flowTAB
ActiveSummary
The annual accounts of flowTAB for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €16,008 and a net result of -€20,613. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 31% of 21,120 sector peers (NACE 62, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €16,008
- Loss
- -€20,613
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €20,613, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €44,051Figures for financial year 2025 (filed 29-08-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 33% on solvency, 19% on liquidity, 5% on profitability and 13% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 8 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€20,613
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00446829.
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €18,593 after €2,505 in 2024, the lowest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,223 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,979 | €4,770 | €4,417 | ▼ 7.4% |
| Other operating charges640/8 | €1,143 | €318 | €520 | ▲ 63.4% |
| Gross operating margin9900 | €52,965 | €7,593 | -€13,657 | - |
| Operating profit (loss)9901 | €45,843 | €2,505 | -€18,593 | - |
| Financial income75/76B | €42 | €20 | €39 | ▲ 91.3% |
| Recurring financial income75 | €42 | €20 | €39 | ▲ 91.3% |
| Financial charges65/66B | €2,772 | €2,008 | €1,898 | ▼ 5.5% |
| Recurring financial charges65 | €2,772 | €2,008 | €1,898 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | €43,113 | €517 | -€20,452 | - |
| Income taxes67/77 | €9,056 | €853 | €161 | ▼ 81.1% |
| Profit (loss) for the period9904 | €34,057 | -€335 | -€20,613 | ▼ 6,047% |
| Profit (loss) for the period to be appropriated9905 | €34,057 | -€335 | -€20,613 | ▼ 6,047% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €50,359 | €41,534 | €44,051 | ▲ 6.1% |
| Fixed assets21/28 | €13,313 | €10,319 | €5,902 | ▼ 42.8% |
| Tangible fixed assets22/27 | €13,313 | €10,319 | €5,902 | ▼ 42.8% |
| Furniture and vehicles24 | €8,710 | €6,460 | €2,786 | ▼ 56.9% |
| Other tangible fixed assets26 | €4,603 | €3,859 | €3,116 | ▼ 19.3% |
| Current assets29/58 | €37,046 | €31,215 | €38,149 | ▲ 22.2% |
| Amounts receivable within one year40/41 | €16,829 | €1,111 | €26,574 | ▲ 24× |
| Trade receivables40 | €15,885 | - | €26,574 | - |
| Other amounts receivable41 | €944 | €1,111 | - | - |
| Cash at bank and in hand54/58 | €757 | €17,447 | €4,499 | ▼ 74.2% |
| Deferred charges and accrued income490/1 | €19,460 | €12,657 | €7,076 | ▼ 44.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €50,359 | €41,534 | €44,051 | ▲ 6.1% |
| Equity10/15 | €36,957 | €36,621 | €16,008 | ▼ 56.3% |
| Contributions10/11 | €4,500 | €4,500 | €4,500 | = |
| Reserves13 | €32,457 | €32,121 | €11,508 | ▼ 64.2% |
| Distributable reserves133 | €32,457 | €32,121 | €11,508 | ▼ 64.2% |
| Amounts payable17/49 | €13,402 | €4,913 | €28,043 | ▲ 471% |
| Amounts payable after more than one year17 | €4,500 | - | €10,000 | - |
| Financial debts170/4 | €4,500 | - | €10,000 | - |
| Amounts payable within one year42/48 | €8,839 | €4,913 | €17,855 | ▲ 263% |
| Trade debts44 | €629 | €1,196 | €2,964 | ▲ 148% |
| Suppliers440/4 | €629 | €1,196 | €2,964 | ▲ 148% |
| Taxes, remuneration and social security45 | €3,694 | €1,302 | €11,264 | ▲ 765% |
| Taxes450/3 | €3,694 | €1,302 | €11,264 | ▲ 765% |
| Other amounts payable47/48 | €4,515 | €2,416 | €3,627 | ▲ 50.1% |
| Accrued charges and deferred income492/3 | €64 | - | €188 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,057 | -€335 | -€20,613 | ▼ 6,047% |
| + Depreciation and write-downs630 | €5,979 | €4,770 | €4,417 | ▼ 7.4% |
| Operating cash flow (approximation) | €40,036 | €4,435 | -€16,197 | - |
| Investment in fixed assets (approximation) | - | -€1,776 | €0 | - |
| Change in cash | - | €16,689 | -€12,947 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00446829 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00199818 |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00376732 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MOERMAN Thomas Etienne Claude |
|
Owners and capital
Capital and shareholders
- MOERMAN Thomas Etienne Claude 100 shares (100%) · €4,500 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-05-2022 Incorporation · €4,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
27-05
Gazette deed
IncorporationAppointment: MOERMAN Thomas Etienne Claude (director) · Founder · Founding capital6 facts ▸
- Incorporation, 17-05-2022
- Founder, MOERMAN Thomas Etienne Claude (shareholder)
- Founding capital, €4,500
- Director appointment, MOERMAN Thomas Etienne Claude (director)
- Other provision, “geen beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in haar naam en voor haar rekening gesteld voor oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11463D0439/00F003 | Flanders | 281 m² | 1 · 60 m² | 8.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FlowTAB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2610 Antwerpen-Wilrijk,Volkenrenlaan 41” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, aantal,duur opdracht,bevoegdheid indien meerdere” (deed in Dutch)
- Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
- “Vaste vertegenwoordiger” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 19:00