Turnover
≈ €33,000 estimated
The micro format states no turnover.
MS FLEX SERVICES
Overview
Lifetime
1 annual account with figurespeak €6,013 (2025)
€6,013
peak €4,170 (2025)
€4,170
peak €5,170 (2025)
€5,170
€5,688
Board1 name since 2025
1 directorMOHANDIZ Saleha
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Incorporation 26-061 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Checked score
70
Healthy
Financially stronger than 78% of micro companies in land transport (NACE 49)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,101 companies (NACE 49, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 3.6%highest value
08-2026: 0.8%▼ -2.8 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Sector: Land transport and transport via pipelines (NACE 49)
Size: total assets €10,858
lowers risk
Liquidity: current ratio 1.91, cash €10,627
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 49, micro). It does better than 60% of them on solvency, 79% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 11,279 companies had the same profile as MS FLEX SERVICES has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MS FLEX SERVICES itself: 0.8% within 12 months.
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.
| 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 11,279 companies, not a prediction for MS FLEX SERVICES. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
3 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024669495
Incorporation
Founding capital of €1,000, 100 shares · Founder: MOHANDIZ Saleha · Appointment: MOHANDIZ Saleha (director) · published on 26-06-2025 · Gazette deed
First establishment
Steevoortstraat 8, Vilvoorde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MS FLEX SERVICES Vilvoorde | €10,858 | €6,013 | 47.6% | - |
| Khandco Saint-Josse-ten-Noode | €12,575 | €6,421 | -56.2% | - |
| Flownet Services Vilvoorde | €9,832 | €4,911 | 66.0% | - |
| ANDACAR Woluwe-Saint-Lambert | €9,778 | €6,237 | 28.3% | - |
| M&L GO Sint-Gillis (bij-Brussel) | €11,438 | €7,827 | 32.6% | - |
| BEL-DRIVE Antwerp | €12,457 | €6,470 | 29.3% | - |
| GS Business Belgium Machelen (Brab.) | €11,431 | €8,539 | 64.4% | - |
These companies have the same main activity as MS FLEX SERVICES: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €9,780 and €12,600, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 24-06-2025Normal situation
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330and 4 others
- Establishment unit
- 2.374.956.2151800 Vilvoorde, since 24-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- €6,013
- €4,170
- €5,170
- €10,858
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on MS FLEX SERVICES
MS FLEX SERVICES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,170 and a net result of €4,170.
Its solvency ranks better than 60% of 5,937 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadline€6,013
€5,310
€4,170
€5,170
47.6%
1.91
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €33,000. Estimated: probably between €21,000 and €54,000.
Balance sheet
balance sheet total €10,858 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
47.6%
Higher than 60% of 5,937 companies in 2025.
1.91
Higher than 67% of 5,692 companies in 2025.
38.4%
Higher than 93% of 5,754 companies in 2025.
MS FLEX SERVICES
Middle half of the sector
80% of the sector
Micro accounts in land transport (NACE 49)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
10,858 | |
29/58 |
10,858 | |
40/41 |
231 | |
41 |
231 | |
54/58 |
10,627 | |
| Balance sheet: equity and liabilities | ||
10/49 |
10,858 | |
10/15 |
5,170 | |
10/11 |
1,000 | |
14 |
4,170 | |
17/49 |
5,688 | |
42/48 |
5,688 | |
44 |
548 | |
440/4 |
548 | |
45 |
1,137 | |
450/3 |
1,137 | |
47/48 |
4,003 | |
| Income statement | ||
76A |
1,565 | |
9900 |
6,013 | |
640/8 |
703 | |
9901 |
5,310 | |
65/66B |
3 | |
65 |
3 | |
9903 |
5,307 | |
67/77 |
1,137 | |
9904 |
4,170 | |
9905 |
4,170 | |
| Appropriation of the result | ||
9906 |
4,170 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00354774 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 5,170 | ||
| 47.6% | ||
| 1.91 | ||
| 1.10 | ||
| 80.7% | ||
| 38.4% |
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.
Insights on MS FLEX SERVICES
Debt's share of the balance-sheet total is 52.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-06-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 28-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 26-06-2025
Mandates through the years
1 name, the dashed line is todayMOHANDIZ Saleha
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- MOHANDIZ Saleha
- Director (not named in the articles), from 24-06-2025 to date
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €51.70 in 2025
- Source
- deed of 26-06-2025
Articles of association
deed of 26-06-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering die benoemt, onbepaalde duur bij gebrek aan bepaling”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal, nietigheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of June at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 26-06-2025 ↗
- MOHANDIZ Saleha 100 shares (100%) · €1,000
Network & group
No group
MS FLEX SERVICES has no parent and no holdings in its annual accounts. MOHANDIZ Saleha is the only director. MS FLEX SERVICES shares no director with another company.
At the same address
Steevoortstraat 8, 1800 Vilvoorde · 1 other company| TECH CRAFT SOLUTIONS
registered office since 01-01-2024 · founded in 2023 |
total assets €110,049 (2025) 1003.148.462 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1024669495
IncorporationFounding capital of €1,000, 100 shares · Founder: MOHANDIZ Saleha · Appointment: MOHANDIZ Saleha (director) · published on 26-06-20254 points ▸
- Founder, MOHANDIZ Saleha
- Founding capital, €1,000, 100 shares
- Registered office clause, Steevoortstraat 8, 1800 Vilvoorde
- Director appointment, MOHANDIZ Saleha (director (not named in the articles))
- The deed holds 4 more points.
First establishment Steevoortstraat 8, Vilvoorde
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1024.669.495
- VAT number
- BE 1024.669.495
- Peppol ID
- 0208:1024669495
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-06-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of June at 10:00deed of 26-06-2025 (in Dutch)
- Peppol
- Reachable since 24-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MS FLEX SERVICES in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-06-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 26-06-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
49330
On-demand passenger transport by chauffeured vehicle main activity
Social security (RSZ) activities
49330
On-demand passenger transport by chauffeured vehicle main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vervoer van personen per taxi – verhuur van wagens met chauffeur; E commerce; Aan en verkoop van goederen; Organisatie van evenementen…”deed of 26-06-2025 (in Dutch)
5 activities
- Vervoer van personen per taxi – verhuur van wagens met chauffeur.
- E commerce.
- Aan en verkoop van goederen.
- Organisatie van evenementen.
- Transport van pakjes.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steevoortstraat 8 registered office 1800 Vilvoorde | 24-06-2025 | 2.374.956.215 |
Buildings and parcels at the address
- Ground area
- 94 m²
- Buildings
- 62 m²
- Volume, LiDAR
- 468 m³
- Tallest building
- 9.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23643G0319/00S005 | 94 m² | 1 · 62 m² | 9.9 m · 2 |