BLUE STAR CONSTRUCT
Annual accounts 2025
micro format, filed on 19-12-2025, 43 days before the deadline€99,735
▲ 15.7%
€82,019
▲ 14.3%
€98,537
▲ 16.2%
€71,808
▲ 20.1%
82.2%
▼ 7.9 percentage points
5.94
▼ 7.18
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €260,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €497,914 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
82.2%
Higher than 80% of 39,360 companies in 2025.
5.94
Higher than 82% of 38,044 companies in 2025.
11.1%
Higher than 44% of 38,516 companies in 2025.
BLUE STAR CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
497,914 | 457,450 | 422,515 | 365,236 | 336,415 | 298,514 | 278,241 | 234,692 | 277,430 | 181,267 | 165,036 | 165,848 | 220,126 | 209,721 | 217,906 | 532,082 | 405,957 | 404,639 | 508,363 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 91 | 365 | 638 | 912 | |
21/28 |
97,924 | 112,342 | 120,156 | 57,842 | 65,814 | 74,071 | 99,305 | 79,029 | 95,727 | 112,425 | 129,124 | 113,768 | 124,056 | 141,601 | 164,291 | 188,874 | 213,639 | 238,404 | 193,199 | |
22/27 |
97,224 | 111,642 | 119,456 | 57,142 | 65,114 | 73,371 | 98,605 | 78,329 | 95,027 | 111,725 | 128,424 | 113,068 | 123,356 | 141,601 | 164,291 | 188,783 | 213,274 | 237,766 | 192,288 | |
22 |
47,913 | 47,913 | 47,913 | 47,913 | 47,913 | 51,343 | 61,630 | 71,918 | 82,205 | 92,493 | 102,781 | 113,068 | 123,356 | 134,401 | 149,238 | 164,074 | 178,911 | 193,747 | 185,081 | |
23 |
16,655 | 18,513 | 13,767 | 491 | 982 | 1,472 | 1,963 | - | - | - | - | - | - | - | - | 1,802 | 3,603 | 5,405 | 7,207 | |
24 |
32,656 | 45,216 | 57,776 | 8,738 | 16,219 | 20,556 | 35,012 | 6,411 | 12,822 | 19,232 | 25,643 | - | - | 7,199 | 15,053 | 22,907 | 30,760 | 38,614 | - | |
28 |
700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | - | - | - | - | - | - | |
29/58 |
399,990 | 345,108 | 302,359 | 307,394 | 270,601 | 224,443 | 178,936 | 155,663 | 181,703 | 68,842 | 35,912 | 52,080 | 96,070 | 68,120 | 53,615 | 343,208 | 192,318 | 166,235 | 315,164 | |
29 |
- | - | - | - | - | - | - | - | - | - | 10,000 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | - | - | - | 10,000 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | |
3 |
28,099 | 28,099 | 28,099 | 8,426 | 8,426 | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,000 | |
30/36 |
28,099 | 28,099 | 28,099 | 8,426 | 8,426 | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,000 | |
40/41 |
11,571 | 8,429 | 10,713 | 42,288 | 32,530 | 9,342 | 8,066 | 9,233 | 64,189 | 6,507 | 12,639 | 9,634 | 45,083 | 26,714 | 7,216 | 284,542 | 96,443 | 92,429 | 162,122 | |
40 |
11,571 | 8,047 | 10,713 | 38,166 | 18,631 | 9,237 | 8,066 | 9,233 | 64,189 | 6,416 | 12,639 | 9,629 | 45,083 | 26,714 | 7,216 | 284,542 | 96,443 | 92,429 | 162,122 | |
41 |
- | 383 | - | 4,122 | 13,899 | 105 | - | - | - | 91 | - | 4 | - | - | - | - | - | - | - | |
54/58 |
358,529 | 308,580 | 263,187 | 256,680 | 229,645 | 215,101 | 170,869 | 146,430 | 116,026 | 60,847 | 12,107 | 29,430 | 40,521 | 31,290 | 46,041 | 57,461 | 93,280 | 69,188 | 134,408 | |
490/1 |
1,791 | - | 360 | - | - | - | - | - | 1,488 | 1,488 | 1,167 | 3,016 | 467 | 117 | 358 | 1,206 | 2,594 | 4,617 | 634 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
497,914 | 457,450 | 422,515 | 365,236 | 336,415 | 298,514 | 278,241 | 234,692 | 277,430 | 181,267 | 165,036 | 165,848 | 220,126 | 209,721 | 217,906 | 532,082 | 405,957 | 404,639 | 508,363 | |
10/15 |
409,449 | 412,414 | 388,204 | 329,284 | 294,116 | 254,817 | 222,985 | 196,562 | 163,045 | 130,798 | 108,679 | 93,822 | 90,395 | 83,564 | 82,308 | 110,064 | 124,191 | 86,283 | 84,512 | |
10/11 |
174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | |
10 |
174,000 | 174,000 | 174,000 | 174,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | 174,000 | |
13 |
239,449 | 242,414 | 218,204 | 159,284 | 124,116 | 84,817 | 52,985 | 26,562 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
130/1 |
17,400 | 17,400 | 15,660 | 11,660 | 9,660 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
17,400 | 17,400 | 15,660 | 11,660 | 9,660 | 7,660 | 6,260 | 4,930 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
133 |
222,049 | 225,014 | 202,544 | 147,624 | 114,456 | 77,157 | 46,725 | 21,632 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | -14,955 | -47,202 | -69,321 | -84,178 | -87,605 | -94,436 | -95,692 | -67,936 | -53,809 | -91,717 | -93,488 | |
17/49 |
88,465 | 45,036 | 34,311 | 35,953 | 42,299 | 43,697 | 55,255 | 38,130 | 114,385 | 50,470 | 56,357 | 72,025 | 129,731 | 126,157 | 135,598 | 422,018 | 281,766 | 318,357 | 423,851 | |
17 |
21,181 | 17,801 | 26,691 | 26,112 | 27,165 | 27,825 | 33,874 | 24,408 | 14,968 | 27,416 | 44,780 | 64,114 | 80,109 | 98,973 | 109,866 | 126,247 | 146,914 | 163,257 | 172,504 | |
170/4 |
- | - | - | - | - | 555 | 7,222 | - | 4,968 | 11,449 | 17,772 | - | - | - | - | 9,195 | 19,226 | 60,009 | 57,439 | |
178/9 |
21,181 | 17,801 | 26,691 | 26,112 | 27,165 | 27,270 | 26,652 | 24,408 | 10,001 | 15,966 | 27,008 | 64,114 | 80,109 | 98,973 | 109,866 | 117,052 | 127,688 | 103,248 | 115,065 | |
42/48 |
67,284 | 26,295 | 7,620 | 9,841 | 15,134 | 15,872 | 20,036 | 12,405 | 98,126 | 21,789 | 10,365 | 7,911 | 49,622 | 27,184 | 25,732 | 295,771 | 134,852 | 155,100 | 251,347 | |
42 |
- | - | - | - | 555 | 6,667 | 6,667 | 4,968 | 6,481 | 6,322 | 6,167 | - | - | - | 9,195 | 10,031 | 10,031 | 37,534 | 29,542 | |
44 |
2,783 | 728 | 1,404 | 5,676 | 6,341 | 5,058 | 3,928 | 1,819 | 51,454 | 907 | 1,218 | 3,801 | 34,584 | 3,007 | 2,422 | 232,646 | 80,970 | 105,606 | 172,548 | |
440/4 |
2,783 | 728 | 1,404 | 5,676 | 6,341 | 5,058 | 3,928 | 1,819 | 51,454 | 907 | 1,218 | 3,801 | 34,584 | 3,007 | 2,422 | 232,646 | 80,970 | 105,606 | 172,548 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,358 | 1,358 | |
45 |
4,866 | 1,221 | 5,162 | 3,064 | 7,131 | 3,204 | 8,546 | 5,016 | 39,736 | 13,808 | 1,385 | 1,586 | 15,037 | 24,177 | 14,115 | 53,094 | 43,851 | 10,601 | 47,899 | |
450/3 |
4,866 | 1,221 | 5,162 | 3,064 | 7,131 | 3,204 | 8,546 | 5,016 | 39,736 | 13,808 | 1,385 | 1,586 | 15,037 | 24,177 | 14,115 | 53,094 | 43,851 | 10,601 | 47,899 | |
47/48 |
59,635 | 24,346 | 1,053 | 1,100 | 1,108 | 944 | 895 | 602 | 454 | 752 | 1,595 | 2,524 | - | - | - | - | - | - | - | |
492/3 |
- | 940 | - | - | - | - | 1,345 | 1,318 | 1,291 | 1,265 | 1,213 | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.8m | 1.5m | |
76A |
- | 233 | 4,959 | - | - | 2,273 | 10,069 | - | - | - | 5,701 | - | - | - | - | - | 52,312 | 17,670 | 17,080 | |
9900 |
99,735 | 86,198 | 93,629 | 72,932 | 75,010 | 69,158 | 67,565 | 61,112 | 52,411 | 42,101 | 30,011 | 18,296 | 27,218 | 26,039 | -430 | 13,966 | 15,508 | -8,835 | 21,318 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.8m | 1.6m | |
630 |
16,518 | 13,027 | 4,491 | 7,972 | 11,401 | 17,630 | 19,531 | 16,698 | 16,698 | 16,698 | 16,698 | 10,288 | 18,245 | 22,690 | 24,583 | 24,765 | 24,765 | 16,808 | 17,170 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12,079 | 9,079 | |
640/8 |
1,198 | 1,408 | 1,442 | 9,354 | 2,142 | 2,506 | 3,525 | 2,559 | 2,470 | 2,354 | 2,578 | 2,168 | 2,102 | 1,708 | 1,829 | 1,895 | 4,692 | 1,763 | 2,111 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,086 | |
9901 |
82,019 | 71,763 | 87,697 | 55,606 | 61,468 | 49,022 | 44,508 | 41,854 | 33,242 | 23,049 | 10,735 | 5,840 | 6,871 | 1,641 | -26,842 | -12,694 | -13,950 | -15,327 | -7,042 | |
75/76B |
1,713 | 0 | 0 | 13 | - | 10 | 0 | 10 | 7 | 471 | 373 | 378 | 402 | 258 | 186 | 164 | 1,693 | 549 | 171 | |
75 |
1,713 | 0 | 0 | 13 | - | 10 | 0 | 10 | 7 | 471 | 373 | 378 | 402 | 258 | 186 | 164 | 1,693 | 549 | 171 | |
65/66B |
1,934 | 2,374 | 2,054 | 1,569 | 1,577 | 1,305 | 1,416 | 1,021 | 1,002 | 1,401 | 1,954 | 2,791 | 440 | 643 | 1,099 | 1,596 | 2,147 | 1,121 | 3,322 | |
65 |
1,934 | 2,374 | 2,054 | 1,569 | 1,577 | 1,305 | 1,416 | 1,021 | 1,002 | 1,401 | 1,954 | 2,791 | 440 | 643 | 1,099 | 1,596 | 2,147 | 1,121 | 3,322 | |
9903 |
81,798 | 69,389 | 85,643 | 54,050 | 59,891 | 47,727 | 43,092 | 40,843 | 32,247 | 22,119 | 14,856 | 3,428 | 6,833 | 1,256 | -27,756 | -14,127 | 37,908 | 1,771 | -2,199 | |
67/77 |
26,508 | 22,617 | 26,722 | 18,882 | 20,593 | 15,895 | 16,669 | 7,326 | - | - | - | 0 | 2 | - | - | - | - | - | 26 | |
9904 |
55,290 | 46,772 | 58,920 | 35,168 | 39,299 | 31,832 | 26,423 | 33,517 | 32,247 | 22,119 | 14,856 | 3,428 | 6,831 | 1,256 | -27,756 | -14,127 | 37,908 | 1,771 | -2,224 | |
9905 |
55,290 | 46,772 | 58,920 | 35,168 | 39,299 | 31,832 | 26,423 | 33,517 | 32,247 | 22,119 | 14,856 | 3,428 | 6,831 | 1,256 | -27,756 | -14,127 | 37,908 | 1,771 | -2,224 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
51,290 | 42,772 | 54,920 | 31,168 | 35,299 | 27,832 | 22,423 | 18,562 | -14,955 | -47,202 | -69,321 | -84,178 | -87,605 | -94,436 | -95,692 | -67,936 | -53,809 | -91,717 | -93,488 | |
14P |
-4,000 | -4,000 | -4,000 | -4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
58,255 | 22,562 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
55,290 | 46,772 | 58,920 | 35,168 | 39,299 | 31,832 | 26,423 | 22,562 | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
2,730 | 2,670 | 4,000 | 2,000 | 2,000 | 1,400 | 1,330 | 930 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
52,560 | 44,102 | 54,920 | 33,168 | 37,299 | 30,432 | 25,093 | 21,632 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
58,255 | 22,562 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
58,255 | 22,562 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 19-12-2025 | 2025-00591870 | |
| 30-06-2024 | micro format | 17-12-2024 | 2024-00618381 | |
| 30-06-2023 | micro format | 18-12-2023 | 2023-00529272 | |
| 30-06-2022 | micro format | 05-01-2023 | 2023-20553049 | |
| 30-06-2021 | micro format | 26-01-2022 | 2022-02100333 | |
| 30-06-2020 | micro format | 18-12-2020 | 2020-76300518 | |
| 30-06-2019 | micro format | 20-12-2019 | 2019-77000458 | |
| 30-06-2018 | micro format | 20-12-2018 | 2018-75600468 | |
| 30-06-2017 | micro format | 26-01-2018 | 2018-02700553 | |
