ACTIVE

FLABELEC

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Financial year 2025 · closed on 31/12/2025

Net result

20,8 k €

+123.6% YoY

Gross margin

657,9 k €

-8.9% YoY

Equity

330 k €

+6.7% YoY

Workforce

16,9 ETP

What does FLABELEC do?

FLABELEC is a Public limited company incorporated in 1991. Its registered office is in La Louvière. It employs on average 16,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.501.618

Incorporation

18/02/1991

Legal form

Public limited company

Registered office

Rue Reine Astrid(M) 228
7110 La Louvière · WallonieSee on map

Contributed capital

77 000,00 €

Latest accounts

31/12/2025

Average workforce

16,9 ETP

Joint committees (2)

14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

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	657,9 k €	-8.9%	722,1 k €	-12.0%	821 k €	-14.0%	954,3 k €	+11.9%	853,1 k €	+1.1%	843,8 k €	-0.8%	850,6 k €	-25.8%	1,1 M €	+3.7%	1,1 M €	+77.4%	622,9 k €	-19.1%	770,4 k €	-18.7%	947,4 k €	+7.2%	883,4 k €	+10.6%	798,8 k €	-16.7%	959 k €	+23.5%	776,3 k €	-9.9%	861,6 k €	-18.0%	1,1 M €	-2.5%	1,1 M €	+10.0%	979,3 k €
EBITDA	14,9 k €	-85.9%	106 k €	-15.0%	124,7 k €	-61.6%	325,1 k €	+72.0%	189 k €	+252%	53,6 k €	+119%	-278 k €	-766%	41,7 k €	-69.4%	136,2 k €	+1941%	6,7 k €	-88.7%	59 k €	-54.5%	129,8 k €	+63.7%	79,3 k €	+403%	-26,1 k €	-139%	67,5 k €	+24.3%	54,3 k €	+2047%	-2,8 k €	-102%	115 k €	+79.7%	64 k €	+1407%	-4,9 k €
Operating result	-8,8 k €	-111%	78,7 k €	-27.7%	108,8 k €	-65.2%	312,8 k €	+77.8%	175,9 k €	+357%	38,5 k €	+113%	-294,3 k €	-1206%	26,6 k €	-76.2%	111,8 k €	+923%	-13,6 k €	-150%	27 k €	-72.8%	99 k €	+114%	46,3 k €	+183%	-55,5 k €	-345%	22,6 k €	+31.2%	17,3 k €	+141%	-42,5 k €	-156%	75,3 k €	+318%	18 k €	+125%	-71,4 k €
Net result	20,8 k €	+124%	9,3 k €	-85.5%	64,1 k €	-78.3%	295,5 k €	+218%	93 k €	+357%	20,4 k €	+106%	-317,8 k €	-3294%	9,9 k €	-84.9%	66 k €	+434%	-19,7 k €	-331%	8,5 k €	-89.6%	82,2 k €	+154%	32,4 k €	+143%	-76 k €	-1182%	7 k €	+312%	1,7 k €	+103%	-54,9 k €	-1266%	4,7 k €	-17.0%	5,7 k €	+107%	-86,4 k €
Balance sheet
Equity	330 k €	+6.7%	309,2 k €	+3.1%	300 k €	+27.2%	235,9 k €	+496%	-59,6 k €	+60.9%	-152,6 k €	+11.8%	-172,9 k €	-219%	144,9 k €	+1.2%	143,2 k €	+35.4%	105,8 k €	-15.7%	125,5 k €	+4.8%	119,7 k €	+86.7%	64,1 k €	+102%	31,8 k €	-70.5%	107,7 k €	+7.0%	100,7 k €	+1.7%	99 k €	-35.7%	153,9 k €	+3.2%	149,2 k €	+4.0%	143,5 k €
Total assets	901,8 k €	-1.9%	919,6 k €	-10.4%	1 M €	+41.6%	724,7 k €	-8.8%	794,3 k €	+2.0%	779 k €	+7.7%	723,4 k €	-29.6%	1 M €	+4.6%	982,3 k €	+53.9%	638,3 k €	-7.5%	690,3 k €	+28.0%	539,5 k €	-30.3%	773,7 k €	+0.1%	773,1 k €	+41.9%	544,7 k €	-7.9%	591,3 k €	+5.2%	562,2 k €	-26.5%	765,3 k €	+5.6%	724,8 k €	-3.7%	752,2 k €
Cash	45,4 k €	-25.0%	60,6 k €	-82.8%	352,9 k €	+147%	143,1 k €	+78.8%	80 k €	+91.0%	41,9 k €	-49.8%	83,4 k €	+198%	28 k €	-69.5%	91,9 k €	+182%	32,6 k €	+22.9%	26,5 k €	-72.2%	95,4 k €	+1613%	5,6 k €	-64.9%	15,8 k €	-1.2%	16 k €	-72.8%	59 k €	+1592%	3,5 k €	-97.5%	140,3 k €	+269%	38,1 k €	-23.1%	49,5 k €
Debts	571,8 k €	-6.3%	610,4 k €	-15.9%	726 k €	+48.5%	488,9 k €	-42.7%	853,9 k €	-8.3%	931,6 k €	+3.9%	896,3 k €	+1.6%	882,6 k €	+5.2%	839,2 k €	+57.6%	532,6 k €	-5.7%	564,8 k €	+34.5%	419,8 k €	-40.8%	709,6 k €	-4.3%	741,3 k €	+69.6%	437 k €	-10.9%	490,6 k €	+5.9%	463,2 k €	-24.2%	611,4 k €	+6.2%	575,6 k €	-5.4%	608,7 k €
Other
Workforce	16,9 ETP		–		–		–		–		–		–		30,7 ETP		–		–		22,9 ETP	-8.0%	24,9 ETP	+2.9%	24,2 ETP	+3.4%	23,4 ETP	-9.3%	25,8 ETP	+26.5%	20,4 ETP	-17.7%	24,8 ETP	-9.2%	27,3 ETP	-5.2%	28,8 ETP	-10.6%	32,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

DALS

Mandate · 0770.299.071

Represented by ANGELO DI FALCO

Active

Ended mandates

ERNESTO FLAVIANO

Managing director · since 28 juin 2024 · until 28 juin 2030

Ended

MARIKA FLAVIANO

Director · since 28 juin 2024 · until 28 juin 2030

Ended

MARIKA FLAVIANO

Director · since 04 septembre 2018 · until 04 septembre 2024

Ended

CLAUDINE BULTERYS

Director · since 01 janvier 2017 · until 31 décembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
M.E.B.F. INVEST● Active	0700.527.862

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	16/07/2026	30/06/2025	01/07/2024	13/07/2023	15/07/2022	10/08/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	16/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	13/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	10/08/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	08/08/2019	French	PDF
Micro model	31/12/2017	29/06/2018	18/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	27/03/2015	22/04/2015	French	PDF
Abridged model	31/12/2013	23/05/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	23/04/2012	26/04/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	18/08/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	08/08/2008	French	PDF
Abridged model	31/12/2006	23/05/2007	11/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 13 ended

Active mandates

DALS

Mandate · 0770.299.071

Represented by ANGELO DI FALCO

Active

Ended mandates

ERNESTO FLAVIANO

Managing director · since 28 juin 2024 · until 28 juin 2030

Ended

MARIKA FLAVIANO

Director · since 28 juin 2024 · until 28 juin 2030

Ended

MARIKA FLAVIANO

Director · since 04 septembre 2018 · until 04 septembre 2024

Ended

CLAUDINE BULTERYS

Director · since 01 janvier 2017 · until 31 décembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring27/07/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates09/05/2025
DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/05/2023
DEMISSIONS, NOMINATIONS
PDF
Court decision24/02/2022
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates13/09/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares02/08/2018
CAPITAL, ACTIONS
PDF
Mandates21/09/2017
DEMISSIONS, NOMINATIONS
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 202520,8 k €↑
2024
Annual accounts 20249,3 k €↓
2023
Annual accounts 202364,1 k €↓
2022
Annual accounts 2022295,5 k €↑
2021
Annual accounts 202193 k €↑
2020
Annual accounts 202020,4 k €↑
2019
Annual accounts 2019-317,8 k €↓
2018
Annual accounts 20189,9 k €↓
2017
Annual accounts 201766 k €↑
2016
Annual accounts 2016-19,7 k €↓
2015
Annual accounts 20158,5 k €↓
2014
Annual accounts 201482,2 k €↑
2013
Annual accounts 201332,4 k €↑
2012
Annual accounts 2012-76 k €↓
2011
Annual accounts 20117 k €↑
2010
Annual accounts 20101,7 k €↑
2009
Annual accounts 2009-54,9 k €↓
2008
Annual accounts 20084,7 k €↓
2007
Annual accounts 20075,7 k €↑
2006
Annual accounts 2006-86,4 k €
18/02/1991
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

FLABELEC

Overview

What does FLABELEC do?

Trend over 20 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