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
- Equity
- €912,376
- Profit
- €219,705
- Ann GoddeerisDirector
- Frank VerannemanManaging director
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
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.
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Signals
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)
- Reappointments: Frank Veranneman (director) and Ann…Gazette deed
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €219,705 ▲3.4%
Financials · financial year 2025, abbreviated format
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
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).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Ann Goddeeris |
|
| Frank Veranneman |
|
Owners and capital
Capital and shareholders
- 12-03-2024 Capital stated in the deed · €61,500 · 380 shares
Group and network
Connections & network
4 connected companiesHistory
Acts, filings and financial milestones
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)
12-03
Gazette deed
Purpose · Amendment of the articles · Resignations & appointments · MiscellaneousRegistered 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
Show earlier events
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.
Register details
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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36502B0608/00M004 | Flanders | 747 m² | 1 · 169 m² | 6.6 m · 2 |
How the parcels are linked
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)
- 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.
- 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.
- 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.
- Het geven van coaching aan personen en ondernemingen op om het even welk gebied;
- Bemiddeling tussen ondernemingen en private personen op familiaal-juridisch en fiscaal vlak alsmede de ondersteuning en coaching van mensen.
- 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.
- 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.
- 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.
- De bouwpromotie en het oprichten en laten oprichten van gebouwen en bouwwerken.
- Patrimoniumvennootschap.
- 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.
- De activiteit van verkavelaar en ruimtelijke ordening, alsook het bouwrijp maken van terreinen.
- Aanleg van terreinen en sportterreinen en het inrichten van evenementen en beurzen van welke aard ook zoals handelsbeurzen.
- Het ter beschikking stellen aan derden van lokalen, materiaal en personeel.
- 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.
- 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.
- Het ontwikkelen, kopen, verkopen, beheer, in waarde stellen, in licentie nemen of geven van brevetten, octrooien, knowhow en andere intellectuele rechten.
- 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.
- Het voeren en beheren van eventbureaus en reisbureaus.
- Het verhuren van personenwagens met en zonder chauffeur.
- Groot- en kleinhandel in kunstwerken, schilderijen en beeldhouwwerken.
- Groot- en kleinhandel in antiek en brocante.
- Het huren en verhuren van vaartuigen en boten.
- 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.
- 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)
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)
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)
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
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)