FLOW UNLIMITED
BankruptcyThe KBO register records for FLOW UNLIMITED the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €8k and a net result of €-5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-06-2023, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
33 d early
2021
145 d late
2020
89 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5k▼ 11.9%
2021 · €-4k
2018: €-18k
2019: €69
2020: €-137
2021: €-4k
2018 → 2022
Working capital
€3k▼ 64.0%
2021 · €8k
2018: €9k
2019: €8k
2020: €17k
2021: €8k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€11k-€8k▼ 25.7%€17k▲ 112%€13k▼ 24.1%€8k▼ 35.6%
Operating result€-17k-€2k€1k▼ 45.3%€-3k€-3k▲ 16.6%
Net result€-18k-€69€-137€-4k▼ 2,923%€-5k▼ 11.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2022 against €3k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €46k
Fixed assets
€6k▼ 12.5%
Current assets
€41k▼ 2.4%
Equity and liabilities €46k
Equity
€8k▼ 35.6%
Debt
€38k▲ 8.0%
The debt ratio rises from 72.9% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-847▲
2021 · €-2k
Cash flow
€-3k▲
2021 · €-3k
Solvency
18.1%▼
2021 · 27.1%
Current ratio
1.08▼
2021 · 1.25
Quick ratio
1.08▼
2021 · 1.25
Debt / equity
4.52▲
2021 · 2.69
ROE
-55.3%▼
2021 · -31.8%
ROA
-10.0%▼
2021 · -8.6%
Interest coverage
-0.35▲
2021 · -1.63
Debt
€38k▲
2021 · €35k
Debt ≤ 1 year
€38k▲
2021 · €33k
Debt > 1 year
€257▼
2021 · €2k
Staff costs
€166▼
2021 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€48k€46k▼
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Furniture and vehicles24€6k€6k▼
Current assets29/58€42k€41k▼
Amounts receivable within one year40/41€37k€41k▲
Trade receivables40€27k€32k▲
Other amounts receivable41€9k€9k▼
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€48k€46k▼
Equity10/15€13k€8k▼
Contributions10/11€15k€15k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-4k€-9k▼
Amounts payable17/49€35k€38k▲
Amounts payable after more than one year17€2k€257▼
Financial debts170/4€2k€257▼
Amounts payable within one year42/48€33k€38k▲
Current portion of amounts payable after more than one year42€1k€11k▲
Trade debts44€28k€18k▼
Suppliers440/4€28k€18k▼
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€309-
Income statement
Code20212022
Remuneration, social security and pensions62€250€166▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€120€122▲
Gross operating margin9900€-2k€-559▲
Operating profit (loss)9901€-3k€-3k▲
Financial income75/76B€573€634▲
Recurring financial income75€573€634▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-4k€-5k▼
Profit (loss) for the period9904€-4k€-5k▼
Profit (loss) for the period to be appropriated9905€-4k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-9k▼
Profit (loss) brought forward from the previous period14P€-137€-4k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.69 to 4.88; short-term debt falls from €11k to €4k.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Back to profitnet €69
Net result €69 after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
27-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louis Dhontstraat 229800 DeinzeGround area
6,109 m²
Building footprint
1,575 m²
Volume, LiDAR
18,880 m³
2 parcels, Brussels, Flanders · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Waelhemstraat 68, 1030 Schaarbeek
since 20122.214.889.783
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0615/00Y000 | Flanders | 4,492 m² | 1 · 285 m² | 25.9 m · 7 fl. |
| 21902A0419/00S002 | Brussels | 1,617 m² | 1 · 1,290 m² | 19.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 318 companies in sector 18200 we hold annual accounts for 114. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2012
Fiscal year end31-12
Abbreviation NL
FLOW ULTD
Activities, NACEBEL
18200Printing and reproduction of recorded media
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.