BLANCHE
ActiveBLANCHE has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €492k and a net result of €15k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-3
Solvency96▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 4.39 in 2024; short-term debt: 4% and cash: 0.1% of total assets), and 29.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.7%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
on the day
2023
21 d late
2022
29 d late
2021
19 d late
2020
26 d late
2019
59 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 62.1%
2024 · €40k
2018: €-48k
2019: €-34k
2020: €127k
2021: €-9k
2022: €18k
2023: €45k
2024: €40k
2018 → 2025
Working capital
€44k▼ 50.9%
2024 · €90k
2018: €213k
2019: €191k
2020: €298k
2021: €93k
2022: €123k
2023: €53k
2024: €90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€373k-€391k▲ 4.8%€436k▲ 11.6%€477k▲ 9.3%€492k▲ 3.2%
Operating result€-7k-€21k€48k▲ 128%€43k▼ 11.0%€19k▼ 56.8%
Net result€-9k-€18k€45k▲ 155%€40k▼ 11.0%€15k▼ 62.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €696k
Fixed assets
€624k▼ 1.9%
Current assets
€72k▼ 38.3%
Equity and liabilities €696k
Equity
€492k▲ 3.2%
Debt
€204k▼ 26.0%
The debt ratio falls from 36.6% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €78k
Cash flow
€56k▼
2024 · €76k
Solvency
70.7%▲
2024 · 63.4%
Current ratio
2.59▼
2024 · 4.39
Quick ratio
2.59▼
2024 · 4.39
Debt / equity
0.41▼
2024 · 0.58
ROE
3.1%▼
2024 · 8.5%
ROA
2.2%▼
2024 · 5.4%
Interest coverage
15.46▼
2024 · 19.48
Debt
€204k▼
2024 · €275k
Debt ≤ 1 year
€28k▲
2024 · €27k
Debt > 1 year
€176k▼
2024 · €249k
Income taxes
€1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€752k€696k▼
Fixed assets21/28€635k€624k▼
Tangible fixed assets22/27€634k€622k▼
Land and buildings22€634k€599k▼
Furniture and vehicles24-€23k
Financial fixed assets28€1k€1k=
Current assets29/58€117k€72k▼
Amounts receivable after more than one year29€104k€59k▼
Other amounts receivable291€104k€59k▼
Current investments50/53-€9k
Cash at bank and in hand54/58€12k€557▼
Deferred charges and accrued income490/1€733€3k▲
Equity and liabilities
Total equity and liabilities10/49€752k€696k▼
Equity10/15€477k€492k▲
Contributions10/11€19k€19k=
Reserves13€198k€198k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€161k€161k=
Profit (loss) carried forward14€260k€275k▲
Amounts payable17/49€275k€204k▼
Amounts payable after more than one year17€249k€176k▼
Financial debts170/4€155k€130k▼
Other amounts payable178/9€94k€46k▼
Amounts payable within one year42/48€27k€28k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€2k€2k=
Suppliers440/4€2k€2k=
Taxes, remuneration and social security45€273€1k▲
Taxes450/3€273€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€41k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€84k€66k▼
Operating profit (loss)9901€43k€19k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€40k€16k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€40k€15k▼
Profit (loss) for the period to be appropriated9905€40k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€260k€275k▲
Profit (loss) brought forward from the previous period14P€219k€260k▲
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
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Back to profitnet €127k
Net result €127k after 2 loss-making years.
31-12
Financial
Liquidity times 9current ratio 299.09
Current ratio from 34.36 to 299.09; short-term debt falls from €6k to €1k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lontzen · 1 establishment unit since 1985
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.
Rue du Bois 94710 LontzenGround area
4,718 m²
Building footprint
334 m²
Volume, LiDAR
1,549 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRAFFITI
since 19852.025.959.321
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63048F0134/00H002 | Wallonia | 2,949 m² | 1 · 213 m² | 6.4 m · 1 fl. |
| 63048B0006/00H000 | Wallonia | 1,769 m² | 1 · 120 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
IMMO GLOBAL
BE 0447.590.662
Ravels · Eq €492k
Haronique Vastgoed
BE 0880.171.763
Westerlo · Eq €492k
S.A IMMOMUST
BE 0463.566.958
Herve · Eq €491k
BURY MICHEL
BE 0458.926.103
Hannut · Eq €493k
IMMO WEYDVELD
BE 0464.027.115
Wijnegem · Eq €491k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 5,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-1984
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.