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Fiberflux

Active
Private limited companyfounded 20242 yrs activeSint-Pietersnieuwstraat 11, 9000 Gent, BelgiumKBO/BCE: BE 1010.908.066
Summary

The computed 12-month bankruptcy probability of Fiberflux is 2.3% (moderate). The 2025 annual accounts show equity of €2,161 and a net result of -€597,839. Its solvency ranks better than 18% of 130 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency25
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.98; short-term debt: 22.1% and cash: 4.1% of total assets), and 99.9% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 130 sector peers (2025).
NBB · sector comparison
Position among 130 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 d early
← before the deadline after the deadline →
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

Fiberflux was incorporated on 28 June 2024 as a Private limited company.1 The registered office was moved to Gent in 2026.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 02-09-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,161
Total assets
€2.3m
Net result
-€597,839
Working capital
-€8,781

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €2.3m
Fixed assets €1.8m
Current assets €498,284
Equity and liabilities €2.3m
Equity €2,161
Debt €2.3m
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€225,852
Cash flow
-€274,331
Current ratio
0.98
Quick ratio
0.81
ROA
-26.0%
Interest coverage
-4.65
Debt ≤ 1 year
€507,065
Debt > 1 year
€1.8m
A ratio outside any meaningful range has been withheld (balance sheet total €2.3m, equity €2,161).

Peer companies

Historical observation

Of the 450 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 87% are still going.

  • Small
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
  • without age
6.4% went bankrupt
5.3% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 450 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 · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€2.3m
Fixed assets21/28€1.8m
Intangible fixed assets21€1.4m
Tangible fixed assets22/27€378,872
Plant, machinery and equipment23€366,752
Furniture and vehicles24€12,121
Financial fixed assets28€19,900
Current assets29/58€498,284
Stocks and contracts in progress3€89,931
Contracts in progress37€89,931
Amounts receivable within one year40/41€307,888
Trade receivables40€263,463
Other amounts receivable41€44,425
Cash at bank and in hand54/58€95,144
Deferred charges and accrued income490/1€5,321
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€2,161
Contributions10/11€600,000
Profit (loss) carried forward14-€597,839
Amounts payable17/49€2.3m
Amounts payable after more than one year17€1.8m
Financial debts170/4€1.8m
Amounts payable within one year42/48€507,065
Current portion of amounts payable after more than one year42€82,336
Financial debts43€1,581
Credit institutions430/8€1,581
Trade debts44€238,422
Suppliers440/4€238,422
Advances received on contracts in progress46€179,862
Taxes, remuneration and social security45€4,642
Taxes450/3€4,642
Other amounts payable47/48€222
Accrued charges and deferred income492/3€5,625
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€323,508
Other operating charges640/8€693
Gross operating margin9900-€225,159
Operating profit (loss)9901-€549,360
Financial income75/76B€64
Recurring financial income75€64
Financial charges65/66B€48,543
Recurring financial charges65€48,543
Profit (loss) for the period before taxes9903-€597,839
Profit (loss) for the period9904-€597,839
Profit (loss) for the period to be appropriated9905-€597,839
Appropriation of the result
Profit (loss) to be appropriated9906-€597,839

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€323,508
Other operating charges640/8€693
Gross operating margin9900-€225,159
Operating profit (loss)9901-€549,360
Financial income75/76B€64
Recurring financial income75€64
Financial charges65/66B€48,543
Recurring financial charges65€48,543
Profit (loss) for the period before taxes9903-€597,839
Profit (loss) for the period9904-€597,839
Profit (loss) for the period to be appropriated9905-€597,839
Line2025
Assets
Total assets20/58€2.3m
Fixed assets21/28€1.8m
Intangible fixed assets21€1.4m
Tangible fixed assets22/27€378,872
Plant, machinery and equipment23€366,752
Furniture and vehicles24€12,121
Financial fixed assets28€19,900
Current assets29/58€498,284
Stocks and contracts in progress3€89,931
Contracts in progress37€89,931
Amounts receivable within one year40/41€307,888
Trade receivables40€263,463
Other amounts receivable41€44,425
Cash at bank and in hand54/58€95,144
Deferred charges and accrued income490/1€5,321
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€2,161
Contributions10/11€600,000
Profit (loss) carried forward14-€597,839
Amounts payable17/49€2.3m
Amounts payable after more than one year17€1.8m
Financial debts170/4€1.8m
Amounts payable within one year42/48€507,065
Current portion of amounts payable after more than one year42€82,336
Financial debts43€1,581
Credit institutions430/8€1,581
Trade debts44€238,422
Suppliers440/4€238,422
Advances received on contracts in progress46€179,862
Taxes, remuneration and social security45€4,642
Taxes450/3€4,642
Other amounts payable47/48€222
Accrued charges and deferred income492/3€5,625
Line2025
Profit (loss) for the period9904-€597,839
+ Depreciation and write-downs630€323,508
Operating cash flow (approximation)-€274,331

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

2026
02-09
State Gazette act Registered office
Registered-office move · Power of attorney3 facts ▸
  • Board meeting, 20-07-2026
  • Registered-office move, Sint-Pietersnieuwstraat 11, 9000 Gent
  • Power of attorney, NV TITECA
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
State Gazette actNBB filing
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
359 m²
Building footprint
282 m²
Volume, LiDAR
4,501 m³
Parcel 44805E0287/00N000, Flanders · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
20 companies at this address See who is registered here
1 establishment unit
Fiberflux
Sint-Pietersnieuwstraat 11, 9000 GentManufacture of rubber and plastic products
since 20242.362.592.475
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44805E0287/00N000
ProtectedTownscape or village viewKatoenspinnerij De Gandt-Vander Schueren en omgevingSource ↗
Flanders 359 m² 1 · 282 m² 20.2 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 3 entries · 55,939 EUR awarded · 16,339 EUR paid
Year Entries awardedpaid
2025 2 53,839 EUR16,339 EUR
2024 1 2,100 EUR0 EUR
Schemes
1 entry · 50,000 EUR · 12,500 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 3,839 EUR · 3,839 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · 2,100 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 294. 17 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
Founded28-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
26510Manufacture of computer, electronic and optical products
28990Manufacture of machinery and equipment not elsewhere classified
32990Other manufacturing not elsewhere classified
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010908066
Registered 01-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.