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BlueIT Services

Active
Private limited companyfounded 201313 yrs activePallieterdreef 53, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0536.687.934

BlueIT Services has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 6144 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
31 / 100
Weak= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▼-18
Solvency5=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity short (current ratio 0.25 against 0.17 in 2023), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 6144 sector peers (2024).
NBB · sector comparison
Position among 6144 sector peers
Solvency
better than 10%
← weakest strongest →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €118k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
23 d early
2022
28 d early
2021
26 d early
2020
26 d early
2019
17 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€118k▲ 4.4%
2023 · €113k
2018: €616k 2019: €511k 2020: €63k 2021: €64k 2022: €104k 2023: €113k
2018 → 2024
Total assets
€1.56M▲ 2.2%
2023 · €1.53M
2018: €678k 2019: €808k 2020: €286k 2021: €316k 2022: €1.68M 2023: €1.53M
2018 → 2024
Net result
€5k▼ 43.9%
2023 · €9k
2018: €50k 2019: €8k 2020: €2k 2021: €51k 2022: €40k 2023: €9k
2018 → 2024
Working capital
€-565k▼ 0.9%
2023 · €-560k
2018: €140k 2019: €515k 2020: €46k 2021: €41k 2022: €-353k 2023: €-560k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€63k-€64k▲ 2.4%€104k▲ 61.9%€113k▲ 8.6%€118k▲ 4.4%
Operating result€6k-€55k▲ 839%€52k▼ 6.0%€45k▼ 14.5%€68k▲ 53.0%
Net result€2k-€51k▲ 2,898%€40k▼ 22.9%€9k▼ 77.6%€5k▼ 43.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €6k€6kNet result 2020: €2k€2kOperating result 2021: €55k€55kNet result 2021: €51k€51kOperating result 2022: €52k€52kNet result 2022: €40k€40kOperating result 2023: €45k€45kNet result 2023: €9k€9kOperating result 2024: €68k€68kNet result 2024: €5k€5k20202021202220232024
The operating result recovers in 2024; 2024 is 53% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.56M
Fixed assets €1.37M▼ 3.1%
Current assets €189k▲ 70.7%
Equity and liabilities €1.56M
Equity €118k▲ 4.4%
Debt €1.45M▲ 2.0%
The debt ratio falls from 92.6% to 92.5%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€132k
2023 · €103k
Cash flow
€69k
2023 · €67k
Solvency
7.5%
2023 · 7.4%
Current ratio
0.25
2023 · 0.17
Quick ratio
0.25
2023 · 0.17
Debt / equity
12.28
2023 · 12.56
ROE
4.2%
2023 · 7.9%
ROA
0.3%
2023 · 0.6%
Interest coverage
2.22
2023 · 2.89
Debt
€1.45M
2023 · €1.42M
Debt ≤ 1 year
€754k
2023 · €670k
Debt > 1 year
€692k
2023 · €747k
Income taxes
€4k
2023 · €256
Staff costs
€115k
2023 · €90k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.53M€1.56M
Fixed assets21/28€1.42M€1.37M
Tangible fixed assets22/27€1.42M€1.37M
Land and buildings22€1.34M€1.31M
Plant, machinery and equipment23€24k€23k
Furniture and vehicles24€60k€46k
Current assets29/58€111k€189k
Amounts receivable within one year40/41€110k€106k
Trade receivables40€100k€102k
Other amounts receivable41€10k€4k
Cash at bank and in hand54/58€639€83k
Deferred charges and accrued income490/1€485€72
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.56M
Equity10/15€113k€118k
Reserves13€113k€118k
Distributable reserves133€113k€118k
Amounts payable17/49€1.42M€1.45M
Amounts payable after more than one year17€747k€692k
Financial debts170/4€747k€692k
Amounts payable within one year42/48€670k€754k
Current portion of amounts payable after more than one year42€54k€55k
Trade debts44€7k€23k
Suppliers440/4€7k€23k
Taxes, remuneration and social security45€18k€43k
Taxes450/3€9k€25k
Remuneration and social security454/9€9k€18k
Other amounts payable47/48€591k€634k
Income statement Code20232024
Remuneration, social security and pensions62€90k€115k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€64k
Other operating charges640/8€3k€3k
Gross operating margin9900€196k€250k
Operating profit (loss)9901€45k€68k
Financial income75/76B€104€0
Recurring financial income75€104€0
Financial charges65/66B€35k€60k
Recurring financial charges65€35k€60k
Profit (loss) for the period before taxes9903€9k€9k
Income taxes67/77€256€4k
Profit (loss) for the period9904€9k€5k
Profit (loss) for the period to be appropriated9905€9k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€5k
Transfer to equity691/2€9k€5k
To other reserves6921€9k€5k
Social balance
Average headcount (FTE)90871.52.3

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €100kEq €104k ▲61.9%
5 profitable years in a row build equity to €104k.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €51k ▲2898%
Net result €51k, the highest in the series.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €2k ▼78.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Grobbendonk · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Pallieterdreef 532280 Grobbendonk
Ground area
1,077 m²
Building footprint
169 m²
Volume, LiDAR
996 m³
Parcel 13010C0066/00R005, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BlueIT Services
Pallieterdreef 53, 2280 GrobbendonkHoldings
since 20132.220.727.304
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13010C0066/00R005 Flanders 1,076 m² 1 · 169 m² 8.5 m · 2 fl.
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

2023 · 1 entry · 1,621 EUR awarded · 1,621 EUR paid
Year Entries awardedpaid
2023 1 1,621 EUR1,621 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,621 EUR · 1,621 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,442 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-07-2013
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:014-331100
Enterprise