ACTIVE

FLANDERS SHIP REPAIR

Financial year 2024 · Closed on 31/12/2024

Net result933,5 k €+109,1 %over 1 year
Revenue8,2 M €+23,9 %over 1 year
Equity3,1 M €+34,7 %over 1 year
Workforce16,1 ETP-10,1 %over 1 year

Identity

Source · BCE/KBO

FLANDERS SHIP REPAIR is a Public limited company incorporated in 1999. Its main activity is: Repair and maintenance of ships and boats. Its registered office is in Brugge. It employs on average 16,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.016.297
Incorporation
08/10/1999
Legal form
Public limited company
Registered office
Jozef Verschaveweg 106
8380 Brugge · FlandreSee on map
Contributed capital
469 695,80 €
Latest accounts
31/12/2024
Average workforce
16,1 ETP
Joint committees (2)
  • 111
  • 209
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue8,2 M €6,6 M €5,5 M €–3,4 M €
EBITDA1,2 M €630 k €495,4 k €198,4 k €250,5 k €
Operating result1,1 M €587,6 k €454,5 k €118,6 k €171,4 k €
Net result933,5 k €446,5 k €332,5 k €72,2 k €113,4 k €
Balance sheet
Equity3,1 M €2,3 M €1,9 M €1,6 M €1,5 M €
Total assets5,3 M €4,8 M €4,7 M €3,7 M €3,6 M €
Cash608,5 k €343,5 k €642,5 k €99,1 k €196,7 k €
Debts2,2 M €2,5 M €2,6 M €2,1 M €2 M €
Other
Workforce16,1 ETP17,9 ETP19,4 ETP20,6 ETP20,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 20 ended

Active mandates

Daniel Opstaele

Director · since 01 janvier 2023 · until 01 février 2024

Active
KU Dé TA

Managing director · since 01 janvier 2023 · until 01 janvier 2029 · 0667.982.778

Represented by Johnny Hofman

Active
N.O.INVEST

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0667.979.909

Represented by Nico Opstaele

Active

Ended mandates

Daniel Opstaele

Director · since 01 janvier 2023 · until 01 janvier 2029

Ended
Daniel Opstaele

Director · since 01 janvier 2017 · until 01 janvier 2023

Ended
Daniel Opstaele

Managing director · since 01 janvier 2017 · until 01 janvier 2023

Ended
JEMA

Director · since 01 janvier 2017 · until 29 juillet 2019 · 0443.012.856

Represented by Jerry Lievens

Ended

Other companies at this address

Jozef Verschaveweg 106 8380 Brugge
CompanyCBE no.
0730.818.487
0555.756.550
0812.343.425

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/07/202528/06/202414/08/202328/07/202201/06/202115/09/2020
General meeting30/06/202503/06/202430/06/202330/06/202203/05/202127/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202530/07/2025DutchPDF
Abridged model31/12/202303/06/202428/06/2024DutchPDF
Abridged model31/12/202230/06/202314/08/2023DutchPDF
Abridged model31/12/202130/06/202228/07/2022DutchPDF
Abridged model31/12/202003/05/202101/06/2021DutchPDF
Abridged model31/12/201927/08/202015/09/2020DutchPDF
Abridged model31/12/201829/07/201913/08/2019DutchPDF
Abridged model31/12/201731/05/201818/06/2018DutchPDF
Abridged model31/12/201623/05/201721/06/2017DutchPDF
Abridged model31/12/201530/05/201630/06/2016DutchPDF
Abridged model30/06/201422/10/201420/11/2014DutchPDF
Abridged model30/06/201329/11/201327/12/2013DutchPDF
Abridged model30/06/201228/11/201212/12/2012DutchPDF
Abridged model30/06/201130/11/201122/12/2011DutchPDF
Abridged model30/06/201022/10/201029/12/2010DutchPDF
Abridged model30/06/200903/12/200930/12/2009DutchPDF
Abridged model30/06/200821/11/200819/12/2008DutchPDF
Abridged model30/06/200712/11/200727/11/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 20 ended

Active mandates

Daniel Opstaele

Director · since 01 janvier 2023 · until 01 février 2024

Active
KU Dé TA

Managing director · since 01 janvier 2023 · until 01 janvier 2029 · 0667.982.778

Represented by Johnny Hofman

Active
N.O.INVEST

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0667.979.909

Represented by Nico Opstaele

Active

Ended mandates

Daniel Opstaele

Director · since 01 janvier 2023 · until 01 janvier 2029

Ended
Daniel Opstaele

Director · since 01 janvier 2017 · until 01 janvier 2023

Ended
Daniel Opstaele

Managing director · since 01 janvier 2017 · until 01 janvier 2023

Ended
JEMA

Director · since 01 janvier 2017 · until 29 juillet 2019 · 0443.012.856

Represented by Jerry Lievens

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office03/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/06/2023
    ALGEMENE VERGADERING
    PDF
  • Mandates01/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/04/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/01/2016
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 2024933,5 k €↑
  2. 2023
    Annual accounts 2023446,5 k €↑
  3. 2022
    Annual accounts 2022332,5 k €↑
  4. 2021
    Annual accounts 202172,2 k €↓
  5. 2020
    Annual accounts 2020113,4 k €↑
  6. 2019
    Annual accounts 201988,5 k €↓
  7. 2018
    Annual accounts 2018105,4 k €↑
  8. 2017
    Annual accounts 201757,9 k €↑
  9. 2016
    Annual accounts 201622,9 k €↓
  10. 2015
    Annual accounts 2015279,6 k €↑
  11. 2014
    Annual accounts 2014144,3 k €↓
  12. 2013
    Annual accounts 2013239,7 k €↑
  13. 2012
    Annual accounts 2012233,3 k €↑
  14. 2011
    Annual accounts 201163 k €↑
  15. 2010
    Annual accounts 2010-37,7 k €↓
  16. 2009
    Annual accounts 2009176,1 k €↑
  17. 2008
    Annual accounts 200864,5 k €↓
  18. 2007
    Annual accounts 200799,9 k €
  19. 08/10/1999
    IncorporationPublic limited company