ACTIVE

BALTEAU I.E.

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Financial year 2025 · Closed on 31/12/2025

Net result3,1 M €+4,7 %over 1 year
Revenue30,6 M €+31,8 %over 1 year
Equity7,5 M €+0,0 %over 1 year
Workforce130,4 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

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 130,4 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
2 578 995,00 €
Latest accounts
31/12/2025
Average workforce
130,4 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue30,6 M €23,2 M €30,9 M €28,4 M €21,8 M €
EBITDA2,2 M €1,3 M €3 M €469,7 k €-4,7 M €
Operating result2,5 M €1,6 M €2,9 M €870,8 k €1 M €
Net result3,1 M €3 M €3,4 M €1,4 M €1,8 M €
Balance sheet
Equity7,5 M €7,5 M €7,5 M €7,5 M €7,5 M €
Total assets18,3 M €16 M €19,1 M €16,9 M €18,1 M €
Cash2,8 M €2,2 M €3,6 M €1,8 M €2,5 M €
Debts10,8 M €8,4 M €11,5 M €9,3 M €10,4 M €
Other
Workforce130,4 ETP127,8 ETP138,6 ETP139,3 ETP140,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antoine Mouhanna
Director01/07/2016 → 19/06/2031
Giuseppe Buono
Director01/07/2016 → 19/06/2031
JSR CONSULT0806.884.305Represented by Salvatore Rizzo
Managing director07/10/2008 → 19/06/2031Mandate2010 accountsended
MAYARI0830.857.458Represented by Juan Rizzo Di Carlo
Director01/04/2017 → 19/06/2031
Pascal Rommès
Director01/07/2016 → 30/12/2025
Salvatore Picone
Director01/07/2016 → 19/06/2031
IMMOBILIERE DU CHAINAY0450.174.624Represented by Georges Loix
Director07/10/2008 → 03/04/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CJ CONSULT0807.093.250Represented by José Carabin
Director27/05/2016 → 2021 accounts
BUILDWAYS0837.864.818Represented by Marc Peeters
Director31/01/2014 → 27/05/2016

Other companies at this address

Rue des Martyrs 115 4420 Saint-Nicolas
CompanyCBE 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

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202611/07/202508/07/202430/06/202330/06/202225/06/2021
General meeting18/06/202619/06/202520/06/202429/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202606/07/2026FrenchPDF
Full model31/12/202419/06/202511/07/2025FrenchPDF
Full model31/12/202320/06/202408/07/2024FrenchPDF
Full model31/12/202229/06/202330/06/2023FrenchPDF
Full model31/12/202127/05/202230/06/2022FrenchPDF
Full model31/12/202028/05/202125/06/2021FrenchPDF
Full model31/12/201912/06/202025/06/2020FrenchPDF
Full model31/12/201831/05/201907/06/2019FrenchPDF
Full model31/12/201725/05/201827/06/2018FrenchPDF
Full model31/12/201626/05/201728/06/2017FrenchPDF
Consolidated accounts31/12/201626/05/201728/06/2017FrenchPDF
Full model31/12/201527/05/201623/06/2016FrenchPDF
Full model31/12/201429/05/201504/06/2015FrenchPDF
Full model31/12/201330/05/201416/06/2014FrenchPDF
Full model31/12/201231/05/201321/06/2013FrenchPDF
Full model31/12/201129/10/201215/11/2012FrenchPDF
Full model31/12/201027/05/201115/07/2011FrenchPDF
Full model31/12/200918/06/201026/07/2010FrenchPDF
Full model31/12/200819/06/200917/07/2009FrenchPDF
Full model31/12/200730/05/200816/06/2008FrenchPDF
Full model31/12/200615/06/200712/07/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antoine Mouhanna
Director01/07/2016 → 19/06/2031
Giuseppe Buono
Director01/07/2016 → 19/06/2031
JSR CONSULT0806.884.305Represented by Salvatore Rizzo
Managing director07/10/2008 → 19/06/2031Mandate2010 accountsended
MAYARI0830.857.458Represented by Juan Rizzo Di Carlo
Director01/04/2017 → 19/06/2031
Pascal Rommès
Director01/07/2016 → 30/12/2025
Salvatore Picone
Director01/07/2016 → 19/06/2031
IMMOBILIERE DU CHAINAY0450.174.624Represented by Georges Loix
Director07/10/2008 → 03/04/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CJ CONSULT0807.093.250Represented by José Carabin
Director27/05/2016 → 2021 accounts
BUILDWAYS0837.864.818Represented by Marc Peeters
Director31/01/2014 → 27/05/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/08/2026
    Démission
    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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
JSR CONSULT
MAYARI
Pascal Rommès
Giuseppe Buono
Antoine Mouhanna
Salvatore Picone
IMMOBILIERE DU CHAINAY
CJ CONSULT
PricewaterhouseCoopers Reviseurs d'Entreprises
BUILDWAYS
VPG
Paul Danaux SPRL
1983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
BALTEAU I.E.
Rue des Martyrs 115, 4420 Saint-Nicolas (Liège)
Managing director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue des Martyrs 115, 4420 Saint-Nicolas (Liège)Current
accounts 2022 → 2025
Accounts 2025 · 2026-00257274
Rue Hector Denis 33, 4420 Saint-Nicolas (Liège)
accounts 2021
Accounts 2021 · 2022-20133791

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BALTEAU I.E.Current
accounts 2006 → 2025
Accounts 2025 · 2026-00257274

Events

  1. 2025
    Annual accounts 20253,1 M €↑
  2. 2024
    Annual accounts 20243 M €↓
  3. 2023
    Annual accounts 20233,4 M €↑
  4. 2022
    Annual accounts 20221,4 M €↓
  5. 2021
    Annual accounts 20211,8 M €↑
  6. 2020
    Annual accounts 20201,7 M €↑
  7. 2019
    Annual accounts 2019991,9 k €↑
  8. 2018
    Annual accounts 2018750,2 k €↓
  9. 2017
    Annual accounts 2017750,8 k €↑
  10. 2016
    Annual accounts 2016580,3 k €↓
  11. 2015
    Annual accounts 2015720,6 k €↓
  12. 2014
    Annual accounts 2014895,8 k €↑
  13. 2013
    Annual accounts 2013584,5 k €↓
  14. 2012
    Annual accounts 2012825,9 k €↑
  15. 2011
    Annual accounts 2011701,5 k €↓
  16. 2010
    Annual accounts 20101,8 M €↑
  17. 2009
    Annual accounts 2009613 k €↓
  18. 2008
    Annual accounts 2008854,9 k €↑
  19. 2007
    Annual accounts 2007663,2 k €↑
  20. 2006
    Annual accounts 2006333,3 k €
  21. 10/05/1983
    IncorporationPublic limited company