NORMAL SITUATION

FLOWTEC SOLUTIONS

Financial year 2024 · closed on 31/03/2024
Net result
94,2 k €
-31.1% YoY
Gross margin
234,7 k €
-61.2% YoY
Equity
363,6 k €
+30.1% YoY
Workforce
1,4 ETP
-69.6% YoY

Company — Normal situation.

What does FLOWTEC SOLUTIONS do?

FLOWTEC SOLUTIONS is a company registered in Belgium. It employs on average 1,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0723.826.371
Legal form
Private company with limited liability
Contributed capital
18 550,00 €
Latest accounts
31/03/2024
Average workforce
1,4 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin234,7 k €604,9 k €410,9 k €396,9 k €582,1 k €
EBITDA143,8 k €196,3 k €182,1 k €91,1 k €99,3 k €
Operating result137,8 k €188,9 k €175,6 k €87,3 k €97,6 k €
Net result94,2 k €136,8 k €128,5 k €63,3 k €70,4 k €
Balance sheet
Equity363,6 k €279,5 k €156,7 k €137,2 k €88,9 k €
Total assets598,6 k €517,6 k €510,1 k €342,9 k €485,3 k €
Cash255,6 k €280,6 k €202 k €237,9 k €327,6 k €
Debts163,9 k €238 k €353,4 k €205,7 k €396,4 k €
Other
Workforce1,4 ETP4,6 ETP4,4 ETP5,6 ETP6,1 ETP
Governance

Board of directors

Seen on filing of 31/03/2024 · 2 active · 3 ended

Active mandates

Alexander Finlay Horne

Bestuurder · since 29 mars 2019

Active
Jason Horne

Bestuurder · since 29 mars 2019

Active

Ended mandates

Liesbeth Eynatten

Director · since 07 mai 2021

Ended
Alexander Horne

Director · since 29 mars 2019

Ended
Jason Horne

Director · since 29 mars 2019

Ended
Annual accounts

Full financial information

20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202301/04/202201/04/202101/04/202029/03/2019
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months13 months
Filing date28/10/202405/10/202319/07/202201/07/202103/07/2020
General meeting05/08/202425/08/202324/06/202204/06/202105/06/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202405/08/202428/10/2024DutchPDF
Abridged model31/03/202325/08/202305/10/2023DutchPDF
Abridged model31/03/202224/06/202219/07/2022DutchPDF
Abridged model31/03/202104/06/202101/07/2021DutchPDF
Abridged model31/03/202005/06/202003/07/2020DutchPDF
Estimate

Indicative valuation

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 31/03/2024 · 2 active · 3 ended

Active mandates

Alexander Finlay Horne

Bestuurder · since 29 mars 2019

Active
Jason Horne

Bestuurder · since 29 mars 2019

Active

Ended mandates

Liesbeth Eynatten

Director · since 07 mai 2021

Ended
Alexander Horne

Director · since 29 mars 2019

Ended
Jason Horne

Director · since 29 mars 2019

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202494,2 k €
  2. 2023
    Annual accounts 2023136,8 k €
  3. 2022
    Annual accounts 2022128,5 k €
  4. 2021
    Annual accounts 202163,3 k €
  5. 2020
    Annual accounts 202070,4 k €