ACTIVE

Flas Matériaux

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Financial year 2025 · Closed on 31/12/2025

Net result164,2 k €+397,6 %over 1 year
Gross margin448,6 k €+325,9 %over 1 year
Equity329,8 k €+99,2 %over 1 year

Identity

Source · BCE/KBO

Flas Matériaux is a Private limited company incorporated in 2011. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Sivry-Rance.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0835.464.562
Incorporation
13/04/2011
Legal form
Private limited company
Registered office
Rue des Déportés 55
6470 Sivry-Rance · WallonieSee on map
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin448,6 k €105,3 k €155,1 k €75,7 k €51 k €
EBITDA408,5 k €87,2 k €117,3 k €62,3 k €38,3 k €
Operating result224,9 k €50,1 k €66,2 k €24,6 k €17,7 k €
Net result164,2 k €33 k €47,8 k €17,6 k €5,8 k €
Balance sheet
Equity329,8 k €165,6 k €132,6 k €112,3 k €94,7 k €
Total assets1,3 M €968,2 k €811,4 k €708,8 k €476,6 k €
Cash124,1 k €132 k €47,5 k €––
Debts908,2 k €802,6 k €678,8 k €596,5 k €382 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Gilles FLAS

Mandate

Active

Ended mandates

GILLES FLAS

Manager · since 25 octobre 2013

Ended
GILLES FLAS

Associate · since 15 avril 2011

Ended
ISABELLE LION

Administrator - manager · since 15 avril 2011

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202630/11/202503/01/202510/12/202302/06/202331/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202623/07/2026FrenchPDF
Micro model31/12/202430/06/202530/11/2025FrenchPDF
Micro model31/12/202330/06/202403/01/2025FrenchPDF
Micro model31/12/202230/06/202310/12/2023FrenchPDF
Micro model31/12/202130/06/202202/06/2023FrenchPDF
Micro model31/12/202030/06/202131/08/2021FrenchPDF
Micro model31/12/201903/09/202011/02/2021FrenchPDF
Micro model31/12/201830/06/201920/12/2019FrenchPDF
Micro model31/12/201730/06/201830/11/2018FrenchPDF
Micro model31/12/201630/06/201731/10/2017FrenchPDF
Abridged model31/12/201530/06/201630/11/2016FrenchPDF
Abridged model31/12/201430/06/201515/10/2015FrenchPDF
Abridged model31/12/201330/06/201429/08/2014FrenchPDF
Abridged model31/12/201230/06/201327/08/2013FrenchPDF
Abridged model31/12/201108/11/201209/11/2012FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active · 3 ended

Active mandates

Gilles FLAS

Mandate

Active

Ended mandates

GILLES FLAS

Manager · since 25 octobre 2013

Ended
GILLES FLAS

Associate · since 15 avril 2011

Ended
ISABELLE LION

Administrator - manager · since 15 avril 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/11/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/04/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025164,2 k €↑
  2. 2024
    Annual accounts 202433 k €↓
  3. 2023
    Annual accounts 202347,8 k €↑
  4. 2023
    Name changeFlas Matériaux
  5. 2022
    Annual accounts 202217,6 k €↑
  6. 2021
    Annual accounts 20215,8 k €↓
  7. 2021
    Name changeIG RANCE
  8. 2020
    Annual accounts 202016,5 k €↑
  9. 2019
    Annual accounts 2019-3,3 k €↓
  10. 2018
    Annual accounts 20182,6 k €↓
  11. 2017
    Annual accounts 20177,9 k €↓
  12. 2016
    Annual accounts 201611,1 k €↑
  13. 2015
    Annual accounts 2015-940 €↑
  14. 2014
    Annual accounts 2014-7,1 k €↓
  15. 2013
    Annual accounts 201315,1 k €↑
  16. 2012
    Annual accounts 20128,2 k €↑
  17. 2011
    Annual accounts 20115,3 k €
  18. 13/04/2011
    IncorporationPrivate limited company