The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
XXVisible after signing in
HiddenVisible after signing in
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
XXVisible after signing in
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
XXVisible after signing in
XXVisible after signing in
XXVisible after signing in
Score breakdown
Visible after signing inVisible after signing in
Comparable companies, two years later
In July 2024, 849 companies had the same profile as FLEXCARE has now. Each dot stands for 3 companies, two years later.
91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
Micro
5 to 10 years old
solvency under 10%
a small loss
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 849 companies, not a prediction for FLEXCARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0687700801
Amendment of the articles
General meeting of 01-12-2022 · Gazette deed
1 director appointed, 1 resignation
Resignation: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in · Permanent representative: Hidden nameVisible after signing in · General meeting of 12-12-2019 · Gazette deed
Appointment: Name after signing inVisible after signing in (director)
Permanent representative: Name hiddenVisible after signing in · General meeting of 14-12-2018 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as FLEXCARE: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €88,700 and €251,000, founded between 2017 and 2021.
The company number of FLEXCARE is 0687.700.801. The VAT number is the same number with BE in front: BE 0687.700.801.
Where is FLEXCARE based?
The registered office is at Meensesteenweg 529, 8800 Roeselare.Company details
What does FLEXCARE do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of FLEXCARE?
FLEXCARE is a non-profit association (VZW).
When was FLEXCARE founded?
FLEXCARE was founded on 27-12-2017.
Is FLEXCARE still active?
Yes, FLEXCARE is an active enterprise in the KBO register.
How many employees does FLEXCARE have?
FLEXCARE had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FLEXCARE fall under?
In its 2025 annual accounts, FLEXCARE states joint committee 313 (Pharmacies and pricing offices).
What is the turnover of FLEXCARE?
The turnover in financial year 2025 is ≈ €980,000. This figure is estimated from the gross margin of €416,750 and 2,274 comparable companies of the same size. It probably lies between €590,000 and €1.7m. It is a rough estimate.
Is FLEXCARE profitable?
In financial year 2025, FLEXCARE made a loss of €2,204.
Where can I find the annual accounts of FLEXCARE?
FLEXCARE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEXCARE due?
FLEXCARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline