INACTIV BLUE
ActiveSummary
The computed 12-month bankruptcy probability of INACTIV BLUE is 2.7% (moderate). The 2025 annual accounts show negative equity (€-176k) and a net result of €-156k. Equity is shrinking by ~71.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 10359 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-21
Growth32=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.13 in 2024; short-term debt: 98.8% and cash: 6.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 2025Solvency, return and age of the figures
Solvency
-50%
Return on assets
-44.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-176k
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
30 d early
2023
29 d early
2022
4 d early
2021
24 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, abbreviated schema
Equity
€-176k▼ 786%
2024 · €-20k
2021: €562k
2022: €646k
2023: €304k
2024: €-20k
2021 → 2025
Total assets
€352k▼ 23.6%
2024 · €461k
2021: €1.92M
2022: €743k
2023: €531k
2024: €461k
2021 → 2025
Net result
€-156k▲ 51.8%
2024 · €-324k
2021: €532k
2022: €84k
2023: €-342k
2024: €-324k
2021 → 2025
Working capital
€-295k=
2024 · €-295k
2021: €387k
2022: €176k
2023: €-171k
2024: €-295k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€562k-€646k▲ 14.9%€304k▼ 53.0%€-20k€-176k▼ 786%
Operating result€688k-€114k▼ 83.4%€-325k€-309k▲ 4.9%€-145k▲ 53.1%
Net result€532k-€84k▼ 84.3%€-342k€-324k▲ 5.5%€-156k▲ 51.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €145k in 2025 against €309k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€299k ▼ 27.9%
Current assets
€53k ▲ 15.4%
Key figures and ratios
EBITDA
€-112k▲
2024 · €-249k
Cash flow
€-123k▲
2024 · €-263k
Solvency
-50.0%▼
2024 · -4.3%
Current ratio
0.15▲
2024 · 0.13
Quick ratio
0.10▲
2024 · 0.09
Debt to equity
-3.00▲
2024 · -24.21
ROA
-44.3%▲
2024 · -70.2%
Interest coverage
-10.25▲
2024 · -17.61
Debt
€528k▲
2024 · €481k
Debt ≤ 1 year
€348k▲
2024 · €341k
Debt > 1 year
€180k▲
2024 · €140k
Staff costs
€95k▼
2024 · €147k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€461k€352k▼
Fixed assets21/28€415k€299k▼
Tangible fixed assets22/27€415k€299k▼
Plant, machinery and equipment23€414k€299k▼
Furniture and vehicles24€866€480▼
Current assets29/58€46k€53k▲
Stocks and contracts in progress3€16k€19k▲
Stocks30/36€16k€19k▲
Amounts receivable within one year40/41€19k€11k▼
Trade receivables40€19k€9k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€10k€23k▲
Deferred charges and accrued income490/1€1k€734▼
Equity and liabilities
Total equity and liabilities10/49€461k€352k▼
Equity10/15€-20k€-176k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-50k€-206k▼
Amounts payable17/49€481k€528k▲
Amounts payable after more than one year17€140k€180k▲
Financial debts170/4€140k€180k▲
Amounts payable within one year42/48€341k€348k▲
Financial debts43€285k€285k=
Credit institutions430/8€285k€285k=
Trade debts44€39k€8k▼
Suppliers440/4€39k€8k▼
Taxes, remuneration and social security45€17k-
Taxes450/3€253-
Remuneration and social security454/9€17k-
Other amounts payable47/48-€55k
Income statement
Code20242025
Non-recurring operating income76A-€28k
Remuneration, social security and pensions62€147k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€33k▼
Other operating charges640/8€321€342▲
Gross operating margin9900€-101k€-17k▲
Operating profit (loss)9901€-309k€-145k▲
Financial income75/76B€13€63▲
Recurring financial income75€13€63▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€-324k€-156k▲
Profit (loss) for the period9904€-324k€-156k▲
Profit (loss) for the period to be appropriated9905€-324k€-156k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-320k€-206k▲
Profit (loss) brought forward from the previous period14P€4k€-50k▼
Transfer from equity791/2€270k-
Social balance
Average headcount (FTE)90872.0-
The notes to these accounts (9 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 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-342k ▼509%
Net result drops to €-342k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.81
Current ratio from 1.28 to 2.81; short-term debt falls from €1.36M to €97k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Beernem · 1 establishment unit since 2020
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.
Industriepark Oost 28730 BeernemGround area
2,522 m²
Building footprint
91 m²
Parcel 31028D0908/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
INACTIV BLUE
since 20202.310.709.353
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31028D0908/00A000 | Flanders | 2,522 m² | 1 · 91 m² | - |
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
ORTHODESIGN
BE 0879.756.148
Herselt · Eq €304,614
CENTRE AUDITIF - MONS
BE 0462.433.741
Mons · Eq €302,608
MEGA-MOBILITY
BE 0738.831.479
Beringen · Eq €305,277
HOORATELIER
BE 0847.576.595
Duffel · Eq €301,596
APOTHEEK DE PRETER A.
BE 0474.850.137
Sint-Niklaas · Eq €300,931
Of 1,070 companies in sector 47741 we hold annual accounts for 644. 477 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
Founded30-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.inactivblue.com
E-mail:info@inactivblue.com