BLUE STAR CONSTRUCT
ActiveSummary
BLUE STAR CONSTRUCT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409k and a net result of €55k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.94 against 13.12 in 2024; short-term debt: 13.5% and cash: 72% of total assets), and 17.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.2%
Return on assets
11.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
45 d early
2023
44 d early
2022
26 d early
2021
5 d early
2020
44 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€409k▼ 0.7%
2024 · €412k
2019: €223k
2020: €255k
2021: €294k
2022: €329k
2023: €388k
2024: €412k
2019 → 2025
Total assets
€498k▲ 8.8%
2024 · €457k
2019: €278k
2020: €299k
2021: €336k
2022: €365k
2023: €423k
2024: €457k
2019 → 2025
Net result
€55k▲ 18.2%
2024 · €47k
2019: €26k
2020: €32k
2021: €39k
2022: €35k
2023: €59k
2024: €47k
2019 → 2025
Working capital
€333k▲ 4.4%
2024 · €319k
2019: €159k
2020: €209k
2021: €255k
2022: €298k
2023: €295k
2024: €319k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€329k▲ 12.0%€388k▲ 17.9%€412k▲ 6.2%€409k▼ 0.7%
Operating result€61k-€56k▼ 9.5%€88k▲ 57.7%€72k▼ 18.2%€82k▲ 14.3%
Net result€39k-€35k▼ 10.5%€59k▲ 67.5%€47k▼ 20.6%€55k▲ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets
€98k ▼ 12.8%
Current assets
€400k ▲ 15.9%
Equity and liabilities €498k
Equity
€409k ▼ 0.7%
Debt
€88k ▲ 96.4%
Debt's share of the balance-sheet total rises from 9.8% to 17.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99k▲
2024 · €85k
Cash flow
€72k▲
2024 · €60k
Current ratio
5.94▼
2024 · 13.12
Quick ratio
5.53▼
2024 · 12.06
Debt to equity
0.22▲
2024 · 0.11
ROE
13.5%▲
2024 · 11.3%
ROA
11.1%▲
2024 · 10.2%
Interest coverage
50.96▲
2024 · 35.71
Debt ≤ 1 year
€67k▲
2024 · €26k
Debt > 1 year
€21k▲
2024 · €18k
Income taxes
€27k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€457k€498k▲
Fixed assets21/28€112k€98k▼
Tangible fixed assets22/27€112k€97k▼
Land and buildings22€48k€48k=
Plant, machinery and equipment23€19k€17k▼
Furniture and vehicles24€45k€33k▼
Financial fixed assets28€700€700=
Current assets29/58€345k€400k▲
Stocks and contracts in progress3€28k€28k=
Stocks30/36€28k€28k=
Amounts receivable within one year40/41€8k€12k▲
Trade receivables40€8k€12k▲
Other amounts receivable41€383-
Cash at bank and in hand54/58€309k€359k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€457k€498k▲
Equity10/15€412k€409k▼
Contributions10/11€174k€174k=
Capital10€174k€174k=
Issued capital100€174k€174k=
Reserves13€242k€239k▼
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Distributable reserves133€225k€222k▼
Profit (loss) carried forward14€-4k€-4k=
Amounts payable17/49€45k€88k▲
Amounts payable after more than one year17€18k€21k▲
Other amounts payable178/9€18k€21k▲
Amounts payable within one year42/48€26k€67k▲
Trade debts44€728€3k▲
Suppliers440/4€728€3k▲
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€5k▲
Other amounts payable47/48€24k€60k▲
Accrued charges and deferred income492/3€940-
Income statement
Code20242025
Non-recurring operating income76A€233-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€86k€100k▲
Operating profit (loss)9901€72k€82k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€69k€82k▲
Income taxes67/77€23k€27k▲
Profit (loss) for the period9904€47k€55k▲
Profit (loss) for the period to be appropriated9905€47k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€51k▲
Profit (loss) brought forward from the previous period14P€-4k€-4k=
Transfer from equity791/2€23k€58k▲
Transfer to equity691/2€47k€55k▲
To the legal reserve6920€3k€3k▲
To other reserves6921€44k€53k▲
Profit to be distributed694/7€23k€58k▲
Return on contributions (dividend)694€23k€58k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €59k ▲67.5%
Operating result €88k, net result €59k, both a record.
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zoersel · 1 establishment unit since 2000
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.
Driesheide 42980 ZoerselGround area
5,917 m²
Building footprint
175 m²
Volume, LiDAR
1,067 m³
Parcel 11017C0085/00C003, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BLUE STAR CONSTRUCT
since 20002.099.969.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0085/00C003 | Flanders | 5,917 m² | 1 · 175 m² | 8.3 m · 2 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
OMM CONSULTANCY
BE 0652.837.318
Lokeren · Eq €409,458
VICABEL
BE 0469.456.244
Zwevegem · Eq €409,439
MANAGEMENT VALERIE COLLIN
BE 0885.682.947
Landen · Eq €409,462
OptiMax Consulting
BE 0501.825.243
Wemmel · Eq €409,499
RebelGroup Advisory Belgium
BE 0877.076.275
Antwerpen · Eq €409,535
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,206 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-11-2000
Fiscal year end30-06
Abbreviation NL
BSC
Activities, NACEBEL 2025
70200Business and other management consultancy
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
68201Renting and operating of own or leased residential real estate, excluding social housing
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.