BLACA Invest
ActiveThe computed 12-month bankruptcy probability of BLACA Invest is 1.7% (moderate). The 2025 annual accounts show equity of €496k and a net result of €225k. Equity is growing by ~46.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 27451 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+23
Solvency72▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.66 against 1.2 in 2024; short-term debt: 8.4% and cash: 1.7% of total assets), but 53.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
21.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
13 d late
2024
28 d early
2023
21 d early
2022
10 d late
2021
26 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€496k▲ 83.0%
2024 · €271k
2021: €107k
2022: €127k
2023: €243k
2024: €271k
2021 → 2025
Total assets
€1.06M▲ 10.5%
2024 · €958k
2021: €210k
2022: €779k
2023: €987k
2024: €958k
2021 → 2025
Net result
€225k▲ 693%
2024 · €28k
2021: €102k
2022: €20k
2023: €115k
2024: €28k
2021 → 2025
Working capital
€325k▲ 615%
2024 · €45k
2021: €88k
2022: €-51k
2023: €12k
2024: €45k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€127k▲ 18.5%€243k▲ 90.8%€271k▲ 11.7%€496k▲ 83.0%
Operating result€135k-€40k▼ 70.5%€134k▲ 238%€51k▼ 61.9%€300k▲ 486%
Net result€102k-€20k▼ 80.6%€115k▲ 481%€28k▼ 75.4%€225k▲ 693%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 486% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€645k▼ 5.5%
Current assets
€414k▲ 49.9%
Equity and liabilities €1.06M
Equity
€496k▲ 83.0%
Provisions
€50k
Debt
€513k▼ 25.4%
The debt ratio falls from 71.7% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€348k▲
2024 · €110k
Cash flow
€273k▲
2024 · €87k
Solvency
46.8%▲
2024 · 28.3%
Current ratio
4.66▲
2024 · 1.20
Quick ratio
4.66▲
2024 · 1.07
Debt / equity
1.03▼
2024 · 2.54
ROE
45.4%▲
2024 · 10.5%
ROA
21.2%▲
2024 · 3.0%
Interest coverage
27.37▲
2024 · 8.24
Debt
€513k▼
2024 · €687k
Debt ≤ 1 year
€89k▼
2024 · €231k
Debt > 1 year
€420k▼
2024 · €456k
Income taxes
€12k▲
2024 · €10k
Staff costs
€218k▼
2024 · €308k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€958k€1.06M▲
Fixed assets21/28€682k€645k▼
Intangible fixed assets21€1k-
Tangible fixed assets22/27€680k€645k▼
Land and buildings22€611k€581k▼
Plant, machinery and equipment23€43k€36k▼
Furniture and vehicles24€27k€27k▲
Current assets29/58€276k€414k▲
Stocks and contracts in progress3€30k-
Stocks30/36€30k-
Amounts receivable within one year40/41€173k€393k▲
Trade receivables40€124k€121k▼
Other amounts receivable41€50k€272k▲
Cash at bank and in hand54/58€73k€18k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€958k€1.06M▲
Equity10/15€271k€496k▲
Contributions10/11€5k€5k=
Reserves13€266k€491k▲
Tax-exempt reserves132-€200k
Distributable reserves133€266k€291k▲
Provisions and deferred taxes16-€50k
Deferred taxes168-€50k
Amounts payable17/49€687k€513k▼
Amounts payable after more than one year17€456k€420k▼
Financial debts170/4€456k€420k▼
Amounts payable within one year42/48€231k€89k▼
Current portion of amounts payable after more than one year42€54k€53k▼
Trade debts44€53k€13k▼
Suppliers440/4€53k€13k▼
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Other amounts payable47/48€114k€12k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€308k€218k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€48k▼
Other operating charges640/8€4k€8k▲
Gross operating margin9900€422k€573k▲
Operating profit (loss)9901€51k€300k▲
Financial income75/76B€20€88▲
Recurring financial income75€20€88▲
Financial charges65/66B€13k€13k▼
Recurring financial charges65€13k€13k▼
Profit (loss) for the period before taxes9903€38k€287k▲
Transfer to deferred taxes680-€50k
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€28k€225k▲
Transfer to tax-exempt reserves689-€200k
Profit (loss) for the period to be appropriated9905€28k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€25k▼
Transfer to equity691/2€28k€25k▼
To other reserves6921€28k€25k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Highest result since 2021net €225k ▲693%
Operating result €300k, net result €225k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.66
Current ratio from 1.20 to 4.66; short-term debt falls from €231k to €89k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €243k ▲90.8%
3 profitable years in a row build equity to €243k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Weakest financial yearnet €20k ▼80.6%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eekhoutstraat 11A8755 WingeneGround area
1.8 ha
Building footprint
1,223 m²
Volume, LiDAR
7,340 m³
Parcel 37012D0171/00D000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB Schilder- en decoratiewerken
since 20202.304.258.655
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012D0171/00D000 | Flanders | 1.8 ha | 1 · 1,223 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 164 EUR awarded · 164 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 164 EUR | 164 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 1,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
70200Business and other management consultancy
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
74104Other professional, scientific and technical activities
74130Interior design
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.