BUBBLEDREAM
ActiveSummary
BUBBLEDREAM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-124k) and a net result of €-53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.41 in 2024; short-term debt: 167.3% and cash: 2.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-74.2%
Return on assets
-31.4%
Age of the figures
15 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
19202122232425
2019 to 2025 · latest year €-124k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 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
25 d late
2024
8 d late
2023
29 d late
2022
48 d late
2021
18 d late
2020
23 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-124k▼ 73.4%
2024 · €-72k
2019: €-29k
2020: €-31k▼ -8.3% vs 2019
2021: €3k▲ +109% vs 2020highest in 7 years
2022: €-25k▼ -989% vs 2021
2023: €-24k▲ +5.1% vs 2022
2024: €-72k▼ -202% vs 2023
2025: €-124k▼ -73.4% vs 2024lowest in 7 years
2019 → 2025
Total assets
€168k▲ 5.9%
2024 · €158k
2019: €112klowest in 7 years
2020: €165k▲ +47.3% vs 2019
2021: €167k▲ +1.5% vs 2020
2022: €190k▲ +13.7% vs 2021highest in 7 years
2023: €174k▼ -8.5% vs 2022
2024: €158k▼ -8.9% vs 2023
2025: €168k▲ +5.9% vs 2024
2019 → 2025
Net result
€-53k▼ 9.7%
2024 · €-48k
2019: €-29k
2020: €-2k▲ +91.9% vs 2019
2021: €34k▲ +1524% vs 2020highest in 7 years
2022: €-28k▼ -182% vs 2021
2023: €1k▲ +105% vs 2022
2024: €-48k▼ -3878% vs 2023
2025: €-53k▼ -9.7% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-166k▼ 36.2%
2024 · €-122k
2019: €-14k
2020: €-19k▼ -33.4% vs 2019
2021: €-13k▲ +30.4% vs 2020highest in 7 years
2022: €-70k▼ -426% vs 2021
2023: €-78k▼ -10.8% vs 2022
2024: €-122k▼ -57.2% vs 2023
2025: €-166k▼ -36.2% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-25k€-24k▲ 5.1%€-72k▼ 202%€-124k▼ 73.4%
2021: €3khighest in 5 years
2022: €-25k▼ -989% vs 2021
2023: €-24k▲ +5.1% vs 2022
2024: €-72k▼ -202% vs 2023
2025: €-124k▼ -73.4% vs 2024lowest in 5 years
Operating result€37k-€-27k€789€-46k€-51k▼ 10.6%
2021: €37khighest in 5 years
2022: €-27k▼ -174% vs 2021
2023: €789▲ +103% vs 2022
2024: €-46k▼ -5919% vs 2023
2025: €-51k▼ -10.6% vs 2024lowest in 5 years
Net result€34k-€-28k€1k€-48k€-53k▼ 9.7%
2021: €34khighest in 5 years
2022: €-28k▼ -182% vs 2021
2023: €1k▲ +105% vs 2022
2024: €-48k▼ -3878% vs 2023
2025: €-53k▼ -9.7% 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 stays negative: a loss of €51k in 2025 against €46k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€53k ▼ 27.6%
Current assets
€114k ▲ 34.9%
Key figures and ratios
EBITDA
€-30k▼
2024 · €-26k
Cash flow
€-32k▼
2024 · €-28k
Solvency
-74.2%▼
2024 · -45.3%
Current ratio
0.41▼
2024 · 0.41
Quick ratio
0.28▲
2024 · 0.23
Debt to equity
-2.35▲
2024 · -3.21
ROA
-31.4%▼
2024 · -30.3%
Interest coverage
-18.15▼
2024 · -12.96
Debt
€292k▲
2024 · €230k
Debt ≤ 1 year
€281k▲
2024 · €207k
Debt > 1 year
€12k▼
2024 · €23k
Income taxes
€1k▲
2024 · €134
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€168k▲
Fixed assets21/28€74k€53k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€71k€51k▼
Plant, machinery and equipment23€39k€30k▼
Furniture and vehicles24€32k€21k▼
Financial fixed assets28€3k€130▼
Current assets29/58€85k€114k▲
Stocks and contracts in progress3€37k€37k=
Stocks30/36€37k€37k=
Amounts receivable within one year40/41€44k€70k▲
Trade receivables40€44k€67k▲
Other amounts receivable41€491€3k▲
Cash at bank and in hand54/58€207€5k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€158k€168k▲
Equity10/15€-72k€-124k▼
Contributions10/11€19k€19k=
Reserves13€29k€29k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-119k€-172k▼
Amounts payable17/49€230k€292k▲
Amounts payable after more than one year17€23k€12k▼
Financial debts170/4€23k€12k▼
Amounts payable within one year42/48€207k€281k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€2k€4k▲
Credit institutions430/8€2k€4k▲
Trade debts44€82k€89k▲
Suppliers440/4€82k€89k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€108k€172k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-25k€-29k▼
Operating profit (loss)9901€-46k€-51k▼
Financial income75/76B€12€818▲
Recurring financial income75€12€818▲
Non-recurring financial income76B€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-48k€-52k▼
Income taxes67/77€134€1k▲
Profit (loss) for the period9904€-48k€-53k▼
Profit (loss) for the period to be appropriated9905€-48k€-53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-119k€-172k▼
Profit (loss) brought forward from the previous period14P€-71k€-119k▼
The notes to these accounts (15 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 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €5k | €19k | €20k | €21k | ▲ 3.4% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▼ 11.4% |
| Non-recurring operating charges66A | - | €588 | €0 | - | - | - |
| Gross operating margin9900 | €40k | €-20k | €21k | €-25k | €-29k | ▼ 17.8% |
| Operating profit (loss)9901 | €37k | €-27k | €789 | €-46k | €-51k | ▼ 10.6% |
| Financial income75/76B | - | €571 | €3k | €12 | €818 | ▲ 6,788% |
| Recurring financial income75 | €383 | €571 | €27 | €12 | €818 | ▲ 6,788% |
| Non-recurring financial income76B | - | - | €3k | €0 | - | - |
| Financial charges65/66B | - | €1k | €2k | €2k | €2k | ▼ 17.0% |
| Recurring financial charges65 | €3k | €1k | €2k | €2k | €2k | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €34k | €-28k | €1k | €-48k | €-52k | ▼ 7.8% |
| Income taxes67/77 | - | €9 | €158 | €134 | €1k | ▲ 698% |
| Profit (loss) for the period9904 | €34k | €-28k | €1k | €-48k | €-53k | ▼ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €34k | €-28k | €1k | €-48k | €-53k | ▼ 9.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €190k | €174k | €158k | €168k | ▲ 5.9% |
| Fixed assets21/28 | €25k | €103k | €89k | €74k | €53k | ▼ 27.6% |
| Intangible fixed assets21 | - | - | - | - | €2k | - |
| Tangible fixed assets22/27 | €25k | €100k | €86k | €71k | €51k | ▼ 28.5% |
| Plant, machinery and equipment23 | - | €52k | €43k | €39k | €30k | ▼ 24.0% |
| Furniture and vehicles24 | - | €48k | €43k | €32k | €21k | ▼ 34.0% |
| Financial fixed assets28 | €130 | €3k | €3k | €3k | €130 | ▼ 95.1% |
| Current assets29/58 | €142k | €87k | €85k | €85k | €114k | ▲ 34.9% |
| Stocks and contracts in progress3 | €41k | €34k | €41k | €37k | €37k | = |
| Stocks30/36 | - | €34k | €41k | €37k | €37k | = |
| Amounts receivable within one year40/41 | €68k | €51k | €35k | €44k | €70k | ▲ 58.1% |
| Trade receivables40 | - | €49k | €30k | €44k | €67k | ▲ 53.2% |
| Other amounts receivable41 | - | €2k | €5k | €491 | €3k | ▲ 494% |
| Cash at bank and in hand54/58 | €31k | €411 | €6k | €207 | €5k | ▲ 2,083% |
| Deferred charges and accrued income490/1 | - | €2k | €3k | €3k | €3k | ▼ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €190k | €174k | €158k | €168k | ▲ 5.9% |
| Equity10/15 | €3k | €-25k | €-24k | €-72k | €-124k | ▼ 73.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €29k | €29k | €29k | €29k | €29k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €27k | €27k | €27k | €27k | = |
| Profit (loss) carried forward14 | €-45k | €-73k | €-71k | €-119k | €-172k | ▼ 44.2% |
| Amounts payable17/49 | €164k | €215k | €198k | €230k | €292k | ▲ 26.9% |
| Amounts payable after more than one year17 | €8k | €48k | €35k | €23k | €12k | ▼ 50.5% |
| Financial debts170/4 | - | €48k | €35k | €23k | €12k | ▼ 50.5% |
| Amounts payable within one year42/48 | €156k | €157k | €163k | €207k | €281k | ▲ 35.7% |
| Current portion of amounts payable after more than one year42 | - | €17k | €13k | €12k | €12k | ▲ 3.6% |
| Financial debts43 | - | €2k | €474 | €2k | €4k | ▲ 135% |
| Credit institutions430/8 | - | €2k | €474 | €2k | €4k | ▲ 135% |
| Trade debts44 | €77k | €47k | €38k | €82k | €89k | ▲ 9.3% |
| Suppliers440/4 | - | €47k | €38k | €82k | €89k | ▲ 9.3% |
| Advances received on contracts in progress46 | - | €16k | €263 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €7k | €937 | €3k | €3k | ▼ 13.7% |
| Taxes450/3 | - | €7k | €937 | €3k | €3k | ▼ 13.7% |
| Other amounts payable47/48 | - | €68k | €110k | €108k | €172k | ▲ 59.0% |
| Accrued charges and deferred income492/3 | - | €10k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €-28k | €1k | €-48k | €-53k | ▼ 9.7% |
| + Depreciation and write-downs630 | €1k | €5k | €19k | €20k | €21k | ▲ 3.4% |
| Operating cash flow (approximation) | €35k | €-23k | €20k | €-28k | €-32k | ▼ 14.3% |
| Investment in fixed assets (approximation) | - | €-83k | €-5k | €-5k | €-480 | ▲ 90.2% |
| Change in cash | - | €-31k | €5k | €-5k | €4k | ▲ 180% |
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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-06
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series.
08-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 48 days late
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-06
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Nazareth-De Pinte · 1 establishment unit since 2008
Ground area
745 m²
Building footprint
166 m²
Volume, LiDAR
886 m³
Parcel 44048F0189/00D002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BUBBLEDREAM
since 20082.171.814.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048F0189/00D002 | Flanders | 745 m² | 1 · 166 m² | 9.1 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.
Similar companies · same sector, comparable size
GLOBAL PLANET
BE 0688.507.087
Houthalen-Helchteren · Eq €3,444
Probelgium
BE 0846.884.531
Heers · Eq €4,765
KSP/EURO SUN PROJECTS
BE 0415.332.224
Herselt · Eq €5,041
EAUPLUS
BE 0722.742.644
Ninove · Eq €5,830
FROTECH
BE 0833.400.145
Alken · Eq €6,329
Of 156 companies in sector 46836 we hold annual accounts for 113. 14 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 (pre-2019)
Founded16-05-2008
Fiscal year end30-06
Activities, NACEBEL 2025
46836Wholesale trade
43990Other specialised construction activities
77229Renting and leasing of other personal and household goods
93130Fitness centres
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.