ACTIVE

FLATPOLIS

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Financial year 2025 · closed on 31/12/2025

Net result

141,3 k €

+63.6% YoY

Gross margin

452 k €

+11.8% YoY

Equity

539,8 k €

+35.5% YoY

What does FLATPOLIS do?

FLATPOLIS is a Private limited company incorporated in 2009. Its main activity is: Hotels and similar accommodation. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.986.703

Incorporation

29/05/2009

Legal form

Private limited company

Registered office

Houtweg 9
1130 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

55100Hotels and similar accommodation· main 55100Hotels and similar accommodation

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	452 k €	+11.8%	404,2 k €	+0.6%	401,7 k €	+11.1%	361,5 k €	+22.4%	295,2 k €	+73.3%	170,4 k €	-50.5%	344,5 k €	-9.2%	379,5 k €	+63.7%	231,8 k €	+9.5%	211,6 k €	+27.3%	166,2 k €	+41.7%	117,3 k €	+65.1%	71,1 k €	+43.8%	49,4 k €	+26.1%	39,2 k €	+147%	15,8 k €	+348%	-6,4 k €
EBITDA	385,6 k €	+26.4%	305 k €	-9.3%	336,2 k €	+7.9%	311,6 k €	+19.2%	261,4 k €	+67.9%	155,7 k €	-49.4%	307,6 k €	-14.1%	357,9 k €	+75.3%	204,1 k €	+7.4%	190 k €	+41.0%	134,7 k €	+22.5%	110 k €	+58.0%	69,6 k €	+49.6%	46,5 k €	+23.9%	37,5 k €	+266%	10,3 k €	+261%	-6,4 k €
Operating result	220,3 k €	+49.3%	147,6 k €	-15.2%	174 k €	+8.3%	160,6 k €	+32.9%	120,9 k €	+540%	18,9 k €	-88.0%	157 k €	-22.3%	202 k €	+232%	60,8 k €	+314%	14,7 k €	+282%	3,8 k €	+118%	-20,8 k €	-179%	26,5 k €	+67.8%	15,8 k €	+0.1%	15,8 k €	+268%	-9,4 k €	-38.7%	-6,8 k €
Net result	141,3 k €	+63.6%	86,4 k €	-14.5%	101,1 k €	+19.1%	84,9 k €	+33.0%	63,8 k €	+323%	-28,6 k €	-147%	61,1 k €	-52.8%	129,5 k €	+1397%	-10 k €	+70.5%	-33,9 k €	+25.5%	-45,5 k €	-5.7%	-43 k €	-615%	8,4 k €	+3.8%	8 k €	-46.1%	14,9 k €	+249%	-10 k €	-41.2%	-7,1 k €
Balance sheet
Equity	539,8 k €	+35.5%	398,5 k €	+27.7%	312,1 k €	+47.9%	211,1 k €	+67.2%	126,2 k €	+102%	62,4 k €	-31.4%	91 k €	+204%	29,9 k €	+130%	-99,5 k €	-11.2%	-89,6 k €	-60.8%	-55,7 k €	-446%	-10,2 k €	-131%	32,8 k €	+34.1%	24,5 k €	+508%	4 k €	+137%	-10,9 k €	-1125%	-889,4 €
Total assets	1,7 M €	-0.9%	1,7 M €	-4.7%	1,8 M €	-3.2%	1,9 M €	-4.3%	1,9 M €	-2.8%	2 M €	-8.8%	2,2 M €	-1.7%	2,2 M €	-4.5%	2,3 M €	-6.7%	2,5 M €	+45.8%	1,7 M €	-1.4%	1,7 M €	+377%	363,7 k €	+6.5%	341,5 k €	+99.4%	171,3 k €	+16.9%	146,6 k €	-2.9%	151 k €
Cash	119,7 k €	+115%	55,7 k €	-35.0%	85,7 k €	+4.0%	82,4 k €	-23.2%	107,2 k €	+45.8%	73,5 k €	-53.5%	158,1 k €	+77.5%	89,1 k €	+257%	24,9 k €	-36.8%	39,4 k €	-32.8%	58,7 k €	+38.5%	42,4 k €	+250%	12,1 k €	-42.7%	21,1 k €	+222%	6,6 k €	+261%	1,8 k €	-95.8%	43,3 k €
Debts	1,1 M €	-12.0%	1,3 M €	-11.4%	1,5 M €	-10.2%	1,6 M €	-8.4%	1,8 M €	-7.1%	1,9 M €	-7.8%	2,1 M €	-4.5%	2,2 M €	-9.7%	2,4 M €	-6.1%	2,6 M €	+46.3%	1,8 M €	+1.2%	1,7 M €	+429%	329,8 k €	+4.0%	317 k €	+89.5%	167,3 k €	+6.2%	157,5 k €	+3.7%	151,9 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 · 3 active · 20 ended

