ACTIVE

FLYBIRD

Financial year 2024 · closed on 31/12/2024
Net result
27,4 k €
+68.1% YoY
Gross margin
113,5 k €
+42.5% YoY
Equity
139,3 k €
+24.5% YoY

What does FLYBIRD do?

FLYBIRD is a Private limited company incorporated in 1991. Its registered office is in Harelbeke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.125.782
Incorporation
14/05/1991
Legal form
Private limited company
Registered office
Barzestraat 45
8531 Harelbeke · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin113,5 k €79,6 k €84,4 k €62 k €38 k €18,3 k €30,8 k €39,8 k €46,9 k €63 k €116,2 k €44,8 k €61,8 k €44,7 k €26 k €19,6 k €26,7 k €22,1 k €
EBITDA107,3 k €73,8 k €78 k €57,7 k €33,6 k €13 k €27,6 k €34,2 k €36,3 k €58,7 k €91,6 k €37,5 k €53,5 k €42,1 k €23,6 k €17,2 k €23,5 k €19,1 k €
Operating result42,7 k €30 k €40,1 k €21,3 k €13,6 k €-3,4 k €6,7 k €8,7 k €15,2 k €28,9 k €7,7 k €497,3 €9,9 k €3,4 k €1,7 k €-5,4 k €1,2 k €712,3 €
Net result27,4 k €16,3 k €34 k €17,1 k €15 k €-5 k €2,1 k €2,9 k €8,2 k €21,3 k €-2,4 k €-7,8 k €2,4 k €14,7 €-666,1 €-6,1 k €-780,1 €-916 €
Balance sheet
Equity139,3 k €111,9 k €95,6 k €61,6 k €44,5 k €29,5 k €34,5 k €32,4 k €29 k €20,9 k €-474,1 €1,9 k €9,7 k €7,3 k €7,3 k €8 k €14,1 k €14,8 k €
Total assets461,3 k €479,2 k €381,4 k €380,1 k €240,1 k €95,1 k €107,4 k €95,5 k €96,6 k €100,4 k €110 k €134 k €176,3 k €201,4 k €41,4 k €50,1 k €68 k €84,9 k €
Cash539,6 €12 k €29,3 k €49,1 k €34,3 k €9,9 k €19,3 k €12,5 k €20,7 k €16,6 k €8,5 k €31 k €1,4 k €5,5 k €4,2 k €
Debts315,8 k €363,4 k €285,7 k €318,5 k €195,6 k €65,6 k €72,5 k €63 k €67,5 k €79,6 k €110,4 k €132,1 k €166,6 k €194,1 k €27,5 k €41,6 k €52,9 k €68,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

HENDRIK DELEU

Director · since 07 juillet 2020

Active
JÜRGEN DOBBELAERE

Director · since 07 juillet 2020

Active

Ended mandates

GINO CIERS

Manager · since 01 avril 2010 · until 31 mars 2011

Ended
GINO CIERS

Manager · since 01 avril 2009 · until 31 mars 2010

Ended
GINO CIERS

Manager · since 01 avril 2008 · until 31 mars 2009

Ended
GINO CIERS

Manager · since 01 avril 2007 · until 31 mars 2008

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202503/07/202418/07/202315/07/202220/07/202130/06/2020
General meeting16/06/202503/06/202430/06/202320/06/202221/06/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202416/06/202507/07/2025DutchPDF
Micro model31/12/202303/06/202403/07/2024DutchPDF
Micro model31/12/202230/06/202318/07/2023DutchPDF
Micro model31/12/202120/06/202215/07/2022DutchPDF
Micro model31/12/202021/06/202120/07/2021DutchPDF
Micro model31/12/201902/06/202030/06/2020DutchPDF
Micro model31/12/201824/06/201909/07/2019DutchPDF
Micro model31/12/201725/06/201809/07/2018DutchPDF
Micro model31/12/201606/06/201703/07/2017DutchPDF
Abridged model31/12/201522/08/201630/08/2016DutchPDF
Abridged model31/12/201428/08/201528/08/2015DutchPDF
Abridged model31/03/201329/08/201306/09/2013DutchPDF
Abridged model31/03/201231/10/201215/11/2012DutchPDF
Abridged model31/03/201104/07/201130/11/2011DutchPDF
Abridged model31/03/201005/07/201030/09/2010DutchPDF
Abridged model31/03/200906/07/200930/09/2009DutchPDF
Abridged model31/03/200818/12/200822/12/2008DutchPDF
Abridged model31/03/200702/07/200728/09/2007DutchPDF
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.

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 · 2 active · 7 ended

Active mandates

HENDRIK DELEU

Director · since 07 juillet 2020

Active
JÜRGEN DOBBELAERE

Director · since 07 juillet 2020

Active

Ended mandates

GINO CIERS

Manager · since 01 avril 2010 · until 31 mars 2011

Ended
GINO CIERS

Manager · since 01 avril 2009 · until 31 mars 2010

Ended
GINO CIERS

Manager · since 01 avril 2008 · until 31 mars 2009

Ended
GINO CIERS

Manager · since 01 avril 2007 · until 31 mars 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/08/2020
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office20/12/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares26/03/2014
    KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2024
    Annual accounts 202427,4 k €
  2. 2023
    Annual accounts 202316,3 k €
  3. 2022
    Annual accounts 202234 k €
  4. 2021
    Annual accounts 202117,1 k €
  5. 2020
    Annual accounts 202015 k €
  6. 2019
    Annual accounts 2019-5 k €
  7. 2018
    Annual accounts 20182,1 k €
  8. 2018
    Name changeFLYBIRD
  9. 2017
    Annual accounts 20172,9 k €
  10. 2016
    Annual accounts 20168,2 k €
  11. 2015
    Annual accounts 201521,3 k €
  12. 2014
    Annual accounts 2014-2,4 k €
  13. 2013
    Annual accounts 2013-7,8 k €
  14. 2012
    Annual accounts 20122,4 k €
  15. 2011
    Annual accounts 201114,7 €
  16. 2010
    Annual accounts 2010-666,1 €
  17. 2009
    Annual accounts 2009-6,1 k €
  18. 2008
    Annual accounts 2008-780,1 €
  19. 2007
    Annual accounts 2007-916 €
  20. 2007
    Name changeDISTRI EUROPE
  21. 14/05/1991
    IncorporationPrivate limited company