ACTIVE

FLOGELEC

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Financial year 2025 · closed on 31/12/2025

Net result

39,2 k €

-4.6% YoY

Gross margin

106 k €

+0.1% YoY

Equity

746,2 k €

+5.5% YoY

Workforce

1,0 ETP

0.0% YoY

What does FLOGELEC do?

FLOGELEC is a Public limited company incorporated in 2008. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Arlon. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.607.539

Incorporation

22/12/2008

Legal form

Public limited company

Registered office

Stockem, route de Neufchâteau 208
6700 Arlon · WallonieSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	106 k €	+0.1%	105,8 k €	-15.7%	125,5 k €	-3.9%	130,7 k €	+6.2%	123 k €	+7.0%	114,9 k €	+18.3%	97,1 k €	+6.0%	91,6 k €	-21.2%	116,3 k €	-18.4%	142,5 k €	+24.4%	114,6 k €	+383%	23,7 k €	+2145%	1,1 k €	+183%	-1,3 k €	+87.8%	-10,5 k €	-121%	50,4 k €	-64.4%	141,6 k €
EBITDA	58 k €	-1.4%	58,8 k €	-25.4%	78,9 k €	-13.3%	91 k €	+13.1%	80,4 k €	-1.2%	81,4 k €	+38.6%	58,7 k €	-0.6%	59,1 k €	-33.3%	88,7 k €	-19.0%	109,5 k €	+8.5%	100,9 k €	+657%	13,3 k €	+3066%	421,3 €	+126%	-1,6 k €	+95.6%	-37,3 k €	+83.7%	-228,6 k €	-96.9%	-116,1 k €
Operating result	56 k €	-1.1%	56,6 k €	-26.2%	76,6 k €	-13.8%	88,9 k €	+13.5%	78,3 k €	-0.5%	78,7 k €	+138%	33,1 k €	-2.4%	33,9 k €	-47.9%	65,1 k €	-24.5%	86,2 k €	+8.9%	79,1 k €	+433%	14,8 k €	+637%	-2,8 k €	-29.4%	-2,1 k €	+94.9%	-41,8 k €	+82.1%	-233,2 k €	-93.2%	-120,7 k €
Net result	39,2 k €	-4.6%	41,1 k €	-26.5%	56 k €	-13.3%	64,6 k €	+10.6%	58,4 k €	-21.1%	74 k €	+103%	36,4 k €	-9.3%	40,2 k €	-34.7%	61,5 k €	-31.7%	90 k €	+24.7%	72,2 k €	+437%	13,4 k €	-32.6%	19,9 k €	+495%	-5 k €	+89.3%	-47,3 k €	+80.4%	-240,7 k €	-88.7%	-127,6 k €
Balance sheet
Equity	746,2 k €	+5.5%	707 k €	+6.2%	665,9 k €	+9.2%	609,9 k €	+11.8%	545,4 k €	+12.0%	487 k €	+17.9%	413 k €	+9.7%	376,6 k €	+11.9%	336,4 k €	+22.4%	274,9 k €	+48.7%	184,9 k €	+1352%	12,7 k €	+1889%	-711,9 €	+96.6%	-20,6 k €	-32.4%	-15,6 k €	-149%	31,7 k €	-88.4%	272,4 k €
Total assets	800,6 k €	+6.7%	750,7 k €	+5.5%	711,3 k €	+4.2%	682,7 k €	+9.1%	626 k €	+16.1%	539,3 k €	-4.3%	563,7 k €	-4.3%	589 k €	+36.2%	432,4 k €	+45.1%	297,9 k €	-19.4%	369,9 k €	+7.0%	345,8 k €	+156%	135,3 k €	-6.9%	145,3 k €	-1.7%	147,8 k €	-62.2%	390,8 k €	-43.9%	696,4 k €
Cash	50,1 k €	+118%	23 k €	-87.3%	181,7 k €	+34.4%	135,2 k €	+119%	61,8 k €	-35.5%	95,8 k €	+257%	26,9 k €	+552%	4,1 k €	-76.0%	17,2 k €	+176%	6,2 k €	-94.0%	103,7 k €	+4189%	2,4 k €	-74.0%	9,3 k €	-42.5%	16,2 k €	+170%	6 k €	-67.4%	18,3 k €	-51.3%	37,6 k €
Debts	54 k €	+25.2%	43,1 k €	-4.8%	45,3 k €	-37.7%	72,7 k €	-9.8%	80,6 k €	+58.5%	50,8 k €	-66.3%	150,6 k €	-29.1%	212,4 k €	+121%	96 k €	+320%	22,8 k €	-87.6%	185 k €	-44.5%	333 k €	+146%	135,5 k €	-18.1%	165,4 k €	+1.2%	163,4 k €	-54.5%	359,1 k €	-15.3%	424 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP	-10.0%	1,0 ETP		–		–		–		–		0,3 ETP		–		–		–		0,3 ETP	-91.4%	3,5 ETP	-7.9%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

