ACTIVE

FLEXIMEAT

Financial year 2024 · closed on 31/12/2024
Net result
25,2 k €
+338.3% YoY
Gross margin
62,2 k €
+149.2% YoY
Equity
-16,1 k €
+61.1% YoY

What does FLEXIMEAT do?

FLEXIMEAT is a Private limited company incorporated in 1996. Its registered office is in Herk-de-Stad.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.080.826
Incorporation
25/01/1996
Legal form
Private limited company
Registered office
Bosstraat 30
3540 Herk-de-Stad · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin62,2 k €24,9 k €3,1 k €27,3 k €32,8 k €29,1 k €23,6 k €43,4 k €143,5 €21,7 k €29,6 k €11,9 k €7,3 k €23,2 k €23,1 k €-2,2 k €20,6 k €20,9 k €14,6 k €
EBITDA41,3 k €5,1 k €-14,8 k €10,6 k €20,1 k €12,8 k €4,5 k €22,7 k €-20,1 k €-2,3 k €11,6 k €-451,6 €-11,7 k €9,2 k €6,2 k €-10,1 k €7,4 k €18,2 k €12,9 k €
Operating result25,8 k €-9,1 k €-17,9 k €8,8 k €17,9 k €-2,4 k €-11,7 k €4,5 k €-22,5 k €-4,8 k €3,4 k €-15,4 k €-26,8 k €-5,8 k €-2,8 k €-13,2 k €1,2 k €7,6 k €-5 k €
Net result25,2 k €-10,6 k €-18,3 k €8,3 k €14 k €-3,1 k €-12,1 k €3,5 k €-23,2 k €-4,2 k €4,3 k €-13,7 k €-26,4 k €-2 k €264,2 €254,8 €2,3 k €8,5 k €1,8 k €
Balance sheet
Equity-16,1 k €-41,2 k €-30,7 k €-12,4 k €-20,7 k €-34,8 k €-31,7 k €-19,6 k €-23 k €126,2 €4,4 k €48,1 €13,8 k €40,2 k €42,2 k €42 k €41,7 k €39,4 k €38,9 k €
Total assets54,6 k €56 k €59,4 k €29,5 k €24,9 k €16,2 k €32,1 k €73,9 k €42,7 k €40,3 k €42,6 k €47,9 k €75,9 k €108,7 k €99,4 k €105,7 k €87,9 k €84,2 k €95,8 k €
Cash16,7 k €6,5 k €4,3 k €19,4 k €15,4 k €5 k €2,3 k €7,7 k €26,1 k €13 k €11,1 k €8,8 k €12,7 k €24,3 k €8,1 k €27,7 k €2,2 k €12,4 k €5,2 k €
Debts70,6 k €97,2 k €89,8 k €41,9 k €45,6 k €50,9 k €63,9 k €93,5 k €65,7 k €40,2 k €38,3 k €47,8 k €62,1 k €68,5 k €57,2 k €63,7 k €46,2 k €44,8 k €56,9 k €
Other
Workforce1,2 ETP0,7 ETP0,6 ETP0,5 ETP0,4 ETP0,5 ETP0,8 ETP0,7 ETP0,3 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 31/12/2024 · 1 active · 5 ended

Active mandates

Michel Borgers

Director · since 09 mars 2004

Active

Ended mandates

Michel Borgers

Director · since 24 juillet 1999

Ended
Michel Borgers

Director · since 12 juillet 1999

Ended
Michel Borgers

Director

Ended
Michel Borgers

Manager

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 date30/07/202511/06/202424/07/202325/07/202225/06/202121/08/2020
General meeting30/06/202507/05/202403/05/202306/06/202207/06/202102/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202530/07/2025DutchPDF
Micro model31/12/202307/05/202411/06/2024DutchPDF
Micro model31/12/202203/05/202324/07/2023DutchPDF
Micro model31/12/202106/06/202225/07/2022DutchPDF
Micro model31/12/202007/06/202125/06/2021DutchPDF
Micro model31/12/201902/06/202021/08/2020DutchPDF
Micro model31/12/201803/06/201920/07/2019DutchPDF
Micro model31/12/201704/06/201810/07/2018DutchPDF
Micro model31/12/201606/06/201717/08/2017DutchPDF
Abridged model31/12/201506/06/201629/07/2016DutchPDF
Abridged model31/12/201401/06/201531/07/2015DutchPDF
Abridged model31/12/201302/06/201411/08/2014DutchPDF
Abridged model31/12/201203/06/201310/07/2013DutchPDF
Abridged model31/12/201104/06/201218/07/2012DutchPDF
Abridged model31/12/201020/06/201129/06/2011DutchPDF
Abridged model31/12/200907/06/201017/06/2010DutchPDF
Abridged model31/12/200801/06/200926/06/2009DutchPDF
Abridged model31/12/200702/06/200825/06/2008DutchPDF
Abridged model31/12/200625/06/200724/07/2007DutchPDF
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 31/12/2024 · 1 active · 5 ended

Active mandates

Michel Borgers

Director · since 09 mars 2004

Active

Ended mandates

Michel Borgers

Director · since 24 juillet 1999

Ended
Michel Borgers

Director · since 12 juillet 1999

Ended
Michel Borgers

Director

Ended
Michel Borgers

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2004
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 202425,2 k €
  2. 2023
    Annual accounts 2023-10,6 k €
  3. 2022
    Annual accounts 2022-18,3 k €
  4. 2021
    Annual accounts 20218,3 k €
  5. 2020
    Annual accounts 202014 k €
  6. 2019
    Annual accounts 2019-3,1 k €
  7. 2018
    Annual accounts 2018-12,1 k €
  8. 2017
    Annual accounts 20173,5 k €
  9. 2016
    Annual accounts 2016-23,2 k €
  10. 2015
    Annual accounts 2015-4,2 k €
  11. 2014
    Annual accounts 20144,3 k €
  12. 2013
    Annual accounts 2013-13,7 k €
  13. 2012
    Annual accounts 2012-26,4 k €
  14. 2011
    Annual accounts 2011-2 k €
  15. 2010
    Annual accounts 2010264,2 €
  16. 2009
    Annual accounts 2009254,8 €
  17. 2008
    Annual accounts 20082,3 k €
  18. 2007
    Annual accounts 20078,5 k €
  19. 2006
    Annual accounts 20061,8 k €
  20. 25/01/1996
    IncorporationPrivate limited company