ACTIVE

Service Flat Residenties (SE)

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Financial year 2024 · closed on 31/12/2024

Net result

337,9 k €

+11.6% YoY

Gross margin

637,1 k €

-5.1% YoY

Equity

-2 M €

+14.7% YoY

Workforce

2,2 ETP

-40.5% YoY

What does Service Flat Residenties do?

Service Flat Residenties is a Non-profit organization incorporated in 2009. Its main activity is: Residential care activities for the elderly and disabled. Its registered office is in Ternat. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.720.778

Incorporation

21/09/2009

Legal form

Non-profit organization

Registered office

Industrielaan 38 box 101
1740 Ternat · FlandreSee on map

Latest accounts

31/12/2024

Average workforce

2,2 ETP

Activities (NACE)

87302Residential care activities for the elderly and disabled· main 87302Residential care activities for the elderly and disabled

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	637,1 k €	-5.1%	671,4 k €	+80.1%	372,8 k €	+184%	131,1 k €	-52.1%	273,4 k €	-41.8%	470 k €	-10.7%	526,5 k €	+41.5%	372 k €	-6.0%	396 k €	+108%	190,6 k €	-34.5%	290,8 k €	+15.5%	251,7 k €	-36.9%	399 k €
EBITDA	453,4 k €	+9.3%	414,8 k €	+227%	126,7 k €	+145%	-278,7 k €	-12.4%	-247,9 k €	-32.2%	-187,5 k €	+33.5%	-281,9 k €	+29.3%	-398,7 k €	-151%	-159 k €	-1495%	11,4 k €	-88.9%	102,7 k €	+5923%	1,7 k €	+104%	-45,5 k €
Operating result	451,3 k €	+7.2%	420,9 k €	+228%	128,2 k €	+146%	-278,3 k €	+14.3%	-324,9 k €	-7.1%	-303,4 k €	+15.0%	-356,9 k €	+23.2%	-464,6 k €	-137%	-195,7 k €	-649%	-26,1 k €	-135%	75,3 k €	+432%	-22,7 k €	+67.8%	-70,5 k €
Net result	337,9 k €	+11.6%	302,7 k €	+3358%	8,8 k €	+102%	-397,9 k €	+9.6%	-440 k €	-10.5%	-398,3 k €	-3.7%	-384,1 k €	+24.3%	-507,4 k €	-132%	-218,5 k €	-628%	-30 k €	-141%	73 k €	+419%	-22,9 k €	+67.9%	-71,2 k €
Balance sheet
Equity	-2 M €	+14.7%	-2,3 M €	+11.7%	-2,6 M €	+0.3%	-2,6 M €	-30.4%	-2 M €	-28.2%	-1,6 M €	-34.3%	-1,2 M €	-49.4%	-776,9 k €	-188%	-269,5 k €	-428%	-51,1 k €	-142%	-21,1 k €	+77.6%	-94,1 k €	-32.1%	-71,2 k €
Total assets	1,3 M €	+8.4%	1,2 M €	+18.3%	1 M €	+8.5%	959 k €	+28.5%	746,2 k €	-5.8%	792,2 k €	-8.5%	865,5 k €	+1.4%	853,4 k €	+7.0%	797,7 k €	+68.8%	472,6 k €	-14.8%	554,5 k €	+12.2%	494,3 k €	+70.1%	290,5 k €
Cash	12,5 k €	-8.2%	13,6 k €	+28.5%	10,6 k €	-28.8%	14,9 k €	-52.2%	31 k €	-24.4%	41,1 k €	-34.6%	62,8 k €	+21.6%	51,6 k €	-52.5%	108,7 k €	+135%	46,2 k €	-43.4%	81,7 k €	+99.0%	41,1 k €	+94.1%	21,2 k €
Debts	3,3 M €	-5.8%	3,5 M €	-3.2%	3,6 M €	+2.1%	3,5 M €	+33.0%	2,7 M €	+19.1%	2,2 M €	+15.8%	1,9 M €	+24.8%	1,5 M €	+56.0%	990,4 k €	+116%	458,7 k €	-8.4%	500,8 k €	-4.7%	525,2 k €	+72.9%	303,7 k €
Other
Workforce	2,2 ETP	-40.5%	3,7 ETP	-2.6%	3,8 ETP	-11.6%	4,3 ETP	-54.7%	9,5 ETP	-18.8%	11,7 ETP	-16.4%	14,0 ETP	+1.4%	13,8 ETP	+29.0%	10,7 ETP	+133%	4,6 ETP	-6.1%	4,9 ETP	-18.3%	6,0 ETP	-28.6%	8,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 28 ended

Active mandates

Dominique Verté

Director · since 17 octobre 2023

Active

Director · since 17 octobre 2023 · 0635.884.884

Represented by Lieven Baert

Active

TIME FOR QUALITY

Chairman of the board of directors · since 17 octobre 2023 · 0545.881.257

Represented by Martin Baert

Active

Ended mandates

Lieven Baert

Director · since 29 décembre 2017

Ended

Dominique Verté

Director · since 02 décembre 2013

Ended

Hector Vermeersch

Director · since 02 décembre 2013

Ended

Joannes van den Nieuwenhuijzen

Director · since 02 décembre 2013

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2018	01/01/2017
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/11/2025	27/12/2024	28/12/2023	30/12/2022	26/06/2019	31/07/2018
General meeting	27/10/2025	06/12/2024	05/12/2023	20/12/2022	21/06/2019	30/06/2018
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	27/10/2025	20/11/2025	Dutch	PDF
Abridged model	31/12/2023	06/12/2024	27/12/2024	Dutch	PDF
Abridged model	31/12/2022	05/12/2023	28/12/2023	Dutch	PDF
Abridged model	31/12/2021	20/12/2022	30/12/2022	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	14/07/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 3 active · 28 ended

Active mandates

Dominique Verté

Director · since 17 octobre 2023

Active

Director · since 17 octobre 2023 · 0635.884.884

Represented by Lieven Baert

Active

TIME FOR QUALITY

Chairman of the board of directors · since 17 octobre 2023 · 0545.881.257

Represented by Martin Baert

Active

Ended mandates

Lieven Baert

Director · since 29 décembre 2017

Ended

Dominique Verté

Director · since 02 décembre 2013

Ended

Hector Vermeersch

Director · since 02 décembre 2013

Ended

Joannes van den Nieuwenhuijzen

Director · since 02 décembre 2013

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/09/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office14/06/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 2024337,9 k €↑
2023
Annual accounts 2023302,7 k €↑
2022
Annual accounts 20228,8 k €↑
2021
Annual accounts 2021-397,9 k €↑
2018
Annual accounts 2018-440 k €↓
2017
Annual accounts 2017-398,3 k €↓
2016
Annual accounts 2016-384,1 k €↑
2015
Annual accounts 2015-507,4 k €↓
2014
Annual accounts 2014-218,5 k €↓
2013
Annual accounts 2013-30 k €↓
2012
Annual accounts 201273 k €↑
2011
Annual accounts 2011-22,9 k €↑
2010
Annual accounts 2010-71,2 k €
21/09/2009
IncorporationNon-profit organization

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

Service Flat Residenties (SE)

Overview

What does Service Flat Residenties do?

Trend over 13 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