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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
appelblauwzeegroen from Gent, company number BE0505836291, closed financial year 2025 with a result of € -1,172 after tax. For that financial year appelblauwzeegroen recorded a gross margin of € 2,555 and equity of € 27,989. Compared with financial year 2024, the result moved from € 12,937 to € -1,172. The company made a loss. The buffer shrank hard: equity is 70 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 27,989
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,172
▼ still € 12,937 profit in 2024
Profit after tax over the fiscal year.
€ 7,396
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,389.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,254
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 1,545
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,799
▼ 48% 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 | € 54,692 | € 20,560 | € 21,231 | € 2,555 | ▼ 88% |
| Profit after taxes | € 38,473 | € 10,740 | € 12,937 | € -1,172 | ▼ € 14,109 |
| Equity | € 62,733 | € 73,473 | € 92,610 | € 27,989 | ▼ 70% |
| Total debts | € 50,310 | € 25,331 | € 12,062 | € 74,233 | ▲ € 62,171 |
| Cash | € 23,582 | € 24,018 | € 43,938 | € 7,396 | ▼ 83% |
| Land & buildings | € 177 | € 142 | € 106 | € 71 | ▼ 33% |
| Retained profit | € 50,333 | € 61,073 | € 74,010 | € 9,389 | ▼ 87% |
| Dividend | € 28,750 | € 0 | € 0 | € 63,449 | |
| Bank debt | € 263 | € 91 | € 62 | € 66 | ▲ 6% |
| Balance sheet total | € 113,043 | € 98,804 | € 104,672 | € 102,222 | ▼ 2% |
Key figures of appelblauwzeegroen, 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 appelblauwzeegroen?
What happened at appelblauwzeegroen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,172 (▼ € 14,109 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,473 profit in 2022 to € 1,172 loss in 2025.
Paid € 19,112 in corporate taxes since 2022.
Best year ever: 2022, with € 38,473 profit.
Paid out € 92,199 in dividends to the owners in total.
Management
Behind appelblauwzeegroen is Steven De Vreese.
Directors
According to the 2025 annual accounts
Steven De Vreese
Director
Establishments
Establishment units
Physical locations of this company
Steenaardestraat 32
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.836.291
- VAT number
- BE 0505.836.291
- Registered office
- Steenaardestraat 32, 9051 Gent
- Names & denominations
- appelblauwzeegroen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2014
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
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