ACTIVE

BLAUW

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Financial year 2025 · closed on 31/12/2025

Net result

-8,6 k €

-219.0% YoY

Gross margin

15,2 k €

-78.4% YoY

Equity

173,1 k €

-4.7% YoY

What does BLAUW do?

BLAUW is a Private limited company incorporated in 1995. Its main activity is: Specialised design activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.366.291

Incorporation

02/11/1995

Legal form

Private limited company

Registered office

Essenlaan(KIE) 36
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

74103Specialised design activities· main 74120Specialised design activities 74877Other professional, scientific and technical activities 47610Retail sale of books in specialised stores 47610Retail sale of books in specialised stores 73110Advertising agencies+1

Joint committees (2)

201
20100

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	15,2 k €	-78.4%	70,2 k €	-33.1%	104,9 k €	+4.5%	100,4 k €	-36.3%	157,6 k €	+43.5%	109,8 k €	+59.1%	69 k €	+4.2%	66,2 k €	-10.0%	73,6 k €	+62.0%	45,4 k €	-8.7%	49,7 k €	-7.0%	53,5 k €	+33.7%	40 k €	+120%	18,2 k €	-54.2%	39,8 k €	+33.3%	29,8 k €	-30.7%	43,1 k €	+30.6%	33 k €	-4.7%	34,6 k €
EBITDA	3,2 k €	-90.2%	32,8 k €	-48.8%	64,1 k €	+38.0%	46,4 k €	-51.0%	94,7 k €	+82.0%	52 k €	+98.2%	26,2 k €	-50.1%	52,6 k €	-17.4%	63,7 k €	+45.8%	43,7 k €	-10.1%	48,6 k €	-6.5%	52 k €	+34.5%	38,7 k €	+45.3%	26,6 k €	+2.1%	26,1 k €	+20.5%	21,6 k €	-36.9%	34,3 k €	+10.1%	31,1 k €	+0.8%	30,9 k €
Operating result	-10,7 k €	-208%	9,9 k €	-68.3%	31,2 k €	+48.8%	21 k €	-67.3%	64,2 k €	+107%	31 k €	+1258%	-2,7 k €	-109%	30 k €	-35.4%	46,5 k €	+31.1%	35,5 k €	+23.0%	28,8 k €	+20.3%	24 k €	+40.4%	17,1 k €	+304%	4,2 k €	-8.7%	4,6 k €	+112%	2,2 k €	-71.9%	7,7 k €	+52.4%	5,1 k €	-21.3%	6,5 k €
Net result	-8,6 k €	-219%	7,2 k €	-64.6%	20,3 k €	+73.3%	11,7 k €	-71.0%	40,5 k €	+96.6%	20,6 k €	+532%	-4,8 k €	-118%	26,4 k €	-30.2%	37,8 k €	-22.4%	48,7 k €	+129%	21,3 k €	+25.0%	17 k €	+115%	7,9 k €	+214%	-6,9 k €	-1126%	673,9 €	+136%	-1,9 k €	-175%	2,5 k €	+761%	-378 €	+74.8%	-1,5 k €
Balance sheet
Equity	173,1 k €	-4.7%	181,6 k €	+4.1%	174,4 k €	+13.2%	154,1 k €	+0.2%	153,7 k €	+52.9%	100,5 k €	+11.2%	90,4 k €	-3.8%	94 k €	+13.7%	82,6 k €	+38.0%	59,9 k €	+182%	21,2 k €	+113%	9,9 k €	+2248%	423,5 €	+2944%	13,9 €	-99.8%	6,9 k €	+10.8%	6,3 k €	-23.1%	8,1 k €	+44.3%	5,6 k €	-6.3%	6 k €
Total assets	220,2 k €	-12.0%	250,2 k €	+6.2%	235,6 k €	-4.3%	246,3 k €	-9.6%	272,5 k €	+36.6%	199,5 k €	+2.5%	194,8 k €	+0.9%	193 k €	+6.0%	182,1 k €	+12.4%	162 k €	+37.0%	118,2 k €	+0.6%	117,5 k €	+2.7%	114,4 k €	-0.4%	114,8 k €	-22.4%	148 k €	+10.8%	133,6 k €	+19.5%	111,8 k €	-19.7%	139,2 k €	-25.0%	185,6 k €
Cash	41,4 k €	+23.8%	33,4 k €	+184%	11,8 k €	-42.3%	20,4 k €	-55.9%	46,2 k €	+122%	20,8 k €	+47.3%	14,1 k €	+115%	6,6 k €	+4534%	141,7 €	-25.4%	190,1 €	+389%	38,9 €	-57.9%	92,3 €	-70.8%	315,5 €	+59.8%	197,5 €	-58.2%	472,1 €	-80.2%	2,4 k €	+1504%	148,4 €	-95.5%	3,3 k €	+18.3%	2,8 k €
Debts	33,3 k €	-39.0%	54,6 k €	+16.0%	47 k €	-39.5%	77,7 k €	-25.2%	103,9 k €	+24.6%	83,4 k €	-5.6%	88,4 k €	+8.4%	81,5 k €	-0.5%	82 k €	-3.1%	84,6 k €	-1.7%	86,1 k €	-10.9%	96,6 k €	-6.3%	103,1 k €	-0.2%	103,3 k €	-13.4%	119,2 k €	+11.7%	106,7 k €	+26.7%	84,2 k €	-30.5%	121,1 k €	-27.6%	167,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

PASCAL TROUVE

Director

Active

Ended mandates

Gertruda Van Roy

Manager · since 30 juin 2018

Ended

(GEERTJE) VAN ROY GERTRUDA

Director · since 01 juillet 2017

Ended

GERTRUDA VAN ROY

Director · since 01 juillet 2017

Ended

(GEERTJE) VAN ROY GERTRUDA

Director · until 22 février 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	26/09/2025	30/08/2024	31/08/2023	25/07/2022	31/08/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	08/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	26/09/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	12/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	25/07/2022	Dutch	PDF
Micro model	31/12/2020	14/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	24/07/2020	11/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	30/09/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	01/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

PASCAL TROUVE

Director

Active

Ended mandates

Gertruda Van Roy

Manager · since 30 juin 2018

Ended

(GEERTJE) VAN ROY GERTRUDA

Director · since 01 juillet 2017

Ended

GERTRUDA VAN ROY

Director · since 01 juillet 2017

Ended

(GEERTJE) VAN ROY GERTRUDA

Director · until 22 février 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/10/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office13/08/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/01/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/05/2004
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-8,6 k €↓
2024
Annual accounts 20247,2 k €↓
2023
Annual accounts 202320,3 k €↑
2022
Annual accounts 202211,7 k €↓
2021
Annual accounts 202140,5 k €↑
2019
Annual accounts 201920,6 k €↑
2018
Annual accounts 2018-4,8 k €↓
2017
Annual accounts 201726,4 k €↓
2016
Annual accounts 201637,8 k €↓
2015
Annual accounts 201548,7 k €↑
2014
Annual accounts 201421,3 k €↑
2013
Annual accounts 201317 k €↑
2012
Annual accounts 20127,9 k €↑
2011
Annual accounts 2011-6,9 k €↓
2010
Annual accounts 2010673,9 €↑
2009
Annual accounts 2009-1,9 k €↓
2008
Annual accounts 20082,5 k €↑
2007
Annual accounts 2007-378 €↑
2006
Annual accounts 2006-1,5 k €
02/11/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BLAUW

Overview

What does BLAUW do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline