Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLUESETTE from Gent, company number BE0446744683, closed financial year 2025 with a result of € -11,306 after tax. For that financial year BLUESETTE recorded a gross margin of € 69,276 and equity of € -71,742. Compared with financial year 2024, the result moved from € -20,496 to € -11,306. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ -71,742
▼ € 11,306 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,306
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,667
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,342.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 74,886
▲ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 31,600
Loans from banks and other lenders, long and short.
€ 8,340
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,861
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,228 | € 48,874 | € 54,846 | € 69,276 | ▲ 26% |
| Profit after taxes | € -37,603 | € -27,772 | € -20,496 | € -11,306 | ▲ € 9,190 |
| Equity | € -12,167 | € -39,939 | € -60,436 | € -71,742 | ▼ € 11,306 |
| Total debts | € 28,275 | € 46,335 | € 73,080 | € 80,774 | ▲ 11% |
| Cash | € 12,635 | € 2,301 | € 3,718 | € 3,667 | ▼ 1% |
| Retained profit | € -30,767 | € -58,539 | € -79,036 | € -90,342 | ▼ € 11,306 |
| Bank debt | € 0 | € 19,000 | € 31,600 | € 31,600 | |
| Balance sheet total | € 16,108 | € 6,396 | € 12,645 | € 9,032 | ▼ 29% |
Key figures of BLUESETTE, 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 BLUESETTE?
What happened at BLUESETTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,306. Source: NBB ↗
- New establishment in Gent. KBO
- Geert Hugo Ganne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 37,603 loss in 2022 to € 11,306 loss in 2025.
Management
Behind BLUESETTE is Geert Hugo Ganne.
Directors
According to the 2025 annual accounts
Geert Hugo Ganne
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Sint-Kwintensberg 85
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.744.683
- VAT number
- BE 0446.744.683
- Registered office
- Sint-Kwintensberg 85, 9000 Gent
- Names & denominations
- BLUESETTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1992
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Cafés en bars
Cafés
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