BLUE RICE
ActiveBLUE RICE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222k and a net result of €79k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 12675 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-7
Solvency60▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.55 in 2024; short-term debt: 11.2% and cash: 2.3% of total assets), and 65.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 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
34.8%
Return on assets
12.4%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
51 d early
2024
31 d early
2023
83 d early
2022
188 d early
2021
180 d early
2020
136 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€222k▲ 46.3%
2024 · €152k
2020: €9k
2021: €45k
2022: €74k
2023: €112k
2024: €152k
2020 → 2025
Total assets
€638k▼ 1.0%
2024 · €645k
2020: €153k
2021: €236k
2022: €228k
2023: €218k
2024: €645k
2020 → 2025
Net result
€79k▲ 2.4%
2024 · €77k
2020: €2k
2021: €37k
2022: €36k
2023: €60k
2024: €77k
2020 → 2025
Working capital
€-23k▲ 46.7%
2024 · €-44k
2020: €-26k
2021: €-32k
2022: €-41k
2023: €-31k
2024: €-44k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€74k▲ 65.9%€112k▲ 51.2%€152k▲ 35.2%€222k▲ 46.3%
Operating result€41k-€31k▼ 25.6%€71k▲ 131%€97k▲ 36.8%€105k▲ 8.3%
Net result€37k-€36k▼ 2.5%€60k▲ 66.9%€77k▲ 28.7%€79k▲ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638k
Fixed assets
€590k▼ 0.1%
Current assets
€48k▼ 10.7%
Equity and liabilities €638k
Equity
€222k▲ 46.3%
Debt
€417k▼ 15.6%
The debt ratio falls from 76.5% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106k▲
2024 · €99k
Cash flow
€80k▲
2024 · €79k
Solvency
34.8%▲
2024 · 23.5%
Current ratio
0.68▲
2024 · 0.55
Quick ratio
0.68▲
2024 · 0.55
Debt / equity
1.88▼
2024 · 3.25
ROE
35.7%▼
2024 · 50.9%
ROA
12.4%▲
2024 · 12.0%
Interest coverage
5.18▼
2024 · 11.26
Debt
€417k▼
2024 · €493k
Debt ≤ 1 year
€72k▼
2024 · €98k
Debt > 1 year
€345k▼
2024 · €395k
Income taxes
€33k▲
2024 · €30k
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€645k€638k▼
Formation expenses20€0-
Fixed assets21/28€591k€590k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€588k€588k=
Current assets29/58€54k€48k▼
Amounts receivable within one year40/41€38k€29k▼
Trade receivables40€0€3k▲
Other amounts receivable41€38k€26k▼
Cash at bank and in hand54/58€12k€15k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€645k€638k▼
Equity10/15€152k€222k▲
Contributions10/11€7k€7k=
Reserves13€145k€215k▲
Tax-exempt reserves132€16k€0▼
Distributable reserves133€129k€215k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€493k€417k▼
Amounts payable after more than one year17€395k€345k▼
Financial debts170/4€304k€267k▼
Other amounts payable178/9€91k€78k▼
Amounts payable within one year42/48€98k€72k▼
Current portion of amounts payable after more than one year42€43k€38k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€14k€22k▲
Taxes450/3€14k€22k▲
Other amounts payable47/48€38k€9k▼
Accrued charges and deferred income492/3€12€0▼
Income statement
Code20242025
Non-recurring operating income76A€131€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€426▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€272
Gross operating margin9900€100k€107k▲
Operating profit (loss)9901€97k€105k▲
Financial income75/76B€19k€28k▲
Recurring financial income75€19k€28k▲
Financial charges65/66B€9k€20k▲
Recurring financial charges65€9k€20k▲
Profit (loss) for the period before taxes9903€107k€112k▲
Income taxes67/77€30k€33k▲
Profit (loss) for the period9904€77k€79k▲
Transfer from tax-exempt reserves789€15k€16k▲
Profit (loss) for the period to be appropriated9905€92k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€95k▲
Transfer from equity791/2-€9k
Transfer to equity691/2€54k€95k▲
To other reserves6921€54k€95k▲
Profit to be distributed694/7€38k€9k▼
Return on contributions (dividend)694€38k€9k▼
The notes to these accounts (15 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €79k ▲2.4%
Operating result €105k, net result €79k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲46.3%
6 profitable years in a row build equity to €222k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €152k ▲35.2%
5 profitable years in a row build equity to €152k.
09-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €112k ▲51.2%
4 profitable years in a row build equity to €112k.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Baelen · 1 establishment unit since 2019
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.
Chemin de l'Etang 184837 BaelenGround area
1,388 m²
Building footprint
159 m²
Parcel 63004C0236/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BLUE RICE
since 20192.297.051.753
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004C0236/00A000 | Wallonia | 1,388 m² | 1 · 159 m² | - |
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
254900Q8ZJ067UMF3B03
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BUCOBA
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.