ACTIVE

BLORO

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Financial year 2025 · closed on 31/12/2025

Net result

108,5 k €

+31.3% YoY

Gross margin

241,2 k €

-22.6% YoY

Equity

412,2 k €

+14.7% YoY

Workforce

1,5 ETP

-60.5% YoY

What does BLORO do?

BLORO is a Private limited company incorporated in 1999. Its main activity is: Construction of roads and motorways. Its registered office is in Menen. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.405.881

Incorporation

17/11/1999

Legal form

Private limited company

Registered office

Moorselestraat 138
8930 Menen · FlandreSee on map

Contributed capital

6 200,02 €

Latest accounts

31/12/2025

Average workforce

1,5 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45230Maintenance and repair of motor vehicles 45250Maintenance and repair of motor vehicles+3

Joint committees (2)

124
12400

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	241,2 k €	-22.6%	311,7 k €	-13.2%	359,1 k €	+15.1%	311,9 k €	+7.6%	289,9 k €	+3.9%	279 k €	+12.0%	249 k €	+0.5%	247,8 k €	-4.3%	258,8 k €	+18.3%	218,8 k €	-26.9%	299,2 k €	+11.6%	268 k €	+22.7%	218,4 k €	-22.6%	282,3 k €	+17.1%	241,1 k €	+3.8%	232,3 k €	+28.3%	181,1 k €	-4.9%	190,4 k €	+13.3%	168,1 k €	-14.2%	195,9 k €
EBITDA	172,1 k €	+23.3%	139,6 k €	+13.2%	123,4 k €	+41.2%	87,4 k €	+7.4%	81,4 k €	-10.1%	90,5 k €	+36.2%	66,4 k €	-16.1%	79,2 k €	+28.7%	61,5 k €	+13.7%	54,1 k €	-32.8%	80,5 k €	-8.7%	88,3 k €	+67.7%	52,6 k €	-22.9%	68,2 k €	+3.0%	66,3 k €	-12.8%	76 k €	+200%	25,3 k €	-44.0%	45,2 k €	-10.4%	50,5 k €	-35.6%	78,4 k €
Operating result	153,4 k €	+25.6%	122,1 k €	+10.0%	111 k €	+46.0%	76 k €	+10.6%	68,7 k €	-12.9%	78,9 k €	+80.8%	43,6 k €	-33.0%	65,1 k €	+43.6%	45,3 k €	+27.9%	35,4 k €	-35.7%	55,1 k €	-16.9%	66,3 k €	+148%	26,8 k €	-32.5%	39,7 k €	+9.9%	36,1 k €	-16.0%	42,9 k €	+1775%	2,3 k €	-89.1%	20,9 k €	-52.2%	43,8 k €	-28.6%	61,3 k €
Net result	108,5 k €	+31.3%	82,7 k €	+5.4%	78,4 k €	+50.2%	52,2 k €	+9.9%	47,5 k €	-14.7%	55,7 k €	+88.3%	29,6 k €	-29.7%	42 k €	+82.6%	23 k €	-6.4%	24,6 k €	-13.9%	28,5 k €	-9.4%	31,5 k €	+56.5%	20,1 k €	-50.3%	40,5 k €	+60.3%	25,3 k €	-10.7%	28,3 k €	+1148%	2,3 k €	-89.8%	22,3 k €	-33.0%	33,2 k €	-16.3%	39,7 k €
Balance sheet
Equity	412,2 k €	+14.7%	359,4 k €	+17.3%	306,4 k €	+13.1%	270,8 k €	+11.7%	242,4 k €	+10.0%	220,3 k €	+13.6%	193,9 k €	-39.5%	320,3 k €	+15.1%	278,3 k €	+9.0%	255,3 k €	+10.7%	230,7 k €	+14.1%	202,1 k €	+18.5%	170,6 k €	+3.9%	164,2 k €	+11.9%	146,7 k €	-14.4%	171,5 k €	+19.8%	143,2 k €	+1.6%	140,9 k €	-35.6%	218,6 k €	+17.9%	185,4 k €
Total assets	533,8 k €	+8.4%	492,3 k €	+6.3%	463,3 k €	+24.5%	372,2 k €	-0.9%	375,7 k €	+3.3%	363,7 k €	+7.5%	338,4 k €	-4.8%	355,5 k €	+9.7%	324 k €	+7.7%	301 k €	-2.4%	308,4 k €	+9.2%	282,6 k €	+17.4%	240,7 k €	-17.6%	292 k €	-4.8%	306,7 k €	+8.9%	281,6 k €	+17.7%	239,3 k €	-22.7%	309,6 k €	+21.5%	254,7 k €	+19.0%	214 k €
Cash	448,9 k €	+27.1%	353,1 k €	+32.3%	266,9 k €	-3.0%	275,2 k €	+11.5%	246,8 k €	-0.2%	247,2 k €	+11.9%	220,8 k €	-12.3%	251,7 k €	+6.1%	237,2 k €	+2.4%	231,7 k €	+6.8%	216,9 k €	+13.4%	191,3 k €	+50.4%	127,2 k €	-28.3%	177,5 k €	-15.5%	210 k €		–		–		–		143,8 k €	+16.2%	123,8 k €
Debts	121,6 k €	-8.5%	132,9 k €	-15.3%	156,9 k €	+54.6%	101,5 k €	-23.9%	133,3 k €	-7.1%	143,4 k €	-0.7%	144,5 k €	+310%	35,2 k €	-23.1%	45,8 k €	+0.0%	45,8 k €	-41.2%	77,7 k €	-3.3%	80,4 k €	+14.7%	70,1 k €	-45.1%	127,7 k €	-20.1%	159,8 k €	+45.0%	110,2 k €	+14.6%	96,2 k €	-43.0%	168,7 k €	+368%	36,1 k €	+26.3%	28,6 k €
Other
Workforce	1,5 ETP	-60.5%	3,8 ETP	-5.0%	4,0 ETP	-2.4%	4,1 ETP		–		–		4,1 ETP		–		–		–		5,5 ETP	+25.0%	4,4 ETP	+10.0%	4,0 ETP	-28.6%	5,6 ETP	+14.3%	4,9 ETP	-3.9%	5,1 ETP	+13.3%	4,5 ETP	+25.0%	3,6 ETP	+24.1%	2,9 ETP	-6.5%	3,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

WIM BLONDEEL

Director · since 13 juin 2019

Active

Ended mandates

WIM BLONDEEL

Administrator - manager · since 13 juin 2019

Ended

Christophe Rogge

Manager · since 04 novembre 1999

Ended

Wim Blondeel

Manager · since 04 novembre 1999

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	09/07/2025	17/07/2024	05/07/2023	24/08/2022	16/08/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	17/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	05/07/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	16/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	17/07/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	05/07/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	05/07/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/07/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	11/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

WIM BLONDEEL

Director · since 13 juin 2019

Active

Ended mandates

WIM BLONDEEL

Administrator - manager · since 13 juin 2019

Ended

Christophe Rogge

Manager · since 04 novembre 1999

Ended

Wim Blondeel

Manager · since 04 novembre 1999

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
PDF
Capital / shares31/01/2014
KAPITAAL - AANDELEN
PDF
Mandates19/09/2013
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025108,5 k €↑
2024
Annual accounts 202482,7 k €↑
2023
Annual accounts 202378,4 k €↑
2022
Annual accounts 202252,2 k €↑
2021
Annual accounts 202147,5 k €↓
2020
Annual accounts 202055,7 k €↑
2019
Annual accounts 201929,6 k €↓
2018
Annual accounts 201842 k €↑
2017
Annual accounts 201723 k €↓
2016
Annual accounts 201624,6 k €↓
2015
Annual accounts 201528,5 k €↓
2014
Annual accounts 201431,5 k €↑
2013
Annual accounts 201320,1 k €↓
2012
Annual accounts 201240,5 k €↑
2011
Annual accounts 201125,3 k €↓
2010
Annual accounts 201028,3 k €↑
2009
Annual accounts 20092,3 k €↓
2008
Annual accounts 200822,3 k €↓
2007
Annual accounts 200733,2 k €↓
2006
Annual accounts 200639,7 k €
17/11/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BLORO

Overview

What does BLORO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline