BLERVAQUE
ActiveBLERVAQUE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €-34k. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
short-term debt: 0.3% and cash: 19.3% of total assets, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-34k
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 26-07-2026, 5 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
5 d early
2024
41 d late
2023
30 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
€224k▼ 13.1%
2024 · €257k
2023: €293k
2024: €257k
2023 → 2025
Total assets
€224k▼ 17.8%
2024 · €273k
2023: €296k
2024: €273k
2023 → 2025
Net result
€-34k▲ 4.8%
2024 · €-36k
2023: €-29k
2024: €-36k
2023 → 2025
Working capital
€167k▼ 7.4%
2024 · €180k
2023: €204k
2024: €180k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€293k-€257k▼ 12.1%€224k▼ 13.1%
Operating result€-30k-€-37k▼ 22.0%€-34k▲ 7.2%
Net result€-29k-€-36k▼ 22.2%€-34k▲ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets
€56k▼ 28.3%
Current assets
€168k▼ 13.6%
Equity and liabilities €224k
Equity
€224k▼ 13.1%
Debt
€761▼ 95.1%
The debt ratio falls from 5.7% to 0.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▲
2024 · €-13k
Cash flow
€-10k▲
2024 · €-12k
Solvency
99.7%▲
2024 · 94.3%
Debt / equity
0.00▼
2024 · 0.06
ROE
-15.1%▼
2024 · -13.8%
ROA
-15.1%▼
2024 · -13.0%
Interest coverage
-98.45▼
2024 · -78.75
Debt
€761▼
2024 · €16k
Debt ≤ 1 year
€761▼
2024 · €14k
Income taxes
€384=
2024 · €384
A ratio outside any meaningful range has been withheld (balance sheet total €224k, equity €224k).
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€273k€224k▼
Fixed assets21/28€79k€56k▼
Tangible fixed assets22/27€79k€56k▼
Land and buildings22€66k€44k▼
Plant, machinery and equipment23€12k€12k▲
Furniture and vehicles24€165-
Other tangible fixed assets26€290-
Current assets29/58€194k€168k▼
Amounts receivable after more than one year29€25k€25k=
Other amounts receivable291€25k€25k=
Amounts receivable within one year40/41€46k€43k▼
Trade receivables40€10k€2k▼
Other amounts receivable41€36k€41k▲
Current investments50/53€52k€52k=
Cash at bank and in hand54/58€67k€43k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€273k€224k▼
Equity10/15€257k€224k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€249k€215k▼
Amounts payable17/49€16k€761▼
Amounts payable within one year42/48€14k€761▼
Trade debts44€13k€761▼
Suppliers440/4€13k€761▼
Taxes, remuneration and social security45€384-
Taxes450/3€384-
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€-10k€-7k▲
Operating profit (loss)9901€-37k€-34k▲
Financial income75/76B€2k€852▼
Recurring financial income75€2k€852▼
Financial charges65/66B€168€105▼
Recurring financial charges65€168€105▼
Profit (loss) for the period before taxes9903€-35k€-33k▲
Income taxes67/77€384€384=
Profit (loss) for the period9904€-36k€-34k▲
Profit (loss) for the period to be appropriated9905€-36k€-34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€249k€215k▼
Profit (loss) brought forward from the previous period14P€285k€249k▼
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
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 16current ratio 220.47
Current ratio from 14.10 to 220.47; short-term debt falls from €14k to €761.
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2001
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.
Gachardstraat 751000 BrusselGround area
318 m²
Building footprint
235 m²
Volume, LiDAR
2,692 m³
2 parcels, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
de Henninstraat 12, 1050 Elsene
since 20012.098.203.832
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0123/00Z002 | Brussels | 176 m² | 1 · 92 m² | 17.6 m · 5 fl. |
| 21442A0289/00L002 | Brussels | 142 m² | 1 · 142 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,376 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2001
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.