BLANCKE
ActiveSummary
The computed 12-month bankruptcy probability of BLANCKE is 1.8% (moderate). The 2025 annual accounts show negative equity (-€318,483) and a net result of €11,247. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 8% of 3,811 sector peers (NACE 70, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
Turnover
€909,997=
2024 · €910,334
EBIT margin
1.7%▲ 3.9pp
2024 · -2.1%
Net result
€11,247
2024 · -€26,326
Working capital
-€60,599▲ 62.0%
2024 · -€159,510
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €15,872 after a loss of €19,495 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.9m
2025
Operating result€0.02m
2025
Net result€0.01m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5.7m
2025
Equity-€0.3m
2025
Debt€6.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.06m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.7%
2025
Return on assets (ROA)0.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-5.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.80
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)8.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.004m-€0.006m€1.4m▲ 24,195%€1.2m▼ 11.8%€1.1m▼ 10.0%€0.9m▼ 16.5%€0.9m=
Operating result€0.01m--€0.06m€0.05m€0.05m▼ 10.3%-€0.2m-€0.1m▲ 53.5%-€0.02m▲ 81.3%€0.02m
Net result€0.01m--€0.08m€0.04mwithin the sector's middle half€0.03mwithin the sector's middle half▼ 8.5%-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 52.1%-€0.03mbelow the sector's middle half▲ 76.7%€0.01mwithin the sector's middle half
EBIT margin288.6%-929.8%3.4%▼ 926.4pp-18.5%▼ 21.9pp-9.5%▲ 8.9pp-2.1%▲ 7.4pp1.7%▲ 3.9pp
Equity-€0.2m--€0.02m▲ 90.4%€0.01mbelow the sector's middle half€0.05mbelow the sector's middle half▲ 268%-€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 59.3%-€0.3mbelow the sector's middle half▼ 8.7%-€0.3mbelow the sector's middle half▲ 3.4%
Total assets€0.2m-€1.6m▲ 865%€1.4mwithin the sector's middle half▼ 12.8%€1.4mwithin the sector's middle half▼ 3.3%€1.3mwithin the sector's middle half▼ 5.9%€4.0mwithin the sector's middle half▲ 208%€5.8mwithin the sector's middle half▲ 44.4%€5.7mwithin the sector's middle half▼ 1.9%
Debt€0.4m-€1.7m▲ 300%€1.4m▼ 14.8%€1.3m▼ 5.7%€1.5m▲ 11.5%€4.3m▲ 189%€6.1m▲ 41.9%€6.0m▼ 1.9%
Working capital€0.2m-€0.4m▲ 172%€0.3mwithin the sector's middle half▼ 36.3%€0.1mwithin the sector's middle half▼ 58.6%-€0.6mbelow the sector's middle half€2.6mabove the sector's middle half-€0.2mbelow the sector's middle half-€0.06mwithin the sector's middle half▲ 62.0%
Solvency-144.9%--1.4%▲ 143.4pp0.9%below the sector's middle half▲ 2.3pp3.3%below the sector's middle half▲ 2.4pp-14.6%below the sector's middle half▼ 17.8pp-7.5%below the sector's middle half▲ 7.0pp-5.7%below the sector's middle half▲ 1.9pp-5.6%below the sector's middle half▲ 0.1pp
Current ratio13.46-1.87▼ 11.591.66within the sector's middle half▼ 0.211.23within the sector's middle half▼ 0.430.30below the sector's middle half▼ 0.927.43above the sector's middle half▲ 7.120.58within the sector's middle half▼ 6.850.80within the sector's middle half▲ 0.22
Return on assets (ROA)5.6%--4.6%▼ 10.3pp2.5%within the sector's middle half▲ 7.2pp2.4%within the sector's middle half▼ 0.1pp-18.1%below the sector's middle half▼ 20.4pp-2.8%below the sector's middle half▲ 15.2pp-0.5%below the sector's middle half▲ 2.4pp0.2%within the sector's middle half▲ 0.7pp
Staff (FTE)0.8-3.6▲ 350%4.7within the sector's middle half▲ 30.6%7.9within the sector's middle half▲ 68.1%8within the sector's middle half▲ 1.3%6.4within the sector's middle half▼ 20.0%8.5within the sector's middle half▲ 32.8%8.8within the sector's middle half▲ 3.5%
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.7m
Fixed assets
€5.5m ▼ 2.3%
Current assets
€236,351 ▲ 8.7%
Equity and liabilities
Equity-€318,483
Debt€6.0m
Equity is negative: debt (€6.0m) exceeds the balance-sheet total (€5.7m).
Key figures and ratios
EBITDA
€115,700▲
2024 · €81,962
Cash flow
€111,075▲
2024 · €75,131
Interest coverage
47.02▲
2024 · 16.60
Debt ≤ 1 year
€296,950▼
2024 · €376,902
Debt > 1 year
€5.7m▼
2024 · €5.8m
Income taxes
€1,269▲
2024 · €1,031
Staff costs
€680,032▲
2024 · €579,259
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €1.6m | €1.4m | €1.3m | €1.1m | €1.1m | ▲ 2.8% |
| Turnover70 | €0.004m | - | €0.006m | €1.4m | €1.2m | €1.1m | €0.9m | €0.9m | = |
| Other operating income74 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 12.1% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.003m | €0.01m | ▲ 290% |
| Operating charges60/66A | - | - | - | €1.6m | €1.6m | €1.4m | €1.1m | €1.1m | ▼ 0.4% |
| Services and other goods61 | - | - | - | €1.0m | €1.0m | €0.9m | €0.4m | €0.3m | ▼ 26.5% |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.02m | €0.03m | €0.04m | €0.05m | €0.06m | €0.1m | €0.1m | ▼ 1.6% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.003m | €0.005m | €0.004m | €0.003m | ▼ 25.0% |
| Non-recurring operating charges66A | - | - | - | €21 | €0 | - | €0.01m | €0.02m | ▲ 49.3% |
| Operating profit (loss)9901 | €0.01m | -€0.06m | €0.05m | €0.05m | -€0.2m | -€0.1m | -€0.02m | €0.02m | - |
| Financial income75/76B | - | - | - | - | - | €122 | €11 | €0 | ▼ 99.9% |
| Recurring financial income75 | €19 | - | - | - | - | €122 | €11 | €0 | ▼ 99.9% |
| Other financial income752/9 | - | - | - | - | - | €122 | €11 | €0 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.008m | €0.006m | €0.003m | ▼ 42.3% |
| Recurring financial charges65 | €0.001m | €0.01m | €0.02m | €0.01m | €0.01m | €0.008m | €0.006m | €0.003m | ▼ 42.3% |
| Debt charges650 | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.007m | €0.005m | €0.002m | ▼ 50.2% |
| Other financial charges652/9 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €0.01m | -€0.08m | €0.04m | €0.03m | -€0.2m | -€0.1m | -€0.03m | €0.01m | - |
| Income taxes67/77 | €101 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 23.2% |
| Taxes670/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 23.2% |
| Profit (loss) for the period9904 | €0.01m | -€0.08m | €0.04m | €0.03m | -€0.2m | -€0.1m | -€0.03m | €0.01m | - |
| Profit (loss) for the period to be appropriated9905 | €0.01m | -€0.08m | €0.04m | €0.03m | -€0.2m | -€0.1m | -€0.03m | €0.01m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €1.6m | €1.4m | €1.4m | €1.3m | €4.0m | €5.8m | €5.7m | ▼ 1.9% |
| Fixed assets21/28 | - | €0.7m | €0.7m | €0.8m | €1.1m | €1.1m | €5.6m | €5.5m | ▼ 2.3% |
| Intangible fixed assets21 | - | - | - | - | - | €0.2m | €0.2m | €0.1m | ▼ 25.0% |
| Tangible fixed assets22/27 | - | €0.08m | €0.1m | €0.1m | €0.4m | €0.2m | €0.2m | €0.1m | ▼ 43.6% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.003m | €0.007m | €0.005m | €0.004m | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 43.9% |
| Assets under construction and advance payments27 | - | - | - | - | €0.2m | €0 | - | - | - |
| Financial fixed assets28 | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €5.2m | €5.2m | = |
| Affiliated companies280/1 | - | - | - | €0.6m | €0.6m | €0.6m | €5.2m | €5.2m | = |
| Participating interests280 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Amounts receivable281 | - | - | - | - | - | - | €4.6m | €4.6m | = |
| Current assets29/58 | €0.2m | €0.9m | €0.7m | €0.6m | €0.2m | €3.0m | €0.2m | €0.2m | ▲ 8.7% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €2.6m | €0 | - | - |
