Flexso Supply Chain
ActiveFlexso Supply Chain has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €35k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 1404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+77
Solvency100▲+37
Growth52▲+30
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.89 against 1.57 in 2024; short-term debt: 24.4% and cash: 4% of total assets), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.6%
Return on assets
27.6%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
26 d late
2023
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€487k▼ 28.9%
2024 · €685k
2023: €994k
2024: €685k
2023 → 2025
EBIT margin
8.0%▲ 9.9pp
2024 · -1.9%
2023: 2.3%
2024: -1.9%
2023 → 2025
Net result
€35k
2024 · €-17k
2023: €16k
2024: €-17k
2023 → 2025
Working capital
€89k▲ 57.2%
2024 · €56k
2023: €78k
2024: €56k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€994k-€685k▼ 31.1%€487k▼ 28.9%
Equity€78k-€60k▼ 22.3%€95k▲ 57.6%
Operating result€23k-€-13k€39k
Net result€16k-€-17k€35k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39k after a loss of €13k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€6k▲ 64.6%
Current assets
€120k▼ 23.1%
Equity and liabilities €126k
Equity
€95k▲ 57.6%
Debt
€31k▼ 68.9%
The debt ratio falls from 62.1% to 24.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €-13k
Cash flow
€37k▲
2024 · €-17k
Solvency
75.6%▲
2024 · 37.9%
Current ratio
3.89▲
2024 · 1.57
Quick ratio
3.89▲
2024 · 1.57
Debt / equity
0.32▼
2024 · 1.64
ROE
36.6%▲
2024 · -28.7%
ROA
27.6%▲
2024 · -10.9%
Interest coverage
22.07▲
2024 · -2.07
Debt
€31k▼
2024 · €99k
Debt ≤ 1 year
€31k▼
2024 · €99k
Income taxes
€6k▲
2024 · €-181
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€159k€126k▼
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€4k€6k▲
Current assets29/58€156k€120k▼
Amounts receivable within one year40/41€150k€114k▼
Trade receivables40€120k€977▼
Other amounts receivable41€29k€114k▲
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1-€55
Equity and liabilities
Total equity and liabilities10/49€159k€126k▼
Equity10/15€60k€95k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€32k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133-€26k
Profit (loss) carried forward14€-8k€924▲
Amounts payable17/49€99k€31k▼
Amounts payable within one year42/48€99k€31k▼
Trade debts44€68k€18k▼
Suppliers440/4€68k€18k▼
Taxes, remuneration and social security45€31k€13k▼
Taxes450/3€31k€13k▼
Income statement
Code20242025
Turnover70€685k€487k▼
Goods, raw materials, services and sundry goods60/61€698k€444k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€354€3k▲
Other operating charges640/8€808€1k▲
Gross operating margin9900€-12k€43k▲
Operating profit (loss)9901€-13k€39k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€-17k€41k▲
Income taxes67/77€-181€6k▲
Profit (loss) for the period9904€-17k€35k▲
Profit (loss) for the period to be appropriated9905€-17k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€27k▲
Profit (loss) brought forward from the previous period14P€35€-8k▼
Transfer from equity791/2€9k-
Transfer to equity691/2-€26k
To other reserves6921-€26k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.89
Current ratio from 1.57 to 3.89; short-term debt falls from €99k to €31k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-17k ▼211%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veldkant 33A2550 KontichGround area
3,317 m²
Building footprint
736 m²
Volume, LiDAR
8,061 m³
Parcel 11024B0130/00E002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Flexso Supply Chain
since 20222.332.241.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0130/00E002 | Flanders | 3,317 m² | 1 · 736 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Qaliber
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BE 1011.103.155
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YZECO SOLUTION
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TONE SINGLETON
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Jette · Eq €95k
About People
BE 0687.729.505
Wortegem-Petegem · Eq €95k
Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 15,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-03-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.