ACTIVE

FSI

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Financial year 2025 · closed on 31/03/2025

Net result

-307,7 k €

-105.6% YoY

Gross margin

281,8 k €

Equity

1,6 M €

-16.2% YoY

Workforce

4,7 ETP

+80.8% YoY

What does FSI do?

FSI is a Private company with limited liability incorporated in 1983. Its main activity is: Wholesale of chemical products. Its registered office is in Evergem. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.697.978

Incorporation

17/02/1983

Legal form

Private company with limited liability

Registered office

Noorwegenstraat 51
9940 Evergem · FlandreSee on map

Contributed capital

18 642,00 €

Latest accounts

31/03/2025

Average workforce

4,7 ETP

Activities (NACE)

46751Wholesale of chemical products· main 46851Wholesale trade, except of motor vehicles and motorcycles 47251Retail sale of beverages in specialised stores 47251Retail sale of beverages in specialised stores 11020Manufacture of wine from grape 11020Manufacture of wine from grape

Joint committees (4)

Signals

Good liquidityPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	281,8 k €		–		1,1 M €	+27.4%	884,7 k €	-45.3%	1,6 M €	+209%	523,5 k €	+23.2%	425 k €	-0.2%	425,9 k €	+49.5%	284,9 k €	+23.6%	230,5 k €	-17.8%	280,3 k €	+44.1%	194,6 k €	+2.2%	190,4 k €	-6.4%	203,4 k €	-18.2%	248,5 k €	+103%	122,6 k €	-62.9%	329,9 k €	+54.4%	213,7 k €	-7.5%	231,1 k €
EBITDA	173,8 k €	-44.2%	311,5 k €	-68.8%	998,2 k €	+28.0%	780,2 k €	-41.8%	1,3 M €	+193%	457,3 k €	+15.7%	395,3 k €	+14.2%	346,2 k €	+44.8%	239 k €	+15.9%	206,2 k €	+0.0%	206,1 k €	+24.2%	165,9 k €	+12.5%	147,4 k €	-14.8%	173,1 k €	-16.8%	208,1 k €	+181%	74,2 k €	-73.1%	275,9 k €	+63.7%	168,5 k €	-18.9%	207,7 k €
Operating result	46,1 k €	-75.6%	188,8 k €	-78.6%	881,3 k €	+37.4%	641,6 k €	-32.2%	945,9 k €	+201%	314,3 k €	+31.9%	238,3 k €	+13.5%	210 k €	+84.6%	113,8 k €	+6.6%	106,7 k €	-9.7%	118,1 k €	+29.0%	91,6 k €	+23.8%	74 k €	+22.0%	60,6 k €	-23.9%	79,6 k €	+169%	29,6 k €	-86.8%	225,3 k €	+131%	97,4 k €	+9.3%	89,1 k €
Net result	-307,7 k €	-106%	-149,7 k €	-130%	504,1 k €	+54.7%	325,9 k €	-15.8%	387,2 k €	+172%	142,4 k €	+105%	69,5 k €	-1.3%	70,4 k €	+600%	10,1 k €	+128%	4,4 k €	-85.7%	30,9 k €	+938%	-3,7 k €	-298%	1,9 k €	-94.7%	35,3 k €	-0.9%	35,6 k €	+199%	11,9 k €	-87.1%	92,4 k €	+64.1%	56,3 k €	+152%	22,3 k €
Balance sheet
Equity	1,6 M €	-16.2%	1,9 M €	-8.0%	2,1 M €	+32.3%	1,6 M €	+26.3%	1,2 M €	+89.6%	651,4 k €	+27.8%	509,8 k €	+15.6%	441,1 k €	+19.0%	370,7 k €	+2.8%	360,6 k €	+1.2%	356,2 k €	+9.5%	325,4 k €	+3.4%	314,5 k €	-37.7%	504,7 k €	+7.5%	469,3 k €	+8.2%	433,7 k €	+2.8%	421,8 k €	+19.0%	354,3 k €	+18.9%	298 k €
Total assets	9,1 M €	-12.6%	10,5 M €	+7.0%	9,8 M €	+30.5%	7,5 M €	+29.2%	5,8 M €	+12.5%	5,1 M €	+17.7%	4,4 M €	+10.5%	4 M €	+39.3%	2,8 M €	+6.9%	2,7 M €	-0.1%	2,7 M €	-6.8%	2,9 M €	+18.8%	2,4 M €	-2.0%	2,5 M €	+51.5%	1,6 M €	+54.3%	1 M €	-8.2%	1,1 M €	-30.7%	1,7 M €	+23.4%	1,3 M €
Cash	84,6 k €	+1.5%	83,3 k €	-58.3%	199,7 k €	-89.1%	1,8 M €	+101%	913,6 k €	+43.4%	637,2 k €	+403%	126,7 k €	+30.9%	96,8 k €	-30.0%	138,2 k €	+41.1%	97,9 k €	+9.3%	89,6 k €	-52.1%	187,1 k €	+23.0%	152,1 k €	+8.7%	139,9 k €	+29.4%	108,1 k €	+141%	44,8 k €	-51.8%	93 k €	+196%	31,5 k €	-18.3%	38,5 k €
Debts	7,5 M €	-10.7%	8,4 M €	+10.7%	7,6 M €	+33.3%	5,7 M €	+31.4%	4,3 M €	-3.7%	4,5 M €	+16.6%	3,9 M €	+9.7%	3,5 M €	+42.3%	2,5 M €	+7.5%	2,3 M €	-0.3%	2,3 M €	-8.9%	2,5 M €	+21.9%	2,1 M €	+7.3%	1,9 M €	+70.3%	1,1 M €	+88.9%	601,4 k €	-15.0%	707,5 k €	-44.8%	1,3 M €	+23.8%	1 M €
Other
Workforce	4,7 ETP	+80.8%	2,6 ETP	-56.7%	6,0 ETP	+57.9%	3,8 ETP	+2.7%	3,7 ETP	+118%	1,7 ETP		–		–		–		–		–		0,5 ETP		–		0,9 ETP	-30.8%	1,3 ETP	0.0%	1,3 ETP	+30.0%	1,0 ETP	-23.1%	1,3 ETP	+62.5%	0,8 ETP

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 31/03/2025 · 1 active · 5 ended

Active mandates

Tim Van De Woestyne

Director · since 31 mars 2003

Active

Ended mandates

Tim Van De Woestijne

bestuurder · since 31 mars 2003

Ended

JO VAN DE WOESTIJNE

Manager · until 12 mai 2017

Ended

JO VAN DE WOESTIJNE

Manager

Ended

TIM VAN DE WOESTIJNE

Director

Ended

At this address

Other companies at this address

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BILT ENGINEERING● Active	1011.737.714
THIBAULT VAN RENNE● Active	0806.530.749
WALL CONNECT● Active	0790.830.211

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/11/2025	08/01/2025	31/10/2023	02/11/2022	12/11/2021	11/09/2020
General meeting	29/10/2025	20/12/2024	24/10/2023	31/10/2022	06/09/2021	07/09/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	29/10/2025	26/11/2025	Dutch	PDF
Full model	31/03/2024	20/12/2024	08/01/2025	Dutch	PDF
Abridged model	31/03/2023	24/10/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	31/10/2022	02/11/2022	Dutch	PDF
Abridged model	31/03/2021	06/09/2021	12/11/2021	Dutch	PDF
Abridged model	31/03/2020	07/09/2020	11/09/2020	Dutch	PDF
Abridged model	31/03/2019	02/09/2019	18/09/2019	Dutch	PDF
Abridged model	31/03/2018	03/09/2018	30/10/2018	Dutch	PDF
Abridged modelCorrection	31/03/2017	04/09/2017	09/10/2017	Dutch	PDF
Abridged model	31/03/2017	04/09/2017	03/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	03/10/2016	Dutch	PDF
Abridged model	31/03/2015	07/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	30/10/2014	Dutch	PDF
Abridged model	31/03/2013	28/11/2013	29/11/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	23/11/2012	Dutch	PDF
Abridged model	31/03/2011	05/09/2011	24/10/2011	Dutch	PDF
Abridged model	31/03/2010	06/09/2010	12/10/2010	Dutch	PDF
Abridged model	31/03/2009	07/09/2009	29/10/2009	Dutch	PDF
Abridged model	31/03/2008	01/09/2008	30/09/2008	Dutch	PDF
Abridged model	31/03/2007	28/11/2007	29/11/2007	Dutch	PDF

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 31/03/2025 · 1 active · 5 ended

Active mandates

Tim Van De Woestyne

Director · since 31 mars 2003

Active

Ended mandates

Tim Van De Woestijne

bestuurder · since 31 mars 2003

Ended

JO VAN DE WOESTIJNE

Manager · until 12 mai 2017

Ended

JO VAN DE WOESTIJNE

Manager

Ended

TIM VAN DE WOESTIJNE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2017
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office25/01/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office15/12/2006
wijziging maatschappelijke zetel
PDF
Registered office14/01/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR - MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/05/2003
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2003
ONTSLAGEN - BENOEMINGEN - BENAMING - 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

2025
Annual accounts 2025-307,7 k €↓
2024
Annual accounts 2024-149,7 k €↓
2023
Annual accounts 2023504,1 k €↑
2022
Annual accounts 2022325,9 k €↓
2021
Annual accounts 2021387,2 k €↑
2020
Annual accounts 2020142,4 k €↑
2019
Annual accounts 201969,5 k €↓
2018
Annual accounts 201870,4 k €↑
2017
Annual accounts 201710,1 k €↑
2016
Annual accounts 20164,4 k €↓
2015
Annual accounts 201530,9 k €↑
2014
Annual accounts 2014-3,7 k €↓
2013
Annual accounts 20131,9 k €↓
2012
Annual accounts 201235,3 k €↓
2011
Annual accounts 201135,6 k €↑
2010
Annual accounts 201011,9 k €↓
2009
Annual accounts 200992,4 k €↑
2008
Annual accounts 200856,3 k €↑
2007
Annual accounts 200722,3 k €
17/02/1983
IncorporationPrivate company with limited liability

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

FSI

Overview

What does FSI do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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

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