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FLYGGER

Active Private limited companyfounded 2010active for 15 yearsRue Louis Braille 3, 1402 NivellesKBO/BCE: BE 0831.048.488
FLYGGER
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Overview

Lifetime

14 annual accounts with figures on one time axis
peak €70,457 (2017)
-€272▲ €13,858
lowest -€65,480 (2023)
-€47,546▲ €13,472
peak €174,522 (2022)
-€168▼ €47,546
€100,888▼ 2.7%
peak 0.4 FTE (2016)
-not published
Board5 names since 2021
1 directorDEMIR ERCAN
Owners
  
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Gross margin from -€14,130 to -€272Loss of €47,546Resignation: Natasha Louise J. HOLPER (director) 16-01Equity from €47,378 to -€168

Key points

from the 2025 annual accounts

Equity

-€168
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€174,043 in three years
-65,4802023-61,0172024-47,5462025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Debts

€100,888 100% of the balance sheet
2026 accounts not filed, 10 days past the deadlineTurnover not published (micro format)

Checked score

49
Fair
Financially stronger than 6% of micro companies in office administrative support (NACE 82)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 0.9%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 1.1%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▲ +0.2 percentage points vs 10-2025 12-2025: 1.0%▼ -0.3 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 2.1%▲ +1.1 percentage points vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.4%▲ +0.3 percentage points vs 09-2026 11-2026: 2.7%▲ +0.3 percentage points vs 10-2026highest value

Financial strength
Weak

25-31equity -0.2% of total assets
2-16short-term debt 100.2% · cash 2.0%
0=return on assets -47.2%

Score breakdown

raises risk
1 change of registered office in 24 months
Loss of €47,546, the second in a row (financial year 2025)
lowers risk
Size: total assets €100,720
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 13% of them on solvency, 3% on liquidity, 5% on profitability and 4% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,907 companies had the same profile as FLYGGER has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of FLYGGER itself: 2.7% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 6,907 companies, not a prediction for FLYGGER. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.14 (0.03 in 2024), below 1. Short-term debt is 100.2% and cash 2% of total assets. Equity is negative.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €100,720
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €47,546, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€168
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
48 days early
2023
7 days late
2022
85 days late
2021
62 days early
2020
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DE
DEMIR ERCAN
Director
Board & ownership

Recent changes

Registered office moved from Saint-Hubert to Nivelles New registered office: Rue Louis Braille 3 B.1402 Nivelles · Previous registered office: Route de Poix 102, 6870 Saint Hubert · General meeting of 14-04-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0831048488
Resignation: Natasha Louise J. HOLPER (director) Director discharge: Natasha Louise J. HOLPER · General meeting of 30-06-2024 · Gazette deed
1 director appointed, 2 resignations Resignations: Sophie Luchini and Frédéric Colson · Appointment: Demir ERCAN · Director discharge: Sophie Luchini · General meeting of 08-11-2023 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
FLYGGER Nivelles €100,720 -€272 -0.2% -
RAINBOW LINE Leuven €110,750 -€5,156 67.3% -
C&C FEXER Antwerp €96,829 -€1,844 41.0% -
BUREAU STROOM Genk €102,130 -€25,445 65.8% -
I4IT Tienen €100,679 -€706 12.1% -
SENITER Ghent €122,176 -€16,544 63.7% -
Capital-E II Partners Antwerp €93,916 -€6,879 -446.9% -

These companies have the same main activity as FLYGGER: other business support services (NACE 82990). They are comparable in size and age: total assets between €93,900 and €122,000, founded between 2008 and 2012.

Official details

Source: KBO
Status
Active since 12-11-2010Normal situation
Activity
Other business support servicesNACE 82990and 2 others
Establishment units
2.193.992.2231402 Nivelles, since 05-11-2010
2.242.794.4081400 Nivelles, since 19-06-2015and 1 other
Financial year end
31 March
Peppol
Reachable since 06-02-2026
Company details

Annual accounts to 31-03-2025

-€272▲ 98.1%
€47,546▼ 22.1%
-€168
€100,720▼ 33.3%
≈ 0 FTEestimated
Filing
Filed on 31-10-2025
Financials

Insights on FLYGGER

FLYGGER files the micro format. That format states no turnover. The gross margin fell from €46,082 in 2012 to -€272 in 2025.

