BLACKH
The computed 12-month bankruptcy probability of BLACKH is 0.2% (very low). The 2025 annual accounts show equity of €37k and a net result of €-3k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 297 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €37k |
| Net result | €-3k |
| Better than sector | 25% |
| Active | 14 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.0% | 42.2% | |
| Net result | €-3k | €57k | |
| Equity | €37k | €207k | |
| Gross operating margin | €14k | €83k | |
| Total assets | €218k | €690k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €12k |
| Net profit | €-3k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €186 |
| Dividends | - |
| Total assets | €218k |
| Equity | €37k |
| Debt | €181k |
| of which ≤ 1y | €181k |
| of which > 1y | - |
| Working capital | €-108k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.40 |
| Quick ratio | 0.40 |
| Working capital ratio | -49.8% |
| Solvency | 17.0% |
| Debt / equity | 4.87 |
| Long-term debt ratio | - |
| Interest coverage | 1.88 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.3% |
| ROE | -7.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €218k |
| Fixed assets | 21/28 | €146k |
| Tangible fixed assets | 22/27 | €46k |
| Financial fixed assets | 28 | €100k |
| Current assets | 29/58 | €72k |
| Amounts receivable within one year | 40/41 | €70k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €218k |
| Equity | 10/15 | €37k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €31k |
| Amounts payable | 17/49 | €181k |
| Amounts payable within one year | 42/48 | €181k |
| Trade debts payable within one year | 44 | €331 |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €333 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €186 |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 16-07-2012 |
| Status | Active |
| Postal code | 7866 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55002C0234/00K000 | Wallonia | 1,370 m² | 1 · 100 m² | 12.1 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-02-2024 1 director appointed, 1 resigning
- Hugues HÉRION, Bestuurder
- Hugues HÉRION, Zaakvoerder
Technical details
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{
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"name": "Hugues H\u00C9RION",
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},
"reason": "de_plein_droit_dissolution",
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"evidence_quote": "L\u2019assembl\u00E9e prend acte de la d\u00E9mission du g\u00E9rant Monsieur Hugues H\u00C9RION et lui accorde la d\u00E9charge pour l\u2019exercice de son mandat.",
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"evidence_quote": "L\u2019assembl\u00E9e le d\u00E9signe aussit\u00F4t en qualit\u00E9 d\u2019administrateur non statutaire pour une dur\u00E9e ind\u00E9termin\u00E9e.",
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"evidence_quote": "L\u2019adresse du si\u00E8ge n\u2019\u00E9tant plus statutaire, l\u2019assembl\u00E9e confirme l\u2019adresse actuelle, \u00E0 7860 Lessines (Bois-de-Lessines), Rue de la Loge 35.",
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}
],
"notary": {
"name": "Alain HENRY",
"firm_city": null,
"firm_name": "Actalex Notaires associ\u00E9s - geassocieerde notarissen",
"office_city": "Estaimpuis",
"is_associated": true
},
"act_meta": {
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"pub_date": "2024-02-06",
"filing_date": "2024-02-02",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
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"date": "2023-12-21",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-21",
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},
{
"body": "algemene_vergadering",
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},
{
"body": "algemene_vergadering",
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{
"body": "algemene_vergadering",
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},
{
"body": "algemene_vergadering",
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},
{
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0847.443.171",
"name_full": "BLACKH",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte",
"procuration",
"statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BLACKH |