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FLEXLINK SYSTEMS

Active
Public limited companyfounded 2001active for 25 yearsAmbachtenlaan 21-3B, 3001 Leuven, BelgiumKBO/BCE: BE 0473.907.950
Summary

FLEXLINK SYSTEMS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244,954 and a net result of -€105,039. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 22% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
FLEXLINK SYSTEMSActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of machine tools
NACE 46620Manufacture of machinery and equipment not elsewhere classified NACE 28220
1 site
Size
€1.2mtotal assets 2025
Staff
4.9 FTE
Equity
€244,954
Loss
-€105,039
Total assets +177%: capital increase
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Flexlink Systems B.V. · 99.95%
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 15 days early
Why 85raises riskLoss of €105,039, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.24, cash €466,921Founded in 2001Size: 4.9 FTE, total assets €1.2mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 45+45
equity 20.1% of total assets
Liquidity 54+11
short-term debt 79.9% · cash 38.3%
Profitability 8+8
return on assets -8.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025 09-2025: 4.1%▲ +2.2 percentage points vs 08-2025highest value 10-2025: 4.1%● unchanged vs 09-2025highest value 11-2025: 3.2%▼ -0.9 percentage points vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.1%▼ -0.1 percentage points vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.0%▼ -0.1 percentage points vs 04-2026 06-2026: 2.8%▼ -0.2 percentage points vs 05-2026 07-2026: 2.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -2.6 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.24, compared with 0.76 in 2024, below the usual 1.5; short-term debt: 79.9% and cash: 38.3% of total assets), and 79.9% 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 32% on solvency, 60% on liquidity, 15% on profitability and 97% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €105,039, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.24, cash €466,921
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 4.9 FTE, total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 6136 sector peers (2025).
NBB · sector comparison
Position among 6136 sector peers
Solvency
better than 22%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
1 day early
2023
7 days early
2022
4 days early
2021
31 days early
2020
30 days early
2019
15 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 15 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 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 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 · full…
  2. Equity above €200,000equity €244,954
  3. Capital & sharesCapital increase · Bank account…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€105,039 View
  • Caution: Among the weakest 13% on net resultsector median €112,676 · 6,071 companies -€105,039 View
  • Controlled by Flexlink Systems B.V.known shareholders 100% 99.95% View
  • Positive: Result rose in 2025from -€202,158 to -€105,039 ▲ 48.0% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€105,039
Solvency
20.1%
Turnover▼ 51.5%
Net result
20232024
Go to Financials

Board & ownership

Board
3 members
Parent
Flexlink Systems B.V. · 99.95%
Known shareholders
100%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Marini GiovanniDirector
  • Russo LuigiDirector
  • Vos HansDirector
Go to Board & ownership

Timeline

Events
50
Since
2002
Next accounts
by 31-07-2027
  1. 07-10-2025Resignations: Persson Maria (director) and Menabue Chiara…
  2. 30-07-2025Annual accounts filed
  3. 11-12-2024Resignation: Adolfsson Tom (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of machine toolsNACE 46620
Founded
22-01-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Purpose
“De vennootschap heeft tot voorwerp de levering van goederen en het verrichten van…” (deed in Dutch)
Go to Articles of association

Key facts about FLEXLINK SYSTEMS

What is the company number of FLEXLINK SYSTEMS?
0473.907.950. In Belgium the VAT number is the company number with BE in front: BE 0473.907.950.
Where is FLEXLINK SYSTEMS based?
The registered office is at Ambachtenlaan 21-3B, 3001 Leuven.Company details
What does FLEXLINK SYSTEMS do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of FLEXLINK SYSTEMS?
Public limited company (NV).
When was FLEXLINK SYSTEMS founded?
On 22-01-2001.
Is FLEXLINK SYSTEMS still active?
Yes, FLEXLINK SYSTEMS is an active enterprise in the KBO register.
How many employees does FLEXLINK SYSTEMS have?
On average 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FLEXLINK SYSTEMS?
€2.3m in financial year 2024, according to the filed annual accounts.
Is FLEXLINK SYSTEMS profitable?
In financial year 2025, FLEXLINK SYSTEMS made a loss of €105,039.
Where can I find the annual accounts of FLEXLINK SYSTEMS?
FLEXLINK SYSTEMS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEXLINK SYSTEMS due?
By 31-07-2027, for financial year 2026.Timeline

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