Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
FLEXIMEAT from Herk-de-Stad, company number BE0457080826, closed financial year 2025 with a result of € -13,252 after tax. For that financial year FLEXIMEAT recorded a gross margin of € 23,870 and equity of € -29,309. Compared with financial year 2024, the result moved from € 25,174 to € -13,252. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ -29,309
▼ € 13,253 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,252
▼ still € 25,174 profit in 2024
Profit after tax over the fiscal year.
€ 3,104
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,901.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,471
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,502
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,372
▼ 47% vs 2024
Loans from banks and other lenders, long and short.
€ 52,759
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,747
▼ 43% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,082 | € 24,947 | € 62,180 | € 23,870 | ▼ 62% |
| Profit after taxes | € -18,280 | € -10,563 | € 25,174 | € -13,252 | ▼ € 38,427 |
| Equity | € -30,668 | € -41,230 | € -16,056 | € -29,309 | ▼ € 13,253 |
| Total debts | € 90,072 | € 97,185 | € 70,643 | € 60,699 | ▼ 14% |
| Cash | € 4,272 | € 6,511 | € 16,744 | € 3,104 | ▼ 81% |
| Retained profit | € -49,260 | € -59,822 | € -34,648 | € -47,901 | ▼ € 13,253 |
| Bank debt | € 27,066 | € 17,669 | € 8,259 | € 4,372 | ▼ 47% |
| Balance sheet total | € 59,404 | € 55,954 | € 54,587 | € 31,390 | ▼ 42% |
Key figures of FLEXIMEAT, 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 FLEXIMEAT?
What happened at FLEXIMEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FLEXIMEAT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 13,253 (▼ € 38,427 vs 2024). filed late Source: NBB ↗
- Michel Borgers became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,280 loss in 2022 to € 13,253 loss in 2025.
Best year ever: 2024, with € 25,174 profit.
Management
Behind FLEXIMEAT is Michel Borgers.
Directors
According to the 2025 annual accounts
Michel Borgers
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Bosstraat 30
3540 Herk-de-Stad
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.080.826
- VAT number
- BE 0457.080.826
- Registered office
- Bosstraat 30, 3540 Herk-de-Stad
- Names & denominations
- FLEXIMEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 25 January 1996
- Peppol
- Active · Active since 15 Jul 2024
- Activities · NACE
Markt- en straathandel in voedingsmiddelen
Detailhandel in groenten en fruit
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Markt- en straathandel in voedings- en genotmiddelen
Groothandel in zuivelproducten en eieren
Groothandel in zuivelproducten, eieren, spijsoliën en -vetten