ACTIVE

De Blauwe Vogel 1609

Financial year 2025 · Closed on 31/12/2025

Net result4,7 M €-21,5 %over 1 year
Revenue89,8 M €+16,8 %over 1 year
Equity19,6 M €+16,1 %over 1 year
Workforce15,5 ETP+0,6 %over 1 year

Identity

Source · BCE/KBO

De Blauwe Vogel 1609 is a Public limited company incorporated in 1988. Its main activity is: Information service activities. Its registered office is in Sint-Truiden. It employs on average 15,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.888.027
Incorporation
28/03/1988
Legal form
Public limited company
Registered office
Luikersteenweg 54 box D
3800 Sint-Truiden · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
15,5 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 17 financial years

20252024202320222018
Income statement
Revenue89,8 M €76,8 M €76,4 M €63,2 M €60,6 M €
EBITDA4,9 M €6,4 M €5,5 M €5,2 M €4 M €
Operating result4,9 M €6,3 M €5,4 M €5,2 M €4 M €
Net result4,7 M €6 M €5,9 M €4,2 M €2,2 M €
Balance sheet
Equity19,6 M €16,9 M €14,5 M €10,7 M €9,6 M €
Total assets55,7 M €51,3 M €44,5 M €30,9 M €30 M €
Cash5,9 M €6,6 M €4,6 M €2,8 M €10,3 M €
Debts29,9 M €28,4 M €23,5 M €13,7 M €14,5 M €
Other
Workforce15,5 ETP15,4 ETP16,8 ETP13,2 ETP11,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 22 ended

Active mandates

Investing and Insurance Company

Director · 0417.039.424

Represented by Trudo Carlier

Active
JCC Executive Solutions

Director · 1012.670.595

Represented by Julian Comninos

Active

Ended mandates

JCC Executive Solutions

Director · since 21 août 2024 · 1012.670.595

Represented by Julian Comninos

Ended
Investing and Insurance Company

Managing director · since 25 novembre 2020 · 0417.039.424

Represented by Carlier Trudo

Ended
Investing and Insurance Company

Director · since 25 novembre 2020 · 0417.039.424

Represented by Trudo Carlier

Ended
Investing and Insurance Company

Managing director · since 02 janvier 2020 · until 10 avril 2025 · 0417.039.424

Represented by Carlier Trudo

Ended

Other companies at this address

Luikersteenweg 54 3800 Sint-Truiden

Full financial information

Source · NBB
202520242023202220202019
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsFull model
Start of the financial year01/01/202501/01/202401/10/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202231/12/202031/12/2019
Length of the financial year12 months12 months15 months21 months12 months12 months
Filing date30/07/202610/09/202507/11/202422/09/202326/01/202227/10/2020
General meeting30/07/202618/07/202507/11/202422/09/202301/01/999931/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/07/202630/07/2026DutchPDF
Full modelCorrection31/12/202418/07/202510/09/2025DutchPDF
Full model31/12/202418/07/202524/07/2025DutchPDF
Full model31/12/202307/11/202407/11/2024DutchPDF
Full model30/09/202222/09/202322/09/2023DutchPDF
Full model31/12/202003/12/202115/12/2021DutchPDF
Consolidated accounts31/12/202001/01/999926/01/2022DutchPDF
Full modelCorrection31/12/201931/08/202027/10/2020DutchPDF
Full model31/12/201931/08/202029/09/2020DutchPDF
Consolidated accounts31/12/201931/08/202027/10/2020DutchPDF
Full model31/12/201818/06/201920/06/2019DutchPDF
Consolidated accounts31/12/201830/06/201914/08/2019DutchPDF
Full model31/12/201730/06/201831/08/2018DutchPDF
Consolidated accounts31/12/201730/06/201807/09/2018DutchPDF
Full model31/12/201601/05/201720/06/2017DutchPDF
Full model31/12/201530/05/201624/06/2016DutchPDF
Full model31/12/201430/06/201529/09/2015DutchPDF
Full model31/12/201330/04/201426/05/2014DutchPDF
Full model31/12/201207/06/201328/06/2013DutchPDF
Abridged model31/12/201115/03/201206/06/2012DutchPDF
Abridged model31/12/201015/03/201126/04/2011DutchPDF
Abridged model31/12/200915/03/201025/05/2010DutchPDF
Abridged model31/12/200816/03/200927/08/2009DutchPDF
Abridged model31/12/200715/03/200827/08/2008DutchPDF

View all 25 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 22 ended

Active mandates

Investing and Insurance Company

Director · 0417.039.424

Represented by Trudo Carlier

Active
JCC Executive Solutions

Director · 1012.670.595

Represented by Julian Comninos

Active

Ended mandates

JCC Executive Solutions

Director · since 21 août 2024 · 1012.670.595

Represented by Julian Comninos

Ended
Investing and Insurance Company

Managing director · since 25 novembre 2020 · 0417.039.424

Represented by Carlier Trudo

Ended
Investing and Insurance Company

Director · since 25 novembre 2020 · 0417.039.424

Represented by Trudo Carlier

Ended
Investing and Insurance Company

Managing director · since 02 janvier 2020 · until 10 avril 2025 · 0417.039.424

Represented by Carlier Trudo

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/12/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/04/2023
    DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other18/02/2022
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates02/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates21/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,7 M €↓
  2. 2024
    Annual accounts 20246 M €↑
  3. 2023
    Annual accounts 20235,9 M €↑
  4. 2022
    Annual accounts 20224,2 M €↑
  5. 2018
    Annual accounts 20182,2 M €↑
  6. 2017
    Annual accounts 2017655,4 k €↓
  7. 2016
    Annual accounts 20161,6 M €↓
  8. 2015
    Annual accounts 20151,8 M €↑
  9. 2014
    Annual accounts 2014937,4 k €↑
  10. 2013
    Annual accounts 2013624,2 k €↑
  11. 2012
    Annual accounts 2012531,4 k €↑
  12. 2011
    Annual accounts 2011494,9 k €↑
  13. 2010
    Annual accounts 20105 k €↑
  14. 2009
    Annual accounts 2009417,9 €↓
  15. 2008
    Annual accounts 200864,2 k €↑
  16. 2007
    Annual accounts 200730,4 k €↑
  17. 2006
    Annual accounts 200614,8 k €
  18. 28/03/1988
    IncorporationPublic limited company