Financials
Financial year 2025
BLUETOWN from Waregem, company number BE0508799048, closed financial year 2025 with a result of € 16,107 after tax. For that financial year BLUETOWN recorded a gross margin of € 26,047 and equity of € 20,255. Compared with financial year 2024, the result moved from € -37,195 to € 16,107. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 20,255
▲ € 16,107 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,107
▲ still € 37,195 loss in 2024
Profit after tax over the fiscal year.
€ 5,195
▼ 56% 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 € 7,855.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,898
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,607
▼ 32% vs 2024
€ 6,198 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 280
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,005
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,867 | € -4,455 | € 6,366 | € 26,047 | ▲ € 19,681 |
| Profit after taxes | € 16,717 | € -18,682 | € -37,195 | € 16,107 | ▲ € 53,302 |
| Equity | € 60,025 | € 41,343 | € 4,148 | € 20,255 | ▲ € 16,107 |
| Total debts | € 62,680 | € 45,207 | € 56,202 | € 36,806 | ▼ 35% |
| Cash | € 27,308 | € 9,753 | € 11,829 | € 5,195 | ▼ 56% |
| Land & buildings | € 2,966 | € 2,373 | € 2,919 | € 2,197 | ▼ 25% |
| Retained profit | € 47,625 | € 28,943 | € -8,252 | € 7,855 | ▲ € 16,107 |
| Bank debt | € 30,000 | € 24,870 | € 18,670 | € 12,607 | ▼ 32% |
| Balance sheet total | € 127,955 | € 90,750 | € 63,500 | € 59,162 | ▼ 7% |
Key figures of BLUETOWN, 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 BLUETOWN?
What happened at BLUETOWN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,107. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,717 profit in 2022 to € 16,107 profit in 2025.
Best year ever: 2022, with € 16,717 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BLUETOWN is Arvid Waelkens. Arvid Waelkens is also behind THE ART FACTORY.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Korendreef 3
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.799.048
- VAT number
- BE 0508.799.048
- Registered office
- Korendreef 3, 8790 Waregem
- Names & denominations
- BLUETOWN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2012
- Peppol
- Active · Active since 24 Nov 2025
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