Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 708.6 to 615.4.
Financials
Financial year 2024
FLUVIUS from Hasselt, company number BE0201311226, closed financial year 2024 with a result of € 0 after tax. For that financial year FLUVIUS recorded revenue of € 102.1 million and equity of € 26,642. Compared with financial year 2023, the result moved from € 0 to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2025.
€ 26,642
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 448
▼ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2,248.
People and assets in 2024
615.4
▼ 49 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 101.6 million
▼ 5% vs 2023
€ 165,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 925,530
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 386 days on average.
€ 27.4 million
▲ 5% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 104,690,229 | € 104,623,345 | € 106,752,896 | € 102,061,287 | ▼ 4% |
| Equity | € 26,642 | € 26,642 | € 26,642 | € 26,642 | |
| Total debts | € 27,168,062 | € 28,719,345 | € 29,165,864 | € 30,270,409 | ▲ 4% |
| Cash | € 35,189 | € 71,126 | € 452 | € 448 | ▼ 1% |
| Land & buildings | € 235,499 | € 235,499 | € 235,499 | € 235,499 | |
| Retained profit | € 2,248 | € 2,248 | € 2,248 | € 2,248 | |
| Balance sheet total | € 27,194,704 | € 28,745,987 | € 29,192,505 | € 30,297,051 | ▲ 4% |
| Employees (FTE) | 757.4 | 708.6 | 664.4 | 615.4 | ▼ 49 |
Key figures of FLUVIUS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FLUVIUS?
What happened at FLUVIUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 0. Source: NBB ↗
- Patrick Vandijck became a director. NBB
- Ine Franssen became a director. NBB
- Wim Dries became a director. NBB
- Adinda Van Gerven became a director. NBB
- Jan Dalemans became a director. NBB
- Geert Cluckers became a director. NBB
- Lies Laridon became a director. NBB
In short
From € 0 profit in 2021 to € 0 profit in 2024.
Paid € 5.2 million in corporate taxes since 2021.
Management
Behind FLUVIUS are Patrick Vandijck, Wim Dries, Adinda Van Gerven, Ine Franssen, Jan Dalemans and Geert Cluckers. Patrick Vandijck is also behind DCO Piekfijn Hageland, Autonoom Gemeentebedrijf Kortenaken and VP-Consulting. Wim Dries is also behind Fluvius Limburg, D - Cube Resource, Vereniging van Vlaamse Steden en Gemeenten, Fluvius System Operator and T2. Adinda Van Gerven is also behind FLUVIUS Antwerpen and Fluvius System Operator. Ine Franssen is also behind INTERGEMEENTELIJKE ZWEMBADEN AQUADROOM- MAASEIK EN DE HAEG- DILSEN-STOKKEM, Fluvius System Operator, Autonoom Gemeentebedrijf Infrastructuur Maaseik and Autonoom Gemeentebedrijf Maaseik.
Directors
According to the 2024 annual accounts
Patrick Vandijck
Director
Also active at: DCO Piekfijn Hageland, Autonoom Gemeentebedrijf Kortenaken, VP-Consulting
since 2020
Wim Dries
Chairman of the board
Also active at: Fluvius Limburg, D - Cube Resource, Vereniging van Vlaamse Steden en Gemeenten, Fluvius System Operator, T2, THOR PARK, MO-THOR, AGB Genk +1 more
since 2019
since 2019
Ine Franssen
Director
Also active at: INTERGEMEENTELIJKE ZWEMBADEN AQUADROOM- MAASEIK EN DE HAEG- DILSEN-STOKKEM, Fluvius System Operator, Autonoom Gemeentebedrijf Infrastructuur Maaseik, Autonoom Gemeentebedrijf Maaseik
since 2020
since 2019
Geert Cluckers
Director
Also active at: Fluvius System Operator, Autonoom Gemeentebedrijf Cultuurcentrum Diest
since 2019
Lies Laridon
Director
Also active at: Fluvius West, FLUVIUS WEST, WOONMAATSCHAPPIJ IJZER EN ZEE, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, West-Vlaamse Politieschool, VLAAMSE ENERGIEHOLDING, 't WERKPAND, WEST-VLAAMSE DUURZAME LOGISTIEKE WERKVENNOOTSCHAP +3 more
since 2019
Establishments
Establishment units
Physical locations of this company
Trichterheideweg 8
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0201.311.226
- VAT number
- BE 0201.311.226
- Registered office
- Trichterheideweg 8, 3500 Hasselt
- Names & denominations
- FLUVIUS
- Enterprise type
- Rechtspersoon
- Legal form
- Opdrachthoudende vereniging (Vlaams Gewest)
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
Distributie van elektriciteit
Productie van elektriciteit
Distributie van gasvormige brandstoffen via leidingen
Productie van elektriciteit uit niet-hernieuwbare bronnen
Afvalwaterafvoer
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Draadloze telecommunicatie