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BLUE SKY

Active
Private limited company (pre-2019)founded 200521 yrs activeStationslaan 30, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0874.243.974

BLUE SKY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 81% of 591 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
68 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-11
Solvency97▲+11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.04 against 2.53 in 2023; short-term debt: 18.8% and cash: 22.9% of total assets), and 27.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
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
72.2%
Return on assets
-1.2%
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
19 d late
2022
8 d late
2021
19 d late
2020
51 d late
2019
90 d late
← before the deadline after the deadline →
neutral · 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

Financials · fiscal year 2024, micro schema

Equity
€124k▼ 1.6%
2023 · €126k
2018: €124k 2019: €125k 2020: €97k 2021: €109k 2022: €118k 2023: €126k
2018 → 2024
Total assets
€171k▼ 17.0%
2023 · €206k
2018: €297k 2019: €239k 2020: €131k 2021: €308k 2022: €283k 2023: €206k
2018 → 2024
Net result
€-2k
2023 · €7k
2018: €2k 2019: €2k 2020: €-28k 2021: €12k 2022: €10k 2023: €7k
2018 → 2024
Working capital
€98k▼ 1.9%
2023 · €100k
2018: €107k 2019: €108k 2020: €65k 2021: €90k 2022: €93k 2023: €100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€97k-€109k▲ 12.2%€118k▲ 8.8%€126k▲ 6.1%€124k▼ 1.6%
Operating result€-23k-€-2k▲ 89.6%€12k€9k▼ 24.2%€-2k
Net result€-28k-€12k€10k▼ 18.9%€7k▼ 24.2%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-23k€-23kNet result 2020: €-28k€-28kOperating result 2021: €-2k€-2kNet result 2021: €12k€12kOperating result 2022: €12k€12kNet result 2022: €10k€10kOperating result 2023: €9k€9kNet result 2023: €7k€7kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2k20202021202220232024
The operating result turns negative in 2024: a loss of €2k after €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171k
Fixed assets €41k▼ 0.2%
Current assets €130k▼ 21.2%
Equity and liabilities €171k
Equity €124k▼ 1.6%
Provisions €15k=
Debt €32k▼ 50.6%
The debt ratio falls from 31.6% to 18.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Solvency
72.2%
2023 · 60.9%
Current ratio
4.04
2023 · 2.53
Quick ratio
4.04
2023 · 2.53
Debt / equity
0.26
2023 · 0.52
ROE
-1.6%
2023 · 5.8%
ROA
-1.2%
2023 · 3.5%
Debt
€32k
2023 · €65k
Debt ≤ 1 year
€32k
2023 · €65k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€206k€171k
Fixed assets21/28€41k€41k
Tangible fixed assets22/27€16k€16k
Land and buildings22€16k€16k
Financial fixed assets28€26k€26k=
Current assets29/58€165k€130k
Amounts receivable within one year40/41€112k€84k
Trade receivables40€81k€45k
Other amounts receivable41€31k€39k
Cash at bank and in hand54/58€46k€39k
Deferred charges and accrued income490/1€7k€7k
Equity and liabilities
Total equity and liabilities10/49€206k€171k
Equity10/15€126k€124k
Contributions10/11€33k€33k=
Reserves13€15k€15k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€77k€75k
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Pensions and similar obligations160€15k€15k=
Amounts payable17/49€65k€32k
Amounts payable within one year42/48€65k€32k
Trade debts44€23k€11k
Suppliers440/4€23k€11k
Taxes, remuneration and social security45€2k€1k
Taxes450/3€2k€1k
Other amounts payable47/48€41k€20k
Income statement Code20232024
Other operating charges640/8€3k€3k
Gross operating margin9900€13k€914
Operating profit (loss)9901€9k€-2k
Profit (loss) for the period before taxes9903€9k€-2k
Income taxes67/77€2k-
Profit (loss) for the period9904€7k€-2k
Profit (loss) for the period to be appropriated9905€7k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€77k€75k
Profit (loss) brought forward from the previous period14P€70k€77k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
08-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
19-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial Equity above €100kEq €109k ▲12.2%
Equity rises from €97k to €109k.
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial Weakest financial yearnet €-28k ▼1719%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 4.51
Current ratio from 2.09 to 4.51; short-term debt falls from €98k to €18k.
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
24-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
10-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
06-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 218 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Stationslaan 303700 Tongeren-Borgloon
Ground area
221 m²
Building footprint
110 m²
Volume, LiDAR
1,093 m³
Parcel 73347A0333/00F004, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BLUE SKY
Stationslaan 30, 3700 Tongeren-BorgloonNACE 63301
since 20052.148.285.229
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73347A0333/00F004 Flanders 221 m² 1 · 110 m² 14.0 m · 4 fl.
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.

Similar companies · same sector, comparable size

Of 1,439 companies in sector 79110 we hold annual accounts for 880. 750 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded03-06-2005
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:012/39.50.50
Establishment Tongeren-Borgloon 2.148.285.229