Skip to content

FLEXCOR

Active Risk: not assessed
Public limited companyfounded 2002active for 24 yearsPeter Benoitstraat 9, 8800 Roeselare, BelgiumKBO/BCE: BE 0478.208.515
Summary

FLEXCOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €912,376 and a net result of €219,705. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 64% of 6,673 sector peers (NACE 64, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
≈ €550,000turnover 2025, estimated
Equity
€912,376
Profit
€219,705
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2025 accounts 35 days early2 of 8 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
34 days early
2023
33 days early
2022
20 days early
2021
16 days early
2020
31 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Frank Veranneman (director) and Ann…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2018 to 2025net €219,705 ▲3.4%

Financials · financial year 2025, abbreviated format

Equity
€912,376▲ 26.3%
2024 · €722,672
Net result
€219,705▲ 3.4%
2024 · €212,397
Total assets
€1.4m▲ 10.2%
2024 · €1.2m
Solvency
66.4%▲ 8.4pp
2024 · 58.0%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 2% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.4m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.08m▲ 124%€0.08m▼ 2.7%€0.2m▲ 131%€0.1m▼ 19.0%€0.2m▲ 34.2%€0.4m▲ 84.2%€0.4m▼ 2.3%
Net result€0.02m-€0.06m▲ 145%€0.05mwithin the sector's middle half▼ 6.8%€0.1mabove the sector's middle half▲ 142%€0.1mabove the sector's middle half▼ 18.4%€0.1mabove the sector's middle half▲ 34.0%€0.2mabove the sector's middle half▲ 54.5%€0.2mabove the sector's middle half▲ 3.4%
Equity€0.07m-€0.1m▲ 74.8%€0.2mwithin the sector's middle half▲ 39.9%€0.3mwithin the sector's middle half▲ 60.8%€0.4mwithin the sector's middle half▲ 35.0%€0.5mabove the sector's middle half▲ 34.7%€0.7mabove the sector's middle half▲ 35.6%€0.9mwithin the sector's middle half▲ 26.3%
Total assets€1.1m-€1.2m▲ 4.2%€1.1mabove the sector's middle half▼ 5.0%€1.2mabove the sector's middle half▲ 6.2%€1.1mabove the sector's middle half▼ 8.0%€1.2mabove the sector's middle half▲ 6.9%€1.2mabove the sector's middle half▲ 6.9%€1.4mwithin the sector's middle half▲ 10.2%
Debt€1.1m-€1.0m▼ 0.8%€0.9m▼ 10.6%€0.9m▼ 4.5%€0.7m▼ 22.2%€0.6m▼ 9.0%€0.5m▼ 17.2%€0.5m▼ 11.9%
Working capital-€0.9m--€0.8m▲ 7.1%-€0.7mbelow the sector's middle half▲ 12.6%-€0.6mbelow the sector's middle half▲ 19.3%-€0.4mbelow the sector's middle half▲ 28.4%-€0.2mbelow the sector's middle half▲ 48.8%€0.04mwithin the sector's middle half€0.3mabove the sector's middle half▲ 672%
Solvency6.6%-11.1%▲ 4.5pp16.3%below the sector's middle half▲ 5.2pp24.7%within the sector's middle half▲ 8.4pp36.3%within the sector's middle half▲ 11.6pp45.7%within the sector's middle half▲ 9.5pp58.0%within the sector's middle half▲ 12.3pp66.4%within the sector's middle half▲ 8.4pp
Current ratio0.17-0.22▲ 0.050.24below the sector's middle half▲ 0.020.36below the sector's middle half▲ 0.120.41below the sector's middle half▲ 0.050.67below the sector's middle half▲ 0.261.07within the sector's middle half▲ 0.401.62within the sector's middle half▲ 0.55
Return on assets (ROA)2.0%-4.7%▲ 2.7pp4.7%within the sector's middle half▼ 0.1pp10.6%within the sector's middle half▲ 6.0pp9.4%within the sector's middle half▼ 1.2pp11.8%within the sector's middle half▲ 2.4pp17.0%within the sector's middle half▲ 5.2pp16.0%above the sector's middle half▼ 1.0pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €626,533 ▼ 8.6%
Current assets €746,959 ▲ 33.3%
Equity and liabilities €1.4m
Equity €912,376 ▲ 26.3%
Debt €461,116 ▼ 11.9%
Debt's share of the balance-sheet total falls from 42.0% to 33.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
24.1%▼
2024 · 29.4%
Debt ≤ 1 year
€461,116▼
2024 · €523,357
Income taxes
€105,355▼
2024 · €113,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.4m▲
Fixed assets21/28€0.7m€0.6m▼
Tangible fixed assets22/27€0.7m€0.6m▼
Land and buildings22€0.7m€0.6m▼
Plant, machinery and equipment23€0.02m€0.01m▼
Furniture and vehicles24€0.005m€0.004m▼
Current assets29/58€0.6m€0.7m▲
Amounts receivable within one year40/41€0.2m€0.3m▲
Trade receivables40€0.1m€0.1m▼
Other amounts receivable41€0.06m€0.2m▲
Current investments50/53€19-
Cash at bank and in hand54/58€0.4m€0.4m▲
Deferred charges and accrued income490/1€0.005m€0.005m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.4m▲
Equity10/15€0.7m€0.9m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.7m€0.9m▲
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Tax-exempt reserves132€0.001m€0.001m=
Distributable reserves133€0.7m€0.8m▲
Profit (loss) carried forward14-€0.02m-€0.02m=
Amounts payable17/49€0.5m€0.5m▼
Amounts payable within one year42/48€0.5m€0.5m▼
Trade debts44€0.02m€0.02m▲
Suppliers440/4€0.02m€0.02m▲
Taxes, remuneration and social security45€0.04m€0.04m▼
Taxes450/3€0.04m€0.04m▼
Other amounts payable47/48€0.5m€0.4m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m▲
Other operating charges640/8€0.008m€0.006m▼
Gross operating margin9900€0.4m€0.4m▼
Operating profit (loss)9901€0.4m€0.4m▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€0.04m€0.03m▼
Recurring financial charges65€0.04m€0.03m▼
Profit (loss) for the period before taxes9903€0.3m€0.3m▼
Income taxes67/77€0.1m€0.1m▼
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P-€0.02m-€0.02m=
Transfer from equity791/2€0.02m€0.03m▲
Transfer to equity691/2€0.2m€0.2m▲
To other reserves6921€0.2m€0.2m▲
Profit to be distributed694/7€0.02m€0.03m▲
Return on contributions (dividend)694€0.02m€0.03m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€7,897----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75,348€87,180€68,984€71,640€70,537€71,226€58,917€59,096▲ 0.3%
Other operating charges640/8---€5,518€4,625€5,881€8,205€6,005▼ 26.8%
Gross operating margin9900€116,521€173,118€154,112€259,262€222,749€275,117€431,756€421,288▼ 2.4%
Operating profit (loss)9901€36,077€80,847€78,681€182,105€147,587€198,009€364,634€356,187▼ 2.3%
Financial income75/76B---€0€1--€0-
Recurring financial income75-€6€0€0€1--€0-
Financial charges65/66B---€3,471€3,103€719€38,253€31,127▼ 18.6%
Recurring financial charges65€4,646€5,020€5,515€3,471€3,103€719€38,253€31,127▼ 18.6%
Profit (loss) for the period before taxes9903€31,431€75,833€73,166€178,634€144,486€197,290€326,381€325,059▼ 0.4%
Income taxes67/77€8,685€20,088€21,232€52,853€41,891€59,823€113,984€105,355▼ 7.6%
Profit (loss) for the period9904€22,746€55,745€51,934€125,781€102,595€137,467€212,397€219,705▲ 3.4%
