ACTIVE

FLANDERS INVESTMENT COMPANY

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Financial year 2024 · closed on 31/12/2024

Net result

-257,9 k €

-107.3% YoY

Gross margin

216 k €

+106.1% YoY

Equity

4,4 M €

+807.9% YoY

What does FLANDERS INVESTMENT COMPANY do?

FLANDERS INVESTMENT COMPANY is a Public limited company incorporated in 1986. Its main activity is: Activities of holding companies. Its registered office is in Evergem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.623.303

Incorporation

06/03/1986

Legal form

Public limited company

Registered office

Durmakker 6 box G
9940 Evergem · FlandreSee on map

Contributed capital

2 600 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70111Activities of head offices 41101Development of building projects 68121Buying and selling of own real estate 68201Rental and operating of own or leased real estate+3

Signals

Solid equity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	216 k €	+106%	104,8 k €	+10.2%	95,1 k €	-7.4%	102,7 k €	+21.4%	84,6 k €	+64.6%	51,4 k €	+293%	-26,6 k €	-106%	451,7 k €	+151%	179,8 k €	+83.8%	97,8 k €	-75.2%	394,8 k €	+195%	133,8 k €	-71.4%	468,2 k €	+113%	220,1 k €	+0.2%	219,6 k €	+11.4%	197,1 k €	-17.3%	238,4 k €
EBITDA	-92,4 k €	-196%	96,6 k €	+105%	-2 M €	-1522%	-121,9 k €	-263%	74,8 k €	+63.6%	45,7 k €	+125%	-184,9 k €	-142%	442,4 k €	+178%	159,1 k €	+212%	51 k €	-86.4%	375 k €	+305%	92,5 k €	-79.2%	445,5 k €	+136%	188,7 k €	+10.5%	170,9 k €	+2.4%	166,8 k €	-26.3%	226,3 k €
Operating result	-143,1 k €	-415%	45,4 k €	+102%	-2 M €	-1063%	-174,5 k €	-916%	21,4 k €	+196%	-22,2 k €	+91.2%	-251,8 k €	-167%	373,7 k €	+381%	77,6 k €	+361%	-29,7 k €	-110%	295,3 k €	+522%	-69,9 k €	-125%	277,6 k €	+1808%	14,6 k €	+490%	-3,7 k €	-190%	4,1 k €	-94.1%	70,1 k €
Net result	-257,9 k €	-107%	-124,4 k €	+94.1%	-2,1 M €	-780%	-241,5 k €	-391%	-49,2 k €	+0.3%	-49,3 k €	+83.9%	-306,3 k €	-186%	358 k €	+837%	38,2 k €	+147%	-80,8 k €	-185%	95,1 k €	+253%	-62 k €	-167%	92,1 k €	+176%	-121,3 k €	+29.7%	-172,7 k €	-54.9%	-111,5 k €	-1185%	-8,7 k €
Balance sheet
Equity	4,4 M €	+808%	-619,9 k €	-25.1%	-495,5 k €	-130%	1,6 M €	-12.9%	1,9 M €	-6.8%	2 M €	-2.4%	2,1 M €	-13.0%	2,4 M €	+4.8%	2,3 M €	+1.7%	2,2 M €	-3.5%	2,3 M €	+217%	725,5 k €	-7.9%	787,5 k €	+1077%	-80,6 k €	-298%	40,7 k €	+147%	-86,6 k €	-447%	24,9 k €
Total assets	10,5 M €	+103%	5,1 M €	-1.6%	5,2 M €	+45.9%	3,6 M €	+0.0%	3,6 M €	-2.8%	3,7 M €	-5.2%	3,9 M €	-6.3%	4,1 M €	-0.0%	4,1 M €	-1.0%	4,2 M €	-4.5%	4,4 M €	-19.7%	5,5 M €	-2.4%	5,6 M €	+9.5%	5,1 M €	+61.7%	3,2 M €	+19.6%	2,6 M €	-3.4%	2,7 M €
Cash	1,2 k €	+73.8%	711,9 €	+603%	101,3 €	-67.1%	308,1 €	+23.5%	249,6 €	+1423%	16,4 €	-99.6%	4,3 k €	-2.5%	4,4 k €	+3228%	131,5 €	-91.5%	1,5 k €	+170%	570,3 €	-24.0%	750,8 €	+2362%	30,5 €		–		1,2 k €	-86.3%	8,6 k €	-97.8%	398,1 k €
Debts	5,5 M €	+3.8%	5,3 M €	-2.3%	5,4 M €	+217%	1,7 M €	+12.0%	1,5 M €	-6.8%	1,6 M €	-9.7%	1,8 M €	+0.9%	1,8 M €	-5.8%	1,9 M €	-4.0%	2 M €	-5.5%	2,1 M €	-54.4%	4,6 M €	-1.6%	4,7 M €	-10.3%	5,2 M €	+66.3%	3,1 M €	+14.5%	2,7 M €	+0.6%	2,7 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Maud Dardenne

Director · since 19 août 2022 · until 19 août 2028

Active

Pascale De Greve

Managing director · since 19 août 2022 · until 19 août 2028

Active

Virginie Dardenne

Director · since 19 août 2022 · until 19 août 2028

Active

Ended mandates

Bernard Dardenne

Managing director · since 15 juin 2016 · until 15 juin 2021

Ended

Bernard Dardenne

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Bernard Dardenne

Managing director · since 15 juin 2016 · until 16 juin 2022

Ended

Pascale De Greve

Director · since 15 juin 2016 · until 16 juin 2022

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/09/2026	18/12/2024	01/09/2023	27/03/2023	15/03/2022	14/03/2022
General meeting	18/06/2025	19/06/2024	21/06/2023	02/09/2022	16/06/2021	17/06/2020
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro modelCorrection	31/12/2024	18/06/2025	07/09/2026	French	PDF
Micro model	31/12/2024	18/06/2025	17/09/2025	French	PDF
Micro model	31/12/2023	19/06/2024	18/12/2024	Dutch	PDF
Micro model	31/12/2022	21/06/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	02/09/2022	27/03/2023	French	PDF
Abridged model	31/12/2020	16/06/2021	15/03/2022	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	14/03/2022	Dutch	PDF
Abridged model	31/12/2018	19/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2017	06/05/2019	07/06/2019	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	24/10/2017	Dutch	PDF
Abridged model	31/12/2015	03/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	31/10/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	10/11/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	29/04/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	24/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	21/12/2007	Dutch	PDF
Abridged model	31/12/2005	12/10/2006	17/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2024 · 3 active · 15 ended

Active mandates

Maud Dardenne

Director · since 19 août 2022 · until 19 août 2028

Active

Pascale De Greve

Managing director · since 19 août 2022 · until 19 août 2028

Active

Virginie Dardenne

Director · since 19 août 2022 · until 19 août 2028

Active

Ended mandates

Bernard Dardenne

Managing director · since 15 juin 2016 · until 15 juin 2021

Ended

Bernard Dardenne

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Bernard Dardenne

Managing director · since 15 juin 2016 · until 16 juin 2022

Ended

Pascale De Greve

Director · since 15 juin 2016 · until 16 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/07/2026
MAATSCHAPPELIJKE ZETEL
PDF
Registered office19/11/2025
SIEGE SOCIAL
PDF
Restructuring07/04/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates19/12/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/09/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/06/2010
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

2024
Annual accounts 2024-257,9 k €↓
2023
Annual accounts 2023-124,4 k €↑
2022
Annual accounts 2022-2,1 M €↓
2021
Annual accounts 2021-241,5 k €↓
2020
Annual accounts 2020-49,2 k €↑
2017
Annual accounts 2017-49,3 k €↑
2016
Annual accounts 2016-306,3 k €↓
2015
Annual accounts 2015358 k €↑
2014
Annual accounts 201438,2 k €↑
2013
Annual accounts 2013-80,8 k €↓
2012
Annual accounts 201295,1 k €↑
2011
Annual accounts 2011-62 k €↓
2010
Annual accounts 201092,1 k €↑
2009
Annual accounts 2009-121,3 k €↑
2008
Annual accounts 2008-172,7 k €↓
2007
Annual accounts 2007-111,5 k €↓
2006
Annual accounts 2006-8,7 k €
06/03/1986
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 INVESTMENT COMPANY

Overview

What does FLANDERS INVESTMENT COMPANY do?

Trend over 17 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

Timeline