BLANCKAERT PROJECTS
ActiveSummary
BLANCKAERT PROJECTS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €343k and a net result of €47k. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency91▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 8.75 against 2.07 in 2024; short-term debt: 6.8% and cash: 21.2% of total assets), and 34.4% of the assets are financed with debt.
Credit advice 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
65.6%
Return on assets
8.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
12 d late
2024
on the day
2023
on the day
2022
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€343k▲ 15.7%
2024 · €296k
2022: €67k
2023: €79k
2024: €296k
2022 → 2025
Total assets
€523k▼ 24.5%
2024 · €692k
2022: €1.50M
2023: €1.44M
2024: €692k
2022 → 2025
Net result
€47k▼ 78.6%
2024 · €218k
2022: €4k
2023: €12k
2024: €218k
2022 → 2025
Working capital
€275k▼ 18.4%
2024 · €337k
2022: €924k
2023: €1.08M
2024: €337k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€67k-€79k▲ 18.3%€296k▲ 276%€343k▲ 15.7%
Operating result€74k-€92k▲ 23.8%€330k▲ 259%€61k▼ 81.5%
Net result€4k-€12k▲ 186%€218k▲ 1,679%€47k▼ 78.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €523k
Fixed assets
€212k ▲ 432%
Current assets
€310k ▼ 52.4%
Equity and liabilities €523k
Equity
€343k ▲ 15.7%
Debt
€180k ▼ 54.6%
Debt's share of the balance-sheet total falls from 57.1% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▼
2024 · €343k
Cash flow
€86k▼
2024 · €230k
Current ratio
8.75▲
2024 · 2.07
Quick ratio
4.17▲
2024 · 1.96
Debt to equity
0.52▼
2024 · 1.33
ROE
13.6%▼
2024 · 73.4%
ROA
8.9%▼
2024 · 31.4%
Interest coverage
61.39▲
2024 · 6.77
Debt ≤ 1 year
€35k▼
2024 · €315k
Debt > 1 year
€144k▲
2024 · €17k
Income taxes
€16k▼
2024 · €66k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€692k€523k▼
Fixed assets21/28€40k€212k▲
Tangible fixed assets22/27€40k€212k▲
Land and buildings22-€183k
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€30k€22k▼
Financial fixed assets28-€20
Current assets29/58€652k€310k▼
Stocks and contracts in progress3€34k€162k▲
Stocks30/36€34k€34k=
Contracts in progress37€0€128k▲
Amounts receivable within one year40/41€22k€37k▲
Trade receivables40€22k€33k▲
Other amounts receivable41€21€5k▲
Current investments50/53€221k€0▼
Cash at bank and in hand54/58€375k€111k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€692k€523k▼
Equity10/15€296k€343k▲
Contributions10/11€62k€62k=
Profit (loss) carried forward14€234k€281k▲
Amounts payable17/49€395k€180k▼
Amounts payable after more than one year17€17k€144k▲
Financial debts170/4€17k€144k▲
Amounts payable within one year42/48€315k€35k▼
Current portion of amounts payable after more than one year42€11k€19k▲
Trade debts44€25k€12k▼
Suppliers440/4€25k€12k▼
Taxes, remuneration and social security45€88k€4k▼
Taxes450/3€88k€4k▼
Other amounts payable47/48€191k€30▼
Accrued charges and deferred income492/3€63k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€39k▲
Other operating charges640/8€8k€15k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€351k€115k▼
Operating profit (loss)9901€330k€61k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€51k€2k▼
Recurring financial charges65€51k€2k▼
Profit (loss) for the period before taxes9903€284k€62k▼
Income taxes67/77€66k€16k▼
Profit (loss) for the period9904€218k€47k▼
Profit (loss) for the period to be appropriated9905€218k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€234k€281k▲
Profit (loss) brought forward from the previous period14P€17k€234k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 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
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
30-06
Financial
Liquidity quadruplescurrent ratio 8.75
Current ratio from 2.07 to 8.75; short-term debt falls from €315k to €35k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2022net €218k ▲1679%
Operating result €330k, net result €218k, both a record.
30-06
Financial
Equity above €200kEq €296k ▲276%
3 profitable years in a row build equity to €296k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Zonnebeke · 1 establishment unit since 2021
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.
Zandvoordestraat 118980 ZonnebekeGround area
1,293 m²
Building footprint
249 m²
Volume, LiDAR
1,169 m³
Parcel 33008B0308/00A003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BLANCKAERT PROJECTS
since 20212.317.270.216
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33008B0308/00A003 | Flanders | 1,293 m² | 1 · 249 m² | 8.1 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 2023 · 2 entries · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 75 EUR |
| 2022 | 1 | 75 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
A.R.K.E.
BE 0437.117.137
Aalter · Eq €343,002
LVb Concepts
BE 0882.667.138
Moorslede · Eq €343,793
Willems Woonprojecten
BE 0637.731.151
Kortenaken · Eq €343,978
LOUISE FREEHOLD
BE 0568.819.678
Ieper · Eq €344,174
ER² INVESTMENTS
BE 0822.390.249
Hasselt · Eq €341,618
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,072 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
Founded12-05-2021
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
43211General electrical installation work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.