FML Mastyflex Belgium
0437.253.729 · rovalta.com · 23/09/2026
ACTIVE
FML Mastyflex Belgium
Financial year 2025 · closed on 31/12/2025
Net result
22,9 k €
+829.4% YoY
Gross margin
83,5 k €
+445.7% YoY
Equity
96,4 k €
+31.2% YoY
Workforce
0,0 ETP
Overview
What does FML Mastyflex Belgium do?
FML Mastyflex Belgium is a Public limited company incorporated in 1989. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0437.253.729
Incorporation
11/04/1989
Legal form
Public limited company
Registered office
Sint-Widostraat 6
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
- 323
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 83,5 k € | +446% | 15,3 k € | +42.3% | 10,8 k € | -56.1% | 24,5 k € | -5.8% | 26 k € | +10.5% | 23,5 k € | +9.9% | 21,4 k € | -17.8% | 26,1 k € | -5.5% | 27,6 k € | -10.5% | 30,8 k € | -6.2% | 32,8 k € | -20.5% | 41,2 k € | -15.1% | 48,6 k € | -4.3% | 50,7 k € | +3.3% | 49,1 k € | +6.9% | 46 k € | +23.1% | 37,4 k € | +178% | 13,5 k € | +94.1% | 6,9 k € | -77.9% | 31,4 k € |
| EBITDA | 79,9 k € | +588% | 11,6 k € | +56.4% | 7,4 k € | -66.0% | 21,8 k € | -6.2% | 23,3 k € | +11.2% | 20,9 k € | +14.0% | 18,3 k € | -12.7% | 21 k € | -12.5% | 24 k € | -6.6% | 25,7 k € | -13.2% | 29,6 k € | -22.3% | 38,1 k € | -15.9% | 45,3 k € | +8.2% | 41,9 k € | -7.9% | 45,5 k € | +7.3% | 42,4 k € | +28.2% | 33,1 k € | +231% | 10 k € | +131% | -31,8 k € | -253% | 20,8 k € |
| Operating result | 35,8 k € | +1023% | 3,2 k € | +296% | -1,6 k € | -117% | 9,4 k € | -12.5% | 10,8 k € | +31.7% | 8,2 k € | +25.7% | 6,5 k € | -34.6% | 9,9 k € | -34.1% | 15,1 k € | +19.1% | 12,6 k € | +256% | 3,6 k € | -56.5% | 8,2 k € | -45.1% | 14,9 k € | +29.9% | 11,5 k € | -19.5% | 14,2 k € | -40.8% | 24 k € | +43.3% | 16,8 k € | +326% | -7,4 k € | +84.8% | -49 k € | -817% | 6,8 k € |
| Net result | 22,9 k € | +829% | 2,5 k € | +231% | -1,9 k € | -129% | 6,4 k € | -16.6% | 7,7 k € | +34.7% | 5,7 k € | +65.0% | 3,5 k € | -42.3% | 6 k € | -22.3% | 7,8 k € | +43.0% | 5,4 k € | +288% | -2,9 k € | -416% | -558,7 € | -113% | 4,2 k € | -71.3% | 14,7 k € | +515% | 2,4 k € | -71.5% | 8,4 k € | +822% | 907,5 € | +112% | -7,5 k € | +87.0% | -58 k € | -3229% | -1,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 96,4 k € | +31.2% | 73,5 k € | +3.5% | 71 k € | -2.6% | 72,9 k € | +9.7% | 66,4 k € | +13.2% | 58,7 k € | +10.8% | 53 k € | +7.0% | 49,5 k € | +13.8% | 43,5 k € | +12.3% | 38,7 k € | +16.3% | 33,3 k € | -8.0% | 36,2 k € | -1.5% | 36,8 k € | +12.9% | 32,6 k € | +81.9% | 17,9 k € | +15.4% | 15,5 k € | +117% | 7,1 k € | +14.5% | 6,2 k € | -54.7% | 13,8 k € | -67.2% | 42 k € |
| Total assets | 234,3 k € | +192% | 80,3 k € | +8.7% | 73,9 k € | -18.7% | 90,9 k € | -2.1% | 92,8 k € | +2.9% | 90,2 k € | -7.1% | 97,1 k € | -9.2% | 106,9 k € | +3.8% | 103 k € | -6.6% | 110,3 k € | -10.9% | 123,7 k € | -31.1% | 179,6 k € | -22.5% | 231,8 k € | -7.5% | 250,6 k € | -7.9% | 272,1 k € | +19.9% | 226,9 k € | -10.9% | 254,7 k € | -7.6% | 275,6 k € | +3.7% | 265,8 k € | +107% | 128,4 k € |
| Cash | 1,3 k € | -93.8% | 20,6 k € | +147% | 8,3 k € | -62.5% | 22,2 k € | +53.2% | 14,5 k € | +795% | 1,6 k € | +3397% | 46,4 € | +0.1% | 46,3 € | -4.5% | 48,5 € | – | 3,1 € | -18.5% | 3,8 € | -96.4% | 104,7 € | -0.6% | 105,3 € | +0.6% | 104,7 € | 0.0% | 104,7 € | -15.5% | 123,8 € | 0.0% | 123,8 € | 0.0% | 123,8 € | +0.7% | 123 € | ||
