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Flex Solutions

Active
Private limited company (pre-2019)founded 2018active for 8 yearsLakborslei 171, 2100 Antwerpen, BelgiumKBO/BCE: BE 0687.857.187
Summary

The computed 12-month bankruptcy probability of Flex Solutions is 13.7% (high). For Flex Solutions, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €32,283 and a net result of €17,760. Equity is growing by about 66% per year across the filed financial years. Its solvency ranks better than 42% of 5,319 sector peers (NACE 81, financial year 2023). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General cleaning of buildings
NACE 81210
1 site
Size
€97,456total assets 2023
Equity
€32,283
Profit
€17,760
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
13.7%
2023 figures too old to score
Structure
2024 accounts not filed, 453 days past the deadline2 deeds in the Belgian Official Gazette
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 177 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 29-01-2025)Size: total assets €97,456Profit of €17,760 (financial year 2023)Two or more financial years not filed2023 accounts filed 177 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 58+19
equity 33.1% of total assets
Liquidity 32-18
short-term debt 66.9% · cash 14.1%
Profitability 92+5
return on assets 18.2%
Bankruptcy probability, 12 months
13.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,698 companies, NACE 81, micro)
Last 24 months 11-2024: 7.4% 12-2024: 8.5%▲ +1.1 percentage points vs 11-2024 01-2025: 11.2%▲ +2.7 percentage points vs 12-2024 02-2025: 4.4%▼ -6.8 percentage points vs 01-2025 03-2025: 4.4%● unchanged vs 02-2025 04-2025: 4.4%● unchanged vs 03-2025 05-2025: 4.2%▼ -0.2 percentage points vs 04-2025 06-2025: 4.1%▼ -0.1 percentage points vs 05-2025 07-2025: 4.0%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 5.1%▲ +1.1 percentage points vs 07-2025 09-2025: 5.3%▲ +0.2 percentage points vs 08-2025 10-2025: 7.8%▲ +2.5 percentage points vs 09-2025 11-2025: 7.3%▼ -0.5 percentage points vs 10-2025 12-2025: 8.5%▲ +1.2 percentage points vs 11-2025 01-2026: 11.2%▲ +2.7 percentage points vs 12-2025 02-2026: 11.2%● unchanged vs 01-2026 03-2026: 11.6%▲ +0.4 percentage points vs 02-2026 04-2026: 10.9%▼ -0.7 percentage points vs 03-2026 05-2026: 10.9%● unchanged vs 04-2026 06-2026: 10.8%▼ -0.1 percentage points vs 05-2026 07-2026: 10.8%● unchanged vs 06-2026 08-2026: 13.7%▲ +2.9 percentage points vs 07-2026 09-2026: 13.7%● unchanged vs 08-2026 10-2026: 13.7%● unchanged vs 09-2026highest value
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 177 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 29-01-2025)
NBB · annual accounts
raises risk · Size: total assets €97,456
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €17,760 (financial year 2023)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 177 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-01-2025, 177 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
177 days late
2022
181 days late
2021
92 days late
2020
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 119 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Highest result from 2020 to 2023net €37,304 ▲668%

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 453 days past the deadline View
  • Total assets 20234 financial years filed €97,456 View
  • Active since 2018founded 12-01-2018 8 years View

By topic

Financials

Financial year
2023
Total assets
€97,456
Profit
€17,760
Solvency
33.1%
Turnover▲ 57.2%
Net result
20202022
Go to Financials

Timeline

Events
6
Since
2021
  1. 31-12-2022Liquidity more than doubled
  2. 31-10-2022Annual accounts filed
  3. 26-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General cleaning of buildingsNACE 81210
Founded
12-01-2018
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about Flex Solutions

What is the company number of Flex Solutions?
0687.857.187. In Belgium the VAT number is the company number with BE in front: BE 0687.857.187.
Where is Flex Solutions based?
The registered office is at Lakborslei 171, 2100 Antwerpen.Company details
What does Flex Solutions do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of Flex Solutions?
Private limited company (pre-2019) (BVBA).
When was Flex Solutions founded?
On 12-01-2018.
Is Flex Solutions still active?
Yes, Flex Solutions is an active enterprise in the KBO register.
What is the turnover of Flex Solutions?
€310,377 in financial year 2022, according to the filed annual accounts.Financials
Is Flex Solutions profitable?
In financial year 2023, Flex Solutions made a profit of €17,760.
Where can I find the annual accounts of Flex Solutions?
Flex Solutions filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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