Investments
€13,617 3.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 265.5% higher than in 2024.
FLUX CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €26,455 (2024)
€23,485▼ 11.2%
peak €18,351 (2024)
€14,826▼ 19.2%
peak €33,177 (2025)
€33,177▲ 80.8%
€19,415▼ 57.2%
Board1 name since 2023
1 directorGOLEA-LUKACS Gabriel-Iulian
Documentsfilings and deeds
21-05-202621 days late
2025micro format
Equity from €18,351 to €33,177Debts from €45,398 to €19,415Investments €11,915
Key points
from the 2025 annual accountsLiquidity
2.13 was 1.33 in 2024
Short-term debts fell from €45,398 to €19,415.
At the same address
143 companies
2025 accounts filed 21 days after the deadline
Checked score
66
Healthy
Financially stronger than 83% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 3.6%
02-2025: 3.7%▲ +0.1 percentage points vs 01-2025
03-2025: 3.8%▲ +0.1 percentage points vs 02-2025
04-2025: 4.1%▲ +0.3 percentage points vs 03-2025highest value
05-2025: 1.7%▼ -2.4 percentage points vs 04-2025
06-2025: 1.8%▲ +0.1 percentage points vs 05-2025
07-2025: 1.9%▲ +0.1 percentage points vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.8%▼ -0.1 percentage points vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.9%▲ +0.1 percentage points vs 11-2025
01-2026: 2.0%▲ +0.1 percentage points vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.2%▲ +0.2 percentage points vs 03-2026
05-2026: 3.0%▲ +0.8 percentage points vs 04-2026
06-2026: 1.5%▼ -1.5 percentage points vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.5%● unchanged vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.4%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €52,592
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.13, cash €18,476
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 72% of them on solvency, 80% on liquidity, 91% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FLUX CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FLUX CONSTRUCT itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for FLUX CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.13 (1.33 in 2024), above the usual 1.5. Short-term debt is 36.9% and cash 35.1% of total assets. 36.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
21 days late
2024
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 8 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003524386
First establishment
Rue de l'Eglise 2, Orp-Jauche
Incorporation
Founding capital of €3,000, 100 shares · Founder: GOLEA-LUKACS Gabriel-Iulian (comparant) · Appointment: GOLEA-LUKACS Gabriel-Iulian (director) · published on 20-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLUX CONSTRUCT Ghent | €52,592 | €23,485 | 63.1% | - |
| BOUW IMPERIUM Ghent | €53,753 | €22,668 | 93.1% | - |
| COO. Ghent | €67,047 | €24,607 | 45.4% | - |
| VIDA PLUS Temse | €49,402 | €20,760 | 20.4% | - |
| Métrica Group Services Sint-Lievens-Houtem | €60,165 | €23,152 | 33.1% | - |
| HASER BOUW Dendermonde | €61,059 | €22,121 | 16.5% | - |
| YoLeMco Lebbeke | €60,021 | €23,934 | 45.7% | - |
These companies have the same main activity as FLUX CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €49,400 and €67,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 18-12-2023Normal situation
- Registered office
- 144 active companies are registered at this address13 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.353.318.2851350 Orp-Jauche, since 01-01-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 13-01-2026
Annual accounts to 30-09-2025
- €23,485▼ 11.2%
- ≈ €280,000estimated
- €14,826▼ 19.2%
- €33,177▲ 80.8%
- €52,592▼ 17.5%
- Filing
- Filed on 21-05-2026
Insights on FLUX CONSTRUCT
FLUX CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,177 and a net result of €14,826.
Its solvency ranks better than 72% of 9,462 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 21-05-2026, 21 days late€23,485
▼ 11.2%
€18,698
▼ 23.6%
€14,826
▼ 19.2%
€21,929
▲ 48.6%
63.1%
▲ 34.3 percentage points
2.13
▲ 0.80
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €150,000 and €510,000.
Balance sheet
balance sheet total €52,592 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
63.1%
Higher than 72% of 9,462 companies in 2025.
2.13
Higher than 61% of 9,210 companies in 2025.
28.2%
Higher than 83% of 9,282 companies in 2025.
FLUX CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
52,592 | 63,749 | |
20 |
- | 597 | |
21/28 |
11,248 | 2,991 | |
22/27 |
11,248 | 2,991 | |
23 |
5,618 | 1,537 | |
24 |
5,630 | 1,454 | |
29/58 |
41,344 | 60,160 | |
40/41 |
17,893 | 37,796 | |
40 |
13,771 | 26,611 | |
41 |
4,122 | 11,185 | |
54/58 |
18,476 | 22,364 | |
490/1 |
4,975 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
52,592 | 63,749 | |
10/15 |
33,177 | 18,351 | |
14 |
33,177 | 18,351 | |
17/49 |
19,415 | 45,398 | |
42/48 |
19,415 | 45,398 | |
44 |
8,347 | 37,351 | |
440/4 |
8,347 | 37,351 | |
45 |
11,068 | 8,048 | |
450/3 |
3,795 | 6,148 | |
454/9 |
7,273 | 1,900 | |
| Income statement | |||
9900 |
23,485 | 26,455 | |
630 |
3,658 | 1,996 | |
640/8 |
1,129 | - | |
9901 |
18,698 | 24,459 | |
75/76B |
128 | 49 | |
75 |
128 | 49 | |
65/66B |
195 | 10 | |
65 |
195 | 10 | |
9903 |
18,631 | 24,499 | |
67/77 |
3,805 | 6,148 | |
9904 |
14,826 | 18,351 | |
9905 |
14,826 | 18,351 | |
| Appropriation of the result | |||
9906 |
33,177 | 18,351 | |
14P |
18,351 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 21 days after the deadline. Filed on 21 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00118656.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 22,356 | 26,455 | ||
| 18,484 | 20,347 | ||
| 13,617 | 3,195 | ||
| -3,888 | - | ||
| 21,929 | 14,762 | ||
| 63.1% | 28.8% | ||
| 2.13 | 1.33 | ||
| 0.59 | 2.47 | ||
| 44.7% | 100.0% | ||
| 28.2% | 28.8% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Tangible fixed assets | €13,617 | €3,195 |
| €3,658 | €1,996 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on FLUX CONSTRUCT
The operating result for 2025 is 24% lower than in 2024.
Debt's share of the balance-sheet total falls from 71.2% to 36.9%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 13 : Vertegenwoordiging van de vennootschap De (iedere) bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”deed of 20-12-2023
Mandates through the years
1 name, the dashed line is todayGOLEA-LUKACS Gabriel-Iulian
Director
Director
Board
Mandates as a list
- GOLEA-LUKACS Gabriel-Iulian
- Director, appointed by deed of 20-12-2023, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €332 in 2025
- Source
- deed of 20-12-2023
Articles of association
deed of 20-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel,vrijwillig of…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 31 March at 12:00
Shareholders
At incorporation
deed of 20-12-2023 ↗
- GOLEA-LUKACS Gabriel-Iulian 100 shares (100%) · €3,000 in cash
Network & group
No group
FLUX CONSTRUCT has no parent and no holdings in its annual accounts. GOLEA-LUKACS Gabriel-Iulian is the only director. FLUX CONSTRUCT shares no director with another company.
At the same address
Zwijnaardsesteenweg 44, 9000 Ghent · 143 other companies| DA ISO ESTRICH
registered office since 30-01-2020 · founded in 2020 |
total assets €1.7m (2025) 0742.739.589 |
| MATEX BV
registered office since 27-04-2021 · founded in 2021 |
7 FTE (2025) 0767.536.947 |
| BUMMBA CONSTRUCT
registered office since 11-01-2022 · founded in 2022 |
3.2 FTE (2025) 0779.930.775 |
| LIVEVA BUILD
registered office since 08-04-2024 · founded in 2024 |
turnover €681,847 (2025) 1008.106.845 |
| JFC
registered office since 28-11-2016 · founded in 2016 |
total assets €594,155 (2025) 0666.747.910 |
| Fiduciaire NDJ
establishment since 25-11-2021 · founded in 1994 · accounts filed late |
total assets €526,808 (2024) 0452.047.021 |
| URSACHI CONSTRUCT
registered office since 30-01-2014 · founded in 2014 |
total assets €485,908 (2025) 0544.872.853 |
| And&Flor
registered office since 21-09-2020 · founded in 2020 |
total assets €463,380 (2025) 0754.667.819 |
| ADA RENOVATION
registered office since 09-02-2018 · founded in 2018 |
total assets €450,036 (2025) 0689.958.228 |
| STRATEGIUM
registered office since 24-10-2019 · founded in 2012 |
total assets €403,452 (2025) 0846.072.602 |
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 21 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003524386
2025
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
First establishment Rue de l'Eglise 2, Orp-Jauche
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: GOLEA-LUKACS Gabriel-Iulian (comparant) · Appointment: GOLEA-LUKACS Gabriel-Iulian (director) · published on 20-12-20234 points ▸
- Founder, GOLEA-LUKACS Gabriel-Iulian (comparant)
- Founding capital, €3,000, 100 shares
- Board rule, 1
- Director appointment, GOLEA-LUKACS Gabriel-Iulian
- The deed holds 10 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 December 2023, FLUX CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 GOLEA-LUKACS Gabriel-Iulian is director of the company, appointed by deed of 20-12-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1003.524.386
- VAT number
- BE 1003.524.386
- Peppol ID
- 0208:1003524386
- Other Peppol ID
- 9925:BE1003524386
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-12-2023
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 31 March at 12:00deed of 20-12-2023 (in Dutch)
- Peppol
- Reachable since 13-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FLUX CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-12-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-12-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43221
Plumbing work
74130
Interior design
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43211
Specialised construction activities
43221
Plumbing
74104
Other professional, scientific and technical activities
81210
General cleaning of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verwerking en verwijdering van gevaarlijk afval; Groot- en detailhandel,handelsbemiddeling,handel in alle soorten producten en…”deed of 20-12-2023 (in Dutch)
52 activities
- Verwerking en verwijdering van gevaarlijk afval
- Groot- en detailhandel,handelsbemiddeling,handel in alle soorten producten en diensten,detailhandel via postorderbedrijven of via internet
- Vervaardiging van meubelen
- Algemene reiniging van gebouwen
- Overige reiniging van gebouwen
- Industriële reiniging
- Andere reinigingsactiviteiten
- Handel in auto's
- Onderhoud en reparatie van motorvoertuigen
- Handel in onderdelen en accessoires van motorvoertuigen
- Handel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
- Wassen en poetsen van motorvoertuigen
- Administratieve en ondersteunende activiteiten ten behoeve van kantoren
- Vervoer en opslag
- Algemene bouw van residentiële gebouwen
- Algemene bouw van kantoorgebouwen
- Algemene bouw van andere niet-residentiële gebouwen
- Bouw van wegen en spoorwegen
- Bouw van civieltechnische werken ten behoeve van nutsbedrijven
- Bouw van andere civieltechnische werken
- Slopen
- Bouwrijp maken van terreinen
- Proefboren en boren
- Loodgieterswerk
- Installatie van verwarming,klimaatregeling en ventilatie
- Isolatiewerkzaamheden
- Overige bouwinstallatie
- Stukadoorswerk
- Schrijnwerk
- Vloerafwerking en behangen
- Plaatsen van vloer- en wandtegels
- Plaatsen van vloerbedekking en wandbekleding van hout
- Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
- Elektrotechnische installatiewerken aan gebouwen
- Elektrotechnische installatiewerken,uitgezonderd aan gebouwen
- Schilderen van gebouwen
- Schilderen van civieltechnische werken
- Glaszetten
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Dakwerkzaamheden
- Overige gespecialiseerde bouwactiviteiten
- Waterdichtingswerken van muren
- Gevelreiniging
- Bouw van sierschouwen en open haarden
- Uitvoeren van metsel- en voegwerken
- Restaureren van bouwwerken
- Chapewerken
- Overige gespecialiseerde bouwwerkzaamheden
- Ontwikkeling van residentiële bouwprojecten
- Ontwikkeling van niet-residentiële bouwprojecten
- Gespecialiseerde designers
- Diensten in verband met gebouwen;landschapsverzorging
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zwijnaardsesteenweg 44 registered office 9000 Ghent | ||
| Rue de l'Eglise 2 1350 Orp-Jauche | 01-01-2024 | 2.353.318.285 |
Buildings and parcels at the addresses
- Ground area
- 711 m²
- Buildings
- 300 m²
- Volume, LiDAR
- 1,885 m³
- Tallest building
- 11.8 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25028A0088/00R000 | Wallonia | 497 m² | 1 · 97 m² | 6.7 m · 1 |
| 44808H0052/00R006 | Flanders | 214 m² | 1 · 202 m² | 11.8 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1003.524.386