ACTIVE

F&L

Financial year 2025 · Closed on 31/12/2025

Net result284,3 k €+64,3 %over 1 year

Gross margin474,2 k €+54,5 %over 1 year

Equity1,4 M €-14,0 %over 1 year

Identity

Source · BCE/KBO

F&L is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Beringen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0806.209.362
Incorporation: 04/09/2008
Legal form: Private limited company
Registered office: Kegelstraat 20
3582 Beringen · FlandreSee on map
Contributed capital: 25 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	474,2 k €	+54.5%	306,9 k €	-38.5%	499,1 k €	+91.2%	261,1 k €	-9.2%	287,6 k €
EBITDA	462,8 k €	+68.6%	274,4 k €	-44.1%	490,8 k €	+93.8%	253,2 k €	-9.2%	279 k €
Operating result	415,2 k €	+66.1%	250 k €	-44.4%	449,7 k €	+86.1%	241,6 k €	-1.1%	244,2 k €
Net result	284,3 k €	+64.3%	173 k €	-44.2%	310 k €	+114%	145,2 k €	-10.0%	161,3 k €
Balance sheet
Equity	1,4 M €	-14.0%	1,6 M €	+4.1%	1,6 M €	+20.6%	1,3 M €	+12.4%	1,2 M €
Total assets	2,3 M €	+16.8%	2 M €	+12.3%	1,8 M €	+22.0%	1,4 M €	+10.9%	1,3 M €
Cash	228,9 k €	-3.4%	236,9 k €	-55.9%	537 k €	+348%	119,8 k €	+138%	50,2 k €
Debts	816,6 k €	+160%	313,7 k €	+89.2%	165,8 k €	+21.7%	136,2 k €	-1.1%	137,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GINO LUBANDY	Directorsince 03/12/2009Manager01/01/2010 → 2023 accountsended
Carmelita Migliaccio	Directorsince 04/09/2008Manager04/09/2008 → 2023 accountsended
Franco Lubandy	Directorsince 04/09/2008Manager04/09/2008 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fiorenzo MARSURA	Manager01/10/2015 → 01/09/2022

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	26/08/2025	11/07/2024	24/07/2023	05/07/2022	30/08/2021
General meeting	30/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	01/07/2026	Dutch	PDF
Micro model	31/12/2024	16/06/2025	26/08/2025	Dutch	PDF
Micro model	31/12/2023	17/06/2024	11/07/2024	Dutch	PDF
Micro model	31/12/2022	19/06/2023	24/07/2023	Dutch	PDF
Micro model	31/12/2021	20/06/2022	05/07/2022	Dutch	PDF
Micro model	31/12/2020	21/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	15/06/2020	20/07/2020	Dutch	PDF
Micro model	31/12/2018	17/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	18/06/2018	17/07/2018	Dutch	PDF
Micro model	31/12/2016	19/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	25/08/2010	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GINO LUBANDY	Directorsince 03/12/2009Manager01/01/2010 → 2023 accountsended
Carmelita Migliaccio	Directorsince 04/09/2008Manager04/09/2008 → 2023 accountsended
Franco Lubandy	Directorsince 04/09/2008Manager04/09/2008 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fiorenzo MARSURA	Manager01/10/2015 → 01/09/2022

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2009
„enoeming zaakvoerder
PDF
Other16/09/2008
OPRICHTING
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Gino Lubandy

Carmelita Migliaccio

Franco Lubandy

Fiorenzo MARSURA

2008200920102011201220132014201520162017201820192020202120222023202420252026

F&L

Kegelstraat 20, 3582 Koersel

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kegelstraat 20, 3582 KoerselCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00230810

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
F&LCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00230810

Events

2025
Annual accounts 2025284,3 k €↑
2024
Annual accounts 2024173 k €↓
2023
Annual accounts 2023310 k €↑
2022
Annual accounts 2022145,2 k €↓
2021
Annual accounts 2021161,3 k €↑
2020
Annual accounts 2020146,1 k €↑
2019
Annual accounts 2019109,3 k €↓
2018
Annual accounts 2018159,2 k €↑
2017
Annual accounts 201790,7 k €↓
2016
Annual accounts 2016126,5 k €↑
2015
Annual accounts 201585,8 k €↓
2014
Annual accounts 201493,8 k €↑
2013
Annual accounts 201327,6 k €↓
2012
Annual accounts 201267,2 k €↑
2011
Annual accounts 201154 k €↑
2010
Annual accounts 201013,1 k €↑
2009
Annual accounts 20091,4 k €
04/09/2008
IncorporationPrivate limited company

F&L

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events