EAGLEFLOW
ActiveSummary
EAGLEFLOW is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. For EAGLEFLOW, one annual filing is missing. The 2024 annual accounts show equity of €20,460 and a net result of €73,442. Equity has been shrinking by about 28% per year since 2018. Its solvency ranks better than 18% of 9,702 sector peers (NACE 64, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-12-2014 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.238.769.304 1740 Ternat, since 16-12-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2024
- Profit
- €73,442
- ▲ 28.7%
- Equity
- €20,460
- ▼ 73.6%
- Total assets
- €134,879
- ▲ 4.2%
- 2025 accounts not filed, 96 days past the deadline
Signalsraises riskWeak solvency compared with the sectorAnnual accounts not filed2024 accounts filed 152 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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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.
Signals
Three signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9702 sector peers (2024).
NBB · sector comparisonPosition among 9702 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 152 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
152 days late
2023
122 days late
2022
121 days late
2021
30 days late
2020
31 days late
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 75 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 30-12-2025 PDF all 10 filings
Equity
€20,460▼ 73.6%
2023 · €77,519
Net result
€73,442▲ 28.7%
2023 · €57,059
Total assets
€134,879▲ 4.2%
2023 · €129,382
Solvency
15.2%▼ 44.7pp
2023 · 59.9%
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€93,104
▲ 23.4%
2024
20182024
Net result
€73,442
▲ 28.7%
2024
middle half of the sector
20182024
Equity
€20,460
▼ 73.6%
2024
lowest quarter of the sector
20182024
Total assets
€134,879
▲ 4.2%
2024
middle half of the sector
20182024
Debt
€114,419
▲ 121%
2024
20182024
Working capital
-€983
2024
middle half of the sector
20182024
Solvency
15.2%
▼ 44.7pp
2024
lowest quarter of the sector
20182024
Current ratio
0.99
▼ 0.87
2024
middle half of the sector
20182024
Return on assets (ROA)
54.5%
▲ 10.3pp
2024
highest quarter of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€99,019-€74,684▼ 24.6%€98,843▲ 32.3%€64,143▼ 35.1%€96,579▲ 50.6%€75,424▼ 21.9%€93,104▲ 23.4%
Net result€79,551-€60,683▼ 23.7%€77,456above the sector's middle half▲ 27.6%€48,699within the sector's middle half▼ 37.1%€82,050above the sector's middle half▲ 68.5%€57,059within the sector's middle half▼ 30.5%€73,442within the sector's middle half▲ 28.7%
Equity€380,810-€180,810▼ 52.5%€180,810within the sector's middle half=€229,508within the sector's middle half▲ 26.9%€166,208within the sector's middle half▼ 27.6%€77,519within the sector's middle half▼ 53.4%€20,460below the sector's middle half▼ 73.6%
Total assets€394,037-€250,198▼ 36.5%€265,810within the sector's middle half▲ 6.2%€233,861within the sector's middle half▼ 12.0%€192,690within the sector's middle half▼ 17.6%€129,382within the sector's middle half▼ 32.9%€134,879within the sector's middle half▲ 4.2%
Debt€13,227-€69,388▲ 425%€85,000▲ 22.5%€4,353▼ 94.9%€26,482▲ 508%€51,863▲ 95.8%€114,419▲ 121%
Working capital€352,232-€155,687▼ 55.8%€155,716above the sector's middle half=€172,864above the sector's middle half▲ 11.0%€121,039within the sector's middle half▼ 30.0%€44,619within the sector's middle half▼ 63.1%-€983within the sector's middle half
Solvency96.6%-72.3%▼ 24.4pp68.0%within the sector's middle half▼ 4.2pp98.1%above the sector's middle half▲ 30.1pp86.3%above the sector's middle half▼ 11.9pp59.9%within the sector's middle half▼ 26.3pp15.2%below the sector's middle half▼ 44.7pp
Current ratio27.63-3.24▼ 24.392.83within the sector's middle half▼ 0.4140.71above the sector's middle half▲ 37.885.57above the sector's middle half▼ 35.141.86within the sector's middle half▼ 3.710.99within the sector's middle half▼ 0.87
