ACTIVE

BLUE BELGIUM

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Financial year 2024 · closed on 31/12/2024

Net result

101,6 k €

+121.5% YoY

Gross margin

1,6 M €

+5.1% YoY

Equity

276 k €

-9.3% YoY

Workforce

26,9 ETP

+2.3% YoY

What does BLUE BELGIUM do?

BLUE BELGIUM is a Private limited company incorporated in 1996. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Manage. It employs on average 26,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.160.505

Incorporation

05/02/1996

Legal form

Private limited company

Registered office

Rue Cense de la Motte 47
7170 Manage · WallonieSee on map

Contributed capital

92 340,34 €

Latest accounts

31/12/2024

Average workforce

26,9 ETP

Activities (NACE)

74700Other professional, scientific and technical activities· main 81210General cleaning of buildings 81210General cleaning of buildings 81220Other building and industrial cleaning activities 81220Other building and industrial cleaning activities

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	+5.1%	1,6 M €	+21.3%	1,3 M €	-3.7%	1,3 M €	+8.7%	1,2 M €	-5.0%	1,3 M €	-7.9%	1,4 M €	+8.6%	1,3 M €	-14.8%	1,5 M €	-19.1%	1,9 M €	+3.0%	1,8 M €	+7.2%	1,7 M €	+17.6%	1,4 M €	+1.1%	1,4 M €	+4.9%	1,4 M €	+5.0%	1,3 M €	+10.2%	1,2 M €	+34.3%	873,2 k €	-0.3%	875,4 k €
EBITDA	259,2 k €	+95.8%	132,4 k €	+55.7%	85 k €	-28.3%	118,6 k €	-31.0%	171,9 k €	+15.7%	148,5 k €	-5.1%	156,4 k €	+46.3%	106,9 k €	+41.4%	75,6 k €	-48.6%	147,1 k €	-30.8%	212,6 k €	-1.5%	215,9 k €	+31.8%	163,8 k €	-29.3%	231,8 k €	+73.3%	133,7 k €	-20.4%	168 k €	+63.9%	102,5 k €	+55.7%	65,8 k €	-6.4%	70,3 k €
Operating result	150,1 k €	+116%	69,4 k €	+35.0%	51,4 k €	-38.3%	83,4 k €	-36.1%	130,5 k €	+25.8%	103,8 k €	-14.1%	120,8 k €	+146%	49 k €	+1424%	3,2 k €	-93.5%	49,3 k €	-57.7%	116,5 k €	+3.0%	113,1 k €	+10.9%	101,9 k €	-38.2%	164,9 k €	+89.1%	87,2 k €	-10.5%	97,5 k €	+195%	33,1 k €	+154%	13 k €	-70.4%	44 k €
Net result	101,6 k €	+121%	45,9 k €	-3.7%	47,7 k €	-86.0%	339,5 k €	+220%	106 k €	+83.3%	57,8 k €	-20.9%	73,1 k €	+601%	-14,6 k €	+66.3%	-43,3 k €	-338%	-9,9 k €	-122%	44,3 k €	+2.6%	43,1 k €	+22.9%	35,1 k €	-57.7%	82,9 k €	+51.4%	54,8 k €	+11.9%	49 k €	+1253%	-4,2 k €	+43.2%	-7,5 k €	-152%	14,3 k €
Balance sheet
Equity	276 k €	-9.3%	304,3 k €	-15.1%	358,5 k €	+29.6%	276,5 k €	+105%	135 k €	+8.9%	124 k €	-1.7%	126,2 k €	+6.9%	118,1 k €	-11.0%	132,7 k €	-24.6%	176 k €	-5.3%	185,9 k €	+11.6%	166,7 k €	-1.1%	168,6 k €	+3.1%	163,5 k €	+35.6%	120,5 k €	-4.2%	125,8 k €	-0.6%	126,5 k €	-3.2%	130,7 k €	-5.4%	138,2 k €
Total assets	1,5 M €	-5.1%	1,6 M €	+7.2%	1,5 M €	-6.0%	1,6 M €	+13.3%	1,4 M €	+5.9%	1,3 M €	+1.4%	1,3 M €	+1.9%	1,3 M €	-19.4%	1,6 M €	-1.2%	1,6 M €	-8.3%	1,7 M €	+5.3%	1,6 M €	-4.0%	1,7 M €	+35.9%	1,3 M €	+3.9%	1,2 M €	+34.7%	903,9 k €	-7.6%	978,6 k €	+29.7%	754,7 k €	+19.8%	630,2 k €
Cash	16 k €	-33.6%	24,1 k €	+114%	11,2 k €	-56.6%	25,9 k €	+57.6%	16,4 k €	+122%	7,4 k €	+1.8%	7,3 k €	-77.6%	32,5 k €	+196%	10,9 k €	+274%	2,9 k €	-94.5%	52,9 k €	+14.5%	46,2 k €	+216%	14,6 k €	-48.4%	28,4 k €	+186%	9,9 k €	-52.2%	20,8 k €	-57.5%	48,8 k €	+9217%	524 €	-97.3%	19,2 k €
Debts	1,2 M €	-3.6%	1,3 M €	+13.8%	1,1 M €	-13.6%	1,3 M €	+3.5%	1,3 M €	+5.5%	1,2 M €	+1.8%	1,2 M €	+1.9%	1,1 M €	-19.9%	1,4 M €	+1.4%	1,4 M €	-8.8%	1,5 M €	+4.7%	1,5 M €	-4.2%	1,5 M €	+40.3%	1,1 M €	+0.7%	1,1 M €	+40.6%	775,5 k €	-8.5%	847,9 k €	+36.7%	620,1 k €	+27.3%	487 k €
Other
Workforce	26,9 ETP	+2.3%	26,3 ETP	+4.4%	25,2 ETP	-1.2%	25,5 ETP	+4.1%	24,5 ETP	-0.8%	24,7 ETP	-15.1%	29,1 ETP	+1.7%	28,6 ETP	-14.9%	33,6 ETP	-16.2%	40,1 ETP	+7.8%	37,2 ETP	+8.5%	34,3 ETP	+9.2%	31,4 ETP	+7.5%	29,2 ETP	-5.8%	31,0 ETP	+4.7%	29,6 ETP	+8.4%	27,3 ETP	+28.2%	21,3 ETP	-2.7%	21,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 12 ended

Active mandates

Quatro Investment

Director · since 04 janvier 2021 · 0841.823.408

Represented by Benoit Limauge

Active

Holding Immo Quatro

Director · since 06 mai 2013 · 0849.491.455

Represented by Marc Crepel

Active

Ended mandates

Quatro Investment

Manager · since 04 janvier 2021 · 0841.823.408

Represented by Benoit Limauge

Ended

Holding Immo Quatro

Manager · since 06 mai 2013 · 0849.491.455

Represented by Benoit Limauge

Ended

Holding Immo Quatro

Manager · since 06 mai 2013 · 0849.491.455

Represented by Marc Crepel

Ended

GROUPE ABP

Manager · since 26 juillet 2008 · until 06 mai 2013 · 0461.067.427

Represented by Benoît LIMAUGE

Ended

At this address

Other companies at this address

Company	CBE no.
Holding Immo Quatro● Active	0849.491.455
PS CLEANING● Active	1029.309.560
Quatro Investment● Active	0841.823.408

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2025	01/07/2024	14/08/2023	06/07/2022	27/08/2021	01/10/2020
General meeting	21/05/2025	28/06/2024	09/06/2023	30/06/2022	26/07/2021	14/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	21/05/2025	03/06/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	09/06/2023	14/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	26/07/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	14/09/2020	01/10/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	08/08/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	25/08/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	02/05/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	23/06/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	04/07/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	04/07/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 12 ended

Active mandates

Quatro Investment

Director · since 04 janvier 2021 · 0841.823.408

Represented by Benoit Limauge

Active

Holding Immo Quatro

Director · since 06 mai 2013 · 0849.491.455

Represented by Marc Crepel

Active

Ended mandates

Quatro Investment

Manager · since 04 janvier 2021 · 0841.823.408

Represented by Benoit Limauge

Ended

Holding Immo Quatro

Manager · since 06 mai 2013 · 0849.491.455

Represented by Benoit Limauge

Ended

Holding Immo Quatro

Manager · since 06 mai 2013 · 0849.491.455

Represented by Marc Crepel

Ended

GROUPE ABP

Manager · since 26 juillet 2008 · until 06 mai 2013 · 0461.067.427

Represented by Benoît LIMAUGE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/05/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring18/07/2023
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/04/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates09/08/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office10/10/2016
SIEGE SOCIAL
PDF
Mandates27/05/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2007
DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 2024101,6 k €↑
2023
Annual accounts 202345,9 k €↓
2022
Annual accounts 202247,7 k €↓
2021
Annual accounts 2021339,5 k €↑
2020
Annual accounts 2020106 k €↑
2019
Annual accounts 201957,8 k €↓
2018
Annual accounts 201873,1 k €↑
2017
Annual accounts 2017-14,6 k €↑
2016
Annual accounts 2016-43,3 k €↓
2015
Annual accounts 2015-9,9 k €↓
2014
Annual accounts 201444,3 k €↑
2013
Annual accounts 201343,1 k €↑
2012
Annual accounts 201235,1 k €↓
2011
Annual accounts 201182,9 k €↑
2010
Annual accounts 201054,8 k €↑
2009
Annual accounts 200949 k €↑
2008
Annual accounts 2008-4,2 k €↑
2007
Annual accounts 2007-7,5 k €↓
2006
Annual accounts 200614,3 k €
05/02/1996
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

BLUE BELGIUM

Overview

What does BLUE BELGIUM do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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