Flake Technologies
ActiveSummary
Flake Technologies has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€6,649) and a net result of -€4,002. Equity is shrinking by ~171.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 3 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €398 | €434 | €387 | ▼ 10.8% |
| Gross operating margin9900 | -€3,143 | -€4,626 | -€3,287 | ▲ 28.9% |
| Operating profit (loss)9901 | -€3,541 | -€5,061 | -€3,675 | ▲ 27.4% |
| Financial income75/76B | - | €22 | €11 | ▼ 51.2% |
| Recurring financial income75 | - | €22 | €11 | ▼ 51.2% |
| Financial charges65/66B | €13 | €53 | €338 | ▲ 532% |
| Recurring financial charges65 | €13 | €53 | €338 | ▲ 532% |
| Profit (loss) for the period before taxes9903 | -€3,554 | -€5,092 | -€4,002 | ▲ 21.4% |
| Profit (loss) for the period9904 | -€3,554 | -€5,092 | -€4,002 | ▲ 21.4% |
| Profit (loss) for the period to be appropriated9905 | -€3,554 | -€5,092 | -€4,002 | ▲ 21.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5,566 | €2,617 | €7,815 | ▲ 199% |
| Current assets29/58 | €5,566 | €2,617 | €7,815 | ▲ 199% |
| Amounts receivable within one year40/41 | €2,464 | €2,598 | €5,950 | ▲ 129% |
| Trade receivables40 | €2,119 | €2,401 | €5,898 | ▲ 146% |
| Other amounts receivable41 | €345 | €198 | €52 | ▼ 73.8% |
| Cash at bank and in hand54/58 | €3,103 | €18 | €1,855 | ▲ 10,066% |
| Deferred charges and accrued income490/1 | - | - | €10 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5,566 | €2,617 | €7,815 | ▲ 199% |
| Equity10/15 | €2,446 | -€2,646 | -€6,649 | ▼ 151% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€3,554 | -€8,646 | -€12,649 | ▼ 46.3% |
| Amounts payable17/49 | €3,120 | €5,263 | €14,464 | ▲ 175% |
| Amounts payable within one year42/48 | €3,120 | €5,263 | €14,464 | ▲ 175% |
| Trade debts44 | €1,820 | €2,177 | €5,862 | ▲ 169% |
| Suppliers440/4 | €1,820 | €2,177 | €5,862 | ▲ 169% |
| Other amounts payable47/48 | €1,300 | €3,086 | €8,602 | ▲ 179% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,554 | -€5,092 | -€4,002 | ▲ 21.4% |
| Operating cash flow (approximation) | -€3,554 | -€5,092 | -€4,002 | ▲ 21.4% |
| Change in cash | - | -€3,084 | €1,837 | ▲ 160% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0720/00G002 | Flanders | 1,147 m² | 1 · 406 m² | 18.4 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.