Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Flowplus is 2.2% (moderate). The 2024 annual accounts show equity of €201k and a net result of €84k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 34 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 11-07-2025 | 20 d early | 2025-00257664 |
| 31-12-2023 | 31-07-2024 | 17-07-2024 | 14 d early | 2024-00251853 |
| 31-12-2022 | 31-07-2023 | 24-07-2023 | 7 d early | 2023-00260835 |
| 31-12-2021 | 31-07-2022 | 29-07-2022 | 2 d early | 2022-20244018 |
| 31-12-2020 | 31-07-2021 | 29-07-2021 | 2 d early | 2021-43200222 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.2%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated schema)
EBIT marginNot published (abbreviated schema)
Net result€84k
Working capital€144k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 11-07-2025 with the NBB · fiscal year 2024 · abbreviated schema
| Fiscal year | 2024 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €146k |
| Net profit | €84k |
| Cash flow | €108k |
| Staff costs | €78k |
| Income taxes | €31k |
| Dividends | - |
| Total assets | €608k |
| Equity | €201k |
| Debt | €406k |
| of which ≤ 1y | €330k |
| of which > 1y | €76k |
| Working capital | €144k |
| Employees (FTE) | 1.3 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.44 |
| Quick ratio | 1.20 |
| Working capital ratio | 23.8% |
| Solvency | 33.1% |
| Debt / equity | 2.02 |
| Long-term debt ratio | 0.38 |
| Interest coverage | 20.03 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.8% |
| ROE | 41.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €608k |
| Fixed assets | 21/28 | €133k |
| Intangible fixed assets | 21 | €42 |
| Tangible fixed assets | 22/27 | €130k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €475k |
| Stocks & contracts in progress | 3 | €79k |
| Amounts receivable within one year | 40/41 | €392k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €608k |
| Equity | 10/15 | €201k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €191k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €406k |
| Amounts payable after one year | 17 | €76k |
| Amounts payable within one year | 42/48 | €330k |
| Trade debts payable within one year | 44 | €223k |
| Income statement | ||
| Gross operating margin | 9900 | €227k |
| Operating result | 9901 | €122k |
| Financial income | 75 | €19 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €115k |
| Income taxes | 67/77 | €31k |
| Net result for the period | 9904 | €84k |
| Result to be appropriated | 9905 | €84k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed78
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationFlowplus
since 20202.297.999.977
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area463 m²
Buildings1
Building footprint4,630 m²
Volume (LiDAR)31,038 m³
Tallest building8.0 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0076/00D002 | Flanders | 463 m² | 1 · 4,630 m² | 8.0 m · 2 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts Address history · 3
19-01-2026
v3.2
28-06-2023
v3.2
24-12-2021
v3.2
All acts · 4
updated 7 months ago
2026
19-01-2026 Registered office moved from Stabroek to Aartselaar
- Abtsdreef 143, 2940 Stabroek → Oeyvaersbosch 11, 2630 Aartselaar
Summary:
v3.2
2023
28-06-2023 Registered office moved from Wilrijk to Stabroek
- Jules Moretuslei 340, 2610 Wilrijk → Abtsdreef 143, 2940 Stabroek
Summary:
v3.2
2021
24-12-2021 Registered office moved within Antwerpen
- Vuurmolenstraat 27, 2610 Antwerpen → Jules Moretuslei 340, 2610 Antwerpen
Summary:
v3.2
2020
15-01-2020 Incorporation of a new BV
Summary:
oprichting
Analysis
Financial profile
4 of 5 axes measured81
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
78
Profitability
100
Solvency
62
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 1,450 of the 9,516 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Reparatie en onderhoud van machines33120
Primary activity highlighted.
Names & trade names
| Legal nameNL | Flowplus |
Registered office
Oeyvaersbosch 11
2630 Aartselaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.