Equity
Equity fell by 46% in 8 years.
Equity fell by 46% in 8 years.
The result rose in 2025 from €147,266 to €321,197.
Of this, €1.4m falls due within a year.
Between 2018 and 2025, 71% of the full-time equivalents disappeared.
Eight of the last ten came late. The 2024 accounts came latest: 61 days after the end of the period.
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 63, micro). It does better than 28% of them on solvency, 5% on liquidity, 61% on profitability and 75% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 5,053 companies had the same profile as BLUE 2 PURPLE has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BLUE 2 PURPLE itself: 1.0% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for BLUE 2 PURPLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.28 (1.18 in 2024), below the usual 1.5. Short-term debt is 75.7% and cash 0% of total assets. 76.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, blue2purple France
Board & ownership| Company | ||||
|---|---|---|---|---|
| BLUE 2 PURPLE Watermael-Boitsfort | €1.9m | €0.8m | 23.7% | 4.3 |
| L'Agence pour le Non Marchand Ixelles | €1.6m | €0.8m | 48.2% | 5.2 |
| Cegid Invoice & Financing Auderghem | €3.2m | €1.1m | -83.3% | 6.3 |
| DOCTENA Belgium Brussels | €1.9m | €0.4m | -362.9% | 4.6 |
| E-Therm Pajottegem | €1.4m | €0.4m | 59.9% | 2.4 |
| MICROFLUO Seraing | €2.0m | €0.2m | 90.8% | 7.2 |
| BOUWKAMPIOEN Merelbeke-Melle | €2.0m | €1.0m | 73.7% | 6.7 |
These companies have the same main activity as BLUE 2 PURPLE: web portal activities (NACE 63910). They are comparable in size and age: total assets between €1.4m and €3.2m, founded between 2004 and 2015.
BLUE 2 PURPLE has existed since 2008. In 2010 the gross margin rose from €53,091 to €188,220 and staff from 2.3 to 3.6 full-time equivalents.
Solvency rose in 2025 from 16.1% to 23.7% because of lower debts.
VIRTUOLOGY INTERNATIONAL holds all the shares. In February 2024, the Official Gazette published the appointment of be before SRL as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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