Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Flexit Drinks from Gent, company number BE0728556706, closed financial year 2025 with a result of € -98,049 after tax. For that financial year Flexit Drinks recorded a gross margin of € -13,461 and equity of € -332,816. Compared with financial year 2024, the result moved from € -116,005 to € -98,049. 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 December 19, 2025.
€ -332,816
▼ € 98,049 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,049
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -432,816.
Debts at end 2025
€ 351,395
▼ 23% vs 2024
€ 113,704 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 19,510
▲ € 14,756 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 209,791 | € -71,692 | € -7,674 | € -13,461 | ▼ € 5,787 |
| Profit after taxes | € 9,681 | € -235,933 | € -116,005 | € -98,049 | ▲ € 17,956 |
| Equity | € 117,171 | € -118,762 | € -234,767 | € -332,816 | ▼ € 98,049 |
| Total debts | € 1,034,976 | € 1,157,795 | € 1,154,296 | € 1,180,613 | ▲ 2% |
| Cash | € 24,611 | € 44,390 | € 8,905 | - | |
| Retained profit | € 17,171 | € -218,762 | € -334,767 | € -432,816 | ▼ € 98,049 |
| Bank debt | € 716,850 | € 612,213 | € 455,823 | € 351,395 | ▼ 23% |
| Balance sheet total | € 1,152,147 | € 1,039,033 | € 919,529 | € 847,797 | ▼ 8% |
Key figures of Flexit Drinks, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Flexit Drinks?
What happened at Flexit Drinks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,049. Source: NBB ↗
- Timothy THIERS stepped down as director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Timothy THIERS became a director. NBB
In short
From € 9,681 profit in 2022 to € 98,049 loss in 2025.
Paid € 7,098 in corporate taxes since 2022.
Best year ever: 2022, with € 9,681 profit.
Management
Directors
According to the 2025 annual accounts
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Beekstraat 46 box 2
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →BUSINESS DEVELOPMENT & INVESTMENT
€ 87,997 gross margin · 2025
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€ 83,646 gross margin · 2025
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€ 79,151 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.556.706
- VAT number
- BE 0728.556.706
- Registered office
- Beekstraat 46 bus 2, 9031 Gent
- Names & denominations
- Flexit Drinks
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2019
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- 0474722582
- Activities · NACE
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