ACTIVE

FLEX

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Financial year 2025 · closed on 30/09/2025
Net result
-13,9 k €
-314.4% YoY
Gross margin
-8,4 k €
-225.8% YoY
Equity
230,5 k €
-5.7% YoY

What does FLEX do?

FLEX is a Private company with limited liability incorporated in 1991. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Dendermonde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0444.484.286
Incorporation
01/07/1991
Legal form
Private company with limited liability
Registered office
Fabriekstraat (BAA) 37
9200 Dendermonde · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720112010200920082007
Income statement
Gross margin-8,4 k €6,7 k €18,5 k €14,0 k €10,6 k €40,4 k €7,6 k €-2,1 k €11,2 k €-17,9 k €-3,5 k €4,4 k €20,3 k €19,0 k €
EBITDA-9,2 k €4,6 k €13,0 k €12,3 k €8,8 k €38,6 k €5,9 k €-5,2 k €5,8 k €-19,5 k €-4,6 k €3,6 k €19,6 k €18,2 k €
Operating result-9,2 k €4,2 k €12,8 k €12,3 k €8,8 k €38,6 k €4,9 k €-9,0 k €3,2 k €-20,7 k €-6,1 k €2,9 k €19,1 k €17,7 k €
Net result-13,9 k €-3,4 k €784,6 €6,7 k €4,1 k €29,8 k €3,1 k €-9,2 k €-11,6 k €-7,4 k €7,8 k €5,5 k €22,8 k €13,7 k €
Balance sheet
Equity230,5 k €244,4 k €247,7 k €246,9 k €240,3 k €236,2 k €231,4 k €228,3 k €237,5 k €228,4 k €235,8 k €228,1 k €222,5 k €199,7 k €
Total assets427,4 k €448,6 k €461,8 k €462,3 k €407,6 k €429,3 k €390,3 k €391,0 k €387,1 k €382,8 k €350,9 k €346,7 k €335,4 k €345,4 k €
Cash736,4 €851,6 €161,2 €9,6 k €1,3 k €28,0 k €1,0 k €4,6 k €3,1 k €89,4 €358,5 €422,6 €184,9 €168,4 €
Debts196,9 k €204,2 k €214,1 k €215,4 k €167,3 k €193,1 k €158,9 k €162,7 k €149,6 k €154,4 k €115,1 k €118,6 k €109,4 k €143,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

ARGUS INVEST BELGIUM

Director · 0864.910.495

Active
EDWIN NIEUWENBURG

Director

Active

Ended mandates

Edwin Nieuwenburg

Director · since 24 juin 1991

Ended
Edwin Nieuwenburg

Manager · since 24 juin 1991

Ended
ARGUS INVEST BELGIUM

Director · 0864.910.495

Represented by Edwin Nieuwenburg

Ended
ARGUS INVEST BELGIUM

Director · 0864.910.495

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/05/202628/04/202507/05/202416/05/202325/04/202230/04/2021
General meeting31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202531/03/202605/05/2026DutchPDF
Micro model30/09/202431/03/202528/04/2025DutchPDF
Micro model30/09/202331/03/202407/05/2024DutchPDF
Micro model30/09/202231/03/202316/05/2023DutchPDF
Micro model30/09/202131/03/202225/04/2022DutchPDF
Micro model30/09/202031/03/202130/04/2021DutchPDF
Micro model30/09/201927/04/202019/05/2020DutchPDF
Micro model30/09/201829/03/201929/04/2019DutchPDF
Micro model30/09/201712/03/201809/04/2018DutchPDF
Abridged model30/09/201613/03/201728/04/2017DutchPDF
Abridged model30/09/201514/03/201614/04/2016DutchPDF
Abridged model30/09/201409/03/201523/04/2015DutchPDF
Abridged model30/09/201310/03/201407/04/2014DutchPDF
Abridged model30/09/201210/03/201428/03/2014DutchPDF
Abridged model30/09/201120/09/201217/10/2012DutchPDF
Abridged model30/09/201014/03/201131/05/2011DutchPDF
Abridged model30/09/200908/03/201028/04/2010DutchPDF
Abridged model30/09/200809/03/200930/04/2009DutchPDF
Abridged model30/09/200710/03/200809/04/2008DutchPDF
Abridged model30/09/200612/03/200723/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

ARGUS INVEST BELGIUM

Director · 0864.910.495

Active
EDWIN NIEUWENBURG

Director

Active

Ended mandates

Edwin Nieuwenburg

Director · since 24 juin 1991

Ended
Edwin Nieuwenburg

Manager · since 24 juin 1991

Ended
ARGUS INVEST BELGIUM

Director · 0864.910.495

Represented by Edwin Nieuwenburg

Ended
ARGUS INVEST BELGIUM

Director · 0864.910.495

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office13/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/06/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office05/08/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/11/2007
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-13,9 k €↓
  2. 2024
    Annual accounts 2024-3,4 k €↓
  3. 2023
    Annual accounts 2023784,6 €↓
  4. 2022
    Annual accounts 20226,7 k €↑
  5. 2021
    Annual accounts 20214,1 k €↓
  6. 2020
    Annual accounts 202029,8 k €↑
  7. 2019
    Annual accounts 20193,1 k €↑
  8. 2018
    Annual accounts 2018-9,2 k €↑
  9. 2017
    Annual accounts 2017-11,6 k €↓
  10. 2011
    Annual accounts 2011-7,4 k €↓
  11. 2010
    Annual accounts 20107,8 k €↑
  12. 2009
    Annual accounts 20095,5 k €↓
  13. 2008
    Annual accounts 200822,8 k €↑
  14. 2007
    Annual accounts 200713,7 k €
  15. 01/07/1991
    IncorporationPrivate company with limited liability