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Blacknum

Active
Public limited companyfounded 20206 yrs activeHeidestraat 55, 3945 Ham, BelgiumKBO/BCE: BE 0749.864.438
Summary

Blacknum has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€108,073) and a net result of €14,932. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▲+1
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.2 against 2.26 in 2024; short-term debt: 30.4% and cash: 0% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-39.2%
Return on assets
5.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1438 sector peers (2025).
NBB · sector comparison
Position among 1438 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
28 d late
2023
31 d late
2022
135 d late
2021
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Blacknum was incorporated on 6 July 2020 as a Public limited company.1 Total assets rose from EUR 166,332 in 2021 to EUR 275,792 in 2025 and headcount from 4.5 to 4.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,932▲ 2.7%
2024 · €14,535
Working capital
€184,101▲ 56.7%
2024 · €117,451
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€211,741-€19,771€29,787▲ 50.7%€27,432▼ 7.9%€23,726▼ 13.5%
Net result-€217,330below the sector's middle half-€8,304within the sector's middle half€9,987within the sector's middle half▲ 20.3%€14,535within the sector's middle half▲ 45.5%€14,932within the sector's middle half▲ 2.7%
Equity-€155,830below the sector's middle half--€147,526below the sector's middle half▲ 5.3%-€137,539below the sector's middle half▲ 6.8%-€123,005below the sector's middle half▲ 10.6%-€108,073below the sector's middle half▲ 12.1%
Total assets€166,332within the sector's middle half-€391,569within the sector's middle half▲ 135%€473,967within the sector's middle half▲ 21.0%€229,350within the sector's middle half▼ 51.6%€275,792below the sector's middle half▲ 20.2%
Debt€322,162-€539,096▲ 67.3%€611,506▲ 13.4%€352,354▼ 42.4%€383,865▲ 8.9%
Working capital-€49,250-€237,617€321,829▲ 35.4%€117,451▼ 63.5%€184,101▲ 56.7%
Solvency-93.7%below the sector's middle half--37.7%below the sector's middle half▲ 56.0pp-29.0%below the sector's middle half▲ 8.7pp-53.6%below the sector's middle half▼ 24.6pp-39.2%below the sector's middle half▲ 14.4pp
Staff (FTE)4.5-3.5within the sector's middle half▼ 22.2%3.7within the sector's middle half▲ 5.7%4.7within the sector's middle half▲ 27.0%4.8within the sector's middle half▲ 2.1%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2021: -€211,741-€211,741Net result 2021: -€217,330-€217,330Operating result 2022: €19,771€19,771Net result 2022: €8,304€8,304Operating result 2023: €29,787€29,787Net result 2023: €9,987€9,987Operating result 2024: €27,432€27,432Net result 2024: €14,535€14,535Operating result 2025: €23,726€23,726Net result 2025: €14,932€14,93220212022202320242025€0€10,000€20,000€30,000Operating result 2023: €29,787€29,800Net result 2023: €9,987€9,990Operating result 2024: €27,432€27,400Net result 2024: €14,535€14,500Operating result 2025: €23,726€23,700Net result 2025: €14,932€14,900202320242025
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275,792
Fixed assets €7,915 ▼ 57.7%
Current assets €267,877 ▲ 27.2%
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,763▼
2024 · €55,921
Cash flow
€32,969▼
2024 · €43,023
Current ratio
3.20▲
2024 · 2.26
Debt to equity
-3.55▼
2024 · -2.86
ROA
5.4%▼
2024 · 6.3%
Interest coverage
4.98▲
2024 · 4.72
Debt ≤ 1 year
€83,776▼
2024 · €93,182
Debt > 1 year
€295,837▲
2024 · €259,136
Income taxes
€435▼
2024 · €1,038
Staff costs
€405,325▲
2024 · €313,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.3% went bankrupt
5.6% stopped otherwise
89% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,178 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€229,350€275,792▲
Fixed assets21/28€18,716€7,915▼
Intangible fixed assets21€1€2,450▲
Tangible fixed assets22/27€18,715€5,465▼
Furniture and vehicles24€18,715€5,465▼
Current assets29/58€210,633€267,877▲
Amounts receivable within one year40/41€198,144€258,953▲
Trade receivables40€198,141€257,556▲
Other amounts receivable41€3€1,397▲
Cash at bank and in hand54/58€5,595€15▼
Deferred charges and accrued income490/1€6,895€8,909▲
Equity and liabilities
Total equity and liabilities10/49€229,350€275,792▲
Equity10/15-€123,005-€108,073▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Profit (loss) carried forward14-€184,505-€169,573▲
Amounts payable17/49€352,354€383,865▲
Amounts payable after more than one year17€259,136€295,837▲
Financial debts170/4€259,136€295,837▲
Amounts payable within one year42/48€93,182€83,776▼
Financial debts43-€22,679
Credit institutions430/8-€22,679
Trade debts44€35,253€14,836▼
Suppliers440/4€35,253€14,836▼
Taxes, remuneration and social security45€57,930€46,262▼
Taxes450/3€12,343€4,101▼
Remuneration and social security454/9€45,587€42,161▼
Accrued charges and deferred income492/3€36€4,252▲
Income statement Code20242025
Remuneration, social security and pensions62€313,771€405,325▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,489€18,037▼
Other operating charges640/8€3,889€2,078▼
Gross operating margin9900€373,581€449,166▲
