Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Kraal from Blankenberge, company number BE0771305693, closed financial year 2025 with a result of € 63,454 after tax. For that financial year De Kraal recorded a gross margin of € 67,404 and equity of € -665,500. Compared with financial year 2023, the result moved from € -166,992 to € 63,454. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -665,500
▼ € 34,605 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,454
▲ still € 166,992 loss in 2023
Profit after tax over the fiscal year.
€ 1,365
▼ 43% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -685,500.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 655,571
▲ 12% vs 2023
Loans from banks and other lenders, long and short.
€ 118,815
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -247,686 | € -63,998 | € 67,404 | ▲ € 131,403 |
| Profit after taxes | € -483,902 | € -166,992 | € 63,454 | ▲ € 230,446 |
| Equity | € -463,902 | € -630,894 | € -665,500 | ▼ € 34,605 |
| Total debts | € 866,376 | € 944,634 | € 774,386 | ▼ 18% |
| Cash | € 3,707 | € 2,376 | € 1,365 | ▼ 43% |
| Retained profit | € -483,902 | € -650,894 | € -685,500 | ▼ € 34,605 |
| Bank debt | € 586,952 | € 586,952 | € 655,571 | ▲ 12% |
| Balance sheet total | € 402,473 | € 313,740 | € 108,886 | ▼ 65% |
Key figures of De Kraal, 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 De Kraal?
What happened at De Kraal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,454. filed late Source: NBB ↗
- New establishment in Blankenberge. KBO
- Warren Blust became a director. NBB
- Blust Innovation Group BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 483,902 loss in 2022 to € 63,454 profit in 2025.
Best year ever: 2025, with € 63,454 profit.
A new publication or filing at De Kraal? 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 Blust Innovation Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
De KraalBehind De Kraal are Warren Blust and Blust Innovation Group BV. The shares are held by Blust Innovation Group (80%).
Directors
According to the 2025 annual accounts
Warren Blust
Director
since 2021
Director · represented by Ronny Blust
since 2021
Shareholders
Participations
No participations in other companies reported.
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
- 0771.305.693
- VAT number
- BE 0771.305.693
- Registered office
- Zeedijk 29 bus 5, 8370 Blankenberge
- Names & denominations
- De Kraal
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2021
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van paardensportclubs