NORMAL SITUATION

FLUGIA

Financial year 2021 · closed on 30/09/2021
Net result
-247 k €
+86.6% YoY
Gross margin
-49,5 k €
-104.7% YoY
Equity
-742 k €
-49.9% YoY
Workforce
1,5 ETP
+50.0% YoY

Company — Normal situation.

What does FLUGIA do?

FLUGIA is a company registered in Belgium. It employs on average 1,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.890.343
Legal form
Public limited company
Contributed capital
1 200 000,00 €
Latest accounts
30/09/2021
Average workforce
1,5 ETP
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2021202020182017201620152014
Income statement
Gross margin-49,5 k €1,1 M €
EBITDA-281 k €916,8 k €157,3 k €217,8 k €253,8 k €312,6 k €777,3 k €
Operating result-283,8 k €916,8 k €36 k €73,4 k €81,6 k €110,2 k €585,4 k €
Net result-247 k €-1,8 M €2,2 k €7,2 k €3,7 k €17,5 k €779,4 k €
Balance sheet
Equity-742 k €-495 k €1,8 M €1,8 M €1,8 M €1,8 M €1,8 M €
Total assets444,1 k €757,3 k €4,8 M €5,3 M €4,6 M €4,8 M €4,9 M €
Cash20 k €262,9 k €23,8 k €6,2 k €26,7 k €58,6 k €170,5 k €
Debts1,1 M €1,3 M €3 M €3,5 M €2,7 M €2,9 M €3,1 M €
Other
Workforce1,5 ETP1,0 ETP0,6 ETP
Governance

Board of directors

Seen on filing of 30/09/2021 · 1 active · 21 ended

Active mandates

HILAMI

Managing director · 0881.189.768

Represented by Ahmed Hilami

Active

Ended mandates

Mohamed Bahaddou

Director · since 20 avril 2020 · until 30 mars 2026

Ended
ACORTIS

Director · since 01 septembre 2016 · until 23 juin 2017 · 0472.845.009

Represented by Stef De Corte

Ended
ACORTIS

Director · since 01 septembre 2016 · until 26 mars 2018 · 0472.845.009

Represented by Stef De Corte

Ended
Cafcauter

Chairman of the board of directors · since 17 février 2016 · until 26 mars 2018 · 0505.998.619

Represented by Jean Dooms

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/10/202001/10/201901/10/201801/10/201701/10/201601/10/2015
Closing of the financial year30/09/202130/09/202030/09/201930/09/201830/09/201730/09/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202201/06/202119/01/202130/04/201926/04/201825/04/2017
General meeting29/04/202226/05/202120/04/202025/03/201926/03/201827/03/2017
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202129/04/202230/04/2022FrenchPDF
Abridged model30/09/202026/05/202101/06/2021FrenchPDF
Abridged model30/09/201920/04/202019/01/2021DutchPDF
Full model30/09/201825/03/201930/04/2019DutchPDF
Full model30/09/201726/03/201826/04/2018DutchPDF
Full model30/09/201627/03/201725/04/2017DutchPDF
Full model30/09/201528/03/201628/04/2016DutchPDF
Full model30/09/201430/03/201531/03/2015DutchPDF
Estimate

Indicative valuation

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 30/09/2021 · 1 active · 21 ended

Active mandates

HILAMI

Managing director · 0881.189.768

Represented by Ahmed Hilami

Active

Ended mandates

Mohamed Bahaddou

Director · since 20 avril 2020 · until 30 mars 2026

Ended
ACORTIS

Director · since 01 septembre 2016 · until 23 juin 2017 · 0472.845.009

Represented by Stef De Corte

Ended
ACORTIS

Director · since 01 septembre 2016 · until 26 mars 2018 · 0472.845.009

Represented by Stef De Corte

Ended
Cafcauter

Chairman of the board of directors · since 17 février 2016 · until 26 mars 2018 · 0505.998.619

Represented by Jean Dooms

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2021
    Annual accounts 2021-247 k €
  2. 2020
    Annual accounts 2020-1,8 M €
  3. 2018
    Annual accounts 20182,2 k €
  4. 2017
    Annual accounts 20177,2 k €
  5. 2016
    Annual accounts 20163,7 k €
  6. 2015
    Annual accounts 201517,5 k €
  7. 2014
    Annual accounts 2014779,4 k €