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Fluiconnecto

Active
Public limited companyfounded 1995active for 31 yearsNoorderlaan 97, 2030 Antwerpen, BelgiumKBO/BCE: BE 0454.946.232
Summary

The computed 12-month bankruptcy probability of Fluiconnecto is 1.9% (moderate). The 2024 annual accounts show negative equity (-€275,668) and a net result of €278,829. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 505 sector peers (NACE 28, financial year 2024). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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FluiconnectoActiveChecked score 53/100
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Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.

Turnover
€2.5m▼ 3.1%
2022 · €2.6m
EBIT margin
-6.5%▼ 3.6pp
2022 · -2.9%
Net result
€278,829
2023 · -€107,840
Working capital
-€336,535▲ 7.1%
2023 · -€362,111
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €360,584 in 2024 against €161,995 in 2023; the loss grows and 2024 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€2.5m 2023 Operating result-€0.4m 2024 Net result€0.3m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€3.0m-€3.0m▼ 2.6%€2.8m▼ 5.4%€2.4m▼ 15.6%€2.6m▲ 8.4%€2.5m▼ 3.1%
Operating result€0.03m-€0.04m▲ 28.3%€0.06m▲ 62.6%-€0.2m-€0.08m▲ 68.0%-€0.2m▼ 115%-€0.4m▼ 123%
Net result€0.02m-€0.02m▲ 5.1%€0.04mwithin the sector's middle half▲ 71.8%-€0.2mbelow the sector's middle half-€1.2mbelow the sector's middle half▼ 394%-€0.1mbelow the sector's middle half▲ 90.7%€0.3mabove the sector's middle half
EBIT margin1.0%-1.3%▲ 0.3pp2.2%▲ 0.9pp-10.0%▼ 12.2pp-2.9%▲ 7.0pp-6.5%▼ 3.6pp
Equity€0.9m-€0.9m▲ 2.8%€1.0mwithin the sector's middle half▲ 4.6%€0.7mwithin the sector's middle half▼ 24.7%-€0.4mbelow the sector's middle half-€0.6mbelow the sector's middle half▼ 24.1%-€0.3mbelow the sector's middle half▲ 50.3%
Total assets€2.0m-€1.8m▼ 10.5%€1.3mbelow the sector's middle half▼ 26.3%€1.5mbelow the sector's middle half▲ 12.0%€1.5mbelow the sector's middle half▲ 2.6%€1.3mbelow the sector's middle half▼ 13.6%€1.4mwithin the sector's middle half▲ 9.9%
Debt€1.1m-€0.9m▼ 21.3%€0.4m▼ 58.9%€0.7m▲ 111%€2.0m▲ 161%€1.9m▼ 5.0%€1.7m▼ 8.1%
Working capital€0.9m-€0.9m▼ 1.9%€1.0mwithin the sector's middle half▲ 11.2%€0.8mwithin the sector's middle half▼ 21.3%-€0.1mbelow the sector's middle half-€0.4mbelow the sector's middle half▼ 175%-€0.3mbelow the sector's middle half▲ 7.1%
Solvency44.7%-51.3%▲ 6.6pp72.9%above the sector's middle half▲ 21.5pp49.0%within the sector's middle half▼ 23.9pp-29.7%below the sector's middle half▼ 78.7pp-42.7%below the sector's middle half▼ 13.0pp-19.3%below the sector's middle half▲ 23.4pp
Current ratio1.91-2.12▲ 0.215.29above the sector's middle half▲ 3.162.43above the sector's middle half▼ 2.860.91below the sector's middle half▼ 1.520.77below the sector's middle half▼ 0.150.79below the sector's middle half▲ 0.02
Return on assets (ROA)1.2%-1.4%▲ 0.2pp3.2%within the sector's middle half▲ 1.8pp-16.1%below the sector's middle half▼ 19.3pp-77.5%below the sector's middle half▼ 61.4pp-8.3%below the sector's middle half▲ 69.2pp19.5%above the sector's middle half▲ 27.8pp
Staff (FTE)12.6-10.7▼ 15.1%9.8within the sector's middle half▼ 8.4%10.8within the sector's middle half▲ 10.2%11.5within the sector's middle half▲ 6.5%11.9within the sector's middle half▲ 3.5%11.8within the sector's middle half▼ 0.8%
above within below the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €163,436 ▲ 37.0%
Current assets €1.3m ▲ 7.2%
Equity and liabilities
Equity-€275,668
Debt€1.7m
Equity is negative: debt (€1.7m) exceeds the balance-sheet total (€1.4m).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€340,633▼
2023 · -€144,716
Cash flow
€298,779▲
2023 · -€90,561
Quick ratio
0.41▼
2023 · 0.41
Interest coverage
-1564.62▼
2023 · -600.48
Debt ≤ 1 year
€1.6m▲
2023 · €1.5m
Income taxes
-€639,460▼
2023 · -€54,325
Staff costs
€876,909▲
2023 · €796,611
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 317 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 91.8% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
4.1% stopped otherwise
91.8% still going

A further 2.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,475 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% 0.9%
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 317 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 · 64 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.4m▲
Fixed assets21/28€0.1m€0.2m▲
Tangible fixed assets22/27€0.08m€0.1m▲
Land and buildings22-€0.009m
Plant, machinery and equipment23€0.01m€0.05m▲
Furniture and vehicles24€0.06m€0.06m▼
Other tangible fixed assets26€0.009m€0▼
Financial fixed assets28€0.04m€0.05m▲
Other financial fixed assets284/8€0.04m-
Amounts receivable and cash guarantees285/8€0.04m-
Current assets29/58€1.2m€1.3m▲
Stocks and contracts in progress3€0.5m€0.6m▲
Stocks30/36€0.5m€0.6m▲
Goods purchased for resale34€0.5m-
Amounts receivable within one year40/41€0.5m€0.4m▼
Trade receivables40€0.4m€0.4m▼
Other amounts receivable41€0.04m€0.04m▲
Cash at bank and in hand54/58€0.1m€0.2m▲
Deferred charges and accrued income490/1€0.04m€0.04m▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m▲
Equity10/15-€0.6m-€0.3m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.006m€0.006m=
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Profit (loss) carried forward14-€0.6m-€0.3m▲
Amounts payable17/49€1.9m€1.7m▼
Amounts payable within one year42/48€1.5m€1.6m▲
Trade debts44€1.2m€1.4m▲
Suppliers440/4€1.2m€1.4m▲
Taxes, remuneration and social security45€0.4m€0.2m▼
Taxes450/3€0.4m€0.02m▼
Remuneration and social security454/9-€0.1m
Accrued charges and deferred income492/3€0.3m€0.1m▼
Income statement Code20232024
Operating income70/76A€2.5m-
Turnover70€2.5m-
Other operating income74€0.006m-
Operating charges60/66A€2.6m-
Goods for resale, raw materials and consumables60€1.1m-
Purchases600/8€0.3m-
Change in stocks: decrease (increase)609€0.8m-
Services and other goods61€0.7m-
Remuneration, social security and pensions62€0.8m€0.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.03m€0.02m▼
Other operating charges640/8€0.008m€0.008m▼
Gross operating margin9900-€0.6m
Operating profit (loss)9901-€0.2m-€0.4m▼
Financial income75/76B€71€170▲
Recurring financial income75€71€170▲
Other financial income752/9€71-
Financial charges65/66B€241€218▼
Recurring financial charges65€241€218▼
Debt charges650€241-
Profit (loss) for the period before taxes9903-€0.2m-€0.4m▼
Income taxes67/77-€0.05m-€0.6m▼
Tax adjustments and reversals of tax provisions77€0.05m-
Profit (loss) for the period9904-€0.1m€0.3m▲
Profit (loss) for the period to be appropriated9905-€0.1m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.6m-€0.3m▲
Profit (loss) brought forward from the previous period14P-€0.5m-€0.6m▼
Social balance sheet
Average headcount (FTE)908711.911.8▼

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Operating income70/76A€3.0m€3.0m€2.8m€2.4m€2.6m€2.5m--
Turnover70€3.0m€3.0m€2.8m€2.4m€2.6m€2.5m--
Other operating income74€0.004m€0.006m€0.03m€0.02m€0.006m€0.006m--
Operating charges60/66A€3.0m€2.9m€2.8m€2.6m€2.6m€2.6m--
Goods for resale, raw materials and consumables60€1.5m€1.5m€1.3m€1.0m€1.1m€1.1m--
Purchases600/8€1.5m€1.5m€1.1m€0.9m€0.4m€0.3m--
Change in stocks: decrease (increase)609€0.002m-€0.005m€0.1m€0.1m€0.7m€0.8m--
Services and other goods61€0.6m€0.6m€0.7m€0.6m€0.7m€0.7m--
Remuneration, social security and pensions62€0.8m€0.8m€0.7m€0.7m€0.8m€0.8m€0.9m▲ 10.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.01m€0.01m€0.01m€0.02m€0.02m€0.02m▲ 15.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.05m€0.2m-€0.03m€0.02m▼ 4.0%
Other operating charges640/8€0.01m€0.01m€0.01m€0.02m€0.009m€0.008m€0.008m▼ 3.6%
Gross operating margin9900------€0.6m-
Operating profit (loss)9901€0.03m€0.04m€0.06m-€0.2m-€0.08m-€0.2m-€0.4m▼ 123%
Financial income75/76B€0.001m€0.001m€0.001m€450€0.002m€71€170▲ 140%
Recurring financial income75€0.001m€0.001m€0.001m€450€0.002m€71€170▲ 140%
Other financial income752/9€0.001m€0.001m€0.001m€450€0.002m€71--
Financial charges65/66B€0.007m€0.001m€57€0.001m€91€241€218▼ 9.7%
Recurring financial charges65€0.007m€0.001m€57€0.001m€91€241€218▼ 9.7%
Debt charges650----€91€241--
Other financial charges652/9€0.007m€0.001m€57€0.001m----
Profit (loss) for the period before taxes9903€0.02m€0.04m€0.06m-€0.2m-€0.07m-€0.2m-€0.4m▼ 122%
Income taxes67/77-€0.01m€0.02m-€1.1m-€0.05m-€0.6m▼ 1,077%
Taxes670/3-€0.01m€0.02m-€1.1m---
Tax adjustments and reversals of tax provisions77-----€0.05m--
Profit (loss) for the period9904€0.02m€0.02m€0.04m-€0.2m-€1.2m-€0.1m€0.3m-
Profit (loss) for the period to be appropriated9905€0.02m€0.02m€0.04m-€0.2m-€1.2m-€0.1m€0.3m-
Line2018201920202021202220232024Change
Assets
Total assets20/58€2.0m€1.8m€1.3m€1.5m€1.5m€1.3m€1.4m▲ 9.9%
Fixed assets21/28€0.09m€0.1m€0.1m€0.2m€0.1m€0.1m€0.2m▲ 37.0%
Tangible fixed assets22/27€0.09m€0.09m€0.08m€0.1m€0.1m€0.08m€0.1m▲ 41.3%
Land and buildings22------€0.009m-
Plant, machinery and equipment23€0.01m€0.009m€0.005m€0.04m€0.03m€0.01m€0.05m▲ 267%
Furniture and vehicles24€0.05m€0.04m€0.06m€0.06m€0.06m€0.06m€0.06m▼ 4.5%
Other tangible fixed assets26€0.02m€0.02m€0.02m€0.01m€0.01m€0.009m€0▼ 100%
Assets under construction and advance payments27€0.008m€0.02m€0.004m€0.004m€0---
Financial fixed assets28€0.004m€0.01m€0.01m€0.04m€0.04m€0.04m€0.05m▲ 27.0%
Other financial fixed assets284/8€0.004m€0.01m€0.01m€0.04m€0.04m€0.04m--
Amounts receivable and cash guarantees285/8€0.004m€0.01m€0.01m€0.04m€0.04m€0.04m--
Current assets29/58€1.9m€1.7m€1.2m€1.3m€1.4m€1.2m€1.3m▲ 7.2%
Amounts receivable after more than one year29€0.2m-------
Other amounts receivable291€0.2m-------
Stocks and contracts in progress3€0.6m€0.6m€0.5m€0.3m€0.3m€0.5m€0.6m▲ 12.1%
Stocks30/36€0.6m€0.6m€0.5m€0.3m€0.3m€0.5m€0.6m▲ 12.1%
Goods purchased for resale34€0.6m€0.6m€0.5m€0.3m€0.3m€0.5m--
Amounts receivable within one year40/41€0.7m€0.8m€0.5m€0.8m€0.6m€0.5m€0.4m▼ 4.5%
Trade receivables40€0.7m€0.6m€0.5m€0.8m€0.6m€0.4m€0.4m▼ 5.5%
Other amounts receivable41€0.008m€0.2m€0.02m€0.03m€0.03m€0.04m€0.04m▲ 7.5%
Cash at bank and in hand54/58€0.4m€0.3m€0.2m€0.1m€0.4m€0.1m€0.2m▲ 27.9%
Deferred charges and accrued income490/1€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m▼ 0.1%
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m€1.3m€1.5m€1.5m€1.3m€1.4m▲ 9.9%
Equity10/15€0.9m€0.9m€1.0m€0.7m-€0.4m-€0.6m-€0.3m▲ 50.3%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Non-distributable reserves130/1€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Profit (loss) carried forward14€0.8m€0.8m€0.9m€0.7m-€0.5m-€0.6m-€0.3m▲ 44.8%
Amounts payable17/49€1.1m€0.9m€0.4m€0.7m€2.0m€1.9m€1.7m▼ 8.1%
Amounts payable within one year42/48€1.0m€0.8m€0.2m€0.5m€1.5m€1.5m€1.6m▲ 3.8%
Trade debts44€0.8m€0.8m€0.2m€0.3m€0.9m€1.2m€1.4m▲ 23.6%
Suppliers440/4€0.8m€0.8m€0.2m€0.3m€0.9m€1.2m€1.4m▲ 23.6%
Taxes, remuneration and social security45€0.2m--€0.2m€0.3m€0.4m€0.2m▼ 58.6%
Taxes450/3€0.04m--€0.2m€0.3m€0.4m€0.02m▼ 93.6%
Remuneration and social security454/9€0.1m-----€0.1m-
Other amounts payable47/48€0.03m€0.03m€0.03m-€0.4m---
Accrued charges and deferred income492/3€0.1m€0.08m€0.1m€0.2m€0.5m€0.3m€0.1m▼ 67.1%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€0.02m€0.02m€0.04m-€0.2m-€1.2m-€0.1m€0.3m-
+ Depreciation and write-downs630€0.02m€0.01m€0.01m€0.01m€0.02m€0.02m€0.02m▲ 15.5%
Operating cash flow (approximation)€0.04m€0.03m€0.05m-€0.2m-€1.1m-€0.09m€0.3m-
Investment in fixed assets (approximation)--€0.02m-€0.002m-€0.07m-€0.005m€0.003m-€0.06m-
Change in cash--€0.1m-€0.02m-€0.1m€0.3m-€0.3m€0.04m-

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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Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 abbreviated format 09-10-2025 2025-00536687
31-12-2023 full format 30-08-2024 2024-00434197
31-12-2022 full format 30-08-2023 2023-00422802
31-12-2021 full format 07-11-2024 2024-00531814
31-12-2020 full format 07-11-2024 2024-00531721
31-12-2019 full format 07-11-2024 2024-00531699
31-12-2018 full format 20-06-2024 2024-00173777
31-12-2017 full format 20-06-2024 2024-00173779
31-12-2016 full format 19-06-2024 2024-00173778
31-12-2015 full format 01-09-2016 2016-57600072

Show all 30 filings

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Of the 558 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28120), figures are known for 493. 302 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

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

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