ACTIVE

BLUE MAP

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Financial year 2025 · closed on 31/12/2025
Net result
5,1 k €
-19.3% YoY
Gross margin
21,4 k €
-5.6% YoY
Equity
19,2 k €
+36.8% YoY

What does BLUE MAP do?

BLUE MAP is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Herstal.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.815.633
Incorporation
28/01/2013
Legal form
Private limited company
Registered office
Rue de Hermée 225
4040 Herstal · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities71209Technical testing and analysis71209Technical testing and analysis
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin21,4 k €22,6 k €18 k €18 k €15,7 k €33,2 k €48,1 k €68,7 k €66,2 k €54 k €-1,4 k €4 k €-2 k €
EBITDA9,4 k €11,3 k €9 k €8,4 k €6,1 k €4,2 k €16,2 k €-8,7 k €-3,9 k €6,1 k €-1,8 k €3,8 k €-2,4 k €
Operating result8,1 k €10 k €8,8 k €8,4 k €6,1 k €4,2 k €16,2 k €-8,7 k €-8,1 k €1,3 k €-7,3 k €-1,8 k €-7,7 k €
Net result5,1 k €6,4 k €5 k €4,9 k €3,1 k €1,6 k €12,5 k €-12,4 k €-9,4 k €1,1 k €-7,5 k €-2 k €-7,8 k €
Balance sheet
Equity19,2 k €14 k €7,6 k €2,6 k €-2,3 k €-5,3 k €-6,9 k €-19,4 k €-7 k €2,4 k €1,3 k €8,8 k €10,8 k €
Total assets34,4 k €33,4 k €27,3 k €34,8 k €19,8 k €1,6 k €2,8 k €23 k €48,2 k €20,7 k €7,1 k €28,7 k €30,3 k €
Cash2,5 k €1,4 k €1,4 k €4,4 k €938,2 €444,8 €2,2 k €715,2 €3,3 k €1,8 k €6,1 k €1,4 k €5,4 k €
Debts15,2 k €19,3 k €19,6 k €32,2 k €22 k €6,9 k €9,7 k €42,1 k €55,2 k €18,2 k €5,8 k €19,9 k €19,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

René MATHOUL

Director

Active

Ended mandates

René MATHOUL

Director · since 15 mai 2018

Ended
Patrick De Maeyer

Manager · since 31 mars 2016

Ended
Carine HUPPERMANN

Manager · since 20 août 2013 · until 30 juin 2015

Ended
Erik DE WILDE

Manager · since 28 janvier 2013 · until 14 mars 2016

Ended
At this address

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0507.735.513
PRODUCT & NEGOCE● Active
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THV DEGREMONT - DECKX A.O. - INEOS OXIDE● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202626/06/202510/07/202428/07/202328/07/202230/07/2021
General meeting06/05/202611/06/202521/06/202401/06/202301/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/05/202605/06/2026FrenchPDF
Micro model31/12/202411/06/202526/06/2025FrenchPDF
Micro model31/12/202321/06/202410/07/2024FrenchPDF
Micro model31/12/202201/06/202328/07/2023FrenchPDF
Micro model31/12/202101/06/202228/07/2022FrenchPDF
Micro model31/12/202001/06/202130/07/2021FrenchPDF
Micro model31/12/201901/06/202001/09/2020FrenchPDF
Micro model31/12/201801/06/201907/08/2019FrenchPDF
Micro model31/12/201701/06/201830/08/2018FrenchPDF
Micro model31/12/201601/06/201731/08/2017FrenchPDF
Abridged model31/12/201501/06/201631/08/2016FrenchPDF
Abridged model31/12/201420/05/201516/06/2015FrenchPDF
Abridged model31/12/201302/06/201423/06/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 9 ended

Active mandates

René MATHOUL

Director

Active

Ended mandates

René MATHOUL

Director · since 15 mai 2018

Ended
Patrick De Maeyer

Manager · since 31 mars 2016

Ended
Carine HUPPERMANN

Manager · since 20 août 2013 · until 30 juin 2015

Ended
Erik DE WILDE

Manager · since 28 janvier 2013 · until 14 mars 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office26/08/2026
    Transfert du siège social
    PDF
  • Mandates22/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/08/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/04/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/08/2015
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2013
    SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/05/2013
    SIEGE SOCIAL
    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

Timeline

  1. 2025
    Annual accounts 20255,1 k €↓
  2. 2024
    Annual accounts 20246,4 k €↑
  3. 2023
    Annual accounts 20235 k €↑
  4. 2022
    Annual accounts 20224,9 k €↑
  5. 2021
    Annual accounts 20213,1 k €↑
  6. 2020
    Annual accounts 20201,6 k €↓
  7. 2019
    Annual accounts 201912,5 k €↑
  8. 2018
    Annual accounts 2018-12,4 k €↓
  9. 2017
    Annual accounts 2017-9,4 k €↓
  10. 2016
    Annual accounts 20161,1 k €↑
  11. 2015
    Annual accounts 2015-7,5 k €↓
  12. 2014
    Annual accounts 2014-2 k €↑
  13. 2013
    Annual accounts 2013-7,8 k €
  14. 28/01/2013
    IncorporationPrivate limited company