FLIPTECH
ActiveFLIPTECH has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €-22k. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-90
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.19 against 8.3 in 2024; short-term debt: 25.1% and cash: 3.7% of total assets), and 25.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
74.9%
Return on assets
-7.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-04-2026, 66 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 · 6 filingsDeviation from the deadline
2025
66 d late
2024
120 d late
2023
8 d early
2022
6 d early
2021
24 d early
2020
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2024 · €0
2023: €0
2024: €0
2023 → 2025
Total assets
€315k▲ 17.6%
2024 · €268k
2020: €89k
2021: €114k
2022: €204k
2023: €342k
2024: €268k
2020 → 2025
Net result
€-22k
2024 · €153k
2020: €63k
2021: €36k
2022: €81k
2023: €126k
2024: €153k
2020 → 2025
Working capital
€-64k
2024 · €71k
2020: €66k
2021: €79k
2022: €164k
2023: €56k
2024: €71k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0€0€0
Equity€102k-€183k▲ 79.3%€109k▼ 40.7%€258k▲ 138%€236k▼ 8.6%
Operating result€45k-€103k▲ 128%€164k▲ 58.2%€194k▲ 18.8%€-22k
Net result€36k-€81k▲ 124%€126k▲ 55.2%€153k▲ 22.2%€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €194k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315k
Fixed assets
€299k▲ 60.0%
Current assets
€15k▼ 81.0%
Equity and liabilities €315k
Equity
€236k▼ 8.6%
Debt
€79k▲ 715%
The debt ratio rises from 3.6% to 25.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €205k
Cash flow
€-3k▼
2024 · €164k
Solvency
74.9%▼
2024 · 96.4%
Current ratio
0.19▼
2024 · 8.30
Quick ratio
0.19▼
2024 · 8.30
Debt / equity
0.34▲
2024 · 0.04
ROE
-9.4%▼
2024 · 59.5%
ROA
-7.1%▼
2024 · 57.3%
Interest coverage
-23.85▼
2024 · 3072.11
Debt
€79k▲
2024 · €10k
Debt ≤ 1 year
€79k▲
2024 · €10k
Income taxes
€156▼
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€268k€315k▲
Fixed assets21/28€187k€299k▲
Tangible fixed assets22/27€187k€299k▲
Land and buildings22€176k€291k▲
Furniture and vehicles24€11k€9k▼
Current assets29/58€80k€15k▼
Amounts receivable within one year40/41€34k€1k▼
Trade receivables40€23k€0▼
Other amounts receivable41€11k€1k▼
Cash at bank and in hand54/58€45k€12k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€268k€315k▲
Equity10/15€258k€236k▼
Contributions10/11€3k€3k=
Outside capital11€3k-
Other1109/19€3k-
Profit (loss) carried forward14€255k€233k▼
Amounts payable17/49€10k€79k▲
Amounts payable within one year42/48€10k€79k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€0€0=
Taxes450/3€0€0=
Remuneration and social security454/9€0€0=
Other amounts payable47/48€8k€74k▲
Income statement
Code20242025
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€20k▲
Other operating charges640/8€853€828▼
Non-recurring operating charges66A€113€121▲
Gross operating margin9900€206k€-1k▼
Operating profit (loss)9901€194k€-22k▼
Financial income75/76B€484-
Recurring financial income75€484-
Financial charges65/66B€67€102▲
Recurring financial charges65€67€102▲
Profit (loss) for the period before taxes9903€195k€-22k▼
Income taxes67/77€41k€156▼
Profit (loss) for the period9904€153k€-22k▼
Profit (loss) for the period to be appropriated9905€153k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€259k€233k▼
Profit (loss) brought forward from the previous period14P€106k€255k▲
Profit to be distributed694/7€4k-
Directors or managers695€4k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 66 days late
2025
30-06
Financial
Weakest financial yearnet €-22k ▼114%
Net result drops to €-22k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
30-06
Financial
Highest result since 2020net €153k ▲22.2%
Operating result €194k, net result €153k, both a record.
30-06
Financial
Liquidity times 7current ratio 8.30
Current ratio from 1.24 to 8.30; short-term debt falls from €233k to €10k.
30-06
Financial
Equity above €200kEq €258k ▲138%
5 profitable years in a row build equity to €258k.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €183k ▲79.3%
3 profitable years in a row build equity to €183k.
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 8.27
Current ratio from 3.87 to 8.27; short-term debt falls from €23k to €11k.
30-06
Financial
Equity above €100kEq €102k ▲54.9%
2 profitable years in a row build equity to €102k.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geel · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kollegestraat 132440 GeelGround area
1,263 m²
Building footprint
148 m²
Volume, LiDAR
1,269 m³
Parcel 13008H0591/00G002, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FLIPTECH
since 20192.289.823.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0591/00G002 | Flanders | 1,263 m² | 1 · 148 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 384 EUR awarded · 384 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 384 EUR | 384 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400556S5FKSPM6H61
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 14,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2019
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.