Operating result 2023: -€304,797-€305,000Net result 2023: -€316,021-€316,000Operating result 2024: €13,894€13,900Net result 2024: -€715-€715Operating result 2025: €287,629€288,000Net result 2025: €287,427€287,000202320242025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Key figures and ratios
2025 value · change against 2024
Solvency
-272.1%▲
2024 · -861.1%
Current ratio
0.27▲
2024 · 0.09
Debt to equity
-1.37▼
2024 · -1.12
ROA
59.5%▲
2024 · -0.4%
Debt ≤ 1 year
€1.8m▲
2024 · €1.8m
Income taxes
€0▼
2024 · €13,687
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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,070€483,142▲
Fixed assets21/28€18,452€0▼
Tangible fixed assets22/27€18,452€0▼
Land and buildings22€18,452€0▼
Current assets29/58€167,618€483,142▲
Amounts receivable within one year40/41€53,073€46,017▼
Trade receivables40€45,903€45,903=
Other amounts receivable41€7,170€114▼
Cash at bank and in hand54/58€114,546€437,125▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€186,070€483,142▲
Equity10/15-€1.6m-€1.3m▲
Contributions10/11€594,300€594,300=
Capital10€594,300€594,300=
Issued capital100€594,300€594,300=
Reserves13€59,430€59,430=
Non-distributable reserves130/1€59,430€59,430=
Legal reserve130€59,430€59,430=
Profit (loss) carried forward14-€2.3m-€2.0m▲
Amounts payable17/49€1.8m€1.8m▲
Amounts payable within one year42/48€1.8m€1.8m▲
Trade debts44€36,434€43,803▲
Suppliers440/4€36,434€43,803▲
Taxes, remuneration and social security45€371,217€373,492▲
Taxes450/3€109,664€111,939▲
Remuneration and social security454/9€261,553€261,553=
Other amounts payable47/48€1.4m€1.4m=
Accrued charges and deferred income492/3€5,522€5,522=
Income statement Code20242025
Non-recurring operating income76A€7,585€323,548▲
Remuneration, social security and pensions62€0-
Other operating charges640/8€6,746€2,017▼
Gross operating margin9900€20,639€289,646▲
Operating profit (loss)9901€13,894€287,629▲
Financial income75/76B€0€744,138▲
Recurring financial income75€0€379▲
Non-recurring financial income76B-€743,759
Financial charges65/66B€921€744,341▲
Recurring financial charges65€921€583▼
Non-recurring financial charges66B-€743,758
Profit (loss) for the period before taxes9903€12,972€287,427▲
Income taxes67/77€13,687€0▼
Profit (loss) for the period9904-€715€287,427▲
Profit (loss) for the period to be appropriated9905-€715€287,427▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2.3m-€2.0m▲
Profit (loss) brought forward from the previous period14P-€2.3m-€2.3m=
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202320242025Change
Non-recurring operating income76A€0--€7,585€323,548▲ 4,166%
Remuneration, social security and pensions62€63,397€59,898€308,213€0--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€789,364€0----
Other operating charges640/8€809,787€2,071€415€6,746€2,017▼ 70.1%
Gross operating margin9900-€60,463-€46,966€3,832€20,639€289,646▲ 1,303%
Operating profit (loss)9901-€144,283-€108,935-€304,797€13,894€287,629▲ 1,970%
Financial income75/76B€479€318€96€0€744,138-
Recurring financial income75€479€318€96€0€379-
Non-recurring financial income76B----€743,759-
Financial charges65/66B€424,967€43,076€11,320€921€744,341▲ 80,678%
Recurring financial charges65€76,207€43,076€11,320€921€583▼ 36.7%
Non-recurring financial charges66B€348,760€0--€743,758-
Profit (loss) for the period before taxes9903-€568,771-€151,693-€316,021€12,972€287,427▲ 2,116%
Income taxes67/77€0€0€0€13,687€0▼ 100%
Profit (loss) for the period9904-€568,771-€151,693-€316,021-€715€287,427▲ 40,321%
Profit (loss) for the period to be appropriated9905-€568,771-€151,693-€316,021-€715€287,427▲ 40,321%
Line20222023202320242025Change
