fleur bleue
ActiveSummary
fleur bleue has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €740k and a net result of €100k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-4
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 10.67 against 7.91 in 2024; short-term debt: 5.7% and cash: 19.6% of total assets), and 21.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
78.4%
Return on assets
10.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
27 d late
2022
28 d late
2021
30 d late
2020
23 d late
2019
26 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€740k▲ 8.2%
2024 · €684k
2018: €524k
2019: €568k▲ +8.5% vs 2018
2020: €647k▲ +14.0% vs 2019
2021: €633k▼ -2.1% vs 2020
2022: €493k▼ -22.2% vs 2021lowest in 8 years
2023: €577k▲ +17.0% vs 2022
2024: €684k▲ +18.5% vs 2023
2025: €740k▲ +8.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€944k▲ 1.6%
2024 · €928k
2018: €561klowest in 8 years
2019: €858k▲ +52.8% vs 2018
2020: €930k▲ +8.4% vs 2019
2021: €908k▼ -2.4% vs 2020
2022: €1.03M▲ +13.3% vs 2021
2023: €1.03M▲ +0.3% vs 2022highest in 8 years
2024: €928k▼ -10.0% vs 2023
2025: €944k▲ +1.6% vs 2024
2018 → 2025
Net result
€100k▼ 23.7%
2024 · €131k
2018: €24klowest in 8 years
2019: €44k▲ +81.5% vs 2018
2020: €79k▲ +79.4% vs 2019
2021: €126k▲ +58.6% vs 2020
2022: €139k▲ +10.4% vs 2021
2023: €145k▲ +4.3% vs 2022highest in 8 years
2024: €131k▼ -9.6% vs 2023
2025: €100k▼ -23.7% vs 2024
2018 → 2025
Working capital
€521k▼ 1.5%
2024 · €529k
2018: €476k
2019: €449k▼ -5.7% vs 2018
2020: €535k▲ +19.1% vs 2019highest in 8 years
2021: €511k▼ -4.4% vs 2020
2022: €364k▼ -28.8% vs 2021lowest in 8 years
2023: €435k▲ +19.6% vs 2022
2024: €529k▲ +21.5% vs 2023
2025: €521k▼ -1.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€633k-€493k▼ 22.2%€577k▲ 17.0%€684k▲ 18.5%€740k▲ 8.2%
2021: €633k
2022: €493k▼ -22.2% vs 2021lowest in 5 years
2023: €577k▲ +17.0% vs 2022
2024: €684k▲ +18.5% vs 2023
2025: €740k▲ +8.2% vs 2024highest in 5 years
Operating result€150k-€206k▲ 37.2%€211k▲ 2.5%€188k▼ 10.6%€134k▼ 29.0%
2021: €150k
2022: €206k▲ +37.2% vs 2021
2023: €211k▲ +2.5% vs 2022highest in 5 years
2024: €188k▼ -10.6% vs 2023
2025: €134k▼ -29.0% vs 2024lowest in 5 years
Net result€126k-€139k▲ 10.4%€145k▲ 4.3%€131k▼ 9.6%€100k▼ 23.7%
2021: €126k
2022: €139k▲ +10.4% vs 2021
2023: €145k▲ +4.3% vs 2022highest in 5 years
2024: €131k▼ -9.6% vs 2023
2025: €100k▼ -23.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €944k
Fixed assets
€369k ▲ 14.0%
Current assets
€575k ▼ 5.0%
Equity and liabilities €944k
Equity
€740k ▲ 8.2%
Debt
€204k ▼ 16.7%
Debt's share of the balance-sheet total falls from 26.3% to 21.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€148k▼
2024 · €200k
Cash flow
€115k▼
2024 · €143k
Current ratio
10.67▲
2024 · 7.91
Debt to equity
0.28▼
2024 · 0.36
ROE
13.5%▼
2024 · 19.2%
ROA
10.6%▼
2024 · 14.1%
Interest coverage
31.85▼
2024 · 33.32
Debt ≤ 1 year
€54k▼
2024 · €77k
Debt > 1 year
€150k▼
2024 · €168k
Income taxes
€48k▼
2024 · €63k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€928k€944k▲
Fixed assets21/28€323k€369k▲
Tangible fixed assets22/27€323k€369k▲
Land and buildings22€308k€335k▲
Furniture and vehicles24€8k€29k▲
Other tangible fixed assets26€7k€6k▼
Current assets29/58€605k€575k▼
Amounts receivable within one year40/41€99k€85k▼
Trade receivables40€97k€66k▼
Other amounts receivable41€2k€19k▲
Current investments50/53€293k€303k▲
Cash at bank and in hand54/58€212k€185k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€928k€944k▲
Equity10/15€684k€740k▲
Contributions10/11€19k€19k=
Reserves13€665k€721k▲
Distributable reserves133€665k€721k▲
Amounts payable17/49€245k€204k▼
Amounts payable after more than one year17€168k€150k▼
Financial debts170/4€168k€150k▼
Amounts payable within one year42/48€77k€54k▼
Current portion of amounts payable after more than one year42€38k€18k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€28k€2k▼
Taxes450/3€28k€2k▼
Other amounts payable47/48€7k€31k▲
Accrued charges and deferred income492/3€66€67▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€203k€151k▼
Operating profit (loss)9901€188k€134k▼
Financial income75/76B€11k€19k▲
Recurring financial income75€11k€19k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€194k€149k▼
Income taxes67/77€63k€48k▼
Profit (loss) for the period9904€131k€100k▼
Profit (loss) for the period to be appropriated9905€131k€100k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€100k▼
Transfer from equity791/2€24k€44k▲
Transfer to equity691/2€131k€100k▼
To other reserves6921€131k€100k▼
Profit to be distributed694/7€24k€44k▲
Return on contributions (dividend)694€24k€44k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €11k | €10k | €12k | €15k | ▲ 22.0% |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €3k | ▼ 1.2% |
| Gross operating margin9900 | €171k | €219k | €224k | €203k | €151k | ▼ 25.6% |
| Operating profit (loss)9901 | €150k | €206k | €211k | €188k | €134k | ▼ 29.0% |
| Financial income75/76B | €21k | €9k | €7k | €11k | €19k | ▲ 68.2% |
| Recurring financial income75 | €21k | €9k | €7k | €11k | €19k | ▲ 68.2% |
| Financial charges65/66B | €5k | €16k | €7k | €6k | €5k | ▼ 22.5% |
| Recurring financial charges65 | €5k | €16k | €7k | €6k | €5k | ▼ 22.5% |
| Profit (loss) for the period before taxes9903 | €166k | €199k | €212k | €194k | €149k | ▼ 23.4% |
| Income taxes67/77 | €40k | €60k | €66k | €63k | €48k | ▼ 22.7% |
| Profit (loss) for the period9904 | €126k | €139k | €145k | €131k | €100k | ▼ 23.7% |
| Profit (loss) for the period to be appropriated9905 | €126k | €139k | €145k | €131k | €100k | ▼ 23.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €908k | €1.03M | €1.03M | €928k | €944k | ▲ 1.6% |
| Fixed assets21/28 | €344k | €333k | €328k | €323k | €369k | ▲ 14.0% |
| Tangible fixed assets22/27 | €344k | €333k | €328k | €323k | €369k | ▲ 14.0% |
| Land and buildings22 | €330k | €322k | €313k | €308k | €335k | ▲ 8.8% |
| Plant, machinery and equipment23 | €534 | €99 | - | - | - | - |
| Furniture and vehicles24 | - | - | €5k | €8k | €29k | ▲ 250% |
| Other tangible fixed assets26 | €13k | €11k | €9k | €7k | €6k | ▼ 25.9% |
| Current assets29/58 | €564k | €695k | €704k | €605k | €575k | ▼ 5.0% |
| Amounts receivable within one year40/41 | €64k | €71k | €93k | €99k | €85k | ▼ 13.7% |
| Trade receivables40 | €56k | €71k | €92k | €97k | €66k | ▼ 31.2% |
| Other amounts receivable41 | €8k | €226 | €1k | €2k | €19k | ▲ 876% |
| Current investments50/53 | €244k | €250k | €413k | €293k | €303k | ▲ 3.3% |
| Cash at bank and in hand54/58 | €256k | €373k | €196k | €212k | €185k | ▼ 12.9% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €1k | €2k | ▲ 55.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €908k | €1.03M | €1.03M | €928k | €944k | ▲ 1.6% |
| Equity10/15 | €633k | €493k | €577k | €684k | €740k | ▲ 8.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €615k | €475k | €559k | €665k | €721k | ▲ 8.4% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €613k | €473k | €559k | €665k | €721k | ▲ 8.4% |
| Amounts payable17/49 | €274k | €535k | €454k | €245k | €204k | ▼ 16.7% |
| Amounts payable after more than one year17 | €222k | €204k | €186k | €168k | €150k | ▼ 10.8% |
| Financial debts170/4 | €222k | €204k | €186k | €168k | €150k | ▼ 10.8% |
| Amounts payable within one year42/48 | €53k | €331k | €268k | €77k | €54k | ▼ 29.5% |
| Current portion of amounts payable after more than one year42 | €18k | €18k | €18k | €38k | €18k | ▼ 52.2% |
| Trade debts44 | €2k | €917 | €3k | €4k | €3k | ▼ 35.3% |
| Suppliers440/4 | €2k | €917 | €3k | €4k | €3k | ▼ 35.3% |
| Taxes, remuneration and social security45 | €33k | €32k | €47k | €28k | €2k | ▼ 92.1% |
| Taxes450/3 | €33k | €32k | €47k | €28k | €2k | ▼ 92.1% |
| Other amounts payable47/48 | - | €280k | €200k | €7k | €31k | ▲ 371% |
| Accrued charges and deferred income492/3 | - | €64 | €64 | €66 | €67 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126k | €139k | €145k | €131k | €100k | ▼ 23.7% |
| + Depreciation and write-downs630 | €19k | €11k | €10k | €12k | €15k | ▲ 22.0% |
| Operating cash flow (approximation) | €145k | €150k | €155k | €143k | €115k | ▼ 19.9% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €-7k | €-60k | ▼ 714% |
| Change in cash | - | €117k | €-177k | €17k | €-27k | ▼ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 7.91
Current ratio from 2.62 to 7.91; short-term debt falls from €268k to €77k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €145k ▲4.3%
Operating result €211k, net result €145k, both a record.
31-12
Financial
Equity above €500kEq €577k ▲17%
6 profitable years in a row build equity to €577k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Kruisem · 1 establishment unit since 2011
Ground area
1,492 m²
Building footprint
162 m²
Volume, LiDAR
1,043 m³
Parcel 45031A0877/00D000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fleur Bleue
since 20112.201.450.731
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45031A0877/00D000 | Flanders | 1,492 m² | 1 · 162 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600SBZYHEBSFT6A34
Similar companies · same sector, comparable size
CABINET D'AVOCATS FIASSE
BE 0823.192.280
Charleroi · Eq €739,631
TOM VANDECRUYS ADVOCAAT
BE 0465.240.803
Geel · Eq €738,961
GLMC
BE 0828.413.355
Sint-Gillis (bij-Brussel) · Eq €738,512
ADVOCATENKANTOOR SCHOUPPE
BE 0730.857.980
Wichelen · Eq €740,911
Clerens & vennoten
BE 0828.040.203
Elsene · Eq €741,067
Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 4,997 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.