Equity
-€28,684
Debts exceed assets in financial year 2025.
Black en White
Lifetime
13 annual accounts with figures on one time axis, 14 filings since 2008peak €79,598 (2011)
-€350
lowest -€46,668 (2014)
-€350
peak €44,887 (2013)
-€28,684
€29,684
Board2 names since 2021
1 directorTHINK MORE
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €350No figures for the year before
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2008
Eight of the last ten came late. The 2016 accounts came latest: 57 days after the end of the period.
Position in the sector
-2868.4%
Lower solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 3% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 3.2%▲ +1.1 percentage points vs 12-2024
02-2025: 3.3%▲ +0.1 percentage points vs 01-2025
03-2025: 3.5%▲ +0.2 percentage points vs 02-2025
04-2025: 3.2%▼ -0.3 percentage points vs 03-2025
05-2025: 3.2%● unchanged vs 04-2025
06-2025: 3.2%● unchanged vs 05-2025
07-2025: 3.2%● unchanged vs 06-2025
08-2025: 4.8%▲ +1.6 percentage points vs 07-2025
09-2025: 6.0%▲ +1.2 percentage points vs 08-2025highest value
10-2025: 6.0%● unchanged vs 09-2025highest value
11-2025: 6.0%● unchanged vs 10-2025highest value
12-2025: 6.0%● unchanged vs 11-2025highest value
01-2026: 6.0%● unchanged vs 12-2025highest value
02-2026: 6.0%● unchanged vs 01-2026highest value
03-2026: 6.0%● unchanged vs 02-2026highest value
04-2026: 6.0%● unchanged vs 03-2026highest value
05-2026: 6.0%● unchanged vs 04-2026highest value
06-2026: 6.0%● unchanged vs 05-2026highest value
07-2026: 6.0%● unchanged vs 06-2026highest value
08-2026: 5.6%▼ -0.4 percentage points vs 07-2026
09-2026: 1.4%▼ -4.2 percentage points vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €350 (financial year 2025)
Liquiditeit niet neergelegd
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €1,000
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, micro). It does better than 5% of them on solvency, 0% on liquidity and 4% on profitability.
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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Credit verdict
No credit on open account
Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18212225
2018 to 2025 · latest year -€28,684
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2022
20 days late
2021
56 days early
2018
27 days late
2017
21 days late
2016
57 days late
2015
31 days late
← 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 19 days after the deadline. In the sector (NACE 68), the median for financial year 2022 was 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- THINK MORE 100%score 80equity €42,425 (2025) · deed of 05-08-2021
Shares in 1 company, DUX - B.H.K.
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0890112481
Registered office moved from Sint-Truiden to Walshoutem
Transfer of shares from Clabots Patrick to Think More BVBA · New registered office: Stelhainstraat 11, 3401 Walshoutem · Previous registered office: Kortenbosstraat 148, 3800 Sint-Truiden · General meeting of 01-03-2021 · Gazette deed
Incorporation
published on 26-06-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Black en White Landen | €1,000 | -€350 | -2868.4% | - |
| WINSOR Brussels | €891 | -€2,878 | -36768.4% | - |
| TRIPLE 8 Grimbergen | €1,306 | -€1,811 | -1108.6% | - |
| TERAMGA Chastre | €817 | -€551 | -899.3% | - |
| AFBOUW INTERNATIONAAL Hasselt | €1,528 | -€869 | -1314.2% | - |
| LILINVEST Ixelles | €1,436 | €673 | -817.1% | - |
| STONOS INVEST Keerbergen | €2,146 | €1,723 | -7484.2% | - |
These companies have the same main activity as Black en White: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €817 and €2,150, founded between 2003 and 2012.
Official details
Source: KBO- Status
- Active since 15-06-2007Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.163.475.0333401 Landen, since 12-06-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on Black en White
Black en White files the micro format. That format states no turnover. The gross margin fell from €50,270 in 2008 to -€350 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Black en White
- What is the company number of Black en White?
- The company number of Black en White is 0890.112.481. The VAT number is the same number with BE in front: BE 0890.112.481.
- Where is Black en White based?
- The registered office is at Stelhainstraat 11, 3401 Landen.Company details
- What does Black en White do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Black en White?
- Black en White is a private limited company (pre-2019) (BVBA).
- When was Black en White founded?
- Black en White was founded on 15-06-2007.
- Is Black en White still active?
- Yes, Black en White is an active enterprise in the KBO register.
- What is the turnover of Black en White?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Black en White profitable?
- In financial year 2025, Black en White made a loss of €350.
- Where can I find the annual accounts of Black en White?
- Black en White filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Black en White due?
- Black en White must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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