ACTIVE

Fire Engineered Solutions

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Financial year 2025 · closed on 31/12/2025

Net result

393,2 k €

-0.3% YoY

Gross margin

2,7 M €

-0.4% YoY

Equity

1,6 M €

+0.5% YoY

Workforce

21,2 ETP

+1.0% YoY

What does Fire Engineered Solutions do?

Fire Engineered Solutions is a Private limited company incorporated in 2009. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 21,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0820.804.991

Incorporation

23/11/2009

Legal form

Private limited company

Registered office

Kortrijksesteenweg 1084 box /102
9051 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

21,2 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 80090Security and investigation activities 80200Security systems service activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Joint committees (1)

20000

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 15 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	2,7 M €	-0.4%	2,7 M €	+3.8%	2,6 M €	-21.8%	3,3 M €	+36.6%	2,4 M €	+53.1%	1,6 M €	+81.3%	868,1 k €	+99.3%	435,5 k €	-15.8%	517 k €	+47.0%	351,6 k €	-14.8%	412,8 k €	+5.9%	389,8 k €	+125%	173,3 k €	+205%	56,8 k €	-17.3%	68,8 k €
EBITDA	667,7 k €	+1.1%	660,5 k €	+604%	93,9 k €	-94.6%	1,7 M €	+68.9%	1 M €	+20.1%	856 k €	+165%	322,5 k €	+1052%	-33,9 k €	-113%	270,2 k €	+52.9%	176,7 k €	-34.6%	270 k €	-10.3%	301 k €	+114%	140,6 k €	+161%	53,9 k €	-21.1%	68,3 k €
Operating result	565,5 k €	-1.9%	576,3 k €	-2.5%	591 k €	-48.0%	1,1 M €	+14.4%	994,5 k €	+24.1%	801,5 k €	+177%	289,8 k €	+478%	-76,7 k €	-133%	230,4 k €	+65.2%	139,5 k €	-42.1%	241,1 k €	-9.7%	267 k €	+288%	68,9 k €	+55.5%	44,3 k €	-31.3%	64,5 k €
Net result	393,2 k €	-0.3%	394,3 k €	-4.8%	414,1 k €	-52.6%	873,1 k €	+4.9%	831,9 k €	+24.6%	667,5 k €	+137%	281,5 k €	+450%	-80,5 k €	-142%	193,1 k €	+56.5%	123,4 k €	-30.4%	177,4 k €	+4.8%	169,2 k €	+266%	46,2 k €	+53.0%	30,2 k €	-25.8%	40,7 k €
Balance sheet
Equity	1,6 M €	+0.5%	1,6 M €	+0.6%	1,6 M €	-13.2%	1,8 M €	+95.6%	913,7 k €	+1217%	69,4 k €	0.0%	69,4 k €	0.0%	69,4 k €	-53.7%	149,9 k €	+40.4%	106,8 k €	+3.3%	103,4 k €	+1104%	8,6 k €	-91.7%	103,4 k €	+80.9%	57,1 k €	+112%	26,9 k €
Total assets	2,7 M €	+0.3%	2,7 M €	-5.9%	2,9 M €	-9.2%	3,2 M €	+83.7%	1,7 M €	+4.8%	1,7 M €	+50.9%	1,1 M €	+37.2%	798,9 k €	+2.6%	778,7 k €	+5.5%	738,2 k €	+9.4%	674,9 k €	-6.3%	720,2 k €	+24.3%	579,5 k €	+402%	115,3 k €	+26.5%	91,2 k €
Cash	356,2 k €	-42.0%	614,4 k €	+36.0%	451,7 k €	-34.8%	692,3 k €	+120%	314,5 k €	-60.2%	789,6 k €	+118%	362,4 k €	+424%	69,2 k €	-42.3%	119,9 k €	+70.9%	70,2 k €	-40.1%	117,1 k €	-25.5%	157,3 k €	+71.8%	91,6 k €	+131%	39,6 k €	+65.3%	24 k €
Debts	1,1 M €	+7.0%	1,1 M €	-15.7%	1,3 M €	+77.5%	706,8 k €	+75.9%	401,8 k €	-74.6%	1,6 M €	+54.4%	1 M €	+40.8%	729,2 k €	+16.0%	628,8 k €	-0.4%	631,4 k €	+10.5%	571,4 k €	-19.7%	711,7 k €	+49.5%	476,1 k €	+718%	58,2 k €	-9.5%	64,3 k €
Other
Workforce	21,2 ETP	+1.0%	21,0 ETP	-4.1%	21,9 ETP	+6.8%	20,5 ETP	+13.9%	18,0 ETP	+59.3%	11,3 ETP	+197%	3,8 ETP	-48.6%	7,4 ETP	+54.2%	4,8 ETP	+29.7%	3,7 ETP	+37.0%	2,7 ETP	+35.0%	2,0 ETP	+186%	0,7 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 21 ended

Active mandates

Dina Wong

Director · since 12 avril 2024

Active

Leigh Abramson

Director · since 12 avril 2024

Active

Ryan Earle

Director · since 12 avril 2024

Active

Nick Montgomery

Director · since 11 juin 2021

Active

Rajeev Arora

Director · since 11 juin 2021

Active

Ended mandates

Xavier Deckers

Director · since 09 juin 2022 · until 28 septembre 2023

Ended

Xavier Deckers

Director · since 09 juin 2022

Ended

Alexander Earls

Director · since 11 juin 2021 · until 12 avril 2024

Ended

Alexander Earls

Director · since 11 juin 2021

Ended

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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	22/07/2026	30/06/2025	26/05/2025	30/06/2023	17/10/2022	20/07/2021
General meeting	30/06/2026	06/06/2025	31/07/2024	23/06/2023	11/10/2022	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	30/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	30/06/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	31/07/2024	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	20/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	11/10/2022	17/10/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	07/08/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/06/2011	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 21 ended

Active mandates

Dina Wong

Director · since 12 avril 2024

Active

Leigh Abramson

Director · since 12 avril 2024

Active

Ryan Earle

Director · since 12 avril 2024

Active

Nick Montgomery

Director · since 11 juin 2021

Active

Rajeev Arora

Director · since 11 juin 2021

Active

Ended mandates

Xavier Deckers

Director · since 09 juin 2022 · until 28 septembre 2023

Ended

Xavier Deckers

Director · since 09 juin 2022

Ended

Alexander Earls

Director · since 11 juin 2021 · until 12 avril 2024

Ended

Alexander Earls

Director · since 11 juin 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates06/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - 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

2025
Annual accounts 2025393,2 k €↓
2024
Annual accounts 2024394,3 k €↓
2023
Annual accounts 2023414,1 k €↓
2022
Annual accounts 2022873,1 k €↑
2021
Annual accounts 2021831,9 k €↑
2019
Annual accounts 2019667,5 k €↑
2018
Annual accounts 2018281,5 k €↑
2017
Annual accounts 2017-80,5 k €↓
2016
Annual accounts 2016193,1 k €↑
2015
Annual accounts 2015123,4 k €↓
2014
Annual accounts 2014177,4 k €↑
2013
Annual accounts 2013169,2 k €↑
2012
Annual accounts 201246,2 k €↑
2011
Annual accounts 201130,2 k €↓
2010
Annual accounts 201040,7 k €
23/11/2009
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

Fire Engineered Solutions

Overview

What does Fire Engineered Solutions do?

Trend over 15 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