FLEXCON
Annual accounts 2025
abbreviated format, filed on 22-06-2026, 39 days before the deadlineThe turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €3.8m on 31-12-2025in €m
in euro
Position in the sector
91.9%
Higher than 87% of 7,180 companies in 2025.
8.7%
Higher than 68% of 7,142 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 201118 months | 2010 | 2009 | 2008 | 200721 months |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
3.8m | 3.9m | 2.8m | 2.5m | 2.6m | 2.8m | 2.6m | 2.5m | 2.4m | 2.3m | 2.2m | 2.2m | 1.7m | 1.1m | 999,641 | 776,376 | 738,098 | 749,501 | 737,753 | |
21/28 |
1.2m | 1.2m | 1.6m | 1.7m | 1.7m | 1.7m | 1.7m | 2.1m | 2.1m | 2.1m | 2.1m | 2.1m | 1.6m | 901,561 | 902,234 | 698,713 | 702,447 | 712,477 | 721,828 | |
22/27 |
34,217 | 26,895 | 30,919 | 34,863 | 41,547 | 14,078 | 15,517 | 21,459 | 14,669 | 17,834 | 6,682 | 6,176 | 5,563 | 6,157 | 6,830 | 7,309 | 17,143 | 27,173 | 36,524 | |
23 |
5,917 | 0 | 261 | 610 | 1,933 | 2,902 | 4,830 | 9,006 | 8,312 | 450 | 1,292 | 786 | 173 | 716 | 1,289 | 892 | 1,525 | 2,858 | 3,109 | |
24 |
- | 0 | 690 | 1,211 | 3,499 | 5,786 | 5,297 | 7,063 | - | 10,060 | - | - | - | 51 | 151 | 2,577 | 11,778 | 20,475 | 29,575 | |
26 |
28,300 | 26,895 | 29,969 | 33,042 | 36,115 | 5,390 | 5,390 | 5,390 | 6,357 | 7,324 | 5,390 | 5,390 | 5,390 | 5,390 | 5,390 | 3,840 | 3,840 | 3,840 | 3,840 | |
28 |
1.2m | 1.2m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 2.1m | 2.1m | 2.1m | 2.1m | 2.1m | 1.6m | 895,404 | 895,404 | 691,404 | 685,304 | 685,304 | 685,304 | |
29/58 |
2.6m | 2.7m | 1.1m | 784,600 | 898,045 | 1.2m | 942,722 | 401,367 | 277,826 | 204,878 | 123,471 | 130,745 | 122,881 | 168,572 | 97,407 | 77,663 | 35,651 | 37,025 | 15,925 | |
29 |
- | - | 0 | 105,000 | 245,000 | 327,000 | 277,000 | 229,000 | 179,000 | 126,000 | 65,000 | - | - | - | - | - | - | - | - | |
291 |
- | - | 0 | 105,000 | 245,000 | 327,000 | 277,000 | 229,000 | 179,000 | 126,000 | 65,000 | - | - | - | - | - | - | - | - | |
40/41 |
741,613 | 874,029 | 425,486 | 166,814 | 30,492 | 67,471 | 32,547 | 41,325 | 39,366 | 39,325 | 39,355 | 102,449 | 108,676 | 150,106 | 81,807 | 76,678 | 31,985 | 36,225 | 15,070 | |
40 |
20,753 | 34,373 | 34,196 | 32,027 | 30,492 | 30,492 | 32,148 | 41,325 | 39,366 | 39,325 | 39,355 | 37,510 | 37,510 | 38,586 | 22,244 | 999 | 113 | 14,520 | 12,873 | |
41 |
720,861 | 839,656 | 391,290 | 134,788 | - | 36,979 | 399 | - | - | - | - | 64,939 | 71,166 | 111,520 | 59,563 | 75,679 | 31,872 | 21,705 | 2,197 | |
50/53 |
1.6m | 1.5m | 259,591 | 59,591 | 50,634 | 19,254 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
215,793 | 349,404 | 458,756 | 453,194 | 519,492 | 700,640 | 603,779 | 103,914 | 41,692 | 31,315 | 15,862 | 27,645 | 13,558 | 12,003 | 9,049 | 222 | 2,925 | - | - | |
490/1 |
- | 0 | 3,502 | 0 | 52,428 | 38,960 | 29,397 | 27,128 | 17,768 | 8,238 | 3,254 | 651 | 647 | 6,463 | 6,551 | 763 | 741 | 799 | 854 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
3.8m | 3.9m | 2.8m | 2.5m | 2.6m | 2.8m | 2.6m | 2.5m | 2.4m | 2.3m | 2.2m | 2.2m | 1.7m | 1.1m | 999,641 | 776,376 | 738,098 | 749,501 | 737,753 | |
10/15 |
3.4m | 3.4m | 2.6m | 2.4m | 2.4m | 2.7m | 2.5m | 2.2m | 2.0m | 1.7m | 1.6m | 1.4m | 1.4m | 553,491 | 539,755 | 425,504 | 374,989 | 328,222 | 274,130 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
2.3m | 2.2m | 1.5m | 1.2m | 1.3m | 1.6m | 1.3m | 1.0m | 809,392 | 801,855 | 401,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
130/1 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
1311 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 10,966 | 10,966 | 10,966 | 7,537 | - | - | - | - | - | - | - | - | - | - | |
133 |
2.3m | 2.2m | 1.5m | 1.2m | 1.3m | 1.6m | 1.3m | 1.0m | 800,000 | 800,000 | 400,000 | - | - | - | - | - | - | - | - | |
14 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 918,674 | 1.2m | 1.4m | 1.4m | 545,436 | 531,700 | 417,449 | 366,934 | 320,167 | 266,075 | |
17/49 |
305,513 | 482,114 | 167,103 | 73,308 | 164,090 | 67,291 | 122,166 | 345,115 | 439,132 | 594,275 | 661,418 | 819,693 | 297,139 | 516,642 | 459,886 | 350,872 | 363,109 | 421,279 | 463,623 | |
17 |
- | - | - | - | - | - | - | 7,710 | 39,650 | 140,679 | 238,556 | 316,693 | 56,680 | 105,676 | 148,627 | 186,301 | 237,744 | 288,828 | 344,843 | |
170/4 |
- | - | - | - | - | - | - | 7,710 | 39,650 | 140,679 | 238,556 | 316,693 | 56,680 | 105,676 | 148,627 | 186,301 | 237,744 | 288,828 | 344,843 | |
42/48 |
305,513 | 482,114 | 167,103 | 73,308 | 164,090 | 67,291 | 122,166 | 337,405 | 399,483 | 453,597 | 422,862 | 503,000 | 240,459 | 409,599 | 311,259 | 161,571 | 122,365 | 121,226 | 118,409 | |
42 |
- | - | 0 | 8,362 | 8,360 | 8,360 | 16,071 | 40,294 | 111,054 | 146,900 | 146,539 | 147,534 | 50,441 | 76,952 | 131,198 | 51,443 | 54,839 | 56,015 | 49,803 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,657 | 11,395 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,657 | 11,395 | |
44 |
122 | 11,773 | 207 | 1,001 | 35,532 | 98 | 4,493 | 3,394 | 3,376 | 403 | 1,152 | 2,453 | 1,304 | 4,275 | 4,815 | 1,629 | 2,291 | 2,023 | 1,637 | |
440/4 |
122 | 11,773 | 207 | 1,001 | 35,532 | 98 | 4,493 | 3,394 | 3,376 | 403 | 1,152 | 2,453 | 1,304 | 4,275 | 4,815 | 1,629 | 2,291 | 2,023 | 1,637 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,890 | - | - | |
45 |
41,353 | 163,706 | 99,671 | 62,881 | 49,499 | 57,833 | 48,542 | 33,456 | 12,515 | 28,126 | 22,415 | 41,451 | 28,882 | 40,675 | 17,930 | 10,338 | 2,882 | 4,169 | 10,319 | |
450/3 |
41,353 | 163,706 | 99,671 | 62,881 | 49,499 | 57,833 | 48,542 | 33,456 | 12,515 | 28,126 | 22,415 | 41,451 | 28,882 | 40,675 | 17,930 | 10,338 | 2,882 | 4,169 | 4,587 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,732 | |
47/48 |
264,038 | 306,635 | 67,225 | 1,064 | 70,699 | 1,000 | 53,059 | 260,260 | 272,538 | 278,167 | 252,756 | 311,562 | 159,832 | 287,697 | 157,316 | 98,161 | 51,463 | 51,363 | 45,255 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,367 | - | 3,000 | 3,000 | 11,225 | 371 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | 708,408 | - | - | - | - | - | - | |
9900 |
186,727 | 205,458 | 158,184 | 132,633 | 112,018 | 123,090 | 136,976 | 123,334 | 131,776 | 149,435 | 133,940 | 123,824 | 145,407 | 85,895 | 123,248 | 75,532 | 48,068 | 51,697 | 59,998 | |
630 |
3,628 | 3,334 | 3,944 | 6,684 | 4,313 | 4,047 | 5,942 | 6,908 | 7,153 | 10,043 | 842 | 566 | 593 | 1,193 | 1,972 | 10,625 | 10,533 | 10,948 | 18,339 | |
640/8 |
392 | 1,288 | 3,324 | 984 | 972 | 883 | 1,397 | 2,349 | 2,211 | 2,935 | 2,035 | 1,963 | 1,975 | 1,059 | 4,375 | 739 | 528 | 395 | 1,352 | |
9901 |
182,706 | 200,836 | 150,915 | 124,964 | 106,734 | 118,160 | 129,637 | 114,077 | 122,412 | 136,457 | 131,063 | 121,295 | 142,839 | 83,643 | 116,901 | 64,168 | 37,007 | 40,354 | 40,308 | |
75/76B |
254,007 | 1.0m | 396,187 | 324,301 | 11,384 | 208,462 | 234,951 | 163,274 | 151,544 | 121,665 | 118,279 | 2,947 | 187,662 | 104,007 | 59,885 | 40,052 | 39,625 | 43,002 | 266,575 | |
75 |
254,007 | 1.0m | 396,187 | 324,301 | 11,384 | 208,462 | 234,951 | 163,274 | 151,544 | 121,665 | 118,279 | 2,947 | 187,662 | 104,007 | 59,885 | 40,052 | 39,625 | 43,002 | 266,575 | |
65/66B |
13,024 | 897 | 1,143 | 5,596 | 2,340 | 2,521 | 1,537 | 3,765 | 7,275 | 10,795 | 14,812 | 17,692 | 7,681 | 13,343 | 16,345 | 15,753 | 18,933 | 17,641 | 25,640 | |
65 |
13,024 | 897 | 1,143 | 5,596 | 2,340 | 2,521 | 1,537 | 3,765 | 7,275 | 10,795 | 14,812 | 17,692 | 7,681 | 13,343 | 16,345 | 15,753 | 18,933 | 17,641 | 25,640 | |
9903 |
423,689 | 1.2m | 545,959 | 443,670 | 115,778 | 324,101 | 363,051 | 273,585 | 266,681 | 247,327 | 234,530 | 106,550 | 1.0m | 174,307 | 160,441 | 88,467 | 57,699 | 65,715 | 281,242 | |
780 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
96,283 | 162,632 | 88,888 | 73,017 | 40,534 | 60,063 | 59,403 | 49,237 | 41,756 | 87,626 | 83,023 | 39,477 | 53,602 | 31,571 | 46,190 | 12,952 | 10,932 | 11,622 | 13,312 | |
9904 |
327,406 | 1.1m | 457,072 | 370,653 | 75,245 | 264,038 | 303,648 | 224,349 | 224,926 | 159,701 | 151,507 | 67,073 | 977,626 | 142,736 | 114,251 | 75,515 | 46,767 | 54,093 | 267,930 | |
789 |
- | - | - | - | 10,966 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 3,429 | 7,537 | - | - | - | - | - | - | - | - | - | - | |
9905 |
327,406 | 1.1m | 457,072 | 370,653 | 86,210 | 264,038 | 303,648 | 220,920 | 217,389 | 159,701 | 151,507 | 67,073 | 977,626 | 142,736 | 114,251 | 75,515 | 46,767 | 54,093 | 267,930 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
1.5m | 2.2m | 1.6m | 1.5m | 1.2m | 1.4m | 1.4m | 1.4m | 1.1m | 1.3m | 1.6m | 1.5m | 1.5m | 674,436 | 531,700 | 442,449 | 366,934 | 320,167 | 267,930 | |
14P |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
264,038 | 303,648 | 220,920 | 400,000 | 400,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
327,406 | 1.1m | 456,000 | 370,000 | 86,000 | 264,038 | 303,648 | 220,920 | - | 400,000 | 400,000 | - | - | - | - | - | - | - | 1,855 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,855 | |
6921 |
327,406 | 1.1m | 456,000 | 370,000 | 86,000 | 264,038 | 303,648 | 220,920 | - | 400,000 | 400,000 | - | - | - | - | - | - | - | - | |
694/7 |
264,038 | 303,648 | 220,920 | 400,000 | 400,000 | - | - | - | - | - | - | 86,670 | 96,000 | 129,000 | - | 25,000 | - | - | - | |
694 |
264,038 | 303,648 | 220,920 | 400,000 | 400,000 | - | - | - | - | - | - | 86,670 | 96,000 | 129,000 | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | |
| Document | ||||||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00195519 | |
| 31-12-2024 | full format | 23-06-2025 | 2025-00166796 | |
| 31-12-2023 | full format | 25-06-2024 | 2024-00172448 | |
| 31-12-2022 | full format | 20-06-2023 | 2023-00144796 | |
| 31-12-2021 | full format | 24-06-2022 | 2022-20157670 | |
| 31-12-2020 | full format | 24-06-2021 | 2021-24200478 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-20600349 | |
| 31-12-2018 | full format | 28-06-2019 | 2019-25700355 | |
| 31-12-2017 | full format | 20-06-2018 | 2018-20800431 | |
| 31-12-2016 | micro format | 26-06-2017 | 2017-22200217 | |
| 31-12-2015 | full format | 24-06-2016 | 2016-21700238 | |
| 31-12-2014 | full format | 23-06-2015 | 2015-20500494 | |
| 31-12-2013 | full format | 26-06-2014 | 2014-21800193 | |
| 31-12-2012 | full format | 21-06-2013 | 2013-21300244 | |
| 31-12-2011 | full format | 22-06-2012 | 2012-19900321 | |
| 30-06-2010 | full format | 20-01-2011 | 2011-01200397 | |
| 30-06-2009 | full format | 22-12-2009 | 2009-90300230 | |
| 30-06-2008 | full format | 02-01-2009 | 2009-00500379 | |
| 30-06-2007 | full format | 21-12-2007 | 2007-84900369 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 201118 months | 2010 | 2009 | 2008 | 200721 months |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,950 | -461,767 | 40,515 | 33,150 | 31,782 | 2,608 | 12,785 | 13,699 | 11,513 | 21,194 | 1,349 | 588,158 | 1.6m | 520 | 207,767 | 6,891 | 503 | 1,596 | 740,167 | ||
| -133,610 | -109,352 | 5,561 | -66,297 | -181,148 | 96,861 | 499,864 | 62,223 | 10,377 | 15,453 | -11,783 | 14,087 | 1,555 | 2,954 | 8,827 | -2,703 | - | - | - | ||
| 91.9% | 87.5% | 94.0% | 97.0% | 93.6% | 97.6% | 95.3% | 86.3% | 81.6% | 74.4% | 70.3% | 63.3% | 82.8% | 51.7% | 54.0% | 54.8% | 50.8% | 43.8% | 37.2% | ||
| 9.5% | 31.4% | 17.4% | 15.5% | 3.1% | 9.6% | 12.2% | 10.3% | 11.5% | 9.2% | 9.7% | 4.7% | 68.1% | 25.8% | 21.2% | 17.7% | 12.5% | 16.5% | 97.7% | ||
| 8.7% | 27.5% | 16.4% | 15.0% | 2.9% | 9.4% | 11.7% | 8.9% | 9.4% | 6.9% | 6.8% | 3.0% | 56.4% | 13.3% | 11.4% | 9.7% | 6.3% | 7.2% | 36.3% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,950 | - | €40,515 | €33,150 | €31,782 |
| €3,628 | €3,334 | €3,944 | €6,684 | €4,313 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FLEXCON
The operating result for 2025 is 9% lower than in 2024.
Debt's share of the balance-sheet total falls from 12.5% to 8.1%. Equity is higher and debt is lower.
- 2025 Net result -69% on 2024. The accounts now follow the abbreviated format, last year the full format.