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 3 of the last 3 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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLAX SPACE from Jemeppe-sur-Sambre, company number BE0790632647, closed financial year 2025 with a result of € -6,742 after tax. For that financial year FLAX SPACE recorded a gross margin of € 19,153 and equity of € -31,405. Compared with financial year 2024, the result moved from € -12,526 to € -6,742. 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 June 30, 2026.
€ -31,405
▼ € 6,742 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,742
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,847
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,405.
Debts at end 2025
€ 210,806
▼ 6% vs 2024
€ 13,456 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 271
▼ € 54,068 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,062
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -908 | € -2,796 | € 19,153 | ▲ € 21,949 |
| Profit after taxes | € -17,137 | € -12,526 | € -6,742 | ▲ € 5,784 |
| Equity | € -12,137 | € -24,663 | € -31,405 | ▼ € 6,742 |
| Total debts | € 299,349 | € 487,564 | € 463,526 | ▼ 5% |
| Cash | - | € 2,676 | € 1,847 | ▼ 31% |
| Land & buildings | € 249,870 | € 440,936 | € 429,057 | ▼ 3% |
| Retained profit | € -17,137 | € -29,663 | € -36,405 | ▼ € 6,742 |
| Bank debt | € 243,743 | € 223,782 | € 210,806 | ▼ 6% |
| Balance sheet total | € 287,212 | € 462,901 | € 432,121 | ▼ 7% |
Key figures of FLAX SPACE, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FLAX SPACE?
What happened at FLAX SPACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,742. filed late Source: NBB ↗
- New establishment in Jemeppe-sur-Sambre. KBO
- Andrew Smethurst became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,137 loss in 2023 to € 6,742 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Andrew Smethurst
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Chaussée de Charleroi 68
5190 Jemeppe-sur-Sambre
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.632.647
- VAT number
- BE 0790.632.647
- Registered office
- Chaussée de Charleroi 68, 5190 Jemeppe-sur-Sambre
- Names & denominations
- FLAX SPACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2022
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- [email protected] +32475924425
- Activities · NACE
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