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FLEXCARE

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0746.379.960

A bankruptcy procedure is open for FLEXCARE according to publications in the Belgian State Gazette; curator: MIEKE VERPLANCKE.

Summary

The 2020 annual accounts show equity of €51k and a net result of €46k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€51k
Total assets
€134k
Net result
€46k
Working capital
€50k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €134k
Fixed assets €22k
Current assets €112k
Equity and liabilities €134k
Equity €51k
Debt €83k
Debt finances 61.9% of the balance-sheet total.
Key figures and ratios
2020 value
EBITDA
€62k
Cash flow
€48k
Current ratio
1.81
Debt to equity
1.63
ROE
90.2%
ROA
34.3%
Interest coverage
170.10
Debt ≤ 1 year
€62k
Income taxes
€14k
Staff costs
€71k
Filed annual accounts As filed with the NBB · 2020 · 38 lines
Balance sheet Code2020
Assets
Total assets20/58€134k
Fixed assets21/28€22k
Tangible fixed assets22/27€22k
Plant, machinery and equipment23€2k
Furniture and vehicles24€3k
Other tangible fixed assets26€16k
Current assets29/58€112k
Amounts receivable within one year40/41€103k
Trade receivables40€70k
Other amounts receivable41€33k
Cash at bank and in hand54/58€7k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€134k
Equity10/15€51k
Contributions10/11€5k
Profit (loss) carried forward14€46k
Amounts payable17/49€83k
Amounts payable within one year42/48€62k
Trade debts44€13k
Suppliers440/4€13k
Taxes, remuneration and social security45€49k
Taxes450/3€18k
Remuneration and social security454/9€32k
Accrued charges and deferred income492/3€21k
Income statement Code2020
Remuneration, social security and pensions62€71k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€166
Gross operating margin9900€133k
Operating profit (loss)9901€60k
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€367
Recurring financial charges65€367
Profit (loss) for the period before taxes9903€60k
Income taxes67/77€14k
Profit (loss) for the period9904€46k
Profit (loss) for the period to be appropriated9905€46k
Appropriation of the result
Profit (loss) to be appropriated9906€46k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2022
26-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-09-2022
23-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 296 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Eeklo · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,932 m²
Building footprint
290 m²
Volume, LiDAR
1,647 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FLEXCARE
Human health activities
since 20202.307.981.178
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43005D0356/00D000 Flanders 1,813 m² 1 · 172 m² 7.9 m · 2 fl.
43007C0570/00R000
ProtectedTownscape or village viewDorpskom KaprijkeSource ↗
Flanders 119 m² 1 · 118 m² 10.6 m · 3 fl.
Linked by address, not proof of ownership
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Insolvency mandates

1 mandate
Role Name Tenure
Curator MIEKE VERPLANCKE
ZUIDSTATIONSTRAAT 34-36, 9000 GENT
20-09-2022 → present

Similar companies · same sector, comparable size

Of 5,984 companies in sector 86940 we hold annual accounts for 1,808. 1,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86940Nursing and midwifery
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.