Assets
Total assets20/58€322,733€167,534€171,329€186,070€483,142▲ 160%
Fixed assets21/28€18,452€18,452€18,452€18,452€0▼ 100%
Tangible fixed assets22/27€18,452€18,452€18,452€18,452€0▼ 100%
Land and buildings22€18,452€18,452€18,452€18,452€0▼ 100%
Financial fixed assets28€0-----
Current assets29/58€304,281€149,082€152,877€167,618€483,142▲ 188%
Stocks and contracts in progress3€241,918€0----
Contracts in progress37€241,918€0----
Amounts receivable within one year40/41€60,587€69,427€71,328€53,073€46,017▼ 13.3%
Trade receivables40€52,805€62,291€64,096€45,903€45,903=
Other amounts receivable41€7,782€7,136€7,232€7,170€114▼ 98.4%
Cash at bank and in hand54/58€1,775€78,799€80,738€114,546€437,125▲ 282%
Deferred charges and accrued income490/1€0€856€811€0--
Equity and liabilities
Total equity and liabilities10/49€322,733€167,534€171,329€186,070€483,142▲ 160%
Equity10/15-€1.1m-€1.3m-€1.6m-€1.6m-€1.3m▲ 17.9%
Contributions10/11€594,300€594,300€594,300€594,300€594,300=
Capital10€594,300€594,300€594,300€594,300€594,300=
Issued capital100€594,300€594,300€594,300€594,300€594,300=
Reserves13€59,430€59,430€59,430€59,430€59,430=
Non-distributable reserves130/1€59,430€59,430€59,430€59,430€59,430=
Legal reserve130€59,430€59,430€59,430€59,430€59,430=
Profit (loss) carried forward14-€1.8m-€1.9m-€2.3m-€2.3m-€2.0m▲ 12.7%
Amounts payable17/49€1.5m€1.5m€1.8m€1.8m€1.8m▲ 0.5%
Amounts payable within one year42/48€1.5m€1.4m€1.8m€1.8m€1.8m▲ 0.5%
Trade debts44€97,617€40,381€40,549€36,434€43,803▲ 20.2%
Suppliers440/4€97,617€40,381€40,549€36,434€43,803▲ 20.2%
Taxes, remuneration and social security45€11,739€39,386€348,670€371,217€373,492▲ 0.6%
Taxes450/3€1,548€13,530€82,503€109,664€111,939▲ 2.1%
Remuneration and social security454/9€10,190€25,856€266,167€261,553€261,553=
Other amounts payable47/48€1.3m€1.4m€1.4m€1.4m€1.4m=
Accrued charges and deferred income492/3€0€7,499€5,522€5,522€5,522=
Line20222023202320242025Change
Profit (loss) for the period9904-€568,771-€151,693-€316,021-€715€287,427▲ 40,321%
Operating cash flow (approximation)-€568,771-€151,693-€316,021-€715€287,427▲ 40,321%
Investment in fixed assets (approximation)-€0-€0€18,452-
Change in cash-€77,024-€33,808€322,579▲ 854%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 32 days late
2025
30-12
Financial Back to profitnet €287,427
Net result €287,427 after 6 loss-making years.
28-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 121 days late
11-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 224 days late
2024
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 334 days late
2023
06-07
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
21-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 206 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial Back to profitnet €457,253
Net result €457,253 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
4,506 m²
Volume, LiDAR
21,823 m³
2 parcels, Flanders · tallest building 52.5 m, ±2 floors. Linked by address, not a title deed.
36 companies at this address See who is registered here
1 establishment unit
FLIN
Steenbruggedijk 1, 8020 OostkampManufacture of rubber and plastic products
since 19892.041.678.764
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31022A0003/00X000 Flanders 1.2 ha 1 · 2,809 m² 10.0 m · 2 fl.
31424B0551/00N000 Flanders 3,964 m² 1 · 1,696 m² 52.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-12-2025 of FLIN and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

549300T13DEJ5ZXHKL25
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded23-12-1988
Fiscal year end30-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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