Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Blue Projects from Mechelen, company number BE0676893318, closed financial year 2025 with a result of € 71,670 after tax. For that financial year Blue Projects recorded a gross margin of € 600,991 and equity of € 308,020. Compared with financial year 2024, the result moved from € 50,465 to € 71,670. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 308,020
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,670
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 142,592
▲ € 138,728 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 € 301,820.
People and assets in 2025
€ 459,490
▼ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,027
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 431,853
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 4.6 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,571
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 503,029 | € 644,705 | € 842,781 | € 600,991 | ▼ 29% |
| Profit after taxes | € 102,988 | € 2,429 | € 50,465 | € 71,670 | ▲ 42% |
| Equity | € 183,457 | € 185,886 | € 236,350 | € 308,020 | ▲ 30% |
| Total debts | € 4,921,929 | € 5,107,370 | € 4,872,129 | € 5,159,690 | ▲ 6% |
| Cash | € 3,646 | € 17,730 | € 3,864 | € 142,592 | ▲ € 138,728 |
| Retained profit | € 177,257 | € 179,686 | € 230,150 | € 301,820 | ▲ 31% |
| Bank debt | € 380,233 | € 397,488 | € 414,633 | € 431,853 | ▲ 4% |
| Balance sheet total | € 5,105,386 | € 5,293,256 | € 5,108,479 | € 5,467,711 | ▲ 7% |
Key figures of Blue Projects, 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 Projects?
What happened at Blue Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,670 (▲ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- UMUT DEMIRCAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 102,988 profit in 2022 to € 71,670 profit in 2025.
Paid € 120,361 in corporate taxes since 2022.
Best year ever: 2022, with € 102,988 profit.
Management
Behind Blue Projects is UMUT DEMIRCAN.
Directors
According to the 2025 annual accounts
UMUT DEMIRCAN
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Schaliënhoevedreef 20 box A
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
All companies at this address →COCHLEAR BENELUX
€ 14.3 million revenue · 2025
PLANON
€ 10.4 million revenue · 2025
DRIVE SYSTEMS
€ 6.6 million gross margin · 2025
BOREALIS FINANCIAL SERVICES
€ 1.4 million revenue · 2025
CBR Fashion Belgium
€ 2.7 million gross margin · 2025
+55 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
EFECTRO-AS, RO
Domain
Domain
blueprojects.com
Registered
2010-01-12
Registrar
Key-Systems GmbH
Expires
2027-01-12
Website info
Features
Security
Network
Details
- Company number
- 0676.893.318
- VAT number
- BE 0676.893.318
- Registered office
- Schaliënhoevedreef 20 bus A, 2800 Mechelen
- Names & denominations
- Blue Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2017
- Peppol
- Active · Active since 14 Jan 2026
- Contact
- blueprojects.com
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering