FLOWING WAKEFULNESS
Open bankruptcyA bankruptcy procedure is open for FLOWING WAKEFULNESS according to publications in the Belgian State Gazette; curator: GEERT VAN DEYCK.
Summary
The 2024 annual accounts show equity of €15k and a net result of €16k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
2 d late
2022
60 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k
2023 · €-809
2020: €-9k
2021: €-16k
2022: €19k
2023: €-809
2020 → 2024
Total assets
€89k▼ 24.6%
2023 · €118k
2020: €37k
2021: €47k
2022: €204k
2023: €118k
2020 → 2024
Net result
€16k
2023 · €-20k
2020: €-34k
2021: €-7k
2022: €35k
2023: €-20k
2020 → 2024
Working capital
€15k
2023 · €-5k
2020: €-9k
2021: €-21k
2022: €14k
2023: €-5k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-9k-€-16k▼ 75.7%€19k€-809€15k
Operating result€-34k-€-4k▲ 88.8%€42k€-13k€27k
Net result€-34k-€-7k▲ 79.6%€35k€-20k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €27k after a loss of €13k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€3k ▼ 25.2%
Current assets
€86k ▼ 24.6%
Equity and liabilities €89k
Equity
€15k
Debt
€74k
Debt finances 83.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€30k▲
2023 · €-10k
Cash flow
€18k▲
2023 · €-17k
Current ratio
1.21▲
2023 · 0.96
Quick ratio
1.14▲
2023 · 0.92
Debt to equity
4.98
ROE
105.4%
ROA
17.6%▲
2023 · -16.9%
Interest coverage
2.71▲
2023 · -1.33
Debt ≤ 1 year
€71k▼
2023 · €119k
Income taxes
€738
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€118k€89k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€35€35=
Current assets29/58€114k€86k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€87k€53k▼
Trade receivables40€86k€51k▼
Other amounts receivable41€1k€2k▲
Current investments50/53€0-
Cash at bank and in hand54/58€21k€28k▲
Equity and liabilities
Total equity and liabilities10/49€118k€89k▼
Equity10/15€-809€15k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-26k€-10k▲
Amounts payable17/49€119k€74k▼
Amounts payable within one year42/48€119k€71k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€110k€60k▼
Suppliers440/4€110k€60k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€8k€10k▲
Other amounts payable47/48€549€349▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€523€3k▲
Gross operating margin9900€-9k€32k▲
Operating profit (loss)9901€-13k€27k▲
Financial income75/76B€39€139▲
Recurring financial income75€39€139▲
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-20k€16k▲
Income taxes67/77-€738
Profit (loss) for the period9904€-20k€16k▲
Profit (loss) for the period to be appropriated9905€-20k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-10k▲
Profit (loss) brought forward from the previous period14P€-6k€-26k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · FLOWING WAKEFULNESS BV WILLEM ROSIERSTRAAT 35, 2800 MECHELEN · event 06-07-2026
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €35k
Net result €35k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2019
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.
Willem Rosierstraat 352800 MechelenGround area
111 m²
Building footprint
77 m²
Volume, LiDAR
762 m³
Parcel 12403D0009/00B003, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FLOWING WAKEFULNESS
since 20192.294.028.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0009/00B003 | Flanders | 111 m² | 1 · 77 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GEERT VAN DEYCK CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
06-07-2026 → present |
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Of 6,728 companies in sector 93299 we hold annual accounts for 1,168. 750 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.