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 1 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 27 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.8 to 4.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Blue Lines Translations from Gent, company number BE0873198354, closed financial year 2025 with a result of € -151,154 after tax. For that financial year Blue Lines Translations recorded a gross margin of € 141,431 and equity of € -120,517. Compared with financial year 2024, the result moved from € -168,602 to € -151,154. 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 June 18, 2026.
€ -120,517
▼ € 151,154 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,154
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 26,549
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -126,717.
People and assets in 2025
4
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 240,221
▼ 39% vs 2024
€ 60,100 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.
€ 340
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 494,200
▼ 3% vs 2024
€ 62,805 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 244,682
▲ 111% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,153
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 432,127 | € 454,363 | € 295,578 | € 141,431 | ▼ 52% |
| Profit after taxes | € -13,423 | € -3,145 | € -168,602 | € -151,154 | ▲ € 17,448 |
| Equity | € 202,384 | € 199,239 | € 30,637 | € -120,517 | ▼ € 151,154 |
| Total debts | € 875,255 | € 846,690 | € 839,924 | € 882,077 | ▲ 5% |
| Cash | € 90,963 | € 68,967 | € 33,200 | € 26,549 | ▼ 20% |
| Land & buildings | € 677,631 | € 656,310 | € 634,989 | € 613,668 | ▼ 3% |
| Retained profit | € 196,184 | € 193,039 | € 24,437 | € -126,717 | ▼ € 151,154 |
| Bank debt | € 586,156 | € 535,767 | € 510,062 | € 494,200 | ▼ 3% |
| Balance sheet total | € 1,077,639 | € 1,045,928 | € 870,560 | € 761,559 | ▼ 13% |
| Employees (FTE) | 6.7 | 6.8 | 6.7 | 4 | ▼ 2.7 |
Key figures of Blue Lines Translations, 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 Lines Translations?
What happened at Blue Lines Translations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 151,154. Source: NBB ↗
- AYM bv became a director. NBB
- Legioen bv became a director. NBB
- KatariComms bv became a director. NBB
- Pomelo bv became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,423 loss in 2022 to € 151,154 loss in 2025.
Paid € 4,370 in corporate taxes since 2022.
On average € 35,400 of value added per employee in 2025.
A new publication or filing at Blue Lines Translations? 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 HYDRA, KatariComms, LEGIOEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Blue Lines TranslationsBehind Blue Lines Translations are AYM bv, Legioen bv, KatariComms bv and Pomelo bv. The shares are held by HYDRA (35%), KatariComms (12.5%) and LEGIOEN (10%).
Directors
According to the 2025 annual accounts
Director · represented by Stef Van De Gehuchte
since 2021
Director · represented by Gert Asselman
Holds a stake via HYDRA
Also active at: OUTSOURCE MARKETING AND COMMUNICATIONS, VIRTUAL COMMUNICATION AGENCY, HYDRA
since 2021
Director · represented by Leen Van Parys
Also active at: OUTSOURCE MARKETING AND COMMUNICATIONS
since 2021
Director · represented by Katleen Peeters
Also active at: OUTSOURCE MARKETING AND COMMUNICATIONS, VIRTUAL COMMUNICATION AGENCY
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kompasplein 19 box 3B
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Chateau Gustav
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€ 673,454 gross margin · 2025
Antenna
€ 555,028 gross margin · 2025
JL Consult - Accountancy & Tax
€ 86,742 gross margin · 2025
TOECH
€ 397,988 gross margin · 2025
+9 more
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
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
TransIP DNS
Domain
Domain
bluelines.eu
Registrar
TransIP Group BV
Website info
Features
Security
Details
- Company number
- 0873.198.354
- VAT number
- BE 0873.198.354
- Registered office
- Kompasplein 19 bus 3B, 9000 Gent
- Names & denominations
- Blue Lines Translations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2005
- Peppol
- Active · Active since 8 Oct 2025
- Contact
- bluelines.eu
- Activities · NACE
Activiteiten van vertalers
Vertaaldiensten en tolken
Vertalers en tolken