FLAXEN
ActiveFLAXEN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €14k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 93% of 198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 13.27 against 49.06 in 2024), and 7.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.5%
Return on assets
18%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
32 d early
2022
2 d late
2021
60 d late
2020
31 d late
2019
107 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 24.2%
2024 · €56k
2018: €27k
2019: €30k
2020: €31k
2021: €38k
2022: €48k
2023: €34k
2024: €56k
2018 → 2025
Total assets
€75k▲ 31.6%
2024 · €57k
2018: €32k
2019: €31k
2020: €33k
2021: €42k
2022: €52k
2023: €50k
2024: €57k
2018 → 2025
Net result
€14k▼ 37.2%
2024 · €22k
2018: €60
2019: €2k
2020: €2k
2021: €7k
2022: €9k
2023: €-13k
2024: €22k
2018 → 2025
Working capital
€70k▲ 24.2%
2024 · €56k
2018: €23k
2019: €26k
2020: €29k
2021: €34k
2022: €45k
2023: €34k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€48k▲ 23.7%€34k▼ 27.6%€56k▲ 62.6%€70k▲ 24.2%
Operating result€9k-€14k▲ 46.8%€-13k€29k€20k▼ 31.8%
Net result€7k-€9k▲ 29.3%€-13k€22k€14k▼ 37.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €75k
Equity
€70k▲ 24.2%
Debt
€6k▲ 386%
The debt ratio rises from 2.0% to 7.5%: debt grows faster than equity.
Key figures and ratios
Solvency
92.5%▼
2024 · 98.0%
Current ratio
13.27▼
2024 · 49.06
Quick ratio
13.27▼
2024 · 49.06
Debt / equity
0.08▲
2024 · 0.02
ROE
19.5%▼
2024 · 38.5%
ROA
18.0%▼
2024 · 37.7%
Debt
€6k▲
2024 · €1k
Debt ≤ 1 year
€6k▲
2024 · €1k
Income taxes
€6k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€57k€75k▲
Current assets29/58€57k€75k▲
Amounts receivable within one year40/41€26k€23k▼
Trade receivables40€3k€1k▼
Other amounts receivable41€23k€22k▼
Cash at bank and in hand54/58€31k€50k▲
Deferred charges and accrued income490/1€97€2k▲
Equity and liabilities
Total equity and liabilities10/49€57k€75k▲
Equity10/15€56k€70k▲
Contributions10/11€6k€6k=
Reserves13€50k€63k▲
Distributable reserves133€50k€63k▲
Amounts payable17/49€1k€6k▲
Amounts payable within one year42/48€1k€6k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Income statement
Code20242025
Other operating charges640/8€413€220▼
Gross operating margin9900€29k€20k▼
Operating profit (loss)9901€29k€20k▼
Financial income75/76B€172-
Recurring financial income75€172-
Financial charges65/66B€253€264▲
Recurring financial charges65€253€264▲
Profit (loss) for the period before taxes9903€29k€20k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€22k€14k▼
Profit (loss) for the period to be appropriated9905€22k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€14k▼
Profit (loss) brought forward from the previous period14P€21k-
Transfer to equity691/2€43k€14k▼
To other reserves6921€43k€14k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity times 16current ratio 49.06
Current ratio from 3.16 to 49.06; short-term debt falls from €16k to €1k.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-13k ▼244%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 107 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 14.69
Current ratio from 6.21 to 14.69; short-term debt falls from €4k to €2k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Singel 372900 SchotenGround area
2,408 m²
Building footprint
152 m²
Volume, LiDAR
944 m³
Parcel 11040D0287/00L000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FLAXEN
since 20072.168.191.609
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0287/00L000 | Flanders | 2,408 m² | 1 · 152 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Atelier Keuppens
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ANA DECO
BE 0542.723.413
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Marfinesse
BE 0817.531.935
Lummen · Eq €94k
MAJOLI
BE 0876.866.439
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Fico Belgium
BE 0475.969.892
Zonhoven · Eq €100k
Of 225 companies in sector 13921 we hold annual accounts for 66. 45 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2007
Fiscal year end31-12
Activities, NACEBEL
13921Manufacture of textiles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.