Bankrupt · Opening faillissement (CBE)

FLEX MS

BE0674530575

Rechtspersoon Private limited company 1 establishment

FLEX MS is a construction company in Antwerpen. Private Limited, started on 13 April 2017, 1 establishment.

Ingenieur Stasstraat 1 GLV, 2100 Antwerpen

Behind the company: Mohamad Mahdi.

Start date

13 April 2017

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 48 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

FLEX MS from Antwerpen, company number BE0674530575, closed financial year 2022 with a result of € 2,776 after tax. For that financial year FLEX MS recorded a gross margin of € 4,943 and equity of € 26,801. Compared with financial year 2021, the result moved from € 3,119 to € 2,776. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2023.

What it is worth Growing

€ 26,801

▲ 12% vs 2021

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

Profit Healthy

€ 2,776

▼ 11% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 3,887

▲ 31% vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 8,201.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 42,810

▲ € 40,931 vs 2021

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

Taxes

€ 3,275

▲ 30% vs 2021

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 6,853 € 4,943 ▼ 28%
Profit after taxes € 3,119 € 2,776 ▼ 11%
Equity € 24,025 € 26,801 ▲ 12%
Total debts € 6,201 € 97,116 ▲ € 90,915
Cash € 2,963 € 3,887 ▲ 31%
Retained profit € 5,425 € 8,201 ▲ 51%
Balance sheet total € 30,226 € 123,917 ▲ € 93,691

Key figures of FLEX MS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to FLEX MS?

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

FLEX MS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 2,776 (▼ 11% vs 2021). filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 3,119 profit in 2021 to € 2,776 profit in 2022.

Paid € 2,044 in corporate taxes since 2021.

Best year ever: 2021, with € 3,119 profit.

Management

Mohamad Mahdi
FLEX MS

Behind FLEX MS is Mohamad Mahdi.

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Directors

According to the 2022 annual accounts

Mohamad Mahdi

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Ingenieur Stasstraat 1 GLV

2100 Antwerpen

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

Details

Company number
0674.530.575
VAT number
BE 0674.530.575
Registered office
Ingenieur Stasstraat 1 GLV, 2100 Antwerpen
Names & denominations
FLEX MS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
13 April 2017
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does FLEX MS do?
FLEX MS is a construction company in Antwerpen. Private Limited, started on 13 April 2017, 1 establishment.
What is the address of FLEX MS?
The registered office of FLEX MS is located at Ingenieur Stasstraat 1 GLV, 2100 Antwerpen.
Is FLEX MS still active?
No. The CBE lists FLEX MS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is FLEX MS registered on Peppol?
No, FLEX MS is currently not registered on the Peppol network.
What is the enterprise number of FLEX MS?
The enterprise number of FLEX MS is BE0674530575.
When was FLEX MS founded?
FLEX MS was founded on 13 April 2017.