ACTIVE

Blust Innovation Group

Financial year 2025 · Closed on 31/12/2025

Net result-41,6 k €-200,2 %over 1 year
Gross margin-15,3 k €-115,3 %over 1 year
Equity121,3 k €+175,7 %over 1 year

Identity

Source · BCE/KBO

Blust Innovation Group is a Private limited company incorporated in 2021. Its registered office is in Blankenberge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0770.679.252
Incorporation
02/07/2021
Legal form
Private limited company
Registered office
Zeedijk 29 box 5
8370 Blankenberge · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520232022
Income statement
Gross margin-15,3 k €100 k €51 k €
EBITDA-36 k €88,2 k €-155,4 k €
Operating result-41,4 k €41,6 k €-221,7 k €
Net result-41,6 k €41,5 k €-221,8 k €
Balance sheet
Equity121,3 k €-160,3 k €-201,8 k €
Total assets616,2 k €2,4 M €2,3 M €
Cash23,3 k €23,6 k €7 k €
Debts494,8 k €2,5 M €2,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Kathleen Vercauteren

Director · since 02 juillet 2021

Active
Ronny Blust

Director · since 02 juillet 2021

Active

Ended mandates

Kathleen Vercauteren

Associate

Ended
Ronny Blust

Director

Ended

Other companies at this address

Zeedijk 29 8370 Blankenberge
CompanyCBE no.
De Kraal● Active
0771.305.693

Full financial information

Source · NBB
202520232022
Type of accountMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202301/07/2021
Closing of the financial year31/12/202531/12/202331/12/2022
Length of the financial year12 months12 months18 months
Filing date31/08/202627/09/202405/10/2023
General meeting30/06/202621/06/202410/09/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/08/2026DutchPDF
Abridged model31/12/202321/06/202427/09/2024DutchPDF
Abridged model31/12/202210/09/202305/10/2023DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Kathleen Vercauteren

Director · since 02 juillet 2021

Active
Ronny Blust

Director · since 02 juillet 2021

Active

Ended mandates

Kathleen Vercauteren

Associate

Ended
Ronny Blust

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office09/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/07/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025-41,6 k €↓
  2. 2023
    Annual accounts 202341,5 k €↑
  3. 2022
    Annual accounts 2022-221,8 k €
  4. 02/07/2021
    IncorporationPrivate limited company