EVENFLOW
ActiveSummary
EVENFLOW has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €329k and a net result of €172k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▼-9
Solvency38▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.54 in 2023; short-term debt: 76.6% and cash: 19.4% of total assets), and 87.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4604 sector peers (2024).
NBB · sector comparisonPosition among 4604 sector peers
Solvency
better than 18%
← weakest
strongest →
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
71 d early
2022
31 d late
2021
31 d late
2020
117 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is this a good employer? Staff, turnover and training against the sector.Employer check
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€172k▼ 2.5%
2023 · €176k
Working capital
€572k▲ 29.2%
2023 · €442k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€20k▲ 6.2%€103k▲ 413%€-177k€184k€230k▲ 25.1%
Net result€15k▼ 10.9%€79k▲ 444%€-181k€176k€172k▼ 2.5%
Equity€71k▲ 25.9%€150k▲ 112%€-31k€157k€329k▲ 109%
Total assets€330k▼ 36.5%€426k▲ 29.0%€716k▲ 68.0%€1.28M▲ 78.6%€2.60M▲ 103%
Debt€260k▼ 44.0%€276k▲ 6.4%€747k▲ 171%€1.12M▲ 50.1%€2.27M▲ 102%
Working capital€222k▼ 45.4%€241k▲ 8.7%€194k▼ 19.5%€442k▲ 128%€572k▲ 29.2%
Staff (FTE)3.8▲ 35.7%4.1▲ 7.9%6.4▲ 56.1%5.9▼ 7.8%7.9▲ 33.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.60M
Fixed assets
€37k ▲ 69.4%
Current assets
€2.56M ▲ 104%
Equity and liabilities €2.60M
Equity
€329k ▲ 109%
Debt
€2.27M ▲ 102%
Debt's share of the balance-sheet total falls from 87.7% to 87.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€238k▲
2023 · €191k
Cash flow
€180k▼
2023 · €183k
Current ratio
1.29▼
2023 · 1.54
Debt to equity
6.91▼
2023 · 7.15
ROE
52.2%▼
2023 · 112.2%
ROA
6.6%▼
2023 · 13.8%
Interest coverage
136.14▲
2023 · 38.73
Debt ≤ 1 year
€1.99M▲
2023 · €814k
Income taxes
€61k▲
2023 · €3k
Staff costs
€636k▲
2023 · €498k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €243k | €505k | €498k | €636k | ▲ 27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €5k | €5k | €7k | €8k | ▲ 17.3% |
| Other operating charges640/8 | - | €1k | €3k | €385 | €387 | ▲ 0.6% |
| Non-recurring operating charges66A | - | - | - | - | €824 | - |
| Gross operating margin9900 | €288k | €353k | €337k | €689k | €876k | ▲ 27.2% |
| Operating profit (loss)9901 | €20k | €103k | €-177k | €184k | €230k | ▲ 25.1% |
| Financial income75/76B | - | - | €153 | €520 | €4k | ▲ 755% |
| Recurring financial income75 | - | - | €153 | €520 | €4k | ▲ 755% |
| Financial charges65/66B | - | €279 | €4k | €5k | €2k | ▼ 64.5% |
| Recurring financial charges65 | €147 | €279 | €4k | €5k | €2k | ▼ 64.5% |
| Profit (loss) for the period before taxes9903 | €20k | €103k | €-181k | €180k | €233k | ▲ 29.7% |
| Income taxes67/77 | €5k | €24k | - | €3k | €61k | ▲ 1,671% |
| Profit (loss) for the period9904 | €15k | €79k | €-181k | €176k | €172k | ▼ 2.5% |
| Profit (loss) for the period to be appropriated9905 | €15k | €79k | €-181k | €176k | €172k | ▼ 2.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €330k | €426k | €716k | €1.28M | €2.60M | ▲ 103% |
| Fixed assets21/28 | €21k | €16k | €19k | €22k | €37k | ▲ 69.4% |
| Tangible fixed assets22/27 | €19k | €14k | €16k | €19k | €35k | ▲ 78.3% |
| Furniture and vehicles24 | - | €4k | €8k | €12k | €13k | ▲ 4.4% |
| Other tangible fixed assets26 | - | €10k | €9k | €7k | €22k | ▲ 207% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | ▼ 8.7% |
| Current assets29/58 | €309k | €410k | €697k | €1.26M | €2.56M | ▲ 104% |
| Amounts receivable within one year40/41 | €53k | €381k | €427k | €893k | €1.29M | ▲ 44.8% |
| Trade receivables40 | - | €357k | €419k | €893k | €1.29M | ▲ 44.8% |
| Other amounts receivable41 | - | €23k | €7k | - | - | - |
| Cash at bank and in hand54/58 | €255k | €29k | €259k | €357k | €504k | ▲ 41.0% |
| Deferred charges and accrued income490/1 | - | €527 | €11k | €6k | €765k | ▲ 12,234% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €330k | €426k | €716k | €1.28M | €2.60M | ▲ 103% |
| Equity10/15 | €71k | €150k | €-31k | €157k | €329k | ▲ 109% |
| Contributions10/11 | - | €6k | €6k | €19k | €19k | ▲ 3.6% |
| Reserves13 | €47k | €47k | €47k | €138k | €138k | ▼ 0.5% |
| Non-distributable reserves130/1 | - | €669 | €669 | €669 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €669 | €669 | €669 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | €27k | €27k | €119k | €119k | = |
| Profit (loss) carried forward14 | €18k | €97k | €-84k | - | €172k | - |
| Amounts payable17/49 | €260k | €276k | €747k | €1.12M | €2.27M | ▲ 102% |
| Amounts payable within one year42/48 | €87k | €169k | €503k | €814k | €1.99M | ▲ 144% |
| Trade debts44 | €6k | €25k | €238k | €325k | €523k | ▲ 60.9% |
| Suppliers440/4 | - | €25k | €238k | €325k | €523k | ▲ 60.9% |
| Advances received on contracts in progress46 | - | - | - | €163k | €1.17M | ▲ 618% |
| Taxes, remuneration and social security45 | - | €101k | €174k | €149k | €264k | ▲ 76.6% |
| Taxes450/3 | - | €47k | €49k | €44k | €102k | ▲ 132% |
| Remuneration and social security454/9 | - | €54k | €125k | €105k | €162k | ▲ 53.8% |
| Other amounts payable47/48 | - | €43k | €91k | €177k | €33k | ▼ 81.2% |
| Accrued charges and deferred income492/3 | - | €107k | €244k | €307k | €280k | ▼ 8.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €79k | €-181k | €176k | €172k | ▼ 2.5% |
| + Depreciation and write-downs630 | €9k | €5k | €5k | €7k | €8k | ▲ 17.3% |
| Operating cash flow (approximation) | €24k | €84k | €-176k | €183k | €180k | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | €0 | €-8k | €-10k | €-23k | ▼ 132% |
| Change in cash | - | €-226k | €230k | €99k | €146k | ▲ 48.6% |
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 · full schema · 70 days late
2024
31-12
Financial
Equity above €200kEq €329k ▲109%
2 profitable years in a row build equity to €329k.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €176k
Net result €176k after one loss-making year.
31-12
Financial
Equity above €150kEq €157k
Equity rises from €-31k to €157k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-181k
Net result drops to €-181k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €150k ▲112%
3 profitable years in a row build equity to €150k.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 5.78
Current ratio from 2.36 to 5.78.
