Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BLUE LINE STORAGE from Gent, company number BE0734703437, closed financial year 2025 with a result of € -515,346 after tax. For that financial year BLUE LINE STORAGE recorded a gross margin of € 4 million and equity of € 11.7 million. Compared with financial year 2024, the result moved from € -810,283 to € -515,346. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 11.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -515,346
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3
▼ € 598 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
Debts at end 2025
€ 44.6 million
▼ 5% vs 2024
€ 66,000 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 10,736
▲ € 9,036 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 204,762
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 962,146 | € 3,007,458 | € 3,825,092 | € 3,963,694 | ▲ 4% |
| Profit after taxes | € 72,324 | € -948,660 | € -810,283 | € -515,346 | ▲ € 294,936 |
| Equity | € 404,665 | € -543,995 | € 12,235,722 | € 11,720,376 | ▼ 4% |
| Total debts | € 52,669,247 | € 61,750,759 | € 48,111,790 | € 46,047,447 | ▼ 4% |
| Cash | € 346,581 | € 38 | € 601 | € 3 | ▼ € 598 |
| Land & buildings | € 13,112,826 | € 59,758,056 | € 58,964,815 | € 56,539,751 | ▼ 4% |
| Retained profit | € 394,665 | € -553,995 | € -1,364,278 | € -1,879,624 | ▼ € 515,346 |
| Bank debt | € 51,011,108 | € 59,728,420 | € 46,961,984 | € 44,636,913 | ▼ 5% |
| Balance sheet total | € 53,073,911 | € 61,206,764 | € 60,347,513 | € 57,767,824 | ▼ 4% |
Key figures of BLUE LINE STORAGE, 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 LINE STORAGE?
What happened at BLUE LINE STORAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 515,346. Source: NBB ↗
- ALEXANDER VAN RAVELS BV became a director. NBB
- Filiep BALCAEN became a director. NBB
- Marc JANSSENS became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,324 profit in 2022 to € 515,346 loss in 2025.
Paid € 7,620 in corporate taxes since 2022.
Best year ever: 2022, with € 72,324 profit.
A new publication or filing at BLUE LINE STORAGE? We notify you, reason included.
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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
The stake of Baltisse Real Estate Investments comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BLUE LINE STORAGEBehind BLUE LINE STORAGE are Filiep BALCAEN, ALEXANDER VAN RAVELS BV and Marc JANSSENS. The shares are held by Baltisse Real Estate Investments (98.9%).
Directors
According to the 2025 annual accounts
Filiep BALCAEN
Director
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +22 more
since 2022
Director · represented by Alexander VAN RAVELS
Also active at: ARGIBEL, PUVAST, LIEGE BECASSE, SOUVERAIN 100, ARCHIMEDES OFFICES, LUMMEN, Baltisse Real Estate Investments, Fenix Workspace +3 more
since 2024
Marc JANSSENS
Director
Also active at: ARGIBEL, Sharp Insurance Brokers, BUILDING, GRADA INTERNATIONAL, SERVINT, PHYTO-TECHNICS, Floorenter, LIEGE BECASSE +31 more
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0734.703.437
- VAT number
- BE 0734.703.437
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- BLUE LINE STORAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2019
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen