BELLE BLEUE
ActiveBELLE BLEUE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278k and a net result of €202k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 1513 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 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
Profitability100▲+8
Solvency69▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.72 in 2024; short-term debt: 55.6% and cash: 40% of total assets), but 55.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
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
44.4%
Return on assets
32.3%
Age of the figures
9 mo
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
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 €278k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
14 d early
2023
16 d early
2022
4 d early
2021
37 d early
2020
1 d early
2019
56 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€278k▲ 267%
2024 · €76k
2018: €-15k
2019: €-15k
2020: €-15k
2021: €-16k
2022: €-17k
2023: €17k
2024: €76k
2018 → 2025
Total assets
€626k▲ 96.9%
2024 · €318k
2018: €1k
2019: €678
2020: €780
2021: €740
2022: €901
2023: €83k
2024: €318k
2018 → 2025
Net result
€202k▲ 243%
2024 · €59k
2018: €-1k
2019: €72
2020: €-542
2021: €-547
2022: €-1k
2023: €21k
2024: €59k
2018 → 2025
Working capital
€224k▲ 92.9%
2024 · €116k
2018: €-15k
2019: €-15k
2020: €-15k
2021: €-16k
2022: €-17k
2023: €-32k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-16k-€-17k▼ 6.9%€17k€76k▲ 354%€278k▲ 267%
Operating result€-507-€-1k▼ 106%€24k€92k▲ 287%€285k▲ 211%
Net result€-547-€-1k▼ 100%€21k€59k▲ 178%€202k▲ 243%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 211% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €626k
Fixed assets
€54k▲ 36.6%
Current assets
€572k▲ 105%
Equity and liabilities €626k
Equity
€278k▲ 267%
Debt
€348k▲ 43.7%
The debt ratio falls from 76.2% to 55.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€297k▲
2024 · €103k
Cash flow
€213k▲
2024 · €70k
Solvency
44.4%▲
2024 · 23.8%
Current ratio
1.64▼
2024 · 1.72
Quick ratio
1.17▼
2024 · 1.40
Debt / equity
1.25▼
2024 · 3.20
ROE
72.8%▼
2024 · 78.0%
ROA
32.3%▲
2024 · 18.6%
Interest coverage
70.34▲
2024 · 22.45
Debt
€348k▲
2024 · €242k
Debt ≤ 1 year
€348k▲
2024 · €162k
Income taxes
€79k▲
2024 · €28k
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€318k€626k▲
Formation expenses20-€0
Fixed assets21/28€40k€54k▲
Tangible fixed assets22/27€40k€54k▲
Plant, machinery and equipment23-€25k
Furniture and vehicles24€40k€29k▼
Current assets29/58€278k€572k▲
Stocks and contracts in progress3€51k€164k▲
Stocks30/36€51k€164k▲
Amounts receivable within one year40/41€128k€126k▼
Trade receivables40€128k€126k▼
Cash at bank and in hand54/58€69k€251k▲
Deferred charges and accrued income490/1€30k€31k▲
Equity and liabilities
Total equity and liabilities10/49€318k€626k▲
Equity10/15€76k€278k▲
Contributions10/11€19k€19k=
Reserves13€57k€127k▲
Distributable reserves133€57k€127k▲
Profit (loss) carried forward14€0€132k▲
Amounts payable17/49€242k€348k▲
Amounts payable within one year42/48€162k€348k▲
Trade debts44€77k€214k▲
Suppliers440/4€77k€214k▲
Taxes, remuneration and social security45€33k€59k▲
Taxes450/3€33k€59k▲
Other amounts payable47/48€52k€74k▲
Accrued charges and deferred income492/3€80k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€106-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€105k€299k▲
Operating profit (loss)9901€92k€285k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€87k€281k▲
Income taxes67/77€28k€79k▲
Profit (loss) for the period9904€59k€202k▲
Profit (loss) for the period to be appropriated9905€59k€202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€202k▲
Profit (loss) brought forward from the previous period14P€-2k-
Transfer to equity691/2€57k€70k▲
To other reserves6921€57k€70k▲
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €202k ▲243%
Operating result €285k, net result €202k, both a record.
31-12
Financial
Equity above €200kEq €278k ▲267%
3 profitable years in a row build equity to €278k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.72
Current ratio from 0.51 to 1.72.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after 3 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Back to profitnet €72
Net result €72 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gembloux · 1 establishment unit since 2014
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.
Avenue Georges-Bedoret, Gd-M. 75030 GemblouxGround area
1.9 ha
Building footprint
140 m²
Parcel 92255C0200/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Belle Bleue
since 20142.235.283.044
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92255C0200/00V000 | Wallonia | 1.9 ha | 1 · 140 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGembloux2.235.283.044
Similar companies · same sector, comparable size
B&J Studio's
BE 0681.931.576
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MIDNIGHT MARMALADE
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SHERPAH VIDEO PROJECTS
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DROP BY DROP PRODUCTIONS
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JAN VAN DEN BOSSCHE
BE 0479.336.485
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Of 484 companies in sector 59112 we hold annual accounts for 247. 170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2014
Fiscal year end31-12
Activities, NACEBEL
59112Motion picture, video and television programme production, sound recording and music publishing activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
01610Support activities for crop production
59130Motion picture, video and television programme production, sound recording and music publishing activities
59140Motion picture, video and television programme production, sound recording and music publishing activities
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:loic@biglo.fr
Phone:0496881081