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BLUE VISION

Active Private limited companyfounded 2010active for 16 yearsCours Gilles de Lérinnes 6, 1457 WalhainKBO/BCE: BE 0825.642.917 #1 company by equity in Walhain, Professional and technical services sector

Lifetime

15 annual accounts with figures on one time axis
Gross marginpeak €961,099 (2024)
€256,066▼ 73.4%
Resultpeak €673,002 (2024)
€286,125▼ 57.5%
Equitypeak €3.3m (2025)
€3.3m▲ 3.2%
Debts
€349,491▼ 15.5%
Board1 name since 2010
1 directorMARCHAND Nicolas
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €961,099 to €256,066Result from €673,002 to €286,125Dividend €182,663Debts from €413,610 to €349,491Cash from €625,689 to €234,752

Key points

from the 2025 annual accounts

Equity

€3.3m ▲ 3.2%
3.22024+0.3Profit-0.2Dividend3.32025

BLUE VISION paid out €182,663 in dividends. That is 64% of the 2025 profit.

Result

€286,125 ▼ 57.5%
€673,0002024€286,0002025

The result fell in 2025 from €673,002 to €286,125.

Turnover

≈ €370,000 estimated

The accounts state no turnover.

Liquidity

37.75 was 29.43 in 2024

Short-term debts fell from €116,190 to €91,629.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Five of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Position in the sector

€286,125

Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,169 · 39,328 companies.

Checked score

96
Excellent
Financially stronger than 72% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 4,518 companies (NACE 70, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

Solvency
100=equity 90.5% of total assets
Liquidity
58-13short-term debt 2.5% · cash 6.4%
Profitability
78-14return on assets 7.7%

Score breakdown

raises risk
Liquidity: current ratio 37.75, cash €234,752, halved
lowers risk
Size: total assets €3.7m
Figures for financial year 2025 (filed on 28-07-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 85% of them on solvency, 78% on liquidity, 76% on profitability and 47% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as BLUE VISION has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BLUE VISION itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 17,811 companies, not a prediction for BLUE VISION. 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

Credit of up to €320,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 37.75 (29.43 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 6.4% of total assets. 9.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Liquidity: current ratio 37.75, cash €234,752, halved
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
17 days early
2023
28 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MN
MARCHAND Nicolas
Director, since 04-05-2010

Shares in 1 company, OPOP

Board & ownership

Recent changes

General meeting · Director resignation Gazette deed
General meeting · Auditor report Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0825642917
General meeting · Kind of shares Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
BLUE VISION Walhain €3.7m €256,066 90.5% -
VEEP HOLDING Mont-Saint-Guibert €3.4m €255,296 55.4% 1.5
PARGECO Lasne €3.8m €274,458 13.2% -
TERMOFARMA Waasmunster €3.7m €234,469 58.7% -
Humon Ingelmunster €3.9m €248,176 70.3% 1.8
Via Excellentia Oud-Heverlee €4.1m €244,927 66.8% -
HOROFA Diksmuide €3.2m €247,098 88.6% -

These companies have the same main activity as BLUE VISION: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.2m and €4.1m, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 05-05-2010Normal situation
Activity
Business and other management consultancyNACE 70200and 3 others
Establishment unit
2.188.405.4191457 Walhain, since 05-05-2010
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

Total assets
€3.7m▲ 1.1%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on BLUE VISION

BLUE VISION files the micro format. That format states no turnover. The gross margin fell from €306,695 in 2011 to €256,066 in 2025.

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 BLUE VISION

What is the company number of BLUE VISION?
The company number of BLUE VISION is 0825.642.917. The VAT number is the same number with BE in front: BE 0825.642.917.
Where is BLUE VISION based?
The registered office is at Cours Gilles de Lérinnes 6, 1457 Walhain.Company details
What does BLUE VISION do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of BLUE VISION?
BLUE VISION is a private limited company (BV).
When was BLUE VISION founded?
BLUE VISION was founded on 05-05-2010.
Is BLUE VISION still active?
Yes, BLUE VISION is an active enterprise in the KBO register.
What is the turnover of BLUE VISION?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €256,066 and 95 comparable companies (NACE 70200). It probably lies between €300,000 and €640,000.Financials
Is BLUE VISION profitable?
In financial year 2025, BLUE VISION made a profit of €286,125.
Where can I find the annual accounts of BLUE VISION?
BLUE VISION filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLUE VISION due?
BLUE VISION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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