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Complete company report
Generated 28-06-2026
Active BE 0767.871.893Private limited companyOpen bankruptcy

BLUE STONE

Vlaanderenstraat 72 ·9000 Gent, Belgium· 5 yrs active
Sector: NACE 82200 (82200)
Conclusion Checked

A bankruptcy procedure is open for BLUE STONE according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €16k and a net result of €9k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €16k
Net result €9k
Staff (FTE) 0.7
Better than sector 18%
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency5Growth50Stability0
31 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 100
Solvency 5
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 15-11-2022 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 3.5% 48.8%
better than 18% of 225 sector peers
Net result €9k €12k
better than 45% of 225 sector peers
Equity €16k €18k
better than 46% of 225 sector peers
Gross operating margin €29k €25k
better than 55% of 225 sector peers
Staff costs €6k €25k
higher than 43% of 39 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2022
Revenue—
EBITDA€22k
Net profit€9k
Cash flow€22k
Staff costs€6k
Income taxes€3k
Dividends—
Total assets€463k
Equity€16k
Debt€447k
of which ≤ 1y€447k
of which > 1y—
Working capital€-167k
Employees (FTE)0.7
Ratios (computed)
2022
Current ratio0.63
Quick ratio0.63
Working capital ratio-36.1%
Solvency3.5%
Debt / equity27.30
Long-term debt ratio—
Interest coverage31.69
Gross margin—
Net margin—
ROA1.9%
ROE54.2%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€463k
Fixed assets 21/28€184k
Formation expenses 20€90
Intangible fixed assets 21€157k
Tangible fixed assets 22/27€27k
Current assets 29/58€280k
Amounts receivable within one year 40/41€276k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€463k
Equity 10/15€16k
Contributions / capital 10/11€8k
Reserves 13€9k
Amounts payable 17/49€447k
Amounts payable within one year 42/48€447k
Trade debts payable within one year 44€438k
Income statement
Gross operating margin 9900€29k
Operating result 9901€9k
Financial income 75€4k
Financial charges 65€706
Result before taxes 9903€12k
Income taxes 67/77€3k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator PIETER WAUMAN
VIJFSTRATEN 57-59, 9100 SINT- NIKLAAS
 14-02-2023 → present Belgian State Gazette
Curator GEERT DEFREYNE
KORTRIJKSESTEENWEG 361, 9000 GENT
 14-02-2023 → present Belgian State Gazette
Legal Structure
NACE primary 82200
Legal form Private limited company(610)
Incorporation05-05-2021
StatusActive
Postal code9000
First BS signal 20-02-2023
Latest BS signal 20-02-2023
Company structure — linked entities2 linked entities
BLUE STONEBE 0767.871.893PIETER WAUMANReceiver ↔ 101Team FundamentSeid, SadakRenoteam F&PGEERT DEFREYNEReceiver
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
BLUE STONE
Vlaanderenstraat 72, 9000 GentAlgemene bouw van residentiële gebouwen
since 20212.317.453.130
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D1627/00Y000 Flanders 183 m² 1 · 182 m² 19.5 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
20-02-2023
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · BLUE STONE BV VLAANDE- RENSTRAAT 72/1A, 9000 GENT. Handelsbenaming: DELTASUN · event 14-02-2023
2022
15-11-2022
NBB filing Annual accounts filed
fiscal year 2022 · micro
Lifecycle & Insolvency Signals 1 events
20-02-2023
Bankruptcy Opening
Date: 14-02-2023 · Ondernemingsrechtbank Gent, afdeling Gent · BLUE STONE BV VLAANDE- RENSTRAAT 72/1A, 9000 GENT. Handelsbenaming: DELTASUN · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-02-20 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Callcenters82200Activiteiten van callcenters82200
Primary activity highlighted.
Names & trade names
Legal nameNL BLUE STONE
Registered office
Vlaanderenstraat 72 bus 1A
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative