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FLATEX

Active
Private limited companyfounded 2015active for 11 yearsKBO/BCE: BE 0627.731.936
Summary

FLATEX has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,397 and a net result of -€13,348. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 13% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow ReportCompare
FLATEXActiveChecked score 64/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990Bricklaying and masonry work NACE 43910
1 site
Size
€462,737total assets 2025
Staff
2.4 FTE
Equity
€41,397
Loss
-€13,348
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts filed 60 days late2 of 6 deeds summarised
Why 64raises riskLast filed accounts filed 60 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Equity €41,397 (8.9% of total assets)lowers riskSize: total assets €462,737Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 21% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 34-34
equity 8.9% of total assets
Liquidity 47+14
short-term debt 23.7% · cash 4.4%
Profitability 25-34
return on assets -2.9%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 1.5%▲ +0.8 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.4%▼ -0.1 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 1.1%▼ -0.8 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.14, compared with 1.51 in 2024, above the usual 1.5; short-term debt: 23.7% and cash: 4.4% of total assets), but 91.1% 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, micro): better than 13% on solvency, 38% on liquidity, 15% on profitability and 16% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €462,737
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €41,397 (8.9% of total assets)
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13,348
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34699 sector peers (2025).
NBB · sector comparison
Position among 34699 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
29 days late
2023
30 days early
2022
31 days late
2021
12 days late
2020
90 days late
2019
49 days 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 20 days after 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 29 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€13,348
  3. Liquidity more than doubledcurrent ratio 4.14

Key points

  • Caution: Among the weakest 10% on net resultsector median €10,246 · 34,686 companies -€13,348 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€13,348 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€462,737
Loss
-€13,348
Solvency
8.9%
Total assets▲ 266%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-07-2027
  1. 29-08-2025Annual accounts filed
  2. 23-04-2025Capital & shares
  3. 05-07-2024Resignation: Leci Sami (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
31-03-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about FLATEX

What is the company number of FLATEX?
0627.731.936. In Belgium the VAT number is the company number with BE in front: BE 0627.731.936.
What does FLATEX do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of FLATEX?
Private limited company (BV).
When was FLATEX founded?
On 31-03-2015.
Is FLATEX still active?
Yes, FLATEX is an active enterprise in the KBO register.Company details
How many employees does FLATEX have?
On average 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FLATEX?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FLATEX profitable?
In financial year 2025, FLATEX made a loss of €13,348.
Where can I find the annual accounts of FLATEX?
FLATEX filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLATEX due?
By 31-07-2027, for financial year 2026.Timeline

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