BALFIN
0440.625.765 · rovalta.com · 23/09/2026
ACTIVE
BALFIN
Financial year 2025 · closed on 30/04/2025
Net result
-32,6 k €
+46.3% YoY
Gross margin
403,5 k €
+19.8% YoY
Equity
606,6 k €
-5.1% YoY
Overview
What does BALFIN do?
BALFIN is a Private limited company incorporated in 1990. Its registered office is in Herentals.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.625.765
Incorporation
14/05/1990
Legal form
Private limited company
Registered office
Belgiëlaan(HRT) 4 box B
2200 Herentals · FlandreSee on map
2200 Herentals · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/04/2025
Joint committees (4)
- 100
- 218
- 323
- 32300
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 403,5 k € | +19.8% | 336,8 k € | -8.6% | 368,5 k € | -25.7% | 496,1 k € | +16.6% | 425,5 k € | -17.1% | 513,4 k € | -5.8% | 545,2 k € | +31.4% | 414,9 k € | -42.6% | 722,5 k € | +99.0% | 363 k € | +3.3% | 351,3 k € | -19.7% | 437,4 k € | -2.1% | 446,5 k € | +7.7% | 414,6 k € | +8.6% | 381,8 k € | +19.6% | 319,2 k € | +47.8% | 216 k € | +53.7% | 140,6 k € |
| EBITDA | 326,1 k € | +29.4% | 252,1 k € | -19.2% | 312,1 k € | -29.9% | 445 k € | +13.5% | 392 k € | +11.4% | 351,7 k € | +21.1% | 290,5 k € | -23.3% | 378,6 k € | -45.3% | 691,6 k € | +109% | 331,4 k € | +3.3% | 320,7 k € | -18.5% | 393,7 k € | +2.1% | 385,7 k € | +8.8% | 354,4 k € | +12.9% | 314 k € | +11.8% | 280,9 k € | +39.8% | 200,9 k € | +52.7% | 131,5 k € |
| Operating result | 132 k € | +80.2% | 73,3 k € | -30.1% | 104,8 k € | -30.1% | 149,9 k € | +58.3% | 94,7 k € | -26.9% | 129,6 k € | +118% | 59,6 k € | -61.0% | 152,9 k € | -64.9% | 436,1 k € | +236% | 129,8 k € | +1.1% | 128,3 k € | -21.9% | 164,3 k € | -4.1% | 171,2 k € | +21.1% | 141,4 k € | +40.2% | 100,8 k € | -2.3% | 103,2 k € | +215% | 32,8 k € | +879% | 3,3 k € |
| Net result | -32,6 k € | +46.3% | -60,8 k € | -761% | 9,2 k € | -84.6% | 59,8 k € | +72.8% | 34,6 k € | +5.7% | 32,7 k € | +325% | -14,6 k € | -125% | 57,9 k € | -47.2% | 109,7 k € | +513% | 17,9 k € | +1.9% | 17,6 k € | +104% | 8,6 k € | -11.6% | 9,7 k € | -43.6% | 17,2 k € | +10.6% | 15,6 k € | -43.0% | 27,3 k € | +270% | -16,1 k € | -89.8% | -8,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 606,6 k € | -5.1% | 639,2 k € | -8.7% | 700 k € | +1.3% | 690,8 k € | +9.5% | 631 k € | +7.6% | 586,2 k € | +5.9% | 553,5 k € | -2.6% | 568,1 k € | +11.4% | 510,1 k € | +27.4% | 400,4 k € | +4.7% | 382,5 k € | +4.8% | 364,9 k € | +2.4% | 356,3 k € | +2.8% | 346,6 k € | +5.2% | 329,3 k € | -12.7% | 377,3 k € | +7.8% | 349,9 k € | -4.4% | 366 k € |
| Total assets | 5,6 M € | -3.7% | 5,8 M € | +3.5% | 5,6 M € | -4.5% | 5,9 M € | +18.5% | 5 M € | +46.8% | 3,4 M € | -7.6% | 3,7 M € | -3.0% | 3,8 M € | -5.9% | 4 M € | +5.9% | 3,8 M € | -4.7% | 4 M € | -4.9% | 4,2 M € | -6.4% | 4,5 M € | -1.7% | 4,5 M € | +72.0% | 2,6 M € | +22.2% | 2,2 M € | +0.5% | 2,1 M € | +39.6% | 1,5 M € |
| Cash | 183,3 k € | -57.8% | 434,5 k € | +1706% | 24,1 k € | -66.6% | 72,1 k € | +50.8% | 47,8 k € | -68.8% | 153 k € | -50.5% | 309 k € | +0.8% | 306,6 k € | +5067811% | 6,1 € | -99.3% | 892,1 € | -99.3% | 132,2 k € | -36.0% | 206,5 k € | +85.2% | 111,5 k € | +15410% | 719,1 € | -93.5% | 11 k € | -92.3% | 142,4 k € | +12855% | 1,1 k € | -82.3% | 6,2 k € |
| Debts | 5 M € | -3.6% | 5,2 M € | +5.4% | 4,9 M € | -5.3% | 5,2 M € | +19.6% | 4,3 M € | +54.9% | 2,8 M € | -10.0% | 3,1 M € | -2.8% | 3,2 M € | -8.2% | 3,5 M € | +3.6% | 3,3 M € | -5.5% | 3,5 M € | -5.7% | 3,7 M € | -7.1% | 4 M € | -1.9% | 4,1 M € | +87.7% | 2,2 M € | +30.0% | 1,7 M € | -0.4% | 1,7 M € | +60.0% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | 0,5 ETP | -50.0% | 1,0 ETP | 0.0% | 1,0 ETP | -50.0% | 2,0 ETP | +122% | 0,9 ETP | – | – | |||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/04/2025 · 1 active · 6 ended
