Skip to content

FLEXURO

Active
Private limited companyfounded 200917 yrs activeHoge Weg 32, 2940 Stabroek, BelgiumKBO/BCE: BE 0810.776.874

FLEXURO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €271k and a net result of €38k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
61 / 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-13
Solvency61▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.88 in 2023), and 59.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
38 d early
2021
58 d early
2020
11 d early
2019
38 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€271k▲ 16.4%
2023 · €233k
2018: €89k 2019: €104k 2020: €141k 2021: €166k 2022: €194k 2023: €233k
2018 → 2024
Total assets
€670k▲ 12.8%
2023 · €594k
2018: €592k 2019: €576k 2020: €613k 2021: €610k 2022: €590k 2023: €594k
2018 → 2024
Net result
€38k▼ 2.4%
2023 · €39k
2018: €2k 2019: €15k 2020: €37k 2021: €40k 2022: €28k 2023: €39k
2018 → 2024
Working capital
€-4k▲ 51.2%
2023 · €-8k
2018: €26k 2019: €18k 2020: €-34k 2021: €-35k 2022: €-32k 2023: €-8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€141k-€166k▲ 17.8%€194k▲ 16.6%€233k▲ 20.3%€271k▲ 16.4%
Operating result€63k-€66k▲ 5.7%€45k▼ 32.1%€71k▲ 58.0%€71k▼ 0.7%
Net result€37k-€40k▲ 8.3%€28k▼ 31.3%€39k▲ 42.2%€38k▼ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €63k€63kNet result 2020: €37k€37kOperating result 2021: €66k€66kNet result 2021: €40k€40kOperating result 2022: €45k€45kNet result 2022: €28k€28kOperating result 2023: €71k€71kNet result 2023: €39k€39kOperating result 2024: €71k€71kNet result 2024: €38k€38k20202021202220232024
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €670k
Fixed assets €583k▲ 8.7%
Current assets €87k▲ 51.4%
Equity and liabilities €670k
Equity €271k▲ 16.4%
Debt €399k▲ 10.5%
The debt ratio falls from 60.8% to 59.5%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€88k
2023 · €87k
Cash flow
€56k
2023 · €55k
Solvency
40.5%
2023 · 39.2%
Current ratio
0.96
2023 · 0.88
Quick ratio
0.96
2023 · 0.88
Debt / equity
1.47
2023 · 1.55
ROE
14.1%
2023 · 16.8%
ROA
5.7%
2023 · 6.6%
Interest coverage
4.82
2023 · 5.12
Debt
€399k
2023 · €361k
Debt ≤ 1 year
€91k
2023 · €65k
Debt > 1 year
€302k
2023 · €288k
Income taxes
€15k
2023 · €15k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€594k€670k
Fixed assets21/28€537k€583k
Tangible fixed assets22/27€529k€575k
Land and buildings22€132k€170k
Furniture and vehicles24-€0
Other tangible fixed assets26€4k€3k
Assets under construction and advance payments27€393k€402k
Financial fixed assets28€8k€8k=
Current assets29/58€57k€87k
Amounts receivable within one year40/41€38k€74k
Trade receivables40€22k€30k
Other amounts receivable41€15k€44k
Cash at bank and in hand54/58€19k€12k
Deferred charges and accrued income490/1€930€529
Equity and liabilities
Total equity and liabilities10/49€594k€670k
Equity10/15€233k€271k
Contributions10/11€19k€19k=
Reserves13€170k€208k
Distributable reserves133€170k€208k
Profit (loss) carried forward14€44k€44k
Amounts payable17/49€361k€399k
Amounts payable after more than one year17€288k€302k
Financial debts170/4€288k€302k
Amounts payable within one year42/48€65k€91k
Current portion of amounts payable after more than one year42€32k€41k
Financial debts43€14k€15k
Credit institutions430/8-€6k
Other loans439€14k€9k
Trade debts44€4k€20k
Suppliers440/4€4k€20k
Taxes, remuneration and social security45€15k€15k
Taxes450/3€9k€9k
Remuneration and social security454/9€6k€6k=
Other amounts payable47/48-€0
Accrued charges and deferred income492/3€8k€6k
Income statement Code20232024
Non-recurring operating income76A€211-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k
Other operating charges640/8€2k€2k
Gross operating margin9900€89k€90k
Operating profit (loss)9901€71k€71k
Financial income75/76B€642€1k
Recurring financial income75€642€1k
Financial charges65/66B€17k€18k
Recurring financial charges65€17k€18k
Profit (loss) for the period before taxes9903€55k€54k
Income taxes67/77€15k€15k
Profit (loss) for the period9904€39k€38k
Profit (loss) for the period to be appropriated9905€39k€38k
Appropriation of the result
Profit (loss) to be appropriated9906€83k€82k
Profit (loss) brought forward from the previous period14P€44k€44k=
Transfer to equity691/2€39k€38k
To other reserves6921€39k€38k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €233k ▲20.3%
6 profitable years in a row build equity to €233k.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €40k ▲8.3%
Net result €40k, the highest in the series.
31-12
Financial Equity above €150kEq €166k ▲17.8%
4 profitable years in a row build equity to €166k.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €104k ▲16.4%
2 profitable years in a row build equity to €104k.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Stabroek · 1 establishment unit since 2009
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.

Hoge Weg 322940 Stabroek
Ground area
1,415 m²
Building footprint
202 m²
Volume, LiDAR
765 m³
Parcel 11020I0459/00Y004, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FLEXURO
Hoge Weg 32, 2940 StabroekWholesale trade
since 20092.177.389.187
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11020I0459/00Y004 Flanders 1,415 m² 1 · 201 m² 11.0 m · 1 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

Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,256 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-03-2009
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.