BUILD BLUE
ActiveSummary
BUILD BLUE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+8
Solvency28▼-17
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.2%
Return on assets
70.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9460 sector peers (2025).
NBB · sector comparisonPosition among 9460 sector peers
Solvency
better than 11%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
5 d late
2023
40 d early
2022
24 d late
2021
4 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 83.9%
2024 · €19k
2021: €19k
2022: €37k
2023: €47k
2024: €19k
2021 → 2025
Total assets
€93k▲ 2.1%
2024 · €91k
2021: €44k
2022: €53k
2023: €59k
2024: €91k
2021 → 2025
Net result
€66k▲ 289%
2024 · €17k
2021: €16k
2022: €19k
2023: €10k
2024: €17k
2021 → 2025
Working capital
€-6k
2024 · €15k
2021: €26k
2022: €33k
2023: €41k
2024: €15k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€37k▲ 101%€47k▲ 25.5%€19k▼ 60.2%€3k▼ 83.9%
Operating result€22k-€26k▲ 20.8%€15k▼ 43.9%€23k▲ 56.5%€84k▲ 263%
Net result€16k-€19k▲ 19.0%€10k▼ 47.1%€17k▲ 63.9%€66k▲ 289%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 263% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€9k ▲ 89.6%
Current assets
€84k ▼ 2.7%
Equity and liabilities €93k
Equity
€3k ▼ 83.9%
Debt
€90k ▲ 24.1%
Debt's share of the balance-sheet total rises from 79.7% to 96.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€85k▲
2024 · €24k
Cash flow
€67k▲
2024 · €17k
Current ratio
0.93▼
2024 · 1.20
Debt to equity
30.09▲
2024 · 3.92
ROA
70.3%▲
2024 · 18.5%
Interest coverage
61.39▲
2024 · 14.74
Debt ≤ 1 year
€90k▲
2024 · €72k
Income taxes
€17k▲
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €93k, equity €3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€91k€93k▲
Fixed assets21/28€5k€9k▲
Tangible fixed assets22/27€661€5k▲
Furniture and vehicles24€661€5k▲
Financial fixed assets28€4k€4k=
Current assets29/58€87k€84k▼
Amounts receivable within one year40/41€56k€39k▼
Trade receivables40€56k€39k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€29k€44k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€91k€93k▲
Equity10/15€19k€3k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€16k€0▼
Amounts payable17/49€73k€90k▲
Amounts payable within one year42/48€72k€90k▲
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€15k€20k▲
Taxes450/3€15k€20k▲
Other amounts payable47/48€45k€69k▲
Accrued charges and deferred income492/3€893€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€595€2k▲
Other operating charges640/8€387€400▲
Non-recurring operating charges66A€0-
Gross operating margin9900€24k€86k▲
Operating profit (loss)9901€23k€84k▲
Financial income75/76B€8€8=
Recurring financial income75€8€8=
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€22k€83k▲
Income taxes67/77€5k€17k▲
Profit (loss) for the period9904€17k€66k▲
Profit (loss) for the period to be appropriated9905€17k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€81k▲
Profit (loss) brought forward from the previous period14P€44k€16k▼
Profit to be distributed694/7€45k€81k▲
Return on contributions (dividend)694€45k€81k▲
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €66k ▲289%
Operating result €84k, net result €66k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €10k ▼47.1%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Esneux · 1 establishment unit since 2021
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.
Rue d'Avister 524130 EsneuxGround area
1.4 ha
Building footprint
282 m²
Volume, LiDAR
1,311 m³
Parcel 62032A0633/00R000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BUILD BLUE
since 20212.320.067.279
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032A0633/00R000 | Wallonia | 1.4 ha | 1 · 282 m² | 6.9 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.
Similar companies · same sector, comparable size
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Herve · Eq €3,000
REAL ESTATE DEVELOPMENT EXPERTISE AND INVESTMENT
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BioEngLink
BE 0750.509.487
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OPM consulting
BE 0754.871.816
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 1,328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.