Limited partnership · founded 2017 · 9 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).
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
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
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
Financial strength
How strong the balance sheet and results are, apart from the score: solvency, liquidity and profitability from the latest accounts, each out of 100. The score itself is the bankruptcy probability.
Strong
Solvency100+57
equity 74.8% of total assets
Liquidity91+57
short-term debt 25.2% · cash 55.0%
Profitability100=
return on assets 47.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
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 months11-2024: 0.2%12-2024: 0.2%● 0.0% vs 11-202401-2025: 0.2%● 0.0% vs 12-202402-2025: 0.2%▲ +2.0% vs 01-2025highest value03-2025: 0.2%● 0.0% vs 02-2025highest value04-2025: 0.2%▼ -1.3% vs 03-202505-2025: 0.2%● 0.0% vs 04-202506-2025: 0.2%▲ +1.3% vs 05-2025highest value07-2025: 0.2%● 0.0% vs 06-2025highest value08-2025: 0.2%● 0.0% vs 07-2025highest value09-2025: 0.1%▼ -16.7% vs 08-202510-2025: 0.1%▼ -8.5% vs 09-202511-2025: 0.1%● 0.0% vs 10-202512-2025: 0.1%▼ -1.7% vs 11-2025lowest value01-2026: 0.1%● 0.0% vs 12-2025lowest value02-2026: 0.1%● 0.0% vs 01-2026lowest value03-2026: 0.1%● 0.0% vs 02-2026lowest value04-2026: 0.1%● 0.0% vs 03-2026lowest value05-2026: 0.1%● 0.0% vs 04-2026lowest value06-2026: 0.1%● 0.0% vs 05-2026lowest value07-2026: 0.1%● 0.0% vs 06-2026lowest value08-2026: 0.1%● 0.0% vs 07-2026lowest value09-2026: 0.1%● 0.0% vs 08-2026lowest value10-2026: 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 €23,442lowers the probability
Legal form Limited partnershiplowers the probability
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.
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
Annual accounts filedfiscal year 2019 · micro…
Liquidity triplescurrent ratio 3.32
Annual accounts filedfiscal year 2018 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20211892 d lateView