FLAG
0875.609.496 · rovalta.com · 21/09/2026
NORMAL SITUATION
FLAG
Financial year 2025 · closed on 31/12/2025
Net result
-3,1 k €
-2683.1% YoY
Gross margin
-2,7 k €
-18.5% YoY
Equity
-132,4 k €
-2.4% YoY
Company — Normal situation.
Strike-off: 12 août 2026
Overview
What does FLAG do?
FLAG is a Private limited company incorporated in 2005. Its main activity is: Other professional, scientific and technical activities.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0875.609.496
Incorporation
12/08/2005
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
Healthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | -2,7 k € | -18.5% | -2,3 k € | -123% | -1,0 k € | +85.7% | -7,1 k € | -151% | 13,8 k € | -78.8% | 65,1 k € | -11.0% | 73,1 k € | +59.1% | 46,0 k € | -37.5% | 73,5 k € | +49.0% | 49,3 k € | +67.2% | 29,5 k € | -32.9% | 43,9 k € | +23.2% | 35,6 k € | +112% | 16,8 k € | -27.7% | 23,2 k € | -23.1% | 30,2 k € | -26.3% | 41,0 k € | -23.4% | 53,6 k € |
| EBITDA | -2,9 k € | -1403% | 221,6 € | +111% | -1,9 k € | +90.5% | -20,3 k € | -317% | 9,4 k € | +170% | -13,4 k € | +19.0% | -16,6 k € | +31.6% | -24,2 k € | -192% | 26,3 k € | +169% | -38,3 k € | -1207% | -2,9 k € | -110% | 28,7 k € | +26.2% | 22,7 k € | +40.1% | 16,2 k € | +697% | -2,7 k € | +83.4% | -16,4 k € | -368% | -3,5 k € | +41.6% | -6,0 k € |
| Operating result | -2,9 k € | -1403% | 221,6 € | +111% | -1,9 k € | +90.5% | -20,3 k € | -333% | 8,7 k € | +150% | -17,6 k € | +1.1% | -17,8 k € | +33.1% | -26,6 k € | -232% | 20,1 k € | +146% | -43,9 k € | -276% | -11,7 k € | -155% | 21,3 k € | +26.0% | 16,9 k € | +77.3% | 9,5 k € | +209% | -8,8 k € | +61.7% | -22,9 k € | -84.4% | -12,4 k € | +4.4% | -13,0 k € |
| Net result | -3,1 k € | -2683% | 120,2 € | +106% | -2,0 k € | +90.0% | -20,2 k € | -333% | 8,7 k € | +149% | -17,7 k € | -3.2% | -17,2 k € | +35.5% | -26,7 k € | -255% | 17,2 k € | +138% | -45,1 k € | -288% | -11,6 k € | -157% | 20,4 k € | +19.9% | 17,0 k € | +74.4% | 9,8 k € | +215% | -8,5 k € | +58.3% | -20,4 k € | -64.9% | -12,4 k € | +8.3% | -13,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -132,4 k € | -2.4% | -129,3 k € | +0.1% | -129,4 k € | -1.6% | -127,4 k € | -18.9% | -107,2 k € | -19.0% | -90,0 k € | -24.6% | -72,3 k € | -31.2% | -55,1 k € | -93.8% | -28,4 k € | +37.7% | -45,6 k € | -8460% | -533,0 € | -105% | 11,1 k € | +219% | -9,3 k € | +64.6% | -26,4 k € | +27.0% | -36,1 k € | +9.8% | -40,0 k € | -104% | -19,6 k € | -170% | -7,3 k € |
| Total assets | 1,4 k € | -71.9% | 4,9 k € | -51.5% | 10,2 k € | -47.2% | 19,3 k € | +19.2% | 16,2 k € | -73.0% | 60,0 k € | -5.3% | 63,4 k € | +21.3% | 52,3 k € | -16.2% | 62,4 k € | +10.8% | 56,3 k € | +13.6% | 49,5 k € | -14.9% | 58,2 k € | -13.8% | 67,5 k € | +12.6% | 60,0 k € | -25.2% | 80,2 k € | -33.6% | 120,7 k € | +22.0% | 99,0 k € | -1.8% | 100,8 k € |
| Cash | 1,2 k € | -58.1% | 3,0 k € | -63.8% | 8,2 k € | +118% | 3,8 k € | -52.3% | 7,9 k € | -49.7% | 15,7 k € | +198% | 5,3 k € | +80.3% | 2,9 k € | -22.3% | 3,8 k € | -56.7% | 8,7 k € | +16.3% | 7,5 k € | +2.8% | 7,3 k € | -41.2% | 12,4 k € | -32.0% | 18,2 k € | +27.8% | 14,2 k € | +16.3% | 12,2 k € | -41.1% | 20,8 k € | +199% | 6,9 k € |
| Debts | 133,8 k € | -0.3% | 134,2 k € | -3.8% | 139,6 k € | -4.8% | 146,7 k € | +19.9% | 122,4 k € | +0.6% | 121,7 k € | +2.2% | 119,1 k € | +39.9% | 85,1 k € | +17.0% | 72,7 k € | -8.9% | 79,9 k € | +112% | 37,7 k € | +22.1% | 30,9 k € | -46.0% | 57,1 k € | -2.6% | 58,7 k € | -14.1% | 68,3 k € | -30.2% | 97,8 k € | +2.7% | 95,2 k € | +24.0% | 76,7 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | 1,5 ETP | -11.8% | 1,7 ETP | +88.9% | 0,9 ETP | +50.0% | 0,6 ETP | +50.0% | 0,4 ETP | – | 0,6 ETP | -40.0% | 1,0 ETP | 0.0% | 1,0 ETP | -23.1% | 1,3 ETP | ||||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Fabrice Dendraen
ActiveEnded mandates
Fabrice Dendraen
EndedMarie Vachey
EndedFabrice Dendraen
EndedFabrice Dendraen
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/04/2026 | 17/07/2025 | 05/07/2024 | 20/06/2023 | 19/07/2022 | 31/08/2021 |
| General meeting | 27/04/2026 | 17/06/2025 | 18/06/2024 | 20/06/2023 | 21/06/2022 | 15/06/2021 |
| 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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Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 27/04/2026 | 30/04/2026 | Dutch | |
| Micro model | 31/12/2024 | 17/06/2025 | 17/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/06/2024 | 05/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 20/06/2023 | 20/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/06/2022 | 19/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 15/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 24/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 30/06/2019 | 30/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 19/06/2018 | 12/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 20/06/2017 | 10/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/06/2016 | 20/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/06/2015 | 15/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 17/06/2014 | 14/07/2014 | French | |
| Abridged model | 31/12/2012 | 18/06/2013 | 18/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 19/06/2012 | 04/07/2012 | French | |
| Abridged model | 31/12/2010 | 21/06/2011 | 24/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/06/2010 | 05/07/2010 | French | |
| Abridged model | 31/12/2008 | 30/06/2009 | 24/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 17/06/2008 | 27/06/2008 | French | |
| Abridged model | 31/12/2006 | 19/06/2007 | 25/06/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Fabrice Dendraen
ActiveEnded mandates
Fabrice Dendraen
EndedMarie Vachey
EndedFabrice Dendraen
EndedFabrice Dendraen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Court decision11/06/2026RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
- Mandates30/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates04/03/2014ONTSLAGEN - BENOEMINGEN
- Mandates16/04/2010ONTSLAGEN - BENOEMINGEN
- Other25/08/2005RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-3,1 k €↓
- 2024Annual accounts 2024120,2 €↑
- 2023Annual accounts 2023-2,0 k €↑
- 2022Annual accounts 2022-20,2 k €↓
- 2021Annual accounts 20218,7 k €↑
- 2018Annual accounts 2018-17,7 k €↓
- 2017Annual accounts 2017-17,2 k €↑
- 2016Annual accounts 2016-26,7 k €↓
- 2015Annual accounts 201517,2 k €↑
- 2014Annual accounts 2014-45,1 k €↓
- 2013Annual accounts 2013-11,6 k €↓
- 2012Annual accounts 201220,4 k €↑
- 2011Annual accounts 201117,0 k €↑
- 2010Annual accounts 20109,8 k €↑
- 2009Annual accounts 2009-8,5 k €↑
- 2008Annual accounts 2008-20,4 k €↓
- 2007Annual accounts 2007-12,4 k €↑
- 2006Annual accounts 2006-13,5 k €
- 12/08/2005IncorporationPrivate limited company