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Complete company report
Generated 18-08-2026
Active BE 0652.619.859Private limited company (pre-2019)Open bankruptcy

BLUE DENIM

· 10 yrs active
Conclusion Checked

A bankruptcy procedure is open for BLUE DENIM according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2022 annual accounts show equity of €19k and a net result of €25k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €19k
Net result €25k
Active 10 yrs
Board 2
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency22Growth52Stability0
35 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 22
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
55 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 interim measure (+5)
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 07-10-2023 with the NBB · fiscal year 2022 · micro
€-50k€-25k€0€25k€50k€75kRevenue 2018: €64k€64kOperating result 2018: €955€955Net result 2018: €4k€4kRevenue 2019: €49k€49kOperating result 2019: €-29k€-29kNet result 2019: €-25k€-25kRevenue 2020: €33k€33kOperating result 2020: €382€382Net result 2020: €-25k€-25kOperating result 2021: €620€620Net result 2021: €261€261Operating result 2022: €25k€25kNet result 2022: €25k€25k20182019202020212022
RevenueOperating resultNet result
Revenue
€33k
-33.0% 18-22
Net profit
€25k
+9421.8% 18-22
Total assets
€160k
+111.0% 18-22
Equity
€19k
- 18-22
Working capital
€19k
- 18-22
Employees (FTE)
1
- 18-22
Staff costs
€43k
+40.6% 18-22
Income taxes
€246
- 18-22
Show 9 other metrics
Debt
€142k
+72.6% 18-22
Debt ≤ 1y
€142k
+72.6% 18-22
Current ratio
1.13
+22.2% 18-22
Quick ratio
0.06
+172.6% 18-22
Solvency
11.8%
- 18-22
Debt / equity
7.51
- 18-22
ROE
131.7%
- 18-22
ROA
15.5%
+4413.3% 18-22
Net margin
-75.5%
-48.7% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€25k
Cash flow-
Staff costs€43k
Income taxes-
Dividends-
Total assets€160k
Equity€19k
Debt€142k
of which ≤ 1y€142k
of which > 1y-
Working capital€19k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.13
Quick ratio0.06
Working capital ratio11.8%
Solvency11.8%
Debt / equity7.51
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA15.5%
ROE131.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€160k
Current assets 29/58€160k
Stocks & contracts in progress 3€152k
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€160k
Equity 10/15€19k
Contributions / capital 10/11€19k
Reserves 13€287
Accumulated profits (losses) 14€71
Amounts payable 17/49€142k
Amounts payable within one year 42/48€142k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€70k
Operating result 9901€25k
Financial charges 65€458
Result before taxes 9903€25k
Net result for the period 9904€25k
Result to be appropriated 9905€25k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Qureshi Arif
    Director
    State Gazette act 24091948 (18-06-2024)
    Current
    15-12-2023 → present
  • Sheikh Faiza
    Director
    State Gazette act 22047092 (12-04-2022)
    Current
    01-01-2022 → present
Former directors (2)
  • Ahmad ljaz
    Director
    State Gazette act 24091948 (18-06-2024)
    Former
    - → 15-12-2023
  • Parveen Riffat
    Director
    State Gazette act 22047092 (12-04-2022)
    Former
    - → 31-12-2021
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator ALAIN CLEYMAN
PR. JOS. CHARLOTTELAAN 71, 9100 SINT-NIKLAAS
 11-08-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation18-04-2016
StatusActive
Postal code-
First BS signal 07-07-2025
Latest BS signal 18-08-2025
Establishment units 1 location
BLUE DENIM
Offerandestraat 31, 2060 AntwerpenDetailhandel in damesbovenkleding
since 20162.253.459.854
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 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46446B0827/00H000 Flanders 604 m² - -
11808H0561/00W021 Flanders 95 m² 1 · 95 m² 14.3 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

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

2025
18-08-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · BLUE DENIM BV GROTE HEIMELINKSTRAAT 67, 9100 SINT-NIKLAAS · event 11-08-2025
07-07-2025
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
2024
18-06-2024
State Gazette act Capital & shares
2023
07-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
04-10-2022
State Gazette act Capital & shares
03-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
12-04-2022
State Gazette act Capital & shares
2021
27-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
29-12-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
29-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
24-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
03-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals2 events
18-08-2025
Bankruptcy Opening
Date: 11-08-2025 · Ondernemingsrechtbank Gent, afdeling Dendermonde · BLUE DENIM BV GROTE HEIMELINKSTRAAT 67, 9100 SINT-NIKLAAS · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 07-07-2025 to 11-08-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-07-07 · Interim measure · Provisional administrator2025-08-18 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 11 acts read

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts
Capital history · 3
18-06-2024
Capital change
04-10-2022
Capital change
12-04-2022
Capital change
All acts · 3 updated 2 years ago
2024
18-06-2024 Transaction in capital or shares Capital & shares
Technical details 
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    {
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      "delta_eur": null,
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      "subscribers": [
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          "name": "Qureshi Arif",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
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      "decrease_purpose": null,
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  "notary": {
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  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-05-27",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-05-27",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-12-15"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0652.619.859",
    "name_full": "BLUE DENIM",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Qureshi Arif",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2022
04-10-2022 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Ahmad Ijaz",
          "share_class": "maatschappelijke aandelen",
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-10-04",
    "filing_date": "2022-09-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2022-09-21",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-07-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0652.619.859",
    "name_full": "BLUE DENIM",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Ahmad Ijaz",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": "maatschappelijke aandelen"
    },
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "Sheikh Faiza",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": "maatschappelijke aandelen"
    }
  ],
  "share_classes_after": [
    {
      "n_shares": 100,
      "class_name": "maatschappelijke aandelen",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
}
12-04-2022 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Sheikh Faiza",
          "share_class": "maatschappelijke aandelen",
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-04-12",
    "filing_date": "2021-12-31",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2022-01-29",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2021-12-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0652.619.859",
    "name_full": "BLUE DENIM",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
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    "org_kbo": null,
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Sheikh Faiza",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": "maatschappelijke aandelen"
    },
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "Parveen Riffat",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": "maatschappelijke aandelen"
    }
  ],
  "share_classes_after": [
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      "class_name": "maatschappelijke aandelen",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL BLUE DENIM
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative