ACTIVE

Flaxtrade

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Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
-10.2% YoY
Revenue
43,9 M €
+14.2% YoY
Equity
9,2 M €
+15.1% YoY

What does Flaxtrade do?

Flaxtrade is a Private limited company incorporated in 2015. Its main activity is: Support activities for transportation. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.684.773
Incorporation
27/11/2015
Legal form
Private limited company
Registered office
Rue de la Forêt(BL) 3
7522 Tournai · WallonieSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
52250Support activities for transportation· main52290Other transportation support activities01630Post-harvest crop activities01640Seed processing for propagation46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Revenue43,9 M €38,5 M €40,3 M €58 M €53 M €42,3 M €36,9 M €27,4 M €30,3 M €16,5 M €
EBITDA2,7 M €1,8 M €1,9 M €-20,3 k €3,7 M €1,4 M €378,1 k €345,3 k €696,2 k €781,7 k €
Operating result2,6 M €1,8 M €1,8 M €-30,9 k €3,7 M €1,4 M €367,1 k €334,2 k €685,1 k €767,8 k €
Net result1,2 M €1,3 M €995,6 k €955,6 k €2,9 M €559,3 k €357,2 k €237,2 k €28,1 k €467,7 k €
Balance sheet
Equity9,2 M €8 M €6,7 M €5,7 M €4,7 M €1,8 M €1,2 M €883,1 k €645,8 k €617,7 k €
Total assets15,2 M €22,6 M €18,7 M €21,4 M €26,5 M €23,1 M €12,4 M €10,2 M €12,5 M €13,5 M €
Cash729,2 k €5,2 M €573,1 k €1,4 M €6,1 M €3,3 M €968,1 k €1,2 M €1,5 M €995,2 k €
Debts5,9 M €14,5 M €12 M €15,8 M €21,8 M €21,3 M €11,1 M €9,3 M €11,8 M €12,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

Evelien VERMOTE

Director

Active
GUY VANHULLE

Director

Active
Raphaël VANHULLE

Director

Active

Ended mandates

Evelien VERMOTE

Manager

Ended
GUY VANHULLE

Manager

Ended
Raphaël VANHULLE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date27/08/202611/08/202529/08/202431/08/202331/08/202231/08/2021
General meeting28/07/202626/07/202527/08/202431/08/202313/08/202214/08/2021
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
Full model31/12/202528/07/202627/08/2026FrenchPDF
Full model31/12/202426/07/202511/08/2025FrenchPDF
Full model31/12/202327/08/202429/08/2024FrenchPDF
Full model31/12/202231/08/202331/08/2023FrenchPDF
Full model31/12/202113/08/202231/08/2022FrenchPDF
Full model31/12/202014/08/202131/08/2021FrenchPDF
Full model31/12/201910/10/202031/10/2020FrenchPDF
Full model31/12/201810/08/201930/08/2019FrenchPDF
Full model31/12/201711/08/201831/08/2018FrenchPDF
Full model31/12/201612/08/201731/08/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

Evelien VERMOTE

Director

Active
GUY VANHULLE

Director

Active
Raphaël VANHULLE

Director

Active

Ended mandates

Evelien VERMOTE

Manager

Ended
GUY VANHULLE

Manager

Ended
Raphaël VANHULLE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office14/01/2016
    SIEGE SOCIAL
    PDF
  • Other01/12/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20251,2 M €↓
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 2023995,6 k €↑
  4. 2022
    Annual accounts 2022955,6 k €↓
  5. 2021
    Annual accounts 20212,9 M €↑
  6. 2020
    Annual accounts 2020559,3 k €↑
  7. 2019
    Annual accounts 2019357,2 k €↑
  8. 2018
    Annual accounts 2018237,2 k €↑
  9. 2017
    Annual accounts 201728,1 k €↓
  10. 2016
    Annual accounts 2016467,7 k €
  11. 27/11/2015
    IncorporationPrivate limited company