Turnover
≈ €220,000 estimated
The micro format states no turnover.
FLASH-TECH
Lifetime
2 annual accounts with figures on one time axispeak €55,570 (2024)
€55,570▲ 416%
peak €29,685 (2024)
€29,685▲ 301%
peak €37,588 (2024)
€37,588▲ 376%
€97,350▲ 107%
Board1 name since 2022
1 director
Documentsfilings and deeds
19-02-2026203 days late
2024micro format
Gross margin from €10,764 to €55,570Result from €7,404 to €29,685Equity from €7,904 to €37,588Debts from €46,937 to €97,350Cash from €3,815 to €1,481
Key points
from the 2024 annual accountsDebts
€97,350 ▲ 107%
Debts rose by €50,412 in 2024.
Liquidity
0.87 was 0.22 in 2023
Short-term debts rose from €46,937 to €97,350.
2025 accounts not filed, 104 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as FLASH-TECH has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 7,974 companies, not a prediction for FLASH-TECH. 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 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0794147314
Incorporation
Founding capital of €500, 100 shares · Founder: · Appointment: (director) · published on 30-11-2022 · Gazette deed
First establishment
Spaanskasteelplein 8, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLASH-TECH Ghent | €134,938 | €55,570 | 27.9% | - |
| Yonam Ghent | €128,619 | €55,960 | 70.4% | - |
| VAN LAERE INDUSTRIES Oosterzele | €134,741 | €63,779 | 1.9% | - |
| DS Security Dendermonde | €130,211 | €57,347 | 35.1% | - |
| Elektro Realisaties POPPE Berlare | €114,256 | €59,237 | 40.7% | - |
| Elektriciteitswerken Giuseppe Haerens Merelbeke-Melle | €133,307 | €46,286 | 89.4% | - |
| SDV SYSTEMS Lierde | €164,423 | €58,586 | 49.6% | - |
These companies have the same main activity as FLASH-TECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €114,000 and €164,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 28-11-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Establishment unit
- 2.344.965.2019000 Ghent, since 28-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-07-2026
Insights on FLASH-TECH
The 2024 annual accounts show equity of €37,588 and a net result of €29,685. Its solvency ranks better than 29% of 36,050 sector peers (NACE 43, financial year 2024).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
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-TECH
- What is the company number of FLASH-TECH?
- The company number of FLASH-TECH is 0794.147.314. The VAT number is the same number with BE in front: BE 0794.147.314.
- Where is FLASH-TECH based?
- The registered office is at Spaanskasteelplein 8, 9000 Ghent.Company details
- What does FLASH-TECH do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of FLASH-TECH?
- FLASH-TECH is a private limited company (BV).
- When was FLASH-TECH founded?
- FLASH-TECH was founded on 28-11-2022.
- Is FLASH-TECH still active?
- Yes, FLASH-TECH is an active enterprise in the KBO register.
- What is the turnover of FLASH-TECH?
- The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €55,570 and 40 comparable companies (NACE 43211). It probably lies between €130,000 and €340,000.Financials
- Is FLASH-TECH profitable?
- In financial year 2024, FLASH-TECH made a profit of €29,685.
- Where can I find the annual accounts of FLASH-TECH?
- FLASH-TECH filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.