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FLEXE

Active
Private limited companyfounded 2015active for 11 yearsBeukenhofstraat 47, 8570 Anzegem, BelgiumKBO/BCE: BE 0641.892.946
Summary

FLEXE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €97,092. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 95% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Coating of metals
NACE 25510Manufacture of machinery and equipment not elsewhere classified NACE 28300
5th largest company by equity in Anzegem, Manufacturing sector1 site
Size
€2.0mtotal assets 2025
Staff
6.1 FTE
Equity
€1.9m
Profit
€97,092
Turnover not published (abbreviated or micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 29 days early1 of 2 deeds summarised
Why 97raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 15.55, cash €1.2mEquity €1.9m (93.8% of total assets)Size: total assets €2.0mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 79% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 93.8% of total assets
Liquidity 100=
short-term debt 5.9% · cash 58.5%
Profitability 75+1
return on assets 4.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity ample (current ratio 15.55, compared with 34.98 in 2024, above the usual 1.5; short-term debt: 5.9% and cash: 58.5% of total assets), and 6.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 90% on solvency, 98% on liquidity and 50% on profitability.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 15.55, cash €1.2m
NBB · annual accounts
lowers risk · Equity €1.9m (93.8% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Size: total assets €2.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-01-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
30 days early
2023
29 days late
2022
34 days early
2021
33 days early
2020
32 days early
2019
31 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 23 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Marc Flamen (director)Appointment: Katrien FLAMEN (director) ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, micro format

Equity
€1.9m▲ 5.5%
2024 · €1.8m
Total assets
€2.0m▲ 9.4%
2024 · €1.8m
Net result
€97,092▲ 25.4%
2024 · €77,418
Working capital
€1.7m▲ 7.6%
2024 · €1.6m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 11% above 2024.

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

Operating result€0.1m 2025 Net result€0.1m 2025

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

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.3m▲ 83.4%€0.4m▲ 74.6%€0.3m▼ 40.6%€0.2m▼ 37.0%€0.1m▼ 36.9%€0.1m▲ 10.7%
Net result€0.1m-€0.2mabove the sector's middle half▲ 75.6%€0.3mabove the sector's middle half▲ 63.7%€0.2mwithin the sector's middle half▼ 36.3%€0.1mwithin the sector's middle half▼ 40.8%€0.08mwithin the sector's middle half▼ 34.4%€0.1mabove the sector's middle half▲ 25.4%
Equity€0.9m-€1.1mabove the sector's middle half▲ 22.0%€1.4mabove the sector's middle half▲ 29.5%€1.6mabove the sector's middle half▲ 14.5%€1.7mabove the sector's middle half▲ 7.5%€1.8mabove the sector's middle half▲ 4.6%€1.9mabove the sector's middle half▲ 5.5%
Total assets€1.0m-€1.1mwithin the sector's middle half▲ 14.0%€1.5mwithin the sector's middle half▲ 30.9%€1.7mwithin the sector's middle half▲ 12.7%€1.7mwithin the sector's middle half▲ 2.9%€1.8mwithin the sector's middle half▲ 5.8%€2.0mabove the sector's middle half▲ 9.4%
Debt€0.1m-€0.07m▼ 42.4%€0.1m▲ 51.7%€0.1m▼ 10.9%€0.03m▼ 72.5%€0.05m▲ 85.1%€0.1m▲ 151%
Working capital€0.6m-€0.8mabove the sector's middle half▲ 47.2%€1.1mabove the sector's middle half▲ 40.4%€1.4mabove the sector's middle half▲ 20.0%€1.5mabove the sector's middle half▲ 9.7%€1.6mabove the sector's middle half▲ 5.8%€1.7mabove the sector's middle half▲ 7.6%
Solvency87.6%-93.7%above the sector's middle half▲ 6.1pp92.7%above the sector's middle half▼ 1.0pp94.2%above the sector's middle half▲ 1.5pp98.5%above the sector's middle half▲ 4.2pp97.3%above the sector's middle half▼ 1.2pp93.8%above the sector's middle half▼ 3.5pp
Current ratio5.55-12.66above the sector's middle half▲ 7.1111.84above the sector's middle half▼ 0.8116.10above the sector's middle half▲ 4.2661.79above the sector's middle half▲ 45.6934.98above the sector's middle half▼ 26.8215.55above the sector's middle half▼ 19.42
Return on assets (ROA)11.0%-16.9%above the sector's middle half▲ 5.9pp21.1%above the sector's middle half▲ 4.2pp11.9%within the sector's middle half▼ 9.2pp6.9%within the sector's middle half▼ 5.1pp4.3%within the sector's middle half▼ 2.6pp4.9%within the sector's middle half▲ 0.6pp
Staff (FTE)4.6-5within the sector's middle half▲ 8.7%4.7within the sector's middle half▼ 6.0%3.8within the sector's middle half▼ 19.1%5.3within the sector's middle half▲ 39.5%7within the sector's middle half▲ 32.1%6.1▼ 12.9%
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €150,735 ▼ 12.5%
Current assets €1.8m ▲ 11.7%
Equity and liabilities €2.0m
Equity €1.9m ▲ 5.5%
Debt €122,712 ▲ 151%
Debt's share of the balance-sheet total rises from 2.7% to 6.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€136,384▲
2024 · €130,495
Cash flow
€118,537▲
2024 · €104,058
Debt to equity
0.07▲
2024 · 0.03
ROE
5.2%▲
2024 · 4.4%
Interest coverage
17.61▼
2024 · over 100
Debt ≤ 1 year
€118,020▲
2024 · €46,985
Income taxes
€25,738▼
2024 · €26,402
Staff costs
€221,434▼
2024 · €266,521
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,904 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€2.0m▲
Fixed assets21/28€0.2m€0.2m▼
Tangible fixed assets22/27€0.2m€0.2m▼
Land and buildings22€0.1m€0.1m▼
Plant, machinery and equipment23€0.01m€0.01m▼
Furniture and vehicles24€0.02m€0.01m▼
Current assets29/58€1.6m€1.8m▲
Amounts receivable within one year40/41€0.05m€0.1m▲
Trade receivables40€0.05m€0.1m▲
Other amounts receivable41€0.003m€0.006m▲
Current investments50/53€0.5m€0.5m▲
Cash at bank and in hand54/58€1.1m€1.2m▲
Deferred charges and accrued income490/1-€0.005m
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.0m▲
Equity10/15€1.8m€1.9m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m-
Issued capital100€0.2m-
Reserves13€1.6m€1.7m▲
Non-distributable reserves130/1€0.02m€0.06m▲
Legal reserve130€0.02m-
Reserves not available under the articles1311-€0
Own shares acquired1312-€0.06m
Tax-exempt reserves132€0.05m€0.1m▲
Distributable reserves133€1.5m€1.5m▼
Amounts payable17/49€0.05m€0.1m▲
Amounts payable within one year42/48€0.05m€0.1m▲
Trade debts44€0.007m€0.004m▼
Suppliers440/4€0.007m€0.004m▼
Taxes, remuneration and social security45€0.03m€0.05m▲
Taxes450/3€0.007m€0.02m▲
Remuneration and social security454/9€0.02m€0.03m▲
Other amounts payable47/48€0.009m€0.06m▲
Accrued charges and deferred income492/3€0.002m€0.005m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.3m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.02m▼
Other operating charges640/8€0.003m€0.003m▲
Gross operating margin9900€0.4m€0.4m▼
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B-€0.02m
Recurring financial income75-€0.02m
Financial charges65/66B€35€0.008m▲
Recurring financial charges65€35€0.008m▲
Profit (loss) for the period before taxes9903€0.1m€0.1m▲
Income taxes67/77€0.03m€0.03m▼
Profit (loss) for the period9904€0.08m€0.1m▲
Transfer to tax-exempt reserves689-€0.06m
Profit (loss) for the period to be appropriated9905€0.08m€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.08m€0.03m▼
Transfer from equity791/2-€0.06m
Transfer to equity691/2€0.08m€0.09m▲
To other reserves6921€0.08m€0.09m▲
Social balance sheet
Average headcount (FTE)90877.0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€151,391€212,932€266,521€221,434▼ 16.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€201,604€79,611€44,777€26,723€25,791€26,640€21,445▼ 19.5%
Other operating charges640/8---€2,426€2,646€2,752€2,822▲ 2.5%
Gross operating margin9900€493,551€483,085€644,852€441,798€405,852€399,768€360,640▼ 9.8%
Operating profit (loss)9901€137,416€252,012€439,911€261,259€164,482€103,855€114,938▲ 10.7%
Financial income75/76B----€401-€15,637-
Recurring financial income75-€1,016--€401-€15,637-
Financial charges65/66B---€269€34€35€7,746▲ 222×
Recurring financial charges65€24€108€28€269€34€35€7,746▲ 222×
Profit (loss) for the period before taxes9903€137,392€252,920€439,883€260,990€164,849€103,820€122,830▲ 18.3%
Income taxes67/77€28,702€62,063€127,367€61,778€46,829€26,402€25,738▼ 2.5%
Profit (loss) for the period9904€108,690€190,857€312,516€199,212€118,021€77,418€97,092▲ 25.4%
Transfer to tax-exempt reserves689------€63,150-
Profit (loss) for the period to be appropriated9905€108,690€190,857€312,516€199,212€118,021€77,418€33,942▼ 56.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.1m€1.5m€1.7m€1.7m€1.8m€2.0m▲ 9.4%
Fixed assets21/28€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 12.5%
Tangible fixed assets22/27€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 12.5%
Land and buildings22---€0.2m€0.2m€0.1m€0.1m▼ 9.9%
Plant, machinery and equipment23---€0.02m€0.02m€0.01m€0.01m▼ 32.5%
Furniture and vehicles24-----€0.02m€0.01m▼ 16.2%
Current assets29/58€0.7m€0.9m€1.3m€1.5m€1.5m€1.6m€1.8m▲ 11.7%
Amounts receivable within one year40/41€0.3m€0.2m€0.4m€0.5m€0.1m€0.05m€0.1m▲ 129%
Trade receivables40---€0.5m€0.09m€0.05m€0.1m▲ 130%
Other amounts receivable41---€0.04m€0.004m€0.003m€0.006m▲ 118%
Current investments50/53---€0.5m€0.5m€0.5m€0.5m▲ 8.8%
Cash at bank and in hand54/58€0.3m€0.7m€0.9m€0.4m€0.9m€1.1m€1.2m▲ 6.7%
Deferred charges and accrued income490/1---€0.001m--€0.005m-
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m€1.5m€1.7m€1.7m€1.8m€2.0m▲ 9.4%
Equity10/15€0.9m€1.1m€1.4m€1.6m€1.7m€1.8m€1.9m▲ 5.5%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10---€0.2m€0.2m€0.2m--
Issued capital100---€0.2m€0.2m€0.2m--
Reserves13€0.7m€0.9m€1.2m€1.4m€1.5m€1.6m€1.7m▲ 6.2%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.06m▲ 200%
Legal reserve130---€0.02m€0.02m€0.02m--
Reserves not available under the articles1311------€0-
Own shares acquired1312------€0.06m-
Tax-exempt reserves132---€0.05m€0.05m€0.05m€0.1m▲ 129%
Distributable reserves133---€1.3m€1.4m€1.5m€1.5m▼ 0.4%
Amounts payable17/49€0.1m€0.07m€0.1m€0.1m€0.03m€0.05m€0.1m▲ 151%
Amounts payable within one year42/48€0.1m€0.07m€0.1m€0.09m€0.02m€0.05m€0.1m▲ 151%
Trade debts44€0.02m-€0.01m€0.03m€0.001m€0.007m€0.004m▼ 42.8%
Suppliers440/4---€0.03m€0.001m€0.007m€0.004m▼ 42.8%
Taxes, remuneration and social security45---€0.04m€0.02m€0.03m€0.05m▲ 60.0%
Taxes450/3---€0.02m€0.001m€0.007m€0.02m▲ 176%
Remuneration and social security454/9---€0.01m€0.02m€0.02m€0.03m▲ 25.5%
Other amounts payable47/48---€0.03m€0.003m€0.009m€0.06m▲ 611%
Accrued charges and deferred income492/3---€0.005m€0.002m€0.002m€0.005m▲ 149%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€108,690€190,857€312,516€199,212€118,021€77,418€97,092▲ 25.4%
+ Depreciation and write-downs630€201,604€79,611€44,777€26,723€25,791€26,640€21,445▼ 19.5%
Operating cash flow (approximation)€310,294€270,468€357,293€225,935€143,812€104,058€118,537▲ 13.9%
Investment in fixed assets (approximation)--€8,432-€28,096€0-€7,166-€17,250€0-
Change in cash-€359,314€170,897-€418,987€491,097€152,157€73,219▼ 51.9%

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

Filings with the National Bank (10)
Financial year Type Filed Reference
30-06-2025 micro format 02-01-2026 2026-00001256
30-09-2024 abbreviated format 31-03-2025 2025-00058841
30-09-2023 abbreviated format 29-05-2024 2024-00102054
30-09-2022 abbreviated format 27-03-2023 2023-00047180
30-09-2021 abbreviated format 28-03-2022 2022-08900193
30-09-2020 abbreviated format 29-03-2021 2021-08800550
30-09-2019 abbreviated format 30-03-2020 2020-08000035
30-09-2018 abbreviated format 02-04-2019 2019-09000598
30-09-2017 abbreviated format 03-04-2018 2018-09000159
30-09-2016 abbreviated format 27-03-2017 2017-07500304

Similar companies · same sector, comparable size

Of the 693 active companies whose main activity is coating of metals (NACE 25510), figures are known for 412. 238 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
1 director, last change in 2025
Katrien FLAMEN
Director (not named in the articles) · since 30-06-2025
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
1 of this company's 2 Belgian Official Gazette deeds has 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 2025, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Katrien FLAMEN
  • Director (not named in the articles), from 30-06-2025 to date
Marc Flamen
  • Director (not named in the articles), until 20-08-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 20-08-2025 Capital stated in the deed · 200 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

FLEXE was incorporated on 26 October 2015.1 Total assets rose from €991,920 in 2019 to €2.0m in 2025 and headcount from 4.6 to 6.1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

2026
02-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
20-08
Gazette deed Resignation: Marc Flamen (director)
Appointment: Katrien FLAMEN (director) · Amendment of the articles · Reserve release9 facts ▸
  • General meeting, 30-06-2025
  • Amendment of the articles (2 times)
  • Reserve release, “statutaire onbeschikbare eigenvermogensrekeningen schrappen en beschikbaar maken voor toekomstige uitkeringen” (deed in Dutch)
  • Purpose change
  • Capital
  • Director resignation, Marc Flamen (director (not named in the articles))
  • Other provision, “kwijting ontslagen bestuurder, zal worden beslist op eerstvolgende gewone algemene vergadering” (deed in Dutch)
  • Director appointment, Katrien FLAMEN (director (not named in the articles))
  • Power of attorney
31-03
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
30-09
Financial Weakest financial yearnet €77,418 ▼34.4%
Net result drops to €77,418, the lowest in the series; recovery starts the following year.
29-05
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 29 days late
2023
30-09
Financial Liquidity more than triplescurrent ratio 61.79
Current ratio from 16.10 to 61.79; short-term debt falls from €91,093 to €24,826.
27-03
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
28-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Highest result from 2019 to 2025net €312,516 ▲63.7%
Operating result €439,911, net result €312,516, both a record.
29-03
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
30-09
Financial Liquidity more than doubledcurrent ratio 12.66
Current ratio from 5.55 to 12.66; short-term debt falls from €122,090 to €70,080.
30-09
Financial Equity above €1mequity €1.1m ▲22%
A profit in every financial year since 2019 builds equity to €1.1m.
Show earlier events
30-03
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
02-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
03-04
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
27-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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 formPrivate limited company
Founded26-10-2015
Financial year end30-06
Activities, NACEBEL 2025
25510Coating of metals
28300Manufacture of machinery and equipment not elsewhere classified
E-invoicing
Reachable via Peppol
Peppol ID 0208:0641892946
Registered 15-01-2026

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

Register as of 27 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, Anzegem · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
2,241 m²
Building footprint
395 m²
Building volume
2,307 m³
Parcel 34038B0364/00A002, Flanders · tallest building 18.2 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FLEXE
Beukenhofstraat 47, 8570 AnzegemManufacture of machinery and equipment not elsewhere classified
since 2015unit no. 2.269.922.536
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34038B0364/00A002 Flanders 2,241 m² 1 · 395 m² 18.2 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.
“1. De aankoop,verkoop en distributie van lifestyle artikelen; 2. Het ontwerp van outdoor tuinmeubilair en andere tuinartikelen; 3. De…” (deed in Dutch)
9 activities (deed in Dutch)
  1. 1. De aankoop,verkoop en distributie van lifestyle artikelen;
  2. 2. Het ontwerp van outdoor tuinmeubilair en andere tuinartikelen;
  3. 3. De productie van tuinmeubelen in buismetaal en plaatstaal,aluminium,kunststof en hout;
  4. 4. Het maximaal benutten en rentabiliseren van het eigen machinepark;
  5. 5. Het uitvoeren van metaalconstructie en assemblage in onderaanneming;
  6. 6. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van haar roerend patrimonium.
  7. 7. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van het eigen onroerend patrimonium,en het valoriseren van dit patrimonium door het stellen van alle daden van beheer en bestuur,waaronder de aankoop,verkoop,verhuring,zelf in huur nemen,vruchtgebruik,recht van opstal,erfpacht,ruilen van alle onroerende goederen,de oprichting van gebouwen en onroerende goederen,de renovatie,de verbouwing,de herinrichting van alle gebouwen in de ruimste zin.
  8. 8. Het beheer van haar roerend of onroerend vermogen. De vennootschap mag onder meer onroerende goederen of onroerend rechten verwerven,laten oprichten,laten opschikken of uitrusten en ombouwen.
  9. 9. Elke dienstverlening op het gebied van management. Het verlenen van diensten,consulting en adviezen aan derden van financiële,technische,commerciële of administratieve aard in de ruimste zin,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van organisatie,administratie,financiën,verkoop,productie,aanwerving,selectie en algemeen bestuur.

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.
FLEXE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 20-08-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Externe vertegenwoordigingsbevoegdheid De vennootschap wordt vertegenwoordigd jegens derden, met inbegrip van de vertegenwoordiging in…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur,MANDaat onbepaalde duur bij gebrek aan bepaling, één of meer” (deed in Dutch)
“Geheel bevoegdheden aan hem toegekend met mogelijkheid deel te delegeren, gedelegeerden dagelijks bestuur kunnen in kader van dat bestuur…” (deed in Dutch)

deed of 20-08-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of December at 18:00

deed of 20-08-2025

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

Other provision: “Voorwaarden toelating tot vergaderingen, rechten mogen niet geschorst zijn;indien enkel stemrechten geschorst,mag nog deelnemen zonder…” (deed in Dutch)
Other provision: “Voorwaarden uitoefening stemrecht, 1” (deed in Dutch)
Other provision: “Verdeling winst-aanleg reserves en interimuitkering, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten vereffening of consignatie nodige sommen, indien niet-volgestorte aandelen,herstelling evenwicht door…” (deed in Dutch)

deed of 20-08-2025