BLUE BIRD 94
ActiveBLUE BIRD 94 has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €305k and a net result of €58k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 12675 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+4
Solvency78▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.04 in 2024; short-term debt: 43.3% and cash: 22.6% of total assets), and 47.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
10%
Age of the figures
9 mo
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
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
31 d early
2023
12 d early
2022
21 d early
2021
18 d late
2020
17 d late
2019
30 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€305k▼ 2.4%
2024 · €312k
2018: €195k
2019: €260k
2020: €306k
2021: €300k
2022: €296k
2023: €309k
2024: €312k
2018 → 2025
Total assets
€579k▼ 0.2%
2024 · €581k
2018: €500k
2019: €598k
2020: €651k
2021: €749k
2022: €712k
2023: €653k
2024: €581k
2018 → 2025
Net result
€58k▲ 56.5%
2024 · €37k
2018: €49k
2019: €66k
2020: €69k
2021: €91k
2022: €20k
2023: €13k
2024: €37k
2018 → 2025
Working capital
€214k▼ 3.8%
2024 · €223k
2018: €119k
2019: €184k
2020: €219k
2021: €205k
2022: €208k
2023: €221k
2024: €223k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€300k-€296k▼ 1.3%€309k▲ 4.3%€312k▲ 1.1%€305k▼ 2.4%
Operating result€140k-€37k▼ 74.0%€28k▼ 23.7%€59k▲ 111%€98k▲ 67.0%
Net result€91k-€20k▼ 78.5%€13k▼ 34.5%€37k▲ 189%€58k▲ 56.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 67% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579k
Fixed assets
€114k▼ 20.3%
Current assets
€465k▲ 6.4%
Equity and liabilities €579k
Equity
€305k▼ 2.4%
Debt
€275k▲ 2.3%
The debt ratio rises from 46.2% to 47.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€127k▲
2024 · €87k
Cash flow
€87k▲
2024 · €66k
Solvency
52.6%▼
2024 · 53.8%
Current ratio
1.85▼
2024 · 2.04
Quick ratio
1.85▼
2024 · 2.04
Debt / equity
0.90▲
2024 · 0.86
ROE
19.0%▲
2024 · 11.9%
ROA
10.0%▲
2024 · 6.4%
Interest coverage
9.55▲
2024 · 6.32
Debt
€275k▲
2024 · €268k
Debt ≤ 1 year
€251k▲
2024 · €215k
Debt > 1 year
€15k▼
2024 · €45k
Income taxes
€32k▲
2024 · €16k
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€581k€579k▼
Fixed assets21/28€143k€114k▼
Tangible fixed assets22/27€143k€114k▼
Land and buildings22€117k€101k▼
Plant, machinery and equipment23€1k€818▼
Furniture and vehicles24€22k€9k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€250-
Current assets29/58€437k€465k▲
Amounts receivable within one year40/41€167k€165k▼
Trade receivables40-€118
Other amounts receivable41€167k€164k▼
Current investments50/53€103k€165k▲
Cash at bank and in hand54/58€161k€131k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€581k€579k▼
Equity10/15€312k€305k▼
Contributions10/11€12k€12k=
Reserves13€300k€292k▼
Distributable reserves133€300k€292k▼
Amounts payable17/49€268k€275k▲
Amounts payable after more than one year17€45k€15k▼
Financial debts170/4€40k€11k▼
Other amounts payable178/9€5k€3k▼
Amounts payable within one year42/48€215k€251k▲
Current portion of amounts payable after more than one year42€31k€29k▼
Financial debts43€3k€3k=
Other loans439€3k€3k=
Trade debts44€11k€14k▲
Suppliers440/4€11k€14k▲
Taxes, remuneration and social security45€18k€44k▲
Taxes450/3€15k€44k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€153k€162k▲
Accrued charges and deferred income492/3€9k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€89k€129k▲
Operating profit (loss)9901€59k€98k▲
Financial income75/76B€8k€5k▼
Recurring financial income75€8k€5k▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€53k€90k▲
Income taxes67/77€16k€32k▲
Profit (loss) for the period9904€37k€58k▲
Profit (loss) for the period to be appropriated9905€37k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€58k▲
Transfer from equity791/2€34k€66k▲
Transfer to equity691/2€37k€58k▲
To other reserves6921€37k€58k▲
Profit to be distributed694/7€34k€66k▲
Return on contributions (dividend)694€34k€66k▲
The notes to these accounts (6 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €13k ▼34.5%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Highest result since 2018net €91k ▲32.6%
Operating result €140k, net result €91k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €260k ▲33.6%
2 profitable years in a row build equity to €260k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 2011
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.
Henri Horriestraat 438800 RoeselareGround area
301 m²
Building footprint
150 m²
Volume, LiDAR
1,525 m³
Parcel 36015A0042/00K002, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
2L Advocaten
since 20112.207.912.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0042/00K002 | Flanders | 301 m² | 1 · 150 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LSA, Société d’Avocats
BE 0739.842.358
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Advocaat Sven Hubrecht
BE 0792.209.589
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AVOCATS CASSART & SONDAG
BE 0832.293.058
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VANDEN EYNDE LEGAL SOCIETE CIVILE D'AVOCATS
BE 0893.315.362
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Ellen DV
BE 0781.340.641
Kortrijk · Eq €304k
Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2011
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.