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Blue Expression

Active Risk: very low
Limited partnershipfounded 20179 yrs activeG. E. Lebonlaan 84, 1160 Oudergem, BelgiumKBO/BCE: BE 0680.520.029
Summary

Blue Expression has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €31,862 and a net result of €20,253. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
Size
€42,589total assets 2019
Equity
€31,862
Profit
€20,253
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
0.1%
2019 figures too old to score
Structure
Accounts 1892 d overdue0 of 2 deeds read
Signals- Figures for FY 2019 (filed 10-08-2020)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Liquidity: current ratio 3.32, cash €23,442+ Legal form Limited partnershipNo filing for yearsFiled after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Strong
Solvency 100+57
equity 74.8% of total assets
Liquidity 91+57
short-term debt 25.2% · cash 55.0%
Profitability 100=
return on assets 47.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,832 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▲ +2.0% vs 01-2025highest value 03-2025: 0.2%● 0.0% vs 02-2025highest value 04-2025: 0.2%▼ -1.3% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%▲ +1.3% vs 05-2025highest value 07-2025: 0.2%● 0.0% vs 06-2025highest value 08-2025: 0.2%● 0.0% vs 07-2025highest value 09-2025: 0.1%▼ -16.7% vs 08-2025 10-2025: 0.1%▼ -8.5% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%▼ -1.7% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Figures for FY 2019 (filed 10-08-2020) raises the probability
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
  • Liquidity: current ratio 3.32, cash €23,442 lowers the probability
  • Legal form Limited partnership lowers the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2019 (filed 10-08-2020)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 3.32, cash €23,442
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Legal form Limited partnership
In the bankruptcy model this factor lowers the probability.
KBO
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline05-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 04-08-2020, 4 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 4 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2019 · micro…
  2. Liquidity triplescurrent ratio 3.32
  3. Annual accounts filedfiscal year 2018 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1892 d late View
  • Active since 2017founded 29-08-2017 9 years View
  • Total assets 20192 fiscal years filed €42,589 View

By topic

Financials

Fiscal year
2019
Total assets
€42,589
Profit
€20,253
Solvency
74.8%
Total assets▼ 33.7%
Net result
20182019
Go to Financials

Timeline

Events
3
Since
2019
  1. 04-08-2020Annual accounts filed
  2. 31-12-2019Liquidity triples
  3. 02-08-2019Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Limited partnership
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
29-08-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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