Return on assets (ROA)20.2%-24.3%▲ 4.1pp29.1%above the sector's middle half▲ 4.9pp20.8%within the sector's middle half▼ 8.3pp42.6%above the sector's middle half▲ 21.8pp44.1%above the sector's middle half▲ 1.5pp54.5%above the sector's middle half▲ 10.3pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 23% higher than in 2023. It is a recovery after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €134,879
Fixed assets
€21,443 ▼ 34.8%
Current assets
€113,436 ▲ 17.6%
Equity and liabilities €134,879
Equity
€20,460 ▼ 73.6%
Debt
€114,419 ▲ 121%
Debt's share of the balance-sheet total rises from 40.1% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
ROE
359.0%▲
2023 · 73.6%
Debt ≤ 1 year
€114,419▲
2023 · €51,863
Income taxes
€19,696▲
2023 · €17,952
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €46,750 | €1,543 | €1,181 | €2,410 |
| Depreciation and write-downs of the year | €15,201 | €13,018 | €13,450 | €13,867 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €2,567 awarded · €2,567 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,958 | €458 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,020 | €8,337 | €8,937 | €15,201 | €13,018 | €13,450 | €13,867 | ▲ 3.1% |
| Other operating charges640/8 | - | - | - | €887 | €947 | €465 | €618 | ▲ 32.9% |
| Gross operating margin9900 | €113,646 | €84,115 | €111,569 | €80,231 | €110,544 | €89,339 | €107,589 | ▲ 20.4% |
| Operating profit (loss)9901 | €99,019 | €74,684 | €98,843 | €64,143 | €96,579 | €75,424 | €93,104 | ▲ 23.4% |
| Financial income75/76B | - | - | - | €147 | €7,035 | - | €197 | - |
| Recurring financial income75 | €2,839 | €1,581 | €300 | €147 | €7,035 | - | €197 | - |
| Financial charges65/66B | - | - | - | €59 | €54 | €413 | €163 | ▼ 60.5% |
| Recurring financial charges65 | €591 | €191 | €119 | €59 | €54 | €413 | €163 | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €101,267 | €76,074 | €99,024 | €64,231 | €103,560 | €75,011 | €93,138 | ▲ 24.2% |
| Income taxes67/77 | €21,716 | €15,391 | €21,568 | €15,532 | €21,510 | €17,952 | €19,696 | ▲ 9.7% |
| Profit (loss) for the period9904 | €79,551 | €60,683 | €77,456 | €48,699 | €82,050 | €57,059 | €73,442 | ▲ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €79,551 | €60,683 | €77,456 | €48,699 | €82,050 | €57,059 | €73,442 | ▲ 28.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €394,037 | €250,198 | €265,810 | €233,861 | €192,690 | €129,382 | €134,879 | ▲ 4.2% |
| Fixed assets21/28 | €28,578 | €25,123 | €25,094 | €56,644 | €45,169 | €32,900 | €21,443 | ▼ 34.8% |
| Tangible fixed assets22/27 | €28,578 | €25,123 | €25,094 | €56,644 | €45,169 | €32,900 | €21,443 | ▼ 34.8% |
| Furniture and vehicles24 | - | - | - | €41,447 | €32,970 | €23,698 | €15,247 | ▼ 35.7% |
| Other tangible fixed assets26 | - | - | - | €15,197 | €12,199 | €9,202 | €6,196 | ▼ 32.7% |
| Current assets29/58 | €365,459 | €225,075 | €240,716 | €177,217 | €147,521 | €96,482 | €113,436 | ▲ 17.6% |
| Amounts receivable within one year40/41 | €66,394 | €46,430 | €52,954 | €28,602 | €38,035 | €41,022 | €26,355 | ▼ 35.8% |
| Trade receivables40 | - | - | - | €13,950 | €31,341 | €38,149 | €21,150 | ▼ 44.6% |
| Other amounts receivable41 | - | - | - | €14,652 | €6,694 | €2,873 | €5,205 | ▲ 81.2% |
| Current investments50/53 | €29,000 | €79,000 | €124,000 | €124,000 | €16,034 | €16,034 | €36,534 | ▲ 128% |
| Cash at bank and in hand54/58 | €162,008 | €95,015 | €59,402 | €24,337 | €93,141 | €38,527 | €49,610 | ▲ 28.8% |
| Deferred charges and accrued income490/1 | - | - | - | €278 | €311 | €899 | €937 | ▲ 4.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €394,037 | €250,198 | €265,810 | €233,861 | €192,690 | €129,382 | €134,879 | ▲ 4.2% |
| Equity10/15 | €380,810 | €180,810 | €180,810 | €229,508 | €166,208 | €77,519 | €20,460 | ▼ 73.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €362,210 | €162,210 | €162,210 | €210,908 | €147,608 | €58,919 | €1,860 | ▼ 96.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €209,048 | €145,748 | €57,059 | - | - |
| Amounts payable17/49 | €13,227 | €69,388 | €85,000 | €4,353 | €26,482 | €51,863 | €114,419 | ▲ 121% |
| Amounts payable within one year42/48 | €13,227 | €69,388 | €85,000 | €4,353 | €26,482 | €51,863 | €114,419 | ▲ 121% |
| Trade debts44 | €3,890 | €5,641 | €3,884 | €769 | €2,549 | €15,252 | €3,134 | ▼ 79.5% |
| Suppliers440/4 | - | - | - | €769 | €2,549 | €15,252 | €3,134 | ▼ 79.5% |
| Taxes, remuneration and social security45 | - | - | - | €3,584 | €16,397 | €14,614 | €32,738 | ▲ 124% |
| Taxes450/3 | - | - | - | €1,013 | €12,683 | €8,851 | €28,727 | ▲ 225% |
| Remuneration and social security454/9 | - | - | - | €2,571 | €3,714 | €5,763 | €4,011 | ▼ 30.4% |
| Other amounts payable47/48 | - | - | - | - | €7,536 | €21,997 | €78,547 | ▲ 257% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,551 | €60,683 | €77,456 | €48,699 | €82,050 | €57,059 | €73,442 | ▲ 28.7% |
| + Depreciation and write-downs630 | €10,020 | €8,337 | €8,937 | €15,201 | €13,018 | €13,450 | €13,867 | ▲ 3.1% |
| Operating cash flow (approximation) | €89,571 | €69,020 | €86,393 | €63,900 | €95,068 | €70,509 | €87,309 | ▲ 23.8% |
| Investment in fixed assets (approximation) | - | -€4,882 | -€8,908 | -€46,751 | -€1,543 | -€1,181 | -€2,410 | ▼ 104% |
| Change in cash | - | -€66,993 | -€35,613 | -€35,065 | €68,804 | -€54,614 | €11,083 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-12-2025 | 2026-00003687 | |
| 31-12-2023 | micro format | 30-11-2024 | 2024-00607369 | |
| 31-12-2022 | micro format | 29-11-2023 | 2023-00522415 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20383016 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62600427 | |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34300039 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-50700214 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56800274 | |
| 31-12-2016 | abbreviated format | 24-08-2017 | 2017-47600364 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52400454 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Joachim Allaerts
Current
Director (not named in the articles) · appointed in the act of 31-05-2024 · earlier manager (not named in the articles), until 31-05-2024 · term without a fixed end · listed in the 2024 annual accounts, filed on 30-12-2025
Owners and capital
Capital transactions
Capital over time
- 31-05-2024 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Joachim Allaerts |
|
Network & group
EAGLEFLOW shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of EAGLEFLOW. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
30-12
micro format · 152 days late
2024
30-11
micro format · 122 days late
31-05
Gazette deed
Registered office moved to TernatNew seat: 1740 Ternat, Statiestraat 59 · Change of role: Joachim Allaerts, from manager to director · Incorporation11 points ▸
Gazette deed
Registered office moved to Ternat
New seat: 1740 Ternat, Statiestraat 59 · Change of role: Joachim Allaerts, from manager to director · Incorporation11 points ▸
- General meeting, “Alle aandeelhouders aanwezig, buitengewone algemene vergadering” (deed in Dutch)
- Incorporation, 16-12-2014
- Other provision, “statutenwijzigingen sinds oprichting” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekeningen, overboeking naar beschikbare eigen vermogensrekening” (deed in Dutch)
- Registered-office move, 1740 Ternat, Statiestraat 59
- Director resignation, Joachim Allaerts (manager (not named in the articles))
- Director discharge, Joachim Allaerts (manager (not named in the articles))
- Director appointment, Joachim Allaerts (director (not named in the articles))
- Other provision, “verklaring geen wettelijke beperkende maatregel” (deed in Dutch)
- Capital conversion, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
2023
29-11
micro format · 121 days late
2022
31-12
Financial
Highest result from 2018 to 2024net €82,050 ▲68.5%
The net result of €82,050 is the highest of those years.
