Equity
€191,966 ▲ 6.2%
Flex Concept paid out €48,833 in dividends. That is 81% of the 2025 profit.
Flex Concept
Lifetime
12 annual accounts with figures on one time axispeak €118,230 (2017)
€90,397▲ 12.9%
peak €59,965 (2025)
€59,965▲ 27.9%
peak €278,556 (2020)
€191,966▲ 6.2%
€136,093▲ 34.1%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €80,055 to €90,397Result from €46,883 to €59,965Dividend €48,833Debts from €101,461 to €136,093
Key points
from the 2025 annual accountsFilings
12 annual accounts since 2014
Five of the last ten came late. The 2018 accounts came latest: 30 days after the end of the period.
Position in the sector
€59,965
Higher net result than 89% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Flex Concept has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Flex Concept. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0543561472
2 managers resigning, 2 directors reappointed
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · “Groot en detailhandel, handelsbemiddeling; Detailhandel in kledingstoffen in gespecialiseerde winkels…” (deed in Dutch) · General meeting of 21-12-2023 · Gazette deed
Incorporation
published on 27-12-2013 · Gazette deed
First establishment
Gestelstraat 19, Beringen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Flex Concept Beringen | €328,059 | €90,397 | 58.5% | - |
| RMR Lommel | €383,811 | €99,318 | 70.2% | - |
| JAVO TOEGANGSTECHNIEK Hamont-Achel | €386,092 | €98,194 | 73.1% | - |
| MPD Essen | €341,168 | €88,143 | 57.5% | - |
| Datu Bouw Lokeren | €320,561 | €97,393 | 81.0% | - |
| WDH Construct Lochristi | €329,221 | €97,317 | 17.2% | - |
| MB-HOUTBOUW Brecht | €347,706 | €90,515 | 69.6% | - |
These companies have the same main activity as Flex Concept: joinery installation (NACE 43320). They are comparable in size and age: total assets between €321,000 and €386,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 23-12-2013Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment unit
- 2.226.199.8843583 Beringen, since 23-12-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 31-08-2025
Annual accounts 2025
- ≈ €370,000estimated
- €328,059▲ 16.2%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Flex Concept
Flex Concept files the micro format. That format states no turnover. The gross margin rose from €85,829 in 2014 to €90,397 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Flex Concept
- What is the company number of Flex Concept?
- The company number of Flex Concept is 0543.561.472. The VAT number is the same number with BE in front: BE 0543.561.472.
- Where is Flex Concept based?
- The registered office is at Gestelstraat 19, 3583 Beringen.Company details
- What does Flex Concept do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Flex Concept?
- Flex Concept is a private limited company (BV).
- When was Flex Concept founded?
- Flex Concept was founded on 23-12-2013.
- Is Flex Concept still active?
- Yes, Flex Concept is an active enterprise in the KBO register.
- What is the turnover of Flex Concept?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €90,397 and 39 comparable companies (NACE 43320). It probably lies between €270,000 and €560,000.Financials
- Is Flex Concept profitable?
- In financial year 2025, Flex Concept made a profit of €59,965.
- Where can I find the annual accounts of Flex Concept?
- Flex Concept filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flex Concept due?
- Flex Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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