Skip to content

BLUE RIVER STATIONS FUND BE

Active
Private limited companyfounded 2022active for 4 yearsGraaf d'Ursellaan 37, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0792.210.282
Summary

BLUE RIVER STATIONS FUND BE has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €52,626 and a net result of -€8,912. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 26% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
BLUE RIVER STATIONS FUND BEActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€52,626
Loss
-€8,912
Turnover estimated from the gross margin
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
  • FRS HOLDINGDirector
2025 accounts 32 days early
Why 67raises risk1 change of registered office in 24 monthsEquity €52,626 (4.5% of total assets)lowers riskSize: total assets €1.2mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 29-1
equity 4.5% of total assets
Liquidity 54+19
short-term debt 6.0% · cash 2.9%
Profitability 35+8
return on assets -0.8%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,631 companies, NACE 68, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 5.1%▲ +4.0 percentage points vs 01-2025 03-2025: 5.1%● unchanged vs 02-2025 04-2025: 5.2%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 4.9%▼ -0.3 percentage points vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 4.9%● unchanged vs 06-2025 08-2025: 4.9%● unchanged vs 07-2025 09-2025: 4.9%● unchanged vs 08-2025 10-2025: 1.1%▼ -3.8 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.2 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 0.9%▼ -0.4 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.8%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.61, compared with 0.06 in 2024, below 1; short-term debt: 6% and cash: 2.9% of total assets), and 95.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 25% on solvency, 63% on liquidity, 31% on profitability and 24% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Equity €52,626 (4.5% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€8,912
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
32 days early
2024
106 days early
2023
96 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 78 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 April (3 of the last 3 filed years within 63 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Permanent representative: Roelof MaasRegistered-office move

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€8,912 View
  • One director decidessole director in office 1 View
  • Total assets 20253 financial years filed €1.2m View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€8,912
Solvency
4.5%
Total assets▼ 4.4%
Net result
20232025
Go to Financials

Timeline

Events
7
Since
2022
Next accounts
by 31-07-2027
  1. 02-09-2024Address struck
  2. 26-04-2024Annual accounts filed
  3. 20-09-2023Registered office
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
07-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Purpose
“Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; Alle…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about BLUE RIVER STATIONS FUND BE

What is the company number of BLUE RIVER STATIONS FUND BE?
0792.210.282. In Belgium the VAT number is the company number with BE in front: BE 0792.210.282.
Where is BLUE RIVER STATIONS FUND BE based?
The registered office is at Graaf d'Ursellaan 37, 8301 Knokke-Heist.Company details
What does BLUE RIVER STATIONS FUND BE do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of BLUE RIVER STATIONS FUND BE?
Private limited company (BV).
When was BLUE RIVER STATIONS FUND BE founded?
On 07-10-2022.
Is BLUE RIVER STATIONS FUND BE still active?
Yes, BLUE RIVER STATIONS FUND BE is an active enterprise in the KBO register.
What is the turnover of BLUE RIVER STATIONS FUND BE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is BLUE RIVER STATIONS FUND BE profitable?
In financial year 2025, BLUE RIVER STATIONS FUND BE made a loss of €8,912.
Where can I find the annual accounts of BLUE RIVER STATIONS FUND BE?
BLUE RIVER STATIONS FUND BE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLUE RIVER STATIONS FUND BE due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to BLUE RIVER STATIONS FUND BE

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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.

We would like to set cookies. That happens only with your consent. What we measure