Skip to content

BLUE RIDE

Active
Private limited companyfounded 20233 yrs activeKolomstraat 1 A, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0799.519.035
Summary

The computed 12-month bankruptcy probability of BLUE RIDE is 16.9% (high). The 2024 annual accounts show equity of €43,003 and a net result of €15,716. Its solvency ranks better than 70% of 6717 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Overview

What they do
Scheduled passenger transport by road
NACE 49310Non-scheduled passenger transport by road NACE 49320On-demand passenger transport by chauffeured vehicle NACE 49330
1 site
How big
€73,552total assets 2024
Equity
€43,003
Profit
€15,716
Turnover not published (abridged schema)
Financially healthy?
44 Weak Checked score 2024
Bankruptcy chance 12 m
16.9%
Who decides
Accounts 62 d overdue2 of 14 deeds read
Why 44- Limited track record- Higher-failure-rate sector- Recent warning signals- Higher-failure-rate region- Ex-officio strike-off- Annual accounts: weaker financial profile- Administrative warnings in the KBO publicationsLatest accounts filed on timeShow the evidence

Checked score

Score 2024
44 / 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency83▼-6
Growth52
Track record78
Bankruptcy probability, 12 months
16.9% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 0.5 in 2023; short-term debt: 38.4% and cash: 41.7% of total assets), and 41.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
58.5%
Return on assets
21.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
35 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 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
  1. Resignation: Mohamed-Ali M'NASRI (director)State Gazette act
  2. Appointment: Mohamed-Ali M'NASRI (director)State Gazette act
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2024Total assets €73,552Profit €15,716Solvency 58.5%Liquidity 1.36
Total assets
€73,552▲ 62.3%
2023 - 2024
Net result
€15,716▼ 42.3%
2023 - 2024
Equity
€43,003▲ 48.5%
2023 - 2024
Solvency
58.5%▼ 5.4pp
2023 - 2024

Financials · fiscal year 2024, micro schema

Trend over the years2 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€34,804-€19,679▼ 43.5%
Net result€27,254above the sector's middle half-€15,716within the sector's middle half▼ 42.3%
Equity€28,954within the sector's middle half-€43,003within the sector's middle half▲ 48.5%
Total assets€45,309within the sector's middle half-€73,552within the sector's middle half▲ 62.3%
Debt€16,355-€30,549▲ 86.8%
Working capital-€8,220within the sector's middle half-€10,185within the sector's middle half
Solvency63.9%within the sector's middle half-58.5%within the sector's middle half▼ 5.4pp
Current ratio0.50below the sector's middle half-1.36within the sector's middle half▲ 0.86
Return on assets (ROA)60.2%above the sector's middle half-21.4%above the sector's middle half▼ 38.8pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2023: €34,804€34,804Net result 2023: €27,254€27,254Operating result 2024: €19,679€19,679Net result 2024: €15,716€15,71620232024€0€10,000€20,000€30,000Operating result 2023: €34,804€34,800Net result 2023: €27,254€27,300Operating result 2024: €19,679€19,700Net result 2024: €15,716€15,70020232024
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73,552
Fixed assets €35,090 ▼ 5.6%
Current assets €38,463 ▲ 373%
Equity and liabilities €73,552
Equity €43,003 ▲ 48.5%
Debt €30,549 ▲ 86.8%
Debt's share of the balance-sheet total rises from 36.1% to 41.5%. Equity and debt are higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€23,237▼
2023 · €43,295
Cash flow
€19,273▼
2023 · €35,744
Debt to equity
0.71▲
2023 · 0.56
ROE
36.5%▼
2023 · 94.1%
Interest coverage
177.84▼
2023 · 833.39
Debt ≤ 1 year
€28,278▲
2023 · €16,355
Income taxes
€3,833▼
2023 · €7,499
Staff costs
€34,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 16.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€45,309€73,552▲
Fixed assets21/28€37,174€35,090▼
Tangible fixed assets22/27€37,174€35,090▼
Furniture and vehicles24€37,174€35,090▼
Current assets29/58€8,135€38,463▲
Amounts receivable within one year40/41€5,192€6,165▲
Trade receivables40€224€6,165▲
Other amounts receivable41€4,969-
Cash at bank and in hand54/58€2,297€30,649▲
Deferred charges and accrued income490/1€645€1,648▲
Equity and liabilities
Total equity and liabilities10/49€45,309€73,552▲
Equity10/15€28,954€43,003▲
Contributions10/11€2,500€2,500=
Reserves13€26,454€40,503▲
Distributable reserves133€26,454€40,503▲
Amounts payable17/49€16,355€30,549▲
Amounts payable within one year42/48€16,355€28,278▲
Current portion of amounts payable after more than one year42-€1,448
Trade debts44€466€14,367▲
Suppliers440/4€466€14,367▲
Taxes, remuneration and social security45€8,389€9,574▲
Taxes450/3€8,389€8,105▼
Remuneration and social security454/9-€1,469
Other amounts payable47/48€7,500€2,889▼
Accrued charges and deferred income492/3-€2,271
Income statement Code20232024
Remuneration, social security and pensions62-€34,371
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,490€3,558▼
Other operating charges640/8€2,765€8,434▲
Non-recurring operating charges66A-€12,670
Gross operating margin9900€46,059€78,712▲
Operating profit (loss)9901€34,804€19,679▼
Financial charges65/66B€52€131▲
Recurring financial charges65€52€131▲
Profit (loss) for the period before taxes9903€34,752€19,549▼
Income taxes67/77€7,499€3,833▼
Profit (loss) for the period9904€27,254€15,716▼
Profit (loss) for the period to be appropriated9905€27,254€15,716▼
Appropriation of the result
Profit (loss) to be appropriated9906€27,254€15,716▼
Transfer to equity691/2€26,454€14,050▼
To other reserves6921€26,454€14,050▼
Profit to be distributed694/7€800€1,666▲
Return on contributions (dividend)694€800€1,666▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62-€34,371-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,490€3,558▼ 58.1%
Other operating charges640/8€2,765€8,434▲ 205%
Non-recurring operating charges66A-€12,670-
Gross operating margin9900€46,059€78,712▲ 70.9%
Operating profit (loss)9901€34,804€19,679▼ 43.5%
Financial charges65/66B€52€131▲ 152%
Recurring financial charges65€52€131▲ 152%
Profit (loss) for the period before taxes9903€34,752€19,549▼ 43.7%
Income taxes67/77€7,499€3,833▼ 48.9%
Profit (loss) for the period9904€27,254€15,716▼ 42.3%
Profit (loss) for the period to be appropriated9905€27,254€15,716▼ 42.3%
Line20232024Change
Assets
Total assets20/58€45,309€73,552▲ 62.3%
Fixed assets21/28€37,174€35,090▼ 5.6%
Tangible fixed assets22/27€37,174€35,090▼ 5.6%
Furniture and vehicles24€37,174€35,090▼ 5.6%
Current assets29/58€8,135€38,463▲ 373%
Amounts receivable within one year40/41€5,192€6,165▲ 18.7%
Trade receivables40€224€6,165▲ 2,654%
Other amounts receivable41€4,969--
Cash at bank and in hand54/58€2,297€30,649▲ 1,234%
Deferred charges and accrued income490/1€645€1,648▲ 156%
Equity and liabilities
Total equity and liabilities10/49€45,309€73,552▲ 62.3%
Equity10/15€28,954€43,003▲ 48.5%
Contributions10/11€2,500€2,500=
Reserves13€26,454€40,503▲ 53.1%
Distributable reserves133€26,454€40,503▲ 53.1%
Amounts payable17/49€16,355€30,549▲ 86.8%
Amounts payable within one year42/48€16,355€28,278▲ 72.9%
Current portion of amounts payable after more than one year42-€1,448-
Trade debts44€466€14,367▲ 2,985%
Suppliers440/4€466€14,367▲ 2,985%
Taxes, remuneration and social security45€8,389€9,574▲ 14.1%
Taxes450/3€8,389€8,105▼ 3.4%
Remuneration and social security454/9-€1,469-
Other amounts payable47/48€7,500€2,889▼ 61.5%
Accrued charges and deferred income492/3-€2,271-
Line20232024Change
Profit (loss) for the period9904€27,254€15,716▼ 42.3%
+ Depreciation and write-downs630€8,490€3,558▼ 58.1%
Operating cash flow (approximation)€35,744€19,273▼ 46.1%
Investment in fixed assets (approximation)--€1,473-
Change in cash-€28,352-

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

Download as CSV

Comparable companies5

Board & ownership

Directors

Directors
no sitting director read yet, last change in 2026
No directors read yet: 2 of 14 Gazette acts processed. See the function holders in the CBE →

Mandate history

1 person since 2026, 0 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Mohamed-Ali M'NASRI
  • Director, from 05-07-2026 to 06-07-2026
See the board, name and seat on a given date →

Timeline

7 eventsLatest 16-09-2026

History

On 14 March 2023, BLUE RIDE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Acts, filings and financial milestones

2026
16-09
State Gazette act Resignation: Mohamed-Ali M'NASRI (director)
2 facts ▸
  • General meeting, 05-07-2026
  • Director resignation, Mohamed-Ali M'NASRI (director)
15-07
State Gazette act Appointment: Mohamed-Ali M'NASRI (director)
2 facts ▸
  • General meeting, 04-07-2026
  • Director appointment, Mohamed-Ali M'NASRI (director)
2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
16-05
KBO administration Address strikeout annulled
12-05
KBO administration Address struck
2024
31-12
Financial Liquidity triplescurrent ratio 1.36
Current ratio from 0.50 to 1.36.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 14-03-2023Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded14-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799519035
Registered 06-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
951 m²
Volume, LiDAR
35,225 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
293 companies at this address See who is registered here
1 establishment unit
Blue Ride
Steenweg op Mechelen 455, 1950 KraainemNACE 45113
since 2024unit no. 2.361.943.763
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
21522B0621/00K000 Brussels 93 m² 1 · 86 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.