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Blue Drovers

Active Private limited companyfounded 2021active for 5 yearsSpiltstraat 206, 1980 ZemstKBO/BCE: BE 0770.890.573

Lifetime

4 annual accounts with figures on one time axis
Gross marginpeak €17,274 (2025)
€17,274▲ 28.5%
Resultpeak €13,422 (2023)
€12,666▲ 22.6%
Equitypeak €28,376 (2023)
€1,000unchanged
Debts
€20,703▼ 35.6%
Board2 names since 2022
2 directorsDe Beck Leen and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €13,441 to €17,274Dividend €12,666Debts from €32,155 to €20,703Cash from €32,742 to €17,854

Key points

from the 2025 annual accounts

Equity

€1,000 =
1,0002024+12,666Profit-12,666Dividend1,0002025

Blue Drovers paid out €12,666 in dividends. That is 100% of the 2025 profit.

Turnover

≈ €64,000 estimated

The micro format states no turnover.

Debts

€20,703 95% of the balance sheet
Suppliers 4%Taxes and wages 9%Other 87%

Investments

€2,500 18.2 × depreciation

Green is investment, beige is depreciation.

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came 28 days late. The other three were filed on time.

Position in the sector

€1,000

Less equity than 81% of companies in crop and animal production. Sector median €82,886 · 3,717 companies.

Checked score

94
Excellent
Financially stronger than 50% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 5,695 companies (NACE 01, micro).

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

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

Financial strength
Strong

Solvency
30+2equity 4.6% of total assets
Liquidity
50=short-term debt 95.4% · cash 82.3%
Profitability
100=return on assets 58.4%

Score breakdown

raises risk
Equity €1,000 (4.6% of total assets)
lowers risk
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Liquidity: current ratio 0.93, cash €17,854
Size: total assets €21,703
Calculation

The band follows from the bankruptcy probability. 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 01, micro). It does better than 19% of them on solvency, 50% on liquidity, 96% on profitability and 36% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as Blue Drovers has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of Blue Drovers itself is lower: 0.1% within 12 months. It rests on far more data about Blue Drovers than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for Blue Drovers. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Liquidity: current ratio 0.93, cash €17,854
NBB · annual accounts
lowers risk · Size: total assets €21,703
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €1,000 (4.6% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 3716 sector peers (2025).
NBB · sector comparison
Position among 3716 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
28 days late
2024
45 days early
2023
56 days early
2022
54 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 32 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DB
Director
FO
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0770890573
2 managers resigning, 2 directors reappointed Resignations: Feyten Olivier (statutory manager) and De Beck Leen (statutory manager) · Reappointments: Feyten Olivier (director) and De Beck Leen (director) · Legal-form conversion: from general partnership to private limited company · Gazette deed
Incorporation published on 12-07-2021 · Gazette deed
First establishment Spiltstraat 206, Zemst
All 10 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
Blue Drovers Zemst €21,703 €17,274 4.6% -
BEE IMPACT Liège €20,220 €13,700 62.3% -
MANURIN Sint-Pieters-Leeuw €40,015 €16,123 38.3% 0
BEESYBEE Diest €23,809 €7,938 0.0% -
RUCHER DU CHANTELOUP Verviers €34,871 €15,736 45.4% -
OKTUPOES Lier €30,489 €8,324 -0.6% -
SAFE BE Lasne €43,808 €24,992 -185.4% -

These companies have the same main activity as Blue Drovers: raising of other animals (NACE 01480). They are comparable in size and age: total assets between €20,200 and €43,800, founded between 2019 and 2022.

Official details

Source: KBO
Status
Active since 08-07-2021Normal situation
Activity
Raising of other animalsNACE 01480
Establishment unit
2.319.238.5241980 Zemst, since 08-07-2021
Financial year end
31 December
Peppol
Reachable since 23-05-2025
Company details

Annual accounts 2025

Total assets
€21,703▼ 34.5%
Filing
Filed on 28-08-2026
Financials

Insights on Blue Drovers

Blue Drovers files the micro format. That format states no turnover. The gross margin rose from €9,952 in 2022 to €17,274 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Blue Drovers

What is the company number of Blue Drovers?
The company number of Blue Drovers is 0770.890.573. The VAT number is the same number with BE in front: BE 0770.890.573.
Where is Blue Drovers based?
The registered office is at Spiltstraat 206, 1980 Zemst.Company details
What does Blue Drovers do?
According to the KBO register, the main activity is raising of other animals (NACE 01480).
What is the legal form of Blue Drovers?
Blue Drovers is a private limited company (BV).
When was Blue Drovers founded?
Blue Drovers was founded on 08-07-2021.
Is Blue Drovers still active?
Yes, Blue Drovers is an active enterprise in the KBO register.
What is the turnover of Blue Drovers?
The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €17,274 and 33 comparable companies (NACE 01). It probably lies between €31,000 and €150,000. It is a rough estimate.Financials
Is Blue Drovers profitable?
In financial year 2025, Blue Drovers made a profit of €12,666.
Where can I find the annual accounts of Blue Drovers?
Blue Drovers filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Blue Drovers due?
Blue Drovers must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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