Operating profit (loss)9901€27,432€23,726▼
Financial income75/76B€0€20▲
Recurring financial income75€0€20▲
Financial charges65/66B€11,860€8,380▼
Recurring financial charges65€11,860€8,380▼
Profit (loss) for the period before taxes9903€15,572€15,366▼
Income taxes67/77€1,038€435▼
Profit (loss) for the period9904€14,535€14,932▲
Profit (loss) for the period to be appropriated9905€14,535€14,932▲
Appropriation of the result
Profit (loss) to be appropriated9906-€184,505-€169,573▲
Profit (loss) brought forward from the previous period14P-€199,039-€184,505▲
Social balance
Average headcount (FTE)90874.74.8▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€296,692€176,531€242,975€313,771€405,325▲ 29.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,915€28,095€28,095€28,489€18,037▼ 36.7%
Other operating charges640/8€3,025€1,261€2,124€3,889€2,078▼ 46.6%
Gross operating margin9900€127,891€225,658€302,981€373,581€449,166▲ 20.2%
Operating profit (loss)9901-€211,741€19,771€29,787€27,432€23,726▼ 13.5%
Financial income75/76B€287--€0€20▲ 199,000%
Recurring financial income75€287--€0€20▲ 199,000%
Financial charges65/66B€5,085€11,019€18,740€11,860€8,380▼ 29.3%
Recurring financial charges65€5,085€11,019€18,740€11,860€8,380▼ 29.3%
Profit (loss) for the period before taxes9903-€216,539€8,752€11,047€15,572€15,366▼ 1.3%
Income taxes67/77€791€448€1,060€1,038€435▼ 58.1%
Profit (loss) for the period9904-€217,330€8,304€9,987€14,535€14,932▲ 2.7%
Profit (loss) for the period to be appropriated9905-€217,330€8,304€9,987€14,535€14,932▲ 2.7%
Line20212022202320242025Change
Assets
Total assets20/58€166,332€391,569€473,967€229,350€275,792▲ 20.2%
Fixed assets21/28€100,561€72,466€44,371€18,716€7,915▼ 57.7%
Intangible fixed assets21€1€1€1€1€2,450▲ 244,907%
Tangible fixed assets22/27€100,560€72,465€44,370€18,715€5,465▼ 70.8%
Furniture and vehicles24€100,560€72,465€44,370€18,715€5,465▼ 70.8%
Current assets29/58€65,771€319,104€429,596€210,633€267,877▲ 27.2%
Amounts receivable within one year40/41€26,384€313,857€391,784€198,144€258,953▲ 30.7%
Trade receivables40€15,637€313,426€391,784€198,141€257,556▲ 30.0%
Other amounts receivable41€10,748€431-€3€1,397▲ 46,770%
Cash at bank and in hand54/58€32,074€499€31,817€5,595€15▼ 99.7%
Deferred charges and accrued income490/1€7,313€4,748€5,994€6,895€8,909▲ 29.2%
Equity and liabilities
Total equity and liabilities10/49€166,332€391,569€473,967€229,350€275,792▲ 20.2%
Equity10/15-€155,830-€147,526-€137,539-€123,005-€108,073▲ 12.1%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500€61,500=
Profit (loss) carried forward14-€217,330-€209,026-€199,039-€184,505-€169,573▲ 8.1%
Amounts payable17/49€322,162€539,096€611,506€352,354€383,865▲ 8.9%
Amounts payable after more than one year17€207,141€456,857€503,686€259,136€295,837▲ 14.2%
Financial debts170/4€207,141€456,857€503,686€259,136€295,837▲ 14.2%
Amounts payable within one year42/48€115,021€81,487€107,767€93,182€83,776▼ 10.1%
Current portion of amounts payable after more than one year42€34,998€38,383----
Financial debts43----€22,679-
Credit institutions430/8----€22,679-
Trade debts44€8,214€5,898€16,163€35,253€14,836▼ 57.9%
Suppliers440/4€8,214€5,898€16,163€35,253€14,836▼ 57.9%
Taxes, remuneration and social security45€70,609€36,605€91,004€57,930€46,262▼ 20.1%
Taxes450/3€1,314€6,055€55,785€12,343€4,101▼ 66.8%
Remuneration and social security454/9€69,295€30,550€35,218€45,587€42,161▼ 7.5%
Other amounts payable47/48€1,200€600€600---
Accrued charges and deferred income492/3-€752€53€36€4,252▲ 11,751%
Line20212022202320242025Change
Profit (loss) for the period9904-€217,330€8,304€9,987€14,535€14,932▲ 2.7%
+ Depreciation and write-downs630€39,915€28,095€28,095€28,489€18,037▼ 36.7%
Operating cash flow (approximation)-€177,415€36,399€38,082€43,023€32,969▼ 23.4%
Investment in fixed assets (approximation)-€0€0-€2,834-€7,236▼ 155%
Change in cash--€31,575€31,319-€26,223-€5,580▲ 78.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2021net €14,932 ▲2.7%
Net result €14,932, the highest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
13-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 135 days late
2022
31-12
Financial Back to profitnet €8,304
Net result €8,304 after one loss-making year.
31-12
Financial Liquidity times 7current ratio 3.92
Current ratio from 0.57 to 3.92; short-term debt falls from €115,021 to €81,487.
22-07
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Ham · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
5,680 m²
Building footprint
1,602 m²
Parcel 71033B0080/00C000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Blacknum
Heidestraat 55, 3945 HamWholesale trade
since 20202.306.417.203
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71033B0080/00C000 Flanders 5,680 m² 1 · 1,602 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group Normec Belgium 18 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Normec Belgium 80%
  2. BAKKTZ 100%
  3. Blacknum

Highest known parent: Normec Belgium. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 1,552 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0749864438
Also 9925:BE0749864438
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.