Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
FLASHBAG from Overijse, company number BE0449341909, closed financial year 2023 with a result of € -17,946 after tax. For that financial year FLASHBAG recorded a gross margin of € -14,263 and equity of € -100,947. Compared with financial year 2022, the result moved from € 7,683 to € -17,946. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2024.
€ -100,947
▼ € 18,662 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,946
▼ still € 7,683 profit in 2022
Profit after tax over the fiscal year.
€ 1,225
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -102,153.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,416
▲ € 12,363 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 736
▼ 73% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 145
▼ 99% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -10,762 | € 9,011 | € -14,263 | ▼ € 23,274 |
| Profit after taxes | € -13,026 | € 7,683 | € -17,946 | ▼ € 25,629 |
| Equity | € -89,969 | € -82,286 | € -100,947 | ▼ € 18,662 |
| Total debts | € 104,411 | € 96,970 | € 115,691 | ▲ 19% |
| Cash | € 6,314 | € 6,438 | € 1,225 | ▼ 81% |
| Retained profit | € -91,174 | € -83,491 | € -102,153 | ▼ € 18,662 |
| Balance sheet total | € 14,442 | € 14,685 | € 14,744 |
Key figures of FLASHBAG, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FLASHBAG?
What happened at FLASHBAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 17,946 (▼ € 25,629 vs 2022). filed late Source: NBB ↗
- Alain DE GREEF became a director. NBB
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,026 loss in 2021 to € 17,946 loss in 2023.
Paid € 145 in corporate taxes since 2021.
Best year ever: 2022, with € 7,683 profit.
Management
Behind FLASHBAG is Alain DE GREEF.
Directors
According to the 2023 annual accounts
Alain DE GREEF
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Schoolstraat 8
3090 Overijse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.341.909
- VAT number
- BE 0449.341.909
- Registered office
- Schoolstraat 8, 3090 Overijse
- Names & denominations
- FLASHBAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1993
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde groothandel
Overige groothandel