Summary
BLINK has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €888,724 and a net result of -€1,533. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2016 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2016 · tick = 2015
Profitability19▼-53
Solvency79▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2016Solvency, return and age of the figures
Solvency
54.4%
Return on assets
-0.1%
Age of the figures
117 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-03-2017, 124 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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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 Which other recognised service-voucher companies work in Torhout, and what do they charge?Service-voucher comparer 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 What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2016, abbreviated schema
Equity
€888,724▼ 4.6%
2015 · €931,881
Total assets
€1.6m▼ 2.6%
2015 · €1.7m
Net result
-€1,533
2015 · €48,057
Working capital
€1.2m▼ 1.8%
2015 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Operating result€18,402-€2,437▼ 86.8%-€3,084-€3,707▼ 20.2%-€42,562▼ 1,048%
Net result€73,683-€54,658▼ 25.8%€60,241▲ 10.2%€48,057▼ 20.2%-€1,533
Equity€768,925-€823,583▲ 7.1%€883,825▲ 7.3%€931,881▲ 5.4%€888,724▼ 4.6%
Total assets€1.6m-€1.6m=€1.6m▲ 2.4%€1.7m▲ 2.7%€1.6m▼ 2.6%
Debt€114,604-€60,229▼ 47.4%€37,694▼ 37.4%€33,782▼ 10.4%€44,027▲ 30.3%
Working capital€1.1m-€1.1m▼ 1.4%€1.2m▲ 8.1%€1.2m▲ 6.8%€1.2m▼ 1.8%
Staff (FTE)39.6-40.1▲ 1.3%41.5▲ 3.5%41.5=45.7▲ 10.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42,562 in 2016 against €3,707 in 2015; the loss grows and 2016 has the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €1.6m
Fixed assets
€383,022 ▼ 7.8%
Current assets
€1.3m ▼ 0.9%
Equity and liabilities €1.6m
Equity
€888,724 ▼ 4.6%
Provisions
€700,900 ▼ 1.5%
Debt
€44,027 ▲ 30.3%
Debt's share of the balance-sheet total rises from 2.0% to 2.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€17,609▼
2015 · €25,935
Cash flow
€23,420▼
2015 · €77,699
Current ratio
28.41▼
2015 · 37.36
Debt to equity
0.05▲
2015 · 0.04
ROE
-0.2%▼
2015 · 5.2%
ROA
-0.1%▼
2015 · 2.9%
Interest coverage
-43.27▼
2015 · 30.66
Debt ≤ 1 year
€44,027▲
2015 · €33,782
Staff costs
€1.2m▲
2015 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €957,361 | €948,813 | €1.1m | €1.2m | €1.2m | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €27,794 | €30,855 | €29,642 | €24,953 | ▼ 15.8% |
| Other operating charges640/8 | €2,411 | €2,634 | - | €2,398 | €1,035 | ▼ 56.8% |
| Gross operating margin9900 | €978,174 | €981,678 | €1.1m | €1.2m | €1.2m | ▲ 1.1% |
| Operating profit (loss)9901 | €18,402 | €2,437 | -€3,084 | -€3,707 | -€42,562 | ▼ 1,048% |
| Recurring financial income75 | €9,488 | €7,563 | €2,606 | €5,103 | €2,269 | ▼ 55.5% |
| Recurring financial charges65 | €54 | €862 | €476 | €846 | €407 | ▼ 51.9% |
| Profit (loss) for the period9904 | €73,683 | €54,658 | €60,241 | €48,057 | -€1,533 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | - | €54,658 | €60,241 | €48,057 | -€1,533 | ▼ 103% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.6m | €1.7m | €1.6m | ▼ 2.6% |
| Fixed assets21/28 | €401,312 | €471,259 | €444,986 | €415,344 | €383,022 | ▼ 7.8% |
| Tangible fixed assets22/27 | €401,312 | €471,259 | €444,986 | €415,344 | €383,022 | ▼ 7.8% |
| Land and buildings22 | - | €450,633 | €428,528 | €403,571 | €379,328 | ▼ 6.0% |
| Plant, machinery and equipment23 | - | €644 | - | - | - | - |
| Furniture and vehicles24 | €2,486 | €17,143 | €15,039 | €11,064 | €3,694 | ▼ 66.6% |
| Leasing and similar rights25 | - | €2,839 | €1,419 | €709 | - | - |
| Assets under construction and advance payments27 | €398,826 | - | - | - | - | - |
| Current assets29/58 | €1.2m | €1.1m | €1.2m | €1.3m | €1.3m | ▼ 0.9% |
| Stocks and contracts in progress3 | €149 | €1,131 | €333 | €726 | - | - |
| Stocks30/36 | €149 | €1,131 | €333 | €726 | - | - |
