Bluegrass Ventures
The computed 12-month bankruptcy probability of Bluegrass Ventures is 1.3% (low). The 2025 annual accounts show equity of €25.50M and a net result of €-904k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €25.50M |
| Net result | €-904k |
| Active | 2 yrs |
| Locations | 1 |
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-904k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €25.86M |
| Equity | €25.50M |
| Debt | €355k |
| of which ≤ 1y | €355k |
| of which > 1y | - |
| Working capital | €-177k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.50 |
| Quick ratio | 0.50 |
| Working capital ratio | -0.7% |
| Solvency | 98.6% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -3.5% |
| ROE | -3.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25.86M |
| Fixed assets | 21/28 | €25.68M |
| Financial fixed assets | 28 | €25.68M |
| Current assets | 29/58 | €178k |
| Amounts receivable within one year | 40/41 | €23 |
| Cash & bank | 54/58 | €177k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25.86M |
| Equity | 10/15 | €25.50M |
| Contributions / capital | 10/11 | €26.41M |
| Accumulated profits (losses) | 14 | €-904k |
| Amounts payable | 17/49 | €355k |
| Amounts payable within one year | 42/48 | €355k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €-904k |
| Operating result | 9901 | €-904k |
| Financial charges | 65 | €71 |
| Result before taxes | 9903 | €-904k |
| Net result for the period | 9904 | €-904k |
| Result to be appropriated | 9905 | €-904k |
| NACE primary | - |
| Legal form | Limited partnership(612) |
| Incorporation | 26-12-2023 |
| Status | Active |
| Postal code | 1082 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0078/00H003 | Brussels | 2,979 m² | 1 · 768 m² | 26.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-05-2026 Capital decrease of €702,527.08 to €85,641,617.80
- €86.344.144,88 → €85.641.617,80
- 2 kapitaalbewegingen in deze akte
Technical details
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"events": [
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"kind": "capital_decrease",
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"delta_eur": -171636.12,
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"issue_price_per_share_eur": null
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"distribution_amount_eur": 171636.12,
"statutory_unavailable_equity_op": null
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{
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"distribution_amount_eur": 702527.08,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-05-05",
"filing_date": "2026-04-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder_schriftelijk",
"act_date": "2026-04-27",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2026-03-16"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "1003.899.718",
"name_full": "Bluegrass Ventures",
"legal_form": "Commanditaire vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 86515781,
"class_name": "F1 t.e.m. F9",
"capital_share_eur": 85641617.8,
"voting_rights_per_share": null
}
]
}27-02-2026 Capital increase of €4,819,500 to €85,956,821
- €81.137.321 → €85.956.821
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 4819500.0,
"currency": "EUR",
"after_eur": 85956821.0,
"delta_eur": 4819500.0,
"before_eur": 81137321.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2026-01-16",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap, ten gevolge van de eerste kapitaalronde van de Soort G Aandelen van de Vennootschap, te verhogen met 4.819.500,00 EUR om het te brengen van 81.137.321,00 EUR op 85.956.821,00 EUR",
"contribution_type": "cash"
},
{
"kind": "capital_increase",
"amount": 558960.0,
"currency": "EUR",
"after_eur": 86515781.0,
"delta_eur": 558960.0,
"before_eur": 85956821.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2026-01-16",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap, ten gevolge van de eerste kapitaalronde van de Soort H Aandelen van de Vennootschap, te verhogen met 558.960,00 EUR om het te brengen van 85.956.821,00 EUR op 86.515.781,00 EUR.",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.899.718",
"name_full": "BLUEGRASS VENTURES",
"legal_form": "CommV"
}
}27-10-2025 Capital increase of €11,928,900 to €71,737,001
- €59.808.101 → €71.737.001
- 3 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 1530000.0,
"currency": "EUR",
"after_eur": 59808101.0,
"delta_eur": 1530000.0,
"before_eur": 58278101.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-03-12",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap in het kader van de derde Volgende Kapitaalronde met betrekking tot de Soort C Aandelen te verhogen met 1.530.000,00 EUR om het te brengen van 58.278.101,00 EUR op 59.808.101,00 EUR",
"contribution_type": "cash"
},
{
"kind": "capital_increase",
"amount": 11928900.0,
"currency": "EUR",
"after_eur": 71737001.0,
"delta_eur": 11928900.0,
"before_eur": 59808101.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-06-23",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap, ten gevolge van de eerste kapitaalronde van de Soort E Aandelen van de Vennootschap, te verhogen met 11.928.900,00 EUR om het te brengen van 59.808.101,00 EUR op 71.737.001,00 EUR",
"contribution_type": "cash"
},
{
"kind": "capital_increase",
"amount": 9400320.0,
"currency": "EUR",
"after_eur": 81137321.0,
"delta_eur": 9400320.0,
"before_eur": 71737001.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-09-04",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap, ten gevolge van de eerste kapitaalronde van de Soort F Aandelen van de Vennootschap, te verhogen met 9.400.320,00 EUR om het te brengen van 71.737.001,00 EUR op 81.137.321,00 EUR",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.899.718",
"name_full": "BLUEGRASS VENTURES",
"legal_form": "CommV"
}
}03-02-2025 Capital increase of €11,097,600 to €56,836,101
- €45.738.501 → €56.836.101
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 11097600.0,
"currency": "EUR",
"after_eur": 56836101.0,
"delta_eur": 11097600.0,
"before_eur": 45738501.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-12-24",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap in het kader van de tweede Volgende Kapitaalronde met betrekking tot de Soort C Aandelen te verhogen met 11.097.600,00 EUR om het te brengen van 45.738.501,00 EUR op 56.836.101,00 EUR",
"contribution_type": "cash"
},
{
"kind": "capital_increase",
"amount": 1442000.0,
"currency": "EUR",
"after_eur": 58278101.0,
"delta_eur": 1442000.0,
"before_eur": 56836101.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-12-24",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap in het kader van de Eerste Kapitaalronde met betrekking tot de Soort D Aandelen te verhogen met 1.442.000,00 EUR om het te brengen van 56.836.101,00 EUR op 58.278.101,00 EUR.",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.899.718",
"name_full": "BLUEGRASS VENTURES",
"legal_form": "CommV"
}
}28-05-2024 Capital increase of €4,156,500 to €45,738,501
- €41.582.001 → €45.738.501
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 4156500.0,
"currency": "EUR",
"after_eur": 45738501.0,
"delta_eur": 4156500.0,
"before_eur": 41582001.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-05-14",
"evidence_quote": "De Manager beslist het kapitaal van de Vennootschap in het kader van de Tweede Kapitaalronde te verhogen met 4.156.500,00 EUR om het te brengen van 41.582.001,00 EUR op 45.738.501,00 EUR",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
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"subject_company": {
"kbo": "1003.899.718",
"name_full": "BLUEGRASS VENTURES",
"legal_form": "CommV"
}
}28-12-2023 Incorporation of a new CommV
Technical details
{
"kind": "oprichting",
"seat": "Gentsesteenweg 1140 bus 7, 1082 Sint-Agatha-Berchem",
"schema": "v3.2",
"act_meta": {
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"founders": [
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"org": {
"kbo": "1001.029.013",
"name": "Alydar"
},
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"share_class": "All",
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},
{
"org": {
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},
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"initial_directors": [],
"incorporation_date": "2023-12-26",
"post_incorporation_mandates": []
}| Legal nameNL | Bluegrass Ventures |