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AFFLUX

Active
Private limited company (pre-2019)founded 20179 yrs activeRue Ferdinand Nicolay 557, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 0673.646.786
Summary

AFFLUX has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €101,992 and a net result of €9,510. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 5899 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability74▼-10
Solvency67▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.85 in 2023; short-term debt: 58.3% and cash: 61.9% of total assets), but 58.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
41.7%
Return on assets
3.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
58 d early
2023
51 d early
2022
51 d late
2021
31 d late
2019
314 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

AFFLUX was incorporated on 29 March 2017.1 Total assets rose from EUR 77,980 in 2019 to EUR 244,339 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,510▼ 62.3%
2023 · €25,259
Working capital
€76,447▲ 1.9%
2023 · €75,012
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192021202220232024
Operating result€830-€13,665-€40,269▲ 195%€14,213▼ 64.7%€16,586▲ 16.7%
Net result€721-€12,988within the sector's middle half-€39,095above the sector's middle half▲ 201%€25,259above the sector's middle half▼ 35.4%€9,510within the sector's middle half▼ 62.3%
Equity€13,342-€28,128within the sector's middle half-€67,223within the sector's middle half▲ 139%€92,482within the sector's middle half▲ 37.6%€101,992within the sector's middle half▲ 10.3%
Total assets€77,980-€67,068within the sector's middle half-€117,444within the sector's middle half▲ 75.1%€201,016within the sector's middle half▲ 71.2%€244,339within the sector's middle half▲ 21.6%
Debt€31,638-€5,941-€17,221▲ 190%€88,534▲ 414%€142,347▲ 60.8%
Working capital€46,342-€50,338within the sector's middle half-€79,795above the sector's middle half▲ 58.5%€75,012above the sector's middle half▼ 6.0%€76,447above the sector's middle half▲ 1.9%
Solvency17.1%-41.9%within the sector's middle half-57.2%within the sector's middle half▲ 15.3pp46.0%within the sector's middle half▼ 11.2pp41.7%within the sector's middle half▼ 4.3pp
Current ratio2.46-9.47above the sector's middle half-5.63above the sector's middle half▼ 3.841.85within the sector's middle half▼ 3.791.54within the sector's middle half▼ 0.31
Return on assets (ROA)0.9%-19.4%above the sector's middle half-33.3%above the sector's middle half▲ 13.9pp12.6%within the sector's middle half▼ 20.7pp3.9%within the sector's middle half▼ 8.7pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2019: €830€830Net result 2019: €721€721Operating result 2021: €13,665€13,665Net result 2021: €12,988€12,988Operating result 2022: €40,269€40,269Net result 2022: €39,095€39,095Operating result 2023: €14,213€14,213Net result 2023: €25,259€25,259Operating result 2024: €16,586€16,586Net result 2024: €9,510€9,51020192021202220232024€0€20,000€40,000Operating result 2022: €40,269€40,300Net result 2022: €39,095€39,100Operating result 2023: €14,213€14,200Net result 2023: €25,259€25,300Operating result 2024: €16,586€16,600Net result 2024: €9,510€9,510202220232024
The operating result recovers in 2024; 2024 is 17% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €244,339
Fixed assets €25,544 ▼ 31.8%
Current assets €218,794 ▲ 33.8%
Equity and liabilities €244,339
Equity €101,992 ▲ 10.3%
Provisions €0 ▼ 100%
Debt €142,347 ▲ 60.8%
Debt's share of the balance-sheet total rises from 44.0% to 58.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€28,511▲
2023 · €27,218
Cash flow
€21,436▼
2023 · €38,263
Quick ratio
1.54▼
2023 · 1.85
Debt to equity
1.40▲
2023 · 0.96
ROE
9.3%▼
2023 · 27.3%
Interest coverage
31.57▼
2023 · 33.92
Debt ≤ 1 year
€142,347▲
2023 · €88,534
Income taxes
€6,173▲
2023 · €1,152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€201,016€244,339▲
Fixed assets21/28€37,470€25,544▼
Tangible fixed assets22/27€37,470€25,544▼
Furniture and vehicles24€37,470€25,544▼
Current assets29/58€163,546€218,794▲
Stocks and contracts in progress3-€275
Stocks30/36-€275
Amounts receivable within one year40/41€42,074€58,892▲
Trade receivables40€8,303€2,591▼
Other amounts receivable41€33,771€56,302▲
Cash at bank and in hand54/58€113,156€151,312▲
Deferred charges and accrued income490/1€8,315€8,315=
Equity and liabilities
Total equity and liabilities10/49€201,016€244,339▲
Equity10/15€92,482€101,992▲
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Profit (loss) carried forward14€86,282€95,792▲
Provisions and deferred taxes16€20,000-
Provisions for liabilities and charges160/5€20,000-
Other liabilities and charges164/5€20,000-
Amounts payable17/49€88,534€142,347▲
Amounts payable within one year42/48€88,534€142,347▲
Financial debts43€2,144€1,027▼
Credit institutions430/8€2,144€1,027▼
Trade debts44€86,390€141,320▲
Suppliers440/4€86,390€141,320▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,005€11,926▼
Other operating charges640/8€1,379€834▼
Gross operating margin9900€28,597€29,345▲
Operating profit (loss)9901€14,213€16,586▲
Financial income75/76B€13,000-
Recurring financial income75€13,000-
Non-recurring financial income76B€13,000-
Financial charges65/66B€802€903▲
Recurring financial charges65€802€903▲
Profit (loss) for the period before taxes9903€26,411€15,683▼
Income taxes67/77€1,152€6,173▲
Profit (loss) for the period9904€25,259€9,510▼
Profit (loss) for the period to be appropriated9905€25,259€9,510▼
Appropriation of the result
Profit (loss) to be appropriated9906€86,282€95,792▲
Profit (loss) brought forward from the previous period14P€61,023€86,282▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,395€9,153€13,005€11,926▼ 8.3%
Other operating charges640/8--€2,650€1,379€834▼ 39.5%
Gross operating margin9900€1,259€19,060€52,072€28,597€29,345▲ 2.6%
Operating profit (loss)9901€830€13,665€40,269€14,213€16,586▲ 16.7%
Financial income75/76B---€13,000--
Recurring financial income75---€13,000--
Non-recurring financial income76B---€13,000--
Financial charges65/66B-€676€663€802€903▲ 12.6%
Recurring financial charges65€109€676€663€802€903▲ 12.6%
Profit (loss) for the period before taxes9903€721€12,988€39,606€26,411€15,683▼ 40.6%
Income taxes67/77--€511€1,152€6,173▲ 436%
Profit (loss) for the period9904€721€12,988€39,095€25,259€9,510▼ 62.3%
Profit (loss) for the period to be appropriated9905€721€12,988€39,095€25,259€9,510▼ 62.3%
Line20192021202220232024Change
Assets
Total assets20/58€77,980€67,068€117,444€201,016€244,339▲ 21.6%
Fixed assets21/28-€10,790€20,428€37,470€25,544▼ 31.8%
Tangible fixed assets22/27-€10,790€20,428€37,470€25,544▼ 31.8%
Furniture and vehicles24-€10,790€20,428€37,470€25,544▼ 31.8%
Current assets29/58€77,980€56,278€97,016€163,546€218,794▲ 33.8%
Stocks and contracts in progress3----€275-
Stocks30/36----€275-
Amounts receivable within one year40/41€50,280€3,606€23,765€42,074€58,892▲ 40.0%
Trade receivables40-€69€7,011€8,303€2,591▼ 68.8%
Other amounts receivable41-€3,537€16,754€33,771€56,302▲ 66.7%
Cash at bank and in hand54/58€27,700€44,358€64,936€113,156€151,312▲ 33.7%
Deferred charges and accrued income490/1-€8,315€8,315€8,315€8,315=
Equity and liabilities
Total equity and liabilities10/49€77,980€67,068€117,444€201,016€244,339▲ 21.6%
Equity10/15€13,342€28,128€67,223€92,482€101,992▲ 10.3%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14€7,142€21,928€61,023€86,282€95,792▲ 11.0%
Provisions and deferred taxes16€33,000€33,000€33,000€20,000--
Provisions for liabilities and charges160/5-€33,000€33,000€20,000--
Other liabilities and charges164/5-€33,000€33,000€20,000--
Amounts payable17/49€31,638€5,941€17,221€88,534€142,347▲ 60.8%
Amounts payable within one year42/48€31,638€5,941€17,221€88,534€142,347▲ 60.8%
Financial debts43-€1,027€1,031€2,144€1,027▼ 52.1%
Credit institutions430/8-€1,027€1,031€2,144€1,027▼ 52.1%
Trade debts44€31,638€4,914€16,189€86,390€141,320▲ 63.6%
Suppliers440/4-€4,914€16,189€86,390€141,320▲ 63.6%
Line20192021202220232024Change
Profit (loss) for the period9904€721€12,988€39,095€25,259€9,510▼ 62.3%
+ Depreciation and write-downs630-€5,395€9,153€13,005€11,926▼ 8.3%
Operating cash flow (approximation)€721€18,383€48,249€38,263€21,436▼ 44.0%
Investment in fixed assets (approximation)---€18,791-€30,047€0▲ 100%
Change in cash--€20,578€48,220€38,156▼ 20.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100,000Eq €101,992 ▲10.3%
5 profitable years in a row build equity to €101,992.
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial Highest result since 2019net €39,095 ▲201%
Operating result €40,269, net result €39,095, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 9.47
Current ratio from 2.46 to 9.47; short-term debt falls from €31,638 to €5,941.
10-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 314 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Saint-Nicolas · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
258 m²
Building footprint
97 m²
Volume, LiDAR
752 m³
Parcel 62102B0254/00R000, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AFFLUX
Rue Ferdinand Nicolay 557, 4420 Saint-NicolasSpecialised construction activities
since 20172.378.094.263
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62102B0254/00R000 Wallonia 258 m² 1 · 97 m² 11.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 2,011 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
81220Other building cleaning and industrial cleaning
95316Washing and cleaning of motor vehicles
49330On-demand passenger transport by chauffeured vehicle
81210General cleaning of buildings
81230Other cleaning activities
Contact
E-mail affluxsprl@yahoo.com
Phone 0472841248
E-invoicing
Not found in the Peppol register

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