MEGAFLEX
ActiveMEGAFLEX has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €405k and a net result of €152k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 62% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency79=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 2.08 in 2023; short-term debt: 46.5% and cash: 20.2% of total assets), and 46.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
31 d late
2022
31 d late
2021
20 d early
2020
31 d late
2019
76 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€405k▲ 0.4%
2023 · €403k
2019: €385k
2020: €387k
2021: €383k
2022: €395k
2023: €403k
2019 → 2024
Total assets
€757k▲ 2.2%
2023 · €740k
2019: €826k
2020: €659k
2021: €666k
2022: €750k
2023: €740k
2019 → 2024
Net result
€152k▼ 19.6%
2023 · €189k
2019: €148k
2020: €88k
2021: €109k
2022: €141k
2023: €189k
2019 → 2024
Working capital
€376k▲ 2.8%
2023 · €365k
2019: €313k
2020: €326k
2021: €330k
2022: €347k
2023: €365k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€387k-€383k▼ 0.9%€395k▲ 2.9%€403k▲ 2.2%€405k▲ 0.4%
Operating result€120k-€146k▲ 21.4%€199k▲ 36.2%€258k▲ 29.3%€212k▼ 17.8%
Net result€88k-€109k▲ 23.7%€141k▲ 30.0%€189k▲ 33.4%€152k▼ 19.6%
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 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €757k
Fixed assets
€29k▼ 22.4%
Current assets
€727k▲ 3.5%
Equity and liabilities €757k
Equity
€405k▲ 0.4%
Debt
€352k▲ 4.4%
The debt ratio rises from 45.5% to 46.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€220k▼
2023 · €267k
Cash flow
€160k▼
2023 · €198k
Solvency
53.5%▼
2023 · 54.5%
Current ratio
2.07▼
2023 · 2.08
Quick ratio
2.07▼
2023 · 2.08
Debt / equity
0.87▲
2023 · 0.84
ROE
37.5%▼
2023 · 46.8%
ROA
20.0%▼
2023 · 25.5%
Debt
€352k▲
2023 · €337k
Debt ≤ 1 year
€352k▲
2023 · €337k
Income taxes
€60k▼
2023 · €69k
Staff costs
€2.92M▲
2023 · €2.79M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€740k€757k▲
Fixed assets21/28€38k€29k▼
Tangible fixed assets22/27€37k€28k▼
Land and buildings22€29k€28k▼
Plant, machinery and equipment23€477-
Furniture and vehicles24€8k€780▼
Financial fixed assets28€800€1k▲
Current assets29/58€702k€727k▲
Amounts receivable within one year40/41€579k€520k▼
Trade receivables40€572k€497k▼
Other amounts receivable41€6k€24k▲
Cash at bank and in hand54/58€83k€153k▲
Deferred charges and accrued income490/1€40k€54k▲
Equity and liabilities
Total equity and liabilities10/49€740k€757k▲
Equity10/15€403k€405k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€385k€386k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€359k€361k▲
Amounts payable17/49€337k€352k▲
Amounts payable within one year42/48€337k€352k▲
Trade debts44€90k€116k▲
Suppliers440/4€90k€116k▲
Taxes, remuneration and social security45€92k€108k▲
Taxes450/3€27k€23k▼
Remuneration and social security454/9€65k€86k▲
Other amounts payable47/48€155k€128k▼
Income statement
Code20232024
Non-recurring operating income76A€40k-
Remuneration, social security and pensions62€2.79M€2.92M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€3.06M€3.14M▲
Operating profit (loss)9901€258k€212k▼
Financial income75/76B€46€67▲
Recurring financial income75€46€67▲
Financial charges65/66B€48-
Recurring financial charges65€48-
Profit (loss) for the period before taxes9903€258k€212k▼
Income taxes67/77€69k€60k▼
Profit (loss) for the period9904€189k€152k▼
Profit (loss) for the period to be appropriated9905€189k€152k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189k€152k▼
Transfer to equity691/2€9k€2k▼
To other reserves6921€9k€2k▼
Profit to be distributed694/7€180k€150k▼
Return on contributions (dividend)694€180k€150k▼
Social balance
Average headcount (FTE)908749.7-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Highest result since 2019net €189k ▲33.4%
Operating result €258k, net result €189k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €88k ▼40.6%
Net result drops to €88k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 76 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2000
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.
Ter Rivierenlaan 102100 AntwerpenGround area
5,905 m²
Building footprint
217 m²
Volume, LiDAR
4,773 m³
Parcel 11344A0528/00K013, Flanders · tallest building 24.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Ter Rivierenlaan 10, 2100 Antwerpen
since 20002.099.627.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0528/00K013 | Flanders | 5,905 m² | 1 · 217 m² | 24.4 m · 8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 23,055 EUR awarded · 22,699 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 20,473 EUR | 20,216 EUR |
| 2024 | 1 | 450 EUR | 627 EUR |
| 2023 | 1 | 961 EUR | 685 EUR |
| 2022 | 1 | 1,171 EUR | 1,171 EUR |
Schemes
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 2,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2000
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.