FLUX EXPERT
ActiveSummary
The computed 12-month bankruptcy probability of FLUX EXPERT is 2.0% (moderate). The 2024 annual accounts show equity of €79k and a net result of €59k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+32
Solvency75▲+1
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.61 in 2023; short-term debt: 42.6% and cash: 15% of total assets), and 49.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-06-2025, 54 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
54 d early
2023
48 d early
2022
37 d early
2021
50 d early
2020
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€430k▲ 92.9%
2020 · €223k
2020: €223k
2023: €430k
2020 → 2023
EBIT margin
3.7%▼ 0.4pp
2020 · 4.1%
2020: 4.1%
2023: 3.7%
2020 → 2023
Net result
€59k▲ 731%
2023 · €7k
2020: €7k
2021: €19k▲ +164% vs 2020
2022: €40k▲ +107% vs 2021
2023: €7k▼ -81.9% vs 2022lowest in 5 years
2024: €59k▲ +731% vs 2023highest in 5 years
2020 → 2024
Working capital
€40k▲ 68.6%
2023 · €24k
2020: €9klowest in 5 years
2021: €30k▲ +240% vs 2020
2022: €41k▲ +39.4% vs 2021highest in 5 years
2023: €24k▼ -42.3% vs 2022
2024: €40k▲ +68.6% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€223k-€430k
2020: €223k
2023: €430k
Equity€12k-€31k▲ 156%€71k▲ 126%€66k▼ 6.5%€79k▲ 20.1%
2020: €12klowest in 5 years
2021: €31k▲ +156% vs 2020
2022: €71k▲ +126% vs 2021
2023: €66k▼ -6.5% vs 2022
2024: €79k▲ +20.1% vs 2023highest in 5 years
Operating result€9k-€24k▲ 166%€56k▲ 133%€16k▼ 71.7%€83k▲ 421%
2020: €9klowest in 5 years
2021: €24k▲ +166% vs 2020
2022: €56k▲ +133% vs 2021
2023: €16k▼ -71.7% vs 2022
2024: €83k▲ +421% vs 2023highest in 5 years
Net result€7k-€19k▲ 164%€40k▲ 107%€7k▼ 81.9%€59k▲ 731%
2020: €7k
2021: €19k▲ +164% vs 2020
2022: €40k▲ +107% vs 2021
2023: €7k▼ -81.9% vs 2022lowest in 5 years
2024: €59k▲ +731% vs 2023highest 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 recovers in 2024; 2024 is 421% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158k
Fixed assets
€50k ▼ 30.6%
Current assets
€108k ▲ 70.4%
Equity and liabilities €158k
Equity
€79k ▲ 20.1%
Debt
€79k ▲ 12.8%
Debt's share of the balance-sheet total falls from 51.3% to 49.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106k▲
2023 · €37k
Cash flow
€83k▲
2023 · €29k
Current ratio
1.60▼
2023 · 1.61
Debt to equity
0.99▼
2023 · 1.05
ROE
74.6%▲
2023 · 10.8%
ROA
37.5%▲
2023 · 5.3%
Interest coverage
63.04▲
2023 · 16.10
Debt ≤ 1 year
€67k▲
2023 · €39k
Debt > 1 year
€11k▼
2023 · €30k
Income taxes
€22k▲
2023 · €6k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€136k€158k▲
Fixed assets21/28€73k€50k▼
Tangible fixed assets22/27€73k€50k▼
Plant, machinery and equipment23€989€1k▲
Furniture and vehicles24€72k€49k▼
Current assets29/58€63k€108k▲
Amounts receivable within one year40/41€43k€81k▲
Trade receivables40€15k€47k▲
Other amounts receivable41€28k€34k▲
Cash at bank and in hand54/58€18k€24k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€136k€158k▲
Equity10/15€66k€79k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€61k€74k▲
Amounts payable17/49€70k€79k▲
Amounts payable after more than one year17€30k€11k▼
Financial debts170/4€30k€11k▼
Amounts payable within one year42/48€39k€67k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€610€21k▲
Suppliers440/4€610€21k▲
Taxes, remuneration and social security45€20k€27k▲
Taxes450/3€20k€27k▲
Income statement
Code20232024
Turnover70€430k-
Non-recurring operating income76A€250-
Goods, raw materials, services and sundry goods60/61€395k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€23k▲
Other operating charges640/8€8k€3k▼
Gross operating margin9900€45k€108k▲
Operating profit (loss)9901€16k€83k▲
Financial income75/76B€0€36▲
Recurring financial income75€0€36▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€14k€81k▲
Income taxes67/77€6k€22k▲
Profit (loss) for the period9904€7k€59k▲
Profit (loss) for the period to be appropriated9905€7k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€120k▲
Profit (loss) brought forward from the previous period14P€66k€61k▼
Profit to be distributed694/7€12k€46k▲
Return on contributions (dividend)694-€46k
Directors or managers695€12k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €223k | - | - | €430k | - | - |
