Financials
Financial year 2025
BLUE BRAIN from Chaudfontaine, company number BE0525731684, closed financial year 2025 with a result of € -3.8 million after tax. For that financial year BLUE BRAIN recorded a gross margin of € 376,526 and equity of € 21.5 million. Compared with financial year 2024, the result moved from € 390,712 to € -3.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 21.5 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ still € 390,712 profit in 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 145% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 21.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,900
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,042
▼ 61% 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 | € 299,687 | € 329,660 | € 464,070 | € 376,526 | ▼ 19% |
| Profit after taxes | € 266,139 | € 342,429 | € 390,712 | € -3,818,066 | ▼ € 4.2 million |
| Equity | € 28,694,131 | € 28,436,560 | € 28,227,271 | € 21,534,205 | ▼ 24% |
| Total debts | € 841,639 | € 816,229 | € 791,245 | € 2,260,260 | ▲ 186% |
| Cash | € 1,397,713 | € 2,231,606 | € 1,083,810 | € 2,656,354 | ▲ 145% |
| Retained profit | € 28,594,131 | € 28,336,560 | € 28,127,271 | € 21,434,205 | ▼ 24% |
| Dividend | € 2,336,154 | € 600,000 | € 600,000 | € 2,875,000 | ▲ € 2.3 million |
| Balance sheet total | € 29,535,770 | € 29,252,789 | € 29,018,516 | € 23,794,465 | ▼ 18% |
Key figures of BLUE BRAIN, 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 BRAIN?
What happened at BLUE BRAIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.8 million (▼ € 4.2 million vs 2024). Source: NBB ↗
- Michaël Corhay became a director. NBB
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 266,139 profit in 2022 to € 3.8 million loss in 2025.
Paid € 486,984 in corporate taxes since 2022.
Best year ever: 2024, with € 390,712 profit.
Paid out € 6.4 million in dividends to the owners in total.
A new publication or filing at BLUE BRAIN? We notify you, reason included.
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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 BLUE BRAIN is Michaël Corhay. It owns 11.5% of Méga Group International itself.
Directors
According to the 2025 annual accounts
Michaël Corhay
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Joseph Deflandre 172
4053 Chaudfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.731.684
- VAT number
- BE 0525.731.684
- Registered office
- Rue Joseph Deflandre 172, 4053 Chaudfontaine
- Names & denominations
- BLUE BRAIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2013
- Peppol
- Active · Active since 3 Dec 2025
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