BLEST
ActiveThe computed 12-month bankruptcy probability of BLEST is 4.0% (moderate). The 2025 annual accounts show equity of €18k and a net result of €-12k. Equity is shrinking by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 13270 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-8
Solvency38▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.58 in 2024; short-term debt: 87.2% and cash: 38.2% of total assets), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.8%
Return on assets
-8.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-12k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
6 d early
2022
28 d early
2021
26 d late
2020
30 d late
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 39.9%
2024 · €30k
2020: €36k
2021: €48k
2022: €35k
2023: €35k
2024: €30k
2020 → 2025
Total assets
€139k▼ 43.4%
2024 · €246k
2020: €248k
2021: €297k
2022: €240k
2023: €207k
2024: €246k
2020 → 2025
Net result
€-12k▼ 130%
2024 · €-5k
2020: €26k
2021: €12k
2022: €-13k
2023: €-708
2024: €-5k
2020 → 2025
Working capital
€-60k▲ 18.9%
2024 · €-74k
2020: €-18k
2021: €-11k
2022: €-18k
2023: €-15k
2024: €-74k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€35k▼ 26.6%€35k▼ 2.0%€30k▼ 14.8%€18k▼ 39.9%
Operating result€15k-€-8k€2k€-4k€-8k▼ 128%
Net result€12k-€-13k€-708▲ 94.5%€-5k▼ 626%€-12k▼ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €4k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets
€78k▼ 45.3%
Current assets
€61k▼ 40.7%
Equity and liabilities €139k
Equity
€18k▼ 39.9%
Debt
€121k▼ 43.8%
The debt ratio falls from 88.0% to 87.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €44k
Cash flow
€21k▼
2024 · €43k
Solvency
12.8%▲
2024 · 12.0%
Current ratio
0.51▼
2024 · 0.58
Quick ratio
0.51▼
2024 · 0.57
Debt / equity
6.82▼
2024 · 7.30
ROE
-66.5%▼
2024 · -17.3%
ROA
-8.5%▼
2024 · -2.1%
Interest coverage
22.84▼
2024 · 26.07
Debt
€121k▼
2024 · €216k
Debt ≤ 1 year
€121k▼
2024 · €178k
Income taxes
€188▲
2024 · €-27
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€246k€139k▼
Fixed assets21/28€142k€78k▼
Tangible fixed assets22/27€142k€78k▼
Plant, machinery and equipment23€9k€2k▼
Furniture and vehicles24€70k€7k▼
Other tangible fixed assets26€63k€69k▲
Current assets29/58€104k€61k▼
Amounts receivable after more than one year29€3k-
Trade receivables290€3k-
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€24k€8k▼
Trade receivables40€15k€1k▼
Other amounts receivable41€9k€6k▼
Cash at bank and in hand54/58€19k€53k▲
Deferred charges and accrued income490/1€56k€584▼
Equity and liabilities
Total equity and liabilities10/49€246k€139k▼
Equity10/15€30k€18k▼
Contributions10/11€10k€10k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-7k€-18k▼
Amounts payable17/49€216k€121k▼
Amounts payable after more than one year17€38k-
Financial debts170/4€38k-
Amounts payable within one year42/48€178k€121k▼
Current portion of amounts payable after more than one year42€34k€5k▼
Trade debts44€16k€5k▼
Suppliers440/4€16k€5k▼
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€9k€9k▲
Other amounts payable47/48€118k€102k▼
Accrued charges and deferred income492/3€198-
Income statement
Code20242025
Non-recurring operating income76A-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€33k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€47k€27k▼
Operating profit (loss)9901€-4k€-8k▼
Financial income75/76B€156€30▼
Recurring financial income75€156€30▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-5k€-12k▼
Income taxes67/77€-27€188▲
Profit (loss) for the period9904€-5k€-12k▼
Profit (loss) for the period to be appropriated9905€-5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-18k▼
Profit (loss) brought forward from the previous period14P€-1k€-7k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-13k ▼206%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zottegem · 1 establishment unit since 2024
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-straat 19620 ZottegemGround area
1,490 m²
Building footprint
301 m²
Volume, LiDAR
1,933 m³
Parcel 41013A0358/00L000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
El Molino
since 20242.365.388.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41013A0358/00L000 | Flanders | 1,490 m² | 1 · 301 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 672 EUR awarded · 357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 672 EUR | 357 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZottegem2.365.388.154
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,951 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.