FLATEX
The computed 12-month bankruptcy probability of FLATEX is 2.5% (moderate). The 2024 annual accounts show equity of €55k and a net result of €-10k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 36382 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €55k |
| Net result | €-10k |
| Staff (FTE) | 0.3 |
| Better than sector | 46% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.3% | 46.6% | |
| Net result | €-10k | €9k | |
| Equity | €55k | €58k | |
| Gross operating margin | €30k | €38k | |
| Staff costs | €8k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €18k | €32k | €23k | - | - |
| Net profit | €-10k | €16k | €14k | €8k | €19k |
| Cash flow | €17k | €26k | €20k | - | - |
| Staff costs | €8k | - | - | €212 | - |
| Income taxes | - | €7k | €4k | €2k | €4k |
| Dividends | - | - | - | - | - |
| Total assets | €126k | €201k | €126k | €74k | €68k |
| Equity | €55k | €65k | €49k | €34k | €27k |
| Debt | €72k | €136k | €77k | €39k | €41k |
| of which ≤ 1y | €72k | €136k | €76k | €32k | €40k |
| of which > 1y | - | - | €986 | - | - |
| Working capital | €37k | €49k | €42k | €42k | €28k |
| Employees (FTE) | 0.3 | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.51 | 1.36 | 1.55 | 2.32 | 1.68 |
| Quick ratio | 1.51 | 1.36 | 1.55 | 2.32 | 1.68 |
| Working capital ratio | 29.1% | 24.2% | 33.4% | 56.9% | 40.6% |
| Solvency | 43.3% | 32.2% | 38.6% | 46.7% | 39.6% |
| Debt / equity | 1.31 | 2.11 | 1.59 | 1.14 | - |
| Long-term debt ratio | - | - | 0.02 | - | - |
| Interest coverage | 11.72 | 31.24 | 30.20 | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -7.8% | 7.9% | 11.3% | 10.2% | 27.7% |
| ROE | -17.9% | 24.6% | 29.4% | 21.9% | 69.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €126k | €201k | €126k | €74k | €68k |
| Fixed assets | 21/28 | €18k | €16k | €7k | - | - |
| Tangible fixed assets | 22/27 | €18k | €16k | €7k | - | - |
| Current assets | 29/58 | €108k | €185k | €119k | €74k | €68k |
| Amounts receivable within one year | 40/41 | €92k | €89k | €97k | €70k | €58k |
| Cash & bank | 54/58 | €12k | €95k | €22k | €3k | €9k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €126k | €201k | €126k | €74k | €68k |
| Equity | 10/15 | €55k | €65k | €49k | €34k | €27k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | - |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €47k | €56k | €41k | €26k | €19k |
| Amounts payable | 17/49 | €72k | €136k | €77k | €39k | €41k |
| Amounts payable after one year | 17 | - | - | €986 | - | - |
| Amounts payable within one year | 42/48 | €72k | €136k | €76k | €32k | €40k |
| Trade debts payable within one year | 44 | €67k | €125k | €64k | €26k | €37k |
| Income statement | ||||||
| Gross operating margin | 9900 | €30k | €34k | €24k | €15k | €22k |
| Operating result | 9901 | €-8k | €23k | €18k | €9k | €16k |
| Financial income | 75 | €15 | €886 | €1k | €952 | €803 |
| Financial charges | 65 | €2k | €1k | €760 | €396 | €145 |
| Result before taxes | 9903 | €-10k | €23k | €18k | €10k | €17k |
| Income taxes | 67/77 | - | €7k | €4k | €2k | €4k |
| Net result for the period | 9904 | €-10k | €16k | €14k | €8k | €13k |
| Result to be appropriated | 9905 | €-10k | €16k | €14k | €8k | €13k |
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 31-03-2015 |
| Status | Active |
| Postal code | 1030 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0186/00A003 | Brussels | 134 m² | 1 · 98 m² | 16.9 m · 4 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-04-2025 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
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"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "SADRIJA Mentor",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 10,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "LECI Sami",
"share_class": null,
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"contribution_kind": null,
"n_shares_subscribed": 10,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-04-23",
"filing_date": "2025-03-31",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2025-03-31",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2025-03-31"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0627.731.936",
"name_full": "FLATEX",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "LECI Sami",
"role": "aandeelhouder",
"n_shares": 100,
"share_class": null
}
],
"share_classes_after": []
}21-06-2023 Registered office moved from Jette to Schaerbeek
- Rue Uyttenhove 37 bte 622, 1090 Jette → Rue Rubens n° 27, 1030 Schaerbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Rubens n\u00B0 27, 1030 Schaerbeek",
"city": "Schaerbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rubens",
"country": "BE",
"postcode": "1030",
"box_number": null,
"street_number": "27",
"locality_suffix": null
},
"old_address": {
"raw": "Rue Uyttenhove 37 bte 622, 1090 Jette",
"city": "Jette",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Uyttenhove",
"country": "BE",
"postcode": "1090",
"box_number": "622",
"street_number": "37",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-06-13",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-05-02",
"unanimous": null
},
"subject_company": {
"kbo": "0627.731.936",
"name_full": "FLATEX",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "LECI Sami",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}| Legal nameFR | FLATEX |