BLUEICE
ActiveThe annual accounts of BLUEICE for fiscal year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €247k and a net result of €-295k. Equity is shrinking by ~26.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 37% of 2004 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-79
Solvency60▼-17
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.39 against 1.89 in 2024; short-term debt: 64.7% and cash: 37.2% of total assets), and 64.7% 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.3%
Return on assets
-42.1%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
57 d early
2023
26 d late
2022
40 d early
2021
17 d late
2020
8 d early
2019
37 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€247k▼ 54.4%
2024 · €542k
2018: €1.58M
2019: €1.68M
2020: €1.49M
2021: €1.08M
2022: €606k
2023: €457k
2024: €542k
2018 → 2025
Total assets
€700k▼ 33.1%
2024 · €1.05M
2018: €1.97M
2019: €2.13M
2020: €1.85M
2021: €1.60M
2022: €1.06M
2023: €935k
2024: €1.05M
2018 → 2025
Net result
€-295k
2024 · €85k
2018: €8k
2019: €100k
2020: €31k
2021: €61k
2022: €-75k
2023: €-150k
2024: €85k
2018 → 2025
Working capital
€178k▼ 60.5%
2024 · €449k
2018: €1.50M
2019: €1.61M
2020: €1.43M
2021: €1.01M
2022: €531k
2023: €363k
2024: €449k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€606k▼ 44.0%€457k▼ 24.7%€542k▲ 18.6%€247k▼ 54.4%
Operating result€69k-€-75k€-157k▼ 110%€84k€-299k
Net result€61k-€-75k€-150k▼ 101%€85k€-295k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €299k after €84k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €700k
Fixed assets
€69k▼ 25.0%
Current assets
€631k▼ 33.9%
Equity and liabilities €700k
Equity
€247k▼ 54.4%
Debt
€453k▼ 10.1%
The debt ratio rises from 48.2% to 64.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-276k▼
2024 · €102k
Cash flow
€-272k▼
2024 · €103k
Solvency
35.3%▼
2024 · 51.8%
Current ratio
1.39▼
2024 · 1.89
Quick ratio
1.39▼
2024 · 1.89
Debt / equity
1.83▲
2024 · 0.93
ROE
-119.4%▼
2024 · 15.7%
ROA
-42.1%▼
2024 · 8.1%
Interest coverage
-233.37▼
2024 · 12.90
Debt
€453k▼
2024 · €504k
Debt ≤ 1 year
€453k▼
2024 · €504k
Income taxes
€927▼
2024 · €1k
Staff costs
€492k▼
2024 · €565k
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€1.05M€700k▼
Fixed assets21/28€92k€69k▼
Tangible fixed assets22/27€72k€49k▼
Plant, machinery and equipment23€13k€4k▼
Furniture and vehicles24€56k€43k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€20k€20k=
Current assets29/58€954k€631k▼
Amounts receivable within one year40/41€302k€289k▼
Trade receivables40€301k€271k▼
Other amounts receivable41€2k€18k▲
Current investments50/53€577k€79k▼
Cash at bank and in hand54/58€50k€260k▲
Deferred charges and accrued income490/1€24k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€700k▼
Equity10/15€542k€247k▼
Contributions10/11€106k€106k=
Reserves13€500k€500k=
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Other1319€0-
Distributable reserves133€488k€488k=
Profit (loss) carried forward14€-65k€-359k▼
Amounts payable17/49€504k€453k▼
Amounts payable within one year42/48€504k€453k▼
Financial debts43€0€659▲
Credit institutions430/8€0€659▲
Trade debts44€17k€3k▼
Suppliers440/4€17k€3k▼
Taxes, remuneration and social security45€105k€68k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€99k€63k▼
Other amounts payable47/48€382k€381k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€565k€492k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€87k€17k▼
Other operating charges640/8€15k€5k▼
Gross operating margin9900€770k€237k▼
Operating profit (loss)9901€84k€-299k▼
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€8k€1k▼
Recurring financial charges65€8k€1k▼
Profit (loss) for the period before taxes9903€86k€-294k▼
Income taxes67/77€1k€927▼
Profit (loss) for the period9904€85k€-295k▼
Profit (loss) for the period to be appropriated9905€85k€-295k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-359k▼
Profit (loss) brought forward from the previous period14P€-150k€-65k▲
Social balance
Average headcount (FTE)90876.65.6▼
The notes to these accounts (12 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-295k ▼447%
Net result drops to €-295k, the lowest in the series.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €85k
Net result €85k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €542k ▲18.6%
Equity rises from €457k to €542k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €100k ▲1199%
Operating result €112k, net result €100k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Alken · 2 establishment units since 2004
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.
Poelgoedstraat 293570 AlkenGround area
2,342 m²
Building footprint
402 m²
Volume, LiDAR
2,581 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
BlueICe
since 20042.144.942.984
Molenstraat 19, 1932 Zaventem
since 20242.368.757.915
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302F0587/00N000 | Flanders | 1,224 m² | 1 · 249 m² | 8.5 m · 2 fl. |
| 23078A0404/00S000 | Flanders | 1,118 m² | 1 · 153 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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INGENIERIE ET SERVICES
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 5,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-11-2004
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.