Fluiconnecto
ActiveSummary
The computed 12-month bankruptcy probability of Fluiconnecto is 2.0% (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).
Overview
- Staff
- 11.8 FTE
- Equity
- -€275,668
- Profit
- €278,829
- Parent
- Fluiconnecto BV · 99%
- Franco GerlaDirector
- Patrick MeeremansDirector
Why 53raises riskNegative equity -€275,668Figures for financial year 2024 (filed 09-10-2025)lowers riskFounded in 1995Profit of €278,829 (financial year 2024)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small): better than 2% on solvency, 10% on liquidity, 23% on profitability and 92% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 619 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
- Resignations: Luca Coccioli (director) and Arnaud…Appointment: Callens, Vandelanotte & Theunissen…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €278,829
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 30 October 2026.
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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).
Peer companies
Historical observationOf 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
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| 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.
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 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Franco Gerla |
|
| Patrick Meeremans |
|
| Callens, Vandelanotte & Theunissen BV |
|
| DELOITTE Bedrijfsrevisoren BV |
|
| Arnaud de Miniac |
|
| Luca Coccioli |
|
| Matteo Bellini |
|
| Josine Neumann |
|
| Philippe Desnos |
|
| Robertus van Leeuwarden |
|
Owners and capital
Owners
2 ownersOwners 2
- Fluiconnecto BVNLparentSourceown accounts 202199%
- Luca Cocciolinatural personSourceown accounts 20211%
According to the 2021 annual accounts of Fluiconnecto and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-10
Gazette deed
Resignations: Luca Coccioli (director) and Arnaud de Miniac (director)Appointment: Callens, Vandelanotte & Theunissen BV (statutory auditor) · Shareholding · Director discharge7 facts ▸
- General meeting, 23-09-2025
- Shareholding
- Director resignation, Luca Coccioli (director)
- Director resignation, Arnaud de Miniac (director)
- Director discharge, Luca Coccioli
- Director discharge, Arnaud de Miniac
- Auditor appointment, Callens, Vandelanotte & Theunissen BV (statutory auditor)
13-12
Gazette deed
Resignation: Matteo Bellini (director)Appointments: Patrick Meeremans (director) and Arnaud de Miniac (director) · Shareholding · Director discharge6 facts ▸
- General meeting, 13-09-2023
- Shareholding, “enige aandeelhouder” (deed in Dutch)
- Director resignation, Matteo Bellini (director)
- Director discharge, Matteo Bellini
- Director appointment, Patrick Meeremans (director)
- Director appointment, Arnaud de Miniac (director)
Show earlier events
11-05
Gazette deed
Resignation: Josine Neumann (director)Appointment: Patrick Meeremans (director) · Shareholding · Director discharge6 facts ▸
- General meeting, 06-03-2023
- Shareholding, “enige aandeelhouder” (deed in Dutch)
- Director resignation, Josine Neumann (director)
- Director discharge, Josine Neumann
- Director appointment, Patrick Meeremans (director)
- Other provision, “werking besluiten, onmiddellijke werking na ondertekening” (deed in Dutch)
02-02
Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Maurice Vrolix8 facts ▸
- Board meeting, 21-11-2022
- Board composition, Geria Frarico (lid van het statutaire bestuur)
- Board composition, Coccioli Luca (lid van het statutaire bestuur)
- Board composition, Matteo Bellini (lid van het statutaire bestuur)
- Board composition, Josine Neumann (lid van het statutaire bestuur)
- Other provision, “overwegingen Bestuursbesluit” (deed in Dutch) (2 times)
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Maurice Vrolix
23-12
Gazette deed
Resignations: Robertus van Leeuwarden (director) and Philippe Desnos (director)Appointments: Matteo Bellini, Josine Neumann and 2 others · Director discharge11 facts ▸
- General meeting, “beslissing van de enige aandeelhouder zonder vergadering” (deed in Dutch)
- Director resignation, Robertus van Leeuwarden (director)
- Director resignation, Philippe Desnos (director)
- Director discharge, Robertus van Leeuwarden
- Director discharge, Philippe Desnos
- Director appointment, Matteo Bellini (director)
- Director appointment, Josine Neumann (director)
- Director appointment, Luca Coccioli (director)
- Director appointment, Franco Gerla (director)
- Other provision, “bestuurder”, director resignation (deed in Dutch)
- Other provision, “algehele kwijting”, director discharge (deed in Dutch)
About the unread acts
Of the 15 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23643G0226/00L000 | Flanders | 3.6 ha | 1 · 1.8 ha | 35.2 m · 4 |
| 11807G1543/00C004 | Flanders | 406 m² | 1 · 3,429 m² | 8.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- FLUICONNECTO
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bijlagen bij het Belgisch Staatsblad - 11/05/2023 - Annexes du Moníteur belge Voor- behoutien aan het Belgisch Staatsblad Het bestuursorgaan…”deed of 11-05-2023
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deeddeed of 21-10-2025