ACTIVE

FLUVES

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-1,1 M €
-132.7% YoY
Gross margin
123,8 k €
-77.2% YoY
Equity
1,6 M €
-40.9% YoY
Workforce
11,5 ETP
+2.7% YoY

What does FLUVES do?

FLUVES is a Public limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Gent. It employs on average 11,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0563.781.222
Incorporation
08/10/2014
Legal form
Public limited company
Registered office
Stropkaai 55
9000 Gent · FlandreSee on map
Contributed capital
3 840 359,79 €
Latest accounts
31/12/2025
Average workforce
11,5 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (3)
  • 200
  • 2000
  • 20000
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212019201820172016
Income statement
Gross margin123,8 k €543,1 k €696,4 k €455 k €–355 k €197 k €65,9 k €24,3 k €
EBITDA-903,2 k €-339,1 k €-77,8 k €-355,3 k €-19,3 k €56,6 k €31,1 k €28 k €23 k €
Operating result-1,1 M €-480,1 k €-185,6 k €-413,6 k €-45,5 k €33,4 k €10,6 k €8,8 k €-1,4 k €
Net result-1,1 M €-483,4 k €-190,4 k €-425,6 k €-49,6 k €31,1 k €8,3 k €4,7 k €-3,3 k €
Balance sheet
Equity1,6 M €2,8 M €3,2 M €2,1 M €180,5 k €211,5 k €180,4 k €172,1 k €16,7 k €
Total assets4,1 M €3,8 M €4,1 M €2,9 M €507 k €399,6 k €322,5 k €416,7 k €142,5 k €
Cash476,2 k €7,3 k €302,7 k €205,6 k €123,1 k €49,3 k €108,1 k €281,8 k €2,3 k €
Debts2,3 M €862,5 k €596,1 k €679,6 k €326,5 k €187,6 k €142 k €243,7 k €125,8 k €
Other
Workforce11,5 ETP11,2 ETP9,7 ETP9,5 ETP6,7 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 22 ended

Active mandates

KORYS BUSINESS SERVICES I NV

Director · since 02 décembre 2025 · until 19 mai 2028 · 0418.759.787

Represented by Quentin Dupont

Active
KORYS MANAGEMENT

Director · since 02 décembre 2025 · until 19 mai 2028 · 0885.971.571

Represented by Frederik Bauwens

Active
Lepton

Director · since 02 décembre 2025 · until 19 mai 2028 · 1030.124.261

Represented by Stefaan Sonck Thiebaut

Active
XPLOOR

Director · since 02 décembre 2025 · until 19 mai 2028 · 0661.960.563

Represented by Frederik Simoens

Active

Ended mandates

IZAR

Director · since 17 décembre 2024 · until 31 mai 2030 · 1010.531.746

Represented by Paul TUMMERS

Ended
JeWe B.V.

Director · since 15 mars 2024 · until 25 mai 2029

Represented by Jan-Willem RUINEMANS

Ended
JeWe BV

Director · since 15 mars 2024 · until 25 mai 2029

Represented by Jan-Willem RUINEMANS

Ended
Paul Tummers

Director · since 15 mars 2024 · until 25 mai 2029

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months15 months12 months12 months
Filing date25/06/202627/06/202525/06/202406/07/202311/04/202226/04/2021
General meeting29/05/202630/05/202531/05/202412/06/202325/03/202230/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202625/06/2026DutchPDF
Abridged model31/12/202430/05/202527/06/2025DutchPDF
Abridged model31/12/202331/05/202425/06/2024DutchPDF
Abridged model31/12/202212/06/202306/07/2023DutchPDF
Full model30/09/202125/03/202211/04/2022DutchPDF
Abridged model30/09/202030/03/202126/04/2021DutchPDF
Micro model30/09/201902/03/202002/04/2020DutchPDF
Micro model30/09/201801/03/201912/03/2019DutchPDF
Micro model30/09/201701/03/201802/03/2018DutchPDF
Abridged model30/09/201605/01/201723/01/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 22 ended

Active mandates

KORYS BUSINESS SERVICES I NV

Director · since 02 décembre 2025 · until 19 mai 2028 · 0418.759.787

Represented by Quentin Dupont

Active
KORYS MANAGEMENT

Director · since 02 décembre 2025 · until 19 mai 2028 · 0885.971.571

Represented by Frederik Bauwens

Active
Lepton

Director · since 02 décembre 2025 · until 19 mai 2028 · 1030.124.261

Represented by Stefaan Sonck Thiebaut

Active
XPLOOR

Director · since 02 décembre 2025 · until 19 mai 2028 · 0661.960.563

Represented by Frederik Simoens

Active

Ended mandates

IZAR

Director · since 17 décembre 2024 · until 31 mai 2030 · 1010.531.746

Represented by Paul TUMMERS

Ended
JeWe B.V.

Director · since 15 mars 2024 · until 25 mai 2029

Represented by Jan-Willem RUINEMANS

Ended
JeWe BV

Director · since 15 mars 2024 · until 25 mai 2029

Represented by Jan-Willem RUINEMANS

Ended
Paul Tummers

Director · since 15 mars 2024 · until 25 mai 2029

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring15/06/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/04/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares08/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates28/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,1 M €↓
  2. 2024
    Annual accounts 2024-483,4 k €↓
  3. 2023
    Annual accounts 2023-190,4 k €↑
  4. 2022
    Annual accounts 2022-425,6 k €↓
  5. 2021
    Annual accounts 2021-49,6 k €↓
  6. 2019
    Annual accounts 201931,1 k €↑
  7. 2018
    Annual accounts 20188,3 k €↑
  8. 2017
    Annual accounts 20174,7 k €↑
  9. 2016
    Annual accounts 2016-3,3 k €
  10. 08/10/2014
    IncorporationPublic limited company