ACTIVE

EUROFLEX

Financial year 2024 · closed on 31/12/2024
Net result
22,1 k €
+162.6% YoY
Gross margin
36 k €
+15901.0% YoY
Equity
66,2 k €
+50.0% YoY

What does EUROFLEX do?

EUROFLEX is a Private company with limited liability incorporated in 2002. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Aalter.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.862.193
Incorporation
06/02/2002
Legal form
Private company with limited liability
Registered office
Ambachtenlaan 14
9880 Aalter · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Joint committees (5)
  • 124
  • 1240
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin36 k €-227,5 €16,2 k €2,8 k €52,3 k €76,4 k €108,6 k €109,6 k €133,4 k €160,4 k €263 k €305,3 k €311,7 k €189,5 k €233,4 k €213,5 k €180,6 k €
EBITDA29,6 k €-27,9 k €-25,4 k €-36,1 k €-21,4 k €-18,9 k €-9,3 k €15,9 k €32 k €39,7 k €104,2 k €92,9 k €118,1 k €-19,4 k €50,8 k €89,4 k €64,3 k €
Operating result25,3 k €-32,2 k €-29,9 k €-41,7 k €-25,4 k €-25,8 k €-15,5 k €3,4 k €-2,1 k €8 k €64,3 k €58,1 k €89,4 k €-38,6 k €29,5 k €61,8 k €41,8 k €
Net result22,1 k €-35,3 k €-32 k €-43,9 k €-26,3 k €-26,8 k €-14,3 k €-1,7 k €-2,3 k €255,5 €47 k €38,4 k €71 k €-35,9 k €11,3 k €46,2 k €35,9 k €
Balance sheet
Equity66,2 k €44,2 k €79,4 k €111,4 k €179 k €205,3 k €232,1 k €246,4 k €248,1 k €250,4 k €250,1 k €223,2 k €184,7 k €113,7 k €149,6 k €124,3 k €78,9 k €
Total assets87,5 k €129 k €144,5 k €166,2 k €232,3 k €261,6 k €274,5 k €294,3 k €286,3 k €294,5 k €321,4 k €297 k €251,8 k €126,2 k €233,4 k €201,4 k €142,9 k €
Cash7,9 k €15,9 k €15,1 k €39,4 k €98,2 k €121,6 k €186,1 k €185,1 k €167,5 k €147,5 k €184,5 k €127,1 k €114,6 k €43,9 k €129,9 k €68,3 k €30,8 k €
Debts20,7 k €84,3 k €65 k €54,8 k €53,4 k €55,3 k €42,4 k €46,5 k €36,9 k €42,8 k €70 k €72,5 k €48,1 k €11,9 k €83,7 k €77,1 k €64 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP2,9 ETP4,5 ETP3,6 ETP3,9 ETP3,7 ETP3,0 ETP2,7 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 · 8 ended

Active mandates

Filip Dury

Administrator - manager · since 20 janvier 2010

Active
Katia Denise Willems

Director · since 30 janvier 2002

Active

Ended mandates

Katia Willems

Manager · since 01 octobre 2010

Ended
Filip Dury

Director · since 20 janvier 2010

Ended
Katia Willems

Director · since 20 janvier 2010

Ended
Filip Dury

Manager · since 01 janvier 2010

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/08/202524/10/202427/09/202329/08/202211/08/202110/07/2020
General meeting28/06/202529/06/202424/06/202325/06/202226/06/202127/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202428/06/202508/08/2025DutchPDF
Micro model31/12/202329/06/202424/10/2024DutchPDF
Micro model31/12/202224/06/202327/09/2023DutchPDF
Micro model31/12/202125/06/202229/08/2022DutchPDF
Micro model31/12/202026/06/202111/08/2021DutchPDF
Abridged model31/12/201927/06/202010/07/2020DutchPDF
Micro model31/12/201829/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201827/09/2018DutchPDF
Micro model31/12/201624/06/201724/08/2017DutchPDF
Abridged model31/12/201525/06/201628/08/2016DutchPDF
Abridged model31/12/201427/06/201503/07/2015DutchPDF
Abridged model31/12/201328/06/201402/07/2014DutchPDF
Abridged model31/12/201229/06/201304/07/2013DutchPDF
Abridged model31/12/201130/06/201212/07/2012DutchPDF
Abridged model31/12/201025/06/201112/07/2011DutchPDF
Abridged model31/12/200926/06/201020/08/2010DutchPDF
Abridged model31/12/200827/06/200918/08/2009DutchPDF
Abridged model31/12/200728/06/200831/08/2008DutchPDF
Abridged model31/12/200623/06/200729/08/2007DutchPDF
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 · 8 ended

Active mandates

Filip Dury

Administrator - manager · since 20 janvier 2010

Active
Katia Denise Willems

Director · since 30 janvier 2002

Active

Ended mandates

Katia Willems

Manager · since 01 octobre 2010

Ended
Filip Dury

Director · since 20 janvier 2010

Ended
Katia Willems

Director · since 20 janvier 2010

Ended
Filip Dury

Manager · since 01 janvier 2010

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202422,1 k €
  2. 2023
    Annual accounts 2023-35,3 k €
  3. 2022
    Annual accounts 2022-32 k €
  4. 2021
    Annual accounts 2021-43,9 k €
  5. 2018
    Annual accounts 2018-26,3 k €
  6. 2017
    Annual accounts 2017-26,8 k €
  7. 2016
    Annual accounts 2016-14,3 k €
  8. 2015
    Annual accounts 2015-1,7 k €
  9. 2014
    Annual accounts 2014-2,3 k €
  10. 2013
    Annual accounts 2013255,5 €
  11. 2012
    Annual accounts 201247 k €
  12. 2011
    Annual accounts 201138,4 k €
  13. 2010
    Annual accounts 201071 k €
  14. 2009
    Annual accounts 2009-35,9 k €
  15. 2008
    Annual accounts 200811,3 k €
  16. 2007
    Annual accounts 200746,2 k €
  17. 2006
    Annual accounts 200635,9 k €
  18. 06/02/2002
    IncorporationPrivate company with limited liability