ACTIVE

NATFLO

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Financial year 2025 · closed on 31/12/2025

Net result

999,2 k €

+2.5% YoY

Gross margin

-3,4 k €

+2.1% YoY

Equity

68,2 M €

-2.9% YoY

What does NATFLO do?

NATFLO is a Private limited company incorporated in 2011. Its registered office is in Tervuren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0836.188.894

Incorporation

03/05/2011

Legal form

Private limited company

Registered office

Moorselboslaan 47
3080 Tervuren · FlandreSee on map

Contributed capital

58 954 550,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-3,4 k €	+2.1%	-3,4 k €	+58.9%	-8,4 k €	-257%	-2,3 k €	+25.2%	-3,1 k €	-12.3%	-2,8 k €	+24.1%	-3,7 k €	+9.5%	-4,1 k €	-15.8%	-3,5 k €	-24.6%	-2,8 k €	-11.8%	-2,5 k €	+15.5%	-3 k €	+61.1%	-7,7 k €
EBITDA	-4,4 k €	+0.9%	-4,4 k €	+52.8%	-9,3 k €	-190%	-3,2 k €	+19.8%	-4 k €	-9.4%	-3,7 k €	+19.5%	-4,5 k €	+7.8%	-4,9 k €	-12.7%	-4,4 k €	-18.8%	-3,7 k €	-8.8%	-3,4 k €	-1.7%	-3,3 k €	+58.4%	-8 k €
Operating result	-4,4 k €	+0.9%	-4,4 k €	+52.8%	-9,3 k €	-190%	-3,2 k €	+19.8%	-4 k €	-9.4%	-3,7 k €	+19.5%	-4,5 k €	+7.8%	-4,9 k €	-12.7%	-4,4 k €	-18.8%	-3,7 k €	-8.8%	-3,4 k €	-1.7%	-3,3 k €	+58.4%	-8 k €
Net result	999,2 k €	+2.5%	975,3 k €	+25.3%	778,1 k €	-0.1%	779,2 k €	+10.9%	702,3 k €	-37.9%	1,1 M €	+14.0%	991,3 k €	-0.2%	993,6 k €	+0.6%	987,2 k €	+6.0%	931 k €	-0.2%	932,4 k €	-5.9%	990,5 k €	+223%	306,9 k €
Balance sheet
Equity	68,2 M €	-2.9%	70,3 M €	+0.9%	69,7 M €	-3.8%	72,4 M €	+0.5%	72,1 M €	+3.4%	69,7 M €	+1.6%	68,6 M €	+1.4%	67,6 M €	+1.5%	66,6 M €	+1.5%	65,6 M €	+1.4%	64,7 M €	+1.5%	63,8 M €	+1.6%	62,8 M €
Total assets	74,6 M €	+0.7%	74 M €	+0.3%	73,8 M €	-0.2%	73,9 M €	+0.4%	73,6 M €	-0.3%	73,8 M €	-0.1%	73,9 M €	-0.2%	74 M €	+0.4%	73,8 M €	+0.1%	73,7 M €	-0.8%	74,2 M €	+0.7%	73,7 M €	+0.7%	73,2 M €
Cash	434,2 k €	+193%	148,1 k €	+205%	48,6 k €	-89.6%	467,2 k €	+25.6%	372 k €	+83.1%	203,2 k €	-26.2%	275,2 k €	-39.5%	454,9 k €	+126%	201,2 k €	+55.8%	129,2 k €	-86.1%	925,9 k €	+163%	352,2 k €	+625%	48,6 k €
Debts	6,3 M €	+69.9%	3,7 M €	-9.5%	4,1 M €	+171%	1,5 M €	-2.9%	1,6 M €	-62.2%	4,1 M €	-22.0%	5,3 M €	-17.5%	6,4 M €	-9.8%	7,1 M €	-11.2%	8 M €	-15.7%	9,6 M €	-4.5%	10 M €	-4.3%	10,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

NATHALIE CHRISTYN GRAVIN DE RIBAUCOURT

Director · since 03 mai 2011

Active

Ended mandates

Miguel Christyn de Ribaucourt

Manager

Ended

MIGUEL CHRISTYN GRAAF DE RIBAUCOURT

Director · until 25 mai 2019

Ended

Nathalie CHRISTYN de RIBAUCOURT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
FRALAULOU● Active	0724.941.376
MIVI● Active	0847.335.778

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	18/06/2026	25/08/2025	28/05/2024	04/07/2023	17/05/2022	09/06/2021
General meeting	04/06/2026	10/06/2025	24/05/2024	23/06/2023	10/05/2022	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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	25/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	28/05/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/05/2022	17/05/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	29/05/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/05/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	18/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	19/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 1 active · 3 ended

Active mandates

NATHALIE CHRISTYN GRAVIN DE RIBAUCOURT

Director · since 03 mai 2011

Active

Ended mandates

Miguel Christyn de Ribaucourt

Manager

Ended

MIGUEL CHRISTYN GRAAF DE RIBAUCOURT

Director · until 25 mai 2019

Ended

Nathalie CHRISTYN de RIBAUCOURT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/08/2011
KAPITAAL - AANDELEN
PDF
Other23/05/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025999,2 k €↑
2024
Annual accounts 2024975,3 k €↑
2023
Annual accounts 2023778,1 k €↓
2022
Annual accounts 2022779,2 k €↑
2021
Annual accounts 2021702,3 k €↓
2018
Annual accounts 20181,1 M €↑
2017
Annual accounts 2017991,3 k €↓
2016
Annual accounts 2016993,6 k €↑
2015
Annual accounts 2015987,2 k €↑
2014
Annual accounts 2014931 k €↓
2013
Annual accounts 2013932,4 k €↓
2012
Annual accounts 2012990,5 k €↑
2011
Annual accounts 2011306,9 k €
03/05/2011
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

NATFLO

Overview

What does NATFLO 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