FLEXI CONSTRUCT
ActiveThe file of FLEXI CONSTRUCT contains 1 historical bankruptcy publication, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 3.0% (moderate). The 2024 annual accounts show equity of €51k and a net result of €50k. Its solvency ranks better than 26% of 36375 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes
Profitability99
Solvency49
Growth-
Track record64
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.32; short-term debt: 75.5% and cash: 0% of total assets), and 75.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.5%
Return on assets
24%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-03-2026, 232 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
232 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€51k
Total assets
€206k
Net result
€50k
Working capital
€51k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €206k
Equity
€51k
Debt
€156k
Debt finances 75.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€51k
Cash flow
€51k
Current ratio
1.32
Debt to equity
3.09
ROE
98.0%
ROA
24.0%
Interest coverage
914.11
Debt ≤ 1 year
€156k
Filed annual accounts As filed with the NBB · 2024 · 25 lines
Balance sheet
Code2024
Assets
Total assets20/58€206k
Current assets29/58€206k
Amounts receivable within one year40/41€206k
Trade receivables40€205k
Other amounts receivable41€1k
Cash at bank and in hand54/58€12
Equity and liabilities
Total equity and liabilities10/49€206k
Equity10/15€51k
Contributions10/11€1k
Profit (loss) carried forward14€50k
Amounts payable17/49€156k
Amounts payable within one year42/48€156k
Trade debts44€1k
Suppliers440/4€1k
Other amounts payable47/48€155k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€55
Gross operating margin9900€51k
Operating profit (loss)9901€50k
Financial charges65/66B€55
Recurring financial charges65€55
Profit (loss) for the period before taxes9903€50k
Profit (loss) for the period9904€50k
Profit (loss) for the period to be appropriated9905€50k
Appropriation of the result
Profit (loss) to be appropriated9906€50k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k |
| Other operating charges640/8 | €55 |
| Gross operating margin9900 | €51k |
| Operating profit (loss)9901 | €50k |
| Financial charges65/66B | €55 |
| Recurring financial charges65 | €55 |
| Profit (loss) for the period before taxes9903 | €50k |
| Profit (loss) for the period9904 | €50k |
| Profit (loss) for the period to be appropriated9905 | €50k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €206k | |
| Current assets29/58 | €206k | |
| Amounts receivable within one year40/41 | €206k | |
| Trade receivables40 | €205k | |
| Other amounts receivable41 | €1k | |
| Cash at bank and in hand54/58 | €12 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €206k | |
| Equity10/15 | €51k | |
| Contributions10/11 | €1k | |
| Profit (loss) carried forward14 | €50k | |
| Amounts payable17/49 | €156k | |
| Amounts payable within one year42/48 | €156k | |
| Trade debts44 | €1k | |
| Suppliers440/4 | €1k | |
| Other amounts payable47/48 | €155k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €50k |
| + Depreciation and write-downs630 | €1k |
| Operating cash flow (approximation) | €51k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 232 days late
2024
27-12
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zaventem · 1 establishment unit since 2023
Ground area
7,055 m²
Building footprint
1,487 m²
Volume, LiDAR
14,271 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
280
companies at this address
See who is registered here
1 establishment unit
FLEXI CONSTRUCT
since 20232.350.048.001
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 23095B0028/00C003 | Flanders | 1,619 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HisomWorks
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RENO-BOUW
BE 0818.717.612
Merelbeke-Melle · Eq €50,519
MAXIMISE
BE 0742.675.154
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LENO CONSTRUCT
BE 0874.655.334
Sint-Gillis (bij-Brussel) · Eq €50,549
DIMITRI RENOVATION
BE 0777.638.013
Overijse · Eq €50,426
Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,099 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
23700Cutting, shaping and finishing of stone
41003General construction of other non-residential buildings
43110Demolition
43221Plumbing work
43410Roofing work
Contact
E-mail
flexiconstructsrl@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.