The balance sheet grew most from 2021 to 2022 through fixed assets.

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

Financials

Annual accounts 2025

micro format, filed on 31-10-2025, on the day of the deadline
-€272
▲ €13,858
-€47,463
▲ €12,021
-€608
▲ €15,066
-€691
▲ €16,517
-0.2%
▼ 31.5 percentage points
0.14
▲ 0.10

Turnover and EBIT margin are not published. The micro format does not require them.

Money flows

no detail for 2025

Balance sheet

balance sheet total €100,720 on 31-03-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-0.2%

Higher than 14% of 9,696 companies in 2025.

0.14

Lower than 95% of 9,314 companies in 2025.

-47.2%

Lower than 95% of 9,438 companies in 2025.

FLYGGER Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom 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 Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 100,720151,117227,953288,47577,42976,727128,614117,374127,921121,916164,03869,32580,81790,420
20 -9321,3081,684----------
21/28 86,946146,876213,539228,06332,55718,60224,80315,77763,35565,59486,85228,18935,89242,102
21 4,2228,06811,64912,226---13,52359,83460,51879,3017,6825,3085,984
22/27 82,725138,808201,890215,83732,55718,60224,8032,2533,5215,0767,55120,50730,58436,118
23 75,436113,354144,221165,42320,156---------
24 13714,85143,61250,41512,40218,60224,8031,6372,8165,0767,55120,50730,58436,118
25 7,15110,60414,056-----------
26 -------617705-----
29/58 13,7733,30913,10658,72944,87258,125103,811101,59864,56656,32277,18641,13644,92648,318
3 --2,1608,682----------
30/36 --2,1608,682----------
40/41 10,9071,5689,55316,4719,86917,00339,74649,74425,07239,88825,22216,05914,29915,724
40 8,625-4,3538,1924,04913,04418,65240,68815,05726,21312,07714,82112,67410,012
41 2,2821,5685,2008,2795,8203,95921,0939,05710,01613,67513,1451,2381,6255,712
54/58 1,9971,7401,39328,80135,00341,12263,99449,63334,84216,19847,04120,07730,62632,515
490/1 870--4,774--712,2214,6522364,9235,000-79
Balance sheet: equity and liabilities
10/49 100,720151,117227,953288,47577,42976,727128,614117,374127,921121,916164,03869,32580,81790,420
10/15 -16847,378108,395174,52232,36534,04326,9767,9527,720-76623,02415,90129,07530,668
10/11 143,000143,000143,000143,00018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 -----18,60018,60018,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,860---------
130 -----1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,860---------
14 -145,028-97,482-36,46529,66211,90513,5836,516-12,508-12,740-29,559-5,769-4,5598,61510,208
15 ---------8,3338,333---
17/49 100,888103,739119,558113,95345,06442,685101,638109,422120,201122,682141,01453,42451,74259,751
17 -7,03010,012-1,7156,82971,84260,00073,02636,25138,016-4,29912,627
170/4 -7,03010,012-1,7156,82911,842-13,02636,25138,016-4,29912,627
178/9 ------60,00060,00060,000-----
42/48 100,88896,709109,546113,95343,34935,85529,79649,42247,17586,431102,99853,42447,23946,129
42 -2,92129,98231,7155,1145,0125,34213,02612,669-11,9844,2998,3287,979
44 5132,91415,57535,24022,4653,32012,3747,47412,47218,28631,61817,95113,45020,147
440/4 5132,91415,57535,24022,4653,32012,3747,47412,47218,28631,61817,95113,45020,147
45 -5638174161,0631,2252279,4046,4036,1952,5134,06914,0499,855
450/3 -5638174161,0631,2252279,4046,4036,1952,5134,06914,0499,855
47/48 100,37490,31163,17346,58114,70826,29811,85319,51815,63161,95056,88327,10511,4128,147
492/3 ------------204996
Income statement
70 -------------198,101
76A ------96,977-----1,103-
9900 -272-14,130-12,42454,5997,48118,46939,90757,44670,45747,44549,54414,15620,10646,082
60/61 -------------154,191
62 33939-------5,669-250--
630 46,85443,80949,27025,4926,2456,2016,20147,57870,70457,55150,03422,33219,45021,353
640/8 30401,6438,1277877851,8733,3791,3609361,8771,0073861,892
66A -605-449163202,253-1-----
9901 -47,463-59,484-63,33720,53128611,46429,5796,488-1,608-16,711-2,367-9,43327022,837
75/76B -2590--166256-16014,32465235347
75 -2590--166256-16014,32465235347
65/66B 4741,5591,8422,5201,8141,4887,3765,8976,7127,2299,9583,8041,4561,257
65 4741,5591,8422,5201,8141,4887,3765,8976,7127,2299,9583,8041,4561,257
9903 -47,937-61,017-65,08918,011-1,5289,99222,266647-8,320-23,7801,999-13,17215221,927
67/77 -392-3922531502,9252,442415-103,20921,7459,859
9904 -47,546-61,017-65,48017,757-1,6777,06619,824233-8,320-23,790-1,210-13,174-1,59312,068
9905 -47,546-61,017-65,48017,757-1,6777,06619,824233-8,320-23,790-1,210-13,174-1,59312,068
Appropriation of the result
9906 -145,028-97,482-36,46529,66211,90513,5837,316-12,508-12,740-29,559-5,769-4,5598,61512,068
14P -97,482-36,46529,01511,905----------
691/2 -------------1,860
6920 -------------1,860
694/7 ------800-------
694 ------800-------
Social balance sheet
9087 ---------0.4----
Hours worked1013 ---------729----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2025 micro format 31-10-2025 2025-00560853 PDF
31-03-2024 micro format 13-09-2024 2024-00462351 PDF
31-03-2023 micro format 07-11-2023 2023-00510174 PDF
31-03-2022 micro format 24-01-2023 2023-00002240 PDF
31-03-2021 micro format 30-08-2021 2021-59200403 PDF
31-03-2020 micro format 28-10-2020 2020-64500422 PDF
31-03-2019 micro format 04-10-2019 2019-68800415 PDF
31-03-2018 micro format 27-09-2018 2018-67500007 PDF
31-03-2017 micro format 12-01-2018 2018-01300540 PDF
31-03-2016 full format 31-10-2016 2016-67100170 PDF
31-03-2015 full format 02-02-2016 2016-03800493 PDF
31-03-2014 full format 28-11-2014 2014-67900261 PDF
31-03-2013 full format 20-11-2013 2013-66400008 PDF
31-03-2012 full format 29-11-2012 2012-64900128 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
-608-15,674-14,06746,0236,53117,66435,78054,06669,09540,84047,66712,89919,72044,190
-691-17,208-16,21143,2494,56813,26726,02547,81162,38333,76148,8249,15817,85733,421
-13,075-22,85434,370232,71820,200031,004030,43836,293122,85114,63013,24063,455
256348-27,408-6,203-6,118-22,87214,36114,79018,644-30,84326,964-10,549-1,888-
-87,114-93,400-96,440-55,2241,52322,26974,01552,17617,391-30,109-25,812-12,288-2,3132,189
-------------11.5%
-0.2%31.4%47.6%60.5%41.8%44.4%21.0%6.8%6.0%-0.6%14.0%22.9%36.0%33.9%
0.140.030.120.521.041.623.482.061.370.650.750.770.951.05
0.140.030.100.441.041.623.482.061.370.650.750.770.951.05
-2.191.100.651.391.253.7713.7615.57-6.123.361.781.95
--128.8%-60.4%10.2%-5.2%20.8%73.5%2.9%-107.8%--5.3%-82.9%-5.5%39.4%
-47.2%-40.4%-28.7%6.2%-2.2%9.2%15.4%0.2%-6.5%-19.5%-0.7%-19.0%-2.0%13.3%
-1.28-10.05-7.6418.26----------
-------------18 days
-------------48 days

The equity ratios are withheld because equity of -€168 is too small for a meaningful ratio.

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
Item31-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets--€31,572€218,624
Intangible fixed assets--€2,798€14,094
€46,854€43,809€49,270€25,492

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on FLYGGER

The operating result for 2025 is a loss of €47,463, smaller than the loss of €59,484 in 2024.

Equity is negative. Debt (€100,888) exceeds the balance-sheet total (€100,720).

Board & ownership

Board

1 director, last change in 2025
DEMIR ERCAN BV
Director
appointed by deed of 01-12-2023

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
DEMIR ERCAN
Director
Natasha Louise J. HOLPER
Board
Frédéric Colson
Director (not named in the articles)
Sophie Luchini
Board
LUXEMBOURG DEVELOPPEMENT
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • DEMIR ERCAN
    • Director, appointed by deed of 01-12-2023, still in office
  • Natasha Louise J. HOLPER
    • Board, until 16-01-2025
  • Frédéric Colson
    • Director (not named in the articles), from before 01-10-2021 to 08-11-2023
    • Manager, until 01-10-2021
  • Sophie Luchini
    • Board, from 30-09-2022 to 25-09-2023
    • Managing director, appointed by deed of 11-04-2023, ended, last mentioned on 11-04-2023
  • LUXEMBOURG DEVELOPPEMENT
    • Director, from 24-09-2021, no longer listed in the 2023 annual accounts

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

Control

Shareholders
Frédéric COLSON, LUXEMBOURG DEVELOPPEMENT, un seul actionnaire
This company
FLYGGER
Equity -€168
Loss €47,546 in 2025

Capital

Contribution
€143,000
Shares
100
Contribution per share
€1,430
Equity per share
-€1.68 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
LUXEMBOURG DEVELOPPEMENT
34.98%
34.98%
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 01-10-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of September at 10:00

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 01-10-2021 ↗
Capital over time
  1. 01-10-2021 Capital stated in the deed · 100 shares

Network & group

No group

FLYGGER has no parent and no holdings in its annual accounts. DEMIR ERCAN is the only director.

Earlier ties

BATIFER
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 19-07-2019
Open bankruptcy · founded in 1999
 48 FTE (2023)
DOMOBIOS
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 02-04-2020
Bankrupt
 total assets €814,216 (2021)
Phil'Cuisine
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 08-06-2021
Open bankruptcy · founded in 2014
 total assets €692,150 (2023)
TAKE OUT
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 25-06-2024
Open bankruptcy · founded in 2022
 total assets €623,141 (2024)
MSP Bois
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 20-02-2024
founded in 1968 · negative equity (2025)
 23 FTE (2025)
MOBIC PROMOTION
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 30-01-2024
founded in 2015 · negative equity (2025)
 turnover €2.1m (2025)
Show 12 more earlier ties
HEWY
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 20-08-2024
founded in 2021 · negative equity (2025)
 0.3 FTE (2025)
HABITAT + CONCEPT
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 22-01-2024
founded in 2002 · group Gofflot Invest
 5.1 FTE (2025)
MSP Bois Engineering
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 19-02-2024
founded in 1998
 8.6 FTE (2025)
NETAXIS SOLUTIONS
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 20-12-2019
founded in 2010
 6.1 FTE (2025)
ETABLISSEMENTS GUILMIN
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director (not named in the articles) · deed of 05-10-2020
founded in 2015
 11 FTE (2025)
salamander U
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 31-05-2019
founded in 2015
 7.4 FTE (2025)
Holding Lambert-Moreau
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director (not named in the articles) · deed of 05-07-2022
founded in 2022
 total assets €3.1m (2025)
LOUPPE MANAGEMENT
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 03-05-2019
founded in 2019
 total assets €490,044 (2025)
ARDENNES TOYS
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 22-06-2021
founded in 2014
 total assets €126,172 (2025)
MW HOLDING
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 02-04-2026
 founded in 2026
ETABLISSEMENTS GUILMIN
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 28-07-2023
No longer active
 11 FTE (2024)
IMAX PRO
via LUXEMBOURG DEVELOPPEMENT, at FLYGGER, last mentioned in 2021 · Director · deed of 01-04-2022
No longer active · founded in 2003
 5.4 FTE (2025)

Connections & network

3 connected companies
Depth
+18 companies via a shared corporate director +18via a sharedcorporate directorD.L.C., Shared corporate director DD.L.C.TOPSALES, Shared corporate director TTOPSALESTOPSALES FIELDMARKETING, Shared corporate director TFTOPSALESFIELDMARKETINGFLYGGER FLYGGER0831.048.488
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
TOPSALES
via DEMIR ERCAN · Director (not named in the articles) · deed of 28-09-2023
Founded in 2000 · total assets €1.9m (2025)
→
D.L.C.
via DEMIR ERCAN · Director (not named in the articles) · deed of 08-12-2023
Founded in 1990 · total assets €261,035 (2025)
→
TOPSALES FIELDMARKETING
via DEMIR ERCAN · Managing director · deed of 24-12-2019
Founded in 2014 · total assets €110,332 (2025)
→

Timeline

Timeline

30 events since 2010
2026
Registered office moved from Saint-Hubert to NivellesNew registered office: Rue Louis Braille 3 B.1402 Nivelles · Previous registered office: Route de Poix 102, 6870 Saint Hubert · General meeting of 14-04-20262 points ▸
  • General meeting, 14-04-2026
  • Registered-office move, Rue Louis Braille 3 B.1402 Nivelles

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0831048488
2025
Annual accounts 2025 filed PDFmicro format · on the deadline day
Resignation: Natasha Louise J. HOLPER (director)Director discharge: Natasha Louise J. HOLPER · General meeting of 30-06-20243 points ▸

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2024 filed PDFmicro format · 48 days before the deadline
2023
1 director appointed, 2 resignationsResignations: Sophie Luchini and Frédéric Colson · Appointment: Demir ERCAN · Director discharge: Sophie Luchini · General meeting of 08-11-20236 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFmicro format · 7 days late
Appointments: Sophie Luchini (managing director) and Colson Frédéric (director)General meeting of 30-09-20223 points ▸

Open the deed in the Belgian Official Gazette

Weakest financial year net -€65,480 The net result drops to -€65,480, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 85 days late
2022
Back to profit net €17,757 The net result is €17,757, after one loss-making year.
Equity above €150,000 equity €174,522 ▲439% Equity rises from €32,365 to €174,522.
2021
Registered office moved within Saint-HubertCapital contribution of €74,400 · Contribution: Frédéric COLSON · New registered office: Route de Poix 102, 6870 Saint-Hubert · General meeting of 24-09-202115 points ▸
  • General meeting, 24-09-2021
  • 100 shares
  • Registered-office move, Route de Poix 102, 6870 Saint-Hubert
  • Auditor report, 08-09-2021, mentioned twice in the deed
  • Capital contribution, €74,400
  • Frédéric COLSON holds 500 shares, mentioned twice in the deed
  • LUXEMBOURG DEVELOPPEMENT holds 269 shares
  • Power of attorney, Augustin Fosséprez, mentioned twice in the deed
  • Director resignation, Frédéric COLSON (manager)
  • Director reappointment, Frédéric COLSON (director (not named in the articles))
  • Director appointment, LUXEMBOURG DEVELOPPEMENT
  • Permanent representative, Natascha HOLPER
  • Permanent representative, Frédéric COLSON
  • Registered office clause, Route de Poix 102, 6870 Saint-Hubert
  • un seul actionnaire holds all the shares
  • The deed holds 30 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 62 days before the deadline
New establishment in Saint-Hubert Route de Poix 102
2020
Annual accounts 2020 filed PDFmicro format · 3 days before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 27 days before the deadline
Highest result from 2012 to 2025 net €19,824 ▲8,424% The operating result of €29,579 and the net result of €19,824 are both a record.
2018
Annual accounts 2018 filed PDFmicro format · 34 days before the deadline
Back to profit net €233 The net result is €233, after 5 loss-making years.
Annual accounts 2017 filed PDFmicro format · 73 days late
2017
Liquidity more than doubled current ratio 1.37 The current ratio rises from 0.65 to 1.37. Short-term debt falls from €86,431 to €47,175.
2016
Annual accounts 2016 filed PDFfull format · on the deadline day
Annual accounts 2015 filed PDFfull format · 94 days late
2015
New establishment in Nivelles Rue de l'Industrie 22
2014
Annual accounts 2014 filed PDFfull format · 28 days late
2013
Annual accounts 2013 filed PDFfull format · 20 days late
2012
Annual accounts 2012 filed PDFfull format · 29 days late
2010
Incorporation PDFpublished on 24-11-2010
First establishment Rue Louis Braille 3, Nivelles

