Active BE 0444.307.114Public limited companyOpen bankruptcy

BLATON

Tempelstraat(Oph) 34 ·9500 Geraardsbergen, Belgium· 35 yrs active

Conclusion Checked

A bankruptcy procedure is open for BLATON according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €101k and a net result of €-16k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€101k
Net result	€-16k
Active	35 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

26 / 100

Fragile profile, watch profitability in particular.

Health 2

Profitability 0

Solvency 96

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

2 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-11-2022 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Net profit

€-16k

- 19-22

Total assets

€193k

-6.5% 19-22

Equity

€101k

-17.5% 19-22

Working capital

€101k

-17.5% 19-22

Income taxes

€-2k

- 19-22

Debt

€92k

+9.5% 19-22

Debt ≤ 1y

€92k

+9.5% 19-22

Current ratio

2.10

-14.6% 19-22

Quick ratio

2.10

-14.6% 19-22

Solvency

52.3%

-11.8% 19-22

Debt / equity

0.91

- 19-22

ROE

-15.3%

- 19-22

ROA

-8.0%

- 19-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	-
EBITDA	-
Net profit	€-16k
Cash flow	-
Staff costs	-
Income taxes	€-2k
Dividends	-
Total assets	€193k
Equity	€101k
Debt	€92k
of which ≤ 1y	€92k
of which > 1y	-
Working capital	€101k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	2.10
Quick ratio	2.10
Working capital ratio	52.3%
Solvency	52.3%
Debt / equity	0.91
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-8.0%
ROE	-15.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Equity & liabilities

Equity €101k · 52.3% Debt €92k · 47.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€193k
Tangible fixed assets	22/27	€0
Current assets	29/58	€193k
Amounts receivable within one year	40/41	€189k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€193k
Equity	10/15	€101k
Contributions / capital	10/11	€31k
Reserves	13	€17k
Accumulated profits (losses)	14	€53k
Amounts payable	17/49	€92k
Amounts payable within one year	42/48	€92k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€-17k
Operating result	9901	€-17k
Financial charges	65	€120
Result before taxes	9903	€-17k
Income taxes	67/77	€-2k
Net result for the period	9904	€-16k
Result to be appropriated	9905	€-16k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	STEFANIE DECLERCK POLITIEKEGEVANGENEN- STRAAT 37, 9600 RONSE	09-03-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	30-05-1991
Status	Active
Postal code	9500
First BS signal	29-03-2023
Latest BS signal	29-03-2023

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Tempelstraat(Oph) 34, 9500 Geraardsbergen

Financiële leasing

since 19922.057.885.583

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41053A0513/00A002	Flanders	1,927 m²	1 · 173 m²	7.5 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

29-03-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oudenaarde · BLATON NV TEMPELSTRAAT- (OPH) 34, 9500 GERAARDSBERGEN · event 09-03-2023

2022

29-11-2022