Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
FLUVES from Gent, company number BE0563781222, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year FLUVES recorded a gross margin of € 123,753 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -483,440 to € -1.1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 1.6 million
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 133 % more loss than in 2024
Profit after tax over the fiscal year.
€ 476,243
▲ € 468,980 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2025
11.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 17% vs 2024
€ 89,200 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.
€ 33,862
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 294% vs 2024
€ 82,222 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 381,468
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,675
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 454,961 | € 696,358 | € 543,119 | € 123,753 | ▼ 77% |
| Profit after taxes | € -425,628 | € -190,444 | € -483,440 | € -1,124,870 | ▼ € 641,430 |
| Equity | € 2,121,558 | € 3,234,114 | € 2,750,674 | € 1,625,804 | ▼ 41% |
| Total debts | € 739,371 | € 892,695 | € 1,097,361 | € 2,438,015 | ▲ 122% |
| Cash | € 205,629 | € 302,721 | € 7,263 | € 476,243 | ▲ € 468,980 |
| Land & buildings | € 2,950 | € 1,313 | € 78 | € 33 | ▼ 57% |
| Retained profit | € -415,802 | € -606,246 | € -1,089,686 | € -2,214,556 | ▼ € 1.1 million |
| Bank debt | € 412,473 | € 291,982 | € 440,174 | € 1,732,222 | ▲ 294% |
| Balance sheet total | € 2,860,928 | € 4,126,809 | € 3,848,035 | € 4,063,819 | ▲ 6% |
| Employees (FTE) | 9.5 | 9.7 | 11.2 | 11.5 | ▲ 0.3 |
Key figures of FLUVES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FLUVES?
What happened at FLUVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xploor BV stepped down as director. NBB
- Lepton BV stepped down as director. NBB
- Korys Management NV stepped down as director. NBB
- Korys Business Services I NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.1 million. Source: NBB ↗
- Xploor BV became a director. NBB
- Lepton BV became a director. NBB
- Korys Management NV became a director. NBB
In short
From € 425,628 loss in 2022 to € 1.1 million loss in 2025.
Paid € 538 in corporate taxes since 2022.
On average € 10,800 of value added per employee in 2025.
Management
The stake of Virya Energy comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLUVESThe shares are held by KORYS INVESTMENTS (100%) and Virya Energy (100%). It owns 100% of Marlinks itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2028
since 2025 · until 2028
Director · represented by Frederik Bauwens
Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, SOFINDEV IV, URBANTZ, Pantarein Water, Sitemark +19 more
since 2025 · until 2028
Director · represented by Quentin Dupont
Also active at: Colruyt Group, Be-Life, D-DRINKS GROUP, Sitemark, Marlinks, Virya Energy, Healthy Holding, Eoly Energy +4 more
since 2025 · until 2028
Shareholders
100%
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Stropkaai 55
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
fluves.com
Registered
2014-09-20
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-20
Website info
Features
Security
Details
- Company number
- 0563.781.222
- VAT number
- BE 0563.781.222
- Registered office
- Stropkaai 55, 9000 Gent
- Names & denominations
- FLUVES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2014
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- fluves.com
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