BLASCO
ActiveSummary
BLASCO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €66,671. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 1043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 7.67 against 3.72 in 2024; short-term debt: 4.9% and cash: 1.1% of total assets), and 12.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
87.2%
Return on assets
1.6%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d early
2023
4 d early
2022
3 d early
2021
45 d early
2020
36 d early
2019
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 28 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close30-09-2026 today31-03-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€3.7m▲ 1.8%
2024 · €3.6m
Total assets
€4.2m▲ 0.4%
2024 · €4.2m
Net result
€66,671▼ 97.5%
2024 · €2.7m
Working capital
€1.4m▲ 24.2%
2024 · €1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€120,153▼ 2.9%€107,756▼ 10.3%€92,490▼ 14.2%€158,030▲ 70.9%€68,253▼ 56.8%
Net result€20,613within the sector's middle half▼ 11.6%€3,812below the sector's middle half▼ 81.5%€126,108within the sector's middle half▲ 3,208%€2.7mabove the sector's middle half▲ 2,038%€66,671within the sector's middle half▼ 97.5%
Equity€789,050within the sector's middle half▲ 2.7%€792,862within the sector's middle half▲ 0.5%€918,969within the sector's middle half▲ 15.9%€3.6mabove the sector's middle half▲ 293%€3.7mabove the sector's middle half▲ 1.8%
Total assets€4.0mabove the sector's middle half▲ 1.7%€4.1mabove the sector's middle half▲ 1.1%€4.1mabove the sector's middle half▼ 0.6%€4.2mabove the sector's middle half▲ 3.5%€4.2mabove the sector's middle half▲ 0.4%
Debt€3.2m▲ 1.5%€3.2m▲ 1.3%€3.1m▼ 4.6%€504,648▼ 83.7%€461,314▼ 8.6%
Working capital-€3.1mbelow the sector's middle half▼ 0.6%-€3.1mbelow the sector's middle half▼ 0.1%-€3.0mbelow the sector's middle half▲ 3.9%€1.1mabove the sector's middle half€1.4mabove the sector's middle half▲ 24.2%
Solvency19.5%below the sector's middle half▲ 0.2pp19.4%below the sector's middle half▼ 0.1pp22.6%below the sector's middle half▲ 3.2pp85.9%above the sector's middle half▲ 63.3pp87.2%above the sector's middle half▲ 1.2pp
Current ratio0.02below the sector's middle half▲ 0.010.01below the sector's middle half=0.01below the sector's middle half=3.72above the sector's middle half▲ 3.717.67above the sector's middle half▲ 3.95
Return on assets (ROA)0.5%below the sector's middle half▼ 0.1pp0.1%below the sector's middle half▼ 0.4pp3.1%within the sector's middle half▲ 3.0pp64.1%above the sector's middle half▲ 61.0pp1.6%within the sector's middle half▼ 62.5pp
Staff (FTE)5.9within the sector's middle half▼ 7.8%4.6within the sector's middle half▼ 22.0%4.6within the sector's middle half=5.6within the sector's middle half▲ 21.7%5.8within the sector's middle half▲ 3.6%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets
€2.6m ▼ 1.9%
Current assets
€1.6m ▲ 4.4%
Equity and liabilities €4.2m
Equity
€3.7m ▲ 1.8%
Provisions
€80,859 ▼ 7.3%
Debt
€461,314 ▼ 8.6%
Debt's share of the balance-sheet total falls from 12.0% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€135,796▼
2024 · €169,965
Cash flow
€134,214▼
2024 · €2.7m
Quick ratio
7.60▲
2024 · 3.68
Debt to equity
0.13▼
2024 · 0.14
ROE
1.8%▼
2024 · 74.6%
Interest coverage
9.58▲
2024 · 2.82
Debt ≤ 1 year
€207,915▼
2024 · €410,690
Debt > 1 year
€252,603▲
2024 · €93,676
Income taxes
€22,984
Staff costs
€314,467▲
2024 · €311,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €134,564 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €226,041 | €257,150 | €311,157 | €314,467 | ▲ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,490 | €11,000 | €11,000 | €11,936 | €67,542 | ▲ 466% |
| Other operating charges640/8 | - | €1,720 | €1,923 | €795 | €1,310 | ▲ 64.9% |
| Gross operating margin9900 | €366,238 | €346,517 | €362,564 | €481,916 | €451,573 | ▼ 6.3% |
| Operating profit (loss)9901 | €120,153 | €107,756 | €92,490 | €158,030 | €68,253 | ▼ 56.8% |
| Financial income75/76B | - | €655 | €148,027 | €2.6m | €29,207 | ▼ 98.9% |
| Recurring financial income75 | - | €655 | €148,027 | €330,127 | €29,207 | ▼ 91.2% |
| Non-recurring financial income76B | - | - | - | €2.3m | €0 | ▼ 100% |
| Financial charges65/66B | - | €96,090 | €114,410 | €60,295 | €14,175 | ▼ 76.5% |
| Recurring financial charges65 | €91,678 | €96,090 | €114,410 | €60,295 | €14,175 | ▼ 76.5% |
| Profit (loss) for the period before taxes9903 | €28,475 | €12,320 | €126,108 | €2.7m | €83,285 | ▼ 96.9% |
| Transfer from deferred taxes780 | - | - | - | €402 | €6,370 | ▲ 1,484% |
| Transfer to deferred taxes680 | - | - | - | €33,641 | €0 | ▼ 100% |
| Income taxes67/77 | €7,863 | €8,508 | - | - | €22,984 | - |
| Profit (loss) for the period9904 | €20,613 | €3,812 | €126,108 | €2.7m | €66,671 | ▼ 97.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,207 | €19,111 | ▲ 1,484% |
| Transfer to tax-exempt reserves689 | - | - | - | €100,923 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €20,613 | €3,812 | €126,108 | €2.6m | €85,782 | ▼ 96.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €4.1m | €4.1m | €4.2m | €4.2m | ▲ 0.4% |
| Fixed assets21/28 | €4.0m | €4.0m | €4.0m | €2.7m | €2.6m | ▼ 1.9% |
| Tangible fixed assets22/27 | €138,197 | €194,697 | €183,697 | €529,661 | €478,972 | ▼ 9.6% |
| Land and buildings22 | - | €99,686 | €99,686 | €0 | - | - |
| Plant, machinery and equipment23 | - | €27,510 | €16,510 | €297,161 | €246,472 | ▼ 17.1% |
| Other tangible fixed assets26 | - | €67,500 | €67,500 | €232,500 | €232,500 | = |
| Financial fixed assets28 | €3.8m | €3.8m | €3.8m | €2.2m | €2.2m | = |
| Current assets29/58 | €53,610 | €42,127 | €30,620 | €1.5m | €1.6m | ▲ 4.4% |
| Stocks and contracts in progress3 | €19,117 | €14,951 | €14,698 | €14,545 | €14,109 | ▼ 3.0% |
| Stocks30/36 | - | €14,951 | €14,698 | €14,545 | €14,109 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €25,917 | €15,364 | - | €1.5m | €1.5m | ▲ 2.9% |
| Trade receivables40 | - | €15,364 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €1.5m | €1.5m | ▲ 2.9% |
| Cash at bank and in hand54/58 | €8,012 | €11,260 | €15,243 | €20,781 | €45,771 | ▲ 120% |
| Deferred charges and accrued income490/1 | - | €553 | €679 | €652 | €494 | ▼ 24.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €4.1m | €4.1m | €4.2m | €4.2m | ▲ 0.4% |
| Equity10/15 | €789,050 | €792,862 | €918,969 | €3.6m | €3.7m | ▲ 1.8% |
| Contributions10/11 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €727,050 | €730,862 | €856,969 | €3.6m | €3.6m | ▲ 1.9% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €7,765 | €7,765 | €107,481 | €88,370 | ▼ 17.8% |
| Distributable reserves133 | - | €716,897 | €843,005 | €3.4m | €3.5m | ▲ 2.5% |
| Provisions and deferred taxes16 | €53,991 | €53,991 | €53,991 | €87,229 | €80,859 | ▼ 7.3% |
| Provisions for liabilities and charges160/5 | - | €53,991 | €53,991 | €53,991 | €53,991 | = |
| Pensions and similar obligations160 | - | €53,991 | €53,991 | €53,991 | €53,991 | = |
| Deferred taxes168 | - | - | - | €33,239 | €26,868 | ▼ 19.2% |
| Amounts payable17/49 | €3.2m | €3.2m | €3.1m | €504,648 | €461,314 | ▼ 8.6% |
| Amounts payable after more than one year17 | - | €51,339 | €38,075 | €93,676 | €252,603 | ▲ 170% |
| Financial debts170/4 | - | €51,339 | €38,075 | €93,676 | €252,603 | ▲ 170% |
| Amounts payable within one year42/48 | €3.2m | €3.2m | €3.1m | €410,690 | €207,915 | ▼ 49.4% |
| Current portion of amounts payable after more than one year42 | - | €12,965 | €13,264 | €31,236 | €94,240 | ▲ 202% |
| Trade debts44 | €9,542 | €13,925 | €24,480 | €310,290 | €37,963 | ▼ 87.8% |
| Suppliers440/4 | - | €13,925 | €24,480 | €310,290 | €37,963 | ▼ 87.8% |
| Taxes, remuneration and social security45 | - | €47,245 | €70,212 | €63,601 | €75,712 | ▲ 19.0% |
| Taxes450/3 | - | €21,085 | €24,479 | €15,848 | €29,139 | ▲ 83.9% |
| Remuneration and social security454/9 | - | €26,160 | €45,733 | €47,753 | €46,573 | ▼ 2.5% |
| Other amounts payable47/48 | - | €3.1m | €2.9m | €5,563 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €142 | €182 | €283 | €796 | ▲ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,613 | €3,812 | €126,108 | €2.7m | €66,671 | ▼ 97.5% |
| + Depreciation and write-downs630 | €6,490 | €11,000 | €11,000 | €11,936 | €67,542 | ▲ 466% |
| Operating cash flow (approximation) | €27,102 | €14,812 | €137,108 | €2.7m | €134,214 | ▼ 95.0% |
| Investment in fixed assets (approximation) | - | -€67,500 | €0 | €1.3m | -€16,852 | ▼ 101% |
| Change in cash | - | €3,248 | €3,983 | €5,539 | €24,990 | ▲ 351% |
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
Financial
Liquidity doublescurrent ratio 7.67
Current ratio from 3.72 to 7.67; short-term debt falls from €410,690 to €207,915.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
Financial
Highest result since 2019net €2.7m ▲2,038%
Operating result €158,030, net result €2.7m, both a record.
31-08
Financial
Liquidity times 371current ratio 3.72
Current ratio from 0.01 to 3.72; short-term debt falls from €3.1m to €410,690.
31-08
Financial
Equity above €2mEq €3.6m ▲293%
6 profitable years in a row build equity to €3.6m.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
Financial
Weakest financial yearnet €3,812 ▼81.5%
Net result drops to €3,812, the lowest in the series; recovery starts the following year.
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 1980
Ground area
4.4 ha
Building footprint
4,500 m²
Volume, LiDAR
19,544 m³
Parcel 43001H0469/00L000, Flanders · tallest building 14.3 m, ±1 floor. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
BLASCO
since 19802.017.939.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0469/00L000 | Flanders | 4.4 ha | 1 · 4,500 m² | 14.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-08-2024 list no shareholders, and no other source names one.
Holdings 3
-
100%
-
98.67%
-
71.52%
According to the annual accounts to 31-08-2024 of BLASCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Alnapress
BE 0427.540.762
Tielt · Eq €3,677,274
ATELIER DE CONSTRUCTION METALLIQUE
BE 0433.514.774
Sankt Vith · Eq €3,644,073
D.P.M.
BE 0444.372.836
Pelt · Eq €3,642,049
Elkem Processing Services
BE 0876.098.852
Verviers · Eq €3,618,778
MSD Metalworking
BE 0436.055.481
Dilsen-Stokkem · Eq €3,613,035
Of 3,460 companies in this sector we hold annual accounts for 1,656. 671 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded01-09-1980
Fiscal year end31-08
Activities, NACEBEL 2025
22260Manufacture of rubber and plastic products
25530Machining of metals
25510Coating of metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420705826
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.