BlueChem
ActiveBlueChem has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 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
Profitability68▼-2
Solvency28▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 0.73 in 2024; short-term debt: 5.8% and cash: 5.1% of total assets), and 96.7% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
3.3%
Return on assets
-0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4533 sector peers (2025).
NBB · sector comparisonPosition among 4533 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
21 d late
2023
6 d early
2022
35 d early
2021
29 d late
2020
54 d early
2019
4 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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16k
2024 · €76k
2018: €-29k
2019: €-15k
2020: €-218k
2021: €-106k
2022: €138k
2023: €-88k
2024: €76k
2018 → 2025
Working capital
€146k
2024 · €-135k
2018: €27k
2019: €28k
2020: €-190k
2021: €209k
2022: €72k
2023: €-63k
2024: €-135k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-60k-€78k€199k▲ 157%€275k▲ 38.1%€259k▼ 6.0%
Operating result€-101k-€144k€-80k€85k€-5k
Net result€-106k-€138k€-88k€76k€-16k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €85k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.85M
Fixed assets
€7.25M▼ 1.9%
Current assets
€602k▲ 62.7%
Equity and liabilities €7.85M
Equity
€259k▼ 6.0%
Debt
€7.59M▲ 1.4%
The debt ratio rises from 96.5% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€404k▼
2024 · €474k
Cash flow
€392k▼
2024 · €465k
Solvency
3.3%▼
2024 · 3.5%
Current ratio
1.32▲
2024 · 0.73
Quick ratio
1.32▲
2024 · 0.73
Debt / equity
29.31▲
2024 · 27.18
ROE
-6.3%▼
2024 · 27.6%
ROA
-0.2%▼
2024 · 1.0%
Interest coverage
33.41▼
2024 · 51.93
Debt
€7.59M▲
2024 · €7.48M
Debt ≤ 1 year
€457k▼
2024 · €505k
Debt > 1 year
€7.11M▲
2024 · €6.91M
Staff costs
€80k▲
2024 · €71k
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€7.76M€7.85M▲
Fixed assets21/28€7.39M€7.25M▼
Intangible fixed assets21€9k€23k▲
Tangible fixed assets22/27€7.38M€7.22M▼
Land and buildings22€7.09M€6.83M▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€197k€160k▼
Assets under construction and advance payments27€87k€233k▲
Current assets29/58€370k€602k▲
Amounts receivable within one year40/41€231k€185k▼
Trade receivables40€156k€164k▲
Other amounts receivable41€75k€21k▼
Cash at bank and in hand54/58€134k€401k▲
Deferred charges and accrued income490/1€5k€16k▲
Equity and liabilities
Total equity and liabilities10/49€7.76M€7.85M▲
Equity10/15€275k€259k▼
Contributions10/11€517k€517k=
Capital10€517k€517k=
Issued capital100€517k€517k=
Profit (loss) carried forward14€-242k€-258k▼
Amounts payable17/49€7.48M€7.59M▲
Amounts payable after more than one year17€6.91M€7.11M▲
Financial debts170/4€210k€692k▲
Trade debts175€6.58M€6.31M▼
Other amounts payable178/9€120k€111k▼
Amounts payable within one year42/48€505k€457k▼
Current portion of amounts payable after more than one year42€346k€359k▲
Trade debts44€149k€98k▼
Suppliers440/4€149k€98k▼
Taxes, remuneration and social security45€11k-
Taxes450/3€11k-
Accrued charges and deferred income492/3€68k€23k▼
Income statement
Code20242025
Remuneration, social security and pensions62€71k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€389k€409k▲
Other operating charges640/8€51k€52k▲
Gross operating margin9900€596k€536k▼
Operating profit (loss)9901€85k€-5k▼
Financial income75/76B€187€602▲
Recurring financial income75€187€602▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€76k€-16k▼
Profit (loss) for the period9904€76k€-16k▼
Profit (loss) for the period to be appropriated9905€76k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-242k€-258k▼
Profit (loss) brought forward from the previous period14P€-318k€-242k▲
Social balance
Average headcount (FTE)90871.82.4▲
The notes to these accounts (11 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
31-12
Financial
Equity above €200kEq €275k ▲38.1%
Equity rises from €199k to €275k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €199k ▲157%
Equity rises from €78k to €199k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €138k
Net result €138k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Liquidity times 5current ratio 1.72
Current ratio from 0.32 to 1.72.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-218k
Net result drops to €-218k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2017
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.
Olieweg 952020 AntwerpenGround area
2,982 m²
Building footprint
930 m²
Volume, LiDAR
20 m³
Parcel 11809I2910/00R000, Flanders · tallest building 1.7 m. Linked by address, not a title deed.
1 establishment unit
BlueChem
since 20172.264.658.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2910/00R000 | Flanders | 2,982 m² | 1 · 930 m² | 1.7 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 630,651 EUR awarded · 2,351 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 1,789 EUR |
| 2024 | 1 | 0 EUR | 252 EUR |
| 2023 | 2 | 630,341 EUR | 0 EUR |
| 2022 | 1 | 310 EUR | 310 EUR |
Schemes
FIO cofinanciering EFRO Vlaanderen en Interreg projecten
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-04-2017
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
82990Other business support services
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkOffers a parcel on business park:Blue Gate Antwerp