NORMAL SITUATION

FLANDERS QUALITY MACHINES

Company — Normal situation.

Financial year 2022 · Closed on 31/12/2022

Net result
46,9 k €
-13,8 %over 1 year
Revenue
174,4 k €
-35,4 %over 1 year
Equity
591 k €
+8,6 %over 1 year
Workforce
1,0 ETP
-50,0 %over 1 year

Identity

Source · BCE/KBO

FLANDERS QUALITY MACHINES is a company registered in Belgium. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.619.422
Legal form
Public limited company
Contributed capital
74 615,95 €
Latest accounts
31/12/2022
Average workforce
1,0 ETP
Joint committees (3)
  • 111
  • 11102
  • 20900
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 32 filings

Trend over 16 financial years

20222021201920182017
Income statement
Revenue174,4 k €270 k €687,5 k €625,6 k €565 k €
EBITDA134,2 k €149,1 k €239,8 k €292,3 k €230,2 k €
Operating result86,8 k €98,5 k €185,4 k €237,1 k €178,9 k €
Net result46,9 k €54,4 k €106,4 k €141,7 k €96,8 k €
Balance sheet
Equity591 k €544,1 k €384,6 k €278,2 k €136,4 k €
Total assets1,5 M €1,6 M €1,7 M €1,7 M €1,8 M €
Cash19,8 k €27,4 k €16,9 k €15 k €15,4 k €
Debts944,3 k €1 M €1,3 M €1,4 M €1,6 M €
Other
Workforce1,0 ETP2,0 ETP4,3 ETP4,8 ETP4,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

2 active · 10 ended

Active mandates

Darko Suman

Director · since 01 septembre 2021 · until 31 décembre 2022

Active
Luc Temmerman

Director · since 01 septembre 2021 · until 31 décembre 2022

Active

Ended mandates

Darko SUMAN

Director · since 01 septembre 2021 · until 01 juin 2023

Ended
Luc TEMMERMAN

Director · since 01 septembre 2021 · until 01 juin 2023

Ended
Constant Luijckx

Director · since 01 juin 2016 · until 01 juin 2021

Ended
Eric Van Tichelen

Managing director · since 01 juin 2016 · until 01 juin 2021

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202312/05/202225/06/202130/06/202028/06/201902/07/2018
General meeting01/06/202329/04/202201/06/202102/06/202003/06/201901/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 32 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202201/06/202329/06/2023DutchPDF
Full model31/12/202129/04/202212/05/2022DutchPDF
Full model31/12/202001/06/202125/06/2021DutchPDF
Full model31/12/201902/06/202030/06/2020DutchPDF
Full model31/12/201803/06/201928/06/2019DutchPDF
Full model31/12/201701/06/201802/07/2018DutchPDF
Full model31/12/201601/06/201728/06/2017DutchPDF
Abridged model31/12/201501/06/201630/06/2016DutchPDF
Abridged model31/12/201422/06/201522/07/2015DutchPDF
Abridged model31/12/201302/06/201430/06/2014DutchPDF
Abridged model31/12/201201/06/201314/08/2013DutchPDF
Abridged model31/12/201101/06/201217/08/2012DutchPDF
Abridged model31/12/201001/06/201124/08/2011DutchPDF
Abridged model31/12/200901/06/201028/07/2010DutchPDF
Abridged model31/12/200802/06/200929/07/2009DutchPDF
Abridged model31/12/200702/06/200829/08/2008DutchPDF
Abridged model31/12/200601/06/200731/07/2007DutchPDF
Abridged model31/12/200501/06/200631/08/2006DutchPDF
Abridged model31/12/200401/06/200529/07/2005DutchPDF
Abridged model31/12/200301/06/200413/08/2004DutchPDF
Abridged model31/12/200202/06/200330/07/2003DutchPDF
Abridged model31/12/200101/06/200206/09/2002DutchPDF
Abridged model31/12/200001/06/200113/09/2001DutchPDF
Abridged model31/12/199902/06/200023/08/2000DutchPDF

View all 32 filings

Indicative valuation

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

2 active · 10 ended

Active mandates

Darko Suman

Director · since 01 septembre 2021 · until 31 décembre 2022

Active
Luc Temmerman

Director · since 01 septembre 2021 · until 31 décembre 2022

Active

Ended mandates

Darko SUMAN

Director · since 01 septembre 2021 · until 01 juin 2023

Ended
Luc TEMMERMAN

Director · since 01 septembre 2021 · until 01 juin 2023

Ended
Constant Luijckx

Director · since 01 juin 2016 · until 01 juin 2021

Ended
Eric Van Tichelen

Managing director · since 01 juin 2016 · until 01 juin 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution09/02/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates04/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 202246,9 k €↓
  2. 2021
    Annual accounts 202154,4 k €↓
  3. 2019
    Annual accounts 2019106,4 k €↓
  4. 2018
    Annual accounts 2018141,7 k €↑
  5. 2017
    Annual accounts 201796,8 k €↑
  6. 2016
    Annual accounts 201639,8 k €↑
  7. 2015
    Annual accounts 201595,8 €↓
  8. 2014
    Annual accounts 20143,3 k €↑
  9. 2013
    Annual accounts 20132,6 k €↑
  10. 2012
    Annual accounts 2012-18,4 k €↓
  11. 2011
    Annual accounts 2011262 €↑
  12. 2010
    Annual accounts 2010-779 €↑
  13. 2009
    Annual accounts 2009-2,6 k €↓
  14. 2008
    Annual accounts 2008-1,4 k €↓
  15. 2007
    Annual accounts 2007156,6 k €↑
  16. 2006
    Annual accounts 2006136,5 k €