BLUE WAY
ActiveBLUE WAY has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285k and a net result of €37k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+84
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 13.6 against 9.67 in 2024; short-term debt: 7.2% and cash: 72.6% of total assets), and 7.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 71
Relative position
BE, all sectors
reference
Sector 71
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
92.8%
Return on assets
11.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 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
26 d late
2024
4 d late
2023
20 d late
2022
22 d late
2021
10 d late
2020
1 d late
2019
1 d early
← before the deadline
after the deadline →
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 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€285k▲ 14.8%
2024 · €248k
2019: €60k
2020: €69k
2021: €183k
2022: €254k
2023: €308k
2024: €248k
2019 → 2025
Total assets
€307k▲ 11.2%
2024 · €276k
2019: €111k
2020: €80k
2021: €243k
2022: €288k
2023: €351k
2024: €276k
2019 → 2025
Net result
€37k
2024 · €-60k
2019: €38k
2020: €9k
2021: €114k
2022: €72k
2023: €54k
2024: €-60k
2019 → 2025
Working capital
€279k▲ 15.7%
2024 · €241k
2019: €46k
2020: €59k
2021: €176k
2022: €249k
2023: €305k
2024: €241k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€183k-€254k▲ 39.3%€308k▲ 21.2%€248k▼ 19.4%€285k▲ 14.8%
Operating result€166k-€105k▼ 36.8%€77k▼ 27.1%€-59k€41k
Net result€114k-€72k▼ 36.9%€54k▼ 24.8%€-60k€37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €41k after a loss of €59k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€6k▼ 14.7%
Current assets
€301k▲ 11.9%
Equity and liabilities €307k
Equity
€285k▲ 14.8%
Debt
€22k▼ 20.4%
The debt ratio falls from 10.1% to 7.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €-58k
Cash flow
€38k▲
2024 · €-59k
Solvency
92.8%▲
2024 · 89.9%
Current ratio
13.60▲
2024 · 9.67
Quick ratio
13.60▲
2024 · 9.67
Debt / equity
0.08▼
2024 · 0.11
ROE
12.9%▲
2024 · -24.1%
ROA
11.9%▲
2024 · -21.7%
Interest coverage
20.46▲
2024 · -26.90
Debt
€22k▼
2024 · €28k
Debt ≤ 1 year
€22k▼
2024 · €28k
Income taxes
€4k▲
2024 · €431
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€276k€307k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€56-
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€269k€301k▲
Amounts receivable within one year40/41€58k€78k▲
Trade receivables40€41k€64k▲
Other amounts receivable41€18k€14k▼
Cash at bank and in hand54/58€210k€223k▲
Deferred charges and accrued income490/1€822€269▼
Equity and liabilities
Total equity and liabilities10/49€276k€307k▲
Equity10/15€248k€285k▲
Contributions10/11€9k€9k=
Reserves13€239k€275k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€237k€273k▲
Profit (loss) carried forward14€403€1k▲
Amounts payable17/49€28k€22k▼
Amounts payable within one year42/48€28k€22k▼
Current portion of amounts payable after more than one year42€1k€1k=
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Other amounts payable47/48€9k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€632▼
Gross operating margin9900€-56k€43k▲
Operating profit (loss)9901€-59k€41k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-59k€41k▲
Income taxes67/77€431€4k▲
Profit (loss) for the period9904€-60k€37k▲
Profit (loss) for the period to be appropriated9905€-60k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€403€37k▲
Profit (loss) brought forward from the previous period14P€60k€403▼
Transfer to equity691/2-€36k
To other reserves6921-€36k
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
Next filing, fiscal year 2026, expected by
2026
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
30-06
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €-60k ▼211%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-06
Financial
Liquidity doublescurrent ratio 8.35
Current ratio from 3.91 to 8.35; short-term debt falls from €60k to €34k.
30-06
Financial
Equity above €200kEq €254k ▲39.3%
4 profitable years in a row build equity to €254k.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
30-06
Financial
Highest result since 2019net €114k ▲1166%
Operating result €166k, net result €114k, both a record.
30-06
Financial
Equity above €150kEq €183k ▲165%
3 profitable years in a row build equity to €183k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Liquidity triplescurrent ratio 6.24
Current ratio from 1.90 to 6.24; short-term debt falls from €51k to €11k.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Dilbeek · 1 establishment unit since 2003
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.
De Bergen 33A1700 DilbeekGround area
3,479 m²
Building footprint
379 m²
Volume, LiDAR
2,003 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BLUE WAY
since 20032.126.228.122
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016C0115/00L000 | Flanders | 2,007 m² | 1 · 132 m² | 9.1 m · 2 fl. |
| 23016C0115/00M000 | Flanders | 1,472 m² | 1 · 247 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
VAN HESE
BE 0464.500.534
Lokeren · Eq €285k
OLAB
BE 0654.754.057
Sint-Lievens-Houtem · Eq €287k
Anne Goossens Architectuur
BE 0547.935.479
Meise · Eq €283k
SKIN INTERIOR AND DESIGN
BE 0757.644.333
Knokke-Heist · Eq €283k
STUDIO STONE
BE 0501.692.413
Tielt · Eq €288k
Of 3,916 companies in sector 71112 we hold annual accounts for 1,295. 881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2003
Fiscal year end30-06
Activities, NACEBEL
71112Activities of interior architects
73120Media representation
74402
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.