FLEX is a metalworking company in Nivelles. Private Limited, started on 8 January 1974, 2 establishments.

What is the address of FLEX?

The registered office of FLEX is located at Avenue Robert Schuman 191, 1401 Nivelles.

Is FLEX still active?

Yes. According to the CBE (29 October 2026) FLEX is active, legal situation “Normale toestand”, started on 8 January 1974.

Is FLEX registered on Peppol?

Yes, FLEX is registered on the Peppol network with ID 0208:0413795961.

What is the enterprise number of FLEX?

The enterprise number of FLEX is BE0413795961.

When was FLEX founded?

FLEX was founded on 8 January 1974.

Who are the directors of FLEX?

According to the 2025 annual accounts, the directors of FLEX are: SPARAXIS, Adessias, Passard, ADEGO, STEDEM, François-Valery LECOMTE.

Is FLEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 January 1974; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account; 2 establishments in the CBE.

How much profit did FLEX make in 2025?

FLEX posted a profit after taxes of € 80,581 in financial year 2025.

What is the revenue of FLEX?

As a small company, FLEX is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,174,215.

How much does an employee at FLEX earn?

The average wage cost per full-time employee at FLEX was € 66,900 in 2025: staff costs of € 709,254 for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FLEX have?

According to the 2025 annual accounts, FLEX has 10.6 full-time equivalents (FTE).

Does FLEX have a website?

Yes, FLEX has a website at flex1848.be.

FLEX (Private Limited) - Nivelles - BE0413795961

Dossier FLEX, printed on 29 October 2026 from databakkes.be/en/0413795961/flex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 19.4 to 10.6.

Financials

Financial year 2025

FLEX from Nivelles, company number BE0413795961, closed financial year 2025 with a result of € 80,581 after tax. For that financial year FLEX recorded a gross margin of € 1.2 million and equity of € 963,190. Compared with financial year 2024, the result moved from € -314,191 to € 80,581. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.

What it is worth Growing

€ 963,190

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 80,581

▲ still € 314,191 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 223,538

▲ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -1.1 million.

People and assets in 2025

Full-time equivalents

10.6

▼ 6.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 709,254

▼ 30% vs 2024

€ 66,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 57,185

▼ 69% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.1 million

▼ 21% vs 2024

€ 289,930 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 976,988

▲ 61% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 64,241

▼ 59% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,669,536 Gross margin 2022: € 1,669,536 First fiscal year in the series	€ 602,644 Gross margin 2023: € 602,644 ▼ 64% vs 2022 (€ 1,669,536) Unfavourable step	€ 1,134,658 Gross margin 2024: € 1,134,658 ▲ 88% vs 2023 (€ 602,644) Favourable step	€ 1,174,215 Gross margin 2025: € 1,174,215 ▲ 3% vs 2024 (€ 1,134,658) Favourable step	▲ 3%
Profit after taxes	€ 151,964 Profit after taxes 2022: € 151,964 First fiscal year in the series	€ -1,114,061 Profit after taxes 2023: € -1,114,061 ▼ € 1.3 million vs 2022 (€ 151,964) Unfavourable step	€ -314,191 Profit after taxes 2024: € -314,191 ▲ € 799,870 vs 2023 (€ -1,114,061) Favourable step	€ 80,581 Profit after taxes 2025: € 80,581 ▲ € 394,772 vs 2024 (€ -314,191) Favourable step	▲ € 394,772
Equity	€ 464,293 Equity 2022: € 464,293 First fiscal year in the series	€ 580,628 Equity 2023: € 580,628 ▲ 25% vs 2022 (€ 464,293) Favourable step	€ 894,793 Equity 2024: € 894,793 ▲ 54% vs 2023 (€ 580,628) Favourable step	€ 963,190 Equity 2025: € 963,190 ▲ 8% vs 2024 (€ 894,793) Favourable step	▲ 8%
Total debts	€ 4,289,755 Total debts 2022: € 4,289,755 First fiscal year in the series	€ 4,680,366 Total debts 2023: € 4,680,366 ▲ 9% vs 2022 (€ 4,289,755) Unfavourable step	€ 4,123,095 Total debts 2024: € 4,123,095 ▼ 12% vs 2023 (€ 4,680,366) Favourable step	€ 3,692,923 Total debts 2025: € 3,692,923 ▼ 10% vs 2024 (€ 4,123,095) Favourable step	▼ 10%
Cash	€ 257,955 Cash 2022: € 257,955 First fiscal year in the series	€ 123,267 Cash 2023: € 123,267 ▼ 52% vs 2022 (€ 257,955) Unfavourable step	€ 208,523 Cash 2024: € 208,523 ▲ 69% vs 2023 (€ 123,267) Favourable step	€ 223,538 Cash 2025: € 223,538 ▲ 7% vs 2024 (€ 208,523) Favourable step	▲ 7%
Land & buildings	€ 1,989,259 Land & buildings 2022: € 1,989,259 First fiscal year in the series	€ 2,066,276 Land & buildings 2023: € 2,066,276 ▲ 4% vs 2022 (€ 1,989,259) Unchanged	€ 2,007,218 Land & buildings 2024: € 2,007,218 ▼ 3% vs 2023 (€ 2,066,276) Unchanged	€ 1,942,330 Land & buildings 2025: € 1,942,330 ▼ 3% vs 2024 (€ 2,007,218) Unchanged	▼ 3%
Retained profit	€ 232,581 Retained profit 2022: € 232,581 First fiscal year in the series	€ -881,491 Retained profit 2023: € -881,491 ▼ € 1.1 million vs 2022 (€ 232,581) Unfavourable step	€ -1,195,682 Retained profit 2024: € -1,195,682 ▼ € 314,191 vs 2023 (€ -881,491) Unfavourable step	€ -1,122,840 Retained profit 2025: € -1,122,840 ▲ € 72,842 vs 2024 (€ -1,195,682) Favourable step	▲ € 72,842
Bank debt	€ 1,758,648 Bank debt 2022: € 1,758,648 First fiscal year in the series	€ 2,541,589 Bank debt 2023: € 2,541,589 ▲ 45% vs 2022 (€ 1,758,648) Unfavourable step	€ 2,679,721 Bank debt 2024: € 2,679,721 ▲ 5% vs 2023 (€ 2,541,589) Unfavourable step	€ 2,129,915 Bank debt 2025: € 2,129,915 ▼ 21% vs 2024 (€ 2,679,721) Favourable step	▼ 21%
Balance sheet total	€ 4,754,048 Balance sheet total 2022: € 4,754,048 First fiscal year in the series	€ 5,260,993 Balance sheet total 2023: € 5,260,993 ▲ 11% vs 2022 (€ 4,754,048) Unchanged	€ 5,088,505 Balance sheet total 2024: € 5,088,505 ▼ 3% vs 2023 (€ 5,260,993) Unchanged	€ 4,722,994 Balance sheet total 2025: € 4,722,994 ▼ 7% vs 2024 (€ 5,088,505) Unchanged	▼ 7%
Employees (FTE)	18.4 Employees (FTE) 2022: 18.4 First fiscal year in the series	19.4 Employees (FTE) 2023: 19.4 ▲ 1 vs 2022 (18.4) Unchanged	16.8 Employees (FTE) 2024: 16.8 ▼ 2.6 vs 2023 (19.4) Unchanged	10.6 Employees (FTE) 2025: 10.6 ▼ 6.2 vs 2024 (16.8) Unchanged	▼ 6.2

Key figures of FLEX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to FLEX?

What happened at FLEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 80,581. Source: NBB ↗
2024 SPARAXIS became a director. NBB
2024 ADEGO became a director. NBB
2024 STEDEM became a director. NBB
2024 François-Valery LECOMTE became a director. NBB
2023 Adessias became a director. NBB
Apr 15, 2021 New establishment in Nivelles. KBO
Apr 1, 2021 New establishment in Ukkel. KBO

In short

From € 151,964 profit in 2022 to € 80,581 profit in 2025.

Paid € 26,535 in corporate taxes since 2022.

Best year ever: 2022, with € 151,964 profit.

On average € 110,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SPARAXIS Adessias Passard ADEGO +2

C.P. Bourg

A.M.B.

OUTDOOR LIVING CONCEPT

FLEX

+230

Behind FLEX are SPARAXIS, Adessias, Passard, ADEGO, STEDEM and François-Valery LECOMTE. SPARAXIS is also behind C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine and Floridienne. Adessias is also behind OUTDOOR LIVING CONCEPT. Passard is also behind OUTDOOR LIVING CONCEPT.

Directors

According to the 2025 annual accounts

SPARAXIS

Director · represented by Béatrice Allie

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more

since 2024

Adessias

Director · represented by Jean-Marc Angelini

Also active at: OUTDOOR LIVING CONCEPT

since 2023

Passard

Director · represented by Quentin Passagez

Also active at: OUTDOOR LIVING CONCEPT

since 2021

ADEGO

Director · represented by Etienne Michaelis

since 2024

STEDEM

Director · represented by Stéphane Gatot

since 2024

François-Valery LECOMTE

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Robert Schuman 191

1401 Nivelles

2.317.079.976

Waterloosesteenweg 1384

1180 Ukkel

Active since 1 April 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

OUTDOOR LIVING CONCEPT same network

€ 30,300 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS flex1848.be

Technologies

AOSApacheBootstrapFont AwesomeMatomoPHPSwiperjQueryjQuery UIreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

DNS

OVH DNS

Website info

HTTPS Ja

Languages FR

Features

Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0413.795.961

VAT number

BE 0413.795.961

Registered office

Avenue Robert Schuman 191, 1401 Nivelles

Names & denominations

FLEX

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 January 1974

Peppol

Active · Active since 5 Dec 2025

Contact

flex1848.be

Activities · NACE

Vervaardiging van metalen deuren en vensters

Vervaardiging van metalen ramen, deuren, wanden en dergelijke

Vervaardiging van ander schrijn- en timmerwerk

Metaalschrijnwerk

Schrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

FLEX

Warning lights

Financials

What happened to FLEX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions