ACTIVE

FLEXIWATT

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Financial year 2025 · closed on 31/12/2025
Net result
219,3 k €
+172.7% YoY
Gross margin
1,8 M €
Equity
1,8 M €
+13.6% YoY
Workforce
0,0 ETP

What does FLEXIWATT do?

FLEXIWATT is a Public limited company incorporated in 2018. Its main activity is: Electrical installation. Its registered office is in Evere.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0700.949.615
Incorporation
17/08/2018
Legal form
Public limited company
Registered office
Avenue Henry Dunant 31
1140 Evere · BruxellesSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation35110Production of electricity35110Production of electricity
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,8 M €––––
EBITDA1,8 M €1,2 M €1,7 M €2 M €1,5 M €
Operating result446,9 k €-66,7 k €572,3 k €927,7 k €612,3 k €
Net result219,3 k €-301,7 k €402,9 k €802,7 k €474,7 k €
Balance sheet
Equity1,8 M €1,6 M €1,9 M €1,9 M €1,5 M €
Total assets9,9 M €11,1 M €12,4 M €10,3 M €10 M €
Cash951,9 k €1 M €1,6 M €626,3 k €537,7 k €
Debts7,9 M €9,4 M €10,4 M €8,2 M €8,4 M €
Other
Workforce0,0 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Cédric Ancion

Director · since 25 juin 2025 · until 10 juin 2031

Active
MACFIN

Director · since 25 juin 2025 · until 10 juin 2031 · 1005.650.468

Represented by Ancion Jean-Michel

Active
PANDO HOLDING

Director · since 25 juin 2025 · until 10 juin 2031 · 0707.656.966

Represented by Jonlet Christophe

Active
Philippe Rochez

Director · since 11 juin 2024 · until 13 juin 2028

Active

Ended mandates

Dean Van Raemdonck

Director · since 11 juin 2024 · until 13 juin 2028

Ended
Jean-Michel Ancion

Director · since 11 juin 2024 · until 13 juin 2028

Ended
Dean Van Raemdonck

Director · since 01 septembre 2020 · until 17 août 2024

Ended
Françoise Sotiau

Director · since 17 août 2018 · until 01 septembre 2020

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date29/06/202631/07/202518/06/202430/06/202305/07/202228/06/2021
General meeting23/06/202626/06/202511/06/202428/06/202328/06/202208/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202629/06/2026FrenchPDF
Full model31/12/202426/06/202531/07/2025FrenchPDF
Full model31/12/202311/06/202418/06/2024FrenchPDF
Full model31/12/202228/06/202330/06/2023FrenchPDF
Full model31/12/202128/06/202205/07/2022FrenchPDF
Full model31/12/202008/06/202128/06/2021FrenchPDF
Full model31/12/201924/06/202015/07/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 4 active · 7 ended

Active mandates

Cédric Ancion

Director · since 25 juin 2025 · until 10 juin 2031

Active
MACFIN

Director · since 25 juin 2025 · until 10 juin 2031 · 1005.650.468

Represented by Ancion Jean-Michel

Active
PANDO HOLDING

Director · since 25 juin 2025 · until 10 juin 2031 · 0707.656.966

Represented by Jonlet Christophe

Active
Philippe Rochez

Director · since 11 juin 2024 · until 13 juin 2028

Active

Ended mandates

Dean Van Raemdonck

Director · since 11 juin 2024 · until 13 juin 2028

Ended
Jean-Michel Ancion

Director · since 11 juin 2024 · until 13 juin 2028

Ended
Dean Van Raemdonck

Director · since 01 septembre 2020 · until 17 août 2024

Ended
Françoise Sotiau

Director · since 17 août 2018 · until 01 septembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/08/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/07/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office15/05/2023
    SIEGE SOCIAL
    PDF
  • Mandates31/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/04/2020
    MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other21/08/2018
    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 2025219,3 k €↑
  2. 2025
    Name changeFLEXIWATT
  3. 2024
    Annual accounts 2024-301,7 k €↓
  4. 2023
    Annual accounts 2023402,9 k €↓
  5. 2022
    Annual accounts 2022802,7 k €↑
  6. 2022
    Name changeENGIE SUN4BUSINESS 2
  7. 2021
    Annual accounts 2021474,7 k €
  8. 2021
    Name changeENGIE SUN4BUSINESS2
  9. 17/08/2018
    IncorporationPublic limited company