BLUET
ActiveBLUET has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €-6k. Equity is shrinking by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▲+5
Solvency56=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 1.23 in 2023; short-term debt: 68.8% and cash: 9.9% of total assets), and 68.8% 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 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 2024Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-10.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d early
2022
38 d early
2021
37 d early
2020
43 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€16k▼ 25.8%
2023 · €22k
2018: €72k
2019: €51k
2020: €74k
2021: €65k
2022: €46k
2023: €22k
2018 → 2024
Total assets
€53k▼ 27.2%
2023 · €72k
2018: €109k
2019: €100k
2020: €105k
2021: €98k
2022: €98k
2023: €72k
2018 → 2024
Net result
€-6k▲ 76.3%
2023 · €-24k
2018: €3k
2019: €-21k
2020: €23k
2021: €-10k
2022: €-18k
2023: €-24k
2018 → 2024
Working capital
€7k▼ 36.4%
2023 · €11k
2018: €58k
2019: €38k
2020: €61k
2021: €52k
2022: €35k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€74k-€65k▼ 12.9%€46k▼ 28.2%€22k▼ 52.1%€16k▼ 25.8%
Operating result€23k-€-9k€-18k▼ 95.2%€-24k▼ 32.6%€-5k▲ 77.6%
Net result€23k-€-10k€-18k▼ 89.7%€-24k▼ 32.9%€-6k▲ 76.3%
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 €5k in 2024 against €24k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€9k▼ 14.5%
Current assets
€44k▼ 29.4%
Equity and liabilities €53k
Equity
€16k▼ 25.8%
Debt
€36k▼ 27.8%
The debt ratio falls from 69.4% to 68.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▲
2023 · €-22k
Cash flow
€-4k▲
2023 · €-22k
Solvency
31.2%▲
2023 · 30.6%
Current ratio
1.20▼
2023 · 1.23
Quick ratio
0.31▼
2023 · 0.44
Debt / equity
2.21▼
2023 · 2.27
ROE
-34.8%▲
2023 · -109.0%
ROA
-10.9%▲
2023 · -33.4%
Interest coverage
-4.10▲
2023 · -40.79
Debt
€36k▼
2023 · €50k
Debt ≤ 1 year
€36k▼
2023 · €50k
Income taxes
€0▼
2023 · €4
Staff costs
€40k▼
2023 · €81k
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€72k€53k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€3k€2k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€6k€6k▲
Current assets29/58€62k€44k▼
Stocks and contracts in progress3€39k€32k▼
Stocks30/36€39k€32k▼
Amounts receivable within one year40/41€8k€5k▼
Trade receivables40€7k€4k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€14k€5k▼
Deferred charges and accrued income490/1€411€703▲
Equity and liabilities
Total equity and liabilities10/49€72k€53k▼
Equity10/15€22k€16k▼
Contributions10/11€46k€46k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-28k€-34k▼
Amounts payable17/49€50k€36k▼
Amounts payable within one year42/48€50k€36k▼
Trade debts44€19k€10k▼
Suppliers440/4€19k€10k▼
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€2k€733▼
Remuneration and social security454/9€14k€8k▼
Other amounts payable47/48€16k€18k▲
Income statement
Code20232024
Remuneration, social security and pensions62€81k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€65k€43k▼
Operating profit (loss)9901€-24k€-5k▲
Financial income75/76B€48€491▲
Recurring financial income75€48€491▲
Financial charges65/66B€534€914▲
Recurring financial charges65€534€914▲
Profit (loss) for the period before taxes9903€-24k€-6k▲
Income taxes67/77€4€0▼
Profit (loss) for the period9904€-24k€-6k▲
Profit (loss) for the period to be appropriated9905€-24k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-34k▼
Profit (loss) brought forward from the previous period14P€-4k€-28k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
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, Gent · 1 establishment unit since 2014
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.
Sint-Baafsplein 119000 GentGround area
108 m²
Building footprint
88 m²
Volume, LiDAR
1,392 m³
Parcel 44803C0466/00D000, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Bluet
since 20142.228.875.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0466/00D000 | Flanders | 107 m² | 1 · 88 m² | 19.1 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 5,888 EUR awarded · 5,888 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,776 EUR | 2,776 EUR |
| 2022 | 1 | 3,112 EUR | 3,112 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.228.875.995
Similar companies · same sector, comparable size
VISEFLOR
BE 0453.368.694
Visé · Eq €17k
BOVANRO
BE 0417.519.375
Duffel · Eq €17k
FLEURS SAINT FIACRE
BE 0837.481.667
Mons · Eq €16k
Frespar
BE 1001.359.209
Haaltert · Eq €17k
MYOSOTIS
BE 0457.022.329
Edegem · Eq €17k
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 581 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2014
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.