ACTIVE

FLOMIG

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Financial year 2025 · closed on 30/06/2025

Net result

20,1 M €

+104.7% YoY

Revenue

2 M €

-12.3% YoY

Equity

62 M €

+47.8% YoY

Workforce

1,6 ETP

-11.1% YoY

What does FLOMIG do?

FLOMIG is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0842.047.102

Incorporation

16/12/2011

Legal form

Private limited company

Registered office

Sterrestraat(Aal) 64
8511 Kortrijk · FlandreSee on map

Contributed capital

2 000 000,00 €

Latest accounts

30/06/2025

Average workforce

1,6 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (3)

118
200
2000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	2 M €	-12.3%	2,3 M €	+338%	534 k €	0.0%	534 k €	+37.3%	389 k €	+20.1%	324 k €	0.0%	324 k €	0.0%	324 k €	0.0%	324 k €	-33.3%	486 k €		–		–		–
EBITDA	1,8 M €	-14.2%	2,1 M €	+500%	357,6 k €	+16.4%	307,3 k €	+18.0%	260,3 k €	+12.2%	232,1 k €	+5.0%	221,1 k €	-7.6%	239,4 k €	-1.3%	242,6 k €	-44.8%	439,3 k €	-1.3%	444,9 k €	+16344%	-2,7 k €	+56.1%	-6,2 k €
Operating result	1,8 M €	-15.4%	2,1 M €	+518%	343,8 k €	+17.0%	294 k €	+13.7%	258,6 k €	+12.5%	229,8 k €	+4.5%	219,8 k €	-7.7%	238,1 k €	-1.3%	241,3 k €	-45.1%	439,3 k €	-1.3%	444,9 k €	+16344%	-2,7 k €	+56.1%	-6,2 k €
Net result	20,1 M €	+105%	9,8 M €	+95.5%	5 M €	+2.7%	4,9 M €	-15.4%	5,8 M €	+51.1%	3,8 M €	+54.8%	2,5 M €	+1261%	181,2 k €	-94.4%	3,2 M €	-30.9%	4,6 M €	+274%	1,2 M €	+44898%	-2,8 k €	+56.1%	-6,3 k €
Balance sheet
Equity	62 M €	+47.8%	41,9 M €	+30.5%	32,1 M €	+18.5%	27,1 M €	+16.3%	23,3 M €	+32.8%	17,6 M €	+27.8%	13,7 M €	+21.9%	11,3 M €	-18.8%	13,9 M €	+30.1%	10,7 M €	+24.5%	8,6 M €	+17.0%	7,3 M €	-0.0%	7,3 M €
Total assets	62,7 M €	+47.9%	42,4 M €	+31.5%	32,2 M €	+18.5%	27,2 M €	+16.0%	23,4 M €	+33.3%	17,6 M €	+27.7%	13,8 M €	+21.1%	11,4 M €	-19.1%	14,1 M €	+11.6%	12,6 M €	+33.6%	9,4 M €	+28.4%	7,3 M €	+0.0%	7,3 M €
Cash	1,6 M €	-9.1%	1,7 M €	+938%	164,4 k €	-95.9%	4 M €	+64.2%	2,5 M €	-23.7%	3,2 M €	+424%	613,8 k €	+15.4%	531,7 k €	+92.1%	276,9 k €	-22.4%	356,8 k €	-23.2%	464,8 k €	+213185%	217,9 €	+1532%	13,4 €
Debts	691,6 k €	+59.7%	432,9 k €	+527%	69 k €	+31.5%	52,5 k €	-52.5%	110,5 k €	+337%	25,3 k €	-16.8%	30,4 k €	-69.4%	99,4 k €	-41.7%	170,5 k €	-91.1%	1,9 M €	+125%	854,3 k €	+9060%	9,3 k €	+47.0%	6,3 k €
Other
Workforce	1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 ETP	-21.7%	2,3 ETP	+15.0%	2,0 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 3 ended

Active mandates

Julie DESLE

Director · since 27 octobre 2015

Active

Miguel Cornille

Director · since 16 décembre 2011

Active

Ended mandates

Julie Desle

Manager · since 27 octobre 2015

Ended

Miguel Cornille

Manager · since 16 décembre 2011

Ended

Miguel Cornille

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/12/2025	12/12/2024	15/12/2023	16/12/2022	28/01/2022	17/12/2020
General meeting	21/11/2025	15/11/2024	17/11/2023	18/11/2022	30/12/2021	20/11/2020
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	21/11/2025	04/12/2025	Dutch	PDF
Full model	30/06/2024	15/11/2024	12/12/2024	Dutch	PDF
Full model	30/06/2023	17/11/2023	15/12/2023	Dutch	PDF
Full model	30/06/2022	18/11/2022	16/12/2022	Dutch	PDF
Full model	30/06/2021	30/12/2021	28/01/2022	Dutch	PDF
Full model	30/06/2020	20/11/2020	17/12/2020	Dutch	PDF
Full model	30/06/2019	15/11/2019	11/12/2019	Dutch	PDF
Full model	30/06/2018	16/11/2018	14/12/2018	Dutch	PDF
Full model	30/06/2017	17/11/2017	14/12/2017	Dutch	PDF
Full model	30/06/2016	18/11/2016	16/12/2016	Dutch	PDF
Abridged model	30/06/2015	20/11/2015	18/12/2015	Dutch	PDF
Abridged model	30/06/2014	30/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	31/12/2013	31/01/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/06/2025 · 2 active · 3 ended

Active mandates

Julie DESLE

Director · since 27 octobre 2015

Active

Miguel Cornille

Director · since 16 décembre 2011

Active

Ended mandates

Julie Desle

Manager · since 27 octobre 2015

Ended

Miguel Cornille

Manager · since 16 décembre 2011

Ended

Miguel Cornille

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares24/05/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/04/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other03/01/2012
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 202520,1 M €↑
2024
Annual accounts 20249,8 M €↑
2023
Annual accounts 20235 M €↑
2022
Annual accounts 20224,9 M €↓
2021
Annual accounts 20215,8 M €↑
2020
Annual accounts 20203,8 M €↑
2019
Annual accounts 20192,5 M €↑
2018
Annual accounts 2018181,2 k €↓
2017
Annual accounts 20173,2 M €↓
2016
Annual accounts 20164,6 M €↑
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 2014-2,8 k €↑
2013
Annual accounts 2013-6,3 k €
16/12/2011
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

FLOMIG

Overview

What does FLOMIG do?

Trend over 13 financial years

Indicative valuation

Board of directors

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