Lower net result than 95% of companies in retail trade. Sector median €4,763 · 25,208 companies.
Turnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 7,637 companies had the same profile as Flowex has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
Micro
2 to 5 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,637 companies, not a prediction for Flowex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011375844
Registered office moved within Antwerp
New registered office: Sint-Jacobsmarkt 92-94, 2000 Antwerpen · Previous registered office: Hoogstraat 52, 2000 Antwerpen · General meeting of 17-04-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 11-07-2024 · Gazette deed
First establishment
Sint-Jacobsmarkt 92-94, Antwerp
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Flowex: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €75,200 and €111,000, founded in 2024.
The 2025 annual accounts show negative equity (-€44,139) and a net result of -€47,139. Its solvency ranks better than 12% of 25,237 sector peers (NACE 47, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
micro format, filed on 30-12-2025, 32 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €85,713 on 30-06-2025
What the company ownsHow it is paid for
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
-44,634
-44,634
81,700
-123,334
-51.5%
0.05
-55.0%
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
30-06-2025
Tangible fixed assets
€71,530
Financial fixed assets
€10,170
€2,505
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Flowex
Equity is negative. Debt (€129,851) exceeds the balance-sheet total (€85,713).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Name hiddenVisible after signing in
Director
appointed by deed of 11-07-2024term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20242025202620272028
Hidden nameVisible after signing in Director
Board
Mandates as a list
Name after signing inVisible after signing in
Director, appointed by deed of 11-07-2024, still in office
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering kan statutair en niet-statutair mandaat te allen tijde zonder redenen met onmiddellijke ingang beeindigen, met of…”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Op naam, register aandelen op naam met WVV-vermeldingen”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of December at 14:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…”
Name hiddenVisible after signing in50 shares (50%) · €1,500
Hidden nameVisible after signing in50 shares (50%) · €1,500
Network & group
No group
Flowex has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. Flowex shares no director with another company.
Timeline
Timeline
5 events since 2024
Filings
Establishments
Address
202420252026
2025
Annual accounts 2025 filedNBB ↗micro format · 32 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011375844
Registered office moved within AntwerpNew registered office: Sint-Jacobsmarkt 92-94, 2000 Antwerpen · Previous registered office: Hoogstraat 52, 2000 Antwerpen · General meeting of 17-04-20252 points ▸
IncorporationFounding capital of €3,000, 100 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 11-07-20246 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 9 July 2024, Flowex was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12In 2025 the registered office moved to Antwerp.3Name hiddenVisible after signing in is director of the company, appointed by deed of 11-07-2024.2
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbating van een dagwinkel; Uitbating van detailhandel (winkel); Uitbating van supermarkt; Verkopen van geschenken; Groente- en…”
37 activities
Uitbating van een dagwinkel;
Uitbating van detailhandel (winkel);
Uitbating van supermarkt;
Verkopen van geschenken;
Groente- en fruitwinkel;
Buurtwinkel;
Krantenwinkel;
Import en export,klein- en groothandel van diverse handelsgoederen,zowel food als non-food producten;
Het uitbaten van een telefoonwinkel,een internetcafé,de import- en export,de aan- en verkoop,de groot- en kleinhandel,de research,de ontwikkeling en productie van hard- en software,computers en toebehoren,telefoontoestellen,gsm’s en alle aanverwante artikelen,alle elektrische en elektronische apparaten alsook hun toebehoren;
Uitbating van een dagbladhandel;
Uitbating van een telefoonwinkel;
Uitbating van een taverne;
Uitbating van een restaurant;
Uitbating van een snackbar;
Handel van goederen zonder nadere specificatie;
Bemiddeling in de verkoop van goederen;
Uitbaten van een horecazaak: restaurant,snackbar,broodjeszaak,frituur,pitarestaurant,café,bar,taverne,en alle aanverwante activiteiten;
Verkoop van pita’s,pizza’s,belegde broodjes,sandwiches,gebakjes,koffiekoeken,taartjes,croques,wafels,pannenkoeken,frisdranken,alcoholische dranken,,enz. zowel voor consumptie ter plaatse als om mee te nemen en/of thuisbezorging;
Verkoop aan de toog van eetwaren en dranken die ook ter plaatse verbruikt kunnen worden en,in het algemeen in een wegwerpverpakking aangeboden worden in snelbuffetten zoals snackbars,sandwichbars,hamburgerrestaurants,frietkramen,hotdoginstallaties,pitarestaurants,pizzeria’s,ijssalons,tea-rooms,enz.;
Detailhandel in allerlei producten via het internet (e-commerce);
De bemiddeling bij de aan- en verkoop van bedrijven,aan- en verkoop van handelsfondsen.
Het bemiddelen als tussenpersoon in de handel op commissie of onder een handelsagentuur in alle mogelijke artikelen en activiteiten zonder enige beperking.
De activiteiten van een holdingvennootschap,het verwerven,beheren en vervreemden van deelnemingen en participaties in alle bestaande of nog op te richten vennootschappen,ook deze met een verschillend maatschappelijk doel,alsook alle investerings- en financiële verrichtingen,behalve deze voorbehouden aan deposito- en spaarbanken.
Het waarnemen en uitoefenen van allerhande bestuursopdrachten en mandaten.
Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het kapitaal,enz.;
Verhuur van roerende en onroerende goederen.
Aan- en verkoop roerende en onroerende goederen;
Aan- en verkoop van menigvuldige goederen.
Het verkopen op commissie.
Tussenpersoon in de handel.
Managementbeheer.
Handelsbemiddeling.
Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen; de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen;
Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verplichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm; in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
Alle vormen van consultancy en adviesverlening,voor zover deze niet voorbehouden zijn aan de gereglementeerde beroepen,tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake;