The computed 12-month bankruptcy probability of BLUE FROZEN is 7.6% (elevated). For BLUE FROZEN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €225,908 and a net result of €125,558. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2023 (filed 17-07-2024)No filing in 24 months (latest 17-07-2024)Ex-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: total assets €975,359neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency48+1
equity 23.2% of total assets
Liquidity9=
short-term debt 76.8% · cash 0.4%
Profitability85-6
return on assets 12.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
7.6%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 0.3%12-2024: 0.3%● unchanged vs 11-202401-2025: 0.3%● unchanged vs 12-202402-2025: 0.3%● unchanged vs 01-202503-2025: 0.3%● unchanged vs 02-202504-2025: 0.3%● unchanged vs 03-2025lowest value05-2025: 0.3%● unchanged vs 04-202506-2025: 0.4%▲ +0.1 percentage points vs 05-202507-2025: 0.4%● unchanged vs 06-202508-2025: 0.6%▲ +0.2 percentage points vs 07-202509-2025: 0.7%▲ +0.1 percentage points vs 08-202510-2025: 1.2%▲ +0.5 percentage points vs 09-202511-2025: 1.3%▲ +0.1 percentage points vs 10-202512-2025: 1.6%▲ +0.3 percentage points vs 11-202501-2026: 2.4%▲ +0.8 percentage points vs 12-202502-2026: 4.5%▲ +2.1 percentage points vs 01-202603-2026: 4.5%● unchanged vs 02-202604-2026: 4.3%▼ -0.2 percentage points vs 03-202605-2026: 4.3%● unchanged vs 04-202606-2026: 4.2%▼ -0.1 percentage points vs 05-202607-2026: 4.2%● unchanged vs 06-202608-2026: 7.5%▲ +3.3 percentage points vs 07-202609-2026: 7.5%● unchanged vs 08-202610-2026: 7.6%▲ +0.1 percentage points vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
This company filed its last 2 accounts on average 52 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.