FLUVIUS
ActiveFinancials · financial year 2024, full format, standalone accounts, 2025 accounts filed
Annual accounts 2025 filed on 08-06-2026 PDF all 66 filings
The accounts were filed as a scan.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 6% lower than in 2023 and the lowest since 2020. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Electricity, gas, steam and air conditioning supply (NACE 35). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 770 | 714 | 670 | 620 |
| full-time | 662 | 609 | 568 | 519 |
| part-time | 108 | 105 | 102 | 101 |
| in full-time equivalents | 743.5 | 689.6 | 645.4 | 594.3 |
| Average over the year, in full-time equivalents | 757.4 | 708.6 | 664.4 | 615.4 |
| On a permanent contract | 770 | 714 | 670 | 620 |
| Joined | 0 | 0 | 0 | 0 |
| Left | 42 | 56 | 44 | 50 |
| Training hours | 13,672 | 8,328 | 7,244 | 5,962 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Auditor
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fee for the audit | €13,422 | €14,567 | €15,325 | €15,933 |
| Other work by the auditor | €1,950 | - | - | - |
| Work by persons linked to the auditor | - | - | €4,250 | - |
Source: notes to the 2021 to 2024 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €68,336 awarded · €63,336 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €15,106 | €15,106 |
| 2024 | 1 | €14,585 | €14,585 |
| 2023 | 2 | €24,007 | €19,007 |
| 2022 | 1 | €14,638 | €14,638 |
Comparable companies
These companies have the same main activity as FLUVIUS: electricity, gas, steam and air conditioning supply (NACE 35140). They are comparable in size and age: total assets between €30m and €136m, founded between 1925 and 2012.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| FLUVIUS Hasselt | 1968 | €30.3m | €0.03m | €102.1m | €0 | 615.4 | 2024 |
| Association Intercommunale d'Etudes et d'Exploitation d'Electricité et de Gaz Andenne | 1968 | €74.1m | €49.6m | €20.1m | €1.5m | 45.8 | 2025 |
| BRUSSELS NETWORK OPERATIONS Brussel | 2006 | €30.3m | €0.02m | €142.7m | €0.001m | 1,201.7 | 2025 |
| Association Intercommunale d'Electricité du Sud du Hainaut Sivry-Rance | 1925 | €80.3m | €49.8m | €21.3m | €1.2m | 52.7 | 2025 |
| CORESO Brussel | 2008 | €45.3m | €8.7m | €50.7m | €1.5m | 110.8 | 2025 |
| YUSO Waregem | 2012 | €30.1m | €9.0m | €105.4m | €0.7m | 32.1 | 2025 |
| E.ON Power Plants Belgium Mechelen | 2008 | €135.9m | €38.2m | €33.7m | €1.0m | 19 | 2025 |
They were chosen from the 58 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €127.8m | €131.2m | €132.0m | €126.4m | ▼ 4.2% |
| Turnover70 | €82.3m | €98.7m | €104.9m | €104.7m | €104.6m | €106.8m | €102.1m | ▼ 4.4% |
| Other operating income74 | - | - | - | €1.7m | €1.7m | €2.4m | €1.5m | ▼ 34.9% |
| Non-recurring operating income76A | - | - | - | €21.3m | €24.9m | €22.8m | €22.8m | = |
| Operating charges60/66A | - | - | - | €126.5m | €129.9m | €130.8m | €125.4m | ▼ 4.2% |
| Services and other goods61 | - | - | - | €0.7m | €0.8m | €0.9m | €0.9m | ▲ 0.1% |
| Remuneration, social security and pensions62 | - | - | - | €104.4m | €104.2m | €107.1m | €101.6m | ▼ 5.1% |
| Other operating charges640/8 | - | - | - | - | €0.003m | €0.003m | €0.003m | ▲ 16.8% |
| Non-recurring operating charges66A | - | - | - | €21.3m | €24.9m | €22.8m | €22.8m | = |
| Operating profit (loss)9901 | €0.08m | €1.1m | €2.0m | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 6.1% |
| Financial income75/76B | - | - | - | €0.008m | €0.04m | €0.2m | €0.2m | ▼ 11.4% |
| Recurring financial income75 | €0.06m | €0.03m | €0.02m | €0.008m | €0.04m | €0.2m | €0.2m | ▼ 11.4% |
| Income from financial fixed assets750 | - | - | - | - | - | €0.008m | €0.008m | ▲ 10.0% |
| Income from current assets751 | - | - | - | €0.008m | €0.04m | €0.2m | €0.2m | ▼ 12.3% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 11.7% |
| Recurring financial charges65 | €0.08m | €0.02m | €0.05m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 11.7% |
| Debt charges650 | €0.07m | €0.02m | €0.04m | €0.02m | €0.03m | €0.03m | €0.03m | ▲ 10.4% |
| Other financial charges652/9 | - | - | - | €0.002m | €0.001m | €496 | €0.001m | ▲ 97.2% |
| Profit (loss) for the period before taxes9903 | €0.06m | €1.1m | €1.9m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 7.4% |
| Income taxes67/77 | €0.06m | €1.1m | €1.9m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 7.4% |
| Taxes670/3 | - | - | - | €1.3m | €1.3m | €1.4m | €1.2m | ▼ 9.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.001m | - | €0.03m | - | - |
| Profit (loss) for the period9904 | - | - | - | - | - | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | - | - | - | - | - | €0 | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €22.6m | €19.4m | €19.2m | €27.2m | €28.7m | €29.2m | €30.3m | ▲ 3.8% |
| Fixed assets21/28 | €0.2m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Financial fixed assets28 | €0.006m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Other financial fixed assets284/8 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Shares284 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Current assets29/58 | €22.4m | €18.9m | €18.8m | €26.7m | €28.3m | €28.7m | €29.8m | ▲ 3.8% |
| Amounts receivable within one year40/41 | €19.6m | €15.3m | €15.8m | €23.8m | €25.1m | €25.3m | €26.5m | ▲ 4.7% |
| Trade receivables40 | - | - | - | €15.4m | €17.2m | €15.4m | €0.4m | ▼ 97.4% |
| Other amounts receivable41 | - | - | - | €8.4m | €7.9m | €9.9m | €26.1m | ▲ 163% |
| Current investments50/53 | €0.1m | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.5m | €0.2m | €0.04m | €0.07m | €452 | €448 | ▼ 1.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2.9m | €3.1m | €3.4m | €3.3m | ▼ 2.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €22.6m | €19.4m | €19.2m | €27.2m | €28.7m | €29.2m | €30.3m | ▲ 3.8% |
| Equity10/15 | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable17/49 | €22.6m | €19.4m | €19.2m | €27.2m | €28.7m | €29.2m | €30.3m | ▲ 3.8% |
| Amounts payable within one year42/48 | €22.6m | €18.7m | €19.2m | €27.1m | €26.8m | €29.0m | €30.3m | ▲ 4.2% |
| Trade debts44 | €0.1m | €0.4m | €0.8m | €3.2m | €0.8m | €1.3m | €0.9m | ▼ 29.9% |
| Suppliers440/4 | - | - | - | €3.2m | €0.8m | €1.3m | €0.9m | ▼ 29.9% |
| Taxes, remuneration and social security45 | - | - | - | €22.5m | €24.5m | €26.0m | €27.4m | ▲ 5.1% |
| Taxes450/3 | - | - | - | €6.4m | €6.6m | €6.0m | €5.5m | ▼ 9.3% |
| Remuneration and social security454/9 | - | - | - | €16.1m | €17.9m | €20.0m | €21.9m | ▲ 9.4% |
| Other amounts payable47/48 | - | - | - | €1.5m | €1.5m | €1.7m | €2.0m | ▲ 18.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €1.9m | €0.1m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | - | - | - | - | €0 | €0 | - |
| Operating cash flow (approximation) | - | - | - | - | - | €0 | €0 | - |
| Investment in fixed assets (approximation) | - | -€249,484 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €133,597 | -€310,527 | -€197,382 | €35,937 | -€70,674 | -€5 | ▲ 100.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 66 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 08-06-2026 | 2026-00165875 | |
| 31-12-2024 | full format | 18-06-2025 | 2025-00176066 | |
| 31-12-2023 | full format | 25-06-2024 | 2024-00180515 | |
| 31-12-2022 | full format | 13-06-2023 | 2023-00132736 | |
| 31-12-2021 | full format | 05-07-2022 | 2022-20170915 | |
| 31-12-2020 | full format | 23-06-2021 | 2021-24100371 | |
| 31-12-2019 | full format | 18-06-2020 | 2020-18700021 | |
| 31-12-2018 | full format | 17-07-2019 | 2019-34700273 | |
| 31-12-2017 | full format | 24-04-2018 | 2018-10500512 | |
| 31-12-2017 | consolidated | 24-04-2018 | 2018-10500573 |