Flow Field
ActiveSummary
Flow Field has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,569 and a net result of €113,584. Its solvency ranks better than 95% of 4,342 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-2024 Normal situation
- Activity
- Other professional, scientific and technical activities NACE 74999and 2 others
- Establishment unit
- 2.361.698.293 2830 Willebroek, since 29-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- DE GREEF BartDirector · since 29-06-2024
Shareholders
- DE GREEF Bart100 sharesact of 03-07-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €145,392
- ▲ 14×
- Turnover
- ≈ €360,000
- estimated
- Profit
- €113,584
- ▲ 14×
- Equity
- €126,569
- ▲ 875%
- Total assets
- €133,970
- ▲ 362%
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 18.10, cash €105,718Sector: Other professional, scientific and technical activities (NACE 74)Equity €126,569 (94.5% of total assets)Show the evidence
Checked score
Score 2025
99
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 93% of micro companies in other professional activities (NACE 74)
Financial strength · tick: 2024
Strong
Solvency
100+30
equity 94.5% of total assets
Liquidity
100+68
short-term debt 5.5% · cash 78.9%
Profitability
100=
return on assets 84.8%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.3%
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026highest value
07-2026: < 0.1%▼ -0.5 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 18.1 (1.81 in 2024), above the usual 1.5. Short-term debt is 5.5% and cash 78.9% of total assets. 5.5% of the assets are financed with debt and provisions.
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 74, micro). It does better than 88% of them on solvency, 97% on liquidity, 88% on profitability and 99% on growth.
The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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 19-06-2026, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
42 days early
2024
41 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 42 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 2 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €360,000
Estimated: probably between €240,000 and €560,000
Total assets
€133,970▲ 362%
2024 · €28,968
Net result
€113,584▲ 14×
2024 · €7,985
Working capital
€126,569▲ 875%
2024 · €12,985
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€145,272
▲ 14×
2025
20242025
Net result
€113,584
▲ 14×
2025
highest quarter of the sector
20242025
Equity
€126,569
▲ 875%
2025
highest quarter of the sector
20242025
Total assets
€133,970
▲ 362%
2025
middle half of the sector
20242025
Debt
€7,401
▼ 53.7%
2025
20242025
Working capital
€126,569
▲ 875%
2025
highest quarter of the sector
20242025
Solvency
94.5%
▲ 49.7pp
2025
highest quarter of the sector
20242025
Current ratio
18.10
▲ 16.29
2025
highest quarter of the sector
20242025
Return on assets (ROA)
84.8%
▲ 57.2pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€10,464-€145,272▲ 14×
Net result€7,985within the sector's middle half-€113,584above the sector's middle half▲ 14×
Equity€12,985within the sector's middle half-€126,569above the sector's middle half▲ 875%
Total assets€28,968below the sector's middle half-€133,970within the sector's middle half▲ 362%
Debt€15,984-€7,401▼ 53.7%
Working capital€12,985within the sector's middle half-€126,569above the sector's middle half▲ 875%
Solvency44.8%within the sector's middle half-94.5%above the sector's middle half▲ 49.7pp
Current ratio1.81within the sector's middle half-18.10above the sector's middle half▲ 16.29
Return on assets (ROA)27.6%above the sector's middle half-84.8%above the sector's middle half▲ 57.2pp
above
within
below
The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is nearly 14 times that of 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €133,970
Equity
€126,569 ▲ 875%
Debt
€7,401 ▼ 53.7%
Debt's share of the balance-sheet total falls from 55.2% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.06▼
2024 · 1.23
ROE
89.7%▲
2024 · 61.5%
Debt ≤ 1 year
€7,401▼
2024 · €15,984
Income taxes
€31,752▲
2024 · €2,459
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €120 | - |
| Gross operating margin9900 | €10,464 | €145,392 | ▲ 14× |
| Operating profit (loss)9901 | €10,464 | €145,272 | ▲ 14× |
| Financial income75/76B | €15 | €151 | ▲ 903% |
| Recurring financial income75 | €15 | €151 | ▲ 903% |
| Financial charges65/66B | €35 | €86 | ▲ 145% |
| Recurring financial charges65 | €35 | €86 | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €10,444 | €145,336 | ▲ 14× |
| Income taxes67/77 | €2,459 | €31,752 | ▲ 13× |
| Profit (loss) for the period9904 | €7,985 | €113,584 | ▲ 14× |
| Profit (loss) for the period to be appropriated9905 | €7,985 | €113,584 | ▲ 14× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €28,968 | €133,970 | ▲ 362% |
| Current assets29/58 | €28,968 | €133,970 | ▲ 362% |
| Amounts receivable within one year40/41 | €25,123 | €24,731 | ▼ 1.6% |
| Trade receivables40 | €25,123 | €21,983 | ▼ 12.5% |
| Other amounts receivable41 | - | €2,748 | - |
| Cash at bank and in hand54/58 | €2,466 | €105,718 | ▲ 43× |
| Deferred charges and accrued income490/1 | €1,379 | €3,522 | ▲ 155% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €28,968 | €133,970 | ▲ 362% |
| Equity10/15 | €12,985 | €126,569 | ▲ 875% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €7,985 | €121,569 | ▲ 15× |
| Distributable reserves133 | €7,985 | €121,569 | ▲ 15× |
| Amounts payable17/49 | €15,984 | €7,401 | ▼ 53.7% |
| Amounts payable within one year42/48 | €15,984 | €7,401 | ▼ 53.7% |
| Trade debts44 | €1,325 | €2,813 | ▲ 112% |
| Suppliers440/4 | €1,325 | €2,813 | ▲ 112% |
| Taxes, remuneration and social security45 | €6,021 | €4,508 | ▼ 25.1% |
| Taxes450/3 | €6,021 | €4,508 | ▼ 25.1% |
| Other amounts payable47/48 | €8,638 | €79 | ▼ 99.1% |
Historical observation
In July 2024, 39,278 companies had the same profile as Flow Field has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Flow Field itself is lower: < 0.1% within 12 months. It rests on far more data about Flow Field than the profile alone.
Test of the method
The method was tested on the 497,446 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 Field. 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.
Board & ownership
Directors
Directors
1 director, since incorporation
DE GREEF Bart
Current
Director (not named in the articles) · since 29-06-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 19-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 03-07-2024Owners and capital
Shareholders
At incorporation
act of 03-07-2024 ↗
- DE GREEF Bart 100 shares (100%)
Capital transactions
Capital over time
- 03-07-2024 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 03-07-2024 (in Dutch)
Network & group
Flow Field shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Flow Field. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
19-06
micro format · 42 days before the deadline
2025
31-12
Financial
Liquidity more than 9 timescurrent ratio 18.10
The current ratio rises from 1.81 to 18.10. Short-term debt falls from €15,984 to €7,401.
31-12
Financial
Equity above €100,000equity €126,569 ▲875%
With a profit in every financial year since 2024, equity grows to €126,569.
20-06
micro format · 41 days before the deadline
2024
03-07
Gazette deed
IncorporationFounding capital of €5,000, 100 shares · Founder: DE GREEF Bart · Appointment: DE GREEF Bart (director)4 points ▸
Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: DE GREEF Bart · Appointment: DE GREEF Bart (director)4 points ▸
- Incorporation, 26-06-2024
- Founder, DE GREEF Bart
- Founding capital, €5,000, 100 shares
- Director appointment, DE GREEF Bart (director (not named in the articles))
- The act holds 3 more points.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Flow Field in Dutch
Enterprise number
1010.933.604
Legal form
Private limited company
Status
Active, normale toestand
Founded
29-06-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-07-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Flow Field
deed of 03-07-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Klaterstraat 54, 2830 Willebroek (Blaasveld)”
deed of 03-07-2024 (in Dutch)Registered office and establishments
Registered office
Klaterstraat 54, 2830 Willebroek, Belgium
Establishment unit
Flow Field, Klaterstraat 54, 2830 Willebroek since 29-06-2024 · unit number 2.361.698.293
Activities
NACEBEL 202574999
Other professional, scientific and technical activities main activity
71209
Other technical testing and analysis
72101
Research and development on biotechnology
Codes under NACEBEL 2008
74909
Other professional, scientific and technical activities main activity
71209
Other technical testing and analysis
72110
Scientific research and development
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 03-07-2024 (in Dutch)
“De uitbating,huur en verhuur van één of meer apotheken; Het verzorgen van vervangingen in of voor één of meer apotheken; Groothandel,aan- en…”
42 activities
- De uitbating,huur en verhuur van één of meer apotheken
- Het verzorgen van vervangingen in of voor één of meer apotheken
- Groothandel,aan- en verkoop,bereiding van alle soorten scheikundige,farmaceutische,parafarmaceutische,phytofarmaceutische en homeopatische producten,veeartsenij- en drogisterijproducten,specialiteiten,cosmetica en hygiënische producten,waaronder begrepen zijn de parfumerie,dieetproducten,natuurvoeding en dergelijke
- Aan- en verkoop en herstellingen van alle gezichts- en gehoorapparaten en aanverwante artikelen
- Aan- en verkoop en de handel in alle soorten materialen en voorwerpen van bandagisten en orthopedisten
- Handel in alle soorten toebehoren met betrekking tot de uitbating en de gezondheidszorg in het algemeen
- Het uitvoeren van analyses
- Klinisch biologisch onderzoek
- Consultancy met betrekking tot de scheikundige,farmaceutische,de para-farmaceutische en de phytofarmaceutische sector
- Het verlenen van voedings- en dieetadvies
- Vervaardiging van geneesmiddelen
- Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels
- Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels
- Adviesbureaus op het gebied van public relations en communicatie
- Overige technische testen en toetsen
- Speur- en ontwikkelingswerk op biotechnologisch gebied
- Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
- Overige gespecialiseerde wetenschappelijke en technische activiteiten
- Diverse administratieve activiteiten ten behoeve van kantoren
- Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
- Verpakkingsbedrijven
- Overige vormen van onderwijs
- Activiteiten van medische laboratoria
- Activiteiten van bloedtransfusiecentra en bloed- en organenbanken
- Andere vormen van maatschappelijke dienstverlening zonder huisvesting,niet elders genoemd
- Het verlenen van advies in verband met beheer en management van ondernemingen
- Huren en verhuren van roerende en onroerende goederen
- Het beheer van patrimonium
- Managementactiviteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk vermogen
- Verlenen van advies en praktische hulp aan het bedrijfsleven en de overheid op gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding
- Overige zakelijke dienstverlening
- Diverse administratieve activiteiten ten behoeve van kantoren
- Het optreden en handelen als dienstverlener,als interim-manager en/of als tussenpersoon bij alle vormen van adviesverlening,managementdiensten en hulp aan het bedrijfsleven en de overheid op het gebied van marketing,e-business strategy,planning,organisatie,efficiëntie en toezicht,informatica,human resources,administratie en financiën,publiciteit en reclame,financiële en juridische planning en/of het verschaffen van informatie aan bedrijfsleiding en dit in de meest ruime zin
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard,alsook het in de ruimste zin van het woord verlenen van bijstand en diensten,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur
- Het verlenen van diensten op het vlak van netwerkvorming en -gebruik,externe vertegenwoordiging en representatie
- De vorming en het beheer in de ruimste zin van het woord van een patrimonium van roerende en onroerende goederen,daaronder begrepen,het vestigen van zakelijke rechten,onroerende leasing,de huur,verhuring,onderhuur,de uitbating,de herstelling,de verbetering,het onderhoud,de verbouwing,de aankoop,de oprichting en iedere verwerving en verkoop van onroerende goederen
- Handel in onroerende goederen,dit in de ruimste zin van het woord,met inbegrip van onroerende leasing,met uitzondering van de activiteiten welke voorbehouden zijn voor erkende vastgoedmakelaars
- Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis,met uitzondering van de activiteiten welke voorbehouden zijn voor erkende vastgoedmakelaars
- Beheer van zowel residentieel als niet-residentieel onroerend goed voor een vast bedrag of op contractbasis,met uitzondering van de activiteiten welke voorbehouden zijn voor erkende syndici
- Het optreden als tussenpersoon bij onderhandelingen inzake gehele of gedeeltelijke overname van aandelen;alsook,in de ruimste zin van het woord,het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborg,plaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille of kapitaalsbestuur
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
- Zowel voor eigen rekening,voor rekening van derden,of in deelneming met derden,bij te dragen tot de vestiging en de ontwikkeling van ondernemingen
Invoicing and payment
VAT number
BE 1010.933.604
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 18:00
deed of 03-07-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,913 m²
Building footprint
214 m²
Building volume
1,070 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12004B0607/00G000 | Flanders | 1,913 m² | 1 · 214 m² | 6.8 m · 2 |