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Bluegrass Ventures

Active
Limited partnershipfounded 20232 yrs activeGentsesteenweg 1140, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 1003.899.718
Summary

Bluegrass Ventures has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.5m and a net result of -€904,461. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€25.9mtotal assets 2025
Equity
€25.5m
Loss
-€904,461
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
Bluegrass Ventures Privak · 100%
Holdings
2
Accounts 3 d early3 of 7 deeds read
Why 94- Liquidity: current ratio 0.50, cash €177,493- Founded in 2023+ Size: total assets €25.9m+ No main activity registeredShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (no NACE code, medium-sized)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 100
equity 98.6% of total assets
Liquidity 51
short-term debt 1.4% · cash 0.7%
Profitability 29
return on assets -3.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2025: 1.6% 02-2025: 1.6%● 0.0% vs 01-2025 03-2025: 1.7%▲ +2.7% vs 02-2025 04-2025: 2.0%▲ +19.4% vs 03-2025 05-2025: 2.1%▲ +5.4% vs 04-2025 06-2025: 2.4%▲ +10.9% vs 05-2025 07-2025: 2.4%● 0.0% vs 06-2025 08-2025: 2.5%▲ +6.7% vs 07-2025 09-2025: 2.5%▼ -0.5% vs 08-2025 10-2025: 2.4%▼ -3.4% vs 09-2025 11-2025: 2.7%▲ +13.1% vs 10-2025 12-2025: 2.7%▼ -1.2% vs 11-2025 01-2026: 3.3%▲ +21.7% vs 12-2025highest value 02-2026: 0.1%▼ -97.1% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -2.1% vs 06-2026 08-2026: 0.1%▼ -4.3% vs 07-2026 09-2026: 0.1%▼ -7.8% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €25.9m lowers the probability for this profile
  • No main activity registered lowers the probability
  • Liquidity: current ratio 0.50, cash €177,493 raises the probability
  • Founded in 2023 raises the probability for this profile
Credit up to €2,350,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.5; short-term debt: 1.4% and cash: 0.7% of total assets), and 1.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, medium-sized). Better than this share of them on solvency 74%, liquidity 63%, profitability 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €25.9m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · No main activity registered
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 0.50, cash €177,493
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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
  1. Capital & sharesCapital increase · Share issue…
  2. Capital & sharesCapital decrease · Statutes amendment
  3. Capital & sharesCapital increase · Declaration ·…

Key points

  • Controlled by Bluegrass Ventures Privakitself parent of 1 companies 100% View
  • Total assets 2025first fiscal year filed €25.9m View
  • Active since 2023founded 26-12-2023 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€25.9m
Loss
-€904,461
Solvency
98.6%
Go to Financials

Timeline

Events
4
Since
2026
  1. 14-09-2026Capital & shares
  2. 05-05-2026Capital & shares
  3. 27-02-2026Capital & shares
Go to Timeline

Company details

Sites
1
Legal form
Limited partnership
Founded
26-12-2023
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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