BLAC
Annual accounts 2025
abbreviated format, filed on 28-04-2026, 3 days before the deadline€290,738
▼ 71.1%
€25,549
▼ 96.6%
-€19,154
▼ €520,996
€1.3m
▼ 13.0%
68.1%
▲ 0.3 percentage points
13.15
▼ 5.30
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €290,000 and €360,000.
In the rankings
#8 company by equity in Maldegem, Real estate sector
Balance sheet
balance sheet total €4.3m on 01-10-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
68.1%
Higher than 78% of 11,297 companies in 2025.
13.15
Higher than 92% of 10,849 companies in 2025.
-0.4%
Higher than 34% of 11,182 companies in 2025.
BLAC
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
4.3m | 4.4m | 3.8m | 3.7m | 3.8m | 4.0m | 4.0m | 4.0m | 3.7m | 3.9m | 4.0m | 3.8m | 3.8m | 4.0m | 4.1m | 4.2m | 3.1m | 3.4m | 2.9m | |
21/28 |
2.9m | 2.8m | 3.1m | 3.4m | 3.6m | 3.5m | 3.8m | 4.0m | 3.6m | 3.7m | 3.8m | 3.6m | 3.8m | 3.9m | 4.1m | 4.2m | 3.1m | 3.4m | 2.9m | |
22/27 |
2.5m | 2.3m | 2.6m | 2.9m | 3.1m | 3.1m | 3.3m | 3.5m | 3.2m | 3.2m | 3.3m | 3.0m | 3.1m | 3.3m | 3.4m | 3.5m | 2.5m | 2.7m | 2.3m | |
22 |
2.4m | 2.3m | 2.6m | 2.9m | 3.1m | 3.1m | 3.3m | 3.4m | 3.1m | 3.2m | 3.3m | 3.0m | 3.1m | 3.3m | 3.4m | 3.5m | 2.5m | 2.7m | 2.3m | |
23 |
2,294 | 1,945 | 0 | 1,000 | 2,000 | - | - | - | 370 | 741 | - | 562 | - | - | - | - | - | - | - | |
24 |
23,857 | 35,785 | 47,713 | - | - | - | 26,729 | 43,258 | 59,787 | 18,267 | 5,642 | - | - | - | - | - | - | - | - | |
28 |
467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 467,650 | 656,265 | 656,265 | 656,265 | 656,265 | 656,265 | 656,265 | 656,265 | 656,265 | |
29/58 |
1.4m | 1.6m | 665,415 | 373,804 | 275,903 | 504,232 | 217,599 | 87,170 | 71,079 | 177,433 | 241,820 | 115,082 | 45,490 | 71,703 | 47,650 | 33,425 | 4,527 | 7,701 | 4,999 | |
40/41 |
43,415 | 27,349 | 8,163 | 41,349 | 20,164 | 83,600 | 66,610 | 47,120 | 28,880 | 10,640 | 44,613 | 7 | 14 | - | 23 | 7,355 | 12 | 441 | 446 | |
40 |
- | 3,950 | 633 | - | - | - | 1,250 | - | - | - | 13,863 | - | - | - | - | - | - | - | 5 | |
41 |
43,415 | 23,399 | 7,530 | 41,349 | 20,164 | 83,600 | 65,360 | 47,120 | 28,880 | 10,640 | 30,749 | 7 | 14 | - | 23 | 7,355 | 12 | 441 | 441 | |
50/53 |
500,000 | 750,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
848,220 | 785,977 | 657,252 | 332,455 | 255,739 | 396,870 | 150,989 | 40,050 | 42,199 | 166,793 | 197,207 | 111,477 | 45,476 | 71,703 | 47,627 | 24,065 | 1,395 | 7,260 | 4,553 | |
490/1 |
- | - | - | - | - | 23,762 | - | - | - | - | - | 3,599 | - | - | - | 2,004 | 3,120 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
4.3m | 4.4m | 3.8m | 3.7m | 3.8m | 4.0m | 4.0m | 4.0m | 3.7m | 3.9m | 4.0m | 3.8m | 3.8m | 4.0m | 4.1m | 4.2m | 3.1m | 3.4m | 2.9m | |
10/15 |
2.9m | 3.0m | 2.5m | 2.4m | 2.4m | 2.2m | 2.0m | 1.9m | 1.9m | 1.9m | 1.7m | 1.6m | 1.5m | 1.5m | 1.3m | 1.3m | 364,558 | 374,552 | 478,640 | |
10/11 |
1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 540,000 | 540,000 | 540,000 | |
10 |
1.6m | 1.6m | 1.6m | 1.6m | 1.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 540,000 | 540,000 | 540,000 | |
13 |
1.4m | 1.4m | 866,697 | 820,712 | 859,442 | 605,772 | 427,000 | 273,500 | 319,500 | 158,500 | 150,000 | 55,000 | - | - | - | - | - | - | - | |
130/1 |
158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 158,500 | 150,000 | 55,000 | - | - | - | - | - | - | - | |
132 |
837,507 | 860,924 | 372,197 | 276,212 | 296,942 | 165,272 | 52,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
354,000 | 350,000 | 336,000 | 386,000 | 404,000 | 282,000 | 216,000 | 115,000 | 161,000 | - | - | - | - | - | - | - | - | - | - | |
14 |
850 | 588 | 1,473 | 861 | 192 | 424 | 648 | 401 | 689 | 115,934 | 1,328 | 896 | -39,159 | -120,872 | -271,299 | -256,231 | -175,442 | -165,448 | -61,360 | |
16 |
279,169 | 286,975 | 124,066 | 92,071 | 98,981 | 55,091 | 17,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
279,169 | 286,975 | 124,066 | 92,071 | 98,981 | 55,091 | 17,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.8m | 1.9m | 2.2m | 1.8m | 2.0m | 2.3m | 2.1m | 2.3m | 2.5m | 2.8m | 2.9m | 2.8m | 3.0m | 2.5m | |
17 |
970,776 | 1.0m | 1.1m | 1.1m | 1.2m | 1.3m | 1.4m | 1.5m | 922,879 | 1.1m | 1.3m | 965,768 | 1.1m | 1.3m | 1.5m | 1.6m | 1.7m | 1.9m | 1.6m | |
170/4 |
951,834 | 993,082 | 1.0m | 1.1m | 1.2m | 1.2m | 1.4m | 1.5m | 915,279 | 1.1m | 1.3m | 963,968 | 1.1m | 1.3m | 1.5m | 1.6m | 1.7m | 1.9m | 1.6m | |
178/9 |
18,942 | 18,942 | 18,942 | 15,825 | 11,725 | 9,475 | 9,475 | 7,600 | 7,600 | 7,600 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | - | |
42/48 |
105,842 | 84,754 | 99,394 | 125,143 | 105,289 | 522,568 | 560,139 | 627,764 | 834,965 | 870,100 | 945,306 | 1.1m | 1.1m | 1.2m | 1.3m | 1.2m | 1.0m | 1.1m | 871,007 | |
42 |
47,174 | 46,212 | 52,336 | 75,571 | 90,685 | 109,735 | 164,758 | 196,899 | 207,527 | 205,382 | 204,654 | 170,227 | 170,227 | 170,227 | 170,227 | 200,989 | 225,208 | 225,208 | 187,634 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,298 | 445 | 1,800 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,298 | 445 | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,800 | |
44 |
41,676 | 19,294 | - | 26,571 | 14,525 | 55,741 | 17,288 | 1,696 | 18,792 | 17,555 | 8,940 | 20,902 | 391 | 750 | 85 | 2,004 | - | 94 | - | |
440/4 |
41,676 | 19,294 | - | 26,571 | 14,525 | 55,741 | 17,288 | 1,696 | 18,792 | 17,555 | 8,940 | 20,902 | 391 | 750 | 85 | 2,004 | - | 94 | - | |
45 |
16,992 | 19,248 | 13,680 | 9,768 | - | 7,258 | 564 | 679 | 14,226 | 11,427 | - | 367 | - | - | - | - | - | - | - | |
450/3 |
16,992 | 19,248 | 13,680 | 9,768 | - | 7,258 | 564 | 679 | 14,226 | 11,427 | - | - | - | - | - | - | - | - | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 367 | - | - | - | - | - | - | - | |
47/48 |
- | - | 33,378 | 13,233 | 79 | 349,834 | 377,528 | 428,491 | 594,420 | 635,737 | 731,712 | 931,940 | 950,967 | 1.1m | 1.1m | 983,141 | 800,723 | 844,434 | 681,573 | |
492/3 |
22,286 | 23,532 | 25,818 | 23,987 | 19,593 | 27,379 | 22,396 | 30,168 | 28,775 | 29,057 | 31,019 | 28,999 | - | - | 62,227 | 57,587 | 62,501 | 42,194 | 22,788 | |
| Income statement | ||||||||||||||||||||
76A |
- | 680,986 | 157,760 | - | 196,019 | 166,749 | 70,000 | - | - | 30,250 | 149,400 | - | - | - | - | - | - | - | - | |
9900 |
290,738 | 1.0m | 469,870 | 313,708 | 575,308 | 523,148 | 493,779 | 394,913 | 399,863 | 361,505 | 319,519 | 372,480 | 370,454 | 386,536 | 352,206 | 323,435 | 284,125 | 251,351 | 237,906 | |
62 |
- | - | - | - | - | - | - | - | - | - | 19,377 | 4,877 | - | - | - | - | - | - | - | |
630 |
212,748 | 206,567 | 223,998 | 221,533 | 212,954 | 225,118 | 261,014 | 359,502 | 217,395 | 199,553 | 257,072 | 168,027 | 163,894 | 163,331 | 166,966 | 176,020 | 105,609 | 184,206 | 114,264 | |
640/8 |
43,757 | 48,329 | 45,769 | 98,654 | 59,632 | 45,810 | 42,459 | 42,482 | 83,228 | 10,304 | 40,342 | 33,135 | 32,484 | 31,651 | 29,719 | 24,036 | 23,647 | 20,309 | 17,884 | |
66A |
8,684 | - | - | - | - | 18,985 | - | 13,520 | - | - | - | - | - | - | 975 | - | - | - | 24 | |
9901 |
25,549 | 750,310 | 200,103 | -6,479 | 302,723 | 233,235 | 190,305 | -20,591 | 99,239 | 151,648 | 2,727 | 166,441 | 174,077 | 191,554 | 155,521 | 123,378 | 154,869 | 46,836 | 105,758 | |
75/76B |
16,750 | - | 624 | 930 | 348,154 | 3,420 | 789 | 1,843 | 877 | 2,575 | 274 | 43 | 68 | 62,262 | 1,161 | 119 | 11 | 9 | - | |
75 |
16,750 | - | 624 | 930 | 348,154 | 3,420 | 789 | 1,843 | 877 | 2,575 | 274 | 43 | 68 | 62,262 | 1,161 | 119 | 11 | 9 | - | |
65/66B |
66,566 | 78,902 | 58,473 | 39,422 | 103,547 | 13,235 | 19,283 | 26,861 | 36,119 | 49,940 | 56,969 | 71,429 | 92,432 | 103,388 | 170,774 | 204,286 | 164,873 | 150,931 | 97,419 | |
65 |
66,566 | 78,902 | 58,473 | 39,422 | 103,547 | 13,235 | 19,283 | 26,861 | 36,119 | 49,940 | 56,969 | 71,429 | 92,432 | 103,388 | 170,774 | 204,286 | 164,873 | 150,931 | 97,419 | |
9903 |
-24,268 | 671,407 | 142,254 | -44,971 | 547,329 | 223,420 | 171,812 | -45,609 | 63,998 | 134,533 | 95,432 | 95,055 | 81,713 | 150,427 | -15,066 | -80,789 | -9,992 | -104,086 | 8,315 | |
780 |
7,805 | 7,337 | 7,445 | 6,910 | 5,114 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | 170,246 | 39,440 | - | 49,005 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
2,692 | 6,657 | 13,663 | - | - | 7,283 | 564 | 679 | 18,243 | 11,427 | - | - | - | - | 2 | - | 2 | 1 | -18 | |
9904 |
-19,154 | 501,842 | 96,596 | -38,061 | 503,439 | 178,547 | 153,748 | -46,288 | 45,755 | 123,106 | 95,432 | 95,055 | 81,713 | 150,427 | -15,068 | -80,789 | -9,994 | -104,087 | 8,333 | |
789 |
23,416 | 22,012 | 22,336 | 20,730 | 15,343 | 7,955 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | 510,739 | 118,320 | - | 147,014 | 120,727 | 52,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
4,262 | 13,115 | 612 | -17,331 | 371,769 | 65,775 | 101,248 | -46,288 | 45,755 | 123,106 | 95,432 | 95,055 | 81,713 | 150,427 | -15,068 | -80,789 | -9,994 | -104,087 | 8,333 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
4,850 | 14,588 | 1,473 | -17,139 | 372,192 | 66,424 | 101,648 | -45,599 | 161,689 | 124,434 | 96,328 | 55,896 | -39,159 | -120,872 | -271,299 | -256,231 | -175,442 | -165,448 | -61,360 | |
14P |
588 | 1,473 | 861 | 192 | 424 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 50,000 | 18,000 | 250,000 | - | - | 46,000 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
4,000 | 14,000 | - | - | 372,000 | 66,000 | 101,000 | - | 161,000 | 8,500 | 95,000 | 55,000 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 8,500 | 95,000 | 55,000 | - | - | - | - | - | - | - | |
6921 |
4,000 | 14,000 | - | - | 372,000 | 66,000 | 101,000 | - | 161,000 | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | 50,000 | - | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | 50,000 | - | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 6 older financial years (2001-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 01-10-2025 | abbreviated format | 28-04-2026 | 2026-00089696 | |
| 01-10-2024 | abbreviated format | 16-05-2025 | 2025-00095648 | |
| 01-10-2023 | abbreviated format | 17-05-2024 | 2024-00089522 | |
| 01-10-2022 | abbreviated format | 16-05-2023 | 2023-00087605 | |
| 01-10-2021 | abbreviated format | 30-05-2022 | 2022-20036408 | |
| 01-10-2020 | abbreviated format | 31-05-2021 | 2021-16100081 | |
| 01-10-2019 | abbreviated format | 27-04-2020 | 2020-09900273 | |
| 01-10-2018 | abbreviated format | 26-04-2019 | 2019-10800591 | |
| 01-10-2017 | abbreviated format | 12-04-2018 | 2018-09900180 | |
| 01-10-2016 | abbreviated format | 17-03-2017 | 2017-06600297 | |
| 01-10-2015 | abbreviated format | 31-03-2016 | 2016-08900353 | |
| 01-10-2014 | abbreviated format | 26-03-2015 | 2015-07400482 | |
| 01-10-2013 | abbreviated format | 21-03-2014 | 2014-07000403 | |
| 01-10-2012 | abbreviated format | 17-05-2013 | 2013-12400079 | |
| 01-10-2011 | abbreviated format | 26-04-2012 | 2012-09700463 | |
| 01-10-2010 | abbreviated format | 28-04-2011 | 2011-09400471 | |
| 01-10-2009 | abbreviated format | 06-04-2010 | 2010-08800064 | |
| 01-10-2008 | abbreviated format | 28-04-2009 | 2009-12400009 | |
| 01-10-2007 | abbreviated format | 18-03-2008 | 2008-07400070 | |
| 01-10-2006 | abbreviated format | 20-03-2007 | 2007-08102269 | |
| 01-10-2005 | abbreviated format | 20-03-2006 | 2006-07700054 | |
| 01-10-2004 | abbreviated format | 30-03-2005 | 2005-09700995 | |
| 01-10-2003 | abbreviated format | 31-03-2004 | 2004-09604221 | |
| 01-10-2002 | abbreviated format | 06-03-2003 | 2003-06303592 | |
| 01-10-2001 | abbreviated format | 02-04-2002 | 2002-08400514 |
Subsidies and aid
Flemish government 2023 to 2024, 2 entries, €447 awarded, €447 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €229 | €229 |
| 2023 | 1 | €218 | €218 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 238,298 | 956,877 | 424,101 | 215,054 | 515,676 | 458,353 | 451,320 | 338,911 | 316,635 | 351,201 | 259,800 | 334,468 | 337,970 | 354,885 | 322,487 | 299,398 | 260,479 | 231,042 | 220,022 | ||
| 193,594 | 708,409 | 320,594 | 183,472 | 716,393 | 403,665 | 414,762 | 313,214 | 263,150 | 322,659 | 352,504 | 263,082 | 245,606 | 313,758 | 151,898 | 95,231 | 95,615 | 80,118 | 122,597 | ||
| 453,771 | 81,843 | 81,040 | 37,204 | 379,094 | 273,535 | 62,909 | 707,937 | 125,245 | 110,297 | 761,023 | 54,113 | 1,687 | 8,657 | 56,035 | 1.2m | -145,064 | 618,420 | 173,157 | ||
| 62,243 | 128,725 | 324,797 | 76,717 | -141,131 | 245,881 | 110,939 | -2,149 | -124,594 | -30,414 | 85,731 | 66,001 | -26,227 | 24,076 | 23,561 | 22,670 | -5,864 | 2,707 | - | ||
| 1.3m | 1.5m | 566,021 | 248,661 | 170,613 | -18,336 | -342,540 | -540,594 | -763,885 | -692,667 | -703,485 | -1.0m | -1.1m | -1.1m | -1.2m | -1.2m | -1.0m | -1.1m | -866,008 | ||
| 68.1% | 67.7% | 65.3% | 64.2% | 63.8% | 54.1% | 50.6% | 46.0% | 51.6% | 47.8% | 42.9% | 43.7% | 40.6% | 36.7% | 31.9% | 31.5% | 11.7% | 11.1% | 16.3% | ||
| 13.15 | 18.45 | 6.69 | 2.99 | 2.62 | 0.96 | 0.39 | 0.14 | 0.09 | 0.20 | 0.26 | 0.10 | 0.04 | 0.06 | 0.04 | 0.03 | 0.00 | 0.01 | 0.01 | ||
| 0.37 | 0.38 | 0.48 | 0.52 | 0.53 | 0.82 | 0.97 | 1.17 | 0.94 | 1.09 | 1.33 | 1.29 | 1.46 | 1.73 | 2.14 | 2.18 | 7.55 | 8.00 | 5.13 | ||
| -0.7% | 17.0% | 3.9% | -1.6% | 20.6% | 8.1% | 7.6% | -2.5% | 2.4% | 6.6% | 5.5% | 5.8% | 5.3% | 10.3% | -1.1% | -6.1% | -2.7% | -27.8% | 1.7% | ||
| -0.4% | 11.5% | 2.6% | -1.0% | 13.1% | 4.4% | 3.9% | -1.1% | 1.2% | 3.2% | 2.4% | 2.5% | 2.1% | 3.8% | -0.4% | -1.9% | -0.3% | -3.1% | 0.3% | ||
| 3.58 | 12.13 | 7.25 | 5.46 | 4.98 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 01-10-2025 | 01-10-2024 | 01-10-2023 | 01-10-2022 | 01-10-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €453,771 | €81,843 | €81,040 | €37,204 | €379,094 |
| €212,748 | €206,567 | €223,998 | €221,533 | €212,954 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BLAC
The operating result for 2025 is 97% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 25.7% to 25.5%. Equity and debt are lower.
Large changes and their cause
- 2024 Net result +420% on 2023. The 2024 profit included a one-off income of €680,986.