Equity
Equity fell by 53% in 1 year.
Equity fell by 53% in 1 year.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €21,205 to €27,780.
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 44% of them on solvency, 22% on liquidity, 5% on profitability and 14% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 3,591 companies had the same profile as NextFluent has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NextFluent itself is lower: 0.2% within 12 months. It rests on far more data about NextFluent than the profile alone.
The method was tested on the 497,447 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 3,591 companies, not a prediction for NextFluent. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.98 (3.85 in 2024), above the usual 1.5. Short-term debt is 49.2% and cash 17.3% of total assets. 49.2% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 74 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| NextFluent Antwerp | €56,487 | €133,463 | 50.8% | - |
| DIAARCH Kontich | €52,001 | €121,704 | 34.3% | - |
| STEF HEYLEN Heist-op-den-Berg | €74,596 | €123,370 | 2.7% | - |
| RAVIZEN Antwerp | €62,617 | €159,006 | 46.5% | - |
| Postula Conceptions Herstal | €50,619 | €142,426 | 22.8% | - |
| IQN CONSULTING Brussels | €44,325 | €136,218 | 11.5% | - |
| Brightbear Consulting Dilbeek | €57,213 | €159,585 | 4.4% | - |
These companies have the same main activity as NextFluent: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €44,300 and €74,600, founded between 2018 and 2022.
NextFluent files the micro format. That format states no turnover. The gross margin fell from €176,100 in 2022 to €133,463 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €190,000 and €260,000.
Higher than 42% of 21,206 companies in 2025.
Higher than 42% of 20,569 companies in 2025.
Lower than 95% of 20,744 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
56,487 | 82,126 | 98,633 | 58,429 | |
21/28 |
1,427 | 558 | 1,072 | - | |
22/27 |
1,427 | 558 | 1,072 | - | |
23 |
44 | 558 | 1,072 | - | |
24 |
1,383 | - | - | - | |
29/58 |
55,061 | 81,568 | 97,561 | 58,429 | |
40/41 |
10,815 | 14,817 | 46,024 | 22,351 | |
40 |
10,815 | 14,668 | 44,972 | 15,873 | |
41 |
0 | 149 | 1,052 | 6,478 | |
54/58 |
9,753 | 32,908 | 51,537 | 36,078 | |
490/1 |
34,493 | 33,842 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
56,487 | 82,126 | 98,633 | 58,429 | |
10/15 |
28,707 | 60,921 | 59,604 | 39,590 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
13 |
25,707 | 57,921 | 56,604 | - | |
133 |
25,707 | 57,921 | 56,604 | - | |
14 |
- | - | - | 36,590 | |
17/49 |
27,780 | 21,205 | 39,029 | 18,839 | |
42/48 |
27,780 | 21,205 | 39,029 | 18,839 | |
43 |
6,239 | 556 | - | - | |
430/8 |
6,239 | 556 | - | - | |
44 |
12,439 | 16,380 | 22,759 | 9,514 | |
440/4 |
12,439 | 16,380 | 22,759 | 9,514 | |
45 |
5,431 | 3,928 | 16,213 | 9,268 | |
450/3 |
187 | 566 | 16,213 | 9,268 | |
454/9 |
5,244 | 3,361 | - | - | |
47/48 |
3,671 | 342 | 57 | 57 | |
| Income statement | |||||
9900 |
133,463 | 161,492 | 168,662 | 176,100 | |
62 |
162,931 | 155,950 | 142,288 | 129,308 | |
630 |
546 | 514 | 470 | - | |
640/8 |
519 | 1,011 | 200 | 403 | |
9901 |
-30,534 | 4,017 | 25,704 | 46,390 | |
75/76B |
144 | 60 | 64 | 17 | |
75 |
144 | 60 | 64 | 17 | |
65/66B |
1,823 | 2,431 | 751 | 671 | |
65 |
1,823 | 2,431 | 751 | 671 | |
9903 |
-32,214 | 1,646 | 25,017 | 45,735 | |
67/77 |
0 | 329 | 5,003 | 9,145 | |
9904 |
-32,214 | 1,317 | 20,014 | 36,590 | |
9905 |
-32,214 | 1,317 | 20,014 | 36,590 | |
| Appropriation of the result | |||||
9906 |
-32,214 | 1,317 | 56,604 | 36,590 | |
14P |
- | 0 | 36,590 | - | |
791/2 |
32,214 | - | - | - | |
691/2 |
0 | 1,317 | 56,604 | - | |
6921 |
0 | 1,317 | 56,604 | - | |
| Social balance sheet | |||||
9087 |
2 | 2 | 2 | 1.5 | |
Hours worked1013 |
3,815 | 3,815 | 3,846 | 4,598 | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-09-2025.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -29,988 | 4,531 | 26,174 | - | ||
| -31,667 | 1,831 | 20,484 | - | ||
| 1,415 | 0 | 1,542 | - | ||
| -23,156 | -18,629 | 15,459 | - | ||
| 27,281 | 60,363 | 58,532 | 39,590 | ||
| 50.8% | 74.2% | 60.4% | 67.8% | ||
| 1.98 | 3.85 | 2.50 | 3.10 | ||
| 0.97 | 0.35 | 0.65 | 0.48 | ||
| -112.2% | 2.2% | 33.6% | 92.4% | ||
| -57.0% | 1.6% | 20.3% | 62.6% | ||
| -16.45 | 1.86 | 34.86 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 |
| part-time | 0 | 0 | - | - |
| in full-time equivalents | 2 | 2 | 2 | 2 |
| 2 | 2 | 2 | 1.5 | |
| On a permanent contract | 2 | 2 | 2 | 2 |
| Joined | - | - | - | 2 |
| Left | - | - | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,415 | - | €1,542 | - |
| €546 | €514 | €470 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €30,534, after a profit of €4,017 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 25.8% to 49.2%. Equity is lower and debt is higher.
NextFluent has no parent and no holdings in its annual accounts. DEBOIS Stefan is the only director. NextFluent shares no director with another company.
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Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
NextFluent was incorporated on 28 December 2020 as a private limited company by three natural persons, with a starting capital of €3,000.12 Since 2020, DEBOIS Stefan has served as director.3 Total assets went from €58,429 in 2022 to €56,487 in 2025 and headcount from 1.5 to 2 full-time equivalents.4
| Establishment | Since | Unit number |
|---|---|---|
| Lange Gasthuisstraat 29 registered office 2000 Antwerp | 28-12-2020 | 2.311.983.122 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11803C0969/00B000 | 2,666 m² | 1 · 483 m² | 18.0 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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