Active BE 0783.961.918Private limited company

FLASH

Baron Ruzettelaan 75 ·8310 Brugge, Belgium· 4 yrs active

Sector: Kappers- en barbiersactiviteiten (96210)

Conclusion Checked

The computed 12-month bankruptcy probability of FLASH is 1.3% (low). The 2025 annual accounts show equity of €12k and a net result of €23k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 47% of 378 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€12k
Net result	€23k
Staff (FTE)	0.8
Better than sector	47%

Snowflake analysis 5 of 5 axes measured · computed by Checked

70 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 68

Profitability 100

Solvency 29

Growth 58

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

1.3% Low

0%0,5%1,5%4%10%≥25%

Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

68 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 04-06-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~3%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 96, Personal services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	20.8%	25.8%	better than 47% of 378 sector peers
Net result	€23k	€5k	better than 80% of 377 sector peers
Equity	€12k	€16k	better than 46% of 379 sector peers
Gross operating margin	€43k	€29k	better than 59% of 377 sector peers
Staff costs	€2k	€37k	higher than 17% of 184 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€40k

+12.5% 22-25

Net profit

€23k

+22.6% 22-25

Cash flow

€32k

+17.4% 22-25

Total assets

€60k

-25.9% 22-25

Equity

€12k

-64.4% 22-25

Working capital

€4k

-85.0% 22-25

Employees (FTE)

1

- 22-25

Staff costs

€2k

+27.6% 22-25

Income taxes

€7k

+26.3% 22-25

Dividends

€46k

- 22-25

Debt

€47k

+3.4% 22-25

Debt ≤ 1y

€44k

+28.6% 22-25

Debt > 1y

€3k

-70.1% 22-25

Current ratio

1.10

-40.0% 22-25

Quick ratio

0.91

-46.2% 22-25

Solvency

20.8%

-51.9% 22-25

Debt / equity

3.82

+190.3% 22-25

ROE

188.7%

+244.3% 22-25

ROA

39.2%

+65.4% 22-25

Interest coverage

22.25

+71.7% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€40k
Net profit	€23k
Cash flow	€32k
Staff costs	€2k
Income taxes	€7k
Dividends	€46k
Total assets	€60k
Equity	€12k
Debt	€47k
of which ≤ 1y	€44k
of which > 1y	€3k
Working capital	€4k
Employees (FTE)	0.8

Ratios (computed)

	2025
Current ratio	1.10
Quick ratio	0.91
Working capital ratio	7.1%
Solvency	20.8%
Debt / equity	3.82
Long-term debt ratio	0.28
Interest coverage	22.25
Gross margin	-
Net margin	-
ROA	39.2%
ROE	188.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €12k · 19.5% Current assets €48k · 80.5%

Equity & liabilities

Equity €12k · 20.8% Debt €47k · 79.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€60k
Fixed assets	21/28	€12k
Intangible fixed assets	21	€624
Tangible fixed assets	22/27	€11k
Current assets	29/58	€48k
Stocks & contracts in progress	3	€8k
Amounts receivable within one year	40/41	€961
Cash & bank	54/58	€37k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€60k
Equity	10/15	€12k
Contributions / capital	10/11	€12k
Accumulated profits (losses)	14	€403
Amounts payable	17/49	€47k
Amounts payable after one year	17	€3k
Amounts payable within one year	42/48	€44k
Trade debts payable within one year	44	€4k
Income statement
Gross operating margin	9900	€43k
Operating result	9901	€31k
Financial income	75	€791
Financial charges	65	€2k
Result before taxes	9903	€30k
Income taxes	67/77	€7k
Net result for the period	9904	€23k
Result to be appropriated	9905	€23k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 1 directors

Former directors (1)

Dirk Pardo
Director
State Gazette act 25047329 (10-04-2025)

Former
- → 01-04-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Kappers- en barbiersactiviteiten(96210)
Legal form	Private limited company(610)
Incorporation	29-03-2022
Status	Active
Postal code	8310

Establishment units 1 location

FLASH

Baron Ruzettelaan 75, 8310 BruggeDetailhandel in cosmetica en toiletartikelen

since 20222.329.627.125

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31434C0054/00S003	Flanders	95 m²	1 · 67 m²	10.8 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

04-06-2026

NBB filing Annual accounts filed

fiscal year 2025 · micro

2025

22-05-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

10-04-2025

State Gazette act Capital & shares

2024

28-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

19-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgisch Staatsblad, acts 1 acts

Capital history · 1

10-04-2025

Capital change

All acts · 1 updated 1 year ago

2025

10-04-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-10",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2025-04-02",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-03-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0783.961.918",
    "name_full": "FLASH",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Jadrien Pupe",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Notulen van de bijzondere algemene vergadering dd. 31/03/2025",
    "Verklaring dd 31/03/2025 i.h.k.v. artikel 2:8, \u00A74 WVV"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Haarverzorging96021Kappers- en barbiersactiviteiten96210Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels47750Detailhandel in cosmetica en toiletartikelen47750Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789

Primary activity highlighted.

Names & trade names

Legal nameNL

FLASH

Registered office

Baron Ruzettelaan 75

8310 Brugge, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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