BLEVI
ActiveSummary
BLEVI has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,200 and a net result of €9,438. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+80
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 13.27 against 12.8 in 2024; short-term debt: 7.2% and cash: 89% of total assets), and 7.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.8%
Return on assets
10.2%
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
50 d early
2023
49 d early
2022
59 d early
2021
4 d early
2020
51 d early
2019
17 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 38 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€86,200▲ 12.3%
2024 · €76,762
Total assets
€92,928▲ 11.9%
2024 · €83,043
Net result
€9,438
2024 · -€12,071
Working capital
€82,236▲ 11.0%
2024 · €74,102
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Operating result€22,487€30,567▲ 35.9%€24,563▼ 19.6%-€11,889€9,608
Net result€18,852within the sector's middle half€22,274within the sector's middle half▲ 18.1%€14,649within the sector's middle half▼ 34.2%-€12,071below the sector's middle half€9,438within the sector's middle half
Equity€119,588within the sector's middle half▲ 18.7%€141,861above the sector's middle half▲ 18.6%€88,833within the sector's middle half▼ 37.4%€76,762within the sector's middle half▼ 13.6%€86,200within the sector's middle half▲ 12.3%
Total assets€194,716within the sector's middle half▲ 11.7%€202,564within the sector's middle half▲ 4.0%€99,306within the sector's middle half▼ 51.0%€83,043within the sector's middle half▼ 16.4%€92,928within the sector's middle half▲ 11.9%
Debt€75,128▲ 2.0%€60,703▼ 19.2%€10,473▼ 82.7%€6,281▼ 40.0%€6,728▲ 7.1%
Working capital€109,784▲ 17.6%€135,719▲ 23.6%€85,315▼ 37.1%€74,102▼ 13.1%€82,236▲ 11.0%
Solvency61.4%within the sector's middle half▲ 3.6pp70.0%above the sector's middle half▲ 8.6pp89.5%above the sector's middle half▲ 19.4pp92.4%above the sector's middle half▲ 3.0pp92.8%above the sector's middle half▲ 0.3pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result returns to profit in 2025: €9,608 after a loss of €11,889 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,928
Fixed assets
€3,987 ▲ 49.9%
Current assets
€88,940 ▲ 10.6%
Equity and liabilities €92,928
Equity
€86,200 ▲ 12.3%
Debt
€6,728 ▲ 7.1%
Debt's share of the balance-sheet total falls from 7.6% to 7.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,421▲
2024 · -€10,185
Cash flow
€11,251▲
2024 · -€10,368
Current ratio
13.27▲
2024 · 12.80
Debt to equity
0.08▼
2024 · 0.08
ROE
10.9%▲
2024 · -15.7%
ROA
10.2%▲
2024 · -14.5%
Interest coverage
22.22▲
2024 · -21.34
Debt ≤ 1 year
€6,705▲
2024 · €6,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 31,324 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €20,250 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €25,680 | €214 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,709 | €8,187 | €1,778 | €1,704 | €1,813 | ▲ 6.4% |
| Other operating charges640/8 | €402 | €508 | €10,851 | €726 | €576 | ▼ 20.7% |
| Gross operating margin9900 | €56,278 | €39,476 | €37,192 | -€9,459 | €11,997 | ▲ 227% |
| Operating profit (loss)9901 | €22,487 | €30,567 | €24,563 | -€11,889 | €9,608 | ▲ 181% |
| Financial income75/76B | €432 | €436 | €749 | €295 | €344 | ▲ 16.8% |
| Recurring financial income75 | €432 | €436 | €749 | €295 | €344 | ▲ 16.8% |
| Financial charges65/66B | €232 | €313 | €619 | €477 | €514 | ▲ 7.7% |
| Recurring financial charges65 | €232 | €313 | €619 | €477 | €514 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | €22,687 | €30,691 | €24,694 | -€12,071 | €9,438 | ▲ 178% |
| Income taxes67/77 | €3,835 | €8,417 | €10,045 | €0 | - | - |
| Profit (loss) for the period9904 | €18,852 | €22,274 | €14,649 | -€12,071 | €9,438 | ▲ 178% |
| Transfer from tax-exempt reserves789 | €8,164 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €27,016 | €22,274 | €14,649 | -€12,071 | €9,438 | ▲ 178% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €194,716 | €202,564 | €99,306 | €83,043 | €92,928 | ▲ 11.9% |
| Fixed assets21/28 | €11,172 | €6,142 | €4,364 | €2,660 | €3,987 | ▲ 49.9% |
| Tangible fixed assets22/27 | €11,172 | €6,142 | €4,364 | €2,660 | €3,987 | ▲ 49.9% |
| Plant, machinery and equipment23 | €1,255 | €1,705 | €949 | €268 | €0 | ▼ 100% |
| Furniture and vehicles24 | €9,917 | €4,437 | €3,415 | €2,393 | €3,987 | ▲ 66.6% |
| Current assets29/58 | €183,544 | €196,422 | €94,942 | €80,383 | €88,940 | ▲ 10.6% |
