ACTIVE

Euro Flanders Logistics

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Financial year 2024 · closed on 31/12/2024

Net result

3,5 k €

-47.2% YoY

Gross margin

126,3 k €

-5.1% YoY

Equity

50,4 k €

+7.5% YoY

What does Euro Flanders Logistics do?

Euro Flanders Logistics is a Private limited company incorporated in 1988. Its main activity is: Freight transport by road. Its registered office is in Oostrozebeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.458.257

Incorporation

01/03/1988

Legal form

Private limited company

Registered office

Meiklokjesstraat 19
8780 Oostrozebeke · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 41001Construction of buildings 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (5)

140
14004
200
20018
218

Contacts

3 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	126,3 k €	-5.1%	133,1 k €	-7.4%	143,7 k €	-13.8%	166,7 k €	-32.1%	245,6 k €	-5.0%	258,6 k €	-4.4%	270,6 k €	+22.6%	220,7 k €	+9.5%	201,5 k €	-15.5%	238,4 k €	-10.3%	265,7 k €	+5.0%	253 k €	+34.1%	188,6 k €	-15.5%	223,3 k €	+12.3%	198,9 k €	-14.4%	232,4 k €	+55.2%	149,8 k €	-24.2%	197,6 k €
EBITDA	25,7 k €	+9.0%	23,6 k €	-26.0%	31,9 k €	+32.7%	24 k €	-38.7%	39,2 k €	-45.2%	71,4 k €	+20.4%	59,3 k €	+7.3%	55,2 k €	+34.6%	41,1 k €	-41.5%	70,2 k €	-6.9%	75,5 k €	+9.0%	69,3 k €	+55.5%	44,5 k €	-40.6%	75 k €	+38.6%	54,1 k €	-44.8%	98 k €	+132%	42,2 k €	-32.5%	62,6 k €
Operating result	16,4 k €	-3.2%	17 k €	+64.2%	10,3 k €	+473%	-2,8 k €	-191%	3 k €	-84.9%	20,1 k €	+3340%	585 €	+180%	-732,1 €	+72.0%	-2,6 k €	-110%	26,8 k €	-12.7%	30,7 k €	+32.4%	23,2 k €	+317%	-10,7 k €	-145%	23,6 k €	+248%	6,8 k €	-86.5%	50,1 k €	+2239%	-2,3 k €	-110%	23,2 k €
Net result	3,5 k €	-47.2%	6,6 k €	+280%	-3,7 k €	+81.8%	-20,3 k €	-116%	-9,4 k €	-179%	11,9 k €	+322%	-5,4 k €	+23.4%	-7 k €	+10.1%	-7,8 k €	-180%	9,7 k €	-28.9%	13,6 k €	+388%	2,8 k €	+114%	-19,6 k €	-282%	10,8 k €	+844%	1,1 k €	-96.7%	35 k €	+503%	-8,7 k €	-122%	39,2 k €
Balance sheet
Equity	50,4 k €	+7.5%	46,9 k €	+16.4%	40,3 k €	-8.4%	44 k €	-40.7%	74,1 k €	-11.2%	83,5 k €	+14.1%	73,2 k €	-6.8%	78,5 k €	-8.2%	85,5 k €	-8.3%	93,3 k €	+11.6%	83,6 k €	+19.5%	70 k €	+4.2%	67,2 k €	-38.4%	109,1 k €	+8.3%	100,7 k €	-1.2%	101,9 k €	+47.1%	69,3 k €	-25.5%	93 k €
Total assets	439,5 k €	+24.7%	352,3 k €	-5.9%	374,4 k €	-0.4%	375,7 k €	-20.0%	469,7 k €	-19.3%	582,2 k €	+33.7%	435,3 k €	+7.5%	405,1 k €	+18.4%	342,2 k €	-9.1%	376,6 k €	-21.7%	481,1 k €	+10.4%	435,7 k €	+22.4%	356 k €	-5.9%	378,3 k €	+35.7%	278,7 k €	+19.0%	234,3 k €	-6.7%	251,2 k €	+2.6%	244,7 k €
Cash	4,4 k €	-57.5%	10,3 k €	+118%	4,7 k €	-18.2%	5,8 k €	-77.1%	25,2 k €	+81.7%	13,8 k €	+94.7%	7,1 k €	-64.9%	20,2 k €	-1.9%	20,6 k €	+7.0%	19,3 k €	-31.1%	28 k €	-4.4%	29,3 k €	+157%	11,4 k €	+995%	1 k €	-96.3%	28,2 k €	-36.0%	44,1 k €	+141%	18,3 k €	-68.0%	57,4 k €
Debts	389,1 k €	+27.4%	305,4 k €	-8.6%	334,1 k €	+0.7%	331,7 k €	-16.1%	395,6 k €	-20.7%	498,7 k €	+37.7%	362,2 k €	+10.9%	326,6 k €	+27.2%	256,7 k €	-9.4%	283,3 k €	-23.8%	372,1 k €	+1.7%	365,7 k €	+26.6%	288,8 k €	+7.3%	269,3 k €	+51.2%	178,1 k €	+34.6%	132,3 k €	-27.2%	181,9 k €	+20.0%	151,5 k €
Other
Workforce	–		–		–		–		5,0 ETP	+2.0%	4,9 ETP	-15.5%	5,8 ETP		–		3,8 ETP	-20.8%	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	-2.0%	5,1 ETP	+8.5%	4,7 ETP	-14.5%	5,5 ETP	+17.0%	4,7 ETP	+30.6%	3,6 ETP	-32.1%	5,3 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 31/12/2024 · 1 active · 4 ended