Active mandates

MEHMET KORKMAZER

Director

Active

OMER KORKMAZER

Director

Active

SERVET KORKMAZER

Director

Active

Ended mandates

Mehmet Korkmazer

Manager · since 01 janvier 2018 · until 31 décembre 2018

Ended

Mehmet KORKMAZER

Manager · since 01 janvier 2017 · until 31 décembre 2017

Ended

Mehmet KORKMAZER

Manager · since 01 janvier 2016 · until 31 décembre 2016

Ended

Omer KORKMAZER

Associate · since 01 janvier 2016 · until 31 décembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
ES GROUP BELGIUM● Liquidation	0755.576.649
HBK CONSULTING & MANAGEMENT GROUP● Active	0782.324.596

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged 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	22/07/2026	22/08/2025	22/08/2024	29/08/2023	31/08/2022	27/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	22/07/2026	French	PDF
Micro model	31/12/2024	06/06/2025	22/08/2025	French	PDF
Micro model	31/12/2023	07/06/2024	22/08/2024	French	PDF
Micro model	31/12/2022	02/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	04/06/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	13/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	13/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	08/08/2017	French	PDF
Abridged model	31/12/2015	05/06/2016	21/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	27/07/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	11/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	08/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	22/08/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	30/08/2010	French	PDF

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 · 3 active · 20 ended

Active mandates

MEHMET KORKMAZER

Director

Active

OMER KORKMAZER

Director

Active

SERVET KORKMAZER

Director

Active

Ended mandates

Mehmet Korkmazer

Manager · since 01 janvier 2018 · until 31 décembre 2018

Ended

Mehmet KORKMAZER

Manager · since 01 janvier 2017 · until 31 décembre 2017

Ended

Mehmet KORKMAZER

Manager · since 01 janvier 2016 · until 31 décembre 2016

Ended

Omer KORKMAZER

Associate · since 01 janvier 2016 · until 31 décembre 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other18/03/2026
OBJET
PDF
Mandates05/01/2024
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office01/02/2016
SIEGE SOCIAL
PDF
Registered office22/11/2012
SIEGE SOCIAL
PDF
Other09/06/2009
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 2025141,3 k €↑
2024
Annual accounts 202486,4 k €↓
2023
Annual accounts 2023101,1 k €↑
2022
Annual accounts 202284,9 k €↑
2021
Annual accounts 202163,8 k €↑
2020
Annual accounts 2020-28,6 k €↓
2019
Annual accounts 201961,1 k €↓
2018
Annual accounts 2018129,5 k €↑
2017
Annual accounts 2017-10 k €↑
2016
Annual accounts 2016-33,9 k €↑
2015
Annual accounts 2015-45,5 k €↓
2014
Annual accounts 2014-43 k €↓
2013
Annual accounts 20138,4 k €↑
2012
Annual accounts 20128 k €↓
2011
Annual accounts 201114,9 k €↑
2010
Annual accounts 2010-10 k €↓
2009
Annual accounts 2009-7,1 k €
29/05/2009
IncorporationPrivate 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

FLATPOLIS

Overview

What does FLATPOLIS 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