AG-SOLUTIO

Director · since 05 décembre 2024 · 1015.895.648

Represented by Albert GERON

Active

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Active

Ended mandates

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Ended

E.M.G.E.

Director · since 22 novembre 2023 · 0866.135.863

Represented by MARC GERON

Ended

Xavier GERON

Managing director · since 16 février 2015 · until 31 mai 2019

Ended

Xavier GERON

Managing director · since 16 février 2015 · until 31 décembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
MGN● Active	0744.570.713

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	27/06/2026	30/06/2025	01/07/2024	11/06/2023	21/06/2022	28/05/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	26/05/2023	27/05/2022	28/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	27/06/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	29/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	11/06/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	21/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	28/05/2021	French	PDF
Micro model	31/12/2019	29/05/2020	12/06/2020	French	PDF
Micro model	31/12/2018	31/05/2019	20/06/2019	French	PDF
Micro model	31/12/2017	25/05/2018	11/06/2018	French	PDF
Micro model	31/12/2016	26/05/2017	13/06/2017	French	PDF
Abridged model	31/12/2015	26/03/2016	03/06/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	17/06/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	13/08/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	04/08/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 20 ended

Active mandates

AG-SOLUTIO

Director · since 05 décembre 2024 · 1015.895.648

Represented by Albert GERON

Active

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Active

Ended mandates

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Ended

E.M.G.E.

Director · since 22 novembre 2023 · 0866.135.863

Represented by MARC GERON

Ended

Xavier GERON

Managing director · since 16 février 2015 · until 31 mai 2019

Ended

Xavier GERON

Managing director · since 16 février 2015 · until 31 décembre 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates24/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates29/10/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates03/03/2015
DENOMINATION - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/09/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office10/05/2010
SIEGE SOCIAL
PDF
Other02/01/2009
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

2025
Annual accounts 202539,2 k €↓
2024
Annual accounts 202441,1 k €↓
2023
Annual accounts 202356 k €↓
2022
Annual accounts 202264,6 k €↑
2021
Annual accounts 202158,4 k €↓
2020
Annual accounts 202074 k €↑
2019
Annual accounts 201936,4 k €↓
2018
Annual accounts 201840,2 k €↓
2017
Annual accounts 201761,5 k €↓
2016
Annual accounts 201690 k €↑
2015
Annual accounts 201572,2 k €↑
2014
Annual accounts 201413,4 k €↓
2014
Name changeFLOGELEC
2013
Annual accounts 201319,9 k €↑
2012
Annual accounts 2012-5 k €↑
2011
Annual accounts 2011-47,3 k €↑
2010
Annual accounts 2010-240,7 k €↓
2009
Annual accounts 2009-127,6 k €
2009
Name changeSOPRAPOWER
22/12/2008
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FLOGELEC

Overview

What does FLOGELEC do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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