Bankrupt · Opening faillissement (CBE)

Blue October

BE0688515995

Rechtspersoon Private limited company 1 establishment

Blue October is an earthmoving contractor in Antwerpen. Private Limited, started on 16 January 2018, 1 establishment.

Vercammenstraat 34, 2140 Antwerpen

Behind the company: John DE DECKER, Kris DAEM.

Start date

16 January 2018

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Blue October from Antwerpen, company number BE0688515995, closed financial year 2023 with a result of € 70,942 after tax. For that financial year Blue October recorded a gross margin of € 255,816 and equity of € 231,721. Compared with financial year 2022, the result moved from € 28,407 to € 70,942. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2024.

What it is worth Healthy

€ 231,721

▼ 41% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 70,942

▲ 150% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 44,079

▲ € 42,921 vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 235,294 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2023

Vehicles and equipment

€ 2,693

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 6 years to go

€ 1.8 million

▲ 47% vs 2022

€ 286,534 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 253,183

▲ 169% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 54,736

▲ 98% vs 2022

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 91,223 € 64,817 € 255,816 ▲ 295%
Profit after taxes € 20,549 € 28,407 € 70,942 ▲ 150%
Equity € 367,667 € 396,073 € 231,721 ▼ 41%
Total debts € 1,639,563 € 1,379,106 € 2,348,265 ▲ 70%
Cash - € 1,157 € 44,079 ▲ € 42,921
Retained profit € 317,667 € 346,073 € 181,721 ▼ 47%
Dividend € 0 € 0 € 235,294
Bank debt € 1,514,039 € 1,227,101 € 1,805,051 ▲ 47%
Balance sheet total € 2,007,229 € 1,775,179 € 2,579,985 ▲ 45%

Key figures of Blue October, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Blue October?

What happened at Blue October in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Blue October is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: profit of € 70,942 (▲ 150% vs 2022). filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO
  • John DE DECKER became a director. NBB
  • Kris DAEM became a director. NBB

In short

From € 20,549 profit in 2021 to € 70,942 profit in 2023.

Paid € 44,573 in corporate taxes since 2021.

Best year ever: 2023, with € 70,942 profit.

Paid out € 235,294 in dividends to the owners in total.

Management

John DE DECKER Kris DAEM
Blue October

Behind Blue October are John DE DECKER and Kris DAEM. Kris DAEM is also behind NYVEX and DoknDine.

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Directors

According to the 2023 annual accounts

John DE DECKER

Director

since 2018

Kris DAEM

Director

Also active at: NYVEX, DoknDine

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Vercammenstraat 34

2140 Antwerpen

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.

Details

Company number
0688.515.995
VAT number
BE 0688.515.995
Registered office
Vercammenstraat 34, 2140 Antwerpen
Names & denominations
Blue October
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
16 January 2018
Peppol
Not registered
Activities · NACE

Bouwrijp maken van terreinen

Verhuur en exploitatie van sociale woningen

Frequently asked questions

What does Blue October do?
Blue October is an earthmoving contractor in Antwerpen. Private Limited, started on 16 January 2018, 1 establishment.
What is the address of Blue October?
The registered office of Blue October is located at Vercammenstraat 34, 2140 Antwerpen.
Is Blue October still active?
No. The CBE lists Blue October with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Blue October registered on Peppol?
No, Blue October is currently not registered on the Peppol network.
What is the enterprise number of Blue October?
The enterprise number of Blue October is BE0688515995.
When was Blue October founded?
Blue October was founded on 16 January 2018.