ACTIVE

FLANDERS BRUSH MAKERS

Financial year 2025 · closed on 31/12/2025
Net result
41,4 k €
-52.8% YoY
Gross margin
916,2 k €
-10.1% YoY
Equity
926,4 k €
+4.7% YoY
Workforce
7,9 ETP
-10.2% YoY

What does FLANDERS BRUSH MAKERS do?

FLANDERS BRUSH MAKERS is a Private limited company incorporated in 1983. Its main activity is: Manufacture of brooms and brushes. Its registered office is in Izegem. It employs on average 7,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.493.882
Incorporation
20/01/1983
Legal form
Private limited company
Registered office
Ambachtenstraat 44
8870 Izegem · FlandreSee on map
Contributed capital
14 624,17 €
Latest accounts
31/12/2025
Average workforce
7,9 ETP
Joint committees (3)
  • 126
  • 1260
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin916,2 k €1 M €1 M €747 k €769 k €402,7 k €216,1 k €232,8 k €250,9 k €160,8 k €131,7 k €132,3 k €143,2 k €
EBITDA357,5 k €467,3 k €515,5 k €217,1 k €343,1 k €288,9 k €115,7 k €150,3 k €178 k €91,2 k €68,8 k €69,1 k €84,3 k €
Operating result114,9 k €200,3 k €248,4 k €29 k €123,6 k €151,2 k €46,2 k €96,7 k €90,1 k €49,6 k €23,7 k €29,4 k €33,8 k €
Net result41,4 k €87,6 k €170,7 k €6,6 k €92,5 k €97,6 k €28,6 k €62,9 k €60,9 k €36,2 k €15,2 k €20,3 k €24 k €
Balance sheet
Equity926,4 k €885,1 k €877,5 k €806,7 k €1 M €691,5 k €594 k €565,4 k €502,5 k €441,6 k €405,4 k €390,2 k €369,9 k €
Total assets2,5 M €2,9 M €3,1 M €2 M €2,2 M €1,2 M €869,2 k €888,5 k €760,7 k €607,5 k €594,6 k €614,9 k €604,2 k €
Cash70,6 k €118,3 k €94 k €235,4 k €235,7 k €142,8 k €90 k €278,5 k €203 k €113,7 k €78,1 k €72,5 k €76 k €
Debts1,5 M €2 M €2,2 M €1,2 M €1,2 M €538,8 k €272,1 k €313,2 k €249,2 k €162,6 k €186,1 k €221,5 k €230,3 k €
Other
Workforce7,9 ETP8,8 ETP9,5 ETP11,4 ETP9,1 ETP3,3 ETP2,6 ETP2,3 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain Deceuninck

Active
BHOBO GROUP

Director · since 16 février 2017 · 0553.605.130

Represented by Hochepied Christophe

Active

Ended mandates

PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain DECEUNINCK

Ended
PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Deceuninck ALAIN

Ended
PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain DECEUNINCK

Ended
BHOBO GROUP

Director · since 16 février 2017 · 0553.605.130

Represented by Christophe HOCHEPIED

Ended
At this address

Other companies at this address

CompanyCBE no.
Groep BhoboActive
0767.753.416
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date19/03/202629/05/202530/05/202412/06/202330/05/202222/04/2021
General meeting17/03/202628/05/202529/05/202431/05/202325/05/202221/04/2021
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
Abridged model31/12/202517/03/202619/03/2026DutchPDF
Abridged model31/12/202428/05/202529/05/2025DutchPDF
Abridged model31/12/202329/05/202430/05/2024DutchPDF
Abridged model31/12/202231/05/202312/06/2023DutchPDF
Abridged model31/12/202125/05/202230/05/2022DutchPDF
Abridged model31/12/202021/04/202122/04/2021DutchPDF
Abridged model31/12/201907/05/202026/05/2020DutchPDF
Abridged model31/12/201829/05/201926/06/2019DutchPDF
Abridged model31/12/201730/05/201805/06/2018DutchPDF
Abridged model31/12/201615/02/201713/03/2017DutchPDF
Abridged model31/12/201517/05/201601/06/2016DutchPDF
Abridged model31/12/201428/07/201510/08/2015DutchPDF
Abridged model31/12/201328/05/201429/08/2014DutchPDF
Abridged model31/12/201229/05/201316/08/2013DutchPDF
Abridged model31/12/201130/05/201206/07/2012DutchPDF
Abridged model31/12/201025/05/201120/07/2011DutchPDF
Abridged model31/12/200926/05/201029/06/2010DutchPDF
Abridged model31/12/200827/05/200914/08/2009DutchPDF
Abridged model31/12/200728/05/200821/08/2008DutchPDF
Abridged model31/12/200630/05/200719/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain Deceuninck

Active
BHOBO GROUP

Director · since 16 février 2017 · 0553.605.130

Represented by Hochepied Christophe

Active

Ended mandates

PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain DECEUNINCK

Ended
PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Deceuninck ALAIN

Ended
PATAOR

Director · since 23 décembre 2022 · 0476.199.328

Represented by Alain DECEUNINCK

Ended
BHOBO GROUP

Director · since 16 février 2017 · 0553.605.130

Represented by Christophe HOCHEPIED

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/12/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/12/2022
    BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring11/10/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/12/2011
    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 202541,4 k €
  2. 2024
    Annual accounts 202487,6 k €
  3. 2023
    Annual accounts 2023170,7 k €
  4. 2022
    Annual accounts 20226,6 k €
  5. 2022
    Name changeFlanders Brush Makers
  6. 2021
    Annual accounts 202192,5 k €
  7. 2021
    Name changeBhobo
  8. 2013
    Annual accounts 201397,6 k €
  9. 2012
    Annual accounts 201228,6 k €
  10. 2011
    Annual accounts 201162,9 k €
  11. 2010
    Annual accounts 201060,9 k €
  12. 2009
    Annual accounts 200936,2 k €
  13. 2008
    Annual accounts 200815,2 k €
  14. 2007
    Annual accounts 200720,3 k €
  15. 2006
    Annual accounts 200624 k €
  16. 20/01/1983
    IncorporationPrivate limited company