ACTIVE

FLEXSO BRUSSELS

Financial year 2025 · closed on 31/12/2025
Net result
-48,4 k €
-106.7% YoY
Revenue
14,1 M €
-12.7% YoY
Equity
2,4 M €
-2.0% YoY
Workforce
42,0 ETP
+7.7% YoY

What does FLEXSO BRUSSELS do?

FLEXSO BRUSSELS is a Public limited company incorporated in 2008. Its main activity is: Computer consultancy activities. Its registered office is in Mont-Saint-Guibert. It employs on average 42,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0898.889.892
Incorporation
30/06/2008
Legal form
Public limited company
Registered office
Rue Granbonpré 11 box 3
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
42,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue14,1 M €16,1 M €17 M €11,7 M €13,5 M €11,4 M €11,3 M €9,9 M €8,6 M €6,1 M €6,2 M €5,5 M €3,9 M €1,6 M €979,7 k €1,3 M €1,5 M €
EBITDA120,6 k €1,2 M €881,9 k €61,2 k €653,3 k €592,5 k €1,1 M €112,1 k €413,3 k €488,2 k €902,2 k €636,9 k €329,3 k €94,6 k €114,6 k €113,1 k €84,3 k €
Operating result27,1 k €1,1 M €976,2 k €-228,8 k €913,5 k €546,1 k €1,1 M €-38,9 k €349,6 k €433 k €841,1 k €648,2 k €298,8 k €102,4 k €99,9 k €110,1 k €81,2 k €
Net result-48,4 k €726,2 k €650,2 k €-261,4 k €644,4 k €363,5 k €669,9 k €-103,7 k €180,1 k €255,6 k €517,2 k €395,3 k €172,9 k €55 k €60 k €52,6 k €31,1 k €
Balance sheet
Equity2,4 M €2,5 M €1,7 M €1,1 M €1,4 M €2,7 M €2,3 M €1,7 M €1,8 M €1,6 M €1,3 M €828,8 k €433,5 k €260,6 k €205,6 k €145,6 k €93,1 k €
Total assets4,6 M €5,3 M €4,9 M €4,6 M €5,8 M €5,6 M €4,7 M €4,2 M €4,6 M €3,7 M €2,7 M €1,9 M €1,3 M €719,2 k €509,1 k €590,1 k €524,1 k €
Cash27,5 k €69,9 k €64,9 k €39,5 k €28,4 k €24,6 k €21,4 k €330,5 k €704 k €318,2 k €273 k €184,8 k €210,3 k €70,6 k €36,5 k €58,8 k €30,8 k €
Debts2 M €2,8 M €3,1 M €3,4 M €4,4 M €2,9 M €2,3 M €2,6 M €2,8 M €2,1 M €1,4 M €1,1 M €853,1 k €452,5 k €303,5 k €309,1 k €430,4 k €
Other
Workforce42,0 ETP39,0 ETP38,1 ETP42,7 ETP36,2 ETP32,3 ETP32,4 ETP32,3 ETP30,5 ETP27,4 ETP25,2 ETP23,2 ETP18,7 ETP10,4 ETP5,8 ETP9,3 ETP8,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

De Cronos Groep

Director · since 17 juin 2020 · until 30 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 17 juin 2020 · until 30 juin 2026

Active
Raf Alexander

Director · since 17 juin 2020 · until 30 juin 2026

Active

Ended mandates

De Cronos Groep

Director · since 17 juin 2020 · until 16 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus DE WIT

Director · since 17 juin 2020 · until 16 juin 2026

Ended
Raf Alexander

Director · since 17 juin 2020 · until 16 juin 2026

Ended
De Cronos Groep

Director · since 17 juin 2014 · until 16 juin 2020 · 0467.132.994

Represented by Dirk Deroost

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date29/07/202626/08/202523/07/202410/08/202324/08/202214/07/2021
General meeting30/06/202609/07/202518/06/202420/06/202316/08/202215/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202629/07/2026FrenchPDF
Abridged model31/12/202409/07/202526/08/2025FrenchPDF
Full model31/12/202318/06/202423/07/2024FrenchPDF
Full model31/12/202220/06/202310/08/2023FrenchPDF
Full model31/12/202116/08/202224/08/2022FrenchPDF
Full model31/12/202015/06/202114/07/2021FrenchPDF
Abridged model31/12/201916/06/202009/07/2020FrenchPDF
Abridged model31/12/201818/06/201924/06/2019FrenchPDF
Abridged model31/12/201719/06/201824/07/2018FrenchPDF
Full model31/12/201620/06/201725/08/2017FrenchPDF
Full model31/12/201521/06/201612/07/2016FrenchPDF
Full model31/12/201416/06/201526/06/2015FrenchPDF
Full model31/12/201317/06/201416/07/2014DutchPDF
Full model31/12/201218/06/201315/07/2013FrenchPDF
Full model31/12/201119/06/201226/07/2012DutchPDF
Full model31/12/201021/06/201113/12/2011DutchPDF
Full model31/12/200915/06/201028/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 9 ended

Active mandates

De Cronos Groep

Director · since 17 juin 2020 · until 30 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 17 juin 2020 · until 30 juin 2026

Active
Raf Alexander

Director · since 17 juin 2020 · until 30 juin 2026

Active

Ended mandates

De Cronos Groep

Director · since 17 juin 2020 · until 16 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus DE WIT

Director · since 17 juin 2020 · until 16 juin 2026

Ended
Raf Alexander

Director · since 17 juin 2020 · until 16 juin 2026

Ended
De Cronos Groep

Director · since 17 juin 2014 · until 16 juin 2020 · 0467.132.994

Represented by Dirk Deroost

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/11/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office17/01/2022
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Mandates07/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/09/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/02/2018
    DEMISSIONS, NOMINATIONS
    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 2025-48,4 k €
  2. 2024
    Annual accounts 2024726,2 k €
  3. 2023
    Annual accounts 2023650,2 k €
  4. 2022
    Annual accounts 2022-261,4 k €
  5. 2021
    Annual accounts 2021644,4 k €
  6. 2020
    Annual accounts 2020363,5 k €
  7. 2019
    Annual accounts 2019669,9 k €
  8. 2018
    Annual accounts 2018-103,7 k €
  9. 2017
    Annual accounts 2017180,1 k €
  10. 2016
    Annual accounts 2016255,6 k €
  11. 2015
    Annual accounts 2015517,2 k €
  12. 2014
    Annual accounts 2014395,3 k €
  13. 2013
    Annual accounts 2013172,9 k €
  14. 2012
    Annual accounts 201255 k €
  15. 2011
    Annual accounts 201160 k €
  16. 2010
    Annual accounts 201052,6 k €
  17. 2009
    Annual accounts 200931,1 k €
  18. 30/06/2008
    IncorporationPublic limited company