Active BE 0736.691.739Private limited company

Euro-Flow

Lode Vleeshouwerslaan 51 ·2900 Schoten, Belgium· 6 yrs active

Sector: Wholesale of other machinery and equipment (46649)

Conclusion Checked

The computed 12-month bankruptcy probability of Euro-Flow is 2.4% (moderate). The 2024 annual accounts show negative equity (€-17k) and a net result of €-60k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 15878 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-17k
Net result	€-60k
Better than sector	19%
Active	6 yrs

Financial profile 5 of 5 axes measured · computed by Checked

56 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 12

Profitability 100

Solvency 37

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

2.4% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2019, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

12 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

No credit

negative equity or figures too weak

Score history

13 2021

12 2022

56 2023

12 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.65 (< 1.0) -10

Equity Negative equity -25

Profitability ROE 345% (≥ 10%) +10

Interest coverage Interest coverage -40.2× (< 1.5×) -10

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 09-10-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-7.5%	39.5%	better than 19% of 15878 sector peers
Net result	€-60k	€5k	better than 5% of 15862 sector peers
Equity	€-17k	€56k	better than 14% of 15918 sector peers
Gross operating margin	€-34k	€26k	better than 5% of 15827 sector peers
Total assets	€232k	€175k	better than 58% of 15887 sector peers

EBITDA

€-40k

- 21-24

Net profit

€-60k

- 21-24

Cash flow

€-42k

- 21-24

Total assets

€232k

-76.3% 21-24

Equity

€-17k

- 21-24

Working capital

€-88k

-91.9% 21-24

Income taxes

€650

-97.8% 21-24

Debt

€250k

-73.3% 21-24

Debt ≤ 1y

€250k

-73.3% 21-24

Current ratio

0.65

-31.9% 21-24

Quick ratio

0.65

-31.9% 21-24

Solvency

-7.5%

- 21-24

Debt / equity

-14.32

- 21-24

ROE

345.2%

+62.9% 21-24

ROA

-25.9%

- 21-24

Interest coverage

-40.18

- 21-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022	2021
Deposit	micro schema	abbreviated schema	micro schema	micro schema
Revenue	-	-	-	-
EBITDA	€-40k	€130k	€-43k	€61k
Net profit	€-60k	€91k	€-45k	€56k
Cash flow	€-42k	€99k	€-43k	€59k
Staff costs	-	-	-	-
Income taxes	€650	€29k	€5	€3k
Dividends	-	-	-	-
Total assets	€232k	€979k	€203k	€185k
Equity	€-17k	€43k	€-48k	€-3k
Debt	€250k	€937k	€251k	€188k
of which ≤ 1y	€250k	€936k	€251k	€188k
of which > 1y	-	-	-	-
Working capital	€-88k	€-46k	€-74k	€-28k
Employees (FTE)	-	-	-	-

Note: these years are not on the same basis. The filed schemas differ (micro schema, abbreviated schema), so the columns are not directly comparable.

Ratios (computed)

	2024	2023	2022	2021
Current ratio	0.65	0.95	0.70	0.85
Quick ratio	0.65	0.95	0.70	0.85
Working capital ratio	-37.9%	-4.7%	-36.7%	-15.1%
Solvency	-7.5%	4.4%	-23.6%	-1.6%
Debt / equity	-14.32	21.89	-5.24	-62.90
Long-term debt ratio	-	-	-	-
Interest coverage	-40.18	156.86	-77.01	173.55
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	-25.9%	9.3%	-22.1%	30.4%
ROE	345.2%	212.0%	93.7%	-1879.4%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €71k · 30.4% Current assets €162k · 69.6%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€232k	€979k	€203k	€185k
Fixed assets	21/28	€71k	€89k	€27k	€25k
Formation expenses	20	€0	€0	-	-
Intangible fixed assets	21	€14k	€17k	€19k	€16k
Tangible fixed assets	22/27	€56k	€72k	€915	€1k
Financial fixed assets	28	-	-	€6k	€8k
Current assets	29/58	€162k	€890k	€176k	€160k
Amounts receivable within one year	40/41	€153k	€815k	€171k	€11k
Cash & bank	54/58	€8k	€73k	€5k	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€232k	€979k	€203k	€185k
Equity	10/15	€-17k	€43k	€-48k	€-3k
Contributions / capital	10/11	€10k	€10k	€10k	€10k
Accumulated profits (losses)	14	€-27k	€33k	€-58k	€-13k
Amounts payable	17/49	€250k	€937k	€251k	€188k
Amounts payable within one year	42/48	€250k	€936k	€251k	€188k
Trade debts payable within one year	44	€40k	€723k	€140k	€122k
Income statement
Gross operating margin	9900	€-34k	€148k	€-38k	€66k
Operating result	9901	€-59k	€121k	€-45k	€59k
Financial income	75	€1	€40	€586	€29
Financial charges	65	€997	€826	€553	€354
Result before taxes	9903	€-60k	€120k	€-45k	€59k
Income taxes	67/77	€650	€29k	€5	€3k
Net result for the period	9904	€-60k	€91k	€-45k	€56k
Result to be appropriated	9905	€-60k	€91k	€-45k	€56k

Legal Structure

NACE primary	Wholesale of other machinery and equipment(46649)
Legal form	Private limited company(610)
Incorporation	23-10-2019
Status	Active
Postal code	2900

Establishment units 1 location

Euro-Flow

Lode Vleeshouwerslaan 51, 2900 SchotenEngineering and related technical consultancy, excluding land surveyors

since 20192.302.367.749

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11443B0085/00H002	Flanders	554 m²	1 · 140 m²	8.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

All 7Financial 2Filings 5

2025

09-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 70 days late

2024

31-12

Financial Weakest financial yearnet €-60k ▼166%

Net result drops to €-60k, the lowest in the series.

14-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 75 days late

2023

31-12

Financial Back to profitnet €91k

Net result €91k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

29-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 60 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Wholesale of other machinery and equipment46649Holdings64200Activities of holding companies64210

Names & trade names

Legal nameNL

Euro-Flow

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