STEVEN BLANCHAERT
ActiveThe computed 12-month bankruptcy probability of STEVEN BLANCHAERT is 2.4% (moderate). The 2025 annual accounts show equity of €23k and a net result of €815. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-32
Solvency47=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.17 in 2024; short-term debt: 58.7% and cash: 32% of total assets), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.4%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
29 d late
2022
61 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 3.7%
2024 · €22k
2022: €14k
2023: €14k
2024: €22k
2022 → 2025
Total assets
€102k=
2024 · €102k
2022: €21k
2023: €28k
2024: €102k
2022 → 2025
Net result
€815▼ 90.3%
2024 · €8k
2022: €4k
2023: €132
2024: €8k
2022 → 2025
Working capital
€13k▲ 37.0%
2024 · €9k
2022: €6k
2023: €10k
2024: €9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€14k▲ 1.0%€22k▲ 61.3%€23k▲ 3.7%
Operating result€5k-€667▼ 86.6%€14k▲ 1,956%€6k▼ 55.5%
Net result€4k-€132▼ 96.2%€8k▲ 6,231%€815▼ 90.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€29k▼ 19.0%
Current assets
€73k▲ 10.4%
Equity and liabilities €102k
Equity
€23k▲ 3.7%
Debt
€79k▼ 1.0%
The debt ratio falls from 78.3% to 77.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €21k
Cash flow
€10k▼
2024 · €16k
Solvency
22.4%▲
2024 · 21.7%
Current ratio
1.22▲
2024 · 1.17
Quick ratio
1.22▲
2024 · 1.17
Debt / equity
3.45▼
2024 · 3.62
ROE
3.6%▼
2024 · 38.0%
ROA
0.8%▼
2024 · 8.2%
Interest coverage
3.27▼
2024 · 8.08
Debt
€79k▼
2024 · €80k
Debt ≤ 1 year
€60k▲
2024 · €56k
Debt > 1 year
€16k▼
2024 · €22k
Income taxes
€615▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€102k=
Fixed assets21/28€36k€29k▼
Tangible fixed assets22/27€36k€29k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€32k€24k▼
Current assets29/58€66k€73k▲
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€12k€9k▼
Cash at bank and in hand54/58€18k€33k▲
Deferred charges and accrued income490/1€35k€31k▼
Equity and liabilities
Total equity and liabilities10/49€102k€102k=
Equity10/15€22k€23k▲
Contributions10/11€10k€10k=
Reserves13€12k€13k▲
Distributable reserves133€12k€13k▲
Amounts payable17/49€80k€79k▼
Amounts payable after more than one year17€22k€16k▼
Financial debts170/4€22k€16k▼
Amounts payable within one year42/48€56k€60k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Advances received on contracts in progress46€20-
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€40k€46k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€324€730▲
Gross operating margin9900€21k€16k▼
Operating profit (loss)9901€14k€6k▼
Financial income75/76B€13€3▼
Recurring financial income75€13€3▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€11k€1k▼
Income taxes67/77€3k€615▼
Profit (loss) for the period9904€8k€815▼
Profit (loss) for the period to be appropriated9905€8k€815▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€815▼
Transfer to equity691/2€8k€815▼
To other reserves6921€8k€815▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2022net €8k ▲6231%
Operating result €14k, net result €8k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €132 ▼96.2%
Net result drops to €132, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Deinze · 1 establishment unit since 2022
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.
Groenevelddreef 69800 DeinzeGround area
864 m²
Building footprint
122 m²
Volume, LiDAR
553 m³
Parcel 44006B0379/00L000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STEVEN BLANCHAERT
since 20222.332.625.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006B0379/00L000 | Flanders | 864 m² | 1 · 122 m² | 6.2 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.
Similar companies · same sector, comparable size
DS FENETRE
BE 1006.169.815
Vilvoorde · Eq €23k
DE RIDDER CHASSIS
BE 0801.563.161
Charleroi · Eq €23k
DU METRE AU VERRE
BE 0758.944.826
Soignies · Eq €22k
MB Ramen Construct
BE 0805.783.156
Opwijk · Eq €24k
Color-Fix
BE 1031.615.388
Hasselt · Eq €22k
Of 489 companies in sector 43343 we hold annual accounts for 294. 156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2022
Fiscal year end31-12
Activities, NACEBEL
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.