| Non-recurring operating income76A | - | - | - | €250 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €395k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €12k | €21k | €23k | ▲ 9.2% |
| Other operating charges640/8 | - | €743 | €4k | €8k | €3k | ▼ 68.7% |
| Gross operating margin9900 | €12k | €28k | €72k | €45k | €108k | ▲ 139% |
| Operating profit (loss)9901 | €9k | €24k | €56k | €16k | €83k | ▲ 421% |
| Financial income75/76B | - | €19 | - | €0 | €36 | ▲ 90,725% |
| Recurring financial income75 | - | €19 | - | €0 | €36 | ▲ 90,725% |
| Financial charges65/66B | - | €168 | €1k | €2k | €2k | ▼ 27.3% |
| Recurring financial charges65 | €24 | €168 | €1k | €2k | €2k | ▼ 27.3% |
| Profit (loss) for the period before taxes9903 | €9k | €24k | €55k | €14k | €81k | ▲ 498% |
| Income taxes67/77 | €2k | €5k | €15k | €6k | €22k | ▲ 239% |
| Profit (loss) for the period9904 | €7k | €19k | €40k | €7k | €59k | ▲ 731% |
| Profit (loss) for the period to be appropriated9905 | €7k | €19k | €40k | €7k | €59k | ▲ 731% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19k | €42k | €143k | €136k | €158k | ▲ 16.3% |
| Fixed assets21/28 | €3k | €2k | €56k | €73k | €50k | ▼ 30.6% |
| Tangible fixed assets22/27 | €3k | €2k | €56k | €73k | €50k | ▼ 30.6% |
| Plant, machinery and equipment23 | - | - | €2k | €989 | €1k | ▲ 42.4% |
| Furniture and vehicles24 | - | €2k | €54k | €72k | €49k | ▼ 31.6% |
| Current assets29/58 | €15k | €40k | €87k | €63k | €108k | ▲ 70.4% |
| Amounts receivable within one year40/41 | €6k | €19k | €76k | €43k | €81k | ▲ 87.0% |
| Trade receivables40 | - | €19k | €55k | €15k | €47k | ▲ 216% |
| Other amounts receivable41 | - | - | €21k | €28k | €34k | ▲ 19.8% |
| Cash at bank and in hand54/58 | €9k | €21k | €9k | €18k | €24k | ▲ 32.6% |
| Deferred charges and accrued income490/1 | - | - | €2k | €2k | €3k | ▲ 47.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19k | €42k | €143k | €136k | €158k | ▲ 16.3% |
| Equity10/15 | €12k | €31k | €71k | €66k | €79k | ▲ 20.1% |
| Contributions10/11 | - | €5k | €5k | €5k | €5k | = |
| Outside capital11 | - | €5k | - | - | - | - |
| Other1109/19 | - | €5k | - | - | - | - |
| Profit (loss) carried forward14 | €7k | €26k | €66k | €61k | €74k | ▲ 21.7% |
| Amounts payable17/49 | €7k | €10k | €72k | €70k | €79k | ▲ 12.8% |
| Amounts payable after more than one year17 | - | - | €26k | €30k | €11k | ▼ 63.0% |
| Financial debts170/4 | - | - | €26k | €30k | €11k | ▼ 63.0% |
| Amounts payable within one year42/48 | €7k | €10k | €45k | €39k | €67k | ▲ 71.4% |
| Current portion of amounts payable after more than one year42 | - | - | €11k | €19k | €19k | ▲ 2.8% |
| Trade debts44 | €5k | €2k | €14k | €610 | €21k | ▲ 3,301% |
| Suppliers440/4 | - | €2k | €14k | €610 | €21k | ▲ 3,301% |
| Taxes, remuneration and social security45 | - | €8k | €20k | €20k | €27k | ▲ 36.9% |
| Taxes450/3 | - | €8k | €20k | €20k | €27k | ▲ 36.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €19k | €40k | €7k | €59k | ▲ 731% |
| + Depreciation and write-downs630 | €2k | €3k | €12k | €21k | €23k | ▲ 9.2% |
| Operating cash flow (approximation) | €9k | €22k | €51k | €29k | €83k | ▲ 190% |
| Investment in fixed assets (approximation) | - | €-908 | €-66k | €-38k | €-1k | ▲ 97.2% |
| Change in cash | - | €12k | €-13k | €9k | €6k | ▼ 37.1% |
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
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €59k ▲731%
Operating result €83k, net result €59k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼81.9%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 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, Overijse · 1 establishment unit since 2019
Ground area
2,015 m²
Building footprint
265 m²
Volume, LiDAR
1,391 m³
2 parcels, Brussels, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
311
companies at this address
See who is registered here
1 establishment unit
FLUX EXPERT
since 20192.291.156.727
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 21674C0128/00M003 | Brussels | 81 m² | 1 · 67 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,202 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
Founded12-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.