ACTIVE

BLUECRUX

Financial year 2025 · Closed on 31/12/2025

Net result5,9 M €-9,5 %over 1 year
Revenue34,9 M €+12,3 %over 1 year
Equity13,4 M €+79,8 %over 1 year
Workforce80,9 ETP+7,0 %over 1 year

Identity

Source · BCE/KBO

BLUECRUX is a Private limited company incorporated in 2011. Its registered office is in Aalst. It employs on average 80,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0840.373.851
Incorporation
14/10/2011
Legal form
Private limited company
Registered office
Korte Keppestraat 19 box 6
9320 Aalst · FlandreSee on map
Contributed capital
21 220,58 €
Latest accounts
31/12/2025
Average workforce
80,9 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 13 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue34,9 M €31,1 M €24,4 M €20,1 M €14,7 M €
EBITDA8,4 M €9 M €8,1 M €8,2 M €6 M €
Operating result8,4 M €8,9 M €8 M €8,1 M €6 M €
Net result5,9 M €6,5 M €6 M €6,3 M €4,3 M €
Balance sheet
Equity13,4 M €7,4 M €876,1 k €882,8 k €3,6 M €
Total assets28,4 M €17,9 M €14,2 M €15 M €12 M €
Cash253,2 k €9,6 k €20,3 k €16,4 k €8,8 k €
Debts12,1 M €9,3 M €12,3 M €12,3 M €7,3 M €
Other
Workforce80,9 ETP75,6 ETP70,8 ETP65,9 ETP64,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 24 ended

Active mandates

GREEN HEIM

Director · since 27 juin 2019 · 0842.109.359

Represented by Anneleen Tronquo

Active
JAGO

Director · since 27 juin 2019 · 0838.604.689

Represented by Koen Jaspers

Active

Ended mandates

Down2Earth Partners

Director · since 15 juin 2020 · 0535.891.841

Represented by Alain Keppens

Ended
Down2Earth Partners

Director · since 15 juin 2020 · 0535.891.841

Represented by Alain KEPPENS

Ended
Down2Earth Capital II

Director · since 27 juin 2019 · until 15 juin 2020 · 0695.614.417

Represented by Alain Keppens

Ended
Down2Earth Capital II

Director · since 27 juin 2019 · 0695.614.417

Represented by Alain KEPPENS

Ended

Other companies at this address

Korte Keppestraat 19 9320 Aalst
CompanyCBE no.
BLUECRUX GROUP● Active
0788.632.071
0728.841.469
Capital-X● Active
0736.590.977
CARACTERE● Active
0474.874.188
0824.506.136
0882.428.103
Zipaj Works● Active
1021.961.316

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date04/06/202625/07/202527/06/202411/07/202329/06/202218/06/2021
General meeting01/06/202625/07/202521/06/202423/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202604/06/2026DutchPDF
Full model31/12/202425/07/202525/07/2025DutchPDF
Full model31/12/202321/06/202427/06/2024DutchPDF
Full model31/12/202223/06/202311/07/2023DutchPDF
Full model31/12/202107/06/202229/06/2022DutchPDF
Full model31/12/202007/06/202118/06/2021DutchPDF
Full model31/12/201930/06/202001/07/2020DutchPDF
Abridged model31/12/201801/04/201905/06/2019DutchPDF
Abridged model31/12/201702/04/201830/07/2018DutchPDF
Abridged model31/12/201603/04/201731/07/2017DutchPDF
Abridged model31/12/201525/05/201626/05/2016DutchPDF
Abridged model31/12/201427/05/201528/08/2015DutchPDF
Abridged model31/03/201304/09/201331/10/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

2 active · 24 ended

Active mandates

GREEN HEIM

Director · since 27 juin 2019 · 0842.109.359

Represented by Anneleen Tronquo

Active
JAGO

Director · since 27 juin 2019 · 0838.604.689

Represented by Koen Jaspers

Active

Ended mandates

Down2Earth Partners

Director · since 15 juin 2020 · 0535.891.841

Represented by Alain Keppens

Ended
Down2Earth Partners

Director · since 15 juin 2020 · 0535.891.841

Represented by Alain KEPPENS

Ended
Down2Earth Capital II

Director · since 27 juin 2019 · until 15 juin 2020 · 0695.614.417

Represented by Alain Keppens

Ended
Down2Earth Capital II

Director · since 27 juin 2019 · 0695.614.417

Represented by Alain KEPPENS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other26/11/2025
    DIVERSEN
    PDF
  • Other08/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/01/2023
    DIVERSEN
    PDF
  • Registered office28/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/01/2020
    KAPITAAL - AANDELEN
    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 20255,9 M €↓
  2. 2024
    Annual accounts 20246,5 M €↑
  3. 2023
    Annual accounts 20236 M €↓
  4. 2022
    Annual accounts 20226,3 M €↑
  5. 2021
    Annual accounts 20214,3 M €↑
  6. 2020
    Annual accounts 20202,9 M €↑
  7. 2018
    Annual accounts 20181,2 M €↓
  8. 2017
    Annual accounts 20171,5 M €↑
  9. 2016
    Annual accounts 2016873,3 k €↑
  10. 2015
    Annual accounts 201514,1 k €↓
  11. 2014
    Annual accounts 201415,6 k €↓
  12. 2013
    Annual accounts 2013176,2 k €
  13. 14/10/2011
    IncorporationPrivate limited company