Active BE 0455.966.118Public limited company

BLUE

Hendrik Muyshondtstraat(WIN) 52 ·2880 Bornem, Belgium· 30 yrs active

Sector: Computer programming & consultancy (62200)

Conclusion Checked

The computed 12-month bankruptcy probability of BLUE is 0.3% (very low). The 2022 annual accounts show equity of €5k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€5k
Net result	€-2k
Active	30 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

61 / 100

Strong profile, led by stability.

Health 55

Profitability 0

Solvency 91

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1995 — 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

55 / 100 Fair

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 13-07-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

EBITDA

€-8k

+79.8% far below sector median

Net profit

€-2k

— far below sector median

Cash flow

€-92k

-11.7% far below sector median

Total assets

€10k

+42.6% -23% vs sector

Equity

€5k

-31.4% -43% vs sector

Working capital

€5k

— far above sector median

Income taxes

€1k

— far above sector median

Debt

€5k

-57.9% -36% vs sector

Debt ≤ 1y

€5k

-57.9% -36% vs sector

Current ratio

1.93

+323.8% +151% vs sector

Quick ratio

1.93

+323.8% +151% vs sector

Solvency

48.1%

-51.9% +33% vs sector

Debt / equity

1.08

— -48% vs sector

ROE

-45.8%

— -98% vs sector

ROA

-22.0%

— far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	—
EBITDA	—
Net profit	€-2k
Cash flow	—
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€10k
Equity	€5k
Debt	€5k
of which ≤ 1y	€5k
of which > 1y	—
Working capital	€5k
Employees (FTE)	—

Ratios (computed)

	2022
Current ratio	1.93
Quick ratio	1.93
Working capital ratio	48.1%
Solvency	48.1%
Debt / equity	1.08
Long-term debt ratio	—
Interest coverage	—
Gross margin	—
Net margin	—
ROA	-22.0%
ROE	-45.8%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2022

Equity & liabilities

Equity €5k · 48.1% Debt €5k · 51.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet — Assets
TOTAL ASSETS	20/58	€10k
Current assets	29/58	€10k
Amounts receivable within one year	40/41	€10k
Cash & bank	54/58	€0
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€10k
Equity	10/15	€5k
Contributions / capital	10/11	€82k
Reserves	13	€4k
Accumulated profits (losses)	14	€-81k
Amounts payable	17/49	€5k
Amounts payable within one year	42/48	€5k
Income statement
Gross operating margin	9900	€-1k
Operating result	9901	€-2k
Financial income	75	€413
Financial charges	65	€452
Result before taxes	9903	€-2k
Net result for the period	9904	€-2k
Result to be appropriated	9905	€-2k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Computer programming & consultancy(62200)
Legal form	Public limited company(014)
Incorporation	11-09-1995
Status	Active
Postal code	2880

Establishment units 1 location

Hendrik Muyshondtstraat(WIN) 52, 2880 Bornem

het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant : - invoeren van gegevens - volledige verwerking van gegevens

since 20002.080.425.811

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12015B1387/00C000	Flanders	2,083 m²	1 · 134 m²	11.3 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

13-07-2023