ACTIVE

Flash 88

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Financial year 2025 · closed on 31/12/2025
Net result
13,5 k €
-53.1% YoY
Gross margin
40,5 k €
-34.9% YoY
Equity
146,7 k €
+0.1% YoY

What does Flash 88 do?

Flash 88 is a Private limited company incorporated in 2018. Its main activity is: Photographic activities. Its registered office is in Lommel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0715.678.767
Incorporation
11/12/2018
Legal form
Private limited company
Registered office
Einde 88
3920 Lommel · FlandreSee on map
Contributed capital
14 260,00 €
Latest accounts
31/12/2025
Activities (NACE)
74201Photographic activities· main74201Photographic activities85599Other education n.e.c.85599Other education n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin40,5 k €62,2 k €68,5 k €62,7 k €37,2 k €26,4 k €34,9 k €
EBITDA38,1 k €59,4 k €66,4 k €60,9 k €35,6 k €24,4 k €32,9 k €
Operating result16,4 k €38,8 k €43,2 k €41,6 k €18,1 k €9,8 k €18,8 k €
Net result13,5 k €28,9 k €31,2 k €29,3 k €17,3 k €12 k €15,4 k €
Balance sheet
Equity146,7 k €146,6 k €117,7 k €86,4 k €57,1 k €39,8 k €27,8 k €
Total assets154,3 k €156,5 k €139,9 k €112,1 k €93,7 k €88,2 k €87,2 k €
Cash57,4 k €21,5 k €47,2 k €11 k €20,2 k €9,9 k €3,7 k €
Debts7 k €9,4 k €22,2 k €25,7 k €36,5 k €47,8 k €59,4 k €
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 · 1 active

Active mandates

Ben PHILIPSEN

Manager

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202625/06/202525/06/202427/06/202327/06/202222/06/2021
General meeting26/03/202628/04/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/03/202618/06/2026DutchPDF
Abridged model31/12/202428/04/202525/06/2025DutchPDF
Abridged model31/12/202314/06/202425/06/2024DutchPDF
Abridged model31/12/202209/06/202327/06/2023DutchPDF
Abridged model31/12/202110/06/202227/06/2022DutchPDF
Abridged model31/12/202011/06/202122/06/2021DutchPDF
Abridged model31/12/201912/06/202023/06/2020DutchPDF
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 · 1 active

Active mandates

Ben PHILIPSEN

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/08/2019
    KAPITAAL - AANDELEN
    PDF
  • Other13/12/2018
    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. 2025
    Annual accounts 202513,5 k €↓
  2. 2024
    Annual accounts 202428,9 k €↓
  3. 2023
    Annual accounts 202331,2 k €↑
  4. 2022
    Annual accounts 202229,3 k €↑
  5. 2021
    Annual accounts 202117,3 k €↑
  6. 2020
    Annual accounts 202012 k €↓
  7. 2019
    Annual accounts 201915,4 k €
  8. 11/12/2018
    IncorporationPrivate limited company