Flexfloor

Active

Private limited companyfounded 20224 yrs activeSpoorweglaan 168, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0782.433.870

Summary

The computed 12-month bankruptcy probability of Flexfloor is 13.4% (high). The 2024 annual accounts show negative equity (-€14,506) and a net result of €11,035. Equity is shrinking by ~39.2% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

FlexfloorActiveChecked score 30/100

Risk analysis Report Compare

Activity

Activity not known

Size

€7,303total assets 2024

Equity: -€14,506
Profit: €11,035

Turnover not published (abridged schema)

Financial health

30 Weak Checked score 2024

Bankruptcy chance 12 m: 13.4%

Structure

Accounts 64 d overdue0 of 1 deed read

Why 30- No main activity registered- No establishment unit in the KBO- Figures for FY 2024 (filed 13-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 lateShow the evidence

Checked score

Score 2024

30 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 47% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -198.6% of total assets

Liquidity 6+5

short-term debt 297.7% · cash 4.5%

Profitability 100+100

return on assets 151.1%

Bankruptcy probability, 12 months

13.4% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 13.7% 12-2024: 15.6%▲ +13.3% vs 11-2024 01-2025: 19.9%▲ +27.8% vs 12-2024 02-2025: 19.9%● 0.0% vs 01-2025 03-2025: 19.9%▼ -0.2% vs 02-2025 04-2025: 19.3%▼ -3.0% vs 03-2025 05-2025: 19.3%▲ +0.2% vs 04-2025 06-2025: 19.1%▼ -1.2% vs 05-2025 07-2025: 15.9%▼ -16.8% vs 06-2025 08-2025: 17.5%▲ +10.1% vs 07-2025 09-2025: 18.6%▲ +6.1% vs 08-2025 10-2025: 22.1%▲ +19.0% vs 09-2025highest value 11-2025: 7.9%▼ -64.1% vs 10-2025 12-2025: 7.8%▼ -1.2% vs 11-2025 01-2026: 7.8%▼ -0.8% vs 12-2025 02-2026: 7.8%▼ -0.1% vs 01-2026lowest value 03-2026: 7.9%▲ +1.7% vs 02-2026 04-2026: 8.2%▲ +3.9% vs 03-2026 05-2026: 8.3%▲ +1.6% vs 04-2026 06-2026: 8.3%▲ +0.2% vs 05-2026 07-2026: 8.6%▲ +3.3% vs 06-2026 08-2026: 10.0%▲ +15.9% vs 07-2026 09-2026: 10.5%▲ +5.4% vs 08-2026 10-2026: 13.4%▲ +27.7% vs 09-2026

No main activity registered raises the probability
No establishment unit in the KBO raises the probability
Figures for FY 2024 (filed 13-10-2025) raises the probability
1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late raises the probability

No credit on open account

Liquidity short (current ratio 0.34 against 0.56 in 2023; short-term debt: 297.7% and cash: 4.5% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 7%, profitability 90%, growth against the median 85%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Figures for FY 2024 (filed 13-10-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

68 d late

2023

316 d late

2022

70 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 3 accounts on average 151 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage