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BLEND IT

Active
Private limited company (pre-2019)founded 200818 yrs activeVoermansstraat 41, 3920 Lommel, BelgiumKBO/BCE: BE 0895.627.526
Summary

BLEND IT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79,343 and a net result of €28,545. Equity is growing by ~8.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 5.96 against 3.48 in 2023; short-term debt: 15.9% and cash: 82.6% of total assets), and 15.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 18 years 0 20 y
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 28-06-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 d early
2024
on the day
2023
2 d early
2022
27 d late
2021
22 d late
2020
44 d early
2019
37 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 10 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

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. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

On 21 January 2008, BLEND IT was incorporated.1 Total assets went from EUR 35,585 in 2018 to EUR 94,288 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€79,343▲ 56.2%
2023 · €50,798
Total assets
€94,288▲ 37.7%
2023 · €68,451
Net result
€28,545▲ 45.6%
2023 · €19,607
Working capital
€74,059▲ 69.1%
2023 · €43,789
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€28,465▲ 23.1%-€26,848€25,511€26,885▲ 5.4%€40,789▲ 51.7%
Net result€20,826within the sector's middle half▲ 1.3%-€27,441below the sector's middle half€24,117within the sector's middle half€19,607within the sector's middle half▼ 18.7%€28,545within the sector's middle half▲ 45.6%
Equity€53,905within the sector's middle half▼ 2.0%€26,464within the sector's middle half▼ 50.9%€50,581within the sector's middle half▲ 91.1%€50,798within the sector's middle half▲ 0.4%€79,343within the sector's middle half▲ 56.2%
Total assets€101,701within the sector's middle half▲ 41.3%€54,355below the sector's middle half▼ 46.6%€72,546within the sector's middle half▲ 33.5%€68,451within the sector's middle half▼ 5.6%€94,288within the sector's middle half▲ 37.7%
Debt€47,796▲ 182%€27,891▼ 41.6%€21,965▼ 21.2%€17,653▼ 19.6%€14,945▼ 15.3%
Working capital€53,823within the sector's middle half▲ 1.0%€17,727within the sector's middle half▼ 67.1%€47,146within the sector's middle half▲ 166%€43,789within the sector's middle half▼ 7.1%€74,059within the sector's middle half▲ 69.1%
Solvency53.0%within the sector's middle half▼ 23.4pp48.7%within the sector's middle half▼ 4.3pp69.7%within the sector's middle half▲ 21.0pp74.2%within the sector's middle half▲ 4.5pp84.1%above the sector's middle half▲ 9.9pp
Current ratio2.49within the sector's middle half▼ 8.271.71within the sector's middle half▼ 0.783.77within the sector's middle half▲ 2.063.48within the sector's middle half▼ 0.285.96above the sector's middle half▲ 2.47
Return on assets (ROA)20.5%within the sector's middle half▼ 8.1pp-50.5%below the sector's middle half▼ 71.0pp33.2%above the sector's middle half▲ 83.7pp28.6%above the sector's middle half▼ 4.6pp30.3%within the sector's middle half▲ 1.6pp
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: €28,465€28,465Net result 2020: €20,826€20,826Operating result 2021: -€26,848-€26,848Net result 2021: -€27,441-€27,441Operating result 2022: €25,511€25,511Net result 2022: €24,117€24,117Operating result 2023: €26,885€26,885Net result 2023: €19,607€19,607Operating result 2024: €40,789€40,789Net result 2024: €28,545€28,54520202021202220232024€0€20,000€40,000Operating result 2022: €25,511€25,500Net result 2022: €24,117€24,100Operating result 2023: €26,885€26,900Net result 2023: €19,607€19,600Operating result 2024: €40,789€40,800Net result 2024: €28,545€28,500202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 52% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94,288
Fixed assets €5,285 ▼ 24.6%
Current assets €89,004 ▲ 44.9%
Equity and liabilities €94,288
Equity €79,343 ▲ 56.2%
Debt €14,945 ▼ 15.3%
Debt's share of the balance-sheet total falls from 25.8% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43,264▲
2023 · €30,294
Cash flow
€31,021▲
2023 · €23,016
Debt to equity
0.19▼
2023 · 0.35
ROE
36.0%▼
2023 · 38.6%
Interest coverage
34.09▲
2023 · 24.27
Debt ≤ 1 year
€14,945▼
2023 · €17,653
Income taxes
€10,975▲
2023 · €6,029
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€68,451€94,288▲
Fixed assets21/28€7,009€5,285▼
Tangible fixed assets22/27€6,454€4,730▼
Plant, machinery and equipment23€1,354€920▼
Furniture and vehicles24€5,099€3,809▼
Financial fixed assets28€555€555=
Current assets29/58€61,442€89,004▲
Amounts receivable within one year40/41€25,750€10,377▼
Trade receivables40€25,750€10,218▼
Other amounts receivable41€0€159▲
Cash at bank and in hand54/58€34,902€77,928▲
Deferred charges and accrued income490/1€790€699▼
Equity and liabilities
Total equity and liabilities10/49€68,451€94,288▲
Equity10/15€50,798€79,343▲
Contributions10/11€6,200€6,200=
Reserves13€44,598€73,143▲
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€42,743€71,288▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€17,653€14,945▼
Amounts payable within one year42/48€17,653€14,945▼
Financial debts43€7€0▼
Credit institutions430/8€7€0▼
Trade debts44€1,638€1,818▲
Suppliers440/4€1,638€1,818▲
Taxes, remuneration and social security45€8,479€10,461▲
Taxes450/3€8,479€10,461▲
Other amounts payable47/48€7,529€2,666▼
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,409€2,476▼
Other operating charges640/8€671€808▲
Gross operating margin9900€30,965€44,073▲
Operating profit (loss)9901€26,885€40,789▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€1,248€1,269▲
Recurring financial charges65€1,248€1,269▲
Profit (loss) for the period before taxes9903€25,637€39,520▲
Income taxes67/77€6,029€10,975▲
Profit (loss) for the period9904€19,607€28,545▲
Profit (loss) for the period to be appropriated9905€19,607€28,545▲
Appropriation of the result
Profit (loss) to be appropriated9906€16,283€28,545▲
Profit (loss) brought forward from the previous period14P-€3,324€0▲
Transfer from equity791/2€19,390€0▼
Transfer to equity691/2€16,283€28,545▲
To other reserves6921€16,283€28,545▲
Profit to be distributed694/7€19,390€0▼
Return on contributions (dividend)694€19,390€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,204€7,729€3,576€3,409€2,476▼ 27.4%
Other operating charges640/8-€695€757€671€808▲ 20.5%
Gross operating margin9900€35,232-€18,424€29,845€30,965€44,073▲ 42.3%
Operating profit (loss)9901€28,465-€26,848€25,511€26,885€40,789▲ 51.7%
Financial income75/76B-€0€1€0€0=
Recurring financial income75€186€0€1€0€0=
Financial charges65/66B-€537€1,248€1,248€1,269▲ 1.7%
Recurring financial charges65€161€537€1,248€1,248€1,269▲ 1.7%
Profit (loss) for the period before taxes9903€28,489-€27,385€24,263€25,637€39,520▲ 54.2%
Income taxes67/77€7,663€56€147€6,029€10,975▲ 82.0%
Profit (loss) for the period9904€20,826-€27,441€24,117€19,607€28,545▲ 45.6%
Profit (loss) for the period to be appropriated9905€20,826-€27,441€24,117€19,607€28,545▲ 45.6%
Line20202021202220232024Change
Assets
Total assets20/58€101,701€54,355€72,546€68,451€94,288▲ 37.7%
Fixed assets21/28€11,694€11,598€8,352€7,009€5,285▼ 24.6%
Tangible fixed assets22/27€11,139€11,043€7,797€6,454€4,730▼ 26.7%
Plant, machinery and equipment23-€1,141€684€1,354€920▼ 32.1%
Furniture and vehicles24-€9,902€7,113€5,099€3,809▼ 25.3%
Financial fixed assets28€555€555€555€555€555=
Current assets29/58€90,007€42,757€64,193€61,442€89,004▲ 44.9%
Amounts receivable within one year40/41€24,970€20,717€31,077€25,750€10,377▼ 59.7%
Trade receivables40-€19,844€24,716€25,750€10,218▼ 60.3%
Other amounts receivable41-€873€6,361€0€159-
Cash at bank and in hand54/58€64,414€15,416€31,314€34,902€77,928▲ 123%
Deferred charges and accrued income490/1-€6,624€1,803€790€699▼ 11.5%
Equity and liabilities
Total equity and liabilities10/49€101,701€54,355€72,546€68,451€94,288▲ 37.7%
Equity10/15€53,905€26,464€50,581€50,798€79,343▲ 56.2%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€47,705€47,705€47,705€44,598€73,143▲ 64.0%
Non-distributable reserves130/1-€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311-€1,855€1,855€1,855€1,855=
Distributable reserves133-€45,850€45,850€42,743€71,288▲ 66.8%
Profit (loss) carried forward14--€27,441-€3,324€0€0-
Amounts payable17/49€47,796€27,891€21,965€17,653€14,945▼ 15.3%
Amounts payable within one year42/48€36,184€25,030€17,048€17,653€14,945▼ 15.3%
Financial debts43-€688€92€7€0▼ 100%
Credit institutions430/8-€688€92€7€0▼ 100%
Trade debts44€5,530€2,159€2,140€1,638€1,818▲ 11.0%
Suppliers440/4-€2,159€2,140€1,638€1,818▲ 11.0%
Taxes, remuneration and social security45-€4,082€7,762€8,479€10,461▲ 23.4%
Taxes450/3-€4,082€7,762€8,479€10,461▲ 23.4%
Other amounts payable47/48-€18,102€7,054€7,529€2,666▼ 64.6%
Accrued charges and deferred income492/3-€2,861€4,917€0--
Line20202021202220232024Change
Profit (loss) for the period9904€20,826-€27,441€24,117€19,607€28,545▲ 45.6%
+ Depreciation and write-downs630€6,204€7,729€3,576€3,409€2,476▼ 27.4%
Operating cash flow (approximation)€27,030-€19,711€27,693€23,016€31,021▲ 34.8%
Investment in fixed assets (approximation)--€7,634-€330-€2,065-€751▲ 63.6%
Change in cash--€48,998€15,898€3,588€43,026▲ 1,099%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €28,545 ▲45.6%
Operating result €40,789, net result €28,545, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial Back to profitnet €24,117
Net result €24,117 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 3.77
Current ratio from 1.71 to 3.77; short-term debt falls from €25,030 to €17,048.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial Weakest financial yearnet -€27,441
Net result drops to -€27,441, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €20,561
Net result €20,561 after one loss-making year.
Show earlier events
22-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
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, Lommel · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1,367 m²
Building footprint
160 m²
Volume, LiDAR
700 m³
Parcel 72342A0288/00L000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BLEND IT
Voermansstraat 41, 3920 LommelComputer programming, consultancy and related activities
since 20082.168.492.309
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72342A0288/00L000 Flanders 1,367 m² 1 · 160 m² 7.9 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.

Similar companies · same sector, comparable size

Of 3,149 companies in sector 63920 we hold annual accounts for 1,525. 1,250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
Contact
E-mail info@blendit.beLommel
Phone +32486382255Lommel
E-invoicing
Reachable via Peppol
Peppol ID 0208:0895627526
Also 9925:BE0895627526
Registered 24-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.