ACTIVE

BALTA INDUSTRIES

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Financial year 2025 · closed on 31/03/2025

Net result

6,3 M €

+10.3% YoY

Revenue

167,9 M €

-12.1% YoY

Equity

32,1 M €

-27.5% YoY

Workforce

869,2 ETP

-11.9% YoY

What does BALTA INDUSTRIES do?

BALTA INDUSTRIES is a Public limited company incorporated in 1990. Its main activity is: Manufacture of carpets and rugs. Its registered office is in Wielsbeke. It employs on average 869,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.533.409

Incorporation

01/10/1990

Legal form

Public limited company

Registered office

Wakkensteenweg(S.B.V.) 2
8710 Wielsbeke · FlandreSee on map

Contributed capital

50 193 277,00 €

Latest accounts

31/03/2025

Average workforce

869,2 ETP

Activities (NACE)

13930Manufacture of carpets and rugs· main 13930Manufacture of carpets and rugs 17510Manufacture of paper and paper products 13960Manufacture of other technical and industrial textiles 13960Manufacture of other technical and industrial textiles 17240Manufacture of wallpaper+6

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	167,9 M €	-12.1%	191,1 M €	-33.3%	286,6 M €	-40.0%	478,1 M €	+37.3%	348,3 M €	-11.2%	392 M €	-6.4%	419 M €	-12.7%	480,1 M €	+3.4%	464,3 M €	+2.9%	451,2 M €	+7.1%	421,2 M €	+12.0%	375,9 M €	-5.8%	399,2 M €	-9.1%	439,2 M €	-1.1%	444,1 M €	+12.1%	396,2 M €	-8.5%	433,1 M €
EBITDA	15,9 M €	+30.4%	12,2 M €	+217%	-10,5 M €	-124%	43,5 M €	+115%	20,2 M €	+240%	5,9 M €	-72.1%	21,3 M €	-18.2%	26,1 M €	-29.8%	37,1 M €	+31.2%	28,3 M €	-12.5%	32,3 M €	+50.9%	21,4 M €	-14.7%	25,1 M €	-10.8%	28,2 M €	-37.3%	44,9 M €	-3.1%	46,4 M €	+43.4%	32,3 M €
Operating result	16,6 M €	-39.6%	27,5 M €	+152%	-52,5 M €	-251%	34,8 M €	+207%	11,4 M €	+74123%	-15,4 k €	-100%	11,5 M €	-23.5%	15 M €	-44.8%	27,2 M €	+63.8%	16,6 M €	-23.8%	21,8 M €	+35.0%	16,2 M €	+5.8%	15,3 M €	-20.0%	19,1 M €	-45.4%	35 M €	-5.7%	37,1 M €	+84.1%	20,1 M €