| Debts | 137,9 k € | +1920% | 6,8 k € | +136% | 2,9 k € | -82.8% | 16,8 k € | -35.5% | 26,1 k € | -17.2% | 31,5 k € | -27.3% | 43,3 k € | -23.1% | 56,2 k € | -5.1% | 59,2 k € | -12.4% | 67,6 k € | -23.9% | 88,8 k € | -37.2% | 141,4 k € | -27.5% | 195,1 k € | -10.2% | 217,2 k € | -14.6% | 254,2 k € | +20.3% | 211,4 k € | -14.6% | 247,5 k € | -7.5% | 267,7 k € | +7.2% | 249,8 k € | +191% | 85,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,9 ETP | +800% | 0,1 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 8 ended
Active mandates
Madjid Gordjestani
ActiveEnded mandates
Cataldo Ferrara
EndedMaria Allegra
EndedCataldo Ferrara
EndedMaria Allegra
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/08/2026 | 22/08/2025 | 30/08/2024 | 19/07/2023 | 24/08/2022 | 24/08/2021 |
| General meeting | 31/07/2026 | 31/07/2025 | 24/04/2024 | 26/04/2023 | 27/04/2022 | 28/04/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 31/07/2026 | 13/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 31/07/2025 | 22/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 24/04/2024 | 30/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 26/04/2023 | 19/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 27/04/2022 | 24/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 28/04/2021 | 24/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/04/2020 | 25/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 24/04/2019 | 30/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 25/04/2018 | 06/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 26/04/2017 | 30/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/04/2016 | 26/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/04/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/04/2014 | 29/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 24/04/2013 | 26/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/04/2012 | 15/10/2012 | Dutch | |
| Abridged model | 31/12/2010 | 27/04/2011 | 20/09/2011 | Dutch | |
| Abridged model | 31/12/2009 | 28/04/2010 | 25/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/04/2009 | 26/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/04/2008 | 29/12/2008 | Dutch | |
| Abridged model | 31/12/2006 | 25/04/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 8 ended
Active mandates
Madjid Gordjestani
ActiveEnded mandates
Cataldo Ferrara
EndedMaria Allegra
EndedCataldo Ferrara
EndedMaria Allegra
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/06/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates10/07/2023ONTSLAGEN - BENOEMINGEN
- Capital / shares01/02/2013KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/03/2007KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202522,9 k €↑
- 2024Annual accounts 20242,5 k €↑
- 2024Name changeFML MASTYFLEX BELGIUM
- 2023Annual accounts 2023-1,9 k €↓
- 2022Annual accounts 20226,4 k €↓
- 2021Annual accounts 20217,7 k €↑
- 2021Name changeFML
- 2020Annual accounts 20205,7 k €↑
- 2019Annual accounts 20193,5 k €↓
- 2018Annual accounts 20186 k €↓
- 2017Annual accounts 20177,8 k €↑
- 2016Annual accounts 20165,4 k €↑
- 2015Annual accounts 2015-2,9 k €↓
- 2014Annual accounts 2014-558,7 €↓
- 2013Annual accounts 20134,2 k €↓
- 2012Annual accounts 201214,7 k €↑
- 2011Annual accounts 20112,4 k €↓
- 2010Annual accounts 20108,4 k €↑
- 2009Annual accounts 2009907,5 €↑
- 2008Annual accounts 2008-7,5 k €↑
- 2007Annual accounts 2007-58 k €↓
- 2006Annual accounts 2006-1,7 k €
- 11/04/1989IncorporationPublic limited company