Financials
- Financial year
- 2025
- Turnover
- €544.9m
- Profit
- €42.0m
- Solvency
- 25.2%
Turnover▲ 27.9%
Net result
20182025
FLUVIUS IMEWO
ActiveSummary
FLUVIUS IMEWO 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 €772.5m and a net result of €42.0m. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 45% of 341 sector peers (NACE 35, financial year 2025). The company has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Electricity, gas, steam and air conditioning supply
NACE 35140
2nd largest company by total assets in East Flanders, Energy sector
Size
€544.9mturnover 2025
- Equity
- €772.5m
- Profit
- €42.0m
Net result +114%: branch received
Structure
- Board
- 15 members
- Holdings
- 2
Auditor: Line VyveyAccounts 35 days early73 of 76 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
56
/ 100
Fair▲ +2 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Average
Solvency
50-1
equity 25.2% of total assets
Liquidity
50=
short-term debt 9.8% · cash 0.0%
Profitability
68+3
return on assets 1.4%
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 €43,250,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.89, compared with 1.08 in 2024, below 1; short-term debt: 9.8% and cash: 0% of total assets), and 74.8% 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 filingsDeviation from the deadline
2025
35 days early
2024
30 days early
2023
33 days early
2022
33 days early
2021
18 days early
2020
19 days early
2019
4 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 25 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Admission: gemeente Nazareth-De Pinte (deelnemer)Appointments: BULCKE Hannelore (lid van…
- MiscellaneousShare issue
Key points
- Result rose in 2025branch received from FLUVIUS WEST ▲ 114% View
- Positive: Among the best 5% on net resultsector median €174,895 · 340 companies €42.0m View
- Flemish supportawarded from 2022 to 2025 €186.3m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €42.0m 8 years View
- Branch taken over from FLUVIUS WESTtakeover on 07-08-2025 2025 View
- New directorlatest change 15-12-2025 · 15 in office 1 joined View
- Active since 1975founded 10-03-1975 51 years View
By topic
Board & ownership
- Board
- 15 members
- Auditor
- Line Vyvey
- Filip ThienpontDirector
- Alana HermanDirector
- COENS Joachim Hendrik WouterDirector
- Hilde De GraeveDirector
- Isabel DellaertDirector
and 10 other directors
Network & group
- Holdings
- 2
- Connected companies
- 60
- Mergers and asset contributions
- 5
2 holdings
Timeline
- Events
- 125
- Since
- 1978
- Next accounts
- by 31-07-2027
- 07-08-2025Capital & shares · Restructuring
- 28-07-2025Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory…
- 01-07-2025Annual accounts filed
Company details
- Legal form
- Opdrachthoudende vereniging (Vlaams Gewest)
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35140
- Founded
- 10-03-1975
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 209
- Purpose
- “-het verschaffen van energiediensten aan deelnemers voor zover toegelaten door en binnen…” (deed in Dutch)
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