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FLEXWORKS

Active Private limited company (pre-2019)founded 2009active for 17 yearsLes Bruyères 36, 7910 Frasnes-lez-AnvaingKBO/BCE: BE 0820.171.226 #4 company by total assets in Frasnes-lez-Anvaing, Telecoms and IT sector
FLEXWORKS
Financial year 2025
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Annual accounts 2025

micro format, filed on 20-08-2026, 20 days late
€96,708
▼ 3.8%
€35,844
▲ 13.4%
€16,087
▲ 31.9%
-€93,760
▼ €10,384
43.2%
▲ 4.6 percentage points
0.33
▼ 0.04

The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €170,000 and €240,000.

In the rankings #4 company by total assets in Frasnes-lez-Anvaing, Telecoms and IT sector#5 company by equity in Frasnes-lez-Anvaing, Telecoms and IT sector#5 oldest company in Frasnes-lez-Anvaing, Telecoms and IT sector

Balance sheet

balance sheet total €546,066 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

43.2%

Higher than 36% of 22,039 companies in 2025.

0.33

Lower than 95% of 21,339 companies in 2025.

2.9%

Higher than 22% of 21,530 companies in 2025.

FLEXWORKS Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

€26,705

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, nobody joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 546,066569,251602,266633,645650,339655,267615,493613,353642,986665,973692,281628,985485,618504,065155,633107,463
21/28 499,945519,836555,735592,100600,525578,817568,074588,979611,794637,654659,267553,078343,263369,20641,03336,303
22/27 499,920519,711555,510591,975600,400578,692567,949588,854611,669637,529659,142552,953343,138369,08141,00836,278
22 485,590507,572530,584553,597548,069568,723564,343587,899611,456635,012642,993514,970278,023288,478--
23 4,90210,84218,71827,25435,7919,7272,644--2,0914,3406,6899,037931397-
24 9,4281,2976,20811,12316,54024396295421442711,80931,29352,39568,65222,22610,525
28 251252251251251251251251251251251251251252525
29/58 46,12149,41546,53241,54549,81476,45047,41924,37431,19228,31833,01475,907142,355134,860114,60071,160
3 18,16214,16812,4318,560------------
30/36 18,16214,16812,4318,560------------
40/41 25,73427,02032,27328,01424,55837,51647,41915,44919,42420,10821,02326,48314,59915,20354,48362,553
40 23,70623,49418,13919,89724,55836,77246,67515,44919,42416,10816,88017,45714,59915,20350,77062,553
41 2,0283,52614,1348,1160744744--4,0004,1439,026--3,712-
54/58 2,2268,2271,8284,97225,25638,934-8,92511,7688,21011,99149,424127,756119,65659,4068,339
490/1 --------------711269
Balance sheet: equity and liabilities
10/49 546,066569,251602,266633,645650,339655,267615,493613,353642,986665,973692,281628,985485,618504,065155,633107,463
10/15 235,866219,779207,583208,919197,049145,40383,10241,35618,04812,70810,0558,7162,85210,94924,84613,725
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 165,282149,195137,000137,000125,13173,48411,18311,18310,82110,82110,82110,82110,82110,82110,8214,383
130/1 1,8601,8601,8601,8601,8601,860----------
130 ------1,8601,8601,4981,4981,4981,4981,4981,4981,498620
1311 1,8601,8601,8601,8601,8601,860----------
132 9,3239,3239,3239,3239,3239,3239,3239,3239,3239,3239,3239,3239,3239,3239,3233,763
133 154,099138,012125,817125,817113,94862,301----------
14 60,38360,38360,38361,71961,71961,71961,71919,973-2,973-8,313-10,966-17,305-14,169-6,0727,8253,143
15 4,0004,0004,0004,0004,0004,0004,0004,0004,0004,0004,0009,000----
16 60,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79352,890
160/5 60,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79360,79352,890
160 60,79360,79360,79360,79360,79360,79360,79360,79360,79360,793------
17/49 249,408288,680333,890363,934392,497449,072471,599511,204564,146592,473621,433559,476421,974432,32469,99440,848
17 104,617151,431198,963244,909289,323323,429362,867399,978436,804472,390495,151435,004269,536305,63229,85326,747
170/4 104,617151,431198,963244,909289,323323,429362,867399,978436,804472,390495,151435,004269,536305,63229,85326,747
42/48 139,881132,790132,357117,931101,850123,455102,509108,093124,907117,729126,282124,472152,145126,69239,94112,895
42 46,81450,91549,32847,77347,29443,79540,40236,82635,58634,38836,74144,02135,97934,18110,8996,255
43 3,3824471,7213,877--4,988---------
430/8 04471,7213,877--4,988---------
439 3,382---------------
44 7,2976,28423,8124,04314,97416,5284,1477,5227,5405,41310,5482,03033,3513,5802,8811,799
440/4 7,2976,28423,8124,04314,97416,5284,1477,5227,5405,41310,5482,03033,3513,5802,8811,799
45 13,39013,4328,03221,52926,58624,7966,49411,02011,90411,66713,87115,6519,3608,61513,9663,117
450/3 9,7119,8645,18618,48624,08021,7943,53810,58811,90411,66713,87115,6519,3608,61513,9663,117
454/9 3,6793,5682,8463,0432,5063,0012,956431--------
47/48 68,99861,71249,46440,70912,99638,33746,47852,72669,87666,26165,12262,77073,45580,31612,1941,725
492/3 4,9094,4582,5701,0931,3242,1886,2223,1332,4352,354--292-2001,207
Income statement
76A ----------8,296--751--
9900 96,708100,52685,26596,122140,201155,222126,83095,24158,64471,65264,22263,57974,83055,15961,23287,076
62 26,70530,70126,05526,80825,79125,28227,4696,633--------
630 31,85235,79937,72834,80126,19923,97824,93624,24725,86037,18143,61835,34655,52155,18523,97421,663
635/8 --------------7,90352,890
640/8 2,3062,4152,0032,5011,8632,0212,24815,4992,4421,5532,1363,7096,1998,4431,046371
66A ----------2306,7601,140---
9901 35,84431,61019,47932,01286,348103,94172,17648,86230,34132,91718,46824,52413,111-8,46928,30912,152
75/76B 131413013711,1834113771,1594711643582
75 131413013711,1834113771,1594711643582
65/66B 11,78512,94412,62412,20213,66016,68617,96519,06020,66921,73019,68520,31419,0685,5592,4452,329
65 11,78512,94412,62412,20213,66016,68617,96519,06020,66921,73019,68520,31419,0685,5592,4452,329
9903 24,05918,6696,87019,94072,68987,25854,28230,9859,67611,1997,226-1,390-6,626-13,11426,2229,824
67/77 7,9726,4748,2058,07121,04224,95712,5367,6774,3368,5468861,7461,4717843,1012,299
9904 16,08712,195-1,33511,86951,64762,30141,74623,3085,3402,6536,339-3,136-8,097-13,89723,1217,525
689 --------------5,5603,763
9905 16,08712,195-1,33511,86951,64762,30141,74623,3085,3402,6536,339-3,136-8,097-13,89717,5603,763
Appropriation of the result
9906 76,47172,57960,38373,588113,365124,02061,71920,335-2,973-8,313-10,966-17,305-14,169-6,07220,7033,763
14P 60,38360,38361,71961,71961,719-----------
691/2 16,08712,195011,86951,64762,301-362------878620
6920 16,08712,195011,86951,647--362------878620
6921 -----62,301----------
694/7 --------------12,000-
695 --------------12,000-
Social balance sheet
9087 111--0.60.60.2--------
Hours worked1013 1,0561,1551,072--1,0791,140350--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 18 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 20-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 20 days after the deadline. Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409298.

Financial year Type Filed Reference Document
31-12-2025 micro format 20-08-2026 2026-00409298 PDF
31-12-2024 micro format 08-07-2025 2025-00241307 PDF
31-12-2023 micro format 01-07-2024 2024-00221784 PDF
31-12-2022 micro format 07-07-2023 2023-00212122 PDF
31-12-2021 micro format 28-06-2022 2022-20106002 PDF
31-12-2020 full format 12-07-2021 2021-34800527 PDF
31-12-2019 abbreviated format 30-06-2020 2020-23000132 PDF
31-12-2018 abbreviated format 28-06-2019 2019-24600406 PDF
31-12-2017 abbreviated format 29-06-2018 2018-25900356 PDF
31-12-2016 abbreviated format 29-06-2017 2017-26100351 PDF
31-12-2015 full format 30-08-2016 2016-54500123 PDF
31-12-2014 full format 20-08-2015 2015-46600527 PDF
31-12-2013 full format 30-07-2014 2014-37200536 PDF
31-12-2012 full format 08-07-2013 2013-27600506 PDF
31-12-2011 full format 21-08-2012 2012-42900298 PDF
31-12-2010 full format 19-08-2011 2011-41700051 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
67,69667,40957,20766,813112,547127,91997,11373,10956,20170,09962,08659,87068,63146,71652,28333,815
47,93947,99436,39346,67177,84586,27966,68247,55531,20139,83449,95732,21047,42441,28847,09529,188
12,061-1001,36326,37647,90734,7214,0321,431015,569153,900255,02830,278400,16828,70557,966
-6,0026,400-3,144-20,284-13,679---2,8433,558-3,781-37,433-78,3328,10060,25051,067-
-93,760-83,375-85,825-76,386-52,036-47,005-55,090-83,719-93,714-89,410-93,267-48,565-9,7898,16874,65958,265
43.2%38.6%34.5%33.0%30.3%22.2%13.5%6.7%2.8%1.9%1.5%1.4%0.6%2.2%16.0%12.8%
0.330.370.350.350.490.620.460.230.250.240.260.610.941.062.875.52
0.200.270.260.280.490.620.460.230.250.240.260.610.941.062.875.52
1.061.311.611.741.993.095.6712.3631.2646.6261.8064.19-39.492.822.98
6.8%5.5%-0.6%5.7%26.2%42.8%50.2%56.4%29.6%20.9%63.0%-36.0%-283.9%-126.9%93.1%54.8%
2.9%2.1%-0.2%1.9%7.9%9.5%6.8%3.8%0.8%0.4%0.9%-0.5%-1.7%-2.8%14.9%7.0%
5.745.214.535.488.24-----------

EBIT margin: not included in this filing.

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.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date111
full-time000
part-time111
in full-time equivalents0.60.60.6
0.60.60.6
On a permanent contract111
Joined02-
Left02-

Source: social balance sheet in the 2023 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€182,600€182,600€182,600€182,600€182,600
€477,400€477,400€477,400€477,400€477,400
Carrying value of the mortgaged assets€499,920€519,711€555,510€591,975€600,400

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€12,061-€1,263€26,376€47,907
Financial fixed assets€0-€100--
€31,852€35,799€37,728€34,801€26,199

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FLEXWORKS

The operating result for 2025 is 13% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 50.7% to 45.7%. Equity is higher and debt is lower.

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