Blue Ocean Vision
Blue Ocean Vision is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €40k and a net result of €-10k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 3139 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €40k |
| Net result | €-10k |
| Better than sector | 19% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.5% | 52.5% | |
| Net result | €-10k | €32k | |
| Equity | €40k | €75k | |
| Gross operating margin | €-4k | €52k | |
| Total assets | €319k | €192k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-10k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €319k |
| Equity | €40k |
| Debt | €279k |
| of which ≤ 1y | €279k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 12.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -3.3% |
| ROE | -26.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €319k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €315k |
| Amounts receivable within one year | 40/41 | €273k |
| Cash & bank | 54/58 | €42k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €319k |
| Equity | 10/15 | €40k |
| Contributions / capital | 10/11 | €25k |
| Reserves | 13 | €15k |
| Amounts payable | 17/49 | €279k |
| Amounts payable within one year | 42/48 | €279k |
| Trade debts payable within one year | 44 | €273k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-10k |
| Financial charges | 65 | €145 |
| Result before taxes | 9903 | €-10k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 27-05-2021 |
| Status | Active |
| Postal code | 8300 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0607/00A000 | Flanders | 461 m² | 1 · 106 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-03-2023 Registered office moved from Knokke-Helst to Knokke-Heist
- Magere Schorre 107, 8300 Knokke-Helst → 8300 Knokke-Heist, Louis Ludwiglaan 14
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8300 Knokke-Heist, Louis Ludwiglaan 14",
"city": "Knokke-Heist",
"region": "vlaams_gewest",
"street": "Louis Ludwiglaan",
"country": "BE",
"postcode": "8300",
"box_number": null,
"street_number": "14",
"locality_suffix": null
},
"old_address": {
"raw": "Magere Schorre 107, 8300 Knokke-Helst",
"city": "Knokke-Helst",
"region": "vlaams_gewest",
"street": "Mager Schorre",
"country": "BE",
"postcode": "8300",
"box_number": null,
"street_number": "107",
"locality_suffix": null
},
"effective_date": "2023-01-01",
"evidence_quote": "Conform artikel 2 van de statuten bevestigt de enige bestuurder dat met ingang van 1 januari 2023 de zetel van de vennootschap werd verplaatst van 8300 Knokke-Heist, Magere Schorre 107, naar 8300 Knokke-Heist, Louis Ludwiglaan 14.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "retroactive",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Notaris van de Ondernemingsrechtbank Gent, afdeling Brugge",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-02",
"filing_date": "2023-02-13",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-02-13",
"unanimous": true
},
"subject_company": {
"kbo": "0768.825.463",
"name_full": "Blue Ocean Vision",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jurgen Smet",
"org_rep_person_name": null,
"person_role_at_subject": "enige bestuurder"
},
"co_filed_documents": [
"Uittreksel uit de notulen van de beslissing genomen door het bestuursorgaan op 13 februari 2023"
]
}31-05-2021 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Fr\u00E9d\u00E9ric Bauwens",
"firm_city": null,
"firm_name": "Fr\u00E9d\u00E9ric Bauwens, notarisvennootschap",
"office_city": "Haaltert",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2021-05-31",
"filing_date": "2021-05-27",
"act_kind_objet": "OPRICHTING"
},
"decision": {
"body": "bestuursorgaan",
"date": "2021-05-27",
"unanimous": null
},
"agm_change": null,
"detected_kind": "other_address_change",
"other_address": {
"action": "added",
"purpose": "statutaire_zetel",
"address_new": "8300 Knokke-Heist, Magere Schorre 107",
"address_old": null,
"effective_date": "2021-05-27",
"effective_date_is_approximate": false
},
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": "2021-02",
"remuneration_eur": null,
"remuneration_kind": "fixed",
"person_or_entity_kbo": null,
"person_or_entity_name": "Jurgen Smet"
},
"subject_company": {
"kbo": "0768.825.463",
"name_full": "Blue Ocean Vision",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "FREDERIC BAUWENS",
"org_rep_person_name": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 31/05/2021 - Annexes du Moniteur belge"
],
"fiscal_year_change": {
"new_end_mm_dd": "30",
"old_end_mm_dd": null,
"new_start_mm_dd": "10",
"old_start_mm_dd": null,
"first_full_new_year": 2027,
"transition_period_end": "2022-09-30"
},
"liquidation_closure": null,
"officer_designation": {
"role": "secretaris_adjoint",
"organ": "bestuursorgaan",
"person_name": "Jurgen Smet"
},
"special_procuration": {
"grantee_kbo": null,
"grantee_name": "Baker Tilly Belgium Accountants \u0026 Belastingconsulenten CVBA",
"grantor_name": null,
"scope_summary": "Aangewezen als lasthebber ad hoc om over de fondsen te beschikken, alle documenten te ondertekenen en alle nodige formaliteiten te vervullen bij de administratie van de btw en met het oog op de inschrijving bij de Kruispuntbank van Ondernemingen.",
"monetary_cap_eur": null,
"scope_categories": [
"tax",
"other"
],
"termination_clause": null,
"substitution_allowed": false
},
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Blue Ocean Vision |