BLEUDORE
ActiveSummary
BLEUDORE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,315 and a net result of €5,315. Its solvency ranks better than 82% of 1,859 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €11,315
- Profit
- €5,315
- MORATO GABAO PedroDirector
- PIELOT Elsa Marie MorganeDirector
Why 93raises riskSize: total assets €14,190Founded in 2024lowers riskLiquidity: current ratio 4.39, cash €7,721Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 59, micro): better than 89% on solvency, 88% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 30-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: MORATO GABAO Pedro (director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393809.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,689 |
| Gross operating margin9900 | €8,119 |
| Operating profit (loss)9901 | €5,430 |
| Financial charges65/66B | €115 |
| Recurring financial charges65 | €115 |
| Profit (loss) for the period before taxes9903 | €5,315 |
| Profit (loss) for the period9904 | €5,315 |
| Profit (loss) for the period to be appropriated9905 | €5,315 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €14,190 | |
| Fixed assets21/28 | €1,560 | |
| Intangible fixed assets21 | €0 | |
| Tangible fixed assets22/27 | €1,560 | |
| Furniture and vehicles24 | €1,560 | |
| Current assets29/58 | €12,630 | |
| Amounts receivable within one year40/41 | €4,909 | |
| Trade receivables40 | €4,909 | |
| Cash at bank and in hand54/58 | €7,721 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €14,190 | |
| Equity10/15 | €11,315 | |
| Contributions10/11 | €6,000 | |
| Profit (loss) carried forward14 | €5,315 | |
| Amounts payable17/49 | €2,876 | |
| Amounts payable within one year42/48 | €2,876 | |
| Trade debts44 | €1,509 | |
| Suppliers440/4 | €1,509 | |
| Taxes, remuneration and social security45 | €761 | |
| Taxes450/3 | €761 | |
| Other amounts payable47/48 | €605 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €5,315 |
| + Depreciation and write-downs630 | €2,689 |
| Operating cash flow (approximation) | €8,004 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 11-08-2026 | 2026-00393809 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MORATO GABAO Pedro |
|
| PIELOT Elsa Marie Morgane |
|
Owners and capital
Capital and shareholders
- MORATO GABAO Pedro 50 shares (50%) · €3,000
- PIELOT Elsa Marie Morgane 50 shares (50%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-06-2024 Incorporation · €6,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-06
Gazette deed
IncorporationAppointments: MORATO GABAO Pedro (director) and PIELOT Elsa Marie Morgane (director) · Founder · Founding capital12 facts ▸
- Incorporation, “BLEUDORE” (deed in French)
- Founder, MORATO GABAO Pedro
- Founder, PIELOT Elsa Marie Morgane
- Founding capital, €6,000
- Bank account, “société en formation”, EUR (deed in French)
- Registered office clause, “1190 Forest,Rue Jean-Baptiste Vanpé 55, actionnaires,titulaires de titres émis par la société,titulaires de certificats émis avec la collaboration de la société” (deed in French)
- Board rule, 2, “assemblée” (deed in French)
- Director appointment, MORATO GABAO Pedro (director (not named in the articles))
- Director appointment, PIELOT Elsa Marie Morgane (director (not named in the articles))
- Declaration, 16-05-2024
- Declaration, “absence d’interdiction de gérer, ne pas avoir fait l'objet d'une interdiction de gérer” (deed in French)
- Pre-incorporation commitments, “takeover, tous les engagements,obligations et activités entrepris au nom et pour compte de la société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21384D0202/00P000 | Brussels | 706 m² | 1 · 152 m² | 22.2 m · 6 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Au développement et à la production d’oeuvres audiovisuelles et musicales;en ce compris la création,le développement,le financement,la…” (deed in French)
2 activities (deed in French)
- Au développement et à la production d’oeuvres audiovisuelles et musicales;en ce compris la création,le développement,le financement,la production,la réalisation,la promotion,la distribution pour le cinéma,la télévision et autres plateformes de diffusion
- L’organisation d’ateliers et de formations ayant attrait à la production audiovisuelle et musicale,et aux techniques qui lui sont liées
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BLEUDORE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Les administrateurs non-statutaires sont révocables ad nutum par l’assemblée générale, sans que leur révocation donne droit à une indemnité…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, un ou plusieurs administrateurs” (deed in French)“Portée aux frais généraux indépendamment des frais de représentation,voyages et déplacements, assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires non actionnaires de plein droit sollicitent agrément mêmes formalités, toutes cessions entre vifs à titre onéreux ou…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 May at 11:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment que ce soit, administrateurs en fonction en vertu des statuts si aucun autre liquidateur désigné” (deed in French)