Flowtec IT
ActiveThe computed 12-month bankruptcy probability of Flowtec IT is 1.7% (moderate). The 2025 annual accounts show equity of €467k and a net result of €253k. Equity is growing by ~92.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 217 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency78▲+28
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.41 in 2024; short-term debt: 42.8% and cash: 16.9% of total assets), and 47.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.7%
Return on assets
28.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
18 d early
2024
3 d early
2023
25 d early
2022
73 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€253k▲ 136%
2024 · €107k
2022: €104k
2023: €52k
2024: €107k
2022 → 2025
Working capital
€502k▲ 100%
2024 · €251k
2022: €63k
2023: €90k
2024: €251k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€75k-€106k▲ 41.4%€214k▲ 101%€467k▲ 118%
Operating result€143k-€76k▼ 47.1%€153k▲ 102%€331k▲ 116%
Net result€104k-€52k▼ 49.4%€107k▲ 105%€253k▲ 136%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 116% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €887k
Fixed assets
€5k▲ 19.0%
Current assets
€881k▲ 1.7%
Equity and liabilities €887k
Equity
€467k▲ 118%
Debt
€420k▼ 36.2%
The debt ratio falls from 75.5% to 47.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€331k▲
2024 · €153k
Cash flow
€254k▲
2024 · €108k
Solvency
52.7%▲
2024 · 24.5%
Current ratio
2.32▲
2024 · 1.41
Quick ratio
2.32▲
2024 · 1.41
Debt / equity
0.90▼
2024 · 3.07
ROE
54.2%▲
2024 · 50.2%
ROA
28.6%▲
2024 · 12.3%
Interest coverage
37.21▲
2024 · 25.54
Debt
€420k▼
2024 · €657k
Debt ≤ 1 year
€379k▼
2024 · €616k
Income taxes
€76k▲
2024 · €40k
Staff costs
€238k▼
2024 · €367k
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€871k€887k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€160€1k▲
Furniture and vehicles24€160€1k▲
Financial fixed assets28€4k€4k=
Current assets29/58€867k€881k▲
Amounts receivable within one year40/41€541k€705k▲
Trade receivables40€394k€581k▲
Other amounts receivable41€147k€123k▼
Current investments50/53€38k€18k▼
Cash at bank and in hand54/58€285k€150k▼
Deferred charges and accrued income490/1€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€871k€887k▲
Equity10/15€214k€467k▲
Contributions10/11€10€10=
Reserves13€214k€467k▲
Non-distributable reserves130/1€18k€18k=
Other1319€18k€18k=
Distributable reserves133€196k€450k▲
Amounts payable17/49€657k€420k▼
Amounts payable within one year42/48€616k€379k▼
Trade debts44€481k€241k▼
Suppliers440/4€481k€241k▼
Taxes, remuneration and social security45€134k€137k▲
Taxes450/3€93k€104k▲
Remuneration and social security454/9€41k€33k▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€41k€40k▼
Income statement
Code20242025
Remuneration, social security and pensions62€367k€238k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€401€660▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€522k€571k▲
Operating profit (loss)9901€153k€331k▲
Financial income75/76B€65€7k▲
Recurring financial income75€65€7k▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€147k€329k▲
Income taxes67/77€40k€76k▲
Profit (loss) for the period9904€107k€253k▲
Profit (loss) for the period to be appropriated9905€107k€253k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€253k▲
Transfer to equity691/2€107k€253k▲
To other reserves6921€107k€253k▲
Social balance
Average headcount (FTE)90872.83.3▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2022net €253k ▲136%
Operating result €331k, net result €253k, both a record.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Equity above €200kEq €214k ▲101%
3 profitable years in a row build equity to €214k.
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
28-02
Financial
Weakest financial yearnet €52k ▼49.4%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
28-02
Financial
Equity above €100kEq €106k ▲41.4%
2 profitable years in a row build equity to €106k.
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2021
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.
Louizalaan 1631050 BrusselGround area
349 m²
Building footprint
310 m²
Volume, LiDAR
7,482 m³
Parcel 21807G0089/00A006, Brussels · tallest building 28.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Flowtec IT
since 20212.314.648.939
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00A006 | Brussels | 349 m² | 1 · 310 m² | 28.7 m · 9 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.
Similar companies · same sector, comparable size
PNP MANAGER
BE 0864.022.847
Tongeren-Borgloon · Eq €466k
We and Work
BE 0505.788.583
Antwerpen · Eq €466k
D.K.V.G.
BE 0547.671.502
Namur · Eq €470k
EMBARK
BE 0480.111.594
Destelbergen · Eq €465k
KWAYA
BE 0840.393.944
Kontich · Eq €472k
Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 895 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2021
Fiscal year end31-03
Activities, NACEBEL
78100Employment placement agencies
78200Temporary employment agencies and other provision of personnel
78300Employment activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.
Contact details
2 entriesWebsite:flowtec-engineering.com
E-mail:admin@flowtec-engineering.com