Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Blue Sage from Houthalen-Helchteren, company number BE0461429394, closed financial year 2026 with a result of € -39,398 after tax. For that financial year Blue Sage recorded a gross margin of € 7,701 and equity of € -27,492. Compared with financial year 2025, the result moved from € -35,383 to € -39,398. 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 October 30, 2026.
€ -27,492
▼ € 39,398 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,398
▼ 11 % more loss than in 2025
Profit after tax over the fiscal year.
€ 29,109
▲ 8% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,092.
People and assets in 2026
€ 16,788
▼ 41% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,615
▼ 11% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 52,409
▲ 147% vs 2025
€ 10,395 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 48,399
▲ 39% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,180
▲ 56% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 16,966 | € 30,512 | € 8,434 | € 7,701 | ▼ 9% |
| Profit after taxes | € 8,436 | € 5,202 | € -35,383 | € -39,398 | ▼ € 4,015 |
| Equity | € 42,087 | € 47,289 | € 11,906 | € -27,492 | ▼ € 39,398 |
| Total debts | € 66,485 | € 50,305 | € 91,742 | € 119,392 | ▲ 30% |
| Cash | € 20,060 | € 31,161 | € 26,854 | € 29,109 | ▲ 8% |
| Retained profit | € 23,487 | € 28,689 | € -6,694 | € -46,092 | ▼ € 39,398 |
| Bank debt | € 0 | € 38 | € 21,212 | € 52,409 | ▲ 147% |
| Balance sheet total | € 108,571 | € 97,593 | € 103,648 | € 91,900 | ▼ 11% |
Key figures of Blue Sage, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Blue Sage?
What happened at Blue Sage in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 39,398. Source: NBB ↗
- Dean Driesen became a director. NBB
- Laszlo Paulusz became a director. NBB
- Christel-Adelaide Audenaerd became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,436 profit in 2023 to € 39,398 loss in 2026.
Paid € 7,361 in corporate taxes since 2023.
Best year ever: 2023, with € 8,436 profit.
Management
Behind Blue Sage are Dean Driesen, Laszlo Paulusz and Christel-Adelaide Audenaerd.
Directors
According to the 2026 annual accounts
Dean Driesen
Director
since 2022
Laszlo Paulusz
Director
since 2022
Christel-Adelaide Audenaerd
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 20 box 2
3530 Houthalen-Helchteren
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
- 0461.429.394
- VAT number
- BE 0461.429.394
- Registered office
- Dorpsstraat 20 bus 2, 3530 Houthalen-Helchteren
- Names & denominations
- Blue Sage
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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