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FIXAFLEX

Active Public limited companyfounded 1978active for 48 yearsKasteelstraat 15, 8980 ZonnebekeKBO/BCE: BE 0418.028.527 subsidiary of #2 employer in Zonnebeke, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 48 filings since 1978
peak €9.9m (2023)
-not published
peak €1.5m (2022)
€1.1m▲ 12.9%
peak €3.1m (2025)
€3.1m▲ 18.7%
€2.2m▲ 0.7%
peak 38.2 FTE (2019)
24.9 FTE▲ 0.4%
Board2 names since 2019
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
15-06-202646 days before the deadline
2025abbreviated format
Equity from €2.6m to €3.1mCash from €86,869 to €148,800

Key points

from the 2025 annual accounts

Equity

€3.1m ▲ 18.7%

FIXAFLEX has made a profit in every financial year since 2006.

Turnover

≈ €12.0m estimated

The accounts state no turnover.

Investments

€154,648 1.7 × depreciation
2021202320242025

Green is investment, beige is depreciation. Machinery stands 19.1% higher than in 2024.

Staff

24.9 FTE from 38.2 in 2019

Between 2019 and 2025, 35% of the full-time equivalents disappeared.

Filings

48 annual accounts since 1978
AprilJune31 JulyOctober1980199520102025

The 2019 accounts came 19 days late. The other nine of the last ten were filed on time.

Position in the sector

€1.1m

Higher net result than 95% of companies in wholesale trade. Sector median €26,728 · 9,880 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as FIXAFLEX has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 20,137 companies, not a prediction for FIXAFLEX. 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

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Signals

Board and ownership

Director, , since 13-11-2023
Director, since 13-11-2023
  • 100%score equity €7.7m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0418028527
2 directors appointed, 2 resignations Resignations: (director) and (director) · Appointments: (director) and (director) · Permanent representative: · General meeting of 31-10-2023 · Gazette deed
2 directors reappointed (managing director and chair of the board) and · Permanent representative: · General meeting of 30-06-2019 · Gazette deed
First establishment Kasteelstraat 15, Zonnebeke
All 56 events

Comparable companies

same main activity, similar in size and age
Company
FIXAFLEX Zonnebeke - - 57.9% 24.9
VANDORPE Wevelgem €5.7m 6.5% 53.9% 30.3
IMI HYDRONIC ENGINEERING Bornem - - 17.6% 30.7
THEMA Awans €9.6m 4.4% 54.8% 18
BELGIAN SANITARY COMPANY Anderlecht - - 58.1% 13.7
V.TS Tournai - - 24.4% 21.9
VEPA Zelzate - - 46.2% 18.6

These companies have the same main activity as FIXAFLEX: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €2.7m and €5.5m, founded between 1971 and 1991.

Official details

Source: KBO
Status
Active since 17-02-1978Normal situation
Activity
Wholesale tradeNACE 46842
Establishment unit
2.014.668.2248980 Zonnebeke, since 05-01-1998
Financial year end
31 December
Peppol
Reachable since 28-08-2024
Company details

Annual accounts 2025

€5.3m▲ 10.4%
Employeeson 31-12-2025
28▲ 16.7%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on FIXAFLEX

FIXAFLEX has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €1.1m.

Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 65% of 9,905 sector peers (NACE 46, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FIXAFLEX

What is the company number of FIXAFLEX?
The company number of FIXAFLEX is 0418.028.527. The VAT number is the same number with BE in front: BE 0418.028.527.
Where is FIXAFLEX based?
The registered office is at Kasteelstraat 15, 8980 Zonnebeke.Company details
What does FIXAFLEX do?
According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of FIXAFLEX?
FIXAFLEX is a public limited company (NV).
When was FIXAFLEX founded?
FIXAFLEX was founded on 17-02-1978.
Is FIXAFLEX still active?
Yes, FIXAFLEX is an active enterprise in the KBO register.
How many employees does FIXAFLEX have?
FIXAFLEX had an average of 24.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FIXAFLEX?
The turnover in financial year 2025 is ≈ €12.0m. This figure is estimated from the gross margin of €2.8m and 98 comparable companies (NACE 46). It probably lies between €7.1m and €20.0m. In financial year 2023 turnover was €9.9m.
Is FIXAFLEX profitable?
In financial year 2025, FIXAFLEX made a profit of €1.1m.
Where can I find the annual accounts of FIXAFLEX?
FIXAFLEX filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIXAFLEX due?
FIXAFLEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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