BTG
0419.015.254 · rovalta.com · 23/09/2026
ACTIVE
BTG
Financial year 2025 · closed on 31/12/2025
Net result
242,8 k €
+128.1% YoY
Gross margin
1,1 M €
+19.5% YoY
Equity
261,8 k €
+14.4% YoY
Workforce
12,6 ETP
-13.7% YoY
Overview
What does BTG do?
BTG is a Public limited company incorporated in 1979. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Namur. It employs on average 12,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0419.015.254
Incorporation
03/01/1979
Legal form
Public limited company
Registered office
Rue des Scabieuses(NN) 9
5100 Namur · WallonieSee on map
5100 Namur · WallonieSee on map
Contributed capital
175 025,10 €
Latest accounts
31/12/2025
Average workforce
12,6 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | +19.5% | 928,9 k € | +35.8% | 684,2 k € | -11.5% | 773 k € | +7.9% | 716,1 k € | +26.8% | 564,6 k € | -13.6% | 653,4 k € | -12.6% | 748 k € | -16.1% | 891,2 k € | +46.8% | 607,1 k € | -43.9% | 1,1 M € | -10.6% | 1,2 M € | +7.9% | 1,1 M € | -16.4% | 1,3 M € | -13.1% | 1,5 M € | +28.3% | 1,2 M € | -19.8% | 1,5 M € | +2.2% | 1,5 M € | +2.5% | 1,4 M € | +13.9% | 1,3 M € |
| EBITDA | 367,7 k € | +77.9% | 206,7 k € | +192% | 70,9 k € | +1247% | -6,2 k € | -108% | 75,7 k € | +51.6% | 49,9 k € | -41.9% | 86 k € | -48.1% | 165,6 k € | -13.9% | 192,3 k € | +309% | -92,2 k € | -168% | 135,4 k € | -31.1% | 196,6 k € | -0.5% | 197,6 k € | -12.4% | 225,6 k € | -23.9% | 296,4 k € | +653% | 39,4 k € | -79.0% | 187,3 k € | +12.4% | 166,7 k € | -0.1% | 166,9 k € | +1782% | -9,9 k € |
| Operating result | 330,6 k € | +92.1% | 172,1 k € | +275% | 45,9 k € | -6.1% | 48,9 k € | +11.8% | 43,8 k € | -4.6% | 45,9 k € | +5.6% | 43,5 k € | -42.4% | 75,4 k € | -28.4% | 105,4 k € | +352% | -41,7 k € | -147% | 89,2 k € | -0.1% | 89,3 k € | +18.7% | 75,2 k € | -11.1% | 84,6 k € | -41.7% | 145,1 k € | +256% | -93 k € | -228% | 72,6 k € | -29.2% | 102,7 k € | -16.5% | 123 k € | +249% | -82,4 k € |
| Net result | 242,8 k € | +128% | 106,4 k € | +322% | 25,2 k € | +1.9% | 24,7 k € | +30.4% | 19 k € | +69.3% | 11,2 k € | +333% | 2,6 k € | -92.9% | 36,4 k € | -25.9% | 49,1 k € | +154% | -90,7 k € | -958% | 10,6 k € | -61.4% | 27,3 k € | +446% | 5 k € | -84.0% | 31,4 k € | -48.8% | 61,3 k € | +142% | -147 k € | -601% | 29,3 k € | -21.4% | 37,3 k € | -56.6% | 85,9 k € | +190% | -95,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 261,8 k € | +14.4% | 228,8 k € | -30.4% | 328,9 k € | +8.3% | 303,7 k € | -24.9% | 404,5 k € | +4.9% | 385,6 k € | +2.6% | 375,9 k € | +0.3% | 374,8 k € | +10.2% | 340 k € | +16.1% | 292,8 k € | -24.4% | 387,2 k € | +1.8% | 380,4 k € | +6.6% | 356,9 k € | +1.0% | 353,3 k € | +11.0% | 318,4 k € | +32.0% | 241,3 k € | -37.9% | 388,3 k € | +1.1% | 384 k € | +3.3% | 371,7 k € | +24.8% | 297,7 k € |
| Total assets | 1,4 M € | -12.4% | 1,6 M € | +0.6% | 1,6 M € | +18.4% | 1,3 M € | -12.4% | 1,5 M € | -6.5% | 1,6 M € | -5.9% | 1,7 M € | -12.3% | 1,9 M € | -6.2% | 2,1 M € | +0.5% | 2,1 M € | -7.8% | 2,2 M € | -12.1% | 2,5 M € | -5.1% | 2,7 M € | +2.6% | 2,6 M € | -16.9% | 3,1 M € | -1.8% | 3,2 M € | +13.6% | 2,8 M € | +19.6% | 2,4 M € | +11.4% | 2,1 M € | -1.0% | 2,1 M € |
| Cash | 337 k € | +13.1% | 297,9 k € | +59.8% | 186,3 k € | +85.5% | 100,5 k € | -0.6% | 101,1 k € | +21.5% | 83,2 k € | +31.8% | 63,1 k € | +115% | 29,4 k € | -76.8% | 127 k € | +92.9% | 65,8 k € | +308% | 16,1 k € | -2.4% | 16,5 k € | -81.2% | 87,9 k € | +4746% | 1,8 k € | -83.4% | 10,9 k € | -86.0% | 77,7 k € | +32.2% | 58,8 k € | -59.6% | 145,5 k € | +24.0% | 117,4 k € | -46.9% | 221 k € |
| Debts | 1,1 M € | -17.9% | 1,3 M € | +8.8% | 1,2 M € | +21.4% | 1 M € | -7.8% | 1,1 M € | -10.1% | 1,2 M € | -8.0% | 1,3 M € | -15.5% | 1,6 M € | -9.3% | 1,7 M € | -2.0% | 1,8 M € | -4.2% | 1,8 M € | -14.4% | 2,2 M € | -6.9% | 2,3 M € | +3.6% | 2,2 M € | -20.0% | 2,8 M € | -5.2% | 2,9 M € | +23.2% | 2,4 M € | +23.0% | 1,9 M € | +13.3% | 1,7 M € | -5.6% | 1,8 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 12,6 ETP | -13.7% | 14,6 ETP | +23.7% | 11,8 ETP | 0.0% | 11,8 ETP | 0.0% | 11,8 ETP | 0.0% | 11,8 ETP | -7.8% | 12,8 ETP | +20.8% | 10,6 ETP | -27.4% | 14,6 ETP | -13.6% | 16,9 ETP | -12.0% | 19,2 ETP | -5.4% | 20,3 ETP | -2.4% | 20,8 ETP | -11.5% | 23,5 ETP | -6.0% | 25,0 ETP | +1.2% | 24,7 ETP | -14.2% | 28,8 ETP | +3.6% | 27,8 ETP | +0.7% | 27,6 ETP | -1.8% | 28,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 16/07/2026 | 17/06/2025 | 05/09/2024 | 27/07/2023 | 05/07/2022 | 25/06/2021 |
| General meeting | 20/05/2026 | 21/05/2025 | 15/05/2024 | 17/05/2023 | 18/05/2022 | 16/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/05/2026 | 16/07/2026 | French | |
| Abridged model | 31/12/2024 | 21/05/2025 | 17/06/2025 | French | |
| Abridged model | 31/12/2023 | 15/05/2024 | 05/09/2024 | French | |
| Abridged model | 31/12/2022 | 17/05/2023 | 27/07/2023 | French | |
| Abridged model | 31/12/2021 | 18/05/2022 | 05/07/2022 | French | |
| Abridged model | 31/12/2020 | 16/06/2021 | 25/06/2021 | French | |
| Abridged model | 31/12/2019 | 20/05/2020 | 18/06/2020 | French | |
| Abridged model | 31/12/2018 | 15/05/2019 | 27/07/2019 | French | |
| Abridged model | 31/12/2017 | 03/05/2018 | 09/05/2018 | French | |
| Abridged model | 31/12/2016 | 25/04/2017 | 16/05/2017 | French | |
| Abridged model | 31/12/2015 | 28/05/2016 | 09/06/2016 | French | |
| Abridged model | 31/12/2014 | 23/05/2015 | 16/06/2015 | French | |
| Abridged model | 31/12/2013 | 24/05/2014 | 19/06/2014 | French | |
| Abridged model | 31/12/2012 | 28/06/2013 | 27/08/2013 | French | |
| Abridged model | 31/12/2011 | 26/05/2012 | 02/07/2012 | French | |
| Abridged model | 31/12/2010 | 23/05/2011 | 07/07/2011 | French | |
| Abridged model | 31/12/2009 | 01/06/2010 | 14/06/2010 | French | |
| Abridged model | 31/12/2008 | 26/05/2009 | 29/08/2009 | French | |
| Abridged model | 31/12/2007 | 27/05/2008 | 02/08/2008 | French | |
| Abridged model | 31/12/2006 | 07/06/2007 | 16/08/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/01/2024DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Restructuring20/01/2023CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring24/11/2022RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates28/06/2021DEMISSIONS, NOMINATIONS
- Mandates07/07/2015DEMISSIONS, NOMINATIONS
- Mandates09/12/2014DEMISSIONS, NOMINATIONS
- Mandates01/08/2012DEMISSIONS, NOMINATIONS
- Mandates08/06/2011DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025242,8 k €↑
- 2024Annual accounts 2024106,4 k €↑
- 2023Annual accounts 202325,2 k €↑
- 2022Annual accounts 202224,7 k €↑
- 2021Annual accounts 202119 k €↑
- 2020Annual accounts 202011,2 k €↑
- 2019Annual accounts 20192,6 k €↓
- 2018Annual accounts 201836,4 k €↓
- 2017Annual accounts 201749,1 k €↑
- 2016Annual accounts 2016-90,7 k €↓
- 2015Annual accounts 201510,6 k €↓
- 2014Annual accounts 201427,3 k €↑
- 2013Annual accounts 20135 k €↓
- 2012Annual accounts 201231,4 k €↓
- 2011Annual accounts 201161,3 k €↑
- 2010Annual accounts 2010-147 k €↓
- 2009Annual accounts 200929,3 k €↓
- 2008Annual accounts 200837,3 k €↓
- 2007Annual accounts 200785,9 k €↑
- 2006Annual accounts 2006-95,8 k €
- 03/01/1979IncorporationPublic limited company