FLEXSO BRUSSELS: what changed
Two financial 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 BRUSSELS
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€48,359
2024 · €726,152-€774,511
Equity
€2.4m
2024 · €2.5m-€48,359
Cash
€27,463
2024 · €69,947-€42,484
Balance sheet total
€4.6m
2024 · €5.3m-€732,737
Largest movements
Assets
- Receivables within one year -€791,717
down €791,717 (-15.8%), from €5.0m to €4.2m
of which Trade receivables: -€876,999
- Stocks and contracts +€111,060
up €111,060 (+226%), from €49,171 to €160,231
Equity and liabilities
- Trade debts -€478,909
down €478,909 (-24.3%), from €2.0m to €1.5m
- Tax, wage and social debts -€232,763
down €232,763 (-30.3%), from €768,747 to €535,985
of which Taxes: -€190,879
Income statement
- Turnover -€2.0m
down €2.0m (-12.7%), from €16.1m to €14.1m
- Purchases and services -€1.3m
down €1.3m (-11.5%), from €11.6m to €10.3m
- Gross operating margin -€695,767
down €695,767 (-14.8%), from €4.7m to €4.0m
- Staff costs +€366,527
up €366,527 (+10.5%), from €3.5m to €3.9m
- Taxes -€259,445
down €259,445 (-89.1%), from €291,150 to €31,705
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
€726,152
Gross operating margin
-€695,767
Staff costs
-€366,527
Depreciation
-€5,040
Write-downs
+€20,725
Other operating charges
+€4,619
Financial income
+€18,157
Financial charges
-€10,122
Taxes
+€259,445
Result 2025
-€48,359
raises the resultlowers the result
Derived cash bridge
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
+€431
Investment
-€42,915
Financing
€0
Cash 2024
€69,947
From operations (derived)
+€431
Net result for the year
-€48,359
Depreciation
+€77,847
Stocks and contracts
-€111,060
Receivables within one year
+€791,717
Deferred charges and accrued income
-€25,336
Provisions
+€5,702
Trade debts
-€478,909
Tax, wage and social debts
-€232,763
Advances received
-€9,733
Accrued charges and deferred income
+€31,325
Investment (derived)
-€42,915
Investment in fixed assets (net)
-€42,915
Cash 2025
€27,463
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,334,218 | €4,601,481 | -€732,737 | -13.7% |
| Fixed assets | 21/28 | €140,098 | €105,166 | -€34,932 | -24.9% |
| Tangible fixed assets | 22/27 | €140,098 | €105,166 | -€34,932 | -24.9% |
| Land and buildings | 22 | €975 | €535 | -€440 | -45.2% |
| Plant, machinery and equipment | 23 | €70,530 | €69,566 | -€964 | -1.4% |
| Furniture and vehicles | 24 | €19,199 | €8,591 | -€10,608 | -55.3% |
| Other tangible fixed assets | 26 | €49,394 | €26,474 | -€22,920 | -46.4% |
| Current assets | 29/58 | €5,194,120 | €4,496,315 | -€697,805 | -13.4% |
| Stocks and contracts in progress | 3 | €49,171 | €160,231 | +€111,060 | +226% |
| Contracts in progress | 37 | €49,171 | €160,231 | +€111,060 | +226% |
| Amounts receivable within one year | 40/41 | €5,001,372 | €4,209,654 | -€791,717 | -15.8% |
| Trade receivables | 40 | €3,397,818 | €2,520,819 | -€876,999 | -25.8% |
| Other amounts receivable | 41 | €1,603,553 | €1,688,835 | +€85,281 | +5.3% |
| Cash at bank and in hand | 54/58 | €69,947 | €27,463 | -€42,484 | -60.7% |
| Deferred charges and accrued income | 490/1 | €73,630 | €98,967 | +€25,336 | +34.4% |
| Total equity and liabilities | 10/49 | €5,334,218 | €4,601,481 | -€732,737 | -13.7% |
| Equity | 10/15 | €2,470,886 | €2,422,526 | -€48,359 | -2.0% |
| 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 | €2,408,570 | €2,360,470 | -€48,100 | -2.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €408,370 | €210,500 | -€197,870 | -48.5% |
| Distributable reserves | 133 | €1,994,000 | €2,143,770 | +€149,770 | +7.5% |
| Profit (loss) carried forward | 14 | €316 | €56 | -€259 | -82.2% |
| Provisions and deferred taxes | 16 | - | €5,702 | +€5,702 | |
| Provisions for liabilities and charges | 160/5 | - | €5,702 | +€5,702 | |
| Pensions and similar obligations | 160 | - | €5,702 | +€5,702 | |
| Amounts payable | 17/49 | €2,863,333 | €2,173,253 | -€690,080 | -24.1% |
| Amounts payable within one year | 42/48 | €2,754,844 | €2,033,440 | -€721,405 | -26.2% |
| Trade debts | 44 | €1,972,806 | €1,493,897 | -€478,909 | -24.3% |
| Suppliers | 440/4 | €1,972,806 | €1,493,897 | -€478,909 | -24.3% |
| Advances received on contracts in progress | 46 | €13,291 | €3,558 | -€9,733 | -73.2% |
| Taxes, remuneration and social security | 45 | €768,747 | €535,985 | -€232,763 | -30.3% |
| Taxes | 450/3 | €293,684 | €102,805 | -€190,879 | -65.0% |
| Remuneration and social security | 454/9 | €475,064 | €433,180 | -€41,884 | -8.8% |
| Accrued charges and deferred income | 492/3 | €108,488 | €139,813 | +€31,325 | +28.9% |
| Turnover | 70 | €16,118,256 | €14,074,989 | -€2.0m | -12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,649,091 | €10,314,608 | -€1.3m | -11.5% |
| Remuneration, social security and pensions | 62 | €3,506,258 | €3,872,785 | +€366,527 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,807 | €77,847 | +€5,040 | +6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,354 | €15,629 | -€20,725 | -57.0% |
| Other operating charges | 640/8 | €21,550 | €16,931 | -€4,619 | -21.4% |
| Gross operating margin | 9900 | €4,706,107 | €4,010,340 | -€695,767 | -14.8% |
| Operating profit (loss) | 9901 | €1,069,138 | €27,147 | -€1.0m | -97.5% |
| Financial income | 75/76B | €5,653 | €23,811 | +€18,157 | +321% |
| Recurring financial income | 75 | €5,653 | €23,811 | +€18,157 | +321% |
| Financial charges | 65/66B | €57,490 | €67,612 | +€10,122 | +17.6% |
| Recurring financial charges | 65 | €57,490 | €67,612 | +€10,122 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €1,017,302 | -€16,654 | -€1.0m | |
| Income taxes | 67/77 | €291,150 | €31,705 | -€259,445 | -89.1% |
| Profit (loss) for the period | 9904 | €726,152 | -€48,359 | -€774,511 | |
| Transfer from tax-exempt reserves | 789 | €239,970 | €197,870 | -€42,100 | -17.5% |
| Transfer to tax-exempt reserves | 689 | €210,500 | - | -€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €755,622 | €149,511 | -€606,111 | -80.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.