ACTIVE

Flex-Rentals

Financial year 2025 · closed on 31/12/2025
Net result
33,9 k €
-82.9% YoY
Gross margin
405,5 k €
-24.3% YoY
Equity
144,8 k €
+3.5% YoY
Workforce
4,6 ETP
+27.8% YoY

What does Flex-Rentals do?

Flex-Rentals is a Private limited company incorporated in 2019. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Brugge. It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.966.714
Incorporation
10/10/2019
Legal form
Private limited company
Registered office
Ezelstraat 63 box 1
8000 Brugge · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Average workforce
4,6 ETP
Joint committees (1)
  • 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin405,5 k €535,4 k €537,1 k €86,4 k €71,4 k €21,9 k €
EBITDA93,1 k €329,2 k €426,6 k €53,6 k €63,8 k €16,5 k €
Operating result35,4 k €256,9 k €333,8 k €20,6 k €41,4 k €7,9 k €
Net result33,9 k €197,9 k €274,5 k €9,6 k €16,6 k €6,3 k €
Balance sheet
Equity144,8 k €139,8 k €135 k €35,5 k €25,9 k €9,3 k €
Total assets782,4 k €822,8 k €884,3 k €705,1 k €692,2 k €245,6 k €
Cash16,5 k €2,7 k €26 k €65,1 €10,7 k €
Debts630,3 k €681,4 k €749,1 k €669,6 k €666,3 k €236,3 k €
Other
Workforce4,6 ETP3,6 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

JRI Group

Director · since 31 juillet 2023 · 0665.849.867

Represented by Nick Roels

Active
Rik Roels

Director · since 01 septembre 2020 · until 01 avril 2025

Active

Ended mandates

Rik Roels

Director · since 01 septembre 2020

Ended
Nick Roels

Director · since 10 octobre 2019

Ended
Nick Roels

Director · until 31 juillet 2023

Ended
Nick Roels

Administrator - manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Flex GroupActive
1010.290.236
JRI GroupActive
0665.849.867
ROECOO InvestActive
0789.979.975
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202114/10/2019
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 months15 months
Filing date21/09/202602/10/202504/10/202420/06/202318/07/202228/07/2021
General meeting08/09/202617/09/202520/09/202416/06/202317/06/202218/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/09/202621/09/2026DutchPDF
Abridged model31/12/202417/09/202502/10/2025DutchPDF
Abridged model31/12/202320/09/202404/10/2024DutchPDF
Micro model31/12/202216/06/202320/06/2023DutchPDF
Micro model31/12/202117/06/202218/07/2022DutchPDF
Micro model31/12/202018/06/202128/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 2 active · 4 ended

Active mandates

JRI Group

Director · since 31 juillet 2023 · 0665.849.867

Represented by Nick Roels

Active
Rik Roels

Director · since 01 septembre 2020 · until 01 avril 2025

Active

Ended mandates

Rik Roels

Director · since 01 septembre 2020

Ended
Nick Roels

Director · since 10 octobre 2019

Ended
Nick Roels

Director · until 31 juillet 2023

Ended
Nick Roels

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Other23/10/2020
    DIVERSEN
    PDF
  • Mandates11/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/10/2019
    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.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202533,9 k €
  2. 2024
    Annual accounts 2024197,9 k €
  3. 2023
    Annual accounts 2023274,5 k €
  4. 2023
    Name changeFlex-Rentals
  5. 2022
    Annual accounts 20229,6 k €
  6. 2021
    Annual accounts 202116,6 k €
  7. 2021
    Name changeJRI GROUP
  8. 2020
    Annual accounts 20206,3 k €
  9. 10/10/2019
    IncorporationPrivate limited company