Flex-C
A bankruptcy procedure is open for Flex-C according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show equity of €29k and a net result of €19k.
| Equity | €29k |
| Net result | €19k |
| Better than sector | 14% |
| Active | 8 yrs |
Fragile profile, watch stability in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.3% | 33.9% | |
| Net result | €19k | €29k | |
| Equity | €29k | €128k | |
| Gross operating margin | €228k | €196k | |
| Staff costs | €172k | €210k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €49k |
| Net profit | €19k |
| Cash flow | €26k |
| Staff costs | €172k |
| Income taxes | €-470 |
| Dividends | - |
| Total assets | €544k |
| Equity | €29k |
| Debt | €515k |
| of which ≤ 1y | €515k |
| of which > 1y | - |
| Working capital | €19k |
| Employees (FTE) | 0.0 |
| 2023 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.68 |
| Working capital ratio | 3.6% |
| Solvency | 5.3% |
| Debt / equity | 18.03 |
| Long-term debt ratio | - |
| Interest coverage | 2.07 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.4% |
| ROE | 65.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €544k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €535k |
| Stocks & contracts in progress | 3 | €186k |
| Amounts receivable within one year | 40/41 | €310k |
| Investments | 50/53 | €2 |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €544k |
| Equity | 10/15 | €29k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €24k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €515k |
| Amounts payable within one year | 42/48 | €515k |
| Trade debts payable within one year | 44 | €205k |
| Income statement | ||
| Gross operating margin | 9900 | €228k |
| Operating result | 9901 | €41k |
| Financial income | 75 | €643 |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €18k |
| Income taxes | 67/77 | €-470 |
| Net result for the period | 9904 | €19k |
| Result to be appropriated | 9905 | €19k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1
GENT (SINT-DENIJS-WESTREM) |
11-06-2025 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43222) |
| Legal form | Private limited company(610) |
| Incorporation | 30-01-2018 |
| Status | Active |
| Postal code | - |
| First BS signal | 15-02-2024 |
| Latest BS signal | 13-01-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-12-2023 De Rycke Geert appointed as director
- De Rycke Geert, Bestuurder
Technical details
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"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Nevele",
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"pub_date": "2023-12-27",
"filing_date": "2023-12-21",
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}13-09-2023 Registered office moved from Sint-Denijs-Westrem to Gentbrugge
- Louis Delebecquelaan 18, 9051 Sint-Denijs-Westrem → Gaston Crommenlaan 8, 9050 Gentbrugge, België (gerechtelijk arrondissement Oost-Viaanderen)
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Flex-C |