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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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
De Blauwe Cluster (Blue Cluster) from Oostende, company number BE0675740206, closed financial year 2025 with a result of € -54,601 after tax. For that financial year De Blauwe Cluster (Blue Cluster) recorded a gross margin of € 1.1 million and equity of € 853,239. Compared with financial year 2024, the result moved from € 110,119 to € -54,601. 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 June 25, 2026.
€ 853,239
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,601
▼ still € 110,119 profit in 2024
Profit after tax over the fiscal year.
€ 311,780
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
11.7
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 23% vs 2024
€ 94,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,093
▼ 46% 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.
€ 112,665
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 187,793
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,070,144 | € 1,264,574 | € 1,038,189 | € 1,080,624 | ▲ 4% |
| Profit after taxes | € -30,168 | € 63,727 | € 110,119 | € -54,601 | ▼ € 164,720 |
| Equity | € 733,994 | € 797,721 | € 907,840 | € 853,239 | ▼ 6% |
| Total debts | € 581,771 | € 480,236 | € 512,459 | € 541,063 | ▲ 6% |
| Cash | € 1,117,370 | € 1,103,999 | € 885,996 | € 311,780 | ▼ 65% |
| Retained profit | € 583,175 | € 646,902 | € 757,021 | € 702,420 | ▼ 7% |
| Balance sheet total | € 1,315,765 | € 1,277,957 | € 1,420,299 | € 1,394,302 | ▼ 2% |
| Employees (FTE) | 9.6 | 10.7 | 11 | 11.7 | ▲ 0.7 |
Key figures of De Blauwe Cluster (Blue Cluster), 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 De Blauwe Cluster (Blue Cluster)?
What happened at De Blauwe Cluster (Blue Cluster) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Gielen stepped down as director. NBB
- Tractebel Engineering nv stepped down as director. NBB
- NV Jan De Nul stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 54,601 (▼ € 164,720 vs 2024). Source: NBB ↗
- Multi Engineering stepped down as director. NBB
- NV Dredging Environmental & Marine Engineering stepped down as director. NBB
- 24Sea bv stepped down as director. NBB
- NV Havenbedrijf Antwerpen stepped down as director. NBB
In short
From € 30,168 loss in 2022 to € 54,601 loss in 2025.
Paid € 11,985 in corporate taxes since 2022.
Best year ever: 2024, with € 110,119 profit.
On average € 92,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Frank Gielen
Voorzitter van het bestuursorgaan
Also active at: THE BULL & THE BEAR, THE RAINTREE, SPINNOVATION
since 2025 · until 2028
NV Dredging Environmental & Marine Engineering
Director · represented by Dirk Defloor
Also active at: Ondernemers voor Ondernemers-Entrepreneurs pour Entrepreneurs-Entrepreneurs for Entrepreneurs
since 2018 · until 2026
Director · represented by Gert De Sitter
since 2023 · until 2026
since 2018 · until 2027
Director · represented by Niko Fierens
since 2023 · until 2026
Director · represented by Jan Fordeyn
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, VZW EMBUILD OOST-VLAANDEREN - Algemene Aannemers, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan +19 more
since 2018 · until 2027
Establishments
Establishment units
Physical locations of this company
Wetenschapspark 1
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →UXSOlutions
€ 144,259 gross margin · 2025
BOC - Belgian Offshore Cluster
Blue Power Synergy
€ 42,950 gross margin · 2025
OSTEND SCIENCE PARK
€ -66,882 gross margin · 2025
Medexon
€ 38,251 gross margin · 2025
+5 more
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0675.740.206
- VAT number
- BE 0675.740.206
- Registered office
- Wetenschapspark 1, 8400 Oostende
- Names & denominations
- De Blauwe Cluster (Blue Cluster) · DBC
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 16 May 2017
- Peppol
- Active · Active since 1 Apr 2025
- Contact
- blauwecluster.be
- Activities · NACE
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