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Fiberflux

Active
Private limited companyfounded 2024active for 2 yearsSint-Pietersnieuwstraat 11, 9000 Gent, Belgium20 active companies are registered at this addressKBO/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 157 sector peers (NACE 22, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

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

Turnover and EBIT margin not published: the micro format 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 87.1% 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
87.1% 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 497,472 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% 1.8%
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 74.5% 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€0.4m
Plant, machinery and equipment23€0.4m
Furniture and vehicles24€0.01m
Financial fixed assets28€0.02m
Current assets29/58€0.5m
Stocks and contracts in progress3€0.09m
Contracts in progress37€0.09m
Amounts receivable within one year40/41€0.3m
Trade receivables40€0.3m
Other amounts receivable41€0.04m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.005m
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€0.002m
Contributions10/11€0.6m
Profit (loss) carried forward14-€0.6m
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€0.5m
Current portion of amounts payable after more than one year42€0.08m
Financial debts43€0.002m
Credit institutions430/8€0.002m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.2m
Taxes, remuneration and social security45€0.005m
Taxes450/3€0.005m
Other amounts payable47/48€222
Accrued charges and deferred income492/3€0.006m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m
Other operating charges640/8€0.001m
Gross operating margin9900-€0.2m
Operating profit (loss)9901-€0.5m
Financial income75/76B€64
Recurring financial income75€64
Financial charges65/66B€0.05m
Recurring financial charges65€0.05m
Profit (loss) for the period before taxes9903-€0.6m
Profit (loss) for the period9904-€0.6m
Profit (loss) for the period to be appropriated9905-€0.6m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.6m

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€0.4m
Plant, machinery and equipment23€0.4m
Furniture and vehicles24€0.01m
Financial fixed assets28€0.02m
Current assets29/58€0.5m
Stocks and contracts in progress3€0.09m
Contracts in progress37€0.09m
Amounts receivable within one year40/41€0.3m
Trade receivables40€0.3m
Other amounts receivable41€0.04m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.005m
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€0.002m
Contributions10/11€0.6m
Profit (loss) carried forward14-€0.6m
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€0.5m
Current portion of amounts payable after more than one year42€0.08m
Financial debts43€0.002m
Credit institutions430/8€0.002m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.2m
Taxes, remuneration and social security45€0.005m
Taxes450/3€0.005m
Other amounts payable47/48€222
Accrued charges and deferred income492/3€0.006m
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.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-07-2026 2026-00382428

Similar companies · same sector, comparable size

Of the 363 active companies whose main activity is manufacture of rubber and plastic products (NACE 22210), figures are known for 291. 17 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 3 entries · €55,939 awarded · €16,339 paid
Year Entries AwardedPaid
2025 2 €53,839€16,339
2024 1 €2,100€0
Schemes
1 entry · €50,000 · €12,500 paid · Fonds voor Innoveren en Ondernemen
1 entry · €3,839 · €3,839 paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · €2,100 · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.