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FLEX COMPANY

Active
Private limited companyfounded 2021active for 5 yearsMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0769.657.386
Summary

The computed 12-month bankruptcy probability of FLEX COMPANY is 5.0% (elevated). The 2025 annual accounts show equity of €13,259 and a net result of €5,867. Equity has been growing by about 92% per year since 2022. Its solvency ranks better than 50% of 2,797 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-06-2021 Normal situation
Registered office
107 active companies are registered at this address 24 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.322.738.145 4000 Liège, since 15-06-2021
Financial year end
31 December
Peppol
Reachable since 21-01-2026

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2025
Turnover
€100,740
▼ 34.5%
Profit
€5,867
▼ 36.8%
Equity
€13,259
▲ 79.4%
Total assets
€34,640
▲ 1.6%
Score breakdownraises riskFounded in 2021Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.52, cash €81 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 44% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 63+16
equity 38.3% of total assets
Liquidity 18+11
short-term debt 61.7% · cash 0.0%
Profitability 82-4
return on assets 16.9%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 7.8% 01-2025: 8.0%▲ +0.2 percentage points vs 12-2024 02-2025: 7.4%▼ -0.6 percentage points vs 01-2025 03-2025: 7.4%● unchanged vs 02-2025 04-2025: 8.8%▲ +1.4 percentage points vs 03-2025 05-2025: 10.0%▲ +1.2 percentage points vs 04-2025 06-2025: 10.1%▲ +0.1 percentage points vs 05-2025 07-2025: 10.1%● unchanged vs 06-2025 08-2025: 10.1%● unchanged vs 07-2025 09-2025: 10.0%▼ -0.1 percentage points vs 08-2025 10-2025: 11.6%▲ +1.6 percentage points vs 09-2025 11-2025: 10.2%▼ -1.4 percentage points vs 10-2025 12-2025: 10.2%● unchanged vs 11-2025 01-2026: 10.4%▲ +0.2 percentage points vs 12-2025 02-2026: 10.4%● unchanged vs 01-2026 03-2026: 10.5%▲ +0.1 percentage points vs 02-2026 04-2026: 11.1%▲ +0.6 percentage points vs 03-2026 05-2026: 11.7%▲ +0.6 percentage points vs 04-2026 06-2026: 11.9%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 7.9%▼ -4.0 percentage points vs 06-2026 08-2026: 5.4%▼ -2.5 percentage points vs 07-2026 09-2026: 5.2%▼ -0.2 percentage points vs 08-2026 10-2026: 5.0%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 5.0%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.52 (0.99 in 2024), above the usual 1.5. Short-term debt is 61.7% and cash 0% of total assets. However, 61.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 41, micro). It does better than 46% of them on solvency, 15% on liquidity, 64% on profitability and 51% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 1.52, cash €8
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 11-07-2026, 20 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
20 days early
2024
60 days late
2023
2 days early
2022
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 35 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 30 August (3 of the last 4 accounts filed within 50 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 83% of companies in construction of buildingssector median €196,253 · 2,797 companies €13,259 View
  • Caution: Turnover fell in 2025from €153,692 to €100,740 ▼ 34.5% View

Recent changes

  1. · Gazette deed Registered office moved to Grimbergen
  2. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as FLEX COMPANY: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €29,900 and €36,700, founded between 2020 and 2022.

CompanyTotal assetsGross margin
FLEX COMPANY Grimbergen€34,640€11,678
SIO SOLUTIONS Opwijk€36,691€10,690
DE PUE LUC Beersel€32,871€10,441
BV&MD Wezembeek-Oppem€32,922€12,013
XAVIER CONSTRUCT Overijse€36,601€13,344
DM RENOV Wemmel€35,098€10,430
BARECOINHOTECH Zaventem€29,884€11,461
Full comparison

Key facts about FLEX COMPANY

What is the company number of FLEX COMPANY?
The company number of FLEX COMPANY is 0769.657.386. The VAT number is the same number with BE in front: BE 0769.657.386.
Where is FLEX COMPANY based?
The registered office is at Mutsaardplein 2, 1853 Grimbergen.Company details
What does FLEX COMPANY do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of FLEX COMPANY?
The legal form of FLEX COMPANY is Private limited company (BV).
When was FLEX COMPANY founded?
FLEX COMPANY was founded on 14-06-2021.
Is FLEX COMPANY still active?
Yes, FLEX COMPANY is an active enterprise in the KBO register.
What is the turnover of FLEX COMPANY?
The turnover of FLEX COMPANY was €100,740 in financial year 2025, according to the filed annual accounts.Financials
Is FLEX COMPANY profitable?
In financial year 2025, FLEX COMPANY made a profit of €5,867.
Where can I find the annual accounts of FLEX COMPANY?
FLEX COMPANY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEX COMPANY due?
FLEX COMPANY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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