Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 23.4 to 20.4.
Financials
Financial year 2025
DE BLAUWE HOND from Antwerpen, company number BE0423871093, closed financial year 2025 with a result of € -212,432 after tax. For that financial year DE BLAUWE HOND recorded a gross margin of € 1.4 million and equity of € 2 million. Compared with financial year 2024, the result moved from € -322,213 to € -212,432. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 2 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -212,432
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 54,413
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
20.4
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 9% vs 2024
€ 69,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,740
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 429,285
▼ 16% vs 2024
€ 73,407 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.1 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 340,216
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,544,666 | € 1,553,770 | € 1,488,556 | € 1,416,730 | ▼ 5% |
| Profit after taxes | € 7,522 | € -142,493 | € -322,213 | € -212,432 | ▲ € 109,781 |
| Equity | € 2,672,516 | € 2,530,023 | € 2,207,810 | € 1,995,378 | ▼ 10% |
| Total debts | € 1,665,002 | € 2,057,059 | € 1,990,910 | € 2,087,652 | ▲ 5% |
| Cash | € 82,364 | € 96,200 | € 42,621 | € 54,413 | ▲ 28% |
| Retained profit | € 2,372,516 | € 2,230,023 | € 1,907,810 | € 1,695,378 | ▼ 11% |
| Bank debt | € 525,000 | € 584,951 | € 508,197 | € 429,285 | ▼ 16% |
| Balance sheet total | € 4,337,518 | € 4,587,082 | € 4,198,721 | € 4,083,030 | ▼ 3% |
| Employees (FTE) | 23.7 | 23.4 | 23.3 | 20.4 | ▼ 2.9 |
Key figures of DE BLAUWE HOND, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DE BLAUWE HOND?
What happened at DE BLAUWE HOND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 212,432. Source: NBB ↗
- Philip Van Riet became a director. NBB
- Rita Willems became a director. NBB
- Ooit Gedacht CommV became a director. NBB
- Alexander Van Riet became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,522 profit in 2022 to € 212,432 loss in 2025.
Paid € 2,536 in corporate taxes since 2022.
Best year ever: 2022, with € 7,522 profit.
On average € 69,400 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Alphi comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE BLAUWE HONDBehind DE BLAUWE HOND are Philip Van Riet, Alexander Van Riet, Rita Willems and Ooit Gedacht CommV. The shares are held by Alphi (100%).
Directors
According to the 2025 annual accounts
since 2023
Alexander Van Riet
Managing director
since 2023
since 2023
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boombekelaan 1
2660 Antwerpen
Scheldestraat 31-33
2000 Antwerpen
Active since 1 January 1983
Boombekelaan 2 box Unit 1&2
2660 Antwerpen
Active since 24 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.871.093
- VAT number
- BE 0423.871.093
- Registered office
- Boombekelaan 1, 2660 Antwerpen
- Names & denominations
- DE BLAUWE HOND · De Blauwe Hond
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2