FLUOR
ActiveSummary
FLUOR has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €563k and a net result of €6k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+1
Solvency67▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.54 in 2024; short-term debt: 16.1% and cash: 3.1% of total assets), and 58.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
41.6%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€563k▲ 1.1%
2024 · €557k
2018: €258k
2019: €245k▼ -5.2% vs 2018lowest in 8 years
2020: €267k▲ +8.9% vs 2019
2021: €400k▲ +49.7% vs 2020
2022: €487k▲ +22.0% vs 2021
2023: €523k▲ +7.2% vs 2022
2024: €557k▲ +6.5% vs 2023
2025: €563k▲ +1.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.35M▼ 8.5%
2024 · €1.48M
2018: €541k
2019: €554k▲ +2.4% vs 2018
2020: €534k▼ -3.6% vs 2019lowest in 8 years
2021: €706k▲ +32.4% vs 2020
2022: €850k▲ +20.3% vs 2021
2023: €1.59M▲ +87.3% vs 2022highest in 8 years
2024: €1.48M▼ -7.0% vs 2023
2025: €1.35M▼ -8.5% vs 2024
2018 → 2025
Net result
€6k▼ 38.7%
2024 · €10k
2018: €20k
2019: €-13k▼ -168% vs 2018lowest in 8 years
2020: €22k▲ +264% vs 2019
2021: €133k▲ +507% vs 2020highest in 8 years
2022: €101k▼ -23.8% vs 2021
2023: €35k▼ -65.1% vs 2022
2024: €10k▼ -71.9% vs 2023
2025: €6k▼ -38.7% vs 2024
2018 → 2025
Working capital
€19k▼ 80.4%
2024 · €98k
2018: €50k
2019: €36k▼ -27.8% vs 2018
2020: €76k▲ +112% vs 2019
2021: €119k▲ +56.9% vs 2020
2022: €174k▲ +45.8% vs 2021
2023: €183k▲ +5.1% vs 2022highest in 8 years
2024: €98k▼ -46.4% vs 2023
2025: €19k▼ -80.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€400k-€487k▲ 22.0%€523k▲ 7.2%€557k▲ 6.5%€563k▲ 1.1%
2021: €400klowest in 5 years
2022: €487k▲ +22.0% vs 2021
2023: €523k▲ +7.2% vs 2022
2024: €557k▲ +6.5% vs 2023
2025: €563k▲ +1.1% vs 2024highest in 5 years
Operating result€204k-€156k▼ 23.8%€92k▼ 40.8%€68k▼ 26.0%€54k▼ 21.6%
2021: €204khighest in 5 years
2022: €156k▼ -23.8% vs 2021
2023: €92k▼ -40.8% vs 2022
2024: €68k▼ -26.0% vs 2023
2025: €54k▼ -21.6% vs 2024lowest in 5 years
Net result€133k-€101k▼ 23.8%€35k▼ 65.1%€10k▼ 71.9%€6k▼ 38.7%
2021: €133khighest in 5 years
2022: €101k▼ -23.8% vs 2021
2023: €35k▼ -65.1% vs 2022
2024: €10k▼ -71.9% vs 2023
2025: €6k▼ -38.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€1.12M ▼ 7.0%
Current assets
€237k ▼ 14.9%
Equity and liabilities €1.35M
Equity
€563k ▲ 1.1%
Provisions
€0 ▼ 100%
Debt
€791k ▲ 0.6%
Debt's share of the balance-sheet total rises from 53.2% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€141k▼
2024 · €158k
Cash flow
€93k▼
2024 · €100k
Current ratio
1.09▼
2024 · 1.54
Debt to equity
1.41▼
2024 · 1.41
ROE
1.1%▼
2024 · 1.8%
ROA
0.4%▼
2024 · 0.7%
Interest coverage
3.63▲
2024 · 3.54
Debt ≤ 1 year
€218k▲
2024 · €181k
Debt > 1 year
€538k▼
2024 · €578k
Income taxes
€14k▼
2024 · €18k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€1.35M▼
Fixed assets21/28€1.20M€1.12M▼
Tangible fixed assets22/27€1.20M€1.12M▼
Land and buildings22€976k€931k▼
Plant, machinery and equipment23€63k€59k▼
Furniture and vehicles24€159k€125k▼
Financial fixed assets28€2k€2k=
Current assets29/58€279k€237k▼
Amounts receivable within one year40/41€125k€107k▼
Trade receivables40€106k€96k▼
Other amounts receivable41€20k€11k▼
Current investments50/53€109k€82k▼
Cash at bank and in hand54/58€24k€42k▲
Deferred charges and accrued income490/1€21k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.35M▼
Equity10/15€557k€563k▲
Contributions10/11€105k€105k=
Revaluation surpluses12€24k€24k=
Reserves13€366k€372k▲
Tax-exempt reserves132€20k€20k=
Distributable reserves133€346k€353k▲
Profit (loss) carried forward14€61k€61k=
Provisions and deferred taxes16€136k-
Provisions for liabilities and charges160/5€136k-
Pensions and similar obligations160€136k-
Amounts payable17/49€787k€791k▲
Amounts payable after more than one year17€578k€538k▼
Financial debts170/4€578k€538k▼
Amounts payable within one year42/48€181k€218k▲
Current portion of amounts payable after more than one year42€102k€149k▲
Financial debts43€3k€1k▼
Credit institutions430/8€3k€1k▼
Trade debts44€12k€23k▲
Suppliers440/4€12k€23k▲
Taxes, remuneration and social security45€24k€22k▼
Taxes450/3€24k€22k▼
Other amounts payable47/48€40k€23k▼
Accrued charges and deferred income492/3€28k€35k▲
Income statement
Code20242025
Non-recurring operating income76A-€136k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€87k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-4k
Other operating charges640/8€9k€8k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€167k€156k▼
Operating profit (loss)9901€68k€54k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€45k€39k▼
Recurring financial charges65€45k€39k▼
Profit (loss) for the period before taxes9903€28k€20k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€10k€6k▼
Profit (loss) for the period to be appropriated9905€10k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€67k▼
Profit (loss) brought forward from the previous period14P€61k€61k=
Transfer to equity691/2€10k€6k▼
To other reserves6921€10k€6k▼
The notes to these accounts (14 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €30k | €29k | €5k | - | €136k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €55k | €176k | €90k | €87k | ▼ 2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4k | - | - | €-4k | - |
| Other operating charges640/8 | €8k | €7k | €8k | €9k | €8k | ▼ 8.4% |
| Non-recurring operating charges66A | - | - | - | - | €11k | - |
| Gross operating margin9900 | €256k | €222k | €277k | €167k | €156k | ▼ 6.3% |
| Operating profit (loss)9901 | €204k | €156k | €92k | €68k | €54k | ▼ 21.6% |
| Financial income75/76B | €790 | €2k | €2k | €4k | €5k | ▲ 23.9% |
| Recurring financial income75 | €790 | €2k | €2k | €4k | €5k | ▲ 23.9% |
| Financial charges65/66B | €2k | €3k | €35k | €45k | €39k | ▼ 13.1% |
| Recurring financial charges65 | €2k | €3k | €35k | €45k | €39k | ▼ 13.1% |
| Profit (loss) for the period before taxes9903 | €203k | €155k | €59k | €28k | €20k | ▼ 28.1% |
| Income taxes67/77 | €71k | €54k | €23k | €18k | €14k | ▼ 22.2% |
| Profit (loss) for the period9904 | €133k | €101k | €35k | €10k | €6k | ▼ 38.7% |
| Profit (loss) for the period to be appropriated9905 | €133k | €101k | €35k | €10k | €6k | ▼ 38.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €706k | €850k | €1.59M | €1.48M | €1.35M | ▼ 8.5% |
| Fixed assets21/28 | €447k | €509k | €1.22M | €1.20M | €1.12M | ▼ 7.0% |
| Tangible fixed assets22/27 | €445k | €507k | €1.22M | €1.20M | €1.12M | ▼ 7.0% |
| Land and buildings22 | €248k | €317k | €975k | €976k | €931k | ▼ 4.6% |
| Plant, machinery and equipment23 | €79k | €74k | €64k | €63k | €59k | ▼ 6.4% |
| Furniture and vehicles24 | €118k | €116k | €178k | €159k | €125k | ▼ 21.8% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €259k | €341k | €372k | €279k | €237k | ▼ 14.9% |
| Amounts receivable within one year40/41 | €109k | €174k | €233k | €125k | €107k | ▼ 14.8% |
| Trade receivables40 | €100k | €143k | €216k | €106k | €96k | ▼ 8.7% |
| Other amounts receivable41 | €9k | €30k | €17k | €20k | €11k | ▼ 46.7% |
| Current investments50/53 | - | - | €110k | €109k | €82k | ▼ 24.1% |
| Cash at bank and in hand54/58 | €114k | €162k | €25k | €24k | €42k | ▲ 73.2% |
| Deferred charges and accrued income490/1 | €36k | €4k | €4k | €21k | €6k | ▼ 70.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €706k | €850k | €1.59M | €1.48M | €1.35M | ▼ 8.5% |
| Equity10/15 | €400k | €487k | €523k | €557k | €563k | ▲ 1.1% |
| Contributions10/11 | €105k | €105k | €105k | €105k | €105k | = |
| Revaluation surpluses12 | - | - | - | €24k | €24k | = |
| Reserves13 | €233k | €321k | €356k | €366k | €372k | ▲ 1.7% |
| Tax-exempt reserves132 | €20k | €20k | €20k | €20k | €20k | = |
| Distributable reserves133 | €213k | €301k | €337k | €346k | €353k | ▲ 1.8% |
| Profit (loss) carried forward14 | €61k | €61k | €61k | €61k | €61k | = |
| Provisions and deferred taxes16 | €136k | €136k | €136k | €136k | - | - |
| Provisions for liabilities and charges160/5 | €136k | €136k | €136k | €136k | - | - |
| Pensions and similar obligations160 | €136k | €136k | €136k | €136k | - | - |
| Amounts payable17/49 | €171k | €226k | €933k | €787k | €791k | ▲ 0.6% |
| Amounts payable after more than one year17 | €31k | €14k | €680k | €578k | €538k | ▼ 6.9% |
| Financial debts170/4 | €31k | €14k | €680k | €578k | €538k | ▼ 6.9% |
| Amounts payable within one year42/48 | €140k | €167k | €189k | €181k | €218k | ▲ 20.6% |
| Current portion of amounts payable after more than one year42 | €19k | €17k | €112k | €102k | €149k | ▲ 45.6% |
| Financial debts43 | €2k | €2k | €2k | €3k | €1k | ▼ 59.2% |
| Credit institutions430/8 | €2k | €2k | €2k | €3k | €1k | ▼ 59.2% |
| Trade debts44 | €17k | €20k | €10k | €12k | €23k | ▲ 84.7% |
| Suppliers440/4 | €17k | €20k | €10k | €12k | €23k | ▲ 84.7% |
| Taxes, remuneration and social security45 | €92k | €114k | €54k | €24k | €22k | ▼ 6.4% |
| Taxes450/3 | €92k | €114k | €54k | €24k | €22k | ▼ 6.4% |
| Other amounts payable47/48 | €9k | €13k | €11k | €40k | €23k | ▼ 41.5% |
| Accrued charges and deferred income492/3 | - | €45k | €64k | €28k | €35k | ▲ 25.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €133k | €101k | €35k | €10k | €6k | ▼ 38.7% |
| + Depreciation and write-downs630 | €43k | €55k | €176k | €90k | €87k | ▼ 2.6% |
| Operating cash flow (approximation) | €176k | €156k | €212k | €100k | €93k | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | €-117k | €-887k | €-71k | €-4k | ▲ 95.0% |
| Change in cash | - | €48k | €-137k | €-1k | €18k | ▲ 1,656% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €500kEq €523k ▲7.2%
4 profitable years in a row build equity to €523k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €133k ▲507%
Operating result €204k, net result €133k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Merelbeke-Melle · 1 establishment unit since 1998
Ground area
1,033 m²
Building footprint
314 m²
Volume, LiDAR
2,321 m³
Parcel 44041A0730/00S000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Gaversesteenweg 883, 9820 Merelbeke-Melle
since 19982.087.231.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44041A0730/00S000 | Flanders | 1,033 m² | 1 · 314 m² | 11.9 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 350 EUR awarded · 350 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 350 EUR | 350 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 33,666 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
Founded03-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
56210Event catering
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail
isabelle@fluor.net
Scores and ratios are computed by Checked and are not a credit decision.