Equity
€30,099 from €83,211 in 2020
Equity fell by 64% in 5 years.
Flash Communication
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 2001peak €413,288 (2020)
€5,559▼ 78.8%
lowest -€162,744 (2009)
€2,607▼ 87.5%
peak €83,211 (2020)
€30,099▲ 9.5%
€7,844▼ 34.0%
peak 1.6 FTE (2008)
-not published
Board2 names since 2021
2 directorsSchrijvers Lily and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €26,255 to €5,559Result from €20,809 to €2,607Debts from €11,894 to €7,844Cash from €7,559 to €795
Key points
from the 2025 annual accountsInvestments
€3,444 1.7 × depreciation
Green is investment, beige is depreciation.
Filings
25 annual accounts since 2001
Seven of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Checked score
90
Excellent
Financially stronger than 56% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025highest value
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €37,944
Liquidity: current ratio 3.94, cash €795, halved
lowers risk
Founded in 2001
Sector: Other professional, scientific and technical activities (NACE 74)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 88% of them on solvency, 30% on liquidity, 49% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as Flash Communication has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Flash Communication itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Flash Communication. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.94 (2.83 in 2024), above the usual 1.5. Short-term debt is 20.7% and cash 2.1% of total assets. 20.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €30,099
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
25 days late
2024
19 days late
2023
62 days early
2022
29 days late
2021
31 days late
2020
25 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474079778
Resignations & appointments
General meeting of 05-09-2023 · Gazette deed
Appointment: André MATTHIJSSENS (additional director)
“De uitbating, het beheer en de inrichting van drankgelegenheden, verbruikssalons, cafés, tavernes, clubs…” (deed in Dutch) · Gazette deed
First establishment
Langdorpsesteenweg 309, Aarschot
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Flash Communication Aarschot | €37,944 | €5,559 | 79.3% | - |
| TJORVEN BEAUTY PHOTOGRAPHY Wetteren | €44,027 | €7,777 | 66.0% | - |
| HERCULE Waasmunster | €29,097 | €6,439 | 47.0% | - |
| GRAPHER § Co Wavre | €47,669 | €7,760 | -110.0% | - |
| Daniel DELIEN Esneux | €46,809 | €5,207 | 23.4% | - |
| Bob Van Mol Zoersel | €38,716 | €7,931 | 60.2% | - |
| KING'S EYE Lasne | €54,033 | €4,288 | 75.3% | - |
These companies have the same main activity as Flash Communication: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €29,100 and €54,000, founded between 1991 and 2007.
Official details
Source: KBO- Status
- Active since 14-02-2001Normal situation
- Activity
- Photography, excluding press photographyNACE 74201and 6 others
- Joint committee
- 100Auxiliary committee for blue-collar workers · annual accounts 2023
- Establishment unit
- 2.100.145.0203201 Aarschot, since 28-02-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on Flash Communication
Flash Communication files the micro format. That format states no turnover. The gross margin fell from €145,069 in 2008 to €5,559 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Flash Communication
- What is the company number of Flash Communication?
- The company number of Flash Communication is 0474.079.778. The VAT number is the same number with BE in front: BE 0474.079.778.
- Where is Flash Communication based?
- The registered office is at Langdorpsesteenweg 309, 3201 Aarschot.Company details
- What does Flash Communication do?
- According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
- What is the legal form of Flash Communication?
- Flash Communication is a private limited company (BV).
- When was Flash Communication founded?
- Flash Communication was founded on 14-02-2001.
- Is Flash Communication still active?
- Yes, Flash Communication is an active enterprise in the KBO register.
- How many employees does Flash Communication have?
- Flash Communication had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Flash Communication fall under?
- In its 2023 annual accounts, Flash Communication states joint committee 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of Flash Communication?
- The turnover in financial year 2025 is ≈ €35,000. This figure is estimated from the gross margin of €5,559 and 41 comparable companies (NACE 74). It probably lies between €17,000 and €63,000. It is a rough estimate.
- Is Flash Communication profitable?
- In financial year 2025, Flash Communication made a profit of €2,607.
- Where can I find the annual accounts of Flash Communication?
- Flash Communication filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flash Communication due?
- Flash Communication must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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