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FLEXUP

Active Risk: not assessed
Public limited companyfounded 2021active for 4 yearsGrand-Chemin-Communal, March. 45, 5380 Fernelmont, BelgiumKBO/BCE: BE 0777.965.932
Summary

FLEXUP is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €693,015 and a net result of €37,970. Equity has been growing by about 18% per year since 2022. Its solvency ranks better than 18% of 3,031 sector peers (NACE 64, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 02-12-2021 Normal situation
Activity
Activities of holding companies NACE 64210and 1 other
Establishment unit
2.325.910.243 5002 Namur, since 10-01-2022
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • DURLET CHARLESDirector · since 02-12-2021
Shareholders
  • CHARLES DURLETannual accounts 2025
  • MATHILDE STAELENSannual accounts 2025
  • I.T.M. BELGIUMannual accounts 2025

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Profit
€37,970
▼ 65.0%
Equity
€693,015
▲ 5.8%
Total assets
€3.2m
▲ 2.7%
Employees on 31-12-2025
1
  • 2025 accounts filed 50 days after the deadline
Signalsraises risk2025 accounts filed 50 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 50 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-09-2026, 50 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
50 days late
2024
50 days late
2023
30 days late
2022
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 40 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 10 September (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €108,619 to €37,970 ▼ 65.0% View
  • Caution: Lower solvency than 81% of companies in financial servicessector median 61.1% · 3,031 companies 21.7% View

Recent changes

  1. · Gazette deed Registered office moved from Namur to Marchovelette
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as FLEXUP: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.8m and €4.2m, founded between 2020 and 2022.

CompanyTotal assetsGross margin
FLEXUP Fernelmont€3.2m€0.2m
ASCOT DEVELOPMENT Maldegem€2.3m€0.3m
VADAGROUP Zele€3.7m€0.3m
HubR Aalst€4.2m€0.3m
BLQ Management Rumst€2.6m€0.2m
HORLIM Hechtel-Eksel€1.8m€0.2m
VERHEGGE LOGISTICS CONSULTANCY & MANAGEMENT Zedelgem€2.5m€0.3m
Full comparison

Key facts about FLEXUP

What is the company number of FLEXUP?
The company number of FLEXUP is 0777.965.932. The VAT number is the same number with BE in front: BE 0777.965.932.
Where is FLEXUP based?
The registered office is at Grand-Chemin-Communal, March. 45, 5380 Fernelmont.Company details
What does FLEXUP do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of FLEXUP?
The legal form of FLEXUP is Public limited company (NV).
When was FLEXUP founded?
FLEXUP was founded on 02-12-2021.
Is FLEXUP still active?
Yes, FLEXUP is an active enterprise in the KBO register.
How many employees does FLEXUP have?
FLEXUP had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FLEXUP?
The turnover of FLEXUP was €344,283 in financial year 2025, according to the filed annual accounts.
Is FLEXUP profitable?
In financial year 2025, FLEXUP made a profit of €37,970.
Where can I find the annual accounts of FLEXUP?
FLEXUP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEXUP due?
FLEXUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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