FLEXILIFT
ActiveSummary
The computed 12-month bankruptcy probability of FLEXILIFT is 6.0% (elevated). The 2025 annual accounts show negative equity (-€40,997) and a net result of -€38,575. Equity has been shrinking by about 211% per year since 2023. Its solvency ranks better than 5% of 5,895 sector peers (NACE 49, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-09-2022 Normal situation
- Activity
- Freight transport by road NACE 49410and 3 others
- Establishment unit
- 2.335.510.867 1702 Dilbeek, since 15-09-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 27-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.0%
- Gross margin
- -€11,606
- ▼ 6,892%
- Loss
- €38,575
- ▲ 155%
- Equity
- -€40,997
- ▼ 1,593%
- Total assets
- €37,666
- ▼ 30.5%
- Negative equity on 30-06-2025
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Last filed accounts filed 27 days late; 2 of the last 3 accounts lateFounded in 2022Loss of €38,575, the second in a row (financial year 2025)Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 49, micro). It does better than 5% of them on solvency, 11% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 3 accounts on average 130 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00044330.
Annual accounts 2025 filed on 26-02-2026 PDF all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is a loss of €38,219, larger than the loss of €13,904 in 2024. It is the lowest result since 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Tangible fixed assets | €17,461 | €29,500 | - |
| Intangible fixed assets | €1,110 | - | - |
| Depreciation and write-downs of the year | €3,850 | €11,964 | €11,779 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,850 | €11,964 | €11,779 | ▼ 1.5% |
| Other operating charges640/8 | €696 | €1,774 | €14,834 | ▲ 736% |
| Gross operating margin9900 | €22,004 | -€166 | -€11,606 | ▼ 6,892% |
| Operating profit (loss)9901 | €17,458 | -€13,904 | -€38,219 | ▼ 175% |
| Financial charges65/66B | €41 | €223 | €356 | ▲ 59.6% |
| Recurring financial charges65 | €41 | €223 | €356 | ▲ 59.6% |
| Profit (loss) for the period before taxes9903 | €17,417 | -€14,127 | -€38,575 | ▼ 173% |
| Income taxes67/77 | €2,700 | €1,012 | - | - |
| Profit (loss) for the period9904 | €14,717 | -€15,139 | -€38,575 | ▼ 155% |
| Profit (loss) for the period to be appropriated9905 | €14,717 | -€15,139 | -€38,575 | ▼ 155% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €48,453 | €54,181 | €37,666 | ▼ 30.5% |
| Fixed assets21/28 | €14,721 | €32,257 | €20,478 | ▼ 36.5% |
| Intangible fixed assets21 | €185 | - | - | - |
| Tangible fixed assets22/27 | €14,536 | €32,257 | €20,478 | ▼ 36.5% |
| Plant, machinery and equipment23 | €371 | €218 | €64 | ▼ 70.6% |
| Furniture and vehicles24 | €14,165 | €32,039 | €20,414 | ▼ 36.3% |
| Current assets29/58 | €33,732 | €21,924 | €17,188 | ▼ 21.6% |
| Amounts receivable within one year40/41 | €30,013 | €20,336 | €13,687 | ▼ 32.7% |
| Trade receivables40 | €30,013 | €20,336 | €9,048 | ▼ 55.5% |
| Other amounts receivable41 | - | - | €4,639 | - |
| Cash at bank and in hand54/58 | €3,719 | €1,588 | €3,501 | ▲ 120% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €48,453 | €54,181 | €37,666 | ▼ 30.5% |
| Equity10/15 | €12,717 | -€2,422 | -€40,997 | ▼ 1,593% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Capital10 | €2,000 | €2,000 | €2,000 | = |
| Issued capital100 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €10,200 | €10,200 | €10,200 | = |
| Non-distributable reserves130/1 | €200 | €200 | €200 | = |
| Legal reserve130 | €200 | €200 | €200 | = |
| Distributable reserves133 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €517 | -€14,622 | -€53,197 | ▼ 264% |
| Amounts payable17/49 | €35,736 | €56,603 | €78,663 | ▲ 39.0% |
| Amounts payable within one year42/48 | €35,736 | €56,603 | €78,663 | ▲ 39.0% |
| Trade debts44 | - | €32,554 | €48,758 | ▲ 49.8% |
| Suppliers440/4 | - | €32,554 | €48,758 | ▲ 49.8% |
| Taxes, remuneration and social security45 | €14,582 | €6,194 | €12,110 | ▲ 95.5% |
| Taxes450/3 | €8,639 | €2,398 | €480 | ▼ 80.0% |
| Remuneration and social security454/9 | €5,943 | €3,796 | €11,630 | ▲ 206% |
| Other amounts payable47/48 | €21,154 | €17,855 | €17,795 | ▼ 0.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,717 | -€15,139 | -€38,575 | ▼ 155% |
| + Depreciation and write-downs630 | €3,850 | €11,964 | €11,779 | ▼ 1.5% |
| Operating cash flow (approximation) | €18,567 | -€3,175 | -€26,796 | ▼ 744% |
| Investment in fixed assets (approximation) | - | -€29,500 | €0 | - |
| Change in cash | - | -€2,131 | €1,913 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as FLEXILIFT has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FLEXILIFT itself: 6.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for FLEXILIFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SCHOLLIERS Jérémy Christian Lucien 100 shares (100%) · €2,000
Capital transactions
- 19-09-2022 Incorporation · €2,000 · 100 shares
Network & group
FLEXILIFT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FLEXILIFT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-09
Gazette deed
IncorporationStarting capital €2,000 · Appointment: SCHOLLIERS Jérémy Christian Lucien (director) · Founder7 points ▸
- Incorporation, 15-09-2022
- Founder, SCHOLLIERS Jérémy Christian Lucien
- Founding capital, €2,000
- Bank account, 2000, EUR
- Registered office clause, “Vlaams Gewest, 1702 Dilbeek (Groot-Bijgaarden),Kievitenlaan 16” (deed in Dutch)
- Board rule, 1
- Director appointment, SCHOLLIERS Jérémy Christian Lucien (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23026B0173/00F011 | Flanders | 198 m² | 1 · 59 m² | 11.2 m · 3 |