Flexforce
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 4 August 2025 · trustee Steven Heylen · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Antwerp, Mechelen division
- Supervising judge
- Koenraad De Geest
- Official Gazette
- 08-08-2025search the document for 2025/133640
Deadlines
- Provisional date payments stopped
- 4 August 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 23 August 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 3 September 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 29 September 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 4 August 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Steven HeylenVlakke Velden 1, 2270 Herent- Houtinfo@heylendieltjens.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed in an article
Embed the Flexforce company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 04-08-2025
- Activity
- Other building finishing work NACE 43350and 4 others
- Joint committees
- 200 Auxiliary committee for white-collar workers
- 100 Auxiliary committee for blue-collar workers · annual accounts 2023
- Establishment unit
- 2.280.400.219 2270 Herenthout, since 27-09-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- AIMLABS CommVManager · since 27-09-2018
- Karaca GüllüDirector · since 30-01-2019
- Holdings
- Shares in 1 company SYNVESTMENT
Financial position
No score
Annual accounts 2023
- Gross margin
- -€63
- Loss
- €1,260
- Equity
- €45,150
- Total assets
- €55,782
- Staff
- ≈ 0 FTE
- estimated
Turnover not published (micro format)
Financials
Financials · financial year 2023, micro format
2023 annual accounts filed 68 days after the deadline Filed on 7 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00495521.
Annual accounts 2023 filed on 07-10-2024 PDF all 5 filings
Equity
€45,150▼ 35.8%
2021 · €70,298
Total assets
€55,782▼ 45.4%
2021 · €102,241
Net result
-€1,260
2021 · €7,102
Working capital
€44,683▼ 27.9%
2021 · €61,943
Multi-year overview
2018 to 2023, 5 financial yearsOperating result
-€2,632
2023
20182023
Net result
-€1,260
2023
lowest quarter of the sector
20182023
Equity
€45,150
2023
middle half of the sector
20182023
Total assets
€55,782
2023
lowest quarter of the sector
20182023
Debt
€10,632
2023
20182023
Working capital
€44,683
2023
middle half of the sector
20182023
Solvency
80.9%
2023
highest quarter of the sector
20182023
Current ratio
5.20
2023
highest quarter of the sector
20182023
Return on assets (ROA)
-2.3%
2023
lowest quarter of the sector
20182023
Staff (FTE)
no figure
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212023
Operating result€19,303-€89,925▲ 366%-€9,801€6,219-€2,632-
Net result€15,526-€69,945▲ 350%-€28,475below the sector's middle half€7,102within the sector's middle half-€1,260below the sector's middle half-
Equity€21,726-€91,671▲ 322%€63,196within the sector's middle half▼ 31.1%€70,298within the sector's middle half▲ 11.2%€45,150within the sector's middle half-
Total assets€41,094-€223,598▲ 444%€117,917within the sector's middle half▼ 47.3%€102,241within the sector's middle half▼ 13.3%€55,782below the sector's middle half-
Debt€19,368-€131,926▲ 581%€54,721▼ 58.5%€31,943▼ 41.6%€10,632-
Working capital€16,512-€54,877▲ 232%€53,077within the sector's middle half▼ 3.3%€61,943within the sector's middle half▲ 16.7%€44,683within the sector's middle half-
Solvency52.9%-41.0%▼ 11.9pp53.6%within the sector's middle half▲ 12.6pp68.8%above the sector's middle half▲ 15.2pp80.9%above the sector's middle half-
Current ratio1.85-1.49▼ 0.362.30within the sector's middle half▲ 0.813.56above the sector's middle half▲ 1.265.20above the sector's middle half-
Return on assets (ROA)37.8%-31.3%▼ 6.5pp-24.1%below the sector's middle half▼ 55.4pp6.9%within the sector's middle half▲ 31.1pp-2.3%below the sector's middle half-
Staff (FTE)34.2above the sector's middle half▲ 40.0%3.6▼ 14.3%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is a loss of €2,632, against €6,219 in 2021. Comparable figures for the intervening years are unavailable.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €55,782
Fixed assets
€467 ▼ 97.1%
Current assets
€55,316 ▼ 35.8%
Equity and liabilities €55,782
Equity
€45,150 ▼ 35.8%
Debt
€10,632 ▼ 66.7%
Debt's share of the balance-sheet total falls from 31.2% to 19.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,072▼
2021 · €13,416
Cash flow
-€700▼
2021 · €14,299
Debt to equity
0.24▼
2021 · 0.45
ROE
-2.8%▼
2021 · 10.1%
Interest coverage
-12.82▼
2021 · 23.08
Debt ≤ 1 year
€10,632▼
2021 · €24,174
Income taxes
€0=
2021 · €0
Staff costs
€1,063▼
2021 · €37,816
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 2 |
| part-time | 1 |
| in full-time equivalents | 2.8 |
| Average over the year, in full-time equivalents | 3.6 |
| On a permanent contract | 3 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €973 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €37,816 | €1,063 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €373 | €5,512 | €7,755 | €7,197 | €560 | - |
| Other operating charges640/8 | - | - | - | €1,846 | €946 | - |
| Non-recurring operating charges66A | - | - | - | €372 | €0 | - |
| Gross operating margin9900 | €20,024 | €215,759 | €63,232 | €53,451 | -€63 | - |
| Operating profit (loss)9901 | €19,303 | €89,925 | -€9,801 | €6,219 | -€2,632 | - |
| Financial income75/76B | - | - | - | €1,464 | €1,534 | - |
| Recurring financial income75 | - | €730 | €1,523 | €1,464 | €1,534 | - |
| Financial charges65/66B | - | - | - | €581 | €162 | - |
| Recurring financial charges65 | €13 | €301 | €25,301 | €581 | €162 | - |
| Profit (loss) for the period before taxes9903 | €19,291 | €90,355 | -€33,578 | €7,102 | -€1,260 | - |
| Income taxes67/77 | €3,764 | €20,410 | -€5,103 | €0 | €0 | - |
| Profit (loss) for the period9904 | €15,526 | €69,945 | -€28,475 | €7,102 | -€1,260 | - |
| Profit (loss) for the period to be appropriated9905 | €15,526 | €69,945 | -€28,475 | €7,102 | -€1,260 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,094 | €223,598 | €117,917 | €102,241 | €55,782 | - |
| Fixed assets21/28 | €5,227 | €56,774 | €24,019 | €16,124 | €467 | - |
| Intangible fixed assets21 | €5,227 | €4,387 | €3,267 | €2,147 | €467 | - |
| Tangible fixed assets22/27 | - | €27,387 | €20,752 | €13,978 | - | - |
| Furniture and vehicles24 | - | - | - | €13,978 | - | - |
| Financial fixed assets28 | - | €25,000 | €0 | - | - | - |
| Current assets29/58 | €35,868 | €166,824 | €93,898 | €86,117 | €55,316 | - |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - |
| Other amounts receivable291 | - | - | - | €0 | - | - |
| Stocks and contracts in progress3 | - | €38,546 | €6,318 | €0 | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €5,686 | €101,043 | €42,630 | €82,480 | €53,858 | - |
| Trade receivables40 | - | - | - | €24,834 | €9,145 | - |
| Other amounts receivable41 | - | - | - | €57,646 | €44,714 | - |
| Cash at bank and in hand54/58 | €29,602 | €25,641 | €33,072 | €2,460 | €103 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,178 | €1,354 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,094 | €223,598 | €117,917 | €102,241 | €55,782 | - |
| Equity10/15 | €21,726 | €91,671 | €63,196 | €70,298 | €45,150 | - |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - |
| Profit (loss) carried forward14 | €13,666 | €83,611 | €55,136 | €62,238 | €37,090 | - |
| Amounts payable17/49 | €19,368 | €131,926 | €54,721 | €31,943 | €10,632 | - |
| Amounts payable after more than one year17 | - | €19,953 | €13,895 | €7,765 | - | - |
| Financial debts170/4 | - | - | - | €7,765 | - | - |
| Amounts payable within one year42/48 | €19,355 | €111,947 | €40,821 | €24,174 | €10,632 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,130 | - | - |
| Trade debts44 | €10,601 | €74,024 | €13,699 | €7,568 | €8,719 | - |
| Suppliers440/4 | - | - | - | €7,568 | €8,719 | - |
| Taxes, remuneration and social security45 | - | - | - | €10,387 | €1,824 | - |
| Taxes450/3 | - | - | - | €5,944 | €1,824 | - |
| Remuneration and social security454/9 | - | - | - | €4,443 | - | - |
| Other amounts payable47/48 | - | - | - | €89 | €90 | - |
| Accrued charges and deferred income492/3 | - | - | - | €4 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,526 | €69,945 | -€28,475 | €7,102 | -€1,260 | - |
| + Depreciation and write-downs630 | €373 | €5,512 | €7,755 | €7,197 | €560 | - |
| Operating cash flow (approximation) | €15,900 | €75,457 | -€20,720 | €14,299 | -€700 | - |
| Investment in fixed assets (approximation) | - | -€57,059 | €25,000 | €697 | - | - |
| Change in cash | - | -€3,962 | €7,432 | -€30,613 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 07-10-2024 | 2024-00495521 | |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20221140 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-41600576 | |
| 31-12-2019 | micro format | 06-10-2020 | 2020-58900026 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35200209 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
AIMLABS CommV
Current
Karaca Güllü
Current
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Steven Heylen Vlakke Velden 1, 2270 Herent- Hout |
04-08-2025 → present |
Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Karaca Güllü |
|
| AIMLABS CommV |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
Holdings through the years 2019 to 2023
| Name | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|
| SYNVESTMENT | 50% | |||
Source: list of holdings in its own accounts
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of Flexforce. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2025
08-08
Bankruptcy
Bankruptcy declared
Enterprise Court of Antwerp, Mechelen division · judgment of 04-08-2025
2024
07-10
micro format · 68 days late
2023
22-12
Gazette deed
Registered office moved within HerenthoutNew registered office: Zwaluwenlaan 9, 2270 Herenthout · Previous registered office: Itegemse Steenweg 113, 2270 Herenthout · Permanent representative: Meylemans Nick4 points ▸
Gazette deed
Registered office moved within Herenthout
New registered office: Zwaluwenlaan 9, 2270 Herenthout · Previous registered office: Itegemse Steenweg 113, 2270 Herenthout · Permanent representative: Meylemans Nick4 points ▸
- Board meeting, 28-09-2023
- Registered-office move, Zwaluwenlaan 9, 2270 Herenthout
- Director in office, AIMLABS CommV (manager)
- Permanent representative, Meylemans Nick
2022
26-07
micro format · 5 days before the deadline
2021
31-12
Financial
Back to profitnet €7,102
The net result is €7,102, after one loss-making year.
29-07
micro format · 2 days before the deadline
2020
31-12
Financial
Weakest financial yearnet -€28,475
The net result drops to -€28,475, the lowest from 2018 to 2023.
06-10
micro format · 67 days late
2019
31-12
Financial
Highest result from 2018 to 2023net €69,945 ▲350%
The operating result of €89,925 and the net result of €69,945 are both a record.
22-07
micro format · 9 days before the deadline
2018
01-10
4 publications in the Belgian Official Gazette, the last on 08-08-2025
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2023
- Legal form
- Private limited company (pre-2019)
- Active since
- 27 September 2018
Register details
Identity
Name
Flexforce in Dutch
Enterprise number
0705.943.432
Entity type
Legal entity
Registered office and establishments
Registered office
Zwaluwenlaan 9, 2270 Herenthout, Belgium
Establishment unit
FLEXSTAFF, Zwaluwenlaan 9, 2270 Herenthout since 27-09-2018 · unit number 2.280.400.219 0161006 Support activities for crop production
Activities
NACEBEL 202543350
Other building finishing work main activity
38110
Waste collection, recovery and disposal activities
38210
Materials recovery from waste
38330
Waste collection, recovery and disposal activities
81220
Other building cleaning and industrial cleaning
Codes under NACEBEL 2008
43390
Specialised construction activities main activity
38110
Waste collection, recovery and disposal activities
38211
Waste collection, recovery and disposal activities
38219
Waste collection, recovery and disposal activities
43992
Specialised construction activities
Joint committees
200 Auxiliary committee for white-collar workers
100 Auxiliary committee for blue-collar workers annual accounts 2023
Invoicing and payment
VAT number
BE 0705.943.432
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
1,419 m²
Building footprint
297 m²
Building volume
1,092 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13012D0645/00T000 | Flanders | 1,418 m² | 1 · 297 m² | 6.5 m · 1 |