FLEX POWER TOOLS
ActiveSummary
The computed 12-month bankruptcy probability of FLEX POWER TOOLS is 2.4% (moderate). The 2025 annual accounts show negative equity (-€409,479) and a net result of -€515,344. Equity is shrinking by about 42% per year across the filed financial years. Its solvency ranks better than 5% of 1,237 sector peers (NACE 25, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- FLEX POWER TOOLS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Toekomstlaan4bus3,2200Herentals” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, kunnen een college vormen indien meerdere” (deed in Dutch)“Bepaalde of onbepaalde termijn, onbepaalde duur bij gebrek bepaling duurtijd” (deed in Dutch)“Ontslag statutair bestuurder vereist statutenwijziging, enkel herroepbaar bij besluit algemene vergadering zonder recht op vergoeding” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of April
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Wetboek van vennootschappen en verenigingen, bevoegdheden en vergoeding” (deed in Dutch)