Financials
- Financial year
- 2025
- Total assets
- €2.3m
- Profit
- €131,953
- Solvency
- 33.0%
Total assets▲ 5.9%
Net result
20192025
Flowtrack
ActiveSummary
Flowtrack has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €759,603 and a net result of €131,953. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 50% of 105 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Water transport
NACE 50200Travel agency activities NACE 79110
10th largest company by total assets in East Flanders, Water transport sector1 site
Size
€2.3mtotal assets 2025
- Staff
- 2.2 FTE
- Equity
- €759,603
- Profit
- €131,953
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- Fernweh · 30%
- KrommejongDirector · permanent representative Roeland Nyssen
2025 accounts 34 days early2 of 11 deeds summarised
Why 94lowers riskSize: 2.2 FTE, total assets €2.3mFigures for financial year 2025 (filed 27-03-2026)Liquidity: current ratio 1.36, cash €455,010Sector: Water transport (NACE 50)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 50, micro)
Financial strength · tick = 2024
Average
Solvency
58-1
equity 33.0% of total assets
Liquidity
39-1
short-term debt 67.0% · cash 19.8%
Profitability
76+1
return on assets 5.7%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 0.1%▼ -0.2 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: 0.2%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.36, compared with 1.42 in 2024, below the usual 1.5; short-term debt: 67% and cash: 19.8% of total assets), and 67% of the assets are financed with debt and provisions.
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 50, micro): better than 46% on solvency, 26% on liquidity, 67% on profitability and 54% on growth.
The bankruptcy probability was computed on 26-10-2026 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
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 days early
2024
57 days early
2023
5 days early
2022
38 days early
2021
1 day early
2020
3 days late
2019
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 50) for financial year 2024 is 3 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end27-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Appointment: Krommejong BV (director)Permanent representative: Roeland Nyssen
Key points
- Positive: 10th largest company by total assets in East Flanders, Water transport sectorin the Checked rankings No. 10 View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
- Positive: 5 profitable years in a rowprofit 2025: €131,953 5 years View
- Flemish supportawarded from 2022 to 2024 €70,497 View
By topic
Board & ownership
- Board
- 1 member
- Largest shareholder
- Fernweh · 30%
- KrommejongDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 27
- Since
- 2007
- Next accounts
- by 30-04-2027
- 25-06-2024Registered office
- 25-04-2024Annual accounts filed
- 23-03-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Water transportNACE 50200
- Founded
- 09-11-2005
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Key facts about Flowtrack
- What is the company number of Flowtrack?
- 0877.176.344. In Belgium the VAT number is the company number with BE in front: BE 0877.176.344.
- Where is Flowtrack based?
- The registered office is at Stationsplein 41, 9160 Lokeren.Company details
- What does Flowtrack do?
- According to the KBO register, the main activity is water transport (NACE 50200).
- What is the legal form of Flowtrack?
- Private limited company (BV).
- When was Flowtrack founded?
- On 09-11-2005.
- Is Flowtrack still active?
- Yes, Flowtrack is an active enterprise in the KBO register.
- How many employees does Flowtrack have?
- On average 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Flowtrack?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Flowtrack profitable?
- In financial year 2025, Flowtrack made a profit of €131,953.
- Where can I find the annual accounts of Flowtrack?
- Flowtrack filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flowtrack due?
- By 30-04-2027, for financial year 2026.Timeline
Companies related to Flowtrack
Shareholders
- Fernweh30%
- Leleux30%
- REAL WORLD20%
- Krommejong10%
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- FIZAINENivelles
- LekenneBierbeek
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