Bluesquare
0501.535.431 · rovalta.com · 25/09/2026
ACTIVE
Bluesquare
Financial year 2025 · Closed on 31/12/2025
Net result393,7 k €+21,6 %over 1 year
Revenue10,2 M €
Equity4,6 M €+5,5 %over 1 year
Workforce26,6 ETP+9,0 %over 1 year
Overview
Identity
Source · BCE/KBOBluesquare is a Public limited company incorporated in 2012. Its main activity is: Computer programming activities. Its registered office is in Watermael-Boitsfort. It employs on average 26,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0501.535.431
- Incorporation
- 26/11/2012
- Legal form
- Public limited company
- Registered office
- Avenue des Lucioles 20
1170 Watermael-Boitsfort · BruxellesSee on map - Contributed capital
- 1 602 343,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 26,6 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 16 filingsTrend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 10,2 M € | – | – | – | – | ||||
| EBITDA | 1,6 M € | +4.6% | 1,5 M € | -8.8% | 1,7 M € | +64.9% | 1 M € | +36.8% | 742,2 k € |
| Operating result | 717,2 k € | +24.1% | 578,1 k € | -43.9% | 1 M € | +75.4% | 587,5 k € | +47.3% | 398,8 k € |
| Net result | 393,7 k € | +21.6% | 323,6 k € | -65.2% | 929,8 k € | +45.1% | 640,9 k € | +33.6% | 479,8 k € |
| Balance sheet | |||||||||
| Equity | 4,6 M € | +5.5% | 4,4 M € | +16.7% | 3,8 M € | +32.8% | 2,8 M € | +27.5% | 2,2 M € |
| Total assets | 7,5 M € | +8.4% | 7 M € | +19.2% | 5,8 M € | +22.6% | 4,8 M € | -28.9% | 6,7 M € |
| Cash | 3,4 M € | +7.2% | 3,2 M € | +50.9% | 2,1 M € | +57.6% | 1,3 M € | -25.9% | 1,8 M € |
| Debts | 2,8 M € | +8.1% | 2,6 M € | +62.2% | 1,6 M € | -12.0% | 1,8 M € | -58.9% | 4,4 M € |
| Other | |||||||||
| Workforce | 26,6 ETP | +9.0% | 24,4 ETP | +6.1% | 23,0 ETP | +8.5% | 21,2 ETP | +26.9% | 16,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20257 active · 47 ended
Active mandates
Active
Marta Esteve
ActiveGaëtan Herinckx
ActiveActive
Active
Maximilien de Coster
ActiveNicolas de Borman
ActiveEnded mandates
Other companies at this address
Avenue des Lucioles 20 1170 Watermael-Boitsfort| Company | CBE no. |
|---|---|
Memento Management● Active | 0838.518.676 |
Financials
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 | 01/01/2025 | 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 | 10/07/2026 | 02/09/2025 | 08/07/2024 | 25/07/2023 | 05/12/2022 | 13/12/2021 |
| General meeting | 01/07/2026 | 04/07/2025 | 26/06/2024 | 13/07/2023 | 07/10/2022 | 25/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 01/07/2026 | 10/07/2026 | French | |
| Abridged modelCorrection | 31/12/2024 | 04/07/2025 | 02/09/2025 | French | |
| Abridged model | 31/12/2024 | 04/07/2025 | 25/07/2025 | French | |
| Abridged model | 31/12/2023 | 26/06/2024 | 08/07/2024 | French | |
| Abridged model | 31/12/2022 | 13/07/2023 | 25/07/2023 | French | |
| Abridged model | 31/12/2021 | 07/10/2022 | 05/12/2022 | French | |
| Abridged modelCorrection | 31/12/2020 | 25/06/2021 | 13/12/2021 | French | |
| Abridged model | 31/12/2020 | 25/06/2021 | 16/08/2021 | French | |
| Abridged model | 31/12/2019 | 22/06/2020 | 06/08/2020 | French | |
| Abridged model | 31/12/2018 | 04/06/2019 | 26/09/2019 | French | |
| Abridged model | 31/12/2017 | 05/06/2018 | 11/07/2018 | French | |
| Abridged modelCorrection | 31/12/2016 | 08/06/2017 | 12/07/2017 | French | |
| Abridged model | 31/12/2016 | 08/06/2017 | 19/06/2017 | French | |
| Abridged model | 31/12/2015 | 29/04/2016 | 14/06/2016 | French | |
| Abridged model | 31/12/2014 | 19/06/2015 | 03/07/2015 | French | |
| Abridged model | 30/06/2013 | 05/12/2013 | 14/01/2014 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20257 active · 47 ended
Active mandates
Active
Marta Esteve
ActiveGaëtan Herinckx
ActiveActive
Active
Maximilien de Coster
ActiveNicolas de Borman
ActiveEnded mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates16/02/2026DEMISSIONS, NOMINATIONS
- Mandates13/09/2024DEMISSIONS, NOMINATIONS
- Mandates16/08/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Other16/11/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
- Other12/05/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
- Capital / shares11/05/2018CAPITAL, ACTIONS
- Mandates02/02/2018DEMISSIONS, NOMINATIONS
- Mandates29/06/2017DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025393,7 k €↑
- 2025Name changeBLUESQUARE SA
- 2024Annual accounts 2024323,6 k €↓
- 2023Annual accounts 2023929,8 k €↑
- 2022Annual accounts 2022640,9 k €↑
- 2021Annual accounts 2021479,8 k €↑
- 2021Name changeBlue Square
- 2020Annual accounts 2020278,3 k €↑
- 2018Annual accounts 201881,2 k €↑
- 2017Annual accounts 2017-249,5 k €↓
- 2016Annual accounts 201668,5 k €↑
- 2015Annual accounts 201546,1 k €↑
- 2014Annual accounts 2014-79,6 k €↓
- 2013Annual accounts 20134,8 k €
- 26/11/2012IncorporationPublic limited company