Tested in Talk:Sandbox.
When there's an embedded image with position (left, rigth, center, none), when using Visual Editor, the image disappears, and "null" appears instead. Switching to code changes it to a "null" image wrapping the original one.
This is the wiki code of the description:
[[File:Kitten (06) by Ron.jpg|left|150px]]
When switching to VE and then to code, the code looks as this:
[[null|left|0x0px|link=|alt=null|[[File:Kitten (06) by Ron.jpg|link=|150x150px]]]]
I've tested the same code on Visual Editor on a normal page and this problem doesn't happen. I don't know if it has to do with Flow or VisualEditor