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Fluxus Process

Active
Private limited companyfounded 197451 yrs activeThy 52, 1470 Genappe, BelgiumKBO/BCE: BE 0414.734.485
Summary

The annual accounts of Fluxus Process for fiscal year 2025 show a net loss of 507% of total assets and of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €893 and a net result of -€10,637. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 39% of 1913 sector peers (fiscal year 2025). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency68▼-32
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 51 years 0 60 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,637
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
25 d late
2023
30 d late
2022
16 d late
2021
23 d late
2020
25 d late
2019
84 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 19 December 1974, Fluxus Process was incorporated.1 Total assets went from EUR 57,263 in 2018 to EUR 2,097 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€893▼ 92.3%
2024 · €11,530
Total assets
€2,097▼ 85.9%
2024 · €14,833
Net result
-€10,637▲ 20.1%
2024 · -€13,318
Working capital
-€97
2024 · €9,060
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,033▼ 67.9%€2,918▲ 183%-€4,626-€13,477▼ 191%-€10,584▲ 21.5%
Net result€1,579within the sector's middle half▼ 77.7%€3,346within the sector's middle half▲ 112%-€3,910below the sector's middle half-€13,318below the sector's middle half▼ 241%-€10,637below the sector's middle half▲ 20.1%
Equity€25,412within the sector's middle half▲ 6.6%€28,757within the sector's middle half▲ 13.2%€24,848within the sector's middle half▼ 13.6%€11,530below the sector's middle half▼ 53.6%€893below the sector's middle half▼ 92.3%
Total assets€33,082below the sector's middle half▼ 2.3%€35,965below the sector's middle half▲ 8.7%€37,747below the sector's middle half▲ 5.0%€14,833below the sector's middle half▼ 60.7%€2,097below the sector's middle half▼ 85.9%
Debt€7,670▼ 23.6%€7,208▼ 6.0%€12,900▲ 79.0%€3,303▼ 74.4%€1,204▼ 63.6%
Working capital€25,412within the sector's middle half▲ 6.6%€28,758within the sector's middle half▲ 13.2%€20,898within the sector's middle half▼ 27.3%€9,060within the sector's middle half▼ 56.6%-€97below the sector's middle half
Solvency76.8%within the sector's middle half▲ 6.5pp80.0%above the sector's middle half▲ 3.1pp65.8%within the sector's middle half▼ 14.1pp77.7%within the sector's middle half▲ 11.9pp
Current ratio4.31within the sector's middle half▲ 0.944.99above the sector's middle half▲ 0.682.62within the sector's middle half▼ 2.373.74within the sector's middle half▲ 1.12
Return on assets (ROA)4.8%within the sector's middle half▼ 16.2pp9.3%within the sector's middle half▲ 4.5pp-10.4%below the sector's middle half▼ 19.7pp-89.8%below the sector's middle half▼ 79.4pp
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2021: €1,033€1,033Net result 2021: €1,579€1,579Operating result 2022: €2,918€2,918Net result 2022: €3,346€3,346Operating result 2023: -€4,626-€4,626Net result 2023: -€3,910-€3,910Operating result 2024: -€13,477-€13,477Net result 2024: -€13,318-€13,318Operating result 2025: -€10,584-€10,584Net result 2025: -€10,637-€10,63720212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€4,626-€4,630Net result 2023: -€3,910-€3,910Operating result 2024: -€13,477-€13,500Net result 2024: -€13,318-€13,300Operating result 2025: -€10,584-€10,600Net result 2025: -€10,637-€10,600202320242025
The operating result stays negative: a loss of €10,584 in 2025 against €13,477 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2,097
Fixed assets €990 ▼ 59.9%
Current assets €1,106 ▼ 91.0%
Equity and liabilities €2,097
Equity €893 ▼ 92.3%
Debt €1,204 ▼ 63.6%
Debt's share of the balance-sheet total rises from 22.3% to 57.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,103▲
2024 · -€11,995
Cash flow
-€9,155▲
2024 · -€11,836
Interest coverage
-173.62▼
2024 · -59.50
Debt ≤ 1 year
€1,204▼
2024 · €3,301
Ratios withheld: a balance sheet total of €2,097 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,833€2,097▼
Fixed assets21/28€2,472€990▼
Tangible fixed assets22/27€2,472€990▼
Furniture and vehicles24€2,472€990▼
Current assets29/58€12,361€1,106▼
Amounts receivable within one year40/41€12,301€1,106▼
Trade receivables40€11,855€1,076▼
Other amounts receivable41€446€30▼
Current investments50/53€0€0▲
Cash at bank and in hand54/58€44-
Deferred charges and accrued income490/1€16-
Equity and liabilities
Total equity and liabilities10/49€14,833€2,097▼
Equity10/15€11,530€893▼
Contributions10/11€20,451€20,451=
Profit (loss) carried forward14-€8,922-€19,558▼
Amounts payable17/49€3,303€1,204▼
Amounts payable within one year42/48€3,301€1,204▼
Financial debts43€10€2▼
Credit institutions430/8€10€2▼
Trade debts44€2,755€561▼
Suppliers440/4€2,755€561▼
Other amounts payable47/48€536€641▲
Accrued charges and deferred income492/3€2€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,482€1,482=
Other operating charges640/8€387€400▲
Gross operating margin9900-€11,608-€8,703▲
Operating profit (loss)9901-€13,477-€10,584▲
Financial income75/76B€361-
Recurring financial income75€361-
Financial charges65/66B€202€52▼
Recurring financial charges65€202€52▼
Profit (loss) for the period before taxes9903-€13,318-€10,637▲
Profit (loss) for the period9904-€13,318-€10,637▲
Profit (loss) for the period to be appropriated9905-€13,318-€10,637▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,922-€19,558▼
Profit (loss) brought forward from the previous period14P€4,396-€8,922▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€491€1,482€1,482=
Other operating charges640/8€348€469€419€387€400▲ 3.2%
Gross operating margin9900€1,380€3,387-€3,716-€11,608-€8,703▲ 25.0%
Operating profit (loss)9901€1,033€2,918-€4,626-€13,477-€10,584▲ 21.5%
Financial income75/76B€1,553€1,626€1,055€361--
Recurring financial income75€1,553€1,626€1,055€361--
Financial charges65/66B€557€236€339€202€52▼ 74.0%
Recurring financial charges65€557€236€339€202€52▼ 74.0%
Profit (loss) for the period before taxes9903€2,029€4,308-€3,910-€13,318-€10,637▲ 20.1%
Income taxes67/77€449€963----
Profit (loss) for the period9904€1,579€3,346-€3,910-€13,318-€10,637▲ 20.1%
Profit (loss) for the period to be appropriated9905€1,579€3,346-€3,910-€13,318-€10,637▲ 20.1%
Line20212022202320242025Change
Assets
Total assets20/58€33,082€35,965€37,747€14,833€2,097▼ 85.9%
Fixed assets21/28--€3,953€2,472€990▼ 59.9%
Tangible fixed assets22/27--€3,953€2,472€990▼ 59.9%
Furniture and vehicles24--€3,953€2,472€990▼ 59.9%
Current assets29/58€33,082€35,965€33,794€12,361€1,106▼ 91.0%
Amounts receivable within one year40/41€32,744€35,782€31,964€12,301€1,106▼ 91.0%
Trade receivables40€8,966€13,253€15,974€11,855€1,076▼ 90.9%
Other amounts receivable41€23,777€22,529€15,991€446€30▼ 93.4%
Current investments50/53--€130€0€0▲ 18.9%
Cash at bank and in hand54/58€275€45€119€44--
Deferred charges and accrued income490/1€64€138€1,581€16--
Equity and liabilities
Total equity and liabilities10/49€33,082€35,965€37,747€14,833€2,097▼ 85.9%
Equity10/15€25,412€28,757€24,848€11,530€893▼ 92.3%
Contributions10/11€18,592€18,592€20,451€20,451€20,451=
Reserves13€1,859€1,859----
Non-distributable reserves130/1€1,859€1,859----
Reserves not available under the articles1311€1,859€1,859----
Profit (loss) carried forward14€4,961€8,306€4,396-€8,922-€19,558▼ 119%
Amounts payable17/49€7,670€7,208€12,900€3,303€1,204▼ 63.6%
Amounts payable within one year42/48€7,670€7,207€12,896€3,301€1,204▼ 63.5%
Financial debts43-€361€173€10€2▼ 82.5%
Credit institutions430/8-€361€173€10€2▼ 82.5%
Trade debts44€2,177€2,079€2,853€2,755€561▼ 79.6%
Suppliers440/4€2,177€2,079€2,853€2,755€561▼ 79.6%
Taxes, remuneration and social security45€2,638€1,412€963---
Taxes450/3€2,638€1,412€963---
Other amounts payable47/48€2,855€3,355€8,907€536€641▲ 19.6%
Accrued charges and deferred income492/3€0€0€4€2€0▼ 98.1%
Line20212022202320242025Change
Profit (loss) for the period9904€1,579€3,346-€3,910-€13,318-€10,637▲ 20.1%
+ Depreciation and write-downs630--€491€1,482€1,482=
Operating cash flow (approximation)€1,579€3,346-€3,419-€11,836-€9,155▲ 22.7%
Investment in fixed assets (approximation)---€0€0-
Change in cash--€229€74-€75--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial Weakest financial yearnet -€13,318
Net result drops to -€13,318, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
16-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Highest result since 2018net €7,093 ▲41.8%
Operating result €3,214, net result €7,093, both a record.
23-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial Back to profitnet €5,001
Net result €5,001 after one loss-making year.
29-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 332 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Genappe · 1 establishment unit since 1975
seat establishment approximate The establishment unit on the map
Ground area
7,888 m²
Building footprint
193 m²
Volume, LiDAR
1,618 m³
Parcel 25003C0055/00G000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fluxus Process
Thy 52, 1470 GenappeComputing infrastructure, data processing, hosting and other information service activities
since 19752.010.697.954
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25003C0055/00G000 Wallonia 7,888 m² 1 · 193 m² 10.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 2,783 companies in sector 63910 we hold annual accounts for 699. 123 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
Founded19-12-1974
Fiscal year end31-12
Activities, NACEBEL 2025
63910Web portal activities
Contact
E-mail michiels.f@mga-graphic-assistance.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0414734485
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.