FLEXIBLE SOLUTIONS
ActiveSummary
FLEXIBLE SOLUTIONS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €35,280 and a net result of €61,649. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 27% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency54▼-2
Growth68=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.81 in 2023; short-term debt: 70.6% and cash: 14.2% of total assets), and 70.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.4%
Return on assets
51.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
58 d early
2022
33 d early
2021
55 d early
2020
54 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€35,280=
2023 · €35,280
Total assets
€119,936▲ 6.2%
2023 · €112,885
Net result
€61,649▼ 38.9%
2023 · €100,940
Working capital
-€34,640▼ 155%
2023 · -€13,569
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€105,822▲ 3.5%€109,210▲ 3.2%€112,219▲ 2.8%€132,757▲ 18.3%€106,486▼ 19.8%
Net result€75,142above the sector's middle half▼ 5.4%€85,708above the sector's middle half▲ 14.1%€86,814above the sector's middle half▲ 1.3%€100,940above the sector's middle half▲ 16.3%€61,649within the sector's middle half▼ 38.9%
Equity€35,280within the sector's middle half=€35,280within the sector's middle half=€35,280within the sector's middle half=€35,280within the sector's middle half=€35,280within the sector's middle half=
Total assets€125,746within the sector's middle half▲ 57.4%€124,931within the sector's middle half▼ 0.6%€187,877within the sector's middle half▲ 50.4%€112,885within the sector's middle half▼ 39.9%€119,936within the sector's middle half▲ 6.2%
Debt€90,466▲ 103%€89,651▼ 0.9%€152,597▲ 70.2%€77,605▼ 49.1%€84,656▲ 9.1%
Working capital-€10,258▼ 49.5%-€8,429▲ 17.8%-€19,592▼ 132%-€13,569▲ 30.7%-€34,640▼ 155%
Solvency28.1%within the sector's middle half▼ 16.1pp28.2%within the sector's middle half▲ 0.2pp18.8%below the sector's middle half▼ 9.5pp31.3%within the sector's middle half▲ 12.5pp29.4%within the sector's middle half▼ 1.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119,936
Fixed assets
€69,920 ▲ 26.1%
Current assets
€50,016 ▼ 12.9%
Equity and liabilities €119,936
Equity
€35,280 =
Debt
€84,656 ▲ 9.1%
Debt's share of the balance-sheet total rises from 68.7% to 70.6%. Debt is higher.
Key figures and ratios
EBITDA
€128,131▼
2023 · €152,266
Cash flow
€83,294▼
2023 · €120,449
Current ratio
0.59▼
2023 · 0.81
Debt to equity
2.40▲
2023 · 2.20
ROE
174.7%▼
2023 · 286.1%
ROA
51.4%▼
2023 · 89.4%
Interest coverage
28.82▼
2023 · 56.66
Debt ≤ 1 year
€84,656▲
2023 · €71,003
Debt > 1 year
€0▼
2023 · €6,602
Income taxes
€40,391▲
2023 · €29,130
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €390 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,851 | €13,753 | €15,695 | €19,509 | €21,645 | ▲ 10.9% |
| Other operating charges640/8 | - | €6,439 | €5,211 | €7,576 | €10,624 | ▲ 40.2% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €121,045 | €129,402 | €133,125 | €159,842 | €138,755 | ▼ 13.2% |
| Operating profit (loss)9901 | €105,822 | €109,210 | €112,219 | €132,757 | €106,486 | ▼ 19.8% |
| Financial income75/76B | - | €30 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €30 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €633 | €1,736 | €2,688 | €4,446 | ▲ 65.4% |
| Recurring financial charges65 | €373 | €633 | €1,736 | €2,688 | €4,446 | ▲ 65.4% |
| Profit (loss) for the period before taxes9903 | €105,450 | €108,607 | €110,483 | €130,070 | €102,040 | ▼ 21.5% |
| Income taxes67/77 | €30,308 | €22,899 | €23,670 | €29,130 | €40,391 | ▲ 38.7% |
| Profit (loss) for the period9904 | €75,142 | €85,708 | €86,814 | €100,940 | €61,649 | ▼ 38.9% |
| Profit (loss) for the period to be appropriated9905 | €75,142 | €85,708 | €86,814 | €100,940 | €61,649 | ▼ 38.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,746 | €124,931 | €187,877 | €112,885 | €119,936 | ▲ 6.2% |
| Fixed assets21/28 | €73,229 | €64,457 | €68,591 | €55,451 | €69,920 | ▲ 26.1% |
| Tangible fixed assets22/27 | €72,629 | €63,857 | €67,991 | €54,851 | €69,320 | ▲ 26.4% |
| Land and buildings22 | - | - | - | - | €23,033 | - |
| Plant, machinery and equipment23 | - | €13,450 | €11,315 | €9,179 | €7,044 | ▼ 23.3% |
| Furniture and vehicles24 | - | €50,407 | €56,676 | €39,800 | €34,009 | ▼ 14.6% |
| Other tangible fixed assets26 | - | - | - | €5,872 | €5,235 | ▼ 10.8% |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €52,517 | €60,473 | €119,286 | €57,434 | €50,016 | ▼ 12.9% |
| Amounts receivable within one year40/41 | - | €33,334 | €84,686 | €7,316 | €32,988 | ▲ 351% |
| Trade receivables40 | - | - | - | - | €568 | - |
| Other amounts receivable41 | - | €33,334 | €84,686 | €7,316 | €32,419 | ▲ 343% |
| Cash at bank and in hand54/58 | €52,517 | €27,139 | €34,600 | €50,117 | €17,028 | ▼ 66.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,746 | €124,931 | €187,877 | €112,885 | €119,936 | ▲ 6.2% |
| Equity10/15 | €35,280 | €35,280 | €35,280 | €35,280 | €35,280 | = |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €16,680 | €16,680 | €16,680 | €16,680 | €16,680 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €14,820 | €14,820 | €16,680 | €16,680 | = |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €90,466 | €89,651 | €152,597 | €77,605 | €84,656 | ▲ 9.1% |
| Amounts payable after more than one year17 | €27,691 | €20,749 | €13,719 | €6,602 | €0 | ▼ 100% |
| Financial debts170/4 | - | €20,749 | €13,719 | €6,602 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €62,775 | €68,902 | €138,878 | €71,003 | €84,656 | ▲ 19.2% |
| Current portion of amounts payable after more than one year42 | - | €6,943 | €15,430 | €13,896 | €26,749 | ▲ 92.5% |
| Financial debts43 | - | - | - | - | €11,518 | - |
| Credit institutions430/8 | - | - | - | - | €11,518 | - |
| Trade debts44 | €15,959 | €20,541 | €22,765 | €4,760 | €14,266 | ▲ 200% |
| Suppliers440/4 | - | €20,541 | €22,765 | €4,760 | €14,266 | ▲ 200% |
| Taxes, remuneration and social security45 | - | €41,418 | €13,870 | €52,347 | €32,124 | ▼ 38.6% |
| Taxes450/3 | - | €41,418 | €13,870 | €52,347 | €32,124 | ▼ 38.6% |
| Other amounts payable47/48 | - | €0 | €86,814 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,142 | €85,708 | €86,814 | €100,940 | €61,649 | ▼ 38.9% |
| + Depreciation and write-downs630 | €5,851 | €13,753 | €15,695 | €19,509 | €21,645 | ▲ 10.9% |
| Operating cash flow (approximation) | €80,993 | €99,461 | €102,509 | €120,449 | €83,294 | ▼ 30.8% |
| Investment in fixed assets (approximation) | - | -€4,981 | -€19,828 | -€6,369 | -€36,114 | ▼ 467% |
| Change in cash | - | -€25,378 | €7,461 | €15,517 | -€33,090 | ▼ 313% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €100,940 ▲16.3%
Operating result €132,757, net result €100,940, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Laakdal · 1 establishment unit since 2000
Ground area
1,221 m²
Building footprint
213 m²
Volume, LiDAR
844 m³
Parcel 13007B0101/00M000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapelleberg 11, 2430 Laakdal
since 20002.115.865.750
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13007B0101/00M000 | Flanders | 1,221 m² | 1 · 213 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 35,733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471997050
Registered
29-07-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.