FLOW TECH INDUSTRIES
The computed 12-month bankruptcy probability of FLOW TECH INDUSTRIES is 0.2% (very low). The 2024 annual accounts show equity of €171k and a net result of €156k. Equity is shrinking by ~21.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 25% of 7324 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €171k |
| Net result | €156k |
| Staff (FTE) | 1 |
| Better than sector | 25% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.7% | 65.1% | |
| Net result | €156k | €32k | |
| Equity | €171k | €58k | |
| Gross operating margin | €-1.10M | €52k | |
| Staff costs | €46k | €17k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €153k |
| Net profit | €156k |
| Cash flow | €156k |
| Staff costs | €46k |
| Income taxes | - |
| Dividends | - |
| Total assets | €454k |
| Equity | €171k |
| Debt | €283k |
| of which ≤ 1y | €283k |
| of which > 1y | - |
| Working capital | €169k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.60 |
| Quick ratio | 1.60 |
| Working capital ratio | 37.3% |
| Solvency | 37.7% |
| Debt / equity | 1.65 |
| Long-term debt ratio | - |
| Interest coverage | 434.55 |
| Gross margin | - |
| Net margin | - |
| ROA | 34.4% |
| ROE | 91.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €454k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €190 |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €452k |
| Amounts receivable within one year | 40/41 | €73k |
| Cash & bank | 54/58 | €278k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €454k |
| Equity | 10/15 | €171k |
| Contributions / capital | 10/11 | €21k |
| Reserves | 13 | €150k |
| Amounts payable | 17/49 | €283k |
| Amounts payable within one year | 42/48 | €283k |
| Trade debts payable within one year | 44 | €282k |
| Income statement | ||
| Gross operating margin | 9900 | €-1.10M |
| Operating result | 9901 | €153k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €353 |
| Result before taxes | 9903 | €156k |
| Net result for the period | 9904 | €156k |
| Result to be appropriated | 9905 | €156k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 24-03-2014 |
| Status | Active |
| Postal code | 8000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31806F0473/00D000 ProtectedMonument · Townscape or village viewSpiegelrei, Gouden-Handrei en Sint-Annarei met omgevingSource ↗ |
Flanders | 779 m² | 1 · 722 m² | 20.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2023 2 directors appointed
- DE BONTRIDDER, Lieven, Vaste vertegenwoordiger
- GAILLIAERT, Steven, Vaste vertegenwoordiger
Technical details
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"corrected_publication_numac": null
}31-01-2023 Registered office moved within Brugge
- Jan Van Eyckplein 2 8000 Brugge → Verbrand Nieuwland 27, 8000 Brugge
Technical details
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}14-12-2022 Steven Gaillaert resigns as director
- Steven Gaillaert, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FLOW TECH INDUSTRIES |