FLUO
ActiveSummary
FLUO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €66k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98=
Solvency61▼-35
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 3.22 in 2024; short-term debt: 64.1% and cash: 4.3% of total assets), and 64.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.5%
Return on assets
23.6%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
34 d early
2024
37 d early
2023
90 d early
2022
97 d early
2021
103 d early
2020
78 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€99k▼ 46.1%
2024 · €183k
2019: €56klowest in 7 years
2020: €77k▲ +37.3% vs 2019
2021: €128k▲ +66.1% vs 2020
2022: €157k▲ +23.2% vs 2021
2023: €173k▲ +10.2% vs 2022
2024: €183k▲ +5.8% vs 2023highest in 7 years
2025: €99k▼ -46.1% vs 2024
2019 → 2025
Total assets
€278k▲ 7.3%
2024 · €259k
2019: €84klowest in 7 years
2020: €122k▲ +46.3% vs 2019
2021: €204k▲ +66.8% vs 2020
2022: €192k▼ -6.0% vs 2021
2023: €376k▲ +95.9% vs 2022highest in 7 years
2024: €259k▼ -31.0% vs 2023
2025: €278k▲ +7.3% vs 2024
2019 → 2025
Net result
€66k▲ 7.5%
2024 · €61k
2019: €37klowest in 7 years
2020: €37k● +0.0% vs 2019
2021: €86k▲ +130% vs 2020highest in 7 years
2022: €49k▼ -42.9% vs 2021
2023: €67k▲ +36.5% vs 2022
2024: €61k▼ -8.9% vs 2023
2025: €66k▲ +7.5% vs 2024
2019 → 2025
Working capital
€88k▼ 47.3%
2024 · €168k
2019: €56klowest in 7 years
2020: €77k▲ +37.3% vs 2019
2021: €128k▲ +66.1% vs 2020
2022: €157k▲ +23.2% vs 2021
2023: €165k▲ +5.1% vs 2022
2024: €168k▲ +1.6% vs 2023highest in 7 years
2025: €88k▼ -47.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€157k▲ 23.2%€173k▲ 10.2%€183k▲ 5.8%€99k▼ 46.1%
2021: €128k
2022: €157k▲ +23.2% vs 2021
2023: €173k▲ +10.2% vs 2022
2024: €183k▲ +5.8% vs 2023highest in 5 years
2025: €99k▼ -46.1% vs 2024lowest in 5 years
Operating result€115k-€66k▼ 42.8%€90k▲ 36.7%€78k▼ 12.7%€86k▲ 9.9%
2021: €115khighest in 5 years
2022: €66k▼ -42.8% vs 2021lowest in 5 years
2023: €90k▲ +36.7% vs 2022
2024: €78k▼ -12.7% vs 2023
2025: €86k▲ +9.9% vs 2024
Net result€86k-€49k▼ 42.9%€67k▲ 36.5%€61k▼ 8.9%€66k▲ 7.5%
2021: €86khighest in 5 years
2022: €49k▼ -42.9% vs 2021lowest in 5 years
2023: €67k▲ +36.5% vs 2022
2024: €61k▼ -8.9% vs 2023
2025: €66k▲ +7.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€12k ▼ 26.5%
Current assets
€267k ▲ 9.4%
Equity and liabilities €278k
Equity
€99k ▼ 46.1%
Debt
€179k ▲ 136%
Debt's share of the balance-sheet total rises from 29.4% to 64.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€90k▲
2024 · €82k
Cash flow
€70k▲
2024 · €65k
Current ratio
1.50▼
2024 · 3.22
Debt to equity
1.82▲
2024 · 0.42
ROE
66.4%▲
2024 · 33.3%
ROA
23.6%▲
2024 · 23.5%
Interest coverage
61.77▼
2024 · 71.68
Debt ≤ 1 year
€178k▲
2024 · €76k
Income taxes
€23k▲
2024 · €21k
Staff costs
€48k▼
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€259k€278k▲
Fixed assets21/28€16k€12k▼
Intangible fixed assets21€15k€11k▼
Tangible fixed assets22/27€975€617▼
Furniture and vehicles24€975€617▼
Current assets29/58€244k€267k▲
Amounts receivable within one year40/41€13k€11k▼
Trade receivables40€11k€6k▼
Other amounts receivable41€2k€6k▲
Current investments50/53€210k€240k▲
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€935€3k▲
Equity and liabilities
Total equity and liabilities10/49€259k€278k▲
Equity10/15€183k€99k▼
Contributions10/11€19k€19k=
Reserves13€165k€80k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€165k€80k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€76k€179k▲
Amounts payable within one year42/48€76k€178k▲
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€22k€18k▼
Taxes450/3€11k€12k▲
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€48k€150k▲
Accrued charges and deferred income492/3€377€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€49k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€619€673▲
Gross operating margin9900€131k€138k▲
Operating profit (loss)9901€78k€86k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€82k€89k▲
Income taxes67/77€21k€23k▲
Profit (loss) for the period9904€61k€66k▲
Profit (loss) for the period to be appropriated9905€61k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€66k▲
Transfer from equity791/2-€84k
Transfer to equity691/2€10k€0▼
To other reserves6921€10k€0▼
Profit to be distributed694/7€51k€150k▲
Return on contributions (dividend)694€51k€150k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35k | €43k | €49k | €48k | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €749 | €4k | €4k | ▲ 15.0% |
| Other operating charges640/8 | - | €518 | €796 | €619 | €673 | ▲ 8.7% |
| Non-recurring operating charges66A | - | - | €120 | - | - | - |
| Gross operating margin9900 | €126k | €101k | €135k | €131k | €138k | ▲ 5.4% |
| Operating profit (loss)9901 | €115k | €66k | €90k | €78k | €86k | ▲ 9.9% |
| Financial income75/76B | - | €1 | €2k | €5k | €4k | ▼ 19.5% |
| Recurring financial income75 | €0 | €1 | €2k | €5k | €4k | ▼ 19.5% |
| Financial charges65/66B | - | €89 | €1k | €1k | €1k | ▲ 27.8% |
| Recurring financial charges65 | €95 | €89 | €1k | €1k | €1k | ▲ 27.8% |
| Profit (loss) for the period before taxes9903 | €115k | €65k | €90k | €82k | €89k | ▲ 7.9% |
| Income taxes67/77 | €29k | €16k | €23k | €21k | €23k | ▲ 9.0% |
| Profit (loss) for the period9904 | €86k | €49k | €67k | €61k | €66k | ▲ 7.5% |
| Profit (loss) for the period to be appropriated9905 | €86k | €49k | €67k | €61k | €66k | ▲ 7.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €204k | €192k | €376k | €259k | €278k | ▲ 7.3% |
| Fixed assets21/28 | - | - | €8k | €16k | €12k | ▼ 26.5% |
| Intangible fixed assets21 | - | - | €8k | €15k | €11k | ▼ 25.8% |
| Tangible fixed assets22/27 | - | - | - | €975 | €617 | ▼ 36.7% |
| Furniture and vehicles24 | - | - | - | €975 | €617 | ▼ 36.7% |
| Current assets29/58 | €204k | €192k | €368k | €244k | €267k | ▲ 9.4% |
| Amounts receivable within one year40/41 | €250 | €4k | €20k | €13k | €11k | ▼ 13.1% |
| Trade receivables40 | - | €4k | €20k | €11k | €6k | ▼ 49.2% |
| Other amounts receivable41 | - | - | - | €2k | €6k | ▲ 189% |
| Current investments50/53 | - | - | - | €210k | €240k | ▲ 14.3% |
| Cash at bank and in hand54/58 | €203k | €188k | €346k | €20k | €12k | ▼ 39.2% |
| Deferred charges and accrued income490/1 | - | €804 | €2k | €935 | €3k | ▲ 254% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €204k | €192k | €376k | €259k | €278k | ▲ 7.3% |
| Equity10/15 | €128k | €157k | €173k | €183k | €99k | ▼ 46.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €109k | €139k | €155k | €165k | €80k | ▼ 51.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €137k | €153k | €165k | €80k | ▼ 51.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €77k | €35k | €203k | €76k | €179k | ▲ 136% |
| Amounts payable within one year42/48 | €77k | €35k | €203k | €76k | €178k | ▲ 135% |
| Trade debts44 | €4k | €2k | €13k | €6k | €10k | ▲ 77.8% |
| Suppliers440/4 | - | €2k | €13k | €6k | €10k | ▲ 77.8% |
| Advances received on contracts in progress46 | - | - | €112k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €14k | €29k | €22k | €18k | ▼ 16.1% |
| Taxes450/3 | - | €7k | €19k | €11k | €12k | ▲ 4.1% |
| Remuneration and social security454/9 | - | €6k | €10k | €11k | €7k | ▼ 37.6% |
| Other amounts payable47/48 | - | €20k | €48k | €48k | €150k | ▲ 210% |
| Accrued charges and deferred income492/3 | - | - | - | €377 | €1k | ▲ 209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86k | €49k | €67k | €61k | €66k | ▲ 7.5% |
| + Depreciation and write-downs630 | - | - | €749 | €4k | €4k | ▲ 15.0% |
| Operating cash flow (approximation) | €86k | €49k | €68k | €65k | €70k | ▲ 7.9% |
| Investment in fixed assets (approximation) | - | - | - | €-11k | €0 | ▲ 100% |
| Change in cash | - | €-15k | €158k | €-326k | €-8k | ▲ 97.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 5.52
Current ratio from 2.67 to 5.52; short-term debt falls from €77k to €35k.
30-09
Financial
Equity above €150kEq €157k ▲23.2%
4 profitable years in a row build equity to €157k.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2019net €86k ▲130%
Operating result €115k, net result €86k, both a record.
30-09
Financial
Equity above €100kEq €128k ▲66.1%
3 profitable years in a row build equity to €128k.
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Roeselare · 1 establishment unit since 2018
Ground area
8,622 m²
Parcel 36017A1501/00G000, Flanders. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
FLUO bvba
since 20182.277.783.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1501/00G000 | Flanders | 8,622 m² | - | - |
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
WATERACKER
BE 0876.437.362
Knokke-Heist · Eq €98,717
Immo LACHAT
BE 0470.824.637
Londerzeel · Eq €98,905
BELBO
BE 0452.333.962
Stekene · Eq €98,610
PôLE CONCEPT
BE 0445.652.840
Sint-Lambrechts-Woluwe · Eq €98,605
BORGHANS
BE 0404.002.921
Mechelen · Eq €98,598
Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,191 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
Founded01-06-2018
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkOffers a parcel on business park:Haven Roeselare