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FLUXCOM

Active
Private limited companyfounded 200719 yrs activeWestendelaan 265, 8434 Middelkerke, BelgiumKBO/BCE: BE 0889.453.475

FLUXCOM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €302k and a net result of €53k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 9580 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
53 / 100
Fair▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency39▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.54 in 2023), and 67.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
50 d late
2022
57 d late
2021
31 d late
2020
27 d late
2019
70 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€302k▲ 21.2%
2023 · €249k
2018: €88k 2019: €97k 2020: €128k 2021: €154k 2022: €194k 2023: €249k
2018 → 2024
Total assets
€938k▼ 0.4%
2023 · €942k
2018: €225k 2019: €707k 2020: €734k 2021: €953k 2022: €937k 2023: €942k
2018 → 2024
Net result
€53k▼ 2.8%
2023 · €54k
2018: €10k 2019: €9k 2020: €31k 2021: €26k 2022: €43k 2023: €54k
2018 → 2024
Working capital
€-52k▼ 5.4%
2023 · €-49k
2018: €-34k 2019: €-83k 2020: €-65k 2021: €-80k 2022: €-53k 2023: €-49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€128k-€154k▲ 20.5%€194k▲ 26.4%€249k▲ 28.0%€302k▲ 21.2%
Operating result€43k-€42k▼ 2.6%€62k▲ 47.4%€84k▲ 36.3%€82k▼ 3.0%
Net result€31k-€26k▼ 15.1%€43k▲ 63.2%€54k▲ 27.5%€53k▼ 2.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €43k€43kNet result 2020: €31k€31kOperating result 2021: €42k€42kNet result 2021: €26k€26kOperating result 2022: €62k€62kNet result 2022: €43k€43kOperating result 2023: €84k€84kNet result 2023: €54k€54kOperating result 2024: €82k€82kNet result 2024: €53k€53k20202021202220232024
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €938k
Fixed assets €888k▲ 0.5%
Current assets €50k▼ 13.9%
Equity and liabilities €938k
Equity €302k▲ 21.2%
Debt €636k▼ 8.2%
The debt ratio falls from 73.6% to 67.8%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€90k
2023 · €92k
Cash flow
€61k
2023 · €62k
Solvency
32.2%
2023 · 26.4%
Current ratio
0.49
2023 · 0.54
Quick ratio
0.49
2023 · 0.50
Debt / equity
2.11
2023 · 2.78
ROE
17.5%
2023 · 21.9%
ROA
5.6%
2023 · 5.8%
Interest coverage
20.02
2023 · 23.75
Debt
€636k
2023 · €693k
Debt ≤ 1 year
€102k
2023 · €107k
Debt > 1 year
€534k
2023 · €585k
Income taxes
€25k
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€942k€938k
Fixed assets21/28€883k€888k
Tangible fixed assets22/27€675k€680k
Land and buildings22€671k€668k
Plant, machinery and equipment23€5k€12k
Financial fixed assets28€208k€208k=
Current assets29/58€58k€50k
Stocks and contracts in progress3€4k€0
Stocks30/36€4k€0
Amounts receivable within one year40/41€25k€32k
Trade receivables40€2k€2k=
Other amounts receivable41€23k€30k
Cash at bank and in hand54/58€7k€10k
Deferred charges and accrued income490/1€22k€7k
Equity and liabilities
Total equity and liabilities10/49€942k€938k
Equity10/15€249k€302k
Contributions10/11€19k€19k=
Reserves13€222k€274k
Non-distributable reserves130/1€2k€0
Other1319€2k€0
Distributable reserves133€220k€274k
Profit (loss) carried forward14€8k€9k
Amounts payable17/49€693k€636k
Amounts payable after more than one year17€585k€534k
Financial debts170/4€184k€174k
Other amounts payable178/9€401k€360k
Amounts payable within one year42/48€107k€102k
Current portion of amounts payable after more than one year42€31k€24k
Trade debts44€53k€55k
Suppliers440/4€53k€55k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€21k€21k
Taxes450/3€21k€21k
Other amounts payable47/48€2k€2k
Accrued charges and deferred income492/3€530€222
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k
Other operating charges640/8€9k€10k
Gross operating margin9900€100k€101k
Operating profit (loss)9901€84k€82k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€5k
Recurring financial charges65€4k€5k
Profit (loss) for the period before taxes9903€81k€77k
Income taxes67/77€26k€25k
Profit (loss) for the period9904€54k€53k
Profit (loss) for the period to be appropriated9905€54k€53k
Appropriation of the result
Profit (loss) to be appropriated9906€62k€61k
Profit (loss) brought forward from the previous period14P€8k€8k
Transfer to equity691/2€54k€53k
To other reserves6921€54k€53k
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
19-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
31-12
Financial Highest result since 2018net €54k ▲27.5%
Operating result €84k, net result €54k, both a record.
31-12
Financial Equity above €200kEq €249k ▲28%
6 profitable years in a row build equity to €249k.
26-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Equity above €150kEq €154k ▲20.5%
4 profitable years in a row build equity to €154k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial Equity above €100kEq €128k ▲31.7%
3 profitable years in a row build equity to €128k.
09-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial Weakest financial yearnet €9k ▼11.4%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Middelkerke · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Westendelaan 2658434 Middelkerke
Ground area
266 m²
Building footprint
239 m²
Volume, LiDAR
1,396 m³
Parcel 35022A0121/00P000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fluxcom
Westendelaan 265, 8434 MiddelkerkeNACE 51840
since 20072.162.555.810
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35022A0121/00P000 Flanders 266 m² 1 · 239 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,209 companies in sector 47400 we hold annual accounts for 1,793. 1,256 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-05-2007
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
73120Media representation
74402
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.