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BLK Connect

Active
Private limited companyfounded 20251 yr activeBergensesteenweg 423A, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 1023.213.111
Summary

The computed 12-month bankruptcy probability of BLK Connect is 2.0% (moderate). The 2025 annual accounts show equity of €44,829 and a net result of €42,829. Its solvency ranks better than 77% of 262 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency96
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 3.15; short-term debt: 29.1% and cash: 69% of total assets), and 29.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.9%
Return on assets
67.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
10 d early
← before the deadline after the deadline →
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

BLK Connect was incorporated on 12 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€44,829
Total assets
€63,224
Net result
€42,829
Working capital
€39,519

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €63,224
Fixed assets €5,310
Current assets €57,914
Equity and liabilities €63,224
Equity €44,829
Debt €18,395
Debt finances 29.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€54,875
Cash flow
€44,074
Current ratio
3.15
Debt to equity
0.41
ROE
95.5%
ROA
67.7%
Interest coverage
2328.16
Debt ≤ 1 year
€18,395
Income taxes
€10,777

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% 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 11,280 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 · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€63,224
Fixed assets21/28€5,310
Tangible fixed assets22/27€5,310
Furniture and vehicles24€5,310
Current assets29/58€57,914
Amounts receivable within one year40/41€14,258
Trade receivables40€11,420
Other amounts receivable41€2,838
Cash at bank and in hand54/58€43,655
Equity and liabilities
Total equity and liabilities10/49€63,224
Equity10/15€44,829
Contributions10/11€2,000
Profit (loss) carried forward14€42,829
Amounts payable17/49€18,395
Amounts payable within one year42/48€18,395
Trade debts44€2,357
Suppliers440/4€2,357
Advances received on contracts in progress46€1,232
Taxes, remuneration and social security45€14,806
Taxes450/3€14,806
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,245
Other operating charges640/8€257
Gross operating margin9900€55,131
Operating profit (loss)9901€53,630
Financial charges65/66B€24
Recurring financial charges65€24
Profit (loss) for the period before taxes9903€53,606
Income taxes67/77€10,777
Profit (loss) for the period9904€42,829
Profit (loss) for the period to be appropriated9905€42,829
Appropriation of the result
Profit (loss) to be appropriated9906€42,829

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,245
Other operating charges640/8€257
Gross operating margin9900€55,131
Operating profit (loss)9901€53,630
Financial charges65/66B€24
Recurring financial charges65€24
Profit (loss) for the period before taxes9903€53,606
Income taxes67/77€10,777
Profit (loss) for the period9904€42,829
Profit (loss) for the period to be appropriated9905€42,829
Line2025
Assets
Total assets20/58€63,224
Fixed assets21/28€5,310
Tangible fixed assets22/27€5,310
Furniture and vehicles24€5,310
Current assets29/58€57,914
Amounts receivable within one year40/41€14,258
Trade receivables40€11,420
Other amounts receivable41€2,838
Cash at bank and in hand54/58€43,655
Equity and liabilities
Total equity and liabilities10/49€63,224
Equity10/15€44,829
Contributions10/11€2,000
Profit (loss) carried forward14€42,829
Amounts payable17/49€18,395
Amounts payable within one year42/48€18,395
Trade debts44€2,357
Suppliers440/4€2,357
Advances received on contracts in progress46€1,232
Taxes, remuneration and social security45€14,806
Taxes450/3€14,806
Line2025
Profit (loss) for the period9904€42,829
+ Depreciation and write-downs630€1,245
Operating cash flow (approximation)€44,074

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
8,312 m²
Building footprint
1,971 m²
Volume, LiDAR
15,558 m³
Parcel 23582E0505/00E000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
111 companies at this address See who is registered here
1 establishment unit
BLK Connect
Bergensesteenweg 423A, 1600 Sint-Pieters-LeeuwConstruction of utility projects for electricity and telecommunications
since 20252.373.757.670
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23582E0505/00E000 Flanders 8,312 m² 1 · 1,971 m² 9.7 m · 3 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

Of 1,372 companies in sector 61100 we hold annual accounts for 590. 383 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
Founded12-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
42220Construction of utility projects for electricity and telecommunications
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49310Scheduled passenger transport by road
61200Telecommunications resale and intermediation services
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023213111
Registered 18-11-2025

Register as of 27 September 2026 · Peppol Directory

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