ACTIVE

FVL

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Financial year 2025 · closed on 31/12/2025
Net result
379,4 k €
-60.3% YoY
Gross margin
572 k €
-23.9% YoY
Equity
2,6 M €
+17.3% YoY
Workforce
0,0 ETP

What does FVL do?

FVL is a Private limited company incorporated in 2011. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Zedelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0840.419.480
Incorporation
19/10/2011
Legal form
Private limited company
Registered office
Costersveld 19
8210 Zedelgem · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69201Accounting, bookkeeping and auditing activities; tax consultancy
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin572 k €751,9 k €538,7 k €331,8 k €257,7 k €316,5 k €260,3 k €210,1 k €146,7 k €158,1 k €56,2 k €35 k €29 k €18,1 k €
EBITDA568,8 k €747,6 k €534,4 k €326,5 k €251 k €313,3 k €256,6 k €205,5 k €141,6 k €156,9 k €55,4 k €34,1 k €28,1 k €16,3 k €
Operating result511 k €707,3 k €504,3 k €303,1 k €230,6 k €267,3 k €227,4 k €176,2 k €111,4 k €144,7 k €49,6 k €28,2 k €22,7 k €9,7 k €
Net result379,4 k €956,9 k €348,1 k €207,8 k €163,2 k €181,4 k €149,3 k €116,8 k €66,6 k €97 k €34,6 k €20 k €16,3 k €6,5 k €
Balance sheet
Equity2,6 M €2,2 M €1,3 M €1,1 M €848,9 k €685,6 k €504,3 k €355 k €242,7 k €180,6 k €83,6 k €49 k €28,9 k €12,7 k €
Total assets3,5 M €2,5 M €1,7 M €1,3 M €1,2 M €1,1 M €766,3 k €460,9 k €390,9 k €293,5 k €123,7 k €73,3 k €52,3 k €41,7 k €
Cash170,1 k €402,9 k €185,2 k €133,2 k €403 k €304,7 k €379,3 k €240,5 k €212,4 k €109,9 k €44 k €41,9 k €15,8 k €19,9 k €
Debts970,3 k €263,3 k €323,3 k €264,7 k €311,1 k €366 k €261,9 k €105,9 k €148,2 k €112,9 k €40,2 k €24,3 k €23,4 k €29,1 k €
Other
Workforce0,0 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 · 1 active · 1 ended

Active mandates

Frédéric LIEVENS

Director

Active

Ended mandates

Frédéric LIEVENS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date28/07/202630/07/202522/07/202424/07/202301/07/202222/07/2021
General meeting30/06/202630/06/202530/06/202403/07/202303/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Micro model31/12/202430/06/202530/07/2025DutchPDF
Micro model31/12/202330/06/202422/07/2024DutchPDF
Micro model31/12/202203/07/202324/07/2023DutchPDF
Micro model31/12/202103/06/202201/07/2022DutchPDF
Micro model31/12/202030/06/202122/07/2021DutchPDF
Micro model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201807/06/201927/06/2019DutchPDF
Micro model31/12/201730/06/201827/07/2018DutchPDF
Micro model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201530/06/201620/07/2016DutchPDF
Abridged model31/12/201430/06/201529/07/2015DutchPDF
Abridged model31/12/201330/06/201422/07/2014DutchPDF
Abridged model31/12/201229/06/201325/07/2013DutchPDF
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 · 1 active · 1 ended

Active mandates

Frédéric LIEVENS

Director

Active

Ended mandates

Frédéric LIEVENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/10/2011
    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

Timeline

  1. 2025
    Annual accounts 2025379,4 k €↓
  2. 2024
    Annual accounts 2024956,9 k €↑
  3. 2023
    Annual accounts 2023348,1 k €↑
  4. 2022
    Annual accounts 2022207,8 k €↑
  5. 2021
    Annual accounts 2021163,2 k €↓
  6. 2020
    Annual accounts 2020181,4 k €↑
  7. 2019
    Annual accounts 2019149,3 k €↑
  8. 2018
    Annual accounts 2018116,8 k €↑
  9. 2017
    Annual accounts 201766,6 k €↓
  10. 2016
    Annual accounts 201697 k €↑
  11. 2015
    Annual accounts 201534,6 k €↑
  12. 2014
    Annual accounts 201420 k €↑
  13. 2013
    Annual accounts 201316,3 k €↑
  14. 2012
    Annual accounts 20126,5 k €
  15. 19/10/2011
    IncorporationPrivate limited company