FLEXIBEL
ActiveFLEXIBEL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €3k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-34
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 19.21 against 16.76 in 2024), and 5.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.8%
Return on assets
2.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
11 d late
2023
27 d late
2022
28 d late
2021
26 d late
2020
30 d late
2019
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€115k▲ 2.8%
2024 · €112k
2018: €41k
2019: €47k
2020: €69k
2021: €73k
2022: €86k
2023: €101k
2024: €112k
2018 → 2025
Total assets
€121k▲ 1.9%
2024 · €119k
2018: €99k
2019: €111k
2020: €123k
2021: €112k
2022: €125k
2023: €117k
2024: €119k
2018 → 2025
Net result
€3k▼ 70.6%
2024 · €11k
2018: €13k
2019: €6k
2020: €22k
2021: €3k
2022: €27k
2023: €15k
2024: €11k
2018 → 2025
Working capital
€115k▲ 2.8%
2024 · €112k
2018: €33k
2019: €34k
2020: €60k
2021: €67k
2022: €84k
2023: €101k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€86k▲ 18.2%€101k▲ 17.9%€112k▲ 10.4%€115k▲ 2.8%
Operating result€5k-€28k▲ 499%€15k▼ 47.1%€8k▼ 45.8%€-637
Net result€3k-€27k▲ 679%€15k▼ 43.4%€11k▼ 31.8%€3k▼ 70.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €637 after €8k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €121k
Equity
€115k▲ 2.8%
Debt
€6k▼ 11.1%
The debt ratio falls from 6.0% to 5.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
94.8%▲
2024 · 94.0%
Current ratio
19.21▲
2024 · 16.76
Quick ratio
19.21▲
2024 · 16.76
Debt / equity
0.05▼
2024 · 0.06
ROE
2.7%▼
2024 · 9.4%
ROA
2.6%▼
2024 · 8.8%
Debt
€6k▼
2024 · €7k
Debt ≤ 1 year
€6k▼
2024 · €7k
Income taxes
€886▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€119k€121k▲
Current assets29/58€119k€121k▲
Amounts receivable within one year40/41€106k€109k▲
Trade receivables40€18k€21k▲
Other amounts receivable41€88k€88k▼
Cash at bank and in hand54/58€12k€12k▼
Deferred charges and accrued income490/1€171€181▲
Equity and liabilities
Total equity and liabilities10/49€119k€121k▲
Equity10/15€112k€115k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€104k€107k▲
Amounts payable17/49€7k€6k▼
Amounts payable within one year42/48€7k€6k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Income statement
Code20242025
Other operating charges640/8€158€163▲
Gross operating margin9900€8k€-474▼
Operating profit (loss)9901€8k€-637▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€191€180▼
Recurring financial charges65€191€180▼
Profit (loss) for the period before taxes9903€13k€4k▼
Income taxes67/77€2k€886▼
Profit (loss) for the period9904€11k€3k▼
Profit (loss) for the period to be appropriated9905€11k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€107k▲
Profit (loss) brought forward from the previous period14P€93k€104k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼70.6%
Net result drops to €3k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 16.76
Current ratio from 7.32 to 16.76; short-term debt falls from €16k to €7k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.32
Current ratio from 3.39 to 7.32; short-term debt falls from €35k to €16k.
31-12
Financial
Equity above €100kEq €101k ▲17.9%
6 profitable years in a row build equity to €101k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €27k ▲679%
Operating result €28k, net result €27k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Borreweidestraat 1351502 HalleGround area
676 m²
Building footprint
143 m²
Volume, LiDAR
626 m³
Parcel 23043B0054/00L002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Flexibel
since 20112.199.471.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043B0054/00L002 | Flanders | 676 m² | 1 · 143 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DMC TECHNICS
BE 0644.897.075
Halle · Eq €115k
Gregtechnics
BE 0715.640.066
Kortrijk · Eq €114k
P & F THERMIC
BE 0507.898.928
Aalter · Eq €116k
Grepi Technics
BE 0898.121.614
Bonheiden · Eq €114k
JONTRA
BE 0660.716.389
Aalter · Eq €114k
Of 1,120 companies in sector 43212 we hold annual accounts for 418. 350 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2011
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43230Insulation installation
43291Specialised construction activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.