Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLOW from Ronse, company number BE0476093915, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year FLOW recorded a gross margin of € 233,477 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 36,185 to € -1.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 4.1 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 36,185 profit in 2024
Profit after tax over the fiscal year.
€ 29,317
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
Debts at end 2025
€ 306,300
▼ 36% vs 2024
€ 137,632 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 175,010
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,743
▲ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 667,253 | € 601,297 | - | - | |
| Gross margin | - | - | € 191,622 | € 233,477 | ▲ 22% |
| Profit after taxes | € 326,761 | € 3,623,763 | € 36,185 | € -1,388,761 | ▼ € 1.4 million |
| Equity | € 11,866,286 | € 7,129,963 | € 5,577,459 | € 4,138,698 | ▼ 26% |
| Total debts | € 2,137,616 | € 774,949 | € 679,992 | € 569,463 | ▼ 16% |
| Cash | € 42,622 | € 26,230 | € 21,898 | € 29,317 | ▲ 34% |
| Land & buildings | € 1,304,580 | € 1,237,935 | € 3,764,805 | € 3,677,827 | ▼ 2% |
| Retained profit | € 3,037,200 | € 2,960,963 | € 2,932,148 | € 1,493,387 | ▼ 49% |
| Dividend | € 84,000 | € 3,700,000 | € 65,000 | € 50,000 | ▼ 23% |
| Bank debt | € 819,947 | € 660,119 | € 481,278 | € 306,300 | ▼ 36% |
| Balance sheet total | € 14,003,902 | € 7,904,912 | € 6,257,452 | € 4,708,162 | ▼ 25% |
| Employees (FTE) | - | 0.7 | 0.1 | - |
Key figures of 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 30 January 2027.
What happened to FLOW?
What happened at FLOW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.4 million vs 2024). Source: NBB ↗
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 326,761 profit in 2022 to € 1.4 million loss in 2025.
Paid € 73,135 in corporate taxes since 2022.
Best year ever: 2023, with € 3.6 million profit.
Paid out € 3.9 million in dividends to the owners in total.
Management
The stake of METAMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLOWBehind FLOW is Metaman BV. The shares are held by METAMAN (100%). It owns 98% of HOUSE OF APPLIANCES and 60% of UNICA itself.
Directors
According to the 2025 annual accounts
Director · represented by Kristof Van Hoorebeke
Shareholders
100%
Participations
UNICA
60%
Establishments
Establishment units
Physical locations of this company
Schoonboeke 10
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0476.093.915
- VAT number
- BE 0476.093.915
- Registered office
- Schoonboeke 10, 9600 Ronse
- Names & denominations
- FLOW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2001
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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