Turnover
≈ €780,000 estimated
The abbreviated format states no turnover.
FLOW CONSTRUCT
Lifetime
1 annual account with figurespeak €221,242 (2025)
€221,242
peak €48,608 (2025)
€48,608
peak €49,608 (2025)
€49,608
€45,326
Board1 name since 2024
1 directorFEKETE Zoltán
Documentsfilings and deeds
20-06-202641 days before the deadline
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Checked score
54
Fair
Financially stronger than 70% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 3.6%
09-2025: 3.7%▲ +0.1 percentage points vs 08-2025
10-2025: 3.8%▲ +0.1 percentage points vs 09-2025
11-2025: 4.2%▲ +0.4 percentage points vs 10-2025
12-2025: 4.2%● unchanged vs 11-2025
01-2026: 4.6%▲ +0.4 percentage points vs 12-2025
02-2026: 5.0%▲ +0.4 percentage points vs 01-2026
03-2026: 5.0%● unchanged vs 02-2026
04-2026: 4.8%▼ -0.2 percentage points vs 03-2026
05-2026: 4.8%● unchanged vs 04-2026
06-2026: 5.1%▲ +0.3 percentage points vs 05-2026
07-2026: 5.3%▲ +0.2 percentage points vs 06-2026
08-2026: 8.2%▲ +2.9 percentage points vs 07-2026highest value
09-2026: 8.2%● unchanged vs 08-2026highest value
10-2026: 2.4%▼ -5.8 percentage points vs 09-2026lowest value
11-2026: 2.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €142,003
lowers risk
Liquidity: current ratio 1.90, cash €42,949
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 42% of them on solvency, 78% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FLOW CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FLOW CONSTRUCT itself is higher: 2.4% within 12 months. It rests on far more data about FLOW CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for FLOW CONSTRUCT. 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
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.9, above the usual 1.5. Short-term debt is 31.9% and cash 30.2% of total assets. However, 65.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-06-2026, 41 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
41 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Sint-Pieters-Leeuw to Ghent
New registered office: Poelsnepstraat 20, 9000 Gent · Previous registered office: Bergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw · General meeting of 15-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011432955
Incorporation
Founding capital of €1,000, 100 shares · Founder: FEKETE Zoltán (comparant) · Appointment: FEKETE Zoltán (director) · published on 12-07-2024 · Gazette deed
First establishment
Westergemstraat 287, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLOW CONSTRUCT Ghent | €142,003 | €221,242 | 34.9% | - |
| ART LSC Theux | €145,978 | €194,459 | -1.5% | - |
| TINIK AMENAGEMENTS EXTERIEURS Dison | €126,445 | €196,992 | 29.6% | - |
| MARCQ INNOV Beloeil | €178,036 | €223,362 | 60.1% | - |
| DNGL Lokeren | €195,543 | €271,212 | 60.9% | - |
| IN STEEN Herzele | €139,221 | €135,007 | 70.2% | - |
| MAI Construction Aalst | €215,297 | €302,451 | 65.4% | - |
These companies have the same main activity as FLOW CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €126,000 and €215,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 10-07-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.361.435.4059032 Ghent, since 10-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-03-2026
Annual accounts 2025
- €142,003
- Filing
- Filed on 20-06-2026, 41 days before the end of the filing period
Insights on FLOW CONSTRUCT
The computed 12-month bankruptcy probability of FLOW CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €49,608 and a net result of €48,608.
Its solvency ranks better than 46% of 2,818 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 CONSTRUCT
- What is the company number of FLOW CONSTRUCT?
- The company number of FLOW CONSTRUCT is 1011.432.955. The VAT number is the same number with BE in front: BE 1011.432.955.
- Where is FLOW CONSTRUCT based?
- The registered office is at Poelsnepstraat 20, 9000 Ghent.Company details
- What does FLOW CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of FLOW CONSTRUCT?
- FLOW CONSTRUCT is a private limited company (BV).
- When was FLOW CONSTRUCT founded?
- FLOW CONSTRUCT was founded on 10-07-2024.
- Is FLOW CONSTRUCT still active?
- Yes, FLOW CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of FLOW CONSTRUCT?
- The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €221,242 and 126 comparable companies (NACE 41001). It probably lies between €530,000 and €1.2m.Financials
- Is FLOW CONSTRUCT profitable?
- In financial year 2025, FLOW CONSTRUCT made a profit of €48,608.
- Where can I find the annual accounts of FLOW CONSTRUCT?
- FLOW CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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