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 22 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Blust Innovation Group from Blankenberge, company number BE0770679252, closed financial year 2025 with a result of € -41,592 after tax. For that financial year Blust Innovation Group recorded a gross margin of € -15,258 and equity of € 121,323. Compared with financial year 2023, the result moved from € 41,503 to € -41,592. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 121,323
▲ € 281,650 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,592
▼ still € 41,503 profit in 2023
Profit after tax over the fiscal year.
€ 23,279
▼ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 101,323.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 51,046 | € 99,960 | € -15,258 | ▼ € 115,218 |
| Profit after taxes | € -221,831 | € 41,503 | € -41,592 | ▼ € 83,095 |
| Equity | € -201,831 | € -160,328 | € 121,323 | ▲ € 281,650 |
| Total debts | € 2,541,937 | € 2,542,577 | € 494,846 | ▼ 81% |
| Cash | € 7,016 | € 23,634 | € 23,279 | ▼ 2% |
| Land & buildings | € 1,834,127 | € 1,790,525 | - | |
| Retained profit | € -221,831 | € -180,328 | € 101,323 | ▲ € 281,650 |
| Balance sheet total | € 2,340,106 | € 2,382,250 | € 616,169 | ▼ 74% |
Key figures of Blust Innovation Group, 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 Blust Innovation Group?
What happened at Blust Innovation Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,592 (▼ € 83,095 vs 2023). filed late Source: NBB ↗
- New establishment in Blankenberge. KBO
- Kathleen Vercauteren became a director. NBB
- Ronny Blust became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 221,831 loss in 2022 to € 41,592 loss in 2025.
Best year ever: 2023, with € 41,503 profit.
A new publication or filing at Blust Innovation Group? 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
Behind Blust Innovation Group are Kathleen Vercauteren and Ronny Blust. Ronny Blust is also behind VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY and UBIS.
Directors
According to the 2025 annual accounts
Kathleen Vercauteren
Director
since 2021
Ronny Blust
Director
Also active at: VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY, UBIS
since 2021
Establishments
Establishment units
Physical locations of this company
Zeedijk 29 box 5
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0770.679.252
- VAT number
- BE 0770.679.252
- Registered office
- Zeedijk 29 bus 5, 8370 Blankenberge
- Names & denominations
- Blust Innovation Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2021
- Peppol
- Not registered