Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BLUE CURSEUR EUROPE from Elsene, company number BE0674738631, closed financial year 2025 with a result of € -124,612 after tax. For that financial year BLUE CURSEUR EUROPE recorded a gross margin of € 164,077 and equity of € -42,740. Compared with financial year 2024, the result moved from € -2,876 to € -124,612. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -42,740
▼ € 124,612 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -124,612
▼ 4233 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,844
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -106,293.
People and assets in 2025
€ 10,351
▲ 168% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,730
▲ 117% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,411 | € 24,363 | € 136,173 | € 164,077 | ▲ 20% |
| Profit after taxes | € -22,682 | € 4,309 | € -2,876 | € -124,612 | ▼ € 121,736 |
| Equity | € 23,086 | € 27,395 | € 81,872 | € -42,740 | ▼ € 124,612 |
| Total debts | € 422,166 | € 392,562 | € 1,879,996 | € 1,805,395 | ▼ 4% |
| Cash | € 19,795 | € 3,560 | € 6,773 | € 7,844 | ▲ 16% |
| Retained profit | € 16,886 | € 21,195 | € 18,319 | € -106,293 | ▼ € 124,612 |
| Balance sheet total | € 445,252 | € 419,958 | € 1,961,868 | € 1,762,655 | ▼ 10% |
Key figures of BLUE CURSEUR EUROPE, 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 CURSEUR EUROPE?
What happened at BLUE CURSEUR EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 124,612. filed late Source: NBB ↗
- New establishment in Vorst. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,682 loss in 2022 to € 124,612 loss in 2025.
Paid € 5,159 in corporate taxes since 2022.
Best year ever: 2023, with € 4,309 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 BLUE CURSEUR EUROPE are Saïd El Bakkali and Sanaâ Lamkadem. It owns 20% of Red Curseur Solutions itself.
Directors
According to the 2025 annual accounts
Saïd El Bakkali
Director
Sanaâ Lamkadem
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 209a box 7
1050 Elsene
Louizalaan 209 box a
1050 Elsene
Active since 8 May 2017
Ulysselaan 25
1190 Vorst
Active since 1 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Union francophone des ingénieurs industriels de Belgique
S.L.R. EXPRESS
€ -2,181 gross margin · 2025
360 Top Football Training, ASBL
S & L GROUP
€ 180,015 gross margin · 2024
european cooperation centre
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
INFOMANIAK-AS, CH
Domain
Domain
bluecurseur.com
Registered
2019-05-12
Registrar
Infomaniak Network SA
Expires
2026-05-12
Website info
Features
Security
Network
Details
- Company number
- 0674.738.631
- VAT number
- BE 0674.738.631
- Registered office
- Louizalaan 209a bus 7, 1050 Elsene
- Names & denominations
- BLUE CURSEUR EUROPE · BLUE CURSEUR - BLUE CURSEUR EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2017
- Peppol
- Active · Active since 11 Nov 2025
- Contact
- bluecurseur.com [email protected]
- Activities · NACE
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