BlueAlp Oostende
ActiveSummary
BlueAlp Oostende has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-22.54M) and a net result of €-49.63M. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-17
Solvency0▼-61
Growth22▼-30
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 1.44 in 2023; short-term debt: 296.8% and cash: 3.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-202.7%
Return on assets
-446.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-22.54M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
77 d late
2022
27 d early
2021
47 d early
2020
53 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€907k▼ 56.4%
2023 · €2.08M
2023: €2.08M
2023 → 2024
EBIT margin
-45.9%▼ 41.3pp
2023 · -4.6%
2023: -4.6%
2023 → 2024
Net result
€-49.63M▲ 20.5%
2023 · €-62.44M
2018: €-3k
2019: €3.14M
2020: €-174k
2021: €105k
2022: €-1.10M
2023: €-62.44M
2018 → 2024
Working capital
€-24.38M
2023 · €8.59M
2018: €135k
2019: €2.86M
2020: €1.82M
2021: €39.95M
2022: €2.92M
2023: €8.59M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.08M€907k▼ 56.4%
Equity€12.74M-€45.62M▲ 258%€68.52M▲ 50.2%€11.08M▼ 83.8%€-22.54M
Operating result€-190k-€-11k▲ 94.5%€-1.49M▼ 14,045%€-95k▲ 93.6%€-417k▼ 336%
Net result€-174k-€105k€-1.10M€-62.44M▼ 5,597%€-49.63M▲ 20.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €417k in 2024 against €95k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.12M
Fixed assets
€2.50M ▼ 12.6%
Current assets
€8.62M ▼ 69.2%
Key figures and ratios
EBITDA
€-255k▼
2023 · €145k
Cash flow
€-49.47M▲
2023 · €-62.20M
Solvency
-202.7%▼
2023 · 36.0%
Current ratio
0.26▼
2023 · 1.44
Debt to equity
-1.49▼
2023 · 1.78
ROA
-446.3%▼
2023 · -202.6%
Interest coverage
-0.09▼
2023 · 0.19
Debt
€33.67M▲
2023 · €19.73M
Debt ≤ 1 year
€33.00M▲
2023 · €19.36M
Income taxes
€164
Staff costs
€-366▼
2023 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 66 lines
Balance sheet
Code20232024
Assets
Total assets20/58€30.81M€11.12M▼
Fixed assets21/28€2.86M€2.50M▼
Intangible fixed assets21€361k€0▼
Financial fixed assets28€2.50M€2.50M=
Affiliated companies280/1€1€1=
Participating interests280€1€1=
Companies linked by participating interests282/3€2.50M€2.50M=
Participating interests282€2.50M€2.50M=
Current assets29/58€27.95M€8.62M▼
Amounts receivable within one year40/41€26.61M€180k▼
Trade receivables40€119k€176k▲
Other amounts receivable41€26.49M€4k▼
Current investments50/53-€8.00M
Other investments51/53-€8.00M
Cash at bank and in hand54/58€956k€426k▼
Deferred charges and accrued income490/1€390k€14k▼
Equity and liabilities
Total equity and liabilities10/49€30.81M€11.12M▼
Equity10/15€11.08M€-22.54M▼
Contributions10/11€71.63M€87.63M▲
Capital10€71.63M€87.63M▲
Issued capital100€71.63M€87.63M▲
Reserves13€1.78M€1.78M=
Non-distributable reserves130/1€148k€148k=
Legal reserve130€148k€148k=
Tax-exempt reserves132€0-
Distributable reserves133€1.63M€1.63M=
Profit (loss) carried forward14€-62.33M€-111.96M▼
Amounts payable17/49€19.73M€33.67M▲
Amounts payable within one year42/48€19.36M€33.00M▲
Trade debts44€474k€207k▼
Suppliers440/4€474k€207k▼
Taxes, remuneration and social security45€285€164▼
Taxes450/3€285€164▼
Other amounts payable47/48€18.89M€32.80M▲
Accrued charges and deferred income492/3€370k€660k▲
Income statement
Code20232024
Operating income70/76A€2.28M€1.07M▼
Turnover70€2.08M€907k▼
Other operating income74€22k€15k▼
Non-recurring operating income76A€175k€150k▼
Operating charges60/66A€2.37M€1.49M▼
Services and other goods61€1.93M€948k▼
Remuneration, social security and pensions62€52k€-366▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€240k€161k▼
Other operating charges640/8€960€968▲
Non-recurring operating charges66A€150k€379k▲
Operating profit (loss)9901€-95k€-417k▼
Financial income75/76B€925k€3.18M▲
Recurring financial income75€925k€3.18M▲
Income from financial fixed assets750-€450k
Income from current assets751€807k€2.73M▲
Other financial income752/9€118k-
Financial charges65/66B€63.27M€52.39M▼
Recurring financial charges65€765k€36.39M▲
Debt charges650€757k€2.70M▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€33.68M
Other financial charges652/9€7k€4k▼
Non-recurring financial charges66B€62.50M€16.00M▼
Profit (loss) for the period before taxes9903€-62.44M€-49.63M▲
Income taxes67/77-€164
Taxes670/3-€164
Profit (loss) for the period9904€-62.44M€-49.63M▲
Transfer from tax-exempt reserves789€105k-
Profit (loss) for the period to be appropriated9905€-62.33M€-49.63M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62.33M€-111.96M▼
Profit (loss) brought forward from the previous period14P-€-62.33M
Social balance
Average headcount (FTE)90871.2-
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-05
State Gazette act
Resignations: Christopher McArdle, Rodrigo Rondon Köster Jardim and 4 othersAppointments: Albert Boogert (director) and Valentijn de Neve (director) · Power of attorney · Shareholding16 facts ▸
State Gazette act
Resignations: Christopher McArdle, Rodrigo Rondon Köster Jardim and 4 others
Appointments: Albert Boogert (director) and Valentijn de Neve (director) · Power of attorney · Shareholding16 facts ▸
- Director resignation, Christopher McArdle (director)
- Director resignation, Rodrigo Rondon Köster Jardim (director)
- Director resignation, Klaartje Vermeulen (director)
- Director appointment, Albert Boogert (director)
- Director appointment, Valentijn de Neve (director)
- Power of attorney, Peter De Ryck
- Power of attorney, Louise Berrier
- Power of attorney, Benjamin Louwaege
- Power of attorney, Viktor D'hooge
- Power of attorney
- Director resignation, Rohny Vanbrabant (day-to-day manager)
- Director resignation, Gert Vanderseypen (day-to-day manager)
- +4 further facts in this act
17-04
State Gazette act
Statutes amendmentShare class · Name change · Power of attorney10 facts ▸
State Gazette act
Statutes amendment
Share class · Name change · Power of attorney10 facts ▸
- General meeting, 30-03-2026
- Share class, afschaffing
- Name change, BlueAlp Oostende
- Statutes amendment, 1
- Statutes amendment
- Power of attorney, Peter De Ryck
- Power of attorney, Louise Berrier
- Power of attorney, Benjamin Louwaege
- Power of attorney, Viktor D’hooge
- Capital, €156.529.273,33
08-04
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Statutes amendment · Power of attorney5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Statutes amendment · Power of attorney5 facts ▸
- General meeting, 26-03-2026
- Capital increase, €1.700.000
- Statutes amendment, 5
- Power of attorney
- Power of attorney, Renasci
09-03
State Gazette act
Capital & sharesShareholding1 fact ▸
State Gazette act
Capital & shares
Shareholding1 fact ▸
- Shareholding, 06-02-2026, een aandeelhouder
17-02
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Declaration · Statutes amendment11 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Declaration · Statutes amendment11 facts ▸
- General meeting, 29-01-2026
- Other statement, Verzaking aan het opstellen van de uitgifteverslaggeving
- Other statement, Kennisname van de verslagen
- Capital increase, €23.000.000
- Other statement, Afstand van het voorkeurrecht
- Other statement, Inschrijving en storting op de nieuwe aandelen
- Declaration, Storting op de nieuwe aandelen, EUR
- Other statement, Vaststelling van de verwezenlijking van de kapitaalverhoging
- Statutes amendment, 5
- Other statement, Volmacht voor de coördinatie
- Other statement, Machten aan het bestuursorgaan
09-01
State Gazette act
Capital & shares · Statutes amendmentAuditor report · Share issue · Statutes amendment10 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Auditor report · Share issue · Statutes amendment10 facts ▸
- General meeting, buitengewone algemene vergadering
- General meeting, Kennisname van de verslagen
- Auditor report, 18-12-2025
- Share issue, klasse D, 4419582
- General meeting, 131829273.33, klasse D
- General meeting, 44195820, EUR
- General meeting, Vaststelling van de verwezenlijking van de kapitaalverhoging
- Statutes amendment, 5
- General meeting, Volmacht voor de coördinatie
- General meeting, Machten aan het bestuursorgaan
2025
17-12
State Gazette act
Resignation: Erik Van Praet (director)Appointment: Klaartje Vermeulen (d bestuurder)3 facts ▸
State Gazette act
Resignation: Erik Van Praet (director)
Appointment: Klaartje Vermeulen (d bestuurder)3 facts ▸
- General meeting, 09-10-2025
- Director resignation, Erik Van Praet (director)
- Director appointment, Klaartje Vermeulen (d bestuurder)
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
24-02
State Gazette act
Resignation: Philipp Naderer (director)Appointment: Rodrigo Rondon Köster Jardim (director) · Permanent representative: Patrick Houvenaghel3 facts ▸
State Gazette act
Resignation: Philipp Naderer (director)
Appointment: Rodrigo Rondon Köster Jardim (director) · Permanent representative: Patrick Houvenaghel3 facts ▸
- Director resignation, Philipp Naderer (director)
- Director appointment, Rodrigo Rondon Köster Jardim (director)
- Permanent representative, Patrick Houvenaghel
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 77 days late
15-10
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 01-10-2024
- Capital increase, €16.000.000
- Capital, €87.633.453,33
- Statutes amendment
24-01
State Gazette act
Resignation: Wim De Smet (director)Power of attorney3 facts ▸
State Gazette act
Resignation: Wim De Smet (director)
Power of attorney3 facts ▸
- General meeting, 27-12-2023
- Director resignation, Wim De Smet (director)
- Power of attorney, Allen & Overy (Belgium) LLP
Show earlier events
22-01
State Gazette act
Resignation: Luc Desender (day-to-day manager)Power of attorney3 facts ▸
State Gazette act
Resignation: Luc Desender (day-to-day manager)
Power of attorney3 facts ▸
- Board meeting, 30-11-2023
- Director resignation, Luc Desender (day-to-day manager)
- Power of attorney, Erik Van Praet
15-01
State Gazette act
Resignations: Luc Desender, Guy De Clercq and 2 othersPower of attorney6 facts ▸
State Gazette act
Resignations: Luc Desender, Guy De Clercq and 2 others
Power of attorney6 facts ▸
- General meeting, 30-11-2023
- Director resignation, Luc Desender (director)
- Director resignation, Guy De Clercq (director)
- Director resignation, Ludo Kelchtermans (director)
- Director resignation, Carlo Vermeersch (director)
- Power of attorney, Allen & Overy (Belgium) LLP
2023
31-12
Financial
Weakest financial yearnet €-62.44M
Net result drops to €-62.44M, the lowest in the series; recovery starts the following year.
18-10
State Gazette act
Appointments: KPMG BEDRIJFSREVISOREN BV/SRL, Ludo Kelchtermans and Houvenaghel Comm.VPermanent representatives: Brecht BUYSSCHAERT and Patrick Houvenaghel · Resignations: Paul De fauw (director) and Saxum Management BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance en support functions) · Auditor termination12 facts ▸
State Gazette act
Appointments: KPMG BEDRIJFSREVISOREN BV/SRL, Ludo Kelchtermans and Houvenaghel Comm.V
Permanent representatives: Brecht BUYSSCHAERT and Patrick Houvenaghel · Resignations: Paul De fauw (director) and Saxum Management BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance en support functions) · Auditor termination12 facts ▸
- General meeting, 09-06-2023
- Auditor termination, early termination
- Auditor appointment, KPMG BEDRIJFSREVISOREN BV/SRL (statutory auditor)
- Permanent representative, Brecht BUYSSCHAERT
- General meeting, 07-07-2023
- Director resignation, Paul De fauw (director)
- Director appointment, Ludo Kelchtermans (class A director)
- Board meeting, 26-04-2023
- Director resignation, Saxum Management BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance en support functions)
- Board meeting, 27-07-2023
- Director appointment, Houvenaghel Comm.V (dagelijks bestuurder, lid van het uitvoerend comité, head of finance and support functions)
- Permanent representative, Patrick Houvenaghel
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
06-04
State Gazette act
Resignation: Julano BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance)Permanent representatives: David De Brabant and Kristof Beuren · Appointment: Saxum Management BV (head of finance) · Internal regulation change6 facts ▸
State Gazette act
Resignation: Julano BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance)
Permanent representatives: David De Brabant and Kristof Beuren · Appointment: Saxum Management BV (head of finance) · Internal regulation change6 facts ▸
- Board meeting, 26-10-2022
- Director resignation, Julano BV (dagelijks bestuurder, lid van het uitvoerend comité, head of finance)
- Permanent representative, David De Brabant
- Director appointment, Saxum Management BV (head of finance)
- Permanent representative, Kristof Beuren
- Internal regulation change, Samenvoeging van de titel 'Head of Support functions' en 'Head of Finance' tot 'Head of Finance'; aanpassing intern reglement uitvoerend comité
29-03
State Gazette act
Resignations: Thomas Van De Velde (director) and D.C. Beheer NV (chair of the board)Appointments: Christopher McArdle, Philipp Naderer and 2 others · Power of attorney11 facts ▸
State Gazette act
Resignations: Thomas Van De Velde (director) and D.C. Beheer NV (chair of the board)
Appointments: Christopher McArdle, Philipp Naderer and 2 others · Power of attorney11 facts ▸
- General meeting, 14/03/2023
- Director resignation, Thomas Van De Velde (director)
- Director appointment, Christopher McArdle (director)
- Director appointment, Philipp Naderer (director)
- Director appointment, Wim De Smet (director)
- Power of attorney, Allen & Overy (Belgium) LLP
- Board meeting, 14/03/2023
- Director resignation, D.C. Beheer NV (chair of the board)
- Director appointment, Erik Van Praet (chair of the board)
- Director appointment, Christopher McArdle (vertegenwoordiger in de raad van aandeelhouders (shareholders' board))
- Power of attorney, Allen & Overy (Belgium) LLP
27-01
State Gazette act
Resignation: Renasci (director)Appointments: DE CLERCQ Guy, DESENDER Luc and 4 others · Capital increase · Bank account14 facts ▸
State Gazette act
Resignation: Renasci (director)
Appointments: DE CLERCQ Guy, DESENDER Luc and 4 others · Capital increase · Bank account14 facts ▸
- General meeting, 10-01-2023
- Capital increase, €5.000.000
- Bank account, BNP Paribas Fortis
- Capital, €71.633.453,33
- Registered-office move, 8400 Oostende, Marie Curielaan 10
- Director resignation, Renasci (director)
- Director appointment, DE CLERCQ Guy (director)
- Director appointment, DESENDER Luc (director)
- Director appointment, DE fAUW, Paul Emiel Peter (director)
- Director appointment, Vermeersch, Carlo (director)
- Director appointment, VAN DE VELDE Thomas (director)
- Director appointment, VAN PRAET Erik (director)
- +2 further facts in this act
2022
31-12
Financial
Equity above €50MEq €68.52M ▲50.2%
Equity rises from €45.62M to €68.52M.
21-11
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 09-11-2022
- Capital increase, €23.999.808
- Capital, €66.633.453,33
- Statutes amendment
14-10
State Gazette act
Resignation: Hans Thys (dagelijks bestuurder en lid van het uitvoerend comité)Appointment: Rohnny Vanbrabant (dagelijks bestuurder en lid van het uitvoerend comité)5 facts ▸
State Gazette act
Resignation: Hans Thys (dagelijks bestuurder en lid van het uitvoerend comité)
Appointment: Rohnny Vanbrabant (dagelijks bestuurder en lid van het uitvoerend comité)5 facts ▸
- Board meeting, 25-05-2022
- Director resignation, Hans Thys (dagelijks bestuurder en lid van het uitvoerend comité)
- Director resignation, Hans Thys (head of operations)
- Director appointment, Rohnny Vanbrabant (dagelijks bestuurder en lid van het uitvoerend comité)
- Director appointment, Rohnny Vanbrabant (head of operations)
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
28-03
State Gazette act
Resignation: Gilles De Clercq (director)Appointments: Paul De Fauw, FIGURAD BEDRIJFSREVISOREN and 6 others · Permanent representatives: Kristof Beuren, David De Brabant and Victor Schouten · Statutes amendment20 facts ▸
State Gazette act
Resignation: Gilles De Clercq (director)
Appointments: Paul De Fauw, FIGURAD BEDRIJFSREVISOREN and 6 others · Permanent representatives: Kristof Beuren, David De Brabant and Victor Schouten · Statutes amendment20 facts ▸
- General meeting, 25-02-2022
- Board meeting, 23-02-2022
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Director resignation, Gilles De Clercq (director)
- Director appointment, Paul De Fauw (director)
- Auditor appointment, FIGURAD BEDRIJFSREVISOREN (statutory auditor)
- Director appointment, Gert Vanderseypen (dagelijks bestuurder / general manager)
- +8 further facts in this act
2021
31-12
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
31-12
Financial
Liquidity times 36current ratio 175.83
Current ratio from 4.86 to 175.83; short-term debt falls from €470k to €228k.
31-12
Financial
Equity above €25MEq €45.62M ▲258%
Equity rises from €12.74M to €45.62M.
16-08
State Gazette act
Resignation: Renasci (director)Appointments: DE CLERCQ Guy, DESENDER Luc and 6 others · Capital increase · Bank account16 facts ▸
State Gazette act
Resignation: Renasci (director)
Appointments: DE CLERCQ Guy, DESENDER Luc and 6 others · Capital increase · Bank account16 facts ▸
- General meeting, 24-06-2021
- Capital increase, €25.000.000
- Bank account, BNP Paribas Fortis NV
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Director resignation, Renasci (director)
- Director appointment, DE CLERCQ Guy (director)
- Director appointment, DESENDER Luc (director)
- Director appointment, DE CLERCQ Gilles (director)
- Director appointment, VERMEERSCH Carlo (director)
- Director appointment, VERMEERSCH Nico (director)
- +4 further facts in this act
13-08
State Gazette act
Capital & sharesCapital · Capital increase · Bank account8 facts ▸
State Gazette act
Capital & shares
Capital · Capital increase · Bank account8 facts ▸
- General meeting, 04-06-2021
- Capital, €9.865.000
- Capital increase, €7.768.645,33
- Bank account, BNP Paribas Fortis
- Capital, €17.633.645,33
- Power of attorney, De Deyne, Verhoeye, Accountants en Belastingsconsulenten
- Share class creation, C
- Preemption waiver, wettelijk voorkeurrecht
18-06
State Gazette act
Resignations: D.C. BEHEER NV, DESENDER Luc and Axel De BuysscherAppointments: D.C. BEHEER NV (director) and DESENDER Luc (director) · Permanent representative: DE CLERCQ Guy11 facts ▸
State Gazette act
Resignations: D.C. BEHEER NV, DESENDER Luc and Axel De Buysscher
Appointments: D.C. BEHEER NV (director) and DESENDER Luc (director) · Permanent representative: DE CLERCQ Guy11 facts ▸
- General meeting, 19-06-2020
- Director resignation, D.C. BEHEER NV (director)
- Director resignation, DESENDER Luc (director)
- Director appointment, D.C. BEHEER NV (director)
- Director appointment, DESENDER Luc (director)
- Permanent representative, DE CLERCQ Guy
- Board meeting, 19-06-2020
- Director appointment, DESENDER Luc (managing director)
- Director appointment, D.C. BEHEER NV (chair of the board)
- General meeting, 20-05-2021
- Director resignation, Axel De Buysscher (director)
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €10MEq €12.74M ▲31.8%
Equity rises from €9.67M to €12.74M.
03-07
State Gazette act
Capital & sharesCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 22-06-2020
- Capital increase, €469.174,93
- Bank account, BNP Paribas Fortis
- Capital increase, €3.530.825,07
- Capital, €9.864.999,97
- Statutes amendment
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
12-02
State Gazette act
Capital & sharesName change · Capital decrease · Capital6 facts ▸
State Gazette act
Capital & shares
Name change · Capital decrease · Capital6 facts ▸
- General meeting, 30-01-2020
- Name change, Renasci
- Capital decrease, €750.000
- Capital, €5.865.000
- Statutes amendment
- Power of attorney, De Deyne, Verhoeye, Accountants en Belastingsconsulenten
2019
31-12
Financial
Back to profitnet €3.14M
Net result €3.14M after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 7.39
Current ratio from 1.26 to 7.39; short-term debt falls from €514k to €448k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-12
State Gazette act
Appointments: VCA Invest bvba (managing director) and D.C. Beheer nv (chair)Permanent representative: Guy De Clercq4 facts ▸
State Gazette act
Appointments: VCA Invest bvba (managing director) and D.C. Beheer nv (chair)
Permanent representative: Guy De Clercq4 facts ▸
- Board meeting, 12-11-2018
- Director appointment, VCA Invest bvba (managing director)
- Director appointment, D.C. Beheer nv (chair)
- Permanent representative, Guy De Clercq
19-11
State Gazette act
Resignation: De Clercq, Guy Hendrik Mario (director)Appointments: De Buysscher, Axel Leo Raf Ria (director) and VCA INVEST (director) · Permanent representative: Vermeersch, Carlo · Capital increase13 facts ▸
State Gazette act
Resignation: De Clercq, Guy Hendrik Mario (director)
Appointments: De Buysscher, Axel Leo Raf Ria (director) and VCA INVEST (director) · Permanent representative: Vermeersch, Carlo · Capital increase13 facts ▸
- General meeting, 06-11-2018
- Capital increase, €47.306
- Bank account, KBC Bank
- Capital increase, €6.502.694
- Capital, €6.615.000
- Statutes amendment
- Director resignation, De Clercq, Guy Hendrik Mario (director)
- Director appointment, De Buysscher, Axel Leo Raf Ria (director)
- Director appointment, VCA INVEST (director)
- Permanent representative, Vermeersch, Carlo
- Mandate compensation, De Buysscher, Axel Leo Raf Ria
- Mandate compensation, VCA INVEST
- +1 further facts in this act
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
22-08
State Gazette act
Resignation: TCH Consult bvba. (director)Appointments: Guy De Clercq (managing director) and Luc Desender (managing director)5 facts ▸
State Gazette act
Resignation: TCH Consult bvba. (director)
Appointments: Guy De Clercq (managing director) and Luc Desender (managing director)5 facts ▸
- General meeting, 01-08-2017
- Director resignation, TCH Consult bvba. (director)
- Board meeting, 01-08-2017
- Director appointment, Guy De Clercq (managing director)
- Director appointment, Luc Desender (managing director)
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
23-01
State Gazette act
Appointment: Luc Desender (director)2 facts ▸
State Gazette act
Appointment: Luc Desender (director)
2 facts ▸
- General meeting, 29-12-2016
- Director appointment, Luc Desender (director)
03-01
State Gazette act
Appointment: Guy De Clercq (chair of the board)Permanent representative: Guy De Clercq3 facts ▸
State Gazette act
Appointment: Guy De Clercq (chair of the board)
Permanent representative: Guy De Clercq3 facts ▸
- Board meeting, 22-11-2016
- Director appointment, Guy De Clercq (chair of the board)
- Permanent representative, Guy De Clercq
2015
05-05
State Gazette act
IncorporationAppointments: D.C. Beheer, TCH Consult and De Clercq, Guy Hendrik Mario · Permanent representatives: De Clercq, Guy Hendrik Mario and Cloostermans-Huwaert, Thibault Fernand Cecile Gerard · Founding capital12 facts ▸
State Gazette act
Incorporation
Appointments: D.C. Beheer, TCH Consult and De Clercq, Guy Hendrik Mario · Permanent representatives: De Clercq, Guy Hendrik Mario and Cloostermans-Huwaert, Thibault Fernand Cecile Gerard · Founding capital12 facts ▸
- Incorporation, 30-04-2015
- Founding capital, €65.000
- Bank account, KBC Bank
- Director appointment, D.C. Beheer (director)
- Permanent representative, De Clercq, Guy Hendrik Mario
- Director appointment, TCH Consult (director)
- Permanent representative, Cloostermans-Huwaert, Thibault Fernand Cecile Gerard
- Director appointment, De Clercq, Guy Hendrik Mario (director)
- Mandate compensation, D.C. Beheer
- Mandate compensation, TCH Consult
- Mandate compensation, De Clercq, Guy Hendrik Mario
- Power of attorney, De Deyne, Verhoeye Accountants en Belastingconsulenten
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 directors, no change since 2026
Albert Boogert
CurrentDirector · since 30-03-2026
Valentijn de Neve
CurrentDirector · since 30-03-2026
Houvenaghel
CurrentDagelijks bestuurder, lid van het uitvoerend comité, head of finance and support functions · since 01-08-2023 · Limited partnership · perm. rep.: Patrick Houvenaghel
Rohnny Vanbrabant
CurrentDagelijks bestuurder en lid van het uitvoerend comité · since 01-06-2022
Schouten engineering & consulting BV
CurrentDagelijks bestuurder / head of td&e · since 23-02-2022 · Legal entity · perm. rep.: Victor Schouten
DUFOUR Frédéric
CurrentDirector · since 24-06-2021
5 other directors
VERMEERSCH Nico
CurrentDirector · since 24-06-2021
D.C. Beheer NV
CurrentDirector · since 19-06-2020 · Legal entity · perm. rep.: DE CLERCQ Guy
VCA Invest bvba
Not recently confirmedManaging director · since 12-11-2018 · Legal entity
VCA INVEST
Not recently confirmedDirector · since 06-11-2018 · Private limited company · perm. rep.: Vermeersch, Carlo
TCH CONSULT
Not recently confirmedDirector · since 30-04-2015 · Private limited company (pre-2019) · perm. rep.: Cloostermans-Huwaert, Thibault Fernand Cecile Gerard
30-03-2026
Albert Boogert: Appointed as Director
30-03-2026
Valentijn de Neve: Appointed as Director
30-03-2026
Christopher McArdle: Resigned as Director
30-03-2026
Gert Vanderseypen: Resigned as Day-to-day manager
30-03-2026
Houvenaghel CommV: Resigned as Day-to-day manager
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marie Curielaan 108400 OostendeGround area
3.5 ha
Building footprint
1.3 ha
Volume, LiDAR
8,478 m³
Parcel 35026D0250/00N000, Flanders · tallest building 7.6 m. Linked by address, not a title deed.
1 establishment unit
BlueAlp Oostende
since 20152.242.337.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026D0250/00N000 | Flanders | 3.5 ha | 1 · 1.3 ha | 7.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| KPMG Bedrijfsrevisoren BV/SRLCurrent Statutory auditor · represented by Brecht BUYSSCHAERT | 09-06-2023 → present |
Show 1 earlier auditors
| Figurad Bedrijfsrevisoren Statutory auditor succeeded by KPMG Bedrijfsrevisoren BV/SRL in 2023 | 25-02-2022 → 09-06-2023 |
Articles of association
Who signs
Two directors jointly
Annual meeting
First Monday of June at 11:00
Duration
Unlimited
Purpose
Managementactiviteiten, advies en consultancy in de meest ruime betekenis; Het verlenen van ondersteuningsdiensten ten behoeve van het management en ondernemingen; Het verlenen van…
Full purpose (9 activities)
- Managementactiviteiten, advies en consultancy in de meest ruime betekenis
- Het verlenen van ondersteuningsdiensten ten behoeve van het management en ondernemingen
- Het verlenen van bedrijfsadviezen, reclameadviezen, marketing, bedrijfsvoering en productinnovaties
- Het selecteren, trainen en opleiden van personeelsleden ten behoeve van ondernemingen
- Alle holdingactiviteiten, zoals het kopen, verkopen, verwerven bij wijze van inbreng of anderszins, van deelnemingen en aandelen in al dan niet beursgenoteerde ondernemingen; de vennootschap kan, op welke wijze ook, belangen nemen in alle verenigingen, zaken, ondernemingen of vennootschappen die haar onderneming kunnen bevorderen of de afzet van haar diensten kunnen vergemakkelijken
- Het waarnemen van mandaten als bestuurder, zaakvoerder, vereffenaar of anderszins in gelijk welke rechtspersonen
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, in eender welke vorm, het zich in dit kader borg stellen of aval verlenen, in de meest ruime zin, alle handelsoperaties en financiële operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, wat onder meer inhoudt alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerende vermogen, wat onder meer inhoudt alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop, het beheren van aandelen, aandelenopties, obligaties, kasbons, afgeleide producten of andere roerende waarden, van welke vorm ook, uitgegeven door Belgische of buitenlandse emittenten
Other provisions of the articles (13)
- Legal form clause: BlueAlp Oostende
- Registered office clause: Vlaamse Gewest, bij beslissing van het bestuursorgaan
- Board rule (2)
- Meeting access
- Proxy rule
- Voting rule
- Profit allocation
- Dissolution rule
- Liquidation distribution
- Liquidation rule
- Board rule: collegiaal bestuursorgaan, raad van bestuur, natuurlijke of rechtspersonen, al dan niet aandeelhouders
- 1 more provision in the deed
Structure & network
Connections & network
36 connected companiesLinked via shared directors
via DUFOUR Frédéric · Director
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via DUFOUR Frédéric · Director
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via VERMEERSCH Nico · Permanent representative
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via DUFOUR Frédéric · Director
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Show 32 more companies with a shared director
via VERMEERSCH Nico · Day-to-day manager
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Capital and shareholders
Shareholders according to the acts
At incorporation
act of 05-05-2015 ↗
- D.C. Beheer (BE 0859.658.936) 16,250 shares (25%)
- TCH Consult (BE 0848.098.714) 16,250 shares (25%)
- TRIDES (BE 0629.692.821) 32,500 shares (50%)
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 17-04-2026 Capital stated in the act · 156,529,273.33 EUR · 8,500,183 shares
- 08-04-2026 Capital increase of 1,700,000 EUR · to 156,529,273.33 EUR · no new shares · in cash
- 17-02-2026 Capital increase of 23,000,000 EUR · to 154,829,273.33 EUR · 2,300,000 new shares · in cash
- 15-10-2024 Capital increase of 16,000,000 EUR · to 87,633,453.33 EUR · 1,600,000 new shares
- 27-01-2023 Capital increase of 5,000,000 EUR · to 71,633,453.33 EUR · 7,000 new shares
- 21-11-2022 Capital increase of 23,999,808 EUR · to 66,633,453.33 EUR · 33,600 new shares · in kind
- 16-08-2021 Capital increase of 25,000,000 EUR · to 42,633,645.33 EUR · 14,000 new shares
- 13-08-2021 Capital increase of 7,768,645.33 EUR · to 17,633,645.33 EUR · 4,711 new shares
Show 6 older capital entries
- 03-07-2020 Capital increase of 469,174.93 EUR · to 6,334,174.93 EUR · 8,984 new shares
- 03-07-2020 Capital increase of 3,530,825.07 EUR · to 9,864,999.97 EUR · no new shares · from reserves
- 12-02-2020 Capital reduction of 750,000 EUR · to 5,865,000 EUR · repaid to the shareholders
- 19-11-2018 Capital increase of 47,306 EUR · to 112,306 EUR · 47,306 new shares
- 19-11-2018 Capital increase of 6,502,694 EUR · to 6,615,000 EUR · from reserves
- 05-05-2015 Incorporation · 65,000 EUR · 65,000 shares
Public money · subsidies and aid
European Union, budget
2022 · 4 entries · 280,459 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 4 | 280,459 EUR |
Projects
REPURPOSE - RECYCLABLE ELASTOMERIC PLASTICS SAFELY AND SUSTAINABLY DESIGNED AND PRODUCED VIA ENZYMATIC RECYCLING OF POST-CONSUMER WASTE STREAMS
European research
2 projects · 912,305 EUR EU contributionProgrammes
Horizon 2020
Horizon Europe
Projects
Development of competitive, next generation biofuels from municipal solid waste
Recyclable Elastomeric Plastics safely and sUstainably designed and produced via enzymatic Recycling of Post-cOnsumer waSte strEams
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 6,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-04-2015
Fiscal year end31-12
Legal name NL
Renasci
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.