ACTIVE

Flowtec IT

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Financial year 2025 · closed on 31/03/2025
Net result
253,3 k €
+135.9% YoY
Gross margin
571,2 k €
+9.5% YoY
Equity
467,1 k €
+118.5% YoY
Workforce
3,3 ETP
+17.9% YoY

What does Flowtec IT do?

Flowtec IT is a Private limited company incorporated in 2021. Its main activity is: Activities of employment placement agencies. Its registered office is in Bruxelles. It employs on average 3,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0763.529.362
Incorporation
11/02/2021
Legal form
Private limited company
Registered office
Avenue Louise 163
1050 Bruxelles · BruxellesSee on map
Contributed capital
10,00 €
Latest accounts
31/03/2025
Average workforce
3,3 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies78200Temporary employment agency activities78300Other human resources provision
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin571,2 k €521,5 k €294,4 k €370,2 k €
EBITDA331,4 k €153,3 k €76,3 k €143,6 k €
Operating result330,8 k €152,9 k €75,8 k €143,2 k €
Net result253,3 k €107,4 k €52,5 k €103,6 k €
Balance sheet
Equity467,1 k €213,8 k €106,4 k €75,3 k €
Total assets886,6 k €871 k €595,4 k €603,7 k €
Cash150,2 k €285,4 k €199,5 k €236,4 k €
Debts379,2 k €615,8 k €489 k €528,5 k €
Other
Workforce3,3 ETP2,8 ETP2,4 ETP2,6 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 31/03/2025 · 2 active · 3 ended

Active mandates

Alexander Finlay Horne

Administrateur · since 11 février 2021

Active
Jason Horne

Administrateur · since 11 février 2021

Active

Ended mandates

Liesbeth Eynatten

Director · since 07 mai 2021

Ended
Alexander Horne

Director · since 11 février 2021

Ended
Jason Horne

Director · since 11 février 2021

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/03/202301/03/202211/02/2021
Closing of the financial year31/03/202531/03/202428/02/202328/02/2022
Length of the financial year12 months13 months12 months13 months
Filing date13/10/202528/10/202405/09/202319/07/2022
General meeting22/08/202530/09/202425/08/202324/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202522/08/202513/10/2025FrenchPDF
Abridged model31/03/202430/09/202428/10/2024FrenchPDF
Abridged model28/02/202325/08/202305/09/2023FrenchPDF
Abridged model28/02/202224/06/202219/07/2022DutchPDF
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 31/03/2025 · 2 active · 3 ended

Active mandates

Alexander Finlay Horne

Administrateur · since 11 février 2021

Active
Jason Horne

Administrateur · since 11 février 2021

Active

Ended mandates

Liesbeth Eynatten

Director · since 07 mai 2021

Ended
Alexander Horne

Director · since 11 février 2021

Ended
Jason Horne

Director · since 11 février 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/03/2024
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office01/09/2023
    SIEGE SOCIAL
    PDF
  • Registered office31/03/2022
    SIEGE SOCIAL
    PDF
  • Mandates27/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/02/2021
    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 2025253,3 k €↑
  2. 2024
    Annual accounts 2024107,4 k €↑
  3. 2023
    Annual accounts 202352,5 k €↓
  4. 2022
    Annual accounts 2022103,6 k €
  5. 11/02/2021
    IncorporationPrivate limited company