FL SYSTEMS
0406.968.448 · rovalta.com · 22/09/2026
NORMAL SITUATION
FL SYSTEMS
Financial year 2023 · closed on 31/08/2023
Net result
46,1 k €
+0.1% YoY
Gross margin
-84,8 €
-11.7% YoY
Equity
1,4 M €
+3.3% YoY
Company — Normal situation.
Overview
What does FL SYSTEMS do?
FL SYSTEMS is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0406.968.448
Legal form
Public limited company
Contributed capital
462 000,00 €
Latest accounts
31/08/2023
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityPositive cashflow
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Financials
Trend over 16 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | -84,8 € | -11.7% | -75,9 € | -106% | 1,3 k € | +122% | -5,6 k € | -107% | 78,9 k € | -96.3% | 2,2 M € | +1594% | -144,7 k € | – | – | – | – | – | – | – | – | – | |||||||||
| EBITDA | -1,1 k € | +0.2% | -1,1 k € | -197% | 1,1 k € | +112% | -9,7 k € | -120% | 49 k € | -95.9% | 1,2 M € | +917% | -144,8 k € | -96.2% | -73,8 k € | -190% | 82,3 k € | +87.7% | 43,8 k € | +106% | -688,9 k € | -403% | 227,2 k € | +8.4% | 209,6 k € | -7.5% | 226,6 k € | -80.1% | 1,1 M € | +676% | 147 k € |
| Operating result | -1,1 k € | +0.2% | -1,1 k € | -197% | 1,1 k € | +112% | -9,7 k € | -120% | 49 k € | -95.9% | 1,2 M € | +561% | -256,8 k € | -38.6% | -185,2 k € | -559% | -28,1 k € | +58.5% | -67,9 k € | +90.9% | -748,7 k € | -547% | 167,4 k € | +11.7% | 149,8 k € | -10.3% | 167 k € | -82.0% | 928,7 k € | +33137% | -2,8 k € |
| Net result | 46,1 k € | +0.1% | 46,1 k € | -32.3% | 68 k € | +79.8% | 37,8 k € | -30.0% | 54 k € | -95.3% | 1,2 M € | +554% | -253,7 k € | -1.5% | -249,9 k € | -182% | -88,7 k € | +25.1% | -118,5 k € | +85.3% | -804,6 k € | -604% | 159,5 k € | +1.2% | 157,7 k € | +3.4% | 152,6 k € | -83.9% | 950,2 k € | +1987% | 45,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 1,4 M € | +3.3% | 1,4 M € | +3.4% | 1,3 M € | +5.3% | 1,3 M € | +3.0% | 1,2 M € | +4.5% | 1,2 M € | -17.6% | 1,4 M € | -15.0% | 1,7 M € | -12.8% | 1,9 M € | -4.4% | 2 M € | -5.5% | 2,2 M € | +38.7% | 1,6 M € | +11.5% | 1,4 M € | +12.8% | 1,2 M € | -71.1% | 4,3 M € | +28.6% | 3,3 M € |
| Total assets | 1,4 M € | +3.3% | 1,4 M € | +3.4% | 1,3 M € | +5.1% | 1,3 M € | -10.6% | 1,4 M € | -1.7% | 1,5 M € | -42.3% | 2,5 M € | -4.2% | 2,6 M € | -6.0% | 2,8 M € | -3.1% | 2,9 M € | -3.1% | 3 M € | +66.0% | 1,8 M € | +4.7% | 1,7 M € | -9.5% | 1,9 M € | -78.5% | 8,8 M € | +9.7% | 8 M € |
| Cash | 45,5 k € | -3.1% | 46,9 k € | +2675% | 1,7 k € | -66.6% | 5,1 k € | +88.6% | 2,7 k € | -99.0% | 272,5 k € | +2520% | 10,4 k € | -5.6% | 11 k € | -64.8% | 31,3 k € | +193% | 10,7 k € | -71.3% | 37,3 k € | -70.5% | 126,3 k € | +174% | 46 k € | -71.3% | 160,5 k € | -88.5% | 1,4 M € | +336% | 319,3 k € |
| Debts | – | – | 168,2 € | -93.3% | 2,5 k € | -98.7% | 192 k € | -29.2% | 271,4 k € | -73.5% | 1 M € | +16.0% | 882,4 k € | +4.4% | 845,1 k € | +8.8% | 777 k € | -2.1% | 793,7 k € | +218% | 249,4 k € | -23.8% | 327,4 k € | -50.8% | 665,2 k € | -82.8% | 3,9 M € | -3.1% | 4 M € | ||
| Other | |||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 97,7 ETP | +0.2% | 97,5 ETP | ||||||||||||||
Governance
Board of directors
Seen on filing of 31/08/2023 · 4 active · 39 ended
Active mandates
Ended mandates
Michael Crombie
EndedKate Elizabeth Rankin
EndedRichard Jenman
EndedChristopher Charles Hopkins
EndedFinancials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/09/2022 | 01/09/2021 | 01/04/2020 | 01/04/2019 | 01/04/2018 | 01/01/2017 |
| Closing of the financial year | 31/08/2023 | 31/08/2022 | 31/08/2021 | 31/03/2020 | 31/03/2019 | 31/03/2018 |
| Length of the financial year | 12 months | 12 months | 17 months | 12 months | 12 months | 15 months |
| Filing date | 06/02/2024 | 10/02/2023 | 10/02/2022 | 02/12/2020 | 25/10/2019 | 23/10/2018 |
| General meeting | 06/02/2024 | 07/02/2023 | 01/02/2022 | 01/09/2020 | 03/09/2019 | 04/09/2018 |
| 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
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Try for 7 daysFilings
Annual accounts filings
47 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/08/2023 | 06/02/2024 | 06/02/2024 | Dutch | |
| Abridged model | 31/08/2022 | 07/02/2023 | 10/02/2023 | Dutch | |
| Abridged model | 31/08/2021 | 01/02/2022 | 10/02/2022 | Dutch | |
| Abridged model | 31/03/2020 | 01/09/2020 | 02/12/2020 | Dutch | |
| Abridged model | 31/03/2019 | 03/09/2019 | 25/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 04/09/2018 | 23/10/2018 | Dutch | |
| Abridged model | 31/12/2016 | 23/05/2017 | 18/09/2017 | Dutch | |
| Full model | 31/12/2015 | 24/05/2016 | 29/06/2016 | Dutch | |
| Full model | 31/12/2014 | 26/05/2015 | 04/08/2015 | Dutch | |
| Full model | 31/12/2013 | 27/05/2014 | 30/06/2014 | Dutch | |
| Full model | 31/12/2012 | 28/05/2013 | 19/07/2013 | Dutch | |
| Full model | 31/12/2011 | 22/05/2012 | 11/07/2012 | Dutch | |
| Full model | 31/12/2010 | 24/05/2011 | 30/09/2011 | Dutch | |
| Full model | 31/12/2009 | 25/05/2010 | 20/09/2010 | Dutch | |
| Full model | 31/12/2008 | 26/05/2009 | 14/07/2009 | Dutch | |
| Full model | 31/12/2007 | 27/05/2008 | 25/06/2008 | Dutch | |
| Full model | 31/12/2006 | 22/05/2007 | 20/06/2007 | Dutch | |
| Full model | 31/12/2005 | 23/05/2006 | 22/06/2006 | Dutch | |
| Full model | 31/12/2004 | 24/05/2005 | 13/06/2005 | Dutch | |
| Full model | 31/12/2003 | 25/05/2004 | 05/10/2004 | Dutch | |
| Full modelCorrection | 31/12/2002 | 27/05/2003 | 25/02/2004 | Dutch | |
| Full model | 31/12/2002 | 27/05/2003 | 04/08/2003 | Dutch | |
| Full model | 31/12/2001 | 11/07/2002 | 22/10/2002 | Dutch | |
| Full model | 31/12/2000 | 22/05/2001 | 16/07/2001 | Dutch |
Valuation
Estimate
Indicative valuation
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 31/08/2023 · 4 active · 39 ended
Active mandates
Ended mandates
Michael Crombie
EndedKate Elizabeth Rankin
EndedRichard Jenman
EndedChristopher Charles Hopkins
EndedShareholders
Ownership and network
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Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 202346,1 k €↑
- 2022Annual accounts 202246,1 k €↓
- 2021Annual accounts 202168 k €↑
- 2020Annual accounts 202037,8 k €↓
- 2019Annual accounts 201954 k €↓
- 2018Annual accounts 20181,2 M €↑
- 2016Annual accounts 2016-253,7 k €↓
- 2015Annual accounts 2015-249,9 k €↓
- 2014Annual accounts 2014-88,7 k €↑
- 2013Annual accounts 2013-118,5 k €↑
- 2012Annual accounts 2012-804,6 k €↓
- 2011Annual accounts 2011159,5 k €↑
- 2010Annual accounts 2010157,7 k €↑
- 2009Annual accounts 2009152,6 k €↓
- 2007Annual accounts 2007950,2 k €↑
- 2006Annual accounts 200645,5 k €