Optimized Financial Flows
ActiveFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 29-05-2026 PDF all 6 filings
Every figure per financial year
The operating result for 2026 is 8% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,261 | €12,063 | €1,799 | €8,434 | €5,630 |
| Depreciation and write-downs of the year | €1,120 | €2,870 | €3,330 | €4,107 | €4,847 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,332 | €1,120 | €2,870 | €3,330 | €4,107 | €4,847 | ▲ 18.0% |
| Other operating charges640/8 | - | €111 | €112 | €115 | €271 | €273 | ▲ 0.7% |
| Gross operating margin9900 | €60,175 | €93,369 | €91,353 | €82,031 | €100,063 | €108,740 | ▲ 8.7% |
| Operating profit (loss)9901 | €58,843 | €92,138 | €88,371 | €78,586 | €95,685 | €103,619 | ▲ 8.3% |
| Financial income75/76B | - | - | €1,865 | €3,621 | €56 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | €1,865 | €3,621 | €56 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €699 | €48 | €48 | €53 | €55 | ▲ 4.8% |
| Recurring financial charges65 | €24 | €699 | €48 | €48 | €53 | €55 | ▲ 4.8% |
| Profit (loss) for the period before taxes9903 | €58,819 | €91,439 | €90,188 | €82,159 | €95,688 | €103,564 | ▲ 8.2% |
| Income taxes67/77 | €14,319 | €20,579 | €20,636 | €20,621 | €21,915 | €23,126 | ▲ 5.5% |
| Profit (loss) for the period9904 | €44,500 | €70,860 | €69,552 | €61,538 | €73,773 | €80,438 | ▲ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €44,500 | €70,860 | €69,552 | €61,538 | €73,773 | €80,438 | ▲ 9.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €89,372 | €156,757 | €212,800 | €71,634 | €81,590 | €96,470 | ▲ 18.2% |
| Fixed assets21/28 | €594 | €6,736 | €15,929 | €14,398 | €18,725 | €19,507 | ▲ 4.2% |
| Tangible fixed assets22/27 | €594 | €6,736 | €15,929 | €14,398 | €18,725 | €19,507 | ▲ 4.2% |
| Plant, machinery and equipment23 | - | €6,736 | €9,108 | €8,320 | €8,440 | €5,396 | ▼ 36.1% |
| Furniture and vehicles24 | - | - | - | - | - | €5,109 | - |
| Other tangible fixed assets26 | - | - | €6,821 | €6,079 | €10,284 | €9,003 | ▼ 12.5% |
| Current assets29/58 | €88,778 | €150,022 | €196,871 | €57,236 | €62,866 | €76,963 | ▲ 22.4% |
| Amounts receivable within one year40/41 | - | - | €24,505 | €19,068 | €619 | €3,577 | ▲ 478% |
| Trade receivables40 | - | - | - | €18,424 | - | €1,703 | - |
| Other amounts receivable41 | - | - | €24,505 | €643 | €619 | €1,874 | ▲ 203% |
| Current investments50/53 | - | - | €130,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €87,708 | €148,689 | €39,898 | €35,837 | €61,394 | €72,591 | ▲ 18.2% |
| Deferred charges and accrued income490/1 | - | €1,333 | €2,468 | €2,331 | €853 | €795 | ▼ 6.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €89,372 | €156,757 | €212,800 | €71,634 | €81,590 | €96,470 | ▲ 18.2% |
| Equity10/15 | €49,500 | €120,360 | €189,912 | €5,000 | €5,000 | €5,000 | = |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €44,500 | €115,360 | €184,912 | - | - | - | - |
| Distributable reserves133 | - | €115,360 | €184,912 | - | - | - | - |
| Amounts payable17/49 | €39,872 | €36,397 | €22,888 | €66,634 | €76,590 | €91,470 | ▲ 19.4% |
| Amounts payable within one year42/48 | €38,572 | €34,444 | €22,888 | €66,594 | €76,590 | €90,798 | ▲ 18.6% |
| Trade debts44 | €1,887 | €1,625 | €1,153 | €3,956 | €1,717 | €1,210 | ▼ 29.5% |
| Suppliers440/4 | - | €1,625 | €1,153 | €3,956 | €1,717 | €1,210 | ▼ 29.5% |
| Taxes, remuneration and social security45 | - | €24,056 | €21,735 | €1,100 | €1,100 | - | - |
| Taxes450/3 | - | €21,679 | €21,735 | €1,100 | €1,100 | - | - |
| Remuneration and social security454/9 | - | €2,377 | - | - | - | - | - |
| Other amounts payable47/48 | - | €8,764 | - | €61,538 | €73,773 | €89,588 | ▲ 21.4% |
| Accrued charges and deferred income492/3 | - | €1,953 | - | €40 | - | €672 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,500 | €70,860 | €69,552 | €61,538 | €73,773 | €80,438 | ▲ 9.0% |
| + Depreciation and write-downs630 | €1,332 | €1,120 | €2,870 | €3,330 | €4,107 | €4,847 | ▲ 18.0% |
| Operating cash flow (approximation) | €45,832 | €71,980 | €72,421 | €64,868 | €77,880 | €85,286 | ▲ 9.5% |
| Investment in fixed assets (approximation) | - | -€7,261 | -€12,063 | -€1,799 | -€8,434 | -€5,630 | ▲ 33.2% |
| Change in cash | - | €60,981 | -€108,790 | -€4,061 | €25,557 | €11,197 | ▼ 56.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,153 companies had the same profile as Optimized Financial Flows has now. Two years later, 96.1% were still going and 1.7% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Optimized Financial Flows itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for Optimized Financial Flows. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-05-2026 | 2026-00133729 | |
| 31-03-2025 | micro format | 15-10-2025 | 2025-00544705 | |
| 31-03-2024 | micro format | 17-10-2024 | 2024-00509875 | |
| 31-03-2023 | micro format | 19-09-2023 | 2023-00451851 | |
| 31-03-2022 | micro format | 27-10-2022 | 2022-20479936 | |
| 31-03-2021 | micro format | 28-10-2021 | 2021-74600110 |