BLUSH & CO
ActiveThe computed 12-month bankruptcy probability of BLUSH & CO is 7.1% (elevated). The 2024 annual accounts show negative equity (€-143k) and a net result of €-28k. Equity is shrinking by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 15869 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
11
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▲+3
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.58 in 2023; short-term debt: 162.7% of total assets), 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 · 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 · 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
-62.7%
Return on assets
-12.4%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-143k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
113 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-143k▼ 24.6%
2023 · €-115k
2022: €-13k
2023: €-115k
2022 → 2024
Total assets
€229k▲ 25.1%
2023 · €183k
2022: €62k
2023: €183k
2022 → 2024
Net result
€-28k▲ 72.2%
2023 · €-102k
2022: €-16k
2023: €-102k
2022 → 2024
Working capital
€-151k▼ 21.9%
2023 · €-124k
2022: €-15k
2023: €-124k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-13k-€-115k▼ 774%€-143k▼ 24.6%
Operating result€-16k-€-94k▼ 499%€-19k▲ 79.5%
Net result€-16k-€-102k▼ 550%€-28k▲ 72.2%
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 €19k in 2024 against €94k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229k
Fixed assets
€8k▼ 12.1%
Current assets
€221k▲ 27.0%
Key figures and ratios
EBITDA
€-18k▲
2023 · €-93k
Cash flow
€-27k▲
2023 · €-101k
Solvency
-62.7%▲
2023 · -62.9%
Current ratio
0.59▲
2023 · 0.58
Quick ratio
0.40▼
2023 · 0.58
Debt / equity
-2.60▼
2023 · -2.59
ROA
-12.4%▲
2023 · -55.7%
Interest coverage
-1.92▲
2023 · -11.30
Debt
€372k▲
2023 · €298k
Debt ≤ 1 year
€372k▲
2023 · €298k
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€183k€229k▲
Fixed assets21/28€9k€8k▼
Intangible fixed assets21€1k€937▼
Tangible fixed assets22/27€6k€5k▼
Furniture and vehicles24€1k€711▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€174k€221k▲
Amounts receivable after more than one year29€2k€15k▲
Other amounts receivable291€2k€15k▲
Stocks and contracts in progress3-€73k
Stocks30/36-€73k
Amounts receivable within one year40/41€141k€132k▼
Trade receivables40€119k€120k▲
Other amounts receivable41€22k€12k▼
Cash at bank and in hand54/58€31k-
Deferred charges and accrued income490/1€281€583▲
Equity and liabilities
Total equity and liabilities10/49€183k€229k▲
Equity10/15€-115k€-143k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-117k€-146k▼
Amounts payable17/49€298k€372k▲
Amounts payable within one year42/48€298k€372k▲
Financial debts43€125k€125k▲
Credit institutions430/8-€475
Other loans439€125k€125k=
Trade debts44€105k€169k▲
Suppliers440/4€105k€169k▲
Advances received on contracts in progress46€18k€27k▲
Other amounts payable47/48€50k€50k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€877€1k▲
Gross operating margin9900€-93k€-18k▲
Operating profit (loss)9901€-94k€-19k▲
Financial income75/76B€156€303▲
Recurring financial income75€156€303▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€-102k€-28k▲
Profit (loss) for the period9904€-102k€-28k▲
Profit (loss) for the period to be appropriated9905€-102k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-117k€-146k▼
Profit (loss) brought forward from the previous period14P€-16k€-117k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-12
Financial
Weakest financial yearnet €-102k
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 2 establishment units since 2022
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.
Alsembergsesteenweg 9931180 UkkelGround area
7,044 m²
Building footprint
4,679 m²
Volume, LiDAR
36,543 m³
2 parcels, Brussels, Flanders · tallest building 23.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
BLUSH & CO
since 20222.332.325.804
BLUSH & CO
since 20232.342.548.911
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033A1071/00P000 | Flanders | 5,637 m² | 1 · 3,883 m² | 10.5 m · 2 fl. |
| 21616A0089/00R003 | Brussels | 1,408 m² | 1 · 796 m² | 23.9 m · 4 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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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 6,157 companies in sector 46190 we hold annual accounts for 2,567.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2022
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46220Wholesale trade
46419Wholesale trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sarah.levran@blushandblossom.eu
Phone:+32491131300