BLTF
ActiveSummary
The computed 12-month bankruptcy probability of BLTF is 7.7% (elevated). The 2025 annual accounts show negative equity (€-34k) and a net result of €-6k. Equity is shrinking by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 7777 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.24 in 2024; short-term debt: 591.5% and cash: 26.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-491.5%
Return on assets
-79.5%
Age of the figures
9 mo
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 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-34k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 6 filingsDeviation from the deadline
2025
24 d late
2024
25 d late
2023
2 d early
2022
32 d early
2021
18 d early
2020
26 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▼ 72.3%
2024 · €-3k
2020: €3k
2021: €4k
2022: €-4k
2023: €-29k
2024: €-3k
2020 → 2025
Working capital
€-38k▼ 7.4%
2024 · €-36k
2020: €4k
2021: €6k
2022: €-6k
2023: €-32k
2024: €-36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€4k▼ 51.5%€-26k€-29k▼ 12.6%€-34k▼ 19.3%
Operating result€5k-€-4k€-29k▼ 561%€-3k▲ 89.3%€-5k▼ 71.6%
Net result€4k-€-4k€-29k▼ 605%€-3k▲ 89.1%€-6k▼ 72.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7k
Fixed assets
€4k ▼ 41.2%
Current assets
€3k ▼ 74.3%
Key figures and ratios
EBITDA
€-819▼
2024 · €1k
Cash flow
€-975▼
2024 · €1k
Solvency
-491.5%▼
2024 · -159.1%
Current ratio
0.07▼
2024 · 0.24
Debt to equity
-1.20▲
2024 · -1.63
ROA
-79.5%▼
2024 · -17.8%
Interest coverage
-5.26▼
2024 · 15.21
Debt
€41k▼
2024 · €47k
Debt ≤ 1 year
€41k▼
2024 · €47k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€7k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€3k-
Current assets29/58€11k€3k▼
Amounts receivable within one year40/41€10k€977▼
Trade receivables40€10k-
Other amounts receivable41€324€977▲
Cash at bank and in hand54/58€751€2k▲
Equity and liabilities
Total equity and liabilities10/49€18k€7k▼
Equity10/15€-29k€-34k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-30k€-35k▼
Amounts payable17/49€47k€41k▼
Amounts payable within one year42/48€47k€41k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€669€669=
Remuneration and social security454/9€669€669=
Other amounts payable47/48€45k€39k▼
Income statement
Code20242025
Non-recurring operating income76A€631-
Remuneration, social security and pensions62€18k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€926-
Non-recurring operating charges66A€390-
Gross operating margin9900€21k€-819▼
Operating profit (loss)9901€-3k€-5k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€78€156▲
Recurring financial charges65€78€156▲
Profit (loss) for the period before taxes9903€-3k€-6k▼
Profit (loss) for the period9904€-3k€-6k▼
Profit (loss) for the period to be appropriated9905€-3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-35k▼
Profit (loss) brought forward from the previous period14P€-27k€-30k▼
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2020net €4k ▲4.1%
Operating result €5k, net result €4k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
Financial 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.
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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
Registered office, Ukkel · 1 establishment unit since 2019
Ground area
178 m²
Parcel 21016B0040/00D018, Brussels. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
BLTF
since 20192.292.314.292
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0040/00D018 | Brussels | 178 m² | - | - |
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.
Similar companies · same sector, comparable size
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L'ART DU TOIT M-L-D SRL
BE 0742.770.471
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DANNY POUDERS
BE 0836.987.363
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ANASS TOITURES
BE 0753.911.120
Estinnes · Eq €4,000
Of 8,566 companies in sector 43410 we hold annual accounts for 4,363. 1,229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
16230Manufacture of other builders' carpentry and joinery
43230Insulation installation
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:contact@bltf.be
Phone:+32497498888