FLASHCARDS
ActiveSummary
The computed 12-month bankruptcy probability of FLASHCARDS is 4.6% (elevated). The 2025 annual accounts show negative equity (-€4,473) and a net result of -€1,075. Equity is shrinking by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 6% of 1886 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+18
Solvency0=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06; short-term debt: 133% and cash: 7.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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 · 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%
Return on assets
-7.9%
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
202122232425
2020 to 2025 · latest year -€4,473
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
31 d late
2023
23 d late
2022
29 d late
2021
25 d late
2020
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 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 25 August (5 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, abbreviated schema
Equity
-€4,473▼ 31.6%
2024 · -€3,398
Total assets
€13,559▲ 64,193%
2024 · €21
Net result
-€1,075▼ 75.9%
2024 · -€611
Working capital
-€16,973▼ 399%
2024 · -€3,398
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€3,584-€984-€857▲ 12.9%-€611▲ 28.7%-€986▼ 61.3%
Net result€3,584within the sector's middle half-€1,107within the sector's middle half-€896within the sector's middle half▲ 19.0%-€611within the sector's middle half▲ 31.8%-€1,075below the sector's middle half▼ 75.9%
Equity-€785below the sector's middle half▲ 82.0%-€1,891below the sector's middle half▼ 141%-€2,787below the sector's middle half▼ 47.4%-€3,398below the sector's middle half▼ 21.9%-€4,473below the sector's middle half▼ 31.6%
Total assets€4,249below the sector's middle half▲ 193%€619below the sector's middle half▼ 85.4%€608below the sector's middle half▼ 1.9%€21below the sector's middle half▼ 96.5%€13,559below the sector's middle half▲ 64,193%
Debt€5,034▼ 13.5%€2,511▼ 50.1%€3,395▲ 35.2%€3,419▲ 0.7%€18,032▲ 427%
Working capital-€785within the sector's middle half▲ 82.0%-€1,891within the sector's middle half▼ 141%-€2,787within the sector's middle half▼ 47.4%-€3,398within the sector's middle half▼ 21.9%-€16,973below the sector's middle half▼ 399%
Solvency-33.0%below the sector's middle half
Current ratio0.06below the sector's middle half
Return on assets (ROA)-7.9%below the sector's middle half
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €986 in 2025 against €611 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Assets €13,559
Fixed assets
€12,500
Current assets
€1,059
Key figures and ratios
Debt to equity
-4.03
Debt ≤ 1 year
€18,032▲
2024 · €3,419
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.6% 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 1,564 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 |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €81,829 | €535 | €364 | €106 | €1,227 | ▲ 1,061% |
| Other operating charges640/8 | €449 | €450 | €493 | €505 | €585 | ▲ 15.9% |
| Gross operating margin9900 | €4,032 | -€535 | -€364 | -€106 | -€400 | ▼ 279% |
| Operating profit (loss)9901 | €3,584 | -€984 | -€857 | -€611 | -€986 | ▼ 61.3% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €0 | €122 | €39 | - | €89 | - |
| Recurring financial charges65 | €0 | €122 | €39 | - | €89 | - |
| Profit (loss) for the period before taxes9903 | €3,584 | -€1,107 | -€896 | -€611 | -€1,075 | ▼ 75.9% |
| Profit (loss) for the period9904 | €3,584 | -€1,107 | -€896 | -€611 | -€1,075 | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | €3,584 | -€1,107 | -€896 | -€611 | -€1,075 | ▼ 75.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,249 | €619 | €608 | €21 | €13,559 | ▲ 64,193% |
| Fixed assets21/28 | - | - | - | - | €12,500 | - |
| Tangible fixed assets22/27 | - | - | - | - | €12,500 | - |
| Furniture and vehicles24 | - | - | - | - | €12,500 | - |
| Current assets29/58 | €4,249 | €619 | €608 | €21 | €1,059 | ▲ 4,923% |
| Amounts receivable within one year40/41 | €4,235 | €112 | €63 | - | €63 | - |
| Trade receivables40 | €4,235 | - | - | - | - | - |
| Other amounts receivable41 | - | €112 | €63 | - | €63 | - |
| Cash at bank and in hand54/58 | €14 | €507 | €545 | €21 | €996 | ▲ 4,624% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,249 | €619 | €608 | €21 | €13,559 | ▲ 64,193% |
| Equity10/15 | -€785 | -€1,891 | -€2,787 | -€3,398 | -€4,473 | ▼ 31.6% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Outside capital11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Other1109/19 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€1,785 | -€2,891 | -€3,787 | -€4,398 | -€5,473 | ▼ 24.4% |
| Amounts payable17/49 | €5,034 | €2,511 | €3,395 | €3,419 | €18,032 | ▲ 427% |
| Amounts payable within one year42/48 | €5,034 | €2,511 | €3,395 | €3,419 | €18,032 | ▲ 427% |
| Trade debts44 | €2,205 | €695 | €1,079 | €1,103 | €1,466 | ▲ 32.9% |
| Suppliers440/4 | €2,205 | €695 | €1,079 | €1,103 | €1,466 | ▲ 32.9% |
| Taxes, remuneration and social security45 | €2,037 | - | - | - | - | - |
| Taxes450/3 | €2,037 | - | - | - | - | - |
| Other amounts payable47/48 | €792 | €1,816 | €2,316 | €2,316 | €16,566 | ▲ 615% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,584 | -€1,107 | -€896 | -€611 | -€1,075 | ▼ 75.9% |
| Operating cash flow (approximation) | €3,584 | -€1,107 | -€896 | -€611 | -€1,075 | ▼ 75.9% |
| Change in cash | - | €493 | €38 | -€524 | €975 | ▲ 286% |
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
06-08
State Gazette act
Statutes amendmentName change · Purpose change · Registered office clause8 facts ▸
State Gazette act
Statutes amendment
Name change · Purpose change · Registered office clause8 facts ▸
- General meeting, unanimiteit van stemmen, buitengewone algemene vergadering
- Name change, FLASHCARDS
- Other statement, kennisname verslag bestuursorgaan artikel 5:101 wetboek van vennootschappen en verenigingen houdende voorstel tot wijziging voorwerp
- Purpose change
- Statutes amendment, volledige statuten
- Registered office clause, 2320 Hoogstraten,Sint Lenaartseweg 38C
- Board composition, BRUYNEN Yves (non-statutory director)
- Power of attorney
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €3,584
Net result €3,584 after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 2020
Ground area
1.5 ha
Building footprint
1,592 m²
Parcel 13014F0080/00M000, Flanders. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Flashcards
since 20202.299.728.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0080/00M000 | Flanders | 1.5 ha | 1 · 1,592 m² | - |
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.
Articles of association
Purpose
Transport- en koerierdiensten in binnen-en buitenland; Sloop-en afbraakwerken; Gevelreiniging door middel van zandstralen,met behulp van stoom; Het reinigingen van nieuwe gebouwen…
Full purpose (13 activities)
- Transport- en koerierdiensten in binnen-en buitenland;
- Sloop-en afbraakwerken;
- Gevelreiniging door middel van zandstralen,met behulp van stoom;
- Het reinigingen van nieuwe gebouwen na beëindiging van bouwwerkzaamheden;
- Het grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
- Het geschikt maken van terreinen voor mijnbouw: verwijderen van deklagen en overige werkzaamheden in verband met ontsluiting van delfstoffen en de voorbereiding van de ontginning;
- Overige niet-gespecialiseerde detailhandel;
- Bemiddelingsactiviteiten voor de gespecialiseerde detailhandel;
- Handelsbemiddeling in goederen,algemeen assortiment;
- Organisatie van congressen en beurzen;
- Managementsactiviteiten van holdings: tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enz;
- Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies;
- Overige zakelijke dienstverlening.
Transfer restriction
Procedure- en expertisekosten helft overdrager helft koper(s),naar evenredigheid verworven aantal bij meer kopers,ook bij weigering erfgenaam of legataris, Elke…
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end31-12
Legal name NL
Grebi Services
Activities, NACEBEL 2025
49410Freight transport by road
82300Organisation of conventions and trade shows
43110Demolition
43120Site preparation
43350Other building finishing work
47120Other non-specialised retail sale
47920Retail trade
53200Other postal and courier activities
81220Other building cleaning and industrial cleaning
Contact
E-mail
grebi.services@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743910321
Also
9925:BE0743910321
Registered
07-07-2026
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.