Profit (loss) for the period to be appropriated9905€22,526€55,105€51,934€125,781€102,595€137,467€212,397€219,705▲ 3.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.2m€1.1m€1.2m€1.1m€1.2m€1.2m€1.4m▲ 10.2%
Fixed assets21/28€1.0m€0.9m€0.9m€0.9m€0.8m€0.7m€0.7m€0.6m▼ 8.6%
Tangible fixed assets22/27€1.0m€0.9m€0.9m€0.9m€0.8m€0.7m€0.7m€0.6m▼ 8.6%
Land and buildings22---€0.8m€0.8m€0.7m€0.7m€0.6m▼ 8.5%
Plant, machinery and equipment23---€0.009m€0.02m€0.02m€0.02m€0.01m▼ 9.1%
Furniture and vehicles24---€0.03m€0.02m€0.005m€0.005m€0.004m▼ 17.2%
Current assets29/58€0.2m€0.2m€0.2m€0.3m€0.3m€0.4m€0.6m€0.7m▲ 33.3%
Amounts receivable within one year40/41€0.09m€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.3m▲ 69.1%
Trade receivables40---€0.1m€0.1m€0.1m€0.1m€0.1m▼ 3.1%
Other amounts receivable41---€0.05m€0.06m€0.05m€0.06m€0.2m▲ 225%
Current investments50/53-€165€24€34€30€27€19--
Cash at bank and in hand54/58€0.08m€0.09m€0.1m€0.1m€0.1m€0.3m€0.4m€0.4m▲ 16.1%
Deferred charges and accrued income490/1---€0.004m€0.01m€0.007m€0.005m€0.005m▲ 9.7%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m€1.1m€1.2m€1.1m€1.2m€1.2m€1.4m▲ 10.2%
Equity10/15€0.07m€0.1m€0.2m€0.3m€0.4m€0.5m€0.7m€0.9m▲ 26.3%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.06m€0.09m€0.1m€0.3m€0.4m€0.5m€0.7m€0.9m▲ 27.7%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m€0.03m=
Tax-exempt reserves132---€0.001m€0.001m€0.001m€0.001m€0.001m=
Distributable reserves133---€0.2m€0.3m€0.5m€0.7m€0.8m▲ 28.7%
Profit (loss) carried forward14-€0.05m-€0.02m-€0.02m-€0.02m-€0.02m-€0.02m-€0.02m-€0.02m=
Amounts payable17/49€1.1m€1.0m€0.9m€0.9m€0.7m€0.6m€0.5m€0.5m▼ 11.9%
Amounts payable within one year42/48€1.1m€1.0m€0.9m€0.9m€0.7m€0.6m€0.5m€0.5m▼ 11.9%
Financial debts43---€0.2m-----
Credit institutions430/8---€0.2m-----
Trade debts44€0.02m€0.03m€0.03m€0.02m€0.03m€0.02m€0.02m€0.02m▲ 40.1%
Suppliers440/4---€0.02m€0.03m€0.02m€0.02m€0.02m▲ 40.1%
Taxes, remuneration and social security45---€0.05m€0.05m€0.04m€0.04m€0.04m▼ 0.1%
Taxes450/3---€0.05m€0.05m€0.04m€0.04m€0.04m▼ 0.1%
Remuneration and social security454/9---€0.008m€0.008m----
Other amounts payable47/48---€0.6m€0.6m€0.6m€0.5m€0.4m▼ 15.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€22,746€55,745€51,934€125,781€102,595€137,467€212,397€219,705▲ 3.4%
+ Depreciation and write-downs630€75,348€87,180€68,984€71,640€70,537€71,226€58,917€59,096▲ 0.3%
Operating cash flow (approximation)€98,094€142,925€120,918€197,420€173,132€208,693€271,314€278,801▲ 2.8%
Investment in fixed assets (approximation)--€80,756-€17,945-€44,713-€10,000-€7,779-€901€0-
Change in cash-€3,001€12,978€38,448-€29,573€155,678€110,102€60,024▼ 45.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 23 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 26-06-2026 2026-00201667
31-12-2024 micro format 27-06-2025 2025-00199993
31-12-2023 micro format 28-06-2024 2024-00180782
31-12-2022 micro format 11-07-2023 2023-00229977
31-12-2021 micro format 15-07-2022 2022-20188998
31-12-2020 micro format 30-06-2021 2021-27700236
31-12-2019 micro format 02-07-2020 2020-25500165
31-12-2018 micro format 25-06-2019 2019-24100545
31-12-2017 micro format 27-06-2018 2018-24100506
31-12-2016 micro format 26-06-2017 2017-21600584

Show all 23 filings

Similar companies · same sector, comparable size

Of the 24,456 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,093. 12,960 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 1 in day-to-day management, last change in 2026

Board 2

Ann Goddeeris
Director (not named in the articles) · since 15-05-2026
Current
Frank Veranneman
Director (not named in the articles) · since 15-05-2026
Current

Day-to-day management 1

Frank Veranneman
Managing director · since 15-05-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 8 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Ann Goddeeris
  • Director (not named in the articles), since before 15-05-2026
Frank Veranneman
  • Director (not named in the articles), since before 15-05-2026
  • Managing director, since before 15-05-2026
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 12-03-2024 Capital stated in the deed · €61,500 · 380 shares

Group and network

Connections & network

4 connected companies

History

On 26 August 2002, FLEXCOR was incorporated.1 Total assets went from €1.1m in 2018 to €1.4m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-07
Gazette deed Reappointments: Frank Veranneman (director) and Ann Goddeeris (director)
5 facts ▸
  • General meeting, 15-05-2026
  • Director reappointment, Frank Veranneman (director (not named in the articles))
  • Director reappointment, Ann Goddeeris (director (not named in the articles))
  • Board meeting, 15-05-2026
  • Director reappointment, Frank Veranneman (managing director)
26-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Highest result from 2018 to 2025net €219,705 ▲3.4%
Net result €219,705, the highest in the series.
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
28-06
NBB filing Annual accounts filed
financial year 2023 · micro format
12-03
Gazette deed Purpose · Amendment of the articles · Resignations & appointments · Miscellaneous
Registered office clause · Approval · Purpose change6 facts ▸
  • Registered office clause, “8800 Roeselare,Peter Benoitstraat 9, Vierde besluit algemene vergadering verklaart” (deed in Dutch)
  • General meeting, 28-12-2023
  • Amendment of the articles (2 times)
  • Approval, “verslag bestuursorgaan, goedgekeurd” (deed in Dutch)
  • Purpose change
  • Capital, €61,500
2023
31-12
Financial Equity above €500,000equity €533,056 ▲34.7%
A profit in every financial year since 2018 builds equity to €533,056.
11-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
15-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Equity above €200,000equity €292,994 ▲60.8%
A profit in every financial year since 2018 builds equity to €292,994.
30-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Equity above €150,000equity €182,214 ▲39.9%
A profit in every financial year since 2018 builds equity to €182,214.
Show earlier events
02-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Equity above €100,000equity €130,280 ▲74.8%
A profit in every financial year since 2018 builds equity to €130,280.
25-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
27-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
26-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 23 annual accounts filed, the latest 10 are here; all 23 are under Financials.
2 of 8 deeds read
About the unread acts

Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded26-08-2002
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0478208515
Also 9925:BE0478208515
Registered 10-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2002
registered office establishment The establishment unit on the map
Ground area
747 m²
Building footprint
169 m²
Building volume
787 m³
Parcel 36502B0608/00M004, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
1 establishment unit
FLEXCOR
Peter Benoitstraat 9, 8800 RoeselareRenting and operating of own or leased residential real estate, excluding social housing
since 2002unit no. 2.114.412.037
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36502B0608/00M004 Flanders 747 m² 1 · 169 m² 6.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle managementsactiviteiten en het uitoefenen van het mandaat van bestuurder en gedelegeerd-bestuurder en vereffenaar in vennootschappen en…” (deed in Dutch)
24 activities (deed in Dutch)
  1. Alle managementsactiviteiten en het uitoefenen van het mandaat van bestuurder en gedelegeerd-bestuurder en vereffenaar in vennootschappen en ondernemingen welk voorwerp deze vennootschappen ook mochten hebben.
  2. Alle mogelijke advies- en dienstenfuncties en dienstverleningen van financiële, technische, commerciële, economische of administratieve aard en met name onder meer het verlenen van advies en bijstand, het uitvoeren van studies en opdrachten, het aanbieden van oplossingen - in België als in het buitenland, als tussenpersoon of rechtstreeks, exclusief of in samenwerkingsverband - betreffende, management, communicatie, human resources, sales en marketing, financieringen en overheidstegemoetkomingen, alle domeinen die gepaard gaan met het opstarten, acquisities, overnames, fusies en splitsingen, herstructureringen, aan- en verkopen, huur en onderhuur, exploitatie, leasing en franchising en het overlaten of overdragen daarvan - vrijwillig of gedwongen - van ondernemingen, handelsfondsen, vennootschappen, bedrijfstakken, productie-eenheden, gebouwen en uitrustingsgoederen, al dan niet industrieel, gronden, landerijen, domeinen en alle roerende en onroerende goederen, in België of in het buitenland, dit alles in de ruimste zin.
  3. Dit omvat het verstrekken van adviezen, het aanraden, uitwerken, uitvoeren en opvolgen van studie- en expertise-opdrachten, consultatie in en de organisatie van alle financiële, juridische, fiscale, sociale (micro- en macro) economische, administratieve en organisatorische aangelegenheden; dit omvat tevens engineeringactiviteiten in verband met software, bouw, machinebouw, (elektro) mechanica, hydraulica, productieprocessen, research en development en dergelijke; het ontwikkelen en commercialiseren van hardware en software; het uitvoeren van administratieve werkzaamheden, in de ruimste zin, voor derden.
  4. Het geven van coaching aan personen en ondernemingen op om het even welk gebied;
  5. Bemiddeling tussen ondernemingen en private personen op familiaal-juridisch en fiscaal vlak alsmede de ondersteuning en coaching van mensen.
  6. Het organiseren van en deelnemen aan onder meer bijeenkomsten, seminaries, opleidingen, studiedagen, conferenties, stages, ateliers, webinars, congressen, workshops, lezingen en debatten, degustaties en proeverijen in verband met juridische, culturele, gastronomische, oenologische, economische en bedrijfsmatige activiteiten en onderwerpen, zowel in België als in het buitenland en de organisatie van uitwisselingen en ontmoetingen betreffende de onderwerpen vervat in het voorwerp van de vennootschap.
  7. Het aanleggen, het oordeelkundig uitbouwen en beheren van onroerend vermogen: alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de schatting, de aankoop, de verkoop, het ter beschikking stellen; de afbraak, de bouw; verbouwingen; de binnenhuisinrichting en decoratie; de huur en verhuur; de ruil; de verkavelingen en, in het algemeen het productief maken van onroerende goederen en onroerende zakelijke rechten, alsmede het prospecteren van alle mogelijkheden in verband met al deze activiteiten.
  8. De vennootschap kan tevens onroerende goederen en/of zakelijke rechten op onroerende goederen verwerven om deze te verhuren of als vorm van bezoldiging ter beschikking te stellen aan de aandeelhouders en/of bestuurders.
  9. De bouwpromotie en het oprichten en laten oprichten van gebouwen en bouwwerken.
  10. Patrimoniumvennootschap.
  11. Projectontwikkeling voor de nieuwbouw van individuele woningen en renovatiewerkzaamheden; de projectontwikkeling voor de bouw van o.a. appartementsgebouwen, kantoorgebouwen, commerciële centra, industriële gebouwen, hotels, jachthaven, autowegen, …; schattingen; syndicus; bouwpromotie.
  12. De activiteit van verkavelaar en ruimtelijke ordening, alsook het bouwrijp maken van terreinen.
  13. Aanleg van terreinen en sportterreinen en het inrichten van evenementen en beurzen van welke aard ook zoals handelsbeurzen.
  14. Het ter beschikking stellen aan derden van lokalen, materiaal en personeel.
  15. De uitbating van een vakantiewoning in de meest ruime zin en de exploitatie en organisatie van alle mogelijke bijhorende activiteiten, arrangementen en evenementen; de aan- en verkoop van voedingswaren, (alcoholische) dranken en aanverwante benodigdheden en materialen in dat verband.
  16. Het uitbaten en inrichten van gastenkamers; het verzorgen van de ontvangst en het ontbijt voor de gasten; de aan- en verkoop van voedingswaren, (alcoholische) dranken en aanverwante benodigdheden en materialen, kortom het uitbaten van een bed and breakfast in de meest ruime zin van het woord.
  17. Het ontwikkelen, kopen, verkopen, beheer, in waarde stellen, in licentie nemen of geven van brevetten, octrooien, knowhow en andere intellectuele rechten.
  18. Het organiseren van en deelnemen aan om het even welke sportevenementen en -activiteiten, feestelijkheden, en dit zowel in binnen- als in buitenland, al dan niet met catering.
  19. Het voeren en beheren van eventbureaus en reisbureaus.
  20. Het verhuren van personenwagens met en zonder chauffeur.
  21. Groot- en kleinhandel in kunstwerken, schilderijen en beeldhouwwerken.
  22. Groot- en kleinhandel in antiek en brocante.
  23. Het huren en verhuren van vaartuigen en boten.
  24. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen: alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop, het beheren van aandelen, aandelenopties, obligaties, kasbons, afgeleide producten of andere roerende waarden, van welke vorm ook, uitgegeven door Belgische of buitenlandse emittenten.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FLEXCOR
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Voor zover geen wijziging van het toepasselijke taalregime, Vlaamse Gewest” (deed in Dutch)