30-08
micro format · 30 days late
2021
31-12
Financial
Weakest financial yearnet €48,699 ▼37.1%
The net result drops to €48,699, the lowest from 2018 to 2024. It recovers the following year.
31-12
Financial
Liquidity more than 14 timescurrent ratio 40.71
The current ratio rises from 2.83 to 40.71. Short-term debt falls from €85,000 to €4,353.
31-12
Financial
Equity above €200,000equity €229,508 ▲26.9%
With a profit in every financial year since 2018, equity grows to €229,508.
31-08
micro format · 31 days late
2020
27-07
micro format · 4 days before the deadline
2019
26-08
micro format · 26 days late
Show earlier events
2018
30-08
micro format · 30 days late
2017
24-08
abbreviated format · 24 days late
2016
29-08
abbreviated format · 29 days late
2015
06-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
EAGLEFLOW in Dutch
Enterprise number
0507.680.776
LEI code
967600G6DW3RVGRI9W79
live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
16-12-2014
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-05-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Bestuursorgaan kan overal bijkantoren en centra oprichten in België en buitenland, bestuursorgaan zorgt voor bekendmaking in Bijlagen…”
deed of 31-05-2024 (in Dutch)Registered office and establishments
Registered office
Statiestraat 59, 1740 Ternat, Belgium
Establishment unit
EAGLEFLOW, Statiestraat 59, 1740 Ternat since 16-12-2014 · unit number 2.238.769.30447120 Other non-specialised retail sale
Activities
NACEBEL 202564210
Activities of holding companies main activity
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 31-05-2024 (in Dutch)
“De vennootschap heeft tot voorwerp het verstrekken van goederen, diensten en advies aan ondernemingen nationaal en internationaal met…”
11 activities
- De vennootschap heeft tot voorwerp het verstrekken van goederen, diensten en advies aan ondernemingen nationaal en internationaal met betrekking tot algemene bedrijfsvoering in het algemeen en in het bijzonder: project management, statistische data analyse, aankooppolitiek, financiële analyse, informatie technologie, software implementaties, kosten besparingen, proces verbeteringen, herstructureringen en reorganisaties.
- De vennootschap levert desgevallend ook diensten als interim management, training en coaching en de organisatie van team building evenementen en/of vergaderingen.
- Daarnaast zal de onderneming voor nationale en internationale klanten acteren als handelsagent en vertegenwoordiger voor het nationaal en internationaal op de markt brengen van zijn producten en/of diensten.
- De onderneming treedt desgevallend voor een aantal klanten op als makelaar voor goederen en diensten met uitzondering van vastgoed en financiële producten.
- Een bijzondere aandacht gaat uit naar de het creëren en onderhouden van websites als ook het creëren en voeren van marketing campagnes en beheren van advertentie activiteiten.
- Indien van toepassing zullen software en hardware applicaties worden ontwikkeld en verkocht.
- De vennootschap heeft eveneens tot doel actief te zijn in de aan- en verkoop via het internet.
- Via het internet zullen onder meer (maar niet uitsluitend) IT producten, textiel, luchtvaart apparatuur en accessoires voor piloten worden verhandeld.
- De handel is zowel nationaal als internationaal met gevolg dat de onderneming aan import en export zal doen.
- Zij zal dit voorwerp kunnen verwezenlijken voor eigen rekening en voor rekening van derden, op de wijze die haar het meest geschikt lijkt.
- Om dit doel te bereiken zal zij alle industriële, commerciële, financiële, roerende en onroerende handelingen mogen stellen, onder meer kopen, verkopen, huren, verhuren, bouwen of ruilen van alle onroerende en roerende goederen, toetreden tot vennootschappen met een voorwerp gelijk of gelijkaardig aan het hare, samensmelten met dergelijke vennootschappen, in één woord, alles doen wat van aard is om haar voorwerp te bereiken of de verwezenlijking ervan te bevorderen of te vergemakkelijken.
Invoicing and payment
VAT number
BE 0507.680.776
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of May at 20:00
deed of 31-05-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
690 m²
Building footprint
116 m²
Building volume
757 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23086A0318/00V000 | Flanders | 690 m² | 1 · 116 m² | 11.8 m · 3 |