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2015
Ground area
1,091 m²
Building footprint
1,798 m²
Volume, LiDAR
44,337 m³
2 parcels, Brussels · tallest building 42.2 m, ±11 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
EVENFLOW
since 20152.238.862.245
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0158/00E000 | Brussels | 771 m² | 1 · 1,611 m² | 42.2 m · 11 fl. |
| 21673D0160/00M010 | Brussels | 321 m² | 1 · 187 m² | 15.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2021 to 2025 · 19 entries · 2,029,458 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 176,680 EUR |
| 2024 | 1 | 97,527 EUR |
| 2023 | 6 | 1,164,348 EUR |
| 2022 | 7 | 590,903 EUR |
| 2021 | 4 | 0 EUR |
Projects
4GROWTH - DIGITAL AGRICULTURE AND FORESTRY: UNDERSTANDING THE MARKET TO FORECAST AND SUPPORT FUTURE GROWTH
EUROGEOSEC - ESTABLISHING THE EUROGEO SECRETARIAT TO SUPPORT THE EUROGEO INITIATIVE
GOLDENRAM - GOLDENRAM - EO PLATFORM SUPPORTING CRITICAL RAW MATERIALS INDUSTRY IN EUROPE
EVOLAND - EVOLUTION OF THE COPERNICUS LAND SERVICE PORTFOLIO
INTEGRATING NOVEL EO DATA AND LATEST MACHINE LEARNING ALGORITHMS TO CONTINUOUSLY MONITOR THE STATUS, DYNAMICS AND BIOMASS OF THE LAND SURFACE
CRACKSENSE - HIGH THROUGHPUT REAL-TIME MONITORING AND PREDICTION OF FRUIT
CRACKING BY UTILISING AND UPSCALING SENSING AND DIGITAL DATA TECHNOLOGIES
Show 8 more projects
AI RECONNAISSANCE FOR GEO-BASED OPERATIONAL SYSTEMS
INTSEN2 - PROACTIVE AUTOMATIC IMAGERY INTELLIGENCE POWERED BY ARTIFICIAL INTELLIGENCE EXPLOITING EUROPEAN SPACE ASSETS.
PCP WISE - THE CUSTOMISATION/PRE-OPERATIONALISATION OF WATER MANAGEMENT INNOVATIONS FROM SPACE FOR EUROPEAN CLIMATE RESILIENCE
SUPPORT FOR UPTAKE OF EU SPACE SERVICES
SEMI-CONDUCTORS IN THE DEFENCE AND SPACE SECTORS
UNION OF EQUALITY: EU DEFENCE, AERONAUTICS AND SPACE SECTORS
PILOT PROJECT RELATED TO THE USE OF GALILEO AND EGNOS TO LOWER CARDIAC ARREST-RELATED DEATH
SUPPORT TO STANDARDISATION ACTIONS FOR EGNOS AND GALILEO IN THE U-SPACE
European research
16 projects · 3,984,097 EUR EU contributionProgrammes
Horizon Europe
Horizon 2020
Projects
Digital Agriculture and Forestry: Understanding the Market to Forecast and Support Future Growth
EuroGEO Showcases: Applications Powered by Europe
PROTEUS: The Copernicus Agent for Next-Generation Environmental Intelligence
Establishing the EuroGEO Secretariat to support the EuroGEO initiative
FOSTERING PRECISION AGRICULTURE AND LIVESTOCK FARMING THROUGH SECURE ACCESS TO LARGE-SCALE HPC-ENABLED VIRTUAL INDUSTRIAL EXPERIMENTATION ENVIRONMENT EMPOWERING SCALABLE BIG DATA ANALYTICS
Show 11 more projects
Promoting the internAtional competitiveness of European Remote Sensing companies through Cross-cluster collaboration
An industry-led Forum for Innovation and Research in European Earth Observation
GOLDENRAM - EO PLATFORM SUPPORTING CRITICAL RAW MATERIALS INDUSTRY IN EUROPE
EVOLUTION OF THE COPERNICUS LAND SERVICE PORTFOLIO INTEGRATING NOVEL EO DATA AND LATEST MACHINE LEARNING ALGORITHMS TO CONTINUOUSLY MONITOR THE STATUS, DYNAMICS AND BIOMASS OF THE LAND SURFACE
Copernicus Foundation Models for a Thinking Earth
High throughput real-time monitoring and prediction of fruit cracking by utilising and upscaling sensing and digital data technologies
Advisory platform for small farms based on earth observation
Research, Intelligence and Technology for Heritage and Market Security
THE CUSTOMISATION/PRE-OPERATIONALISATION OF WATER MANAGEMENT INNOVATIONS FROM SPACE FOR EUROPEAN CLIMATE RESILIENCE
Earth Observation based services for Monitoring and Reporting of Ecological Status
Copernicus Academy Hub for Knowledge, Innovation and Outreach
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 37,598 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
Founded20-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Website
evenflow.eu/
E-mail
ops@evenflow.euSint-Lambrechts-Woluwe
Scores and ratios are computed by Checked and are not a credit decision.