ACTIVE

Flux50

Financial year 2025 · closed on 31/12/2025
Net result
76,2 €
-99.9% YoY
Gross margin
1,3 M €
-1.7% YoY
Equity
491,4 k €
+0.0% YoY
Workforce
14,4 ETP
+8.3% YoY

What does Flux50 do?

Flux50 is a Non-profit organization incorporated in 2010. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Bruxelles. It employs on average 14,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0824.769.323
Incorporation
01/04/2010
Legal form
Non-profit organization
Registered office
Rue Royale 146
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
14,4 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin1,3 M €1,3 M €1,2 M €977,7 k €832,3 k €748,2 k €666,9 k €570,2 k €380,6 k €135,9 k €64,3 k €224,1 k €202 k €
EBITDA-6,6 k €80,2 k €41,5 k €8,8 k €48,6 k €38 k €22,2 k €-20,1 k €72,7 k €14,5 k €-47,4 k €85,2 k €17,4 k €
Operating result-11,6 k €75,7 k €7,5 k €750,3 €45 k €26 k €13,1 k €-21,4 k €67,4 k €15 k €-63,6 k €69,9 k €10,6 k €
Net result76,2 €84,3 k €6,1 k €63,7 €44,5 k €25,7 k €10,4 k €-21,2 k €63,7 k €128,2 k €-63,1 k €71,3 k €13,6 k €
Balance sheet
Equity491,4 k €491,3 k €407 k €401 k €400,9 k €356,4 k €330,7 k €320,3 k €341,6 k €277,9 k €149,7 k €212,7 k €141,4 k €
Total assets1,4 M €1,9 M €1,4 M €2,2 M €1,8 M €917,2 k €760,4 k €721,3 k €573,9 k €314,2 k €794 k €830,3 k €1,2 M €
Cash297,7 k €177 k €610,9 k €1,1 M €827,7 k €524,5 k €634,9 k €531,5 k €194,5 k €2 k €15,5 k €45,3 k €7,4 k €
Debts772,9 k €1,2 M €833 k €1,6 M €1,3 M €387,4 k €361,9 k €351,9 k €159,4 k €36,3 k €644,3 k €617,6 k €1,1 M €
Other
Workforce14,4 ETP13,3 ETP12,1 ETP10,8 ETP9,8 ETP8,0 ETP7,5 ETP6,7 ETP3,7 ETP1,8 ETP2,0 ETP2,0 ETP2,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 19 active · 78 ended

Active mandates

Baker McKenzie

Director · since 12 juin 2025 · until 12 juin 2029 · 0426.100.511

Represented by David Haverbeke

Active
BUILDWISE

Director · since 12 juin 2025 · until 12 juin 2029 · 0407.695.057

Represented by Jan Desmyter

Active
FLUVIUS

Director · since 12 juin 2025 · until 12 juin 2029 · 0201.311.226

Represented by Peter De Pauw

Active
Linnet

Director · since 12 juin 2025 · until 12 juin 2029 · 0717.881.855

Represented by Alexandra Vanhuyse

Active
PowerPulse

Director · since 12 juin 2025 · until 12 juin 2029 · 0552.862.584

Represented by Katrien Even

Active
Smappee

Director · since 12 juin 2025 · until 12 juin 2029 · 0849.366.642

Represented by Bart Vercoutere

Active
SNOWBALL

Director · since 16 juin 2022 · until 07 juin 2025 · 0406.800.974

Represented by Alexandra Van Huizen

Active
AERTSSEN GROUP

Director · since 07 juin 2021 · until 12 juin 2025 · 0423.833.976

Represented by Yannick Renier

Active
QUARES HOLDING

Director · since 07 juin 2021 · until 12 juin 2029 · 0881.077.526

Represented by Freddy Hoorens

Active
TURBULENT

Director · since 07 juin 2021 · until 12 juin 2025 · 0568.847.689

Represented by Walter Buydens

Active
ABB

Director · since 09 mai 2017 · until 07 juin 2029 · 0406.291.923

Represented by Jelle De Tandt

Active
BUILDWISE

Director · since 09 mai 2017 · until 07 juin 2025 · 0407.695.057

Represented by Jan Desmyter

Active
ELECTRABEL

Director · since 09 mai 2017 · until 12 juin 2029 · 0403.170.701

Represented by Femke Flachet

Active
MILVUS

Chairman of the board of directors · since 09 mai 2017 · until 12 juin 2029 · 0888.199.108

Represented by Jan Jaeken

Active
SWECO

Director · since 09 mai 2017 · until 12 juin 2029 · 0405.647.664

Represented by Tom Van den Noortgaete

Active
Th!nk E

Director · since 09 mai 2017 · until 12 juin 2029 · 0835.518.408

Represented by Leen Peeters

Active
Universiteit Gent

Director · since 09 mai 2017 · until 12 juin 2029 · 0248.015.142

Represented by Michel De Paepe

Active
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

Director · since 09 mai 2017 · until 12 juin 2029 · 0244.195.916

Represented by Bert Gysen

Active
Voka Chambre de Commerce et d'Industrie de Flandre

Director · since 09 mai 2017 · until 12 juin 2029 · 0413.673.821

Represented by Yannick Van den Broeck

Active

Ended mandates

AERTSSEN GROUP

Director · since 07 juin 2021 · until 07 juin 2025 · 0423.833.976

Represented by Yannick Renier

Ended
QUARES HOLDING

Director · since 07 juin 2021 · until 07 juin 2025 · 0881.077.526

Represented by Freddy Hoorens

Ended
TURBULENT

Director · since 07 juin 2021 · until 07 juin 2025 · 0568.847.689

Represented by Walter Buydens

Ended
FIELDFISHER (BELGIUM) LLP

Director · since 01 avril 2018 · until 09 juin 2021 · 0652.615.604

Represented by David Haverbeke

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202616/07/202502/07/202405/09/202314/07/202230/06/2021
General meeting17/06/202612/06/202530/05/202427/06/202316/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202622/06/2026DutchPDF
Abridged model31/12/202412/06/202516/07/2025DutchPDF
Abridged model31/12/202330/05/202402/07/2024DutchPDF
Abridged model31/12/202227/06/202305/09/2023DutchPDF
Abridged model31/12/202116/06/202214/07/2022DutchPDF
Abridged model31/12/202007/06/202130/06/2021DutchPDF
Abridged model31/12/201910/06/202030/06/2020DutchPDF
Abridged model31/12/201830/04/201903/05/2019DutchPDF
Abridged model31/12/201707/06/201813/08/2018DutchPDF
Abridged model31/12/201615/04/201731/08/2017DutchPDF
Abridged model31/12/201518/03/201608/06/2016DutchPDF
Abridged model31/12/201424/04/201520/05/2015DutchPDF
Abridged model31/12/201324/04/201410/06/2014DutchPDF
Abridged model31/12/201126/04/201203/07/2012DutchPDF
Abridged model31/12/201028/04/201108/06/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 19 active · 78 ended

Active mandates

Baker McKenzie

Director · since 12 juin 2025 · until 12 juin 2029 · 0426.100.511

Represented by David Haverbeke

Active
BUILDWISE

Director · since 12 juin 2025 · until 12 juin 2029 · 0407.695.057

Represented by Jan Desmyter

Active
FLUVIUS

Director · since 12 juin 2025 · until 12 juin 2029 · 0201.311.226

Represented by Peter De Pauw

Active
Linnet

Director · since 12 juin 2025 · until 12 juin 2029 · 0717.881.855

Represented by Alexandra Vanhuyse

Active
PowerPulse

Director · since 12 juin 2025 · until 12 juin 2029 · 0552.862.584

Represented by Katrien Even

Active
Smappee

Director · since 12 juin 2025 · until 12 juin 2029 · 0849.366.642

Represented by Bart Vercoutere

Active
SNOWBALL

Director · since 16 juin 2022 · until 07 juin 2025 · 0406.800.974

Represented by Alexandra Van Huizen

Active
AERTSSEN GROUP

Director · since 07 juin 2021 · until 12 juin 2025 · 0423.833.976

Represented by Yannick Renier

Active
QUARES HOLDING

Director · since 07 juin 2021 · until 12 juin 2029 · 0881.077.526

Represented by Freddy Hoorens

Active
TURBULENT

Director · since 07 juin 2021 · until 12 juin 2025 · 0568.847.689

Represented by Walter Buydens

Active
ABB

Director · since 09 mai 2017 · until 07 juin 2029 · 0406.291.923

Represented by Jelle De Tandt

Active
BUILDWISE

Director · since 09 mai 2017 · until 07 juin 2025 · 0407.695.057

Represented by Jan Desmyter

Active
ELECTRABEL

Director · since 09 mai 2017 · until 12 juin 2029 · 0403.170.701

Represented by Femke Flachet

Active
MILVUS

Chairman of the board of directors · since 09 mai 2017 · until 12 juin 2029 · 0888.199.108

Represented by Jan Jaeken

Active
SWECO

Director · since 09 mai 2017 · until 12 juin 2029 · 0405.647.664

Represented by Tom Van den Noortgaete

Active
Th!nk E

Director · since 09 mai 2017 · until 12 juin 2029 · 0835.518.408

Represented by Leen Peeters

Active
Universiteit Gent

Director · since 09 mai 2017 · until 12 juin 2029 · 0248.015.142

Represented by Michel De Paepe

Active
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

Director · since 09 mai 2017 · until 12 juin 2029 · 0244.195.916

Represented by Bert Gysen

Active
Voka Chambre de Commerce et d'Industrie de Flandre

Director · since 09 mai 2017 · until 12 juin 2029 · 0413.673.821

Represented by Yannick Van den Broeck

Active

Ended mandates

AERTSSEN GROUP

Director · since 07 juin 2021 · until 07 juin 2025 · 0423.833.976

Represented by Yannick Renier

Ended
QUARES HOLDING

Director · since 07 juin 2021 · until 07 juin 2025 · 0881.077.526

Represented by Freddy Hoorens

Ended
TURBULENT

Director · since 07 juin 2021 · until 07 juin 2025 · 0568.847.689

Represented by Walter Buydens

Ended
FIELDFISHER (BELGIUM) LLP

Director · since 01 avril 2018 · until 09 juin 2021 · 0652.615.604

Represented by David Haverbeke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/11/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/10/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2013
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2011
    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 202576,2 €
  2. 2024
    Annual accounts 202484,3 k €
  3. 2023
    Annual accounts 20236,1 k €
  4. 2022
    Annual accounts 202263,7 €
  5. 2021
    Annual accounts 202144,5 k €
  6. 2020
    Annual accounts 202025,7 k €
  7. 2019
    Annual accounts 201910,4 k €
  8. 2018
    Annual accounts 2018-21,2 k €
  9. 2017
    Annual accounts 201763,7 k €
  10. 2016
    Annual accounts 2016128,2 k €
  11. 2016
    Name changeFlux50
  12. 2015
    Annual accounts 2015-63,1 k €
  13. 2014
    Annual accounts 201471,3 k €
  14. 2013
    Annual accounts 201313,6 k €
  15. 2013
    Name changeSMART GRIDS FLANDERS
  16. 01/04/2010
    IncorporationNon-profit organization