Equity
BLLACA has made a profit without a break since 2022.
The dashed line is the sector median: 2.6% across 916 companies (NACE 53, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro). It does better than 54% of them on solvency, 69% on liquidity, 71% on profitability and 80% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as BLLACA has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BLLACA itself is higher: 4.0% within 12 months. It rests on far more data about BLLACA than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for BLLACA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.02 (0.65 in 2023), below the usual 1.5. Short-term debt is 52.4% and cash 25.1% of total assets. 63% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 11 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BLLACA Vilvoorde | - | - | 37.0% | - |
| TM COMPANY Uccle | €181,615 | 11.1% | 51.5% | - |
| Transdeligence & CO Anderlecht | - | - | 23.7% | - |
| YAN MULTISERVICES Vilvoorde | - | - | 14.8% | - |
| H&C Renting Ostend | - | - | -142.7% | - |
| VIVAZTEAM Denderleeuw | €95,863 | 10.6% | 55.5% | - |
| AYRDAN Brussels | - | - | 12.2% | - |
These companies have the same main activity as BLLACA: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €77,100 and €96,300, founded between 2018 and 2020.
BLLACA files the micro format. That format states no turnover. The gross margin rose from €3,935 in 2019 to €27,098 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €65,000 and €200,000.
Higher than 53% of 725 companies in 2024.
Higher than 38% of 699 companies in 2024.
Higher than 64% of 702 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
73,556 | 82,309 | 57,682 | 42,696 | 49,363 | 22,247 | |
21/28 |
34,240 | 47,285 | 28,964 | 26,215 | 31,338 | 11,941 | |
22/27 |
34,240 | 47,285 | 28,964 | 26,215 | 31,338 | 11,941 | |
24 |
34,240 | 47,285 | 28,964 | 26,215 | 31,338 | 11,941 | |
29/58 |
39,316 | 35,024 | 28,718 | 16,481 | 18,024 | 10,306 | |
40/41 |
20,850 | 17,863 | 18,259 | 13,979 | 14,175 | 7,198 | |
40 |
18,850 | 15,863 | 17,471 | 13,258 | 13,684 | 6,836 | |
41 |
2,000 | 2,000 | 788 | 721 | 491 | 362 | |
54/58 |
18,466 | 15,961 | 8,912 | 2,502 | 3,849 | 2,766 | |
490/1 |
- | 1,200 | 1,547 | - | - | 342 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
73,556 | 82,309 | 57,682 | 42,696 | 49,363 | 22,247 | |
10/15 |
27,249 | 18,329 | 5,674 | 3,294 | 9,238 | 6,576 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | 12,400 | |
13 |
19 | 19 | 19 | 19 | 19 | 19 | |
130/1 |
19 | 19 | 19 | 19 | 19 | - | |
130 |
- | - | - | - | - | 19 | |
1311 |
19 | 19 | 19 | 19 | 19 | - | |
14 |
21,030 | 12,110 | -545 | -2,925 | 3,019 | 357 | |
17/49 |
46,307 | 63,980 | 52,008 | 39,403 | 40,125 | 15,671 | |
17 |
7,734 | 9,635 | 8,840 | 10,318 | 16,242 | - | |
170/4 |
7,734 | 9,635 | 8,840 | 10,318 | 16,242 | - | |
42/48 |
38,529 | 54,285 | 43,159 | 29,084 | 23,882 | 15,671 | |
42 |
5,256 | 19,012 | 13,985 | 8,048 | 6,794 | - | |
44 |
1,368 | 1,721 | 8,880 | 8,798 | 917 | 715 | |
440/4 |
1,368 | 1,721 | 8,880 | 8,798 | 917 | 715 | |
45 |
8,493 | 8,189 | 3,940 | 3,370 | 4,822 | 1,333 | |
450/3 |
8,493 | 8,189 | 3,940 | 3,370 | 4,822 | 133 | |
454/9 |
- | - | - | - | - | 1,200 | |
47/48 |
23,411 | 25,363 | 16,354 | 8,868 | 11,350 | 13,624 | |
492/3 |
44 | 60 | 9 | - | - | - | |
| Income statement | |||||||
76A |
- | 6,106 | - | - | - | - | |
9900 |
27,098 | 29,373 | 15,914 | 4,081 | 13,494 | 3,935 | |
630 |
13,045 | 9,816 | 11,502 | 8,874 | 8,581 | 2,985 | |
640/8 |
900 | 509 | 473 | 125 | 443 | 430 | |
66A |
- | 1,498 | - | - | - | - | |
9901 |
13,154 | 17,550 | 3,940 | -4,919 | 4,470 | 519 | |
75/76B |
154 | 137 | 0 | 3 | - | - | |
75 |
154 | 137 | 0 | 3 | - | - | |
65/66B |
1,549 | 1,894 | 1,440 | 919 | 851 | 11 | |
65 |
1,549 | 1,894 | 1,440 | 919 | 851 | 11 | |
9903 |
11,758 | 15,792 | 2,499 | -5,834 | 3,619 | 508 | |
67/77 |
2,838 | 3,137 | 120 | 110 | 957 | 133 | |
9904 |
8,920 | 12,655 | 2,380 | -5,944 | 2,662 | 376 | |
9905 |
8,920 | 12,655 | 2,380 | -5,944 | 2,662 | 376 | |
| Appropriation of the result | |||||||
9906 |
21,030 | 12,110 | -545 | -2,925 | 3,019 | 376 | |
14P |
12,110 | -545 | -2,925 | 3,019 | - | - | |
691/2 |
- | - | - | - | - | 19 | |
6920 |
- | - | - | - | - | 19 | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 27-08-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 27-08-2025 | 2025-00412680 | |
| 31-12-2023 | micro format | 28-07-2024 | 2024-00296398 | |
| 31-12-2022 | micro format | 09-07-2023 | 2023-00230042 | |
| 31-12-2021 | micro format | 13-08-2022 | 2022-20287276 | |
| 31-12-2020 | micro format | 22-08-2021 | 2021-52100525 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-44800447 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| 26,198 | 27,366 | 15,441 | 3,956 | 13,051 | 3,504 | ||
| 21,965 | 22,471 | 13,881 | 2,930 | 11,243 | 3,361 | ||
| 0 | 41,454 | 14,250 | 3,751 | 27,978 | 14,926 | ||
| 2,505 | 7,049 | 6,410 | -1,347 | 1,084 | - | ||
| 787 | -19,261 | -14,441 | -12,603 | -5,858 | -5,365 | ||
| 37.0% | 22.3% | 9.8% | 7.7% | 18.7% | 29.6% | ||
| 1.02 | 0.65 | 0.67 | 0.57 | 0.75 | 0.66 | ||
| 1.70 | 3.49 | 9.17 | 11.96 | 4.34 | 2.38 | ||
| 32.7% | 69.0% | 41.9% | -180.5% | 28.8% | 5.7% | ||
| 12.1% | 15.4% | 4.1% | -13.9% | 5.4% | 1.7% | ||
| 16.91 | 14.45 | 10.72 | 4.31 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €41,454 | €14,250 | €3,751 |
| €13,045 | €9,816 | €11,502 | €8,874 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 25% lower than in 2023.
Debt's share of the balance-sheet total falls from 77.7% to 63.0%. Equity is higher and debt is lower.
BLLACA has no parent and no holdings in its annual accounts. ISLAMI ARDIAN is the only director. BLLACA shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Heembeekstraat 33 registered office 1800 Vilvoorde | ||
| Oude Vijversstraat 55 1190 Forest | 01-04-2019 | 2.287.199.028 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 |
| 23088A0069/00B004 | Flanders | 147 m² | 1 · 73 m² | 11.7 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0722.938.030
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