OPENING OF BANKRUPTCY

FLASH-SOLUTIONS

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Financial year 2020 · closed on 31/12/2020
Net result
-19,8 k €
-508.7% YoY
Revenue
379,8 k €
+1744.2% YoY
Equity
-31,9 k €
-163.8% YoY

Company — Opening of bankruptcy.

What does FLASH-SOLUTIONS do?

FLASH-SOLUTIONS is a Private limited company incorporated in 2017. Its main activity is: Beverage serving activities. Its registered office is in Gent.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0671.704.016
Incorporation
21/02/2017
Legal form
Private limited company
Registered office
Lieremanstraat 48
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Activities (NACE)
56301Beverage serving activities· main56301Beverage serving activities
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202020192018
Income statement
Revenue379,8 k €20,6 k €34,3 k €
EBITDA-19,8 k €-3,3 k €-27,5 k €
Operating result-19,8 k €-3,3 k €-27,5 k €
Net result-19,8 k €-3,3 k €-27,5 k €
Balance sheet
Equity-31,9 k €-12,1 k €-8,9 k €
Total assets23,4 k €816,2 €816 €
Cash15,7 k €816,2 €816 €
Debts55,3 k €12,9 k €9,7 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 1 ended

Active mandates

Olcay Karabulut

Mandate

Active

Ended mandates

Fathi Baddou

Mandate

Ended
Annual accounts

Full financial information

202020192018
Type of accountAbridged modelAbridged modelMicro model
Start of the financial year01/01/202001/01/201921/02/2017
Closing of the financial year31/12/202031/12/201931/12/2018
Length of the financial year12 months12 months23 months
Filing date21/08/202118/10/202029/09/2019
General meeting25/06/202107/09/202025/06/2019
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202025/06/202121/08/2021DutchPDF
Abridged model31/12/201907/09/202018/10/2020DutchPDF
Micro model31/12/201825/06/201929/09/2019DutchPDF
Estimate

Indicative valuation

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 31/12/2020 · 1 active · 1 ended

Active mandates

Olcay Karabulut

Mandate

Active

Ended mandates

Fathi Baddou

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/03/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates23/10/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/02/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2020
    Annual accounts 2020-19,8 k €↓
  2. 2019
    Annual accounts 2019-3,3 k €↑
  3. 2019
    Name changeFLASH-SOLUTIONS
  4. 2018
    Annual accounts 2018-27,5 k €
  5. 2018
    Name changeSeduction Lounge
  6. 21/02/2017
    IncorporationPrivate limited company