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BLUE GINGER

Active
Private limited companyfounded 2014active for 11 yearsOorlogsvrijwilligerslaan 14, 8200 Brugge, BelgiumKBO/BCE: BE 0568.529.173
Summary

BLUE GINGER has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€954) and a net result of €1,740. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 12,382 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Retail sale of watches and jewellery
NACE 47770
1 site
Size
€7,932total assets 2025
Equity
-€954
Profit
€1,740
Turnover not published (abbreviated or micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 22 days early0 of 4 deeds read
Why 56raises riskCapped at 59: negative equityNegative equity -€954Sector: Retail trade (NACE 47)lowers riskSize: total assets €7,932Founded in 2014Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 47, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 13+13
equity -12.0% of total assets
Liquidity 39-11
short-term debt 112.0% · cash 31.3%
Profitability 92+92
return on assets 21.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,191 companies, NACE 47, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.7%▼ -0.1 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.89, compared with 0.72 in 2024; short-term debt: 112% and cash: 31.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 15% on solvency, 37% on liquidity, 87% on profitability and 89% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €7,932
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€954
NBB · annual accounts
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 12382 sector peers (2025).
NBB · sector comparison
Position among 12382 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
8 days early
2023
13 days early
2022
20 days early
2021
24 days early
2020
16 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €1,740
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€954 View
  • Caution: Among the weakest 10% on solvencysector median 36.9% · 12,382 companies -12.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€7,932
Profit
€1,740
Solvency
-12.0%
Total assets▲ 33.1%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-07-2027
  1. 18-07-2024Annual accounts filed
  2. 11-07-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of watches and jewelleryNACE 47770
Founded
31-12-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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