ACTIVE

FLEXMAIL

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Financial year 2025 · closed on 31/12/2025

Net result

425,6 k €

+18.5% YoY

Gross margin

2,6 M €

+8.5% YoY

Equity

1,1 M €

+66.4% YoY

Workforce

21,5 ETP

+6.4% YoY

What does FLEXMAIL do?

FLEXMAIL is a Public limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Genk. It employs on average 21,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0835.786.642

Incorporation

27/04/2011

Legal form

Public limited company

Registered office

Jaarbeurslaan 29 box 31
3600 Genk · FlandreSee on map

Contributed capital

549 000,00 €

Latest accounts

31/12/2025

Average workforce

21,5 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	2,6 M €	+8.5%	2,4 M €	+20.7%	2,0 M €	+23.6%	1,6 M €	-9.7%	1,8 M €	+1.3%	1,7 M €	+7.6%	1,6 M €	-20.6%	2,0 M €	+4.1%	1,9 M €	+99.9%	974,6 k €	+229%	296,1 k €	-23.6%	387,7 k €	+64.3%	235,9 k €	+221%	73,4 k €
EBITDA	943,1 k €	+4.1%	906,0 k €	+53.5%	590,3 k €	+74.7%	337,8 k €	-46.4%	630,5 k €	-9.2%	694,2 k €	-1.1%	702,0 k €	-31.7%	1,0 M €	-0.1%	1,0 M €	+165%	388,5 k €	+163%	147,6 k €	-55.1%	328,7 k €	+91.0%	172,1 k €	+207%	56,1 k €
Operating result	575,0 k €	+44.5%	397,9 k €	+392%	80,8 k €	+187%	-92,4 k €	-137%	248,9 k €	-44.4%	447,6 k €	-33.3%	671,2 k €	-28.5%	938,7 k €	+0.8%	931,3 k €	+198%	312,0 k €	+278%	82,6 k €	-68.6%	263,3 k €	+75.0%	150,5 k €	+371%	32,0 k €
Net result	425,6 k €	+18.5%	359,1 k €	+558%	54,6 k €	+150%	-109,5 k €	-152%	210,5 k €	-32.3%	310,9 k €	-38.8%	507,6 k €	-27.9%	703,9 k €	+14.0%	617,6 k €	+204%	203,1 k €	+272%	54,5 k €	-68.2%	171,5 k €	+71.9%	99,8 k €	+370%	21,2 k €
Balance sheet
Equity	1,1 M €	+66.4%	641,4 k €	-18.0%	782,2 k €	-23.9%	1,0 M €	-44.1%	1,8 M €	+12.9%	1,6 M €	+23.6%	1,3 M €	-56.5%	3,0 M €	+30.4%	2,3 M €	+279%	611,7 k €	+49.7%	408,6 k €	+15.4%	354,0 k €	+94.0%	182,5 k €	+121%	82,7 k €
Total assets	3,1 M €	+4.9%	2,9 M €	+26.8%	2,3 M €	-1.2%	2,3 M €	-19.4%	2,9 M €	+12.2%	2,6 M €	+8.2%	2,4 M €	-46.6%	4,5 M €	+1.0%	4,4 M €	+161%	1,7 M €	+108%	813,2 k €	+63.5%	497,4 k €	+58.0%	314,9 k €	+74.8%	180,1 k €
Cash	698,9 k €	-26.1%	945,7 k €	+222%	293,5 k €	+1.4%	289,5 k €	-64.6%	817,8 k €	+79.0%	457,0 k €	-8.6%	500,0 k €	+10.9%	450,7 k €	-3.9%	468,9 k €	+112%	220,7 k €	-41.8%	379,0 k €	+223%	117,2 k €	-40.7%	197,5 k €	+126%	87,4 k €
Debts	531,6 k €	-41.3%	905,4 k €	+155%	355,6 k €	+26.4%	281,3 k €	+19.0%	236,5 k €	+10.6%	213,8 k €	-22.1%	274,3 k €	-57.2%	640,7 k €	-37.5%	1,0 M €	+284%	267,0 k €	+234%	80,0 k €	-44.2%	143,4 k €	+8.3%	132,4 k €	+36.0%	97,4 k €
Other
Workforce	21,5 ETP	+6.4%	20,2 ETP	-0.5%	20,3 ETP	+5.7%	19,2 ETP	0.0%	19,2 ETP	+10.3%	17,4 ETP	+9.4%	15,9 ETP	-10.2%	17,7 ETP	+5.4%	16,8 ETP	+43.6%	11,7 ETP	+67.1%	7,0 ETP	+268%	1,9 ETP	0.0%	1,9 ETP	+280%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Jacques Vanloo

Managing director · since 15 février 2023 · until 05 juin 2026

Active

Jimmy Cappaert

Managing director · since 24 juin 2022 · until 05 juin 2026

Active

Ended mandates

UNREAL INVESTMENTS

Managing director · since 12 décembre 2019 · until 02 juin 2023 · 0894.681.676

Represented by Frederik Poelman

Ended

UNREAL INVESTMENTS

Managing director · since 12 décembre 2019 · until 15 février 2023 · 0894.681.676

Represented by Frederik Poelman

Ended

Infinius

Managing director · since 03 septembre 2018 · until 15 février 2023 · 0869.801.473

Represented by Jonas Dhaenens

Ended

Infinius

Managing director · since 03 septembre 2018 · until 02 septembre 2024 · 0869.801.473

Represented by Jonas Dhaenens

Ended

At this address

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ASSIGN● Active	0890.754.166
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Assign KMO IT services● Active	0822.386.784
BELGISCHE GROENTETELERS NOLIKO● Active	0450.554.409
BRUTAX● Active	0466.841.204
B&W● Active	0866.844.458
EFM Global Logistics Benelux● Active	0788.703.535
Flash Belgium● Active	0448.033.892

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	29/07/2026	24/07/2025	29/07/2024	13/07/2023	29/06/2022	13/07/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	16/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	30/06/2017	Dutch	PDF
Abridged model	30/09/2015	10/03/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	12/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	13/03/2014	24/04/2014	Dutch	PDF
Abridged model	30/09/2012	14/03/2013	25/04/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 19 ended

Active mandates

Jacques Vanloo

Managing director · since 15 février 2023 · until 05 juin 2026

Active

Jimmy Cappaert

Managing director · since 24 juin 2022 · until 05 juin 2026

Active

Ended mandates

UNREAL INVESTMENTS

Managing director · since 12 décembre 2019 · until 02 juin 2023 · 0894.681.676

Represented by Frederik Poelman

Ended

UNREAL INVESTMENTS

Managing director · since 12 décembre 2019 · until 15 février 2023 · 0894.681.676

Represented by Frederik Poelman

Ended

Infinius

Managing director · since 03 septembre 2018 · until 15 février 2023 · 0869.801.473

Represented by Jonas Dhaenens

Ended

Infinius

Managing director · since 03 septembre 2018 · until 02 septembre 2024 · 0869.801.473

Represented by Jonas Dhaenens

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates23/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2018
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 2025425,6 k €↑
2024
Annual accounts 2024359,1 k €↑
2023
Annual accounts 202354,6 k €↑
2022
Annual accounts 2022-109,5 k €↓
2021
Annual accounts 2021210,5 k €↓
2020
Annual accounts 2020310,9 k €↓
2019
Annual accounts 2019507,6 k €↓
2018
Annual accounts 2018703,9 k €↑
2017
Annual accounts 2017617,6 k €↑
2016
Annual accounts 2016203,1 k €↑
2015
Annual accounts 201554,5 k €↓
2014
Annual accounts 2014171,5 k €↑
2013
Annual accounts 201399,8 k €↑
2012
Annual accounts 201221,2 k €
27/04/2011
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

FLEXMAIL

Overview

What does FLEXMAIL do?

Trend over 14 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