ACTIVE

Flanders Tax Shelter

Financial year 2025 · Closed on 31/03/2025

Net result35,8 k €-73,2 %over 1 year
Gross margin755,8 k €+39,7 %over 1 year
Equity245,4 k €+0,4 %over 1 year
Workforce6,3 ETP+16,7 %over 1 year

Identity

Source · BCE/KBO

Flanders Tax Shelter is a Private limited company incorporated in 2015. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Gent. It employs on average 6,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0600.972.012
Incorporation
13/03/2015
Legal form
Private limited company
Registered office
Deinsesteenweg 108
9031 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
6,3 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 5 financial years

20252024202320222019
Income statement
Gross margin755,8 k €541 k €390,4 k €318,4 k €159 k €
EBITDA272,2 k €186,6 k €149,5 k €180,4 k €116,6 k €
Operating result102,6 k €182,3 k €146,2 k €175,2 k €112,6 k €
Net result35,8 k €133,6 k €134 k €160,6 k €70,6 k €
Balance sheet
Equity245,4 k €244,5 k €237,5 k €237,5 k €127,5 k €
Total assets980,1 k €941,3 k €1,3 M €928,4 k €549,6 k €
Cash644,6 k €580,3 k €901,7 k €567,1 k €106,8 k €
Debts734,8 k €696,8 k €1,1 M €690,9 k €422 k €
Other
Workforce6,3 ETP5,4 ETP3,2 ETP2,6 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 8 ended

Active mandates

Hiverco

Bestuurder · since 13 février 2020 · 0818.899.140

Represented by Pieter DEWINTER

Active
NAVITO

Bestuurder · since 13 février 2020 · 0600.784.940

Represented by Tom NOTTE

Active

Ended mandates

Hiverco

Director · since 13 février 2020 · 0818.899.140

Represented by Pieter DEWINTER

Ended
HIVERCO BV

Bestuurder · since 13 février 2020

Represented by Pieter DEWINTER

Ended
NAVITO

Director · since 13 février 2020 · 0600.784.940

Represented by Tom NOTTE

Ended
NAVITO BV

Bestuurder · since 13 février 2020

Represented by Tom NOTTE

Ended

Other companies at this address

Deinsesteenweg 108 9031 Gent
CompanyCBE no.
0888.293.534
0460.289.348
0695.642.428
0507.743.728
WENGLOR● Active
0447.310.253

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/03/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months13 months
Filing date14/10/202530/10/202430/10/202327/10/202227/10/202130/10/2020
General meeting18/09/202529/10/202430/09/202330/09/202230/09/202130/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202518/09/202514/10/2025DutchPDF
Abridged model31/03/202429/10/202430/10/2024DutchPDF
Abridged model31/03/202330/09/202330/10/2023DutchPDF
Abridged model31/03/202230/09/202227/10/2022DutchPDF
Abridged model31/03/202130/09/202127/10/2021DutchPDF
Abridged model31/03/202030/09/202030/10/2020DutchPDF
Abridged model28/02/201912/07/201912/07/2019DutchPDF
Abridged model28/02/201814/08/201814/09/2018DutchPDF
Abridged model28/02/201728/06/201729/06/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 8 ended

Active mandates

Hiverco

Bestuurder · since 13 février 2020 · 0818.899.140

Represented by Pieter DEWINTER

Active
NAVITO

Bestuurder · since 13 février 2020 · 0600.784.940

Represented by Tom NOTTE

Active

Ended mandates

Hiverco

Director · since 13 février 2020 · 0818.899.140

Represented by Pieter DEWINTER

Ended
HIVERCO BV

Bestuurder · since 13 février 2020

Represented by Pieter DEWINTER

Ended
NAVITO

Director · since 13 février 2020 · 0600.784.940

Represented by Tom NOTTE

Ended
NAVITO BV

Bestuurder · since 13 février 2020

Represented by Tom NOTTE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/03/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office14/06/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/07/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other17/03/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202535,8 k €↓
  2. 2024
    Annual accounts 2024133,6 k €↓
  3. 2023
    Annual accounts 2023134 k €↓
  4. 2022
    Annual accounts 2022160,6 k €↑
  5. 2019
    Annual accounts 201970,6 k €
  6. 13/03/2015
    IncorporationPrivate limited company