Skip to content

24Flow

Active Private limited companyfounded 2018active for 8 yearsKruisboogstraat 6, 9000 GhentKBO/BCE: BE 0711.846.178 subsidiary of HOKANU

Lifetime

7 annual accounts with figures on one time axis
peak €679,534 (2025)
€679,534▲ 589%
lowest -€208,686 (2024)
-€4,608▲ €204,078
peak €468,149 (2021)
€152,009▼ 2.9%
€1.6m▲ 150%
peak 2.5 FTE (2020)
-not published
Board3 names since 2018
3 directorsDierinck Erik and 2 others
Owners
  
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Gross margin from €98,645 to €679,534Loss of €4,608Power of attorney: Jeroen Parmentier 20-10Debts from €626,922 to €1.6mInvestments €402,801Cash from €434,050 to €1.0m

Key points

from the 2025 annual accounts

Equity

€152,009 from €468,149 in 2021

Equity fell by 68% in 4 years.

Result

-€4,608 ▲ 97.8%
-€209,0002024-€4,6102025

The result rose in 2025: 15-month financial year.

Debts

€1.6m 91% of the balance sheet
Financial debts 67%Suppliers 8%Taxes and wages 3%Other 21%

Of this, €180,969 falls due within a year.

Investments

€401,826 3.3 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Staff

8 employees on 31-12-2025
812021112023432024512025

In 2025, 5 people joined and 1 left.

Filings

7 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 40 days after the end of the period.

Checked score

93
Excellent
Financially stronger than 46% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.2 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.3 percentage points vs 04-2026 06-2026: 0.9%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 0.1%▼ -0.8 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

34-11equity 8.8% of total assets
100+1short-term debt 10.5% · cash 59.1%
38+38return on assets -0.3%

Score breakdown

raises risk
Equity €152,009 (8.8% of total assets)
lowers risk
Size: total assets €1.7m
Liquidity: current ratio 6.72, cash €1.0m
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 19% of them on solvency, 94% on liquidity and 25% on profitability.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 849 companies had the same profile as 24Flow has now. Each dot stands for 3 companies, two years later.

91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of 24Flow itself is lower: 0.1% within 12 months. It rests on far more data about 24Flow than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 849 companies, not a prediction for 24Flow. 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.

Credit verdict

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.72 (6.03 in 2024), above the usual 1.5. Short-term debt is 10.5% and cash 59.1% of total assets. However, 91.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €152,009 (8.8% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.72, cash €1.0m
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€4,608
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2089 sector peers (2025).
NBB · sector comparison
Position among 2089 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
49 days early
2024
21 days early
2023
1 day early
2022
40 days late
2021
1 day early
2020
3 days late
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DE
Dierinck Erik
Director, since 17-10-2018
PP
Petit Pascal
Director, since 17-10-2018
WS
Wijndaele Stijn
Director, since 17-10-2018
  • HOKANU 100%score 96equity €374,336 (2025) · 2021 annual accounts of HOKANU
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0711846178
Amendment of the articles · Resignations & appointments General meeting of 30-03-2023 · Gazette deed
Demerger: SCALEFACTORY splits off to SCALEFACTORY Company renamed from SCALEFACTORY to 24Flow · “Het bemiddelen,in opdracht van derden,van overeenkomsten of diensten,het aanbrengen van…” (deed in Dutch) · General meeting of 25-03-2021 · Gazette deed
Demerger proposal: SCALEFACTORY splits off to SCALEFACTORY “Het bemiddelen, in opdracht van derden, van overeenkomsten of diensten, het aanbrengen van zaken, cliënten…” (deed in Dutch) · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
24Flow Ghent €1.7m €679,534 8.8% -
ECTA Brussels €1.7m €690,057 88.7% 3.3
Equ.Media Aalter €1.6m €579,523 61.8% -
CASNOT Destelbergen €1.5m €648,222 32.1% -
SYRINGA Denderleeuw €2.6m €592,861 57.7% -
SHARING INSIGHTS Aalst €1.2m €485,499 63.1% -
SINFONY BELGIUM Brussels €1.5m €579,265 31.3% -

These companies have the same main activity as 24Flow: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €1.2m and €2.6m, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 18-10-2018Normal situation
Activity
Public relations and communication consultancyNACE 73300
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.281.851.8539000 Ghent, since 18-10-2018
Financial year end
31 December
Peppol
Reachable since 16-12-2025
Company details

Annual accounts 2025

≈ €1.4mestimated
€1.7m
Employeeson 31-12-2025
8
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on 24Flow

24Flow files the abbreviated format. That format states no turnover. The gross margin rose from €241,932 in 2019 to €679,534 in 2025.

HOKANU holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about 24Flow

What is the company number of 24Flow?
The company number of 24Flow is 0711.846.178. The VAT number is the same number with BE in front: BE 0711.846.178.
Where is 24Flow based?
The registered office is at Kruisboogstraat 6, 9000 Ghent.Company details
What does 24Flow do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of 24Flow?
24Flow is a private limited company (BV).
When was 24Flow founded?
24Flow was founded on 18-10-2018.
Is 24Flow still active?
Yes, 24Flow is an active enterprise in the KBO register.
How many employees does 24Flow have?
24Flow had an average of 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does 24Flow fall under?
In its 2025 annual accounts, 24Flow states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of 24Flow?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €679,534 and 37 comparable companies (NACE 73). It probably lies between €920,000 and €1.7m.
Is 24Flow profitable?
In financial year 2025, 24Flow made a loss of €4,608.
Where can I find the annual accounts of 24Flow?
24Flow filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.