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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Blues Squares Belgium from Mons, company number BE0461921126, closed financial year 2025 with a result of € 1,978 after tax. For that financial year Blues Squares Belgium recorded a gross margin of € 4,786 and equity of € 75,799. Compared with financial year 2024, the result moved from € -160,024 to € 1,978. 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 July 2, 2026.
€ 75,799
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,978
▲ still € 160,024 loss in 2024
Profit after tax over the fiscal year.
€ 108,943
▼ 12% 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 € -196,884.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 189
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,670
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,618
▲ 85% 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 | € 75,609 | € 19,233 | € 3,143 | € 4,786 | ▲ 52% |
| Profit after taxes | € 48,269 | € -138,413 | € -160,024 | € 1,978 | ▲ € 162,002 |
| Equity | € 372,258 | € 233,845 | € 73,821 | € 75,799 | ▲ 3% |
| Total debts | € 281,491 | € 237,226 | € 219,069 | € 198,282 | ▼ 9% |
| Cash | € 173,498 | € 135,730 | € 123,143 | € 108,943 | ▼ 12% |
| Retained profit | € 99,575 | € -38,838 | € -198,862 | € -196,884 | ▲ € 1,978 |
| Balance sheet total | € 653,749 | € 471,071 | € 292,890 | € 274,081 | ▼ 6% |
Key figures of Blues Squares Belgium, 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 Blues Squares Belgium?
What happened at Blues Squares Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,978. Source: NBB ↗
- NICOLETTA SALDARELLI became a director. NBB
- New establishment in Ath. KBO
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,269 profit in 2022 to € 1,978 profit in 2025.
Paid € 25,015 in corporate taxes since 2022.
Best year ever: 2022, with € 48,269 profit.
Management
Behind Blues Squares Belgium is NICOLETTA SALDARELLI. NICOLETTA SALDARELLI is also behind BUREAU D'EXPERTISES FENIDAM.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Neuve 6 box 5
7000 Mons
Route de Flobecq(Ost) 344
7804 Ath
Active since 10 February 2018
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
- 0461.921.126
- VAT number
- BE 0461.921.126
- Registered office
- Rue Neuve 6 bus 5, 7000 Mons
- Names & denominations
- Blues Squares Belgium · BS Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1997
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
Detailhandel in tabaksproducten
Andere drinkgelegenheden
Overige recreatie- en ontspanningsactiviteiten, neg
Groothandel in tabaksproducten
Groothandel in dranken, algemeen assortiment
Organisatie van congressen en beurzen
Detailhandel in wijnen en geestrijke dranken