| 30-06-2016 | abbreviated format | 13-12-2016 | 2016-70000338 | |
| 30-06-2015 | abbreviated format | 16-12-2015 | 2015-69100367 | |
| 30-06-2014 | abbreviated format | 07-01-2015 | 2015-00900120 | |
| 30-06-2013 | abbreviated format | 20-12-2013 | 2013-69600048 | |
| 30-06-2012 | abbreviated format | 07-02-2013 | 2013-02900557 | |
| 30-06-2011 | abbreviated format | 22-12-2011 | 2011-64400123 | |
| 30-06-2010 | abbreviated format | 31-01-2011 | 2011-01800166 | |
| 30-06-2009 | abbreviated format | 17-12-2009 | 2009-88900243 | |
| 30-06-2008 | abbreviated format | 24-12-2008 | 2008-86700209 | |
| 30-06-2007 | abbreviated format | 20-12-2007 | 2007-83700284 | |
| 30-06-2006 | abbreviated format | 11-01-2007 | 2007-01000090 | |
| 30-06-2005 | abbreviated format | 23-12-2005 | 2005-91001051 | |
| 30-06-2004 | abbreviated format | 29-12-2004 | 2004-89000443 | |
| 30-06-2003 | abbreviated format | 31-12-2003 | 2003-86800941 | |
| 30-06-2002 | abbreviated format | 31-12-2002 | 2002-79805058 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 98,537 | 84,790 | 92,188 | 63,578 | 72,869 | 66,652 | 64,040 | 58,553 | 49,941 | 39,747 | 27,433 | 16,128 | 25,116 | 24,331 | -2,259 | 12,071 | 10,815 | 1,481 | 10,128 | ||
| 71,808 | 59,799 | 63,411 | 43,140 | 50,700 | 49,462 | 45,955 | 50,215 | 48,946 | 38,817 | 31,554 | 13,715 | 25,076 | 23,946 | -3,173 | 10,638 | 62,673 | 18,579 | 14,946 | ||
| 2,100 | 18,980 | 73,656 | 0 | 3,143 | -7,603 | 46,218 | 0 | 0 | 0 | 32,054 | 0 | 700 | 0 | 0 | 0 | 0 | 62,013 | 9,008 | ||
| 49,950 | 45,392 | 6,507 | 27,035 | 14,544 | 44,232 | 24,439 | 30,404 | 55,179 | 48,740 | -17,323 | -11,091 | 9,231 | -14,751 | -11,420 | -35,820 | 24,092 | -65,219 | - | ||
| 332,706 | 318,813 | 294,739 | 297,553 | 255,467 | 208,571 | 158,899 | 143,259 | 83,577 | 47,053 | 25,548 | 44,169 | 46,448 | 40,936 | 27,883 | 47,437 | 57,466 | 11,135 | 63,816 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.9% | -0.5% | ||
| 82.2% | 90.2% | 91.9% | 90.2% | 87.4% | 85.4% | 80.1% | 83.8% | 58.8% | 72.2% | 65.9% | 56.6% | 41.1% | 39.8% | 37.8% | 20.7% | 30.6% | 21.3% | 16.6% | ||
| 5.94 | 13.12 | 39.68 | 31.24 | 17.88 | 14.14 | 8.93 | 12.55 | 1.85 | 3.16 | 3.46 | 6.58 | 1.94 | 2.51 | 2.08 | 1.16 | 1.43 | 1.07 | 1.25 | ||
| 5.53 | 12.06 | 35.99 | 30.38 | 17.32 | 14.14 | 8.93 | 12.55 | 1.85 | 3.16 | 3.46 | 6.58 | 1.94 | 2.51 | 2.08 | 1.16 | 1.43 | 1.07 | 1.18 | ||
| 0.22 | 0.11 | 0.09 | 0.11 | 0.14 | 0.17 | 0.25 | 0.19 | 0.70 | 0.39 | 0.52 | 0.77 | 1.44 | 1.51 | 1.65 | 3.83 | 2.27 | 3.69 | 5.02 | ||
| 13.5% | 11.3% | 15.2% | 10.7% | 13.4% | 12.5% | 11.8% | 17.1% | 19.8% | 16.9% | 13.7% | 3.7% | 7.6% | 1.5% | -33.7% | -12.8% | 30.5% | 2.1% | -2.6% | ||
| 11.1% | 10.2% | 13.9% | 9.6% | 11.7% | 10.7% | 9.5% | 14.3% | 11.6% | 12.2% | 9.0% | 2.1% | 3.1% | 0.6% | -12.7% | -2.7% | 9.3% | 0.4% | -0.4% | ||
| 50.96 | 35.71 | 44.88 | 40.51 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19 days | 38 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22 days | 40 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,100 | €18,980 | €73,656 | - |
| €16,518 | €13,027 | €4,491 | €7,972 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on BLUE STAR CONSTRUCT
The operating result for 2025 is 14% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 9.8% to 17.8%. Equity is lower and debt is higher.