ACTIVE

FLEXLINK SYSTEMS

Financial year 2025 · closed on 31/12/2025
Net result
-105,0 k €
+48.0% YoY
Gross margin
452,7 k €
+2.5% YoY
Equity
245,0 k €
+263.3% YoY
Workforce
4,9 ETP
-31.0% YoY

What does FLEXLINK SYSTEMS do?

FLEXLINK SYSTEMS is a Public limited company incorporated in 2001. Its main activity is: Manufacture of lifting and handling equipment. Its registered office is in Leuven. It employs on average 4,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.907.950
Incorporation
22/01/2001
Legal form
Public limited company
Registered office
Ambachtenlaan 21-3B
3001 Leuven · FlandreSee on map
Contributed capital
562 000,00 €
Latest accounts
31/12/2025
Average workforce
4,9 ETP
Joint committees (3)
  • 209
  • 2090
  • 20900
Signals
Good liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin452,7 k €441,9 k €-835,9 k €700,8 k €656,5 k €610,7 k €1,0 M €
EBITDA-128,0 k €-226,2 k €-1,2 M €123,0 k €181,6 k €48,8 k €118,0 k €38,4 k €17,1 k €52,9 k €241,6 k €177,6 k €118,9 k €-2,9 k €46,4 k €131,8 k €261,6 k €467,9 k €
Operating result-106,0 k €-215,2 k €-571,1 k €-581,4 k €189,2 k €-115,8 k €118,6 k €12,6 k €9,1 k €46,3 k €227,3 k €161,3 k €116,8 k €-10,0 k €34,8 k €121,3 k €251,1 k €465,9 k €
Net result-105,0 k €-202,2 k €-545,9 k €-582,6 k €183,8 k €-126,6 k €55,5 k €0,0 €4,4 k €36,3 k €151,9 k €113,8 k €91,8 k €-8,9 k €41,5 k €97,9 k €188,8 k €318,7 k €
Balance sheet
Equity245,0 k €-150,0 k €52,2 k €598,1 k €1,2 M €1,4 M €1,5 M €1,5 M €1,5 M €1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €1,1 M €1,1 M €959,1 k €770,3 k €
Total assets1,2 M €440,6 k €1,7 M €4,3 M €2,7 M €3,4 M €4,6 M €3,6 M €2,3 M €3,3 M €3,1 M €2,7 M €2,5 M €2,1 M €1,5 M €1,8 M €2,1 M €1,7 M €
Cash466,9 k €152,6 k €985,6 k €2,0 M €2,1 M €993,5 k €468,7 k €789,0 k €463,8 k €336,9 k €297,7 k €400,4 k €292,4 k €286,1 k €194,7 k €105,7 k €56,2 k €146,8 k €
Debts972,9 k €562,1 k €1,6 M €3,7 M €1,5 M €1,8 M €2,6 M €1,8 M €660,7 k €1,5 M €1,4 M €1,2 M €1,1 M €914,6 k €382,2 k €673,7 k €917,4 k €765,1 k €
Other
Workforce4,9 ETP7,1 ETP3,9 ETP4,9 ETP4,2 ETP5,6 ETP5,9 ETP3,9 ETP4,0 ETP5,8 ETP5,9 ETP6,0 ETP5,8 ETP6,8 ETP7,0 ETP7,8 ETP5,4 ETP3,5 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 31/12/2025 · 3 active · 36 ended

Active mandates

Giovanni Marini

Director · since 01 juin 2025 · until 15 avril 2031

Active
Hans Vos

Director · since 01 juin 2025 · until 15 avril 2031

Active
Luigi Russo

Director · since 01 juin 2025 · until 15 avril 2031

Active

Ended mandates

Chiara Menabue

Director · since 15 mai 2024 · until 15 avril 2030

Ended
Tom Adolfsson

Director · since 25 octobre 2022 · until 15 mai 2024

Ended
Tom Adolfsson

Director · since 25 octobre 2022 · until 15 avril 2025

Ended
Maria Persson

Director · since 26 avril 2022 · until 15 avril 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202630/07/202524/07/202427/07/202330/06/202201/07/2021
General meeting30/06/202627/06/202528/06/202424/07/202330/06/202230/06/2021
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
Abridged model31/12/202530/06/202616/07/2026DutchPDF
Abridged model31/12/202427/06/202530/07/2025DutchPDF
Abridged model31/12/202328/06/202424/07/2024DutchPDF
Abridged model31/12/202224/07/202327/07/2023DutchPDF
Abridged model31/12/202130/06/202230/06/2022DutchPDF
Abridged model31/12/202030/06/202101/07/2021DutchPDF
Abridged model31/12/201930/06/202016/07/2020DutchPDF
Abridged model31/12/201831/07/201901/08/2019DutchPDF
Abridged model31/12/201731/07/201802/08/2018DutchPDF
Full model31/12/201614/07/201731/07/2017DutchPDF
Full model31/12/201517/06/201620/06/2016DutchPDF
Full model31/12/201427/05/201507/07/2015DutchPDF
Full model31/12/201306/06/201410/06/2014DutchPDF
Full model31/12/201215/04/201316/05/2013DutchPDF
Full model31/12/201115/04/201214/05/2012DutchPDF
Full model31/12/201030/06/201126/07/2011DutchPDF
Full model31/12/200906/05/201003/06/2010DutchPDF
Full model31/12/200815/04/200915/05/2009DutchPDF
Full model31/12/200715/04/200816/05/2008DutchPDF
Full model31/12/200615/04/200714/05/2007DutchPDF
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 31/12/2025 · 3 active · 36 ended

Active mandates

Giovanni Marini

Director · since 01 juin 2025 · until 15 avril 2031

Active
Hans Vos

Director · since 01 juin 2025 · until 15 avril 2031

Active
Luigi Russo

Director · since 01 juin 2025 · until 15 avril 2031

Active

Ended mandates

Chiara Menabue

Director · since 15 mai 2024 · until 15 avril 2030

Ended
Tom Adolfsson

Director · since 25 octobre 2022 · until 15 mai 2024

Ended
Tom Adolfsson

Director · since 25 octobre 2022 · until 15 avril 2025

Ended
Maria Persson

Director · since 26 avril 2022 · until 15 avril 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares29/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates07/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Mandates13/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2021
    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. 2025
    Annual accounts 2025-105,0 k €
  2. 2024
    Annual accounts 2024-202,2 k €
  3. 2023
    Annual accounts 2023-545,9 k €
  4. 2022
    Annual accounts 2022-582,6 k €
  5. 2021
    Annual accounts 2021183,8 k €
  6. 2018
    Annual accounts 2018-126,6 k €
  7. 2017
    Annual accounts 201755,5 k €
  8. 2016
    Annual accounts 20160,0 €
  9. 2015
    Annual accounts 20154,4 k €
  10. 2014
    Annual accounts 201436,3 k €
  11. 2013
    Annual accounts 2013151,9 k €
  12. 2012
    Annual accounts 2012113,8 k €
  13. 2011
    Annual accounts 201191,8 k €
  14. 2010
    Annual accounts 2010-8,9 k €
  15. 2009
    Annual accounts 200941,5 k €
  16. 2008
    Annual accounts 200897,9 k €
  17. 2007
    Annual accounts 2007188,8 k €
  18. 2006
    Annual accounts 2006318,7 k €
  19. 22/01/2001
    IncorporationPublic limited company