ACTIVE

BTN

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Financial year 2025 · Closed on 31/12/2025

Net result1,6 M €+274,2 %over 1 year

Revenue31,1 M €+6,7 %over 1 year

Equity7,3 M €+22,3 %over 1 year

Workforce153,5 ETP+10,8 %over 1 year

Identity

Source · BCE/KBO

BTN is a Public limited company incorporated in 1983. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Dison. It employs on average 153,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0424.672.928
Incorporation: 25/08/1983
Legal form: Public limited company
Registered office: Rue du Progrès 16
4821 Dison · WallonieSee on map
Contributed capital: 148 800,00 €
Latest accounts: 31/12/2025
Average workforce: 153,5 ETP

Activities (NACE)

28250Manufacture of non-domestic cooling and ventilation equipment· main 28250Manufacture of non-domestic cooling and ventilation equipment 29230Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade 51900Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	31,1 M €	+6.7%	29,2 M €	+0.9%	28,9 M €	+6.4%	27,2 M €	+48.0%	18,3 M €
EBITDA	3,8 M €	+91.5%	2 M €	-30.9%	2,9 M €	+41.7%	2 M €	+43.7%	1,4 M €
Operating result	2,6 M €	+137%	1,1 M €	-42.6%	1,9 M €	+30.3%	1,5 M €	+71.6%	864,7 k €
Net result	1,6 M €	+274%	440 k €	-63.3%	1,2 M €	+20.8%	991,7 k €	+83.3%	541 k €
Balance sheet
Equity	7,3 M €	+22.3%	6 M €	+6.5%	5,6 M €	+20.1%	4,7 M €	+8.4%	4,3 M €
Total assets	17 M €	+13.8%	14,9 M €	+16.5%	12,8 M €	-1.5%	13 M €	+40.0%	9,3 M €
Cash	2,1 M €	+102%	1 M €	+7.1%	954,3 k €	-16.1%	1,1 M €	+0.9%	1,1 M €
Debts	9,2 M €	+6.4%	8,7 M €	+25.1%	6,9 M €	-17.0%	8,3 M €	+67.5%	5 M €
Other
Workforce	153,5 ETP	+10.8%	138,6 ETP	+10.8%	125,1 ETP	+9.4%	114,4 ETP	+22.2%	93,6 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

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COV CONSULT0890.297.276	Chairman of the board of directors16/05/2017 → 02/06/2029Director29/09/2011 → 2016 accountsended
HH CONSULT0839.345.849	Managing director29/09/2011 → 02/06/2029
FRANSSEN LC0548.852.130Represented by Laurent Franssen	Director16/05/2017 → 16/05/2026
JG CONSULT0468.102.697Represented by Jean Gruslin	Director16/05/2017 → 16/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS0437.216.117Represented by Margit Veithen	Director29/09/2011 → 2014 accounts
SNC Arnold Gillet0821.186.360Represented by Arnold Gillet	Director29/09/2011 → 29/09/2017

Other companies at this address

Rue du Progrès 16 4821 Dison

Company	CBE no.
IMMO YSOLDE● Active	0743.648.322
LE PLENESSES CLUB● Active	0826.015.772

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	02/07/2026	02/07/2025	26/07/2024	30/08/2023	10/08/2022	29/06/2021
General meeting	12/06/2026	06/06/2025	06/06/2024	02/06/2023	19/05/2022	19/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	02/07/2026	French	PDF
Full model	31/12/2024	06/06/2025	02/07/2025	French	PDF
Full model	31/12/2023	06/06/2024	26/07/2024	French	PDF
Full model	31/12/2022	02/06/2023	30/08/2023	French	PDF
Full model	31/12/2021	19/05/2022	10/08/2022	French	PDF
Full model	31/12/2020	19/05/2021	29/06/2021	French	PDF
Full model	31/12/2019	26/06/2020	07/07/2020	French	PDF
Full model	31/12/2018	09/05/2019	13/08/2019	French	PDF
Full model	31/12/2017	22/05/2018	22/08/2018	French	PDF
Full model	31/12/2016	16/05/2017	04/07/2017	French	PDF
Full modelCorrection	31/12/2015	03/05/2016	26/08/2016	French	PDF
Full model	31/12/2015	03/05/2016	04/08/2016	French	PDF
Full model	31/12/2014	29/05/2015	29/07/2015	French	PDF
Full model	31/12/2013	20/05/2014	22/08/2014	French	PDF
Full model	31/12/2012	21/05/2013	06/06/2013	French	PDF
Full model	31/12/2011	24/05/2012	05/07/2012	French	PDF
Full modelCorrection	31/12/2010	17/05/2011	09/11/2011	French	PDF
Full model	31/12/2010	17/05/2011	23/08/2011	French	PDF
Full model	31/12/2009	18/05/2010	31/05/2010	French	PDF
Full model	31/12/2008	19/05/2009	16/06/2009	French	PDF
Full model	31/12/2007	30/06/2008	16/07/2008	French	PDF
Full model	31/12/2006	23/05/2007	11/06/2007	French	PDF

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

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COV CONSULT0890.297.276	Chairman of the board of directors16/05/2017 → 02/06/2029Director29/09/2011 → 2016 accountsended
HH CONSULT0839.345.849	Managing director29/09/2011 → 02/06/2029
FRANSSEN LC0548.852.130Represented by Laurent Franssen	Director16/05/2017 → 16/05/2026
JG CONSULT0468.102.697Represented by Jean Gruslin	Director16/05/2017 → 16/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS0437.216.117Represented by Margit Veithen	Director29/09/2011 → 2014 accounts
SNC Arnold Gillet0821.186.360Represented by Arnold Gillet	Director29/09/2011 → 29/09/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates09/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates09/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates07/05/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates14/06/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates27/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates13/06/2014
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

HH CONSULT

COV CONSULT

JG CONSULT

FRANSSEN LC

ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

SNC Arnold Gillet

OLDICO

HELMUT HEYEN

NOSHAQ

Société d'Investissement du Bassin liégeois

SPARAXIS

Jean Paul COLLARD

Show the 5 other mandates

19831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

BTNBATTERIES TOUSSAINT NYSSENNE

Rue du Progrès 16, 4821 Andrimont

Managing director

Chairman of the board of directorsDirector

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Progrès 16, 4821 AndrimontCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00250174

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BTNCurrent	accounts 2011 → 2025	Accounts 2025 · 2026-00250174
BTN	accounts 2010	Accounts 2010 · 2011-60500485
BATTERIES TOUSSAINT NYSSENNE	accounts 2010	Accounts 2010 · 2011-42300597
BATTERIES TOUSSAINT NYSSENNE	accounts 2006 → 2009	Accounts 2009 · 2010-14900107

Events

2025
Annual accounts 20251,6 M €↑
2024
Annual accounts 2024440 k €↓
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022991,7 k €↑
2021
Annual accounts 2021541 k €↓
2020
Annual accounts 20201,2 M €↓
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017568,3 k €↑
2016
Annual accounts 2016429,1 k €↓
2015
Annual accounts 2015609 k €↑
2014
Annual accounts 2014332,1 k €↓
2013
Annual accounts 2013763,5 k €↑
2012
Annual accounts 2012517,5 k €↑
2011
Annual accounts 2011515,7 k €↑
2011
Name changeBTN
2010
Annual accounts 2010437,7 k €↓
2010
Name changeBATTERIES TOUSSAINT NYSSENNE
2010
Name changeBTN
2009
Annual accounts 2009522,6 k €↑
2008
Annual accounts 2008318,2 k €↓
2007
Annual accounts 2007336,9 k €↑
2006
Annual accounts 2006115,1 k €
25/08/1983
IncorporationPublic limited company

BTN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events