Flexidak
ActiveThe computed 12-month bankruptcy probability of Flexidak is 1.7% (moderate). The 2025 annual accounts show equity of €717k and a net result of €386k. Equity is growing by ~83.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 7684 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▲+24
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.47 in 2024), but 54.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
45.5%
Return on assets
24.5%
Age of the figures
8 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
1 d late
2022
30 d late
2021
6 d early
2020
30 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€717k▲ 59.0%
2024 · €451k
2020: €25k
2021: €76k
2022: €134k
2023: €296k
2024: €451k
2020 → 2025
Total assets
€1.57M▲ 17.2%
2024 · €1.34M
2020: €412k
2021: €480k
2022: €695k
2023: €976k
2024: €1.34M
2020 → 2025
Net result
€386k▲ 149%
2024 · €155k
2020: €15k
2021: €52k
2022: €58k
2023: €312k
2024: €155k
2020 → 2025
Working capital
€629k▲ 70.2%
2024 · €369k
2020: €86k
2021: €131k
2022: €141k
2023: €235k
2024: €369k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€134k▲ 75.3%€296k▲ 121%€451k▲ 52.4%€717k▲ 59.0%
Operating result€69k-€72k▲ 4.8%€363k▲ 403%€221k▼ 39.0%€470k▲ 113%
Net result€52k-€58k▲ 11.0%€312k▲ 442%€155k▼ 50.3%€386k▲ 149%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 113% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€195k▲ 3.2%
Current assets
€1.38M▲ 19.5%
Equity and liabilities €1.57M
Equity
€717k▲ 59.0%
Debt
€858k▼ 3.9%
The debt ratio falls from 66.4% to 54.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€526k▲
2024 · €285k
Cash flow
€442k▲
2024 · €218k
Solvency
45.5%▲
2024 · 33.6%
Current ratio
1.84▲
2024 · 1.47
Quick ratio
1.33▼
2024 · 1.41
Debt / equity
1.20▼
2024 · 1.98
ROE
53.8%▲
2024 · 34.4%
ROA
24.5%▲
2024 · 11.5%
Interest coverage
14.62▲
2024 · 9.63
Debt
€858k▼
2024 · €893k
Debt ≤ 1 year
€751k▼
2024 · €785k
Debt > 1 year
€100k=
2024 · €100k
Income taxes
€94k▲
2024 · €55k
Staff costs
€655k▲
2024 · €457k
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€1.34M€1.57M▲
Fixed assets21/28€189k€195k▲
Intangible fixed assets21€142€0▼
Tangible fixed assets22/27€187k€191k▲
Plant, machinery and equipment23€36k€26k▼
Furniture and vehicles24€151k€166k▲
Financial fixed assets28€2k€4k▲
Current assets29/58€1.15M€1.38M▲
Stocks and contracts in progress3€45k€380k▲
Stocks30/36€30k€130k▲
Contracts in progress37€15k€250k▲
Amounts receivable within one year40/41€891k€728k▼
Trade receivables40€770k€617k▼
Other amounts receivable41€121k€111k▼
Cash at bank and in hand54/58€177k€247k▲
Deferred charges and accrued income490/1€42k€25k▼
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.57M▲
Equity10/15€451k€717k▲
Contributions10/11€10k€10k=
Reserves13€435k€700k▲
Distributable reserves133€435k€700k▲
Profit (loss) carried forward14€6k€7k▲
Amounts payable17/49€893k€858k▼
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€785k€751k▼
Current portion of amounts payable after more than one year42€5k€0▼
Financial debts43€0€75k▲
Credit institutions430/8€0€75k▲
Trade debts44€646k€374k▼
Suppliers440/4€646k€374k▼
Taxes, remuneration and social security45€58k€102k▲
Taxes450/3€35k€56k▲
Remuneration and social security454/9€23k€46k▲
Other amounts payable47/48€76k€200k▲
Accrued charges and deferred income492/3€7k€7k▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€457k€655k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€56k▼
Other operating charges640/8€21k€11k▼
Gross operating margin9900€763k€1.19M▲
Operating profit (loss)9901€221k€470k▲
Financial income75/76B€18k€46k▲
Recurring financial income75€18k€46k▲
Financial charges65/66B€30k€36k▲
Recurring financial charges65€30k€36k▲
Profit (loss) for the period before taxes9903€210k€480k▲
Income taxes67/77€55k€94k▲
Profit (loss) for the period9904€155k€386k▲
Profit (loss) for the period to be appropriated9905€155k€386k▲
Appropriation of the result
Profit (loss) to be appropriated9906€156k€392k▲
Profit (loss) brought forward from the previous period14P€885€6k▲
Transfer to equity691/2€150k€265k▲
To other reserves6921€150k€265k▲
Profit to be distributed694/7€0€120k▲
Directors or managers695€0€120k▲
Social balance
Average headcount (FTE)90877.79.7▲
The notes to these accounts (23 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2020net €386k ▲149%
Operating result €470k, net result €386k, both a record.
31-12
Financial
Equity above €500kEq €717k ▲59%
6 profitable years in a row build equity to €717k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
31-12
Financial
Equity above €200kEq €296k ▲121%
4 profitable years in a row build equity to €296k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €134k ▲75.3%
3 profitable years in a row build equity to €134k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
VOF Resar
CurrentDirector · since 28-12-2023 · Legal entity
28-12-2023
VOF Resar: Appointed as Director
28-12-2023
Bjorn Leduc: Resigned as Director
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2020
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.
Kortrijkstraat(Z) 148550 ZwevegemGround area
860 m²
Building footprint
132 m²
Volume, LiDAR
930 m³
Parcel 34042A0265/00T000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Flexidak
since 20202.297.642.859
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0265/00T000 | Flanders | 860 m² | 1 · 132 m² | 11.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 749 EUR awarded · 749 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 749 EUR | 749 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesFlexidak BV42229
Similar companies · same sector, comparable size
TOITURES PANO
BE 0463.564.681
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Alain DONNAY
BE 0460.969.140
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Gillijns DT
BE 0787.374.932
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IRC DAKTECHNIEK
BE 0452.186.383
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ARAGUEZ José
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Of 8,483 companies in sector 43410 we hold annual accounts for 4,308. 2,439 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2020
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.