CIEL BLEU
ActiveSummary
CIEL BLEU has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €-17k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-8
Solvency74▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 18.0 in 2024; short-term debt: 0.7% and cash: 2.2% of total assets), but 51.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-17k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
50 d early
2023
54 d early
2022
59 d early
2021
58 d early
2020
46 d early
2019
32 d early
← 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
€187k▼ 8.5%
2024 · €204k
2018: €279k
2019: €335k
2020: €366k
2021: €268k
2022: €312k
2023: €252k
2024: €204k
2018 → 2025
Total assets
€383k▼ 5.9%
2024 · €407k
2018: €288k
2019: €346k
2020: €378k
2021: €275k
2022: €321k
2023: €257k
2024: €407k
2018 → 2025
Net result
€-17k▲ 63.7%
2024 · €-48k
2018: €47k
2019: €56k
2020: €60k
2021: €24k
2022: €44k
2023: €7k
2024: €-48k
2018 → 2025
Working capital
€6k▼ 71.6%
2024 · €21k
2018: €246k
2019: €311k
2020: €351k
2021: €255k
2022: €302k
2023: €249k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€312k▲ 16.4%€252k▼ 19.0%€204k▼ 19.0%€187k▼ 8.5%
Operating result€34k-€60k▲ 79.6%€10k▼ 83.1%€-37k€-10k▲ 72.6%
Net result€24k-€44k▲ 84.2%€7k▼ 84.5%€-48k€-17k▲ 63.7%
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 €10k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€375k ▼ 2.7%
Current assets
€9k ▼ 61.5%
Equity and liabilities €383k
Equity
€187k ▼ 8.5%
Debt
€196k ▼ 3.3%
Debt's share of the balance-sheet total rises from 49.8% to 51.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€311▼
2024 · €22k
Cash flow
€-7k▼
2024 · €11k
Current ratio
3.29▼
2024 · 18.00
Debt to equity
1.05▲
2024 · 0.99
ROE
-9.3%▲
2024 · -23.4%
ROA
-4.5%▲
2024 · -11.8%
Interest coverage
0.04▼
2024 · 2.05
Debt ≤ 1 year
€3k▲
2024 · €1k
Debt > 1 year
€185k▼
2024 · €190k
Income taxes
€118▼
2024 · €346
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€407k€383k▼
Fixed assets21/28€385k€375k▼
Tangible fixed assets22/27€385k€375k▼
Land and buildings22€384k€374k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€213€506▲
Other tangible fixed assets26€0-
Financial fixed assets28€0-
Current assets29/58€22k€9k▼
Amounts receivable within one year40/41€6k€0▼
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€16k€8k▼
Deferred charges and accrued income490/1€229€244▲
Equity and liabilities
Total equity and liabilities10/49€407k€383k▼
Equity10/15€204k€187k▼
Contributions10/11€14k€14k=
Reserves13€236k€236k=
Distributable reserves133€236k€236k=
Profit (loss) carried forward14€-46k€-63k▼
Amounts payable17/49€203k€196k▼
Amounts payable after more than one year17€190k€185k▼
Financial debts170/4€190k€185k▼
Amounts payable within one year42/48€1k€3k▲
Trade debts44€68€15▼
Suppliers440/4€68€15▼
Taxes, remuneration and social security45€0€111▲
Taxes450/3€0€111▲
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3€12k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€10k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€25k€3k▼
Operating profit (loss)9901€-37k€-10k▲
Financial income75/76B€525€499▼
Recurring financial income75€525€499▼
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Non-recurring financial charges66B€450€0▼
Profit (loss) for the period before taxes9903€-48k€-17k▲
Income taxes67/77€346€118▼
Profit (loss) for the period9904€-48k€-17k▲
Profit (loss) for the period to be appropriated9905€-48k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-63k▼
Profit (loss) brought forward from the previous period14P€2k€-46k▼
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To contributions691€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-48k ▼803%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €60k ▲6.9%
Operating result €81k, net result €60k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Meise · 1 establishment unit since 2011
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.
Mankevosstraat 11860 MeiseGround area
418 m²
Building footprint
98 m²
Volume, LiDAR
556 m³
Parcel 23050F0446/00P002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mankevosstraat 1, 1860 Meise
since 20112.195.665.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050F0446/00P002indicative | Flanders | 418 m² | 1 · 98 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GLOWMEDIA
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,304 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
Founded30-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.