ACTIVE

BLENDWELL

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Financial year 2025 · Closed on 30/09/2025

Net result1,1 M €-11,8 %over 1 year

Gross margin1,5 M €-12,5 %over 1 year

Equity2,3 M €+4,0 %over 1 year

Workforce5,0 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

BLENDWELL is a Public limited company incorporated in 2000. Its main activity is: Manufacture of dyes and pigments. Its registered office is in Dour. It employs on average 5,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0473.309.025
Incorporation: 20/11/2000
Legal form: Public limited company
Registered office: Rue Benoît 50
7370 Dour · WallonieSee on map
Contributed capital: 297 600,00 €
Latest accounts: 30/09/2025
Average workforce: 5,0 ETP

Activities (NACE)

20120Manufacture of dyes and pigments· main 20120Manufacture of dyes and pigments 24120Manufacture of basic iron and steel and of ferro-alloys 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	-12.5%	1,7 M €	-3.3%	1,8 M €	+1.7%	1,7 M €	+14.8%	1,5 M €
EBITDA	1,1 M €	-16.6%	1,4 M €	+0.7%	1,3 M €	-3.1%	1,4 M €	+16.1%	1,2 M €
Operating result	1,1 M €	-15.1%	1,3 M €	+1.2%	1,3 M €	-1.3%	1,3 M €	+18.3%	1,1 M €
Net result	1,1 M €	-11.8%	1,2 M €	+0.4%	1,2 M €	-1.2%	1,2 M €	+20.4%	1 M €
Balance sheet
Equity	2,3 M €	+4.0%	2,2 M €	+11.8%	1,9 M €	+13.0%	1,7 M €	+16.1%	1,5 M €
Total assets	3,4 M €	+2.9%	3,3 M €	+6.1%	3,1 M €	+1.2%	3,1 M €	+19.8%	2,6 M €
Cash	1,4 M €	+14.6%	1,2 M €	+58.7%	784,5 k €	-36.1%	1,2 M €	+112%	579,5 k €
Debts	1,1 M €	+0.7%	1,1 M €	-3.5%	1,2 M €	-13.9%	1,3 M €	+25.2%	1,1 M €
Other
Workforce	5,0 ETP	-9.1%	5,5 ETP	0.0%	5,5 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BLENDWELL INVEST0880.518.092Represented by DIDIER MURI	Director15/05/2006 → 09/02/2018
DIDIER MURI	Managing director15/05/2006 → 09/02/2018

Other companies at this address

Rue Benoît 50 7370 Dour

Company	CBE no.
Blendwell UTVA● Active	0693.925.132

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/04/2026	28/03/2025	15/04/2024	29/03/2023	23/02/2022	23/03/2021
General meeting	23/03/2026	27/03/2025	27/03/2024	27/03/2023	11/02/2022	12/02/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	23/03/2026	21/04/2026	French	PDF
Abridged model	30/09/2024	27/03/2025	28/03/2025	French	PDF
Abridged model	30/09/2023	27/03/2024	15/04/2024	French	PDF
Abridged model	30/09/2022	27/03/2023	29/03/2023	French	PDF
Abridged model	30/09/2021	11/02/2022	23/02/2022	French	PDF
Abridged model	30/09/2020	12/02/2021	23/03/2021	French	PDF
Abridged model	30/09/2019	14/02/2020	02/03/2020	French	PDF
Abridged modelCorrection	30/09/2018	08/02/2019	23/10/2019	French	PDF
Abridged model	30/09/2018	08/02/2019	27/02/2019	French	PDF
Abridged model	30/09/2017	09/02/2018	26/03/2018	French	PDF
Abridged model	30/09/2016	10/02/2017	09/03/2017	French	PDF
Abridged model	30/09/2015	12/02/2016	14/03/2016	French	PDF
Abridged model	30/09/2014	13/02/2015	11/03/2015	French	PDF
Abridged model	30/09/2013	14/02/2014	31/03/2014	French	PDF
Abridged model	30/09/2012	08/02/2013	25/02/2013	French	PDF
Abridged model	30/09/2011	06/03/2012	28/03/2012	French	PDF
Abridged model	30/09/2010	11/02/2011	01/03/2011	French	PDF
Abridged model	30/09/2009	12/02/2010	10/03/2010	French	PDF
Abridged model	30/09/2008	13/02/2009	27/04/2009	French	PDF
Abridged model	30/09/2007	08/02/2008	22/04/2008	French	PDF
Abridged model	30/09/2006	09/02/2007	11/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BLENDWELL INVEST0880.518.092Represented by DIDIER MURI	Director15/05/2006 → 09/02/2018
DIDIER MURI	Managing director15/05/2006 → 09/02/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates06/06/2006
DEMISSIONS, NOMINATIONS
PDF
Registered office09/10/2002
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

BLENDWELL INVEST

DIDIER MURI

200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BLENDWELL

Rue Benoît 50, 7370 Dour

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Benoît 50, 7370 DourCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00086302

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BLENDWELLCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00086302

Events

2025
Annual accounts 20251,1 M €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 20231,2 M €↓
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 20211 M €↑
2020
Annual accounts 2020740,3 k €↓
2019
Annual accounts 2019754,3 k €↑
2018
Annual accounts 2018478,4 k €↑
2017
Annual accounts 2017332,9 k €↑
2016
Annual accounts 2016123,6 k €↓
2015
Annual accounts 2015145,2 k €↓
2014
Annual accounts 2014210,6 k €↑
2013
Annual accounts 2013203,4 k €↓
2012
Annual accounts 2012210,7 k €↑
2011
Annual accounts 2011161,8 k €↓
2010
Annual accounts 2010188,6 k €↑
2009
Annual accounts 200978,5 k €↓
2008
Annual accounts 200898,7 k €↑
2007
Annual accounts 200787,3 k €↑
2006
Annual accounts 200662,8 k €
20/11/2000
IncorporationPublic limited company

BLENDWELL

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events