FLEXY
ActiveSummary
FLEXY has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €636,883 and a net result of €72,372. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2025
Profitability69▼-29
Solvency65▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.87; short-term debt: 39.8% and cash: 14.4% of total assets), but 60% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2025
on the day
2024
29 d late
2023
30 d late
2022
30 d late
2021
30 d late
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72,372▼ 81.7%
2025 · €395,912
Working capital
€550,929▲ 2.0%
2025 · €540,389
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252025
Operating result€121,821▲ 34.3%€27,449▼ 77.5%€28,473▲ 3.7%€575,199▲ 1,920%€106,154-
Net result€109,533▲ 68.6%€27,344▼ 75.0%-€11,140€395,912€72,372-
Equity€152,395▲ 256%€179,739▲ 17.9%€168,599▼ 6.2%€564,511▲ 235%€636,883-
Total assets€209,759▲ 44.5%€293,953▲ 40.1%€1.2m▲ 302%€1.7m▲ 41.8%€1.6m-
Debt€57,364▼ 43.9%€114,213▲ 99.1%€1.0m▲ 788%€1.1m▲ 9.7%€957,206-
Working capital€181,889▲ 89.7%€184,932▲ 1.7%€229,491▲ 24.1%€540,389▲ 135%€550,929-
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €1.6m
Fixed assets
€408,941 ▲ 0.3%
Current assets
€1.2m ▼ 6.7%
Equity and liabilities €1.6m
Equity
€636,883 ▲ 12.8%
Debt
€957,206 ▼ 14.0%
Debt's share of the balance-sheet total falls from 66.3% to 60.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107,813▼
2025 · €576,139
Cash flow
€74,030▼
2025 · €396,852
Current ratio
1.87▲
2025 · 1.74
Debt to equity
1.50▼
2025 · 1.97
ROE
11.4%▼
2025 · 70.1%
ROA
4.5%▼
2025 · 23.6%
Interest coverage
5.34▼
2025 · 16.55
Debt ≤ 1 year
€634,219▼
2025 · €729,537
Debt > 1 year
€322,587▼
2025 · €383,542
Income taxes
€25,872▼
2025 · €150,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €437 | €439 | €691 | €940 | €1,659 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €47,988 | - | €1,400 | - | - |
| Other operating charges640/8 | €838 | €4,060 | €11,094 | €640 | €400 | - |
| Gross operating margin9900 | €123,096 | €79,936 | €40,258 | €578,179 | €108,213 | - |
| Operating profit (loss)9901 | €121,821 | €27,449 | €28,473 | €575,199 | €106,154 | - |
| Financial income75/76B | €144 | - | €914 | €6,114 | €12,287 | - |
| Recurring financial income75 | €144 | - | €914 | €6,114 | €12,287 | - |
| Financial charges65/66B | €12,432 | €104 | €32,254 | €34,822 | €20,198 | - |
| Recurring financial charges65 | €12,432 | €104 | €32,254 | €34,822 | €20,198 | - |
| Profit (loss) for the period before taxes9903 | €109,533 | €27,344 | -€2,867 | €546,491 | €98,244 | - |
| Income taxes67/77 | - | - | €8,273 | €150,580 | €25,872 | - |
| Profit (loss) for the period9904 | €109,533 | €27,344 | -€11,140 | €395,912 | €72,372 | - |
| Profit (loss) for the period to be appropriated9905 | €109,533 | €27,344 | -€11,140 | €395,912 | €72,372 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €209,759 | €293,953 | €1.2m | €1.7m | €1.6m | - |
| Fixed assets21/28 | €1,364 | €2,247 | €407,336 | €407,664 | €408,941 | - |
| Tangible fixed assets22/27 | €1,364 | €2,247 | €1,556 | €1,884 | €3,161 | - |
| Plant, machinery and equipment23 | €1,364 | €1,003 | €643 | €1,301 | €2,909 | - |
| Furniture and vehicles24 | - | €1,244 | €913 | €583 | €252 | - |
| Financial fixed assets28 | - | - | €405,780 | €405,780 | €405,780 | - |
| Current assets29/58 | €208,395 | €291,706 | €775,615 | €1.3m | €1.2m | - |
| Amounts receivable after more than one year29 | - | - | - | - | €407,536 | - |
| Other amounts receivable291 | - | - | - | - | €407,536 | - |
| Amounts receivable within one year40/41 | €103,023 | €156,328 | €521,335 | €456,145 | €548,470 | - |
| Trade receivables40 | €103,023 | €145,484 | €509,523 | €455,752 | €546,923 | - |
| Other amounts receivable41 | - | €10,844 | €11,812 | €393 | €1,547 | - |
| Cash at bank and in hand54/58 | €62,876 | €133,521 | €252,213 | €813,782 | €229,142 | - |
| Deferred charges and accrued income490/1 | €42,496 | €1,856 | €2,066 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €209,759 | €293,953 | €1.2m | €1.7m | €1.6m | - |
| Equity10/15 | €152,395 | €179,739 | €168,599 | €564,511 | €636,883 | - |
| Contributions10/11 | €118,600 | €118,600 | €118,600 | €118,600 | €118,600 | - |
| Capital10 | €118,600 | €118,600 | €118,600 | €118,600 | €118,600 | - |
| Issued capital100 | €118,600 | €118,600 | €118,600 | €118,600 | €118,600 | - |
| Reserves13 | €11,860 | €11,860 | €11,860 | €11,860 | €411,860 | - |
| Non-distributable reserves130/1 | €11,860 | €11,860 | €11,860 | €11,860 | €411,860 | - |
| Legal reserve130 | €11,860 | €11,860 | €11,860 | €11,860 | €11,860 | - |
| Reserves not available under the articles1311 | - | - | - | - | €400,000 | - |
| Profit (loss) carried forward14 | €21,935 | €49,279 | €38,139 | €434,051 | €106,423 | - |
| Amounts payable17/49 | €57,364 | €114,213 | €1.0m | €1.1m | €957,206 | - |
| Amounts payable after more than one year17 | - | - | €460,788 | €383,542 | €322,587 | - |
| Financial debts170/4 | - | - | €460,788 | €383,542 | €322,587 | - |
| Amounts payable within one year42/48 | €26,506 | €106,773 | €546,124 | €729,537 | €634,219 | - |
| Current portion of amounts payable after more than one year42 | - | - | €63,746 | €77,246 | €80,689 | - |
| Trade debts44 | €19,316 | €95,733 | €436,965 | €443,364 | €395,018 | - |
| Suppliers440/4 | €19,316 | €95,733 | €436,965 | €443,364 | €395,018 | - |
| Taxes, remuneration and social security45 | €5,201 | €8,959 | €44,218 | €158,927 | €158,513 | - |
| Taxes450/3 | €5,201 | €8,959 | €44,218 | €158,927 | €158,513 | - |
| Other amounts payable47/48 | €1,989 | €2,081 | €1,195 | €50,000 | - | - |
| Accrued charges and deferred income492/3 | €30,858 | €7,440 | €7,440 | - | €400 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109,533 | €27,344 | -€11,140 | €395,912 | €72,372 | - |
| + Depreciation and write-downs630 | €437 | €439 | €691 | €940 | €1,659 | - |
| Operating cash flow (approximation) | €109,970 | €27,784 | -€10,449 | €396,852 | €74,030 | - |
| Investment in fixed assets (approximation) | - | -€1,322 | -€405,780 | -€1,268 | - | - |
| Change in cash | - | €70,645 | €118,692 | €561,569 | - | - |
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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €395,912
Net result €395,912 after one loss-making year.
31-03
Financial
Equity above €500,000Eq €564,511 ▲235%
Equity rises from €168,599 to €564,511.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
31-03
Financial
Weakest financial yearnet -€11,140
Net result drops to -€11,140, the lowest in the series; recovery starts the following year.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Liquidity triplescurrent ratio 7.86
Current ratio from 2.96 to 7.86; short-term debt falls from €48,948 to €26,506.
31-03
Financial
Equity above €150,000Eq €152,395 ▲256%
4 profitable years in a row build equity to €152,395.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Show earlier events
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Liquidity triplescurrent ratio 5.02
Current ratio from 1.75 to 5.02; short-term debt falls from €54,214 to €19,156.
2019
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Ukkel · 1 establishment unit since 2014
Ground area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
313
companies at this address
See who is registered here
1 establishment unit
FLEXY
since 20142.235.411.025
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900TNB07O9HD5VT20
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 3,779 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
46190Agents in non-specialised wholesale trade
61200Telecommunications resale and intermediation services
73110Advertising agencies
73200Market research and public opinion polling
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.