Equity
Equity rose in 2025 from €65,874 to €118,392.
Equity rose in 2025 from €65,874 to €118,392.
The micro format states no turnover.
Green is investment, beige is depreciation.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 7 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MFlow Tech. Malle | €274,919 | €77,749 | 43.1% | - |
| ASKO EUROPE Schoten | €253,753 | €80,954 | 56.6% | - |
| Fullsterkur Antwerp | €263,756 | €87,276 | 69.4% | - |
| Pensis Patrick Mechelen | €338,870 | €80,935 | 26.4% | - |
| ACE OFFSHORE Beveren-Kruibeke-Zwijndrecht | €254,568 | €94,782 | 64.0% | - |
| ORIZON ADVISE Hasselt | €253,308 | €83,761 | 70.2% | - |
| DGC Management Middelkerke | €288,155 | €82,356 | 45.9% | - |
These companies have the same main activity as MFlow Tech.: other business support services (NACE 82990). They are comparable in size and age: total assets between €253,000 and €339,000, founded between 2023 and 2024.
MFlow Tech. has a registered holding activity and consists mainly of financial fixed assets. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €118,392 and a net result of €52,518.
Its solvency ranks better than 44% of 9,696 sector peers (NACE 82, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €130,000 and €220,000.
Higher than 44% of 9,696 companies in 2025.
Higher than 61% of 9,438 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
274,919 | 234,148 | |
21/28 |
205,563 | 200,993 | |
22/27 |
5,563 | 993 | |
23 |
794 | 993 | |
24 |
4,769 | - | |
28 |
200,000 | 200,000 | |
29/58 |
69,356 | 33,155 | |
40/41 |
16,588 | 14,520 | |
40 |
16,588 | 14,520 | |
54/58 |
52,104 | 17,933 | |
490/1 |
664 | 701 | |
| Balance sheet: equity and liabilities | |||
10/49 |
274,919 | 234,148 | |
10/15 |
118,392 | 65,874 | |
10/11 |
5,000 | 5,000 | |
13 |
113,392 | 60,874 | |
133 |
113,392 | 60,874 | |
17/49 |
156,527 | 168,274 | |
17 |
69,135 | 103,907 | |
170/4 |
69,135 | 103,907 | |
42/48 |
87,294 | 64,367 | |
42 |
34,772 | 33,556 | |
44 |
1,521 | 1,153 | |
440/4 |
1,521 | 1,153 | |
45 |
42,049 | 23,128 | |
450/3 |
42,049 | 23,128 | |
47/48 |
8,951 | 6,530 | |
492/3 |
99 | - | |
| Income statement | |||
9900 |
77,749 | 82,609 | |
630 |
757 | 4 | |
640/8 |
684 | 321 | |
9901 |
76,308 | 82,284 | |
75/76B |
264 | 75 | |
75 |
264 | 75 | |
65/66B |
5,529 | 5,617 | |
65 |
5,529 | 5,617 | |
9903 |
71,042 | 76,742 | |
67/77 |
18,524 | 15,868 | |
9904 |
52,518 | 60,874 | |
9905 |
52,518 | 60,874 | |
| Appropriation of the result | |||
9906 |
52,518 | 60,874 | |
691/2 |
52,518 | 60,874 | |
6921 |
52,518 | 60,874 | |
| Document | |||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 5,326 | 200,997 | ||
| 34,171 | - | ||
| 43.1% | 28.1% | ||
| 44.4% | 92.4% | ||
| 19.1% | 26.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €5,326 | €997 |
| Financial fixed assets | - | €200,000 |
| €757 | €4 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 7% lower than in 2024.
Debt's share of the balance-sheet total falls from 71.9% to 56.9%. Equity is higher and debt is lower.
MFlow Tech. has no parent and no holdings in its annual accounts. FRANCK Matthias is the only director. MFlow Tech. shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 23 January 2024, MFlow Tech. was incorporated as a private limited company by one natural person.12 FRANCK Matthias is director of the company, appointed by deed of 25-01-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Oude Meirstraat 42 registered office 2390 Malle | 23-01-2024 | 2.354.936.603 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11032D0705/00A000 | 847 m² | 1 · 119 m² | 6.7 m |
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