BLAF 8000
ActiveBLAF 8000 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100k and a net result of €36k. Equity is growing by ~59.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+5
Solvency47▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.32 in 2023; short-term debt: 22% and cash: 1.2% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
22.1%
Return on assets
8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11613 sector peers (2024).
NBB · sector comparisonPosition among 11613 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
29 d late
2022
on the day
2021
11 d late
2020
18 d late
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€100k▲ 56.3%
2023 · €64k
2018: €-34k
2019: €-9k
2020: €7k
2021: €30k
2022: €46k
2023: €64k
2018 → 2024
Total assets
€455k▲ 13.5%
2023 · €401k
2018: €164k
2019: €157k
2020: €143k
2021: €267k
2022: €442k
2023: €401k
2018 → 2024
Net result
€36k▲ 98.2%
2023 · €18k
2018: €-13k
2019: €24k
2020: €16k
2021: €23k
2022: €16k
2023: €18k
2018 → 2024
Working capital
€-47k▼ 40.2%
2023 · €-34k
2018: €-93k
2019: €-76k
2020: €-64k
2021: €-135k
2022: €-38k
2023: €-34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€30k▲ 338%€46k▲ 55.4%€64k▲ 39.7%€100k▲ 56.3%
Operating result€21k-€32k▲ 51.0%€27k▼ 13.2%€30k▲ 9.0%€63k▲ 110%
Net result€16k-€23k▲ 42.8%€16k▼ 28.2%€18k▲ 11.4%€36k▲ 98.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 110% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €455k
Fixed assets
€402k▲ 4.5%
Current assets
€53k▲ 229%
Equity and liabilities €455k
Equity
€100k▲ 56.3%
Debt
€354k▲ 5.3%
The debt ratio falls from 84.0% to 77.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119k▲
2023 · €72k
Cash flow
€93k▲
2023 · €61k
Solvency
22.1%▲
2023 · 16.0%
Current ratio
0.53▲
2023 · 0.32
Quick ratio
0.53▲
2023 · 0.32
Debt / equity
3.53▼
2023 · 5.24
ROE
36.0%▲
2023 · 28.4%
ROA
8.0%▲
2023 · 4.6%
Interest coverage
11.10▲
2023 · 7.59
Debt
€354k▲
2023 · €336k
Debt ≤ 1 year
€100k▲
2023 · €50k
Debt > 1 year
€254k▼
2023 · €287k
Income taxes
€16k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€401k€455k▲
Fixed assets21/28€384k€402k▲
Tangible fixed assets22/27€384k€401k▲
Land and buildings22€372k€350k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€5k€46k▲
Financial fixed assets28€575€575=
Current assets29/58€16k€53k▲
Amounts receivable within one year40/41€12k€47k▲
Trade receivables40€9k€38k▲
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€401k€455k▲
Equity10/15€64k€100k▲
Contributions10/11€16k€16k=
Reserves13€48k€84k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€45k€81k▲
Amounts payable17/49€336k€354k▲
Amounts payable after more than one year17€287k€254k▼
Financial debts170/4€247k€214k▼
Other amounts payable178/9€40k€40k=
Amounts payable within one year42/48€50k€100k▲
Current portion of amounts payable after more than one year42€30k€32k▲
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€10k€2k▼
Remuneration and social security454/9-€706
Other amounts payable47/48€397€58k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€57k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€77k€124k▲
Operating profit (loss)9901€30k€63k▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€20k€52k▲
Income taxes67/77€2k€16k▲
Profit (loss) for the period9904€18k€36k▲
Profit (loss) for the period to be appropriated9905€18k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€36k▲
Transfer to equity691/2€18k€36k▲
To other reserves6921€18k€36k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €36k ▲98.2%
Operating result €63k, net result €36k, both a record.
31-12
Financial
Equity above €100kEq €100k ▲56.3%
6 profitable years in a row build equity to €100k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Annaplein 88000 BruggeGround area
105 m²
Building footprint
80 m²
Volume, LiDAR
776 m³
Parcel 31005A0547/00S002, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0547/00S002 | Flanders | 105 m² | 1 · 80 m² | 16.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 495 EUR awarded · 495 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 495 EUR | 495 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
LOBEAU ARCHITECT
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2PK Architecten
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ARCHITECTEN VANBECELAERE HAUSPIE
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Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 5,482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2002
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.