ACTIVE

FLOW TECH INDUSTRIES

Financial year 2024 · closed on 31/12/2024
Net result
156 k €
-6.2% YoY
Gross margin
-1,1 M €
-584.6% YoY
Equity
171 k €
+1044.4% YoY

What does FLOW TECH INDUSTRIES do?

FLOW TECH INDUSTRIES is a Private limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0548.826.988
Incorporation
24/03/2014
Legal form
Private limited company
Registered office
Jan van Eyckplein 2
8000 Brugge · FlandreSee on map
Contributed capital
21 000,00 €
Latest accounts
31/12/2024
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2024202320222021202020192018201720162015
Income statement
Gross margin-1,1 M €227,4 k €1,1 M €-72,4 k €-41,2 k €-17,1 k €-6,7 k €-49,5 k €135,8 k €199,7 k €
EBITDA-1,1 M €209,6 k €1,1 M €-72,8 k €-41,9 k €-17,5 k €-7,5 k €-50 k €133,9 k €198,8 k €
Operating result152,7 k €157,3 k €-189,1 k €-72,9 k €-43,6 k €-19,4 k €-9,4 k €-50,8 k €131,3 k €194,4 k €
Net result156 k €166,3 k €-189,5 k €-73,6 k €-43,8 k €-19,7 k €-9,9 k €-50,9 k €86,9 k €128,1 k €
Balance sheet
Equity171 k €14,9 k €-151,4 k €38,1 k €111,7 k €155,5 k €175,2 k €185,1 k €236 k €149,1 k €
Total assets453,8 k €1,3 M €1,1 M €46,1 k €157,4 k €264,9 k €285,9 k €299,5 k €472,2 k €270,5 k €
Cash278,3 k €205,8 k €1,1 M €28,4 k €120,7 k €197 k €257,4 k €210,8 k €329,7 k €91,4 k €
Debts282,9 k €30,5 k €19,1 k €6,5 k €44,2 k €108 k €109,2 k €112,9 k €233,4 k €119,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

ARCH-E-TECT.NET

Director · 0471.457.909

Represented by Steven Gailliaert

Active
RF DESIGN BELGIUM

Director · 0463.451.152

Active

Ended mandates

ARCH-E-TECT.NET

Manager · 0471.457.909

Represented by Steven Gailliaert

Ended
FLEXIMA

Manager · 0808.969.013

Represented by Frederick Eyland

Ended
FLEXIMA

Director · until 28 octobre 2022 · 0808.969.013

Ended
FLEXIMA

Director · 0808.969.013

Ended
At this address

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0454.832.901
0761.775.444
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date25/08/202529/08/202401/09/202327/08/202222/07/202130/09/2020
General meeting26/06/202520/06/202422/06/202323/06/202224/06/202125/06/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/06/202525/08/2025DutchPDF
Micro model31/12/202320/06/202429/08/2024DutchPDF
Micro model31/12/202222/06/202301/09/2023DutchPDF
Micro model31/12/202123/06/202227/08/2022DutchPDF
Micro model31/12/202024/06/202122/07/2021DutchPDF
Micro model31/12/201925/06/202030/09/2020DutchPDF
Micro model31/12/201827/06/201924/07/2019DutchPDF
Micro model31/12/201728/06/201827/07/2018DutchPDF
Micro model31/12/201622/06/201730/08/2017DutchPDF
Abridged model31/12/201523/06/201627/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 6 ended

Active mandates

ARCH-E-TECT.NET

Director · 0471.457.909

Represented by Steven Gailliaert

Active
RF DESIGN BELGIUM

Director · 0463.451.152

Active

Ended mandates

ARCH-E-TECT.NET

Manager · 0471.457.909

Represented by Steven Gailliaert

Ended
FLEXIMA

Manager · 0808.969.013

Represented by Frederick Eyland

Ended
FLEXIMA

Director · until 28 octobre 2022 · 0808.969.013

Ended
FLEXIMA

Director · 0808.969.013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office31/01/2023
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Mandates14/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/03/2014
    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

Timeline

  1. 2024
    Annual accounts 2024156 k €
  2. 2023
    Annual accounts 2023166,3 k €
  3. 2022
    Annual accounts 2022-189,5 k €
  4. 2021
    Annual accounts 2021-73,6 k €
  5. 2020
    Annual accounts 2020-43,8 k €
  6. 2019
    Annual accounts 2019-19,7 k €
  7. 2018
    Annual accounts 2018-9,9 k €
  8. 2017
    Annual accounts 2017-50,9 k €
  9. 2016
    Annual accounts 201686,9 k €
  10. 2015
    Annual accounts 2015128,1 k €
  11. 24/03/2014
    IncorporationPrivate limited company