FLOW
ActiveFLOW has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €10k. Equity is growing by ~33.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-9
Solvency47▲+7
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.29 in 2023; short-term debt: 78% and cash: 35.8% of total assets), and 78% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
22%
Return on assets
2.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
27 d late
2022
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 13.2%
2023 · €76k
2022: €36k
2023: €76k
2022 → 2024
Total assets
€392k▼ 23.8%
2023 · €515k
2022: €203k
2023: €515k
2022 → 2024
Net result
€10k▼ 75.1%
2023 · €40k
2022: €34k
2023: €40k
2022 → 2024
Working capital
€82k▼ 29.2%
2023 · €116k
2022: €69k
2023: €116k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€36k-€76k▲ 113%€86k▲ 13.2%
Operating result€50k-€83k▲ 66.4%€18k▼ 78.0%
Net result€34k-€40k▲ 19.5%€10k▼ 75.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 78% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €392k
Fixed assets
€4k▲ 69.0%
Current assets
€389k▼ 24.2%
Equity and liabilities €392k
Equity
€86k▲ 13.2%
Debt
€306k▼ 30.2%
The debt ratio falls from 85.2% to 78.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2023 · €85k
Cash flow
€12k▼
2023 · €42k
Solvency
22.0%▲
2023 · 14.8%
Current ratio
1.27▼
2023 · 1.29
Quick ratio
1.27▼
2023 · 1.29
Debt / equity
3.55▼
2023 · 5.76
ROE
11.7%▼
2023 · 53.0%
ROA
2.6%▼
2023 · 7.8%
Interest coverage
2.28▼
2023 · 2.51
Debt
€306k▼
2023 · €439k
Debt ≤ 1 year
€306k▼
2023 · €396k
Income taxes
€4k▼
2023 · €16k
Staff costs
€11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€515k€392k▼
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€3k
Current assets29/58€513k€389k▼
Amounts receivable after more than one year29€7k€6k▼
Other amounts receivable291€7k€6k▼
Amounts receivable within one year40/41€288k€206k▼
Trade receivables40€95k€179k▲
Other amounts receivable41€193k€26k▼
Cash at bank and in hand54/58€170k€141k▼
Deferred charges and accrued income490/1€47k€37k▼
Equity and liabilities
Total equity and liabilities10/49€515k€392k▼
Equity10/15€76k€86k▲
Contributions10/11€2k€2k=
Reserves13€74k€74k=
Distributable reserves133€74k€74k=
Profit (loss) carried forward14€115€10k▲
Amounts payable17/49€439k€306k▼
Amounts payable after more than one year17€42k-
Financial debts170/4€42k-
Amounts payable within one year42/48€396k€306k▼
Current portion of amounts payable after more than one year42-€10k
Trade debts44€165k€279k▲
Suppliers440/4€165k€279k▲
Taxes, remuneration and social security45€231k€18k▼
Taxes450/3€231k€18k▼
Income statement
Code20232024
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€91k€32k▼
Operating profit (loss)9901€83k€18k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€34k€9k▼
Recurring financial charges65€34k€9k▼
Profit (loss) for the period before taxes9903€56k€14k▼
Income taxes67/77€16k€4k▼
Profit (loss) for the period9904€40k€10k▼
Profit (loss) for the period to be appropriated9905€40k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€10k▼
Profit (loss) brought forward from the previous period14P€107€115▲
Transfer to equity691/2€40k-
To other reserves6921€40k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €10k ▼75.1%
Net result drops to €10k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2022net €40k ▲19.5%
Operating result €83k, net result €40k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brasschaat · 1 establishment unit since 2021
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.
Dr. Roosensplein 172930 BrasschaatGround area
371 m²
Building footprint
289 m²
Volume, LiDAR
1,500 m³
Parcel 11324D0708/00W003, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FIBONACCI
since 20212.321.021.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0708/00W003 | Flanders | 371 m² | 1 · 289 m² | 11.4 m · 1 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.
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AMFISC
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Mil'Impact
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FIDEP
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Of 11,219 companies in sector 82100 we hold annual accounts for 3,512. 2,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2021
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.