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BLU AGENCIES

Active
Private limited companyfounded 2005active for 20 yearsPrins Karellaan 51, 8310 Brugge, BelgiumKBO/BCE: BE 0878.082.206

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BLU AGENCIES has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,491 and a net result of €104,569. Equity has been growing by about 9.6% per year since 2019. Its solvency ranks better than 92% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 21-12-2005 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 2 others
Establishment unit
2.151.227.891 8310 Brugge, since 24-01-2006
Financial year end
30 June
Peppol
Reachable since 05-10-2025

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€219,146
▲ 626%
Turnover
≈ €830,000
estimated
Profit
€104,569
Equity
€429,491
▲ 10.3%
Total assets
€469,564
▲ 10.3%
Staff
1 FTE
=
Filed on 06-01-2026, 25 days before the deadlinePDF
Score breakdownlowers riskLiquidity: current ratio 8.54, cash €295,761Equity €429,491 (91.5% of total assets)Founded in 2005Size: total assets €469,564Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 91.5% of total assets
Liquidity 100=
short-term debt 8.4% · cash 63.0%
Profitability 97+87
return on assets 22.3%
Bankruptcy probability within 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 0.4% (26,900 companies, NACE 46, 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%▲ +0.1 percentage points 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 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 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 €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.54 (9.23 in 2024), above the usual 1.5. Short-term debt is 8.4% and cash 63% of total assets. 8.5% of the assets are financed with debt and provisions.
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 46, micro). It does better than 90% of them on solvency, 98% on liquidity, 89% on profitability and 65% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 8.54, cash €295,761
NBB · annual accounts
lowers risk · Equity €429,491 (91.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €469,564
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
3 days early
2023
28 days early
2022
42 days early
2021
48 days early
2020
12 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 3 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €29,611 in 2024 €104,569 View
  • Positive: Higher net result than 94% of companies in wholesale tradesector median €5,660 · 13,722 companies €104,569 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Comparable companies

These companies have the same main activity as BLU AGENCIES: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €381,000 and €589,000, founded between 2003 and 2008.

CompanyTotal assetsGross margin
BLU AGENCIES Brugge€469,564€219,146
VIA AGENCY Brugge€454,898€178,896
KOEN DE STAERCKE Kortrijk€381,077€228,193
SOLEMEC Antwerpen€495,220€274,448
GENESIA Leuven€404,833€170,106
P.K.S. TRADING Erpe-Mere€501,162€157,956
DENIS Maarkedal€589,172€240,465
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about BLU AGENCIES

What is the company number of BLU AGENCIES?
The company number of BLU AGENCIES is 0878.082.206. The VAT number is the same number with BE in front: BE 0878.082.206.
Where is BLU AGENCIES based?
The registered office is at Prins Karellaan 51, 8310 Brugge.Company details
What does BLU AGENCIES do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of BLU AGENCIES?
The legal form of BLU AGENCIES is Private limited company (BV).
When was BLU AGENCIES founded?
BLU AGENCIES was founded on 21-12-2005.
Is BLU AGENCIES still active?
Yes, BLU AGENCIES is an active enterprise in the KBO register.
How many employees does BLU AGENCIES have?
BLU AGENCIES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BLU AGENCIES?
The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €219,146 and 31 comparable companies (NACE 461). It probably lies between €390,000 and €2.0m.
Is BLU AGENCIES profitable?
In financial year 2025, BLU AGENCIES made a profit of €104,569.
Where can I find the annual accounts of BLU AGENCIES?
BLU AGENCIES filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of BLU AGENCIES due?
BLU AGENCIES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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