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 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BLM HOLDING from Mouscron, company number BE1011592709, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year BLM HOLDING recorded revenue of € 1.3 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 1.2 million to € 2.1 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 3.4 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 70% vs 2024
Profit after tax over the fiscal year.
€ 58,633
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 5.6 million
▼ 15% vs 2024
€ 1,000,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 11,054
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 291,538
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 633,000 | € 1,282,033 | ▲ 103% |
| Profit after taxes | € 1,235,431 | € 2,103,336 | ▲ 70% |
| Equity | € 4,017,137 | € 3,420,473 | ▼ 15% |
| Total debts | € 8,374,189 | € 8,835,925 | ▲ 6% |
| Cash | € 61,819 | € 58,633 | ▼ 5% |
| Retained profit | € 3,955,137 | € 3,358,473 | ▼ 15% |
| Dividend | € 500,000 | € 2,700,000 | ▲ € 2.2 million |
| Bank debt | € 6,583,333 | € 5,583,333 | ▼ 15% |
| Balance sheet total | € 12,391,326 | € 12,256,397 | ▼ 1% |
Key figures of BLM HOLDING, fiscal years 2024 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 BLM HOLDING?
What happened at BLM HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.1 million (▲ 70% vs 2024). Source: NBB ↗
- JLM SRL became a director. NBB
- New establishment in Mouscron. KBO
- COA SRL became a director. NBB
- G2 GESTION GLOBALE SRL became a director. NBB
- BLM SA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2024 to € 2.1 million profit in 2025.
Best year ever: 2025, with € 2.1 million profit.
Paid out € 3.2 million in dividends to the owners in total.
Pays suppliers within 3 days on average.
Management
Behind BLM HOLDING are COA SRL, G2 GESTION GLOBALE SRL, BLM SA and JLM SRL. It owns 100% of TRADECO BELGIUM, 100% of IMMO TRADECO, 64.6% of THERSA and 46% of EDERGEN itself.
Directors
According to the 2025 annual accounts
Director · represented by Stéphane DELPIRE
Also active at: TRADECO BELGIUM, BECO, THERSA, BLM, EDERGEN, IMMO TRADECO
since 2024
Director · represented by Olivier DOS SANTOS
Also active at: TRADECO BELGIUM, THERSA, BLM, EDERGEN, IMMO TRADECO
since 2024
Director · represented by Bertrand LOSFELD
Also active at: TRADECO BELGIUM, BECO, VINYLIUM, THERSA, EDERGEN
since 2024
Director · represented by Juliette LOSFELD
since 2025
Establishments
Establishment units
Physical locations of this company
Gustave Fachedreef(L) 5
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →TRADECO BELGIUM same network
€ 119.2 million revenue · 2025
THERSA same network
€ 40 million revenue · 2025
BLM same network
€ 1.1 million revenue · 2025
S.M. TRADECO BELGIUM - THERSA
S.M. TRADECO-DELENS
+13 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
- 1011.592.709
- VAT number
- BE 1011.592.709
- Registered office
- Gustave Fachedreef(L) 5, 7700 Mouscron
- Names & denominations
- BLM HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2024
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- 056/84.19.84
- Activities · NACE
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