deed of 12-03-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“3, minimum aantal door wet voorgeschreven” (deed in Dutch)

deed of 12-03-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Aandelen zonder stemrecht, mits naleving voorwaarden gesteld voor statutenwijziging” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Bij aandeelhoudersovereenkomsten bij wege van goedkeurings-of voorkoopclausules, verklaring van overdracht in…” (deed in Dutch)

deed of 12-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of May at 15:00

deed of 12-03-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Een of meer vereffenaars door algemene vergadering bij ontbinding om welke reden en welk ogenblik ook, algemene vergadering bepaalt” (deed in Dutch)
“Alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid” (deed in Dutch)

deed of 12-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Opvraging van stortingen, bestuursorgaan beslist zelfstandig” (deed in Dutch)
Other provision: “Op naam, aard van de aandelen” (deed in Dutch)
Other provision: “Op naam, aard van andere effecten” (deed in Dutch)
Other provision: “Ondeelbaarheid van de aandelen, dag verdeling aandelen of afgifte legaten met betrekking tot aandelen” (deed in Dutch)
Other provision: “Voorzitterschap raad van bestuur, voorzitter verhinderd” (deed in Dutch)
Other provision: “Schriftelijk, bijeenroeping raad van bestuur” (deed in Dutch)
Other provision: “Elk lid schriftelijk volmacht aan collega voor bepaalde raad met stem, besluitvorming raad van bestuur” (deed in Dutch)
Other provision: “Notulen raad van bestuur, speciaal register” (deed in Dutch)
Other provision: “Bevoegdheden raad van bestuur, alle handelingen nodig of dienstig tot verwezenlijking voorwerp” (deed in Dutch)
Other provision: “Dagelijks bestuur, raad kan hen op elk ogenblik ontslaan” (deed in Dutch)
Other provision: “Controle vennootschap, een of meer commissarissen benoemd overeenkomstig wettelijke bepalingen” (deed in Dutch)
Other provision: “Elke aandeelhouder, stemming per brief” (deed in Dutch)
Other provision: “Stemrecht, meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten behoudens wet of statuten anders” (deed in Dutch)
Other provision: “Jaarvergadering bij gewone meerderheid op voorstel raad van bestuur, bestemming winst” (deed in Dutch)
Other provision: “Uitkering dividenden en interimdividenden, raad bevoegd op eigen verantwoordelijkheid overeenkomstig wettelijke bepalingen” (deed in Dutch)
Other provision: “Verhoging en vermindering van het kapitaal, algemene vergadering” (deed in Dutch)
Other provision: “Kapitaalverhoging, uitgifte van converteerbare obligaties of inschrijvingsrechten, aandelen waarop in geld wordt ingeschreven, voorkeurrecht…” (deed in Dutch)
3 more provisions in the deed, see the deed of 12-03-2024

deed of 12-03-2024