BLUEBIRD
BLUEBIRD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €47k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 151 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €156k |
| Net result | €47k |
| Better than sector | 68% |
| Active | 8 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 58.3% | 40.0% | |
| Net result | €47k | €46k | |
| Equity | €156k | €158k | |
| Gross operating margin | €69k | €110k | |
| Employees (FTE) | 0.0 | 0.9 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €68k | €34k | €62k | €13k |
| Net profit | €47k | €20k | €39k | €8k |
| Cash flow | €52k | €25k | €43k | €11k |
| Staff costs | - | - | - | - |
| Income taxes | €12k | €6k | €15k | €2k |
| Dividends | €30k | €2k | €2k | €800 |
| Total assets | €267k | €243k | €245k | €197k |
| Equity | €156k | €144k | €125k | €88k |
| Debt | €111k | €99k | €120k | €109k |
| of which ≤ 1y | €54k | €28k | €21k | €13k |
| of which > 1y | €55k | €69k | €96k | €96k |
| Working capital | €168k | €174k | €180k | €139k |
| Employees (FTE) | 0.0 | 0.0 | 0.0 | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 4.08 | 7.26 | 9.63 | 11.70 |
| Quick ratio | 4.08 | 7.26 | 9.63 | 11.70 |
| Working capital ratio | 62.8% | 71.8% | 73.2% | 70.3% |
| Solvency | 58.3% | 59.3% | 51.1% | 44.6% |
| Debt / equity | 0.71 | 0.69 | 0.96 | 1.24 |
| Long-term debt ratio | 0.35 | 0.48 | 0.77 | 1.09 |
| Interest coverage | 14.73 | 9.70 | 15.83 | 34.52 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 17.5% | 8.3% | 15.8% | 4.2% |
| ROE | 30.1% | 14.0% | 30.9% | 9.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €267k | €243k | €245k | €197k |
| Fixed assets | 21/28 | €45k | €41k | €45k | €46k |
| Tangible fixed assets | 22/27 | €40k | €36k | €40k | €41k |
| Financial fixed assets | 28 | €5k | €5k | €5k | €5k |
| Current assets | 29/58 | €222k | €202k | €200k | €152k |
| Amounts receivable within one year | 40/41 | €17k | €14k | €5k | €15k |
| Investments | 50/53 | €10k | €30k | - | - |
| Cash & bank | 54/58 | €75k | €60k | €96k | €36k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €267k | €243k | €245k | €197k |
| Equity | 10/15 | €156k | €144k | €125k | €88k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €137k | €125k | €107k | €70k |
| Accumulated profits (losses) | 14 | €0 | €0 | €-125 | - |
| Amounts payable | 17/49 | €111k | €99k | €120k | €109k |
| Amounts payable after one year | 17 | €55k | €69k | €96k | €96k |
| Amounts payable within one year | 42/48 | €54k | €28k | €21k | €13k |
| Trade debts payable within one year | 44 | €374 | €656 | €604 | €1k |
| Income statement | |||||
| Gross operating margin | 9900 | €69k | €35k | €63k | €14k |
| Operating result | 9901 | €63k | €29k | €58k | €10k |
| Financial income | 75 | €663 | €519 | - | - |
| Financial charges | 65 | €5k | €3k | €4k | €374 |
| Result before taxes | 9903 | €59k | €26k | €54k | €10k |
| Income taxes | 67/77 | €12k | €6k | €15k | €2k |
| Net result for the period | 9904 | €47k | €20k | €39k | €8k |
| Result to be appropriated | 9905 | €47k | €20k | €39k | €8k |
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 06-07-2018 |
| Status | Active |
| Postal code | 1653 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017E0312/00V003 | Flanders | 926 m² | 1 · 182 m² | 5.4 m · 1 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | BLUEBIRD |