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BLACK IS BLUE

Active
Private limited company (pre-2019)founded 2006active for 20 yearsRue Libert (François) 38, 1410 Waterloo, BelgiumKBO/BCE: BE 0878.503.957
Summary

BLACK IS BLUE has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282,994 and a net result of €86,710. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 69% of 8,541 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Advertising agencies
NACE 73110
1 site
Size
€388,373total assets 2025
Staff
1 FTE
Equity
€282,994
Profit
€86,710
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 28 days late4 deeds in the Belgian Official Gazette
Why 96lowers riskLiquidity: current ratio 3.42, cash €61,323, halvedFounded in 2006Equity €282,994 (72.9% of total assets)Figures for financial year 2025 (filed 05-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 73, micro)
Financial strength · tick = 2024
Strong
Solvency 98+15
equity 72.9% of total assets
Liquidity 59-18
short-term debt 27.1% · cash 15.8%
Profitability 97-3
return on assets 22.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,214 companies, NACE 73, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.42, compared with 2.28 in 2024, above the usual 1.5; short-term debt: 27.1% and cash: 15.8% of total assets), and 27.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 71% on solvency, 51% on liquidity, 74% on profitability and 61% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.42, cash €61,323, halved
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €282,994 (72.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 05-06-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
28 days late
2023
7 days late
2022
12 days late
2021
283 days late
2020
28 days late
2019
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 61 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end28-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2019 to 2025net €210,758 ▲59.7%

Key points

  • Caution: Result fell in 2025from €210,758 to €86,710 ▼ 58.9% View
  • Positive: Among the best 12% on net resultsector median €14,838 · 8,542 companies €86,710 View
  • Total assets 20256 financial years filed €388,373 View

By topic

Financials

Financial year
2025
Total assets
€388,373
Profit
€86,710
Solvency
72.9%
Total assets▼ 12.2%
Net result
20192025
Go to Financials

Timeline

Events
25
Since
2008
Next accounts
by 30-04-2027
  1. 30-09-2024Equity above €200,000
  2. 07-05-2024Annual accounts filed
  3. 30-09-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Advertising agenciesNACE 73110
Founded
09-01-2006
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about BLACK IS BLUE

What is the company number of BLACK IS BLUE?
0878.503.957. In Belgium the VAT number is the company number with BE in front: BE 0878.503.957.
Where is BLACK IS BLUE based?
The registered office is at Rue Libert (François) 38, 1410 Waterloo.Company details
What does BLACK IS BLUE do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of BLACK IS BLUE?
Private limited company (pre-2019) (BVBA).
When was BLACK IS BLUE founded?
On 09-01-2006.
Is BLACK IS BLUE still active?
Yes, BLACK IS BLUE is an active enterprise in the KBO register.
How many employees does BLACK IS BLUE have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BLACK IS BLUE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BLACK IS BLUE profitable?
In financial year 2025, BLACK IS BLUE made a profit of €86,710.
Where can I find the annual accounts of BLACK IS BLUE?
BLACK IS BLUE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLACK IS BLUE due?
By 30-04-2027, for financial year 2026.Timeline

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