ACTIVE

FLATLINE

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Financial year 2025 · closed on 31/03/2025

Net result

9,7 k €

-35.5% YoY

Gross margin

48,7 k €

-8.1% YoY

Equity

375,2 k €

+2.6% YoY

What does FLATLINE do?

FLATLINE is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Zaventem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0502.893.431

Incorporation

30/01/2013

Legal form

Private limited company

Registered office

Leuvensesteenweg 392
1932 Zaventem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014
Income statement
Gross margin	48,7 k €	-8.1%	53 k €	+37.5%	38,5 k €	-23.9%	50,6 k €	+6.9%	47,4 k €	-66.7%	142,1 k €	+14.1%	124,5 k €	+26.5%	98,4 k €	+24.4%	79,1 k €	+121%	35,7 k €	-17.4%	43,3 k €
EBITDA	41 k €	-14.3%	47,8 k €	+26.1%	37,9 k €	-24.7%	50,3 k €	+7.1%	47 k €	+187%	16,4 k €	+162%	-26,3 k €	-127%	98,1 k €	+24.6%	78,7 k €	+122%	35,4 k €	-17.2%	42,8 k €
Operating result	16,6 k €	-28.8%	23,4 k €	+65.9%	14,1 k €	-50.8%	28,6 k €	+6.9%	26,8 k €	+180%	9,6 k €	+124%	-40,3 k €	-156%	72 k €	+12.3%	64,1 k €	+168%	23,9 k €	-7.3%	25,8 k €
Net result	9,7 k €	-35.5%	15 k €	-92.9%	210,8 k €	+875%	21,6 k €	+1.6%	21,3 k €	+237%	6,3 k €	+116%	-40,5 k €	-182%	49,1 k €	-6.7%	52,7 k €	+208%	17,1 k €	-7.9%	18,5 k €
Balance sheet
Equity	375,2 k €	+2.6%	365,5 k €	+4.3%	350,5 k €	+151%	139,8 k €	+18.3%	118,1 k €	+22.0%	96,9 k €	+7.0%	90,6 k €	-30.9%	131 k €	+60.0%	81,9 k €	+51.0%	54,2 k €	+46.0%	37,1 k €
Total assets	459 k €	+2.3%	448,5 k €	-1.4%	454,9 k €	+56.9%	290 k €	+5.6%	274,5 k €	-2.1%	280,4 k €	+33.8%	209,6 k €	+16.2%	180,4 k €	+2.8%	175,6 k €	+46.3%	120 k €	+12.9%	106,3 k €
Cash	103,8 k €	+405%	20,6 k €	-84.6%	133,8 k €	+50.8%	88,7 k €	+50.2%	59,1 k €	-56.6%	136 k €	+233%	40,8 k €	+790%	4,6 k €	-93.1%	66,2 k €	+276%	17,6 k €	+88.7%	9,3 k €
Debts	83,8 k €	+1.0%	82,9 k €	-20.5%	104,4 k €	-30.5%	150,2 k €	-3.9%	156,3 k €	-14.8%	183,5 k €	+54.2%	119 k €	+141%	49,4 k €	-47.3%	93,7 k €	+42.5%	65,7 k €	-4.9%	69,1 k €

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 31/03/2025 · 3 active · 6 ended

Active mandates

Gert August M Backx

Director · since 01 octobre 2024

Active

Katleen Schelkens

Director · since 19 juin 2023 · until 10 juin 2025

Active

KRISTOF VANDERVEKEN

Director · since 11 février 2013

Active

Ended mandates

Katleen Schelkens

Director · since 27 juin 2023

Ended

Kristof Vanderveken

Director · since 24 janvier 2013

Ended

Kristof Vanderveken

Administrator - manager · since 24 janvier 2013

Ended

KRISTOF VANDERVEKEN

Manager · since 24 janvier 2013

Ended

At this address

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DEDUNU SOCIAAL PROJECT SRI LANKA● Active	0476.452.617

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/09/2025	15/10/2024	02/10/2023	26/09/2022	28/09/2021	29/09/2020
General meeting	02/09/2025	02/09/2024	02/09/2023	02/09/2022	02/09/2021	02/09/2020
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	02/09/2025	15/09/2025	Dutch	PDF
Micro model	31/03/2024	02/09/2024	15/10/2024	Dutch	PDF
Micro model	31/03/2023	02/09/2023	02/10/2023	Dutch	PDF
Micro model	31/03/2022	02/09/2022	26/09/2022	Dutch	PDF
Micro model	31/03/2021	02/09/2021	28/09/2021	Dutch	PDF
Micro model	31/03/2020	02/09/2020	29/09/2020	Dutch	PDF
Micro model	31/03/2019	02/09/2019	23/10/2019	Dutch	PDF
Micro model	31/03/2018	03/09/2018	24/09/2018	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	03/12/2015	14/12/2015	Dutch	PDF
Abridged model	30/06/2014	03/12/2014	30/01/2015	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 31/03/2025 · 3 active · 6 ended

Active mandates

Gert August M Backx

Director · since 01 octobre 2024

Active

Katleen Schelkens

Director · since 19 juin 2023 · until 10 juin 2025

Active

KRISTOF VANDERVEKEN

Director · since 11 février 2013

Active

Ended mandates

Katleen Schelkens

Director · since 27 juin 2023

Ended

Kristof Vanderveken

Director · since 24 janvier 2013

Ended

Kristof Vanderveken

Administrator - manager · since 24 janvier 2013

Ended

KRISTOF VANDERVEKEN

Manager · since 24 janvier 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
Ontslag bestuurder
PDF
Mandates16/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other31/05/2017
DOEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office14/09/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other11/02/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20259,7 k €↓
2024
Annual accounts 202415 k €↓
2023
Annual accounts 2023210,8 k €↑
2022
Annual accounts 202221,6 k €↑
2021
Annual accounts 202121,3 k €↑
2020
Annual accounts 20206,3 k €↑
2019
Annual accounts 2019-40,5 k €↓
2018
Annual accounts 201849,1 k €↓
2016
Annual accounts 201652,7 k €↑
2015
Annual accounts 201517,1 k €↓
2014
Annual accounts 201418,5 k €
30/01/2013
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

FLATLINE

Overview

What does FLATLINE do?

Trend over 11 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