ACTIVE

FLANDERSIT SERVICES

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Financial year 2025 · closed on 30/09/2025

Net result

26,3 k €

+1.9% YoY

Gross margin

266,2 k €

+7.0% YoY

Equity

83,8 k €

-9.4% YoY

What does FLANDERSIT SERVICES do?

FLANDERSIT SERVICES is a Private limited company incorporated in 2001. Its main activity is: Computer programming activities. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.391.861

Incorporation

22/03/2001

Legal form

Private limited company

Registered office

Vredestraat 77
8310 Brugge · FlandreSee on map

Contributed capital

1 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (4)

100
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	266,2 k €	+7.0%	248,7 k €	+18.3%	210,3 k €	+38.8%	151,5 k €	+61.1%	94,1 k €	-7.6%	101,8 k €	+3.8%	98,1 k €	+28.6%	76,2 k €	-31.4%	111,2 k €	-37.9%	179,1 k €	+25.0%	143,2 k €	+9.5%	130,8 k €	+30.5%	100,2 k €	-11.0%	112,6 k €	+52.6%	73,8 k €	+78.0%	41,5 k €	-13.6%	48 k €	-26.1%	64,9 k €	-44.8%	117,6 k €
EBITDA	42,3 k €	+0.9%	41,9 k €	+40.9%	29,8 k €	+99.8%	14,9 k €	+80.6%	8,2 k €	-47.8%	15,8 k €	+85.4%	8,5 k €	+3019%	-292 €	-101%	22,2 k €	-70.3%	74,8 k €	+24.4%	60,1 k €	-16.1%	71,6 k €	+83.8%	39 k €	-28.9%	54,8 k €	+143%	22,5 k €	+194%	7,7 k €	-14.4%	9 k €	+731%	-1,4 k €	-118%	8 k €
Operating result	38,3 k €	-1.8%	39 k €	+54.2%	25,3 k €	+164%	9,6 k €	+112%	4,5 k €	-63.2%	12,3 k €	+120%	5,6 k €	+252%	-3,7 k €	-124%	15,3 k €	-69.7%	50,7 k €	+30.6%	38,8 k €	+269%	10,5 k €	-63.1%	28,5 k €	-31.1%	41,4 k €	+228%	12,6 k €	+682%	-2,2 k €	-541%	-338,8 €	+95.8%	-8,2 k €	-228%	6,4 k €
Net result	26,3 k €	+1.9%	25,9 k €	+60.6%	16,1 k €	+330%	3,7 k €	+0.3%	3,7 k €	-67.6%	11,5 k €	+385%	2,4 k €	+134%	-7 k €	+84.5%	-45,2 k €	-252%	29,8 k €	-13.6%	34,5 k €	+1262%	-3 k €	-115%	19,4 k €	-3.2%	20,1 k €	+413%	3,9 k €	+229%	-3 k €	+38.6%	-5 k €	+42.8%	-8,7 k €	-239%	6,2 k €
Balance sheet
Equity	83,8 k €	-9.4%	92,5 k €	+38.8%	66,6 k €	-4.8%	70 k €	+12.9%	62 k €	+6.4%	58,3 k €	+24.6%	46,7 k €	+5.4%	44,4 k €	-13.7%	51,4 k €	-49.0%	100,7 k €	+24.5%	80,8 k €	+74.6%	46,3 k €	-6.0%	49,3 k €	+65.2%	29,8 k €	+207%	9,7 k €	+67.6%	5,8 k €	-34.4%	8,8 k €	-36.0%	13,8 k €	-38.6%	22,5 k €
Total assets	179,8 k €	+20.4%	149,3 k €	+21.9%	122,5 k €	+14.3%	107,1 k €	+27.6%	84 k €	-2.1%	85,8 k €	-7.7%	92,9 k €	+3.4%	89,8 k €	-9.4%	99,2 k €	-79.8%	490,8 k €	-3.1%	506,7 k €	-6.0%	539 k €	+343%	121,6 k €	+3.9%	117 k €	+275%	31,2 k €	-8.7%	34,2 k €	-27.0%	46,8 k €	-17.4%	56,6 k €	+124%	25,3 k €
Cash	92,9 k €	+74.9%	53,1 k €	-5.0%	55,9 k €	+5.6%	53 k €	+75.9%	30,1 k €	-34.7%	46,1 k €	+4.0%	44,3 k €	-34.4%	67,5 k €	+29.2%	52,3 k €	+12.4%	46,5 k €	+48.5%	31,3 k €	+171%	11,6 k €	-41.3%	19,7 k €	+40.1%	14 k €	+61.7%	8,7 k €	+279%	2,3 k €	+31.9%	1,7 k €	-89.8%	17 k €	+438%	3,2 k €
Debts	96 k €	+68.8%	56,9 k €	+1.7%	55,9 k €	+50.4%	37,2 k €	+74.1%	21,3 k €	-20.5%	26,9 k €	-40.8%	45,4 k €	-0.2%	45,5 k €	-4.8%	47,8 k €	-87.8%	390,1 k €	-8.4%	425,8 k €	-13.6%	492,7 k €	+581%	72,3 k €	-16.8%	86,9 k €	+305%	21,5 k €	-24.3%	28,4 k €	-11.6%	32,1 k €	-25.1%	42,8 k €	+1404%	2,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,5 ETP	-21.1%	1,9 ETP	+35.7%	1,4 ETP	+40.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	+33.3%	0,6 ETP	-40.0%	1,0 ETP	-33.3%	1,5 ETP	-37.5%	2,4 ETP

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 30/09/2025 · 1 active · 4 ended

Active mandates

Bart Rousseeuw

Director

Active

Ended mandates

Bart Rousseeuw

Director · since 22 mars 2001

Ended

BART ROUSSEEUW

Manager · since 22 mars 2001

Ended

Bart Rousseau

Director

Ended

Bart Rousseeuw

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	28/05/2025	02/04/2024	20/04/2023	28/03/2022	25/03/2021
General meeting	23/02/2026	24/02/2025	26/02/2024	20/03/2023	28/02/2022	22/02/2021
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	30/09/2025	23/02/2026	27/04/2026	Dutch	PDF
Micro model	30/09/2024	24/02/2025	28/05/2025	Dutch	PDF
Micro model	30/09/2023	26/02/2024	02/04/2024	Dutch	PDF
Micro model	30/09/2022	20/03/2023	20/04/2023	Dutch	PDF
Micro model	30/09/2021	28/02/2022	28/03/2022	Dutch	PDF
Micro model	30/09/2020	22/02/2021	25/03/2021	Dutch	PDF
Micro model	30/09/2019	24/02/2020	31/03/2020	Dutch	PDF
Micro model	30/09/2018	25/02/2019	08/03/2019	Dutch	PDF
Micro model	30/09/2017	28/03/2018	24/04/2018	Dutch	PDF
Abridged model	30/09/2016	27/03/2017	10/04/2017	Dutch	PDF
Abridged model	30/09/2015	29/02/2016	05/04/2016	Dutch	PDF
Abridged model	30/09/2014	23/02/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	24/02/2014	26/03/2014	Dutch	PDF
Abridged model	30/09/2012	20/02/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	20/02/2012	30/04/2012	Dutch	PDF
Abridged model	30/09/2010	21/02/2011	30/04/2011	Dutch	PDF
Abridged model	30/09/2009	22/02/2010	28/04/2010	Dutch	PDF
Abridged model	30/09/2008	23/02/2009	03/04/2009	Dutch	PDF
Abridged model	30/09/2007	25/02/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	26/02/2007	30/08/2007	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 30/09/2025 · 1 active · 4 ended

Active mandates

Bart Rousseeuw

Director

Active

Ended mandates

Bart Rousseeuw

Director · since 22 mars 2001

Ended

BART ROUSSEEUW

Manager · since 22 mars 2001

Ended

Bart Rousseau

Director

Ended

Bart Rousseeuw

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2015
MAATSCHAPPELIJKE ZETEL - 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

2025
Annual accounts 202526,3 k €↑
2025
Name changeFLANDERSIT SERVICES
2024
Annual accounts 202425,9 k €↑
2023
Annual accounts 202316,1 k €↑
2022
Annual accounts 20223,7 k €↑
2022
Name changeFLANDERS IT SERVICES
2020
Annual accounts 20203,7 k €↓
2019
Annual accounts 201911,5 k €↑
2018
Annual accounts 20182,4 k €↑
2017
Annual accounts 2017-7 k €↑
2016
Annual accounts 2016-45,2 k €↓
2015
Annual accounts 201529,8 k €↓
2014
Annual accounts 201434,5 k €↑
2013
Annual accounts 2013-3 k €↓
2012
Annual accounts 201219,4 k €↓
2011
Annual accounts 201120,1 k €↑
2010
Annual accounts 20103,9 k €↑
2009
Annual accounts 2009-3 k €↑
2008
Annual accounts 2008-5 k €↑
2007
Annual accounts 2007-8,7 k €↓
2006
Annual accounts 20066,2 k €
22/03/2001
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

FLANDERSIT SERVICES

Overview

What does FLANDERSIT SERVICES do?

Trend over 19 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