ACTIVE

FALCON & HEDGE

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Financial year 2024 · closed on 31/12/2024

Net result

427,4 k €

-8.5% YoY

Revenue

314,9 k €

+19.3% YoY

Equity

4,9 M €

+9.6% YoY

Workforce

0,6 ETP

0.0% YoY

What does FALCON & HEDGE do?

FALCON & HEDGE is a Public limited company incorporated in 2002. Its registered office is in Harelbeke. It employs on average 0,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.703.035

Incorporation

18/01/2002

Legal form

Public limited company

Registered office

Blauwhuisstraat 31
8531 Harelbeke · FlandreSee on map

Contributed capital

3 187 000,00 €

Latest accounts

31/12/2024

Average workforce

0,6 ETP

Joint committees (4)

200
20000
200000
218

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	314,9 k €	+19.3%	264 k €	+10.0%	240 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	156 k €	+4.9%	148,7 k €	+64.8%	90,2 k €	-29.4%	127,8 k €	+20.0%	106,5 k €	-19.8%	132,8 k €	-70.6%	452,4 k €	+153%	178,6 k €	+746%	21,1 k €	-52.5%	44,4 k €	-17.5%	53,8 k €	-49.3%	106,1 k €	+104%	51,9 k €	-57.1%	120,9 k €	+48.6%	81,3 k €	+1.1%	80,4 k €	-48.4%	155,8 k €
Operating result	90,5 k €	+4.8%	86,3 k €	+60.8%	53,7 k €	-54.4%	117,8 k €	+13.4%	103,9 k €	-21.8%	132,8 k €	-70.6%	452,4 k €	+153%	178,6 k €	+1036%	15,7 k €	-59.7%	39 k €	-19.4%	48,4 k €	-51.9%	100,7 k €	+120%	45,7 k €	-60.2%	114,7 k €	+52.6%	75,1 k €	+1.2%	74,2 k €	-50.4%	149,6 k €
Net result	427,4 k €	-8.5%	467 k €	-44.0%	834,2 k €	+5430%	15,1 k €	+896%	1,5 k €	-79.9%	7,5 k €	-97.5%	306,8 k €	+2425%	12,2 k €	+108%	-151 k €	-5.2%	-143,5 k €	+13.4%	-165,7 k €	-1146%	15,8 k €	+294%	-8,2 k €	-123%	35,6 k €	+518%	5,8 k €	+2.4%	5,6 k €	-89.6%	54,2 k €
Balance sheet
Equity	4,9 M €	+9.6%	4,4 M €	+11.8%	4 M €	+26.6%	3,1 M €	+1.9%	3,1 M €	+0.0%	3,1 M €	+0.2%	3,1 M €	+11.1%	2,8 M €	+0.4%	2,7 M €	-5.2%	2,9 M €	-4.7%	3 M €	-5.2%	3,2 M €	+223%	993,8 k €	-18.0%	1,2 M €	+3.0%	1,2 M €	+0.5%	1,2 M €	+0.5%	1,2 M €
Total assets	8,5 M €	-0.1%	8,5 M €	-0.6%	8,6 M €	+1.9%	8,4 M €	+30.8%	6,4 M €	-2.9%	6,6 M €	+0.1%	6,6 M €	-0.3%	6,6 M €	-0.1%	6,6 M €	-0.7%	6,7 M €	-0.4%	6,7 M €	+0.8%	6,7 M €	+196%	2,2 M €	-3.3%	2,3 M €	-6.1%	2,5 M €	-0.0%	2,5 M €	-1.4%	2,5 M €
Cash	8 k €	+15.0%	7 k €	-49.4%	13,8 k €	+46.1%	9,4 k €	-87.5%	75,3 k €	+1286%	5,4 k €	+757%	633,8 €	-88.8%	5,7 k €	-51.9%	11,8 k €	-25.0%	15,7 k €	+68.2%	9,3 k €	-48.7%	18,2 k €	-25.9%	24,5 k €	+394%	5 k €	-78.5%	23,1 k €	+186%	8,1 k €	-84.7%	52,6 k €
Debts	3,6 M €	-12.4%	4,1 M €	-11.7%	4,6 M €	-12.7%	5,3 M €	+57.4%	3,4 M €	-5.5%	3,6 M €	+0.1%	3,5 M €	-8.4%	3,9 M €	-0.4%	3,9 M €	+2.8%	3,8 M €	+3.2%	3,7 M €	+6.3%	3,5 M €	+175%	1,3 M €	+12.7%	1,1 M €	-14.4%	1,3 M €	-0.5%	1,3 M €	-3.1%	1,3 M €
Other
Workforce	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	+20.0%	0,5 ETP		–		–		0,5 ETP	0.0%	0,5 ETP	-37.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-38.5%	1,3 ETP	0.0%	1,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 16 ended

Active mandates

Antoine VERVAEKE

Managing director · since 19 janvier 2023 · until 29 mai 2028

Active

Nathalie Verhaeghe

Director · since 19 janvier 2023 · until 29 mai 2028

Active

Ended mandates

Antoine VERVAEKE

Managing director · since 18 janvier 2023 · until 29 mai 2028

Ended

Nathalie Verhaeghe

Director · since 18 janvier 2023 · until 29 mai 2028

Ended

Nathalie Vervaeghe

Director · since 18 janvier 2023 · until 29 mai 2028

Ended

Antoine VERVAEKE

Managing director · since 30 juin 2019 · until 26 mai 2025

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	18/07/2024	24/07/2023	20/06/2022	30/08/2021	31/08/2020
General meeting	30/06/2025	24/06/2024	30/06/2023	30/05/2022	30/06/2021	30/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	24/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	30/05/2022	20/06/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	31/08/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	07/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	31/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 2 active · 16 ended

Active mandates

Antoine VERVAEKE

Managing director · since 19 janvier 2023 · until 29 mai 2028

Active

Nathalie Verhaeghe

Director · since 19 janvier 2023 · until 29 mai 2028

Active

Ended mandates

Antoine VERVAEKE

Managing director · since 18 janvier 2023 · until 29 mai 2028

Ended

Nathalie Verhaeghe

Director · since 18 janvier 2023 · until 29 mai 2028

Ended

Nathalie Vervaeghe

Director · since 18 janvier 2023 · until 29 mai 2028

Ended

Antoine VERVAEKE

Managing director · since 30 juin 2019 · until 26 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/11/2011
KAPITAAL - AANDELEN
PDF
Mandates30/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2011
KAPITAAL - AANDELEN
PDF
Mandates05/07/2007
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

2024
Annual accounts 2024427,4 k €↓
2023
Annual accounts 2023467 k €↓
2022
Annual accounts 2022834,2 k €↑
2021
Annual accounts 202115,1 k €↑
2018
Annual accounts 20181,5 k €↓
2017
Annual accounts 20177,5 k €↓
2016
Annual accounts 2016306,8 k €↑
2015
Annual accounts 201512,2 k €↑
2014
Annual accounts 2014-151 k €↓
2013
Annual accounts 2013-143,5 k €↑
2012
Annual accounts 2012-165,7 k €↓
2011
Annual accounts 201115,8 k €↑
2010
Annual accounts 2010-8,2 k €↓
2009
Annual accounts 200935,6 k €↑
2008
Annual accounts 20085,8 k €↑
2007
Annual accounts 20075,6 k €↓
2006
Annual accounts 200654,2 k €
18/01/2002
IncorporationPublic 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

FALCON & HEDGE

Overview

What does FALCON & HEDGE do?

Trend over 17 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