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FLEXIBELT

Active
Private limited companyfounded 2010active for 16 yearsKarel Van Miertstraat 4, 3070 Kortenberg, BelgiumKBO/BCE: BE 0826.710.313
Summary

FLEXIBELT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252,199 and a net result of €116,465. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 31% of 597 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 17-06-2010 Normal situation
Registered office
25 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Repair and maintenance of machinery NACE 33120and 5 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2022
Establishment unit
2.189.521.117 3070 Kortenberg, since 17-06-2010
Financial year end
31 December
Peppol
Reachable since 01-11-2025

Board and ownership

Board
  • Moors ConsultingDirector · since 10-10-2018 · permanent representative Dominique Moors
  • Geert LensDirector · since 01-01-2020
Shareholders
  • Geert Lensannual accounts 2023
  • Dominique Moorsannual accounts 2023
  • Annelies Debuystannual accounts 2023

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€360,923
▼ 17.2%
Turnover
≈ €850,000
estimated
Profit
€116,465
▼ 43.3%
Equity
€252,199
=
Total assets
€981,553
▼ 20.0%
Employees on 31-12-2025
2
=
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFigures for financial year 2025 (filed on 02-09-2026)Liquidity: current ratio 1.27, cash €231,047Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 44% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Strong
Solvency 51+5
equity 25.7% of total assets
Liquidity 57-13
short-term debt 46.1% · cash 23.5%
Profitability 84-6
return on assets 11.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,393 companies, NACE 33, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +2.5 percentage points vs 07-2025highest value 09-2025: 1.9%▼ -1.1 percentage points vs 08-2025 10-2025: 1.8%▼ -0.1 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.9%▲ +0.1 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 0.3%▼ -1.6 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.2 percentage points vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%▼ -0.5 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (1.21 in 2024), below the usual 1.5. Short-term debt is 46.1% and cash 23.5% of total assets. 74.3% of the assets are financed with debt and provisions.
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 33, micro). It does better than 29% of them on solvency, 54% on liquidity, 59% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 02-09-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.27, cash €231,047
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
8 days early
2022
17 days early
2021
2 days early
2020
on the day
2019
81 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 2nd largest company by total assets in Kortenberg, Manufacturing sectorin the Checked rankings No. 2 View
  • Caution: Result fell in 2025from €205,488 to €116,465 ▼ 43.3% View
  • Positive: 8 profitable years in a rowprofit 2025: €116,465 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Nossegem to KortenbergPermanent representative: Geert Lens
  2. · Gazette deed Changes of role: Geert Lens (director) and Moors Consulting (director)Permanent representatives: Geert Lens and Dominique Moors
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as FLEXIBELT: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €864,000 and €1.6m, founded between 2008 and 2014.

CompanyTotal assetsGross margin
FLEXIBELT Kortenberg€1.0m€0.4m
OP DE BEECK HYDRAULICS Begijnendijk€0.9m€0.4m
LISCO Keerbergen€1.1m€0.4m
DE WEERDT Rijkevorsel€1.0m€0.3m
BTP PARTNERS Huy€1.4m€0.6m
Stessens Landbouwmachines Retie€1.6m€0.3m
SOLLERTEC Ieper€1.6m€0.3m
Full comparison

Key facts about FLEXIBELT

What is the company number of FLEXIBELT?
The company number of FLEXIBELT is 0826.710.313. The VAT number is the same number with BE in front: BE 0826.710.313.
Where is FLEXIBELT based?
The registered office is at Karel Van Miertstraat 4, 3070 Kortenberg.Company details
What does FLEXIBELT do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of FLEXIBELT?
The legal form of FLEXIBELT is Private limited company (BV).
When was FLEXIBELT founded?
FLEXIBELT was founded on 17-06-2010.
Is FLEXIBELT still active?
Yes, FLEXIBELT is an active enterprise in the KBO register.
How many employees does FLEXIBELT have?
FLEXIBELT had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FLEXIBELT fall under?
In its 2022 annual accounts, FLEXIBELT states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of FLEXIBELT?
The turnover in financial year 2025 is ≈ €850,000. This figure is estimated from the gross margin of €360,923 and 2,281 comparable companies of the same size. It probably lies between €510,000 and €1.4m. It is a rough estimate.
Is FLEXIBELT profitable?
In financial year 2025, FLEXIBELT made a profit of €116,465.
Where can I find the annual accounts of FLEXIBELT?
FLEXIBELT filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEXIBELT due?
FLEXIBELT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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