ACTIVE

BLUE VISION

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Financial year 2025 · closed on 31/12/2025

Net result

286,1 k €

-57.5% YoY

Gross margin

256,1 k €

-73.4% YoY

Equity

3,3 M €

+3.2% YoY

What does BLUE VISION do?

BLUE VISION is a Private limited company incorporated in 2010. Its registered office is in Walhain.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0825.642.917

Incorporation

05/05/2010

Legal form

Private limited company

Registered office

Cours Gilles de Lérinnes(TSL) 6
1457 Walhain · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	256,1 k €	-73.4%	961,1 k €	+86.6%	515,1 k €	+6.3%	484,7 k €	-0.8%	488,6 k €	+10.3%	442,9 k €	+29.2%	342,8 k €	-22.9%	444,6 k €	+95.9%	226,9 k €	-30.9%	328,2 k €	+41.1%	232,7 k €	-7.9%	252,7 k €	+2.7%	246,1 k €	-4.3%	257,3 k €	-16.1%	306,7 k €
EBITDA	251,1 k €	-73.7%	955 k €	+87.4%	509,7 k €	+5.7%	482,3 k €	+2.1%	472,6 k €	+7.1%	441,1 k €	+29.3%	341 k €	-22.6%	440,4 k €	+95.7%	225 k €	-30.8%	325,3 k €	+42.3%	228,6 k €	-9.2%	251,9 k €	+2.7%	245,3 k €	-4.1%	255,7 k €	-15.8%	303,7 k €
Operating result	211,8 k €	-77.1%	926,3 k €	+100%	462,9 k €	+2.4%	451,9 k €	-2.0%	460,9 k €	+5.8%	435,5 k €	+29.0%	337,6 k €	-22.8%	437,1 k €	+105%	213,5 k €	-31.9%	313,8 k €	+39.9%	224,3 k €	-8.5%	245 k €	+2.1%	239,9 k €	-5.4%	253,5 k €	-15.6%	300,6 k €
Net result	286,1 k €	-57.5%	673 k €	+123%	301,5 k €	+11.4%	270,8 k €	-26.2%	366,7 k €	+20.0%	305,6 k €	+26.0%	242,6 k €	+5.5%	230 k €	+54.1%	149,3 k €	-32.5%	221,2 k €	+64.6%	134,4 k €	+32.8%	101,3 k €	-25.0%	135 k €	-10.1%	150,2 k €	-50.1%	300,7 k €
Balance sheet
Equity	3,3 M €	+3.2%	3,2 M €	+18.9%	2,7 M €	+12.4%	2,4 M €	+12.6%	2,2 M €	+20.5%	1,8 M €	+20.5%	1,5 M €	+2.9%	1,4 M €	+21.2%	1,2 M €	+14.3%	1 M €	+27.0%	819,4 k €	+19.6%	685 k €	+17.3%	583,8 k €	+27.7%	457,1 k €	+48.9%	306,9 k €
Total assets	3,7 M €	+1.1%	3,7 M €	+31.4%	2,8 M €	+11.8%	2,5 M €	+10.1%	2,3 M €	+9.1%	2,1 M €	+17.2%	1,8 M €	+18.3%	1,5 M €	+23.2%	1,2 M €	+11.6%	1,1 M €	+25.8%	862,5 k €	+19.0%	724,6 k €	+12.0%	647,1 k €	+38.7%	466,7 k €	+36.7%	341,3 k €
Cash	234,8 k €	-62.5%	625,7 k €	+1080%	53 k €	-77.8%	238,6 k €	-37.6%	382,4 k €	-73.3%	1,4 M €	+16.6%	1,2 M €	+15.2%	1,1 M €	+73.7%	613,9 k €	-33.0%	916,8 k €	+78.7%	513 k €	+51.5%	338,5 k €	-18.3%	414,2 k €	+54.2%	268,6 k €	-2.5%	275,5 k €
Debts	91,6 k €	-21.1%	116,2 k €	+118%	53,2 k €	-14.0%	61,9 k €	-40.6%	104,1 k €	-63.0%	281,5 k €	-0.1%	281,8 k €	+461%	50,2 k €	+140%	20,9 k €	-53.2%	44,6 k €	+4.0%	42,9 k €	+8.4%	39,6 k €	-37.5%	63,4 k €	+620%	8,8 k €	-74.3%	34,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Nicolas MARCHAND

Manager · since 04 mai 2010

Active

Ended mandates

NICOLAS MARCHAND

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	28/07/2026	14/07/2025	28/08/2024	31/08/2023	26/09/2022	31/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	08/09/2022	07/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	28/07/2026	French	PDF
Micro model	31/12/2024	02/06/2025	14/07/2025	French	PDF
Micro model	31/12/2023	03/06/2024	28/08/2024	French	PDF
Micro model	31/12/2022	05/06/2023	31/08/2023	French	PDF
Micro modelCorrection	31/12/2021	08/09/2022	26/09/2022	French	PDF
Micro model	31/12/2021	06/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	07/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	01/06/2020	29/08/2020	French	PDF
Abridged modelCorrection	31/12/2018	03/06/2019	09/10/2019	French	PDF
Abridged model	31/12/2018	03/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	17/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	02/07/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	20/07/2012	French	PDF

Estimate

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.

Governance

Board of directors

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

Active mandates

Nicolas MARCHAND

Manager · since 04 mai 2010

Active

Ended mandates

NICOLAS MARCHAND

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares29/01/2014
CAPITAL, ACTIONS
PDF
Other07/05/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025286,1 k €↓
2024
Annual accounts 2024673 k €↑
2023
Annual accounts 2023301,5 k €↑
2022
Annual accounts 2022270,8 k €↓
2021
Annual accounts 2021366,7 k €↑
2020
Annual accounts 2020305,6 k €↑
2019
Annual accounts 2019242,6 k €↑
2018
Annual accounts 2018230 k €↑
2017
Annual accounts 2017149,3 k €↓
2016
Annual accounts 2016221,2 k €↑
2015
Annual accounts 2015134,4 k €↑
2014
Annual accounts 2014101,3 k €↓
2013
Annual accounts 2013135 k €↓
2012
Annual accounts 2012150,2 k €↓
2011
Annual accounts 2011300,7 k €
05/05/2010
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 VISION

Overview

What does BLUE VISION do?

Trend over 15 financial years

Indicative valuation

Board of directors

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