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FLEXIMMO

Active Private limited companyfounded 2003active for 23 yearsRijselsestraat 8, 8500 KortrijkKBO/BCE: BE 0479.213.058

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2003
peak €278,877 (2012)
€72,748▲ 16.1%
lowest -€70,294 (2017)
€21,666▲ €61,318
peak €298,092 (2020)
€234,002▲ 10.2%
€280,669▲ 88.9%
peak 3.6 FTE (2007)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
05-12-2025127 days late
2024micro format
Gross margin from €62,677 to €72,748Back to profit: €21,666Resignation: (director) 19-04Debts from €148,545 to €280,669Investments €43,668Cash from €26,782 to €161,910

Key points

from the 2024 annual accounts

Result

€21,666 €21,666
-€39,7002023€21,7002024

Back in profit in 2024, after a loss of €39,652 in 2023.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Debts

€280,669 ▲ 88.9%
Other debts
+187,588
Suppliers
+32,994
The rest
-88,458

Debts rose by €132,124 in 2024.

Investments

€125,471 20.2 × depreciation
202220232024

Green is investment, beige is depreciation. Land and buildings stand 80.2% higher than in 2023.

Staff

1 employees on 31-12-2024
012022012024

In 2024, nobody joined and 1 person left.

Filings

22 annual accounts 104 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as FLEXIMMO has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 17,035 companies, not a prediction for FLEXIMMO. 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.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479213058
Appointment: (director) General meeting of 13-03-2025 · Gazette deed
Registered office moved from Kortrijk - Loofstraat to Kortrijk - Rijselsestraat New registered office: 8500 Kortrijk - Rijselsestraat 8 bus 0021 · Previous registered office: 8500 Kortrijk - Loofstraat 18 · General meeting of 16-12-2024 · Gazette deed
Resignation: (director) Reappointment: (director) · General meeting of 27-03-2024 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
FLEXIMMO Kortrijk €514,671 €72,748 45.5% -
I.V.S. Oostkamp €549,967 €68,503 45.6% -
DANNYBEL Ostend €627,654 €78,267 66.2% -
IMMO BOSSUYT Blankenberge €498,313 €76,811 77.6% -
VANDAMM Knokke-Heist €459,515 €83,969 41.5% -
VYVA Vastgoed Koksijde €466,719 €61,748 37.9% -
IMMO DEBACKO Essen €553,326 €70,849 0.4% -

These companies have the same main activity as FLEXIMMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €460,000 and €628,000, founded between 1999 and 2004.

Official details

Source: KBO
Status
Active since 16-01-2003Normal situation
Activity
Real estate agency activitiesNACE 68310
Joint committee
323Building management, estate agents and domestic staff · annual accounts 2024
Establishment unit
2.131.520.5608500 Kortrijk, since 15-07-2003
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2024

€514,671▲ 42.6%
Employeeson 31-12-2024
1▼ 50.0%
Filing
Filed on 05-12-2025
Financials

Insights on FLEXIMMO

FLEXIMMO files the micro format. That format states no turnover. The gross margin fell from €117,571 in 2006 to €72,748 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FLEXIMMO

What is the company number of FLEXIMMO?
The company number of FLEXIMMO is 0479.213.058. The VAT number is the same number with BE in front: BE 0479.213.058.
Where is FLEXIMMO based?
The registered office is at Rijselsestraat 8, 8500 Kortrijk.Company details
What does FLEXIMMO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of FLEXIMMO?
FLEXIMMO is a private limited company (BV).
When was FLEXIMMO founded?
FLEXIMMO was founded on 16-01-2003.
Is FLEXIMMO still active?
Yes, FLEXIMMO is an active enterprise in the KBO register.
How many employees does FLEXIMMO have?
FLEXIMMO had an average of 1.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does FLEXIMMO fall under?
In its 2024 annual accounts, FLEXIMMO states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of FLEXIMMO?
The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €72,748 and 32 comparable companies (NACE 683). It probably lies between €100,000 and €210,000.
Is FLEXIMMO profitable?
In financial year 2024, FLEXIMMO made a profit of €21,666.
Where can I find the annual accounts of FLEXIMMO?
FLEXIMMO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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