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BLOKS

Active
Private limited companyfounded 20233 yrs activeHasseltstraat 12, 3990 Peer, BelgiumKBO/BCE: BE 0801.875.739
Summary

The computed 12-month bankruptcy probability of BLOKS is 4.3% (elevated). The 2024 annual accounts show equity of €18,570 and a net result of -€11,430. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability11
Solvency34
Growth-
Track record79
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.23; short-term debt: 4.2% and cash: 5.2% of total assets), and 90.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
9.5%
Return on assets
-5.8%
Age of the figures
21 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 16-06-2026, 45 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
45 d early
2024
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 2023, BLOKS was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2024, micro schema

Equity
€18,570
Total assets
€195,871
Net result
-€11,430
Working capital
€1,913

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

Balance-sheet composition
Assets €195,871
Fixed assets €185,656
Current assets €10,215
Equity and liabilities €195,871
Equity €18,570
Debt €177,301
Debt finances 90.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€772
Cash flow
-€6,261
Current ratio
1.23
Debt to equity
9.55
ROE
-61.6%
ROA
-5.8%
Interest coverage
-0.14
Debt ≤ 1 year
€8,302
Debt > 1 year
€168,511

Peer companies

Historical observation

Of the 1,303 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.5% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.3% over twelve months; the group does not contradict it.

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 1,303 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 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€195,871
Fixed assets21/28€185,656
Tangible fixed assets22/27€185,656
Land and buildings22€185,656
Current assets29/58€10,215
Cash at bank and in hand54/58€10,215
Equity and liabilities
Total equity and liabilities10/49€195,871
Equity10/15€18,570
Contributions10/11€30,000
Profit (loss) carried forward14-€11,430
Amounts payable17/49€177,301
Amounts payable after more than one year17€168,511
Financial debts170/4€168,511
Amounts payable within one year42/48€8,302
Current portion of amounts payable after more than one year42€5,865
Other amounts payable47/48€2,437
Accrued charges and deferred income492/3€488
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,169
Other operating charges640/8€1,777
Gross operating margin9900€1,005
Operating profit (loss)9901-€5,942
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€5,489
Recurring financial charges65€5,489
Profit (loss) for the period before taxes9903-€11,430
Profit (loss) for the period9904-€11,430
Profit (loss) for the period to be appropriated9905-€11,430
Appropriation of the result
Profit (loss) to be appropriated9906-€11,430

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,169
Other operating charges640/8€1,777
Gross operating margin9900€1,005
Operating profit (loss)9901-€5,942
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€5,489
Recurring financial charges65€5,489
Profit (loss) for the period before taxes9903-€11,430
Profit (loss) for the period9904-€11,430
Profit (loss) for the period to be appropriated9905-€11,430
Line2024
Assets
Total assets20/58€195,871
Fixed assets21/28€185,656
Tangible fixed assets22/27€185,656
Land and buildings22€185,656
Current assets29/58€10,215
Cash at bank and in hand54/58€10,215
Equity and liabilities
Total equity and liabilities10/49€195,871
Equity10/15€18,570
Contributions10/11€30,000
Profit (loss) carried forward14-€11,430
Amounts payable17/49€177,301
Amounts payable after more than one year17€168,511
Financial debts170/4€168,511
Amounts payable within one year42/48€8,302
Current portion of amounts payable after more than one year42€5,865
Other amounts payable47/48€2,437
Accrued charges and deferred income492/3€488
Line2024
Profit (loss) for the period9904-€11,430
+ Depreciation and write-downs630€5,169
Operating cash flow (approximation)-€6,261

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Peer · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
608 m²
Building footprint
90 m²
Parcel 72030B0745/00L002, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BLOKS
Hasseltstraat 12, 3990 PeerReal estate activities
since 20232.345.096.447
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72030B0745/00L002 Flanders 608 m² 1 · 90 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-05-2023
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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