BLUE ENERGY
ActiveBLUE ENERGY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €801. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 7330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+1
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 3.84 in 2024), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
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
66.4%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
27 d late
2023
57 d late
2022
28 d early
2021
11 d late
2020
18 d late
2019
49 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 0.6%
2024 · €125k
2018: €-27k
2019: €84k
2020: €96k
2021: €114k
2022: €111k
2023: €125k
2024: €125k
2018 → 2025
Total assets
€190k▲ 14.9%
2024 · €166k
2018: €60k
2019: €235k
2020: €118k
2021: €142k
2022: €147k
2023: €188k
2024: €166k
2018 → 2025
Net result
€801▲ 74.2%
2024 · €460
2018: €-15k
2019: €111k
2020: €12k
2021: €21k
2022: €-3k
2023: €14k
2024: €460
2018 → 2025
Working capital
€114k▲ 0.1%
2024 · €114k
2018: €-15k
2019: €71k
2020: €69k
2021: €95k
2022: €87k
2023: €108k
2024: €114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€111k▼ 2.3%€125k▲ 12.4%€125k▲ 0.4%€126k▲ 0.6%
Operating result€32k-€-2k€20k€4k▼ 81.9%€4k▲ 1.5%
Net result€21k-€-3k€14k€460▼ 96.7%€801▲ 74.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190k
Fixed assets
€12k▲ 5.5%
Current assets
€178k▲ 15.7%
Equity and liabilities €190k
Equity
€126k▲ 0.6%
Debt
€64k▲ 59.7%
The debt ratio rises from 24.2% to 33.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€12k▼
2024 · €13k
Cash flow
€9k▼
2024 · €9k
Solvency
66.4%▼
2024 · 75.8%
Current ratio
2.78▼
2024 · 3.84
Quick ratio
2.78▼
2024 · 3.84
Debt / equity
0.51▲
2024 · 0.32
ROE
0.6%▲
2024 · 0.4%
ROA
0.4%▲
2024 · 0.3%
Interest coverage
54.62▲
2024 · 15.37
Debt
€64k▲
2024 · €40k
Debt ≤ 1 year
€64k▲
2024 · €40k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€166k€190k▲
Fixed assets21/28€12k€12k▲
Tangible fixed assets22/27€12k€12k▲
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€9k€11k▲
Financial fixed assets28€50€50=
Current assets29/58€154k€178k▲
Amounts receivable within one year40/41€109k€72k▼
Trade receivables40€78k€72k▼
Other amounts receivable41€31k€909▼
Cash at bank and in hand54/58€41k€104k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€166k€190k▲
Equity10/15€125k€126k▲
Contributions10/11€8k€8k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€100k€101k▲
Amounts payable17/49€40k€64k▲
Amounts payable within one year42/48€40k€64k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€7k€20k▲
Suppliers440/4€7k€20k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€8k-
Other amounts payable47/48€20k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€14k€13k▼
Operating profit (loss)9901€4k€4k▲
Financial charges65/66B€817€211▼
Recurring financial charges65€817€211▼
Profit (loss) for the period before taxes9903€3k€3k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€460€801▲
Profit (loss) for the period to be appropriated9905€460€801▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€101k▲
Profit (loss) brought forward from the previous period14P€100k€100k▲
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Equity above €100kEq €114k ▲18.4%
3 profitable years in a row build equity to €114k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 4.11
Current ratio from 1.54 to 4.11; short-term debt falls from €132k to €22k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €111k
Net result €111k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.76 to 1.54.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Viroinval · 1 establishment unit since 2009
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 Trou-Maillard, Treignes 245670 Viroinval1 establishment unit
BLUE ENERGY
since 20092.178.683.841
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 12,770 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
46645Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filings
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.