ACTIVE

Flexcity Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €+2,0 %over 1 year
Revenue19,2 M €-37,3 %over 1 year
Equity557,9 k €+0,0 %over 1 year
Workforce24,4 ETP+19,0 %over 1 year

Identity

Source · BCE/KBO

Flexcity Belgium is a Public limited company incorporated in 2006. Its main activity is: Wired telecommunications activities. Its registered office is in Saint-Gilles. It employs on average 24,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.270.050
Incorporation
27/03/2006
Legal form
Public limited company
Registered office
Boulevard Poincaré 78-79
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
65 800,00 €
Latest accounts
31/12/2025
Average workforce
24,4 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue19,2 M €30,6 M €29,4 M €24,8 M €10,2 M €
EBITDA2,1 M €2 M €3,4 M €4,3 M €385,6 k €
Operating result2 M €1,9 M €3,4 M €4,3 M €385,6 k €
Net result1,5 M €1,5 M €2,7 M €3,2 M €233,1 k €
Balance sheet
Equity557,9 k €557,7 k €556,7 k €366,7 k €203,8 k €
Total assets10,5 M €15,2 M €19,9 M €17,3 M €8,3 M €
Cash–8,7 M €11,1 M €11,1 M €3,9 M €
Debts9,4 M €14,6 M €19,3 M €16,9 M €8,1 M €
Other
Workforce24,4 ETP20,5 ETP15,0 ETP11,3 ETP8,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 40 ended

Active mandates

Arnout Aertgeerts

Managing director · since 23 juin 2025 · until 06 juin 2031

Active
Franck Arlen

Director · since 23 juin 2025 · until 06 juin 2031

Active
Jérome Waterkeyn

Director · since 23 juin 2025 · until 06 juin 2031

Active
Thomas Deruytter

Director · since 23 juin 2025 · until 06 juin 2031

Active

Ended mandates

Thomas Deruytter

Director · since 08 août 2023 · until 06 juin 2025

Ended
Thomas Deruytter

Director · since 08 août 2023 · until 23 juin 2025

Ended
Arnout Aertgeerts

Managing director · since 24 avril 2023 · until 06 juin 2025

Ended
Arnout Aertgeerts

Managing director · since 24 avril 2023 · until 23 juin 2025

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/07/202603/07/202526/07/202413/07/202316/06/202215/07/2021
General meeting17/06/202623/06/202528/06/202402/06/202303/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202624/07/2026DutchPDF
Full model31/12/202423/06/202503/07/2025DutchPDF
Full model31/12/202423/06/202503/07/2025FrenchPDF
Full model31/12/202328/06/202426/07/2024FrenchPDF
Full model31/12/202202/06/202313/07/2023FrenchPDF
Full model31/12/202103/06/202216/06/2022FrenchPDF
Full model31/12/202030/06/202115/07/2021FrenchPDF
Abridged modelCorrection31/12/201930/06/202115/07/2021FrenchPDF
Abridged model31/12/201925/09/202008/10/2020FrenchPDF
Abridged model31/12/201807/06/201931/07/2019DutchPDF
Abridged model31/12/201701/06/201820/07/2018DutchPDF
Abridged model31/12/201602/06/201727/07/2017DutchPDF
Abridged model31/12/201503/06/201628/06/2016DutchPDF
Abridged model31/12/201405/06/201508/07/2015DutchPDF
Abridged model31/12/201306/06/201429/07/2014DutchPDF
Abridged model30/12/201222/02/201326/06/2013DutchPDF
Abridged model30/12/201101/06/201227/06/2012DutchPDF
Abridged model30/12/201003/06/201130/06/2011DutchPDF
Abridged model30/12/200904/06/201018/07/2010DutchPDF
Abridged model30/12/200805/06/200923/07/2009DutchPDF
Abridged model30/12/200706/06/200830/06/2008DutchPDF
Abridged model30/12/200601/06/200730/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 40 ended

Active mandates

Arnout Aertgeerts

Managing director · since 23 juin 2025 · until 06 juin 2031

Active
Franck Arlen

Director · since 23 juin 2025 · until 06 juin 2031

Active
Jérome Waterkeyn

Director · since 23 juin 2025 · until 06 juin 2031

Active
Thomas Deruytter

Director · since 23 juin 2025 · until 06 juin 2031

Active

Ended mandates

Thomas Deruytter

Director · since 08 août 2023 · until 06 juin 2025

Ended
Thomas Deruytter

Director · since 08 août 2023 · until 23 juin 2025

Ended
Arnout Aertgeerts

Managing director · since 24 avril 2023 · until 06 juin 2025

Ended
Arnout Aertgeerts

Managing director · since 24 avril 2023 · until 23 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates27/08/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

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 20251,5 M €↑
  2. 2024
    Annual accounts 20241,5 M €↓
  3. 2023
    Annual accounts 20232,7 M €↓
  4. 2022
    Annual accounts 20223,2 M €↑
  5. 2021
    Annual accounts 2021233,1 k €↓
  6. 2020
    Annual accounts 2020268,5 k €↑
  7. 2019
    Annual accounts 2019106,9 k €↓
  8. 2019
    Name changeFLEXCITY BELGIUM
  9. 2018
    Annual accounts 2018178,8 k €↑
  10. 2017
    Annual accounts 2017132 k €↑
  11. 2016
    Annual accounts 2016115,7 k €↓
  12. 2015
    Annual accounts 2015326,6 k €↑
  13. 2014
    Annual accounts 2014-222 k €↓
  14. 2013
    Annual accounts 2013-42,3 k €↓
  15. 2013
    Name changeACTILITY BENELUX
  16. 2012
    Annual accounts 20123 k €↑
  17. 2012
    Name changeENERFLEXY
  18. 2011
    Annual accounts 2011-4,4 k €↓
  19. 2010
    Annual accounts 2010-2,3 k €↓
  20. 2009
    Annual accounts 20091,4 k €↓
  21. 2008
    Annual accounts 20084 k €
  22. 2008
    Name changeCALL PARK B.V.B.A
  23. 27/03/2006
    IncorporationPublic limited company