Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Bluegrass Ventures USD from Sint-Agatha-Berchem, company number BE1006250086, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year Bluegrass Ventures USD recorded a gross margin of € -1.2 million and equity of € 24.3 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 24.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
Profit after tax over the fiscal year.
€ 272,481
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,578
Supplier invoices still open on the last day of the fiscal year.
What happened to Bluegrass Ventures USD?
What happened at Bluegrass Ventures USD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
- New establishment in Sint-Agatha-Berchem. KBO
- ALYDAR BV BV became a director. NBB
- Start of the company according to the CBE. KBO
Management
The stake of Bluegrass Ventures Privak USD, PERUNA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bluegrass Ventures USDBehind Bluegrass Ventures USD is ALYDAR BV BV. The shares are held by Bluegrass Ventures Privak USD (100%) and PERUNA (26.5%). It owns 83.7% of ITERATIVE FUND III and 67.7% of Pioneer Fund III L.P. itself.
Directors
According to the 2025 annual accounts
Director · represented by David VLERICK
Also active at: Bluegrass Ventures Privak, Bluegrass Ventures, Pimlico, Bluegrass Ventures Privak USD
since 2024
Shareholders
26.5%
Participations
ITERATIVE FUND III
83.7%
Pioneer Fund III L.P.
67.7%
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 1140 box 7
1082 Sint-Agatha-Berchem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1006.250.086
- VAT number
- BE 1006.250.086
- Registered office
- Gentsesteenweg 1140 bus 7, 1082 Sint-Agatha-Berchem
- Names & denominations
- Bluegrass Ventures USD
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 20 February 2024
- Peppol
- Not registered