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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DBV Groups & Cruises from Nieuwpoort, company number BE0752790472, closed financial year 2025 with a result of € 2 million after tax. For that financial year DBV Groups & Cruises recorded a gross margin of € 2.2 million and equity of € 80,427. Compared with financial year 2024, the result moved from € -3,948 to € 2 million. 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 July 6, 2026.
€ 80,427
▲ € 148,126 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ still € 3,948 loss in 2024
Profit after tax over the fiscal year.
€ 1 million
▲ € 1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.9 million paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.4
Average over the fiscal year, from the social balance sheet.
€ 150,106
€ 62,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 205,602
Supplier invoices still open on the last day of the fiscal year.
€ 20,510
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,407 | € -827 | € -1,733 | € 2,202,139 | ▲ € 2.2 million |
| Profit after taxes | € -4,746 | € -139,788 | € -3,948 | € 2,011,876 | ▲ € 2 million |
| Equity | € 76,038 | € -63,750 | € -67,698 | € 80,427 | ▲ € 148,126 |
| Total debts | € 100,727 | € 102,054 | € 103,333 | € 2,519,279 | ▲ € 2.4 million |
| Cash | € 38,835 | € 30,869 | € 29,386 | € 1,032,532 | ▲ € 1 million |
| Retained profit | € 1,038 | € -138,750 | € -142,698 | € 5,427 | ▲ € 148,126 |
| Dividend | € 0 | € 0 | € 0 | € 1,863,750 | |
| Balance sheet total | € 176,765 | € 38,304 | € 35,634 | € 2,599,706 | ▲ € 2.6 million |
| Employees (FTE) | - | - | - | 2.4 |
Key figures of DBV Groups & Cruises, 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 DBV Groups & Cruises?
What happened at DBV Groups & Cruises in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million. Source: NBB ↗
- New establishment in Wevelgem. KBO
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,746 loss in 2022 to € 2 million profit in 2025.
Paid € 532 in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
On average € 917,600 of value added per employee in 2025.
Management
The stake of De Blauwe Vogel 1609, S²-TRAVEL, BIZZ INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DBV Groups & CruisesBehind DBV Groups & Cruises are De Blauwe Vogel 1609 A.B.C. NV, Omnia Cum Tempore BV and JCC Executive Solutions BV. The shares are held by De Blauwe Vogel 1609 (33.3%), S²-TRAVEL (33.3%) and BIZZ INVEST (33.3%).
Directors
According to the 2025 annual accounts
De Blauwe Vogel 1609 A.B.C. NV
Director · represented by Trudo Carlier
Director · represented by Julian Comninos
Also active at: De Blauwe Vogel 1609
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Valkestraat 6 box 1
8620 Nieuwpoort
Vlamingstraat 4
8560 Wevelgem
Active since 1 November 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0752.790.472
- VAT number
- BE 0752.790.472
- Registered office
- Valkestraat 6 bus 1, 8620 Nieuwpoort
- Names & denominations
- DBV Groups & Cruises
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2020
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Activiteiten van reisbureaus
Overige recreatie- en ontspanningsactiviteiten, neg