Turnover
≈ €170,000 estimated
The micro format states no turnover.
Blauwstad
Lifetime
1 annual account with figurespeak €78,833 (2025)
€78,833
peak €62,864 (2025)
€62,864
peak €64,864 (2025)
€64,864
€28,776
Board1 name since 2025
1 directorDELIKAYA Vahdet
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Incorporation 30-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsAt the same address
167 companies
Position in the sector
€62,864
Higher net result than 84% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
Checked score
97
Excellent
Financially stronger than 78% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 0.5%highest value
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.5 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 3.25, cash €37,060
Equity €64,864 (69.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 68% of them on solvency, 77% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Blauwstad has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Blauwstad itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Blauwstad. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.25, above the usual 1.5. Short-term debt is 30.7% and cash 39.6% of total assets. 30.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
22 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023768583
First establishment
Lange Lozanastraat 142, Antwerp
Incorporation
Founding capital of €2,000, 120 shares · Founder: DELIKAYA Vahdet · Appointment: DELIKAYA Vahdet (director) · published on 30-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Blauwstad Antwerp | €93,640 | €78,833 | 69.3% | - |
| JwL Consulting Antwerp | €108,090 | €78,910 | 50.9% | - |
| LSR BUILDING Brecht | €87,032 | €74,968 | 69.5% | - |
| OCH ENGINEERING Antwerp | €117,683 | €84,461 | 63.8% | - |
| Luc Pollet Antwerp | €99,862 | €86,162 | 52.2% | - |
| DPA Engineering Niel | €111,879 | €80,684 | 55.0% | - |
| SUNBURST Wanze | €85,282 | €79,422 | 72.3% | - |
These companies have the same main activity as Blauwstad: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €85,300 and €118,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 27-05-2025Normal situation
- Registered office
- 168 active companies are registered at this address17 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.375.677.9732018 Antwerp, since 01-07-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2026
Annual accounts 2025
- €93,640
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Blauwstad
Blauwstad has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,864 and a net result of €62,864.
Its solvency ranks better than 67% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Blauwstad
- What is the company number of Blauwstad?
- The company number of Blauwstad is 1023.768.583. The VAT number is the same number with BE in front: BE 1023.768.583.
- Where is Blauwstad based?
- The registered office is at Lange Lozanastraat 142, 2018 Antwerp.Company details
- What does Blauwstad do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Blauwstad?
- Blauwstad is a private limited company (BV).
- When was Blauwstad founded?
- Blauwstad was founded on 27-05-2025.
- Is Blauwstad still active?
- Yes, Blauwstad is an active enterprise in the KBO register.
- What is the turnover of Blauwstad?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €78,833 and 45 comparable companies (NACE 711). It probably lies between €130,000 and €230,000.Financials
- Is Blauwstad profitable?
- In financial year 2025, Blauwstad made a profit of €62,864.
- Where can I find the annual accounts of Blauwstad?
- Blauwstad filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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