| Amounts receivable within one year40/41 | €53,579 | €85,340 | €74,432 | €86,242 | €62,710 | ▼ 27.3% |
| Trade receivables40 | €53,579 | €85,340 | €74,432 | €86,242 | €62,710 | ▼ 27.3% |
| Cash at bank and in hand54/58 | €1.1m | €1.0m | €1.1m | €1.2m | €1.2m | ▲ 0.9% |
| Deferred charges and accrued income490/1 | - | - | - | €15,969 | €18,475 | ▲ 15.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.6m | €1.7m | €1.6m | ▼ 2.6% |
| Equity10/15 | €768,925 | €823,583 | €883,825 | €931,881 | €888,724 | ▼ 4.6% |
| Contributions10/11 | €983,873 | €609,863 | €738,205 | €798,445 | €754,274 | ▼ 5.5% |
| Capital10 | €983,873 | €609,863 | €738,205 | €798,445 | €754,274 | ▼ 5.5% |
| Issued capital100 | €983,873 | €609,863 | €738,205 | €798,445 | €754,274 | ▼ 5.5% |
| Reserves13 | €85,379 | €85,379 | €85,379 | €85,379 | €135,983 | ▲ 59.3% |
| Profit (loss) carried forward14 | -€300,327 | €128,341 | €60,241 | €48,057 | -€1,533 | ▼ 103% |
| Provisions and deferred taxes16 | €711,649 | €711,650 | €711,649 | €711,650 | €700,900 | ▼ 1.5% |
| Provisions for liabilities and charges160/5 | €711,649 | €711,650 | €711,649 | €711,650 | €700,900 | ▼ 1.5% |
| Amounts payable17/49 | €114,604 | €60,229 | €37,694 | €33,782 | €44,027 | ▲ 30.3% |
| Amounts payable within one year42/48 | €114,604 | €60,229 | €37,694 | €33,782 | €44,027 | ▲ 30.3% |
| Trade debts44 | €60,251 | €3,885 | €572 | €1,976 | €21,005 | ▲ 963% |
| Suppliers440/4 | €60,251 | €3,885 | €572 | €1,976 | €21,005 | ▲ 963% |
| Taxes, remuneration and social security45 | €54,353 | €56,344 | €37,122 | €31,806 | €23,022 | ▼ 27.6% |
| Taxes450/3 | €54,353 | - | - | - | - | - |
| Remuneration and social security454/9 | - | €56,344 | €37,122 | €31,806 | €23,022 | ▼ 27.6% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73,683 | €54,658 | €60,241 | €48,057 | -€1,533 | ▼ 103% |
| + Depreciation and write-downs630 | - | €27,794 | €30,855 | €29,642 | €24,953 | ▼ 15.8% |
| Operating cash flow (approximation) | €73,683 | €82,452 | €91,096 | €77,699 | €23,420 | ▼ 69.9% |
| Investment in fixed assets (approximation) | - | -€97,741 | -€4,582 | €0 | €7,369 | - |
| Change in cash | - | -€102,406 | €75,685 | €45,615 | €10,412 | ▼ 77.2% |
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
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-12
Financial
Weakest financial yearnet -€1,533
Net result drops to -€1,533, the lowest in the series.
04-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
22-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
16-03
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
07-04
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
12-03
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
06-03
NBB filing
Annual accounts filed
fiscal year 2008 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Torhout · 1 establishment unit since 2006
Ground area
885 m²
Building footprint
710 m²
Parcel 31033K0181/00C005, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Blink
since 20062.155.051.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0181/00C005 | Flanders | 885 m² | 1 · 710 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 3,258,667 EUR awarded · 3,254,287 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 777,036 EUR | 775,051 EUR |
| 2024 | 3 | 803,795 EUR | 805,672 EUR |
| 2023 | 3 | 841,804 EUR | 840,149 EUR |
| 2022 | 3 | 836,032 EUR | 833,415 EUR |
Recognitions · licences · registrations
Recognised service-voucher company
1 live approval · 13 municipalitiesService area
Recognised service-voucher company
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Of 807 companies in sector 96910 we hold annual accounts for 617. 328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded31-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
96910Personal service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455222285
Also
9925:BE0455222285
Registered
17-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.