Financials
Financial year 2025
Blulinc from Gent, company number BE0775669111, closed financial year 2025 with a result of € 218,988 after tax. For that financial year Blulinc recorded a gross margin of € 595,520 and equity of € 22,906. Compared with financial year 2024, the result moved from € -314,643 to € 218,988. 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 4, 2026.
€ 22,906
▲ € 218,988 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 218,988
▲ still € 314,643 loss in 2024
Profit after tax over the fiscal year.
€ 140,659
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -39,094.
People and assets in 2025
4.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 258,915
▼ 2% vs 2024
€ 61,600 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
€ 349,217
▼ 27% vs 2024
€ 130,449 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 354,637
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,815
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,836 | € 357,762 | € 620 | € 595,520 | ▲ € 594,900 |
| Profit after taxes | € -29,498 | € 86,059 | € -314,643 | € 218,988 | ▲ € 533,631 |
| Equity | € 32,502 | € 118,561 | € -196,082 | € 22,906 | ▲ € 218,988 |
| Total debts | € 277,036 | € 484,435 | € 900,592 | € 843,059 | ▼ 6% |
| Cash | € 53,114 | € 49,759 | € 202,836 | € 140,659 | ▼ 31% |
| Retained profit | € -29,498 | € 56,561 | € -258,082 | € -39,094 | ▲ € 218,988 |
| Bank debt | € 134,701 | € 95,093 | € 476,205 | € 349,217 | ▼ 27% |
| Balance sheet total | € 309,539 | € 602,996 | € 704,510 | € 865,965 | ▲ 23% |
| Employees (FTE) | - | 4.4 | 5 | 4.2 | ▼ 0.8 |
Key figures of Blulinc, 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 Blulinc?
What happened at Blulinc in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SSP Consult stepped down as director. NBB
- No Rocketscience stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 218,988. Source: NBB ↗
- SSP Consult became a director. NBB
- No Rocketscience became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,498 loss in 2022 to € 218,988 profit in 2025.
Paid € 15,784 in corporate taxes since 2022.
Best year ever: 2025, with € 218,988 profit.
On average € 141,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Director · represented by Steven Nuyens
since 2025 · until 2031
Director · represented by Cihan Kranda
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Booiebos 8
9031 Gent
Booiebos 8 box a
9031 Gent
Active since 13 October 2021
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
- 0775.669.111
- VAT number
- BE 0775.669.111
- Registered office
- Booiebos 8, 9031 Gent
- Names & denominations
- Blulinc
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Vervaardiging van andere elektrische apparatuur
Installatie van industriële machines, toestellen en werktuigen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Overige detailhandel, niet in winkels en exclusief markt- en straathandel