INFRAFLEX
ActiveINFRAFLEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €39k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency36▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.06 in 2024; short-term debt: 89.3% and cash: 8.2% of total assets), and 89.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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
10.7%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 400 sector peers (2025).
NBB · sector comparisonPosition among 400 sector peers
Solvency
better than 15%
← weakest
strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
28 d late
2023
28 d early
2022
4 d early
2021
26 d early
2020
27 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€158k▲ 32.9%
2024 · €119k
2018: €68k
2019: €-149k
2020: €-146k
2021: €-144k
2022: €45k
2023: €81k
2024: €119k
2018 → 2025
Total assets
€1.47M▼ 10.2%
2024 · €1.64M
2018: €1.22M
2019: €626k
2020: €813k
2021: €939k
2022: €1.30M
2023: €1.01M
2024: €1.64M
2018 → 2025
Net result
€39k▲ 4.3%
2024 · €38k
2018: €31k
2019: €-217k
2020: €3k
2021: €2k
2022: €189k
2023: €36k
2024: €38k
2018 → 2025
Working capital
€142k▲ 43.5%
2024 · €99k
2018: €29k
2019: €-188k
2020: €-155k
2021: €-150k
2022: €33k
2023: €66k
2024: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-144k-€45k€81k▲ 80.9%€119k▲ 46.2%€158k▲ 32.9%
Operating result€2k-€191k▲ 9,164%€46k▼ 75.9%€51k▲ 10.6%€47k▼ 7.3%
Net result€2k-€189k▲ 10,278%€36k▼ 80.8%€38k▲ 3.2%€39k▲ 4.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€16k▼ 19.7%
Current assets
€1.46M▼ 10.1%
Equity and liabilities €1.47M
Equity
€158k▲ 32.9%
Debt
€1.32M▼ 13.6%
The debt ratio falls from 92.8% to 89.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €56k
Cash flow
€45k▲
2024 · €42k
Solvency
10.7%▲
2024 · 7.2%
Current ratio
1.11▲
2024 · 1.06
Quick ratio
1.11▲
2024 · 1.06
Debt / equity
8.34▼
2024 · 12.83
ROE
24.8%▼
2024 · 31.6%
ROA
2.7%▲
2024 · 2.3%
Interest coverage
137.59▼
2024 · 2687.69
Debt
€1.32M▼
2024 · €1.52M
Debt ≤ 1 year
€1.32M▼
2024 · €1.52M
Income taxes
€11k▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€1.47M▼
Fixed assets21/28€20k€16k▼
Tangible fixed assets22/27€20k€16k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€8k€5k▼
Other tangible fixed assets26€7k€8k▲
Current assets29/58€1.62M€1.46M▼
Amounts receivable within one year40/41€1.52M€1.34M▼
Trade receivables40€1.44M€1.26M▼
Other amounts receivable41€77k€75k▼
Cash at bank and in hand54/58€105k€121k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.47M▼
Equity10/15€119k€158k▲
Contributions10/11€19k€19k=
Reserves13€100k€139k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€98k€137k▲
Amounts payable17/49€1.52M€1.32M▼
Amounts payable within one year42/48€1.52M€1.32M▼
Current portion of amounts payable after more than one year42-€14k
Trade debts44€1.51M€1.30M▼
Suppliers440/4€1.51M€1.30M▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€8k€7k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€-6k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€66k€51k▼
Operating profit (loss)9901€51k€47k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€21€386▲
Recurring financial charges65€21€386▲
Profit (loss) for the period before taxes9903€53k€50k▼
Income taxes67/77€15k€11k▼
Profit (loss) for the period9904€38k€39k▲
Profit (loss) for the period to be appropriated9905€38k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€39k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€38k€39k▲
To other reserves6921€38k€39k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
State Gazette act
Statutes amendment · MiscellaneousGeneral meeting · Name change · Statutes amendment4 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
General meeting · Name change · Statutes amendment4 facts ▸
- General meeting, 2026-08-05
- Name change, INFRAFLEX
- Statutes amendment
- Statutes amendment
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €158k ▲32.9%
6 profitable years in a row build equity to €158k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €100kEq €119k ▲46.2%
5 profitable years in a row build equity to €119k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €189k ▲10278%
Operating result €191k, net result €189k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Weakest financial yearnet €-217k ▼797%
Net result drops to €-217k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rumst · 1 establishment unit since 1995
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.
Schensbossen 182840 RumstGround area
260 m²
Building footprint
276 m²
Volume, LiDAR
914 m³
Parcel 11036D0156/00M000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BUROBODART
since 19952.055.823.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036D0156/00M000 | Flanders | 260 m² | 1 · 276 m² | 10.0 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesBUROBODART BV42886
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Of 264 companies in sector 42212 we hold annual accounts for 120. 99 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-1991
Fiscal year end31-12
Activities, NACEBEL
42212Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.