Flux50

Active

Non-profit associationfounded 2010active for 16 yearsKoningsstraat 146, 1000 Brussel, Belgium15 active companies are registered at this addressKBO/BCE: BE 0824.769.323

Summary

Flux50 has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491,381 and a net result of €76. Equity is growing by about 6.6% per year across the filed financial years. Its solvency ranks better than 46% of 380 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

Flux50ActiveChecked score 92/100

Risk analysis Report Compare

Activity

Other personal services

NACE 96999Activities of business and employers' organisations NACE 94110

7th fastest staff growth in the Brussels-Capital Region, Personal services sector1 site

Size

€1.4mtotal assets 2025

Staff: 14.4 FTE
Equity: €491,381
Surplus: €76

Financial health

92 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 16 members

2025 accounts 39 days early1 of 11 deeds summarised

Why 92raises riskSize: 14.4 FTE, total assets €1.4mlowers riskLegal form: non-profit associationLiquidity: current ratio 1.81, cash €297,746Founded in 2010Show the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 35% of its sector peers (NACE 96, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 60+8

equity 34.9% of total assets

Liquidity 48+20

short-term debt 54.9% · cash 21.1%

Profitability 19-55

return on assets 0.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (346 companies, NACE 96, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.81, compared with 1.55 in 2024, above the usual 1.5; short-term debt: 54.9% and cash: 21.1% of total assets), but 65.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, small): better than 49% on solvency, 34% on liquidity, 17% on profitability and 39% on growth.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Legal form: non-profit association

KBO

Liquidity: current ratio 1.81, cash €297,746

NBB · annual accounts

Founded in 2010

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 14.4 FTE, total assets €1.4m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

39 days early

2024

15 days early

2023

29 days early

2022

36 days late

2021

17 days early

2020

31 days early

2019

31 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 18 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)

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 14 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-10-2026 Resignations: Donald Vanbeveren, Bert Gysen and…Appointments: Fluvius System Operator, Samen…
22-06-2026 Annual accounts filedfinancial year 2025 · full…
16-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Caution: Result fell in 2025from €84,285 to €76 ▼ 99.9% View
Board changedlatest change 08-10-2026 · 16 in office 8 joined · 10 left View
Positive: 7th fastest staff growth in the Brussels-Capital Region, Personal services sectorin the Checked rankings No. 7 View
Flemish supportawarded from 2022 to 2025 €2.5m View
Positive: 7 profitable years in a rowprofit 2025: €76 7 years View

By topic

Financials

Financial year: 2025
Total assets: €1.4m
Profit: €76
Solvency: 34.9%

Total assets▼ 24.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 16 members

Baker McKenzieDirector
Fluvius System OperatorDirector
LinnetDirector
PowerPulseDirector
QUARES CONSULTING & PRODUCT DEVELOPMENTDirector

and 11 other directors

Go to Board & ownership

Network & group

Connected companies: 11

Go to Network & group

Timeline

Events: 18
Since: 2011
Next accounts: by 31-07-2027

31-12-2024Highest result from 2018 to 2025
02-07-2024Annual accounts filed
05-09-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Other personal servicesNACE 96999
Founded: 01-04-2010
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Flux50

What is the company number of Flux50?: 0824.769.323. In Belgium the VAT number is the company number with BE in front: BE 0824.769.323.
Where is Flux50 based?: The registered office is at Koningsstraat 146, 1000 Brussel.Company details
What does Flux50 do?: According to the KBO register, the main activity is other personal services (NACE 96999).
What is the legal form of Flux50?: Non-profit association (VZW).
When was Flux50 founded?: On 01-04-2010.
Is Flux50 still active?: Yes, Flux50 is an active enterprise in the KBO register.
How many employees does Flux50 have?: On average 14.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Flux50?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Flux50 profitable?: In financial year 2025, Flux50 made a profit of €76.
Where can I find the annual accounts of Flux50?: Flux50 filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Flux50 due?: By 31-07-2027, for financial year 2026.Timeline