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FLEXide Energy

Active
Private limited companyfounded 201610 yrs activeRue Pierre-Thomas 4, 6600 Bastogne, BelgiumKBO/BCE: BE 0656.509.163

FLEXide Energy has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €3k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
68 / 100
Healthy▼ -32 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-35
Solvency54▼-45
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 2.05 in 2024), and 67.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
32.2%
Return on assets
1.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
1 d early
2024
17 d late
2023
on the day
2022
on the day
2021
6 d early
2020
1 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€0
Total assets
€228k▼ 20.0%
2024 · €285k
2019: €58k 2020: €58k 2021: €101k 2022: €143k 2023: €186k 2024: €285k
2019 → 2025
Net result
€3k▼ 86.1%
2024 · €18k
2019: €12k 2020: €6k 2021: €-11k 2022: €5k 2023: €14k 2024: €18k
2019 → 2025
Working capital
€24k▼ 78.3%
2024 · €112k
2019: €34k 2020: €37k 2021: €9k 2022: €26k 2023: €5k 2024: €112k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€0
Equity€34k-€39k▲ 14.3%€53k▲ 35.1%€174k▲ 231%€73k▼ 57.9%
Operating result€-10k-€14k€22k▲ 52.8%€28k▲ 29.0%€11k▼ 61.1%
Net result€-11k-€5k€14k▲ 180%€18k▲ 32.8%€3k▼ 86.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20k€30kOperating result 2021: €-10k€-10kNet result 2021: €-11k€-11kOperating result 2022: €14k€14kNet result 2022: €5k€5kOperating result 2023: €22k€22kNet result 2023: €14k€14kOperating result 2024: €28k€28kNet result 2024: €18k€18kOperating result 2025: €11k€11kNet result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets €53k▼ 19.1%
Current assets €175k▼ 20.3%
Equity and liabilities €228k
Equity €73k▼ 57.9%
Debt €155k▲ 39.6%
The debt ratio rises from 38.9% to 67.8%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30k
2024 · €42k
Cash flow
€22k
2024 · €32k
Solvency
32.2%
2024 · 61.1%
Current ratio
1.16
2024 · 2.05
Quick ratio
1.16
2024 · 2.05
Debt / equity
2.11
2024 · 0.64
ROE
3.4%
2024 · 10.4%
ROA
1.1%
2024 · 6.4%
Interest coverage
5.06
2024 · 13.12
Debt
€155k
2024 · €111k
Debt ≤ 1 year
€150k
2024 · €107k
Income taxes
€3k
2024 · €7k
Staff costs
€100k
2024 · €87k
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€285k€228k
Fixed assets21/28€66k€53k
Intangible fixed assets21€5k€16k
Tangible fixed assets22/27€58k€35k
Plant, machinery and equipment23€9k€10k
Furniture and vehicles24€49k€24k
Financial fixed assets28€3k€3k=
Current assets29/58€219k€175k
Amounts receivable within one year40/41€109k€69k
Trade receivables40€109k€61k
Other amounts receivable41-€9k
Cash at bank and in hand54/58€110k€105k
Deferred charges and accrued income490/1€122€622
Equity and liabilities
Total equity and liabilities10/49€285k€228k
Equity10/15€174k€73k
Contributions10/11€19k€19k=
Reserves13€33k€33k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€19k€22k
Investment grants15€103k-
Amounts payable17/49€111k€155k
Amounts payable after more than one year17€685-
Financial debts170/4€685-
Amounts payable within one year42/48€107k€150k
Current portion of amounts payable after more than one year42€3k€685
Financial debts43-€25k
Credit institutions430/8-€25k
Trade debts44€41k€12k
Suppliers440/4€41k€12k
Taxes, remuneration and social security45€35k€32k
Taxes450/3€18k€11k
Remuneration and social security454/9€16k€22k
Other amounts payable47/48€28k€81k
Accrued charges and deferred income492/3€3k€4k
Income statement Code20242025
Remuneration, social security and pensions62€87k€100k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€10k
Other operating charges640/8€200€12k
Gross operating margin9900€129k€152k
Operating profit (loss)9901€28k€11k
Financial income75/76B€174€504
Recurring financial income75€174€504
Financial charges65/66B€3k€6k
Recurring financial charges65€3k€6k
Profit (loss) for the period before taxes9903€25k€5k
Income taxes67/77€7k€3k
Profit (loss) for the period9904€18k€3k
Profit (loss) for the period to be appropriated9905€18k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€22k
Profit (loss) brought forward from the previous period14P€1k€19k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
30-06
Financial Highest result since 2019net €18k ▲32.8%
Operating result €28k, net result €18k, both a record.
30-06
Financial Equity above €150kEq €174k ▲231%
3 profitable years in a row build equity to €174k.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-11k ▼291%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
30-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Bastogne · 2 establishment units since 2016
establishment All 2 establishment units on the map
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.

Rue Pierre-Thomas 46600 Bastogne
Ground area
7,076 m²
Building footprint
4,178 m²
Volume, LiDAR
77,121 m³
2 parcels, Wallonia · tallest building 29.5 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Rue Pierre-Thomas 4, 6600 Bastogne
Retail trade
since 20162.255.380.652
Quai Banning 6, 4000 Liège
Retail trade
since 20172.261.166.802
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0447/00E000 Wallonia 6,847 m² 1 · 4,033 m² 29.5 m · 7 fl.
82003E0197/02A000 Wallonia 229 m² 1 · 145 m² 18.4 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

European Union, budget

2023 · 2 entries · 225,297 EUR in total
Year Entries awarded
2023 2 225,297 EUR
Projects
101123556 - WEFORMING - BUILDINGS AS EFFICIENT INTEROPERABLE FORMERS OF CLEAN ENERGY ECOSYSTEMS
1.0.11 - Horizon Europe · 01-10-2023 to 30-09-2026 · 168,973 EUR
101123556 - WEFORMING - BUILDINGS AS EFFICIENT INTEROPERABLE FORMERS OF CLEAN ENERGY ECOSYSTEMS
1.0.11 - Horizon Europe · 01-10-2023 to 30-09-2026 · 56,324 EUR

European research

1 project · 225,300 EUR EU contribution
Programmes
HORIZON
1 entry · 225,300 EUR
Projects
Buildings as Efficient Interoperable Formers of Clean Energy Ecosystems
HORIZON · participant · 01-10-2023 to 30-09-2026 · 225,300 EUR · WeForming

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 39,689 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
72109Other research and development on natural sciences
47400Retail sale of information and communication equipment
47410Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.