Financials
- Financial year
- 2025
- Turnover
- €5.0m
- Loss
- -€192,071
- Solvency
- 77.4%
Turnover▼ 5.3%
Net result
20182025
BOFLEX
ActiveSummary
BOFLEX has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€192,071. Equity is shrinking by about 5.5% per year across the filed financial years. Its solvency ranks better than 87% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Joinery installation
NACE 43320
3 sites
Size
€5.0mturnover 2025
- Staff
- 17.9 FTE
- Equity
- €1.7m
- Loss
- -€192,071
Structure
- Parent
- Société Financière de Participation Industrielle
- Board
- 4 members
- Damien ChauveincChair
2025 accounts 60 days early6 of 16 deeds summarised
Why 89raises riskLoss of €192,071, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 4.00, cash €675,771Founded in 1988Equity €1.7m (77.4% of total assets)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 77.4% of total assets
Liquidity
83+11
short-term debt 19.9% · cash 31.4%
Profitability
8-4
return on assets -8.9%
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).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.0, compared with 4.17 in 2024, above the usual 1.5; short-term debt: 19.9% and cash: 31.4% of total assets), and 22.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 95% on solvency, 94% on liquidity, 5% on profitability and 26% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€192,071
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 days early
2024
30 days early
2023
28 days early
2022
47 days early
2021
11 days early
2020
37 days early
2019
12 days late
← 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 29 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Carolus Legein (day-to-day manager)Appointments: Dino Tofoni (day-to-day manager)…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Caution: Among the weakest 6% on net resultsector median €42,866 · 2,442 companies -€192,071 View
- Board changedlatest change 01-05-2026 · 4 in office 2 joined · 1 left View
- Caution: Result fell in 2025from -€137,795 to -€192,071 ▼ 39.4% View
- Controlled by Société Financière de Participation… parent View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€192,071 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
By topic
Board & ownership
- Board
- 4 members
- Parent
- Société Financière de Participation…
- Damien ChauveincChair
- Franciaflex SASDirector
- Jean-Jacques NayralManaging director
- MAC SASDirector
Network & group
- Mergers and asset contributions
- 2
Timeline
- Events
- 48
- Since
- 1990
- Next accounts
- by 31-07-2027
- 09-10-2024Reappointments: Franciaflex SAS, MAC SAS and Carolus…
- 03-07-2024Annual accounts filed
- 01-07-2024Capital & shares
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 27-12-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Purpose
- “1/ alle vormen van zonweringen voor binnen en buiten; 2/ zonnetenten,verandazonwering en…” (deed in Dutch)
Key facts about BOFLEX
- What is the company number of BOFLEX?
- 0436.158.718. In Belgium the VAT number is the company number with BE in front: BE 0436.158.718.
- Where is BOFLEX based?
- The registered office is at Genkersteenweg 313, 3500 Hasselt.Company details
- What does BOFLEX do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of BOFLEX?
- Public limited company (NV).
- When was BOFLEX founded?
- On 27-12-1988.
- Is BOFLEX still active?
- Yes, BOFLEX is an active enterprise in the KBO register.
- How many employees does BOFLEX have?
- On average 17.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BOFLEX?
- €5.0m in financial year 2025, according to the filed annual accounts.
- Is BOFLEX profitable?
- In financial year 2025, BOFLEX made a loss of €192,071.
- Where can I find the annual accounts of BOFLEX?
- BOFLEX filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOFLEX due?
- By 31-07-2027, for financial year 2026.Timeline
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