Blitha - Vereycken
ActiveSummary
Blitha - Vereycken has been active since 1947 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €690k and a net result of €108k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 56% of 150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+2
Solvency76▼-3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.89 in 2024; short-term debt: 39.2% and cash: 23.5% of total assets), and 49.2% 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 33
Relative position
BE, all sectors
reference
Sector 33
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
50.8%
Return on assets
8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €690k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
30 d early
2023
on the day
2022
25 d early
2021
30 d late
2020
2 d early
2019
18 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, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€108k▲ 51.3%
2024 · €72k
2018: €-26k
2019: €-26k
2020: €-110k
2021: €39k
2022: €122k
2023: €7k
2024: €72k
2018 → 2025
Working capital
€143k▼ 48.9%
2024 · €280k
2018: €446k
2019: €359k
2020: €359k
2021: €406k
2022: €348k
2023: €228k
2024: €280k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€596k-€718k▲ 20.5%€510k▼ 29.0%€582k▲ 14.0%€690k▲ 18.6%
Operating result€50k-€145k▲ 190%€28k▼ 80.7%€108k▲ 285%€167k▲ 55.5%
Net result€39k-€122k▲ 210%€7k▼ 94.1%€72k▲ 891%€108k▲ 51.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€683k ▲ 44.3%
Current assets
€674k ▲ 13.5%
Equity and liabilities €1.36M
Equity
€690k ▲ 18.6%
Debt
€668k ▲ 37.3%
Debt's share of the balance-sheet total rises from 45.5% to 49.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€368k▲
2024 · €282k
Cash flow
€309k▲
2024 · €246k
Current ratio
1.27▼
2024 · 1.89
Quick ratio
0.91▼
2024 · 1.31
Debt to equity
0.97▲
2024 · 0.84
ROE
15.7%▲
2024 · 12.3%
ROA
8.0%▲
2024 · 6.7%
Interest coverage
10.36▲
2024 · 9.94
Debt ≤ 1 year
€532k▲
2024 · €315k
Debt > 1 year
€136k▲
2024 · €96k
Income taxes
€23k▲
2024 · €8k
Staff costs
€358k▲
2024 · €324k
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€1.36M▲
Fixed assets21/28€473k€683k▲
Intangible fixed assets21€90k€147k▲
Tangible fixed assets22/27€377k€521k▲
Plant, machinery and equipment23€223k€426k▲
Furniture and vehicles24€154k€87k▼
Other tangible fixed assets26-€8k
Financial fixed assets28€7k€15k▲
Current assets29/58€594k€674k▲
Stocks and contracts in progress3€182k€193k▲
Stocks30/36€182k€193k▲
Amounts receivable within one year40/41€53k€116k▲
Trade receivables40€46k€102k▲
Other amounts receivable41€7k€13k▲
Current investments50/53€0-
Cash at bank and in hand54/58€340k€319k▼
Deferred charges and accrued income490/1€21k€47k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.36M▲
Equity10/15€582k€690k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€520k€628k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€503k€611k▲
Profit (loss) carried forward14€32€32=
Amounts payable17/49€486k€668k▲
Amounts payable after more than one year17€96k€136k▲
Financial debts170/4€96k€136k▲
Amounts payable within one year42/48€315k€532k▲
Current portion of amounts payable after more than one year42€73k€117k▲
Financial debts43€479€277▼
Credit institutions430/8€479€277▼
Trade debts44€128k€305k▲
Suppliers440/4€128k€305k▲
Advances received on contracts in progress46€17k€51k▲
Taxes, remuneration and social security45€96k€59k▼
Taxes450/3€40k€35k▼
Remuneration and social security454/9€55k€24k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€75k€0▼
Income statement
Code20242025
Non-recurring operating income76A€21k€0▼
Remuneration, social security and pensions62€324k€358k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€201k▲
Other operating charges640/8€9k€9k▼
Non-recurring operating charges66A€2k€31k▲
Gross operating margin9900€618k€767k▲
Operating profit (loss)9901€108k€167k▲
Financial income75/76B€28€29▲
Recurring financial income75€28€29▲
Financial charges65/66B€28k€36k▲
Recurring financial charges65€28k€36k▲
Profit (loss) for the period before taxes9903€79k€132k▲
Income taxes67/77€8k€23k▲
Profit (loss) for the period9904€72k€108k▲
Profit (loss) for the period to be appropriated9905€72k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€108k▲
Profit (loss) brought forward from the previous period14P€32€32=
Transfer to equity691/2€72k€108k▲
To other reserves6921€72k€108k▲
Social balance
Average headcount (FTE)90876.06.3▲
The notes to these accounts (23 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 6 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €122k ▲210%
Net result €122k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
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 1980
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.
Terbekehofdreef 392610 AntwerpenGround area
926 m²
Building footprint
169 m²
Volume, LiDAR
853 m³
Parcel 11463D0151/00C002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BLITHA NV
since 19802.018.471.218
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0151/00C002 | Flanders | 926 m² | 1 · 169 m² | 9.2 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
2024 · 1 entry · 1,440 EUR awarded · 1,440 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,440 EUR | 1,440 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.018.471.218
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BE 0836.606.786
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BE 0556.644.396
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AUTOMATEC
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ROMEC RENT
BE 0668.931.202
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MINETECH
BE 0833.207.234
Thimister-Clermont · Eq €700,146
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 821 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 formPublic limited company
Founded01-01-1947
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
93293Sports, amusement and recreation activities
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.