What does BLUE DEVELOPPEMENT PROPERTY do?

BLUE DEVELOPPEMENT PROPERTY is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 30 June 1992, 1 establishment.

What is the address of BLUE DEVELOPPEMENT PROPERTY?

The registered office of BLUE DEVELOPPEMENT PROPERTY is located at Nerviërslaan 67 box 20, 1040 Etterbeek.

Is BLUE DEVELOPPEMENT PROPERTY still active?

Yes. According to the CBE (29 October 2026) BLUE DEVELOPPEMENT PROPERTY is active, legal situation “Normale toestand”, started on 30 June 1992.

Is BLUE DEVELOPPEMENT PROPERTY registered on Peppol?

Yes, BLUE DEVELOPPEMENT PROPERTY is registered on the Peppol network with ID 0208:0447828016.

What is the enterprise number of BLUE DEVELOPPEMENT PROPERTY?

The enterprise number of BLUE DEVELOPPEMENT PROPERTY is BE0447828016.

When was BLUE DEVELOPPEMENT PROPERTY founded?

BLUE DEVELOPPEMENT PROPERTY was founded on 30 June 1992.

Who are the directors of BLUE DEVELOPPEMENT PROPERTY?

According to the 2025 annual accounts, the directors of BLUE DEVELOPPEMENT PROPERTY are: RAPHAEL HALBERTHAL.

Is BLUE DEVELOPPEMENT PROPERTY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 June 1992; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did BLUE DEVELOPPEMENT PROPERTY make in 2025?

BLUE DEVELOPPEMENT PROPERTY recorded a loss after taxes of € 68,659 in financial year 2025.

What is the revenue of BLUE DEVELOPPEMENT PROPERTY?

As a small company, BLUE DEVELOPPEMENT PROPERTY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -153,979.

How many employees does BLUE DEVELOPPEMENT PROPERTY have?

According to the 2025 annual accounts, BLUE DEVELOPPEMENT PROPERTY has 0.3 full-time equivalents (FTE).

BLUE DEVELOPPEMENT PROPERTY (Private Limited) - Etterbeek

Dossier BLUE DEVELOPPEMENT PROPERTY, printed on 29 October 2026 from databakkes.be/en/0447828016/blue-developpement-property. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

Financials

Financial year 2025

BLUE DEVELOPPEMENT PROPERTY from Etterbeek, company number BE0447828016, closed financial year 2025 with a result of € -68,659 after tax. For that financial year BLUE DEVELOPPEMENT PROPERTY recorded a gross margin of € -153,979 and equity of € 804,141. Compared with financial year 2024, the result moved from € -124,962 to € -68,659. 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 October 14, 2026.

What it is worth Healthy

€ 804,141

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -68,659

▲ 45 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,533

▼ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 622,141.

People and assets in 2025

Full-time equivalents

0.3

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 17,114

▼ 25% 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.

Vehicles and equipment

€ 2,558

▼ 54% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 29,260

▲ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 936

▼ 99% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -94,925 Gross margin 2022: € -94,925 First fiscal year in the series	€ 401,611 Gross margin 2023: € 401,611 ▲ € 496,536 vs 2022 (€ -94,925) Favourable step	€ -119,910 Gross margin 2024: € -119,910 ▼ € 521,520 vs 2023 (€ 401,611) Unfavourable step	€ -153,979 Gross margin 2025: € -153,979 ▼ € 34,069 vs 2024 (€ -119,910) Unfavourable step	▼ € 34,069
Profit after taxes	€ -117,550 Profit after taxes 2022: € -117,550 First fiscal year in the series	€ 301,644 Profit after taxes 2023: € 301,644 ▲ € 419,194 vs 2022 (€ -117,550) Favourable step	€ -124,962 Profit after taxes 2024: € -124,962 ▼ € 426,606 vs 2023 (€ 301,644) Unfavourable step	€ -68,659 Profit after taxes 2025: € -68,659 ▲ € 56,303 vs 2024 (€ -124,962) Favourable step	▲ € 56,303
Equity	€ 2,946,118 Equity 2022: € 2,946,118 First fiscal year in the series	€ 997,762 Equity 2023: € 997,762 ▼ 66% vs 2022 (€ 2,946,118) Unfavourable step	€ 872,800 Equity 2024: € 872,800 ▼ 13% vs 2023 (€ 997,762) Unfavourable step	€ 804,141 Equity 2025: € 804,141 ▼ 8% vs 2024 (€ 872,800) Unfavourable step	▼ 8%
Total debts	€ 51,337 Total debts 2022: € 51,337 First fiscal year in the series	€ 834,241 Total debts 2023: € 834,241 ▲ € 782,904 vs 2022 (€ 51,337) Unfavourable step	€ 554,144 Total debts 2024: € 554,144 ▼ 34% vs 2023 (€ 834,241) Favourable step	€ 229,022 Total debts 2025: € 229,022 ▼ 59% vs 2024 (€ 554,144) Favourable step	▼ 59%
Cash	€ 153,631 Cash 2022: € 153,631 First fiscal year in the series	€ 430,728 Cash 2023: € 430,728 ▲ 180% vs 2022 (€ 153,631) Favourable step	€ 13,377 Cash 2024: € 13,377 ▼ 97% vs 2023 (€ 430,728) Unfavourable step	€ 4,533 Cash 2025: € 4,533 ▼ 66% vs 2024 (€ 13,377) Unfavourable step	▼ 66%
Land & buildings	€ 102,247 Land & buildings 2022: € 102,247 First fiscal year in the series	€ 19,629 Land & buildings 2023: € 19,629 ▼ 81% vs 2022 (€ 102,247) Unchanged	€ 17,126 Land & buildings 2024: € 17,126 ▼ 13% vs 2023 (€ 19,629) Unchanged	€ 23,697 Land & buildings 2025: € 23,697 ▲ 38% vs 2024 (€ 17,126) Unchanged	▲ 38%
Retained profit	€ 514,118 Retained profit 2022: € 514,118 First fiscal year in the series	€ 815,762 Retained profit 2023: € 815,762 ▲ 59% vs 2022 (€ 514,118) Favourable step	€ 690,800 Retained profit 2024: € 690,800 ▼ 15% vs 2023 (€ 815,762) Unfavourable step	€ 622,141 Retained profit 2025: € 622,141 ▼ 10% vs 2024 (€ 690,800) Unfavourable step	▼ 10%
Balance sheet total	€ 2,997,455 Balance sheet total 2022: € 2,997,455 First fiscal year in the series	€ 1,832,003 Balance sheet total 2023: € 1,832,003 ▼ 39% vs 2022 (€ 2,997,455) Unchanged	€ 1,426,944 Balance sheet total 2024: € 1,426,944 ▼ 22% vs 2023 (€ 1,832,003) Unchanged	€ 1,033,163 Balance sheet total 2025: € 1,033,163 ▼ 28% vs 2024 (€ 1,426,944) Unchanged	▼ 28%
Employees (FTE)	0.5 Employees (FTE) 2022: 0.5 First fiscal year in the series	0.4 Employees (FTE) 2023: 0.4 ▼ 0.1 vs 2022 (0.5) Unchanged	0.4 Employees (FTE) 2024: 0.4 Unchanged (0.4) Unchanged	0.3 Employees (FTE) 2025: 0.3 ▼ 0.1 vs 2024 (0.4) Unchanged	▼ 0.1

Key figures of BLUE DEVELOPPEMENT PROPERTY, 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 BLUE DEVELOPPEMENT PROPERTY?

What happened at BLUE DEVELOPPEMENT PROPERTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 14, 2026 New annual accounts for financial year 2025: loss of € 68,659. filed late Source: NBB ↗
2020 RAPHAEL HALBERTHAL became a director. NBB
Aug 10, 1992 New establishment in Etterbeek. KBO
Jun 30, 1992 Start of the company according to the CBE. KBO

In short

From € 117,550 loss in 2022 to € 68,659 loss in 2025.

Paid € 83,300 in corporate taxes since 2022.

Best year ever: 2023, with € 301,644 profit.

Original PDFs at the National Bank ↗

Management

RAPHAEL HALBERTHAL

BLUE DEVELOPPEMENT PROPERTY

CRAZY COLORS 50%

Behind BLUE DEVELOPPEMENT PROPERTY is RAPHAEL HALBERTHAL. It owns 50% of CRAZY COLORS itself.

Directors

According to the 2025 annual accounts

RAPHAEL HALBERTHAL

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Nerviërslaan 67 box 20

1040 Etterbeek

2.058.406.514

Nerviërslaan 67

1040 Etterbeek

Active since 10 August 1992

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Association des copropriétaires de la Résidence Les Nerviens - Bloc B à Etterbeek , avenue des Nerviens 67

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0447.828.016

VAT number

BE 0447.828.016

Registered office

Nerviërslaan 67 bus 20, 1040 Etterbeek

Names & denominations

BLUE DEVELOPPEMENT PROPERTY

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 June 1992

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

BLUE DEVELOPPEMENT PROPERTY

Warning lights

Financials

What happened to BLUE DEVELOPPEMENT PROPERTY?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions