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FleXSo

Active
Public limited companyfounded 200422 years activeVeldkant 33, 2550 Kontich, BelgiumKBO/BCE: BE 0865.716.288
Summary

FleXSo has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.0m and a net result of €2.3m. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 1,671 sector peers (NACE 62, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Computer programming NACE 62100
#3 employer in Kontich, Telecoms and IT sector2 sites
Size
€50.7mturnover 2025
Staff
116 FTE
Equity
€19.0m
Profit
€2.3m
Financial health
94 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
De Cronos Groep · 90%
Holdings
7
Accounts filed 24 days late0 of 14 deeds read
Why 94- Liquidity: current ratio 2.62, cash €72,609, halved+ Size: turnover €50.7m, 116 FTE, total assets €34.9m+ Equity €19.0m (54.5% of total assets)+ Founded in 2004Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 62, medium-sized)
Financial strength · tick = 2024
Average
Solvency 80-7
equity 54.5% of total assets
Liquidity 34=
short-term debt 35.9% · cash 0.2%
Profitability 67+3
return on assets 6.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (209 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €1,750,000 at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.5 in 2024; short-term debt: 35.9% and cash: 0.2% of total assets), and 45.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized): better than 70% on solvency, 41% on liquidity, 55% on profitability and 41% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 2.62, cash €72,609, halved
NBB · annual accounts
lowers risk · Size: turnover €50.7m, 116 FTE, total assets €34.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €19.0m (54.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
22 days late
2023
8 days early
2022
10 days late
2021
29 days late
2020
18 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Among the best 5% on equitysector median €425,856 · 1,670 companies €19.0m View
  • Positive: 8 profitable years in a rowprofit 2025: €2.3m 8 years View
  • Controlled by De Cronos Groepknown shareholders 90% 90% View

By topic

Financials

Fiscal year
2025
Turnover
€50.7m
Profit
€2.3m
Solvency
54.5%
Turnover▼ 4.1%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 10-08-2023Annual accounts filed
  2. 31-12-2022Highest result since 2018
  3. 29-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
10-06-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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