Euro-Flow
ActiveSummary
The computed 12-month bankruptcy probability of Euro-Flow is 2.4% (moderate). The 2024 annual accounts show negative equity (€-17k) and a net result of €-60k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 19% of 15865 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-80
Solvency17▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.95 in 2023; short-term debt: 107.5% and cash: 3.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-7.5%
Return on assets
-25.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
75 d late
2022
31 d late
2021
60 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-17k
2023 · €43k
2020: €-59klowest in 5 years
2021: €-3k▲ +94.9% vs 2020
2022: €-48k▼ -1499% vs 2021
2023: €43k▲ +189% vs 2022highest in 5 years
2024: €-17k▼ -141% vs 2023
2020 → 2024
Total assets
€232k▼ 76.3%
2023 · €979k
2020: €44klowest in 5 years
2021: €185k▲ +324% vs 2020
2022: €203k▲ +9.6% vs 2021
2023: €979k▲ +382% vs 2022highest in 5 years
2024: €232k▼ -76.3% vs 2023
2020 → 2024
Net result
€-60k
2023 · €91k
2020: €-69klowest in 5 years
2021: €56k▲ +181% vs 2020
2022: €-45k▼ -180% vs 2021
2023: €91k▲ +302% vs 2022highest in 5 years
2024: €-60k▼ -166% vs 2023
2020 → 2024
Working capital
€-88k▼ 91.9%
2023 · €-46k
2020: €-78k
2021: €-28k▲ +63.9% vs 2020highest in 5 years
2022: €-74k▼ -166% vs 2021
2023: €-46k▲ +38.3% vs 2022
2024: €-88k▼ -91.9% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-59k-€-3k▲ 94.9%€-48k▼ 1,499%€43k€-17k
2020: €-59klowest in 5 years
2021: €-3k▲ +94.9% vs 2020
2022: €-48k▼ -1499% vs 2021
2023: €43k▲ +189% vs 2022highest in 5 years
2024: €-17k▼ -141% vs 2023
Operating result€-69k-€59k€-45k€121k€-59k
2020: €-69klowest in 5 years
2021: €59k▲ +186% vs 2020
2022: €-45k▼ -176% vs 2021
2023: €121k▲ +369% vs 2022highest in 5 years
2024: €-59k▼ -149% vs 2023
Net result€-69k-€56k€-45k€91k€-60k
2020: €-69klowest in 5 years
2021: €56k▲ +181% vs 2020
2022: €-45k▼ -180% vs 2021
2023: €91k▲ +302% vs 2022highest in 5 years
2024: €-60k▼ -166% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €59k after €121k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €232k
Fixed assets
€71k ▼ 20.8%
Current assets
€162k ▼ 81.8%
Key figures and ratios
EBITDA
€-40k▼
2023 · €130k
Cash flow
€-42k▼
2023 · €99k
Solvency
-7.5%▼
2023 · 4.4%
Current ratio
0.65▼
2023 · 0.95
Debt to equity
-14.32▼
2023 · 21.89
ROA
-25.9%▼
2023 · 9.3%
Interest coverage
-40.18▼
2023 · 156.86
Debt
€250k▼
2023 · €937k
Debt ≤ 1 year
€250k▼
2023 · €936k
Income taxes
€650▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€979k€232k▼
Formation expenses20€0€0=
Fixed assets21/28€89k€71k▼
Intangible fixed assets21€17k€14k▼
Tangible fixed assets22/27€72k€56k▼
Furniture and vehicles24€72k€56k▼
Current assets29/58€890k€162k▼
Amounts receivable within one year40/41€815k€153k▼
Trade receivables40€801k€153k▼
Other amounts receivable41€14k€809▼
Cash at bank and in hand54/58€73k€8k▼
Deferred charges and accrued income490/1€3k€250▼
Equity and liabilities
Total equity and liabilities10/49€979k€232k▼
Equity10/15€43k€-17k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€33k€-27k▼
Amounts payable17/49€937k€250k▼
Amounts payable within one year42/48€936k€250k▼
Financial debts43€22k€41k▲
Other loans439€22k€41k▲
Trade debts44€723k€40k▼
Suppliers440/4€723k€40k▼
Advances received on contracts in progress46-€129k
Taxes, remuneration and social security45€191k€40k▼
Taxes450/3€185k€40k▼
Remuneration and social security454/9€6k-
Accrued charges and deferred income492/3€515-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€19k▲
Other operating charges640/8€18k€6k▼
Gross operating margin9900€148k€-34k▼
Operating profit (loss)9901€121k€-59k▼
Financial income75/76B€40€1▼
Recurring financial income75€40€1▼
Financial charges65/66B€826€997▲
Recurring financial charges65€826€997▲
Profit (loss) for the period before taxes9903€120k€-60k▼
Income taxes67/77€29k€650▼
Profit (loss) for the period9904€91k€-60k▼
Profit (loss) for the period to be appropriated9905€91k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€-27k▼
Profit (loss) brought forward from the previous period14P€-58k€33k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €2k | €9k | €19k | ▲ 112% |
| Other operating charges640/8 | - | €4k | €4k | €18k | €6k | ▼ 67.4% |
| Gross operating margin9900 | €-60k | €66k | €-38k | €148k | €-34k | ▼ 123% |
| Operating profit (loss)9901 | €-69k | €59k | €-45k | €121k | €-59k | ▼ 149% |
| Financial income75/76B | - | €29 | €586 | €40 | €1 | ▼ 96.9% |
| Recurring financial income75 | €0 | €29 | €586 | €40 | €1 | ▼ 96.9% |
| Financial charges65/66B | - | €354 | €553 | €826 | €997 | ▲ 20.7% |
| Recurring financial charges65 | €457 | €354 | €553 | €826 | €997 | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €-69k | €59k | €-45k | €120k | €-60k | ▼ 150% |
| Income taxes67/77 | - | €3k | €5 | €29k | €650 | ▼ 97.8% |
| Profit (loss) for the period9904 | €-69k | €56k | €-45k | €91k | €-60k | ▼ 166% |
| Profit (loss) for the period to be appropriated9905 | €-69k | €56k | €-45k | €91k | €-60k | ▼ 166% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €185k | €203k | €979k | €232k | ▼ 76.3% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €18k | €25k | €27k | €89k | €71k | ▼ 20.8% |
| Intangible fixed assets21 | €18k | €16k | €19k | €17k | €14k | ▼ 14.8% |
| Tangible fixed assets22/27 | - | €1k | €915 | €72k | €56k | ▼ 22.1% |
| Furniture and vehicles24 | - | €1k | €915 | €72k | €56k | ▼ 22.1% |
| Financial fixed assets28 | - | €8k | €6k | - | - | - |
| Current assets29/58 | €25k | €160k | €176k | €890k | €162k | ▼ 81.8% |
| Amounts receivable within one year40/41 | €23k | €11k | €171k | €815k | €153k | ▼ 81.2% |
| Trade receivables40 | - | - | €158k | €801k | €153k | ▼ 81.0% |
| Other amounts receivable41 | - | €11k | €14k | €14k | €809 | ▼ 94.3% |
| Cash at bank and in hand54/58 | €3k | €5k | €5k | €73k | €8k | ▼ 88.9% |
| Deferred charges and accrued income490/1 | - | €145k | €399 | €3k | €250 | ▼ 90.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €185k | €203k | €979k | €232k | ▼ 76.3% |
| Equity10/15 | €-59k | €-3k | €-48k | €43k | €-17k | ▼ 141% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €-69k | €-13k | €-58k | €33k | €-27k | ▼ 184% |
| Amounts payable17/49 | €103k | €188k | €251k | €937k | €250k | ▼ 73.3% |
| Amounts payable within one year42/48 | €103k | €188k | €251k | €936k | €250k | ▼ 73.3% |
| Financial debts43 | - | €44k | €40k | €22k | €41k | ▲ 86.9% |
| Other loans439 | - | €44k | €40k | €22k | €41k | ▲ 86.9% |
| Trade debts44 | €99k | €122k | €140k | €723k | €40k | ▼ 94.4% |
| Suppliers440/4 | - | €122k | €140k | €723k | €40k | ▼ 94.4% |
| Advances received on contracts in progress46 | - | - | - | - | €129k | - |
| Taxes, remuneration and social security45 | - | €22k | €71k | €191k | €40k | ▼ 79.3% |
| Taxes450/3 | - | €19k | €66k | €185k | €40k | ▼ 78.6% |
| Remuneration and social security454/9 | - | €3k | €6k | €6k | - | - |
| Accrued charges and deferred income492/3 | - | €262 | €117 | €515 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-69k | €56k | €-45k | €91k | €-60k | ▼ 166% |
| + Depreciation and write-downs630 | €3k | €2k | €2k | €9k | €19k | ▲ 112% |
| Operating cash flow (approximation) | €-67k | €59k | €-43k | €99k | €-42k | ▼ 142% |
| Investment in fixed assets (approximation) | - | €-9k | €-4k | €-71k | €0 | ▲ 100% |
| Change in cash | - | €2k | €261 | €68k | €-65k | ▼ 195% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 75 days late
2023
31-12
Financial
Back to profitnet €91k
Net result €91k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2019
Ground area
554 m²
Building footprint
140 m²
Volume, LiDAR
869 m³
Parcel 11443B0085/00H002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Euro-Flow
since 20192.302.367.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443B0085/00H002 | Flanders | 554 m² | 1 · 140 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,503 companies in sector 46649 we hold annual accounts for 1,755. 723 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
64210Activities of holding companies
Contact
E-mail
info@euro-flow.com
Scores and ratios are computed by Checked and are not a credit decision.