BLADI
ActiveSummary
The computed 12-month bankruptcy probability of BLADI is 1.8% (moderate). The 2025 annual accounts show equity of €52k and a net result of €36k. Equity is growing by ~156.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 18280 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
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+16
Solvency38▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.93 against 2.32 in 2024; short-term debt: 87.4% and cash: 5.4% of total assets), and 87.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
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
12.6%
Return on assets
8.8%
Age of the figures
9 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 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
28 d early
2024
26 d late
2023
22 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▲ 238%
2024 · €15k
2023: €4k
2024: €15k
2023 → 2025
Total assets
€411k▼ 14.0%
2024 · €478k
2023: €159k
2024: €478k
2023 → 2025
Net result
€36k▲ 215%
2024 · €12k
2023: €-6k
2024: €12k
2023 → 2025
Working capital
€-25k
2024 · €243k
2023: €-38k
2024: €243k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€4k-€15k▲ 306%€52k▲ 238%
Operating result€-5k-€21k€57k▲ 177%
Net result€-6k-€12k€36k▲ 215%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 177% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411k
Fixed assets
€76k ▲ 45.2%
Current assets
€335k ▼ 21.3%
Equity and liabilities €411k
Equity
€52k ▲ 238%
Debt
€360k ▼ 22.3%
Debt's share of the balance-sheet total falls from 96.8% to 87.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▲
2024 · €28k
Cash flow
€43k▲
2024 · €19k
Current ratio
0.93▼
2024 · 2.32
Quick ratio
0.16▼
2024 · 1.04
Debt to equity
6.95▼
2024 · 30.23
ROE
70.4%▼
2024 · 75.4%
ROA
8.8%▲
2024 · 2.4%
Interest coverage
4.16▲
2024 · 3.13
Debt ≤ 1 year
€360k▲
2024 · €183k
Income taxes
€10k▲
2024 · €1k
Staff costs
€721▼
2024 · €11k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€478k€411k▼
Fixed assets21/28€53k€76k▲
Tangible fixed assets22/27€39k€61k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€32k€52k▲
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€14k€15k▲
Current assets29/58€426k€335k▼
Stocks and contracts in progress3€235k€276k▲
Stocks30/36€235k€276k▲
Amounts receivable within one year40/41€173k€37k▼
Trade receivables40€172k€37k▼
Other amounts receivable41€252-
Cash at bank and in hand54/58€18k€22k▲
Equity and liabilities
Total equity and liabilities10/49€478k€411k▼
Equity10/15€15k€52k▲
Contributions10/11€10k€10k=
Reserves13€5k€42k▲
Distributable reserves133€5k€42k▲
Amounts payable17/49€463k€360k▼
Amounts payable after more than one year17€280k-
Financial debts170/4€280k-
Amounts payable within one year42/48€183k€360k▲
Trade debts44€156k€28k▼
Suppliers440/4€156k€28k▼
Taxes, remuneration and social security45€20k€51k▲
Taxes450/3€7k€34k▲
Remuneration and social security454/9€13k€17k▲
Other amounts payable47/48€7k€281k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€11k€721▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€298€6k▲
Gross operating margin9900€39k€71k▲
Operating profit (loss)9901€21k€57k▲
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Financial charges65/66B€9k€15k▲
Recurring financial charges65€9k€15k▲
Profit (loss) for the period before taxes9903€13k€46k▲
Income taxes67/77€1k€10k▲
Profit (loss) for the period9904€12k€36k▲
Profit (loss) for the period to be appropriated9905€12k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€36k▲
Profit (loss) brought forward from the previous period14P€-6k-
Transfer to equity691/2€5k€36k▲
To other reserves6921€5k€36k▲
The notes to these accounts (11 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €36k ▲215%
Operating result €57k, net result €36k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.32
Current ratio from 0.76 to 2.32.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 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.
Boomsesteenweg 9472610 AntwerpenGround area
2,642 m²
Building footprint
679 m²
Parcel 11463D0464/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
BLADI B.V.
since 20222.331.585.733
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0464/00R000 | Flanders | 2,642 m² | 1 · 679 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
WAOH
BE 0685.941.042
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SOCODEL
BE 0440.739.789
Manage · Eq €51,831
REF TRADING
BE 0887.753.205
Zemst · Eq €52,063
ETIENNE HOME
BE 0839.014.762
Brasschaat · Eq €52,365
NEW DECOR
BE 0430.328.523
Aiseau-Presles · Eq €51,073
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,206 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
Founded24-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46411Wholesale trade
47551Retail sale of household furniture
46150Agents in the wholesale of furniture, household goods and hardware
46471Wholesale trade
46472Wholesale trade
47525Retail trade
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.