Flash-Transport
ActiveSummary
Flash-Transport has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,113) and a net result of -€33,400. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 4718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-23
Solvency0▼-45
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 1.2 in 2024; short-term debt: 133.1% and cash: 47% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-33.1%
Return on assets
-61%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€18,113
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
13 d early
2023
6 d late
2022
36 d late
2021
29 d late
2020
2 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Beerse, Transport and storage sector
Equity
-€18,113
2024 · €15,287
Total assets
€54,766▼ 27.2%
2024 · €75,213
Net result
-€33,400▼ 675%
2024 · -€4,309
Working capital
-€21,233
2024 · €12,167
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,394€4,064▲ 192%-€10,389-€3,158▲ 69.6%-€32,230▼ 921%
Net result€143within the sector's middle half€2,553within the sector's middle half▲ 1,683%-€11,848below the sector's middle half-€4,309below the sector's middle half▲ 63.6%-€33,400below the sector's middle half▼ 675%
Equity€28,891within the sector's middle half▲ 0.5%€31,443within the sector's middle half▲ 8.8%€19,595within the sector's middle half▼ 37.7%€15,287within the sector's middle half▼ 22.0%-€18,113below the sector's middle half
Total assets€100,937within the sector's middle half▲ 3.8%€85,450within the sector's middle half▼ 15.3%€73,550within the sector's middle half▼ 13.9%€75,213within the sector's middle half▲ 2.3%€54,766within the sector's middle half▼ 27.2%
Debt€72,046▲ 5.2%€54,007▼ 25.0%€53,955▼ 0.1%€59,926▲ 11.1%€72,879▲ 21.6%
Working capital€27,262within the sector's middle half▲ 4.8%€28,323within the sector's middle half▲ 3.9%€16,475within the sector's middle half▼ 41.8%€12,167within the sector's middle half▼ 26.2%-€21,233below the sector's middle half
Solvency28.6%within the sector's middle half▼ 1.0pp36.8%within the sector's middle half▲ 8.2pp26.6%within the sector's middle half▼ 10.2pp20.3%within the sector's middle half▼ 6.3pp-33.1%below the sector's middle half▼ 53.4pp
Current ratio1.39within the sector's middle half▼ 0.021.52within the sector's middle half▲ 0.141.31within the sector's middle half▼ 0.221.20within the sector's middle half▼ 0.100.71below the sector's middle half▼ 0.49
Return on assets (ROA)0.1%within the sector's middle half▲ 10.4pp3.0%within the sector's middle half▲ 2.8pp-16.1%below the sector's middle half▼ 19.1pp-5.7%below the sector's middle half▲ 10.4pp-61.0%below the sector's middle half▼ 55.3pp
Staff (FTE)1.6▲ 23.1%1.7▲ 6.3%0.9▼ 47.1%0.8▼ 11.1%1.3▲ 62.5%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32,230 in 2025 against €3,158 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,766
Fixed assets
€3,120 =
Current assets
€51,646 ▼ 28.4%
Key figures and ratios
Debt to equity
-4.02▼
2024 · 3.92
Debt ≤ 1 year
€72,879▲
2024 · €59,926
Income taxes
€0▼
2024 · €7
Staff costs
€38,412▲
2024 · €36,735
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €76,286 | €57,114 | €37,285 | €36,735 | €38,412 | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,650 | €6 | €0 | - | - | - |
| Other operating charges640/8 | €14,097 | €13,903 | €7,344 | €9,253 | €22,797 | ▲ 146% |
| Gross operating margin9900 | €95,426 | €75,088 | €34,241 | €42,830 | €28,978 | ▼ 32.3% |
| Operating profit (loss)9901 | €1,394 | €4,064 | -€10,389 | -€3,158 | -€32,230 | ▼ 921% |
| Financial income75/76B | €47 | €0 | €15 | €23 | €23 | ▲ 0.4% |
| Recurring financial income75 | €47 | €0 | €15 | €23 | €23 | ▲ 0.4% |
| Financial charges65/66B | €1,297 | €1,512 | €1,471 | €1,167 | €1,193 | ▲ 2.3% |
| Recurring financial charges65 | €1,297 | €1,512 | €1,471 | €1,167 | €1,193 | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €143 | €2,553 | -€11,844 | -€4,302 | -€33,400 | ▼ 676% |
| Income taxes67/77 | - | - | €4 | €7 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €143 | €2,553 | -€11,848 | -€4,309 | -€33,400 | ▼ 675% |
| Profit (loss) for the period to be appropriated9905 | €143 | €2,553 | -€11,848 | -€4,309 | -€33,400 | ▼ 675% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,937 | €85,450 | €73,550 | €75,213 | €54,766 | ▼ 27.2% |
| Fixed assets21/28 | €3,126 | €3,120 | €3,120 | €3,120 | €3,120 | = |
| Tangible fixed assets22/27 | €6 | - | - | - | - | - |
| Furniture and vehicles24 | €6 | - | - | - | - | - |
| Financial fixed assets28 | €3,120 | €3,120 | €3,120 | €3,120 | €3,120 | = |
| Current assets29/58 | €97,811 | €82,330 | €70,430 | €72,093 | €51,646 | ▼ 28.4% |
| Amounts receivable within one year40/41 | €59,508 | €41,372 | €44,956 | €45,670 | €24,019 | ▼ 47.4% |
| Trade receivables40 | €56,093 | €41,171 | €43,216 | €42,026 | €23,327 | ▼ 44.5% |
| Other amounts receivable41 | €3,415 | €200 | €1,740 | €3,644 | €692 | ▼ 81.0% |
| Cash at bank and in hand54/58 | €31,783 | €40,958 | €23,815 | €24,151 | €25,747 | ▲ 6.6% |
| Deferred charges and accrued income490/1 | €6,520 | - | €1,659 | €2,273 | €1,880 | ▼ 17.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,937 | €85,450 | €73,550 | €75,213 | €54,766 | ▼ 27.2% |
| Equity10/15 | €28,891 | €31,443 | €19,595 | €15,287 | -€18,113 | ▼ 218% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €18,691 | €18,691 | €18,691 | €18,691 | €2,000 | ▼ 89.3% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | €16,691 | €16,691 | €16,691 | €16,691 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€9,800 | -€7,248 | -€19,096 | -€23,404 | -€40,113 | ▼ 71.4% |
| Amounts payable17/49 | €72,046 | €54,007 | €53,955 | €59,926 | €72,879 | ▲ 21.6% |
| Amounts payable after more than one year17 | €1,498 | - | - | - | - | - |
| Financial debts170/4 | €1,498 | - | - | - | - | - |
| Amounts payable within one year42/48 | €70,548 | €54,007 | €53,955 | €59,926 | €72,879 | ▲ 21.6% |
| Current portion of amounts payable after more than one year42 | €2,536 | €1,498 | €0 | - | - | - |
| Financial debts43 | €1,798 | €630 | €1,076 | €900 | €784 | ▼ 12.8% |
| Credit institutions430/8 | €1,798 | €630 | €1,076 | €900 | €784 | ▼ 12.8% |
| Trade debts44 | €38,203 | €16,087 | €12,424 | €11,930 | €14,861 | ▲ 24.6% |
| Suppliers440/4 | €38,203 | €16,087 | €12,424 | €11,930 | €14,861 | ▲ 24.6% |
| Taxes, remuneration and social security45 | €27,907 | €15,374 | €20,039 | €9,427 | €8,825 | ▼ 6.4% |
| Taxes450/3 | €7,449 | €8,971 | €8,804 | €4,652 | €4,218 | ▼ 9.3% |
| Remuneration and social security454/9 | €20,458 | €6,403 | €11,235 | €4,775 | €4,606 | ▼ 3.5% |
| Other amounts payable47/48 | €104 | €20,417 | €20,417 | €37,670 | €48,409 | ▲ 28.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €143 | €2,553 | -€11,848 | -€4,309 | -€33,400 | ▼ 675% |
| + Depreciation and write-downs630 | €3,650 | €6 | €0 | - | - | - |
| Operating cash flow (approximation) | €3,793 | €2,559 | -€11,848 | -€4,309 | -€33,400 | ▼ 675% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9,175 | -€17,143 | €335 | €1,596 | ▲ 376% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial
Highest result since 2018net €2,553 ▲1,683%
Operating result €4,064, net result €2,553, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €143
Net result €143 after 3 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet -€35,641
Net result drops to -€35,641, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Beerse · 1 establishment unit since 1970
Ground area
609 m²
Building footprint
170 m²
Volume, LiDAR
811 m³
Parcel 13004C0384/00S021, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Lambertusstraat 10, 2340 Beerse
since 19702.003.260.331
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0384/00S021 | Flanders | 609 m² | 1 · 170 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 383 EUR awarded · 383 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 383 EUR | 383 EUR |
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 4,554 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-1969
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406850464
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.