BLUE CEDAR

Active

Private limited companyfounded 2006active for 20 yearsThujastraat 13, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0879.166.230

Summary

BLUE CEDAR has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214,373 and a net result of €4,393. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 52% of 1,025 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

BLUE CEDARActiveChecked score 89/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€627,475total assets 2025

Staff: 1.5 FTE
Equity: €214,373
Profit: €4,393

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

DEVILLE ArnaudDirector

2025 accounts 43 days early

Why 89raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.23, cash €356,312Founded in 2006Figures for financial year 2025 (filed 23-12-2025)Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 52% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 59-22

equity 34.2% of total assets

Liquidity 85+32

short-term debt 34.2% · cash 56.8%

Profitability 70-20

return on assets 0.7%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.5%▲ +0.2 percentage points vs 11-2024highest value 01-2025: 0.2%▼ -0.3 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.23, compared with 1.47 in 2024, above the usual 1.5; short-term debt: 34.2% and cash: 56.8% of total assets), but 65.8% of the assets are financed with debt and provisions.

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 41, micro): better than 41% on solvency, 87% on liquidity, 41% on profitability and 41% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Five signals.

lowers riskraises riskneutral

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Liquidity: current ratio 2.23, cash €356,312

NBB · annual accounts

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 23-12-2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

43 days early

2024

42 days early

2023

41 days early

2022

39 days early

2021

41 days early

2020

44 days early

2019

36 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

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 21 December (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-12-2025 Annual accounts filedfinancial year 2025 · full…
20-12-2024 Annual accounts filedfinancial year 2024 · full…
30-06-2024 Back to profitnet €64,499

Key points

Caution: Result fell in 2025from €64,499 to €4,393 ▼ 93.2% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Total assets: €627,475
Profit: €4,393
Solvency: 34.2%

Total assets▲ 68.0%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member

DEVILLE ArnaudDirector

Go to Board & ownership

Timeline

Events: 23
Since: 2008
Next accounts: by 31-01-2027

30-06-2024Equity above €200,000
12-01-2024Resignation: DEVILLE Arnaud (manager)
21-12-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 06-02-2006
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 25

Financial year: From 1 January to 31 December
Annual meeting: Second Friday of December at 19:00
Purpose: “Faire,pour son compte ou pour le compte d'autrui,tant en Belgique qu'à…” (deed in French)

Go to Articles of association

Key facts about BLUE CEDAR

What is the company number of BLUE CEDAR?: 0879.166.230. In Belgium the VAT number is the company number with BE in front: BE 0879.166.230.
Where is BLUE CEDAR based?: The registered office is at Thujastraat 13, 1170 Watermaal-Bosvoorde.Company details
What does BLUE CEDAR do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BLUE CEDAR?: Private limited company (BV).
When was BLUE CEDAR founded?: On 06-02-2006.
Is BLUE CEDAR still active?: Yes, BLUE CEDAR is an active enterprise in the KBO register.
How many employees does BLUE CEDAR have?: On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BLUE CEDAR?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BLUE CEDAR profitable?: In financial year 2025, BLUE CEDAR made a profit of €4,393.
Where can I find the annual accounts of BLUE CEDAR?: BLUE CEDAR filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLUE CEDAR due?: By 31-01-2027, for financial year 2026.Timeline