Director of Dutch football Jean Paul Decossaux said in a statement: "We have respect for what Danny meant for us and for the team during his tenure".
"But we have to take our time".
The 55-year-old had questioned his own future following Saturday's loss in Sofia, which left the Dutch six points off the pace at the halfway stage of the European qualifying campaign for the 2018 finals in Russian Federation. They finished third in 2014. Danny Blind's side was well beaten by Spas Delev's brace inside 20 minutes in Sofia, the striker capitalising on hesitant defending from 17-year-old debutant Matthijs de Ligt.
"There was a lot wrong", said the skipper.
Arjen Robben confessed the defeat was "a nightmare and the first half was deplorable".
Robben refused to single out De Ligt, the Ajax prospect with just 14 prior senior appearances, who was caught under a long ball for Bulgaria's opener, allowing Delev in to score.
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Her reactions were hilarious, especially when a sex scene popped up onscreen and she recoiled at the "gross" kissing sounds. Marion was then shown working as a notary public, where she was turned down for a promotion and a pay rise.
The gamble to cap the teenager may have backfired but the federation backed Blind on this decision.
The tactician also took a risk by dropping Wesley Sneijder, while Stefan de Vrij pulled out with a knee injury.
And really, this isn't de Ligt's fault.
After the match Blind told journalists that the task of qualifying for Russian Federation had become harder and questioned whether he was still the man for the job.
Danny Blind has confirmed that he will not step down from his role with Netherlands and wants to be in charge for the friendly with Italy on Tuesday.