Net result	6,3 M €	+10.3%	5,7 M €	+108%	-69,4 M €	-1217%	6,2 M €	+149%	-12,7 M €	-114%	89,9 M €	+3145%	-3 M €	+88.3%	-25,2 M €	-76.3%	-14,3 M €	-41.8%	-10,1 M €	-267%	-2,7 M €	-102%	133,1 M €	+7569%	-1,8 M €	-192%	1,9 M €	-92.9%	27,1 M €	-3.2%	28 M €	-60.7%	71,2 M €
Balance sheet
Equity	32,1 M €	-27.5%	44,3 M €	+14.9%	38,5 M €	-4.4%	40,3 M €	-47.8%	77,1 M €	-14.2%	89,8 M €	+16.8%	76,9 M €	-3.7%	79,8 M €	-23.9%	104,9 M €	-12.0%	119,2 M €	-24.5%	157,8 M €	-1.7%	160,6 M €	-14.1%	186,8 M €	-0.9%	188,6 M €	+1.0%	186,7 M €	+17.0%	159,6 M €	+21.3%	131,6 M €
Total assets	301 M €	-4.4%	315 M €	-11.3%	355,1 M €	+15.4%	307,6 M €	-30.5%	442,3 M €	-9.3%	487,4 M €	-9.6%	539,1 M €	-0.9%	543,7 M €	-2.1%	555,4 M €	-2.6%	570,2 M €	-4.4%	596,4 M €	-17.6%	723,5 M €	+24.7%	580,1 M €	-2.9%	597,6 M €	-2.7%	614,5 M €	-0.8%	619,2 M €	-21.4%	787,7 M €
Cash	6,9 M €	+94.8%	3,5 M €	+61.3%	2,2 M €	-94.8%	42 M €	-44.0%	74,9 M €	+58.2%	47,4 M €	-8.1%	51,5 M €	+826%	5,6 M €	-80.1%	28 M €	-2.2%	28,7 M €	-55.8%	64,8 M €	+7.8%	60,2 M €	+36252%	165,5 k €	+363%	35,8 k €	-22.6%	46,2 k €	+40.5%	32,9 k €	-99.1%	3,6 M €
Debts	231,3 M €	+5.2%	219,7 M €	-14.4%	256,9 M €	+8.8%	236,1 M €	-25.6%	317,3 M €	-7.8%	344,2 M €	-23.0%	447 M €	+0.0%	446,8 M €	+3.4%	432 M €	+1.0%	427,8 M €	+4.1%	411,1 M €	-23.9%	540,2 M €	+44.6%	373,5 M €	-4.5%	391,1 M €	-4.1%	407,9 M €	-6.6%	436,5 M €	-30.9%	631,9 M €
Other
Workforce	869,2 ETP	-11.9%	986,3 ETP	-31.1%	1 431,5 ETP	-30.1%	2 049,0 ETP	-1.3%	2 076,9 ETP	-4.0%	2 163,3 ETP	-0.6%	2 177,3 ETP	-0.4%	2 185,5 ETP	+3.0%	2 121,6 ETP	-1.1%	2 145,1 ETP	-1.9%	2 186,1 ETP	-5.1%	2 302,4 ETP	-6.4%	2 458,7 ETP	-5.9%	2 612,7 ETP	-1.2%	2 643,3 ETP	+0.5%	2 631,2 ETP	-3.1%	2 716,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 74 ended

