FLEXWORXDATA

Active Private limited companyfounded 2004active for 21 yearsKruissteenweg 368, 3700 Tongeren-BorgloonKBO/BCE: BE 0870.298.648

FLEXWORXDATA

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Overview

Lifetime

20 annual accounts with figures on one time axis

Compare with

peak €105,386 (2006)

€51,375▲ 37.3%

lowest -€22,432 (2012)

€260▼ 98.7%

peak €276,650 (2025)

€276,650▲ 0.1%

€38,724▼ 61.1%

Board1 name since 2022

1 directorHAMAL Guy

Documentsfilings and deeds

21-10-2026174 days late

2025micro format

Gross margin from €37,407 to €51,375Result from €19,357 to €260Debts from €99,664 to €38,724Cash from €33,996 to €4,432

Key points

from the 2025 annual accounts

Equity

€276,650 ▲ 0.1%

FLEXWORXDATA has made a profit without a break since 2013.

Liquidity

8.57 was 2.44 in 2024

Short-term debts fell from €80,473 to €30,735.

Filings

20 annual accounts 174 days

Latest accounts filed late: after the legal deadline.

Checked score

Fair

Financially stronger than 52% of micro companies in specialised construction (NACE 43)

Probability in this band: 1.5% to 4.2%

Bankruptcy probability within 12 months 2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.2 percentage points vs 04-2025 06-2025: 0.2%▼ -0.3 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.2 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.2 percentage points vs 06-2026 08-2026: 0.9%▲ +0.1 percentage points vs 07-2026 09-2026: 1.2%▲ +0.3 percentage points vs 08-2026 10-2026: 2.0%▲ +0.8 percentage points vs 09-2026highest value 11-2026: 2.0%● unchanged vs 10-2026highest value

Financial strength

Strong

100+9equity 76.8% of total assets

52-2short-term debt 8.5% · cash 1.2%

69-5return on assets 0.1%

Score breakdown

raises risk

Last filed accounts filed 174 days late; 1 of the last 3 accounts late

Size: total assets €360,182

Liquidity: current ratio 8.57, cash €4,432, halved

lowers risk

Founded in 2004

Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 46% on liquidity, 35% on profitability and 35% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as FLEXWORXDATA has now. Each dot stands for 43 companies, two years later.

94.4%

were still trading

4.9%

stopped another way

0.5%

went bankrupt

Micro
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FLEXWORXDATA itself is higher: 2.0% within 12 months. It rests on far more data about FLEXWORXDATA than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for FLEXWORXDATA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €14,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline

Liquidity is ample, with a current ratio of 8.57 (2.44 in 2024), above the usual 1.5. Short-term debt is 8.5% and cash 1.2% of total assets. 23.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises risk

Last filed accounts filed 174 days late; 1 of the last 3 accounts late

NBB · filings

Size: total assets €360,182

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Founded in 2004

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Liquidity: current ratio 8.57, cash €4,432, halved

NBB · annual accounts

2025 accounts filed 174 days late

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-10-2026, 174 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

174 days late

2024

7 days late

2023

61 days early

2022

60 days early

2021

66 days early

2020

32 days early

2019

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 March (4 of the last 5 accounts filed within 67 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end09-11-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

HAMAL Guy

Director, since 27-04-2022

Board & ownership

Recent changes

27-05-2022

Purpose change · Amendment of the articles · Legal-form change · Name change · Resignations & appointments Appointment: HAMAL Guy (director) · “De plaatsing,het onderhoud en de herstelling van alle elektrische installaties,inzonderheid elektrische…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-04-2022 · Gazette deed

04-01-2005

First establishment FWD, Kruissteenweg 368, Tongeren-Borgloon

01-12-2004

Incorporation published on 13-12-2004 · Gazette deed

All 31 events

Comparable companies

same main activity, similar in size and age

Company
FLEXWORXDATA Tongeren-Borgloon	€360,182	€51,375	76.8%	-
Isola Energy Tongeren-Borgloon	€364,373	€58,732	-51.4%	1.7
EASY WAN Meise	€374,797	€50,509	37.2%	-
I & S BATI Sint-Pieters-Leeuw	€336,783	€49,977	81.4%	-
PAUL VANDOORNE Kortemark	€355,412	€47,771	42.5%	-
ACDlec Liège	€330,707	€45,958	13.6%	-
IMAGINATE Nijlen	€368,905	€45,202	50.1%	-

These companies have the same main activity as FLEXWORXDATA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €331,000 and €375,000, founded between 2003 and 2008.

Official details

Source: KBO

Status: Active since 01-12-2004Normal situation
Activity: General electrical installation workNACE 43211and 1 other
Establishment unit: 2.144.368.1123700 Tongeren-Borgloon, since 04-01-2005
Financial year end: 30 September
Peppol: Reachable

Company details

Annual accounts to 30-09-2025

: €51,375▲ 37.3%
: ≈ €200,000estimated
: €260▼ 98.7%
: €276,650▲ 0.1%
: €360,182▼ 14.4%
Filing: Filed on 21-10-2026

Financials

Insights on FLEXWORXDATA

FLEXWORXDATA files the micro format. That format states no turnover. The gross margin fell from €105,386 in 2006 to €51,375 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 21-10-2026, 174 days late

€51,375

▲ 37.3%

-€735

▼ €28,420

€25,169

▼ 48.8%

€26,163

▼ 35.9%

76.8%

▲ 11.1 percentage points

8.57

▲ 6.13

Money flows

no detail for 2025

Balance sheet

balance sheet total €360,182 on 30-09-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

76.8%

Higher than 82% of 35,125 companies in 2025.

8.57

Higher than 92% of 34,499 companies in 2025.

0.1%

Higher than 24% of 34,700 companies in 2025.

FLEXWORXDATA Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	360,182	420,862	355,937	334,264	292,847	296,316	284,859	337,464	242,362	264,079	230,803	112,274	119,103	107,096	177,792	387,942	240,827	236,457	230,965	129,509
`21/28`	96,803	224,551	39,442	49,828	13,246	24,935	196,871	216,258	183,083	194,836	153,229	3,203	5,980	11,044	15,101	15,778	12,087	10,795	15,115	5,755
`22/27`	96,803	224,551	39,442	49,828	13,246	24,935	196,721	216,108	182,933	194,686	153,229	3,203	5,980	11,044	15,101	15,778	12,087	10,795	15,115	5,755
`22`	-	-	-	-	-	-	163,259	172,756	182,405	192,054	149,488	2,369	2,112	2,463	2,815	3,167	5,400	-	-	-
`23`	-	-	-	-	-	-	-	-	-	-	85	170	349	614	454	940	953	1,757	3,147	2,891
`24`	96,803	224,551	39,442	49,828	13,246	24,935	33,462	43,352	528	2,632	3,657	664	3,519	7,967	11,832	11,671	5,734	9,038	11,968	2,864
`28`	-	-	-	-	-	-	150	150	150	150	-	-	-	-	-	-	-	-	-	-
`29/58`	263,379	196,312	316,496	284,436	279,601	271,381	87,988	121,206	59,280	69,243	77,573	109,071	113,122	96,052	162,691	372,164	228,740	225,662	215,850	123,754
`29`	0	10,000	210,000	210,000	210,000	210,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`291`	0	10,000	210,000	210,000	210,000	210,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`3`	-	-	-	-	-	-	5,385	5,385	-	-	-	-	-	-	-	-	-	-	-	-
`30/36`	-	-	-	-	-	-	5,385	5,385	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	207,030	147,983	55,827	48,295	40,334	50,718	22,932	100,112	50,867	68,223	73,387	96,124	87,496	95,430	139,893	109,905	80,020	71,104	127,366	7,972
`40`	140,710	87,871	22,827	9,611	8,101	18,109	1,192	49,557	854	7,223	4,045	19,624	10,996	10,430	54,893	17,535	20,022	11,755	27,366	7,972
`41`	66,320	60,112	33,000	38,684	32,233	32,609	21,739	50,555	50,014	61,000	69,342	76,500	76,500	85,000	85,000	92,370	59,998	59,349	100,000	-
`50/53`	49,665	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	4,432	33,996	38,058	14,547	23,033	8,827	55,440	12,000	8,402	-	4,176	12,375	25,052	622	22,798	262,259	148,720	154,558	88,484	115,782
`490/1`	2,252	4,332	12,611	11,594	6,234	1,836	4,231	3,709	10	1,020	10	572	574	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	360,182	420,862	355,937	334,264	292,847	296,316	284,859	337,464	242,362	264,079	230,803	112,274	119,103	107,096	177,792	387,942	240,827	236,457	230,965	129,509
`10/15`	276,650	276,391	257,033	223,459	211,034	182,169	131,121	113,173	99,885	82,785	71,503	55,108	40,271	15,570	38,002	164,052	137,029	128,606	73,333	34,106
`10/11`	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500
`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100	11,100
`13`	269,150	268,891	249,533	215,959	203,534	174,669	123,621	105,673	92,385	75,285	64,003	47,608	32,771	30,502	30,502	156,552	129,529	121,106	65,833	26,606
`130/1`	-	-	-	0	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,330
`1311`	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	0	19,027	19,027	19,027	19,027	19,027	19,027	19,027	19,027	19,027	19,027	19,027	19,027	12,212	6,030	-	-
`133`	269,150	268,891	249,533	215,959	182,648	153,782	102,735	84,786	71,498	54,398	43,116	26,721	11,884	9,615	9,615	135,665	115,457	113,216	63,973	25,276
`14`	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,432	-	-	-	-	-	-
`16`	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807
`160/5`	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807
`160`	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	44,807	-	-	-	-	-	-	-	-	-	-	-
`17/49`	38,724	99,664	54,097	65,998	37,005	69,340	108,930	179,483	97,670	136,486	114,493	12,359	34,024	46,719	94,983	179,083	58,991	63,044	112,825	50,596
`17`	7,989	19,191	28,431	38,198	5,898	15,880	76,692	96,269	70,602	80,100	89,399	-	-	-	-	-	-	-	-	-
`170/4`	7,989	19,191	28,431	38,198	5,898	15,880	76,692	96,269	70,602	80,100	89,399	-	-	-	-	-	-	-	-	-
`42/48`	30,735	80,473	25,654	27,800	30,787	49,601	30,488	80,814	23,926	38,056	24,464	10,571	33,620	44,040	87,044	173,083	52,839	62,997	112,825	50,596
`42`	10,375	9,239	9,767	15,375	9,982	9,823	19,577	19,215	9,498	9,298	9,103	-	-	-	-	-	-	-	-	-
`43`	-	-	-	-	-	-	-	-	-	11,258	-	-	-	14,658	-	124,462	-	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	11,258	-	-	-	14,658	-	124,462	-	-	-	-
`44`	13,565	64,589	788	2,450	1,802	1,503	351	55,868	2,337	8,968	4,551	1,410	1,082	1,587	10,495	7,954	12,584	3,550	15,934	7,589
`440/4`	13,565	64,589	788	2,450	1,802	1,503	351	55,868	2,337	8,968	4,551	1,410	1,082	1,587	10,495	7,954	10,746	1,885	15,934	7,589
`441`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,838	1,665	-	-
`45`	6,796	6,645	14,742	6,032	19,002	26,775	10,560	5,731	10,751	7,192	10,810	6,777	4,481	2,907	16,414	4,439	401	18,504	18,946	15,132
`450/3`	5,232	6,645	14,742	6,032	19,002	26,775	10,560	5,731	10,751	7,192	10,810	6,777	4,481	2,907	16,414	4,439	401	18,504	18,946	15,132
`454/9`	1,564	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`47/48`	-	0	357	3,944	0	11,500	-	-	1,340	1,340	-	2,384	28,057	24,888	60,135	36,228	39,854	40,943	77,945	27,875
`492/3`	-	0	12	0	321	3,860	1,750	2,400	3,142	18,330	629	1,788	404	2,679	7,939	6,000	6,152	47	-	-
Income statement
`70`	-	-	-	-	-	-	97,068	94,756	93,234	88,945	90,533	83,828	91,338	-	-	-	-	-	-	-
`76A`	-	-	-	-	0	992	6,612	-	-	-	-	-	-	2,442	1,089	869	-	156	1,200	-
`9900`	51,375	37,407	44,516	36,860	42,490	54,463	50,083	45,429	42,140	32,099	39,962	26,656	35,562	-16,803	31,927	23,297	9,059	77,808	77,872	105,386
`60/61`	-	-	-	-	-	-	53,597	55,542	51,094	56,846	50,571	59,931	55,576	-	-	-	-	-	-	-
`62`	-	-	-	-	-	144	56	1,774	509	273	525	527	393	-	-	-	-	-	-	-
`630`	25,904	21,464	11,169	15,306	11,689	11,327	21,108	20,749	11,753	12,088	11,759	4,472	4,312	4,899	6,164	4,099	5,568	4,796	4,738	4,766
`631/4`	0	-12,561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,807
`640/8`	811	818	821	299	612	2,191	-	2,034	695	622	982	618	614	2,750	875	883	583	915	731	786
`66A`	25,396	-	-	-	-	-	-	-	-	-	-	-	753	-	-	238	-	-	-	-
`9901`	-735	27,685	32,526	21,255	30,189	40,802	28,919	20,871	29,183	19,117	26,696	21,039	30,243	-24,452	24,888	18,315	2,908	72,097	72,403	55,027
`75/76B`	2,265	2,206	19,582	2,200	15,501	36,516	6	2	13	51	183	35	44	24	1,041	16,347	6,948	9,279	213	515
`75`	1	2,206	19,582	2,200	15,501	775	6	2	13	51	183	35	44	24	1,041	16,347	6,948	9,279	213	515
`76B`	2,264	-	-	-	-	35,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	901	1,131	1,563	1,173	1,145	2,110	2,370	2,454	2,506	3,842	1,117	301	2,044	871	311	223	43	88	225	224
`65`	901	1,131	1,563	1,173	1,145	2,110	2,370	2,454	2,506	3,842	1,117	301	2,044	871	311	223	43	88	225	224
`9903`	629	28,761	50,545	22,282	44,544	75,208	26,555	18,420	26,689	15,325	25,762	20,773	27,490	-22,857	26,707	35,070	9,813	81,444	73,591	55,318
`67/77`	370	9,404	16,971	9,858	15,162	24,160	8,607	5,132	9,589	4,042	9,367	5,936	2,789	-425	7,758	8,048	1,390	26,170	14,364	11,512
`9904`	260	19,357	33,574	12,424	29,382	51,048	17,948	13,288	17,100	11,283	16,395	14,837	24,701	-22,432	18,949	27,022	8,423	55,274	59,227	43,806
`789`	-	-	0	19,027	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,814	6,182	6,030	-	-
`9905`	260	19,357	33,574	31,451	29,382	51,048	17,948	13,288	17,100	11,283	16,395	14,837	24,701	-22,432	18,949	20,208	2,241	49,244	59,227	43,806
Appropriation of the result
`9906`	260	19,357	33,574	31,451	29,382	51,048	17,948	13,288	17,100	11,283	16,395	14,837	2,269	-22,432	18,949	20,208	2,241	49,244	59,227	43,806
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144,999	-	-	-	-	-
`691/2`	260	19,357	33,574	31,451	29,382	51,048	17,948	13,288	17,100	11,283	16,395	14,837	2,269	-	18,949	20,208	2,241	49,244	39,227	26,606
`691`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
`6920`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	530	1,330
`6921`	260	19,357	33,574	31,451	29,382	51,048	17,948	13,288	17,100	11,283	16,395	14,837	2,269	-	18,949	20,208	2,241	49,244	38,697	25,276
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144,999	-	-	-	20,000	17,200
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144,999	-	-	-	20,000	17,200
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 174 days after the deadline. Filed on 21 October 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00566619.

Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	21-10-2026	2026-00566619	PDF
30-09-2024	micro format	07-05-2025	2025-00089867	PDF
30-09-2023	micro format	29-02-2024	2024-00038644	PDF
30-09-2022	micro format	01-03-2023	2023-00033763	PDF
30-09-2021	micro format	23-02-2022	2022-06200095	PDF
30-09-2020	micro format	29-03-2021	2021-09700492	PDF
30-09-2019	micro format	29-04-2020	2020-10900110	PDF
30-09-2018	abbreviated format	29-04-2019	2019-11600544	PDF
30-09-2017	abbreviated format	30-04-2018	2018-11700165	PDF
30-09-2016	abbreviated format	30-03-2017	2017-08200529	PDF
30-09-2015	abbreviated format	30-03-2016	2016-08200145	PDF
30-09-2014	abbreviated format	02-04-2015	2015-08900035	PDF
30-09-2013	abbreviated format	31-03-2014	2014-08000482	PDF
30-09-2012	abbreviated format	05-03-2013	2013-05700586	PDF
30-09-2011	abbreviated format	23-03-2012	2012-06900028	PDF
30-09-2010	abbreviated format	08-03-2011	2011-05500155	PDF
30-09-2009	abbreviated format	18-03-2010	2010-07100554	PDF
30-09-2008	abbreviated format	17-03-2009	2009-07800361	PDF
30-09-2007	abbreviated format	19-02-2008	2008-04900090	PDF
30-09-2006	abbreviated format	29-05-2007	2007-16000068	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
25,169	49,149	43,695	36,561	41,878	52,129	50,027	41,621	40,935	31,205	38,455	25,511	34,555	-19,553	31,052	22,414	8,476	76,893	77,141	59,793
26,163	40,821	44,743	27,730	41,071	62,375	39,056	34,037	28,853	23,371	28,154	19,308	29,013	-17,533	25,113	31,121	13,991	60,070	63,965	48,572
9,551	244,050	782	51,888	0	2,801	1,721	53,924	0	53,694	161,786	1,694	-752	842	5,487	11,828	6,860	719	14,098	10,521
-29,565	-4,061	23,510	-8,486	14,206	-46,613	43,441	3,598	-	-	-8,199	-12,677	24,430	-22,176	-239,461	113,539	-5,838	66,074	-27,298	-
232,644	115,839	290,841	256,636	248,814	221,781	57,500	40,392	35,353	31,187	53,109	98,500	79,502	52,012	75,647	199,081	175,901	162,665	103,025	73,158
-	-	-	-	-	-	29.8%	22.0%	31.3%	21.5%	29.5%	25.1%	33.1%	-	-	-	-	-	-	-
76.8%	65.7%	72.2%	66.9%	72.1%	61.5%	46.0%	33.5%	41.2%	31.3%	31.0%	49.1%	33.8%	14.5%	21.4%	42.3%	56.9%	54.4%	31.8%	26.3%
8.57	2.44	12.34	10.23	9.08	5.47	2.89	1.50	2.48	1.82	3.17	10.32	3.36	2.18	1.87	2.15	4.33	3.58	1.91	2.45
8.57	2.44	12.34	10.23	9.08	5.47	2.71	1.43	2.48	1.82	3.17	10.32	3.36	2.18	1.87	2.15	4.33	3.58	1.91	2.45
0.14	0.36	0.21	0.30	0.18	0.38	0.83	1.59	0.98	1.65	1.60	0.22	0.84	3.00	2.50	1.09	0.43	0.49	1.54	1.48
0.1%	7.0%	13.1%	5.6%	13.9%	28.0%	13.7%	11.7%	17.1%	13.6%	22.9%	26.9%	61.3%	-144.1%	49.9%	16.5%	6.1%	43.0%	80.8%	128.4%
0.1%	4.6%	9.4%	3.7%	10.0%	17.2%	6.3%	3.9%	7.1%	4.3%	7.1%	13.2%	20.7%	-20.9%	10.7%	7.0%	3.5%	23.4%	25.6%	33.8%
27.93	43.48	27.96	31.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	4 days	191 days	3 days	30 days	16 days	85 days	44 days	-	-	-	-	-	-	-
-	-	-	-	-	-	2 days	367 days	17 days	58 days	33 days	9 days	7 days	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Pledge on other assets, amount secured	-	-	€37,476	€47,690
Carrying value of the other pledged assets	-	-	€37,476	€47,690

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Tangible fixed assets	€9,551	€244,050	€782	€51,888
	€25,904	€21,464	€11,169	€15,306

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on FLEXWORXDATA

The operating result for 2025 is a loss of €735, after a profit of €27,685 in 2024. It is the lowest result since 2012.

Debt's share of the balance-sheet total falls from 23.7% to 10.8%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2022

HAMAL Guy

Director (not named in the articles)

since 27-04-2022 term without a fixed end

listed in the 2025 annual accounts, filed on 21-10-2026

Signing authority: “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 27-05-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

HAMAL Guy
Director (not named in the articles)

Board

Mandates as a list

HAMAL Guy
- Director (not named in the articles), from 27-04-2022 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €7,500
Source: 2025 annual accounts

Articles of association

deed of 27-05-2022 (in Dutch)

Duration: Unlimited
Annual meeting: First Friday of March at 20:00

Network & group

No group

FLEXWORXDATA has no parent and no holdings in its annual accounts. HAMAL Guy is the only director. FLEXWORXDATA shares no director with another company.

At the same address

Kruissteenweg 368, 3700 Tongeren-Borgloon · 4 other companies

HML registered office since 04-06-2024	founded in 2024 1010.037.046
Hamal, Julie (sole trader) establishment since 26-02-2024	founded in 2024 1006.405.385
Hamal, Guy (sole trader) establishment since 05-06-2002	founded in 2002 0802.019.259
Hensen, Anita (sole trader) establishment since 07-11-1991	founded in 1991 0730.295.380

Timeline

31 events since 2004

Board

Filings

Financial

Establishments

200420062008201020122014201620182020202220242026

Deadline for the 2026 accounts: 30-04-2027

2026

21-10-2026

Annual accounts 2025 filed NBBmicro format · 174 days late

2025

30-09-2025

Liquidity more than triples current ratio 8.57 The current ratio rises from 2.44 to 8.57. Short-term debt falls from €80,473 to €30,735.

07-05-2025

Annual accounts 2024 filed PDFmicro format · 7 days late

2024

29-02-2024

Annual accounts 2023 filed PDFmicro format · 61 days before the deadline

2023

01-03-2023

Annual accounts 2022 filed PDFmicro format · 60 days before the deadline

2022

27-05-2022

Purpose change · Amendment of the articles · Legal-form change · Name change · Resignations & appointmentsAppointment: HAMAL Guy (director) · “De plaatsing,het onderhoud en de herstelling van alle elektrische installaties,inzonderheid elektrische…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-04-20227 points ▸

General meeting, 27-04-2022
Purpose change, “De plaatsing,het onderhoud en de herstelling van alle elektrische installaties,inzonderheid elektrische bedradingen en toebehoren,hulpvoedingssystemen,bedrading…” (deed in Dutch)
Legal-form conversion, from private limited company (pre-2019) to private limited company
100 shares
Power of attorney, Jean-Luc SNYERS
Director appointment, HAMAL Guy (director (not named in the articles))
Registered office clause, Sint-Truidersteenweg 368, 3700 Tongeren
The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

23-02-2022

Annual accounts 2021 filed PDFmicro format · 66 days before the deadline

2021

30-09-2021

Equity above €200,000 equity €211,034 ▲15.8% After 9 profitable years in a row, equity reaches €211,034.

29-03-2021

Annual accounts 2020 filed PDFmicro format · 32 days before the deadline

2020

29-04-2020

Annual accounts 2019 filed PDFmicro format · 1 day before the deadline

2019

29-04-2019

Annual accounts 2018 filed PDFabbreviated format · 1 day before the deadline

2018

30-04-2018

Annual accounts 2017 filed PDFabbreviated format · on the deadline day

2017

30-03-2017

Annual accounts 2016 filed PDFabbreviated format · 31 days before the deadline

2016

30-03-2016

Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline

2015

02-04-2015

Annual accounts 2014 filed PDFabbreviated format · 28 days before the deadline

2014

30-09-2014

Liquidity more than triples current ratio 10.32 The current ratio rises from 3.36 to 10.32. Short-term debt falls from €33,620 to €10,571.

31-03-2014

Annual accounts 2013 filed PDFabbreviated format · 30 days before the deadline

2013

30-09-2013

Back to profit net €24,701 The net result is €24,701, after one loss-making year.

05-03-2013

Annual accounts 2012 filed PDFabbreviated format · 56 days before the deadline

2012

30-09-2012

Weakest financial year net -€22,432 The net result drops to -€22,432, the lowest from 2006 to 2025. It recovers the following year.

23-03-2012

Annual accounts 2011 filed PDFabbreviated format · 38 days before the deadline

2011

08-03-2011

Annual accounts 2010 filed PDFabbreviated format · 53 days before the deadline

2010

30-09-2010

Equity above €150,000 equity €164,052 ▲19.7% With a profit in every financial year since 2006, equity grows to €164,052.

18-03-2010

Annual accounts 2009 filed PDFabbreviated format · 43 days before the deadline

2009

17-03-2009

Annual accounts 2008 filed PDFabbreviated format · 44 days before the deadline

2008

30-09-2008

Equity above €100,000 equity €128,606 ▲75.4% With a profit in every financial year since 2006, equity grows to €128,606.

19-02-2008

Annual accounts 2007 filed PDFabbreviated format · 71 days before the deadline

2007

30-09-2007

Highest result from 2006 to 2025 net €59,227 ▲35.2% The operating result of €72,403 and the net result of €59,227 are both a record.

29-05-2007

Annual accounts 2006 filed PDFabbreviated format · 29 days late

2005

04-01-2005

First establishment FWD, Kruissteenweg 368, Tongeren-Borgloon

2004

01-12-2004

Incorporation PDFpublished on 13-12-2004

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 1 December 2004, FLEXWORXDATA was incorporated.¹ Total assets went from €284,859 in 2019 to €360,182 in 2025.²

Company details

Identity

Enterprise number: 0870.298.648
VAT number: BE 0870.298.648
Peppol ID: 0208:0870298648
Other Peppol ID: 9925:BE0870298648
Legal form: Private limited company
Status: Active, normal situation
Founded: 01-12-2004
Financial year: ends on 30 September
Annual meeting: First Friday of March at 20:00
deed of 27-05-2022 (in Dutch)
Peppol: Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name: FLEXWORXDATA in Dutch
Abbreviation: FWD in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 27-05-2022 (in Dutch)
Registered office clause: “Vlaams Gewest”
deed of 27-05-2022 (in Dutch)

Activities

NACEBEL 2025

43211 General electrical installation work main activity

77110 Renting and leasing of cars and light motor vehicles

Codes under NACEBEL 2008

43211 Specialised construction activities main activity

77393 Rental and leasing activities

Codes under NACEBEL 2003

45310 main activity

Purpose: “De plaatsing,het onderhoud en de herstelling van alle elektrische installaties,inzonderheid elektrische bedradingen en…”
11 activities
De plaatsing,het onderhoud en de herstelling van alle elektrische installaties,inzonderheid elektrische bedradingen en toebehoren,hulpvoedingssystemen,bedrading voor telefooninstallaties en computersystemen,bewakingssystemen en alarminstallaties tegen diefstal,datanetwerken.
Het verhuur en lease van caravans,motorhomes en overige motorvoertuigen;
De aanneming en onderaanneming van bouwwerken;
Projectontwikkeling:Het leveren van diensten van projectmanagement,waaronder het uitvoeren van haalbaarheidsstudies,het opstellen of het laten opstellen van ontwerpen,plannen en beschrijvingen die in bestekken moeten worden ingelast,het voorbereiden van documenten voor offerteaanvragen,met inbegrip van contractvoorwaarden,het geven van adviezen op technisch vlak,het beheer van de uitvoering van werken,het waarmerken van betalingsaanvragen,het vaststellen van gebreken,het nemen van maatregelen indien er zich omstandigheden zouden voordoen die de stipte uitvoering van werken in het gedrang brengen,het uitvoeren van inspecties en keuringen,het verlenen van bijstand bij voorlopige en definitieve opleveringen
De onderneming in onroerende goederen,omvattende onder meer:De aan-en verkoop van onroerende goederen,het bouwrijp maken van terreinen,het bebouwen ervan met woningen en appartementen met het oog op de tekoopstelling,het verwerven,verbeteren,inrichten,bezitten en beheren van onroerende goederen van alle aard
Het verkavelen
Het verhuren en ter beschikking stellen onder alle vormen van alle onroerende goederen van alle bestemmingen
Het beleggen van vermogens,het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede het uitvoeren van alle herstellingen die rechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing,de aan-en verkoop,huur en verhuring van deze goederen,alsmede de borgstelling voor de goede afloop van verbintenissen voor derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
Het vestigen,verwerven en verhandelen van zakelijke en persoonlijke rechten op onroerende goederen
Het plaatsen en onderhouden van technieken met betrekking tot hernieuwbare energie
Webservices
deed of 27-05-2022 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
FWD registered office Kruissteenweg 368, 3700 Tongeren-Borgloon 4222002 Construction of utility projects for electricity and telecommunications	04-01-2005	2.144.368.112

Buildings and parcels at the address

Ground area: 1,409 m²
Buildings: 154 m²
Volume, LiDAR: 966 m³
Tallest building: 10.6 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

5 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
73063B0088/00B000	1,409 m²	1 · 154 m²	10.6 m · 2

Contact

Phone +32 12 21 04 50 establishment in Tongeren-Borgloon

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0870.298.648

Overview

Lifetime

Key points

Equity

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-09-2025

Insights on FLEXWORXDATA

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency76.8%

Current ratio8.57

Return on assets0.1%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on FLEXWORXDATA

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Contact

Invoicing and payment

in euro

in euro

76.8%

8.57

0.1%