Active mandates

Kurt Demasure

Director

Active

Ended mandates

Kurt Demasure

Manager · since 09 juillet 1999

Ended

Carlos Demasure

Manager · since 01 mars 1988

Ended

Carlos Demasure

Manager

Ended

Kurt Demasure

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	29/08/2025	05/09/2024	09/10/2023	18/10/2022	28/10/2021	30/11/2020
General meeting	26/04/2025	27/04/2024	08/10/2023	15/10/2022	18/10/2021	25/04/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	26/04/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	27/04/2024	05/09/2024	Dutch	PDF
Micro model	31/12/2022	08/10/2023	09/10/2023	Dutch	PDF
Micro model	31/12/2021	15/10/2022	18/10/2022	Dutch	PDF
Micro model	31/12/2020	18/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	25/04/2020	30/11/2020	Dutch	PDF
Abridged model	31/12/2018	27/04/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	28/04/2018	27/09/2018	Dutch	PDF
Micro model	31/12/2016	22/04/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	23/04/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	13/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	24/04/2010	14/05/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	15/09/2008	18/09/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	31/05/2007	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 31/12/2024 · 1 active · 4 ended

Active mandates

Kurt Demasure

Director

Active

Ended mandates

Kurt Demasure

Manager · since 09 juillet 1999

Ended

Carlos Demasure

Manager · since 01 mars 1988

Ended

Carlos Demasure

Manager

Ended

Kurt Demasure

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/08/2010
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office02/10/2008
MAATSCHAPPELIJKE ZETEL
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 20243,5 k €↓
2023
Annual accounts 20236,6 k €↑
2022
Annual accounts 2022-3,7 k €↑
2021
Annual accounts 2021-20,3 k €↓
2019
Annual accounts 2019-9,4 k €↓
2018
Annual accounts 201811,9 k €↑
2017
Annual accounts 2017-5,4 k €↑
2016
Annual accounts 2016-7 k €↑
2015
Annual accounts 2015-7,8 k €↓
2014
Annual accounts 20149,7 k €↓
2013
Annual accounts 201313,6 k €↑
2012
Annual accounts 20122,8 k €↑
2011
Annual accounts 2011-19,6 k €↓
2010
Annual accounts 201010,8 k €↑
2009
Annual accounts 20091,1 k €↓
2008
Annual accounts 200835 k €↑
2007
Annual accounts 2007-8,7 k €↓
2006
Annual accounts 200639,2 k €
01/03/1988
IncorporationPrivate 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

Euro Flanders Logistics

Overview

What does Euro Flanders Logistics do?

Trend over 18 financial years

Indicative valuation

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