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FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS

Active
Public limited company·Algemene elektrotechnische installatiewerken· 26 yrs active
Vennen(HRT) 15 ·2200 Herentals, Belgium
KBO/BCE: BE 0468.027.869
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Age26 yrs
Board3
Connections4
Real estate2 parcels · 1.6 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS is 1.0% (low). The 2019 annual accounts show equity of €4.07M and a net result of €101. The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 20 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 13-08-2025 13 d late 2025-00378148
31-12-2023 31-07-2024 21-11-2024 113 d late 2024-00603478
31-12-2022 31-07-2023 20-07-2023 11 d early 2023-00256160
30-09-2021 30-04-2022 02-05-2022 2 d late 2022-20016636
30-09-2020 30-04-2021 29-04-2021 1 d early 2021-11900088
30-09-2019 30-04-2020 28-04-2020 2 d early 2020-10300059
30-09-2018 30-04-2019 28-04-2019 2 d early 2019-11100423
30-09-2017 30-04-2018 30-03-2018 31 d early 2018-09000054
30-09-2016 30-04-2017 30-03-2017 31 d early 2017-08100004
30-09-2015 30-04-2016 08-03-2016 53 d early 2016-06300291

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1999, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.0% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€101
Working capital€3.77M

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 13-08-2025 with the NBB · fiscal year 2024 · verkort
Fiscal year2019
Depositverkort
Revenue-
EBITDA€208k
Net profit€101
Cash flow€148k
Staff costs-
Income taxes€21k
Dividends-
Total assets€5.51M
Equity€4.07M
Debt€1.45M
of which ≤ 1y€380k
of which > 1y€954k
Working capital€3.77M
Employees (FTE)7.6
Ratios (computed)
2019
Current ratio10.92
Quick ratio10.92
Working capital ratio68.4%
Solvency73.8%
Debt / equity0.23
Long-term debt ratio0.23
Interest coverage-
Gross margin-
Net margin-
ROA0.0%
ROE0.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€5.51M
Fixed assets 21/28€1.36M
Intangible fixed assets 21€3k
Tangible fixed assets 22/27€1.36M
Current assets 29/58€4.15M
Amounts receivable within one year 40/41€861k
Investments 50/53€21k
Cash & bank 54/58€3.27M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€5.51M
Equity 10/15€4.07M
Contributions / capital 10/11€169k
Reserves 13€3.90M
Amounts payable 17/49€1.45M
Amounts payable after one year 17€954k
Amounts payable within one year 42/48€380k
Trade debts payable within one year 44€105k
Income statement
Gross operating margin 9900€905k
Operating result 9901€61k
Financial income 75€4k
Financial charges 65€44k
Result before taxes 9903€21k
Income taxes 67/77€21k
Net result for the period 9904€101
Result to be appropriated 9905€101
Ratios computed by Checked.

Health barometer

FY 2019 · computed
78 / 100 Excellent
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2019. Indicative, not credit advice.

Directors

Directors & mandates

18 directors
Current directors & mandates
  • Ben Philipsen
    Director
    State Gazette act 25157927 (15-12-2025)
    Current
    30-11-2025 → present
    3 events
    • 30-11-2025 Appointed· Director
    • 05-02-2019 Resigned· Director
    • 15-12-2017 Mandate renewed· Director
  • Folkert Pieter Bergstra
    Director
    State Gazette act 25157927 (15-12-2025)
    Current
    30-11-2025 → present
  • KOOIJ Annegien Maria
    Director
    State Gazette act 22364999 (12-10-2022)
    Current
    03-10-2022 → present
Historic, not recently confirmed (6)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Ed Lam
    Director
    State Gazette act 20055648 (07-05-2020)
    Not recently confirmed
    last confirmed in an act from 2020
  • Johannes Poelman
    Director
    State Gazette act 20055648 (07-05-2020)
    Not recently confirmed
    last confirmed in an act from 2020
  • NorthCampLegal entity
    Director· perm. rep.: Ben Philipsen
    State Gazette act 19065292 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
  • P & A ServicesLegal entity
    Director· perm. rep.: Aldo De Grauwe
    State Gazette act 19065292 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 05-02-2019 Appointed· Director
    • 05-02-2019 Appointed· Managing director
  • RASCLegal entity
    Director· perm. rep.: Stefaan Raeymakers
    State Gazette act 19065292 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
  • Stefaan Raeymakders
    Director
    State Gazette act 17176526 (15-12-2017)
    Not recently confirmed
    last confirmed in an act from 2017
Former directors (9)
  • Vishal Kapoor
    Director
    State Gazette act 24085219 (05-06-2024)
    Former
    16-05-2024 → 30-11-2025
    2 events
    • 30-11-2025 Resigned· Director
    • 16-05-2024 Appointed· Director
  • Harld Johan Peters
    Director
    State Gazette act 22364999 (12-10-2022)
    Former
    03-10-2022 → 01-11-2024
    2 events
    • 01-11-2024 Resigned· Director
    • 03-10-2022 Appointed· Director
  • Johannes Albrecht Poelman
    Director
    State Gazette act 24085219 (05-06-2024)
    Former
    - → 06-11-2023
  • LAM Edward
    Director
    State Gazette act 22364999 (12-10-2022)
    Former
    - → 03-10-2022
  • NorthCamp BVLegal entity
    Director· perm. rep.: PHILIPSEN Ben
    State Gazette act 22364999 (12-10-2022)
    Former
    - → 03-10-2022
4 further former directors in the mandate history. Available in Kantoor S. See plans →
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

2 auditors
Statutory auditor IRE/IBR number Tenure
KPMG Réviseurs d'EntreprisesCurrent
Statutory auditor · represented by Joachim Hoebeeck
 - 01-10-2024 → present
Show 1 earlier auditors
KPMG Bedrijfsrevisoren BV
Statutory auditor · represented by Joachim Hoebeeck
succeeded by KPMG Réviseurs d'Entreprises in 2024
 - 10-12-2020 → 01-10-2024
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Public limited company(014)
Incorporation13-12-1999
StatusActive
Postal code2200

Structure & network

Connections & network

4 connected companies
NorthCamp, Sits on the board NNorthCampP & A Services, Sits on the board P&P & A ServicesRASC, Sits on the board RRASCBen Philipsen, Shared director BP Ben PhilipsenFLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS FLEXIBLEAUTOMAT…IONS0468.027.869
Group structureShared directors
Group structure
NorthCamp
Sits on the board · 1 subsidiary · 1 location
Control→
P & A Services
Sits on the board · 1 subsidiary · 1 location
Control→
RASC
Sits on the board · 1 subsidiary · 1 location
Control→
Linked via shared directors
NorthCamp
viaBen Philipsen · Permanent representative
former→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

3 parties
Control over this companysits on this company's board3
NorthCamp
1 subsidiary · 1 location
P & A Services
1 subsidiary · 1 location
RASC
1 subsidiary · 1 location
controls
FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONSBE 0468.027.869

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Vennen(HRT) 152200 Herentals

Establishment units

1 location
F.A.I.S.
Atealaan(HRT) 73, 2200 HerentalsVervaardiging van motoren met inwendige verbranding en onderdelen daarvan, voor divers gebruik :voor railvoertuigen, landbouwwerktuigen en machines voor de bouwnijverheid, scheepsmotoren en buitenboot
since 19992.093.519.227
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.6 ha
Buildings2
Building footprint5,709 m²
Volume (LiDAR)39,929 m³
Tallest building9.8 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0023/00G000 Flanders 1.3 ha 1 · 5,203 m² 9.8 m · 3 fl.
13302C0588/00N000 Flanders 2,342 m² 1 · 506 m² 8.1 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

16 acts
Capital history · 1
28-11-2022
v3.2
Address history · 2
19-07-2017
v3.2
10-11-2008
v3.2
All acts · 16 updated 8 months ago
2025
15-12-2025 2 directors appointed, 1 resigning Director changes
  • Folkert Pieter Bergstra, Bestuurder
  • Ben Philipsen, Bestuurder
  • Vishal Kapoor, Bestuurder
Summary: v3.2
2024
23-12-2024 Harld Johan Peters resigns as director Director changes
  • Harld Johan Peters, Bestuurder
Summary: v3.2
01-10-2024 Joachim Hoebeeck reappointed as statutory auditor Director changes
  • Joachim Hoebeeck, Commissaris
Summary: v3.2
05-06-2024 1 director appointed, 1 resigning Director changes
  • Vishal Kapoor, Bestuurder
  • Johannes Albrecht Poelman, Bestuurder
Summary: v3.2
2022
28-11-2022 Transaction in capital or shares Capital & shares
Summary: v3.2
12-10-2022 2 directors appointed, 4 resigning Director changes
  • PETERS Harld Johan, Bestuurder
  • KOOIJ Annegien Maria, Bestuurder
  • RAEYMAKERS Stefaan, Bestuurder
  • PHILIPSEN Ben, Bestuurder
  • LAM Edward, Bestuurder
  • THATTAI Sudarsan, Bestuurder
Summary: v3.2
10-10-2022 Articles of association amended Statutes amendment
Summary: v3.2
2020
10-12-2020 Joachim Hoebeeck appointed as statutory auditor Director changes
  • Joachim Hoebeeck, Commissaris
Summary: v3.2
17-08-2020 Change in the board of directors Director changes
Summary: v3.2
07-05-2020 5 directors appointed Director changes
  • Ed Lam, Bestuurder
  • Sudarsan Thattai, Bestuurder
  • Johannes Poelman, Bestuurder
  • Stefaan Raeymakers, Bestuurder
  • Ben Philipsen, Bestuurder
Summary: v3.2
2019
05-06-2019 1 director appointed, 1 resigning Director changes
  • BVBA RASC, Gedelegeerd bestuurder
  • BVBA P & A Services, Gedelegeerd bestuurder
Summary: v3.2
14-05-2019 4 directors appointed, 3 resigning Director changes
  • Aldo De Grauwe, Bestuurder
  • Stefaan Raeymakers, Bestuurder
  • Ben Philipsen, Bestuurder
  • Aldo De Grauwe, Gedelegeerd bestuurder
  • Aldo De Grauwe, Gedelegeerd bestuurder
  • Stefaan Raeymakers, Bestuurder
  • Ben Philipsen, Bestuurder
Summary: v3.2
2017
15-12-2017 1 director appointed, 3 reappointed Director changes
  • Aldo De Grauwe, Gedelegeerd bestuurder
  • Aldo De Grauwe, Bestuurder
  • Stefaan Raeymakders, Bestuurder
  • Ben Philipsen, Bestuurder
Summary: v3.2
19-07-2017 Registered office moved within HERENTALS Registered-office change
  • Vennen 30, 2200 HERENTALS → Vennen 15, 2200 HERENTALS
Summary: v3.2
2014
22-01-2014 Articles of association amended Statutes amendment
Summary: v3.2
2008
10-11-2008 Registered office moved within Herentals Registered-office change
  • Atealaan 73, 2200 Herentals → Vennen 30, 2200 Herentals
Summary: v3.2

Analysis

Financial profile

4 of 5 axes measured
Health78Profitability0Solvency100Growth-Stability85
66 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 78
Profitability 0
Solvency 100
Growth -
Stability 85

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,244 of the 22,778 companies in this sector. 146 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene elektrotechnische installatiewerken43211Elektrische installatie45310Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Technische studiën en ingenieursactiviteiten74203Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en onderdelen daarvan28110Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen45215
Primary activity highlighted.
Names & trade names
Legal nameNL FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS
AbbreviationNL F.A.I.S.
Registered office
Vennen(HRT) 15
2200 Herentals, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.