ACTIVE

Flandrien

Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+206.8% YoY
Revenue
29,7 M €
+27.8% YoY
Equity
4,3 M €
+23.4% YoY
Workforce
18,0 ETP
+16.9% YoY

What does Flandrien do?

Flandrien is a Public limited company incorporated in 1982. Its main activity is: Wholesale of dairy products, eggs and edible oils and fats. Its registered office is in Wervik. It employs on average 18,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.713.429
Incorporation
21/04/1982
Legal form
Public limited company
Registered office
Robert Klingstraat 35
8940 Wervik · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
31/12/2025
Average workforce
18,0 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212006
Income statement
Revenue29,7 M €23,2 M €19,5 M €15,3 M €13,3 M €6,2 M €
EBITDA2,2 M €1,1 M €1 M €543 k €1,3 M €-69,1 k €
Operating result1,7 M €700,5 k €683,5 k €160,9 k €965,2 k €-173,5 k €
Net result1,3 M €410,8 k €397,8 k €20,4 k €663,9 k €-164,5 k €
Balance sheet
Equity4,3 M €3,4 M €3 M €2,6 M €2,6 M €1,9 M €
Total assets13,7 M €12,2 M €9,5 M €9,3 M €8,4 M €2,4 M €
Cash166,3 k €356,6 k €912,3 k €466 k €444,5 k €215,6 k €
Debts9,5 M €8,7 M €6,4 M €6,5 M €5,8 M €492,9 k €
Other
Workforce18,0 ETP15,4 ETP16,1 ETP15,0 ETP14,3 ETP24,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Helga Deloof

Managing director · since 14 juin 2023 · until 02 mai 2028

Active
JAN DESMET

Managing director · since 14 juin 2023 · until 02 mai 2028 · 0864.363.733

Represented by Jan DESMET

Active

Ended mandates

Helga Deloof

Director · since 14 juin 2023 · until 02 mai 2028

Ended
JAN DESMET

Director · since 14 juin 2023 · until 02 mai 2028 · 0864.363.733

Represented by Jan DESMET

Ended
JAN DESMET

Managing director · since 07 mai 2019 · until 02 mai 2023 · 0864.363.733

Represented by Jan Desmet

Ended
JAN DESMET

Managing director · since 07 mai 2019 · until 08 juin 2023 · 0864.363.733

Represented by Jan Desmet

Ended
At this address

Other companies at this address

CompanyCBE no.
DE KAZERIJActive
0841.376.218
0842.059.671
JAN DESMETActive
0864.363.733
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged 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 date31/07/202604/07/202525/06/202427/06/202326/07/202228/07/2021
General meeting30/06/202630/06/202507/06/202408/06/202330/06/202210/06/2021
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
Full model31/12/202530/06/202631/07/2026DutchPDF
Full model31/12/202430/06/202504/07/2025DutchPDF
Full model31/12/202307/06/202425/06/2024DutchPDF
Full model31/12/202208/06/202327/06/2023DutchPDF
Full model31/12/202130/06/202226/07/2022DutchPDF
Abridged model31/12/202010/06/202128/07/2021DutchPDF
Abridged model31/12/201905/05/202003/06/2020DutchPDF
Abridged model31/12/201807/05/201909/07/2019DutchPDF
Abridged model31/12/201702/05/201802/05/2018DutchPDF
Abridged model31/12/201602/05/201722/08/2017DutchPDF
Abridged model31/12/201503/05/201618/08/2016DutchPDF
Abridged model31/12/201405/05/201511/05/2015DutchPDF
Abridged model31/12/201306/05/201426/05/2014DutchPDF
Abridged model31/12/201205/06/201311/06/2013DutchPDF
Abridged model31/12/201108/06/201222/06/2012DutchPDF
Abridged model31/12/201003/05/201109/05/2011DutchPDF
Abridged model31/12/200904/05/201011/05/2010DutchPDF
Abridged model31/12/200805/05/200911/05/2009DutchPDF
Abridged model31/12/200710/06/200831/07/2008DutchPDF
Full model31/12/200624/07/200717/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Helga Deloof

Managing director · since 14 juin 2023 · until 02 mai 2028

Active
JAN DESMET

Managing director · since 14 juin 2023 · until 02 mai 2028 · 0864.363.733

Represented by Jan DESMET

Active

Ended mandates

Helga Deloof

Director · since 14 juin 2023 · until 02 mai 2028

Ended
JAN DESMET

Director · since 14 juin 2023 · until 02 mai 2028 · 0864.363.733

Represented by Jan DESMET

Ended
JAN DESMET

Managing director · since 07 mai 2019 · until 02 mai 2023 · 0864.363.733

Represented by Jan Desmet

Ended
JAN DESMET

Managing director · since 07 mai 2019 · until 08 juin 2023 · 0864.363.733

Represented by Jan Desmet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office19/11/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2012
    ONTSLAGEN - BENOEMINGEN
    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 20251,3 M €
  2. 2024
    Annual accounts 2024410,8 k €
  3. 2023
    Annual accounts 2023397,8 k €
  4. 2022
    Annual accounts 202220,4 k €
  5. 2021
    Annual accounts 2021663,9 k €
  6. 2018
    Name changeFlandrien
  7. 2006
    Annual accounts 2006-164,5 k €
  8. 2006
    Name changeID FRESH
  9. 21/04/1982
    IncorporationPublic limited company