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ADJ FLEX & FOAM

Active
Private limited companyfounded 201115 yrs activeLourdesstraat 28A, 8940 Wervik, BelgiumKBO/BCE: BE 0832.750.245
Summary

ADJ FLEX & FOAM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €797,552 and a net result of €246,069. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 4952 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

What they do
General cleaning of buildings
NACE 81210
#5 company by total assets in Wervik, Administrative and support services sector1 site
How big
€1.4mtotal assets 2025
Equity
€797,552
Profit
€246,069
Turnover not published (abridged schema)
Financially healthy?
91 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Who decides
Accounts 52 d early0 of 5 deeds read
Why 91- 1 change of registered office in 24 months- Sector Services to buildings and landscape activities (NACE 81)+ Figures for FY 2025 (filed 10-06-2026)+ Size: total assets €1.4mShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 83-1
equity 58.2% of total assets
Liquidity 52-15
short-term debt 29.9% · cash 11.4%
Profitability 91=
return on assets 17.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.0% (7,566 companies)
Last 3 months 08-2026: 0.2%highest value 09-2026: 0.2%▼ -0.5% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 10-06-2026) lowers the probability
  • Size: total assets €1.4m lowers the probability for this profile
  • Sector Services to buildings and landscape activities (NACE 81) raises the probability
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 1.98 against 2.32 in 2024; short-term debt: 29.9% and cash: 11.4% of total assets), and 41.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 81, micro). Better than this share of them on solvency 68%, liquidity 52%, profitability 77%, growth against the median 73%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 10-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €1.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Services to buildings and landscape activities (NACE 81)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
100 d early
2023
8 d late
2022
68 d early
2021
23 d late
2020
47 d early
2019
123 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 June (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €246,069 ▲31.2%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €8,997 · 4,947 companies €246,069 View
  • Positive: 8 profitable years in a rowprofit 2025: €246,069 8 years View
  • Positive: Result rose in 2025from €187,621 to €246,069 ▲ 31.2% View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Profit
€246,069
Solvency
58.2%
Total assets▲ 32.0%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 09-06-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 22-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General cleaning of buildingsNACE 81210
Founded
05-01-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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