ACTIVE

FSBL

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
87,2 k €
-0.6% YoY
Gross margin
117,9 k €
+1.6% YoY
Equity
4 k €
-90.8% YoY

What does FSBL do?

FSBL is a Private limited company incorporated in 2022. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0785.352.778
Incorporation
25/04/2022
Legal form
Private limited company
Registered office
Square de Meeûs 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities70210Public relations and communication activities73300Advertising and market research82100Office administrative and support activities82110Combined office administrative service activities+2
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin117,9 k €116 k €107,3 k €60,4 k €
EBITDA117,4 k €116 k €107,3 k €60,4 k €
Operating result116 k €115,3 k €106,8 k €59,1 k €
Net result87,2 k €87,7 k €81,8 k €46,2 k €
Balance sheet
Equity4 k €43,5 k €25,8 k €4 k €
Total assets136,4 k €130,2 k €109,1 k €64,4 k €
Cash129 k €90 k €89,7 k €46,9 k €
Debts132,4 k €86,7 k €83,3 k €60,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Ioannis Voutsinos

Director · since 25 avril 2022

Active

Ended mandates

Ioannis Voutsinos

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
5Rights - EU● Active
1013.028.507
Access Partnership Belgium● Active
0787.540.327
ACTA CONSULT● Active
0413.789.528
AD HOC DATA● Active
0898.717.074
Advies, Coaching en Casting van Nieuwe en Toekomstige Ondernemers● Liquidation
0886.841.108
AIDL INTERNATIONAL FOUNDATION FOR DIALOGUE AND PEACE● Active
0731.783.143
ALAMBIX● Active
0720.964.871
ALETCOS.FINA● Active
1026.323.346
ALEXANDER PROUDFOOT (BELGIUM) HOLDINGS-II● Liquidation
0434.632.848
ALGONQUIN MANAGEMENT PARTNERS● Active
0628.848.723
Alliance for New Mobility Europe● Active
0774.408.606
Alliance pour l'enseignement et la formation professionels● Active
1012.990.794
Allied For Startups● Active
0652.643.813
Amis européens de l'Arménie● Active
0809.626.138
APER TB BRUGES● Active
0792.989.549
ARCHIE● Active
0730.867.383
Artelys Belgium● Active
0699.597.949
ASARAYA● Active
1036.888.725
Association européenne des consultants en innovation (EAIC)● Active
0770.820.594
ASSOCIATION EUROPEENNE DES RADIOS - ASSOCIATION OF EUROPEAN RADIOS● Active
0446.286.409
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202325/04/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months9 months
Filing date03/06/202610/06/202504/06/202406/06/2023
General meeting28/05/202602/06/202503/06/202405/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/05/202603/06/2026FrenchPDF
Micro model31/12/202402/06/202510/06/2025FrenchPDF
Micro model31/12/202303/06/202404/06/2024FrenchPDF
Micro model31/12/202205/06/202306/06/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Ioannis Voutsinos

Director · since 25 avril 2022

Active

Ended mandates

Ioannis Voutsinos

Mandate

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office17/04/2026
    SIEGE SOCIAL
    PDF
  • Other27/04/2022
    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 202587,2 k €↓
  2. 2024
    Annual accounts 202487,7 k €↑
  3. 2023
    Annual accounts 202381,8 k €↑
  4. 2022
    Annual accounts 202246,2 k €
  5. 25/04/2022
    IncorporationPrivate limited company