Bligis
ActiveSummary
The annual accounts of Bligis for fiscal year 2024 show a net loss of 52% of total assets. The 2024 annual accounts show equity of €113k and a net result of €-62k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 2832 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-88
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 16.41 against 14.17 in 2023; short-term debt: 4.9% and cash: 71.7% of total assets), and 4.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
95.1%
Return on assets
-52.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
41 d early
2022
33 d early
2021
31 d early
2020
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€113k▼ 37.6%
2023 · €181k
2020: €58klowest in 5 years
2021: €129k▲ +121% vs 2020
2022: €151k▲ +16.8% vs 2021
2023: €181k▲ +19.7% vs 2022highest in 5 years
2024: €113k▼ -37.6% vs 2023
2020 → 2024
Total assets
€119k▼ 38.2%
2023 · €192k
2020: €72klowest in 5 years
2021: €149k▲ +106% vs 2020
2022: €163k▲ +9.7% vs 2021
2023: €192k▲ +17.8% vs 2022highest in 5 years
2024: €119k▼ -38.2% vs 2023
2020 → 2024
Net result
€-62k
2023 · €30k
2020: €51k
2021: €71k▲ +37.9% vs 2020highest in 5 years
2022: €22k▼ -69.5% vs 2021
2023: €30k▲ +37.5% vs 2022
2024: €-62k▼ -308% vs 2023lowest in 5 years
2020 → 2024
Working capital
€89k▼ 38.9%
2023 · €146k
2020: €56klowest in 5 years
2021: €66k▲ +19.5% vs 2020
2022: €102k▲ +54.0% vs 2021
2023: €146k▲ +42.3% vs 2022highest in 5 years
2024: €89k▼ -38.9% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€58k-€129k▲ 121%€151k▲ 16.8%€181k▲ 19.7%€113k▼ 37.6%
2020: €58klowest in 5 years
2021: €129k▲ +121% vs 2020
2022: €151k▲ +16.8% vs 2021
2023: €181k▲ +19.7% vs 2022highest in 5 years
2024: €113k▼ -37.6% vs 2023
Operating result€64k-€89k▲ 37.9%€28k▼ 68.8%€38k▲ 37.7%€-62k
2020: €64k
2021: €89k▲ +37.9% vs 2020highest in 5 years
2022: €28k▼ -68.8% vs 2021
2023: €38k▲ +37.7% vs 2022
2024: €-62k▼ -262% vs 2023lowest in 5 years
Net result€51k-€71k▲ 37.9%€22k▼ 69.5%€30k▲ 37.5%€-62k
2020: €51k
2021: €71k▲ +37.9% vs 2020highest in 5 years
2022: €22k▼ -69.5% vs 2021
2023: €30k▲ +37.5% vs 2022
2024: €-62k▼ -308% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €62k after €38k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€24k ▼ 32.1%
Current assets
€95k ▼ 39.5%
Equity and liabilities €119k
Equity
€113k ▼ 37.6%
Debt
€6k ▼ 47.8%
Debt's share of the balance-sheet total falls from 5.8% to 4.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-49k▼
2023 · €52k
Cash flow
€-49k▼
2023 · €43k
Current ratio
16.41▲
2023 · 14.17
Debt to equity
0.05▼
2023 · 0.06
ROE
-54.9%▼
2023 · 16.5%
ROA
-52.3%▼
2023 · 15.5%
Interest coverage
-725.53▼
2023 · 818.84
Debt ≤ 1 year
€6k▼
2023 · €11k
Income taxes
€158▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€192k€119k▼
Fixed assets21/28€35k€24k▼
Tangible fixed assets22/27€35k€24k▼
Furniture and vehicles24€35k€24k▼
Current assets29/58€157k€95k▼
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€16k€898▼
Other amounts receivable41€227€8k▲
Cash at bank and in hand54/58€139k€85k▼
Deferred charges and accrued income490/1€1k€172▼
Equity and liabilities
Total equity and liabilities10/49€192k€119k▼
Equity10/15€181k€113k▼
Contributions10/11€7k€7k=
Reserves13€174k€106k▼
Distributable reserves133€174k€106k▼
Amounts payable17/49€11k€6k▼
Amounts payable within one year42/48€11k€6k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€8k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€701€599▼
Gross operating margin9900€52k€-48k▼
Operating profit (loss)9901€38k€-62k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€63€68▲
Recurring financial charges65€63€68▲
Profit (loss) for the period before taxes9903€38k€-62k▼
Income taxes67/77€8k€158▼
Profit (loss) for the period9904€30k€-62k▼
Profit (loss) for the period to be appropriated9905€30k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-62k▼
Transfer from equity791/2-€68k
Transfer to equity691/2€30k-
To other reserves6921€30k-
Profit to be distributed694/7-€6k
Return on contributions (dividend)694-€6k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €781 | €4k | €14k | €13k | €13k | ▼ 4.1% |
| Other operating charges640/8 | - | €533 | €741 | €701 | €599 | ▼ 14.5% |
| Gross operating margin9900 | €66k | €93k | €43k | €52k | €-48k | ▼ 193% |
| Operating profit (loss)9901 | €64k | €89k | €28k | €38k | €-62k | ▼ 262% |
| Financial income75/76B | - | - | - | €0 | €1 | ▲ 7,400% |
| Recurring financial income75 | €0 | - | - | €0 | €1 | ▲ 7,400% |
| Financial charges65/66B | - | €73 | €83 | €63 | €68 | ▲ 7.1% |
| Recurring financial charges65 | €72 | €73 | €83 | €63 | €68 | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | €64k | €89k | €28k | €38k | €-62k | ▼ 263% |
| Income taxes67/77 | €13k | €18k | €6k | €8k | €158 | ▼ 98.1% |
| Profit (loss) for the period9904 | €51k | €71k | €22k | €30k | €-62k | ▼ 308% |
| Profit (loss) for the period to be appropriated9905 | €51k | €71k | €22k | €30k | €-62k | ▼ 308% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €149k | €163k | €192k | €119k | ▼ 38.2% |
| Fixed assets21/28 | €3k | €63k | €49k | €35k | €24k | ▼ 32.1% |
| Tangible fixed assets22/27 | €3k | €63k | €49k | €35k | €24k | ▼ 32.1% |
| Furniture and vehicles24 | - | €63k | €49k | €35k | €24k | ▼ 32.1% |
| Current assets29/58 | €69k | €86k | €114k | €157k | €95k | ▼ 39.5% |
| Amounts receivable within one year40/41 | €11k | €19k | €26k | €16k | €9k | ▼ 42.0% |
| Trade receivables40 | - | €14k | €24k | €16k | €898 | ▼ 94.4% |
| Other amounts receivable41 | - | €5k | €1k | €227 | €8k | ▲ 3,644% |
| Cash at bank and in hand54/58 | €59k | €66k | €88k | €139k | €85k | ▼ 38.9% |
| Deferred charges and accrued income490/1 | - | €198 | €953 | €1k | €172 | ▼ 84.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €149k | €163k | €192k | €119k | ▼ 38.2% |
| Equity10/15 | €58k | €129k | €151k | €181k | €113k | ▼ 37.6% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €51k | €122k | €144k | €174k | €106k | ▼ 39.1% |
| Distributable reserves133 | - | €122k | €144k | €174k | €106k | ▼ 39.1% |
| Amounts payable17/49 | €14k | €19k | €12k | €11k | €6k | ▼ 47.8% |
| Amounts payable within one year42/48 | €14k | €19k | €12k | €11k | €6k | ▼ 47.8% |
| Trade debts44 | €501 | €619 | €659 | €2k | €1k | ▼ 48.3% |
| Suppliers440/4 | - | €619 | €659 | €2k | €1k | ▼ 48.3% |
| Taxes, remuneration and social security45 | - | €16k | - | €1k | - | - |
| Taxes450/3 | - | €16k | - | €1k | - | - |
| Other amounts payable47/48 | - | €3k | €11k | €8k | €5k | ▼ 39.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €71k | €22k | €30k | €-62k | ▼ 308% |
| + Depreciation and write-downs630 | €781 | €4k | €14k | €13k | €13k | ▼ 4.1% |
| Operating cash flow (approximation) | €52k | €75k | €36k | €43k | €-49k | ▼ 214% |
| Investment in fixed assets (approximation) | - | €-64k | €0 | €0 | €-2k | - |
| Change in cash | - | €8k | €21k | €52k | €-54k | ▼ 205% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 9.58
Current ratio from 4.47 to 9.58; short-term debt falls from €19k to €12k.
31-12
Financial
Equity above €150kEq €151k ▲16.8%
3 profitable years in a row build equity to €151k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2020net €71k ▲37.9%
Operating result €89k, net result €71k, both a record.
31-12
Financial
Equity above €100kEq €129k ▲121%
2 profitable years in a row build equity to €129k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Pelt · 1 establishment unit since 2020
Ground area
763 m²
Building footprint
137 m²
Volume, LiDAR
793 m³
Parcel 72502D0860/00K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BLIGIS
since 20202.298.660.072
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502D0860/00K000 | Flanders | 763 m² | 1 · 137 m² | 7.9 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
Valerius Software
BE 0794.555.011
Schaarbeek · Eq €113,195
Dejonckheere Consultancy
BE 0478.968.677
Brussel · Eq €113,253
IT-LOG Belgique
BE 0748.436.360
Tournai · Eq €113,412
BUSINESS INTELLIGENCE SOLUTION
BE 0787.921.397
Charleroi · Eq €112,244
NOVAKOMENKO
BE 0464.124.412
Zoersel · Eq €112,218
Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,406 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
Founded17-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Contact
E-mail
elton@biglis.euPelt
Scores and ratios are computed by Checked and are not a credit decision.