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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
BlueAlp Oostende from Oostende, company number BE0629721426, closed financial year 2025 with a result of € -20.2 million after tax. For that financial year BlueAlp Oostende recorded revenue of € 741,268 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -49.6 million to € -20.2 million. The company made a loss. 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 October 20, 2026.
€ 1.4 million
▲ € 24 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20.2 million
▲ 59 % less loss than in 2024
Profit after tax over the fiscal year.
€ 23,659
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -130.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 191,964
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,079,550 | € 907,286 | € 741,268 | ▼ 18% |
| Gross margin | € -640,476 | - | - | - | |
| Profit after taxes | € -1,095,914 | € -62,437,817 | € -49,627,330 | € -20,220,823 | ▲ € 29.4 million |
| Equity | € 68,520,445 | € 11,082,628 | € -22,544,701 | € 1,430,296 | ▲ € 24 million |
| Total debts | € 532,454 | € 19,730,372 | € 33,665,274 | € 191,979 | ▼ 99% |
| Cash | € 1,264,853 | € 956,268 | € 426,229 | € 23,659 | ▼ 94% |
| Retained profit | € 1,886,992 | € -60,550,825 | € -110,178,155 | € -130,398,978 | ▼ € 20.2 million |
| Balance sheet total | € 69,052,899 | € 30,813,000 | € 11,120,572 | € 1,622,275 | ▼ 85% |
| Employees (FTE) | 3.2 | 1.2 | - | - |
Key figures of BlueAlp Oostende, 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 BlueAlp Oostende?
What happened at BlueAlp Oostende in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valentijn de Neve stepped down as director. NBB
- Albert Boogert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20.2 million. filed late Source: NBB ↗
- Christopher McArdle stepped down as director. NBB
- Klaartje Vermeulen stepped down as director. NBB
- Valentijn de Neve became a director. NBB
- Albert Boogert became a director. NBB
- Rodrigo Rondon Köster Jardim stepped down as director. NBB
In short
From € 1.1 million loss in 2022 to € 20.2 million loss in 2025.
Paid € 449 in corporate taxes since 2022.
Pays suppliers within 88 days on average.
Management
The shares are held by Borealis Circular Solutions Holding GmbH (99.8%), Bollie & Billie (0.2%) and Cogetrina Logistics NV (0%). It owns 100% of BlueAlp Oostende Holding NV, 25% of Petrogas International BV and 21.3% of BlueAlp Holding BV itself.
Directors
According to the 2025 annual accounts
Christopher McArdle
Director
Also active at: RenaSci Oostende Holding, RenaSci Oostende Recycling, RenaSci Oostende Smart Chain Processing
since 2023 · until 2026
Klaartje Vermeulen
Chairman of the board
Also active at: RenaSci Oostende Holding, RenaSci Oostende Recycling, RenaSci Oostende Smart Chain Processing
since 2025 · until 2026
Valentijn de Neve
Director
Also active at: RenaSci Oostende Holding, RenaSci Oostende Recycling, RenaSci Oostende Smart Chain Processing
since 2026 · until 2032
Albert Boogert
Director
Also active at: RenaSci Oostende Holding, RenaSci Oostende Recycling, RenaSci Oostende Smart Chain Processing
since 2026 · until 2032
Rodrigo Rondon Köster Jardim
Director
Also active at: RenaSci Oostende Recycling, RenaSci Oostende Smart Chain Processing
since 2024 · until 2026
Erik VAN PRAET
Chairman of the board
since 2023 · until 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Marie Curielaan 10
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0629.721.426
- VAT number
- BE 0629.721.426
- Registered office
- Marie Curielaan 10, 8400 Oostende
- Names & denominations
- BlueAlp Oostende
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2015
- Peppol
- Active · Active since 20 Apr 2026
- Contact
- renasci.be
- Activities · NACE
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