FLEXUM (0671.698.670): financials and annual accounts

FLEXUM

Putte ·KBO/BCE: BE 0671.698.670

Line	2025	2024	2023	2022	2021	2020	2019	2018
Balance sheet: assets
Total assets`20/58`	198,921	127,556	79,795	87,838	49,746	22,294	31,659	28,679
Fixed assets`21/28`	44,119	31,306	35,149	34,931	30,853	7,372	7,443	739
Tangible fixed assets`22/27`	44,119	31,306	30,149	29,931	25,853	2,372	2,443	739
Plant, machinery and equipment`23`	21,405	25,301	28,410	28,678	24,296	510	680	-
Furniture and vehicles`24`	22,715	6,005	1,739	1,253	1,557	1,861	1,762	739
Financial fixed assets`28`	-	-	5,000	5,000	5,000	5,000	5,000	-
Current assets`29/58`	154,802	96,250	44,646	52,907	18,893	14,922	24,217	27,940
Amounts receivable after more than one year`29`	21,799	21,236	20,688	20,153	-	-	-	-
Other amounts receivable`291`	21,799	21,236	20,688	20,153	-	-	-	-
Stocks and contracts in progress`3`	28,985	13,776	-	-	-	-	-	-
Stocks`30/36`	28,985	13,776	-	-	-	-	-	-
Amounts receivable within one year`40/41`	22,686	47,878	13,750	8,213	5,292	660	314	5,593
Trade receivables`40`	17,574	43,681	11,567	8,213	5,292	370	-	550
Other amounts receivable`41`	5,113	4,197	2,182	-	-	291	314	5,043
Cash at bank and in hand`54/58`	60,574	11,416	10,208	24,405	13,471	14,137	23,902	22,347
Deferred charges and accrued income`490/1`	20,757	1,945	-	135	130	125	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	198,921	127,556	79,795	87,838	49,746	22,294	31,659	28,679
Equity`10/15`	108,033	96,943	69,022	76,691	41,312	19,344	21,038	20,295
Contributions`10/11`	-	-	-	18,600	6,200	6,200	6,200	6,200
Capital`10`	-	-	-	-	6,200	-	-	-
Issued capital`100`	-	-	-	-	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	12,400	12,400	12,400	12,400
Reserves`13`	20,000	20,000	20,000	20,742	20,742	10,742	10,742	705
Non-distributable reserves`130/1`	-	-	-	742	742	742	-	-
Legal reserve`130`	-	-	-	-	742	742	742	705
Reserves not available under the articles`1311`	-	-	-	742	-	-	-	-
Distributable reserves`133`	20,000	20,000	20,000	20,000	20,000	10,000	10,000	-
Profit (loss) carried forward`14`	88,033	76,943	49,022	37,349	14,370	2,402	4,096	13,390
Amounts payable`17/49`	90,889	30,614	10,773	11,147	8,434	2,949	10,621	8,384
Amounts payable after more than one year`17`	8,437	-	-	-	-	-	-	-
Financial debts`170/4`	8,437	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	79,699	30,614	10,773	11,083	8,434	2,949	10,621	8,384
Current portion of amounts payable after more than one year`42`	3,046	-	-	-	-	-	-	-
Trade debts`44`	60,702	13,257	4,820	2,500	4,417	1,463	1,747	1,054
Suppliers`440/4`	60,702	13,257	4,820	2,500	4,417	1,463	1,747	1,054
Taxes, remuneration and social security`45`	15,951	17,357	5,953	8,583	4,018	1,487	8,875	7,330
Taxes`450/3`	15,951	14,357	5,953	8,583	4,018	1,487	8,875	7,330
Remuneration and social security`454/9`	-	3,000	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	2,752	-	-	64	-	-	-	-
Income statement
Gross operating margin`9900`	25,288	31,768	40,576	35,042	30,197	-657	3,247	21,929
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,383	5,279	4,161	3,121	1,411	817	694	370
Other operating charges`640/8`	1,282	1,020	493	501	101	100	173	96
Operating profit (loss)`9901`	15,622	25,469	35,922	31,419	28,686	-1,574	2,380	21,463
Financial income`75/76B`	3,163	12,202	543	153	3	29	-	32
Recurring financial income`75`	3,163	818	543	153	3	29	-	32
Non-recurring financial income`76B`	-	11,384	-	-	-	-	-	-
Financial charges`65/66B`	3,386	1,727	466	694	142	148	92	70
Recurring financial charges`65`	3,386	1,727	466	694	142	148	92	70
Profit (loss) for the period before taxes`9903`	15,399	35,943	35,999	30,879	28,547	-1,693	2,288	21,425
Income taxes`67/77`	4,309	8,022	9,326	7,899	6,579	1	1,545	7,330
Profit (loss) for the period`9904`	11,090	27,921	26,672	22,979	21,968	-1,694	743	14,095
Profit (loss) for the period to be appropriated`9905`	11,090	27,921	26,672	22,979	21,968	-1,694	743	14,095
Appropriation of the result
Profit (loss) to be appropriated`9906`	88,033	76,943	64,022	37,349	24,370	2,402	14,133	14,095
Profit (loss) brought forward from the previous period`14P`	76,943	49,022	37,349	14,370	2,402	-	-	-
Transfer to equity`691/2`	-	-	-	-	10,000	-	10,037	705
To the legal reserve`6920`	-	-	-	-	-	-	37	705
To other reserves`6921`	-	-	-	-	10,000	-	10,000	-
Profit to be distributed`694/7`	-	-	15,000	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	15,000	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	29-09-2026	2026-00530202	PDF
31-12-2024	micro format	29-08-2025	2025-00434324	PDF
31-12-2023	micro format	21-10-2024	2024-00510504	PDF
31-12-2022	micro format	01-09-2023	2023-00408348	PDF
31-12-2021	micro format	31-08-2022	2022-20370766	PDF
31-12-2020	micro format	31-08-2021	2021-64700481	PDF
31-12-2019	micro format	31-08-2020	2020-49700576	PDF
31-12-2018	micro format	14-08-2019	2019-46600587	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018
EBITDA	24,006	30,748	40,082	34,540	30,096	-757	3,074	21,833
Cash flow	19,474	33,200	30,833	26,100	23,378	-877	1,437	14,465
Investment in fixed assets	21,197	6,436	4,378	7,199	24,892	746	7,398	1,109
Change in cash	49,158	1,208	-14,197	10,934	-666	-9,765	1,555	-
Working capital	75,103	65,637	33,873	41,824	10,459	11,973	13,595	19,556
Solvency	54.3%	76.0%	86.5%	87.3%	83.0%	86.8%	66.5%	70.8%
Current ratio	1.94	3.14	4.14	4.77	2.24	5.06	2.28	3.33
Quick ratio	1.58	2.69	4.14	4.77	2.24	5.06	2.28	3.33
Debt to equity	0.84	0.32	0.16	0.15	0.20	0.15	0.50	0.41
ROE	10.3%	28.8%	38.6%	30.0%	53.2%	-8.8%	3.5%	69.5%
ROA	5.6%	21.9%	33.4%	26.2%	44.2%	-7.6%	2.3%	49.1%
Interest coverage	7.09	17.80	86.07	49.77	over 100	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€21,197	€6,436	€4,378	€7,199	€24,892
Depreciation and write-downs of the year	€8,383	€5,279	€4,161	€3,121	€1,411

FLEXUM

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency54.3%

Current ratio1.94

Return on assets5.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FLEXUM

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