ACTIVE

Flender

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Financial year 2025 · closed on 30/09/2025

Net result

46,8 k €

-78.9% YoY

Gross margin

1,3 M €

-1.2% YoY

Equity

640,8 k €

+7.9% YoY

Workforce

7,8 ETP

+23.8% YoY

What does Flender do?

Flender is a Private limited company incorporated in 2017. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Asse. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0681.642.259

Incorporation

22/09/2017

Legal form

Private limited company

Registered office

Doornveld 30
1731 Asse · Flandre

Contributed capital

540 000,00 €

Latest accounts

30/09/2025

Average workforce

7,8 ETP

Activities (NACE)

33200Installation of industrial machinery and equipment· main 33200Installation of industrial machinery and equipment 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment

Joint committees (2)

209
20902

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	1,3 M €	-1.2%	1,3 M €	+28.1%	1 M €	-13.5%	1,2 M €	+93.6%	599,6 k €		–		–		–
EBITDA	221,7 k €	-50.5%	447,5 k €	+82.8%	244,8 k €	-53.9%	531,1 k €	+408%	104,5 k €	+1625%	6,1 k €	-99.0%	577,5 k €	+290%	148,1 k €
Operating result	108,2 k €	-68.7%	346 k €	+161%	132,6 k €	-70.1%	443,4 k €	+6922%	-6,5 k €	+93.6%	-101,5 k €	-121%	485,1 k €	+1056%	42 k €
Net result	46,8 k €	-78.9%	222 k €	+178%	80 k €	-76.5%	340,5 k €	+1124%	-33,3 k €	+70.6%	-113,1 k €	-136%	315,1 k €	+6504%	4,8 k €
Balance sheet
Equity	640,8 k €	+7.9%	594 k €	-24.2%	784 k €	+11.4%	704 k €	-1.3%	713,5 k €	-4.5%	746,8 k €	-13.2%	859,9 k €	+57.8%	544,8 k €
Total assets	2,1 M €	-28.9%	2,9 M €	-17.8%	3,5 M €	+19.8%	2,9 M €	+9.7%	2,7 M €	+11.6%	2,4 M €	-26.4%	3,3 M €	-2.3%	3,3 M €
Cash	0 €	-100%	35,7 k €	-21.2%	45,3 k €	+26.5%	35,8 k €	+48.4%	24,1 k €	-17.4%	29,2 k €	+7.0%	27,3 k €		–
Debts	1,3 M €	-40.5%	2,2 M €	-16.3%	2,6 M €	+23.9%	2,1 M €	+16.4%	1,8 M €	+23.9%	1,5 M €	-33.3%	2,2 M €	-14.8%	2,6 M €
Other
Workforce	7,8 ETP	+23.8%	6,3 ETP	+5.0%	6,0 ETP	0.0%	6,0 ETP	0.0%	6,0 ETP	-11.8%	6,8 ETP	-1.4%	6,9 ETP	+3.0%	6,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Niels Oosterwijk

Director · since 01 novembre 2017

Active

Dieter Van Schoors

Director · since 21 septembre 2017

Active

Ended mandates

Niels Oosterwijk

Mandate · since 01 novembre 2017

Ended

Niels Oosterwijk

Manager · since 01 novembre 2017

Ended

Dieter Van Schoors

Mandate · since 21 septembre 2017

Ended

Dieter Van Schoors

Manager · since 21 septembre 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/04/2026	19/06/2025	12/11/2024	14/03/2023	31/03/2022	16/02/2021
General meeting	18/03/2026	06/05/2025	24/05/2024	14/02/2023	25/02/2022	09/02/2021
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	18/03/2026	23/04/2026	Dutch	PDF
Abridged model	30/09/2024	06/05/2025	19/06/2025	Dutch	PDF
Abridged model	30/09/2023	24/05/2024	12/11/2024	Dutch	PDF
Abridged model	30/09/2022	14/02/2023	14/03/2023	Dutch	PDF
Abridged model	30/09/2021	25/02/2022	31/03/2022	Dutch	PDF
Full model	30/09/2020	09/02/2021	16/02/2021	Dutch	PDF
Full model	30/09/2019	11/02/2020	19/03/2020	Dutch	PDF
Full model	30/09/2018	12/02/2019	26/02/2019	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Niels Oosterwijk

Director · since 01 novembre 2017

Active

Dieter Van Schoors

Director · since 21 septembre 2017

Active

Ended mandates

Niels Oosterwijk

Mandate · since 01 novembre 2017

Ended

Niels Oosterwijk

Manager · since 01 novembre 2017

Ended

Dieter Van Schoors

Mandate · since 21 septembre 2017

Ended

Dieter Van Schoors

Manager · since 21 septembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/03/2024
KAPITAAL - AANDELEN
PDF
Other23/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates14/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/11/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/10/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates14/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/01/2019
MAATSCHAPPELIJKE ZETEL
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 202546,8 k €↓
2024
Annual accounts 2024222 k €↑
2023
Annual accounts 202380 k €↓
2022
Annual accounts 2022340,5 k €↑
2021
Annual accounts 2021-33,3 k €↑
2020
Annual accounts 2020-113,1 k €↓
2019
Annual accounts 2019315,1 k €↑
2018
Annual accounts 20184,8 k €
22/09/2017
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

Flender

Overview

What does Flender do?

Trend over 8 financial years

Indicative valuation

Board of directors

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