BLUE SKY

Active

Public limited companyfounded 198837 yrs activeChemin des Hochequeues 4, 1380 Lasne, BelgiumKBO/BCE: BE 0435.779.230

Summary

BLUE SKY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,596 and a net result of -€30,319. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 9508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

BLUE SKYActiveChecked score 93/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200Business consulting NACE 70220NACE 74142

1 site

Size

€244,845total assets 2025

Equity: €239,596
Loss: -€30,319

Financial health

93 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Accounts filed 41 d late1 of 4 deeds read

Why 93- 1 change of registered office in 24 months- Loss of €30,319, the second in a row (FY 2025)+ Liquidity: current ratio 33.10, cash €135,054+ Equity €239,596 (97.9% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Better than 55% of its sector peers (NACE 70, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 97.9% of total assets

Liquidity 100=

short-term debt 2.1% · cash 55.2%

Profitability 3+3

return on assets -12.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (47,477 companies)

Last 14 months 09-2025: < 0.1% 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%▼ -2.6% vs 04-2026lowest value 06-2026: < 0.1%▲ +5.3% vs 05-2026 07-2026: < 0.1%▲ +2.5% vs 06-2026 08-2026: < 0.1%▲ +22.0% vs 07-2026 09-2026: 0.2%▲ +312% vs 08-2026highest value 10-2026: 0.1%▼ -46.1% vs 09-2026

Liquidity: current ratio 33.10, cash €135,054 lowers the probability
1 change of registered office in 24 months raises the probability
Loss of €30,319, the second in a row (FY 2025) raises the probability
Equity €239,596 (97.9% of total assets) lowers the probability

Credit up to €22,000 at 30 days acceptable

Liquidity ample (current ratio 33.1 against 28.89 in 2024; short-term debt: 2.1% and cash: 55.2% of total assets), and 2.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 86%, liquidity 97%, profitability 9%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 33.10, cash €135,054

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Loss of €30,319, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Equity €239,596 (97.9% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

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

1819202122232425

2018 to 2025 · latest year -€30,319

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

41 d late

2024

70 d early

2023

55 d early

2022

112 d early

2021

48 d early

2020

150 d early

2019

23 d 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 60 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 7 June (4 of the last 5 filed years within 58 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

10-09-26 Annual accounts filedfiscal year 2025 · abbreviated…
07-08-26 Registered officeRegistered-office move · Director in…
22-05-25 Annual accounts filedfiscal year 2024 · full…

Key points

Risk: 3 loss-making years in a rowloss fiscal year 2025 -€30,319 View
Caution: Among the weakest 10% on net resultsector median €37,728 · 9,507 companies -€30,319 View
Active since 1988founded 09-11-1988 37 years View