Blue Management Services
ActiveBlue Management Services is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €601k and a net result of €20k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 7974 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
85 d late
2023
18 d early
2022
on the day
2021
4 d early
2020
1 d early
2019
14 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€601k▲ 3.4%
2024 · €581k
2018: €66k
2019: €142k
2020: €247k
2021: €316k
2022: €361k
2023: €427k
2024: €581k
2018 → 2025
Net result
€20k▼ 87.1%
2024 · €154k
2018: €54k
2019: €76k
2020: €105k
2021: €85k
2022: €45k
2023: €66k
2024: €154k
2018 → 2025
Total assets
€1.56M▲ 114%
2024 · €729k
2018: €461k
2019: €440k
2020: €570k
2021: €576k
2022: €592k
2023: €583k
2024: €729k
2018 → 2025
Solvency
38.6%▼ 41.1pp
2024 · 79.7%
2018: 14.3%
2019: 32.3%
2020: 43.3%
2021: 54.9%
2022: 61.0%
2023: 73.2%
2024: 79.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€268k-€338k▲ 26.1%
Equity€316k-€361k▲ 14.1%€427k▲ 18.1%€581k▲ 36.2%€601k▲ 3.4%
Operating result€126k-€155k▲ 23.7%€104k▼ 33.0%€107k▲ 2.5%€-1k
Net result€85k-€45k▼ 47.2%€66k▲ 46.4%€154k▲ 136%€20k▼ 87.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €107k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€1.21M▲ 9,589%
Current assets
€351k▼ 50.9%
Equity and liabilities €1.56M
Equity
€601k▲ 3.4%
Debt
€956k▲ 548%
The debt ratio rises from 20.3% to 61.4%: debt grows faster than equity.
Key figures and ratios
Solvency
38.6%▼
2024 · 79.7%
ROE
3.3%▼
2024 · 26.6%
ROA
1.3%▼
2024 · 21.2%
Debt
€956k▲
2024 · €148k
Debt ≤ 1 year
€933k▲
2024 · €117k
Debt > 1 year
€24k▼
2024 · €31k
Income taxes
€15k▼
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€729k€1.56M▲
Fixed assets21/28€12k€1.21M▲
Tangible fixed assets22/27€12k€9k▼
Plant, machinery and equipment23€2k€1k▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28-€1.20M
Current assets29/58€716k€351k▼
Amounts receivable after more than one year29-€292k
Other amounts receivable291-€292k
Amounts receivable within one year40/41€698k€52k▼
Trade receivables40€77k€43k▼
Other amounts receivable41€621k€9k▼
Cash at bank and in hand54/58€17k€8k▼
Deferred charges and accrued income490/1€893€234▼
Equity and liabilities
Total equity and liabilities10/49€729k€1.56M▲
Equity10/15€581k€601k▲
Contributions10/11€12k€12k=
Reserves13€569k€589k▲
Distributable reserves133€569k€589k▲
Amounts payable17/49€148k€956k▲
Amounts payable after more than one year17€31k€24k▼
Financial debts170/4€31k€24k▼
Amounts payable within one year42/48€117k€933k▲
Current portion of amounts payable after more than one year42€42k€7k▼
Financial debts43€12k-
Credit institutions430/8€12k-
Trade debts44€16k€33k▲
Suppliers440/4€16k€33k▲
Advances received on contracts in progress46€31k-
Taxes, remuneration and social security45€16k€20k▲
Taxes450/3€15k€20k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48-€872k
Income statement
Code20242025
Remuneration, social security and pensions62€16k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€133k€5k▼
Operating profit (loss)9901€107k€-1k▼
Financial income75/76B€84k€42k▼
Recurring financial income75€84k€42k▼
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€180k€35k▼
Income taxes67/77€26k€15k▼
Profit (loss) for the period9904€154k€20k▼
Profit (loss) for the period to be appropriated9905€154k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€154k€20k▼
Transfer to equity691/2€154k€20k▼
To other reserves6921€154k€20k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €20k ▼87.1%
Net result drops to €20k, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
31-12
Financial
Highest result since 2018net €154k ▲136%
Net result €154k, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 6.13
Current ratio from 1.20 to 6.13.
31-12
Financial
Equity above €500kEq €581k ▲36.2%
7 profitable years in a row build equity to €581k.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €247k ▲73.6%
3 profitable years in a row build equity to €247k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €142k ▲115%
2 profitable years in a row build equity to €142k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapellei 122900 SchotenGround area
2,123 m²
Building footprint
344 m²
Volume, LiDAR
2,003 m³
Parcel 11040D0153/00A010, Flanders · tallest building 23.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Blue Management Services
since 20182.274.319.408
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0153/00A010 | Flanders | 2,123 m² | 1 · 344 m² | 23.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900UOI0QUG2LAX662
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ARTIBREW
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 13,442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.