BLANCO PROJECTS

Active

Private limited companyfounded 20232 yrs activeKnokkestraat 622, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1003.482.519

BLANCO PROJECTS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €40k. Equity is growing by ~116.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

100 / 100

Excellent▲ +6 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency98▲+29

Growth78=

Stability82

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days only on tighter terms

Liquidity ample (current ratio 2.61 against 1.61 in 2024), and 41.5% of the assets are financed with debt.

How do we compute the score and the probability?

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

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

58.5%

Return on assets

33.6%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-02-2026, 156 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

156 d early

2024

43 d early

2023

34 d early

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€70k▲ 135%

2024 · €30k

2023: €876 2024: €30k

2023 → 2025

Total assets

€120k▲ 43.0%

2024 · €84k

2023: €8k 2024: €84k

2023 → 2025

Net result

€40k▲ 39.2%

2024 · €29k

2023: €-124 2024: €29k

2023 → 2025

Working capital

€49k▲ 209%

2024 · €16k

2023: €-1k 2024: €16k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€876-€30k▲ 3,311%€70k▲ 135%

Operating result€-108-€40k€53k▲ 34.4%

Net result€-124-€29k€40k▲ 39.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2025 is 34% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €120k

33.2%

66.8%

Fixed assets €40k▼ 4.0%

Current assets €80k▲ 88.9%

Equity and liabilities €120k

58.5%

41.5%

Equity €70k▲ 135%

Debt €50k▼ 7.9%

The debt ratio falls from 64.4% to 41.5%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€65k▲

2024 · €52k

Cash flow

€51k▲

2024 · €41k

Solvency

58.5%▲

2024 · 35.6%

Current ratio

2.61▲

2024 · 1.61

Quick ratio

2.61▲

2024 · 1.61

Debt / equity

0.71▼

2024 · 1.81

ROE

57.5%▼

2024 · 97.1%

ROA

33.6%▼

2024 · 34.5%

Interest coverage

38.69▲

2024 · 21.93

Debt

€50k▼

2024 · €54k

Debt ≤ 1 year

€31k▲

2024 · €26k

Debt > 1 year

€19k▼

2024 · €28k

Income taxes

€12k▲

2024 · €8k

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€84k€120k▲

Formation expenses20€0-

Fixed assets21/28€42k€40k▼

Tangible fixed assets22/27€42k€40k▼

Furniture and vehicles24€42k€33k▼

Other tangible fixed assets26-€7k

Current assets29/58€42k€80k▲

Amounts receivable within one year40/41€11k€65k▲

Trade receivables40€11k€39k▲

Other amounts receivable41€0€25k▲

Current investments50/53-€6k

Cash at bank and in hand54/58€29k€7k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€84k€120k▲

Equity10/15€30k€70k▲

Contributions10/11€1k€1k=

Reserves13€29k€69k▲

Distributable reserves133€29k€69k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€54k€50k▼

Amounts payable after more than one year17€28k€19k▼

Financial debts170/4€28k€19k▼

Amounts payable within one year42/48€26k€31k▲

Current portion of amounts payable after more than one year42€8k€9k▲

Trade debts44€597€440▼

Suppliers440/4€597€440▼

Taxes, remuneration and social security45€16k€22k▲

Taxes450/3€15k€22k▲

Remuneration and social security454/9€600€0▼

Other amounts payable47/48€2k€0▼

Income statement Code20242025

Remuneration, social security and pensions62€250-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼

Other operating charges640/8€514€459▼

Gross operating margin9900€53k€65k▲

Operating profit (loss)9901€40k€53k▲

Financial income75/76B€37€494▲

Recurring financial income75€37€494▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€37k€52k▲

Income taxes67/77€8k€12k▲

Profit (loss) for the period9904€29k€40k▲

Profit (loss) for the period to be appropriated9905€29k€40k▲

Appropriation of the result

Profit (loss) to be appropriated9906€29k€40k▲

Profit (loss) brought forward from the previous period14P€-124€0▲

Transfer to equity691/2€29k€40k▲

To other reserves6921€29k€40k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

25-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2023net €40k ▲39.2%

Operating result €53k, net result €40k, both a record.

18-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €29k

Net result €29k after one loss-making year.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

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, Knokke-Heist · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Knokkestraat 6228300 Knokke-Heist

Ground area

386 m²

Building footprint

104 m²

Volume, LiDAR

2 m³

Parcel 31013D0271/00Y004, Flanders · tallest building 0.7 m. Linked by address, not a title deed.

1 establishment unit

BLANCO PROJECTS

Knokkestraat 622, 8300 Knokke-HeistActivities of building architects

since 20232.353.286.415

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31013D0271/00Y004	Flanders	386 m²	1 · 104 m²	0.7 m

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.

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €70k

Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 5,163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-12-2023

Fiscal year end31-12

Activities, NACEBEL

68121Development of residential building projects

68122Development of non-residential building projects

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.