BLUE MIND
ActiveSummary
BLUE MIND has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €28k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+75
Solvency83▲+43
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 0.96 in 2024; short-term debt: 42.3% and cash: 14.3% of total assets), and 42.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.7%
Return on assets
36.2%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
33 d early
2022
3 d early
2021
3 d early
2020
17 d late
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 168%
2024 · €17k
Total assets
€77k▼ 29.5%
2024 · €110k
Net result
€28k
2024 · €-15k
Working capital
€43k
2024 · €-4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13k▲ 105%€36k▲ 171%€-10k€-12k▼ 19.7%€29k
Net result€10k▲ 65.8%€23k▲ 124%€-15k€-15k▼ 0.1%€28k
Equity€23k▲ 81.4%€46k▲ 101%€31k▼ 31.8%€17k▼ 46.7%€45k▲ 168%
Total assets€140k▲ 276%€238k▲ 70.0%€145k▼ 39.1%€110k▼ 24.1%€77k▼ 29.5%
Debt€117k▲ 375%€192k▲ 64.0%€113k▼ 40.8%€93k▼ 17.8%€33k▼ 64.8%
Working capital€-86k€-56k▲ 35.6%€-28k▲ 49.2%€-4k▲ 85.6%€43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €29k after a loss of €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€1k ▼ 93.0%
Current assets
€76k ▼ 14.8%
Equity and liabilities €77k
Equity
€45k ▲ 168%
Debt
€33k ▼ 64.8%
Debt's share of the balance-sheet total falls from 84.9% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €7k
Cash flow
€47k▲
2024 · €5k
Current ratio
2.32▲
2024 · 0.96
Debt to equity
0.73▼
2024 · 5.60
ROE
62.7%▲
2024 · -87.7%
ROA
36.2%▲
2024 · -13.3%
Interest coverage
38.68▲
2024 · 2.76
Debt ≤ 1 year
€33k▼
2024 · €93k
Staff costs
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6k | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €4k | €2k | ▼ 42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €36k | €34k | €19k | €19k | = |
| Other operating charges640/8 | €542 | €495 | €13k | €17k | €940 | ▼ 94.6% |
| Gross operating margin9900 | €44k | €72k | €37k | €28k | €51k | ▲ 80.8% |
| Operating profit (loss)9901 | €13k | €36k | €-10k | €-12k | €29k | ▲ 342% |
| Financial income75/76B | - | - | €9 | €21 | €143 | ▲ 575% |
| Recurring financial income75 | - | - | €9 | €21 | €143 | ▲ 575% |
| Financial charges65/66B | €2k | €3k | €5k | €3k | €1k | ▼ 51.5% |
| Recurring financial charges65 | €2k | €3k | €5k | €3k | €1k | ▼ 51.5% |
| Profit (loss) for the period before taxes9903 | €11k | €33k | €-15k | €-15k | €28k | ▲ 292% |
| Income taxes67/77 | €1k | €10k | €-27 | - | - | - |
| Profit (loss) for the period9904 | €10k | €23k | €-15k | €-15k | €28k | ▲ 292% |
| Profit (loss) for the period to be appropriated9905 | €10k | €23k | €-15k | €-15k | €28k | ▲ 292% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140k | €238k | €145k | €110k | €77k | ▼ 29.5% |
| Fixed assets21/28 | €109k | €131k | €77k | €21k | €1k | ▼ 93.0% |
| Intangible fixed assets21 | €2k | €1k | - | - | - | - |
| Tangible fixed assets22/27 | €107k | €130k | €77k | €21k | €1k | ▼ 93.0% |
| Furniture and vehicles24 | €107k | €130k | €77k | €21k | €1k | ▼ 93.0% |
| Financial fixed assets28 | - | - | - | €122 | €0 | ▼ 100% |
| Current assets29/58 | €31k | €106k | €68k | €89k | €76k | ▼ 14.8% |
| Amounts receivable within one year40/41 | €17k | €86k | €57k | €88k | €65k | ▼ 26.3% |
| Trade receivables40 | €17k | €81k | €19k | €24k | €39k | ▲ 58.5% |
| Other amounts receivable41 | - | €5k | €37k | €63k | €26k | ▼ 58.9% |
| Cash at bank and in hand54/58 | €14k | €20k | €3k | €1k | €11k | ▲ 869% |
| Deferred charges and accrued income490/1 | €300 | €150 | €8k | €385 | €366 | ▼ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140k | €238k | €145k | €110k | €77k | ▼ 29.5% |
| Equity10/15 | €23k | €46k | €31k | €17k | €45k | ▲ 168% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €17k | €27k | €27k | €27k | €27k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €15k | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €-13k | - | €-15k | €-29k | €-1k | ▲ 95.9% |
| Amounts payable17/49 | €117k | €192k | €113k | €93k | €33k | ▼ 64.8% |
| Amounts payable after more than one year17 | - | €30k | €17k | - | - | - |
| Financial debts170/4 | - | €30k | €17k | - | - | - |
| Amounts payable within one year42/48 | €117k | €162k | €96k | €93k | €33k | ▼ 64.8% |
| Current portion of amounts payable after more than one year42 | €77k | €91k | €94k | €84k | €26k | ▼ 69.3% |
| Trade debts44 | €731 | €2k | €1k | €2k | €2k | ▲ 34.4% |
| Suppliers440/4 | €731 | €2k | €1k | €2k | €2k | ▲ 34.4% |
| Taxes, remuneration and social security45 | €7k | €26k | €934 | €8k | €3k | ▼ 67.7% |
| Taxes450/3 | €7k | €26k | €934 | €8k | €3k | ▼ 67.7% |
| Other amounts payable47/48 | €33k | €43k | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €23k | €-15k | €-15k | €28k | ▲ 292% |
| + Depreciation and write-downs630 | €30k | €36k | €34k | €19k | €19k | = |
| Operating cash flow (approximation) | €40k | €59k | €19k | €5k | €47k | ▲ 939% |
| Investment in fixed assets (approximation) | - | €-58k | €21k | €37k | €122 | ▼ 99.7% |
| Change in cash | - | €6k | €-17k | €-2k | €10k | ▲ 545% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.32
Current ratio from 0.96 to 2.32; short-term debt falls from €93k to €33k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Walhain · 1 establishment unit since 2008
Ground area
1,800 m²
Building footprint
267 m²
Volume, LiDAR
2,531 m³
Parcel 25071D0004/00E000, Wallonia · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Blue Mind
since 20082.172.550.768
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25071D0004/00E000 | Wallonia | 1,800 m² | 1 · 267 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 37,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.