You get a different guide number for metres and feet, so make sure your calculation is based on the same units. In flash photography, aperture controls the flash exposure, and shutter speed controls the ambient light that records. You can work out the aperture for flash based on flash to subject distance, as you have done. You could then take an ambient light meter reading to see what shutter speed is appropriate. That should balance the exposure. Indoors at f16, the ambient light might need quite a slow speed, especially with a 100asa, or similar speed film. I'm not sure if your camera uses a leaf shutter in the lens. If it does, the flash will sync at any speed. If not , you will need to check the maximum sync speed, and stay at or below that. Instant film has quite a narrow latitude, so a small difference in exposure can have a big effect. It is similar to slide film in that respect.
Alex