ACTIVE

FleXSo

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Financial year 2025 · closed on 31/12/2025
Net result
2,3 M €
+2.1% YoY
Revenue
50,7 M €
-4.1% YoY
Equity
19,0 M €
+7.2% YoY
Workforce
116,0 ETP
-10.1% YoY

What does FleXSo do?

FleXSo is a Public limited company incorporated in 2004. Its main activity is: Computer programming activities. Its registered office is in Kontich. It employs on average 116,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0865.716.288
Incorporation
10/06/2004
Legal form
Public limited company
Registered office
Veldkant 33 box A
2550 Kontich · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
116,0 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue50,7 M €52,9 M €43,8 M €42,9 M €35,2 M €29,4 M €29,5 M €31,5 M €28,1 M €24,8 M €23,4 M €17,4 M €14,9 M €14,7 M €11,7 M €9,9 M €7,7 M €7,8 M €4,9 M €3,6 M €
EBITDA4,0 M €2,4 M €3,0 M €1,5 M €2,1 M €2,1 M €4,7 M €1,8 M €5,2 M €3,3 M €1,8 M €1,9 M €1,5 M €1,8 M €1,9 M €1,3 M €1,4 M €1,3 M €889,4 k €530,0 k €
Operating result3,0 M €1,8 M €2,9 M €2,5 M €1,9 M €1,0 M €4,4 M €2,4 M €4,9 M €3,0 M €2,3 M €1,6 M €954,1 k €1,7 M €1,8 M €1,4 M €1,2 M €1,4 M €796,8 k €516,7 k €
Net result2,3 M €2,2 M €2,2 M €4,1 M €1,4 M €699,5 k €3,2 M €2,1 M €3,1 M €1,4 M €1,4 M €977,1 k €1,0 M €1,1 M €1,1 M €861,0 k €736,3 k €809,8 k €501,8 k €313,1 k €
Balance sheet
Equity19,0 M €17,7 M €16,5 M €16,3 M €12,2 M €13,9 M €13,2 M €10,0 M €9,6 M €7,5 M €7,1 M €7,7 M €6,7 M €5,7 M €4,6 M €3,5 M €2,6 M €1,9 M €1,1 M €553,6 k €
Total assets34,9 M €28,8 M €28,5 M €26,4 M €22,2 M €23,9 M €21,4 M €20,6 M €17,9 M €16,2 M €12,3 M €12,6 M €10,1 M €9,3 M €8,7 M €6,2 M €5,8 M €4,6 M €3,0 M €2,2 M €
Cash72,6 k €158,6 k €821,2 k €414,8 k €221,2 k €392,1 k €405,9 k €1,4 M €1,4 M €1,5 M €560,4 k €856,4 k €991,7 k €257,5 k €188,2 k €198,8 k €470,1 k €228,6 k €168,0 k €268,7 k €
Debts12,5 M €10,6 M €10,2 M €8,4 M €9,7 M €10,0 M €8,2 M €10,5 M €8,2 M €8,7 M €5,1 M €4,8 M €3,3 M €3,6 M €4,1 M €2,6 M €3,2 M €2,7 M €1,9 M €1,6 M €
Other
Workforce116,0 ETP129,1 ETP117,7 ETP107,1 ETP98,6 ETP81,7 ETP69,2 ETP99,3 ETP87,5 ETP94,1 ETP76,8 ETP69,9 ETP65,0 ETP57,3 ETP57,4 ETP48,6 ETP43,5 ETP36,4 ETP26,5 ETP19,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

De Cronos Groep

Director · since 16 juin 2021 · until 15 juin 2027 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 16 juin 2021 · until 15 juin 2027

Active
Raf Alexander

Director · since 16 juin 2021 · until 15 juin 2027

Active

Ended mandates

De Cronos Groep

Director · since 16 juin 2015 · until 15 juin 2021 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 16 juin 2015 · until 15 juin 2021 · 0467.132.994

Represented by Dirk Deroost

Ended
Jef de Wit

Director · since 16 juin 2015 · until 15 juin 2021

Ended
Josephus de Wit

Director · since 16 juin 2015 · until 15 juin 2021

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202622/08/202523/07/202410/08/202329/08/202213/07/2021
General meeting14/07/202609/07/202518/06/202411/07/202326/08/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/07/202624/08/2026DutchPDF
Full model31/12/202409/07/202522/08/2025DutchPDF
Full model31/12/202318/06/202423/07/2024DutchPDF
Full model31/12/202211/07/202310/08/2023DutchPDF
Full model31/12/202126/08/202229/08/2022DutchPDF
Full model31/12/202015/06/202113/07/2021DutchPDF
Full model31/12/201930/06/202014/07/2020DutchPDF
Full model31/12/201828/06/201902/07/2019DutchPDF
Full model31/12/201719/06/201813/07/2018DutchPDF
Full model31/12/201620/06/201724/08/2017DutchPDF
Full model31/12/201521/06/201612/07/2016DutchPDF
Full model31/12/201416/06/201525/06/2015DutchPDF
Full model31/12/201317/06/201419/06/2014DutchPDF
Full model31/12/201218/06/201312/07/2013DutchPDF
Full model31/12/201119/06/201226/07/2012DutchPDF
Full model31/12/201021/06/201102/08/2011DutchPDF
Full model31/12/200915/06/201015/07/2010DutchPDF
Full model31/12/200816/06/200922/07/2009DutchPDF
Full model31/12/200717/06/200818/07/2008DutchPDF
Full model31/12/200619/06/200722/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

De Cronos Groep

Director · since 16 juin 2021 · until 15 juin 2027 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 16 juin 2021 · until 15 juin 2027

Active
Raf Alexander

Director · since 16 juin 2021 · until 15 juin 2027

Active

Ended mandates

De Cronos Groep

Director · since 16 juin 2015 · until 15 juin 2021 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 16 juin 2015 · until 15 juin 2021 · 0467.132.994

Represented by Dirk Deroost

Ended
Jef de Wit

Director · since 16 juin 2015 · until 15 juin 2021

Ended
Josephus de Wit

Director · since 16 juin 2015 · until 15 juin 2021

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,3 M €↑
  2. 2024
    Annual accounts 20242,2 M €↑
  3. 2023
    Annual accounts 20232,2 M €↓
  4. 2022
    Annual accounts 20224,1 M €↑
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2020
    Annual accounts 2020699,5 k €↓
  7. 2019
    Annual accounts 20193,2 M €↑
  8. 2018
    Annual accounts 20182,1 M €↓
  9. 2017
    Annual accounts 20173,1 M €↑
  10. 2016
    Annual accounts 20161,4 M €↑
  11. 2015
    Annual accounts 20151,4 M €↑
  12. 2014
    Annual accounts 2014977,1 k €↓
  13. 2013
    Annual accounts 20131,0 M €↓
  14. 2012
    Annual accounts 20121,1 M €↓
  15. 2011
    Annual accounts 20111,1 M €↑
  16. 2010
    Annual accounts 2010861,0 k €↑
  17. 2009
    Annual accounts 2009736,3 k €↓
  18. 2008
    Annual accounts 2008809,8 k €↑
  19. 2007
    Annual accounts 2007501,8 k €↑
  20. 2006
    Annual accounts 2006313,1 k €
  21. 10/06/2004
    IncorporationPublic limited company