FLEXWEB
FLEXWEB has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.00M and a net result of €1.75M. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 2821 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €3.00M |
| Net result | €1.75M |
| Staff (FTE) | 0.8 |
| Better than sector | 76% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 70.1% | 42.0% | |
| Net result | €1.75M | €26k | |
| Equity | €3.00M | €208k | |
| Gross operating margin | €2.57M | €170k | |
| Staff costs | €34k | €411k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | +357.3% | +27.7% | +45.1% | - |
| Net profit | +429.1% | +39.8% | +58.3% | - |
| Cash flow | +354.9% | +27.9% | +38.6% | - |
| Staff costs | -10.3% | +7.2% | +86.8% | - |
| Income taxes | +351.2% | +46.3% | +57.0% | - |
| Dividends | +5.4% | -57.5% | +107.0% | - |
| Total assets | +137.5% | +15.2% | +9.0% | - |
| Equity | +128.0% | +26.1% | +10.8% | - |
| Debt | +163.3% | -6.7% | +5.5% | - |
| of which ≤ 1y | +75.7% | +32.2% | +38.4% | - |
| of which > 1y | +329.8% | -40.1% | -12.4% | - |
| Working capital | -45.1% | +30.4% | +14.2% | - |
| Employees (FTE) | -11.1% | -10.0% | +66.7% | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.97 | 4.10 | 4.14 | 4.80 |
| Quick ratio | 1.96 | 4.09 | 4.13 | 4.79 |
| Working capital ratio | 12.6% | 54.7% | 48.4% | 46.2% |
| Solvency | 70.1% | 73.0% | 66.7% | 65.6% |
| Debt / equity | 0.43 | 0.37 | 0.50 | 0.52 |
| Long-term debt ratio | 0.24 | 0.13 | 0.27 | 0.34 |
| Interest coverage | 99.94 | 405.20 | 36.13 | 38.03 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 40.7% | 18.3% | 15.1% | 10.4% |
| ROE | 58.1% | 25.0% | 22.6% | 15.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.28M | €1.80M | €1.57M | €1.44M |
| Fixed assets | 21/28 | €3.18M | €497k | €567k | €599k |
| Tangible fixed assets | 22/27 | €646k | €497k | €567k | €599k |
| Financial fixed assets | 28 | €2.54M | - | - | - |
| Current assets | 29/58 | €1.10M | €1.31M | €999k | €837k |
| Stocks & contracts in progress | 3 | €2k | €2k | €2k | €2k |
| Amounts receivable within one year | 40/41 | €75k | €587k | €324k | €278k |
| Investments | 50/53 | €68k | €68k | €63k | - |
| Cash & bank | 54/58 | €314k | €232k | €448k | €391k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.28M | €1.80M | €1.57M | €1.44M |
| Equity | 10/15 | €3.00M | €1.32M | €1.04M | €942k |
| Contributions / capital | 10/11 | €1k | €1k | €1k | €1k |
| Reserves | 13 | €3.00M | €1.32M | €1.04M | €941k |
| Accumulated profits (losses) | 14 | €302 | €302 | €302 | €302 |
| Amounts payable | 17/49 | €1.28M | €487k | €521k | €494k |
| Amounts payable after one year | 17 | €721k | €168k | €280k | €320k |
| Amounts payable within one year | 42/48 | €560k | €319k | €241k | €174k |
| Trade debts payable within one year | 44 | €12k | €59k | €33k | €20k |
| Income statement | |||||
| Gross operating margin | 9900 | €2.57M | €602k | €474k | €323k |
| Operating result | 9901 | €2.43M | €477k | €351k | €218k |
| Financial income | 75 | €38k | €8k | €2k | €5k |
| Financial charges | 65 | €25k | €1k | €12k | €8k |
| Result before taxes | 9903 | €2.44M | €484k | €341k | €216k |
| Income taxes | 67/77 | €694k | €154k | €105k | €67k |
| Net result for the period | 9904 | €1.75M | €330k | €236k | €149k |
| Result to be appropriated | 9905 | €1.75M | €330k | €236k | €149k |
Former directors (1)
-
Rudi DelvauxDirectorState Gazette act 22041993 (31-03-2022)Former- → 01-03-2022
| NACE primary | Other information technology and computer services(62900) |
| Legal form | Private limited company(610) |
| Incorporation | 21-10-2010 |
| Status | Active |
| Postal code | 8940 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009C0390/00K000 | Flanders | 6,025 m² | - | - |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-03-2022 Rudi Delvaux resigns as director
- Rudi Delvaux, Bestuurder
Technical details
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"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Rudi Delvaux",
"address": null,
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},
"reason": "eervol",
"subkind": null,
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"statutory": "statutair",
"compensated": null,
"effective_date": "2022-03-01",
"evidence_quote": "De vergadering neemt kennis en aanvaardt het ontslag van de heer Rudi Delvaux als bestuurder van de vennootschap met ingang vanaf 1 maart 2022 wegens zijn pensionering.",
"decharge_status": "pending_next_agm",
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"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-03-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2022-03-01",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0830.499.746",
"name_full": "FLEXWEB",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Techel Channing",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | FLEXWEB |