FLEXXO
ActiveSummary
FLEXXO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€2,308) and a net result of -€1,303. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
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Signals
This company filed its last 6 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,455 | - | €181 | €206 | €206 | = |
| Gross operating margin9900 | -€2,987 | -€1,960 | €834 | -€870 | -€1,002 | ▼ 15.2% |
| Operating profit (loss)9901 | -€4,442 | -€1,960 | €653 | -€1,076 | -€1,208 | ▼ 12.3% |
| Recurring financial income75 | €324 | - | - | - | - | - |
| Financial charges65/66B | - | €78 | €79 | €96 | €95 | ▼ 1.1% |
| Recurring financial charges65 | €271 | €78 | €79 | €96 | €95 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | -€4,389 | -€2,037 | €574 | -€1,172 | -€1,303 | ▼ 11.2% |
| Profit (loss) for the period9904 | -€4,389 | -€2,037 | €574 | -€1,172 | -€1,303 | ▼ 11.2% |
| Profit (loss) for the period to be appropriated9905 | -€4,389 | -€2,037 | €574 | -€1,172 | -€1,303 | ▼ 11.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,460 | €2,223 | €5,903 | €3,327 | €745 | ▼ 77.6% |
| Fixed assets21/28 | - | - | €850 | €644 | €437 | ▼ 32.0% |
| Tangible fixed assets22/27 | - | - | €850 | €644 | €437 | ▼ 32.0% |
| Land and buildings22 | - | - | €850 | €644 | €437 | ▼ 32.0% |
| Current assets29/58 | €2,460 | €2,223 | €5,053 | €2,684 | €308 | ▼ 88.5% |
| Amounts receivable within one year40/41 | €2,460 | - | €2,250 | - | - | - |
| Trade receivables40 | - | - | €2,250 | - | - | - |
| Cash at bank and in hand54/58 | - | €2,223 | €2,803 | €2,684 | €308 | ▼ 88.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,460 | €2,223 | €5,903 | €3,327 | €745 | ▼ 77.6% |
| Equity10/15 | €1,631 | -€406 | €167 | -€1,005 | -€2,308 | ▼ 130% |
| Contributions10/11 | €6,206 | €6,206 | €6,206 | €6,206 | €6,206 | = |
| Capital10 | - | €6,206 | €6,206 | €6,206 | - | - |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | €12,394 | €12,394 | €12,394 | - | - |
| Outside capital11 | - | - | - | - | €6,206 | - |
| Other1109/19 | - | - | - | - | €6,206 | - |
| Reserves13 | €700 | €700 | €700 | €700 | €700 | = |
| Non-distributable reserves130/1 | - | €700 | €700 | €700 | €700 | = |
| Legal reserve130 | - | €700 | €700 | €700 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €700 | - |
| Profit (loss) carried forward14 | -€5,275 | -€7,312 | -€6,739 | -€7,911 | -€9,214 | ▼ 16.5% |
| Amounts payable17/49 | €829 | €2,629 | €5,735 | €4,332 | €3,054 | ▼ 29.5% |
| Amounts payable within one year42/48 | €820 | €2,629 | €5,735 | €4,332 | €3,054 | ▼ 29.5% |
| Trade debts44 | €529 | €1,294 | €2,250 | €2,417 | €1,437 | ▼ 40.5% |
| Suppliers440/4 | - | €1,294 | €2,250 | €2,417 | €1,437 | ▼ 40.5% |
| Taxes, remuneration and social security45 | - | €609 | €283 | - | - | - |
| Taxes450/3 | - | €609 | €283 | - | - | - |
| Other amounts payable47/48 | - | €726 | €3,202 | €1,915 | €1,617 | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,389 | -€2,037 | €574 | -€1,172 | -€1,303 | ▼ 11.2% |
| + Depreciation and write-downs630 | €1,455 | - | €181 | €206 | €206 | = |
| Operating cash flow (approximation) | -€2,934 | -€2,037 | €755 | -€966 | -€1,097 | ▼ 13.6% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | - | €580 | -€119 | -€2,376 | ▼ 1,895% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023L0487/00R002 | Wallonia | 718 m² | 1 · 124 m² | 10.2 m · 3 fl. |
| 25385B0022/00W003 | Wallonia | 190 m² | 1 · 55 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.