Summary
RE-Flex has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €966k and a net result of €3k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 81% of 2699 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€966k▲ 0.3%
2024 · €963k
2018: €371klowest in 8 years
2019: €439k▲ +18.4% vs 2018
2020: €518k▲ +17.9% vs 2019
2021: €763k▲ +47.2% vs 2020
2022: €867k▲ +13.7% vs 2021
2023: €942k▲ +8.7% vs 2022
2024: €963k▲ +2.2% vs 2023
2025: €966k▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.21M▼ 0.9%
2024 · €1.22M
2018: €1.29Mhighest in 8 years
2019: €1.12M▼ -13.7% vs 2018
2020: €813k▼ -27.1% vs 2019lowest in 8 years
2021: €1.09M▲ +33.9% vs 2020
2022: €1.19M▲ +9.0% vs 2021
2023: €1.19M▲ +0.2% vs 2022
2024: €1.22M▲ +2.5% vs 2023
2025: €1.21M▼ -0.9% vs 2024
2018 → 2025
Net result
€3k▼ 86.8%
2024 · €21k
2018: €58k
2019: €68k▲ +17.6% vs 2018
2020: €82k▲ +20.6% vs 2019
2021: €245k▲ +197% vs 2020highest in 8 years
2022: €105k▼ -57.3% vs 2021
2023: €75k▼ -28.1% vs 2022
2024: €21k▼ -72.0% vs 2023
2025: €3k▼ -86.8% vs 2024lowest in 8 years
2018 → 2025
Working capital
€166k▼ 81.5%
2024 · €893k
2018: €971khighest in 8 years
2019: €462k▼ -52.4% vs 2018
2020: €513k▲ +11.1% vs 2019
2021: €758k▲ +47.6% vs 2020
2022: €862k▲ +13.8% vs 2021
2023: €854k▼ -1.0% vs 2022
2024: €893k▲ +4.6% vs 2023
2025: €166k▼ -81.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€763k-€867k▲ 13.7%€942k▲ 8.7%€963k▲ 2.2%€966k▲ 0.3%
2021: €763klowest in 5 years
2022: €867k▲ +13.7% vs 2021
2023: €942k▲ +8.7% vs 2022
2024: €963k▲ +2.2% vs 2023
2025: €966k▲ +0.3% vs 2024highest in 5 years
Operating result€361k-€158k▼ 56.3%€97k▼ 38.6%€14k▼ 85.9%€-4k
2021: €361khighest in 5 years
2022: €158k▼ -56.3% vs 2021
2023: €97k▼ -38.6% vs 2022
2024: €14k▼ -85.9% vs 2023
2025: €-4k▼ -127% vs 2024lowest in 5 years
Net result€245k-€105k▼ 57.3%€75k▼ 28.1%€21k▼ 72.0%€3k▼ 86.8%
2021: €245khighest in 5 years
2022: €105k▼ -57.3% vs 2021
2023: €75k▼ -28.1% vs 2022
2024: €21k▼ -72.0% vs 2023
2025: €3k▼ -86.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €14k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€801k ▲ 1,041%
Current assets
€408k ▼ 64.5%
Equity and liabilities €1.21M
Equity
€966k ▲ 0.3%
Debt
€243k ▼ 5.3%
Debt's share of the balance-sheet total falls from 21.0% to 20.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.3%▼
2024 · 2.2%
ROA
0.2%▼
2024 · 1.7%
Debt ≤ 1 year
€243k▼
2024 · €257k
Income taxes
€3k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.21M▼
Fixed assets21/28€70k€801k▲
Tangible fixed assets22/27€70k€50k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€58k€40k▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€375€750k▲
Current assets29/58€1.15M€408k▼
Amounts receivable within one year40/41€25k€20k▼
Trade receivables40€9k€363▼
Other amounts receivable41€16k€19k▲
Current investments50/53€1.00M€148k▼
Cash at bank and in hand54/58€123k€238k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.21M▼
Equity10/15€963k€966k▲
Contributions10/11€19k€19k=
Reserves13€882k€884k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€880k€883k▲
Profit (loss) carried forward14€63k€63k=
Amounts payable17/49€257k€243k▼
Amounts payable within one year42/48€257k€243k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€17k€6k▼
Taxes450/3€17k€3k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€235k€234k▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▼
Other operating charges640/8€968€998▲
Gross operating margin9900€35k€18k▼
Operating profit (loss)9901€14k€-4k▼
Financial income75/76B€28k€12k▼
Recurring financial income75€28k€12k▼
Financial charges65/66B€12k€3k▼
Recurring financial charges65€12k€3k▼
Profit (loss) for the period before taxes9903€30k€6k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€21k€3k▼
Profit (loss) for the period to be appropriated9905€21k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€66k▼
Profit (loss) brought forward from the previous period14P€63k€63k=
Transfer to equity691/2€21k€3k▼
To other reserves6921€21k€3k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €17k | €21k | €21k | ▼ 0.5% |
| Other operating charges640/8 | €868 | €1k | €960 | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | - | €13k | - | - | - | - |
| Gross operating margin9900 | €363k | €174k | €114k | €35k | €18k | ▼ 49.3% |
| Operating profit (loss)9901 | €361k | €158k | €97k | €14k | €-4k | ▼ 127% |
| Financial income75/76B | €110 | €8 | €20k | €28k | €12k | ▼ 57.9% |
| Recurring financial income75 | €110 | €8 | €20k | €28k | €12k | ▼ 57.9% |
| Financial charges65/66B | €9k | €10k | €12k | €12k | €3k | ▼ 77.8% |
| Recurring financial charges65 | €9k | €10k | €12k | €12k | €3k | ▼ 77.8% |
| Non-recurring financial charges66B | - | €100 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €352k | €148k | €105k | €30k | €6k | ▼ 81.3% |
| Income taxes67/77 | €108k | €43k | €30k | €9k | €3k | ▼ 69.0% |
| Profit (loss) for the period9904 | €245k | €105k | €75k | €21k | €3k | ▼ 86.8% |
| Profit (loss) for the period to be appropriated9905 | €245k | €105k | €75k | €21k | €3k | ▼ 86.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.09M | €1.19M | €1.19M | €1.22M | €1.21M | ▼ 0.9% |
| Fixed assets21/28 | €5k | €5k | €89k | €70k | €801k | ▲ 1,041% |
| Tangible fixed assets22/27 | €5k | €5k | €88k | €70k | €50k | ▼ 27.8% |
| Plant, machinery and equipment23 | €2k | €3k | €2k | €2k | €2k | ▼ 10.9% |
| Furniture and vehicles24 | €2k | €1k | €75k | €58k | €40k | ▼ 31.0% |
| Other tangible fixed assets26 | - | - | €11k | €10k | €9k | ▼ 12.1% |
| Financial fixed assets28 | €375 | €375 | €375 | €375 | €750k | ▲ 200,000% |
| Current assets29/58 | €1.08M | €1.18M | €1.10M | €1.15M | €408k | ▼ 64.5% |
| Stocks and contracts in progress3 | €165k | - | - | - | - | - |
| Stocks30/36 | €165k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €23k | €55k | €30k | €25k | €20k | ▼ 19.8% |
| Trade receivables40 | €8k | €32k | €12k | €9k | €363 | ▼ 96.0% |
| Other amounts receivable41 | €15k | €23k | €18k | €16k | €19k | ▲ 25.1% |
| Current investments50/53 | - | - | €1.00M | €1.00M | €148k | ▼ 85.2% |
| Cash at bank and in hand54/58 | €894k | €1.13M | €67k | €123k | €238k | ▲ 94.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | €4k | €2k | €3k | ▲ 14.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.09M | €1.19M | €1.19M | €1.22M | €1.21M | ▼ 0.9% |
| Equity10/15 | €763k | €867k | €942k | €963k | €966k | ▲ 0.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | - | - | - | - |
| Other1109/19 | €19k | €19k | - | - | - | - |
| Reserves13 | €681k | €785k | €861k | €882k | €884k | ▲ 0.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Distributable reserves133 | €679k | €784k | €859k | €880k | €883k | ▲ 0.3% |
| Profit (loss) carried forward14 | €63k | €63k | €63k | €63k | €63k | = |
| Amounts payable17/49 | €326k | €320k | €248k | €257k | €243k | ▼ 5.3% |
| Amounts payable within one year42/48 | €326k | €320k | €248k | €257k | €243k | ▼ 5.4% |
| Trade debts44 | €8k | €6k | €12k | €5k | €3k | ▼ 32.4% |
| Suppliers440/4 | €8k | €6k | €12k | €5k | €3k | ▼ 32.4% |
| Taxes, remuneration and social security45 | €40k | €23k | €12k | €17k | €6k | ▼ 65.5% |
| Taxes450/3 | €37k | €23k | €12k | €17k | €3k | ▼ 80.6% |
| Remuneration and social security454/9 | €3k | - | - | - | €3k | - |
| Other amounts payable47/48 | €279k | €291k | €224k | €235k | €234k | ▼ 0.7% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €245k | €105k | €75k | €21k | €3k | ▼ 86.8% |
| + Depreciation and write-downs630 | €1k | €1k | €17k | €21k | €21k | ▼ 0.5% |
| Operating cash flow (approximation) | €246k | €106k | €92k | €42k | €23k | ▼ 43.9% |
| Investment in fixed assets (approximation) | - | €-2k | €-100k | €-2k | €-751k | ▼ 32,176% |
| Change in cash | - | €231k | €-1.06M | €55k | €115k | ▲ 109% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼86.8%
Net result drops to €3k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €245k ▲197%
Operating result €361k, net result €245k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €500kEq €518k ▲17.9%
3 profitable years in a row build equity to €518k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Londerzeel · 1 establishment unit since 2012
Ground area
1,237 m²
Building footprint
107 m²
Volume, LiDAR
639 m³
Parcel 23045F0192/00D000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RE-Flex
since 20122.218.459.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045F0192/00D000 | Flanders | 1,237 m² | 1 · 106 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500C90L1ND637F040
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 8,717 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
Founded10-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.