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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLUE MIND from Gent, company number BE0476185668, closed financial year 2025 with a result of € -82,059 after tax. For that financial year BLUE MIND recorded a gross margin of € 19,069 and equity of € 209,532. Compared with financial year 2024, the result moved from € 33,791 to € -82,059. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 209,532
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -82,059
▼ still € 33,791 profit in 2024
Profit after tax over the fiscal year.
€ 15,446
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 190,532.
People and assets in 2025
€ 1,747
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 857,997
▼ 10% vs 2024
€ 101,104 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 326
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,064
▼ 18% 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 | € 238,421 | € 118,983 | € 143,655 | € 19,069 | ▼ 87% |
| Profit after taxes | € 169,435 | € -12,236 | € 33,791 | € -82,059 | ▼ € 115,849 |
| Equity | € 270,868 | € 258,632 | € 291,590 | € 209,532 | ▼ 28% |
| Total debts | € 965,962 | € 1,151,803 | € 1,126,814 | € 1,076,583 | ▼ 4% |
| Cash | € 56,196 | € 13,288 | € 18,368 | € 15,446 | ▼ 16% |
| Land & buildings | € 589,078 | € 959,588 | € 930,526 | € 906,451 | ▼ 3% |
| Retained profit | € 251,868 | € 239,632 | € 272,590 | € 190,532 | ▼ 30% |
| Dividend | € 800 | € 0 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 858,642 | € 1,056,727 | € 957,944 | € 857,997 | ▼ 10% |
| Balance sheet total | € 1,236,830 | € 1,410,435 | € 1,418,404 | € 1,286,115 | ▼ 9% |
Key figures of BLUE MIND, 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 MIND?
What happened at BLUE MIND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 82,059 (▼ € 115,849 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Pascal Synaeve became a director. NBB
In short
From € 169,435 profit in 2022 to € 82,059 loss in 2025.
Paid € 38,849 in corporate taxes since 2022.
Best year ever: 2022, with € 169,435 profit.
Paid out € 1,633 in dividends to the owners in total.
Management
Behind BLUE MIND is Pascal Synaeve.
Directors
According to the 2025 annual accounts
Pascal Synaeve
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Hofakkerstraat 37
9052 Gent
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.185.668
- VAT number
- BE 0476.185.668
- Registered office
- Hofakkerstraat 37, 9052 Gent
- Names & denominations
- BLUE MIND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2001
- Peppol
- Active · Active since 9 Dec 2025
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