ACTIVE

FLOWSPARKS

Financial year 2024 · closed on 31/12/2024
Net result
1,2 M €
-58.1% YoY
Revenue
6,5 M €
+4.9% YoY
Equity
6,2 M €
-3.2% YoY
Workforce
39,9 ETP
+16.0% YoY

What does FLOWSPARKS do?

FLOWSPARKS is a Public limited company incorporated in 1997. Its registered office is in Gent. It employs on average 39,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.563.918
Incorporation
24/04/1997
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808 box B545
9000 Gent · FlandreSee on map
Contributed capital
1 507 645,08 €
Latest accounts
31/12/2024
Average workforce
39,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue6,5 M €6,2 M €5,3 M €4,3 M €3,3 M €2,9 M €4 M €2,9 M €3 M €3,4 M €2,8 M €3,3 M €3,3 M €2,9 M €3,6 M €4,1 M €3,9 M €4,8 M €
EBITDA1 M €706,3 k €1 M €771,5 k €460,8 k €-360,8 k €233,5 k €475 k €158,2 k €309,1 k €-154,5 k €358,4 k €572,1 k €358,1 k €-33,4 k €-342,5 k €405 k €770,8 k €
Operating result888,3 k €549,6 k €947,3 k €758 k €454,6 k €19,4 k €125,7 k €170,1 k €149 k €291,8 k €-470,1 k €323,1 k €541 k €330,7 k €-65,7 k €-411,8 k €255,6 k €621,1 k €
Net result1,2 M €2,9 M €1,2 M €1,1 M €694,4 k €-1 M €-799,4 k €-741,1 k €143,6 k €-2 M €-938,3 k €250 k €-432,4 k €19,6 k €319,8 k €-338,2 k €97,2 k €290,3 k €
Balance sheet
Equity6,2 M €6,4 M €5,7 M €4,6 M €2,6 M €1,7 M €2,7 M €3,5 M €3,8 M €3,6 M €5,6 M €6,5 M €6,3 M €6,7 M €6,3 M €4,7 M €5,1 M €2,7 M €
Total assets9,8 M €10,2 M €7,8 M €6,7 M €5,4 M €5,3 M €7,2 M €8,1 M €9,1 M €9,5 M €12,5 M €13,6 M €13,2 M €12,9 M €12,4 M €10,7 M €10,7 M €6,5 M €
Cash1,4 M €1 M €1,1 M €701,5 k €294,7 k €178,2 k €770,4 k €241 k €27 k €39,9 k €78,1 k €126 k €180,6 k €28,9 k €18,3 k €19,2 k €629 k €18,5 k €
Debts3,5 M €3,6 M €1,9 M €2,1 M €2,6 M €3,5 M €4,4 M €4,5 M €4,9 M €5,3 M €6,5 M €6,8 M €6,5 M €6,1 M €5,8 M €5,9 M €5,6 M €3,6 M €
Other
Workforce39,9 ETP34,4 ETP31,8 ETP25,2 ETP24,6 ETP28,0 ETP30,9 ETP27,8 ETP26,4 ETP26,6 ETP33,8 ETP33,7 ETP31,1 ETP28,1 ETP31,9 ETP38,7 ETP48,5 ETP49,6 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 31/12/2024 · 9 active · 33 ended

Active mandates

Guy Herregodts

Director · since 14 mai 2025 · until 18 juin 2027

Active
GUY HERREGODTS CONSULTING

Director · since 22 juin 2024 · until 13 mai 2025 · 0462.047.127

Represented by Guy HERREGODTS

Active
LBO Asset Management GmbH

Director · since 22 juin 2024 · until 19 juin 2026

Represented by Johannes Köpple

Active
GUY HERREGODTS CONSULTING

Director · since 02 novembre 2023 · until 21 juin 2024 · 0462.047.127

Represented by Guy HERREGODTS

Active
Cedher

Managing director · since 05 septembre 2023 · until 19 juin 2026 · 1001.472.342

Represented by Cédric Herregodts

Active
Johannes Köpple

Director · since 16 juin 2023 · until 21 juin 2024

Active
DEBOFIN

Director · since 17 juin 2022 · until 20 juin 2025 · 0451.797.492

Represented by Guido Declercq

Active
Paul DE SCHRIJVER

Director · since 17 juin 2022 · until 20 juin 2025

Active
GUY HERREGODTS CONSULTING

Managing director · since 15 juin 2018 · until 01 novembre 2023 · 0462.047.127

Represented by Guy HERREGODTS

Active

Ended mandates

DEBOFIN

Director · since 21 janvier 2021 · until 17 juin 2022 · 0451.797.492

Represented by Niko Keters

Ended
BRUNO LIPPENS CONSULTING

Director · since 15 juin 2018 · until 21 juin 2024 · 0472.097.416

Represented by Bruno Lippens

Ended
BRUNO LIPPENS CONSULTING

Director · since 15 juin 2018 · until 21 juin 2024 · 0472.097.416

Represented by Bruno Lippens

Ended
GUY HERREGODTS CONSULTING

Managing director · since 15 juin 2018 · until 21 juin 2024 · 0462.047.127

Represented by Guy HERREGODTS

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date03/07/202528/06/202423/06/202307/07/202222/06/202129/06/2020
General meeting20/06/202521/06/202416/06/202317/06/202218/06/202119/06/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202420/06/202503/07/2025DutchPDF
Full model31/12/202321/06/202428/06/2024DutchPDF
Full model31/12/202216/06/202323/06/2023DutchPDF
Full model31/12/202117/06/202207/07/2022DutchPDF
Full model31/12/202018/06/202122/06/2021DutchPDF
Full model31/12/201919/06/202029/06/2020DutchPDF
Full model31/12/201821/06/201926/06/2019DutchPDF
Full model31/12/201715/06/201803/07/2018DutchPDF
Full model31/12/201616/06/201727/06/2017DutchPDF
Full model31/12/201517/06/201628/06/2016DutchPDF
Full model31/12/201419/06/201523/06/2015DutchPDF
Full model31/12/201320/06/201401/07/2014DutchPDF
Full model31/12/201221/06/201328/06/2013DutchPDF
Full model31/12/201115/06/201210/07/2012DutchPDF
Full model31/12/201017/06/201129/06/2011DutchPDF
Full model31/12/200918/06/201020/08/2010DutchPDF
Full model31/12/200824/04/200915/07/2009DutchPDF
Full modelCorrection31/12/200725/04/200810/10/2008DutchPDF
Full model31/12/200725/04/200804/07/2008DutchPDF
Full model31/12/200627/04/200704/07/2007DutchPDF
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 31/12/2024 · 9 active · 33 ended

Active mandates

Guy Herregodts

Director · since 14 mai 2025 · until 18 juin 2027

Active
GUY HERREGODTS CONSULTING

Director · since 22 juin 2024 · until 13 mai 2025 · 0462.047.127

Represented by Guy HERREGODTS

Active
LBO Asset Management GmbH

Director · since 22 juin 2024 · until 19 juin 2026

Represented by Johannes Köpple

Active
GUY HERREGODTS CONSULTING

Director · since 02 novembre 2023 · until 21 juin 2024 · 0462.047.127

Represented by Guy HERREGODTS

Active
Cedher

Managing director · since 05 septembre 2023 · until 19 juin 2026 · 1001.472.342

Represented by Cédric Herregodts

Active
Johannes Köpple

Director · since 16 juin 2023 · until 21 juin 2024

Active
DEBOFIN

Director · since 17 juin 2022 · until 20 juin 2025 · 0451.797.492

Represented by Guido Declercq

Active
Paul DE SCHRIJVER

Director · since 17 juin 2022 · until 20 juin 2025

Active
GUY HERREGODTS CONSULTING

Managing director · since 15 juin 2018 · until 01 novembre 2023 · 0462.047.127

Represented by Guy HERREGODTS

Active

Ended mandates

DEBOFIN

Director · since 21 janvier 2021 · until 17 juin 2022 · 0451.797.492

Represented by Niko Keters

Ended
BRUNO LIPPENS CONSULTING

Director · since 15 juin 2018 · until 21 juin 2024 · 0472.097.416

Represented by Bruno Lippens

Ended
BRUNO LIPPENS CONSULTING

Director · since 15 juin 2018 · until 21 juin 2024 · 0472.097.416

Represented by Bruno Lippens

Ended
GUY HERREGODTS CONSULTING

Managing director · since 15 juin 2018 · until 21 juin 2024 · 0462.047.127

Represented by Guy HERREGODTS

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2021
    ONTSLAGEN - BENOEMINGEN
    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 20241,2 M €
  2. 2023
    Annual accounts 20232,9 M €
  3. 2022
    Annual accounts 20221,2 M €
  4. 2021
    Annual accounts 20211,1 M €
  5. 2021
    Name changeFLOWSPARKS
  6. 2019
    Annual accounts 2019694,4 k €
  7. 2018
    Annual accounts 2018-1 M €
  8. 2017
    Annual accounts 2017-799,4 k €
  9. 2016
    Annual accounts 2016-741,1 k €
  10. 2015
    Annual accounts 2015143,6 k €
  11. 2014
    Annual accounts 2014-2 M €
  12. 2013
    Annual accounts 2013-938,3 k €
  13. 2012
    Annual accounts 2012250 k €
  14. 2011
    Annual accounts 2011-432,4 k €
  15. 2010
    Annual accounts 201019,6 k €
  16. 2009
    Annual accounts 2009319,8 k €
  17. 2008
    Annual accounts 2008-338,2 k €
  18. 2007
    Annual accounts 200797,2 k €
  19. 2006
    Annual accounts 2006290,3 k €
  20. 2006
    Name changeU & I LEARNING
  21. 24/04/1997
    IncorporationPublic limited company