ACTIVE

FLAMEXCO

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Financial year 2025 · closed on 30/06/2025

Net result

915,6 k €

+30.5% YoY

Gross margin

1,6 M €

+27.8% YoY

Equity

3,6 M €

+34.0% YoY

Workforce

3,8 ETP

+8.6% YoY

What does FLAMEXCO do?

FLAMEXCO is a Private limited company incorporated in 1995. Its registered office is in Fleurus. It employs on average 3,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.247.922

Incorporation

15/05/1995

Legal form

Private limited company

Registered office

Rue de la Flaminette(WB) 9
6224 Fleurus · Wallonie

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Average workforce

3,8 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,6 M €	+27.8%	1,2 M €	+83.7%	679,2 k €	+88.5%	360,3 k €	-29.7%	512,8 k €	+52.4%	336,4 k €	+46.0%	230,4 k €	-43.4%	407,3 k €	-26.9%	557,5 k €	+1.9%	546,8 k €	+25.6%	435,4 k €	+62.7%	267,7 k €	-7.1%	288,1 k €	-26.7%	393 k €	+29.6%	303,3 k €	+4.0%	291,7 k €	+83.1%	159,3 k €	-17.0%	191,9 k €	-6.2%	204,6 k €
EBITDA	1,5 M €	+27.3%	1,1 M €	+101%	569,5 k €	+110%	271,2 k €	-37.4%	433,4 k €	+76.6%	245,4 k €	+68.9%	145,3 k €	-55.3%	324,9 k €	-29.9%	463,7 k €	+2.5%	452,4 k €	+32.9%	340,3 k €	+101%	169 k €	-14.4%	197,3 k €	-34.3%	300,1 k €	+28.9%	232,8 k €	+7.7%	216,1 k €	+64.7%	131,2 k €	-14.0%	152,6 k €	-9.3%	168,3 k €
Operating result	1,3 M €	+33.5%	940,6 k €	+120%	427,7 k €	+212%	137,1 k €	-53.7%	296,4 k €	+176%	107,3 k €	+610%	15,1 k €	-92.2%	193,5 k €	-41.5%	330,9 k €	+0.3%	329,9 k €	+47.4%	223,9 k €	+277%	59,3 k €	-36.9%	94 k €	-52.1%	196,3 k €	+111%	92,8 k €	+41.7%	65,5 k €	+226%	20,1 k €	-48.7%	39,2 k €	-62.6%	104,9 k €
Net result	915,6 k €	+30.5%	701,4 k €	+121%	317,1 k €	+267%	86,5 k €	-61.6%	225,4 k €	+173%	82,6 k €	+865%	8,6 k €	-92.7%	116,9 k €	-42.8%	204,2 k €	-7.0%	219,5 k €	+51.4%	145 k €	+6.5%	136,2 k €	+97.8%	68,9 k €	-54.8%	152,4 k €	+174%	55,5 k €	+167%	20,8 k €	+2.6%	20,2 k €	-36.3%	31,8 k €	-69.9%	105,4 k €
Balance sheet
Equity	3,6 M €	+34.0%	2,7 M €	+35.3%	2 M €	+19.0%	1,7 M €	+5.5%	1,6 M €	+16.6%	1,4 M €	+6.5%	1,3 M €	+0.7%	1,3 M €	+10.2%	1,2 M €	+21.6%	947,3 k €	+29.9%	729,2 k €	+24.3%	586,7 k €	+29.3%	453,9 k €	+16.6%	389,1 k €	+61.2%	241,4 k €	+26.2%	191,2 k €	+8.7%	175,9 k €	+9.2%	161 k €	+19.6%	134,6 k €
Total assets	9,8 M €	+1.7%	9,6 M €	+35.7%	7,1 M €	+13.7%	6,2 M €	+66.4%	3,7 M €	-45.5%	6,9 M €	+76.0%	3,9 M €	-30.4%	5,6 M €	+38.1%	4,1 M €	-8.4%	4,4 M €	+5.4%	4,2 M €	+0.7%	4,2 M €	+27.3%	3,3 M €	+37.6%	2,4 M €	+28.5%	1,9 M €	+8.3%	1,7 M €	+49.5%	1,1 M €	-5.1%	1,2 M €	+17.9%	1 M €
Cash	2,3 M €	+142%	939,4 k €	+261%	260,2 k €	-41.0%	441,1 k €	-37.1%	700,7 k €	-38.5%	1,1 M €	+682%	145,8 k €	-79.2%	700,6 k €	+349%	156 k €	-66.6%	466,6 k €	+44.3%	323,4 k €	+164%	122,7 k €	-75.4%	497,9 k €	+46.1%	340,8 k €	+80231%	424,2 €	-99.3%	62 k €	-63.7%	170,9 k €	-66.6%	511 k €	+208%	166,1 k €
Debts	6,2 M €	-10.9%	6,9 M €	+35.9%	5,1 M €	+11.7%	4,6 M €	+111%	2,2 M €	-60.8%	5,5 M €	+110%	2,6 M €	-39.6%	4,3 M €	+49.1%	2,9 M €	-16.5%	3,5 M €	+0.3%	3,5 M €	-3.1%	3,6 M €	+27.1%	2,8 M €	+41.9%	2 M €	+23.9%	1,6 M €	+6.2%	1,5 M €	+58.0%	955,8 k €	-7.2%	1 M €	+18.3%	870,4 k €
Other
Workforce	3,8 ETP	+8.6%	3,5 ETP	-12.5%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-11.1%	4,5 ETP	-6.2%	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	+6.4%	4,7 ETP	+9.3%	4,3 ETP	+22.9%	3,5 ETP	0.0%	3,5 ETP	-2.8%	3,6 ETP	+50.0%	2,4 ETP	-14.3%	2,8 ETP	+180%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active

