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BLUETIME

Active Public limited companyfounded 1997active for 29 yearsWaverse steenweg 1100, 1160 AuderghemKBO/BCE: BE 0461.384.260 subsidiary of #7 employer in Auderghem, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €2.8m (2024)
€2.4m▼ 14.6%
lowest -€65,624 (2024)
€63,990▲ €129,614
peak €1.5m (2020)
€811,270▲ 8.6%
€900,686▼ 3.1%
peak 33.1 FTE (2024)
26.8 FTE▼ 19.0%
Board8 names since 2014
4 directors and 3 others
Owners
51%
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €2.8m to €2.4mBack to profit: €63,990Staff from 33.1 FTE to 26.8 FTE1 director appointed, 2 reappointments 25-11Amendment of the articles 24-02Cash from €147,497 to €299,954

Key points

from the 2025 annual accounts

Equity

€811,270 from €1.5m in 2020

Equity fell by 44% in 5 years.

Result

€63,990 €63,990
-€65,6002024€64,0002025

Back in profit in 2025, after a loss of €65,624 in 2024.

Staff

26 employees on 31-12-2025
1142021952022119202389202410132025

In 2025, 10 people joined and 13 left.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

The 2019 accounts came 7 days late. The other nine of the last ten were filed on time.

Board

1 joined

New director. Latest change 25-11-2025 · 4 in office.

Position in the sector

€2.4m

Higher gross margin than 92% of companies in computer programming and consultancy. Sector median €155,509 · 3,543 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as BLUETIME has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for BLUETIME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair,
Managing director,
Director, since 30-06-2025
Director
  • 51%score equity €1.0m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

1 director appointed, 2 reappointments Reappointments: and · Appointment: (managing director) · General meeting of 30-06-2025 · Gazette deed
Amendment of the articles General meeting of 18-12-2023 · Gazette deed
3 directors reappointed (managing director), and · Permanent representative: · General meeting of 31-05-2022 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0461384260
All 51 events

Comparable companies

same main activity, similar in size and age
Company
BLUETIME Auderghem €4.4m 2.8% 47.4% 26.8
RESTOMAX Ixelles - - -9.9% 27
HARMONY CONSULT Hasselt - - 17.6% 27.8
THOMAS & PIRON ICT Namur - - 21.8% 28.4
ALTIORE Herve €5.4m 6.0% -12.9% 25.8
USERFULL Boom - - 38.0% 23.8
AUTONOOM PROVINCIEBEDRIJF VLAAMS-BRABANTS EXTRANET VOOR REGIO EN ADMINISTRATIE Leuven - - -69.4% 32.6
-10%0%10%20%€5m€50m€500m€5bnBLUETIMEEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BLUETIME: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.3m and €2.8m, founded between 1988 and 2000.

Official details

Source: KBO
Status
Active since 16-09-1997Normal situation
Registered office
20 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
Activity
Computer programmingNACE 62100and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.083.286.3211160 Auderghem, since 06-10-1997
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€1.7m▲ 2.1%
Employeeson 31-12-2025
26▼ 10.3%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on BLUETIME

BLUETIME files the abbreviated format. That format states no turnover. The gross margin rose from €149,635 in 2006 to €2.4m in 2025.

holds 51% of the shares. In November 2025, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BLUETIME

What is the company number of BLUETIME?
The company number of BLUETIME is 0461.384.260. The VAT number is the same number with BE in front: BE 0461.384.260.
Where is BLUETIME based?
The registered office is at Waverse steenweg 1100, 1160 Auderghem.Company details
What does BLUETIME do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of BLUETIME?
BLUETIME is a public limited company (NV).
When was BLUETIME founded?
BLUETIME was founded on 16-09-1997.
Is BLUETIME still active?
Yes, BLUETIME is an active enterprise in the KBO register.
How many employees does BLUETIME have?
BLUETIME had an average of 26.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BLUETIME fall under?
In its 2025 annual accounts, BLUETIME states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of BLUETIME?
The turnover of BLUETIME was €4.4m in financial year 2025, according to the filed annual accounts.
Is BLUETIME profitable?
In financial year 2025, BLUETIME made a profit of €63,990.
Where can I find the annual accounts of BLUETIME?
BLUETIME filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLUETIME due?
BLUETIME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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