ACTIVE

FLEX EXPRESS

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Financial year 2025 · closed on 31/12/2025
Net result
1,1 k €
+394.2% YoY
Gross margin
145,5 k €
-7.3% YoY
Equity
50,2 k €
+2.3% YoY

What does FLEX EXPRESS do?

FLEX EXPRESS is a Private company with limited liability incorporated in 2017. Its main activity is: Freight transport by road. Its registered office is in Schaerbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0681.982.452
Incorporation
02/10/2017
Legal form
Private company with limited liability
Registered office
Rue Brichaut 29
1030 Schaerbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
49410Freight transport by road· main49410Freight transport by road
Joint committees (1)
  • 14003
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin145,5 k €157 k €165,4 k €171,6 k €278,9 k €226,3 k €148,9 k €86,5 k €
EBITDA26,1 k €16,4 k €27,7 k €36,8 k €45,1 k €61,1 k €45,8 k €36,1 k €
Operating result10,6 k €6,8 k €5 k €15 k €34,2 k €21,3 k €8,1 k €14,8 k €
Net result1,1 k €224,4 €39,9 €3,9 k €1,9 k €9,9 k €3,4 k €11,1 k €
Balance sheet
Equity50,2 k €49,1 k €48,8 k €48,8 k €44,9 k €43,1 k €33,1 k €29,7 k €
Total assets222,4 k €156,6 k €188,5 k €228,7 k €214,2 k €266,7 k €233,2 k €150,5 k €
Cash5,2 k €7,7 k €4,3 k €4,9 k €2,9 k €1,1 k €1,5 k €827,8 €
Debts172,3 k €107,6 k €139,7 k €179,9 k €169,3 k €223,6 k €200,1 k €120,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Gulsen KAVAK

Director · since 02 octobre 2017

Active

Ended mandates

Gülsen Kavak

Manager · since 02 octobre 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
KUZEY GROUP● Active
0774.688.223
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/08/202618/07/202504/07/202430/10/202326/09/202221/06/2021
General meeting27/06/202628/06/202507/06/202430/06/202324/06/202220/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/06/202610/08/2026FrenchPDF
Micro model31/12/202428/06/202518/07/2025FrenchPDF
Micro model31/12/202307/06/202404/07/2024FrenchPDF
Micro model31/12/202230/06/202330/10/2023FrenchPDF
Micro model31/12/202124/06/202226/09/2022FrenchPDF
Micro model31/12/202020/06/202121/06/2021FrenchPDF
Micro model31/12/201926/06/202028/11/2020FrenchPDF
Micro model31/12/201828/06/201930/09/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 1 ended

Active mandates

Gulsen KAVAK

Director · since 02 octobre 2017

Active

Ended mandates

Gülsen Kavak

Manager · since 02 octobre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/12/2022
    SIEGE SOCIAL
    PDF
  • Mandates17/12/2021
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates15/10/2021
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/02/2019
    SIEGE SOCIAL
    PDF
  • Other04/10/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20251,1 k €↑
  2. 2024
    Annual accounts 2024224,4 €↑
  3. 2023
    Annual accounts 202339,9 €↓
  4. 2022
    Annual accounts 20223,9 k €↑
  5. 2021
    Annual accounts 20211,9 k €↓
  6. 2020
    Annual accounts 20209,9 k €↑
  7. 2019
    Annual accounts 20193,4 k €↓
  8. 2018
    Annual accounts 201811,1 k €
  9. 02/10/2017
    IncorporationPrivate company with limited liability