Flanders Make ASBL
218.6 FTEFlanders Make reported revenue of €32.3m for the 2025 financial year (annual accounts filed with the NBB on 27 May 2026), with 218.6 full-time equivalents.
The score of Flanders Make shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue +28 % Equity +26 % Total assets +56 % Headcount (avg FTE) +24 %
Accounts of the company itself (not consolidated).
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Flanders Make's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €32.3m | ||||
| Net result | €1.54m | ||||
| Equity | €26.0m | ||||
| Cash | 184,569 € | ||||
| EBITDA | €2.85m | ||||
| Total assets | €234.7m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 27 May 2026
- Year ended 31 Dec 2024filed on 19 May 2025
- Year ended 31 Dec 2023filed on 27 May 2024
- Year ended 31 Dec 2022filed on 25 May 2023
- Year ended 31 Dec 2021filed on 25 May 2022
Flanders Make's financial analysis
- Solvency11.1%sector median: 60.4%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Flanders Make
Flanders Make's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0860.286.268
- VAT number
- BE0860286268
- Peppol
- Registered · 0208:0860286268 · as of 10 Nov 2026
- Legal form
- ASBL
- Incorporated
- 29 Aug 2003
- Registered office
- 3920 Lommel
- Size
- Medium · 218.6 FTE
- Latest accounts
- 2025 · filed on 27 May 2026
- Activity
- Research and experimental development on other natural sciences and engineering (NACE 72109)
Flanders Make (ASBL) has been based in Lommel since 2003, active in: research and experimental development on other natural sciences and engineering. For 2025, it reports revenue of €32.3m, a net profit of €1.54m and equity of €26.0m. With 218.6 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 11.1%, below the median of its sector (60.4%).
Companies similar to Flanders Make
Companies in the same business, of comparable size and area, outside its group.
- Vlaams Instituut Voor Biotechnologie - Flanders Institute FOR Biotechnology Research and experimental development on natural sciences and engineering Ghent · balance sheet €323.7m
- Fonds voor wetenschappelijk Onderzoek - Vlaanderen Research and experimental development on natural sciences and engineering Brussels · balance sheet €260.3m
- Centre DE Recherche EN Aeronautique Research and experimental development on natural sciences and engineering Charleroi · balance sheet €17.2m
- Materia Nova Research and experimental development on natural sciences and engineering Mons · balance sheet €31.5m
- Centre DE Recherches Metallurgiques - Centrum Voor Research IN DE Metallurgie Research and experimental development on natural sciences and engineering Brussels · balance sheet €55.0m
- TotalEnergies OneTech Belgium Research and experimental development on natural sciences and engineering Seneffe · balance sheet €116.7m
- Flanders’ FOOD Research and experimental development on natural sciences and engineering Saint-Josse-ten-Noode · balance sheet €23.6m
- Cargill R&D Centre Europe Research and experimental development on natural sciences and engineering Vilvoorde · balance sheet €99.2m
Frequently asked questions about Flanders Make
What is the revenue of Flanders Make?
According to the 2025 annual accounts filed with the NBB, the revenue of Flanders Make amounts to 32,344,337 €.
What is the VAT number of Flanders Make?
In Belgium, the VAT number is the company number prefixed with BE: BE0860286268 for Flanders Make, if the company is VAT-registered. Its company number (CBE) is 0860.286.268.
Where is the registered office of Flanders Make?
According to the CBE register, the registered office of Flanders Make is in 3920 Lommel.
What is the equity of Flanders Make?
At the close of the 2025 financial year, the equity of Flanders Make amounts to 26,028,388 €, a solvency of 11.1% of total assets.
How many people work at Flanders Make?
218.6 full-time equivalents on average according to the 2025 social balance sheet.
Who manages Flanders Make?
The register lists 13 active mandates at Flanders Make. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of Flanders Make
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →