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Flownet

Active
Private limited companyfounded 20233 yrs activeZwalmkouter 19, 9320 Aalst, BelgiumKBO/BCE: BE 0804.468.510

Flownet has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €40k. Equity is growing by ~81.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
92 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 1.96 in 2024; short-term debt: 22.4% and cash: 29.1% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
77.6%
Return on assets
34.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
70 d early
2024
44 d early
2023
6 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€92k▲ 75.9%
2024 · €52k
2023: €6k 2024: €52k
2023 → 2025
Total assets
€118k▲ 51.5%
2024 · €78k
2023: €42k 2024: €78k
2023 → 2025
Net result
€40k▼ 13.3%
2024 · €47k
2023: €4k 2024: €47k
2023 → 2025
Working capital
€62k▲ 155%
2024 · €24k
2023: €2k 2024: €24k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€6k-€52k▲ 713%€92k▲ 75.9%
Operating result€7k-€63k▲ 764%€54k▼ 13.3%
Net result€4k-€47k▲ 996%€40k▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €7k€7kNet result 2023: €4k€4kOperating result 2024: €63k€63kNet result 2024: €47k€47kOperating result 2025: €54k€54kNet result 2025: €40k€40k202320242025
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets €30k▲ 5.5%
Current assets €89k▲ 77.6%
Equity and liabilities €118k
Equity €92k▲ 75.9%
Debt €27k▲ 2.4%
The debt ratio falls from 33.2% to 22.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61k
2024 · €67k
Cash flow
€47k
2024 · €51k
Solvency
77.6%
2024 · 66.8%
Current ratio
3.34
2024 · 1.96
Quick ratio
3.34
2024 · 1.96
Debt / equity
0.29
2024 · 0.50
ROE
44.0%
2024 · 89.3%
ROA
34.2%
2024 · 59.7%
Interest coverage
17.64
2024 · 17.14
Debt
€27k
2024 · €26k
Debt ≤ 1 year
€27k
2024 · €25k
Income taxes
€10k
2024 · €12k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€78k€118k
Fixed assets21/28€28k€30k
Tangible fixed assets22/27€28k€30k
Furniture and vehicles24€7k€9k
Other tangible fixed assets26€21k€21k
Current assets29/58€50k€89k
Amounts receivable within one year40/41€25k€40k
Trade receivables40€24k€38k
Other amounts receivable41€625€3k
Current investments50/53-€13k
Cash at bank and in hand54/58€25k€34k
Deferred charges and accrued income490/1€227€737
Equity and liabilities
Total equity and liabilities10/49€78k€118k
Equity10/15€52k€92k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€49k€89k
Amounts payable17/49€26k€27k
Amounts payable within one year42/48€25k€27k
Financial debts43€270€3k
Credit institutions430/8€270€3k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Taxes, remuneration and social security45€21k€19k
Taxes450/3€21k€19k
Other amounts payable47/48€2k€583
Accrued charges and deferred income492/3€400€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k
Other operating charges640/8-€284
Gross operating margin9900€67k€61k
Operating profit (loss)9901€63k€54k
Financial income75/76B-€21
Recurring financial income75-€21
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€59k€51k
Income taxes67/77€12k€10k
Profit (loss) for the period9904€47k€40k
Profit (loss) for the period to be appropriated9905€47k€40k
Appropriation of the result
Profit (loss) to be appropriated9906€50k€90k
Profit (loss) brought forward from the previous period14P€3k€49k
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2023net €47k ▲996%
Operating result €63k, net result €47k, both a record.
06-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Aalst · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Zwalmkouter 199320 Aalst
Ground area
753 m²
Building footprint
132 m²
Volume, LiDAR
734 m³
Parcel 41342B0865/00B002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Flownet
Zwalmkouter 19, 9320 AalstRetail trade
since 20232.348.750.674
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B0865/00B002 Flanders 753 m² 1 · 132 m² 10.2 m · 2 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.

Recognitions · licences · registrations

Legal Entity Identifier

89450077WJ85LUJBZQ89
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,595 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-08-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
82990Other business support services
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.