GO FLOW
ActiveSummary
GO FLOW has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,342 and a net result of €23,342. Its solvency ranks better than 23% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its 2024 accounts 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,275 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 | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €284,787 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,394 |
| Other operating charges640/8 | €1,541 |
| Gross operating margin9900 | €326,520 |
| Operating profit (loss)9901 | €37,798 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €2,160 |
| Recurring financial charges65 | €2,160 |
| Profit (loss) for the period before taxes9903 | €35,639 |
| Income taxes67/77 | €12,297 |
| Profit (loss) for the period9904 | €23,342 |
| Profit (loss) for the period to be appropriated9905 | €23,342 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €143,018 | |
| Fixed assets21/28 | €6,302 | |
| Tangible fixed assets22/27 | €5,802 | |
| Furniture and vehicles24 | €5,802 | |
| Financial fixed assets28 | €500 | |
| Current assets29/58 | €136,716 | |
| Amounts receivable within one year40/41 | €64,126 | |
| Trade receivables40 | €64,126 | |
| Cash at bank and in hand54/58 | €71,773 | |
| Deferred charges and accrued income490/1 | €816 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €143,018 | |
| Equity10/15 | €43,342 | |
| Contributions10/11 | €20,000 | |
| Reserves13 | €23,342 | |
| Distributable reserves133 | €23,342 | |
| Amounts payable17/49 | €99,676 | |
| Amounts payable within one year42/48 | €97,232 | |
| Trade debts44 | €30,385 | |
| Suppliers440/4 | €30,385 | |
| Taxes, remuneration and social security45 | €66,847 | |
| Taxes450/3 | €40,076 | |
| Remuneration and social security454/9 | €26,771 | |
| Accrued charges and deferred income492/3 | €2,444 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €23,342 |
| + Depreciation and write-downs630 | €2,394 |
| Operating cash flow (approximation) | €25,736 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
28-07
State Gazette act
Resignations: Ben Praet, Herman De Boeck and 2 othersAppointments: FLOW, BIMVEST HOLDING and Loïc De Mulder · Permanent representative: Bruno De Mulder11 facts ▸
- General meeting, 08-05-2026
- Director resignation, Ben Praet (director)
- Director resignation, Herman De Boeck (director)
- Director resignation, Bruno De Mulder (director)
- Director resignation, FLOW (managing director)
- Director appointment, FLOW (director)
- Director appointment, BIMVEST HOLDING (director)
- Director appointment, Loïc De Mulder (director)
- Permanent representative, Bruno De Mulder (permanent representative)
- Board meeting, 09-05-2026
- Director appointment, FLOW (day-to-day manager)
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 3
Day-to-day management 1
Permanent representatives 2
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051B0101/00T003 | Flanders | 641 m² | 1 · 128 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| FLOW |
|
| Loïc De Mulder |
|
| BIMVEST HOLDING |
|
| Ben Praet |
|
| Bruno De Mulder |
|
| Herman De Boeck |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.