FLEX B.N GROUP
ActiveThe computed 12-month bankruptcy probability of FLEX B.N GROUP is 3.4% (moderate). The 2024 annual accounts show equity of €54k and a net result of €30k. Equity is growing by ~46.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 6714 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent▲ +3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency53▼-36
Growth78▲+46
Stability94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 2.3 in 2023), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.8%
Return on assets
16.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
4 d late
2022
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€54k▲ 128%
2023 · €24k
2022: €28k
2023: €24k
2022 → 2024
Total assets
€181k▲ 242%
2023 · €53k
2022: €73k
2023: €53k
2022 → 2024
Net result
€30k▲ 397%
2023 · €6k
2022: €8k
2023: €6k
2022 → 2024
Working capital
€34k▲ 77.5%
2023 · €19k
2022: €23k
2023: €19k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€28k-€24k▼ 15.4%€54k▲ 128%
Operating result€11k-€9k▼ 22.3%€39k▲ 356%
Net result€8k-€6k▼ 23.6%€30k▲ 397%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 356% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181k
Fixed assets
€29k▲ 52.1%
Current assets
€152k▲ 350%
Equity and liabilities €181k
Equity
€54k▲ 128%
Debt
€127k▲ 333%
The debt ratio rises from 55.4% to 70.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€48k▲
2023 · €15k
Cash flow
€40k▲
2023 · €12k
Solvency
29.8%▼
2023 · 44.6%
Current ratio
1.29▼
2023 · 2.30
Quick ratio
1.29▼
2023 · 2.30
Debt / equity
2.35▲
2023 · 1.24
ROE
56.2%▲
2023 · 25.8%
ROA
16.8%▲
2023 · 11.5%
Interest coverage
44.49▲
2023 · 12.49
Debt
€127k▲
2023 · €29k
Debt ≤ 1 year
€118k▲
2023 · €15k
Debt > 1 year
€9k▼
2023 · €15k
Income taxes
€8k▲
2023 · €1k
Staff costs
€8k▼
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€53k€181k▲
Fixed assets21/28€19k€29k▲
Tangible fixed assets22/27€19k€29k▲
Furniture and vehicles24€19k€29k▲
Financial fixed assets28€200€200=
Current assets29/58€34k€152k▲
Amounts receivable within one year40/41€23k€130k▲
Trade receivables40€23k€104k▲
Other amounts receivable41€804€26k▲
Cash at bank and in hand54/58€10k€22k▲
Equity and liabilities
Total equity and liabilities10/49€53k€181k▲
Equity10/15€24k€54k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€4k€34k▲
Amounts payable17/49€29k€127k▲
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€15k€118k▲
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€568€85k▲
Suppliers440/4€568€85k▲
Taxes, remuneration and social security45€9k€28k▲
Taxes450/3€5k€20k▲
Remuneration and social security454/9€4k€8k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€61k-
Remuneration, social security and pensions62€35k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€50k€59k▲
Operating profit (loss)9901€9k€39k▲
Financial income75/76B€21€826▲
Recurring financial income75€21€826▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€7k€39k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€6k€30k▲
Profit (loss) for the period to be appropriated9905€6k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€34k▲
Profit (loss) brought forward from the previous period14P€-2k€4k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Highest result since 2022net €30k ▲397%
Operating result €39k, net result €30k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼23.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Dilbeek · 1 establishment unit since 2021
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.
Ninoofsesteenweg 2531700 DilbeekGround area
976 m²
Building footprint
402 m²
Volume, LiDAR
5,393 m³
2 parcels, Flanders, Wallonia · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FLEX B.N GROUP
since 20212.324.374.970
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0026/00S002 | Flanders | 569 m² | 1 · 324 m² | 19.1 m · 5 fl. |
| 64034B0646/00W003 | Wallonia | 406 m² | 1 · 78 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SHAHIN
BE 0713.640.282
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ENSI TRANS
BE 0717.795.941
Hamme (Vl.) · Eq €54k
RINO LOGISTICS
BE 1005.928.701
Dilbeek · Eq €54k
GIMI
BE 0774.405.735
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GE Transport
BE 0811.624.635
Beringen · Eq €54k
Of 12,449 companies in sector 49410 we hold annual accounts for 8,086. 5,948 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
53100Postal and courier activities
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.