ACTIVE

BALTEAU I.E.

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

3 M €

-13.3% YoY

Revenue

23,2 M €

-24.7% YoY

Equity

7,5 M €

+0.0% YoY

Workforce

127,8 ETP

-7.8% YoY

What does BALTEAU I.E. do?

BALTEAU I.E. is a Public limited company incorporated in 1983. Its main activity is: Production of electricity. Its registered office is in Saint-Nicolas. It employs on average 127,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.965.422

Incorporation

10/05/1983

Legal form

Public limited company

Registered office

Rue des Martyrs 115
4420 Saint-Nicolas · WallonieSee on map

Contributed capital

2 578 996,00 €

Latest accounts

31/12/2024

Average workforce

127,8 ETP

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 40110Production d'électricité 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories+12

Joint committees (3)

14901
200
218

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	23,2 M €	-24.7%	30,9 M €	+8.8%	28,4 M €	+30.1%	21,8 M €	-20.0%	27,3 M €	-29.7%	38,7 M €	+16.6%	33,2 M €	+24.7%	26,6 M €	-3.4%	27,6 M €	-21.1%	35 M €	+5.7%	33,1 M €	+3.3%	32 M €	+1.9%	31,4 M €	+37.7%	22,8 M €	-6.2%	24,3 M €	-12.2%	27,7 M €	+18.6%	23,4 M €	-8.0%	25,4 M €	+24.2%	20,5 M €
EBITDA	1,3 M €	-57.0%	3 M €	+543%	469,7 k €	+110%	-4,7 M €	-252%	3,1 M €	+2.9%	3 M €	+79.5%	1,7 M €	+67.0%	1 M €	+24.6%	809,5 k €	-58.8%	2 M €	+109%	942,5 k €	-9.6%	1 M €	-51.6%	2,2 M €	+227%	658,6 k €	-35.5%	1 M €	-10.4%	1,1 M €	-15.1%	1,3 M €	+1.3%	1,3 M €	+91.3%	693,1 k €
Operating result	1,6 M €	-46.1%	2,9 M €	+233%	870,8 k €	-13.0%	1 M €	-8.9%	1,1 M €	+93.1%	569,3 k €	-31.7%	833 k €	+20.5%	691,4 k €	-30.4%	993,6 k €	-18.3%	1,2 M €	-20.4%	1,5 M €	+50.7%	1 M €	+65.2%	613,5 k €	+80.3%	340,3 k €	-52.5%	716,5 k €	-23.2%	932,9 k €	-24.9%	1,2 M €	+21.7%	1 M €	+92.7%	529,9 k €
Net result	3 M €	-13.3%	3,4 M €	+147%	1,4 M €	-22.2%	1,8 M €	+3.5%	1,7 M €	+74.4%	991,9 k €	+32.2%	750,2 k €	-0.1%	750,8 k €	+29.4%	580,3 k €	-19.5%	720,6 k €	-19.6%	895,8 k €	+53.3%	584,5 k €	-29.2%	825,9 k €	+17.7%	701,5 k €	-62.0%	1,8 M €	+201%	613 k €	-28.3%	854,9 k €	+28.9%	663,2 k €	+99.0%	333,3 k €
Balance sheet
Equity	7,5 M €	+0.0%	7,5 M €	+0.1%	7,5 M €	+0.1%	7,5 M €	+0.0%	7,5 M €	-0.2%	7,5 M €	+0.0%	7,5 M €	+0.0%	7,5 M €	+0.0%	7,5 M €	-5.9%	8 M €	+9.9%	7,3 M €	+14.1%	6,4 M €	+10.1%	5,8 M €	-2.9%	6 M €	+31.7%	4,5 M €	+35.9%	3,3 M €	-6.0%	3,5 M €	+31.9%	2,7 M €	+32.8%	2 M €
Total assets	16 M €	-16.5%	19,1 M €	+13.1%	16,9 M €	-6.3%	18,1 M €	+2.7%	17,6 M €	-25.2%	23,5 M €	+9.9%	21,4 M €	+11.3%	19,2 M €	+14.4%	16,8 M €	-6.4%	17,9 M €	-11.3%	20,2 M €	+13.0%	17,9 M €	-13.3%	20,6 M €	+38.8%	14,9 M €	+29.7%	11,5 M €	+18.9%	9,6 M €	+4.1%	9,3 M €	-12.4%	10,6 M €	+3.4%	10,2 M €
Cash	2,2 M €	-38.5%	3,6 M €	+99.1%	1,8 M €	-27.0%	2,5 M €	-1.8%	2,5 M €	-29.6%	3,6 M €	+41.8%	2,5 M €	+30.2%	1,9 M €	+0.9%	1,9 M €	-35.5%	3 M €	+12.5%	2,7 M €	-0.8%	2,7 M €	+26.8%	2,1 M €	+134%	902,1 k €	+35.7%	664,5 k €	-17.6%	806,8 k €	+43.5%	562,1 k €	-55.1%	1,3 M €	+208%	406,5 k €
Debts	8,4 M €	-26.9%	11,5 M €	+24.1%	9,3 M €	-10.4%	10,4 M €	+7.1%	9,7 M €	-38.9%	15,9 M €	+16.9%	13,6 M €	+20.0%	11,3 M €	+30.2%	8,7 M €	-11.1%	9,8 M €	-23.8%	12,8 M €	+12.4%	11,4 M €	-22.7%	14,8 M €	+67.3%	8,8 M €	+28.8%	6,9 M €	+8.9%	6,3 M €	+9.9%	5,7 M €	-27.4%	7,9 M €	-3.9%	8,2 M €
Other
Workforce	127,8 ETP	-7.8%	138,6 ETP	-0.5%	139,3 ETP	-1.0%	140,7 ETP	-6.9%	151,2 ETP	+0.4%	150,6 ETP	-3.1%	155,4 ETP	-1.9%	158,4 ETP	-0.2%	158,7 ETP	-0.5%	159,5 ETP	+3.4%	154,3 ETP	+3.8%	148,6 ETP	+2.5%	145,0 ETP	+7.9%	134,4 ETP	+5.7%	127,2 ETP	+2.2%	124,5 ETP	+19.5%	104,2 ETP	+53.7%	67,8 ETP	+36.4%	49,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 62 ended

Active mandates

IMMOBILIERE DU CHAINAY

Director · since 29 juin 2023 · until 03 avril 2025 · 0450.174.624

Represented by Georges Loix

Active

Antoine Mouhanna

Director · since 27 mai 2022 · until 19 juin 2025

Active

Giuseppe Buono

Director · since 27 mai 2022 · until 19 juin 2025

Active

MAYARI

Director · since 27 mai 2022 · until 19 juin 2025 · 0830.857.458

Represented by Juan Rizzo Di Carlo

Active

Pascal Rommès

Director · since 27 mai 2022 · until 19 juin 2025

Active

Salvatore Picone

Director · since 27 mai 2022 · until 19 juin 2025

Active

JSR CONSULT

Managing director · since 24 mai 2022 · until 19 juin 2025 · 0806.884.305

Represented by Salvatore Rizzo

Active

Ended mandates

IMMOBILIERE DU CHAINAY

Director · since 29 juin 2023 · until 20 juin 2024 · 0450.174.624

Represented by Georges Loix

Ended

Antoine Mouhanna

Director · since 27 mai 2022 · until 30 mai 2025

Ended

Giuseppe Buono

Director · since 27 mai 2022 · until 30 mai 2025

Ended

IMMOBILIERE DU CHAINAY

Director · since 27 mai 2022 · until 29 juin 2023 · 0450.174.624

Represented by Georges Loix

Ended

At this address

Other companies at this address

Company	CBE no.
ALARME CONTROLE● Active	0444.361.651
AVROY 38● Active	0690.923.278
A.V. TECHNOLOGY● Active	0694.568.795
BALTEAU GROUP● Active	0654.759.304
BEHIND THE WHEEL● Active	0792.638.765
ENGENEERING CABLING SYSTEM● Active	0438.198.587
IMMOBILIERE DE TILLEUR● Active	0667.632.786
IMMOBILIERE OMC● Active	0786.598.041
IMMORIPRO● Active	0416.871.950
INTERSYSTO● Active	0882.009.221
MASANA● Active	0881.505.514
N.C. PARACHEVEMENT● Active	0824.690.535
PARTFIN● Active	0654.711.693
SERVICE PARTNER● Active	0459.762.083
Société Simple Momentanée BALTEAU IE SA - NEWELEC SA● Active	0787.561.212
Société simple momentanée des SA BALTEAU IE - COLLIGNON ENG (CORA)● Active	1029.892.748
Société Simple Momentanée des SA BALTEAU IE - NEWELEC - NSI VOLTA● Active	1035.358.895
T.C.S.● Active	0467.027.878
TCS - D-FI - Montefiore● Active	1009.462.667

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/07/2025	08/07/2024	30/06/2023	30/06/2022	25/06/2021	25/06/2020
General meeting	19/06/2025	20/06/2024	29/06/2023	27/05/2022	28/05/2021	12/06/2020
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	19/06/2025	11/07/2025	French	PDF
Full model	31/12/2023	20/06/2024	08/07/2024	French	PDF
Full model	31/12/2022	29/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	27/05/2022	30/06/2022	French	PDF
Full model	31/12/2020	28/05/2021	25/06/2021	French	PDF
Full model	31/12/2019	12/06/2020	25/06/2020	French	PDF
Full model	31/12/2018	31/05/2019	07/06/2019	French	PDF
Full model	31/12/2017	25/05/2018	27/06/2018	French	PDF
Full model	31/12/2016	26/05/2017	28/06/2017	French	PDF
Consolidated accounts	31/12/2016	26/05/2017	28/06/2017	French	PDF
Full model	31/12/2015	27/05/2016	23/06/2016	French	PDF
Full model	31/12/2014	29/05/2015	04/06/2015	French	PDF
Full model	31/12/2013	30/05/2014	16/06/2014	French	PDF
Full model	31/12/2012	31/05/2013	21/06/2013	French	PDF
Full model	31/12/2011	29/10/2012	15/11/2012	French	PDF
Full model	31/12/2010	27/05/2011	15/07/2011	French	PDF
Full model	31/12/2009	18/06/2010	26/07/2010	French	PDF
Full model	31/12/2008	19/06/2009	17/07/2009	French	PDF
Full model	31/12/2007	30/05/2008	16/06/2008	French	PDF
Full model	31/12/2006	15/06/2007	12/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 62 ended

Active mandates

IMMOBILIERE DU CHAINAY

Director · since 29 juin 2023 · until 03 avril 2025 · 0450.174.624

Represented by Georges Loix

Active

Antoine Mouhanna

Director · since 27 mai 2022 · until 19 juin 2025

Active

Giuseppe Buono

Director · since 27 mai 2022 · until 19 juin 2025

Active

MAYARI

Director · since 27 mai 2022 · until 19 juin 2025 · 0830.857.458

Represented by Juan Rizzo Di Carlo

Active

Pascal Rommès

Director · since 27 mai 2022 · until 19 juin 2025

Active

Salvatore Picone

Director · since 27 mai 2022 · until 19 juin 2025

Active

JSR CONSULT

Managing director · since 24 mai 2022 · until 19 juin 2025 · 0806.884.305

Represented by Salvatore Rizzo

Active

Ended mandates

IMMOBILIERE DU CHAINAY

Director · since 29 juin 2023 · until 20 juin 2024 · 0450.174.624

Represented by Georges Loix

Ended

Antoine Mouhanna

Director · since 27 mai 2022 · until 30 mai 2025

Ended

Giuseppe Buono

Director · since 27 mai 2022 · until 30 mai 2025

Ended

IMMOBILIERE DU CHAINAY

Director · since 27 mai 2022 · until 29 juin 2023 · 0450.174.624

Represented by Georges Loix

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2025
DEMISSIONS, NOMINATIONS
PDF
Other07/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates23/04/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2024
DEMISSIONS, NOMINATIONS
PDF
Other04/04/2024
OBJET
PDF
Mandates09/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates20/10/2023
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 20243 M €↓
2023
Annual accounts 20233,4 M €↑
2022
Annual accounts 20221,4 M €↓
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 20201,7 M €↑
2019
Annual accounts 2019991,9 k €↑
2018
Annual accounts 2018750,2 k €↓
2017
Annual accounts 2017750,8 k €↑
2016
Annual accounts 2016580,3 k €↓
2015
Annual accounts 2015720,6 k €↓
2014
Annual accounts 2014895,8 k €↑
2013
Annual accounts 2013584,5 k €↓
2012
Annual accounts 2012825,9 k €↑
2011
Annual accounts 2011701,5 k €↓
2010
Annual accounts 20101,8 M €↑
2009
Annual accounts 2009613 k €↓
2008
Annual accounts 2008854,9 k €↑
2007
Annual accounts 2007663,2 k €↑
2006
Annual accounts 2006333,3 k €
10/05/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BALTEAU I.E.

Overview

What does BALTEAU I.E. do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline