FLEXAMIT
ActiveSummary
FLEXAMIT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €906k and a net result of €383k. Equity is growing by ~44% per year across the filed fiscal years. Its solvency ranks better than 37% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+4
Solvency56▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.71 in 2023; short-term debt: 36.7% and cash: 8.3% of total assets), but 69.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.5%
Return on assets
12.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
54 d early
2022
47 d early
2021
8 d late
2020
33 d early
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€906k▲ 30.0%
2023 · €697k
2018: €102klowest in 7 years
2019: €194k▲ +91.0% vs 2018
2020: €160k▼ -17.7% vs 2019
2021: €275k▲ +72.2% vs 2020
2022: €543k▲ +97.4% vs 2021
2023: €697k▲ +28.4% vs 2022
2024: €906k▲ +30.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€2.97M▲ 82.0%
2023 · €1.63M
2018: €259klowest in 7 years
2019: €754k▲ +191% vs 2018
2020: €764k▲ +1.3% vs 2019
2021: €972k▲ +27.3% vs 2020
2022: €1.43M▲ +46.9% vs 2021
2023: €1.63M▲ +14.2% vs 2022
2024: €2.97M▲ +82.0% vs 2023highest in 7 years
2018 → 2024
Net result
€383k▲ 149%
2023 · €154k
2018: €40k
2019: €92k▲ +129% vs 2018
2020: €-34k▼ -137% vs 2019lowest in 7 years
2021: €115k▲ +435% vs 2020
2022: €268k▲ +132% vs 2021
2023: €154k▼ -42.5% vs 2022
2024: €383k▲ +149% vs 2023highest in 7 years
2018 → 2024
Working capital
€558k▲ 23.5%
2023 · €452k
2018: €74k
2019: €46k▼ -37.9% vs 2018
2020: €14k▼ -68.6% vs 2019lowest in 7 years
2021: €111k▲ +670% vs 2020
2022: €513k▲ +363% vs 2021
2023: €452k▼ -11.9% vs 2022
2024: €558k▲ +23.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€160k-€275k▲ 72.2%€543k▲ 97.4%€697k▲ 28.4%€906k▲ 30.0%
2020: €160klowest in 5 years
2021: €275k▲ +72.2% vs 2020
2022: €543k▲ +97.4% vs 2021
2023: €697k▲ +28.4% vs 2022
2024: €906k▲ +30.0% vs 2023highest in 5 years
Operating result€-32k-€157k€420k▲ 167%€247k▼ 41.1%€579k▲ 134%
2020: €-32klowest in 5 years
2021: €157k▲ +594% vs 2020
2022: €420k▲ +167% vs 2021
2023: €247k▼ -41.1% vs 2022
2024: €579k▲ +134% vs 2023highest in 5 years
Net result€-34k-€115k€268k▲ 132%€154k▼ 42.5%€383k▲ 149%
2020: €-34klowest in 5 years
2021: €115k▲ +435% vs 2020
2022: €268k▲ +132% vs 2021
2023: €154k▼ -42.5% vs 2022
2024: €383k▲ +149% vs 2023highest in 5 years
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 recovers in 2024; 2024 is 134% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.97M
Fixed assets
€1.32M ▲ 144%
Current assets
€1.65M ▲ 51.1%
Equity and liabilities €2.97M
Equity
€906k ▲ 30.0%
Debt
€2.06M ▲ 121%
Debt's share of the balance-sheet total rises from 57.3% to 69.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€721k▲
2023 · €334k
Cash flow
€526k▲
2023 · €241k
Current ratio
1.51▼
2023 · 1.71
Debt to equity
2.28▲
2023 · 1.34
ROE
42.3%▲
2023 · 22.1%
ROA
12.9%▲
2023 · 9.4%
Interest coverage
19.67▼
2023 · 22.93
Debt ≤ 1 year
€1.09M▲
2023 · €639k
Debt > 1 year
€973k▲
2023 · €295k
Income taxes
€185k▲
2023 · €90k
Staff costs
€842k▲
2023 · €728k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.63M€2.97M▲
Fixed assets21/28€540k€1.32M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€538k€1.32M▲
Land and buildings22€267k€918k▲
Plant, machinery and equipment23€16k€19k▲
Furniture and vehicles24€256k€384k▲
Financial fixed assets28€2k€0▼
Current assets29/58€1.09M€1.65M▲
Amounts receivable after more than one year29€55k€392k▲
Other amounts receivable291€55k€392k▲
Amounts receivable within one year40/41€631k€987k▲
Trade receivables40€618k€941k▲
Other amounts receivable41€13k€46k▲
Cash at bank and in hand54/58€381k€245k▼
Deferred charges and accrued income490/1€24k€24k▲
Equity and liabilities
Total equity and liabilities10/49€1.63M€2.97M▲
Equity10/15€697k€906k▲
Contributions10/11€12k€12k=
Reserves13€684k€893k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€684k€893k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€935k€2.06M▲
Amounts payable after more than one year17€295k€973k▲
Financial debts170/4€295k€973k▲
Amounts payable within one year42/48€639k€1.09M▲
Current portion of amounts payable after more than one year42€87k€140k▲
Financial debts43€46k€88k▲
Credit institutions430/8-€88k
Other loans439€46k€0▼
Trade debts44€319k€419k▲
Suppliers440/4€319k€419k▲
Taxes, remuneration and social security45€187k€243k▲
Taxes450/3€78k€120k▲
Remuneration and social security454/9€109k€122k▲
Other amounts payable47/48-€201k
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€728k€842k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€143k▲
Other operating charges640/8€8k€7k▼
Non-recurring operating charges66A€14k€4k▼
Gross operating margin9900€1.08M€1.57M▲
Operating profit (loss)9901€247k€579k▲
Financial income75/76B€11k€26k▲
Recurring financial income75€11k€26k▲
Financial charges65/66B€15k€37k▲
Recurring financial charges65€15k€37k▲
Profit (loss) for the period before taxes9903€244k€568k▲
Income taxes67/77€90k€185k▲
Profit (loss) for the period9904€154k€383k▲
Profit (loss) for the period to be appropriated9905€154k€383k▲
Appropriation of the result
Profit (loss) to be appropriated9906€154k€383k▲
Transfer from equity791/2-€174k
Transfer to equity691/2€154k€383k▲
To other reserves6921€154k€383k▲
Profit to be distributed694/7-€174k
Return on contributions (dividend)694-€174k
Social balance
Average headcount (FTE)908713.114.4▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €7k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €412k | €480k | €728k | €842k | ▲ 15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38k | €56k | €64k | €87k | €143k | ▲ 63.7% |
| Other operating charges640/8 | - | €7k | €5k | €8k | €7k | ▼ 17.3% |
| Non-recurring operating charges66A | - | - | - | €14k | €4k | ▼ 73.1% |
| Gross operating margin9900 | €194k | €632k | €969k | €1.08M | €1.57M | ▲ 45.1% |
| Operating profit (loss)9901 | €-32k | €157k | €420k | €247k | €579k | ▲ 134% |
| Financial income75/76B | - | €920 | €3k | €11k | €26k | ▲ 133% |
| Recurring financial income75 | €6k | €920 | €3k | €11k | €26k | ▲ 133% |
| Financial charges65/66B | - | €7k | €8k | €15k | €37k | ▲ 152% |
| Recurring financial charges65 | €9k | €7k | €8k | €15k | €37k | ▲ 152% |
| Profit (loss) for the period before taxes9903 | €-34k | €151k | €414k | €244k | €568k | ▲ 133% |
| Income taxes67/77 | €420 | €35k | €146k | €90k | €185k | ▲ 106% |
| Profit (loss) for the period9904 | €-34k | €115k | €268k | €154k | €383k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €-34k | €115k | €268k | €154k | €383k | ▲ 149% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €764k | €972k | €1.43M | €1.63M | €2.97M | ▲ 82.0% |
| Fixed assets21/28 | €376k | €412k | €465k | €540k | €1.32M | ▲ 144% |
| Intangible fixed assets21 | €24k | €16k | €8k | €0 | - | - |
| Tangible fixed assets22/27 | €351k | €395k | €455k | €538k | €1.32M | ▲ 145% |
| Land and buildings22 | - | €302k | €285k | €267k | €918k | ▲ 244% |
| Plant, machinery and equipment23 | - | €5k | €3k | €16k | €19k | ▲ 22.3% |
| Furniture and vehicles24 | - | €88k | €167k | €256k | €384k | ▲ 49.8% |
| Financial fixed assets28 | €1k | €1k | €2k | €2k | €0 | ▼ 100% |
| Current assets29/58 | €388k | €560k | €964k | €1.09M | €1.65M | ▲ 51.1% |
| Amounts receivable after more than one year29 | - | - | - | €55k | €392k | ▲ 612% |
| Other amounts receivable291 | - | - | - | €55k | €392k | ▲ 612% |
| Amounts receivable within one year40/41 | €249k | €409k | €424k | €631k | €987k | ▲ 56.4% |
| Trade receivables40 | - | €409k | €424k | €618k | €941k | ▲ 52.2% |
| Other amounts receivable41 | - | €0 | €357 | €13k | €46k | ▲ 258% |
| Cash at bank and in hand54/58 | €135k | €146k | €527k | €381k | €245k | ▼ 35.7% |
| Deferred charges and accrued income490/1 | - | €5k | €13k | €24k | €24k | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €764k | €972k | €1.43M | €1.63M | €2.97M | ▲ 82.0% |
| Equity10/15 | €160k | €275k | €543k | €697k | €906k | ▲ 30.0% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €176k | €262k | €530k | €684k | €893k | ▲ 30.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €261k | €528k | €684k | €893k | ▲ 30.6% |
| Profit (loss) carried forward14 | €-29k | €0 | - | - | €0 | - |
| Amounts payable17/49 | €605k | €698k | €886k | €935k | €2.06M | ▲ 121% |
| Amounts payable after more than one year17 | €230k | €247k | €257k | €295k | €973k | ▲ 229% |
| Financial debts170/4 | - | €247k | €257k | €295k | €973k | ▲ 229% |
| Amounts payable within one year42/48 | €374k | €449k | €451k | €639k | €1.09M | ▲ 70.6% |
| Current portion of amounts payable after more than one year42 | - | €41k | €69k | €87k | €140k | ▲ 61.6% |
| Financial debts43 | - | €13k | €53k | €46k | €88k | ▲ 89.0% |
| Credit institutions430/8 | - | - | - | - | €88k | - |
| Other loans439 | - | €13k | €53k | €46k | €0 | ▼ 100% |
| Trade debts44 | €167k | €245k | €83k | €319k | €419k | ▲ 31.2% |
| Suppliers440/4 | - | €245k | €83k | €319k | €419k | ▲ 31.2% |
| Taxes, remuneration and social security45 | - | €149k | €246k | €187k | €243k | ▲ 29.9% |
| Taxes450/3 | - | €64k | €178k | €78k | €120k | ▲ 54.5% |
| Remuneration and social security454/9 | - | €86k | €68k | €109k | €122k | ▲ 12.4% |
| Other amounts payable47/48 | - | €0 | - | - | €201k | - |
| Accrued charges and deferred income492/3 | - | €1k | €177k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-34k | €115k | €268k | €154k | €383k | ▲ 149% |
| + Depreciation and write-downs630 | €38k | €56k | €64k | €87k | €143k | ▲ 63.7% |
| Operating cash flow (approximation) | €4k | €171k | €332k | €241k | €526k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-92k | €-117k | €-163k | €-923k | ▼ 466% |
| Change in cash | - | €11k | €381k | €-146k | €-136k | ▲ 6.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €383k ▲149%
Operating result €579k, net result €383k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €543k ▲97.4%
2 profitable years in a row build equity to €543k.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
31-12
Financial
Back to profitnet €115k
Net result €115k after one loss-making year.
31-12
Financial
Equity above €200kEq €275k ▲72.2%
Equity rises from €160k to €275k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €150kEq €194k ▲91%
2 profitable years in a row build equity to €194k.
Show earlier events
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2012
Ground area
348 m²
Building footprint
207 m²
Volume, LiDAR
25 m³
Parcel 11024B0320/00M004, Flanders · tallest building 4.2 m. Linked by address, not a title deed.
1 establishment unit
Flexamit
since 20122.215.808.513
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0320/00M004 | Flanders | 348 m² | 1 · 207 m² | 4.2 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 245 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 245 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 147 companies in sector 26200 we hold annual accounts for 85. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
26200Manufacture of computer, electronic and optical products
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
Contact
Scores and ratios are computed by Checked and are not a credit decision.