Equity
€143,160 from €752,052 in 2019
Equity fell by 81% in 6 years.
FLEXCREDIT
Lifetime
10 annual accounts with figures on one time axispeak €765,703 (2020)
€731,281▲ 41.8%
peak €421,095 (2020)
€289,632▲ 73.8%
peak €752,052 (2019)
€143,160▼ 68.4%
€920,555▲ 165%
peak 5.8 FTE (2020)
3.7 FTE▼ 14.0%
Board3 names since 2015
2 directors and 1 other
Documentsfilings and deeds
19-06-202642 days before the deadline
2025abbreviated format
Gross margin from €515,562 to €731,281Result from €166,636 to €289,632Staff from 4.3 FTE to 3.7 FTEDividend €600,000Equity from €453,528 to €143,160Debts from €347,701 to €920,555
Key points
from the 2025 annual accountsDebts
€920,555 87% of the balance sheet
Suppliers 7%Taxes and wages 22%Other 71%
Of this, €850,286 falls due within a year.
Investments
€99,363 3.2 × depreciation
Green is investment, beige is depreciation.
Staff
3.7 FTE from 5.8 in 2020
Between 2020 and 2025, 36% of the full-time equivalents disappeared.
Filings
10 annual accounts 9 late
The 2021 accounts came latest: 32 days after the end of the period.
At the same address
43 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as FLEXCREDIT has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
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.
| 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 5,053 companies, not a prediction for FLEXCREDIT. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0627998982
Resignation: (director)
Director discharge: · General meeting of 15-06-2023 · Gazette deed
1 director appointed, 2 managers resigning, 2 reappointments
Resignations: (manager and director) and (manager and director) · Reappointments: (class A director) and (class B director) · Appointment: (class C director) · Gazette deed
Incorporation
published on 10-04-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLEXCREDIT Antwerp | €1.1m | €0.7m | 13.5% | 3.7 |
| INTERNATIONAL COLLECTION SERVICES Schoten | €1.3m | €0.3m | 37.3% | 2.4 |
| RECOVERY PARTNERS Ghent | €1.4m | €1.4m | 63.1% | 3.1 |
| Justified Ghent | €1.4m | €0.9m | 32.7% | 7.1 |
| CABINET DE GREFT Saint-Nicolas | €1.4m | €0.3m | 16.0% | 4.8 |
| CrediSolv Mechelen | €0.5m | €0.6m | 10.6% | - |
| CREDIT MANAGEMENT & ADVICE Aalst | €0.8m | €0.6m | 65.1% | 8 |
These companies have the same main activity as FLEXCREDIT: office administrative, office support and other business support activities (NACE 82910). They are comparable in size and age: total assets between €543,000 and €1.4m, founded between 1998 and 2018.
Official details
Source: KBO- Status
- Active since 08-04-2015Normal situation
- Registered office
- 44 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Office administrative, office support and other business support activitiesNACE 82910
- Establishment unit
- 2.241.440.0692600 Antwerp, since 08-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €1.1m▲ 32.8%
- Employeeson 31-12-2025
- 4▼ 20.0%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on FLEXCREDIT
FLEXCREDIT files the abbreviated format. That format states no turnover. The gross margin rose from €242,112 in 2016 to €731,281 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 FLEXCREDIT
- What is the company number of FLEXCREDIT?
- The company number of FLEXCREDIT is 0627.998.982. The VAT number is the same number with BE in front: BE 0627.998.982.
- Where is FLEXCREDIT based?
- The registered office is at Filip Williotstraat 9, 2600 Antwerp.Company details
- What does FLEXCREDIT do?
- According to the KBO register, the main activity is office administrative, office support and other business support activities (NACE 82910).
- What is the legal form of FLEXCREDIT?
- FLEXCREDIT is a private limited company (BV).
- When was FLEXCREDIT founded?
- FLEXCREDIT was founded on 08-04-2015.
- Is FLEXCREDIT still active?
- Yes, FLEXCREDIT is an active enterprise in the KBO register.
- How many employees does FLEXCREDIT have?
- FLEXCREDIT had an average of 3.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FLEXCREDIT?
- The turnover of FLEXCREDIT was €1.1m in financial year 2025, according to the filed annual accounts.
- Is FLEXCREDIT profitable?
- In financial year 2025, FLEXCREDIT made a profit of €289,632.
- Where can I find the annual accounts of FLEXCREDIT?
- FLEXCREDIT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLEXCREDIT due?
- FLEXCREDIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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