ETN. FLOR BAES
0400.824.784 · rovalta.com · 24/09/2026
ACTIVE
ETN. FLOR BAES
Financial year 2025 · closed on 30/09/2025
Net result
63,4 k €
-65.7% YoY
Gross margin
185,2 k €
-50.6% YoY
Equity
918,7 k €
+7.4% YoY
Overview
What does ETN. FLOR BAES do?
ETN. FLOR BAES is a Public limited company incorporated in 1968. Its registered office is in Mechelen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.824.784
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
IJzerenleen 47 box 3
2800 Mechelen · FlandreSee on map
2800 Mechelen · FlandreSee on map
Contributed capital
173 525,47 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 185,2 k € | -50.6% | 374,8 k € | +121% | 169,5 k € | -6.7% | 181,6 k € | +10.1% | 164,9 k € | +16.3% | 141,8 k € | +7.7% | 131,7 k € | +20.1% | 109,6 k € | -1.6% | 111,4 k € | +8.8% | 102,4 k € | -13.4% | 118,2 k € | -17.4% | 143,2 k € | +38.0% | 103,8 k € | +11.1% | 93,4 k € | +14.2% | 81,8 k € | +9.8% | 74,5 k € | +3.6% | 71,9 k € | +22.7% | 58,6 k € |
| EBITDA | 156,7 k € | -54.3% | 343,1 k € | +142% | 141,5 k € | -9.2% | 155,8 k € | +11.4% | 139,9 k € | +18.3% | 118,3 k € | +6.2% | 111,4 k € | +25.4% | 88,8 k € | -1.8% | 90,4 k € | +9.3% | 82,7 k € | -16.3% | 98,9 k € | -20.3% | 124 k € | +45.7% | 85,1 k € | +13.2% | 75,2 k € | +17.2% | 64,2 k € | +9.2% | 58,7 k € | +2.3% | 57,4 k € | +30.2% | 44,1 k € |
| Operating result | 108,4 k € | -62.5% | 289,5 k € | +298% | 72,7 k € | -17.2% | 87,9 k € | +26.7% | 69,3 k € | +87.3% | 37 k € | +56.2% | 23,7 k € | +487% | 4 k € | -56.1% | 9,2 k € | +109% | 4,4 k € | -83.7% | 26,9 k € | -55.5% | 60,5 k € | +181% | 21,6 k € | +42.0% | 15,2 k € | +278% | -8,5 k € | +87.3% | -66,9 k € | -382% | 23,7 k € | +191% | 8,2 k € |
| Net result | 63,4 k € | -65.7% | 184,8 k € | +427% | 35 k € | -41.9% | 60,3 k € | +45.4% | 41,5 k € | +520% | 6,7 k € | +257% | -4,3 k € | +84.9% | -28,3 k € | -21.4% | -23,3 k € | +36.0% | -36,3 k € | -148% | -14,6 k € | -145% | 32,7 k € | +263% | -20,1 k € | +28.0% | -27,9 k € | -168% | 41,1 k € | +151% | -81,1 k € | -442% | 23,7 k € | +95.4% | 12,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 918,7 k € | +7.4% | 855,3 k € | +27.6% | 670,4 k € | +5.5% | 635,4 k € | +10.5% | 575,1 k € | +11.0% | 517,9 k € | +1.3% | 511,2 k € | -0.8% | 515,4 k € | -5.2% | 543,7 k € | -4.1% | 567 k € | -6.0% | 603,3 k € | -2.4% | 618 k € | +5.6% | 585,3 k € | -3.3% | 605,4 k € | -4.4% | 633,2 k € | +6.9% | 592,1 k € | -12.0% | 673,2 k € | +3.7% | 649,4 k € |
| Total assets | 1,6 M € | +1.9% | 1,6 M € | +19.4% | 1,3 M € | +4.9% | 1,2 M € | +5.6% | 1,2 M € | +4.3% | 1,1 M € | +1.7% | 1,1 M € | +0.1% | 1,1 M € | -2.2% | 1,1 M € | -2.2% | 1,2 M € | -3.6% | 1,2 M € | -1.1% | 1,2 M € | +1.5% | 1,2 M € | -2.7% | 1,2 M € | -2.6% | 1,3 M € | +6.7% | 1,2 M € | +72.7% | 686,5 k € | +3.8% | 661,4 k € |
| Cash | 102,5 k € | -15.5% | 121,3 k € | -74.5% | 475,9 k € | +12.7% | 422,3 k € | +35.8% | 311 k € | +43.3% | 216,9 k € | +84.1% | 117,9 k € | +10.7% | 106,4 k € | -20.9% | 134,6 k € | -12.8% | 154,4 k € | -23.2% | 200,9 k € | +41.4% | 142,1 k € | -16.4% | 169,8 k € | -4.7% | 178,3 k € | -27.0% | 244,1 k € | +152% | 96,8 k € | -48.6% | 188,5 k € | +28.9% | 146,3 k € |
