ACTIVE

FlatTurtle

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Financial year 2025 · closed on 31/12/2025
Net result
-29,6 k €
-2174.1% YoY
Gross margin
-26,1 k €
-1251.9% YoY
Equity
12,3 k €
-70.7% YoY

What does FlatTurtle do?

FlatTurtle is a Private limited company incorporated in 2012. Its main activity is: Other information technology and computer service activities. Its registered office is in Zaventem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.961.762
Incorporation
22/02/2012
Legal form
Private limited company
Registered office
Ikaroslaan 1
1930 Zaventem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
62090Other information technology and computer service activities· main62900Computer programming, consultancy and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212019201820172016201520142013
Income statement
Gross margin-26,1 k €2,3 k €1,4 k €9,7 k €6,1 k €21,9 k €8,0 k €40,5 k €-10,2 k €28,2 k €15,2 k €-3,3 k €
EBITDA-27,0 k €1,8 k €902,6 €8,9 k €5,8 k €20,8 k €7,6 k €39,9 k €-11,5 k €26,5 k €13,8 k €-14,2 k €
Operating result-28,9 k €-1,6 k €-1,1 k €4,7 k €-33,5 €14,8 k €2,7 k €37,8 k €-22,0 k €16,5 k €3,1 k €-34,6 k €
Net result-29,6 k €-1,3 k €-1,2 k €3,4 k €-120,8 €10,1 k €2,6 k €32,2 k €-22,0 k €16,3 k €3,0 k €-34,7 k €
Balance sheet
Equity12,3 k €41,9 k €43,2 k €44,3 k €41,0 k €26,1 k €16,0 k €13,4 k €-18,8 k €3,2 k €-13,1 k €-16,1 k €
Total assets150,4 k €66,2 k €46,6 k €50,1 k €47,6 k €34,3 k €43,5 k €51,7 k €18,6 k €49,2 k €49,8 k €63,4 k €
Cash107,2 k €32,5 k €14,0 k €32,1 k €23,7 k €19,5 k €15,6 k €33,7 k €5,6 k €29,4 k €17,5 k €2,1 k €
Debts137,8 k €23,3 k €3,4 k €5,8 k €6,7 k €8,2 k €27,5 k €38,3 k €37,4 k €45,9 k €62,9 k €79,5 k €
Other
Workforce–––––––––––0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Nik Torfs

Director

Active
Yeri Tiete

Director

Active

Ended mandates

Nik Torfs

Director · since 20 mars 2016

Ended
Yeri Tiete

Director · since 22 février 2012

Ended
Astonique

Manager · 0445.781.910

Represented by Christophe Petitjean

Ended
Nik Torfs

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/03/202627/08/202514/06/202408/06/202309/06/202213/07/2021
General meeting02/03/202626/05/202527/05/202430/05/202330/05/202231/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/03/202611/03/2026DutchPDF
Micro model31/12/202426/05/202527/08/2025DutchPDF
Abridged model31/12/202327/05/202414/06/2024DutchPDF
Abridged model31/12/202230/05/202308/06/2023DutchPDF
Abridged model31/12/202130/05/202209/06/2022DutchPDF
Abridged model31/12/202031/05/202113/07/2021DutchPDF
Abridged model31/12/201925/05/202002/06/2020DutchPDF
Abridged model31/12/201827/05/201922/07/2019DutchPDF
Abridged model31/12/201728/05/201830/08/2018DutchPDF
Abridged model31/12/201629/05/201731/08/2017DutchPDF
Abridged model31/12/201530/05/201626/08/2016DutchPDF
Abridged model31/12/201426/05/201528/08/2015DutchPDF
Abridged model31/12/201326/05/201418/08/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 6 ended

Active mandates

Nik Torfs

Director

Active
Yeri Tiete

Director

Active

Ended mandates

Nik Torfs

Director · since 20 mars 2016

Ended
Yeri Tiete

Director · since 22 février 2012

Ended
Astonique

Manager · 0445.781.910

Represented by Christophe Petitjean

Ended
Nik Torfs

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office08/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/01/2023
    MAATSCHAPPELIJKE ZETEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/09/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/10/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/12/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office25/03/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/03/2012
    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

Timeline

  1. 2025
    Annual accounts 2025-29,6 k €↓
  2. 2024
    Annual accounts 2024-1,3 k €↓
  3. 2023
    Annual accounts 2023-1,2 k €↓
  4. 2022
    Annual accounts 20223,4 k €↑
  5. 2021
    Annual accounts 2021-120,8 €↓
  6. 2019
    Annual accounts 201910,1 k €↑
  7. 2018
    Annual accounts 20182,6 k €↓
  8. 2017
    Annual accounts 201732,2 k €↑
  9. 2016
    Annual accounts 2016-22,0 k €↓
  10. 2015
    Annual accounts 201516,3 k €↑
  11. 2014
    Annual accounts 20143,0 k €↑
  12. 2013
    Annual accounts 2013-34,7 k €
  13. 22/02/2012
    IncorporationPrivate limited company