Equity
-€18,332
Debts exceed assets in financial year 2025.
FLEX-IMMO
Lifetime
1 annual account with figurespeak -€3,486 (2025)
-€3,486
lowest -€21,332 (2025)
-€21,332
peak -€18,332 (2025)
-€18,332
€311,496
Board1 name since 2024
1 directorFALCOMER Rudi Ghislain Giovanni
Documentsfilings and deeds
26-08-202626 days late
2025abbreviated format
Loss of €21,332First year with figures
Key points
from the 2025 annual accountsDebts
€311,496 106% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Position in the sector
-6.3%
Lower solvency than 87% of companies in real estate. Sector median 30.7% · 11,297 companies.
2025 accounts filed 26 days after the deadlineTurnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 12% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.6%lowest value
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.1 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.9%▲ +0.1 percentage points vs 09-2025
11-2025: 1.0%▲ +0.1 percentage points vs 10-2025
12-2025: 0.9%▼ -0.1 percentage points vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026highest value
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 0.7%▼ -0.4 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€18,332
Founded in 2024
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €293,164
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 68, micro). It does better than 15% of them on solvency, 8% on liquidity and 13% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as FLEX-IMMO has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FLEX-IMMO itself is lower: 0.7% within 12 months. It rests on far more data about FLEX-IMMO than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,555 companies, not a prediction for FLEX-IMMO. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04, below 1. Short-term debt is 106.3% and cash 3.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
26 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- FALCOMER Rudi Ghislain Giovanni founderdeed of 18-03-2024
- VANESSE Catherine Christine Marie-Henriette Ghislaine founderdeed of 18-03-2024
- FALCOMER Laura founderdeed of 18-03-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007127145
First establishment
A L'ORANGE SANGUINE, Rue Grand-Trieux 11, Estinnes
Incorporation
Founding capital of €3,000, 100 shares · Founders: FALCOMER Rudi Ghislain Giovanni, VANESSE Catherine Christine Marie-Henriette Ghislaine, FALCOMER Laura and 1 other · Appointment: FALCOMER Rudi Ghislain Giovanni (director) · published on 18-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLEX-IMMO Estinnes | €293,164 | -€3,486 | -6.3% | - |
| TULYA INVEST Charleroi | €336,223 | -€9,562 | -22.6% | - |
| SIGGIA IMMOBILIARE Courcelles | €312,885 | -€8,026 | 19.6% | - |
| NASCIMENTO Soignies | €369,056 | -€3,814 | -3.8% | - |
| Forum Solar Ghent | €279,189 | -€45,261 | 4.4% | - |
| LAKE VIEW Couvin | €303,551 | -€6,646 | -7.6% | - |
| YETI SELF STORAGE Molenbeek-Saint-Jean | €256,735 | -€79,835 | -44.3% | - |
These companies have the same main activity as FLEX-IMMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €257,000 and €369,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 14-03-2024Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.357.158.2977120 Estinnes, since 01-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-10-2026
Insights on FLEX-IMMO
FLEX-IMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,332) and a net result of -€21,332.
Its solvency ranks better than 12% of 11,297 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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-IMMO
- What is the company number of FLEX-IMMO?
- The company number of FLEX-IMMO is 1007.127.145. The VAT number is the same number with BE in front: BE 1007.127.145.
- Where is FLEX-IMMO based?
- The registered office is at Rue Grand-Trieux 11, 7120 Estinnes.Company details
- What does FLEX-IMMO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of FLEX-IMMO?
- FLEX-IMMO is a private limited company (BV).
- When was FLEX-IMMO founded?
- FLEX-IMMO was founded on 14-03-2024.
- Is FLEX-IMMO still active?
- Yes, FLEX-IMMO is an active enterprise in the KBO register.
- What is the turnover of FLEX-IMMO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is FLEX-IMMO profitable?
- In financial year 2025, FLEX-IMMO made a loss of €21,332.
- Where can I find the annual accounts of FLEX-IMMO?
- FLEX-IMMO filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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