Equity
€59,150 =
BlueGem paid out €320,475 in dividends. That is 100% of the 2025 profit.
BlueGem
Lifetime
8 annual accounts with figures on one time axispeak €444,670 (2025)
€444,670▲ 346%
peak €320,475 (2025)
€320,475▲ 76.7%
peak €118,603 (2021)
€59,150unchanged
€559,966▲ 117%
Board2 names since 2017
2 directorsDEGRAEVE Aude Yolande and 1 other
Documentsfilings and deeds
05-06-202656 days before the deadline
2025micro format
Gross margin from €99,792 to €444,670Result from €181,377 to €320,475Dividend €320,475Debts from €258,313 to €559,966Investments €55,829Cash from €142,801 to €2
Key points
from the 2025 annual accountsResult
€320,475 ▲ 76.7%
The result rose in 2025 from €181,377 to €320,475.
Debts
€559,966 90% of the balance sheet
Financial debts 0%Suppliers 1%Taxes and wages 12%Other 87%
Investments
€55,829 14.9 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts 3 late
The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
€320,475
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.
Checked score
81
Excellent
Financially stronger than 35% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.2 percentage points vs 07-2025
09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.5 percentage points vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.78, cash €2, halved
Equity €59,150 (9.6% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €619,116
Calculation
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 70, micro). It does better than 16% of them on solvency, 1% on liquidity, 84% on profitability and 40% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 875 companies had the same profile as BlueGem has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BlueGem itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 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 875 companies, not a prediction for BlueGem. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.78 (0.74 in 2024), below 1. Short-term debt is 90.4% and cash 0% of total assets. 90.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 39376 sector peers (2025).
NBB · sector comparisonPosition among 39376 sector peers
Solvency
better than 16%
← 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 05-06-2026, 56 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
56 days early
2024
25 days late
2023
5 days early
2022
34 days early
2021
30 days early
2020
5 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DEGRAEVE Aude Yolande 100 sharesdeed of 08-11-2017
Shares in 1 company, ASD ADVICE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683975506
Change of role: DEGRAEVE Aude, from manager to director
Director discharge: DEGRAEVE Aude · General meeting of 09-10-2023 · Gazette deed
Registered office moved from Uccle to Wavre
New registered office: Voie Maréchal Grouchy, 26 à 1300 Wavre · Previous registered office: Rue de Nieuwenhove 32/1 à 1180 Uccle · General meeting of 16-11-2021 · Gazette deed
Registered office moved within Uccle
New registered office: Rue de Nieuwenhove 32/1 à 1180 Uccle · Previous registered office: Chaussée d'Alsemberg 789 boîte 2-1180 Uccle · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BlueGem Wavre | €619,116 | €444,670 | 9.6% | - |
| Philippe Henri Delhez Lasne | €493,535 | €475,371 | 19.2% | - |
| nonzerosum Ghent | €634,192 | €466,843 | -7.6% | 6.9 |
| ALMEVAN Oud-Turnhout | €593,629 | €441,997 | 4.3% | 0 |
| KAZOR Watermael-Boitsfort | €555,323 | €432,106 | 4.6% | - |
| Jayjays Leuven | €688,922 | €414,479 | 63.0% | - |
| Moremi Destelbergen | €700,785 | €418,356 | 5.3% | - |
These companies have the same main activity as BlueGem: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €494,000 and €701,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 06-11-2017Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.269.952.6261300 Wavre, since 06-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 06-11-2025
Annual accounts 2025
- ≈ €640,000estimated
- €619,116▲ 95.0%
- Filing
- Filed on 05-06-2026, 56 days before the end of the filing period
Insights on BlueGem
BlueGem files the micro format. That format states no turnover. The gross margin rose from €18,467 in 2018 to €444,670 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BlueGem
- What is the company number of BlueGem?
- The company number of BlueGem is 0683.975.506. The VAT number is the same number with BE in front: BE 0683.975.506.
- Where is BlueGem based?
- The registered office is at Voie Maréchal Grouchy 26, 1300 Wavre.Company details
- What does BlueGem do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BlueGem?
- BlueGem is a private limited company (BV).
- When was BlueGem founded?
- BlueGem was founded on 06-11-2017.
- Is BlueGem still active?
- Yes, BlueGem is an active enterprise in the KBO register.
- What is the turnover of BlueGem?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €444,670 and 95 comparable companies (NACE 70200). It probably lies between €530,000 and €1.1m.Financials
- Is BlueGem profitable?
- In financial year 2025, BlueGem made a profit of €320,475.
- Where can I find the annual accounts of BlueGem?
- BlueGem filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BlueGem due?
- BlueGem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.