Fluxtrics
ActiveSummary
Fluxtrics has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,835 and a net result of €57,763. Equity has been growing by about 62% per year since 2023. Its solvency ranks better than 75% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-11-2022 Normal situation
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.338.855.684 8210 Zedelgem, since 17-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €86,452
- ▼ 5.7%
- Turnover
- ≈ €340,000
- estimated
- Profit
- €57,763
- ▼ 10.6%
- Equity
- €156,835
- ▲ 58.3%
- Total assets
- €225,536
- ▲ 21.5%
Score breakdownraises riskFounded in 2022Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.41, cash €172,276Equity €156,835 (69.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 75% of them on solvency, 88% on liquidity, 92% on profitability and 85% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
The company filed its last 3 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 9% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €39,352 | €66,060 | €1,248 |
| Intangible fixed assets | €5,600 | - | - |
| Financial fixed assets | - | - | €0 |
| Depreciation and write-downs of the year | €9,325 | €8,378 | €10,128 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €495 awarded · €495 paid| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,325 | €8,378 | €10,128 | ▲ 20.9% |
| Other operating charges640/8 | €401 | €431 | €1,089 | ▲ 153% |
| Non-recurring operating charges66A | - | €609 | €0 | ▼ 100% |
| Gross operating margin9900 | €39,263 | €91,689 | €86,452 | ▼ 5.7% |
| Operating profit (loss)9901 | €29,537 | €82,271 | €75,236 | ▼ 8.6% |
| Financial income75/76B | €162 | €1,421 | €308 | ▼ 78.3% |
| Recurring financial income75 | €162 | €1,421 | €308 | ▼ 78.3% |
| Financial charges65/66B | €1,380 | €3,619 | €3,363 | ▼ 7.1% |
| Recurring financial charges65 | €1,380 | €3,619 | €3,363 | ▼ 7.1% |
| Profit (loss) for the period before taxes9903 | €28,319 | €80,073 | €72,181 | ▼ 9.9% |
| Income taxes67/77 | €3,846 | €15,475 | €14,418 | ▼ 6.8% |
| Profit (loss) for the period9904 | €24,474 | €64,598 | €57,763 | ▼ 10.6% |
| Profit (loss) for the period to be appropriated9905 | €24,474 | €64,598 | €57,763 | ▼ 10.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €97,182 | €185,568 | €225,536 | ▲ 21.5% |
| Fixed assets21/28 | €35,627 | €38,031 | €29,151 | ▼ 23.3% |
| Intangible fixed assets21 | €4,599 | €3,479 | €2,359 | ▼ 32.2% |
| Tangible fixed assets22/27 | €31,028 | €34,552 | €26,792 | ▼ 22.5% |
| Plant, machinery and equipment23 | €1,219 | €4,068 | €4,377 | ▲ 7.6% |
| Furniture and vehicles24 | €7,766 | €5,612 | €3,458 | ▼ 38.4% |
| Leasing and similar rights25 | €22,043 | €24,872 | €18,957 | ▼ 23.8% |
| Current assets29/58 | €61,556 | €147,536 | €196,384 | ▲ 33.1% |
| Stocks and contracts in progress3 | €7,000 | €7,888 | €7,629 | ▼ 3.3% |
| Stocks30/36 | €7,000 | €7,888 | €7,629 | ▼ 3.3% |
| Amounts receivable within one year40/41 | €5,437 | €45,251 | €15,989 | ▼ 64.7% |
| Trade receivables40 | €2,971 | €33,768 | €8,113 | ▼ 76.0% |
| Other amounts receivable41 | €2,466 | €11,483 | €7,876 | ▼ 31.4% |
| Cash at bank and in hand54/58 | €49,119 | €93,922 | €172,276 | ▲ 83.4% |
| Deferred charges and accrued income490/1 | - | €475 | €490 | ▲ 3.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €97,182 | €185,568 | €225,536 | ▲ 21.5% |
| Equity10/15 | €34,474 | €99,072 | €156,835 | ▲ 58.3% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €24,474 | €89,072 | €146,835 | ▲ 64.8% |
| Distributable reserves133 | €24,474 | €89,072 | €146,835 | ▲ 64.8% |
| Amounts payable17/49 | €62,709 | €86,495 | €68,700 | ▼ 20.6% |
| Amounts payable after more than one year17 | €10,395 | €15,584 | €11,158 | ▼ 28.4% |
| Financial debts170/4 | €10,395 | €15,584 | €11,158 | ▼ 28.4% |
| Amounts payable within one year42/48 | €52,313 | €70,912 | €57,543 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | €3,153 | €4,128 | €4,426 | ▲ 7.2% |
| Trade debts44 | €1,172 | €16,995 | €2,985 | ▼ 82.4% |
| Suppliers440/4 | €1,172 | €16,995 | €2,985 | ▼ 82.4% |
| Other amounts payable47/48 | €47,988 | €49,788 | €50,132 | ▲ 0.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,474 | €64,598 | €57,763 | ▼ 10.6% |
| + Depreciation and write-downs630 | €9,325 | €8,378 | €10,128 | ▲ 20.9% |
| Operating cash flow (approximation) | €33,799 | €72,976 | €67,891 | ▼ 7.0% |
| Investment in fixed assets (approximation) | - | -€10,782 | -€1,248 | ▲ 88.4% |
| Change in cash | - | €44,803 | €78,354 | ▲ 74.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Fluxtrics has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Fluxtrics itself is lower: 0.1% within 12 months. It rests on far more data about Fluxtrics than the profile alone.
Test of the method
The method was tested on the 497,446 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 Fluxtrics. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- PUYPE Thomas Laurens 50 shares (50%) · €5,000
- VANWALLEGHEM Annelies Yvonne Constant 50 shares (50%) · €5,000
Capital transactions
- 21-11-2022 Incorporation · €10,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, na aanzuivering schulden,lasten,kosten of consignatie…”
Articles of association, deed of 21-11-2022 (in Dutch)
Network & group
Fluxtrics shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Fluxtrics. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-11
Gazette deed
IncorporationStarting capital €10,000 · Appointment: PUYPE Thomas Laurens (director) · Permanent representative: PUYPE Thomas Laurens · Founder11 points ▸
- Founder, PUYPE Thomas Laurens
- Founder, VANWALLEGHEM Annelies Yvonne Constant
- Incorporation, 14-11-2022
- Founding capital, €10,000
- Capital contribution
- Registered office clause, “8210 Zedelgem,Binnenstraat 19, elke communicatie via dit adres door aandeelhouders,houders effecten en houders certificaten geacht geldig gebeurd” (deed in Dutch)
- Board rule, 1
- Director appointment, PUYPE Thomas Laurens (director (not named in the articles))
- Other provision, “geen verbod bestuurder, Koninklijk Besluit nummer 22 van 24-10-1934” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Permanent representative, PUYPE Thomas Laurens
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
38 activities
- De uitoefening van het beroep van elektricien en alle aanverwante beroepen en dit in de meest ruime zin
- Elektrotechnische installatiewerken,renovatiewerken en reparatiewerken,zowel particulier als industrieel in de meest ruimste zin
- Elektro realisaties zoals onder andere verlichting,elektrische binnenhuisinstallaties,domotica,alarmsystemen
- Onderhoud en herstelling van elektrotechnische installaties
- Installatie van elektrische bedrading en toebehoren
- Leveren en plaatsen van laadpalen
- Installatie van de bedrading voor telefooninstallaties en computersystemen
- Installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Plaatsen van ventilatie en verluchting
- Plaatsen van airconditioning
- De installatie van van antennes en bliksemafleiders
- Plaatsen van fotovoltaïsche panelen en batterijen
- Aanleg van leidingen voor vervoer en distributie van elektrische energie
- Vervaardiging van elektronische onderdelen
- Reparatie van elektrische apparaten en installaties
- Installatie,reparatie en onderhoud van verwarmingsinstallaties,klimaatregeling,koeling en ventilatie,elektrische verwarmingsinstallaties
- Toezicht op bouwwerkzaamheden m.b.t. elektriciteit
- Installatie van stores en zonneschermen
- Isolatiewerkzaamheden
- Vervaardiging en installatie van schrijn- en timmerwerk
- Uitvoeren van dakwerken
- Installatie- en reparatiewerken van sanitair
- Installatieactiviteiten voor gas en sanitair,voor audio-video-homecinema en domotica,voor communicatie,voor signalisatie,voor opname en weergave van beelden of geluiden en voor beveiliging tegen overspanning,brand of diefstal en de aan- en verkoop van materiaal ervan
- Het plaatsen van afsluitingen en automatische poorten
- Renovatie van gebouwen en andere constructies
- Verrichten van alle aannemingswerken en onderaannemingswerken of te laten verrichten door onderaannemers,in de bouwsector,in de ruimste betekenis van het woord.Dit zowel inzake nieuwbouw als verbouwing gaande van de voorbereidingswerken tot en met de uiteindelijke afwerking,onderhoud en reiniging
- Het uitvoeren,doen uitvoeren,verhandelen,bemiddelen,promoten,van alle werken en handelingen,die rechtstreeks of onrechtstreeks verband houden met de onderneming van alle bouw- en elektriciteitswerken,zowel private als openbare,zoals ten titel van voorbeeld kunnen worden vermeld: grondwerken,tuinaanleg,plaatsen van opritten en verhardingen,reinigen van gevels,slopingswerken,plaatsen van afsluitingen,warmte-en geluidsisolatie,tegelwerken,plafoneer-,cementeer-,en andere pleisterwerken,timmer-en schrijnwerk,plaatsen van ruiten,glas en andere doorzichtige materialen,schilderwerken,plaatsen van verwarmingssystemen,sanitaire inrichtingen,elektriciteits- en elektronicawerkzaamheden,enzovoort
- Grafische vormgeving in de ruimste zin van het woord
- Alle activiteiten van consultancy
- De aankoop en verkoop van alle producten in verband met haar beroep,alsmede de handel in alle materiaal,onderdelen en dergelijke,welke op één of andere manier in verband staat of kan staan met het voorgaande
- Veiligheidscoördinatie in ontwerp en uitvoering voor bouwkundige en industriële werken
- Projectcoördinatie,-beheer en -management van bouwkundige en industriële werken
- Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen
- Alle verrichtingen,studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de aanpassing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling
- Alle verrichtingen als studiebureau
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.Dit alles uitsluitend voor eigen rekening,tenzij zou worden voldaan aan de voorwaarden om op te treden als vastgoedmakelaar
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
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 0793.670.628
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31036F1024/00X000 | Flanders | 358 m² | 1 · 90 m² | 0.0 m |