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FlowDynamic

Open bankruptcy
Private limited company (pre-2019)founded 1991Franklin Rooseveltplaats 12, 2060 Antwerpen, Belgium76 active companies are registered at this addressKBO/BCE: BE 0442.468.072

A bankruptcy procedure is open for FlowDynamic according to publications in the Belgian Official Gazette; trustee: Steven Van Meensel.

Summary

The 2014 annual accounts show negative equity (-€8,911) and a net result of €25,366.

FlowDynamicOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Commercial Court of Antwerp, Antwerp division
Declared bankrupt
25 September 2018
Supervising judge
Bert De Greef
Official Gazette
31-10-2018 (pdf) ↗search the document for 2018/145038

Deadlines

Provisional date payments stopped
25 September 2018A later judgment can change the date.art. XX.105, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 25 October 2018art. XX.104 and XX.155, Code of Economic Law
Appeal or third-party opposition until
passed on 15 November 2018Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
First verification report
passed on 23 November 2018Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 25 September 2019A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Steven Van MeenselPaleisstraat 12-14, 2018 Antwerpen 1steven@vanmeensel-advocaten.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
€8,553total assets 2014
Equity
-€8,911
Profit
€25,366
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 6 deeds read
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningCommercial Court of Antwerp, Antwerp…
  2. OpeningCommercial Court of Antwerp, Antwerp…
  3. Annual accounts filedfinancial year 2014 · abbreviated…

Financials · financial year 2014, abbreviated format

Equity
-€8,911▲ 74.0%
2013 · -€34,276
Total assets
€8,553▼ 35.5%
2013 · €13,261
Net result
€25,366
2013 · -€536
Working capital
-€8,911▲ 72.3%
2013 · -€32,205
Trend over the years

2010 to 2014, 5 financial years 2010 to 2014, 5 financial years

The operating result returns to profit in 2014: €32,121 after a loss of €446 in 2013, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€32,121 2014 Net result€25,366 2014

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20102011201220132014
Operating result-€3,434--€1,342▲ 60.9%-€509▲ 62.1%-€446▲ 12.4%€32,121
Net result-€3,379--€1,427▲ 57.8%-€598▲ 58.1%-€536▲ 10.4%€25,366
Equity-€31,715--€33,142▼ 4.5%-€33,740▼ 1.8%-€34,276▼ 1.6%-€8,911▲ 74.0%
Total assets€2,063-€974▼ 52.8%€867▼ 11.0%€13,261▲ 1,430%€8,553▼ 35.5%
Debt€33,778-€34,116▲ 1.0%€34,607▲ 1.4%€47,537▲ 37.4%€17,464▼ 63.3%
Working capital-€32,903--€33,899▼ 3.0%-€34,497▼ 1.8%-€32,205▲ 6.6%-€8,911▲ 72.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Key figures and ratios
2014 value · change against 2013
EBITDA
€32,550▲
2013 · -€118
Cash flow
€25,794▲
2013 · -€208
Solvency
-104.2%▲
2013 · -258.5%
Current ratio
0.49▲
2013 · 0.28
ROA
296.6%▲
2013 · -4.0%
Debt ≤ 1 year
€17,464▼
2013 · €45,037
Income taxes
€6,504▲
2013 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2014 against 2013 · 23 lines
Balance sheet Code20132014
Assets
Total assets20/58€13,261€8,553▼
Fixed assets21/28€429-
Tangible fixed assets22/27€429-
Current assets29/58€12,832€8,553▼
Amounts receivable within one year40/41€10,476€7▼
Cash at bank and in hand54/58€2,356€8,546▲
Equity and liabilities
Total equity and liabilities10/49€13,261€8,553▼
Equity10/15-€34,276-€8,911▲
Contributions10/11€18,750€18,750=
Profit (loss) carried forward14-€53,026-€27,661▲
Amounts payable17/49€47,537€17,464▼
Amounts payable after more than one year17€2,500-
Amounts payable within one year42/48€45,037€17,464▼
Trade debts44€10,257€127▼
Income statement Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€328€429▲
Gross operating margin9900€686€33,148▲
Operating profit (loss)9901-€446€32,121▲
Recurring financial income75€2€14▲
Recurring financial charges65€91€266▲
Profit (loss) for the period before taxes9903-€535€31,869▲
Income taxes67/77€1€6,504▲
Profit (loss) for the period9904-€536€25,366▲
Profit (loss) for the period to be appropriated9905-€536€25,366▲
Line20102011201220132014Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,117€867-€328€429▲ 30.7%
Gross operating margin9900-€1,569€290-€43€686€33,148▲ 4,732%
Operating profit (loss)9901-€3,434-€1,342-€509-€446€32,121-
Recurring financial income75€51-€4€2€14▲ 604%
Recurring financial charges65€85€85€93€91€266▲ 192%
Profit (loss) for the period before taxes9903-€3,468-€1,427-€598-€535€31,869-
Income taxes67/77-€89--€1€6,504▲ 650,253%
Profit (loss) for the period9904-€3,379-€1,427-€598-€536€25,366-
Profit (loss) for the period to be appropriated9905-€3,379-€1,427-€598-€536€25,366-
Line20102011201220132014Change
Assets
Total assets20/58€2,063€974€867€13,261€8,553▼ 35.5%
Fixed assets21/28€1,674€757€757€429--
Intangible fixed assets21€167-----
Tangible fixed assets22/27€1,457€757€757€429--
Financial fixed assets28€50-----
Current assets29/58€389€217€110€12,832€8,553▼ 33.3%
Amounts receivable within one year40/41€158€15€97€10,476€7▼ 99.9%
Cash at bank and in hand54/58€231€202€13€2,356€8,546▲ 263%
Equity and liabilities
Total equity and liabilities10/49€2,063€974€867€13,261€8,553▼ 35.5%
Equity10/15-€31,715-€33,142-€33,740-€34,276-€8,911▲ 74.0%
Contributions10/11€18,750€18,750€18,750€18,750€18,750=
Profit (loss) carried forward14-€50,465-€51,892-€52,490-€53,026-€27,661▲ 47.8%
Amounts payable17/49€33,778€34,116€34,607€47,537€17,464▼ 63.3%
Amounts payable after more than one year17---€2,500--
Amounts payable within one year42/48€33,292€34,116€34,607€45,037€17,464▼ 61.2%
Trade debts44-€144-€10,257€127▼ 98.8%
Line20102011201220132014Change
Profit (loss) for the period9904-€3,379-€1,427-€598-€536€25,366-
+ Depreciation and write-downs630€1,117€867-€328€429▲ 30.7%
Operating cash flow (approximation)-€2,262-€560-€598-€208€25,794-
Investment in fixed assets (approximation)-€50€0€0--
Change in cash--€29-€189€2,343€6,190▲ 164%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-12-2014 abbreviated format 07-06-2016 2016-16800199
31-12-2013 abbreviated format 22-08-2014 2014-45500569
31-12-2012 abbreviated format 22-08-2013 2013-44100595
31-12-2011 abbreviated format 26-09-2012 2012-57500017
31-12-2010 abbreviated format 29-08-2011 2011-44700180
31-12-2009 abbreviated format 03-07-2010 2010-25100162
31-12-2008 abbreviated format 01-07-2009 2009-32400306
31-12-2007 abbreviated format 26-08-2008 2008-60800156
31-12-2006 abbreviated format 28-08-2007 2007-61300054
31-12-2005 abbreviated format 05-07-2006 2006-39803257

Show all 24 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,849 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,789. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Steven Van Meensel
Paleisstraat 12-14, 2018 Antwerpen 1
25-09-2018 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

FlowDynamic was incorporated on 2 January 1991.1 Total assets rose from €2,063 in 2010 to €8,553 in 2014.2 On 25 September 2018 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2010 and 2014
  3. 3Belgian Official Gazette, 31-10-2018

Acts, filings and financial milestones

2018
31-10
Bankruptcy Opening
Commercial Court of Antwerp, Antwerp division · judgment of 25-09-2018
17-10
Bankruptcy Opening
Commercial Court of Antwerp, Antwerp division · judgment of 25-09-2018
2016
07-06
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 312 days late
2014
31-12
Financial Back to profitnet €25,366
Net result €25,366 after 4 loss-making years.
22-08
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 22 days late
2013
22-08
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 22 days late
2012
26-09
NBB filing Annual accounts filed
financial year 2011 · abbreviated format · 57 days late
2011
29-08
NBB filing Annual accounts filed
financial year 2010 · abbreviated format · 29 days late
2010
03-07
NBB filing Annual accounts filed
financial year 2009 · abbreviated format
2009
01-07
NBB filing Annual accounts filed
financial year 2008 · abbreviated format
2008
26-08
NBB filing Annual accounts filed
financial year 2007 · abbreviated format · 26 days late
2007
28-08
NBB filing Annual accounts filed
financial year 2006 · abbreviated format · 28 days late
2006
05-07
NBB filing Annual accounts filed
financial year 2005 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
0 of 6 deeds read
About the unread acts

We know of 6 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded02-01-1991
Financial year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 16 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
916 m²
Building footprint
900 m²
Building volume
27,185 m³
Parcel 11808H1243/00H004, Flanders · tallest building 39.4 m. Linked by address, not a title deed.
76 companies at this address See who is registered here
1 establishment unit
FlowDynamic
Franklin Rooseveltplaats 12, 2060 AntwerpenComputer consultancy and computer facilities management
since 1991unit no. 2.051.224.950
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11808H1243/00H004 Flanders 916 m² 1 · 900 m² 39.4 m · 12
How the parcels are linked
Good to know
The parcel matches the address exactly.