FLASH-INVEST
ActiveSummary
FLASH-INVEST has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-99k) and a net result of €47k. Equity is growing by ~17.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+63
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.03 in 2023; short-term debt: 136% and cash: 7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-36%
Return on assets
16.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-99k▲ 32.0%
2023 · €-146k
2018: €-284k
2019: €-257k
2020: €-244k
2021: €-179k
2022: €-124k
2023: €-146k
2018 → 2024
Total assets
€276k▲ 3.5%
2023 · €267k
2018: €332k
2019: €333k
2020: €336k
2021: €357k
2022: €333k
2023: €267k
2018 → 2024
Net result
€47k
2023 · €-22k
2018: €-280k
2019: €28k
2020: €13k
2021: €65k
2022: €55k
2023: €-22k
2018 → 2024
Working capital
€-356k▲ 11.6%
2023 · €-403k
2018: €-473k
2019: €-462k
2020: €-466k
2021: €-420k
2022: €-381k
2023: €-403k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-244k-€-179k▲ 26.5%€-124k▲ 30.7%€-146k▼ 17.6%€-99k▲ 32.0%
Operating result€17k-€67k▲ 305%€57k▼ 15.8%€-21k€47k
Net result€13k-€65k▲ 400%€55k▼ 14.9%€-22k€47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €47k after a loss of €21k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276k
Fixed assets
€256k =
Current assets
€20k ▲ 87.6%
Key figures and ratios
Solvency
-36.0%▲
2023 · -54.7%
Current ratio
0.05▲
2023 · 0.03
Debt to equity
-3.78▼
2023 · -2.83
ROA
16.9%▲
2023 · -8.2%
Debt
€376k▼
2023 · €413k
Debt ≤ 1 year
€376k▼
2023 · €413k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€267k€276k▲
Fixed assets21/28€256k€256k=
Tangible fixed assets22/27€256k€256k=
Land and buildings22€256k€256k=
Current assets29/58€11k€20k▲
Amounts receivable within one year40/41€2k€406▼
Trade receivables40€2k€406▼
Cash at bank and in hand54/58€9k€19k▲
Deferred charges and accrued income490/1€108€110▲
Equity and liabilities
Total equity and liabilities10/49€267k€276k▲
Equity10/15€-146k€-99k▲
Contributions10/11€29k€29k=
Outside capital11€29k€29k=
Other1109/19€29k€29k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-178k€-131k▲
Amounts payable17/49€413k€376k▼
Amounts payable within one year42/48€413k€376k▼
Trade debts44€39k€38k▼
Suppliers440/4€39k€38k▼
Other amounts payable47/48€374k€337k▼
Income statement
Code20232024
Other operating charges640/8€78k€505▼
Gross operating margin9900€57k€47k▼
Operating profit (loss)9901€-21k€47k▲
Financial charges65/66B€677€172▼
Recurring financial charges65€677€172▼
Profit (loss) for the period before taxes9903€-22k€47k▲
Profit (loss) for the period9904€-22k€47k▲
Profit (loss) for the period to be appropriated9905€-22k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-178k€-131k▲
Profit (loss) brought forward from the previous period14P€-156k€-178k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €65k ▲400%
Operating result €67k, net result €65k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boom · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antwerpsestraat 4412850 BoomGround area
2,027 m²
Building footprint
506 m²
Volume, LiDAR
18,270 m³
2 parcels, Flanders · tallest building 70.5 m, ±22 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 209, 2000 Antwerpen
since 19852.120.810.770
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005A0015/00E002 | Flanders | 1,725 m² | 1 · 204 m² | 70.5 m · 22 fl. |
| 11804D1918/00W004 | Flanders | 301 m² | 1 · 301 m² | 21.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-1985
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.