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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BLUE WATER PROJECTS from Namur, company number BE0839739787, closed financial year 2025 with a result of € 62,948 after tax. For that financial year BLUE WATER PROJECTS recorded a gross margin of € 59,144 and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 2.5 million to € 62,948. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 3.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,948
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 320,009
▲ € 291,143 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 € 3.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,418
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 64
Loans from banks and other lenders, long and short.
€ 738
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 255,134
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,315 | € 65,098 | € 58,732 | € 59,144 | ▲ 1% |
| Profit after taxes | € 126,154 | € 127,897 | € 2,520,283 | € 62,948 | ▼ 98% |
| Equity | € 392,005 | € 519,902 | € 3,040,185 | € 3,103,133 | ▲ 2% |
| Total debts | € 859,482 | € 806,228 | € 721,519 | € 653,580 | ▼ 9% |
| Cash | € 81,113 | € 141,710 | € 28,866 | € 320,009 | ▲ € 291,143 |
| Retained profit | € 385,805 | € 513,702 | € 3,033,985 | € 3,096,933 | ▲ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 64 | |
| Balance sheet total | € 1,251,487 | € 1,326,130 | € 3,761,704 | € 3,756,713 |
Key figures of BLUE WATER PROJECTS, 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 BLUE WATER PROJECTS?
What happened at BLUE WATER PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,948 (▼ 98% vs 2024). filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,154 profit in 2022 to € 62,948 profit in 2025.
Paid € 370,167 in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
Management
Behind BLUE WATER PROJECTS is Christian CRISMER. Christian CRISMER is also behind FRESH CONCEPT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Faucons(VD) 8
5020 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.739.787
- VAT number
- BE 0839.739.787
- Registered office
- Rue des Faucons(VD) 8, 5020 Namur
- Names & denominations
- BLUE WATER PROJECTS · BLUEWAP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2011
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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