ACTIVE

OLD SMUGGLER

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Financial year 2025 · Closed on 31/12/2025

Net result
67 k €
+52,0 %over 1 year
Gross margin
532,7 k €
+7,2 %over 1 year
Equity
834,5 k €
+2,0 %over 1 year
Workforce
10,1 ETP
-5,6 %over 1 year

Identity

Source · BCE/KBO

OLD SMUGGLER is a Private limited company incorporated in 1986. Its registered office is in Büllingen. It employs on average 10,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.432.658
Incorporation
25/08/1986
Legal form
Private limited company
Registered office
Hergersberg 1
4760 Büllingen · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
10,1 ETP
Joint committees (2)
  • 201
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin532,7 k €496,7 k €455 k €463,6 k €346,3 k €
EBITDA194 k €146,5 k €163,3 k €186,4 k €97,8 k €
Operating result122,9 k €86,1 k €106 k €125,9 k €39,5 k €
Net result67 k €44,1 k €49 k €74,3 k €13,6 k €
Balance sheet
Equity834,5 k €818,1 k €774,1 k €725 k €650,8 k €
Total assets966,1 k €974 k €962 k €1,1 M €914,5 k €
Cash283,7 k €308,2 k €318,2 k €338,4 k €197,9 k €
Debts131,6 k €155,9 k €187,9 k €326,1 k €262,5 k €
Other
Workforce10,1 ETP10,7 ETP9,0 ETP8,6 ETP8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Michael Balter

Director

Active

Ended mandates

Guido Balter

Director

Ended
Hermann-Josef Balter

Manager

Ended

Other companies at this address

Hergersberg 1 4760 Büllingen
CompanyCBE no.
EIFEL - GALERIE● Active
0416.892.637
KRIPPANA● Active
0435.576.322

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date27/07/202625/09/202523/09/202405/10/202305/10/202228/09/2021
General meeting17/07/202623/09/202528/06/202423/06/202324/06/202225/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/07/202627/07/2026GermanPDF
Abridged model31/12/202423/09/202525/09/2025GermanPDF
Abridged model31/12/202328/06/202423/09/2024GermanPDF
Abridged model31/12/202223/06/202305/10/2023GermanPDF
Abridged model31/12/202124/06/202205/10/2022GermanPDF
Abridged model31/12/202025/06/202128/09/2021GermanPDF
Abridged model31/12/201926/06/202026/10/2020GermanPDF
Abridged model31/12/201828/06/201910/10/2019GermanPDF
Abridged model31/12/201722/06/201826/06/2018GermanPDF
Abridged model31/12/201623/06/201705/07/2017GermanPDF
Abridged model31/12/201524/06/201622/08/2016GermanPDF
Abridged model31/12/201426/06/201506/07/2015GermanPDF
Abridged model31/12/201327/06/201423/07/2014GermanPDF
Abridged model31/12/201228/06/201328/08/2013GermanPDF
Abridged model31/12/201129/06/201211/07/2012GermanPDF
Abridged model31/12/201024/06/201107/07/2011GermanPDF
Abridged model31/12/200925/06/201030/08/2010FrenchPDF
Abridged model31/12/200827/06/200918/08/2009GermanPDF
Abridged model31/12/200728/06/200829/09/2008GermanPDF
Abridged model31/12/200622/06/200701/08/2007FrenchPDF

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.

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

1 active · 2 ended

Active mandates

Michael Balter

Director

Active

Ended mandates

Guido Balter

Director

Ended
Hermann-Josef Balter

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/12/2024
    KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …) - AENDERUNG RECHTSFORM
    PDF
  • Mandates29/03/2021
    ENTLASSUNG - ERNENNUNG
    PDF
  • Registered office02/01/2014
    GESELLSCHAFTSSITZ
    PDF
  • Mandates31/08/2007
    GESELLSCHAFTSSITZ - ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates06/01/2004
    ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG - KAPITAL - AKTIEN - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202567 k €↑
  2. 2024
    Annual accounts 202444,1 k €↓
  3. 2023
    Annual accounts 202349 k €↓
  4. 2022
    Annual accounts 202274,3 k €↑
  5. 2021
    Annual accounts 202113,6 k €↓
  6. 2020
    Annual accounts 202037,8 k €↑
  7. 2019
    Annual accounts 201914,3 k €↓
  8. 2018
    Annual accounts 201815,4 k €↑
  9. 2017
    Annual accounts 20172 k €↓
  10. 2016
    Annual accounts 201610,6 k €↓
  11. 2015
    Annual accounts 201512,2 k €↓
  12. 2014
    Annual accounts 201419,2 k €↓
  13. 2013
    Annual accounts 201322,3 k €↑
  14. 2012
    Annual accounts 201211,8 k €↓
  15. 2011
    Annual accounts 201123,8 k €↑
  16. 2010
    Annual accounts 201016,9 k €↓
  17. 2009
    Annual accounts 200926,3 k €↓
  18. 2008
    Annual accounts 200829,5 k €↑
  19. 2007
    Annual accounts 200724,7 k €↑
  20. 2006
    Annual accounts 20064,3 k €
  21. 25/08/1986
    IncorporationPrivate limited company