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Admin Flemax

Active Private limited companyfounded 2016active for 10 yearsMolenstraat 26, 9340 LedeKBO/BCE: BE 0665.828.982 #10 company by equity in Lede, Administrative and support services sector

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €73,427 (2023)
€72,284▲ 0.6%
peak €31,267 (2023)
€28,745▲ 2.7%
peak €248,112 (2025)
€248,112▲ 13.1%
€325,725▼ 15.6%
Board1 name since 2016
1 director
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Equity from €219,366 to €248,112Debts from €385,810 to €325,725

Key points

from the 2025 annual accounts

Equity

€248,112 ▲ 13.1%

Admin Flemax has made a profit in every financial year since 2017.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Filings

9 annual accounts 4 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 100 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as Admin Flemax has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for Admin Flemax. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 25 sharesdeed of 14-09-2023
  • 25 sharesdeed of 14-09-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0665828982
Change of role: , from manager to director holds 25 shares · holds 25 shares · General meeting of 07-09-2023 · Gazette deed
Incorporation Founding capital of €50,000, 50 shares · Founders: ; · Appointment: (manager) · published on 10-11-2016 · Gazette deed
First establishment Molenstraat 26, Lede
All 17 events

Comparable companies

same main activity, similar in size and age
Company
Admin Flemax Lede €573,837 €72,284 43.2% -
CENTRE MEDICAL TILIA Verviers €549,615 €84,454 -0.4% -
KIZO Ixelles €663,167 €66,192 2.6% -
JDF BEHEER Nijlen €685,869 €61,491 8.8% -
LTC Invest Sombreffe €446,638 €79,288 20.4% -
SKYLAB FACTORY Mouscron €672,249 €85,977 -0.8% -
CAMUZEO Uccle €747,342 €70,115 25.6% 0.5

These companies have the same main activity as Admin Flemax: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €447,000 and €747,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 08-11-2016Normal situation
Activity
Office administrative and support servicesNACE 82100and 1 other
Establishment unit
2.259.540.0719340 Lede, since 08-11-2016
Financial year end
31 December
Peppol
Reachable since 17-01-2026
Company details

Annual accounts 2025

€72,284▲ 0.6%
€28,745▲ 2.7%
€248,112▲ 13.1%
€573,837▼ 5.2%
Filing
Filed on 18-08-2026
Financials

Insights on Admin Flemax

Admin Flemax files the micro format. That format states no turnover. The gross margin rose from €67,854 in 2017 to €72,284 in 2025.

The balance sheet grew most in 2018 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 18-08-2026, 18 days late
€72,284
▲ 0.6%
€44,463
▼ 1.2%
€28,745
▲ 2.7%
-€139,885
▼ €7,196
43.2%
▲ 7.0 percentage points
0.29
▼ 0.03

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €120,000 and €200,000.

Balance sheet

balance sheet total €573,837 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

43.2%

Higher than 44% of 10,252 companies in 2025.

0.29

Higher than 9% of 9,835 companies in 2025.

5.0%

Higher than 38% of 9,977 companies in 2025.

Admin Flemax Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 573,837605,177618,736631,644639,932588,600623,214625,983390,690
21/28 517,305542,812568,319587,947614,634565,721588,305606,230359,443
22/27 517,305542,812568,319587,947614,634565,721588,305606,230359,443
22 517,305542,812568,319587,947614,634565,721588,305606,230359,443
29/58 56,53162,36450,41743,69725,29822,87834,90919,75331,247
40/41 18,24716,44416,97918,07423,15020,98219,1176,20711,979
40 16,66216,44416,44417,09717,42417,31517,7516,20711,979
41 1,58605369775,7263,6671,366--
54/58 37,35745,92133,43725,6232,1491,89615,79213,54619,268
490/1 927--------
Balance sheet: equity and liabilities
10/49 573,837605,177618,736631,644639,932588,600623,214625,983390,690
10/15 248,112219,366191,385160,118138,822114,61683,98255,63450,362
10/11 50,00050,00050,00050,00050,00050,00050,00050,00050,000
100 ------50,00050,00050,000
13 197,767169,022141,041109,77488,47864,27133,6385,29018
130/1 318318318318318318---
130 ------31831818
1311 318318318318318318---
133 197,449168,704140,723109,45688,16063,95333,3204,972-
14 344344344344344344344344344
17/49 325,725385,810427,350471,526501,110473,984539,231570,348340,328
17 129,309190,757190,757220,815253,004280,077308,253336,430267,300
170/4 129,309190,757190,757220,815253,004280,077308,253336,430267,300
42/48 196,416195,053236,594250,710248,105193,907230,978233,91872,621
42 33,5073,12832,54432,07329,03228,26628,17727,74119,446
44 150-082-4445353210
440/4 150-082-4445353210
45 3,8513,8505,8792,8123,0242,9615133,779170
450/3 3,8513,8505,8792,8123,0242,9615133,779170
47/48 158,908188,075198,171215,744216,050162,236202,236202,34552,795
492/3 --------406
Income statement
9900 72,28471,82173,42767,89469,64771,26069,50469,65967,854
630 25,50725,50727,58026,68625,88824,75324,53655,47059,566
640/8 2,3141,3221,9311,2811,1301,5681,080771572
9901 44,46344,99243,91539,92642,62944,93943,88813,4187,717
75/76B 883----0---
75 883----0---
65/66B 3,1873,9533,7834,3527,2142,6075,6595,2257,355
65 3,1873,9533,7834,3527,2142,6075,6595,2257,355
9903 42,16041,03940,13235,57535,41542,33238,2308,193362
67/77 13,41413,0588,86614,27911,20911,6999,8822,921-
9904 28,74527,98131,26721,29624,20630,63328,3485,272362
9905 28,74527,98131,26721,29624,20630,63328,3485,272362
Appropriation of the result
9906 29,08928,32631,61121,64024,55130,97828,6925,616362
14P 344344344344344----
691/2 28,74527,98131,26721,29624,20630,63328,3485,27218
6920 -------30018
6921 28,74527,98131,26721,29624,20630,63328,3484,972-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415883.

Financial year Type Filed Reference Document
31-12-2025 micro format 18-08-2026 2026-00415883 PDF
31-12-2024 micro format 11-08-2025 2025-00374865 PDF
31-12-2023 micro format 21-06-2024 2024-00158409 PDF
31-12-2022 micro format 30-06-2023 2023-00207625 PDF
31-12-2021 micro format 14-06-2022 2022-20079557 PDF
31-12-2020 micro format 31-08-2021 2021-65000132 PDF
31-12-2019 micro format 08-11-2020 2020-70300464 PDF
31-12-2018 micro format 08-07-2019 2019-30300213 PDF
31-12-2017 micro format 21-06-2018 2018-21300476 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
69,97070,49971,49666,61368,51769,69268,42468,88867,283
54,25253,48858,84747,98350,09455,38652,88460,74259,928
007,952074,8002,1706,611302,256419,009
-8,56412,4837,81423,474253-13,8962,246-5,722-
-139,885-132,689-186,177-207,014-222,807-171,029-196,069-214,165-41,374
43.2%36.2%30.9%25.3%21.7%19.5%13.5%8.9%12.9%
0.290.320.210.170.100.120.150.080.43
1.311.762.232.943.614.146.4210.256.76
11.6%12.8%16.3%13.3%17.4%26.7%33.8%9.5%0.7%
5.0%4.6%5.1%3.4%3.8%5.2%4.5%0.8%0.1%
21.9617.8418.9015.319.50----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€0€7,952-€74,800
€25,507€25,507€27,580€26,686€25,888

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Admin Flemax

The operating result for 2025 is 1% lower than in 2024.

Debt's share of the balance-sheet total falls from 63.8% to 56.8%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, no change since 2023
Director (not named in the articles)
appointed by deed of 14-09-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 18-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 14-09-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarlier
Mandates as a list
    • Manager, from 02-11-2016 to 14-09-2023
    • Director (not named in the articles), appointed by deed of 14-09-2023, still in office

See the board, name and registered office on a given date →

Control

Shareholders
,
This company
Admin Flemax
Equity €248,112
Profit €28,745 in 2025

Capital

Contribution
€50,000
Shares
50
Contribution per share
€1,000
Equity per share
€4,962 in 2025
Source
2025 annual accounts

Articles of association

deed of 14-09-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), nietigheid bij gebrek”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00

Shareholders

Stated in the deed deed of 14-09-2023 ↗
  • 25 shares
  • 25 shares
At incorporation deed of 10-11-2016 ↗
  • 25 shares (50%) · €25,000
  • 25 shares (50%) · €25,000

Capital transactions

Capital over time
  1. 14-09-2023 Converted to unavailable equity
  2. 10-11-2016 Incorporation · €50,000 · 50 shares

Network & group

No group

Admin Flemax has no parent and no holdings in its annual accounts. is the only director. Admin Flemax shares no director with another company.