Active mandates

CHRISTELLE MAES

Vice-chairman of the board of directors

Active

CHRISTOPHE VANDAMME

Chairman of the board of directors

Active

At this address

Other companies at this address

Company	CBE no.
FLAMEC● Active	0898.117.753
LA FLAMINETTE● Active	0432.898.627

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	03/02/2025	31/01/2024	30/01/2023	02/02/2022	02/02/2021
General meeting	24/01/2026	09/12/2024	04/12/2023	05/12/2022	06/12/2021	07/12/2020
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

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	30/06/2025	24/01/2026	30/01/2026	French	PDF
Abridged model	30/06/2024	09/12/2024	03/02/2025	French	PDF
Abridged model	30/06/2023	04/12/2023	31/01/2024	French	PDF
Abridged model	30/06/2022	05/12/2022	30/01/2023	French	PDF
Abridged model	30/06/2021	06/12/2021	02/02/2022	French	PDF
Abridged model	30/06/2020	07/12/2020	02/02/2021	French	PDF
Abridged model	30/06/2019	09/12/2019	06/02/2020	French	PDF
Abridged model	30/06/2018	10/12/2018	25/01/2019	French	PDF
Abridged model	30/06/2017	11/12/2017	31/01/2018	French	PDF
Abridged model	30/06/2016	12/12/2016	01/02/2017	French	PDF
Abridged model	30/06/2015	21/12/2015	18/02/2016	French	PDF
Abridged model	30/06/2014	22/12/2014	29/01/2015	French	PDF
Abridged model	30/06/2013	11/02/2014	27/02/2014	French	PDF
Abridged model	30/06/2012	01/02/2013	13/02/2013	French	PDF
Abridged model	30/06/2011	15/02/2012	28/02/2012	French	PDF
Abridged model	30/06/2010	14/02/2011	28/02/2011	French	PDF
Abridged model	30/06/2009	15/02/2010	26/02/2010	French	PDF
Abridged model	30/06/2008	06/02/2009	27/02/2009	French	PDF
Abridged model	30/06/2007	12/12/2007	11/02/2008	French	PDF
Abridged model	30/06/2006	18/12/2006	10/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active

Active mandates

CHRISTELLE MAES

Vice-chairman of the board of directors

Active

CHRISTOPHE VANDAMME

Chairman of the board of directors

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
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 2025915,6 k €↑
2024
Annual accounts 2024701,4 k €↑
2023
Annual accounts 2023317,1 k €↑
2022
Annual accounts 202286,5 k €↓
2021
Annual accounts 2021225,4 k €↑
2020
Annual accounts 202082,6 k €↑
2019
Annual accounts 20198,6 k €↓
2018
Annual accounts 2018116,9 k €↓
2017
Annual accounts 2017204,2 k €↓
2016
Annual accounts 2016219,5 k €↑
2015
Annual accounts 2015145 k €↑
2014
Annual accounts 2014136,2 k €↑
2013
Annual accounts 201368,9 k €↓
2012
Annual accounts 2012152,4 k €↑
2011
Annual accounts 201155,5 k €↑
2010
Annual accounts 201020,8 k €↑
2009
Annual accounts 200920,2 k €↓
2008
Annual accounts 200831,8 k €↓
2007
Annual accounts 2007105,4 k €
15/05/1995
IncorporationPrivate 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

FLAMEXCO

Overview

What does FLAMEXCO do?

Trend over 19 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