Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.9 to 3.
-
Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Flexsys Chemicals Belgium from Oudergem, company number BE0772781677, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Flexsys Chemicals Belgium recorded revenue of € 152.8 million and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.1 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 10.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.8 million.
People and assets in 2025
3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 4% vs 2024
€ 400,400 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.
Debts at end 2025
€ 62.2 million
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 113.7 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 291 days on average.
€ 4.5 million
▲ 220% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 262,595,831 | € 213,700,274 | € 203,975,338 | € 152,833,882 | ▼ 25% |
| Profit after taxes | € 4,239,700 | € 4,361,482 | € 1,133,954 | € 1,064,526 | ▼ 6% |
| Equity | € 4,301,200 | € 8,662,682 | € 9,796,636 | € 10,861,162 | ▲ 11% |
| Total debts | € 105,214,438 | € 158,197,190 | € 209,236,401 | € 186,205,670 | ▼ 11% |
| Cash | € 2,362,790 | € 967,185 | € 3,567,636 | € 1,001,926 | ▼ 72% |
| Land & buildings | € 2,399,634 | € 2,289,725 | € 2,179,818 | € 2,069,909 | ▼ 5% |
| Retained profit | € 4,239,700 | € 8,601,182 | € 9,735,136 | € 10,799,662 | ▲ 11% |
| Bank debt | € 50,706,084 | € 53,957,251 | € 64,086,394 | € 62,237,878 | ▼ 3% |
| Balance sheet total | € 109,515,638 | € 166,859,872 | € 219,033,037 | € 197,066,832 | ▼ 10% |
| Employees (FTE) | 7.8 | 4.9 | 3.9 | 3 | ▼ 0.9 |
Key figures of Flexsys Chemicals Belgium, 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 Flexsys Chemicals Belgium?
What happened at Flexsys Chemicals Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Carl Brech stepped down as director. NBB
- Mark Schie stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 6% vs 2024). filed late Source: NBB ↗
- Carl Brech became a director. NBB
- Sandip Tyagi stepped down as director. NBB
- Sandip Tyagi became a director. NBB
- Mark Schie became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 4.2 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 9.7 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.4 million profit.
Management
Directors
According to the 2025 annual accounts
Carl Brech
Director
since 2025 · until 2028
Sandip Tyagi
Director
since 2022 · until 2025
Mark Schie
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Vorstlaan 398
1160 Oudergem
Scheldelaan 460
2040 Antwerpen
Active since 23 August 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →Gouma Matériel Machines et Accessoires du Bureau Moderne
Sibeka, société d'Entreprise et d'Investissements
€ -250 gross margin · 2023
La Maison des Anciens et Amis de l'Universite de Louvain
T.C. SERVICES BELGIUM
€ 332,208 gross margin · 2024
Hethimex
€ 10,852 gross margin · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0772.781.677
- VAT number
- BE 0772.781.677
- Registered office
- Vorstlaan 398, 1160 Oudergem
- Names & denominations
- Flexsys Chemicals Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2021
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik
Bandenservicebedrijven