BLONDUYN
ActiveBLONDUYN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.01M and a net result of €176k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-32
Solvency100▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 11.86 against 2.4 in 2023), and 8.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.9%
Return on assets
8.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
30 d late
2022
31 d late
2021
61 d late
2020
2 d early
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.01M▲ 9.6%
2023 · €1.84M
2018: €1.68M
2019: €1.91M
2020: €2.13M
2021: €2.40M
2022: €2.68M
2023: €1.84M
2018 → 2024
Total assets
€2.19M▼ 29.6%
2023 · €3.11M
2018: €1.79M
2019: €2.04M
2020: €2.21M
2021: €2.64M
2022: €2.93M
2023: €3.11M
2018 → 2024
Net result
€176k▼ 37.0%
2023 · €280k
2018: €183k
2019: €228k
2020: €219k
2021: €352k
2022: €282k
2023: €280k
2018 → 2024
Working capital
€1.93M▲ 8.8%
2023 · €1.78M
2018: €1.62M
2019: €1.83M
2020: €2.06M
2021: €2.32M
2022: €2.61M
2023: €1.78M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.13M-€2.40M▲ 12.8%€2.68M▲ 11.7%€1.84M▼ 31.5%€2.01M▲ 9.6%
Operating result€286k-€308k▲ 7.9%€327k▲ 6.1%€338k▲ 3.3%€184k▼ 45.4%
Net result€219k-€352k▲ 60.6%€282k▼ 19.9%€280k▼ 0.7%€176k▼ 37.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.19M
Fixed assets
€78k▲ 23.2%
Current assets
€2.11M▼ 30.6%
Equity and liabilities €2.19M
Equity
€2.01M▲ 9.6%
Debt
€178k▼ 86.0%
The debt ratio falls from 41.0% to 8.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€199k▼
2023 · €348k
Cash flow
€191k▼
2023 · €290k
Solvency
91.9%▲
2023 · 59.0%
Current ratio
11.86▲
2023 · 2.40
Quick ratio
7.07▲
2023 · 1.69
Debt / equity
0.09▼
2023 · 0.69
ROE
8.8%▼
2023 · 15.2%
ROA
8.1%▼
2023 · 9.0%
Interest coverage
15.43▼
2023 · 73.61
Debt
€178k▼
2023 · €1.27M
Debt ≤ 1 year
€178k▼
2023 · €1.27M
Income taxes
€50k▼
2023 · €90k
Staff costs
€135k▲
2023 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.11M€2.19M▼
Fixed assets21/28€63k€78k▲
Tangible fixed assets22/27€33k€47k▲
Land and buildings22€22k€16k▼
Plant, machinery and equipment23€4k€14k▲
Furniture and vehicles24€7k€17k▲
Financial fixed assets28€31k€31k▲
Current assets29/58€3.05M€2.11M▼
Stocks and contracts in progress3€897k€852k▼
Stocks30/36€897k€852k▼
Amounts receivable within one year40/41€173k€213k▲
Trade receivables40€115k€92k▼
Other amounts receivable41€57k€120k▲
Current investments50/53€1.71M€848k▼
Cash at bank and in hand54/58€263k€200k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.11M€2.19M▼
Equity10/15€1.84M€2.01M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€932k€1.04M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€295k€295k=
Distributable reserves133€631k€736k▲
Profit (loss) carried forward14€842k€913k▲
Amounts payable17/49€1.27M€178k▼
Amounts payable within one year42/48€1.27M€178k▼
Trade debts44€65k€49k▼
Suppliers440/4€65k€49k▼
Taxes, remuneration and social security45€77k€68k▼
Taxes450/3€54k€44k▼
Remuneration and social security454/9€24k€23k▼
Other amounts payable47/48€1.13M€62k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€130k€135k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€19k€20k▲
Gross operating margin9900€497k€354k▼
Operating profit (loss)9901€338k€184k▼
Financial income75/76B€37k€54k▲
Recurring financial income75€37k€54k▲
Financial charges65/66B€5k€13k▲
Recurring financial charges65€5k€13k▲
Profit (loss) for the period before taxes9903€370k€226k▼
Income taxes67/77€90k€50k▼
Profit (loss) for the period9904€280k€176k▼
Transfer from tax-exempt reserves789€68k€105k▲
Transfer to tax-exempt reserves689€0€105k▲
Profit (loss) for the period to be appropriated9905€347k€176k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.03M€1.02M▼
Profit (loss) brought forward from the previous period14P€1.69M€842k▼
Transfer to equity691/2€68k€105k▲
To other reserves6921€68k€105k▲
Profit to be distributed694/7€1.13M€0▼
Return on contributions (dividend)694€1.13M€0▼
Social balance
Average headcount (FTE)90872.62.6=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €176k ▼37%
Net result drops to €176k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 11.86
Current ratio from 2.40 to 11.86; short-term debt falls from €1.27M to €178k.
31-12
Financial
Equity above €2MEq €2.01M ▲9.6%
7 profitable years in a row build equity to €2.01M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €352k ▲60.6%
Net result €352k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.13M ▲11.5%
3 profitable years in a row build equity to €2.13M.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 83 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 70 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 43 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Beernem · 1 establishment unit since 1993
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.
Sijselestraat 488730 BeernemGround area
6,898 m²
Building footprint
156 m²
Volume, LiDAR
840 m³
Parcel 31021A0901/00B000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUINHOBBY-ST-MARIE
since 19932.044.988.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021A0901/00B000 | Flanders | 6,898 m² | 1 · 156 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 2024 · 4 entries · 19,197 EUR awarded · 19,197 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 2,851 EUR | 2,851 EUR |
| 2023 | 1 | 9,338 EUR | 9,338 EUR |
| 2022 | 1 | 7,008 EUR | 7,008 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeernem2.044.988.147
Legal Entity Identifier
967600698CONZBE8QT66
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Of 673 companies in sector 46494 we hold annual accounts for 527. 321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-09-1989
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
47521Retail sale of hardware, building materials, paint and glass (general range)
51441
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.