BluElec
ActiveThe computed 12-month bankruptcy probability of BluElec is 5.3% (elevated). The 2025 annual accounts show negative equity (€-27k) and a net result of €-3k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 5% of 27619 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-27k
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 14-07-2026, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
17 d early
2024
56 d early
2023
36 d early
2022
66 d early
2021
23 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€11k
2023 · €0
2021: €0
2023: €0
2021 → 2024
EBIT margin
-31.0%
Net result
€-3k▲ 24.5%
2024 · €-4k
2021: €-34k
2022: €-2k
2023: €-4k
2024: €-4k
2021 → 2025
Working capital
€-30k▼ 9.9%
2024 · €-27k
2021: €-28k
2022: €-20k
2023: €-22k
2024: €-27k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0€11k
Equity€-14k-€-17k▼ 17.1%€-21k▼ 24.2%€-24k▼ 17.9%€-27k▼ 11.4%
Operating result€-34k-€-2k▲ 93.8%€-4k▼ 79.8%€-4k▲ 6.5%€-3k▲ 24.1%
Net result€-34k-€-2k▲ 92.9%€-4k▼ 66.0%€-4k▲ 8.4%€-3k▲ 24.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€2k▼ 17.4%
Current assets
€1k▼ 54.2%
Key figures and ratios
EBITDA
€-2k▼
2024 · €-1k
Cash flow
€-2k▼
2024 · €-2k
Interest coverage
-16.45▼
2024 · -7.73
Debt
€31k▲
2024 · €30k
Debt ≤ 1 year
€31k▲
2024 · €29k
Staff costs
€0▼
2024 · €163
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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€5k€3k▼
Fixed assets21/28€3k€2k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Current assets29/58€2k€1k▼
Amounts receivable within one year40/41€2k€386▼
Trade receivables40€2k€211▼
Other amounts receivable41€55€174▲
Cash at bank and in hand54/58€191€443▲
Deferred charges and accrued income490/1€0€185▲
Equity and liabilities
Total equity and liabilities10/49€5k€3k▼
Equity10/15€-24k€-27k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-44k€-47k▼
Amounts payable17/49€30k€31k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€29k€31k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€0€73▲
Suppliers440/4€0€73▲
Taxes, remuneration and social security45€321€321=
Taxes450/3€321€321=
Other amounts payable47/48€29k€30k▲
Accrued charges and deferred income492/3€384€0▼
Income statement
Code20242025
Turnover70€11k-
Goods, raw materials, services and sundry goods60/61€12k-
Remuneration, social security and pensions62€163€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€510▼
Other operating charges640/8€583€400▼
Gross operating margin9900€-736€-2k▼
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€192€131▼
Recurring financial charges65€192€131▼
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-47k▼
Profit (loss) brought forward from the previous period14P€-41k€-44k▼
The notes to these accounts (6 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
14-08
State Gazette act
Purpose · Statutes amendment · Resignations & appointmentsGeneral meeting · Name change · Purpose change5 facts ▸
State Gazette act
Purpose · Statutes amendment · Resignations & appointments
General meeting · Name change · Purpose change5 facts ▸
- General meeting, 29 juillet 2026
- Name change, SLBlue
- Purpose change
- Reserve release, Rendre le solde de dix-huit mille euros (18.000,00 €) disponible pour distribution
- Capital, €20.000
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 2020
Ground area
1,008 m²
Building footprint
145 m²
Volume, LiDAR
955 m³
Parcel 62022D0145/00F000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SLBlue
since 20202.307.164.992
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022D0145/00F000 | Wallonia | 1,008 m² | 1 · 145 m² | 9.2 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.
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 4,267 companies in sector 43230 we hold annual accounts for 1,240.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Legal name FR
SLBlue
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesWebsite:www.bluelec.be
E-mail:gestion@bluelec.be
E-mail:serge.lamborelle@gmail.com
Phone:+32478987884
E-mail:serge.lamorelle@gmail.com