| Debts | 595,4 k € | -5.4% | 629,2 k € | +9.2% | 576,4 k € | -1.1% | 582,6 k € | +1.0% | 576,8 k € | -0.7% | 580,9 k € | +2.0% | 569,5 k € | +1.5% | 561 k € | +0.5% | 558,2 k € | +0.3% | 556,6 k € | +0.3% | 555,1 k € | -0.4% | 557,4 k € | -2.5% | 571,5 k € | -2.2% | 584,5 k € | -2.0% | 596,3 k € | +3.1% | 578 k € | +4564% | 12,4 k € | +7.4% | 11,5 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 2 ended
Active mandates
Leo Baes
ActiveEnded mandates
Leo Baes
EndedLeo Baes
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 12/02/2026 | 04/03/2025 | 27/03/2024 | 03/02/2023 | 15/02/2022 | 01/03/2021 |
| General meeting | 23/12/2025 | 24/12/2024 | 26/12/2023 | 26/12/2022 | 28/12/2021 | 22/12/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 23/12/2025 | 12/02/2026 | Dutch | |
| Micro model | 30/09/2024 | 24/12/2024 | 04/03/2025 | Dutch | |
| Micro model | 30/09/2023 | 26/12/2023 | 27/03/2024 | Dutch | |
| Micro model | 30/09/2022 | 26/12/2022 | 03/02/2023 | Dutch | |
| Micro model | 30/09/2021 | 28/12/2021 | 15/02/2022 | Dutch | |
| Micro model | 30/09/2020 | 22/12/2020 | 01/03/2021 | Dutch | |
| Micro model | 30/09/2019 | 24/12/2019 | 30/01/2020 | Dutch | |
| Micro model | 30/09/2018 | 26/12/2018 | 28/01/2019 | Dutch | |
| Micro model | 30/09/2017 | 26/12/2017 | 25/01/2018 | Dutch | |
| Abridged model | 30/09/2016 | 27/12/2016 | 24/01/2017 | Dutch | |
| Abridged model | 30/09/2015 | 22/12/2015 | 28/01/2016 | Dutch | |
| Abridged model | 30/09/2014 | 23/12/2014 | 27/01/2015 | Dutch | |
| Abridged model | 30/09/2013 | 24/12/2013 | 28/01/2014 | Dutch | |
| Abridged model | 30/09/2012 | 26/12/2012 | 24/01/2013 | Dutch | |
| Abridged model | 30/09/2011 | 27/12/2011 | 06/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 28/12/2010 | 27/01/2011 | Dutch | |
| Abridged model | 30/09/2009 | 22/12/2009 | 26/01/2010 | Dutch | |
| Abridged model | 30/09/2008 | 23/12/2008 | 05/01/2009 | Dutch | |
| Abridged model | 30/09/2007 | 26/12/2007 | 29/01/2008 | Dutch | |
| Abridged model | 30/09/2006 | 26/12/2006 | 30/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 2 ended
Active mandates
Leo Baes
ActiveEnded mandates
Leo Baes
EndedLeo Baes
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202563,4 k €↓
- 2025Name changeEtablissementen Flor Baes
- 2024Annual accounts 2024184,8 k €↑
- 2023Annual accounts 202335 k €↓
- 2022Annual accounts 202260,3 k €↑
- 2022Name changeEtablissementen Baes Flor
- 2021Annual accounts 202141,5 k €↑
- 2019Annual accounts 20196,7 k €↑
- 2018Annual accounts 2018-4,3 k €↑
- 2017Annual accounts 2017-28,3 k €↓
- 2016Annual accounts 2016-23,3 k €↑
- 2015Annual accounts 2015-36,3 k €↓
- 2014Annual accounts 2014-14,6 k €↓
- 2013Annual accounts 201332,7 k €↑
- 2012Annual accounts 2012-20,1 k €↑
- 2011Annual accounts 2011-27,9 k €↓
- 2010Annual accounts 201041,1 k €↑
- 2009Annual accounts 2009-81,1 k €↓
- 2008Annual accounts 200823,7 k €↑
- 2007Annual accounts 200712,1 k €
- 01/01/1968IncorporationPublic limited company