ACTIVE

FLIRSA

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Financial year 2025 · closed on 31/12/2025

Net result

133,8 k €

+44.3% YoY

Gross margin

154,7 k €

+12.8% YoY

Equity

764,4 k €

-5.9% YoY

What does FLIRSA do?

FLIRSA is a Private limited company incorporated in 2000. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Sint-Niklaas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.011.502

Incorporation

30/05/2000

Legal form

Private limited company

Registered office

Buitenstraat 14
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

74879Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	154,7 k €	+12.8%	137,2 k €	+1.0%	135,8 k €	+28.2%	105,9 k €	+4.4%	101,5 k €	+4.3%	97,3 k €	+1.0%	96,4 k €	-10.2%	107,3 k €	+19.1%	90,1 k €	-10.0%	100,1 k €	+31.6%	76,1 k €	+18.7%	64,1 k €	-1.6%	65,1 k €	+3.6%	62,8 k €	+13.4%	55,4 k €	-18.1%	67,6 k €	+16.7%	57,9 k €	+1.9%	56,9 k €	+12.8%	50,4 k €	+70.8%	29,5 k €
EBITDA	153,4 k €	+13.0%	135,8 k €	+1.0%	134,5 k €	+28.5%	104,7 k €	+4.3%	100,4 k €	+4.2%	96,3 k €	+1.4%	95 k €	-10.2%	105,8 k €	+22.1%	86,7 k €	-12.7%	99,3 k €	+31.6%	75,4 k €	+18.9%	63,4 k €	-2.1%	64,8 k €	+6.1%	61,1 k €	+11.9%	54,6 k €	-18.5%	66,9 k €	+17.7%	56,8 k €	+1.5%	56 k €	+12.4%	49,8 k €	+72.1%	29 k €
Operating result	146 k €	+13.8%	128,3 k €	+1.6%	126,3 k €	+31.3%	96,2 k €	+4.7%	91,9 k €	+4.6%	87,9 k €	+1.6%	86,5 k €	+2.0%	84,8 k €	+10.8%	76,5 k €	-8.2%	83,4 k €	+58.6%	52,6 k €	+32.6%	39,7 k €	-5.1%	41,8 k €	-0.6%	42,1 k €	-13.2%	48,5 k €	-20.8%	61,2 k €	+17.3%	52,2 k €	+6.5%	49 k €	+10.5%	44,3 k €	+85.0%	24 k €
Net result	133,8 k €	+44.3%	92,7 k €	-11.2%	104,4 k €	+76.8%	59,1 k €	+0.5%	58,8 k €	-9.0%	64,6 k €	+124%	28,9 k €	-42.4%	50,1 k €	+40.0%	35,8 k €	-38.8%	58,5 k €	+74.2%	33,6 k €	+17.8%	28,5 k €	-4.8%	30 k €	+5.8%	28,3 k €	-14.6%	33,2 k €	-19.5%	41,2 k €	+20.1%	34,3 k €	+3.4%	33,1 k €	+18.5%	28 k €	+88.8%	14,8 k €
Balance sheet
Equity	764,4 k €	-5.9%	812,4 k €	+8.5%	748,6 k €	+7.8%	694,2 k €	+9.3%	635,1 k €	+10.2%	576,3 k €	+12.6%	511,7 k €	+6.0%	482,8 k €	+11.6%	432,7 k €	+9.0%	396,9 k €	+17.3%	338,3 k €	+11.0%	304,7 k €	+10.3%	276,2 k €	+12.2%	246,3 k €	+13.0%	217,9 k €	+17.9%	184,8 k €	+28.7%	143,6 k €	+31.4%	109,3 k €	+43.5%	76,1 k €	+58.1%	48,2 k €
Total assets	973,3 k €	+12.0%	868,7 k €	+5.3%	825 k €	+16.0%	711,3 k €	+9.1%	651,7 k €	+8.0%	603,6 k €	+15.5%	522,5 k €	+4.9%	498,1 k €	+12.9%	441,1 k €	+8.5%	406,7 k €	+16.2%	350,1 k €	+10.7%	316,2 k €	+12.0%	282,4 k €	+13.7%	248,4 k €	+13.3%	219,2 k €	+13.2%	193,7 k €	+33.7%	144,8 k €	+21.7%	119 k €	+39.7%	85,2 k €	+44.5%	59 k €
Cash	213,7 k €	+85.0%	115,5 k €	-53.6%	248,9 k €	+8.4%	229,7 k €	-9.3%	253,3 k €	-12.0%	287,7 k €	+19.4%	241 k €	-9.9%	267,4 k €	+48.7%	179,8 k €	+24.9%	143,9 k €	+21.0%	118,9 k €	+39.4%	85,3 k €	+42.7%	59,8 k €	-12.2%	68,1 k €	-60.8%	174 k €	+11.0%	156,8 k €	+59.9%	98 k €	+22.3%	80,2 k €	+27.9%	62,7 k €	+64.8%	38 k €
Debts	208,9 k €	+271%	56,3 k €	-26.1%	76,2 k €	+345%	17,1 k €	+5.9%	16,1 k €	-40.7%	27,2 k €	+151%	10,8 k €	-28.4%	15,1 k €	+79.5%	8,4 k €	-14.2%	9,8 k €	-16.3%	11,7 k €	+2.6%	11,4 k €	+86.0%	6,1 k €	+193%	2,1 k €	+68.7%	1,2 k €	-86.0%	8,9 k €	+615%	1,2 k €	-87.2%	9,7 k €	+7.3%	9,1 k €	-16.3%	10,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Godelieve Aps

Director

Active

Ended mandates

Godelieve Aps

Director · since 25 mai 2000

Ended

Godelieve Aps

Manager · since 25 mai 2000

Ended

GODELIEVE APS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	24/06/2025	28/06/2024	30/06/2023	16/06/2022	17/06/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
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
Micro model	31/12/2025	04/06/2026	09/06/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	24/06/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	02/06/2022	16/06/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	04/06/2020	19/06/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	07/06/2018	10/07/2018	Dutch	PDF
Micro model	31/12/2016	01/06/2017	14/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 3 ended

Active mandates

Godelieve Aps

Director

Active

Ended mandates

Godelieve Aps

Director · since 25 mai 2000

Ended

Godelieve Aps

Manager · since 25 mai 2000

Ended

GODELIEVE APS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office05/09/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares04/07/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025133,8 k €↑
2024
Annual accounts 202492,7 k €↓
2023
Annual accounts 2023104,4 k €↑
2022
Annual accounts 202259,1 k €↑
2021
Annual accounts 202158,8 k €↓
2020
Annual accounts 202064,6 k €↑
2019
Annual accounts 201928,9 k €↓
2018
Annual accounts 201850,1 k €↑
2017
Annual accounts 201735,8 k €↓
2016
Annual accounts 201658,5 k €↑
2015
Annual accounts 201533,6 k €↑
2014
Annual accounts 201428,5 k €↓
2013
Annual accounts 201330 k €↑
2012
Annual accounts 201228,3 k €↓
2011
Annual accounts 201133,2 k €↓
2010
Annual accounts 201041,2 k €↑
2009
Annual accounts 200934,3 k €↑
2008
Annual accounts 200833,1 k €↑
2007
Annual accounts 200728 k €↑
2006
Annual accounts 200614,8 k €
30/05/2000
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

FLIRSA

Overview

What does FLIRSA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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