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BLACKTREE

Bankruptcy
Private limited company (pre-2019)founded 2018Rue de la Liberté 30, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 0698.707.727
Summary

The KBO register records for BLACKTREE the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €17,375 and a net result of €4,813.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
26 d late
2019
108 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

BLACKTREE was incorporated on 21 June 2018.1 Revenue grew from EUR 28,393 in 2019 to EUR 56,664 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€56,664▲ 100%
2020 · €28,321
EBIT margin
10.2%▼ 12.5pp
2020 · 22.7%
Net result
€4,813▼ 22.4%
2020 · €6,198
Working capital
€17,375▲ 38.3%
2020 · €12,562
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Turnover€28,393-€28,321▼ 0.3%€56,664▲ 100%
Operating result€4,064-€6,428▲ 58.2%€5,805▼ 9.7%
Net result€4,042-€6,198▲ 53.3%€4,813▼ 22.4%
EBIT margin14.3%-22.7%▲ 8.4pp10.2%▼ 12.5pp
Equity€6,364-€12,562▲ 97.4%€17,375▲ 38.3%
Total assets€9,472-€14,562▲ 53.7%€18,166▲ 24.7%
Debt€3,108-€2,000▼ 35.7%€791▼ 60.5%
Working capital€6,364-€12,562▲ 97.4%€17,375▲ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2019: €4,064€4,064Net result 2019: €4,042€4,042Operating result 2020: €6,428€6,428Net result 2020: €6,198€6,198Operating result 2021: €5,805€5,805Net result 2021: €4,813€4,813201920202021€0€2,000€4,000€6,000Operating result 2019: €4,064€4,060Net result 2019: €4,042€4,040Operating result 2020: €6,428€6,430Net result 2020: €6,198€6,200Operating result 2021: €5,805€5,800Net result 2021: €4,813€4,810201920202021
The operating result falls in 2021; 2021 is 10% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €18,166
Equity €17,375 ▲ 38.3%
Debt €791 ▼ 60.5%
Debt's share of the balance-sheet total falls from 13.7% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
22.97▲
2020 · 7.28
Debt to equity
0.05
ROE
27.7%▼
2020 · 49.3%
ROA
26.5%▼
2020 · 42.6%
Debt ≤ 1 year
€791▼
2020 · €2,000
Income taxes
€791
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 29 lines
Balance sheet Code20202021
Assets
Total assets20/58€14,562€18,166▲
Current assets29/58€14,562€18,166▲
Amounts receivable within one year40/41€14,562€18,160▲
Trade receivables40-€4,877
Other amounts receivable41-€13,283
Cash at bank and in hand54/58€0€6▲
Equity and liabilities
Total equity and liabilities10/49€14,562€18,166▲
Equity10/15€12,562€17,375▲
Contributions10/11€2,000€2,000=
Reserves13€528€528=
Non-distributable reserves130/1-€528
Reserves not available under the articles1311-€528
Profit (loss) carried forward14€10,034€14,847▲
Amounts payable17/49€2,000€791▼
Amounts payable within one year42/48€2,000€791▼
Taxes, remuneration and social security45-€791
Taxes450/3-€791
Income statement Code20202021
Turnover70€28,321€56,664▲
Goods, raw materials, services and sundry goods60/61-€51,290
Gross operating margin9900€6,428€5,805▼
Operating profit (loss)9901€6,428€5,805▼
Financial charges65/66B-€201
Recurring financial charges65€230€201▼
Profit (loss) for the period before taxes9903€6,198€5,604▼
Income taxes67/77-€791
Profit (loss) for the period9904€6,198€4,813▼
Profit (loss) for the period to be appropriated9905€6,198€4,813▼
Appropriation of the result
Profit (loss) to be appropriated9906-€14,847
Profit (loss) brought forward from the previous period14P-€10,034

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Turnover70€28,393€28,321€56,664▲ 100%
Goods, raw materials, services and sundry goods60/61--€51,290-
Gross operating margin9900€4,064€6,428€5,805▼ 9.7%
Operating profit (loss)9901€4,064€6,428€5,805▼ 9.7%
Financial charges65/66B--€201-
Recurring financial charges65€22€230€201▼ 12.5%
Profit (loss) for the period before taxes9903€4,042€6,198€5,604▼ 9.6%
Income taxes67/77--€791-
Profit (loss) for the period9904€4,042€6,198€4,813▼ 22.4%
Profit (loss) for the period to be appropriated9905€4,042€6,198€4,813▼ 22.4%
Line201920202021Change
Assets
Total assets20/58€9,472€14,562€18,166▲ 24.7%
Current assets29/58€9,472€14,562€18,166▲ 24.7%
Amounts receivable within one year40/41€9,470€14,562€18,160▲ 24.7%
Trade receivables40--€4,877-
Other amounts receivable41--€13,283-
Cash at bank and in hand54/58€2€0€6▲ 5,400%
Equity and liabilities
Total equity and liabilities10/49€9,472€14,562€18,166▲ 24.7%
Equity10/15€6,364€12,562€17,375▲ 38.3%
Contributions10/11€2,000€2,000€2,000=
Reserves13€218€528€528=
Non-distributable reserves130/1--€528-
Reserves not available under the articles1311--€528-
Profit (loss) carried forward14€4,145€10,034€14,847▲ 48.0%
Amounts payable17/49€3,108€2,000€791▼ 60.5%
Amounts payable within one year42/48€3,108€2,000€791▼ 60.5%
Taxes, remuneration and social security45--€791-
Taxes450/3--€791-
Line201920202021Change
Profit (loss) for the period9904€4,042€6,198€4,813▼ 22.4%
Operating cash flow (approximation)€4,042€6,198€4,813▼ 22.4%
Change in cash--€2€5▲ 331%

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

2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Liquidity triplescurrent ratio 22.97
Current ratio from 7.28 to 22.97; short-term debt falls from €2,000 to €791.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Highest result since 2019net €6,198 ▲53.3%
Operating result €6,428, net result €6,198, both a record.
31-12
Financial Liquidity doublescurrent ratio 7.28
Current ratio from 3.05 to 7.28; short-term debt falls from €3,108 to €2,000.
16-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Saint-Nicolas · 2 establishment units since 2018
seat establishment All 2 establishment units on the map
Ground area
442 m²
Building footprint
278 m²
Volume, LiDAR
2,969 m³
2 parcels, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
BlackTree
Rue de la Liberté 30, 4420 Saint-NicolasSpecialised construction activities
since 20182.278.893.353
Taverne La Moinerie
Rue des Hospitaliers(FLG) 1, 4400 FlémalleCafés and bars
since 20222.332.372.720
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62036B0160/00K000 Wallonia 245 m² 1 · 207 m² 13.5 m · 4 fl.
62093B0302/00L026 Wallonia 197 m² 1 · 71 m² 9.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,269 companies in sector 43230 we hold annual accounts for 1,239. 846 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43222Installation of electric heating, air conditioning, cooling and ventilation
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
Phone 0499/24.95.15Saint-Nicolas
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

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