Financials
- Fiscal year
- 2025
- Total assets
- €52,394
- Loss
- -€26,652
- Solvency
- 85.9%
Total assets▼ 38.7%
Net result
20212025
BLUE DUCK
ActiveSummary
The annual accounts of BLUE DUCK for fiscal year 2025 show a net loss of 51% of total assets. The 2025 annual accounts show equity of €44,997 and a net result of -€26,652. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 2204 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Specialised image, lighting and sound technical services
NACE 90393NACE 90023
1 site
Size
€52,394total assets 2025
- Equity
- €44,997
- Loss
- -€26,652
Turnover not published (abridged schema)
Structure
Accounts filed 21 d late0 of 1 deed read
Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €26,652, the second in a row (FY 2025)+ Sector Arts creation and performing arts activities (NACE 90)+ Size: total assets €52,394+ Equity €44,997 (85.9% of total assets)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency
100=
equity 85.9% of total assets
Liquidity
57-6
short-term debt 14.1% · cash 7.6%
Profitability
4+1
return on assets -50.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 9 months
02-2026: 0.2%lowest value
03-2026: 0.2%▲ +1.9% vs 02-2026
04-2026: 0.2%▲ +7.6% vs 03-2026
05-2026: 0.2%▲ +8.3% vs 04-2026
06-2026: 0.2%▲ +4.4% vs 05-2026
07-2026: 0.2%▲ +4.7% vs 06-2026
08-2026: 0.4%▲ +98.0% vs 07-2026highest value
09-2026: 0.3%▼ -32.1% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Sector Arts creation and performing arts activities (NACE 90) lowers the probability
- Loss of €26,652, the second in a row (FY 2025) raises the probability
- Size: total assets €52,394 lowers the probability for this profile
- Equity €44,997 (85.9% of total assets) lowers the probability
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.64 against 5.94 in 2024; short-term debt: 14.1% and cash: 7.6% of total assets), and 14.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 88%, liquidity 47%, profitability 16%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€26,652
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
21 d late
2024
14 d late
2023
26 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€35,312
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 21-08-2026Annual accounts filed
- 14-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Specialised image, lighting and sound technical servicesNACE 90393
- Founded
- 05-10-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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