Equity
-€144,491
Debts exceed assets in financial year 2025.
Flow
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €180,829 (2007)
€58,143▲ 76.0%
lowest -€155,485 (2010)
€56,522▼ 17.2%
peak €111,544 (2007)
-€144,491▲ €56,522
€162,226▼ 21.8%
peak 3.6 FTE (2010)
-not published
Board2 names since 2003
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €33,041 to €58,143Equity from -€201,013 to -€144,491Debts from €207,470 to €162,226
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€162,226 915% of the balance sheet
Suppliers 3%Taxes and wages 0%Other 96%
Filings
22 annual accounts since 2004
Two of the last ten came late. The 2017 accounts came latest: 27 days after the end of the period.
Board
1 joined
New director. Latest change 01-01-2026 · 2 in office.
Position in the sector
-814.7%
Lower solvency than 95% of companies in personal services. Sector median 26.7% · 6,259 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as Flow has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,794 companies, not a prediction for Flow. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Appointment: (director)
General meeting of 16-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861728895
Company renamed from IC PROJECTS to FLOW
Registered office moved to Boechout · New registered office: Termikkelaan 1, 2530 Boechout · Change of role: , from manager to director · General meeting of 14-06-2022 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Mol
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Flow Boechout | €17,736 | €58,143 | -814.7% | - |
| ZEN'ITUDE Namur | €13,786 | €45,499 | -44.2% | 0.7 |
| D & D LIGNE Ypres | €26,147 | €62,286 | 6.8% | - |
| NEW SUN Drogenbos | €12,909 | €42,244 | -181.0% | - |
| SOFIMAR Lanaken | €25,683 | €40,240 | -17.5% | - |
| NAILS & BEAUTY JE ME SENS BELLE Etterbeek | €22,664 | €37,793 | -197.2% | - |
| MARS ET VENUS Jette | €32,989 | €34,772 | -63.0% | - |
These companies have the same main activity as Flow: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €12,900 and €33,000, founded between 2004 and 2010.
Official details
Source: KBO- Status
- Active since 19-11-2003Normal situation
- Activity
- Beauty care and other beauty treatmentsNACE 96220and 6 others
- Joint committee
- 201Independent retail · annual accounts 2022
- Establishment unit
- 2.167.003.3582530 Boechout, since 13-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 27-06-2025
Annual accounts 2025
- €17,736▲ 175%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on Flow
Flow files the micro format. That format states no turnover. The gross margin fell from €106,910 in 2006 to €58,143 in 2025.
The balance sheet grew most in 2007 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Flow
- What is the company number of Flow?
- The company number of Flow is 0861.728.895. The VAT number is the same number with BE in front: BE 0861.728.895.
- Where is Flow based?
- The registered office is at Termikkelaan 1, 2530 Boechout.Company details
- What does Flow do?
- According to the KBO register, the main activity is beauty care and other beauty treatments (NACE 96220).
- What is the legal form of Flow?
- Flow is a private limited company (BV).
- When was Flow founded?
- Flow was founded on 19-11-2003.
- Is Flow still active?
- Yes, Flow is an active enterprise in the KBO register.
- Which joint committee does Flow fall under?
- In its 2022 annual accounts, Flow states joint committee 201 (Independent retail).
- What is the turnover of Flow?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €58,143 and 34 comparable companies (NACE 962). It probably lies between €110,000 and €170,000.Financials
- Is Flow profitable?
- In financial year 2025, Flow made a profit of €56,522.
- Where can I find the annual accounts of Flow?
- Flow filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flow due?
- Flow must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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