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Complete company report
Generated 26-07-2026
Active BE 0649.833.583Public limited company

Blue Open

Scheldedijk 30 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium· 10 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of Blue Open is 0.8% (low). The 2025 annual accounts show equity of €751k and a net result of €10k. Equity remains stable across the filed fiscal years (±1.6% per year). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €751k
Net result €10k
Active 10 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health74Profitability7Solvency67Growth78Stability100
65 / 100

Strong profile, led by stability.

Health 74
Profitability 7
Solvency 67
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.8% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Annual accounts: healthy financial profile −Lower-risk legal form −

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 3 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
74 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 18-05-2026 with the NBB · fiscal year 2025 · verkort
€-20k€-10k€0€10k€20kOperating result 2021: €-5k€-5kNet result 2021: €15k€15kOperating result 2022: €-6k€-6kNet result 2022: €11k€11kOperating result 2023: €-12k€-12kNet result 2023: €6k€6kOperating result 2024: €-8k€-8kNet result 2024: €9k€9kOperating result 2025: €-7k€-7kNet result 2025: €10k€10k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 8 fiscal years (±1.6%/year).
€600k€700k€800k2026: €766k (€705k - €826k)2027: €777k (€717k - €837k)2028: €789k (€729k - €849k)2018: €636k2019: €683k2020: €701k2021: €716k2022: €726k2023: €732k2024: €741k2025: €751k20182019202020212022202320242025202620272028
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).

Net profit
€10k
+10.6% 18-25
Total assets
€1.83M
+0.3% 18-25
Equity
€751k
+1.4% 18-25
Working capital
€190k
+5.6% 18-25
Income taxes
€3k
+10.6% 18-25
Debt
€1.08M
-0.4% 18-25
Debt ≤ 1y
€1.08M
-0.4% 18-25
Debt > 1y
€1.07M
-20.0% 18-25
Current ratio
1.18
+0.8% 18-25
Quick ratio
1.18
+0.8% 18-25
Solvency
40.9%
+1.0% 18-25
Debt / equity
1.44
-1.7% 18-25
ROE
1.3%
+9.1% 18-25
ROA
0.5%
+10.2% 18-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA-
Net profit€10k
Cash flow-
Staff costs-
Income taxes€3k
Dividends-
Total assets€1.83M
Equity€751k
Debt€1.08M
of which ≤ 1y€1.08M
of which > 1y-
Working capital€190k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.18
Quick ratio1.18
Working capital ratio10.4%
Solvency40.9%
Debt / equity1.44
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA0.5%
ROE1.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding14d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.83M
Fixed assets 21/28€561k
Financial fixed assets 28€561k
Current assets 29/58€1.27M
Amounts receivable within one year 40/41€1.12M
Cash & bank 54/58€155k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.83M
Equity 10/15€751k
Contributions / capital 10/11€625k
Reserves 13€126k
Amounts payable 17/49€1.08M
Amounts payable within one year 42/48€1.08M
Trade debts payable within one year 44€241
Income statement
Gross operating margin 9900€-6k
Operating result 9901€-7k
Financial income 75€89k
Financial charges 65€69k
Result before taxes 9903€13k
Income taxes 67/77€3k
Net result for the period 9904€10k
Result to be appropriated 9905€10k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation11-03-2016
StatusActive
Postal code2070
Establishment units 1 location
Blue Open
Scheldedijk 30, 2070 Beveren-Kruibeke-ZwijndrechtHoldings
since 20162.253.439.563
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.
11056G0019/00L000 Flanders 2,270 m² - -
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 12 events

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

2026
18-05-2026
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2025
16-06-2025
State Gazette act Director changes
19-05-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
23-05-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
06-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
14-04-2023
State Gazette act Director changes
15-03-2023
NBB filing Annual accounts filed
fiscal year 2021 · verkort
20-01-2023
State Gazette act Director changes
2021
28-05-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
11-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
24-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
04-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2025
16-06-2025 2 reappointed Director changes
  • EY Bedrijfsrevisoren BV, Commissaris
  • Wim Van Gasse, Commissaris
Technical details 
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        "legal_form": "BV"
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      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De Aandeelhouders beslissen om, op voorstel van de Raad van Bestuur, EY Bedrijfsrevisoren BV te herbenoemen als commissaris van de Vennootschap voor een periode van 3 jaar.",
      "decharge_status": null,
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      "kind": "commissaris_renew",
      "role": "commissaris",
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        "name": "Wim Van Gasse",
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      "evidence_quote": "De Aandeelhouders nemen kennis van het feit dat EY Bedrijfsrevisoren BV voor de uitoefening van haar mandaat zal vertegenwoordigd worden door Wim Van Gasse, bedrijfsrevisor.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2028"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    {
      "kind": "decharge_granted",
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      },
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      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2028"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-06-16",
    "filing_date": "2025-06-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-05-16",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0649.833.583",
    "name_full": "Blue Open NV",
    "legal_form": "NV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Wolf Depraetere",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
14-04-2023 4 reappointed Director changes
  • Dirk Poppe, Bestuurder
  • Johan Maes, Bestuurder
  • Stefaan Martel, Bestuurder
  • Peter Garré, Bestuurder
Technical details 
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      "role": "bestuurder",
      "person": {
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        "name": "Dirk Poppe",
        "address": null,
        "birth_date": null,
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      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2023-05-19",
      "evidence_quote": "De algemene vergadering herbenoemt de heren Dirk Poppe, Johan Maes, Stefaan Martel en Peter Garr\u00E9 als bestuurder voor een periode van 6 jaar, eindigend na afloop van de jaarvergadering op 19 mei 2028.",
      "decharge_status": null,
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        "value": "6"
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    },
    {
      "kind": "director_renew",
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        "name": "Johan Maes",
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      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2023-05-19",
      "evidence_quote": "De algemene vergadering herbenoemt de heren Dirk Poppe, Johan Maes, Stefaan Martel en Peter Garr\u00E9 als bestuurder voor een periode van 6 jaar, eindigend na afloop van de jaarvergadering op 19 mei 2028.",
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      },
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    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Stefaan Martel",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2023-05-19",
      "evidence_quote": "De algemene vergadering herbenoemt de heren Dirk Poppe, Johan Maes, Stefaan Martel en Peter Garr\u00E9 als bestuurder voor een periode van 6 jaar, eindigend na afloop van de jaarvergadering op 19 mei 2028.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Peter Garr\u00E9",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2023-05-19",
      "evidence_quote": "De algemene vergadering herbenoemt de heren Dirk Poppe, Johan Maes, Stefaan Martel en Peter Garr\u00E9 als bestuurder voor een periode van 6 jaar, eindigend na afloop van de jaarvergadering op 19 mei 2028.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": 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": "2022-04-26",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-04-26",
      "unanimous": null
    },
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2022-05-02",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0649.833.583",
    "name_full": "Blue Open",
    "legal_form": "naamloze vennootschap"
  },
  "publication_proxy": {
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  "co_filed_documents": [],
  "corrected_publication_numac": null
}
20-01-2023 EY Bedrijfsrevisoren BV appointed as statutory auditor Director changes
  • EY Bedrijfsrevisoren BV, Commissaris
Technical details 
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    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "EY Bedrijfsrevisoren BV",
        "address": "1831 Diegem, De Kleetlaan 2",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering beslist om EY Bedrijfsrevisoren BV, met maatschappelijke zetel te 1831 Diegem, De Kleetlaan 2 te benoemen als commissaris van de Vennootschap en dit voor een periode van 3 jaar.",
      "decharge_status": null,
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        "address": "1831 Diegem, De Kleetlaan 2",
        "country": "BE",
        "legal_form": "BV"
      },
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      "compensated": null,
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      "evidence_quote": "De aandeelhouders nemen kennis van het feit dat EY Bedrijfsrevisoren BV voor de uitoefening van haar mandaat vertegenwoordigd wordt door Wim Van Gasse BV, met als vaste vertegenwoordiger Wim Van Gasse, bedrijfsrevisor.",
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    },
    {
      "kind": "substantive_delegation",
      "role": "vaste_vertegenwoordiger",
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      "decharge_status": null,
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  "notary": {
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-01-20",
    "filing_date": "2023-01-06",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2022-05-20",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0649.833.583",
    "name_full": "Blue Open",
    "legal_form": "naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
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    "person_name": "Dirk Popp\u0435",
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    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
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}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL Blue Open
Registered office
Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative