Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
North Flow from Antwerpen, company number BE0429979323, closed financial year 2025 with a result of € 4,213 after tax. For that financial year North Flow recorded a gross margin of € 57,945 and equity of € 4,455. Compared with financial year 2024, the result moved from € -74,933 to € 4,213. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 4,455
▲ € 4,213 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,213
▲ still € 74,933 loss in 2024
Profit after tax over the fiscal year.
€ 34,686
▲ 199% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 841.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,685
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 193,538
▼ 5% vs 2024
€ 3,762 is repaid this year. At this pace the long-term loan is gone in ≈ 51 years.
€ 10,494
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,781
▲ 239% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 232,792 | € 240,436 | € 38,888 | € 57,945 | ▲ 49% |
| Profit after taxes | € 125,566 | € 85,394 | € -74,933 | € 4,213 | ▲ € 79,146 |
| Equity | € 172,546 | € 257,940 | € 242 | € 4,455 | ▲ € 4,213 |
| Total debts | € 622,346 | € 534,296 | € 335,288 | € 299,184 | ▼ 11% |
| Cash | € 15,976 | € 30,234 | € 11,615 | € 34,686 | ▲ 199% |
| Land & buildings | € 222,280 | € 214,741 | € 207,464 | € 200,485 | ▼ 3% |
| Retained profit | € 160,146 | € 245,540 | € -3,372 | € 841 | ▲ € 4,213 |
| Dividend | € 25,216 | € 0 | € 0 | € 0 | |
| Bank debt | € 245,570 | € 224,449 | € 202,965 | € 193,538 | ▼ 5% |
| Balance sheet total | € 794,891 | € 792,235 | € 335,529 | € 303,640 | ▼ 10% |
| Employees (FTE) | 1 | - | - | - |
Key figures of North Flow, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to North Flow?
What happened at North Flow in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,213. Source: NBB ↗
- Maxime Vanderstichele Dierick became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,566 profit in 2022 to € 4,213 profit in 2025.
Paid € 61,925 in corporate taxes since 2022.
Best year ever: 2022, with € 125,566 profit.
On average € 232,800 of value added per employee in 2022.
A new publication or filing at North Flow? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind North Flow is Maxime Vanderstichele Dierick.
Directors
According to the 2025 annual accounts
Maxime Vanderstichele Dierick
Bestuurder
since 2014
Establishments
Establishment units
Physical locations of this company
Infirmerieplein 7 box 401
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.979.323
- VAT number
- BE 0429.979.323
- Registered office
- Infirmerieplein 7 bus 401, 2018 Antwerpen
- Names & denominations
- North Flow
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1986
- Peppol
- Active · Active since 5 Sept 2026
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers
Activiteiten van holdings
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Holdings