ACTIVE

Flash Belgium

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

26 k €

-34.9% YoY

Gross margin

27,7 k €

-34.0% YoY

Equity

350,8 k €

+8.0% YoY

What does Flash Belgium do?

Flash Belgium is a Public limited company incorporated in 1992. Its main activity is: Support activities for transportation. Its registered office is in Genk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.033.892

Incorporation

10/08/1992

Legal form

Public limited company

Registered office

Jaarbeurslaan 29 box 11
3600 Genk · FlandreSee on map

Contributed capital

642 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

52250Support activities for transportation· main 52260Support activities for transportation 52290Other transportation support activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	27,7 k €	-34.0%	42 k €	-34.9%	64,6 k €	-36.0%	100,8 k €	+10.4%	91,3 k €	+181%	32,5 k €	+836%	3,5 k €	-68.8%	11,1 k €	-35.6%	17,3 k €	-49.7%	34,4 k €	+166%	12,9 k €	-81.7%	70,7 k €	-51.3%	145,1 k €	+6.8%	135,8 k €	-55.2%	303,4 k €	+0.7%	301,5 k €	-5.2%	318,1 k €	-13.8%	369 k €	-5.7%	391,3 k €	-21.3%	497,1 k €
EBITDA	27,5 k €	-32.6%	40,9 k €	-12.0%	46,4 k €	-3.5%	48,1 k €	+25.3%	38,4 k €	+81.7%	21,1 k €	+639%	2,9 k €	+117%	1,3 k €	-92.1%	16,6 k €	-48.9%	32,5 k €	+172%	11,9 k €	+19.0%	10 k €	-35.9%	15,6 k €	-18.6%	19,2 k €	-52.7%	40,6 k €	-11.2%	45,7 k €	-2.2%	46,7 k €	+10.7%	42,2 k €	-14.6%	49,4 k €	+20.9%	40,9 k €
Operating result	27,5 k €	-32.6%	40,9 k €	-12.0%	46,4 k €	-3.5%	48,1 k €	+25.3%	38,4 k €	+81.7%	21,1 k €	+639%	2,9 k €	+117%	1,3 k €	-92.1%	16,6 k €	-48.9%	32,5 k €	+172%	11,9 k €	+19.0%	10 k €	-35.9%	15,6 k €	-18.6%	19,2 k €	-52.7%	40,6 k €	-11.2%	45,7 k €	-2.2%	46,7 k €	+10.7%	42,2 k €	-14.6%	49,4 k €	+20.9%	40,9 k €
Net result	26 k €	-34.9%	40 k €	-12.3%	45,6 k €	-3.0%	47 k €	+29.0%	36,4 k €	+74.0%	20,9 k €	+253%	-13,6 k €	-1207%	1,2 k €	-92.3%	15,9 k €	-49.0%	31,3 k €	+196%	10,6 k €	+34.7%	7,8 k €	-45.8%	14,4 k €	-17.3%	17,5 k €	-54.1%	38,1 k €	-10.2%	42,4 k €	-1.6%	43,1 k €	+14.3%	37,7 k €	-13.6%	43,7 k €	+33.3%	32,8 k €
Balance sheet
Equity	350,8 k €	+8.0%	324,8 k €	+14.0%	284,8 k €	+19.1%	239,2 k €	+24.5%	192,2 k €	+23.4%	155,8 k €	+15.5%	134,8 k €	-9.2%	148,5 k €	+0.8%	147,3 k €	+12.1%	131,3 k €	+31.3%	100 k €	+11.8%	89,5 k €	+9.6%	81,6 k €	+21.5%	67,2 k €	+35.1%	49,7 k €	+327%	11,6 k €	+138%	-30,8 k €	+58.3%	-73,9 k €	+33.8%	-111,6 k €	+28.1%	-155,3 k €
Total assets	398,9 k €	-4.5%	417,5 k €	-35.0%	642,7 k €	+92.9%	333,1 k €	-41.1%	565,6 k €	+155%	221,5 k €	+62.0%	136,8 k €	-10.1%	152,2 k €	+3.4%	147,3 k €	+12.1%	131,3 k €	+11.3%	118 k €	-5.7%	125,1 k €	-1.5%	127 k €	-30.9%	183,8 k €	-93.8%	3 M €	+15.5%	2,6 M €	+21.5%	2,1 M €	+27.7%	1,7 M €	+224%	513,9 k €	-39.7%	852,7 k €
Cash	89,8 k €	+980%	8,3 k €	+164%	3,1 k €	-98.1%	163,5 k €	+468%	28,8 k €	-53.7%	62,1 k €	+932%	6 k €	+5.3%	5,7 k €	+1334%	398,6 €	-89.7%	3,9 k €	+63.5%	2,4 k €	-45.9%	4,4 k €	-29.3%	6,2 k €	-2.3%	6,4 k €	-41.8%	10,9 k €	-60.9%	27,9 k €	+38.6%	20,2 k €	+64.5%	12,3 k €	-44.5%	22,1 k €	+101%	11 k €
Debts	48,1 k €	-48.2%	92,8 k €	-74.1%	357,9 k €	+281%	93,9 k €	-74.9%	373,4 k €	+468%	65,8 k €	+3277%	1,9 k €	-47.6%	3,7 k €		–		–		18 k €	-49.6%	35,7 k €	-21.4%	45,4 k €	-61.1%	116,6 k €	-96.0%	2,9 M €	+14.1%	2,6 M €	+19.2%	2,2 M €	+24.0%	1,7 M €	+178%	625,6 k €	-37.9%	1 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-47.4%	1,9 ETP	-24.0%	2,5 ETP	-16.7%	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	-34.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Jean-Francois Collenot

Director

Active

Philippe Higelin

Director

Active

Ended mandates

Financière FEI SAS

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Philippe Higelin

Ended

Financière FEI SAS BO

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Philippe Higelin

Ended

Flash Europe International SA

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Thierry Oddone

Ended

Flash Europe International SA BO

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Thierry Oddone

Ended

At this address

Other companies at this address

Company	CBE no.
ASSIGN● Active	0890.754.166
Assign Holding● Active	0785.319.126
Assign KMO IT services● Active	0822.386.784
BELGISCHE GROENTETELERS NOLIKO● Active	0450.554.409
BRUTAX● Active	0466.841.204
B&W● Active	0866.844.458
EFM Global Logistics Benelux● Active	0788.703.535
FLEXMAIL● Active	0835.786.642

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/06/2021	01/06/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/05/2021
Length of the financial year	12 months	12 months	12 months	12 months	7 months	12 months
Filing date	30/06/2026	17/07/2025	28/06/2024	03/07/2023	31/08/2022	08/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	30/11/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Micro model	31/05/2021	30/11/2021	08/12/2021	Dutch	PDF
Micro model	31/05/2020	30/11/2020	30/11/2020	Dutch	PDF
Micro model	31/05/2019	07/11/2019	03/12/2019	Dutch	PDF
Micro model	31/05/2018	31/10/2018	14/11/2018	Dutch	PDF
Micro model	31/05/2017	12/10/2017	29/10/2018	Dutch	PDF
Abridged model	31/05/2016	03/11/2016	17/11/2016	Dutch	PDF
Abridged model	31/05/2015	08/10/2015	19/02/2016	Dutch	PDF
Abridged model	31/05/2014	09/10/2014	10/06/2015	Dutch	PDF
Abridged model	31/05/2013	10/10/2013	16/07/2014	Dutch	PDF
Abridged model	31/05/2012	11/10/2012	30/10/2012	Dutch	PDF
Abridged model	31/05/2011	13/10/2011	15/11/2011	Dutch	PDF
Abridged model	31/05/2010	04/11/2010	30/11/2010	Dutch	PDF
Abridged model	31/05/2009	08/10/2009	09/11/2009	Dutch	PDF
Abridged model	31/05/2008	09/10/2008	04/11/2008	Dutch	PDF
Abridged model	31/05/2007	02/11/2007	29/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Jean-Francois Collenot

Director

Active

Philippe Higelin

Director

Active

Ended mandates

Financière FEI SAS

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Philippe Higelin

Ended

Financière FEI SAS BO

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Philippe Higelin

Ended

Flash Europe International SA

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Thierry Oddone

Ended

Flash Europe International SA BO

Director · since 06 juin 2012 · until 06 juin 2018

Represented by Thierry Oddone

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office06/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/09/2021
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/09/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/03/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202526 k €↓
2024
Annual accounts 202440 k €↓
2023
Annual accounts 202345,6 k €↓
2022
Annual accounts 202247 k €↑
2021
Annual accounts 202136,4 k €↑
2021
Annual accounts 202120,9 k €↑
2021
Name changeFlash Belgium
2020
Annual accounts 2020-13,6 k €↓
2019
Annual accounts 20191,2 k €↓
2018
Annual accounts 201815,9 k €↓
2017
Annual accounts 201731,3 k €↑
2016
Annual accounts 201610,6 k €↑
2015
Annual accounts 20157,8 k €↓
2014
Annual accounts 201414,4 k €↓
2013
Annual accounts 201317,5 k €↓
2012
Annual accounts 201238,1 k €↓
2011
Annual accounts 201142,4 k €↓
2010
Annual accounts 201043,1 k €↑
2009
Annual accounts 200937,7 k €↓
2008
Annual accounts 200843,7 k €↑
2007
Annual accounts 200732,8 k €
2007
Name changeROBERTS EUROPE
10/08/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Flash Belgium

Overview

What does Flash Belgium do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline