ACTIVE

VLIEGEN

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Financial year 2025 · Closed on 31/12/2025

Net result232,4 k €-18,0 %over 1 year

Gross margin562,1 k €-4,9 %over 1 year

Equity1,8 M €+14,8 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

VLIEGEN is a Public limited company incorporated in 1993. Its main activity is: Development of building projects. Its registered office is in Beringen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.753.942
Incorporation: 20/12/1993
Legal form: Public limited company
Registered office: Geiteling 48 box 1
3580 Beringen · FlandreSee on map
Contributed capital: 78 693,99 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 68100Buying and selling of own real estate 68110Buying and selling of own real estate 69109Legal activities+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	562,1 k €	-4.9%	590,8 k €	+5.4%	560,3 k €	+54.9%	361,8 k €	+24.8%	289,9 k €
EBITDA	554,3 k €	-5.2%	584,4 k €	+4.4%	560 k €	+58.5%	353,3 k €	+25.7%	281,1 k €
Operating result	321,2 k €	-12.6%	367,5 k €	-12.4%	419,3 k €	+39.2%	301,3 k €	+67.0%	180,4 k €
Net result	232,4 k €	-18.0%	283,5 k €	+5.9%	267,9 k €	+6.4%	251,9 k €	+79.3%	140,5 k €
Balance sheet
Equity	1,8 M €	+14.8%	1,6 M €	+22.0%	1,3 M €	+26.3%	1 M €	+32.8%	768,2 k €
Total assets	2,3 M €	+6.3%	2,2 M €	+8.7%	2 M €	+11.7%	1,8 M €	+16.8%	1,6 M €
Cash	1 M €	+44.2%	695 k €	+105%	338,2 k €	+56.9%	215,6 k €	+86.8%	115,4 k €
Debts	497,1 k €	-16.0%	591,9 k €	-15.3%	698,7 k €	-7.4%	754,3 k €	+1.1%	745,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dieter Vliegen	Directorsince 30/06/2006Managing director28/08/2023 → 2023 accountsended
Flybro's0738.447.340	Directorsince 14/01/2020Managing director28/08/2023 → 2023 accountsended
Gunther Vliegen	Directorsince 30/06/2006Managing director28/08/2023 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniel Vliegen	Director29/06/2018 → 14/01/2020Managing director29/06/2018 → 14/01/2020

Other companies at this address

Geiteling 48 3580 Beringen

Company	CBE no.
Flybro's● Active	0738.447.340
Industriële Technieken Danny Vliegen● Active	0452.122.146
Team Niwidi● Active	0801.638.187

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	17/07/2026	11/07/2025	16/08/2024	11/07/2023	09/09/2022	30/09/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	22/08/2022	31/08/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	16/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	22/08/2022	09/09/2022	Dutch	PDF
Micro model	31/12/2020	31/08/2021	30/09/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	12/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	12/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	24/11/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	09/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dieter Vliegen	Directorsince 30/06/2006Managing director28/08/2023 → 2023 accountsended
Flybro's0738.447.340	Directorsince 14/01/2020Managing director28/08/2023 → 2023 accountsended
Gunther Vliegen	Directorsince 30/06/2006Managing director28/08/2023 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniel Vliegen	Director29/06/2018 → 14/01/2020Managing director29/06/2018 → 14/01/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/05/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/02/2018
KAPITAAL - AANDELEN
PDF
Capital / shares21/02/2014
kapitaalverhoging - statutenwijziging
PDF
Mandates17/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2006
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Flybro's

Dieter Vliegen

Gunther Vliegen

Daniel Vliegen

Kurt Vliegen

Manuela Manzone

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

VLIEGEN

Geiteling 48 bte 1, 3580 BeringenGeiteling 48 bte 1, 3580 Beringen

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Geiteling 48 bte 1, 3580 BeringenCurrent	accounts 2025	Accounts 2025 · 2026-00310296
Geiteling 48 Bus 1, 3580 Beringen	accounts 2024	Accounts 2024 · 2025-00258291
Geiteling 48 bte 1, 3580 Beringen	accounts 2021 → 2023	Accounts 2023 · 2024-00351904

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VLIEGENCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00310296

Events

2025
Annual accounts 2025232,4 k €↓
2024
Annual accounts 2024283,5 k €↑
2023
Annual accounts 2023267,9 k €↑
2022
Annual accounts 2022251,9 k €↑
2021
Annual accounts 2021140,5 k €↑
2020
Annual accounts 2020139,5 k €↑
2019
Annual accounts 2019135 k €↑
2018
Annual accounts 201826,1 k €↑
2017
Annual accounts 201720,3 k €↓
2016
Annual accounts 201638,9 k €↑
2015
Annual accounts 201519,2 k €↑
2014
Annual accounts 201417,9 k €↓
2013
Annual accounts 201329 k €↑
2012
Annual accounts 20128,5 k €↓
2011
Annual accounts 201128,4 k €↑
2010
Annual accounts 201011,7 k €↓
2009
Annual accounts 200929,1 k €↓
2008
Annual accounts 200832,8 k €↑
2007
Annual accounts 200715,8 k €↑
2006
Annual accounts 200611,2 k €
20/12/1993
IncorporationPublic limited company

VLIEGEN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events