Losses
-€1.9m in three years
Every financial year from 2022 to 2024 closed with a loss. 2024 was the heaviest.
BLACKSMITHS
Overview
Lifetime
4 annual accounts with figures on one time axispeak €3.0m (2022)
€1.4m▼ 5.6%
lowest -€1.0m (2024)
-€1.0m▼ €381,388
peak €167,772 (2024)
€167,772▲ €934,110
€226,577▼ 89.3%
peak 2.9 FTE (2022)
1.9 FTE▼ 9.5%
Board4 names since 2020
1 directorDe Cronos Groep NV
Owners
100%De Cronos Groep
Documentsfilings and deeds
26-08-202526 days late
2024abbreviated format
Gross margin from -€305,847 to -€74,797Loss of €1.0mStaff from 2.1 FTE to 1.9 FTE2 directors resigning 21-10Reappointment: KPMG Bedrijfsrevisoren (statutory auditor) 04-10Equity from -€766,338 to €167,772
Key points
from the 2024 annual accounts, the last ones filedStaff
2 employees on 31-12-2024
In 2024, 1 person joined and 2 left.
Payment terms
18 days to suppliers
BLACKSMITHS pays its suppliers 2 days later than in 2023. Customers pay 225 days earlier.
No scoreNet result -58%: absorbed
Recent changes
Merger: absorbed by Meta4ce
Capital decrease of €1,000,000 to €202,462 · Capital from €1,202,462 to €202,462 · Gazette deed
Merger proposal: to be absorbed by Meta4ce
Capital decrease of €1,040,541.36 · Capital increase of €111,600 · Gazette deed
2 directors resigning
Change of role: De Cronos Groep NV, from managing director to sole director · Resignations: Josephus de Wit (managing director) and WOTHAB BV · Permanent representatives: Bart Wouters and Dirk Deroost · General meeting of 16-08-2024 · Gazette deed
Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)
Capital from €62,000 to €2,037,000 · Capital from €2,037,000 to €1,202,462 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by Meta4cemerger by absorption, May 2025
- Activity
- No activity registered in the KBO
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2024
- €1.4m▼ 5.6%
- €1.0m▲ 57.8%
- €167,772
- €394,349▼ 70.7%
- Employeeson 31-12-2024
- 2▼ 33.3%
- Filing
- Filed on 26-08-2025
Insights on BLACKSMITHS
Absorbed by Meta4ce in May 2025. The last annual accounts are for financial year 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
abbreviated format, filed on 26-08-2025, 26 days late€1.4m
▼ 5.6%
-€1.1m
▼ €622,701
-€1.1m
▼ €622,474
-€1.0m
▼ €381,161
42.5%
▲ 99.5 percentage points
1.51
▲ 0.53
Money flows
of every €100 of turnover, €74.36 was lost in 2024Balance sheet
balance sheet total €394,349 on 31-12-2024What the company ownsHow it is paid for
in €m
in €m
Staff
€84,406
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2024, 1 person joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
394,349 | 1.3m | 589,384 | 405,897 | |
21/28 |
51,600 | 177,197 | 324,183 | 2,801 | |
22/27 |
2,000 | 2,521 | 4,005 | 2,801 | |
23 |
2,000 | 2,521 | 4,005 | 2,801 | |
28 |
49,600 | 174,675 | 320,178 | - | |
29/58 |
342,748 | 1.2m | 265,201 | 403,096 | |
40/41 |
330,291 | 1.2m | 256,208 | 389,672 | |
40 |
230,291 | 1.2m | 217,160 | 377,264 | |
41 |
100,000 | - | 39,048 | 12,407 | |
54/58 |
10,628 | 7,218 | 5,434 | 11,550 | |
490/1 |
1,829 | 3,826 | 3,558 | 1,875 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
394,349 | 1.3m | 589,384 | 405,897 | |
10/15 |
167,772 | -766,338 | -106,837 | 111,472 | |
10/11 |
1.2m | 62,000 | 62,000 | 62,000 | |
10 |
1.2m | 62,000 | 62,000 | 62,000 | |
100 |
1.2m | 62,000 | 62,000 | 62,000 | |
13 |
6,200 | 6,200 | 6,200 | 49,200 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | |
133 |
- | - | - | 43,000 | |
14 |
-1.0m | -834,538 | -175,037 | 272 | |
17/49 |
226,577 | 2.1m | 696,220 | 294,425 | |
42/48 |
226,497 | 1.2m | 694,933 | 294,425 | |
44 |
72,381 | 80,781 | 263,079 | 215,763 | |
440/4 |
72,381 | 80,781 | 263,079 | 215,763 | |
45 |
20,662 | 141,471 | 50,906 | 17,479 | |
450/3 |
1,993 | 122,677 | 23,734 | 4,483 | |
454/9 |
18,669 | 18,794 | 27,173 | 12,996 | |
47/48 |
133,454 | 965,114 | 380,948 | 61,183 | |
492/3 |
80 | 923,820 | 1,287 | - | |
| Income statement | |||||
70 |
1.4m | 1.5m | 3.0m | 2.6m | |
9900 |
-74,797 | -305,847 | 26,272 | 222,848 | |
60/61 |
1.5m | 1.8m | 3.0m | 2.4m | |
62 |
160,372 | 161,794 | 211,453 | 168,056 | |
630 |
1,710 | 1,483 | 1,201 | 1,621 | |
640/8 |
2,392 | 1,495 | 1,780 | 1,305 | |
66A |
854,050 | - | - | - | |
9901 |
-1.1m | -470,620 | -188,161 | 51,867 | |
75/76B |
180,000 | 1 | 668 | 365 | |
75 |
180,000 | 1 | 668 | 365 | |
65/66B |
127,197 | 187,703 | 17,344 | 1,223 | |
65 |
57,375 | 42,200 | 17,344 | 1,223 | |
66B |
69,822 | 145,503 | - | - | |
9903 |
-1.0m | -658,322 | -204,837 | 51,009 | |
67/77 |
373 | 1,180 | 13,472 | 1,537 | |
9904 |
-1.0m | -659,502 | -218,309 | 49,472 | |
9905 |
-1.0m | -659,502 | -218,309 | 49,472 | |
| Appropriation of the result | |||||
9906 |
-1.9m | -834,538 | -218,037 | 49,472 | |
14P |
-834,538 | -175,037 | 272 | - | |
791/2 |
834,538 | - | 43,000 | - | |
691/2 |
- | - | - | 49,200 | |
6920 |
- | - | - | 6,200 | |
6921 |
- | - | - | 43,000 | |
| Social balance sheet | |||||
9087 |
1.9 | 2.1 | 2.9 | 2 | |
Hours worked1013 |
3,221 | 3,603 | 5,157 | 3,364 | |
| Document | |||||
The notes to these accounts have 9 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 2024 (PDF), filed on 26-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 26 days after the deadline. Filed on 26 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00444807.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -1.1m | -469,136 | -186,960 | 53,487 | ||
| -1.0m | -658,018 | -217,108 | 51,093 | ||
| 1,191 | -145,503 | 322,583 | 3,162 | ||
| 3,411 | 1,783 | -6,115 | - | ||
| 116,251 | -19,715 | -429,732 | 108,671 | ||
| -78.1% | -31.7% | -6.3% | 2.0% | ||
| 42.5% | -57.0% | -18.1% | 27.5% | ||
| 1.51 | 0.98 | 0.38 | 1.37 | ||
| 1.35 | - | - | 2.64 | ||
| -620.4% | - | - | 44.4% | ||
| -264.0% | -49.0% | -37.0% | 12.2% | ||
| -19.03 | -11.12 | -10.78 | 43.73 | ||
| 60 days | 285 days | 27 days | 53 days | ||
| 18 days | 16 days | 32 days | 33 days |
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 2 | 3 |
| full-time | 1 | 3 | 2 | 3 |
| part-time | 1 | - | - | - |
| in full-time equivalents | 1.8 | 3 | 2 | 3 |
| 1.9 | 2.1 | 2.9 | 2 | |
| On a permanent contract | 2 | 3 | 2 | 3 |
| Joined | 1 | 1 | 0 | 3 |
| Left | 2 | 0 | 1 | 0 |
| Training hours | - | - | 136 | 22 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €1,189 | - | €2,405 | €3,162 |
| Financial fixed assets | €2 | - | €320,178 | - |
| €1,710 | €1,483 | €1,201 | €1,621 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on BLACKSMITHS
The operating result for 2024 is a loss of €1.1m, larger than the loss of €470,620 in 2023. It is the lowest result since 2021.
Debt's share of the balance-sheet total is 57.5%.
Board & ownership
Last board
1 director, 1 in day-to-day management, 1 auditor, no change since 2024Sole director and managing director, permanent representative Dirk Deroost
sole director current term since 01-08-2024
managing director appointed by deed of 17-12-2020
term without a fixed end
also on the board of 443 other companies
listed in the 2024 annual accounts, filed on 26-08-2025
Statutory auditor, permanent representative Gwen Cleirbaut
current term since 05-07-2024
term until 25-06-2027
listed in the 2024 annual accounts, filed on 26-08-2025
- De Cronos Groep NV
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 24 : Vertegenwoordiging van de vennootschap - Bepalingen van toepassing wanneer de vennootschap bestuurd wordt door een raad van…”“24.5. Wanneer de vennootschap zelf een mandaat opneemt van lid van een bestuursorgaan of van dagelijks bestuurder, benoemt zij een…”deed of 17-12-2020
Full text
24.5. Wanneer de vennootschap zelf een mandaat opneemt van lid van een bestuursorgaan of van dagelijks bestuurder, benoemt zij een natuurlijke persoon als vaste vertegenwoordiger die wordt belast met de uitvoering van dat mandaat in naam en voor rekening van de vennootschap. B Artikel 24 : Vertegenwoordiging van de vennootschap Bepalingen van toepassing wanneer de vennootschap wordt bestuurd door één enkele bestuurder 24.1. De vennootschap wordt in en buiten rechte rechtsgeldig verbonden door de enige bestuurder. 24.2. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de dagelijks bestuurder(s) die alleen handelen. 24.3. Bovendien wordt de vennootschap rechtsgeldig verbonden door bijzondere gevolmachtigden binnen de perken van de hun verleende volmacht. 24.4. In alle akten die de vennootschap verbin-den, moet onmiddellijk voor of na de handtekening van de persoon die de vennootschap vertegenwoordigt, worden vermeld in welke hoedanigheid hij optreedt. 24.5. Wanneer de vennootschap zelf een mandaat opneemt van lid van een bestuursorgaan of van dagelijks bestuurder, benoemt zij een natuurlijke persoon als vaste vertegenwoordiger die wordt belast met de uitvoering van dat mandaat in naam en voor rekening van de vennootschap.
