Blue e-Motion
ActiveSummary
Blue e-Motion has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,301) and a net result of -€2,833. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 3,395 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-01-1994 Normal situation
- Registered office
- 104 active companies are registered at this address 16 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Computer programming NACE 62100and 3 others
- Establishment unit
- 2.065.343.103 1380 Lasne, since 24-01-1994
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- DE SCHOUWER LaurentManaging director
- DETANDT FrançoisDirector · since 22-12-2023
- DUCHATEAU AlainDirector · since 22-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €128,324
- ▼ 10.0%
- Turnover
- ≈ €200,000
- estimated
- Loss
- €2,833
- ▼ 41.9%
- Equity
- -€53,301
- ▼ 5.6%
- Total assets
- €105,821
- ▼ 8.4%
- Employees on 31-12-2025
- 2
- =
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€53,3011 change of registered office in 24 monthslowers riskSize: total assets €105,821Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 3% of them on solvency, 27% on liquidity, 14% on profitability and 34% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 32 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €717, smaller than the loss of €2,972 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 3 | 2 | 2 |
| full-time | 3 | 2 | 3 | 2 | 2 |
| in full-time equivalents | 3 | 2 | 3 | 2 | 2 |
| Average over the year, in full-time equivalents | 3 | 3 | 2.3 | 2.4 | 2 |
| On a permanent contract | 3 | 2 | 2 | 2 | 2 |
| Joined | - | 1 | 2 | 2 | 1 |
| Left | - | 3 | 1 | 3 | 1 |
| Training hours | - | - | - | 874 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €692 | - | - | €1,584 | €2,189 |
| Financial fixed assets | - | - | - | - | €1,580 |
| Depreciation and write-downs of the year | €146 | €231 | €231 | €103 | €632 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €147,360 | €173,295 | €156,852 | €145,029 | €127,960 | ▼ 11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €523 | €523 | €523 | €146 | €231 | €231 | €103 | €632 | ▲ 511% |
| Other operating charges640/8 | - | - | - | €398 | €398 | €434 | €437 | €450 | ▲ 2.8% |
| Gross operating margin9900 | €214,588 | €145,863 | €182,046 | €239,322 | €119,057 | €112,417 | €142,598 | €128,324 | ▼ 10.0% |
| Operating profit (loss)9901 | €35,891 | -€17,083 | €55,325 | €91,419 | -€54,866 | -€45,099 | -€2,972 | -€717 | ▲ 75.9% |
| Financial income75/76B | - | - | - | €150 | €3 | €5 | €231 | - | - |
| Recurring financial income75 | €53 | - | €14 | €150 | €3 | €5 | €231 | - | - |
| Financial charges65/66B | - | - | - | €721 | €616 | €1,174 | €1,978 | €1,951 | ▼ 1.4% |
| Recurring financial charges65 | €835 | €816 | €728 | €721 | €616 | €1,174 | €1,978 | €1,951 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €35,109 | -€17,899 | €54,612 | €90,847 | -€55,480 | -€46,269 | -€4,720 | -€2,668 | ▲ 43.5% |
| Income taxes67/77 | €279 | €169 | €136 | €1,818 | €140 | €164 | €160 | €165 | ▲ 3.1% |
| Profit (loss) for the period9904 | €34,830 | -€18,068 | €54,476 | €89,030 | -€55,620 | -€46,433 | -€4,880 | -€2,833 | ▲ 41.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €11,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €34,830 | -€18,068 | €54,476 | €100,030 | -€55,620 | -€46,433 | -€4,880 | -€2,833 | ▲ 41.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €182,695 | €201,881 | €230,503 | €218,058 | €176,325 | €113,171 | €115,519 | €105,821 | ▼ 8.4% |
| Fixed assets21/28 | €3,921 | €3,398 | €2,875 | €3,421 | €3,190 | €2,960 | €4,441 | €7,578 | ▲ 70.7% |
| Tangible fixed assets22/27 | €1,046 | €523 | - | €546 | €315 | €85 | €1,566 | €3,123 | ▲ 99.5% |
| Furniture and vehicles24 | - | - | - | €546 | €315 | €85 | €1,566 | €3,123 | ▲ 99.5% |
| Financial fixed assets28 | €2,875 | €2,875 | €2,875 | €2,875 | €2,875 | €2,875 | €2,875 | €4,455 | ▲ 55.0% |
| Current assets29/58 | €178,774 | €198,483 | €227,628 | €214,637 | €173,134 | €110,211 | €111,079 | €98,243 | ▼ 11.6% |
| Amounts receivable within one year40/41 | €159,801 | €122,960 | €107,048 | €37,703 | €46,277 | €61,115 | €42,236 | €44,054 | ▲ 4.3% |
| Trade receivables40 | - | - | - | €30,946 | €41,519 | €61,115 | €42,146 | €43,719 | ▲ 3.7% |
| Other amounts receivable41 | - | - | - | €6,757 | €4,758 | - | €90 | €335 | ▲ 272% |
| Cash at bank and in hand54/58 | €16,208 | €74,555 | €118,881 | €168,496 | €116,250 | €44,189 | €63,133 | €48,680 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | - | - | - | €8,438 | €10,606 | €4,908 | €5,709 | €5,509 | ▼ 3.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €182,695 | €201,881 | €230,503 | €218,058 | €176,325 | €113,171 | €115,519 | €105,821 | ▼ 8.4% |
| Equity10/15 | -€68,972 | -€87,040 | -€32,565 | €56,465 | €845 | -€45,588 | -€50,468 | -€53,301 | ▼ 5.6% |
| Contributions10/11 | €146,200 | €146,200 | €146,200 | €189,580 | €189,580 | €189,580 | €189,580 | €189,580 | = |
| Capital10 | - | - | - | €146,200 | €146,200 | €146,200 | €146,200 | €146,200 | = |
| Issued capital100 | - | - | - | €146,200 | €146,200 | €146,200 | €146,200 | €146,200 | = |
| Contributions outside capital11 | - | - | - | €43,380 | €43,380 | €43,380 | €43,380 | €43,380 | = |
| Share premium1100/10 | - | - | - | €43,380 | €43,380 | €43,380 | €43,380 | €43,380 | = |
| Reserves13 | €113,605 | €113,605 | €113,605 | €102,605 | €102,605 | €102,605 | €102,605 | €102,605 | = |
| Non-distributable reserves130/1 | - | - | - | €9,762 | €9,762 | €9,762 | €9,762 | €9,762 | = |
| Legal reserve130 | - | - | - | €9,762 | €9,762 | €9,762 | €9,762 | €9,762 | = |
| Distributable reserves133 | - | - | - | €92,843 | €92,843 | €92,843 | €92,843 | €92,843 | = |
| Profit (loss) carried forward14 | -€372,157 | -€390,225 | -€335,750 | -€235,720 | -€291,340 | -€337,773 | -€342,653 | -€345,486 | ▼ 0.8% |
| Amounts payable17/49 | €251,667 | €288,921 | €263,068 | €161,593 | €175,479 | €158,759 | €165,987 | €159,122 | ▼ 4.1% |
| Amounts payable within one year42/48 | €251,667 | €230,101 | €213,093 | €161,593 | €175,479 | €158,759 | €165,987 | €159,122 | ▼ 4.1% |
| Trade debts44 | €25,544 | €3,182 | €34,155 | €14,579 | €32,564 | €12,200 | €24,884 | €17,328 | ▼ 30.4% |
| Suppliers440/4 | - | - | - | €14,579 | €32,564 | €12,200 | €24,884 | €17,328 | ▼ 30.4% |
| Taxes, remuneration and social security45 | - | - | - | €22,972 | €18,818 | €22,503 | €17,048 | €17,738 | ▲ 4.0% |
| Taxes450/3 | - | - | - | - | - | €5,319 | €1,543 | €4,780 | ▲ 210% |
| Remuneration and social security454/9 | - | - | - | €22,972 | €18,818 | €17,184 | €15,505 | €12,958 | ▼ 16.4% |
| Other amounts payable47/48 | - | - | - | €124,042 | €124,097 | €124,055 | €124,055 | €124,055 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,830 | -€18,068 | €54,476 | €89,030 | -€55,620 | -€46,433 | -€4,880 | -€2,833 | ▲ 41.9% |
| + Depreciation and write-downs630 | €523 | €523 | €523 | €146 | €231 | €231 | €103 | €632 | ▲ 511% |
| Operating cash flow (approximation) | €35,353 | -€17,545 | €54,999 | €89,176 | -€55,389 | -€46,202 | -€4,776 | -€2,201 | ▲ 53.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€692 | €0 | €0 | -€1,584 | -€3,769 | ▼ 138% |
| Change in cash | - | €58,347 | €44,326 | €49,616 | -€52,246 | -€72,062 | €18,945 | -€14,453 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,796 companies had the same profile as Blue e-Motion has now. Two years later, 2.1% had gone bankrupt and 90.4% were still going.
- Micro
- 20 years or older
- negative equity
- a small loss
Another 1.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Blue e-Motion itself is lower: 0.4% within 12 months. It rests on far more data about Blue e-Motion 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.
| 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 2,796 companies, not a prediction for Blue e-Motion. 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.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-06-2026 | 2026-00188606 | |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00158799 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00226934 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00192179 | |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20053563 | |
| 31-12-2020 | micro format | 15-06-2021 | 2021-20000394 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31400145 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-37600014 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-52800329 | |
| 30-12-2016 | full format | 31-05-2017 | 2017-14100203 |
Board & ownership
Directors
Board 3
Day-to-day management 1
Owners and capital
Capital transactions
- 05-01-2024 Capital stated in the deed · €146,200 · 1,462 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DE SCHOUWER Laurent |
|
| DETANDT François |
|
| DUCHATEAU Alain |
|
| MBI SERVICES |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Six ans au plus, 5”
Articles of association, deed of 05-01-2024 (in French)
Network & group
Blue e-Motion shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of Blue e-Motion. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-09
Gazette deed
Registered office moved from Lasne to Braine-L'Alleud1 point ▸
- Registered-office move, Boulevard de France 9A à 1420 Braine-L'Alleud
05-01
Gazette deed
Reappointments: DE SCHOUWER Laurent, DUCHATEAU Alain and DETANDT FrançoisAmendment of the articles · Capital · Director discharge12 points ▸
- General meeting, “assemblée générale extraordinaire des actionnaires” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €146,200
- Director reappointment, DE SCHOUWER Laurent (director (not named in the articles))
- Director reappointment, DUCHATEAU Alain (director (not named in the articles))
- Director reappointment, DETANDT François (director (not named in the articles))
- Director discharge, DE SCHOUWER Laurent
- Director discharge, DUCHATEAU Alain
- Director discharge, DETANDT François
- Registered office clause, “1380 Lasne,chaussée de Louvain 431/E” (deed in French)
- Board meeting, “immédiatement après l'assemblée générale, conseil d'administration” (deed in French)
- Director reappointment, DE SCHOUWER Laurent (managing director)
03-04
Gazette deed
Permanent representative: Marc BigliaResignation: MBI Services (director)3 points ▸
- General meeting, 15-12-2022
- Permanent representative, Marc Biglia
- Director resignation, MBI Services (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 1380 Lasne until 01-11-2025 · act of 24-09-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
13 activities
- La conception, la création, le développement, la commercialisation et la gestion de produits relatifs au Web tels que, sans que cette liste soit exhaustive, la création et la maintenance de sites web, d’e-shops, de social apps, d’applications mobiles, le lancement de campagnes e-mail ou encore le référencement et l’hébergement de sites web
- La conception, la création, le développement, la commercialisation de produits relatifs au print tels que, sans que cette liste soit exhaustive, les logotypes, les dépliants commerciaux, les cartes de visite, les plaquettes, les affiches, les panneaux, les annonces, les posters, les imprimées d’édition
- La conception, la création, la commercialisation, l’importation, l’exportation de tous produits textiles et de leurs dérivés
- La conception, la commercialisation, le conseil et la réalisation de tout élément, de quelque nature que ce soit, de design
- La création, l’édition, le développement, la production de contenus numériques ou média
- La photographie et ses dérivés
- Toute opération qui a directement ou indirectement un lien avec l’audiovisuel, la vidéo
- La conception et/ou la commercialisation des systèmes de software et/ou de hardware
- La communication sous toutes ses formes et la publicité
- L’organisation de manifestations ou d’évènements
- La valorisation de toutes connaissances techniques non brevetées
- L’achat, l’échange, la vente, la prise en location, et en sous location, la gestion ainsi que la cession en location et en sous location, le tout avec ou sans option d’achat, l’exploitation et l’entretien de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines et de manière générale, de tous biens immobiliers et droits réels
- Et toutes fonctions de consultance et/ou de service liées aux domaines pré-rappelés, le conseil, la formation, l’expertise technique, et l’assistance, la prestation de service et l’intervention en tant qu’intermédiaire dans les domaines précités
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25744D0293/00R003 | Wallonia | 7,876 m² | 1 · 860 m² | 17.9 m · 5 |
| 25076F0006/00S005 | Wallonia | 3,200 m² | 1 · 156 m² | 12.8 m · 2 |