Blue Sage

Active

Private limited companyfounded 1997active for 29 yearsDorpsstraat 20, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0461.429.394

Summary

The annual accounts of Blue Sage for financial year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €11,906 and a net result of -€35,383. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 38% of 5,689 sector peers (NACE 96, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

Blue SageActiveChecked score 54/100

Risk analysis Report Compare

Activity

Beauty care and other beauty treatments

NACE 96220

4th oldest company in Houthalen-Helchteren, Other services sector1 site

Size

≈ €35,000turnover 2025, estimated

Staff: 2 FTE
Equity: €11,906
Loss: -€35,383

Turnover estimated from the gross margin

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

2025 accounts on time3 of 4 deeds summarised

Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €35,383 (financial year 2025)Figures for financial year 2025 (filed 31-10-2025)Equity €11,906 (11.5% of total assets)lowers riskSize: total assets €103,648Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 22% of its sector peers (NACE 96, micro)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 36-37

equity 11.5% of total assets

Liquidity 43-21

short-term debt 73.6% · cash 25.9%

Profitability 0-75

return on assets -34.1%

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 0.7% (7,621 companies, NACE 96, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.4 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.4%▼ -0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026highest value

Credit of up to €500 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.28, compared with 1.84 in 2024, below the usual 1.5; short-term debt: 73.6% and cash: 25.9% of total assets), and 88.5% 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 96, micro): better than 38% on solvency, 34% on liquidity, 8% on profitability and 9% 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).

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Signals

Five signals.

lowers riskraises riskneutral

Loss of €35,383 (financial year 2025)

NBB · annual accounts

Size: total assets €103,648

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 31-10-2025)

NBB · annual accounts

Equity €11,906 (11.5% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

50 days early

2023

1 day early

2022

4 days early

2021

4 days early

2020

2 days early

2019

21 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 27 October (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-03-2026 year end30-10-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-10-2025 Annual accounts filedfinancial year 2025 · micro…
31-03-2025 Weakest financial yearnet -€35,383
11-09-2024 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 5% on net resultsector median €2,801 · 5,696 companies -€35,383 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Board3 directors in office 3 View

By topic

Financials

Financial year: 2025
Total assets: €103,648
Loss: -€35,383
Solvency: 11.5%

Total assets▲ 6.2%

Net result

20192025

Go to Financials

Board & ownership

Board: 3 members

Dean DriesenDirector
AUDENAERD Christel-AdelaideDirector
PAULUSZ LaszloDirector

Go to Board & ownership

Timeline

Events: 32
Since: 2000
Next accounts: by 31-10-2026

20-02-2024Resignation: Femke Huygh (director)
30-10-2023Annual accounts filed
10-02-2023Appointments: Femke Huygh (director) and Dean Driesen…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Beauty care and other beauty treatmentsNACE 96220
Founded: 11-09-1997
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Annual meeting: 10 June at 15:00

Go to Articles of association

Key facts about Blue Sage

What is the company number of Blue Sage?: 0461.429.394. In Belgium the VAT number is the company number with BE in front: BE 0461.429.394.
Where is Blue Sage based?: The registered office is at Dorpsstraat 20, 3530 Houthalen-Helchteren.Company details
What does Blue Sage do?: According to the KBO register, the main activity is beauty care and other beauty treatments (NACE 96220).
What is the legal form of Blue Sage?: Private limited company (BV).
When was Blue Sage founded?: On 11-09-1997.
Is Blue Sage still active?: Yes, Blue Sage is an active enterprise in the KBO register.
How many employees does Blue Sage have?: On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Blue Sage?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Blue Sage profitable?: In financial year 2025, Blue Sage made a loss of €35,383.
Where can I find the annual accounts of Blue Sage?: Blue Sage filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Blue Sage due?: By 31-10-2026, for financial year 2026.Timeline