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BLCN DESIGN

Bankruptcy
Private limited companyfounded 2019Leopold III-laan 3C-3E, 8400 Oostende, BelgiumKBO/BCE: BE 0720.937.058

The KBO register records for BLCN DESIGN the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €7k and a net result of €-80k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-09-2024, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
47 d late
2022
24 d late
2021
26 d late
2020
4 d early
← before the deadline after the 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 2023, micro schema

Equity
€7k▼ 92.3%
2022 · €87k
2020: €33k 2021: €106k 2022: €87k
2020 → 2023
Total assets
€294k▲ 14.0%
2022 · €258k
2020: €105k 2021: €226k 2022: €258k
2020 → 2023
Net result
€-80k▼ 315%
2022 · €-19k
2020: €18k 2021: €73k 2022: €-19k
2020 → 2023
Working capital
€-47k
2022 · €39k
2020: €31k 2021: €65k 2022: €39k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2020202120222023Trend
Equity€33k-€106k▲ 222%€87k▼ 18.2%€7k▼ 92.3%
Operating result€21k-€96k▲ 356%€-10k€-75k▼ 645%
Net result€18k-€73k▲ 309%€-19k€-80k▼ 315%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2020: €21k€21kNet result 2020: €18k€18kOperating result 2021: €96k€96kNet result 2021: €73k€73kOperating result 2022: €-10k€-10kNet result 2022: €-19k€-19kOperating result 2023: €-75k€-75kNet result 2023: €-80k€-80k2020202120222023
The operating result stays negative: a loss of €75k in 2023 against €10k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €294k
Fixed assets €54k▼ 0.4%
Current assets €240k▲ 17.7%
Equity and liabilities €294k
Equity €7k▼ 92.3%
Debt €287k▲ 67.7%
The debt ratio rises from 66.4% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€-66k
2022 · €5k
Cash flow
€-71k
2022 · €-4k
Solvency
2.3%
2022 · 33.6%
Current ratio
0.84
2022 · 1.23
Quick ratio
0.84
2022 · 1.23
Debt / equity
42.90
2022 · 1.98
ROA
-27.2%
2022 · -7.5%
Interest coverage
-13.08
2022 · 1.10
Debt
€287k
2022 · €171k
Debt ≤ 1 year
€287k
2022 · €165k
Debt > 1 year
€0
2022 · €6k
Income taxes
€0
2022 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €294k, equity €7k).
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 · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€258k€294k
Fixed assets21/28€54k€54k
Tangible fixed assets22/27€51k€50k
Land and buildings22-€26k
Plant, machinery and equipment23€9k€4k
Furniture and vehicles24€42k€20k
Financial fixed assets28€3k€3k=
Current assets29/58€204k€240k
Amounts receivable within one year40/41€198k€221k
Trade receivables40€8k€20k
Other amounts receivable41€191k€201k
Cash at bank and in hand54/58€6k€20k
Deferred charges and accrued income490/1€333€0
Equity and liabilities
Total equity and liabilities10/49€258k€294k
Equity10/15€87k€7k
Contributions10/11€15k€15k=
Reserves13€91k€91k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€-19k€-99k
Amounts payable17/49€171k€287k
Amounts payable after more than one year17€6k€0
Financial debts170/4€6k€0
Amounts payable within one year42/48€165k€287k
Current portion of amounts payable after more than one year42€12k€6k
Trade debts44€137k€249k
Suppliers440/4€137k€249k
Taxes, remuneration and social security45€16k€33k
Taxes450/3€16k€33k
Accrued charges and deferred income492/3€0-
Income statement Code20222023
Non-recurring operating income76A€475€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k
Other operating charges640/8€1k€5k
Non-recurring operating charges66A-€559
Gross operating margin9900€6k€-60k
Operating profit (loss)9901€-10k€-75k
Financial income75/76B€5€17
Recurring financial income75€5€17
Financial charges65/66B€4k€5k
Recurring financial charges65€4k€5k
Profit (loss) for the period before taxes9903€-14k€-80k
Income taxes67/77€5k€0
Profit (loss) for the period9904€-19k€-80k
Profit (loss) for the period to be appropriated9905€-19k€-80k
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-99k
Profit (loss) brought forward from the previous period14P-€-19k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (15 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

2024
16-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Highest result since 2020net €73k ▲309%
Operating result €96k, net result €73k, both a record.
31-12
Financial Equity above €100kEq €106k ▲222%
2 profitable years in a row build equity to €106k.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Oostende · 1 establishment unit since 2019
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.

Leopold III-laan 3C-3E8400 Oostende
Ground area
1.7 ha
Building footprint
1,977 m²
Parcel 35013A4616/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
BLCN DESIGN
Leopold III-laan 3, 8400 OostendeOther printing
since 20192.287.505.864
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A4616/00A000 Flanders 1.7 ha 1 · 1,977 m² -
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 3,920 companies in sector 71112 we hold annual accounts for 1,295. 665 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-02-2019
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
43341Painting of buildings
58190Other publishing activities, excluding software publishing
59202Motion picture, video and television programme production, sound recording and music publishing activities
59209Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.