Financials
- Financial year
- 2025
- Turnover
- €1.7m
- Profit
- €94,503
- Solvency
- 31.6%
Flex-tiles
ActiveSummary
Flex-tiles has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,020 and a net result of €94,503. Its solvency ranks better than 34% of 9,600 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Floor and wall tiling
NACE 43331
1 site
Size
€1.7mturnover 2025
- Staff
- 2 FTE
- Equity
- €162,020
- Profit
- €94,503
Structure
Accounts 30 days early0 of 3 deeds read
Why 64raises riskFounded in 20241 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.46, cash €153,424Figures for financial year 2025 (filed 01-07-2026)Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
57+5
equity 31.6% of total assets
Liquidity
51+21
short-term debt 68.4% · cash 29.9%
Profitability
77-23
return on assets 18.4%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 3.8%
06-2025: 3.8%● unchanged vs 05-2025
07-2025: 4.0%▲ +0.2 percentage points vs 06-2025
08-2025: 4.3%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 1.5%▼ -2.8 percentage points vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.6%▲ +0.1 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 2.0%▲ +0.4 percentage points vs 03-2026
05-2026: 2.4%▲ +0.4 percentage points vs 04-2026
06-2026: 2.3%▼ -0.1 percentage points vs 05-2026
07-2026: 2.4%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 1.4%● unchanged vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.46, compared with 1.35 in 2024, below the usual 1.5; short-term debt: 68.4% and cash: 29.9% of total assets), and 68.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 33% on solvency, 45% on liquidity, 52% on profitability and 94% on growth.
The bankruptcy probability was computed on 13-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 days early
2024
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 9 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €150,000equity €162,020 ▲140%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2025
- Next accounts
- by 31-07-2027
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Floor and wall tilingNACE 43331
- Founded
- 23-04-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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