Blue TECH
ActiveFor Blue TECH, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €783 and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 6145 sector peers (fiscal year 2023). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability75▲+75
Solvency28▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
2.7%
Return on assets
4.7%
Age of the figures
33 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d late
2022
143 d late
2021
72 d late
2020
26 d late
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k
2022 · €-28k
2018: €31k
2019: €28k
2020: €23k
2021: €3k
2022: €-28k
2018 → 2023
Working capital
€-2k▲ 91.0%
2022 · €-26k
2018: €-57k
2019: €-20k
2020: €10k
2021: €-3k
2022: €-26k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€4k-€25k▲ 530%€28k▲ 12.5%€-564€783
Operating result€31k-€29k▼ 5.7%€4k▼ 87.6%€-28k€2k
Net result€28k-€23k▼ 17.8%€3k▼ 86.4%€-28k€1k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €2k after a loss of €28k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €29k
Fixed assets
€3k▼ 87.8%
Current assets
€26k▼ 43.6%
Equity and liabilities €29k
Equity
€783
Debt
€28k
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€5k▲
2022 · €-17k
Cash flow
€4k▲
2022 · €-17k
Solvency
2.7%▲
2022 · -0.8%
Current ratio
0.92▲
2022 · 0.63
Quick ratio
0.92▲
2022 · 0.63
ROA
4.7%▲
2022 · -40.1%
Interest coverage
13.67▲
2022 · -39.31
Debt
€28k▼
2022 · €72k
Debt ≤ 1 year
€28k▼
2022 · €72k
Equity ratios withheld: equity of €783 is too small for a meaningful ratio.
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€71k€29k▼
Fixed assets21/28€26k€3k▼
Tangible fixed assets22/27€26k€3k▼
Furniture and vehicles24€26k€3k▼
Current assets29/58€45k€26k▼
Amounts receivable within one year40/41€18k€11k▼
Trade receivables40€18k-
Other amounts receivable41€421€11k▲
Cash at bank and in hand54/58€26k€15k▼
Deferred charges and accrued income490/1€876€32▼
Equity and liabilities
Total equity and liabilities10/49€71k€29k▼
Equity10/15€-564€783▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€14k€14k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-33k€-32k▲
Amounts payable17/49€72k€28k▼
Amounts payable within one year42/48€72k€28k▼
Trade debts44€37k-
Suppliers440/4€37k-
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€32k€28k▼
Income statement
Code20222023
Non-recurring operating income76A€500-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€3k▼
Other operating charges640/8€412€465▲
Non-recurring operating charges66A-€21k
Gross operating margin9900€-16k€26k▲
Operating profit (loss)9901€-28k€2k▲
Financial charges65/66B€605€525▼
Recurring financial charges65€425€350▼
Non-recurring financial charges66B€180€175▼
Profit (loss) for the period before taxes9903€-28k€1k▲
Income taxes67/77€114-
Profit (loss) for the period9904€-28k€1k▲
Profit (loss) for the period to be appropriated9905€-28k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-32k▲
Profit (loss) brought forward from the previous period14P€-5k€-33k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 143 days late
2022
31-12
Financial
Weakest financial yearnet €-28k ▼1015%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 72 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.56 to 1.21; short-term debt falls from €46k to €45k.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 42 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Enghien · 1 establishment unit since 1999
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.
Ridderschapsdreef(P.E.) 227850 EnghienGround area
1.1 ha
Building footprint
529 m²
Parcel 55033A0527/00P005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ridderschapsdreef(P.E.) 22, 7850 Enghien
since 19992.102.770.948
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033A0527/00P005 | Wallonia | 1.1 ha | 1 · 529 m² | - |
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.
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Of 2,126 companies in sector 46500 we hold annual accounts for 1,403. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-12-1989
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.