Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
De Blauwe Zwaan from Torhout, company number BE0831556848, closed financial year 2026 with a result of € 292,160 after tax. For that financial year De Blauwe Zwaan recorded a gross margin of € 758,264 and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 986,640 to € 292,160. The company is profitable. 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 29, 2026.
€ 1.9 million
▲ 18% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 292,160
▼ 70% vs 2025
Profit after tax over the fiscal year.
€ 8,209
▼ 51% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.2 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 339,046
▲ 3% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 11 million
▼ 21% vs 2025
€ 623,995 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 46,149
▼ 55% vs 2025
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 487,594 | € 743,076 | € 1,759,147 | € 758,264 | ▼ 57% |
| Profit after taxes | € 2,153 | € 177,985 | € 986,640 | € 292,160 | ▼ 70% |
| Equity | € 478,737 | € 656,721 | € 1,643,361 | € 1,935,522 | ▲ 18% |
| Total debts | € 15,637,913 | € 17,685,257 | € 17,718,392 | € 15,938,501 | ▼ 10% |
| Cash | € 1,360 | € 138,837 | € 16,703 | € 8,209 | ▼ 51% |
| Land & buildings | € 5,069,370 | € 5,360,288 | € 5,360,288 | € 16,329,825 | ▲ 205% |
| Retained profit | € -271,263 | € -93,279 | € 893,361 | € 1,185,522 | ▲ 33% |
| Bank debt | € 14,956,634 | € 15,802,981 | € 13,989,858 | € 11,024,502 | ▼ 21% |
| Balance sheet total | € 16,116,650 | € 18,341,978 | € 19,361,753 | € 17,874,023 | ▼ 8% |
Key figures of De Blauwe Zwaan, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 December 2027.
What happened to De Blauwe Zwaan?
What happened at De Blauwe Zwaan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 292,160 (▼ 70% vs 2025). Source: NBB ↗
- VCA INVEST BV became a director. NBB
- IG MANAGEMENT BV became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,153 profit in 2022 to € 292,160 profit in 2026.
Best year ever: 2025, with € 986,640 profit.
A new publication or filing at De Blauwe Zwaan? We notify you, reason included.
Follow De Blauwe ZwaanDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 De Blauwe Zwaan are VCA INVEST BV and IG MANAGEMENT BV. The same people are also behind GRYSON WEST COAST BUILDING COMPANY, RICARDO and IG CONCEPT. VCA INVEST BV is also behind Project Meiboom, Robur Capital, CASA BOUW HOLDING, ILEX and CASA HOLDING.
Directors
According to the 2026 annual accounts
Director · represented by VERMEERSCH CARLO
Also active at: GRYSON WEST COAST BUILDING COMPANY, RICARDO, Project Meiboom, Robur Capital, CASA BOUW HOLDING, ILEX, CASA HOLDING, IG CONCEPT
since 2023
Director · represented by GRYSON ISABEL
Also active at: GRYSON WEST COAST BUILDING COMPANY, RICARDO, IG CONCEPT
since 2023
Establishments
Establishment units
Physical locations of this company
Oostendestraat 341
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Immotor
€ -87,374 gross margin · 2025
GRYSON WEST COAST BUILDING COMPANY same network
€ 1.2 million gross margin · 2025
RICARDO same network
€ 375,923 gross margin · 2025
C&N Invest
€ -14,106 gross margin · 2025
TEX PROJECT 1
€ -2,214 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.556.848
- VAT number
- BE 0831.556.848
- Registered office
- Oostendestraat 341, 8820 Torhout
- Names & denominations
- De Blauwe Zwaan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2010
- Peppol
- Active · Active since 28 Aug 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen