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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLU DISTRIBUTION from Brussel, company number BE0826149196, closed financial year 2025 with a result of € -11,855 after tax. For that financial year BLU DISTRIBUTION recorded a gross margin of € -4 and equity of € -422,280. Compared with financial year 2024, the result moved from € -33,883 to € -11,855. The company made a loss. 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 February 24, 2026.
€ -422,280
▼ € 11,855 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,855
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 24,224
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -440,880.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,201
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 124,766
Loans from banks and other lenders, long and short.
€ 35,760
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,104
▼ 66% 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 | € 75,525 | € -18,244 | € -20,657 | € -4 | ▲ € 20,654 |
| Profit after taxes | € -60,762 | € -111,293 | € -33,883 | € -11,855 | ▲ € 22,028 |
| Equity | € -264,301 | € -375,594 | € -410,425 | € -422,280 | ▼ € 11,855 |
| Total debts | € 650,588 | € 587,504 | € 580,512 | € 576,406 | ▼ 1% |
| Cash | € 76,993 | € 28,564 | € 36,515 | € 24,224 | ▼ 34% |
| Retained profit | € -282,901 | € -394,194 | € -429,025 | € -440,880 | ▼ € 11,855 |
| Bank debt | € 121,500 | € 124,766 | € 124,766 | € 124,766 | |
| Balance sheet total | € 386,287 | € 211,910 | € 170,087 | € 154,126 | ▼ 9% |
Key figures of BLU DISTRIBUTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BLU DISTRIBUTION?
What happened at BLU DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,855. filed late Source: NBB ↗
- New establishment in Kortenberg. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Elisabeth Basmacioglu became a director. NBB
In short
From € 60,762 loss in 2022 to € 11,855 loss in 2025.
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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 BLU DISTRIBUTION is Elisabeth Basmacioglu. Elisabeth Basmacioglu is also behind BLU OAK.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Koninginnegalerij 19
1000 Brussel
Patrijzenstraat 9
3078 Kortenberg
Active since 1 January 2016
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.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
bludistribution.com
Registered
2013-05-27
Registrar
OVH, SAS
Expires
2026-05-27
Website info
Features
Security
Network
Details
- Company number
- 0826.149.196
- VAT number
- BE 0826.149.196
- Registered office
- Koninginnegalerij 19, 1000 Brussel
- Names & denominations
- BLU DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2010
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- bludistribution.com
- Activities · NACE
Groothandel in uurwerken en sieraden
Detailhandel in uurwerken en sieraden