FleXSo: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
FleXSo
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €2.2m+€46,752
Equity
€19.0m
2024 · €17.7m+€1.3m
Cash
€72,609
2024 · €158,602-€85,993
Balance sheet total
€34.9m
2024 · €28.8m+€6.1m
Largest movements
Assets
- Receivables within one year +€4.5m
up €4.5m (+17.3%), from €25.8m to €30.3m
of which Trade receivables: +€2.7m
- Deferred charges and accrued income +€991,537
up €991,537 (+191.8%), from €516,903 to €1.5m
- Receivables after one year +€822,500
new in 2025: €822,500
Equity and liabilities
- Accrued charges and deferred income +€2.9m
up €2.9m (+614.7%), from €465,000 to €3.3m
- Trade debts +€1.5m
up €1.5m (+18.0%), from €8.1m to €9.5m
- Reserves +€1.3m
up €1.3m (+7.3%), from €17.7m to €19.0m
of which Distributable reserves: +€1.2m
- Advances received +€542,940
up €542,940 (+159.8%), from €339,835 to €882,775
Income statement
- Goods and materials +€4.8m
up €4.8m (+14.4%), from €33.2m to €37.9m
- Turnover -€2.2m
down €2.2m (-4.1%), from €52.9m to €50.7m
- Other operating income +€1.6m
up €1.6m (+95.5%), from €1.7m to €3.3m
- Financial income -€911,249
down €911,249 (-70.3%), from €1.3m to €385,044
of which Financial income: -€894,559
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€2.2m
Turnover
-€2.2m
Other operating income
+€1.6m
Goods and materials
-€4.8m
Services and other goods
+€313,135
Staff costs
+€421,850
Depreciation
-€40,954
Write-downs
-€271,994
Provisions
-€13,633
Other operating charges
+€15,841
Other operating items
+€6.1m
Financial income
-€911,249
Financial charges
-€18,828
Taxes
-€255,524
Result 2025
€2.3m
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.0m
Investment
-€129,034
Financing
-€1.0m
Cash 2024
€158,602
From operations (derived)
+€1.0m
Net result for the year
+€2.3m
Depreciation
+€326,104
Receivables after one year
-€822,500
Stocks and contracts
-€58,369
Receivables within one year
-€4.5m
Deferred charges and accrued income
-€991,537
Provisions
+€14,792
Trade debts
+€1.5m
Tax, wage and social debts
-€150,850
Advances received
+€542,940
Other debts
+€60,000
Accrued charges and deferred income
+€2.9m
Investment (derived)
-€129,034
Investment in fixed assets (net)
-€129,034
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€72,609
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,837,095 | €34,896,745 | +€6.1m | +21.0% |
| Fixed assets | 21/28 | €2,315,864 | €2,118,795 | -€197,069 | -8.5% |
| Intangible fixed assets | 21 | - | €9,991 | +€9,991 | |
| Tangible fixed assets | 22/27 | €805,764 | €595,877 | -€209,887 | -26.0% |
| Plant, machinery and equipment | 23 | €274,781 | €240,059 | -€34,722 | -12.6% |
| Furniture and vehicles | 24 | €132,250 | €90,364 | -€41,886 | -31.7% |
| Leasing and similar rights | 25 | €21,460 | €15,516 | -€5,944 | -27.7% |
| Other tangible fixed assets | 26 | €377,273 | €249,939 | -€127,334 | -33.8% |
| Financial fixed assets | 28 | €1,510,100 | €1,512,927 | +€2,827 | +0.2% |
| Affiliated companies | 280/1 | €1,453,890 | €1,426,750 | -€27,140 | -1.9% |
| Participating interests | 280 | €1,453,890 | €1,426,750 | -€27,140 | -1.9% |
| Other financial fixed assets | 284/8 | €56,210 | €86,177 | +€29,967 | +53.3% |
| Amounts receivable and cash guarantees | 285/8 | €56,210 | €86,177 | +€29,967 | +53.3% |
| Current assets | 29/58 | €26,521,231 | €32,777,950 | +€6.3m | +23.6% |
| Amounts receivable after more than one year | 29 | - | €822,500 | +€822,500 | |
| Other amounts receivable | 291 | - | €822,500 | +€822,500 | |
| Stocks and contracts in progress | 3 | €5,264 | €63,633 | +€58,369 | +1108.8% |
| Contracts in progress | 37 | €5,264 | €63,633 | +€58,369 | +1108.8% |
| Amounts receivable within one year | 40/41 | €25,840,462 | €30,310,768 | +€4.5m | +17.3% |
| Trade receivables | 40 | €11,011,886 | €13,683,541 | +€2.7m | +24.3% |
| Other amounts receivable | 41 | €14,828,575 | €16,627,226 | +€1.8m | +12.1% |
| Cash at bank and in hand | 54/58 | €158,602 | €72,609 | -€85,993 | -54.2% |
| Deferred charges and accrued income | 490/1 | €516,903 | €1,508,441 | +€991,537 | +191.8% |
| Total equity and liabilities | 10/49 | €28,837,095 | €34,896,745 | +€6.1m | +21.0% |
| Equity | 10/15 | €17,743,394 | €19,027,077 | +€1.3m | +7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €17,681,350 | €18,964,200 | +€1.3m | +7.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €652,550 | €778,850 | +€126,300 | +19.4% |
| Distributable reserves | 133 | €17,022,600 | €18,179,150 | +€1.2m | +6.8% |
| Profit (loss) carried forward | 14 | €44 | €877 | +€833 | +1915.1% |
| Provisions and deferred taxes | 16 | €1,502 | €16,294 | +€14,792 | +984.9% |
| Provisions for liabilities and charges | 160/5 | €1,502 | €16,294 | +€14,792 | +984.9% |
| Pensions and similar obligations | 160 | €1,502 | €16,294 | +€14,792 | +984.9% |
| Amounts payable | 17/49 | €11,092,200 | €15,853,373 | +€4.8m | +42.9% |
| Amounts payable within one year | 42/48 | €10,627,200 | €12,529,918 | +€1.9m | +17.9% |
| Trade debts | 44 | €8,078,610 | €9,529,238 | +€1.5m | +18.0% |
| Suppliers | 440/4 | €8,078,610 | €9,529,238 | +€1.5m | +18.0% |
| Advances received on contracts in progress | 46 | €339,835 | €882,775 | +€542,940 | +159.8% |
| Taxes, remuneration and social security | 45 | €2,208,754 | €2,057,904 | -€150,850 | -6.8% |
| Taxes | 450/3 | €724,323 | €623,065 | -€101,257 | -14.0% |
| Remuneration and social security | 454/9 | €1,484,432 | €1,434,839 | -€49,593 | -3.3% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | €465,000 | €3,323,456 | +€2.9m | +614.7% |
| Operating income | 70/76A | €55,174,739 | €60,815,661 | +€5.6m | +10.2% |
| Turnover | 70 | €52,883,414 | €50,724,792 | -€2.2m | -4.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €542,928 | €6,726,455 | +€6.2m | +1138.9% |
| Other operating income | 74 | €1,705,849 | €3,334,324 | +€1.6m | +95.5% |
| Non-recurring operating income | 76A | €42,548 | €30,090 | -€12,458 | -29.3% |
| Operating charges | 60/66A | €53,402,667 | €57,811,237 | +€4.4m | +8.3% |
| Goods for resale, raw materials and consumables | 60 | €33,165,867 | €37,949,472 | +€4.8m | +14.4% |
| Purchases | 600/8 | €33,165,867 | €37,949,472 | +€4.8m | +14.4% |
| Services and other goods | 61 | €7,779,711 | €7,466,575 | -€313,135 | -4.0% |
| Remuneration, social security and pensions | 62 | €11,786,433 | €11,364,583 | -€421,850 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285,149 | €326,104 | +€40,954 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €336,333 | €608,327 | +€271,994 | +80.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,160 | €14,792 | +€13,633 | +1175.3% |
| Other operating charges | 640/8 | €48,014 | €32,173 | -€15,841 | -33.0% |
| Non-recurring operating charges | 66A | - | €49,212 | +€49,212 | |
| Operating profit (loss) | 9901 | €1,772,072 | €3,004,423 | +€1.2m | +69.5% |
| Financial income | 75/76B | €1,296,292 | €385,044 | -€911,249 | -70.3% |
| Recurring financial income | 75 | €1,247,532 | €352,974 | -€894,559 | -71.7% |
| Income from financial fixed assets | 750 | €848,000 | - | -€848,000 | |
| Income from current assets | 751 | €389,583 | €330,104 | -€59,479 | -15.3% |
| Other financial income | 752/9 | €9,949 | €22,870 | +€12,920 | +129.9% |
| Non-recurring financial income | 76B | €48,760 | €32,070 | -€16,690 | -34.2% |
| Financial charges | 65/66B | €197,383 | €216,210 | +€18,828 | +9.5% |
| Recurring financial charges | 65 | €197,383 | €216,210 | +€18,828 | +9.5% |
| Debt charges | 650 | €191,374 | €209,086 | +€17,712 | +9.3% |
| Other financial charges | 652/9 | €6,009 | €7,125 | +€1,116 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €2,870,982 | €3,173,257 | +€302,275 | +10.5% |
| Income taxes | 67/77 | €634,050 | €889,573 | +€255,524 | +40.3% |
| Taxes | 670/3 | €673,500 | €889,600 | +€216,100 | +32.1% |
| Tax adjustments and reversals of tax provisions | 77 | €39,450 | €27 | -€39,424 | -99.9% |
| Profit (loss) for the period | 9904 | €2,236,932 | €2,283,683 | +€46,752 | +2.1% |
| Transfer from tax-exempt reserves | 789 | €1,094,600 | €231,550 | -€863,050 | -78.8% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €357,850 | +€252,600 | +240.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,226,282 | €2,157,383 | -€1.1m | -33.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.