BLUE CASTLE EVENTS
The computed 12-month bankruptcy probability of BLUE CASTLE EVENTS is 6.0% (elevated). The 2024 annual accounts show negative equity (€-299k) and a net result of €-47k. Equity is shrinking by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 332 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-299k |
| Net result | €-47k |
| Staff (FTE) | 1 |
| Better than sector | 15% |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -39.9% | 11.6% | |
| Net result | €-47k | €2k | |
| Equity | €-299k | €17k | |
| Staff costs | €41k | €218k | |
| Employees (FTE) | 1.0 | 7.8 |
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €816k |
| EBITDA | €66k |
| Net profit | €-47k |
| Cash flow | €53k |
| Staff costs | €41k |
| Income taxes | €41 |
| Dividends | - |
| Total assets | €749k |
| Equity | €-299k |
| Debt | €1.05M |
| of which ≤ 1y | €194k |
| of which > 1y | €749k |
| Working capital | €-40k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.76 |
| Working capital ratio | -5.4% |
| Solvency | -39.9% |
| Debt / equity | -3.51 |
| Long-term debt ratio | -2.51 |
| Interest coverage | 5.18 |
| Gross margin | 36.1% |
| Net margin | -5.8% |
| ROA | -6.3% |
| ROE | 15.8% |
| EBITDA margin | 8.1% |
| Days sales outstanding | 17d |
| Days payable outstanding | 72d |
| Inventory turnover | 89.31 |
| Days inventory (DSI) | 4d |
Full annual accounts (26 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €749k |
| Fixed assets | 21/28 | €594k |
| Formation expenses | 20 | €1k |
| Intangible fixed assets | 21 | €38k |
| Tangible fixed assets | 22/27 | €555k |
| Current assets | 29/58 | €154k |
| Stocks & contracts in progress | 3 | €6k |
| Amounts receivable within one year | 40/41 | €40k |
| Investments | 50/53 | €50k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €749k |
| Equity | 10/15 | €-299k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-319k |
| Amounts payable | 17/49 | €1.05M |
| Amounts payable after one year | 17 | €749k |
| Amounts payable within one year | 42/48 | €194k |
| Trade debts payable within one year | 44 | €103k |
| Income statement | ||
| Turnover | 70 | €816k |
| Operating result | 9901 | €-34k |
| Financial income | 75 | €330 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-47k |
| Income taxes | 67/77 | €41 |
| Net result for the period | 9904 | €-47k |
| Result to be appropriated | 9905 | €-47k |
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 21-06-2021 |
| Status | Active |
| Postal code | 8870 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B5086/00A000 | Flanders | 3,192 m² | 1 · 995 m² | 20.2 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-12-2025 Registered office moved within Izegem
- Kasteelwijk 3, 8870 Izegem → Patrick Sercudreef 45, 8870 Izegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Izegem",
"region": null,
"street": "Patrick Sercudreef",
"country": "BE",
"postcode": "8870",
"box_number": null,
"street_number": "45"
},
"old_address": {
"city": "Izegem",
"region": null,
"street": "Kasteelwijk",
"country": "BE",
"postcode": "8870",
"box_number": null,
"street_number": "3"
},
"effective_date": "2025-11-01",
"evidence_quote": "De vergadering neemt kennis van het verslag van het bestuursorgaan van 18 november 2025 en stelt vast dat het bestuursorgaan heeft beslist om, met ingang van 1 november 2025, de zetel van de vennootschap te verplaatsen van 8870 Izegem, Kasteelwijk 3 naar 8870 Izegem, Patrick Sercudreef 45, zonder wijziging van het gewest."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0769.913.744",
"name_full": "BLUE CASTLE EVENTS",
"legal_form": "BV"
}
}23-06-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8870 Izegem, Kasteelwijk 3",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0472.095.337",
"name": "J.M.A. GROUP"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": "0472.095.337",
"holder_org_name": "J.M.A. GROUP",
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 120,
"amount_subscribed_eur": 20000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0769.913.744",
"name_full": "BLUE CASTLE EVENTS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-06-16",
"post_incorporation_mandates": []
}| Legal nameNL | BLUE CASTLE EVENTS |