FlexForward
ActiveSummary
FlexForward has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,160 and a net result of €57,160. Its solvency ranks better than 43% of 8,575 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-07-2024 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 3 others
- Establishment unit
- 2.361.853.691 2861 Sint-Katelijne-Waver, since 11-07-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 18-09-2025
Board and ownership
- BOGAERS Fabienne Jozefien MarthaDirector · since 11-07-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €86,483
- Turnover
- ≈ €190,000
- estimated
- Profit
- €57,160
- Equity
- €60,160
- Total assets
- €135,835
- 2025 accounts filed 2 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €135,835lowers riskLiquidity: current ratio 2.20, cash €45,829Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 44% of them on solvency, 72% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00030909.
Annual accounts 2025 filed on 02-02-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €51,125 |
| Depreciation and write-downs of the year | €6,186 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as FlexForward: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €113,000 and €134,000, founded in 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| FlexForward Sint-Katelijne-Waver | 2024 | €135,835 | €60,160 | €86,483 | €57,160 | 2025 |
| HERP CONSULTING Antwerpen | 2024 | €130,203 | €57,591 | €97,854 | €58,257 | 2025 |
| Wim Gielis Consultancy Duffel | 2024 | €122,333 | €107,444 | €97,804 | €68,584 | 2025 |
| ALAN CONSULTING Duffel | 2024 | €119,826 | €70,208 | €98,706 | €76,679 | 2025 |
| bram.dx Schoten | 2024 | €133,915 | €65,059 | €99,785 | €64,892 | 2025 |
| Think Plan Do Boechout | 2024 | €112,543 | €45,889 | €76,122 | €42,889 | 2025 |
| GT – RH CONSULT Sombreffe | 2024 | €124,360 | €105,073 | €92,247 | €70,265 | 2025 |
They were chosen from the 7,100 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as FlexForward has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of FlexForward itself is lower: 0.3% within 12 months. It rests on far more data about FlexForward than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for FlexForward. 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,186 |
| Other operating charges640/8 | €404 |
| Gross operating margin9900 | €86,483 |
| Operating profit (loss)9901 | €79,892 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €945 |
| Recurring financial charges65 | €945 |
| Profit (loss) for the period before taxes9903 | €78,949 |
| Income taxes67/77 | €21,789 |
| Profit (loss) for the period9904 | €57,160 |
| Profit (loss) for the period to be appropriated9905 | €57,160 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €135,835 | |
| Formation expenses20 | €26 | |
| Fixed assets21/28 | €46,279 | |
| Tangible fixed assets22/27 | €46,279 | |
| Furniture and vehicles24 | €46,279 | |
| Current assets29/58 | €89,530 | |
| Amounts receivable within one year40/41 | €41,641 | |
| Trade receivables40 | €41,527 | |
| Other amounts receivable41 | €113 | |
| Cash at bank and in hand54/58 | €45,829 | |
| Deferred charges and accrued income490/1 | €2,060 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €135,835 | |
| Equity10/15 | €60,160 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €57,160 | |
| Distributable reserves133 | €57,160 | |
| Amounts payable17/49 | €75,675 | |
| Amounts payable after more than one year17 | €34,066 | |
| Financial debts170/4 | €34,066 | |
| Amounts payable within one year42/48 | €40,759 | |
| Current portion of amounts payable after more than one year42 | €8,683 | |
| Financial debts43 | €28 | |
| Credit institutions430/8 | €28 | |
| Trade debts44 | €1,204 | |
| Suppliers440/4 | €1,204 | |
| Taxes, remuneration and social security45 | €30,605 | |
| Taxes450/3 | €30,605 | |
| Other amounts payable47/48 | €239 | |
| Accrued charges and deferred income492/3 | €851 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €57,160 |
| + Depreciation and write-downs630 | €6,186 |
| Operating cash flow (approximation) | €63,346 |
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 (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00030909 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- BOGAERS Fabienne Jozefien Martha 10 shares (100%) · €3,000
Capital transactions
- 15-07-2024 Incorporation · €3,000 · 10 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1”“Geheel bevoegdheden bestuurders toegekend met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle handelingen…”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “10, ieder aandeel geeft gelijk recht in winstverdeling en vereffeningsaldo”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 15-07-2024 (in Dutch)
Network & group
FlexForward shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FlexForward. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
15-07
Gazette deed
IncorporationStarting capital €3,000 · Appointment: BOGAERS Fabienne Jozefien Martha (director) · Founder9 points ▸
- Incorporation, “FlexForward” (deed in Dutch)
- Founder, BOGAERS Fabienne Jozefien Martha
- Founding capital, €3,000
- Bank account, EUR, “bijzondere rekening geopend namens vennootschap in oprichting” (deed in Dutch)
- Registered office clause, “2861 Sint-Katelijne-Waver (Onze-Lieve-Vrouw-Waver), Hoogstraat 7” (deed in Dutch)
- Board rule, 1
- Director appointment, BOGAERS Fabienne Jozefien Martha (director (not named in the articles))
- Other provision, “geen strafrechtelijk of burgerrechtelijk bestuursverbod om persoonlijk of via tussenpersoon onderneming uit te baten of functie van bestuurder,commissaris of za…” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
16 activities
- Overige zakelijke dienstverlening.
- Het begeleiden en ondersteunen van ondernemingen bij hun digitale transformatie in de ruimste betekenis;
- Het lanceren van nieuwe product- en ontwikkelingsprojecten;
- Het uitvoeren van marketing-enquêtes,promotionele en verkoopacties alsmede het creëren,lanceren,begeleiden van nieuwe markten voor ondernemingen;
- In het algemeen : het uitoefenen van management en interim-management functies;
- Het verschaffen en verlenen van advies,opleiding en training inzake kerntalentenanalyse,mindfulness,coaching,veerkracht en soortgelijke diensten,dit alles in de ruimste zin en niet limitatief;
- Adviesbureau;
- Het voeren van alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer,uitbreiding,transformatie van een onroerend patrimonium. Zij mag onder meer onroerende goederen aanwerven,laten bouwen,laten opschikken,laten uitrusten,ombouwen,in huur geven of nemen,verkavelen en uitbaten,doch alleen met het oog op het beheer en de opbrengst en dus niet met het oog op de verkoop of wederverkoop;
- Verwerven van intellectuele eigendomsrechten die rechtstreeks of onrechtstreeks verband houden met de hierboven vernoemde activiteiten;
- De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen of ruilen en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming,de uitbating van alle intellectuele rechten en industriële en commerciële eigendommen. De vennootschap zal op alle wijzen belangen kunnen nemen in alle zaken,ondernemingen of vennootschappen met eenzelfde,gelijklopend of aanverwant voorwerp en dat van aard is de ontwikkeling van haar onderneming te bevorderen of haar klantenbestand uit te breiden.
- De ontwikkeling van residentiële en niet-residentiële bouwprojecten;
- De verhuur en exploitatie van eigen residentieel en niet-residentieel vastgoed;
- De algemene bouw van residentiële,niet-residentiële gebouwen en kantoorgebouwen;
- Managementactiviteiten van holdings: het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere;
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding enz.;
- De handel in eigen onroerend goed en verhuur van onroerend goed.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12027C0140/00B004 | Flanders | 916 m² | 1 · 137 m² | 9.0 m · 1 |