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BLUE MONDAY

Active
Private limited companyfounded 20233 yrs activeKrommebeekpark 21, 8800 Roeselare, BelgiumKBO/BCE: BE 0803.883.243
Summary

BLUE MONDAY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €498,715 and a net result of €65,425. Its solvency ranks better than 37% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability58▲+12
Solvency43▲+3
Growth78
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 17.5% and cash: 0.3% of total assets), and 81.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.1%
Return on assets
2.4%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BLUE MONDAY was incorporated on 12 July 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€498,715▲ 15.1%
2024 · €433,290
Total assets
€2.8m▼ 2.5%
2024 · €2.8m
Net result
€65,425▲ 22.8%
2024 · €53,290
Working capital
-€469,803▼ 5.4%
2024 · -€445,535
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€155,290-€135,086▼ 13.0%
Net result€53,290within the sector's middle half-€65,425within the sector's middle half▲ 22.8%
Equity€433,290within the sector's middle half-€498,715within the sector's middle half▲ 15.1%
Total assets€2.8mwithin the sector's middle half-€2.8mwithin the sector's middle half▼ 2.5%
Debt€2.4m-€2.3m▼ 5.6%
Working capital-€445,535--€469,803▼ 5.4%
Solvency15.3%within the sector's middle half-18.1%within the sector's middle half▲ 2.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2024: €155,290€155,290Net result 2024: €53,290€53,290Operating result 2025: €135,086€135,086Net result 2025: €65,425€65,42520242025€0€50,000€100,000€150,000Operating result 2024: €155,290€155,000Net result 2024: €53,290€53,300Operating result 2025: €135,086€135,000Net result 2025: €65,425€65,40020242025
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets €2.7m ▼ 2.5%
Current assets €11,299 ▲ 20.3%
Equity and liabilities €2.8m
Equity €498,715 ▲ 15.1%
Debt €2.3m ▼ 5.6%
Debt's share of the balance-sheet total falls from 84.7% to 81.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€206,571▼
2024 · €250,862
Cash flow
€136,910▼
2024 · €148,862
Current ratio
0.02▲
2024 · 0.02
Debt to equity
4.53▼
2024 · 5.52
ROE
13.1%▲
2024 · 12.3%
ROA
2.4%▲
2024 · 1.9%
Interest coverage
4.32▲
2024 · 2.98
Debt ≤ 1 year
€481,101▲
2024 · €454,924
Debt > 1 year
€1.8m▼
2024 · €1.9m
Income taxes
€21,808▲
2024 · €17,899
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 895 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.7% stopped otherwise
98% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 895 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.8m€2.8m▼
Formation expenses20€1,489€1,065▼
Fixed assets21/28€2.8m€2.7m▼
Tangible fixed assets22/27€2.8m€2.7m▼
Land and buildings22€2.8m€2.7m▼
Current assets29/58€9,389€11,299▲
Cash at bank and in hand54/58€9,389€9,397▲
Deferred charges and accrued income490/1-€1,902
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.8m▼
Equity10/15€433,290€498,715▲
Contributions10/11€380,000€380,000=
Profit (loss) carried forward14€53,290€118,715▲
Amounts payable17/49€2.4m€2.3m▼
Amounts payable after more than one year17€1.9m€1.8m▼
Financial debts170/4€1.9m€1.8m▼
Amounts payable within one year42/48€454,924€481,101▲
Current portion of amounts payable after more than one year42€154,407€154,407=
Financial debts43-€6,730
Credit institutions430/8-€6,730
Taxes, remuneration and social security45€13,395€16,427▲
Taxes450/3€13,395€16,427▲
Other amounts payable47/48€287,122€303,537▲
Accrued charges and deferred income492/3€6,771€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95,572€71,485▼
Other operating charges640/8€317€128▼
Gross operating margin9900€251,179€206,699▼
Operating profit (loss)9901€155,290€135,086▼
Financial charges65/66B€84,101€47,853▼
Recurring financial charges65€84,101€47,853▼
Profit (loss) for the period before taxes9903€71,189€87,233▲
Income taxes67/77€17,899€21,808▲
Profit (loss) for the period9904€53,290€65,425▲
Profit (loss) for the period to be appropriated9905€53,290€65,425▲
Appropriation of the result
Profit (loss) to be appropriated9906€53,290€118,715▲
Profit (loss) brought forward from the previous period14P-€53,290

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95,572€71,485▼ 25.2%
Other operating charges640/8€317€128▼ 59.6%
Gross operating margin9900€251,179€206,699▼ 17.7%
Operating profit (loss)9901€155,290€135,086▼ 13.0%
Financial charges65/66B€84,101€47,853▼ 43.1%
Recurring financial charges65€84,101€47,853▼ 43.1%
Profit (loss) for the period before taxes9903€71,189€87,233▲ 22.5%
Income taxes67/77€17,899€21,808▲ 21.8%
Profit (loss) for the period9904€53,290€65,425▲ 22.8%
Profit (loss) for the period to be appropriated9905€53,290€65,425▲ 22.8%
Line20242025Change
Assets
Total assets20/58€2.8m€2.8m▼ 2.5%
Formation expenses20€1,489€1,065▼ 28.5%
Fixed assets21/28€2.8m€2.7m▼ 2.5%
Tangible fixed assets22/27€2.8m€2.7m▼ 2.5%
Land and buildings22€2.8m€2.7m▼ 2.5%
Current assets29/58€9,389€11,299▲ 20.3%
Cash at bank and in hand54/58€9,389€9,397▲ 0.1%
Deferred charges and accrued income490/1-€1,902-
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.8m▼ 2.5%
Equity10/15€433,290€498,715▲ 15.1%
Contributions10/11€380,000€380,000=
Profit (loss) carried forward14€53,290€118,715▲ 123%
Amounts payable17/49€2.4m€2.3m▼ 5.6%
Amounts payable after more than one year17€1.9m€1.8m▼ 8.0%
Financial debts170/4€1.9m€1.8m▼ 8.0%
Amounts payable within one year42/48€454,924€481,101▲ 5.8%
Current portion of amounts payable after more than one year42€154,407€154,407=
Financial debts43-€6,730-
Credit institutions430/8-€6,730-
Taxes, remuneration and social security45€13,395€16,427▲ 22.6%
Taxes450/3€13,395€16,427▲ 22.6%
Other amounts payable47/48€287,122€303,537▲ 5.7%
Accrued charges and deferred income492/3€6,771€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€53,290€65,425▲ 22.8%
+ Depreciation and write-downs630€95,572€71,485▼ 25.2%
Operating cash flow (approximation)€148,862€136,910▼ 8.0%
Investment in fixed assets (approximation)--€424-
Change in cash-€8-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Roeselare · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
5,048 m²
Building footprint
888 m²
Volume, LiDAR
1 m³
Parcel 36505B1203/00C000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BLUE MONDAY
Krommebeekpark 21, 8800 RoeselareHoldings
since 20232.347.190.261
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36505B1203/00C000 Flanders 5,047 m² 1 · 888 m² 0.1 m
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.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 5,033 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
Founded12-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803883243
Registered 31-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.