OPENING OF BANKRUPTCY

Flex-C

Financial year 2023 · closed on 31/12/2023
Net result
18,6 k €
+136.6% YoY
Gross margin
227,8 k €
+49.2% YoY
Equity
28,6 k €
+186.7% YoY
Workforce
0,0 ETP

Company — Opening of bankruptcy.

What does Flex-C do?

Flex-C is a Private limited company incorporated in 2018. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Gent.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0689.537.267
Incorporation
30/01/2018
Legal form
Private limited company
Registered office
Gaston Crommenlaan 8
9050 Gent · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2023
Average workforce
0,0 ETP
Joint committees (2)
  • 14901
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202320222021
Income statement
Gross margin227,8 k €152,7 k €214,7 k €
EBITDA48,8 k €-29,6 k €5,8 k €
Operating result41 k €-39 k €-3,8 k €
Net result18,6 k €-50,9 k €-14,4 k €
Balance sheet
Equity28,6 k €10 k €60,9 k €
Total assets544 k €499,4 k €439,9 k €
Cash2,2 k €9,2 k €21,4 k €
Debts515,5 k €489,4 k €379,1 k €
Other
Workforce0,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 4 ended

Active mandates

Geert Louis De Rycke

Director · since 19 décembre 2023

Active

Ended mandates

GEERT DE RYCKE

Bestuurder · since 26 janvier 2018

Ended
GEERT DE RYCKE

Director · since 26 janvier 2018

Ended
GEERT DE RYCKE

Manager · since 26 janvier 2018

Ended
Geert Louis De Rycke

Director · since 26 janvier 2018

Ended
At this address

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Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202421/01/202408/07/202224/08/202115/07/202019/07/2019
General meeting27/08/202420/01/202421/06/202215/06/202116/06/202018/06/2019
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202327/08/202428/08/2024DutchPDF
Micro model31/12/202220/01/202421/01/2024DutchPDF
Micro model31/12/202121/06/202208/07/2022DutchPDF
Micro model31/12/202015/06/202124/08/2021DutchPDF
Micro model31/12/201916/06/202015/07/2020DutchPDF
Micro model31/12/201818/06/201919/07/2019DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 1 active · 4 ended

Active mandates

Geert Louis De Rycke

Director · since 19 décembre 2023

Active

Ended mandates

GEERT DE RYCKE

Bestuurder · since 26 janvier 2018

Ended
GEERT DE RYCKE

Director · since 26 janvier 2018

Ended
GEERT DE RYCKE

Manager · since 26 janvier 2018

Ended
Geert Louis De Rycke

Director · since 26 janvier 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other01/02/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2023
    Annual accounts 202318,6 k €
  2. 2022
    Annual accounts 2022-50,9 k €
  3. 2021
    Annual accounts 2021-14,4 k €
  4. 30/01/2018
    IncorporationPrivate limited company