ACTIVE

Flex-tiles

Financial year 2025 · closed on 31/12/2025
Net result
94,5 k €
+44.2% YoY
Revenue
1,7 M €
Equity
162 k €
+140.0% YoY
Workforce
2,0 ETP

What does Flex-tiles do?

Flex-tiles is a Private limited company incorporated in 2024. Its main activity is: Floor and wall covering. Its registered office is in Affligem. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1008.682.313
Incorporation
23/04/2024
Legal form
Private limited company
Registered office
Schaapschuur 2
1790 Affligem · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Revenue1,7 M €
EBITDA108,4 k €110 k €
Operating result107,2 k €80,1 k €
Net result94,5 k €65,5 k €
Balance sheet
Equity162 k €67,5 k €
Total assets513 k €252 k €
Cash153,4 k €39,1 k €
Debts350,9 k €184,5 k €
Other
Workforce2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

VISTA GROUP

Director · since 28 janvier 2025 · 1017.608.192

Represented by Klaas Van den Bossche

Active

Ended mandates

VISTA GROUP

Director · 1017.608.192

Represented by Klaas Van den Bossche

Ended
At this address

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VISTA GROUPActive
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Annual accounts

Full financial information

20252024
Type of accountAbridged modelMicro model
Start of the financial year01/01/202523/04/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months9 months
Filing date01/07/202612/08/2025
General meeting26/06/202627/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202601/07/2026DutchPDF
Micro model31/12/202427/06/202512/08/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 1 ended

Active mandates

VISTA GROUP

Director · since 28 janvier 2025 · 1017.608.192

Represented by Klaas Van den Bossche

Active

Ended mandates

VISTA GROUP

Director · 1017.608.192

Represented by Klaas Van den Bossche

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2024
    MAATSCHAPPELIJKE ZETEL, BENAMING, ONTSLAGEN,
    PDF
  • Other25/04/2024
    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 202594,5 k €
  2. 2024
    Annual accounts 202465,5 k €
  3. 23/04/2024
    IncorporationPrivate limited company