ACTIVE

Fleur Service social asbl

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Financial year 2025 · Closed on 31/12/2025

Net result26,7 k €-61,8 %over 1 year

Gross margin956,1 k €+1,0 %over 1 year

Equity551,6 k €+2,5 %over 1 year

Workforce19,8 ETP+0,5 %over 1 year

Identity

Source · BCE/KBO

Fleur Service social asbl is a Non-profit organization incorporated in 1980. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Liège. It employs on average 19,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.270.514
Incorporation: 31/01/1980
Legal form: Non-profit organization
Registered office: Rue Defrêcheux 36
4000 Liège · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 19,8 ETP

Activities (NACE)

38210Treatment and disposal of non-hazardous waste· main 38321Recovery of sorted materials 85323Technical and vocational secondary education 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Joint committees (4)

14204
332
337
337-14204

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	956,1 k €	+1.0%	946,7 k €	+28.8%	735 k €	+49.5%	491,8 k €	+35.6%	362,7 k €
EBITDA	97,7 k €	-30.7%	141 k €	+7.0%	131,8 k €	+62.6%	81 k €	+340%	18,4 k €
Operating result	23,1 k €	-64.6%	65,4 k €	-12.6%	74,8 k €	+89.8%	39,4 k €	+272%	-22,9 k €
Net result	26,7 k €	-61.8%	69,8 k €	-7.7%	75,6 k €	+93.9%	39 k €	+404%	-12,8 k €
Balance sheet
Equity	551,6 k €	+2.5%	538,2 k €	+21.8%	441,8 k €	+24.1%	355,9 k €	+62.0%	219,6 k €
Total assets	1,2 M €	+42.0%	859,7 k €	+2.4%	839,7 k €	+43.1%	586,9 k €	+50.3%	390,6 k €
Cash	319,1 k €	+155%	124,9 k €	-17.0%	150,5 k €	+111%	71,2 k €	+110%	33,9 k €
Debts	662,6 k €	+110%	316,2 k €	-15.1%	372,3 k €	+68.0%	221,6 k €	+35.1%	164,1 k €
Other
Workforce	19,8 ETP	+0.5%	19,7 ETP	+28.8%	15,3 ETP	+9.3%	14,0 ETP	+7.7%	13,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 26 ended

Active mandates

Cinzia CARTA

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Flore VANDEN EYNDEN

Director · since 07 septembre 2020 · until 26 juin 2026

Active

François MALAISE

Chairman of the board of directors · since 07 septembre 2020 · until 26 juin 2026

Active

Jérôme Vanmeerbeek

Managing director · since 07 septembre 2020 · until 26 juin 2026

Active

Lola Arpigny

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Serge Poaka Fotso

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Ended mandates

Catherine Albert

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

Cinzia CARTA

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

Flore Vanden Eynden

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

François MALAISE

Chairman of the board of directors · since 07 septembre 2020 · until 30 juin 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2026	26/08/2025	23/07/2024	17/07/2023	05/07/2022	15/06/2021
General meeting	30/06/2026	27/06/2025	20/06/2024	22/06/2023	14/06/2022	24/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/08/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	23/07/2024	French	PDF
Abridged model	31/12/2022	22/06/2023	17/07/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	05/07/2022	French	PDF
Abridged model	31/12/2020	24/05/2021	15/06/2021	French	PDF
Abridged model	31/12/2019	23/06/2020	07/07/2020	French	PDF
Abridged model	31/12/2018	24/05/2019	11/06/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	29/05/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	27/06/2016	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

6 active · 26 ended

Active mandates

Cinzia CARTA

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Flore VANDEN EYNDEN

Director · since 07 septembre 2020 · until 26 juin 2026

Active

François MALAISE

Chairman of the board of directors · since 07 septembre 2020 · until 26 juin 2026

Active

Jérôme Vanmeerbeek

Managing director · since 07 septembre 2020 · until 26 juin 2026

Active

Lola Arpigny

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Serge Poaka Fotso

Director · since 07 septembre 2020 · until 26 juin 2026

Active

Ended mandates

Catherine Albert

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

Cinzia CARTA

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

Flore Vanden Eynden

Director · since 07 septembre 2020 · until 30 juin 2026

Ended

François MALAISE

Chairman of the board of directors · since 07 septembre 2020 · until 30 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other23/09/2026
—
PDF
Mandates22/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/12/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/07/2021
DEMISSIONS, NOMINATIONS
PDF
Other09/03/2021
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2020
DEMISSIONS, NOMINATIONS
PDF

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

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Timeline

2025
Annual accounts 202526,7 k €↓
2024
Annual accounts 202469,8 k €↓
2023
Annual accounts 202375,6 k €↑
2022
Annual accounts 202239 k €↑
2021
Annual accounts 2021-12,8 k €↓
2020
Annual accounts 20206,8 k €↑
2019
Annual accounts 20193,9 k €↓
2018
Annual accounts 201820,6 k €↑
2017
Annual accounts 2017-1,1 k €↓
2016
Annual accounts 201619,3 k €↑
2015
Annual accounts 2015-44,6 k €
31/01/1980
IncorporationNon-profit organization

Fleur Service social asbl

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline