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 62 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 0.9 to 0.1.
Financials
Financial year 2025
FLEXWEB from Wervik, company number BE0830499746, closed financial year 2025 with a result of € 183,121 after tax. For that financial year FLEXWEB recorded a gross margin of € 354,780 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 1.7 million to € 183,121. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ 2.6 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 183,121
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 296,208
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 541,337 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.1
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3,194
▼ 91% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 141,857
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 725,586
▼ 19% vs 2024
€ 184,378 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,596
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 286,495
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 474,498 | € 601,786 | € 2,571,207 | € 354,780 | ▼ 86% |
| Profit after taxes | € 235,966 | € 329,851 | € 1,745,397 | € 183,121 | ▼ 90% |
| Equity | € 1,043,984 | € 1,316,888 | € 3,002,285 | € 2,644,069 | ▼ 12% |
| Total debts | € 521,485 | € 486,565 | € 1,281,111 | € 1,037,590 | ▼ 19% |
| Cash | € 447,732 | € 232,056 | € 313,997 | € 296,208 | ▼ 6% |
| Land & buildings | € 473,590 | € 427,113 | € 429,692 | € 379,611 | ▼ 12% |
| Retained profit | € 1,042,984 | € 1,315,888 | € 3,001,285 | € 2,643,069 | ▼ 12% |
| Dividend | € 134,100 | € 56,948 | € 60,000 | € 541,337 | ▲ € 481,337 |
| Bank debt | € 370,153 | € 265,948 | € 899,922 | € 725,586 | ▼ 19% |
| Balance sheet total | € 1,565,469 | € 1,803,453 | € 4,283,396 | € 3,681,659 | ▼ 14% |
| Employees (FTE) | 1 | 0.9 | 0.8 | 0.1 | ▼ 0.7 |
Key figures of FLEXWEB, 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 FLEXWEB?
What happened at FLEXWEB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 183,121 (▼ 90% vs 2024). filed late Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 235,966 profit in 2022 to € 183,121 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.7 million profit.
On average € 474,500 of value added per employee in 2022.
Management
Behind FLEXWEB are Channing TECHEL and Julie DELVAUX. It owns 30% of Babylux and 30% of Babylux Logistics itself.
Directors
According to the 2025 annual accounts
Julie DELVAUX
Director
Establishments
Establishment units
Physical locations of this company
Stokstraat 4
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0830.499.746
- VAT number
- BE 0830.499.746
- Registered office
- Stokstraat 4, 8940 Wervik
- Names & denominations
- FLEXWEB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2010
- Peppol
- Active · Active since 28 Dec 2025
- Activities · NACE
Overige diensten op het gebied van informatietechnologie en computer
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en lease van sport- en recreatieartikelen
Prepress- en premediadiensten
Ontwerpen van computerprogramma’s
Activiteiten van kuuroorden, sauna’s en stoombaden
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Handelsbemiddeling in de niet-gespecialiseerde groothandel
+7