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Private limited companyfounded 2023active for 2 yearsRoute Napoléon 363, 4400 Flémalle, BelgiumKBO/BCE: BE 1001.478.082
Summary

BLH has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €244,813 and a net result of -€6,795. Its solvency ranks better than 64% of 38,983 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€244,813▼ 2.7%
2024 · €251,609
Total assets
€353,283▲ 40.2%
2024 · €251,943
Net result
-€6,795▼ 26.0%
2024 · -€5,391
Working capital
-€5,187
2024 · €1,609
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €3,977 in 2025 against €5,371 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,977 2025 Net result-€6,795 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€5,371--€3,977▲ 26.0%
Net result-€5,391below the sector's middle half--€6,795below the sector's middle half▼ 26.0%
Equity€251,609above the sector's middle half-€244,813above the sector's middle half▼ 2.7%
Total assets€251,943within the sector's middle half-€353,283within the sector's middle half▲ 40.2%
Debt€334-€108,469▲ 32,359%
Working capital€1,609within the sector's middle half--€5,187below the sector's middle half
Solvency99.9%above the sector's middle half-69.3%within the sector's middle half▼ 30.6pp
Current ratio5.81above the sector's middle half-0.95below the sector's middle half▼ 4.86
Return on assets (ROA)-2.1%below the sector's middle half--1.9%below the sector's middle half▲ 0.2pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353,283
Fixed assets €250,000 =
Current assets €103,283 ▲ 5,216%
Equity and liabilities €353,283
Equity €244,813 ▼ 2.7%
Debt €108,469 ▲ 32,359%
Debt's share of the balance-sheet total rises from 0.1% to 30.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
-2.8%▼
2024 · -2.1%
Debt ≤ 1 year
€108,469▲
2024 · €334
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€251,943€353,283▲
Fixed assets21/28€250,000€250,000=
Financial fixed assets28€250,000€250,000=
Current assets29/58€1,943€103,283▲
Amounts receivable within one year40/41€50€100,592▲
Trade receivables40-€400
Other amounts receivable41€50€100,193▲
Cash at bank and in hand54/58€1,893€2,690▲
Equity and liabilities
Total equity and liabilities10/49€251,943€353,283▲
Equity10/15€251,609€244,813▼
Contributions10/11€257,000€257,000=
Profit (loss) carried forward14-€5,391-€12,187▼
Amounts payable17/49€334€108,469▲
Amounts payable within one year42/48€334€108,469▲
Trade debts44€334€741▲
Suppliers440/4€334€741▲
Taxes, remuneration and social security45-€819
Taxes450/3-€819
Other amounts payable47/48-€106,910
Income statement Code20242025
Other operating charges640/8€772€400▼
Gross operating margin9900-€4,599-€3,577▲
Operating profit (loss)9901-€5,371-€3,977▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€20€2,819▲
Recurring financial charges65€20€2,819▲
Profit (loss) for the period before taxes9903-€5,391-€6,795▼
Profit (loss) for the period9904-€5,391-€6,795▼
Profit (loss) for the period to be appropriated9905-€5,391-€6,795▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,391-€12,187▼
Profit (loss) brought forward from the previous period14P--€5,391

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€772€400▼ 48.2%
Gross operating margin9900-€4,599-€3,577▲ 22.2%
Operating profit (loss)9901-€5,371-€3,977▲ 26.0%
Financial income75/76B€0€0▼ 100%
Recurring financial income75€0€0▼ 100%
Financial charges65/66B€20€2,819▲ 13,973%
Recurring financial charges65€20€2,819▲ 13,973%
Profit (loss) for the period before taxes9903-€5,391-€6,795▼ 26.0%
Profit (loss) for the period9904-€5,391-€6,795▼ 26.0%
Profit (loss) for the period to be appropriated9905-€5,391-€6,795▼ 26.0%
Line20242025Change
Assets
Total assets20/58€251,943€353,283▲ 40.2%
Fixed assets21/28€250,000€250,000=
Financial fixed assets28€250,000€250,000=
Current assets29/58€1,943€103,283▲ 5,216%
Amounts receivable within one year40/41€50€100,592▲ 203,035%
Trade receivables40-€400-
Other amounts receivable41€50€100,193▲ 202,228%
Cash at bank and in hand54/58€1,893€2,690▲ 42.1%
Equity and liabilities
Total equity and liabilities10/49€251,943€353,283▲ 40.2%
Equity10/15€251,609€244,813▼ 2.7%
Contributions10/11€257,000€257,000=
Profit (loss) carried forward14-€5,391-€12,187▼ 126%
Amounts payable17/49€334€108,469▲ 32,359%
Amounts payable within one year42/48€334€108,469▲ 32,359%
Trade debts44€334€741▲ 122%
Suppliers440/4€334€741▲ 122%
Taxes, remuneration and social security45-€819-
Taxes450/3-€819-
Other amounts payable47/48-€106,910-
Line20242025Change
Profit (loss) for the period9904-€5,391-€6,795▼ 26.0%
Operating cash flow (approximation)-€5,391-€6,795▼ 26.0%
Investment in fixed assets (approximation)-€0-
Change in cash-€797-

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

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00327800
31-12-2024 micro format 30-06-2025 2025-00194798

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.