Summary
Fluxys hydrogen has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.48M. Its solvency ranks better than 45% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency51▼-49
Growth41
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.4%
Age of the figures
9 mo
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 28-04-2026, 94 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
94 d early
2024
77 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.11M▼ 7.8%
2024 · €6.63M
2024: €6.63M
2024 → 2025
EBIT margin
0.9%▲ 0.3pp
2024 · 0.5%
2024: 0.5%
2024 → 2025
Net result
Not included in this filing
Working capital
€-9.61M
2024 · €5.45M
2024: €5.45M
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€6.63M-€6.11M▼ 7.8%
Equity€5.48M-€25.48M▲ 365%
Operating result€35k-€52k▲ 48.5%
Result per fiscal year
Operating result
The operating result rises in 2025; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96.67M
Fixed assets
€80.28M ▲ 289,329%
Current assets
€16.38M ▲ 144%
Equity and liabilities €96.67M
Equity
€25.48M ▲ 365%
Debt
€71.19M ▲ 5,482%
Debt's share of the balance-sheet total rises from 18.9% to 73.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.63▼
2024 · 5.27
Debt to equity
2.79▲
2024 · 0.23
Debt ≤ 1 year
€25.99M▲
2024 · €1.27M
Debt > 1 year
€45.00M
Staff costs
€656k▲
2024 · €195k
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 · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.75M€96.67M▲
Fixed assets21/28€28k€80.28M▲
Tangible fixed assets22/27€28k€80.28M▲
Assets under construction and advance payments27€28k€80.28M▲
Current assets29/58€6.72M€16.38M▲
Amounts receivable within one year40/41€93k€668k▲
Trade receivables40€639€2k▲
Other amounts receivable41€92k€665k▲
Current investments50/53-€2.93M
Deferred charges and accrued income490/1€6.63M€12.79M▲
Equity and liabilities
Total equity and liabilities10/49€6.75M€96.67M▲
Equity10/15€5.48M€25.48M▲
Contributions10/11€5.48M€25.48M▲
Capital10€5.48M€25.48M▲
Issued capital100€5.48M€83.48M▲
Uncalled capital101-€58.00M
Amounts payable17/49€1.28M€71.19M▲
Amounts payable after more than one year17-€45.00M
Financial debts170/4-€45.00M
Amounts payable within one year42/48€1.27M€25.99M▲
Financial debts43€188k-
Credit institutions430/8€188k-
Trade debts44€982k€25.91M▲
Suppliers440/4€982k€25.91M▲
Taxes, remuneration and social security45€105k€79k▼
Remuneration and social security454/9€105k€79k▼
Accrued charges and deferred income492/3€444€196k▲
Income statement
Code20242025
Turnover70€6.63M€6.11M▼
Goods, raw materials, services and sundry goods60/61€6.40M€5.71M▼
Remuneration, social security and pensions62€195k€656k▲
Gross operating margin9900€230k€708k▲
Operating profit (loss)9901€35k€52k▲
Financial income75/76B-€17k
Recurring financial income75-€17k
Financial charges65/66B€35k€69k▲
Recurring financial charges65€35k€69k▲
Social balance
Average headcount (FTE)90873.03.5▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €25MEq €25.48M ▲365%
Equity rises from €5.48M to €25.48M.
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Brussel · 1 establishment unit since 2023
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.
Guimardstraat 41040 BrusselGround area
2,234 m²
Building footprint
2,232 m²
Volume, LiDAR
43,911 m³
Parcel 21805E0176/00F000, Brussels · tallest building 33.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Guimardstraat 4, 1040 Brussel
since 20232.352.138.152
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0176/00F000 | Brussels | 2,234 m² | 1 · 2,232 m² | 33.1 m · 8 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.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Bruxelles
Brussel · indirect
controls
Fluxys hydrogenBE 1002.472.927
Recognitions · licences · registrations
Legal Entity Identifier
6994001CNTXC21OK6D76
Similar companies · same sector, comparable size
NPG BOCHOLT
BE 0843.076.884
Bocholt · Eq €6.74M
INFRATECH
BE 0474.353.655
Thimister-Clermont · Eq €5.58M
FLUXYS LNG
BE 0426.047.853
Brussel · Eq €117.93M
A & L JEUBIS
BE 0479.025.689
Sint-Truiden · Eq €5.08M
HYDROWAL
BE 0420.552.210
Zaventem · Eq €3.65M
Of 22 companies in sector 35220 we hold annual accounts for 14. 6 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
35220Electricity, gas, steam and air conditioning supply
49500Land transport and transport via pipelines
42211Civil engineering
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.