Skip to content

BlueBird

Active
Public limited companyfounded 20214 yrs activeWaterlelielaan 1, 9032 Gent, BelgiumKBO/BCE: BE 0778.684.623

The computed 12-month bankruptcy probability of BlueBird is 1.6% (moderate). The 2025 annual accounts show equity of €1.07M and a net result of €-4k. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 2176 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 23.08 against 29.99 in 2024; short-term debt: 4.3% and cash: 9% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.7%
Return on assets
-0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 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 · 4 filings
Deviation from the deadline
2025
26 d late
2024
7 d early
2023
12 d late
2022
35 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.07M▲ 20.7%
2024 · €884k
2022: €147k 2023: €638k 2024: €884k
2022 → 2025
Total assets
€1.12M▲ 22.0%
2024 · €914k
2022: €147k 2023: €670k 2024: €914k
2022 → 2025
Net result
€-4k▼ 7.8%
2024 · €-4k
2022: €-3k 2023: €-9k 2024: €-4k
2022 → 2025
Working capital
€1.07M▲ 20.7%
2024 · €884k
2022: €147k 2023: €638k 2024: €884k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€147k-€638k▲ 334%€884k▲ 38.5%€1.07M▲ 20.7%
Operating result€-3k-€-9k▼ 216%€-4k▲ 54.6%€-4k▼ 7.8%
Net result€-3k-€-9k▼ 214%€-4k▲ 54.0%€-4k▼ 7.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-8k€-5k€-3k€0Operating result 2022: €-3k€-3kNet result 2022: €-3k€-3kOperating result 2023: €-9k€-9kNet result 2023: €-9k€-9kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4kOperating result 2025: €-4k€-4kNet result 2025: €-4k€-4k2022202320242025
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.12M
Equity €1.07M▲ 20.7%
Debt €48k▲ 58.5%
The debt ratio rises from 3.3% to 4.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
95.7%
2024 · 96.7%
Current ratio
23.08
2024 · 29.99
Quick ratio
2.53
2024 · 6.57
Debt / equity
0.05
2024 · 0.03
ROE
-0.4%
2024 · -0.5%
ROA
-0.4%
2024 · -0.5%
Debt
€48k
2024 · €30k
Debt ≤ 1 year
€48k
2024 · €30k
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€914k€1.12M
Current assets29/58€914k€1.12M
Stocks and contracts in progress3€714k€993k
Stocks30/36€714k€993k
Amounts receivable within one year40/41€27k€13k
Trade receivables40€197€5k
Other amounts receivable41€26k€8k
Cash at bank and in hand54/58€165k€100k
Deferred charges and accrued income490/1€9k€9k
Equity and liabilities
Total equity and liabilities10/49€914k€1.12M
Equity10/15€884k€1.07M
Contributions10/11€900k€1.09M
Capital10€900k€1.09M
Issued capital100€1.15M€1.15M=
Uncalled capital101€250k€63k
Profit (loss) carried forward14€-16k€-21k
Amounts payable17/49€30k€48k
Amounts payable within one year42/48€30k€48k
Trade debts44€30k€48k
Suppliers440/4€30k€48k
Income statement Code20242025
Other operating charges640/8€528€544
Gross operating margin9900€-4k€-4k
Operating profit (loss)9901€-4k€-4k
Financial charges65/66B€67€70
Recurring financial charges65€67€70
Profit (loss) for the period before taxes9903€-4k€-4k
Profit (loss) for the period9904€-4k€-4k
Profit (loss) for the period to be appropriated9905€-4k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-21k
Profit (loss) brought forward from the previous period14P€-12k€-16k

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial Equity above €1MEq €1.07M ▲20.7%
Equity rises from €884k to €1.07M.
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €500kEq €638k ▲334%
Equity rises from €147k to €638k.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Gent · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Waterlelielaan 19032 Gent
Ground area
5,728 m²
Building footprint
268 m²
Parcel 44074C0050/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
BlueBird
Waterlelielaan 1, 9032 GentConstruction of residential and non-residential buildings
since 20212.328.361.769
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074C0050/00H000
ProtectedMonumentHoeve Dossche: boerenwoningSource ↗
Flanders 5,728 m² 1 · 268 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 6,188 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-12-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.