| Other amounts receivable291 | - | - | - | - | - | €2.6m | €0 | - | - |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.2m | €0.8m | €0.4m | €0.6m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Trade receivables40 | - | - | - | €0.5m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.01m | €0.002m | €0 | €30 | - |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.3m | €0.04m | €0 | €0.06m | €0.02m | €0.06m | ▲ 231% |
| Deferred charges and accrued income490/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.01m | €0.009m | ▼ 7.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €1.6m | €1.4m | €1.4m | €1.3m | €4.0m | €5.8m | €5.7m | ▼ 1.9% |
| Equity10/15 | -€0.2m | -€0.02m | €0.01m | €0.05m | -€0.2m | -€0.3m | -€0.3m | -€0.3m | ▲ 3.4% |
| Contributions10/11 | €0.06m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Capital10 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Issued capital100 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.3m | -€0.4m | -€0.4m | -€0.3m | -€0.6m | -€0.7m | -€0.7m | -€0.7m | ▲ 1.6% |
| Amounts payable17/49 | €0.4m | €1.7m | €1.4m | €1.3m | €1.5m | €4.3m | €6.1m | €6.0m | ▼ 1.9% |
| Amounts payable after more than one year17 | €0.4m | €1.2m | €1.0m | €0.8m | €0.7m | €3.9m | €5.8m | €5.7m | ▼ 0.7% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.2m | €0.04m | €0 | ▼ 100% |
| Credit institutions173 | - | - | - | €0.5m | €0.4m | €0.2m | €0.04m | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €0.3m | €0.3m | €3.7m | €5.7m | €5.7m | = |
| Amounts payable within one year42/48 | €0.01m | €0.5m | €0.4m | €0.5m | €0.8m | €0.4m | €0.4m | €0.3m | ▼ 21.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.04m | ▼ 75.0% |
| Financial debts43 | - | - | - | - | €0.02m | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €0.02m | €0 | - | - | - |
| Trade debts44 | €0.01m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.07m | €0.03m | ▼ 63.5% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.07m | €0.03m | ▼ 63.5% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.09m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 0.1% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.05m | €0.03m | €0.04m | ▲ 20.7% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.07m | €0.08m | €0.1m | €0.1m | ▼ 6.0% |
| Other amounts payable47/48 | - | - | - | - | €0.3m | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €51 | €68 | €68 | €0.003m | ▲ 3,673% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | -€0.08m | €0.04m | €0.03m | -€0.2m | -€0.1m | -€0.03m | €0.01m | - |
| + Depreciation and write-downs630 | - | €0.02m | €0.03m | €0.04m | €0.05m | €0.06m | €0.1m | €0.1m | ▼ 1.6% |
| Operating cash flow (approximation) | €0.01m | -€0.05m | €0.07m | €0.07m | -€0.2m | -€0.05m | €0.08m | €0.1m | ▲ 47.8% |
| Investment in fixed assets (approximation) | - | - | -€0.05m | -€0.07m | -€0.3m | -€0.06m | -€4.6m | €0.03m | - |
| Change in cash | - | €0.09m | €0.2m | -€0.2m | -€0.04m | €0.06m | -€0.04m | €0.04m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 13-07-2026 | 2026-00302291 |
| 31-12-2024 | full format | 04-07-2025 | 2025-00246222 |
| 31-12-2023 | full format | 24-07-2024 | 2024-00291917 |
| 31-12-2022 | full format | 30-06-2023 | 2023-00211763 |
| 31-12-2021 | full format | 11-07-2022 | 2022-20177354 |
| 31-12-2020 | full format | 09-07-2021 | 2021-34800457 |
| 31-12-2019 | full format | 13-07-2020 | 2020-30900317 |
| 31-12-2018 | full format | 19-07-2019 | 2019-35500147 |
| 31-12-2017 | full format | 06-07-2018 | 2018-30200491 |
| 31-12-2016 | full format | 20-06-2017 | 2017-19700498 |
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Subsidies and aid
Flemish government
2023 · 1 entry · €648 awarded · €648 paidSchemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.