BLOCKKEN
InactiveBLOCKKEN was declared bankrupt on 18-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 11-03-2025, published in the Belgian State Gazette on 18-03-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-03-2023, 222 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
222 d late
2020
290 d late
2019
655 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€332k▲ 10.2%
2020 · €301k
2018: €273k
2019: €284k
2020: €301k
2018 → 2021
Total assets
€385k▲ 4.7%
2020 · €368k
2018: €333k
2019: €350k
2020: €368k
2018 → 2021
Net result
€31k▲ 84.7%
2020 · €17k
2018: €8k
2019: €11k
2020: €17k
2018 → 2021
Working capital
€331k▲ 9.2%
2020 · €303k
2018: €274k
2019: €286k
2020: €303k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€273k-€284k▲ 4.1%€301k▲ 5.8%€332k▲ 10.2%
Operating result€7k-€-6k€9k€21k▲ 122%
Net result€8k-€11k▲ 37.2%€17k▲ 49.0%€31k▲ 84.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 122% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €385k
Fixed assets
€1k ▲ 11.8%
Current assets
€384k ▲ 4.7%
Equity and liabilities €385k
Equity
€332k ▲ 10.2%
Debt
€53k ▼ 20.2%
Debt's share of the balance-sheet total falls from 18.1% to 13.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k
Cash flow
€31k
Current ratio
7.22▲
2020 · 5.74
Debt to equity
0.16▼
2020 · 0.22
ROE
9.2%▲
2020 · 5.5%
ROA
8.0%▲
2020 · 4.5%
Interest coverage
71.51
Debt ≤ 1 year
€53k▼
2020 · €64k
Income taxes
€11k▼
2020 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 40 lines
Balance sheet
Code20202021
Assets
Total assets20/58€368k€385k▲
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27-€126
Plant, machinery and equipment23-€126
Financial fixed assets28€1k€1k=
Current assets29/58€367k€384k▲
Amounts receivable within one year40/41€366k€384k▲
Trade receivables40€27k€40k▲
Other amounts receivable41€339k€344k▲
Cash at bank and in hand54/58€577€90▼
Equity and liabilities
Total equity and liabilities10/49€368k€385k▲
Equity10/15€301k€332k▲
Contributions10/11€15k€15k=
Reserves13€258k€32k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€256k€31k▼
Profit (loss) carried forward14€28k€284k▲
Amounts payable17/49€67k€53k▼
Amounts payable within one year42/48€64k€53k▼
Trade debts44€16k€10k▼
Suppliers440/4€16k€10k▼
Taxes, remuneration and social security45€47k€43k▼
Taxes450/3€47k€43k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€63
Other operating charges640/8€4k€935▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€13k€23k▲
Operating profit (loss)9901€9k€21k▲
Financial income75/76B€33k€21k▼
Recurring financial income75€33k€21k▼
Financial charges65/66B€560€293▼
Recurring financial charges65€560€293▼
Profit (loss) for the period before taxes9903€41k€42k▲
Income taxes67/77€25k€11k▼
Profit (loss) for the period9904€17k€31k▲
Profit (loss) for the period to be appropriated9905€17k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€284k▲
Profit (loss) brought forward from the previous period14P€11k€253k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · BLOCKKEN BV HEUVELSTRAAT 1, 3850 NIEUWERKERKEN (LIMB.) · event 11-03-2025
2024
24-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · BLOCKKEN BV HEUVEL- STRAAT 1, 3850 NIEUWERKERKEN (LIMB.) · event 18-01-2024
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 222 days late
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 290 days late
17-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 655 days late
2021
31-12
Financial
Highest result since 2018net €31k ▲84.7%
Operating result €21k, net result €31k, both a record.
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 344 days late
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 286 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
05-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 66 days late
2014
03-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 95 days late
17-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 443 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIES DEWAEL ZOUTLEEUWSTRAAT 52, 3404 ATTEN-
HOVEN |
18-01-2024 → 11-03-2025 |