BLANKENBERGE DOE-HET-ZELF
ActiveSummary
The annual accounts of BLANKENBERGE DOE-HET-ZELF for fiscal year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €50k and a net result of €-265k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 4867 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-1
Solvency27▼-11
Growth34=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.89 against 0.94 in 2024; short-term debt: 97.3% and cash: 1.8% of total assets), and 97.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-265k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 9%
← 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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
15 d early
2023
26 d early
2022
31 d early
2021
4 d late
2020
3 d early
2019
4 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.02M▼ 14.8%
2021 · €5.89M
2018: €4.80M
2019: €4.67M
2020: €5.73M
2021: €5.89M
2018 → 2022
EBIT margin
-3.4%▼ 2.6pp
2021 · -0.8%
2018: -2.9%
2019: -2.5%
2020: 3.0%
2021: -0.8%
2018 → 2022
Net result
€-265k▼ 1.2%
2024 · €-262k
2018: €-150k
2019: €-139k
2020: €165k
2021: €-47k
2022: €-202k
2023: €-314k
2024: €-262k
2018 → 2025
Working capital
€-264k▼ 114%
2024 · €-123k
2018: €624k
2019: €534k
2020: €737k
2021: €61k
2022: €-145k
2023: €14k
2024: €-123k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.89M-€5.02M▼ 14.8%
Equity€692k-€490k▼ 29.2%€576k▲ 17.5%€314k▼ 45.4%€50k▼ 84.2%
Operating result€-44k-€-170k▼ 283%€-286k▼ 68.1%€-221k▲ 22.6%€-244k▼ 10.0%
Net result€-47k-€-202k▼ 333%€-314k▼ 55.5%€-262k▲ 16.7%€-265k▼ 1.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €244k in 2025 against €221k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.37M
Fixed assets
€327k ▼ 27.2%
Current assets
€2.04M =
Equity and liabilities €2.37M
Equity
€50k ▼ 84.2%
Debt
€2.32M ▲ 6.5%
Debt's share of the balance-sheet total rises from 87.4% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-107k▼
2024 · €-81k
Cash flow
€-128k▼
2024 · €-121k
Current ratio
0.89▼
2024 · 0.94
Quick ratio
0.02▼
2024 · 0.04
Debt to equity
46.86▲
2024 · 6.93
ROE
-534.3%▼
2024 · -83.3%
ROA
-11.2%▼
2024 · -10.5%
Interest coverage
-1.66▼
2024 · -0.96
Debt ≤ 1 year
€2.31M▲
2024 · €2.17M
Staff costs
€664k▼
2024 · €694k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.49M€2.37M▼
Fixed assets21/28€449k€327k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€449k€327k▼
Plant, machinery and equipment23€153k€77k▼
Furniture and vehicles24€30k€16k▼
Other tangible fixed assets26€267k€235k▼
Current assets29/58€2.04M€2.04M=
Stocks and contracts in progress3€1.97M€1.99M▲
Stocks30/36€1.97M€1.99M▲
Amounts receivable within one year40/41€24k€7k▼
Trade receivables40€24k€7k▼
Cash at bank and in hand54/58€44k€43k▼
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.37M▼
Equity10/15€314k€50k▼
Contributions10/11€525k€525k=
Capital10€525k€525k=
Issued capital100€525k€525k=
Reserves13€381k€381k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€369k€369k=
Profit (loss) carried forward14€-592k€-857k▼
Amounts payable17/49€2.18M€2.32M▲
Amounts payable within one year42/48€2.17M€2.31M▲
Trade debts44€340k€253k▼
Suppliers440/4€340k€253k▼
Advances received on contracts in progress46€7k€6k▼
Taxes, remuneration and social security45€109k€101k▼
Taxes450/3€491€12k▲
Remuneration and social security454/9€109k€88k▼
Other amounts payable47/48€1.71M€1.95M▲
Accrued charges and deferred income492/3€12k€14k▲
Income statement
Code20242025
Non-recurring operating income76A€87k€86k▼
Remuneration, social security and pensions62€694k€664k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141k€136k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€8k▼
Other operating charges640/8€34k€22k▼
Gross operating margin9900€662k€587k▼
Operating profit (loss)9901€-221k€-244k▼
Financial income75/76B€44k€43k▼
Recurring financial income75€44k€43k▼
Financial charges65/66B€84k€64k▼
Recurring financial charges65€84k€64k▼
Profit (loss) for the period before taxes9903€-262k€-265k▼
Profit (loss) for the period9904€-262k€-265k▼
Profit (loss) for the period to be appropriated9905€-262k€-265k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-592k€-857k▼
Profit (loss) brought forward from the previous period14P€-330k€-592k▼
Social balance
Average headcount (FTE)908714.313.5▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-314k
Net result drops to €-314k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €576k ▲17.5%
Equity rises from €490k to €576k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €165k
Net result €165k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Blankenberge · 2 establishment units since 1990
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.
Brugse Steenweg 658370 BlankenbergeGround area
1.0 ha
Building footprint
4,409 m²
Volume, LiDAR
19,841 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
HUBO
since 19902.041.629.472
Hubo
since 20102.186.568.951
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034D0018/00E000 | Flanders | 5,775 m² | 1 · 1,998 m² | 15.0 m · 2 fl. |
| 33021E0226/00G000 | Flanders | 4,689 m² | 1 · 2,411 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBlankenberge2.041.629.472
Poperinge2.186.568.951
Similar companies · same sector, comparable size
CALLENS POORTEN
BE 0672.646.401
Zulte · Eq €49,627
Sanilec
BE 0412.559.806
Anderlecht · Eq €49,378
Studio Steel
BE 0797.027.917
Kapellen · Eq €49,794
RF LUYCKX
BE 0789.942.858
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Er Works
BE 0841.354.145
Antwerpen · Eq €48,976
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 628 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.