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BLANCKE PRODUCTION

Active
Waregemseweg (W.) 28 ·9790 Wortegem-Petegem, Belgium
KBO/BCE: BE 0450.375.849
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Age33 yrs
Board6

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BLANCKE PRODUCTION is 0.6% (low). The 2024 annual accounts show negative equity (€-29k) and a net result of €93k. Equity is growing by ~36% per year across the filed fiscal years. Its solvency ranks better than 10% of 121 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record Lower-risk legal form

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 121 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 24-06-2025 37 d early 2025-00189448
31-12-2023 31-07-2024 10-06-2024 51 d early 2024-00127866
31-12-2022 31-07-2023 30-06-2023 31 d early 2023-00212014
31-12-2021 31-07-2022 11-07-2022 20 d early 2022-20178115
31-12-2020 31-07-2021 09-07-2021 22 d early 2021-34900171
31-12-2019 31-07-2020 13-07-2020 18 d early 2020-30900350
31-12-2018 31-07-2019 19-07-2019 12 d early 2019-35500425
31-12-2017 31-07-2018 06-07-2018 25 d early 2018-30200496
31-12-2016 31-07-2017 20-06-2017 41 d early 2017-19700500
31-12-2015 31-07-2016 01-07-2016 30 d early 2016-27300228

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1993, 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€542k-8.3%
EBIT margin26.9%-2.9pp
Net result€93k-11.2%
Working capital€-137k+58.6%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-06-2025 with the NBB · fiscal year 2024 · volledig
€-1.00M€-500k€0€500kOperating result 2020: €518k€518kNet result 2020: €-657k€-657kRevenue 2021: €466k€466kOperating result 2021: €105k€105kNet result 2021: €20k€20kRevenue 2022: €504k€504kOperating result 2022: €156k€156kNet result 2022: €81k€81kRevenue 2023: €591k€591kOperating result 2023: €176k€176kNet result 2023: €104k€104kRevenue 2024: €542k€542kOperating result 2024: €146k€146kNet result 2024: €93k€93k20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~36%/year over 7 fiscal years, indicative, assuming unchanged policy.
€-1.00M€-500k€0€500k2025: €41k (€-263 - €82k)2026: €122k (€56k - €189k)2027: €204k (€113k - €295k)2018: €-143k2019: €-739k2020: €-327k2021: €-308k2022: €-226k2023: €-122k2024: €-29k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -0.9% 28.8%
better than 10% of 121 sector peers
Net result €93k €25k
better than 63% of 120 sector peers
Equity €-29k €397k
better than 8% of 121 sector peers
Total assets €3.29M €1.59M
better than 65% of 121 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P10
2020: P6 · n=742021: P5 · n=752022: P14 · n=1062023: P11 · n=1072024: P10 · n=1212020 2024
Stable position over 2020-2024 · n=74-121
Net result P63
2020: P85 · n=742021: P40 · n=752022: P66 · n=1062023: P60 · n=1072024: P63 · n=1202020 2024
Weakening position over 2020-2024 · n=74-120
Equity P8
2020: P5 · n=742021: P5 · n=752022: P8 · n=1062023: P5 · n=1072024: P8 · n=1212020 2024
Stable position over 2020-2024 · n=74-121
Total assets P65
2020: P55 · n=742021: P55 · n=752022: P65 · n=1062023: P64 · n=1072024: P65 · n=1212020 2024
Stable position over 2020-2024 · n=74-121
Describes the position versus peers, not a forecast.
Revenue
€542k
-8.3% 18-24
EBITDA
€400k
-7.0% 18-24
Net profit
€93k
-11.2% 18-24
Cash flow
€347k
-3.3% 18-24
Total assets
€3.29M
-5.4% 18-24
Equity
€-29k
+76.1% 18-24
Working capital
€-137k
+58.6% 18-24
Employees (FTE)
9
-41.8% 18-24
Staff costs
€0
- 18-24
Income taxes
€296
-31.3% 18-24
Debt
€3.32M
-7.8% 18-24
Debt ≤ 1y
€251k
-33.9% 18-24
Debt > 1y
€3.05M
-4.6% 18-24
Current ratio
0.45
+251.5% 18-24
Quick ratio
0.45
+251.5% 18-24
Solvency
-0.9%
+74.8% 18-24
Debt / equity
-114.17
-286.1% 18-24
ROE
-318.9%
-272.1% 18-24
ROA
2.8%
-6.1% 18-24
Net margin
17.1%
-3.2% 18-24
EBITDA margin
73.8%
+1.3% 18-24
Interest coverage
7.68
+27.2% 18-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue€542k
EBITDA€400k
Net profit€93k
Cash flow€347k
Staff costs-
Income taxes-
Dividends-
Total assets€3.29M
Equity€-29k
Debt€3.32M
of which ≤ 1y€251k
of which > 1y€3.05M
Working capital€-137k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.45
Quick ratio0.45
Working capital ratio-4.2%
Solvency-0.9%
Debt / equity-114.17
Long-term debt ratio-104.92
Interest coverage7.68
Gross margin-
Net margin17.1%
ROA2.8%
ROE-318.9%
EBITDA margin73.8%
Days sales outstanding54d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€3.29M
Fixed assets 21/28€3.18M
Tangible fixed assets 22/27€3.17M
Financial fixed assets 28€3k
Current assets 29/58€114k
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€80k
Cash & bank 54/58€34k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.29M
Equity 10/15€-29k
Contributions / capital 10/11€93k
Reserves 13€237k
Accumulated profits (losses) 14€-359k
Amounts payable 17/49€3.32M
Amounts payable after one year 17€3.05M
Amounts payable within one year 42/48€251k
Trade debts payable within one year 44€17k
Income statement
Turnover 70€542k
Operating result 9901€146k
Financial charges 65€53k
Result before taxes 9903€93k
Net result for the period 9904€93k
Result to be appropriated 9905€93k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
16 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

