FLOWABILITY
InactiveFLOWABILITY was declared bankrupt on 06-01-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 31-03-2026, published in the Belgian State Gazette on 28-04-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-07-2024, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d early
2022
25 d late
2021
27 d late
2020
31 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-447k▼ 7,067%
2022 · €-6k
2019: €6k
2020: €211k
2021: €21k
2022: €-6k
2019 → 2023
Total assets
€239k▼ 44.6%
2022 · €432k
2019: €19k
2020: €340k
2021: €181k
2022: €432k
2019 → 2023
Net result
€-441k▲ 6.1%
2022 · €-470k
2019: €-673
2020: €-37k
2021: €-190k
2022: €-470k
2019 → 2023
Working capital
€-449k▼ 4,775%
2022 · €-9k
2019: €2k
2020: €206k
2021: €17k
2022: €-9k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€6k-€211k▲ 3,716%€21k▼ 90.1%€-6k€-447k▼ 7,067%
Operating result€-584-€-37k▼ 6,196%€-189k▼ 415%€-469k▼ 148%€-439k▲ 6.4%
Net result€-673-€-37k▼ 5,400%€-190k▼ 413%€-470k▼ 147%€-441k▲ 6.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €439k in 2023 against €469k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €239k
Fixed assets
€2k▲ 13.1%
Current assets
€236k▼ 44.9%
Key figures and ratios
EBITDA
€-438k▲
2022 · €-468k
Cash flow
€-440k▲
2022 · €-468k
Solvency
-186.9%▼
2022 · -1.4%
Current ratio
0.34▼
2022 · 0.98
Quick ratio
0.29▼
2022 · 0.79
Debt / equity
-1.53▲
2022 · -70.16
ROA
-184.3%▼
2022 · -108.8%
Interest coverage
-199.87▲
2022 · -860.22
Debt
€687k▲
2022 · €438k
Debt ≤ 1 year
€686k▲
2022 · €438k
Staff costs
€28k▲
2022 · €1k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€432k€239k▼
Formation expenses20€794€414▼
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€600-
Current assets29/58€429k€236k▼
Stocks and contracts in progress3€83k€37k▼
Stocks30/36€83k€37k▼
Amounts receivable within one year40/41€112k€108k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€103k€104k▲
Cash at bank and in hand54/58€234k€91k▼
Equity and liabilities
Total equity and liabilities10/49€432k€239k▼
Equity10/15€-6k€-447k▼
Contributions10/11€691k€691k=
Capital10€691k€691k=
Issued capital100€691k€691k=
Profit (loss) carried forward14€-697k€-1.23M▼
Investment grants15-€93k
Amounts payable17/49€438k€687k▲
Amounts payable within one year42/48€438k€686k▲
Financial debts43€47k€61k▲
Credit institutions430/8€47k-
Other loans439-€61k
Trade debts44€379k€307k▼
Suppliers440/4€379k€307k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€6k€18k▲
Remuneration and social security454/9€39€2k▲
Other amounts payable47/48€4k€297k▲
Accrued charges and deferred income492/3-€789
Income statement
Code20222023
Remuneration, social security and pensions62€1k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€32k▲
Gross operating margin9900€-465k€-378k▲
Operating profit (loss)9901€-469k€-439k▲
Financial income75/76B€67€26▼
Recurring financial income75€67€26▼
Financial charges65/66B€544€2k▲
Recurring financial charges65€544€2k▲
Profit (loss) for the period before taxes9903€-470k€-441k▲
Profit (loss) for the period9904€-470k€-441k▲
Transfer to tax-exempt reserves689-€93k
Profit (loss) for the period to be appropriated9905€-470k€-534k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-697k€-1.23M▼
Profit (loss) brought forward from the previous period14P€-228k€-697k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SA FLOWABILITY QUAI D’AA 1, 1070 ANDERLECHT. déclarée le 6 janvier 2025 · event 31-03-2026
2025
10-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA FLOWABILITY QUAI D’AA 1, 1070 ANDERLECHT · event 06-01-2025
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-470k
Net result drops to €-470k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.16 to 2.60.
31-12
Financial
Equity above €200kEq €211k ▲3716%
Equity rises from €6k to €211k.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
06-01-2025 → present |