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Generated 15-08-2026
Active BE 0837.271.633Private limited company

BLUE HEAT

Kievitlaan 6 ·2820 Bonheiden, Belgium· 15 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of BLUE HEAT is 0.1% (very low). The 2024 annual accounts show equity of €337k and a net result of €353k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 1397 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €337k
Net result €353k
Staff (FTE) 1.8
Better than sector 53%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health94Profitability100Solvency85Growth78Stability100
91 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 100
Solvency 85
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · verkort
€0€100k€200k€300k€400kOperating result 2020: €44k€44kNet result 2020: €169k€169kOperating result 2021: €74k€74kNet result 2021: €73k€73kOperating result 2022: €125k€125kNet result 2022: €110k€110kOperating result 2023: €315k€315kNet result 2023: €282k€282kOperating result 2024: €357k€357kNet result 2024: €353k€353k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~14.6%/year over 7 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k€500k2025: €386k (€360k - €413k)2026: €443k (€416k - €470k)2027: €508k (€481k - €535k)2018: €149k2019: €170k2020: €202k2021: €205k2022: €244k2023: €336k2024: €337k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 46.7% 43.5%
better than 53% of 1397 sector peers
Net result €353k €41k
better than 88% of 1398 sector peers
Equity €337k €163k
better than 66% of 1398 sector peers
Gross operating margin €502k €72k
better than 90% of 1397 sector peers
Staff costs €124k €107k
higher than 53% of 257 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€375k
+16.2% 18-24
Net profit
€353k
+25.2% 18-24
Cash flow
€371k
+27.9% 18-24
Total assets
€721k
+14.7% 18-24
Equity
€337k
+0.3% 18-24
Working capital
€269k
+5.6% 18-24
Employees (FTE)
2
+12.5% 18-24
Staff costs
€124k
+28.4% 18-24
Income taxes
€1k
-96.8% 18-24
Debt
€384k
+31.3% 18-24
Debt ≤ 1y
€384k
+31.3% 18-24
Current ratio
1.70
-9.1% 18-24
Quick ratio
1.52
-18.6% 18-24
Solvency
46.7%
-12.6% 18-24
Debt / equity
1.14
+31.0% 18-24
ROE
104.7%
+24.9% 18-24
ROA
48.9%
+9.1% 18-24
Interest coverage
120.11
-36.6% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€375k
Net profit€353k
Cash flow€371k
Staff costs€124k
Income taxes€1k
Dividends-
Total assets€721k
Equity€337k
Debt€384k
of which ≤ 1y€384k
of which > 1y-
Working capital€269k
Employees (FTE)1.8
Ratios (computed)
2024
Current ratio1.70
Quick ratio1.52
Working capital ratio37.3%
Solvency46.7%
Debt / equity1.14
Long-term debt ratio-
Interest coverage120.11
Gross margin-
Net margin-
ROA48.9%
ROE104.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€721k
Fixed assets 21/28€68k
Intangible fixed assets 21€5k
Tangible fixed assets 22/27€64k
Current assets 29/58€653k
Stocks & contracts in progress 3€68k
Amounts receivable within one year 40/41€317k
Cash & bank 54/58€260k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€721k
Equity 10/15€337k
Contributions / capital 10/11€30k
Reserves 13€3k
Accumulated profits (losses) 14€304k
Amounts payable 17/49€384k
Amounts payable within one year 42/48€384k
Trade debts payable within one year 44€169k
Income statement
Gross operating margin 9900€502k
Operating result 9901€357k
Financial income 75€0
Financial charges 65€3k
Result before taxes 9903€354k
Income taxes 67/77€1k
Net result for the period 9904€353k
Result to be appropriated 9905€353k
You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • BERLOOT INVESTLegal entity
    Director
    State Gazette act 25013363 (27-01-2025)
    Current
    25-01-2025 → present
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
  • BERLOOT INVESTLegal entity
    Permanent representative· perm. rep.: Jonas AMELOOT
    State Gazette act 25013363 (27-01-2025)
    Permanent representative
    27-01-2025 → present
Former directors (2)
  • BLAUWTECHNIEKLegal entity
    Director
    State Gazette act 25013363 (27-01-2025)
    Former
    - → 25-01-2025
  • CHANSELegal entity
    Director
    State Gazette act 25013363 (27-01-2025)
    Former
    - → 25-01-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Private limited company(610)
Incorporation23-06-2011
StatusActive
Postal code2820
Establishment units 1 location
Kievitlaan 6, 2820 Bonheiden
Vervaardiging van hydraulische overbrengingsmechanismen
since 20112.200.962.563
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005D0108/00N000 Flanders 1,818 m² 1 · 318 m² 8.6 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
04-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
27-01-2025
State Gazette act Capital & shares
2024
18-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
07-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
29-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
06-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
09-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
29-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
30-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
22-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
Capital history · 1
27-01-2025
Capital change
All acts · 1 updated 1 year ago
2025
27-01-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
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      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
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      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2025-01-20",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "act_date": "2025-01-25",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-12-13"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0837.271.633",
    "name_full": "BLUE HEAT",
    "legal_form": "besloten vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0875.430.542",
    "org_name": "VGD Accountants en Belastingconsulenten",
    "person_name": "Inge Marquenie",
    "org_rep_person_name": "Inge Marquenie",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Vervaardiging van andere machines, apparaten en werktuigen voor specifieke doeleinden, n.e.g.28990Vervaardiging van andere machines voor specifieke doeleinden neg28990
Primary activity highlighted.
Names & trade names
Legal nameNL BLUE HEAT
Registered office
Kievitlaan 6
2820 Bonheiden, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative