Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 86.2 to 67.9.
Financials
Financial year 2025
MAISONS BLAVIER from Saint-Georges-sur-Meuse, company number BE0454187058, closed financial year 2025 with a result of € 2 million after tax. For that financial year MAISONS BLAVIER recorded revenue of € 48.1 million and equity of € 12.6 million. Compared with financial year 2024, the result moved from € 1.5 million to € 2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 12.6 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9.3 million.
People and assets in 2025
67.9
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.4 million
▼ 10% vs 2024
€ 79,400 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.
€ 350,624
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.9 million
▼ 3% vs 2024
€ 227,827 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5.9 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 2.2 million
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 58,263,535 | € 67,457,139 | € 55,043,626 | € 48,096,659 | ▼ 13% |
| Profit after taxes | € 227,168 | € 1,616,632 | € 1,516,214 | € 1,989,598 | ▲ 31% |
| Equity | € 7,352,858 | € 10,224,718 | € 10,646,496 | € 12,636,094 | ▲ 19% |
| Total debts | € 30,772,933 | € 31,453,454 | € 32,695,488 | € 29,359,872 | ▼ 10% |
| Cash | € 866,859 | € 1,157,110 | € 3,961,391 | € 1,699,641 | ▼ 57% |
| Land & buildings | € 2,907,556 | € 3,846,195 | € 3,484,583 | € 2,948,950 | ▼ 15% |
| Retained profit | € 5,136,087 | € 6,760,724 | € 7,182,503 | € 9,263,425 | ▲ 29% |
| Dividend | € 0 | € 0 | € 1,094,435 | € 0 | ▼ 100% |
| Bank debt | € 9,978,013 | € 6,277,066 | € 11,266,819 | € 10,901,993 | ▼ 3% |
| Balance sheet total | € 38,281,033 | € 41,853,277 | € 43,585,774 | € 42,359,598 | ▼ 3% |
| Employees (FTE) | 91.3 | 86.2 | 72.3 | 67.9 | ▼ 4.4 |
Key figures of MAISONS BLAVIER, 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 MAISONS BLAVIER?
What happened at MAISONS BLAVIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphane SCHIFFLERS stepped down as director. NBB
- CASELIA SA stepped down as director. NBB
- Olivier DEBUSSERE stepped down as director. NBB
- Oliver DUVAL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▲ 31% vs 2024). Source: NBB ↗
- V.I.E. SRL stepped down as director. NBB
- Stéphane SCHIFFLERS became a director. NBB
- Oliver DUVAL became a director. NBB
In short
From € 227,168 profit in 2022 to € 2 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The shares are held by CASELIA SA (100%).
Directors
According to the 2025 annual accounts
Olivier DEBUSSERE
Director
since 2022 · until 2028
since 2025 · until 2031
Oliver DUVAL
Director
since 2025 · until 2028
since 2022 · until 2025
Managing director · represented by Louis AMORY
Also active at: IMMO LE CHAMPAY, CASELIA DEVELOPMENT
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Campagne du Moulin 7
4470 Saint-Georges-sur-Meuse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
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Website info
Features
Security
Network
Details
- Company number
- 0454.187.058
- VAT number
- BE 0454.187.058
- Registered office
- Rue Campagne du Moulin 7, 4470 Saint-Georges-sur-Meuse
- Names & denominations
- MAISONS BLAVIER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1994
- Peppol
- Active · Active since 28 Jan 2026
- Contact
- blavier.be
- Activities · NACE
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