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 12 November 2010, FLYGGER was incorporated.1 The registered office moved to Saint-Hubert in 2021 and to Nivelles in 2026.23 DEMIR ERCAN is director of the company, appointed by deed of 01-12-2023.4 Total assets went from €128,614 in 2019 to €100,720 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-10-2021
  3. 3Belgian Official Gazette, 02-07-2026
  4. 4Belgian Official Gazette, 01-12-2023
  5. 5National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0831.048.488
VAT number
BE 0831.048.488
Peppol ID
0208:0831048488
Other Peppol ID
9925:BE0831048488
Legal form
Private limited company
Status
Active, normal situation
Founded
12-11-2010
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of September at 10:00
deed of 01-10-2021 (in French)
Peppol
Reachable since 06-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FLYGGER in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 01-10-2021 (in French)

Activities

NACEBEL 2025
82990 Other business support services main activity
70200 Business and other management consultancy
77330 Rental and leasing activities
Codes under NACEBEL 2008
82990 Other business support services main activity
70220 Business consulting
77330 Rental and leasing activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“La conception,la fabrication,la production,la transformation,la commercialisation au détail et/ou en gros - vers ou non des distributeurs…”
12 activities
  1. La conception,la fabrication,la production,la transformation,la commercialisation au détail et/ou en gros - vers ou non des distributeurs locaux -,le transport et la livraison de tous produits alimentaires (en provenance d’animaux,de plantes,de fruits,de légumes,etc.,la présente liste étant énonciative et non limitative et devant être interprétée dans son sens le plus large),de toutes boissons alcoolisées ou non ; la mise en valeur et la recherche de nouveaux marchés,des produits fabriqués et/ou commercialisés,par la participation à diverses foires et marchés et par la publicité.
  2. Toutes activités et tous commerces en rapport direct ou indirect avec la petite restauration en général ou le service de cuisine rapide et le secteur Horeca en ce domaine,ainsi que la livraison à domicile et la vente ambulante y relatives ; la gestion et l’exploitation de micro brasseries,de tous établissements Horeca – restaurants,friteries,sandwicheries,salons de consommation et de dégustation,snacks,cafés,tavernes,lounge bars,brasseries,débits de boissons,cafétérias sportives ou non,etc..
  3. La gestion,l’exploitation,la location et la mise à disposition d’hôtels,de lieux d’hébergement,de gîtes,de maisons d’hôtes,de logements qualifiés d’insolites (entre autres et sans que la liste qui suit ne soit exhaustive : sphères,bulles,cabanes,habitats légers de loisirs,yourtes,etc.) ainsi que la prestation de tous services directement liés et/ou connexes à cet objet.
  4. La gestion et l’exploitation de tous établissements de divertissements,de loisirs ou similaires ; la gestion et l’exploitation de toutes plaines de jeux,intérieures ou extérieures ; la location de salles pour animations,spectacles,réunions,conférences,banquets,réceptions,soirées à thèmes et manifestations similaires ; l’exploitation d’installations sportives,récréatives,de détente et touristiques ; l’organisation d’événements en tous genres ; l’organisation d’activités liées au secteur aéronautique,de circuits touristiques,de balades en Vespa,Segway,trottinettes électriques,vélos électriques ou autres,voitures anciennes,de balades gourmandes,etc. ; la location de tous matériels pour tous événements,animations,organisations ou manifestations.
  5. La conception,la location,la vente de logiciels destinés à la formation dans le sens le plus large,en ce compris dans le domaine des langues et de l’aviation.
  6. L’accomplissement de toutes formes d’actes commerciaux ou non,toutes formes d’enseignements,de conseils et de représentations pour des tiers ; la fonction d'intermédiaire commercial ainsi que toutes prestations de service en général ; tout commerce quelconque en ce compris par le biais de la franchise,pourvu que celui-ci ne soit pas spécialement réglementé.
  7. La constitution,la gestion,la conservation,l’amélioration,le développement et la valorisation dans son sens le plus large d’un patrimoine mobilier et immobilier (construits et non construits) dont elle fera l’acquisition par toutes voies. Dans ce cadre,elle pourra valoriser ce patrimoine mobilier et immobilier par des actes de gestion et même de disposition s’il échet tels que,la présente liste étant énonciative et non limitative : exploitation,investissement,achat,vente,aménagements,transformations,mise à disposition d’espaces,location et leasing,échange,promotion immobilière,construction,prise de participations directe ou indirecte dans toutes affaires,entreprises (commerciales,industrielles,financières,mobilières et immobilières) ou sociétés.
  8. Elle pourra exploiter tous entrepôts,ateliers,magasins et bureaux,acquérir,louer tous terrains,immeubles ou installations,transformer lesdits immeubles pour faciliter la réalisation de son objet.
  9. Acquérir,créer,concéder ou céder toutes marques de fabrique et de commerce,brevets,dessins et modèles industriels
  10. S’intéresser,dans les limites légales,de toutes manières et par tous moyens - par voies d’apports,de souscriptions,d’interventions financières ou par tout autre mode - et en tous lieux,dans toutes sociétés,associations ou entreprises existantes ou à créer,en Belgique ou à l’étranger,dont l’objet serait identique,analogue ou connexe au sien ou qui serait susceptible de constituer pour elle un débouché,de lui procurer des matières premières,d’en faciliter l’extension,le développement et l’écoulement de ses produits ainsi que de favoriser la vente de ses produits ou services
  11. Conclure d'une façon générale et dans les limites légales,tous contrats et accomplir toutes opérations généralement quelconques,commerciales,artisanales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,le développement ou la réalisation
  12. Contracter des emprunts et en accorder également à des tiers,actionnaires,administrateurs ou non
deed of 01-10-2021 (in French)

Registered office and establishments

3 establishments
Establishment Since Unit numberFASFC approval
Rue Louis Braille 3 registered office 1402 Nivelles 05-11-2010 2.193.992.223
Rue de l'Industrie 22 1400 Nivelles 19-06-2015 2.242.794.408
Route de Poix 102 6870 Saint-Hubert 10520 Manufacture of food products 01-07-2021 2.318.014.047 Itinerant retailer
Retail with processing activity
Buyer of raw cow’s milk
1 former office
  • Route de Poix 102, 6870 Saint Hubert until 14-04-2026 · deed of 02-07-2026

Buildings and parcels at the addresses

Ground area
1.3 ha
Buildings
7,552 m²
Volume, LiDAR
52,323 m³
Tallest building
10.5 m
Buildings to scale, each on its own parcel
7,329 m², 10.4 m 7,329 m², 10.4 m

Location

registered office establishment approximate All 3 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25782C0669/00L0001.2 ha 1 · 7,329 m² 10.4 m · 2
25099D0012/00P0091,948 m² 1 · 223 m² 9.5 m · 3

Recognitions

Food safety, FASFC

1 site
Saint-Hubertunit number 2.318.014.047
3 permissions
Authorisation · Itinerant retailer · since 07-09-2021
Authorisation · Retail with processing activity · since 07-09-2021
Authorisation · Buyer of raw cow’s milk · since 07-09-2021

Source: FAVV-AFSCA, open data, updated on 02-11-2026

Contact

E-mail demir@skynet.be establishment in Nivelles
Phone +32 495 51 10 05 establishment in Nivelles

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