Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
The micro format states no turnover.
Of this, €13,013 falls due within a year.
Latest accounts filed late: after the legal deadline.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
In July 2024, 1,555 companies had the same profile as Flake Technologies has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for Flake Technologies. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| Flake Technologies Antwerp | €6,058 | €174 | -119.7% | - |
| AppiLab Verlaine | €5,869 | -€7,474 | -208.3% | - |
| CHIRONE La Louvière | €6,077 | -€22,964 | -327.2% | - |
| SOLI DEO GLORIA Lommel | €5,309 | €670 | 19.8% | - |
| PEAKMADE Halle | €7,043 | -€7,265 | 100.0% | - |
| Dragon Management & Consultancy Bierbeek | €7,258 | -€37,456 | -886.5% | - |
| So-we-eat Company Boechout | €7,305 | -€15,165 | -785.8% | - |
These companies have the same main activity as Flake Technologies: computer programming (NACE 62100). They are comparable in size and age: total assets between €5,310 and €7,310, founded between 2021 and 2022.
Flake Technologies files the micro format. That format states no turnover. The gross margin rose from -€3,143 in 2022 to €174 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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