Blanco
Blanco has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €56k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 13549 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €1.31M |
| Net result | €56k |
| Better than sector | 58% |
| Active | 45 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.2% | 29.9% | |
| Net result | €56k | €6k | |
| Equity | €1.31M | €79k | |
| Gross operating margin | €47k | €41k | |
| Total assets | €3.19M | €416k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €31k | €18k | €258k | €18k |
| Net profit | €56k | €-26k | €111k | €-37k |
| Cash flow | €112k | €16k | €154k | €9k |
| Staff costs | - | - | - | - |
| Income taxes | - | €3k | - | - |
| Dividends | - | - | - | - |
| Total assets | €3.19M | €3.06M | €3.40M | €3.22M |
| Equity | €1.31M | €1.26M | €1.28M | €1.17M |
| Debt | €1.88M | €1.72M | €2.03M | €2.05M |
| of which ≤ 1y | €1.87M | €1.71M | €1.82M | €1.84M |
| of which > 1y | €4k | €4k | €215k | €212k |
| Working capital | €-1.53M | €-1.36M | €-1.17M | €-1.52M |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.18 | 0.20 | 0.36 | 0.17 |
| Quick ratio | 0.18 | 0.20 | 0.36 | 0.17 |
| Working capital ratio | -48.0% | -44.6% | -34.3% | -47.0% |
| Solvency | 41.2% | 41.1% | 37.8% | 36.4% |
| Debt / equity | 1.43 | 1.37 | 1.58 | 1.74 |
| Long-term debt ratio | 0.00 | 0.00 | 0.17 | 0.18 |
| Interest coverage | 63.14 | 11.97 | 8.47 | 1.51 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 1.8% | -0.9% | 3.3% | -1.1% |
| ROE | 4.3% | -2.1% | 8.7% | -3.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €3.19M | €3.06M | €3.40M | €3.22M |
| Fixed assets | 21/28 | €2.85M | €2.71M | €2.74M | €2.90M |
| Tangible fixed assets | 22/27 | €2.85M | €2.71M | €2.74M | €2.90M |
| Current assets | 29/58 | €340k | €347k | €653k | €319k |
| Amounts receivable within one year | 40/41 | €71k | €88k | - | - |
| Cash & bank | 54/58 | €12k | €6k | €404k | €70k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.19M | €3.06M | €3.40M | €3.22M |
| Equity | 10/15 | €1.31M | €1.26M | €1.28M | €1.17M |
| Contributions / capital | 10/11 | €372k | €372k | €372k | €372k |
| Reserves | 13 | €7k | €159k | €159k | €10k |
| Accumulated profits (losses) | 14 | €-322k | €-530k | €-503k | €-466k |
| Provisions & deferred taxes | 16 | - | €78k | €78k | €2k |
| Amounts payable | 17/49 | €1.88M | €1.72M | €2.03M | €2.05M |
| Amounts payable after one year | 17 | €4k | €4k | €215k | €212k |
| Amounts payable within one year | 42/48 | €1.87M | €1.71M | €1.82M | €1.84M |
| Trade debts payable within one year | 44 | €11k | €3k | €726 | €6k |
| Income statement | |||||
| Gross operating margin | 9900 | €47k | €34k | €274k | €50k |
| Operating result | 9901 | €-24k | €-25k | €215k | €-28k |
| Financial income | 75 | €3k | €3k | €2k | €2k |
| Financial charges | 65 | €488 | €2k | €30k | €12k |
| Result before taxes | 9903 | €-22k | €-23k | €187k | €-37k |
| Income taxes | 67/77 | - | €3k | - | - |
| Net result for the period | 9904 | €56k | €-26k | €111k | €-37k |
| Result to be appropriated | 9905 | €208k | €-26k | €-37k | €-35k |
-
Marie-Laure MeersschaertDirectorState Gazette act 25021438 (11-02-2025)Current13-11-2024 → present
-
Nicolas MeersschaertDirectorState Gazette act 25021438 (11-02-2025)Current13-11-2024 → present
-
MEERSSCHAERT Marie-Laure Nicole RosaStatutaire bestuurderState Gazette act 24346286 (29-01-2024)Current29-01-2024 → present
-
MEERSSCHAERT Nicolas José JohanStatutaire bestuurderState Gazette act 24346286 (29-01-2024)Current29-01-2024 → present
Former directors (2)
-
Isabelle BUYSEDirectorState Gazette act 25021438 (11-02-2025)Former- → 13-11-2024
2 events
- 13-11-2024 Resigned· Director
- 29-01-2024 Resigned· Director
-
Ernst BUYSEDirectorState Gazette act 24346286 (29-01-2024)Former- → 29-01-2024
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 01-09-1981 |
| Status | Active |
| Postal code | 8500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0282/00K000 | Flanders | 4,174 m² | 1 · 337 m² | 9.2 m · 2 fl. |
| 36007C0067/02F000 | Flanders | 2,412 m² | 1 · 380 m² | 10.0 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-02-2025 2 directors appointed, 1 resigning
- Marie-Laure Meersschaert, Bestuurder
- Nicolas Meersschaert, Bestuurder
- Isabelle BUYSE, Bestuurder
Technical details
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}29-01-2024 2 directors appointed, 2 resigning
- MEERSSCHAERT Marie-Laure Nicole Rosa, Statutaire bestuurder
- MEERSSCHAERT Nicolas José Johan, Statutaire bestuurder
- Isabelle BUYSE, Bestuurder
- Ernst BUYSE, Bestuurder
Technical details
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"notary": {
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},
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}| Legal nameNL | Blanco |