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FLUON

Active
Private limited companyfounded 2011active for 14 yearsKorspelsesteenweg 159, 3581 Beringen, BelgiumKBO/BCE: BE 0842.116.980
Summary

The computed 12-month bankruptcy probability of FLUON is 2.9% (moderate). The annual accounts of FLUON for financial year 2024 show a net loss of 63% of the equity at the start of that year. The 2024 annual accounts show equity of €7,834 and a net result of -€13,417. Equity is shrinking by about 15% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 10% of 1,320 sector peers (NACE 42, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Civil engineering
NACE 42211
1 site
Size
€517,545total assets 2024
Staff
12.3 FTE
Equity
€7,834
Loss
-€13,417
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 80 days overdue0 of 6 deeds read
Why 49raises riskFigures for financial year 2024 (filed 12-07-2025)Liquidity: current ratio 0.87, cash €34lowers riskSize: total assets €517,545Founded in 2011Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 42, micro)
Financial strength · tick = 2023
Weak
Solvency 27-7
equity 1.5% of total assets
Liquidity 2-39
short-term debt 86.9% · cash 0.0%
Profitability 35+35
return on assets -2.6%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,866 companies, NACE 42, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.6%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.3 percentage points vs 06-2025 08-2025: 0.8%▼ -1.0 percentage point vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.7 percentage points vs 07-2026 09-2026: 1.9%▲ +0.4 percentage points vs 08-2026 10-2026: 2.9%▲ +1.0 percentage point vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.87, compared with 0.7 in 2023, below 1; short-term debt: 86.9% and cash: 0% of total assets), and 98.5% of the assets are financed with debt and provisions.
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 42, micro): better than 10% on solvency, 3% on liquidity, 20% on profitability and 8% on growth.

The bankruptcy probability was computed on 18-10-2026 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).

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Signals

Eight signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 12-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.87, cash €34
NBB · annual accounts
lowers risk · Size: total assets €517,545
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€13,417
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1320 sector peers (2024).
NBB · sector comparison
Position among 1320 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 80 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline19-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days early
2023
30 days early
2022
24 days early
2021
33 days early
2020
32 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€112,695

Key points

  • Positive: Staff rose in 2024from 6.1 FTE to 12.3 FTE ▲ 102% View
  • Caution: Among the weakest 10% on net resultsector median €10,886 · 1,314 companies -€13,417 View
  • Caution: Accounts not fileddeadline was 31-07-2026 80 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€13,417 View

By topic

Financials

Financial year
2024
Total assets
€517,545
Loss
-€13,417
Solvency
1.5%
Total assets▲ 110%
Net result
20192024
Go to Financials

Timeline

Events
15
Since
2014
  1. 07-07-2023Annual accounts filed
  2. 31-12-2022Equity above €100,000
  3. 28-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Civil engineeringNACE 42211
Founded
23-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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