FLASH-TECH
ActiveThe computed 12-month bankruptcy probability of FLASH-TECH is 2.8% (moderate). The 2024 annual accounts show equity of €38k and a net result of €30k. Its solvency ranks better than 29% of 36376 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency40▲+30
Growth78
Stability94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.22 in 2023), and 72.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
27.9%
Return on assets
22%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-02-2026, 203 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
203 d late
2023
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€38k▲ 376%
2023 · €8k
2023: €8k
2023 → 2024
Total assets
€135k▲ 146%
2023 · €55k
2023: €55k
2023 → 2024
Net result
€30k▲ 301%
2023 · €7k
2023: €7k
2023 → 2024
Working capital
€-13k▲ 64.4%
2023 · €-37k
2023: €-37k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€8k-€38k▲ 376%
Operating result€7k-€30k▲ 300%
Net result€7k-€30k▲ 301%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 300% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135k
Fixed assets
€51k▲ 13.4%
Current assets
€84k▲ 731%
Equity and liabilities €135k
Equity
€38k▲ 376%
Debt
€97k▲ 107%
The debt ratio falls from 85.6% to 72.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€40k▲
2023 · €10k
Cash flow
€40k▲
2023 · €10k
Solvency
27.9%▲
2023 · 14.4%
Current ratio
0.87▲
2023 · 0.22
Quick ratio
0.87▲
2023 · 0.22
Debt / equity
2.59▼
2023 · 5.94
ROE
79.0%▼
2023 · 93.7%
ROA
22.0%▲
2023 · 13.5%
Interest coverage
427.11▲
2023 · 251.29
Debt
€97k▲
2023 · €47k
Debt ≤ 1 year
€97k▲
2023 · €47k
Staff costs
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€55k€135k▲
Fixed assets21/28€45k€51k▲
Tangible fixed assets22/27€45k€51k▲
Furniture and vehicles24€45k€51k▲
Current assets29/58€10k€84k▲
Amounts receivable within one year40/41€6k€81k▲
Trade receivables40€6k€73k▲
Other amounts receivable41€753€8k▲
Cash at bank and in hand54/58€4k€1k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€55k€135k▲
Equity10/15€8k€38k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€7k€37k▲
Amounts payable17/49€47k€97k▲
Amounts payable within one year42/48€47k€97k▲
Trade debts44€34k€59k▲
Suppliers440/4€34k€59k▲
Taxes, remuneration and social security45€13k€31k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€10k€25k▲
Other amounts payable47/48-€8k
Income statement
Code20232024
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k▲
Other operating charges640/8€738€63▼
Gross operating margin9900€11k€56k▲
Operating profit (loss)9901€7k€30k▲
Financial charges65/66B€40€95▲
Recurring financial charges65€40€95▲
Profit (loss) for the period before taxes9903€7k€30k▲
Profit (loss) for the period9904€7k€30k▲
Profit (loss) for the period to be appropriated9905€7k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€37k▲
Profit (loss) brought forward from the previous period14P-€7k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 203 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
NBB filing
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, Gent · 1 establishment unit since 2022
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.
Spaanskasteelplein 89000 GentGround area
123 m²
Building footprint
92 m²
Parcel 44804D0564/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
FLASH-TECH
since 20222.344.965.201
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0564/00A000 | Flanders | 123 m² | 1 · 92 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Electro Raman
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T-TECH
BE 0775.422.849
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EJR
BE 0537.859.852
Boechout · Eq €38k
A-Race
BE 0466.284.443
Lasne · Eq €38k
MICELEC
BE 0832.992.052
Villers-la-Ville · Eq €38k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,227 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
42211Civil engineering
42219Civil engineering
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.