ACTIVE

Flexsys Chemicals Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result1,1 M €-74,0 %over 1 year
Revenue204 M €-4,6 %over 1 year
Equity9,8 M €+13,1 %over 1 year
Workforce3,9 ETP-20,4 %over 1 year

Identity

Source · BCE/KBO

Flexsys Chemicals Belgium is a Public limited company incorporated in 2021. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Auderghem. It employs on average 3,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0772.781.677
Incorporation
23/08/2021
Legal form
Public limited company
Registered office
Boulevard du Souverain 398
1160 Auderghem · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Average workforce
3,9 ETP
Joint committees (1)
  • 207
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202420232022
Income statement
Revenue204 M €213,7 M €262,6 M €
EBITDA20,5 M €12,4 M €17,5 M €
Operating result17 M €8,6 M €13,2 M €
Net result1,1 M €4,4 M €4,2 M €
Balance sheet
Equity9,8 M €8,7 M €4,3 M €
Total assets219 M €166,9 M €109,5 M €
Cash3,6 M €967,2 k €2,4 M €
Debts209,2 M €158,2 M €105,2 M €
Other
Workforce3,9 ETP4,9 ETP7,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

Carl Brech

Director · since 23 juin 2025 · until 19 mai 2028

Active
Sandip Tyagi

bestuurder · since 12 octobre 2022 · until 23 juin 2025

Active
Schie Mark

bestuurder · since 12 octobre 2022 · until 19 mai 2028

Active

Ended mandates

Tyagi Sandip

bestuurder · since 12 octobre 2022 · until 19 mai 2028

Ended
Tyagi Sandip

Director · since 12 octobre 2022 · until 19 mai 2028

Ended
Rohan Narayan

Director · since 19 novembre 2021 · until 12 octobre 2022

Ended
Damien Docubu

bestuurder · since 02 novembre 2021 · until 02 novembre 2021

Ended

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Full financial information

Source · NBB
202420232022
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202401/01/202323/08/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months17 months
Filing date09/03/202601/07/202521/11/2024
General meeting19/12/202527/06/202518/11/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202419/12/202509/03/2026DutchPDF
Full model31/12/202327/06/202501/07/2025DutchPDF
Full model31/12/202218/11/202421/11/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

Carl Brech

Director · since 23 juin 2025 · until 19 mai 2028

Active
Sandip Tyagi

bestuurder · since 12 octobre 2022 · until 23 juin 2025

Active
Schie Mark

bestuurder · since 12 octobre 2022 · until 19 mai 2028

Active

Ended mandates

Tyagi Sandip

bestuurder · since 12 octobre 2022 · until 19 mai 2028

Ended
Tyagi Sandip

Director · since 12 octobre 2022 · until 19 mai 2028

Ended
Rohan Narayan

Director · since 19 novembre 2021 · until 12 octobre 2022

Ended
Damien Docubu

bestuurder · since 02 novembre 2021 · until 02 novembre 2021

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/08/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/06/2025
    DIVERSEN
    PDF
  • Mandates04/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/08/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 23/06/2025
    nominationCarl Brech — bestuurder
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20234,4 M €↑
  4. 2022
    Annual accounts 20224,2 M €
  5. 12/10/2022
    nominationSandip Tyagi — bestuurder
  6. 12/10/2022
    nominationMark Schie — bestuurder
  7. 23/08/2021
    IncorporationPublic limited company