BLAUW BLOED
ActiveSummary
BLAUW BLOED is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show negative equity (€-963k) and a net result of €-1.37M. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 30 sector peers (fiscal year 2026). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 30 sector peers (2026).
NBB · sector comparisonPosition among 30 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 28-08-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
3 d early
2025
23 d early
2024
17 d early
2023
on the day
2022
30 d late
2021
28 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 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-963k
2025 · €403k
2021: €131k
2022: €172k
2023: €219k
2024: €374k
2025: €403k
2021 → 2026
Net result
€-1.37M
2025 · €30k
2021: €6k
2022: €40k
2023: €47k
2024: €155k
2025: €30k
2021 → 2026
Total assets
€10.91M▲ 15.5%
2025 · €9.44M
2021: €2.29M
2022: €3.81M
2023: €6.37M
2024: €6.53M
2025: €9.44M
2021 → 2026
Solvency
-8.8%▼ 13.1pp
2025 · 4.3%
2021: 5.7%
2022: 4.5%
2023: 3.4%
2024: 5.7%
2025: 4.3%
2021 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Turnover€2.10M
Equity€172k-€219k▲ 27.3%€374k▲ 71.0%€403k▲ 7.9%€-963k
Operating result€96k-€91k▼ 5.2%€189k▲ 108%€159k▼ 15.9%€-1.58M
Net result€40k-€47k▲ 15.6%€155k▲ 231%€30k▼ 80.9%€-1.37M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €1.58M after €159k in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €10.91M
Fixed assets
€2.06M ▲ 57.5%
Current assets
€8.85M ▲ 8.8%
Key figures and ratios
ROA
-12.5%▼
2025 · 0.3%
Debt
€11.87M▲
2025 · €9.04M
Debt ≤ 1 year
€7.20M▲
2025 · €4.36M
Debt > 1 year
€4.67M=
2025 · €4.67M
Income taxes
€-3k▼
2025 · €88k
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 · 2026 against 2025 · 69 lines
Balance sheet
Code20252026
Assets
Total assets20/58€9.44M€10.91M▲
Formation expenses20€0-
Fixed assets21/28€1.31M€2.06M▲
Intangible fixed assets21€0€300k▲
Tangible fixed assets22/27€250k€244k▼
Furniture and vehicles24€0€3k▲
Assets under construction and advance payments27€250k€240k▼
Financial fixed assets28€1.06M€1.51M▲
Affiliated companies280/1-€1.51M
Participating interests280-€1.51M
Current assets29/58€8.14M€8.85M▲
Amounts receivable after more than one year29€5.84M€6.39M▲
Other amounts receivable291€5.84M€6.39M▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€2.13M€1.91M▼
Trade receivables40€1.67M€1.54M▼
Other amounts receivable41€458k€369k▼
Cash at bank and in hand54/58€165k€531k▲
Deferred charges and accrued income490/1€0€25k▲
Equity and liabilities
Total equity and liabilities10/49€9.44M€10.91M▲
Equity10/15€403k€-963k▼
Contributions10/11€125k€125k=
Capital10-€125k
Issued capital100-€125k
Outside capital11-€0
Other1109/19-€0
Reserves13€240k€240k=
Distributable reserves133€240k€240k=
Profit (loss) carried forward14€38k€-1.33M▼
Amounts payable17/49€9.04M€11.87M▲
Amounts payable after more than one year17€4.67M€4.67M=
Financial debts170/4€4.67M€4.63M▼
Subordinated loans170-€0
Other loans174-€4.63M
Other amounts payable178/9-€46k
Amounts payable within one year42/48€4.36M€7.20M▲
Trade debts44€1.08M€1.13M▲
Suppliers440/4€817k€1.13M▲
Bills of exchange payable441€260k-
Other amounts payable47/48€3.28M€6.07M▲
Accrued charges and deferred income492/3€10k€0▼
Income statement
Code20252026
Operating income70/76A-€3.60M
Turnover70-€2.10M
Other operating income74-€1.50M
Non-recurring operating income76A€0-
Operating charges60/66A-€5.18M
Services and other goods61-€3.90M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€243k€436▼
Other operating charges640/8€90k€1.28M▲
Gross operating margin9900€491k-
Operating profit (loss)9901€159k€-1.58M▼
Financial income75/76B€102k€481k▲
Recurring financial income75€102k€481k▲
Income from financial fixed assets750-€350k
Other financial income752/9-€131k
Financial charges65/66B€142k€270k▲
Recurring financial charges65€142k€270k▲
Other financial charges652/9-€270k
Profit (loss) for the period before taxes9903€118k€-1.37M▼
Income taxes67/77€88k€-3k▼
Taxes670/3-€10k
Tax adjustments and reversals of tax provisions77-€13k
Profit (loss) for the period9904€30k€-1.37M▼
Profit (loss) for the period to be appropriated9905€30k€-1.37M▼
Appropriation of the result
Profit (loss) to be appropriated9906€278k€-1.33M▼
Profit (loss) brought forward from the previous period14P€249k€38k▼
Transfer to equity691/2€240k€0▼
To other reserves6921€240k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (42 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 2027, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
02-07
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital · Jan Stoel
31-01
Financial
Weakest financial yearnet €-1.37M ▼4701%
Net result drops to €-1.37M, the lowest in the series.
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-01
Financial
Highest result since 2021net €155k ▲231%
Operating result €189k, net result €155k, both a record.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
Financial
Equity above €200kEq €219k ▲27.3%
3 profitable years in a row build equity to €219k.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
31-01
Financial
Equity above €150kEq €172k ▲30.8%
2 profitable years in a row build equity to €172k.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB 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, Lille · 1 establishment unit since 2019
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.
Kloosterstraat 582275 LilleGround area
1.9 ha
Building footprint
8,638 m²
Volume, LiDAR
63,509 m³
Parcel 13009C0717/00X006, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BLAUW BLOED
since 20192.295.449.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009C0717/00X006 | Flanders | 1.9 ha | 1 · 8,638 m² | 9.6 m · 3 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.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,746 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
Founded11-10-2019
Fiscal year end31-01
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.