ACTIVE

BELGIAN FLUID SYSTEM TECHNOLOGIES

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Financial year 2025 · closed on 31/12/2025

Net result

-59,8 k €

-111.9% YoY

Gross margin

2,9 M €

-10.3% YoY

Equity

2,8 M €

-2.1% YoY

Workforce

28,0 ETP

+6.9% YoY

What does BELGIAN FLUID SYSTEM TECHNOLOGIES do?

BELGIAN FLUID SYSTEM TECHNOLOGIES is a Private limited company incorporated in 2001. Its registered office is in Dilbeek. It employs on average 28,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.069.574

Incorporation

25/06/2001

Legal form

Private limited company

Registered office

Noordkustlaan 16
1702 Dilbeek · FlandreSee on map

Contributed capital

800 000,00 €

Latest accounts

31/12/2025

Average workforce

28,0 ETP

Joint committees (3)

14904
200
218

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	2,9 M €	-10.3%	3,2 M €	+5.4%	3,1 M €	+28.9%	2,4 M €	+8.0%	2,2 M €		–		–		–		–		–		–		–		–		–		2,7 M €	+26.7%	2,1 M €	+0.3%	2,1 M €	-9.0%	2,3 M €	+6.4%	2,2 M €	+16.4%	1,9 M €
EBITDA	119,2 k €	-86.2%	864,4 k €	-15.9%	1 M €	+61.1%	637,6 k €	+53.5%	415,5 k €	-31.4%	606,1 k €	-23.7%	794 k €	-32.0%	1,2 M €	+81.0%	645,1 k €	-12.6%	737,8 k €	+123%	330,2 k €	-55.0%	734,4 k €	-42.1%	1,3 M €	+43.8%	882,6 k €	-22.3%	1,1 M €	+70.1%	668,1 k €	-0.7%	673 k €	-21.7%	860 k €	+4.3%	824,6 k €	+44.0%	572,6 k €
Operating result	-44,5 k €	-106%	746,8 k €	-22.9%	969 k €	+96.2%	493,8 k €	+22.7%	402,6 k €	-29.2%	568,9 k €	-28.0%	789,6 k €	-31.1%	1,1 M €	+65.3%	693,1 k €	-0.5%	696,5 k €	+150%	278,4 k €	-60.1%	698,4 k €	-43.1%	1,2 M €	+47.6%	831,2 k €	-25.1%	1,1 M €	+84.9%	600,1 k €	-6.1%	639,1 k €	-20.2%	800,8 k €	+4.6%	765,8 k €	+43.8%	532,4 k €
Net result	-59,8 k €	-112%	503 k €	-25.8%	678,1 k €	+109%	324,3 k €	+25.0%	259,4 k €	-32.3%	383 k €	-26.7%	522,6 k €	-34.1%	792,7 k €	+68.1%	471,6 k €	+2.0%	462,5 k €	+136%	195,6 k €	-55.1%	435,7 k €	-47.4%	827,8 k €	+39.2%	594,7 k €	-23.1%	773,8 k €	+76.1%	439,5 k €	-7.3%	473,8 k €	-15.1%	558,3 k €	+5.4%	529,5 k €	+39.5%	379,5 k €
Balance sheet
Equity	2,8 M €	-2.1%	2,8 M €	-9.4%	3,1 M €	+28.0%	2,4 M €	+15.4%	2,1 M €	+14.1%	1,8 M €	+26.3%	1,5 M €	+55.9%	935,3 k €	-78.2%	4,3 M €	+12.3%	3,8 M €	+13.8%	3,4 M €	-0.1%	3,4 M €	+7.5%	3,1 M €	+13.1%	2,8 M €	+7.6%	2,6 M €	+17.0%	2,2 M €	+1.8%	2,2 M €	+8.8%	2 M €	+15.0%	1,7 M €	+15.4%	1,5 M €
Total assets	4,4 M €	-5.8%	4,6 M €	+8.7%	4,3 M €	+1.0%	4,2 M €	-4.3%	4,4 M €	+5.7%	4,2 M €	-0.3%	4,2 M €	-7.8%	4,5 M €	-8.2%	4,9 M €	+5.5%	4,7 M €	+8.0%	4,3 M €	-0.6%	4,4 M €	-3.2%	4,5 M €	+12.9%	4 M €	-0.6%	4 M €	+15.8%	3,5 M €	+9.1%	3,2 M €	+4.6%	3 M €	+8.8%	2,8 M €	+19.4%	2,3 M €
Cash	931,5 k €	-3.2%	961,8 k €	+152%	381,2 k €	-59.3%	936,4 k €	+8.8%	860,4 k €	+14.6%	750,7 k €	-2.1%	766,9 k €	-7.3%	827,3 k €	-61.0%	2,1 M €	+20.5%	1,8 M €	+18.2%	1,5 M €	-2.4%	1,5 M €	-15.4%	1,8 M €	+72.0%	1 M €	+10.9%	946,9 k €	+13.3%	835,5 k €	+13.6%	735,8 k €	+72.8%	425,8 k €	-8.6%	465,7 k €	+169%	173,1 k €
Debts	1,6 M €	-11.5%	1,8 M €	+57.5%	1,2 M €	-35.3%	1,8 M €	-22.7%	2,3 M €	+1.1%	2,3 M €	-16.2%	2,7 M €	-24.3%	3,6 M €	+463%	637,6 k €	-24.0%	839 k €	-13.4%	968,9 k €	-1.9%	987,7 k €	-28.1%	1,4 M €	+14.8%	1,2 M €	-16.9%	1,4 M €	+13.9%	1,3 M €	+24.4%	1 M €	-3.1%	1 M €	-1.4%	1,1 M €	+26.7%	838 k €
Other
Workforce	28,0 ETP	+6.9%	26,2 ETP	+32.3%	19,8 ETP	-0.5%	19,9 ETP	-0.5%	20,0 ETP	+4.7%	19,1 ETP	+14.4%	16,7 ETP	+0.6%	16,6 ETP	-6.7%	17,8 ETP	-9.6%	19,7 ETP	-3.0%	20,3 ETP	0.0%	20,3 ETP	-4.2%	21,2 ETP	+6.5%	19,9 ETP	+9.3%	18,2 ETP	+1.7%	17,9 ETP	-0.6%	18,0 ETP	-0.6%	18,1 ETP	-0.5%	18,2 ETP	+0.6%	18,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Danish Fluid System Technologies A/S

Mandate

Represented by Finn Hoest

Active

Ended mandates

Danish Fluid System Technologies A/S

Director · since 11 décembre 2023

Represented by Finn Hoest

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Manager · since 01 janvier 2018 · 0682.554.158

Represented by Barry Waller

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Director · until 11 décembre 2023 · 0682.554.158

Represented by Finn Hoest

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Director · 0682.554.158

Represented by Barry Waller

Ended

At this address

Other companies at this address

Company	CBE no.
ADECCO PERSONNEL SERVICES● Active	0404.221.962
JOHNSON WAX SERVICE PRODUCTS● Liquidation	0416.677.851

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full 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	08/06/2026	25/06/2025	23/05/2024	02/06/2023	01/09/2022	06/09/2021
General meeting	14/05/2026	29/05/2025	10/05/2024	01/06/2023	31/08/2022	30/08/2021
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
Abridged model	31/12/2025	14/05/2026	08/06/2026	Dutch	PDF
Abridged model	31/12/2024	29/05/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	02/06/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	01/09/2022	Dutch	PDF
Full model	31/12/2020	30/08/2021	06/09/2021	Dutch	PDF
Full model	31/12/2019	14/05/2020	23/10/2020	Dutch	PDF
Full model	31/12/2018	09/05/2019	17/07/2019	Dutch	PDF
Full model	31/12/2017	11/05/2018	16/05/2018	Dutch	PDF
Full model	31/12/2016	11/05/2017	27/05/2017	Dutch	PDF
Full model	31/12/2015	12/05/2016	19/05/2016	Dutch	PDF
Full model	31/12/2014	23/04/2015	16/07/2015	Dutch	PDF
Full model	31/12/2013	17/04/2014	15/05/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	01/04/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/04/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	27/03/2008	21/05/2008	Dutch	PDF
Abridged model	31/12/2006	10/05/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 7 ended

Active mandates

Danish Fluid System Technologies A/S

Mandate

Represented by Finn Hoest

Active

Ended mandates

Danish Fluid System Technologies A/S

Director · since 11 décembre 2023

Represented by Finn Hoest

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Manager · since 01 janvier 2018 · 0682.554.158

Represented by Barry Waller

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Director · until 11 décembre 2023 · 0682.554.158

Represented by Finn Hoest

Ended

JAB FLUID SYSTEM TECHNOLOGIES

Director · 0682.554.158

Represented by Barry Waller

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates17/01/2018
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 2025-59,8 k €↓
2024
Annual accounts 2024503 k €↓
2023
Annual accounts 2023678,1 k €↑
2022
Annual accounts 2022324,3 k €↑
2021
Annual accounts 2021259,4 k €↓
2020
Annual accounts 2020383 k €↓
2019
Annual accounts 2019522,6 k €↓
2018
Annual accounts 2018792,7 k €↑
2017
Annual accounts 2017471,6 k €↑
2016
Annual accounts 2016462,5 k €↑
2015
Annual accounts 2015195,6 k €↓
2014
Annual accounts 2014435,7 k €↓
2013
Annual accounts 2013827,8 k €↑
2012
Annual accounts 2012594,7 k €↓
2011
Annual accounts 2011773,8 k €↑
2010
Annual accounts 2010439,5 k €↓
2009
Annual accounts 2009473,8 k €↓
2008
Annual accounts 2008558,3 k €↑
2007
Annual accounts 2007529,5 k €↑
2006
Annual accounts 2006379,5 k €
25/06/2001
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

BELGIAN FLUID SYSTEM TECHNOLOGIES

Overview

What does BELGIAN FLUID SYSTEM TECHNOLOGIES do?

Trend over 20 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