AB Flex
ActiveThe computed 12-month bankruptcy probability of AB Flex is 2.1% (moderate). The 2025 annual accounts show equity of €59k and a net result of €-13k. Its solvency ranks better than 66% of 11200 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency99▼-1
Growth32
Stability82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 3.1 in 2024), and 38.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.6%
Return on assets
-13.5%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-09-2025, 45 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
45 d early
2024
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close15-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 18.0%
2024 · €72k
2024: €72k
2024 → 2025
Total assets
€95k▼ 9.0%
2024 · €105k
2024: €105k
2024 → 2025
Net result
€-13k
2024 · €69k
2024: €69k
2024 → 2025
Working capital
€55k▼ 20.6%
2024 · €70k
2024: €70k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€72k-€59k▼ 18.0%
Operating result€86k-€-15k
Net result€69k-€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €86k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€4k▲ 73.0%
Current assets
€92k▼ 10.6%
Equity and liabilities €95k
Equity
€59k▼ 18.0%
Debt
€37k▲ 10.4%
The debt ratio rises from 31.6% to 38.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-14k▼
2024 · €87k
Cash flow
€-12k▼
2024 · €70k
Solvency
61.6%▼
2024 · 68.4%
Current ratio
2.51▼
2024 · 3.10
Quick ratio
2.34▼
2024 · 2.72
Debt / equity
0.62▲
2024 · 0.46
ROE
-21.9%▼
2024 · 96.9%
ROA
-13.5%▼
2024 · 66.3%
Interest coverage
-28.00▼
2024 · 3958.03
Debt
€37k▲
2024 · €33k
Debt ≤ 1 year
€37k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€95k▼
Fixed assets21/28€2k€4k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€2k€3k▲
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€225€225=
Current assets29/58€103k€92k▼
Stocks and contracts in progress3€12k€6k▼
Stocks30/36€12k€6k▼
Amounts receivable within one year40/41€17k€51k▲
Trade receivables40€4k€32k▲
Other amounts receivable41€13k€19k▲
Cash at bank and in hand54/58€72k€22k▼
Deferred charges and accrued income490/1€804€12k▲
Equity and liabilities
Total equity and liabilities10/49€105k€95k▼
Equity10/15€72k€59k▼
Contributions10/11€2k€2k=
Reserves13€69k€69k=
Distributable reserves133€69k€69k=
Profit (loss) carried forward14-€-13k
Amounts payable17/49€33k€37k▲
Amounts payable within one year42/48€33k€37k▲
Trade debts44€11k€23k▲
Suppliers440/4€11k€23k▲
Taxes, remuneration and social security45€22k€13k▼
Taxes450/3€22k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€664€901▲
Other operating charges640/8€321€126▼
Gross operating margin9900€87k€-14k▼
Operating profit (loss)9901€86k€-15k▼
Financial income75/76B€800€3k▲
Recurring financial income75€800€3k▲
Financial charges65/66B€22€516▲
Recurring financial charges65€22€516▲
Profit (loss) for the period before taxes9903€87k€-13k▼
Income taxes67/77€18k-
Profit (loss) for the period9904€69k€-13k▼
Profit (loss) for the period to be appropriated9905€69k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€-13k▼
Transfer to equity691/2€69k-
To other reserves6921€69k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Henri Lebbestraat 1888790 WaregemGround area
1,510 m²
Building footprint
1,056 m²
Volume, LiDAR
7,373 m³
Parcel 34040C1249/00W002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB Flex
since 20232.352.613.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1249/00W002 | Flanders | 1,510 m² | 1 · 1,056 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,128 companies in sector 46190 we hold annual accounts for 2,554. 1,939 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-03
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.