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FLUVIUS Antwerpen

Active
Opdrachthoudende vereniging (Vlaams Gewest)founded 1972active for 53 yearsMerksemsesteenweg 233, 2100 Antwerpen, BelgiumKBO/BCE: BE 0212.704.370
Summary

FLUVIUS Antwerpen has the legal form “Opdrachthoudende vereniging (Vlaams Gewest)” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €755.4m and a net result of €28.5m. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 53% of 346 sector peers (NACE 35, financial year 2025). The company has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
Largest company by total assets in the province of Antwerp, Energy sector
Size
€430.9mturnover 2025
Equity
€755.4m
Profit
€28.5m
Net result +422%: branch of activity transferred
Financial health
58 Fair Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Board
16 members
Holdings
2
Auditor: Ernst & Young Bedrijfsrevisoren BVAccounts 35 days early12 of 54 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
58 / 100
Fair▲ +3 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Average
Solvency 56-3
equity 30.8% of total assets
Liquidity 50=
short-term debt 9.2% · cash 0.0%
Profitability 67+4
return on assets 1.2%
Bankruptcy probability, 12 months

The KBO gives the legal form as “Opdrachthoudende vereniging (Vlaams Gewest)”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

Credit of up to €43,050,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.75, compared with 2.06 in 2024, above the usual 1.5; short-term debt: 9.2% and cash: 0% of total assets), but 69.2% of the assets are financed with debt and provisions.
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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
37 days early
2023
29 days early
2022
35 days early
2021
34 days early
2020
19 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & sharesDemerger · Accounting effect ·…
  2. Appointment: Ernst & Young Bedrijfsrevisoren BV…Power of attorney
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Result rose in 2025branch of activity transferred to FLUVIUS IMEWO ▲ 422% View
  • Positive: Largest company by total assets in the province of Antwerp, Energy sectorin the Checked rankings No. 1 View
  • 5 restructurings since 2025latest: restructuring with FLUVIUS MIDDEN-VLAANDEREN 5 View
  • Flemish supportawarded from 2022 to 2025 €159.9m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €28.5m 7 years View
  • A director leftlatest change 04-02-2026 · 16 in office 1 left View
  • Active since 1972founded 24-11-1972 53 years View

By topic

Financials

Financial year
2025
Turnover
€430.9m
Profit
€28.5m
Solvency
30.8%
Turnover▲ 18.4%
Net result
20182025
Go to Financials

Board & ownership

Board
16 members
Auditor
Ernst & Young Bedrijfsrevisoren…
  • Adinda Van GervenDirector
  • Ann De SmedtDirector
  • Charlien Van LeuffelDirector
  • Chris De VosDirector
  • Dirk BauwensDirector

and 11 other directors

Go to Board & ownership

Network & group

Holdings
2
Connected companies
5
Mergers and asset contributions
7

2 holdings

Go to Network & group

Timeline

Events
65
Since
1977
Next accounts
by 31-07-2027
  1. 04-02-2026Capital & shares · Purpose · Restructuring
  2. 14-10-2025Restructuring
  3. 07-08-2025Capital & shares · Restructuring
Go to Timeline

Company details

Legal form
Opdrachthoudende vereniging (Vlaams Gewest)
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
24-11-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
210
Purpose
“Het beheer en onderhoud en het ontwikkelen onder economische voorwaarden van een veilig…” (deed in Dutch)
Go to Articles of association

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