| Stocks and contracts in progress3 | €7,596 | €1,419 | €0 | €1,980 | €0 | ▼ 100% |
| Stocks30/36 | €7,596 | €1,419 | €0 | €1,980 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €21,597 | €14,374 | €4,102 | €3,641 | €4,530 | ▲ 24.4% |
| Trade receivables40 | €14,773 | €12,905 | €0 | - | €240 | - |
| Other amounts receivable41 | €6,824 | €1,469 | €4,102 | €3,641 | €4,290 | ▲ 17.8% |
| Cash at bank and in hand54/58 | €152,523 | €170,420 | €89,655 | €73,600 | €82,743 | ▲ 12.4% |
| Deferred charges and accrued income490/1 | €1,828 | €10,209 | €1,186 | €1,162 | €1,667 | ▲ 43.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €194,716 | €202,564 | €99,306 | €83,043 | €92,928 | ▲ 11.9% |
| Equity10/15 | €119,588 | €141,861 | €88,833 | €76,762 | €86,200 | ▲ 12.3% |
| Contributions10/11 | €86,277 | €86,277 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €33,311 | €55,585 | €70,233 | €68,373 | €68,373 | = |
| Non-distributable reserves130/1 | €8,628 | €8,628 | €0 | - | - | - |
| Reserves not available under the articles1311 | €8,628 | €8,628 | €0 | - | - | - |
| Distributable reserves133 | €24,683 | €46,957 | €70,233 | €68,373 | €68,373 | = |
| Profit (loss) carried forward14 | - | - | - | -€10,211 | -€773 | ▲ 92.4% |
| Amounts payable17/49 | €75,128 | €60,703 | €10,473 | €6,281 | €6,728 | ▲ 7.1% |
| Amounts payable after more than one year17 | €1,368 | - | - | - | - | - |
| Financial debts170/4 | €1,368 | - | - | - | - | - |
| Amounts payable within one year42/48 | €73,760 | €60,703 | €9,627 | €6,281 | €6,705 | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | €4,073 | €1,368 | €0 | - | - | - |
| Trade debts44 | €14,528 | €2,567 | €6,720 | €3,029 | €1,118 | ▼ 63.1% |
| Suppliers440/4 | €14,528 | €2,567 | €6,720 | €3,029 | €1,118 | ▼ 63.1% |
| Taxes, remuneration and social security45 | €104 | €3,417 | €387 | €73 | €374 | ▲ 414% |
| Taxes450/3 | - | €3,417 | €387 | €73 | €374 | ▲ 414% |
| Remuneration and social security454/9 | €104 | - | - | - | - | - |
| Other amounts payable47/48 | €55,055 | €53,352 | €2,521 | €3,179 | €5,212 | ▲ 63.9% |
| Accrued charges and deferred income492/3 | - | - | €846 | €0 | €23 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,852 | €22,274 | €14,649 | -€12,071 | €9,438 | ▲ 178% |
| + Depreciation and write-downs630 | €7,709 | €8,187 | €1,778 | €1,704 | €1,813 | ▲ 6.4% |
| Operating cash flow (approximation) | €26,561 | €30,460 | €16,427 | -€10,368 | €11,251 | ▲ 209% |
| Investment in fixed assets (approximation) | - | -€3,157 | €0 | €0 | -€3,140 | - |
| Change in cash | - | €17,897 | -€80,765 | -€16,054 | €9,143 | ▲ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9,438
Net result €9,438 after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€12,071
Net result drops to -€12,071, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 9.86
Current ratio from 3.24 to 9.86; short-term debt falls from €60,703 to €9,627.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €22,274 ▲18.1%
Operating result €30,567, net result €22,274, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18,852
Net result €18,852 after 2 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
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 2 acts read
About the unread acts
We know of 2 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
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, Scherpenheuvel-Zichem · 1 establishment unit since 2002
Ground area
4,616 m²
Building footprint
218 m²
Volume, LiDAR
1,068 m³
Parcel 24071A0203/00A002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oudestraat 28, 3272 Scherpenheuvel-Zichem
since 20022.095.656.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24071A0203/00A002 | Flanders | 4,616 m² | 1 · 218 m² | 10.3 m · 2 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
ARTIBAT STAFF & STUC
BE 0820.168.355
Gembloux · Eq €86,208
ONKELINX AFWERKING
BE 0550.534.980
Gingelom · Eq €86,305
ECOFOAM
BE 0752.839.269
Brussel · Eq €86,488
Het Klussertje
BE 0836.283.916
Beernem · Eq €85,846
ISOLEAD
BE 1013.548.248
Merbes-le-Château · Eq €85,744
Of 4,269 companies in sector 43230 we hold annual accounts for 1,239. 1,043 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
Founded11-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476669777
Also
9925:BE0476669777
Registered
26-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.