ACTIVE

DECEUNINCK FLEXIBLE NETTINGS

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Financial year 2023 · closed on 31/12/2023

Net result

93,5 k €

+140.4% YoY

Gross margin

145,2 k €

+103.4% YoY

Equity

405,2 k €

+30.0% YoY

What does DECEUNINCK FLEXIBLE NETTINGS do?

DECEUNINCK FLEXIBLE NETTINGS is a Private limited company incorporated in 2000. Its main activity is: Manufacture of rubber products. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0469.326.679

Incorporation

11/01/2000

Legal form

Private limited company

Registered office

Kastanjedreef(Rol) 7
8510 Kortrijk · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2023

Activities (NACE)

22120Manufacture of rubber products· main 22190Manufacture of other rubber products 25130Manufacture of structural metal products 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 46649Wholesale of machinery for the textile industry and of sewing and knitting machines+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	145,2 k €	+103%	71,4 k €	+62.0%	44,1 k €	+444%	8,1 k €	+43.9%	5,6 k €	-8.1%	6,1 k €	-91.2%	69,6 k €	+629%	-13,1 k €	-486%	3,4 k €	-64.7%	9,6 k €	-89.8%	94,3 k €	+237%	27,9 k €	-75.0%	111,9 k €	+47.1%	76,1 k €	+3.2%	73,7 k €	+5981%	1,2 k €	-99.1%	136,7 k €	+88.9%	72,4 k €
EBITDA	141,3 k €	+101%	70,4 k €	+65.0%	42,7 k €	+625%	5,9 k €	+57.1%	3,7 k €	-20.5%	4,7 k €	-93.1%	67,9 k €	+475%	-18,1 k €	-1073%	1,9 k €	-75.7%	7,7 k €	-91.7%	92,2 k €	+285%	24 k €	-78.0%	109 k €	+87.5%	58,1 k €	-18.4%	71,2 k €	+3175%	-2,3 k €	-102%	129,1 k €	+87.5%	68,9 k €
Operating result	126,5 k €	+128%	55,6 k €	+99.5%	27,9 k €	+513%	-6,7 k €	-280%	3,7 k €	+3.1%	3,6 k €	-94.6%	66,8 k €	+434%	-20 k €	-2990%	692,2 €	-88.9%	6,2 k €	-90.9%	68,2 k €	+208%	22,2 k €	-79.2%	106,6 k €	+146%	43,3 k €	-6.6%	46,3 k €	+276%	-26,4 k €	-125%	105,3 k €	+131%	45,6 k €
Net result	93,5 k €	+140%	38,9 k €	+106%	18,9 k €	+256%	-12,1 k €	-333%	5,2 k €	-68.0%	16,3 k €	-94.0%	269,9 k €	+147%	109,1 k €	+12231%	884,6 €	-2.2%	904,7 €	-97.5%	36,9 k €	+88.7%	19,6 k €	-82.6%	112,7 k €	+116%	52,3 k €	+14.6%	45,6 k €	+265%	-27,7 k €	-131%	90,6 k €	+72.3%	52,6 k €
Balance sheet
Equity	405,2 k €	+30.0%	311,7 k €	+14.3%	272,8 k €	+7.4%	253,9 k €	-4.6%	266,1 k €	+2.0%	260,9 k €	+6.7%	244,6 k €	+123%	109,7 k €	+16716%	652,5 €	+381%	-232,1 €	-100%	173,9 k €	+26.9%	137 k €	+16.7%	117,4 k €	+2421%	4,7 k €	-91.1%	52,4 k €	+679%	6,7 k €	-80.5%	34,4 k €	+161%	-56,2 k €
Total assets	651,9 k €	+13.1%	576,6 k €	+10.9%	520 k €	+6.3%	489,3 k €	+7.9%	453,5 k €	-8.6%	496,4 k €	-33.9%	750,7 k €	+36.9%	548,4 k €	+104%	268,5 k €	-12.9%	308,3 k €	-7.8%	334,2 k €	+104%	164 k €	+5.2%	155,9 k €	+48.7%	104,9 k €	+9.0%	96,3 k €	-15.6%	114 k €	-49.6%	226 k €	+66.5%	135,8 k €
Cash	14,4 k €	+11.4%	12,9 k €	-57.6%	30,4 k €	+42.6%	21,3 k €	+247%	6,1 k €	+272%	1,7 k €	-93.4%	25,1 k €	+138%	10,6 k €	+25.9%	8,4 k €	+10.4%	7,6 k €	-84.1%	47,8 k €	+165%	18,1 k €	-74.4%	70,6 k €	+976%	6,6 k €	-63.6%	18 k €	+0.9%	17,9 k €	-63.1%	48,3 k €	+506%	8 k €
Debts	234,6 k €	-7.2%	252,9 k €	+7.5%	235,2 k €	-0.1%	235,4 k €	+25.6%	187,4 k €	-20.4%	235,5 k €	-53.5%	506,1 k €	+15.4%	438,7 k €	+87.4%	234,1 k €	-24.1%	308,5 k €	+92.3%	160,4 k €	+492%	27,1 k €	-29.7%	38,5 k €	-61.5%	100,2 k €	+128%	43,9 k €	-52.9%	93,1 k €	-47.5%	177,5 k €	-7.5%	192 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 6 ended

Active mandates

LAURENZ DECEUNINCK

Director

Active

Ended mandates

Laurenz Deceuninck

Manager · since 23 décembre 2010

Ended

Laurenz Deceuninck

Managing director · until 23 décembre 2010

Ended

Laurenz Deceuninck

Managing director

Ended

Laurenz Deceuninck

Manager

Ended

At this address

Other companies at this address

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Travel with Alina● Active	0695.992.024

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/10/2024	26/10/2023	31/08/2022	29/09/2021	29/09/2020	02/07/2019
General meeting	31/05/2024	26/05/2023	27/05/2022	30/06/2021	31/08/2020	31/05/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	31/05/2024	24/10/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	26/10/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	29/09/2021	Dutch	PDF
Micro model	31/12/2019	31/08/2020	29/09/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	02/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	21/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	11/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	09/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2023 · 1 active · 6 ended

Active mandates

LAURENZ DECEUNINCK

Director

Active

Ended mandates

Laurenz Deceuninck

Manager · since 23 décembre 2010

Ended

Laurenz Deceuninck

Managing director · until 23 décembre 2010

Ended

Laurenz Deceuninck

Managing director

Ended

Laurenz Deceuninck

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares12/08/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/01/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office10/04/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/03/2004
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/04/2003
MAATSCHAPPELIJKE ZETEL
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

2023
Annual accounts 202393,5 k €↑
2022
Annual accounts 202238,9 k €↑
2021
Annual accounts 202118,9 k €↑
2020
Annual accounts 2020-12,1 k €↓
2019
Annual accounts 20195,2 k €↓
2018
Annual accounts 201816,3 k €↓
2017
Annual accounts 2017269,9 k €↑
2016
Annual accounts 2016109,1 k €↑
2015
Annual accounts 2015884,6 €↓
2014
Annual accounts 2014904,7 €↓
2013
Annual accounts 201336,9 k €↑
2012
Annual accounts 201219,6 k €↓
2011
Annual accounts 2011112,7 k €↑
2010
Annual accounts 201052,3 k €↑
2009
Annual accounts 200945,6 k €↑
2008
Annual accounts 2008-27,7 k €↓
2007
Annual accounts 200790,6 k €↑
2006
Annual accounts 200652,6 k €
11/01/2000
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

DECEUNINCK FLEXIBLE NETTINGS

Overview

What does DECEUNINCK FLEXIBLE NETTINGS do?

Trend over 18 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