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FLOW

Active
Private limited companyfounded 200124 yrs activeSchoonboeke 10, 9600 Ronse, BelgiumKBO/BCE: BE 0476.093.915

FLOW is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.14M and a net result of €-1.39M. Equity is shrinking by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 5394 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
11 d early
2023
19 d early
2022
40 d early
2021
39 d early
2020
66 d early
2019
8 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 months
Position in the running window
30-06-2026 close05-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€4.14M▼ 25.8%
2024 · €5.58M
2022: €11.87M 2023: €7.13M 2024: €5.58M
2022 → 2025
Net result
€-1.39M
2024 · €36k
2022: €327k 2023: €3.62M 2024: €36k
2022 → 2025
Total assets
€4.71M▼ 24.8%
2024 · €6.26M
2022: €14.00M 2023: €7.90M 2024: €6.26M
2022 → 2025
Solvency
87.9%▼ 1.2pp
2024 · 89.1%
2022: 84.7% 2023: 90.2% 2024: 89.1%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Turnover€667k-€601k▼ 9.9%
Equity€11.87M-€7.13M▼ 39.9%€5.58M▼ 21.8%€4.14M▼ 25.8%
Operating result€101k-€94k▼ 7.7%€21k▼ 77.7%€90k▲ 333%
Net result€327k-€3.62M▲ 1,009%€36k▼ 99.0%€-1.39M
Result per fiscal year
Operating resultNet result
€-2.00M€0€2.00M€4.00MOperating result 2022: €101k€101kNet result 2022: €327k€327kOperating result 2023: €94k€94kNet result 2023: €3.62M€3.62MOperating result 2024: €21k€21kNet result 2024: €36k€36kOperating result 2025: €90k€90kNet result 2025: €-1.39M€-1.39M2022202320242025
The operating result recovers in 2025; 2025 is 333% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.71M
Fixed assets €4.45M▼ 26.2%
Current assets €257k▲ 15.1%
Equity and liabilities €4.71M
Equity €4.14M▼ 25.8%
Debt €569k▼ 16.3%
The debt ratio rises from 10.9% to 12.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
Solvency
87.9%
2024 · 89.1%
ROE
-33.6%
2024 · 0.6%
ROA
-29.5%
2024 · 0.6%
Debt
€569k
2024 · €680k
Debt ≤ 1 year
€384k
2024 · €366k
Debt > 1 year
€160k
2024 · €298k
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
Total assets 20/58€6.26M€4.71M
Fixed assets 21/28€6.03M€4.45M
Tangible fixed assets 22/27€3.76M€3.68M
Financial fixed assets 28€2.27M€773k
Current assets 29/58€224k€257k
Amounts receivable within one year 40/41€182k€209k
Cash & bank 54/58€22k€29k
Total equity & liabilities 10/49€6.26M€4.71M
Equity 10/15€5.58M€4.14M
Contributions / capital 10/11€19k€19k=
Reserves 13€2.93M€1.49M
Amounts payable 17/49€680k€569k
Amounts payable after one year 17€298k€160k
Amounts payable within one year 42/48€366k€384k
Trade debts payable within one year 44€135k€175k
Income statement Code20242025
Gross operating margin 9900€192k€233k
Operating result 9901€21k€90k
Financial income 75€47k€27k
Financial charges 65€19k€14k
Result before taxes 9903€49k€-1.39M
Income taxes 67/77€13k-
Net result for the period 9904€36k€-1.39M
Result to be appropriated 9905€36k€-1.39M

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Weakest financial yearnet €-1.39M ▼3938%
Net result drops to €-1.39M, the lowest in the series.
20-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial Highest result since 2022net €3.62M ▲1009%
Net result €3.62M, the highest in the series.
2022
22-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
23-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
26-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema
23-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
15-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
24-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 24,647 companies in sector 64210 we hold annual accounts for 19,463. 8,671 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-11-2001
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 07-08-2026. Scores and ratios are computed by Checked and are not a credit decision.