At the same address

Molenstraat 26, 9340 Lede · 1 other company
Hans Govaert
registered office since 15-10-2014 · founded in 2014
total assets €3.4m (2025)
0564.709.353

Timeline

Timeline

17 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 18 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0665828982
2025
Annual accounts 2024 filed PDFmicro format · 11 days late
2024
Equity above €200,000 equity €219,366 ▲14.6% With a profit in every financial year since 2017, equity grows to €219,366.
Annual accounts 2023 filed PDFmicro format · 40 days before the deadline
2023
Highest result from 2017 to 2025 net €31,267 ▲46.8% The net result of €31,267 is the highest of those years.
Change of role: , from manager to director holds 25 shares · holds 25 shares · General meeting of 07-09-20237 points ▸
  • General meeting, 07-09-2023
  • holds 25 shares
  • holds 25 shares
  • 50 shares
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Molenstraat 26, 9340 Lede
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 31 days before the deadline
2022
Equity above €150,000 equity €160,118 ▲15.3% With a profit in every financial year since 2017, equity grows to €160,118.
Annual accounts 2021 filed PDFmicro format · 47 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Equity above €100,000 equity €114,616 ▲36.5% With a profit in every financial year since 2017, equity grows to €114,616.
Annual accounts 2019 filed PDFmicro format · 100 days late
2019
Annual accounts 2018 filed PDFmicro format · 23 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 40 days before the deadline
2016
IncorporationFounding capital of €50,000, 50 shares · Founders: ; · Appointment: (manager) · published on 10-11-20164 points ▸
  • Founder,
  • Founder,
  • Founding capital, €50,000, 50 shares
  • Director appointment, (manager)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Molenstraat 26, Lede

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 8 November 2016, Admin Flemax was incorporated by two natural persons, with a starting capital of €50,000.12 is director of the company, appointed by deed of 14-09-2023.3 Total assets went from €625,983 in 2018 to €573,837 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-11-2016
  3. 3Belgian Official Gazette, 14-09-2023
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0665.828.982
VAT number
BE 0665.828.982
Peppol ID
0208:0665828982
Other Peppol ID
9925:BE0665828982
Legal form
Private limited company
Status
Active, normal situation
Founded
08-11-2016
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00
deed of 14-09-2023 (in Dutch)
Peppol
Reachable since 17-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Admin Flemax in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-09-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Admin Flemax
deed of 14-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 14-09-2023 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82110 Office administrative, office support and other business support activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van advies en van dienstprestaties,het uitvoeren van studies,expertises,administratieve opdrachten van alle aard ten voordele…”
6 activities
  1. Het verlenen van advies en van dienstprestaties,het uitvoeren van studies,expertises,administratieve opdrachten van alle aard ten voordele van vennootschappen en fysische personen
  2. Het beheer van onroerende goederen als patrimoniumvennootschap en als bouwpromotor
  3. De vennootschap kan de functie van bestuurder in andere vennootschappen waarnemen
  4. Zowel in binnen-als buitenland alle daden van industriële,financiële,roerende en onroerende aard stellen;alle handelsverrichtingen en over het algemeen alle ondernemingen tot stand brengen die rechtstreeks of onrechtstreeks verband houden met het voorwerp,en/of de verwezenlijking ervan bevorderen
  5. Ze zal ook mogen deelnemen in andere vennootschappen en ondernemingen,zowel in binnen-als buitenland
  6. De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
deed of 14-09-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Molenstraat 26 registered office 9340 Lede 08-11-2016 2.259.540.071

Buildings and parcels at the address

Ground area
1,251 m²
Buildings
204 m²
Volume, LiDAR
1,392 m³
Tallest building
11.9 m
Buildings to scale, each on its own parcel
204 m², 11.9 m 204 m², 11.9 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
41032B0511/00G0001,251 m² 1 · 204 m² 11.9 m · 2