6 directors
Current directors & mandates
  • BV INGELBEENLegal entity
    Director
    State Gazette act 25099920 (05-08-2025)
    Current
    14-06-2025 → present
  • Deroose Projects NVLegal entity
    Director· perm. rep.: Deroose Dirk
    State Gazette act 22149814 (19-12-2022)
    Current
    19-12-2022 → present
  • Koutermolen NVLegal entity
    Director· perm. rep.: Naessens Willy
    State Gazette act 22149814 (19-12-2022)
    Current
    19-12-2022 → present
    2 events
    • 14-06-2025 Resigned· Director
    • 19-12-2022 Appointed· Director
  • Naessens Sem
    Director
    State Gazette act 22149814 (19-12-2022)
    Current
    19-12-2022 → present
  • Naessens Veerle
    Director
    State Gazette act 22149814 (19-12-2022)
    Current
    19-12-2022 → present
  • Van Hautegem Filip
    Director
    State Gazette act 22149814 (19-12-2022)
    Current
    19-12-2022 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Vervaardiging van producten van vlees of van vlees van gevogelte(10130)
Legal form Public limited company(014)
Incorporation16-06-1993
StatusActive
Postal code9790

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Waregemseweg (W.) 289790 Wortegem-Petegem

Establishment units

1 location
BLANCKE PRODUCTION
G. Demeurslaan 106, 1654 BeerselHoldings
since 19932.062.838.523
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.4 ha
Buildings2
Building footprint7,653 m²
Volume (LiDAR)46,488 m³
Tallest building10.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23035A0099/00N000 Flanders 1.7 ha 1 · 3,051 m² 8.7 m · 2 fl.
45055C0011/00A003 Flanders 7,561 m² 1 · 4,601 m² 10.6 m · 2 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 1 year ago
2025
05-08-2025 2 directors appointed, 1 resigning Director changes
  • BV INGELBEEN, Bestuurder
  • BV A&C - Bedrijfsrevisor, Commissaris
  • NV Koutermolen, Bestuurder
2022
19-12-2022 5 directors appointed, 1 reappointed Director changes
  • Naessens Willy, Bestuurder
  • Naessens Veerle, Bestuurder
  • Naessens Sem, Bestuurder
  • Van Hautegem Filip, Bestuurder
  • Deroose Dirk, Bestuurder
  • De Clercq Bert, Commissaris

Analysis

Snowflake analysis

financial profile on 5 axes
Health16Profitability67Solvency33Growth52Stability100
54 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 16
Profitability 67
Solvency 33
Growth 52
Stability 100

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 53 of the 327 companies in this sector. 2 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van producten van vlees of van vlees van gevogelte10130Vervaardiging van producten van vlees of van vlees van gevogelte10130Managementactiviteiten van holdings74151Groothandel in vlees van wild en van gevogelte46322Groothandel in vlees van wild en van gevogelte46322Holdings64200Activiteiten van holdings64210Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311
Primary activity highlighted.
Names & trade names
Legal nameNL BLANCKE PRODUCTION
Registered office
Waregemseweg (W.) 28
9790 Wortegem-Petegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.