NORMAL SITUATION

Formulix

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Company — Normal situation.

Financial year 2024 · Closed on 25/06/2024

Net result1,7 k €+100,7 %over 1 year

Gross margin-7,8 k €+71,7 %over 1 year

Equity2,1 k €+363,7 %over 1 year

Identity

Source · BCE/KBO

Formulix is a company registered in Belgium.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.164.915
Legal form: Public limited company
Contributed capital: 62 000,00 €
Latest accounts: 25/06/2024

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 32 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	-7,8 k €	+71.7%	-27,4 k €	-355%	10,8 k €	+340%	-4,5 k €	+70.9%	-15,4 k €
EBITDA	-77,6 k €	+60.0%	-194 k €	-2120%	9,6 k €	+209%	-8,8 k €	+47.7%	-16,8 k €
Operating result	-77,6 k €	+60.0%	-194,2 k €	-4376%	4,5 k €	+121%	-21,8 k €	+11.1%	-24,5 k €
Net result	1,7 k €	+101%	-253,2 k €	-2043%	-11,8 k €	-415%	3,8 k €	-66.2%	11,1 k €
Balance sheet
Equity	2,1 k €	+364%	455,1 €	-99.8%	253,7 k €	-16.4%	303,6 k €	-6.6%	325 k €
Total assets	2,2 k €	-99.8%	1,1 M €	-34.3%	1,6 M €	+279%	425,8 k €	-16.7%	511,2 k €
Cash	414,9 €	-99.5%	82,1 k €	-33.7%	123,8 k €	+744%	14,7 k €	+14.7%	12,8 k €
Debts	–		1,1 M €	-22.2%	1,4 M €	+1012%	122,2 k €	-34.4%	186,2 k €
Other
Workforce	–		–		–		–		–

Board of directors

Source · NBB, accounts to 25/06/2024

2 active · 7 ended

Active mandates

Mattheus Brouwer

Managing director · since 12 mai 2017 · until 12 mai 2023

Active

Willemina Verhaegen

Director · since 12 mai 2017 · until 12 mai 2023

Active

Ended mandates

Mattheus Brouwer

Managing director · since 13 mai 2011 · until 12 mai 2017

Ended

Willemina Verhaegen

Director · since 13 mai 2011 · until 12 mai 2017

Ended

Willemina Verhaegen

Director · since 22 juillet 2008 · until 13 mai 2011

Ended

Willemina Verhaegen

Director · since 22 juillet 2008 · until 30 juin 2014

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged 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	25/06/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/10/2024	03/07/2024	15/06/2023	23/06/2022	05/07/2021	30/06/2020
General meeting	25/06/2024	10/05/2024	12/05/2023	13/05/2022	14/05/2021	08/05/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 32 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	25/06/2024	25/06/2024	02/10/2024	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	15/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	30/06/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	10/05/2019	25/09/2019	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	29/06/2007	Dutch	PDF
Abridged model	31/12/2005	20/06/2006	18/08/2006	Dutch	PDF
Abridged model	31/12/2004	13/05/2005	12/07/2005	Dutch	PDF
Abridged model	31/12/2003	14/05/2004	27/07/2004	Dutch	PDF
Abridged model	31/12/2002	09/05/2003	15/05/2003	Dutch	PDF
Abridged model	31/12/2001	10/05/2002	05/06/2002	Dutch	PDF
Abridged model	31/12/2000	11/05/2001	30/07/2001	Dutch	PDF
Abridged model	31/12/1999	12/05/2000	25/05/2000	Dutch	PDF
Abridged model	31/12/1998	14/05/1999	01/06/1999	Dutch	PDF
Abridged model	31/12/1997	19/06/1998	16/07/1998	Dutch	—
Abridged model	31/12/1996	09/05/1997	02/07/1997	Dutch	—
Abridged model	31/12/1995	10/05/1996	05/07/1996	Dutch	—
Abridged model	31/12/1994	12/05/1995	30/05/1995	Dutch	—

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.

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.

Board of directors

Source · NBB, accounts to 25/06/2024

2 active · 7 ended

Active mandates

Mattheus Brouwer

Managing director · since 12 mai 2017 · until 12 mai 2023

Active

Willemina Verhaegen

Director · since 12 mai 2017 · until 12 mai 2023

Active

Ended mandates

Mattheus Brouwer

Managing director · since 13 mai 2011 · until 12 mai 2017

Ended

Willemina Verhaegen

Director · since 13 mai 2011 · until 12 mai 2017

Ended

Willemina Verhaegen

Director · since 22 juillet 2008 · until 13 mai 2011

Ended

Willemina Verhaegen

Director · since 22 juillet 2008 · until 30 juin 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution30/08/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates09/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2011
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2005
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/03/2004
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 20241,7 k €↑
2023
Annual accounts 2023-253,2 k €↓
2022
Annual accounts 2022-11,8 k €↓
2021
Annual accounts 20213,8 k €↓
2020
Annual accounts 202011,1 k €↓
2019
Annual accounts 201944,9 k €↑
2018
Annual accounts 2018-52,5 k €↓
2017
Annual accounts 201730 k €↑
2016
Annual accounts 20168,1 k €↑
2015
Annual accounts 20154,2 k €↑
2014
Annual accounts 2014-15,6 k €↓
2013
Annual accounts 201315 k €↓
2012
Annual accounts 201244,1 k €↑
2011
Annual accounts 201122,5 k €↑
2010
Annual accounts 20102,8 k €↓
2009
Annual accounts 20099,7 k €↓
2008
Annual accounts 200814,4 k €↓
2007
Annual accounts 200761,8 k €↑
2006
Annual accounts 2006-22,9 k €

Formulix

Overview

Identity

Financials

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

Timeline