Turnover
≈ €150,000 estimated
The micro format states no turnover.
FLOW START
Lifetime
5 annual accounts with figures on one time axispeak €89,829 (2024)
€23,308▼ 74.1%
lowest -€18,067 (2025)
-€18,067▼ €47,855
peak €132,180 (2024)
€114,113▼ 13.7%
€1.0m▲ 20.4%
Board2 names since 2021
1 director
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €89,829 to €23,308Loss of €18,067Equity from €132,180 to €114,113Debts from €869,493 to €1.0mCash from €337,637 to €27,627
Key points
from the 2025 annual accountsDebts
€1.0m 90% of the balance sheet
Financial debts 70%Suppliers 9%Other 21%
Of this, €311,369 falls due within a year.
Liquidity
3.41 was 1.85 in 2024
Short-term debts fell from €481,228 to €311,369.
Filings
5 annual accounts 4 late
The 2022 accounts came latest: 53 days after the end of the period.
At the same address
8 companies
Position in the sector
-€18,067
Lower net result than 90% of companies in advertising and market research. Sector median €14,076 · 9,124 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 820 companies had the same profile as FLOW START has now. Each dot stands for 3 companies, two years later.
94.6%
were still trading
3.2%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 820 companies, not a prediction for FLOW START. 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0761842057
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 09-11-2021 · Gazette deed
Incorporation
Founding capital of €10,000, 300 shares · Founder: · Appointment: (director) · published on 22-01-2021 · Gazette deed
First establishment
Rue Saint-Julien 24, Liège
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLOW START Liège | - | - | 9.8% | - |
| AEC Invest Rixensart | - | - | 18.6% | - |
| LULLABY Saint-Ghislain | - | - | 34.1% | - |
| DREAM CONSULTING Schaerbeek | - | - | 34.3% | - |
| A PR COMPANY Keerbergen | - | - | 91.3% | - |
| VASEMO Londerzeel | €71,875 | 46.2% | 91.9% | - |
| FRIKKE Antwerp | €41,000 | 50.4% | 8.0% | - |
These companies have the same main activity as FLOW START: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €797,000 and €1.4m, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 20-01-2021Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Public relations and communication consultancyNACE 73300and 3 others
- Establishment unit
- 2.313.979.2434020 Liège, since 20-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Insights on FLOW START
FLOW START files the micro format. That format states no turnover. The gross margin fell from €38,769 in 2021 to €23,308 in 2025.
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 START
- What is the company number of FLOW START?
- The company number of FLOW START is 0761.842.057. The VAT number is the same number with BE in front: BE 0761.842.057.
- Where is FLOW START based?
- The registered office is at Rue Saint-Julien 24, 4020 Liège.Company details
- What does FLOW START do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of FLOW START?
- FLOW START is a private limited company (BV).
- When was FLOW START founded?
- FLOW START was founded on 20-01-2021.
- Is FLOW START still active?
- Yes, FLOW START is an active enterprise in the KBO register.
- What is the turnover of FLOW START?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €23,308 and 41 comparable companies (NACE 73300). It probably lies between €61,000 and €240,000. It is a rough estimate.Financials
- Is FLOW START profitable?
- In financial year 2025, FLOW START made a loss of €18,067.
- Where can I find the annual accounts of FLOW START?
- FLOW START filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLOW START due?
- FLOW START must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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