Permanent representatives 1
Mandates through the years
4 names, the dashed line is todayDe Cronos Groep NV
Director
Director
KPMG Bedrijfsrevisoren
Statutory auditor
Statutory auditor
Josephus de Wit
Managing director
Managing director
WOTHAN
Director
Director
BoardEarlier
Mandates as a list
- De Cronos Groep NV
- Director, from 03-12-2020 to date
- Managing director, appointed by deed of 17-12-2020, until 21-10-2024
- KPMG Bedrijfsrevisoren
- Statutory auditor, from 03-12-2020 to date
- Josephus de Wit
- Director, from 03-12-2020 to 21-10-2024
- Managing director, appointed by deed of 17-12-2020, until 21-10-2024
- WOTHAN
- Director, appointed by deed of 17-12-2020, until 21-10-2024
Control
Founders
De Cronos Groep, DEROOST Dirk Jules Clement, DE WIT Josephus Louisa Felix
This company
BLACKSMITHS
Equity €167,772
Loss €1.0m in 2024
Capital
- Capital
- €202,462
- Shares
- 6,200 in the deed of 17-12-2020
- Source
- deed of 13-06-2025
Owners through the years
as the annual accounts name themOwners as a list
- De Cronos Groep
Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 17-12-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directorsTerm of at most 6 years1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Artikel 28 : Gewone, bijzondere en buitengewone algemene vergadering De gewone algemene vergadering moet ieder jaar worden bijeengeroepen op…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Voorzitter van de rechtbank, gewone meerderheid”“Gewone meerderheid, alle handelingen nodig of dienstig voor vereffening”“Overeenkomstig artikelen 2:94 tot en met 2:99 van het Wetboek van vennootschappen en verenigingen”
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 17-12-2020 ↗
- De Cronos Groep (BE 0467.132.994) founder
- DEROOST Dirk Jules Clement founder
- DE WIT Josephus Louisa Felix founder
Capital over time
- 13-06-2025 Capital reduction of €1,000,000 · to €202,462 · “evenredige vermindering fractiewaarde bestaande aandelen”
- 04-10-2024 Capital increase of €1,975,000 · to €2,037,000 · no new shares · in cash
- 04-10-2024 Capital reduction of €834,538 · to €1,202,462
- 17-12-2020 Incorporation · €62,000 · 6,200 shares
Network & group
Holdings
own 2024 accountsThis companyBLACKSMITHS1 holding, 1 country
2024 accounts
Belgium 1 Equity Result
- BE Meta4ce80% €464,646 result €22,791
Source: list of holdings in its own 2024 accounts. Every holding stands with its own latest accounts.
Earlier ties
| Arega Pharma via WOTHAN, at BLACKSMITHS until 2024 · Director · deed of 12-08-2026 founded in 2019 |
53 FTE (2025) |
Holdings and subsidiaries
Holdings 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Board mandates elsewhere
3 board mandatesAcquisitions and mergers
1 transactionTaken over by:Meta4ce
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ANSUZ
via Wouters Bart (permanent representative of BLACKSMITHS) · Manager · deed of 07-02-2019
No longer active
→
Timeline
Timeline
13 events since 2020Board
Capital
Filings
Financial
Address
2020202220242026
2025
Annual accounts 2024 filed PDFabbreviated format · 26 days late
Merger: absorbed by Meta4ceCapital decrease of €1,000,000 to €202,462 · Capital from €1,202,462 to €202,4622 points ▸
- Capital decrease, €1,000,000
- Capital increase, €49,600
- The deed holds 7 more points.
Merger proposal: to be absorbed by Meta4ceCapital decrease of €1,040,541.36 · Capital increase of €111,6004 points ▸
- Amendment of the articles, article 5
- General meeting, 09-05-2025
- Capital decrease, €1,040,541.36
- Capital increase, €111,600
- The deed holds 10 more points.
2024
Weakest financial year net -€1.0m The net result drops to -€1.0m, the lowest from 2021 to 2024.
Equity above €150,000 equity €167,772 Equity rises from -€766,338 to €167,772.
2 directors resigningChange of role: De Cronos Groep NV, from managing director to sole director · Resignations: Josephus de Wit (managing director) and WOTHAB BV · Permanent representatives: Bart Wouters and Dirk Deroost · General meeting of 16-08-20249 points ▸
- General meeting, 16-08-2024
- Director resignation, Josephus de Wit
- Director resignation, WOTHAB BV
- Permanent representative, Bart Wouters
- Director appointment, De Cronos Groep NV (sole director)
- Permanent representative, Dirk Deroost
- Board meeting, 16-08-2024
- Director resignation, Josephus de Wit (managing director)
- Director resignation, De Cronos Groep NV (managing director)
- The deed holds 2 more points.
Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)Capital from €62,000 to €2,037,000 · Capital from €2,037,000 to €1,202,4623 points ▸
- Capital increase, €1,975,000
- Capital decrease, €834,538
- Auditor reappointment, KPMG Bedrijfsrevisoren (statutory auditor)
- The deed holds 1 more point.
Annual accounts 2023 filed PDFabbreviated format · 21 days late
2023
Permanent representatives: TimVermeiren and GwenCleirbautBoard meeting of 23-10-20233 points ▸
- Board meeting, 23-10-2023
- Permanent representative, TimVermeiren (vastevertegenwoordigervandecommissaris)
- Permanent representative, GwenCleirbaut (vastevertegenwoordigervandecommissaris)
Annual accounts 2022 filed PDFabbreviated format · 29 days late
2022
Annual accounts 2021 filed PDFabbreviated format · 26 days late
Registered office moved from Heverlee to KontichNew registered office: Veldkant 31 te 2550 Kontich · Previous registered office: Gaston Geenslaan 11, 3001 Heverlee, België · Permanent representative: Dirk Deroost · Board meeting of 22-02-20223 points ▸
- Board meeting, 22-02-2022
- Registered-office move, Veldkant 31 te 2550 Kontich
- Permanent representative, Dirk Deroost
2020
IncorporationFounding capital of €62,000, 6,200 shares · Founders: De Cronos Groep (oprichter inschrijver), DEROOST Dirk Jules Clement (oprichter inschrijver) and DE WIT Josephus Louisa Felix (oprichter inschrijver) · Appointments: De Cronos Groep (managing director), DE WIT Josephus Louisa Felix (managing director), WOTHAB and KPMG Bedrijfsrevisoren (statutory auditor)13 points ▸
- Founder, De Cronos Groep (oprichter inschrijver)
- Founder, DEROOST Dirk Jules Clement (oprichter inschrijver)
- Founder, DE WIT Josephus Louisa Felix (oprichter inschrijver)
- Founding capital, €62,000, 6,200 shares
- Capital, €62,000, 6,200 shares
- Director appointment, De Cronos Groep
- Permanent representative, DEROOST Dirk Jules Clement, mentioned twice in the deed
- Director appointment, DE WIT Josephus Louisa Felix
- Director appointment, WOTHAB
- Permanent representative, WOUTERS Bart Emmanuel Ferdinand
- Director appointment, De Cronos Groep (managing director)
- Director appointment, DE WIT Josephus Louisa Felix (managing director)
- Auditor appointment, KPMG Bedrijfsrevisoren (statutory auditor)
- The deed holds 4 more points.
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
On 17 December 2020 the Belgian Official Gazette published the deed of incorporation of BLACKSMITHS.1 In 2022 the registered office moved to Kontich.2 A capital increase in 2024 brought the capital to €2.0m.3 De Cronos Groep NV has served as sole director since 2024.4 In 2025 the company was absorbed by merger into Meta4ce.5
Company details
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- 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”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Artikel 28 : Gewone, bijzondere en buitengewone algemene vergadering De gewone algemene vergadering moet ieder jaar worden bijeengeroepen op…”
Articles of association, deed of 17-12-2020 (in Dutch)
Inactive
Absorbed by Meta4ce in May 2025
BLACKSMITHS is no longer in the KBO register. Meta4ce took it over in a merger by absorption, published in the Belgian Official Gazette on 13 June 2025.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 13 June 2025 · deed
- Absorbed by
- Meta4ce · 0783.296.477
- Last annual accounts
- financial year to 31 December 2024
- Last registered office
- Veldkant 31, 2550 Kontichas published on 13 June 2025
- Legal form
- Public limited company
- First annual accounts
- financial year 2021