NORMAL SITUATION

FLIGHTWORKS

Financial year 2021 · closed on 31/12/2021
Net result
-29,2 k €
-945.1% YoY
Gross margin
-23,4 k €
-331.3% YoY
Equity
66,8 k €
-30.4% YoY

Company — Normal situation.

What does FLIGHTWORKS do?

FLIGHTWORKS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.846.159
Legal form
Ordinary limited partnership
Contributed capital
5 000,00 €
Latest accounts
31/12/2021
Signals
Solid equityGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-23,4 k €10,1 k €52,2 k €70,5 k €65,7 k €81,4 k €61,5 k €59,6 k €29,5 k €27,1 k €18,5 k €52,6 k €95,3 k €84,6 k €62,3 k €13,1 k €
EBITDA-24,4 k €9,2 k €50,6 k €69,4 k €64,9 k €79,9 k €60,1 k €58,5 k €28,6 k €25,6 k €17,3 k €50,8 k €91,7 k €82,4 k €61,2 k €12,5 k €
Operating result-28,7 k €5,7 k €39,6 k €58,1 k €49,0 k €64,1 k €40,2 k €33,0 k €9,0 k €2,1 k €-11,2 k €22,3 k €74,7 k €65,5 k €53,4 k €6,4 k €
Net result-29,2 k €3,5 k €22,5 k €36,1 k €30,5 k €41,5 k €23,6 k €23,0 k €5,7 k €13,7 k €-6,8 k €14,8 k €49,1 k €42,6 k €33,3 k €2,7 k €
Balance sheet
Equity66,8 k €96,0 k €92,6 k €70,1 k €91,1 k €80,6 k €84,1 k €100,6 k €117,5 k €151,8 k €138,1 k €144,9 k €130,1 k €81,0 k €38,4 k €5,1 k €
Total assets70,0 k €116,4 k €134,2 k €172,7 k €139,2 k €153,5 k €144,6 k €169,4 k €162,5 k €160,8 k €139,1 k €161,3 k €159,5 k €110,2 k €49,5 k €29,7 k €
Cash59,8 k €105,2 k €121,9 k €135,0 k €103,6 k €52,6 k €37,1 k €52,5 k €57,4 k €57,8 k €3,4 k €8,1 k €66,8 k €21,9 k €17,8 k €10,0 k €
Debts3,2 k €20,4 k €41,7 k €102,7 k €48,1 k €72,9 k €60,4 k €68,9 k €44,9 k €9,0 k €1,0 k €16,4 k €29,4 k €29,2 k €11,1 k €24,6 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 1 ended

Active mandates

Jan Evens

Director

Active

Ended mandates

Jan Evens

Manager

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/06/202226/07/202124/07/202019/06/201905/06/201824/07/2017
General meeting03/06/202204/06/202105/06/202007/06/201901/06/201802/06/2017
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202103/06/202228/06/2022DutchPDF
Micro model31/12/202004/06/202126/07/2021DutchPDF
Micro model31/12/201905/06/202024/07/2020DutchPDF
Micro model31/12/201807/06/201919/06/2019DutchPDF
Micro model31/12/201701/06/201805/06/2018DutchPDF
Micro model31/12/201602/06/201724/07/2017DutchPDF
Abridged model31/12/201503/06/201623/06/2016DutchPDF
Abridged model31/12/201405/06/201529/07/2015DutchPDF
Abridged model31/12/201306/06/201430/07/2014DutchPDF
Abridged model31/12/201207/06/201327/06/2013DutchPDF
Abridged model31/12/201101/06/201207/06/2012DutchPDF
Abridged model31/12/201003/06/201108/06/2011DutchPDF
Abridged model31/12/200904/06/201009/06/2010DutchPDF
Abridged model31/12/200805/06/200929/06/2009DutchPDF
Abridged model31/12/200706/06/200813/06/2008DutchPDF
Abridged model31/12/200601/06/200722/06/2007DutchPDF
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 31/12/2021 · 1 active · 1 ended

Active mandates

Jan Evens

Director

Active

Ended mandates

Jan Evens

Manager

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.

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-29,2 k €
  2. 2020
    Annual accounts 20203,5 k €
  3. 2019
    Annual accounts 201922,5 k €
  4. 2018
    Annual accounts 201836,1 k €
  5. 2017
    Annual accounts 201730,5 k €
  6. 2016
    Annual accounts 201641,5 k €
  7. 2015
    Annual accounts 201523,6 k €
  8. 2014
    Annual accounts 201423,0 k €
  9. 2013
    Annual accounts 20135,7 k €
  10. 2012
    Annual accounts 201213,7 k €
  11. 2011
    Annual accounts 2011-6,8 k €
  12. 2010
    Annual accounts 201014,8 k €
  13. 2009
    Annual accounts 200949,1 k €
  14. 2008
    Annual accounts 200842,6 k €
  15. 2007
    Annual accounts 200733,3 k €
  16. 2006
    Annual accounts 20062,7 k €