ACTIVE

Flagstone

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Financial year 2025 · closed on 31/12/2025
Net result
-6,5 k €
+70.2% YoY
Gross margin
489 k €
+17.5% YoY
Equity
67,2 k €
-8.8% YoY

What does Flagstone do?

Flagstone is a Private limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0635.607.445
Incorporation
18/08/2015
Legal form
Private limited company
Registered office
Stedestraat 51
8530 Harelbeke · FlandreSee on map
Contributed capital
78 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities73110Advertising agencies73110Advertising agencies58290Other software publishing62020Computer consultancy activities+5
Joint committees (3)
  • 100
  • 200
  • 20000
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin489 k €416,1 k €395,9 k €462,3 k €441,2 k €216,5 k €112,6 k €24,5 k €
EBITDA95,5 k €62,2 k €61,7 k €115,8 k €42,8 k €54,1 k €33,1 k €23,7 k €
Operating result9,8 k €-15,2 k €8,7 k €51,3 k €11,6 k €11,8 k €20,8 k €22,3 k €
Net result-6,5 k €-21,7 k €-3,3 k €33,6 k €782,8 €2,8 k €8,3 k €12,9 k €
Balance sheet
Equity67,2 k €73,7 k €95,4 k €99,7 k €68,6 k €102,6 k €39,8 k €31,5 k €
Total assets264,6 k €271,3 k €271,8 k €310,7 k €300 k €249,5 k €318,4 k €150,1 k €
Cash1,3 k €657,9 €2,9 k €81,7 k €53,9 k €37,1 k €65,2 k €59,6 k €
Debts197,4 k €197,7 k €176,4 k €211 k €231,4 k €146,9 k €278,6 k €118,4 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 31/12/2025 · 1 active · 6 ended

Active mandates

IMPERASOFT

Director · since 17 août 2015 · 0887.906.128

Represented by JURGEN DEKEYSER

Active

Ended mandates

CODE CARE

Manager · since 18 août 2015 · 0538.626.647

Represented by Tsjelle Stevens

Ended
IMPERASOFT

Manager · since 18 août 2015 · 0887.906.128

Represented by Jurgen Dekeyser

Ended
CODE CARE

Director · since 17 août 2015 · until 31 mars 2021 · 0538.626.647

Represented by Tsjelle Stevens

Ended
CODE CARE

Director · since 17 août 2015 · 0538.626.647

Represented by STEVENS TSJELLE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202611/07/202505/07/202411/07/202305/07/202213/07/2021
General meeting21/06/202621/06/202521/06/202421/06/202321/06/202221/06/2021
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 model31/12/202521/06/202624/06/2026DutchPDF
Micro model31/12/202421/06/202511/07/2025DutchPDF
Micro model31/12/202321/06/202405/07/2024DutchPDF
Micro model31/12/202221/06/202311/07/2023DutchPDF
Micro model31/12/202121/06/202205/07/2022DutchPDF
Micro model31/12/202021/06/202113/07/2021DutchPDF
Micro model31/12/201921/06/202030/06/2020DutchPDF
Micro model31/12/201821/06/201924/06/2019DutchPDF
Micro model31/12/201721/06/201828/06/2018DutchPDF
Abridged model31/12/201621/06/201722/06/2017DutchPDF
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 31/12/2025 · 1 active · 6 ended

Active mandates

IMPERASOFT

Director · since 17 août 2015 · 0887.906.128

Represented by JURGEN DEKEYSER

Active

Ended mandates

CODE CARE

Manager · since 18 août 2015 · 0538.626.647

Represented by Tsjelle Stevens

Ended
IMPERASOFT

Manager · since 18 août 2015 · 0887.906.128

Represented by Jurgen Dekeyser

Ended
CODE CARE

Director · since 17 août 2015 · until 31 mars 2021 · 0538.626.647

Represented by Tsjelle Stevens

Ended
CODE CARE

Director · since 17 août 2015 · 0538.626.647

Represented by STEVENS TSJELLE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/11/2018
    KAPITAAL - AANDELEN
    PDF
  • Registered office22/08/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/08/2015
    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. 2025
    Annual accounts 2025-6,5 k €↑
  2. 2024
    Annual accounts 2024-21,7 k €↓
  3. 2023
    Annual accounts 2023-3,3 k €↓
  4. 2022
    Annual accounts 202233,6 k €↑
  5. 2021
    Annual accounts 2021782,8 €↓
  6. 2018
    Annual accounts 20182,8 k €↓
  7. 2017
    Annual accounts 20178,3 k €↓
  8. 2016
    Annual accounts 201612,9 k €
  9. 18/08/2015
    IncorporationPrivate limited company