Active mandates

Victoria Midco Holdings Ltd

Director · since 16 juin 2025 · until 27 septembre 2030

Represented by Roberto Moreno

Active

MARC DESSEIN

Director · since 29 septembre 2023 · until 26 septembre 2028 · 0834.976.889

Represented by Marc DESSEIN

Active

Ended mandates

LAPIDEX

Director · since 04 avril 2022 · until 17 septembre 2027 · 0887.802.990

Represented by Jan DEBROUWERE

Ended

LAPIDEX

Director · since 04 avril 2022 · until 24 septembre 2027 · 0887.802.990

Represented by Jan DEBROUWERE

Ended

Philippe HAMERS

Director · since 04 avril 2022 · until 17 septembre 2027

Ended

Philippe HAMERS

Director · since 04 avril 2022 · until 24 septembre 2027

Ended

At this address

Other companies at this address

Company	CBE no.
Balta-België● Active	0787.284.860

Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	15 months	12 months	12 months
Filing date	10/10/2025	30/09/2024	04/10/2023	08/11/2022	12/07/2021	08/07/2020
General meeting	26/09/2025	27/09/2024	29/09/2023	07/10/2022	18/06/2021	19/06/2020
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

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Filings

Annual accounts filings

28 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	26/09/2025	10/10/2025	Dutch	PDF
Full model	31/03/2024	27/09/2024	30/09/2024	Dutch	PDF
Full model	31/03/2023	29/09/2023	04/10/2023	Dutch	PDF
Full modelCorrection	31/03/2022	07/10/2022	08/11/2022	Dutch	PDF
Full model	31/03/2022	07/10/2022	10/10/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	27/06/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	22/08/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	01/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	17/07/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	12/07/2013	Dutch	PDF
Consolidated accounts	31/12/2012	01/01/9999	05/08/2014	Dutch	PDF
Full model	31/12/2011	15/06/2012	27/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	10/08/2012	08/10/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	23/06/2011	Dutch	PDF
Consolidated accounts	31/12/2010	29/12/2011	17/04/2012	Dutch	PDF
Full model	31/12/2009	18/06/2010	24/06/2010	Dutch	PDF
Consolidated accounts	31/12/2009	01/06/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	19/06/2009	24/06/2009	Dutch	PDF
Consolidated accounts	31/12/2008	03/08/2009	29/09/2009	Dutch	PDF
Full model	31/12/2007	25/06/2008	30/06/2008	Dutch	PDF

View all 28 filings

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.

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 31/03/2025 · 2 active · 74 ended

Active mandates

Victoria Midco Holdings Ltd

Director · since 16 juin 2025 · until 27 septembre 2030

Represented by Roberto Moreno

Active

MARC DESSEIN

Director · since 29 septembre 2023 · until 26 septembre 2028 · 0834.976.889

Represented by Marc DESSEIN

Active

Ended mandates

LAPIDEX

Director · since 04 avril 2022 · until 17 septembre 2027 · 0887.802.990

Represented by Jan DEBROUWERE

Ended

LAPIDEX

Director · since 04 avril 2022 · until 24 septembre 2027 · 0887.802.990

Represented by Jan DEBROUWERE

Ended

Philippe HAMERS

Director · since 04 avril 2022 · until 17 septembre 2027

Ended

Philippe HAMERS

Director · since 04 avril 2022 · until 24 septembre 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/08/2026
ontslag en benoeming van bestuurders
PDF
Other07/04/2026
DIVERSEN
PDF
Capital / shares31/03/2026
KAPITAAL - AANDELEN
PDF
Capital / shares17/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares12/11/2025
KAPITAAL - AANDELEN
PDF
Capital / shares10/11/2025
KAPITAAL - AANDELEN
PDF
Mandates14/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2025
ONTSLAGEN - BENOEMINGEN
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

26/03/2026
augmentation_capital
26/03/2026
apport
27/11/2025
augmentation_capital
27/11/2025
reduction_capital
05/11/2025
augmentation_capital
30/10/2025
augmentation_capital
26/09/2025
reconductionGrant Thornton Bedrijfsrevisoren BV — commissaris
16/06/2025
nominationVictoria Midco Holdings Ltd. — bestuurder
2025
Annual accounts 20256,3 M €↑
2024
Annual accounts 20245,7 M €↑
29/09/2023
reconductionMarc Dessein bv — bestuurder
2023
Annual accounts 2023-69,4 M €↓
29/03/2023
augmentation_capital
07/10/2022
nominationGrant Thornton Bedrijfsrevisoren CVBA — commissaris
04/04/2022
nominationPhilippe Hamers — bestuurder
31/03/2022
apport
31/03/2022
reduction_capital
2022
Annual accounts 20226,2 M €↑
15/03/2022
nominationPeter Opsomer — commissaris
2020
Annual accounts 2020-12,7 M €↓
2019
Annual accounts 201989,9 M €↑
2018
Annual accounts 2018-3 M €↑
2017
Annual accounts 2017-25,2 M €↓
2016
Annual accounts 2016-14,3 M €↓
2015
Annual accounts 2015-10,1 M €↓
2014
Annual accounts 2014-2,7 M €↓
2013
Annual accounts 2013133,1 M €↑
2012
Annual accounts 2012-1,8 M €↓
2011
Annual accounts 20111,9 M €↓
2010
Annual accounts 201027,1 M €↓
2009
Annual accounts 200928 M €↓
2008
Annual accounts 200871,2 M €
01/10/1990
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

BALTA INDUSTRIES

Overview

What does BALTA INDUSTRIES do?

Trend over 17 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