BLIKSEM BELGIE
ActiveThe computed 12-month bankruptcy probability of BLIKSEM BELGIE is 2.5% (moderate). The 2024 annual accounts show equity of €141k and a net result of €46k. Equity is growing by ~52.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-19
Solvency47▼-53
Growth85▲+7
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 5.88 in 2023; short-term debt: 51.5% and cash: 8.4% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
212 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€290k▲ 89.3%
2023 · €153k
2023: €153k
2023 → 2024
EBIT margin
16.5%▼ 18.8pp
2023 · 35.3%
2023: 35.3%
2023 → 2024
Net result
€46k▼ 13.2%
2023 · €53k
2022: €37k
2023: €53k
2022 → 2024
Working capital
€59k▼ 27.3%
2023 · €81k
2022: €39k
2023: €81k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€153k€290k▲ 89.3%
Equity€42k-€95k▲ 127%€141k▲ 48.6%
Operating result€37k-€54k▲ 46.6%€48k▼ 11.3%
Net result€37k-€53k▲ 44.4%€46k▼ 13.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €639k
Fixed assets
€251k▲ 1,690%
Current assets
€388k▲ 298%
Equity and liabilities €639k
Equity
€141k▲ 48.6%
Debt
€498k▲ 2,902%
The debt ratio rises from 14.9% to 77.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2023 · €63k
Cash flow
€48k▼
2023 · €62k
Solvency
22.1%▼
2023 · 85.1%
Current ratio
1.18▼
2023 · 5.88
Quick ratio
1.18▼
2023 · 5.88
Debt / equity
3.53▲
2023 · 0.17
ROE
32.7%▼
2023 · 56.0%
ROA
7.2%▼
2023 · 47.7%
Interest coverage
41.53▼
2023 · 64.41
Debt
€498k▲
2023 · €17k
Debt ≤ 1 year
€329k▲
2023 · €17k
Debt > 1 year
€169k
Income taxes
€4k
Staff costs
€95k▲
2023 · €30k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€112k€639k▲
Fixed assets21/28€14k€251k▲
Tangible fixed assets22/27€14k€249k▲
Land and buildings22-€247k
Plant, machinery and equipment23€2k-
Furniture and vehicles24€12k€2k▼
Financial fixed assets28-€2k
Current assets29/58€98k€388k▲
Amounts receivable within one year40/41€46k€334k▲
Trade receivables40€9k€243k▲
Other amounts receivable41€37k€92k▲
Cash at bank and in hand54/58€51k€54k▲
Equity and liabilities
Total equity and liabilities10/49€112k€639k▲
Equity10/15€95k€141k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€90k€136k▲
Amounts payable17/49€17k€498k▲
Amounts payable after more than one year17-€169k
Financial debts170/4-€169k
Amounts payable within one year42/48€17k€329k▲
Current portion of amounts payable after more than one year42€6k€16k▲
Financial debts43-€929
Other loans439-€929
Trade debts44€24€76k▲
Suppliers440/4€24€76k▲
Advances received on contracts in progress46-€193k
Taxes, remuneration and social security45€10k€43k▲
Taxes450/3€8k€21k▲
Remuneration and social security454/9€3k€22k▲
Income statement
Code20232024
Turnover70€153k€290k▲
Goods, raw materials, services and sundry goods60/61€57k€155k▲
Remuneration, social security and pensions62€30k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€5k€469▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€98k€157k▲
Operating profit (loss)9901€54k€48k▼
Financial income75/76B€78€4k▲
Recurring financial income75€78€4k▲
Financial charges65/66B€976€1k▲
Recurring financial charges65€976€1k▲
Profit (loss) for the period before taxes9903€53k€51k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€53k€46k▼
Profit (loss) for the period to be appropriated9905€53k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€136k▲
Profit (loss) brought forward from the previous period14P€37k€90k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €100kEq €141k ▲48.6%
3 profitable years in a row build equity to €141k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 212 days late
2023
31-12
Financial
Highest result since 2022net €53k ▲44.4%
Operating result €54k, net result €53k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 5.88
Current ratio from 1.66 to 5.88; short-term debt falls from €60k to €17k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wervik · 1 establishment unit since 2021
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.
Oude Beselarestraat 1428940 WervikGround area
431 m²
Building footprint
113 m²
Volume, LiDAR
518 m³
Parcel 33029A0593/00N002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BLIKSEM BELGIE
since 20212.319.622.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029A0593/00N002 | Flanders | 431 m² | 1 · 113 m² | 8.4 m · 1 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.
Similar companies · same sector, comparable size
Taveirne Elektriciteit
BE 0804.894.914
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De Grauwe Dirk & Co
BE 0456.256.128
Wetteren · Eq €141k
Jarda Lift Services
BE 0803.055.872
Beersel · Eq €141k
ABSOLUTE JAVA CONTROL
BE 0844.439.636
Elsene · Eq €141k
THISISIT
BE 0468.219.889
Zonhoven · Eq €141k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
66199Other activities auxiliary to financial services, excluding insurance and pension funding
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.