Active mandates
Eric Bal
ActiveEnded mandates
Eric Bal
EndedElly Bal
EndedPatrick Slaets
EndedElly BAL
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/05/2024 | 01/05/2023 | 01/05/2022 | 01/05/2021 | 01/05/2020 | 01/04/2019 |
| Closing of the financial year | 30/04/2025 | 30/04/2024 | 30/04/2023 | 30/04/2022 | 30/04/2021 | 30/04/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 13 months |
| Filing date | 28/11/2025 | 27/11/2024 | 29/11/2023 | 30/11/2022 | 29/11/2021 | 27/11/2020 |
| General meeting | 31/10/2025 | 31/10/2024 | 31/10/2023 | 31/10/2022 | 31/10/2021 | 31/10/2020 |
| 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 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/04/2025 | 31/10/2025 | 28/11/2025 | Dutch | |
| Micro model | 30/04/2024 | 31/10/2024 | 27/11/2024 | Dutch | |
| Micro model | 30/04/2023 | 31/10/2023 | 29/11/2023 | Dutch | |
| Micro model | 30/04/2022 | 31/10/2022 | 30/11/2022 | Dutch | |
| Micro model | 30/04/2021 | 31/10/2021 | 29/11/2021 | Dutch | |
| Micro model | 30/04/2020 | 31/10/2020 | 27/11/2020 | Dutch | |
| Micro model | 31/03/2019 | 30/09/2019 | 30/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 30/09/2018 | 31/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 15/09/2017 | 22/09/2017 | Dutch | |
| Abridged model | 31/03/2016 | 15/09/2016 | 28/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/06/2015 | 14/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 16/06/2014 | 10/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/06/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/06/2012 | 23/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/06/2011 | 14/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/06/2010 | 08/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/06/2009 | 29/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/06/2008 | 20/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 03/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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 30/04/2025 · 1 active · 6 ended
Active mandates
Eric Bal
ActiveEnded mandates
Eric Bal
EndedElly Bal
EndedPatrick Slaets
EndedElly BAL
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates18/02/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates08/04/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates06/02/2017ONTSLAGEN - BENOEMINGEN
- Restructuring29/04/2016DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring26/02/2016RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Other22/01/2016BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates17/07/2014ONTSLAGEN - BENOEMINGEN
- Other01/02/2012STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-32,6 k €↑
- 2024Annual accounts 2024-60,8 k €↓
- 2023Annual accounts 20239,2 k €↓
- 2022Annual accounts 202259,8 k €↑
- 2021Annual accounts 202134,6 k €↑
- 2019Annual accounts 201932,7 k €↑
- 2018Annual accounts 2018-14,6 k €↓
- 2017Annual accounts 201757,9 k €↓
- 2016Annual accounts 2016109,7 k €↑
- 2014Annual accounts 201417,9 k €↑
- 2013Annual accounts 201317,6 k €↑
- 2012Annual accounts 20128,6 k €↓
- 2011Annual accounts 20119,7 k €↓
- 2010Annual accounts 201017,2 k €↑
- 2009Annual accounts 200915,6 k €↓
- 2008Annual accounts 200827,3 k €↑
- 2007Annual accounts 2007-16,1 k €↓
- 2006Annual accounts 2006-8,5 k €
- 14/05/1990IncorporationPrivate limited company