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FLEXIPACK

Active
Private limited companyfounded 1993active for 32 yearsGroenstraat 42, 1730 Asse, BelgiumKBO/BCE: BE 0451.616.657
Summary

FLEXIPACK has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,236 and a net result of €936. Equity is growing by about 6.6% per year across the filed financial years. Its solvency ranks better than 65% of 13,668 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale trade
NACE 46493
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€119,236
Profit
€936
Turnover estimated from the gross margin
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 30 days early1 of 2 deeds summarised
Why 94lowers riskFounded in 1993Liquidity: current ratio 2.36, cash €29,006Size: total assets €202,996Equity €119,236 (58.7% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 84-3
equity 58.7% of total assets
Liquidity 48=
short-term debt 41.3% · cash 14.3%
Profitability 69-1
return on assets 0.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.36, compared with 2.48 in 2024, above the usual 1.5; short-term debt: 41.3% and cash: 14.3% of total assets), and 41.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 65% on solvency, 48% on liquidity, 52% on profitability and 44% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.36, cash €29,006
NBB · annual accounts
lowers risk · Size: total assets €202,996
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €119,236 (58.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
30 days early
2023
41 days early
2022
47 days early
2021
34 days early
2020
38 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €936 ▼55.7%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €120,000
Estimated: probably between €71,000 and €510,000
Total assets
€202,996▲ 7.1%
2024 · €189,545
Net result
€936▼ 55.7%
2024 · €2,111
Working capital
€114,276▲ 8.2%
2024 · €105,585
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen three years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,740 2025 Net result€936 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€3,031-€10,699▲ 253%€10,706▲ 0.1%€14,568▲ 36.1%€15,070▲ 3.4%€8,303▼ 44.9%€4,368▼ 47.4%€2,740▼ 37.3%
Net result€1,222-€8,088▲ 562%€7,734within the sector's middle half▼ 4.4%€9,773within the sector's middle half▲ 26.4%€9,511within the sector's middle half▼ 2.7%€4,739within the sector's middle half▼ 50.2%€2,111within the sector's middle half▼ 55.5%€936within the sector's middle half▼ 55.7%
Equity€76,345-€84,433▲ 10.6%€92,167within the sector's middle half▲ 9.2%€101,939within the sector's middle half▲ 10.6%€111,451within the sector's middle half▲ 9.3%€116,189within the sector's middle half▲ 4.3%€118,300within the sector's middle half▲ 1.8%€119,236within the sector's middle half▲ 0.8%
Total assets€157,378-€153,362▼ 2.6%€196,215within the sector's middle half▲ 27.9%€213,407within the sector's middle half▲ 8.8%€217,604within the sector's middle half▲ 2.0%€218,468within the sector's middle half▲ 0.4%€189,545within the sector's middle half▼ 13.2%€202,996within the sector's middle half▲ 7.1%
Debt€81,034-€68,929▼ 14.9%€104,048▲ 50.9%€111,468▲ 7.1%€106,153▼ 4.8%€102,279▼ 3.6%€71,245▼ 30.3%€83,760▲ 17.6%
Working capital€76,345-€84,433▲ 10.6%€92,167within the sector's middle half▲ 9.2%€89,165within the sector's middle half▼ 3.3%€99,402within the sector's middle half▲ 11.5%€104,792within the sector's middle half▲ 5.4%€105,585within the sector's middle half▲ 0.8%€114,276within the sector's middle half▲ 8.2%
Solvency48.5%-55.1%▲ 6.5pp47.0%within the sector's middle half▼ 8.1pp47.8%within the sector's middle half▲ 0.8pp51.2%within the sector's middle half▲ 3.4pp53.2%within the sector's middle half▲ 2.0pp62.4%within the sector's middle half▲ 9.2pp58.7%within the sector's middle half▼ 3.7pp
Current ratio1.94-2.22▲ 0.281.89within the sector's middle half▼ 0.341.92within the sector's middle half▲ 0.032.03within the sector's middle half▲ 0.112.07within the sector's middle half▲ 0.042.48within the sector's middle half▲ 0.412.36within the sector's middle half▼ 0.12
Return on assets (ROA)0.8%-5.3%▲ 4.5pp3.9%within the sector's middle half▼ 1.3pp4.6%within the sector's middle half▲ 0.6pp4.4%within the sector's middle half▼ 0.2pp2.2%within the sector's middle half▼ 2.2pp1.1%within the sector's middle half▼ 1.1pp0.5%within the sector's middle half▼ 0.7pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,996
Fixed assets €4,960 ▼ 61.0%
Current assets €198,035 ▲ 12.0%
Equity and liabilities €202,996
Equity €119,236 ▲ 0.8%
Debt €83,760 ▲ 17.6%
Debt's share of the balance-sheet total rises from 37.6% to 41.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,148▼
2024 · €12,686
Cash flow
€9,344▼
2024 · €10,428
Quick ratio
0.69▼
2024 · 0.76
Debt to equity
0.70▲
2024 · 0.60
ROE
0.8%▼
2024 · 1.8%
Interest coverage
82.16▲
2024 · 46.96
Debt ≤ 1 year
€83,760▲
2024 · €71,245
Income taxes
€1,693▼
2024 · €2,029
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

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

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€189,545€202,996▲
Fixed assets21/28€12,715€4,960▼
Tangible fixed assets22/27€12,715€4,960▼
Plant, machinery and equipment23€195€697▲
Furniture and vehicles24€12,520€4,263▼
Current assets29/58€176,830€198,035▲
Stocks and contracts in progress3€122,722€140,215▲
Stocks30/36€122,722€140,215▲
Amounts receivable within one year40/41€29,193€27,171▼
Trade receivables40€28,722€26,347▼
Other amounts receivable41€471€824▲
Cash at bank and in hand54/58€22,596€29,006▲
Deferred charges and accrued income490/1€2,319€1,644▼
Equity and liabilities
Total equity and liabilities10/49€189,545€202,996▲
Equity10/15€118,300€119,236▲
Contributions10/11€18,600€18,600=
Reserves13€27,993€28,929▲
Distributable reserves133€27,993€28,929▲
Profit (loss) carried forward14€71,707€71,707=
Amounts payable17/49€71,245€83,760▲
Amounts payable within one year42/48€71,245€83,760▲
Current portion of amounts payable after more than one year42€4,265-
Trade debts44€34,854€52,789▲
Suppliers440/4€34,854€52,789▲
Taxes, remuneration and social security45€7,330€5,075▼
Taxes450/3€7,330€5,075▼
Other amounts payable47/48€24,796€25,895▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,318€8,408▲
Other operating charges640/8€1,696€1,570▼
Gross operating margin9900€14,382€12,718▼
Operating profit (loss)9901€4,368€2,740▼
Financial income75/76B€41€25▼
Recurring financial income75€41€25▼
Financial charges65/66B€270€136▼
Recurring financial charges65€270€136▼
Profit (loss) for the period before taxes9903€4,140€2,629▼
Income taxes67/77€2,029€1,693▼
Profit (loss) for the period9904€2,111€936▼
Profit (loss) for the period to be appropriated9905€2,111€936▼
Appropriation of the result
Profit (loss) to be appropriated9906€73,817€72,643▼
Profit (loss) brought forward from the previous period14P€71,707€71,707=
Transfer to equity691/2€2,111€936▼
To other reserves6921€2,111€936▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€100-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272--€1,437€5,700€5,700€8,318€8,408▲ 1.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€432-----
Other operating charges640/8---€1,415€2,551€2,202€1,696€1,570▼ 7.4%
Gross operating margin9900€13,171€12,239€13,093€16,987€23,321€16,205€14,382€12,718▼ 11.6%
Operating profit (loss)9901€3,031€10,699€10,706€14,568€15,070€8,303€4,368€2,740▼ 37.3%
Financial income75/76B---€35€75€2€41€25▼ 40.1%
Recurring financial income75€67€35€235€35€75€2€41€25▼ 40.1%
Financial charges65/66B---€428€627€462€270€136▼ 49.8%
Recurring financial charges65€725€245€260€428€627€462€270€136▼ 49.8%
Profit (loss) for the period before taxes9903€2,373€10,688€10,681€14,176€14,518€7,843€4,140€2,629▼ 36.5%
Income taxes67/77€1,151€2,600€2,947€4,403€5,007€3,104€2,029€1,693▼ 16.5%
Profit (loss) for the period9904€1,222€8,088€7,734€9,773€9,511€4,739€2,111€936▼ 55.7%
Profit (loss) for the period to be appropriated9905€1,222€8,088€7,734€9,773€9,511€4,739€2,111€936▼ 55.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€157,378€153,362€196,215€213,407€217,604€218,468€189,545€202,996▲ 7.1%
Fixed assets21/28---€27,063€21,363€15,663€12,715€4,960▼ 61.0%
Tangible fixed assets22/27---€27,063€21,363€15,663€12,715€4,960▼ 61.0%
Plant, machinery and equipment23------€195€697▲ 257%
Furniture and vehicles24---€27,063€21,363€15,663€12,520€4,263▼ 65.9%
Current assets29/58€157,378€153,362€196,215€186,344€196,241€202,805€176,830€198,035▲ 12.0%
Stocks and contracts in progress3€113,755€112,734€115,496€132,135€134,802€140,919€122,722€140,215▲ 14.3%
Stocks30/36---€132,135€134,802€140,919€122,722€140,215▲ 14.3%
Amounts receivable within one year40/41€35,256€28,226€40,449€32,137€39,730€31,099€29,193€27,171▼ 6.9%
Trade receivables40---€32,137€36,204€27,658€28,722€26,347▼ 8.3%
Other amounts receivable41----€3,526€3,441€471€824▲ 74.9%
Cash at bank and in hand54/58€7,629€10,885€38,238€19,678€20,094€29,056€22,596€29,006▲ 28.4%
Deferred charges and accrued income490/1---€2,393€1,614€1,731€2,319€1,644▼ 29.1%
Equity and liabilities
Total equity and liabilities10/49€157,378€153,362€196,215€213,407€217,604€218,468€189,545€202,996▲ 7.1%
Equity10/15€76,345€84,433€92,167€101,939€111,451€116,189€118,300€119,236▲ 0.8%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€11,633€21,144€25,883€27,993€28,929▲ 3.3%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€9,773€19,284€25,883€27,993€28,929▲ 3.3%
Profit (loss) carried forward14€55,885€63,973€71,707€71,707€71,707€71,707€71,707€71,707=
Amounts payable17/49€81,034€68,929€104,048€111,468€106,153€102,279€71,245€83,760▲ 17.6%
Amounts payable after more than one year17---€14,289€9,315€4,265---
Financial debts170/4---€14,289€9,315€4,265---
Amounts payable within one year42/48€81,034€68,929€104,048€97,179€96,839€98,014€71,245€83,760▲ 17.6%
Current portion of amounts payable after more than one year42---€4,901€4,975€5,049€4,265--
Trade debts44€30,244€21,867€51,753€47,066€46,131€57,513€34,854€52,789▲ 51.5%
Suppliers440/4---€47,066€46,131€57,513€34,854€52,789▲ 51.5%
Advances received on contracts in progress46---€179-----
Taxes, remuneration and social security45---€2,848€9,278€3,916€7,330€5,075▼ 30.8%
Taxes450/3---€2,848€9,278€3,916€7,330€5,075▼ 30.8%
Other amounts payable47/48---€42,184€36,455€31,536€24,796€25,895▲ 4.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,222€8,088€7,734€9,773€9,511€4,739€2,111€936▼ 55.7%
+ Depreciation and write-downs630€272--€1,437€5,700€5,700€8,318€8,408▲ 1.1%
Operating cash flow (approximation)€1,494€8,088€7,734€11,209€15,211€10,439€10,428€9,344▼ 10.4%
Investment in fixed assets (approximation)----€0€0-€5,370-€652▲ 87.9%
Change in cash-€3,256€27,352-€18,559€416€8,962-€6,460€6,410-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 01-07-2026 2026-00250725
31-12-2024 micro format 01-07-2025 2025-00224639
31-12-2023 micro format 20-06-2024 2024-00149820
31-12-2022 micro format 14-06-2023 2023-00125152
31-12-2021 micro format 27-06-2022 2022-20146541
31-12-2020 micro format 23-06-2021 2021-23600524
31-12-2019 micro format 29-06-2020 2020-22700365
31-12-2018 micro format 15-07-2019 2019-32900578
31-12-2017 micro format 04-07-2018 2018-30400592
31-12-2016 micro format 18-07-2017 2017-33400340

Show all 32 filings

Similar companies · same sector, comparable size

Of the 191 active companies whose main activity is wholesale trade (NACE 46493), figures are known for 86. 57 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
VAN DEN BRANDEN Rudy
Director (not named in the articles) · since 08-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VAN DEN BRANDEN Rudy
  • Director, until 08-01-2024
  • Director (not named in the articles), from 08-01-2024 to date
VAN DEN BRANDEN Albert
  • Director, until 08-01-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 08-01-2024 Converted to unavailable equity

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

FLEXIPACK was incorporated on 28 December 1993.1 Total assets rose from €157,378 in 2018 to €202,996 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet €936 ▼55.7%
Net result drops to €936, the lowest in the series.
01-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
20-06
NBB filing Annual accounts filed
financial year 2023 · micro format
08-01
Gazette deed Resignations: VAN DEN BRANDEN Rudy (director) and VAN DEN BRANDEN Albert (director)
Appointment: VAN DEN BRANDEN Rudy (director) · Amendment of the articles · Capital conversion13 facts ▸
  • General meeting, 20-12-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
  • Capital
  • Power of attorney, Pascale VAN DEN BOSSCHE
  • Other provision, “Wetboek van Vennootschappen en Verenigingen”, 01-01-2020 (deed in Dutch)
  • Director resignation, VAN DEN BRANDEN Rudy (director)
  • Director resignation, VAN DEN BRANDEN Albert (director)
  • Other provision, “uitoefening mandaat, kwijting ontslagnemende bestuurders” (deed in Dutch)
  • Director appointment, VAN DEN BRANDEN Rudy (director (not named in the articles))
  • Registered office clause, “1730 Asse, Groenstraat 42” (deed in Dutch)
  • +1 further fact in this act
2023
14-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
27-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Highest result from 2018 to 2025net €9,773 ▲26.4%
Net result €9,773, the highest in the series.
31-12
Financial Equity above €100,000equity €101,939 ▲10.6%
A profit in every financial year since 2018 builds equity to €101,939.
23-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
29-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
15-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
04-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
18-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 32 annual accounts filed, the latest 10 are here; all 32 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-12-1993
Financial year end31-12
Activities, NACEBEL 2025
46493Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0451616657
Also 9925:BE0451616657
Registered 05-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Asseunit no. 2.065.088.725
1 permission
Groothandelaar verpakkingsmateriaal · since 02-10-2025

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 1994
registered office establishment The establishment unit on the map
Ground area
334 m²
Building footprint
122 m²
Building volume
711 m³
Parcel 23002K0100/00S000, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
1 establishment unit
FLEXIPACK
Groenstraat 42, 1730 AsseWholesale trade
since 1994unit no. 2.065.088.725
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23002K0100/00S000 Flanders 334 m² 1 · 122 m² 8.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Handel en vertegenwoordiging,de in- en uitvoer,tevens als tussenpersoon of als commissionair,van alle verpakkingen en toebehoren; Alle…” (deed in Dutch)
2 activities (deed in Dutch)
  1. Handel en vertegenwoordiging,de in- en uitvoer,tevens als tussenpersoon of als commissionair,van alle verpakkingen en toebehoren
  2. Alle industriële,commerciële,financiële,roerende en onroerende handelingen mogen stellen,onder meer kopen,verkopen,huren,verhuren,bouwen of ruilen van alle onroerende en roerende goederen,toetreden tot vennootschappen met een voorwerp gelijk of verwant met het hare,samensmelten met dergelijke vennootschappen,en dit door inbreng,versmelting,borgstelling of hoe dan ook in één woord,alles doen wat van aard is om haar voorwerp te bereiken of de verwezenlijking ervan te bevorderen of te vergemakkelijken

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FLEXIPACK
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)

deed of 08-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)
“Vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)

deed of 08-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of June at 18:00

deed of 08-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 08-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ondeelbaarheid van effecten, bij splitsing vruchtgebruik en blote eigendom rechten uitgeoefend door vruchtgebruiker behoudens andersluidende…” (deed in Dutch)
Other provision: “Iedere bestuurder alleen optredend mag alle handelingen stellen nodig of nuttig voor verwezenlijking voorwerp behalve wet of statuten aan…” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “Oproepingen algemene vergadering, agenda” (deed in Dutch)
Other provision: “Toegang algemene vergadering” (deed in Dutch)
Other provision: “Bestuurder bij gebrek aanwezige aandeelhouder met meeste aandelen bij pariteit oudste, zittingen processen-verbaal” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, meerderheid van stemmen” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, leden bureau, bestuursorgaan en in voorkomend geval commissaris kunnen niet langs elektronische weg…” (deed in Dutch)
Other provision: “Alle besluiten tot bevoegdheid algemene vergadering, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan, drie weken” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves-interim-dividenden, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden, lasten en kosten vereffening of consignatie nodige sommen, goederen nog in natura voorhanden opzelfde wijze…” (deed in Dutch)
3 more provisions in the deed, see the deed of 08-01-2024

deed of 08-01-2024