Equity
€100,228 ▲ 8.2%
FleXcellent has made a profit in every financial year since 2019.
FleXcellent
Lifetime
7 annual accounts with figures on one time axispeak €58,267 (2019)
€13,840▼ 0.3%
peak €38,608 (2019)
€7,553▼ 5.6%
peak €100,228 (2025)
€100,228▲ 8.2%
€6,601▼ 0.9%
Board2 names since 2022
2 directorsBollen Jean and 1 other
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Cash from €26,592 to €60,938
Key points
from the 2025 annual accountsFilings
7 annual accounts 4 late
The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
93.8%
Higher solvency than 92% of companies in head offices and management consultancy. Sector median 55.5% · 39,342 companies.
Checked score
96
Excellent
Financially stronger than 70% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 15.70, cash €60,938
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €100,228 (93.8% of total assets)
Size: total assets €106,829
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 97% on liquidity, 43% on profitability and 55% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as FleXcellent has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FleXcellent itself is lower: < 0.1% within 12 months. It rests on far more data about FleXcellent than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for FleXcellent. 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 verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 15.7 (13.97 in 2024), above the usual 1.5. Short-term debt is 6.2% and cash 57% of total assets. 6.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
29 days late
2024
25 days late
2023
5 days early
2022
7 days early
2021
6 days early
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727752297
Incorporation
published on 06-06-2019 · Gazette deed
First establishment
Gaverstraat 35, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FleXcellent Dendermonde | €106,829 | €13,840 | 93.8% | - |
| Gilmax Sint-Gillis-Waas | €167,652 | €16,615 | 37.0% | - |
| VSM-VDP Oudenaarde | €177,419 | €12,904 | 22.8% | - |
| KAM CONSULTING Sint-Niklaas | €84,384 | €15,616 | 3.6% | - |
| SolAmi Zottegem | €61,261 | €11,080 | 85.9% | - |
| STATE OF ART Ronse | €208,459 | €15,452 | -5.7% | - |
| FONTO Beersel | €70,158 | €14,271 | 45.5% | - |
These companies have the same main activity as FleXcellent: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €61,300 and €208,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 04-06-2019Normal situation
- Activity
- Activities of head officesNACE 70100and 2 others
- Establishment unit
- 2.294.911.2219200 Dendermonde, since 04-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2023
Insights on FleXcellent
FleXcellent files the micro format. That format states no turnover. The gross margin fell from €58,267 in 2019 to €13,840 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FleXcellent
- What is the company number of FleXcellent?
- The company number of FleXcellent is 0727.752.297. The VAT number is the same number with BE in front: BE 0727.752.297.
- Where is FleXcellent based?
- The registered office is at Gaverstraat 35, 9200 Dendermonde.Company details
- What does FleXcellent do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of FleXcellent?
- FleXcellent is a private limited company (BV).
- When was FleXcellent founded?
- FleXcellent was founded on 04-06-2019.
- Is FleXcellent still active?
- Yes, FleXcellent is an active enterprise in the KBO register.
- What is the turnover of FleXcellent?
- The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €13,840 and 210 comparable companies (NACE 70). It probably lies between €32,000 and €130,000. It is a rough estimate.Financials
- Is FleXcellent profitable?
- In financial year 2025, FleXcellent made a profit of €7,553.
- Where can I find the annual accounts of FleXcellent?
- FleXcellent filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FleXcellent due?
- FleXcellent must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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