BLANK SPACE
ActiveSummary
BLANK SPACE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 14% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▲+17
Solvency33▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.79 in 2024; short-term debt: 34.4% and cash: 19.7% of total assets), and 91.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
8.3%
Return on assets
4.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
16 d early
2024
51 d early
2023
50 d early
2022
6 d early
2021
2 d late
2020
149 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 28.1%
2024 · €17k
2019: €8klowest in 7 years
2020: €24k▲ +210% vs 2019
2021: €45k▲ +85.6% vs 2020highest in 7 years
2022: €35k▼ -23.3% vs 2021
2023: €25k▼ -28.6% vs 2022
2024: €17k▼ -32.1% vs 2023
2025: €22k▲ +28.1% vs 2024
2019 → 2025
Total assets
€261k▼ 4.4%
2024 · €273k
2019: €42klowest in 7 years
2020: €55k▲ +31.6% vs 2019
2021: €120k▲ +118% vs 2020
2022: €105k▼ -13.0% vs 2021
2023: €94k▼ -10.5% vs 2022
2024: €273k▲ +192% vs 2023highest in 7 years
2025: €261k▼ -4.4% vs 2024
2019 → 2025
Net result
€12k
2024 · €-8k
2019: €3k
2020: €17k▲ +589% vs 2019
2021: €22k▲ +25.2% vs 2020highest in 7 years
2022: €-11k▼ -149% vs 2021lowest in 7 years
2023: €-10k▲ +5.7% vs 2022
2024: €-8k▲ +19.8% vs 2023
2025: €12k▲ +255% vs 2024
2019 → 2025
Working capital
€-33k▼ 113%
2024 · €-15k
2019: €4k
2020: €19k▲ +356% vs 2019
2021: €33k▲ +75.4% vs 2020highest in 7 years
2022: €24k▼ -26.6% vs 2021
2023: €22k▼ -10.4% vs 2022
2024: €-15k▼ -170% vs 2023
2025: €-33k▼ -113% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€35k▼ 23.3%€25k▼ 28.6%€17k▼ 32.1%€22k▲ 28.1%
2021: €45khighest in 5 years
2022: €35k▼ -23.3% vs 2021
2023: €25k▼ -28.6% vs 2022
2024: €17k▼ -32.1% vs 2023lowest in 5 years
2025: €22k▲ +28.1% vs 2024
Operating result€30k-€3k▼ 91.3%€5k▲ 91.2%€22k▲ 335%€49k▲ 126%
2021: €30k
2022: €3k▼ -91.3% vs 2021lowest in 5 years
2023: €5k▲ +91.2% vs 2022
2024: €22k▲ +335% vs 2023
2025: €49k▲ +126% vs 2024highest in 5 years
Net result€22k-€-11k€-10k▲ 5.7%€-8k▲ 19.8%€12k
2021: €22khighest in 5 years
2022: €-11k▼ -149% vs 2021lowest in 5 years
2023: €-10k▲ +5.7% vs 2022
2024: €-8k▲ +19.8% vs 2023
2025: €12k▲ +255% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261k
Fixed assets
€204k ▼ 5.6%
Current assets
€57k ▲ 0.2%
Equity and liabilities €261k
Equity
€22k ▲ 28.1%
Provisions
€20k ▲ 3.2%
Debt
€220k ▼ 7.3%
Debt's share of the balance-sheet total falls from 86.8% to 84.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▲
2024 · €34k
Cash flow
€24k▲
2024 · €4k
Current ratio
0.64▼
2024 · 0.79
Debt to equity
10.14▼
2024 · 14.02
ROE
57.0%▲
2024 · -47.2%
ROA
4.7%▲
2024 · -2.9%
Interest coverage
2.23▲
2024 · 1.26
Debt ≤ 1 year
€90k▲
2024 · €73k
Debt > 1 year
€130k▼
2024 · €165k
Income taxes
€9k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€273k€261k▼
Fixed assets21/28€216k€204k▼
Tangible fixed assets22/27€21k€9k▼
Furniture and vehicles24€21k€9k▼
Financial fixed assets28€195k€195k=
Current assets29/58€57k€57k▲
Amounts receivable within one year40/41€2k€2k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€52k€52k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€273k€261k▼
Equity10/15€17k€22k▲
Contributions10/11€6k€19k▲
Profit (loss) carried forward14€11k€3k▼
Provisions and deferred taxes16€19k€20k▲
Provisions for liabilities and charges160/5€19k€20k▲
Other liabilities and charges164/5€19k€20k▲
Amounts payable17/49€237k€220k▼
Amounts payable after more than one year17€165k€130k▼
Financial debts170/4€165k€130k▼
Amounts payable within one year42/48€73k€90k▲
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€32k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€990€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€1k€613▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€38k€63k▲
Operating profit (loss)9901€22k€49k▲
Financial charges65/66B€27k€27k▲
Recurring financial charges65€27k€27k▲
Profit (loss) for the period before taxes9903€-5k€22k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€-8k€12k▲
Profit (loss) for the period to be appropriated9905€-8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€23k▲
Profit (loss) brought forward from the previous period14P€19k€11k▼
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €11k | €12k | €12k | €12k | ▼ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €990 | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €9k | €9k | €1k | €613 | ▼ 50.1% |
| Other operating charges640/8 | €4k | €516 | €1k | €2k | €1k | ▼ 29.7% |
| Gross operating margin9900 | €36k | €23k | €27k | €38k | €63k | ▲ 66.7% |
| Operating profit (loss)9901 | €30k | €3k | €5k | €22k | €49k | ▲ 126% |
| Financial charges65/66B | €519 | €10k | €12k | €27k | €27k | ▲ 2.0% |
| Recurring financial charges65 | €519 | €10k | €12k | €27k | €27k | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €29k | €-7k | €-7k | €-5k | €22k | ▲ 521% |
| Income taxes67/77 | €8k | €4k | €3k | €3k | €9k | ▲ 228% |
| Profit (loss) for the period9904 | €22k | €-11k | €-10k | €-8k | €12k | ▲ 255% |
| Profit (loss) for the period to be appropriated9905 | €22k | €-11k | €-10k | €-8k | €12k | ▲ 255% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120k | €105k | €94k | €273k | €261k | ▼ 4.4% |
| Fixed assets21/28 | €56k | €46k | €38k | €216k | €204k | ▼ 5.6% |
| Tangible fixed assets22/27 | €51k | €41k | €33k | €21k | €9k | ▼ 57.0% |
| Furniture and vehicles24 | €51k | €41k | €33k | €21k | €9k | ▼ 57.0% |
| Financial fixed assets28 | €5k | €5k | €5k | €195k | €195k | = |
| Current assets29/58 | €64k | €58k | €55k | €57k | €57k | ▲ 0.2% |
| Amounts receivable within one year40/41 | €19k | €14k | €13k | €2k | €2k | ▲ 21.9% |
| Trade receivables40 | €19k | €11k | €11k | - | - | - |
| Other amounts receivable41 | €142 | €3k | €2k | €2k | €2k | ▲ 21.9% |
| Cash at bank and in hand54/58 | €42k | €42k | €39k | €52k | €52k | ▼ 1.6% |
| Deferred charges and accrued income490/1 | €3k | €3k | €3k | €3k | €3k | ▲ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120k | €105k | €94k | €273k | €261k | ▼ 4.4% |
| Equity10/15 | €45k | €35k | €25k | €17k | €22k | ▲ 28.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Profit (loss) carried forward14 | €39k | €29k | €19k | €11k | €3k | ▼ 71.3% |
| Provisions and deferred taxes16 | - | €9k | €18k | €19k | €20k | ▲ 3.2% |
| Provisions for liabilities and charges160/5 | - | €9k | €18k | €19k | €20k | ▲ 3.2% |
| Other liabilities and charges164/5 | - | €9k | €18k | €19k | €20k | ▲ 3.2% |
| Amounts payable17/49 | €75k | €60k | €51k | €237k | €220k | ▼ 7.3% |
| Amounts payable after more than one year17 | €42k | €26k | €17k | €165k | €130k | ▼ 21.1% |
| Financial debts170/4 | €42k | €26k | €17k | €165k | €130k | ▼ 21.1% |
| Amounts payable within one year42/48 | €31k | €34k | €34k | €73k | €90k | ▲ 24.0% |
| Current portion of amounts payable after more than one year42 | €16k | €16k | €9k | €32k | €33k | ▲ 2.9% |
| Financial debts43 | - | - | €1k | - | - | - |
| Credit institutions430/8 | - | - | €1k | - | - | - |
| Trade debts44 | €4k | €3k | €456 | €2k | €3k | ▲ 85.0% |
| Suppliers440/4 | €4k | €3k | €456 | €2k | €3k | ▲ 85.0% |
| Taxes, remuneration and social security45 | €7k | €4k | €5k | €7k | €9k | ▲ 32.8% |
| Taxes450/3 | €6k | €4k | €5k | €7k | €9k | ▲ 32.8% |
| Remuneration and social security454/9 | €1k | - | - | - | - | - |
| Other amounts payable47/48 | €5k | €11k | €18k | €32k | €44k | ▲ 40.7% |
| Accrued charges and deferred income492/3 | €1k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-11k | €-10k | €-8k | €12k | ▲ 255% |
| + Depreciation and write-downs630 | €2k | €11k | €12k | €12k | €12k | ▼ 0.8% |
| Operating cash flow (approximation) | €24k | €392 | €2k | €4k | €24k | ▲ 487% |
| Investment in fixed assets (approximation) | - | €-1k | €-4k | €-190k | €0 | ▲ 100% |
| Change in cash | - | €-618 | €-2k | €13k | €-839 | ▼ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Highest result since 2019net €22k ▲25.2%
Net result €22k, the highest in the series.
04-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Blégny · 1 establishment unit since 2018
Ground area
2,611 m²
Building footprint
260 m²
Volume, LiDAR
1,564 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Anneuses 70, 4860 Pepinster
since 20182.285.712.057
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62103B0856/00F002 | Wallonia | 2,267 m² | 1 · 178 m² | 8.8 m · 2 fl. |
| 63083C0101/00H002 | Wallonia | 344 m² | 1 · 81 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500BE453ACC550092
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.