Skip to content

BLINC

Active
Private limited companyfounded 20188 yrs activeHasseltse Beverzakstraat 191E, 3500 Hasselt, BelgiumKBO/BCE: BE 0696.592.632
Summary

BLINC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,265 and a net result of €32,330. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+50
Solvency86▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.38 in 2023; short-term debt: 29.7% and cash: 5.6% of total assets), and 39.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year €55,265
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 20-06-2025, 41 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
33 d early
2022
32 d early
2021
39 d early
2020
33 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 May 2018, BLINC was incorporated.1 Total assets went from EUR 37,052 in 2019 to EUR 91,157 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

Go further with this company

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 2024, micro schema

Equity
€55,265▲ 141%
2023 · €22,935
Total assets
€91,157▲ 38.2%
2023 · €65,980
Net result
€32,330▲ 779%
2023 · €3,678
Working capital
€29,186▲ 174%
2023 · €10,635
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20202021202220232024
Operating result€26,784▲ 71.0%€15,371▼ 42.6%-€20,937€6,352€41,336▲ 551%
Net result€18,093within the sector's middle half▲ 109%€9,428within the sector's middle half▼ 47.9%-€23,113below the sector's middle half€3,678within the sector's middle half€32,330within the sector's middle half▲ 779%
Equity€32,943within the sector's middle half▲ 122%€42,370within the sector's middle half▲ 28.6%€19,257below the sector's middle half▼ 54.6%€22,935below the sector's middle half▲ 19.1%€55,265within the sector's middle half▲ 141%
Total assets€53,091below the sector's middle half▲ 43.3%€59,487below the sector's middle half▲ 12.0%€66,016below the sector's middle half▲ 11.0%€65,980below the sector's middle half▼ 0.1%€91,157within the sector's middle half▲ 38.2%
Debt€20,148▼ 9.3%€17,117▼ 15.0%€46,759▲ 173%€43,046▼ 7.9%€35,892▼ 16.6%
Working capital€28,644within the sector's middle half▲ 197%€40,424within the sector's middle half▲ 41.1%€9,141within the sector's middle half▼ 77.4%€10,635within the sector's middle half▲ 16.3%€29,186within the sector's middle half▲ 174%
Solvency62.0%within the sector's middle half▲ 22.0pp71.2%within the sector's middle half▲ 9.2pp29.2%within the sector's middle half▼ 42.1pp34.8%within the sector's middle half▲ 5.6pp60.6%within the sector's middle half▲ 25.9pp
Current ratio2.42within the sector's middle half▲ 0.993.36within the sector's middle half▲ 0.941.35within the sector's middle half▼ 2.011.38within the sector's middle half▲ 0.032.08within the sector's middle half▲ 0.70
Return on assets (ROA)34.1%above the sector's middle half▲ 10.7pp15.8%within the sector's middle half▼ 18.2pp-35.0%below the sector's middle half▼ 50.9pp5.6%within the sector's middle half▲ 40.6pp35.5%above the sector's middle half▲ 29.9pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
-€40,000-€20,000€0€20,000€40,000Operating result 2020: €26,784€26,784Net result 2020: €18,093€18,093Operating result 2021: €15,371€15,371Net result 2021: €9,428€9,428Operating result 2022: -€20,937-€20,937Net result 2022: -€23,113-€23,113Operating result 2023: €6,352€6,352Net result 2023: €3,678€3,678Operating result 2024: €41,336€41,336Net result 2024: €32,330€32,33020202021202220232024-€40,000-€20,000€0€20,000€40,000Operating result 2022: -€20,937-€20,900Net result 2022: -€23,113-€23,100Operating result 2023: €6,352€6,350Net result 2023: €3,678€3,680Operating result 2024: €41,336€41,300Net result 2024: €32,330€32,300202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 551% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91,157
Fixed assets €34,884 ▲ 28.4%
Current assets €56,273 ▲ 45.0%
Equity and liabilities €91,157
Equity €55,265 ▲ 141%
Debt €35,892 ▼ 16.6%
Debt's share of the balance-sheet total falls from 65.2% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41,792▲
2023 · €7,038
Cash flow
€32,787▲
2023 · €4,364
Debt to equity
0.65▼
2023 · 1.88
ROE
58.5%▲
2023 · 16.0%
Interest coverage
22.45▲
2023 · 2.90
Debt ≤ 1 year
€27,087▼
2023 · €28,173
Debt > 1 year
€8,805▼
2023 · €14,873
Income taxes
€6,789▲
2023 · €267
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 26,970 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€65,980€91,157▲
Fixed assets21/28€27,172€34,884▲
Tangible fixed assets22/27€0€2,134▲
Plant, machinery and equipment23€0-
Furniture and vehicles24-€848
Other tangible fixed assets26-€1,285
Financial fixed assets28€27,172€32,750▲
Current assets29/58€38,808€56,273▲
Amounts receivable within one year40/41€3,600€46,037▲
Trade receivables40-€40,556
Other amounts receivable41€3,600€5,481▲
Cash at bank and in hand54/58€30,177€5,108▼
Deferred charges and accrued income490/1€5,032€5,129▲
Equity and liabilities
Total equity and liabilities10/49€65,980€91,157▲
Equity10/15€22,935€55,265▲
Contributions10/11€6,200€6,200=
Reserves13€36,170€49,065▲
Distributable reserves133€36,170€49,065▲
Profit (loss) carried forward14-€19,435€0▲
Amounts payable17/49€43,046€35,892▼
Amounts payable after more than one year17€14,873€8,805▼
Financial debts170/4€14,873€8,805▼
Amounts payable within one year42/48€28,173€27,087▼
Current portion of amounts payable after more than one year42€5,948€6,068▲
Financial debts43€829€623▼
Credit institutions430/8€829€0▼
Other loans439-€623
Trade debts44€1,196€1,724▲
Suppliers440/4€1,196€1,724▲
Taxes, remuneration and social security45€9,696€13,281▲
Taxes450/3€9,696€13,281▲
Other amounts payable47/48€10,504€5,392▼
Income statement Code20232024
Non-recurring operating income76A€355€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686€456▼
Other operating charges640/8€585€984▲
Gross operating margin9900€7,623€42,777▲
Operating profit (loss)9901€6,352€41,336▲
Financial income75/76B€18€0▼
Recurring financial income75€18€0▼
Financial charges65/66B€2,426€2,217▼
Recurring financial charges65€2,426€1,862▼
Non-recurring financial charges66B-€355
Profit (loss) for the period before taxes9903€3,944€39,119▲
Income taxes67/77€267€6,789▲
Profit (loss) for the period9904€3,678€32,330▲
Profit (loss) for the period to be appropriated9905€3,678€32,330▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,435€12,895▲
Profit (loss) brought forward from the previous period14P-€23,113-€19,435▲
Transfer to equity691/2-€12,895
To other reserves6921-€12,895

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€15,355€355€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,927€2,352€1,010€686€456▼ 33.5%
Other operating charges640/8-€564€542€585€984▲ 68.3%
Gross operating margin9900€31,268€18,288-€19,385€7,623€42,777▲ 461%
Operating profit (loss)9901€26,784€15,371-€20,937€6,352€41,336▲ 551%
Financial income75/76B--€0€18€0▼ 100%
Recurring financial income75€0-€0€18€0▼ 100%
Financial charges65/66B-€444€1,837€2,426€2,217▼ 8.6%
Recurring financial charges65€648€444€1,837€2,426€1,862▼ 23.3%
Non-recurring financial charges66B----€355-
Profit (loss) for the period before taxes9903€26,136€14,927-€22,774€3,944€39,119▲ 892%
Income taxes67/77€8,043€5,500€339€267€6,789▲ 2,446%
Profit (loss) for the period9904€18,093€9,428-€23,113€3,678€32,330▲ 779%
Profit (loss) for the period to be appropriated9905€18,093€9,428-€23,113€3,678€32,330▲ 779%
Line20202021202220232024Change
Assets
Total assets20/58€53,091€59,487€66,016€65,980€91,157▲ 38.2%
Fixed assets21/28€4,299€1,946€30,936€27,172€34,884▲ 28.4%
Tangible fixed assets22/27€4,049€1,696€686€0€2,134-
Plant, machinery and equipment23-€1,696€686€0--
Furniture and vehicles24----€848-
Other tangible fixed assets26----€1,285-
Financial fixed assets28€250€250€30,250€27,172€32,750▲ 20.5%
Current assets29/58€48,792€57,541€35,080€38,808€56,273▲ 45.0%
Amounts receivable within one year40/41€35,729€34,904€43€3,600€46,037▲ 1,179%
Trade receivables40-€34,904€0-€40,556-
Other amounts receivable41--€43€3,600€5,481▲ 52.2%
Cash at bank and in hand54/58€11,590€21,408€30,074€30,177€5,108▼ 83.1%
Deferred charges and accrued income490/1-€1,229€4,963€5,032€5,129▲ 1.9%
Equity and liabilities
Total equity and liabilities10/49€53,091€59,487€66,016€65,980€91,157▲ 38.2%
Equity10/15€32,943€42,370€19,257€22,935€55,265▲ 141%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€26,743€36,170€36,170€36,170€49,065▲ 35.7%
Non-distributable reserves130/1-€1,860€0---
Reserves not available under the articles1311-€1,860€0---
Distributable reserves133-€34,310€36,170€36,170€49,065▲ 35.7%
Profit (loss) carried forward14---€23,113-€19,435€0▲ 100%
Amounts payable17/49€20,148€17,117€46,759€43,046€35,892▼ 16.6%
Amounts payable after more than one year17--€20,821€14,873€8,805▼ 40.8%
Financial debts170/4--€20,821€14,873€8,805▼ 40.8%
Amounts payable within one year42/48€20,148€17,117€25,939€28,173€27,087▼ 3.9%
Current portion of amounts payable after more than one year42--€5,831€5,948€6,068▲ 2.0%
Financial debts43-€72€1,972€829€623▼ 24.8%
Credit institutions430/8-€72€1,972€829€0▼ 100%
Other loans439----€623-
Trade debts44€818€610€4,585€1,196€1,724▲ 44.1%
Suppliers440/4-€610€4,585€1,196€1,724▲ 44.1%
Taxes, remuneration and social security45-€16,193€12,867€9,696€13,281▲ 37.0%
Taxes450/3-€16,193€12,867€9,696€13,281▲ 37.0%
Other amounts payable47/48-€243€683€10,504€5,392▼ 48.7%
Line20202021202220232024Change
Profit (loss) for the period9904€18,093€9,428-€23,113€3,678€32,330▲ 779%
+ Depreciation and write-downs630€3,927€2,352€1,010€686€456▼ 33.5%
Operating cash flow (approximation)€22,020€11,780-€22,103€4,364€32,787▲ 651%
Investment in fixed assets (approximation)-€0-€30,000€3,078-€8,168▼ 365%
Change in cash-€9,818€8,666€103-€25,068▼ 24,505%

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

Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €32,330 ▲779%
Operating result €41,336, net result €32,330, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €3,678
Net result €3,678 after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€23,113
Net result drops to -€23,113, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Hasselt · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,172 m²
Building footprint
153 m²
Volume, LiDAR
885 m³
Parcel 71322A0013/00L005, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BLINC
Hasseltse Beverzakstraat 191E, 3500 HasseltIT consultancy
since 20182.275.906.842
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0013/00L005 Flanders 1,172 m² 1 · 153 m² 8.7 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of BLINC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 5,514 EUR awarded · 5,514 EUR paid
Year Entries awardedpaid
2025 1 130 EUR130 EUR
2024 1 134 EUR134 EUR
2023 1 5,250 EUR5,250 EUR
Schemes
3 entries · 5,514 EUR · 5,514 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,606 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
Founded17-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0696592632
Also 9925:BE0696592632
Registered 28-09-2024

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.