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BLATT

Active
Private limited company (pre-2019)founded 200025 yrs activeKumtichsestraat 110, 3370 Boutersem, BelgiumKBO/BCE: BE 0473.700.884

BLATT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €65k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 7694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
95 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+21
Solvency100▲+39
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.45 against 1.33 in 2024; short-term debt: 10.3% and cash: 25.4% of total assets), and 10.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · 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
89.7%
Return on assets
19.7%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
33 d early
2023
3 d early
2022
11 d early
2021
34 d early
2020
5 d early
2019
25 d early
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
€295k▲ 28.2%
2024 · €230k
2018: €59k 2019: €113k 2020: €184k 2021: €194k 2022: €198k 2023: €211k 2024: €230k
2018 → 2025
Total assets
€328k▼ 48.6%
2024 · €638k
2018: €381k 2019: €753k 2020: €458k 2021: €814k 2022: €788k 2023: €692k 2024: €638k
2018 → 2025
Net result
€65k▲ 239%
2024 · €19k
2018: €-28k 2019: €54k 2020: €71k 2021: €10k 2022: €4k 2023: €13k 2024: €19k
2018 → 2025
Working capital
€83k▼ 39.3%
2024 · €136k
2018: €-45k 2019: €-57k 2020: €38k 2021: €72k 2022: €51k 2023: €98k 2024: €136k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€194k-€198k▲ 2.0%€211k▲ 6.7%€230k▲ 9.1%€295k▲ 28.2%
Operating result€13k-€7k▼ 49.7%€14k▲ 121%€29k▲ 101%€100k▲ 246%
Net result€10k-€4k▼ 61.0%€13k▲ 242%€19k▲ 45.3%€65k▲ 239%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €13k€13kNet result 2021: €10k€10kOperating result 2022: €7k€7kNet result 2022: €4k€4kOperating result 2023: €14k€14kNet result 2023: €13k€13kOperating result 2024: €29k€29kNet result 2024: €19k€19kOperating result 2025: €100k€100kNet result 2025: €65k€65k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 246% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €328k
Fixed assets €212k▲ 127%
Current assets €117k▼ 78.6%
Equity and liabilities €328k
Equity €295k▲ 28.2%
Debt €34k▼ 91.7%
The debt ratio falls from 64.0% to 10.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€124k
2024 · €46k
Cash flow
€89k
2024 · €36k
Solvency
89.7%
2024 · 36.0%
Current ratio
3.45
2024 · 1.33
Quick ratio
3.45
2024 · 1.33
Debt / equity
0.11
2024 · 1.78
ROE
22.0%
2024 · 8.3%
ROA
19.7%
2024 · 3.0%
Interest coverage
259.67
2024 · 140.69
Debt
€34k
2024 · €409k
Debt ≤ 1 year
€34k
2024 · €409k
Income taxes
€35k
2024 · €10k
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€638k€328k
Fixed assets21/28€93k€212k
Tangible fixed assets22/27€93k€212k
Land and buildings22€70k€199k
Furniture and vehicles24€23k€13k
Current assets29/58€545k€117k
Amounts receivable within one year40/41€345k€33k
Trade receivables40€342k€32k
Other amounts receivable41€3k€840
Cash at bank and in hand54/58€201k€84k
Equity and liabilities
Total equity and liabilities10/49€638k€328k
Equity10/15€230k€295k
Contributions10/11€20k€20k=
Reserves13€191k€210k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€189k€208k
Profit (loss) carried forward14€19k€65k
Amounts payable17/49€409k€34k
Amounts payable within one year42/48€409k€34k
Trade debts44€3k€65
Suppliers440/4€3k€65
Taxes, remuneration and social security45€7k-
Taxes450/3€1k-
Remuneration and social security454/9€6k-
Other amounts payable47/48€398k€34k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€24k
Other operating charges640/8€1k€1k
Gross operating margin9900€47k€125k
Operating profit (loss)9901€29k€100k
Financial charges65/66B€325€478
Recurring financial charges65€325€478
Profit (loss) for the period before taxes9903€29k€100k
Income taxes67/77€10k€35k
Profit (loss) for the period9904€19k€65k
Profit (loss) for the period to be appropriated9905€19k€65k
Appropriation of the result
Profit (loss) to be appropriated9906€32k€84k
Profit (loss) brought forward from the previous period14P€13k€19k
Transfer to equity691/2€13k€19k
To other reserves6921€13k€19k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity triplescurrent ratio 3.45
Current ratio from 1.33 to 3.45; short-term debt falls from €409k to €34k.
28-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €211k ▲6.7%
5 profitable years in a row build equity to €211k.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €71k ▲31.7%
Net result €71k, the highest in the series.
31-12
Financial Equity above €150kEq €184k ▲63.1%
2 profitable years in a row build equity to €184k.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial Equity above €100kEq €113k ▲92%
Equity rises from €59k to €113k.
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Boutersem · 1 establishment unit since 2001
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.

Kumtichsestraat 1103370 Boutersem
Ground area
147 m²
Building footprint
233 m²
Volume, LiDAR
1,625 m³
Parcel 24049B0134/00B000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ZAKENKANTOOR GILIS
Kumtichsestraat 110, 3370 BoutersemNACE 6523601
since 20012.100.450.569
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24049B0134/00B000 Flanders 147 m² 1 · 233 m² 10.8 m · 2 fl.
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

Of 11,216 companies in sector 82100 we hold annual accounts for 3,512. 2,285 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2000
Fiscal year end31-12
Activities, NACEBEL
74854
82100Office administrative and support services
82110Office administrative, office support and other business support activities
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.