Equity
€1.7m ▼ 21.0%
FLEXINOX paid out €928,115 in dividends. That is 165% of the 2025 profit.
FLEXINOX
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1994peak €2.9m (2023)
€1.7m▲ 10.8%
peak €1.3m (2022)
€562,309▲ 55.1%
peak €2.1m (2022)
€1.7m▼ 21.0%
€1.8m▲ 54.6%
peak 15.8 FTE (2014)
11.3 FTE▼ 12.4%
Board4 names since 2020
1 director
Owners3 names in the annual accounts
100%
Documentsfilings and deeds
15-12-202547 days before the deadline
2025abbreviated format
Result from €362,650 to €562,309Staff from 12.9 FTE to 11.3 FTEPermanent representative: 27-05Dividend €928,115Equity from €2.1m to €1.7mDebts from €1.2m to €1.8m
Key points
from the 2025 annual accountsResult
€562,309 ▲ 55.1%
The result rose in 2025 from €362,650 to €562,309.
Debts
€1.8m ▲ 54.6%
Debts rose by €647,092 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Staff
11.3 FTE from 15.8 in 2014
Between 2014 and 2025, 28% of the full-time equivalents disappeared.
Filings
32 annual accounts since 1994
The last five annual accounts were filed 10 to 70 days before the end of the period.
Position in the sector
€562,309
Higher net result than 93% of companies in wholesale trade. Sector median €38,114 · 10,723 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as FLEXINOX has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
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.
| 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 20,124 companies, not a prediction for FLEXINOX. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, , since 25-03-2021
- 100%equity €5.4m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450389707
Permanent representative:
Gazette deed
1 director appointed, 2 resignations
Resignations: (managing director) and · Permanent representatives: and · Appointment: (sole director) · General meeting of 25-03-2021 · Gazette deed
2 directors appointed, 1 resignation, 1 reappointment
Resignation: (managing director) · Appointments: and (managing director) · Permanent representatives: and · General meeting of 16-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLEXINOX Oudenaarde | €3.5m | €1.7m | 47.5% | 11.3 |
| MARK BELGIUM Antwerp | €3.2m | €2.4m | 46.8% | 13.3 |
| BRIOVAL Uccle | €2.3m | €1.4m | 37.1% | 16.2 |
| L.T.I. Ninove | €4.6m | €1.3m | 40.7% | 17.3 |
| THOEN Beveren-Kruibeke-Zwijndrecht | €4.7m | €1.1m | 93.5% | 6.6 |
| DE MEYER Lierde | €4.3m | €1.1m | 80.4% | 5.7 |
| CLIMAPAC Nazareth-De Pinte | €2.6m | €1.2m | 43.2% | 7.8 |
These companies have the same main activity as FLEXINOX: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €2.3m and €4.7m, founded between 1986 and 2002.
Official details
Source: KBO- Status
- Active since 05-07-1993Normal situation
- Activity
- Wholesale tradeNACE 46842and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.04Metal trade · annual accounts 30-06-2025
- Establishment unit
- 2.062.828.9229700 Oudenaarde, since 08-10-1997
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- ≈ €7.3mestimated
- €3.5m▲ 6.3%
- Employeeson 30-06-2025
- 9▼ 30.8%
- Filing
- Filed on 15-12-2025, 47 days before the end of the filing period
Insights on FLEXINOX
FLEXINOX files the abbreviated format. That format states no turnover. The gross margin rose from €775,448 in 2007 to €1.7m in 2025.
holds all the shares.
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 FLEXINOX
- What is the company number of FLEXINOX?
- The company number of FLEXINOX is 0450.389.707. The VAT number is the same number with BE in front: BE 0450.389.707.
- Where is FLEXINOX based?
- The registered office is at Industriepark "De Bruwaan" 17, 9700 Oudenaarde.Company details
- What does FLEXINOX do?
- According to the KBO register, the main activity is wholesale trade (NACE 46842).
- What is the legal form of FLEXINOX?
- FLEXINOX is a public limited company (NV).
- When was FLEXINOX founded?
- FLEXINOX was founded on 05-07-1993.
- Is FLEXINOX still active?
- Yes, FLEXINOX is an active enterprise in the KBO register.
- How many employees does FLEXINOX have?
- FLEXINOX had an average of 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FLEXINOX fall under?
- In its 30-06-2025 annual accounts, FLEXINOX states joint committees 200 (Auxiliary committee for white-collar workers) and 149.04 (Metal trade).
- What is the turnover of FLEXINOX?
- The turnover in financial year 2025 is ≈ €7.3m. This figure is estimated from the gross margin of €1.7m and 98 comparable companies (NACE 46). It probably lies between €4.4m and €12.0m.
- Is FLEXINOX profitable?
- In financial year 2025, FLEXINOX made a profit of €562,309.
- Where can I find the annual accounts of FLEXINOX?
- FLEXINOX filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLEXINOX due?
- FLEXINOX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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