Flowchase
Open bankruptcyA bankruptcy procedure is open for Flowchase according to publications in the Belgian State Gazette; curator: ALESSIA BONOMINI.
Summary
The 2023 annual accounts show equity of €1.4m and a net result of -€138,119.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 19 December 2024
- Supervising judge
- Thierry Gorjanc
- Official Gazette
- 27-12-2024 (pdf) ↗search the document for 2024/150924
Deadlines
- Appeal or third-party opposition until
- passed on 11 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 18 January 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 19 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Alessia BonominiChaussee De Bruxelles 10, 1490 Court-Saint-Etiennea.bonomini@cie-lex.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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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 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d early
2022
4 d late
2021
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Computer consultancy and computer facilities management sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€138,119▼ 69.6%
2022 · -€81,442
Working capital
€1.0m▲ 284%
2022 · €260,863
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result-€96,974--€151,596▼ 56.3%-€313,918▼ 107%
Net result-€97,418below the sector's middle half--€81,442below the sector's middle half▲ 16.4%-€138,119below the sector's middle half▼ 69.6%
Equity€265,982within the sector's middle half-€405,689within the sector's middle half▲ 52.5%€1.4mabove the sector's middle half▲ 251%
Total assets€290,432within the sector's middle half-€591,588within the sector's middle half▲ 104%€1.7mwithin the sector's middle half▲ 188%
Debt€24,450-€185,899▲ 660%€282,441▲ 51.9%
Working capital€147,712within the sector's middle half-€260,863within the sector's middle half▲ 76.6%€1.0mabove the sector's middle half▲ 284%
Solvency91.6%above the sector's middle half-68.6%within the sector's middle half▼ 23.0pp83.4%above the sector's middle half▲ 14.9pp
Current ratio7.04above the sector's middle half-3.50above the sector's middle half▼ 3.545.39above the sector's middle half▲ 1.89
Return on assets (ROA)-33.5%below the sector's middle half--13.8%below the sector's middle half▲ 19.8pp-8.1%below the sector's middle half▲ 5.7pp
Staff (FTE)3.3within the sector's middle half-4within the sector's middle half▲ 21.2%4within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €313,918 in 2023 against €151,596 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.7m
Fixed assets
€473,582 ▲ 109%
Current assets
€1.2m ▲ 237%
Equity and liabilities €1.7m
Equity
€1.4m ▲ 251%
Debt
€282,441 ▲ 51.9%
Debt's share of the balance-sheet total falls from 31.4% to 16.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€170,866▼
2022 · -€85,934
Cash flow
€4,933▲
2022 · -€15,781
Debt to equity
0.20▼
2022 · 0.46
ROE
-9.7%▲
2022 · -20.1%
Interest coverage
-10.37▲
2022 · -22.55
Debt ≤ 1 year
€228,378▲
2022 · €104,205
Debt > 1 year
€54,000▼
2022 · €81,000
Staff costs
€316,513▲
2022 · €234,960
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €198,555 | €234,960 | €316,513 | ▲ 34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,570 | €65,661 | €143,052 | ▲ 118% |
| Other operating charges640/8 | €2,285 | €409 | €483 | ▲ 18.1% |
| Non-recurring operating charges66A | - | - | €700 | - |
| Gross operating margin9900 | €139,436 | €149,434 | €146,830 | ▼ 1.7% |
| Operating profit (loss)9901 | -€96,974 | -€151,596 | -€313,918 | ▼ 107% |
| Financial income75/76B | €119 | €73,966 | €192,273 | ▲ 160% |
| Recurring financial income75 | €119 | €73,966 | €192,273 | ▲ 160% |
| Financial charges65/66B | €564 | €3,812 | €16,475 | ▲ 332% |
| Recurring financial charges65 | €564 | €3,812 | €16,475 | ▲ 332% |
| Profit (loss) for the period before taxes9903 | -€97,418 | -€81,442 | -€138,119 | ▼ 69.6% |
| Profit (loss) for the period9904 | -€97,418 | -€81,442 | -€138,119 | ▼ 69.6% |
| Profit (loss) for the period to be appropriated9905 | -€97,418 | -€81,442 | -€138,119 | ▼ 69.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €290,432 | €591,588 | €1.7m | ▲ 188% |
| Fixed assets21/28 | €118,270 | €226,520 | €473,582 | ▲ 109% |
| Intangible fixed assets21 | €112,345 | €218,963 | €464,622 | ▲ 112% |
| Tangible fixed assets22/27 | €5,745 | €3,377 | €4,780 | ▲ 41.6% |
| Furniture and vehicles24 | €5,745 | €3,377 | €4,780 | ▲ 41.6% |
| Financial fixed assets28 | €180 | €4,180 | €4,180 | = |
| Current assets29/58 | €172,162 | €365,068 | €1.2m | ▲ 237% |
| Amounts receivable within one year40/41 | €3,554 | €33,378 | €830,178 | ▲ 2,387% |
| Trade receivables40 | €2,038 | €28,708 | €97,437 | ▲ 239% |
| Other amounts receivable41 | €1,516 | €4,670 | €732,741 | ▲ 15,591% |
| Cash at bank and in hand54/58 | €56,889 | €38,450 | €389,426 | ▲ 913% |
| Deferred charges and accrued income490/1 | €111,719 | €293,240 | €11,646 | ▼ 96.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €290,432 | €591,588 | €1.7m | ▲ 188% |
| Equity10/15 | €265,982 | €405,689 | €1.4m | ▲ 251% |
| Contributions10/11 | €363,400 | €363,400 | €1.0m | ▲ 188% |
| Profit (loss) carried forward14 | -€97,418 | -€178,860 | -€316,979 | ▼ 77.2% |
| Investment grants15 | - | €221,149 | €693,975 | ▲ 214% |
| Amounts payable17/49 | €24,450 | €185,899 | €282,441 | ▲ 51.9% |
| Amounts payable after more than one year17 | - | €81,000 | €54,000 | ▼ 33.3% |
| Financial debts170/4 | - | €81,000 | €54,000 | ▼ 33.3% |
| Amounts payable within one year42/48 | €24,450 | €104,205 | €228,378 | ▲ 119% |
| Current portion of amounts payable after more than one year42 | - | €27,000 | €27,000 | = |
| Financial debts43 | - | €3,024 | €11,899 | ▲ 294% |
| Credit institutions430/8 | - | €3,024 | €11,899 | ▲ 294% |
| Trade debts44 | €4,149 | €38,457 | €104,056 | ▲ 171% |
| Suppliers440/4 | €4,149 | €38,457 | €104,056 | ▲ 171% |
| Taxes, remuneration and social security45 | €18,345 | €35,405 | €83,432 | ▲ 136% |
| Taxes450/3 | €1,230 | €5,556 | €31,114 | ▲ 460% |
| Remuneration and social security454/9 | €17,115 | €29,849 | €52,319 | ▲ 75.3% |
| Other amounts payable47/48 | €1,956 | €319 | €1,991 | ▲ 524% |
| Accrued charges and deferred income492/3 | - | €694 | €63 | ▼ 91.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€97,418 | -€81,442 | -€138,119 | ▼ 69.6% |
| + Depreciation and write-downs630 | €35,570 | €65,661 | €143,052 | ▲ 118% |
| Operating cash flow (approximation) | -€61,849 | -€15,781 | €4,933 | ▲ 131% |
| Investment in fixed assets (approximation) | - | -€173,911 | -€390,114 | ▼ 124% |
| Change in cash | - | -€18,439 | €350,975 | ▲ 2,003% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
27-12
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 19-12-2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€138,119
Net result drops to -€138,119, the lowest in the series.
31-12
Financial
Equity above €1mEq €1.4m ▲251%
Equity rises from €405,689 to €1.4m.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ottignies-Louvain-la-Neuve · 2 establishment units since 2020
Ground area
4.5 ha
Building footprint
1.7 ha
Volume, LiDAR
177,439 m³
2 parcels, Brussels, Wallonia · tallest building 34.9 m, ±7 floors. Linked by address, not a title deed.
123
companies at this address
See who is registered here
2 establishment units
Flowchase
since 20202.308.393.033
Flowchase
since 20222.333.875.923
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0152/00N000 | Wallonia | 4.0 ha | 1 · 1.2 ha | 34.9 m · 2 fl. |
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALESSIA BONOMINI CHAUSSEE DE BRUXELLES 10,
1490 COURT-SAINT-ETIENNE |
19-12-2024 → present |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 6,596 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Contact
Website
www.flowchase.app/
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.