OPENING OF BANKRUPTCY

FLEX Insurance

Financial year 2022 · closed on 31/12/2022
Net result
214,3 €
-90.2% YoY
Gross margin
563,1 €
-82.0% YoY
Equity
-6,5 k €
+3.2% YoY

Company — Opening of bankruptcy.

What does FLEX Insurance do?

FLEX Insurance is a Private limited company incorporated in 2019. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0732.584.283
Incorporation
13/08/2019
Legal form
Private limited company
Registered office
Arthur Matthyslaan 62
2140 Antwerpen · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2022
Contacts
5 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202220212020
Income statement
Gross margin563,1 €3,1 k €-16,9 k €
EBITDA563,1 €3,1 k €-18,4 k €
Operating result563,1 €3,1 k €-18,4 k €
Net result214,3 €2,2 k €-18,9 k €
Balance sheet
Equity-6,5 k €-6,7 k €-8,9 k €
Total assets407,8 €
Debts6,5 k €6,7 k €9,3 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 3 ended

Active mandates

Nordin SEBAOUI

Director · since 12 août 2019 · until 17 mars 2023

Active

Ended mandates

Bilal EL MAKHTARI

Director · since 13 août 2019 · until 01 juillet 2020

Ended
Nordin SEBAOUI

Director · since 13 août 2019

Ended
Nordin SEBAOUI

Director

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202220212020
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202113/08/2019
Closing of the financial year31/12/202231/12/202131/12/2020
Length of the financial year12 months12 months17 months
Filing date30/01/202329/09/202227/10/2021
General meeting17/01/202301/09/202215/10/2021
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202217/01/202330/01/2023DutchPDF
Micro model31/12/202101/09/202229/09/2022DutchPDF
Micro model31/12/202015/10/202127/10/2021DutchPDF
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.

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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 31/12/2022 · 1 active · 3 ended

Active mandates

Nordin SEBAOUI

Director · since 12 août 2019 · until 17 mars 2023

Active

Ended mandates

Bilal EL MAKHTARI

Director · since 13 août 2019 · until 01 juillet 2020

Ended
Nordin SEBAOUI

Director · since 13 août 2019

Ended
Nordin SEBAOUI

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/08/2019
    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.

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Timeline

  1. 2022
    Annual accounts 2022214,3 €
  2. 2021
    Annual accounts 20212,2 k €
  3. 2020
    Annual accounts 2020-18,9 k €
  4. 13/08/2019
    IncorporationPrivate limited company