Result
-€19,154 -€19,154
From profit to loss in 2025, after a profit of €501,842 in 2024.
BLAC
Overview
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2001peak €1.0m (2024)
€290,738▼ 71.1%
lowest -€104,087 (2008)
-€19,154▼ €520,996
peak €3.0m (2024)
€2.9m▼ 0.6%
€1.1m▼ 1.9%
Board3 names since 2018
2 directorsAndré De Wilde and 1 other
Documentsfilings and deeds
28-04-20263 days before the deadline
2025abbreviated format
Gross margin from €1.0m to €290,738Loss of €19,154
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The abbreviated format states no turnover.
Investments
€453,771 2.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 18.0% higher than in 2024.
Liquidity
13.15 was 18.45 in 2024
Short-term debts rose from €84,754 to €105,842.
Filings
25 annual accounts since 2001
Five of the last ten came late. The 2020 accounts came latest: 30 days after the end of the period.
Position in the sector
€2.9m
More equity than 88% of companies in real estate. Sector median €300,024 · 11,302 companies.
Checked score
96
Excellent
Financially stronger than 65% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025highest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €4.3m
Liquidity: current ratio 13.15, cash €848,220
Figures for financial year 2025 (filed on 28-04-2026)
Equity €2.9m (68.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 80% of them on solvency, 95% on liquidity, 48% on profitability and 39% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 01-10-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as BLAC has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BLAC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for BLAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.15 (18.45 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 19.7% of total assets. 31.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 01-10-2025 was due by 01-05-2026 and was filed on 28-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
15 days late
2023
16 days late
2022
15 days late
2021
29 days late
2020
30 days late
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 01-10-2026 is due by 01-05-2027. Nothing is late today. The company usually files around 16 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-10-2026 year end10-11-2026 today01-05-2027 deadline
Recent changes
Environmental permit granted
Slopen of verwijderen van een publiciteitsinrichting, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gent
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472758697
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Assenede
1 director appointed, 1 resignation
Change of role: André De Wilde, from director to managing director · Resignation: Sabine De Wilde · Appointment: Sabine De Wilde · General meeting of 05-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BLAC Maldegem | €4.3m | €290,738 | 68.1% | - |
| BELGIAN CONSULTING COMPANY Laarne | €4.2m | €292,932 | 80.8% | - |
| ZUTENDAAL Berlare | €4.2m | €307,381 | 29.8% | - |
| ALENTUM Ghent | €5.2m | €323,025 | 56.1% | - |
| MATTHYS Destelbergen | €4.5m | €241,344 | 12.5% | 0.5 |
| DEGECO Genk | €4.3m | €259,235 | 69.8% | 0.4 |
| J.V.S. Steenokkerzeel | €4.0m | €283,804 | 48.4% | - |
These companies have the same main activity as BLAC: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €4m and €5.2m, founded between 1996 and 2002.
Official details
Source: KBO- Status
- Active since 13-09-2000Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.100.343.7709990 Maldegem, since 25-06-2001
- Financial year end
- 1 October
- Peppol
- Reachable since 06-07-2026
Annual accounts to 01-10-2025
- €290,738▼ 71.1%
- €19,154
- €2.9m▼ 0.6%
- €4.3m▼ 1.1%
- Filing
- Filed on 28-04-2026, 3 days before the end of the filing period
Insights on BLAC
BLAC files the abbreviated format. That format states no turnover. The gross margin rose from €237,906 in 2007 to €290,738 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
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.
Board & ownership
Board
2 directors, 1 in day-to-day management, last change in 2024Director and managing director
director since 30-06-2018
managing director appointed by deed of 12-02-2024
listed in the 2025 annual accounts, filed on 28-04-2026
Director
since 30-06-2018
earlier managing director, until 06-07-2020
listed in the 2025 annual accounts, filed on 28-04-2026
- André De Wilde
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Het bestuursorgaan, evenals de gevolmachtigden voor het dagelijks bestuur binnen het kader van dit bestuur, mogen eveneens specifieke…”deed of 12-02-2024
Mandates through the years
3 names, the dashed line is todayLeadershipBoardEarliermandate already running before its first mention
Mandates as a list
- André De Wilde
- Director, from 30-06-2018 to date
- Managing director, since before 12-10-2018
- Sabine De Wilde
- Director, from 30-06-2018 to date
- Managing director, appointed by deed of 20-03-2020, until 06-07-2020
- Cathérine Creve
- Director, until 12-10-2018
Control
Capital
- Capital
- €1,585,000
- Shares
- 15,850
- Contribution per share
- €100
- Equity per share
- €185 in 2025
- Source
- deed of 12-02-2024
Articles of association
deed of 12-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of March at 10:00
Network & group
Holdings
own accounts to 01-10-2025This companyBLAC1 holding, 1 country
accounts to 01-10-2025
Belgium 1 Equity Result
- BE VONDEL99.5% €162,021 result €18,604
Source: list of holdings in its own 01-10-2025 accounts. Every holding stands with its own latest accounts.
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- VONDELsubsidiaryEquity €162,021 Profit of €18,604 in 2025 (profit of €18,342 in 2024) Checked score 97Sourceown accounts 01-10-202599.5%
Connections & network
2 current directorsThe network starts from the directors of BLAC. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
44 events since 2000Board
Filings
Financial
Permits
Establishments
200020052010201520202025
Deadline for the 2026 accounts: 01-05-2027
2026
Environmental permit granted OmgevingsloketSlopen of verwijderen van een publiciteitsinrichting, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gent
Registered in the Peppol Directory Reachable for e-invoices through 0208:0472758697
Annual accounts 2025 filed PDFabbreviated format · 3 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 15 days late
2024
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Assenede
Liquidity more than doubled current ratio 18.45 The current ratio rises from 6.69 to 18.45. Short-term debt falls from €99,394 to €84,754.
Annual accounts 2023 filed PDFabbreviated format · 16 days late
1 director appointed, 1 resignationChange of role: André De Wilde, from director to managing director · Resignation: Sabine De Wilde · Appointment: Sabine De Wilde · General meeting of 05-02-202410 points ▸
- General meeting, 05-02-2024
- Capital, €1,585,000, 15,850 shares
- Registered office clause, Dijkstraat 29, 9990 Maldegem
- Director resignation, André De Wilde
- Director resignation, Sabine De Wilde
- Director appointment, André De Wilde
- Director appointment, Sabine De Wilde
- Director discharge, André De Wilde
- Director discharge, Sabine De Wilde
- Director appointment, André De Wilde (managing director)
- The deed holds 1 more point.
2023
Back to profit net €96,596 The net result is €96,596, after one loss-making year.
Liquidity more than doubled current ratio 6.69 The current ratio rises from 2.99 to 6.69. Short-term debt falls from €125,143 to €99,394.
Annual accounts 2022 filed PDFabbreviated format · 15 days late
2022
Annual accounts 2021 filed PDFabbreviated format · 29 days late
2021
Highest result from 2007 to 2025 net €503,439 ▲182% The net result of €503,439 is the highest of those years.
Liquidity more than doubled current ratio 2.62 The current ratio rises from 0.96 to 2.62. Short-term debt falls from €522,568 to €105,289.
Annual accounts 2020 filed PDFabbreviated format · 30 days late
2020
Resignation: Sabine De Wilde (managing director)1 point ▸
- Director resignation, Sabine De Wilde (managing director)
Annual accounts 2019 filed PDFabbreviated format · 4 days before the deadline
- Board meeting, 09-03-2020
- Director appointment, Sabine De Wilde (managing director)
2019
Back to profit net €153,748 The net result is €153,748, after one loss-making year.
Equity above €2m equity €2.0m ▲8.3% Equity rises from €1.9m to €2.0m.
Annual accounts 2018 filed PDFabbreviated format · 5 days before the deadline
2018
1 director resigning, 2 reappointmentsReappointments: André De Wilde (managing director) and Sabine De Wilde · Resignation: Cathérine Creve · General meeting of 30-06-20186 points ▸
- General meeting, 30-06-2018
- Board meeting, 30-06-2018
- Director reappointment, André De Wilde
- Director reappointment, Sabine De Wilde
- Director resignation, Cathérine Creve
- Director reappointment, André De Wilde (managing director)
Annual accounts 2017 filed PDFabbreviated format · 19 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 45 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 36 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 41 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 16 days late
2012
Back to profit net €150,427 The net result is €150,427, after 4 loss-making years.
Annual accounts 2011 filed PDFabbreviated format · 5 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline
2010
Equity above €1m equity €1.3m ▲264% Equity rises from €364,558 to €1.3m.
Annual accounts 2009 filed PDFabbreviated format · 25 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 3 days before the deadline
2008
Weakest financial year net -€104,087 The net result drops to -€104,087, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2007 filed PDFabbreviated format · 44 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 42 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment Dijkstraat 29, Maldegem
2000
Incorporation published on 23-09-2000
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0472.758.697
- VAT number
- BE 0472.758.697
- Peppol ID
- 0208:0472758697
- Other Peppol ID
- 9925:BE0472758697
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 13-09-2000
- Financial year
- ends on 1 October
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of March at 10:00deed of 12-02-2024 (in Dutch)
- Peppol
- Reachable since 06-07-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BLAC in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-02-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 12-02-2024 (in Dutch)
Activities
NACEBEL 202568201
Renting and operating of own or leased residential real estate, excluding social housing main activity
Codes under NACEBEL 2008
68201
Real estate activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het beheer van onroerend en roerend patrimonium; Zij mag onder meer onroerende goederen…”deed of 12-02-2024 (in Dutch)
8 activities
- Het beheer van onroerend en roerend patrimonium.
- Zij mag onder meer onroerende goederen verwerven,bouwen,opschikken,uitrusten,ombouwen,verhuren en vervreemden,dit alles in het kader van beheer.
- Het beleggen in roerende goederen en waarden.
- De vennootschap mag ook optreden als manager,bestuurder of consultant van andere vennootschappen.
- De vennootschap mag handel drijven in bieren,waters,limonades,fruitsappen,frisdranken en alle andere dranken.
- De vennootschap mag drankgelegenheden uitbaten alsook de koop en verkoop van alle uitrustingen voor de eet- en drankgelegenheden,alsmede het inrichten van deze en de eventuele verhuur ervan.
- Zij mag eveneens horeca- en ontspanningstoestellen kopen,verkopen,huren en verhuren.
- Zij mag zowel in België als in het buitenland alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichtingen in rechtstreeks of onrechtstreeks verband met haar voorwerp.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Dijkstraat 29 registered office 9990 Maldegem | 25-06-2001 | 2.100.343.770 |
Environmental permits
2 applications in Flanders since 2024 · 2 granted| 20-08-2026 | Granted | Slopen of verwijderen van een publiciteitsinrichting; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 12-06-2026 · project 2026066818 | Gent |
| 15-10-2024 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 09-07-2024 · project 2024090698 | Assenede |
Source: Omgevingsloket Vlaanderen.