NORMAL SITUATION

FLANDERS TECHNICAL SUPPLY

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Financial year 2025 · closed on 30/06/2025

Net result

-64,1 k €

-105.2% YoY

Gross margin

-95,6 k €

-105.0% YoY

Equity

9,5 M €

-0.7% YoY

Company — Normal situation.

Strike-off: 17 septembre 2026

What does FLANDERS TECHNICAL SUPPLY do?

FLANDERS TECHNICAL SUPPLY is a Public limited company incorporated in 1980.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.347.124

Incorporation

14/04/1980

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Joint committees (3)

Signals

Solid equityGood liquidityPositive cashflowHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-95,6 k €	-105%	1,9 M €	-74.2%	7,4 M €	+1122%	604,9 k €	+105%	295,5 k €	-35.8%	460,5 k €	-72.9%	1,7 M €	+12.5%	1,5 M €	-0.0%	1,5 M €	+279%	398,1 k €	-4.0%	414,8 k €	+261%	114,9 k €	-65.0%	328,1 k €	+100%	163,9 k €	-49.3%	322,9 k €	+84.5%	175 k €	+70.1%	102,9 k €	-36.4%	161,8 k €
EBITDA	-188,5 k €	-110%	1,8 M €	-74.4%	7,2 M €	+1407%	474,9 k €	+395%	95,8 k €	-22.6%	123,9 k €	-90.8%	1,4 M €	+14.5%	1,2 M €	-12.4%	1,3 M €	+586%	196,5 k €	-26.4%	267 k €	+1914%	-14,7 k €	-109%	158,7 k €	+51.1%	105 k €	-51.8%	217,7 k €	+77.8%	122,4 k €	+136%	51,9 k €	-53.2%	110,9 k €
Operating result	-280,2 k €	-116%	1,7 M €	-75.3%	7 M €	+1840%	360,9 k €	+2668%	13 k €	+266%	3,6 k €	-99.7%	1,2 M €	+9.9%	1,1 M €	-13.1%	1,3 M €	+897%	128,5 k €	-38.0%	207,2 k €	+383%	-73,1 k €	-174%	98,9 k €	+117%	45,6 k €	-54.9%	101,1 k €	+22.6%	82,5 k €	+5431%	1,5 k €	-96.1%	37,9 k €
Net result	-64,1 k €	-105%	1,2 M €	-74.1%	4,8 M €	+1233%	359 k €	+3723%	9,4 k €	+7.9%	8,7 k €	-98.9%	797,3 k €	+122%	359,9 k €	-71.0%	1,2 M €	+1861%	63,2 k €	+228%	19,2 k €	-96.5%	557,6 k €	+668%	72,6 k €	+4237%	1,7 k €	-98.0%	82,7 k €	+26.0%	65,7 k €	+740%	7,8 k €	-63.6%	21,5 k €
Balance sheet
Equity	9,5 M €	-0.7%	9,5 M €	+14.9%	8,3 M €	+137%	3,5 M €	+11.4%	3,1 M €	+0.3%	3,1 M €	+0.3%	3,1 M €	+15.8%	2,7 M €	+15.4%	2,3 M €	+117%	1,1 M €	+6.2%	1 M €	-2.1%	1 M €	+116%	480,2 k €	+17.8%	407,6 k €	+0.4%	405,9 k €	+25.6%	323,2 k €	+25.5%	257,5 k €	+3.1%	249,7 k €
Total assets	9,5 M €	-8.9%	10,4 M €	+15.7%	9 M €	+149%	3,6 M €	+2.1%	3,5 M €	+0.4%	3,5 M €	-20.0%	4,4 M €	+10.8%	4 M €	+1.0%	3,9 M €	+54.4%	2,5 M €	+19.8%	2,1 M €	+9.3%	1,9 M €	+38.5%	1,4 M €	+20.0%	1,2 M €	+59.3%	735,4 k €	+3.7%	709,1 k €	-29.0%	998,2 k €	+60.6%	621,5 k €
Cash	6,2 M €	+23.7%	5 M €	-12.4%	5,8 M €	+460%	1 M €	+44.8%	710,5 k €	+8.2%	656,8 k €	-59.4%	1,6 M €	-12.7%	1,9 M €	+88.6%	983,2 k €	-17.8%	1,2 M €	+111%	566,3 k €	-15.1%	667,1 k €	+119%	304,9 k €	+266%	83,3 k €	+163%	31,6 k €	+8.4%	29,2 k €	+612%	4,1 k €	-96.3%	111,4 k €
Debts	1,9 k €	-99.8%	887,9 k €	+21.8%	728,8 k €	+558%	110,7 k €	-72.1%	396,9 k €	+11.0%	357,7 k €	-69.8%	1,2 M €	-1.2%	1,2 M €	-22.1%	1,5 M €	+13.9%	1,4 M €	+32.1%	1 M €	+26.6%	808,3 k €	+4.6%	772,7 k €	+8.9%	709,6 k €	+200%	236,6 k €	+7.2%	220,7 k €	-70.0%	736,7 k €	+100%	367,8 k €
Other
Workforce	–		–		3,0 ETP	-31.8%	4,4 ETP	-31.3%	6,4 ETP	0.0%	6,4 ETP		–		6,7 ETP	+48.9%	4,5 ETP	+9.8%	4,1 ETP	+36.7%	3,0 ETP	+25.0%	2,4 ETP	+20.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

HERTAAN

Managing director · since 01 avril 2023 · 0848.280.935

Represented by Muys ANNEMIE

Active

IM COMPANY

Managing director · since 01 avril 2023 · 0793.915.801

Represented by Muys INGE

Active

Ended mandates

HERTAAN

Director · since 01 avril 2023 · 0848.280.935

Ended

Chris Muys

Director

Ended

Chris Muys

Managing director

Ended

Christiaan Muys

Managing director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	21 months	12 months	12 months	12 months
Filing date	24/11/2025	20/11/2024	31/01/2024	06/12/2021	08/12/2020	12/12/2019
General meeting	03/11/2025	04/11/2024	06/11/2023	06/12/2021	07/12/2020	02/12/2019
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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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	03/11/2025	24/11/2025	Dutch	PDF
Micro model	30/06/2024	04/11/2024	20/11/2024	Dutch	PDF
Abridged model	30/06/2023	06/11/2023	31/01/2024	Dutch	PDF
Abridged model	30/09/2021	06/12/2021	06/12/2021	Dutch	PDF
Abridged model	30/09/2020	07/12/2020	08/12/2020	Dutch	PDF
Abridged model	30/09/2019	02/12/2019	12/12/2019	Dutch	PDF
Abridged model	30/09/2018	03/12/2018	03/12/2018	Dutch	PDF
Abridged model	30/09/2017	04/12/2017	08/12/2017	Dutch	PDF
Abridged model	30/09/2016	05/12/2016	06/12/2016	Dutch	PDF
Abridged model	30/09/2015	07/12/2015	07/12/2015	Dutch	PDF
Abridged model	30/09/2014	01/12/2014	08/12/2014	Dutch	PDF
Abridged model	30/09/2013	02/12/2013	02/12/2013	Dutch	PDF
Abridged model	30/09/2012	03/12/2012	07/12/2012	Dutch	PDF
Abridged model	30/09/2011	05/12/2011	07/12/2011	Dutch	PDF
Abridged model	30/09/2010	06/12/2010	06/12/2010	Dutch	PDF
Abridged model	30/09/2009	07/12/2009	11/12/2009	Dutch	PDF
Abridged model	30/09/2008	01/12/2008	03/12/2008	Dutch	PDF
Abridged model	30/09/2007	03/12/2007	10/12/2007	Dutch	PDF

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.

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 30/06/2025 · 2 active · 4 ended

Active mandates

HERTAAN

Managing director · since 01 avril 2023 · 0848.280.935

Represented by Muys ANNEMIE

Active

IM COMPANY

Managing director · since 01 avril 2023 · 0793.915.801

Represented by Muys INGE

Active

Ended mandates

HERTAAN

Director · since 01 avril 2023 · 0848.280.935

Ended

Chris Muys

Director

Ended

Chris Muys

Managing director

Ended

Christiaan Muys

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring15/07/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring21/01/2026
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office04/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2022
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/07/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/04/2014
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

2025
Annual accounts 2025-64,1 k €↓
2024
Annual accounts 20241,2 M €↓
2024
Name changeFTS
2023
Annual accounts 20234,8 M €↑
2023
Name changeFLANDERS TECHNICAL SUPPLY
2021
Annual accounts 2021359 k €↑
2020
Annual accounts 20209,4 k €↑
2019
Annual accounts 20198,7 k €↓
2018
Annual accounts 2018797,3 k €↑
2017
Annual accounts 2017359,9 k €↓
2016
Annual accounts 20161,2 M €↑
2015
Annual accounts 201563,2 k €↑
2014
Annual accounts 201419,2 k €↓
2013
Annual accounts 2013557,6 k €↑
2012
Annual accounts 201272,6 k €↑
2011
Annual accounts 20111,7 k €↓
2010
Annual accounts 201082,7 k €↑
2009
Annual accounts 200965,7 k €↑
2008
Annual accounts 20087,8 k €↓
2007
Annual accounts 200721,5 k €
14/04/1980
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FLANDERS TECHNICAL SUPPLY

Overview

What does FLANDERS TECHNICAL SUPPLY do?

Trend over 18 financial years

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