ACTIVE

Falter

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Financial year 2025 · closed on 31/12/2025
Net result
28 k €
+21.5% YoY
Gross margin
98,5 k €
+4.5% YoY
Equity
237,2 k €
+13.4% YoY

What does Falter do?

Falter is a Private limited company incorporated in 1970. Its main activity is: Sale of other motor vehicles. Its registered office is in Sint-Niklaas.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0407.250.639
Incorporation
24/08/1970
Legal form
Private limited company
Registered office
Heidebaan 27
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
45194Sale of other motor vehicles· main46713Wholesale of solid, liquid and gaseous fuels and related products50104Sea and coastal passenger water transport
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin98,5 k €94,3 k €100,6 k €95,9 k €90,4 k €80,7 k €57,4 k €448,9 €-21,5 k €18,7 k €6,8 k €15,5 k €-15,7 k €26 k €12,5 k €17,8 k €-8,3 k €39,2 k €
EBITDA81,8 k €82,2 k €89,1 k €88,2 k €82,9 k €75,1 k €50 k €-5,1 k €-39,1 k €17,4 k €5,7 k €14,7 k €-16,5 k €26 k €12,5 k €17,8 k €-8,3 k €39,2 k €
Operating result42,2 k €45,7 k €50,2 k €52 k €46,4 k €39,1 k €16 k €-38,6 k €-47,6 k €6,4 k €-6,3 k €1,8 k €-29,5 k €16,9 k €3,8 k €9,6 k €-15,5 k €30,7 k €
Net result28 k €23,1 k €27,6 k €25 k €24,9 k €24,9 k €36,6 k €-25 k €-57,9 k €3,2 k €-9 k €22,7 k €-25,1 k €12 k €1,4 k €4 k €-17,5 k €22,1 k €
Balance sheet
Equity237,2 k €209,2 k €186,1 k €158,5 k €133,5 k €108,6 k €83,6 k €47,2 k €72,3 k €130,2 k €126,9 k €135,9 k €113,2 k €138,3 k €126,3 k €124,8 k €120,8 k €138,3 k €
Total assets860,6 k €938,1 k €974 k €908,1 k €838,7 k €897,9 k €902,4 k €871,8 k €846,3 k €337,8 k €353 k €335,1 k €329,9 k €249,6 k €362,7 k €326,9 k €337,4 k €345,1 k €
Cash62,8 k €102,4 k €54,3 k €55,1 k €45,9 k €48,3 k €10,4 k €18,3 k €16,1 k €21,1 k €32,2 k €64,2 k €25,4 k €11 k €5,6 k €27,6 k €7,7 k €18,8 k €
Debts618,7 k €728,9 k €787,9 k €749,2 k €705,2 k €789,3 k €818,8 k €824,6 k €774,1 k €207,7 k €226,1 k €199,2 k €216,7 k €111,3 k €231,6 k €202 k €216,6 k €206,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Godelieve Elza Van Gelder

Director

Active
Luc Frans Butzen

Director

Active

Ended mandates

Godelieve VAN GELDER

Director

Ended
Luc BUTZEN

Director

Ended
Luc BUTZEN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date08/06/202627/05/202521/06/202413/06/202314/06/202228/05/2021
General meeting12/05/202613/05/202514/05/202406/06/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/05/202608/06/2026DutchPDF
Micro model31/12/202413/05/202527/05/2025DutchPDF
Micro model31/12/202314/05/202421/06/2024DutchPDF
Micro model31/12/202206/06/202313/06/2023DutchPDF
Micro model31/12/202110/05/202214/06/2022DutchPDF
Micro model31/12/202011/05/202128/05/2021DutchPDF
Micro model31/12/201912/05/202029/05/2020DutchPDF
Micro model31/12/201814/05/201925/06/2019DutchPDF
Micro model31/12/201705/06/201826/06/2018DutchPDF
Micro model31/12/201609/05/201730/05/2017DutchPDF
Abridged model31/12/201515/06/201621/06/2016DutchPDF
Abridged model31/12/201409/06/201503/07/2015DutchPDF
Abridged model31/12/201310/06/201419/06/2014DutchPDF
Abridged model31/12/201211/06/201317/07/2013DutchPDF
Abridged model31/12/201105/06/201203/07/2012DutchPDF
Abridged model31/12/201014/06/201122/06/2011DutchPDF
Abridged model31/12/200908/06/201030/06/2010DutchPDF
Abridged model31/12/200817/06/200907/07/2009DutchPDF
Abridged model31/12/200702/04/200803/04/2008DutchPDF
Abridged model31/12/200627/04/200722/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Godelieve Elza Van Gelder

Director

Active
Luc Frans Butzen

Director

Active

Ended mandates

Godelieve VAN GELDER

Director

Ended
Luc BUTZEN

Director

Ended
Luc BUTZEN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/02/2018
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares02/03/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

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 202528 k €↑
  2. 2024
    Annual accounts 202423,1 k €↓
  3. 2023
    Annual accounts 202327,6 k €↑
  4. 2022
    Annual accounts 202225 k €↑
  5. 2021
    Annual accounts 202124,9 k €↓
  6. 2020
    Annual accounts 202024,9 k €↓
  7. 2019
    Annual accounts 201936,6 k €↑
  8. 2018
    Annual accounts 2018-25 k €↑
  9. 2017
    Annual accounts 2017-57,9 k €↓
  10. 2016
    Annual accounts 20163,2 k €↑
  11. 2015
    Annual accounts 2015-9 k €↓
  12. 2014
    Annual accounts 201422,7 k €↑
  13. 2013
    Annual accounts 2013-25,1 k €↓
  14. 2012
    Annual accounts 201212 k €↑
  15. 2011
    Annual accounts 20111,4 k €↓
  16. 2010
    Annual accounts 20104 k €↑
  17. 2009
    Annual accounts 2009-17,5 k €↓
  18. 2008
    Annual accounts 200822,1 k €
  19. 24/08/1970
    IncorporationPrivate limited company