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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLIXEN DEVELOPMENT from Walhain, company number BE0451446116, closed financial year 2025 with a result of € -4,637 after tax. For that financial year BLIXEN DEVELOPMENT recorded a gross margin of € 23,231 and equity of € 142,716. Compared with financial year 2024, the result moved from € -1,580 to € -4,637. 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 23, 2025.
€ 142,716
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,637
▼ 193 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 80,742.
People and assets in 2025
€ 2,380
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,814
▼ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 1,511
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 771
▼ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,134 | € 20,877 | € 21,682 | € 23,231 | ▲ 7% |
| Profit after taxes | € 13,439 | € -3,102 | € -1,580 | € -4,637 | ▼ € 3,056 |
| Equity | € 152,035 | € 148,933 | € 147,352 | € 142,716 | ▼ 3% |
| Total debts | € 135,136 | € 133,102 | € 119,437 | € 140,978 | ▲ 18% |
| Land & buildings | € 144,625 | € 135,966 | € 127,307 | € 118,648 | ▼ 7% |
| Retained profit | € 90,062 | € 86,959 | € 85,379 | € 80,742 | ▼ 5% |
| Bank debt | € 58,790 | € 50,012 | € 42,429 | € 18,814 | ▼ 56% |
| Balance sheet total | € 287,171 | € 282,035 | € 266,789 | € 283,694 | ▲ 6% |
Key figures of BLIXEN DEVELOPMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BLIXEN DEVELOPMENT?
What happened at BLIXEN DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,637. Source: NBB ↗
- Perrine Wauthier became a director. NBB
- Michel WAUTHIER became a director. NBB
- Wauthier CTP SA became a director. NBB
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,439 profit in 2022 to € 4,637 loss in 2025.
Paid € 1,300 in corporate taxes since 2022.
Best year ever: 2022, with € 13,439 profit.
Management
Behind BLIXEN DEVELOPMENT are Perrine Wauthier, Michel WAUTHIER and Wauthier CTP SA.
Directors
According to the 2025 annual accounts
Perrine Wauthier
Director
since 2018
Michel WAUTHIER
Managing director
since 2018
Managing director · represented by Michel WAUTHIER
since 2018
Establishments
Establishment units
Physical locations of this company
Champ du Petit Pré(WSP) 38
1457 Walhain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0451.446.116
- VAT number
- BE 0451.446.116
- Registered office
- Champ du Petit Pré(WSP) 38, 1457 Walhain
- Names & denominations
- BLIXEN DEVELOPMENT · BLIXEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1993
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen