ACTIVE

FlyerCo IV

Financial year 2025 · Closed on 31/12/2025

Net result
-39,4 k €
-103,3 %over 1 year
Gross margin
-10 k €
Equity
692 k €
-43,1 %over 1 year

Identity

Source · BCE/KBO

FlyerCo IV is a Private limited company incorporated in 2019. Its main activity is: Support activities for transportation. Its registered office is in Bornem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0727.637.184
Incorporation
29/05/2019
Legal form
Private limited company
Registered office
Klein-Mechelen(BOR) 18A
2880 Bornem · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 226
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 8 filings

Trend over 4 financial years

2025202220212020
Income statement
Gross margin-10 k €–––
EBITDA-11 k €1,8 M €241,5 k €305,3 k €
Operating result-11 k €1,7 M €69,6 k €8,6 k €
Net result-39,4 k €1,2 M €3,6 k €-37,1 k €
Balance sheet
Equity692 k €1,2 M €16,5 k €12,9 k €
Total assets1,7 M €2 M €5,1 M €4,3 M €
Cash1,6 k €50,8 k €240,9 k €618,1 k €
Debts1 M €773,5 k €5,1 M €4,3 M €
Other
Workforce–43,7 ETP39,9 ETP39,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

NPM Capital

Director · since 30 juillet 2022

Represented by Martijn Koster

Active
LUMA

Director · since 01 juillet 2022 · 0631.734.571

Represented by Raf Lambrix

Active

Ended mandates

NPM Capital NV

Director · since 30 juillet 2022

Represented by Martijn Koster

Ended
LUMA

Director · since 01 juillet 2022 · 0631.734.571

Represented by Raf Lambrix

Ended
KEREL

Director · since 28 mai 2019 · until 30 juin 2022 · 0657.910.418

Represented by Kristof Gouvaerts

Ended
KEREL

Director · since 28 mai 2019 · until 29 juillet 2022 · 0657.910.418

Represented by Kristof GOUVAERTS

Ended

Other companies at this address

Klein-Mechelen(BOR) 18A 2880 Bornem
CompanyCBE no.
BD Addressed● Active
1028.749.435
BD MEDIA● Active
0786.479.364
BD My Shopi● Active
1000.190.259
0786.436.111
Flyerco I● Active
0403.522.770

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202128/05/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months20 months
Filing date11/09/202615/10/202525/09/202501/10/202408/11/202215/11/2021
General meeting11/09/202615/10/202524/09/202530/09/202429/07/202229/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/09/202611/09/2026DutchPDF
Abridged model31/12/202415/10/202515/10/2025DutchPDF
Abridged model31/12/202324/09/202525/09/2025DutchPDF
Full modelCorrection31/12/202217/07/202518/07/2025DutchPDF
Full model31/12/202230/09/202401/10/2024DutchPDF
Full model31/12/202129/07/202208/11/2022DutchPDF
Full modelCorrection31/12/202029/07/202115/11/2021DutchPDF
Full model31/12/202029/07/202130/07/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

NPM Capital

Director · since 30 juillet 2022

Represented by Martijn Koster

Active
LUMA

Director · since 01 juillet 2022 · 0631.734.571

Represented by Raf Lambrix

Active

Ended mandates

NPM Capital NV

Director · since 30 juillet 2022

Represented by Martijn Koster

Ended
LUMA

Director · since 01 juillet 2022 · 0631.734.571

Represented by Raf Lambrix

Ended
KEREL

Director · since 28 mai 2019 · until 30 juin 2022 · 0657.910.418

Represented by Kristof Gouvaerts

Ended
KEREL

Director · since 28 mai 2019 · until 29 juillet 2022 · 0657.910.418

Represented by Kristof GOUVAERTS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other15/09/2026
    DIVERSEN
    PDF
  • Restructuring27/08/2026
    Fusievoorstel
    PDF
  • Mandates12/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates05/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/06/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other16/06/2021
    DOEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-39,4 k €↓
  2. 2022
    Annual accounts 20221,2 M €↑
  3. 2022
    Name changeFlyerco IV
  4. 2021
    Annual accounts 20213,6 k €↑
  5. 2020
    Annual accounts 2020-37,1 k €
  6. 2020
    Name changeBD Smart Logistics
  7. 29/05/2019
    IncorporationPrivate limited company