Flex-Rentals
ActiveFlex-Rentals has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €140k and a net result of €198k. Equity is growing by ~97.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency13=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.58 against 0.62 in 2023), and 83% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
65 d late
2022
41 d early
2021
13 d early
2020
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€140k▲ 3.6%
2023 · €135k
2020: €9k
2021: €26k
2022: €35k
2023: €135k
2020 → 2024
Total assets
€823k▼ 7.0%
2023 · €884k
2020: €246k
2021: €692k
2022: €705k
2023: €884k
2020 → 2024
Net result
€198k▼ 27.9%
2023 · €275k
2020: €6k
2021: €17k
2022: €10k
2023: €275k
2020 → 2024
Working capital
€-160k▲ 10.0%
2023 · €-178k
2020: €-78k
2021: €-227k
2022: €-261k
2023: €-178k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€26k▲ 177%€35k▲ 36.9%€135k▲ 280%€140k▲ 3.6%
Operating result€8k-€41k▲ 423%€21k▼ 50.2%€334k▲ 1,519%€257k▼ 23.0%
Net result€6k-€17k▲ 161%€10k▼ 42.3%€275k▲ 2,769%€198k▼ 27.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €823k
Fixed assets
€599k=
Current assets
€224k▼ 21.5%
Equity and liabilities €823k
Equity
€140k▲ 3.6%
Debt
€683k▼ 8.9%
The debt ratio falls from 84.7% to 83.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€301k▼
2023 · €374k
Cash flow
€242k▼
2023 · €314k
Solvency
17.0%▲
2023 · 15.3%
Current ratio
0.58▼
2023 · 0.62
Quick ratio
0.58▼
2023 · 0.62
Debt / equity
4.88▼
2023 · 5.55
ROE
141.5%▼
2023 · 203.4%
ROA
24.0%▼
2023 · 31.0%
Interest coverage
14.97▼
2023 · 22.22
Debt
€683k▼
2023 · €749k
Debt ≤ 1 year
€384k▼
2023 · €463k
Debt > 1 year
€297k▲
2023 · €286k
Income taxes
€5k▼
2023 · €43k
Staff costs
€194k▲
2023 · €96k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€884k€823k▼
Fixed assets21/28€599k€599k=
Intangible fixed assets21€768€681▼
Tangible fixed assets22/27€539k€561k▲
Land and buildings22€396k€381k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€26k€80k▲
Other tangible fixed assets26€111k€95k▼
Financial fixed assets28€59k€37k▼
Current assets29/58€286k€224k▼
Amounts receivable within one year40/41€254k€216k▼
Trade receivables40€227k€34k▼
Other amounts receivable41€27k€182k▲
Cash at bank and in hand54/58€26k€3k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€884k€823k▼
Equity10/15€135k€140k▲
Contributions10/11€3k€3k=
Reserves13€132k€137k▲
Distributable reserves133€132k€137k▲
Amounts payable17/49€749k€683k▼
Amounts payable after more than one year17€286k€297k▲
Financial debts170/4€286k€297k▲
Amounts payable within one year42/48€463k€384k▼
Current portion of amounts payable after more than one year42€29k€38k▲
Financial debts43€35k€5k▼
Credit institutions430/8€35k€5k▼
Trade debts44€162k€123k▼
Suppliers440/4€162k€123k▼
Advances received on contracts in progress46€3k€6k▲
Taxes, remuneration and social security45€30k€17k▼
Taxes450/3€18k€17k▼
Remuneration and social security454/9€12k€283▼
Other amounts payable47/48€204k€194k▼
Accrued charges and deferred income492/3€219€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€96k€194k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€44k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€53k€28k▼
Other operating charges640/8€14k€12k▼
Gross operating margin9900€537k€535k▼
Operating profit (loss)9901€334k€257k▼
Financial income75/76B€880€1▼
Recurring financial income75€481€1▼
Non-recurring financial income76B€399-
Financial charges65/66B€17k€54k▲
Recurring financial charges65€17k€20k▲
Non-recurring financial charges66B-€34k
Profit (loss) for the period before taxes9903€318k€203k▼
Income taxes67/77€43k€5k▼
Profit (loss) for the period9904€275k€198k▼
Profit (loss) for the period to be appropriated9905€275k€198k▼
Appropriation of the result
Profit (loss) to be appropriated9906€276k€198k▼
Profit (loss) brought forward from the previous period14P€1k-
Transfer to equity691/2€101k€5k▼
To other reserves6921€101k€5k▼
Profit to be distributed694/7€175k€193k▲
Directors or managers695€175k€193k▲
Social balance
Average headcount (FTE)90871.83.6▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 63 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Highest result since 2020net €275k ▲2769%
Operating result €334k, net result €275k, both a record.
31-12
Financial
Equity above €100kEq €135k ▲280%
4 profitable years in a row build equity to €135k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2025
CommV JRI Group
CurrentDirector · since 31-07-2023 · Legal entity · perm. rep.: CommV JRI Group
01-04-2025
Rik Roels: Resigned as Director
31-07-2023
CommV JRI Group: Appointed as Director
31-07-2023
Nick Roels: Resigned as Director
31-07-2023
CommV JRI Group: Appointed as Permanent representative
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ezelstraat 638000 BruggeGround area
1,378 m²
Building footprint
506 m²
Volume, LiDAR
3,233 m³
2 parcels, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JRI Group
since 20192.295.362.864
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0361/00G010 | Flanders | 1,066 m² | 1 · 253 m² | 10.7 m · 1 fl. |
| 31804D0050/00B000 | Flanders | 313 m² | 1 · 253 m² | 15.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MOLENHEIDE
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Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.