Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Flex IT from Mechelen, company number BE0826084563, closed financial year 2024 with a result of € 133,013 after tax. For that financial year Flex IT recorded a gross margin of € 584,966 and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 218,513 to € 133,013. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 1.9 million
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 133,013
▼ 39% vs 2023
Profit after tax over the fiscal year.
€ 50,000
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.9 million.
People and assets in 2024
4.2
▲ 4.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 395,627
▼ 10% vs 2023
€ 94,200 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 2024
None
No bank loans on the last day of the fiscal year.
€ 519,953
▲ € 455,357 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 124,362
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 768,252 | € 523,851 | € 688,487 | € 584,966 | ▼ 15% |
| Profit after taxes | € 115,306 | € 156,394 | € 218,513 | € 133,013 | ▼ 39% |
| Equity | € 1,363,837 | € 1,520,231 | € 1,738,745 | € 1,871,758 | ▲ 8% |
| Total debts | € 81,916 | € 88,561 | € 196,666 | € 647,414 | ▲ 229% |
| Cash | € 50,000 | € 50,000 | € 50,000 | € 50,000 | |
| Retained profit | € 1,345,287 | € 1,501,681 | € 1,720,195 | € 1,853,208 | ▲ 8% |
| Balance sheet total | € 1,445,753 | € 1,608,792 | € 1,935,411 | € 2,519,172 | ▲ 30% |
| Employees (FTE) | 6.3 | 3.3 | 0.1 | 4.2 | ▲ 4.1 |
Key figures of Flex IT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Flex IT?
What happened at Flex IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 133,013 (▼ 39% vs 2023). filed late Source: NBB ↗
- Angelo Bul became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,306 profit in 2021 to € 133,013 profit in 2024.
Paid € 239,167 in corporate taxes since 2021.
Best year ever: 2023, with € 218,513 profit.
On average € 139,300 of value added per employee in 2024.
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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 2024 annual accounts
Angelo Bul
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Motstraat 30
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →WOLTERS KLUWER BELGIUM
€ 169.8 million revenue · 2025
FIRST-CONNECT
€ -410 gross margin · 2024
NCOI
€ 10.1 million revenue · 2025
Wolters Kluwer TAA Europe
ELIMITY
€ 215,124 gross margin · 2025
+10 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
- 0826.084.563
- VAT number
- BE 0826.084.563
- Registered office
- Motstraat 30, 2800 Mechelen
- Names & denominations
- Flex IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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