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BLUE TRAVEL

Active
Private limited companyfounded 2012active for 14 yearsTongersesteenweg 196, 3723 Hasselt, BelgiumKBO/BCE: BE 0846.025.585
Summary

The computed 12-month bankruptcy probability of BLUE TRAVEL is 2.0% (moderate). The 2025 annual accounts show negative equity (-€127,338) and a net result of -€9,090. Equity has been stable since 2018 (±2.4% per year). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-05-2012 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.211.218.631 3723 Hasselt, since 20-05-2012
Financial year end
31 December
Peppol
Reachable since 08-07-2026

Board and ownership

Board
  • Coppens BartDirector · since 08-09-2020
Shareholders

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts 2025
Gross margin
-€6,153
▼ 9.5%
Loss
€9,090
▲ 26.1%
Equity
-€127,338
▼ 7.7%
Total assets
€495,346
▲ 21×
  • Negative equity on 31-12-2025
  • 2025 accounts filed 76 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.80, cash €542Last filed accounts filed 76 days late; 2 of the last 3 accounts lateNegative equity -€127,338lowers riskSize: total assets €495,346Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 0=
equity -25.7% of total assets
Liquidity 0-4
short-term debt 125.7% · cash 0.1%
Profitability 33+33
return on assets -1.8%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 7.2% 01-2025: 7.2%● unchanged vs 12-2024 02-2025: 7.2%● unchanged vs 01-2025 03-2025: 7.6%▲ +0.4 percentage points vs 02-2025 04-2025: 8.1%▲ +0.5 percentage points vs 03-2025 05-2025: 8.6%▲ +0.5 percentage points vs 04-2025 06-2025: 9.2%▲ +0.6 percentage points vs 05-2025 07-2025: 9.3%▲ +0.1 percentage points vs 06-2025 08-2025: 9.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 5.8%▼ -3.8 percentage points vs 08-2025 10-2025: 5.7%▼ -0.1 percentage points vs 09-2025 11-2025: 5.7%● unchanged vs 10-2025 12-2025: 5.3%▼ -0.4 percentage points vs 11-2025 01-2026: 5.3%● unchanged vs 12-2025 02-2026: 5.3%● unchanged vs 01-2026 03-2026: 5.4%▲ +0.1 percentage points vs 02-2026 04-2026: 5.8%▲ +0.4 percentage points vs 03-2026 05-2026: 6.2%▲ +0.4 percentage points vs 04-2026 06-2026: 6.7%▲ +0.5 percentage points vs 05-2026 07-2026: 6.9%▲ +0.2 percentage points vs 06-2026 08-2026: 3.1%▼ -3.8 percentage points vs 07-2026 09-2026: 3.2%▲ +0.1 percentage points vs 08-2026 10-2026: 2.0%▼ -1.2 percentage points vs 09-2026lowest value 11-2026: 2.0%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.8 (0.17 in 2024), below 1. Short-term debt is 125.7% and cash 0.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 3% on liquidity, 23% on profitability and 27% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €495,346
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.80, cash €542
NBB · annual accounts
raises risk · Last filed accounts filed 76 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€127,338
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€127,338
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
on the day
2023
36 days late
2022
31 days late
2021
26 days late
2020
61 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 47 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€127,338 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€9,090 View

Recent changes

  1. · Gazette deed Company renamed from TUBE SOLUTIONS to BLUE TRAVEL
  2. · Gazette deed Registered office moved from Schoten to KortessemNew seat: 3723 Kortessem (Guigoven), Tongersesteenweg 196 · Previous seat: 2900 Schoten, Brechtsebaan 36 unit 17
  3. · Gazette deed Incorporation
All 15 events

Key facts about BLUE TRAVEL

What is the company number of BLUE TRAVEL?
The company number of BLUE TRAVEL is 0846.025.585. The VAT number is the same number with BE in front: BE 0846.025.585.
Where is BLUE TRAVEL based?
The registered office is at Tongersesteenweg 196, 3723 Hasselt.Company details
What is the legal form of BLUE TRAVEL?
The legal form of BLUE TRAVEL is Private limited company (BV).
When was BLUE TRAVEL founded?
BLUE TRAVEL was founded on 20-05-2012.
Is BLUE TRAVEL still active?
Yes, BLUE TRAVEL is an active enterprise in the KBO register.
What is the turnover of BLUE TRAVEL?
The annual accounts for financial year 2025 state no turnover.Financials
Is BLUE TRAVEL profitable?
In financial year 2025, BLUE TRAVEL made a loss of €9,090.
Where can I find the annual accounts of BLUE TRAVEL?
BLUE TRAVEL filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLUE TRAVEL due?
BLUE TRAVEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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