ACTIVE

B3BACX

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Financial year 2025 · closed on 31/12/2025

Net result

-19,3 k €

-188.0% YoY

Gross margin

-2,8 k €

-108.3% YoY

Equity

-7,8 k €

-168.2% YoY

What does B3BACX do?

B3BACX is a Private limited company incorporated in 1991. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.867.734

Incorporation

12/08/1991

Legal form

Private limited company

Registered office

Ridder Portmansstraat 12 box 1
3500 Hasselt · FlandreSee on map

Contributed capital

37 500,00 €

Latest accounts

31/12/2025

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-2,8 k €	-108%	33,6 k €	+312%	8,1 k €	-49.9%	16,3 k €	+230%	4,9 k €	-92.2%	63,5 k €	+344%	14,3 k €	+209%	-13,1 k €	-339%	5,5 k €	-74.7%	21,7 k €	+2.7%	21,1 k €	-8.8%	23,1 k €	+53.4%	15,1 k €	-7.8%	16,4 k €	-26.1%	22,2 k €	+144%	9,1 k €	+37.6%	6,6 k €	-48.1%	12,7 k €	+1324%	-1 k €	+42.2%	-1,8 k €
EBITDA	-5 k €	-115%	32 k €	+377%	6,7 k €	-45.4%	12,3 k €	+661%	1,6 k €	-97.3%	59,5 k €	+553%	9,1 k €	+157%	-15,9 k €	-654%	2,9 k €	-83.1%	17 k €	-9.0%	18,7 k €	-9.8%	20,7 k €	+57.1%	13,2 k €	-16.1%	15,7 k €	-25.1%	20,9 k €	+148%	8,4 k €	+38.6%	6,1 k €	-51.1%	12,5 k €	+727%	-2 k €	-7.0%	-1,9 k €
Operating result	-18,4 k €	-188%	20,9 k €	+628%	-4 k €	-900%	496 €	+105%	-10 k €	-120%	49,6 k €	+769%	-7,4 k €	+77.1%	-32,4 k €	-225%	-10 k €	-214%	8,8 k €	-14.0%	10,2 k €	-28.0%	14,1 k €	+83.3%	7,7 k €	-45.4%	14,1 k €	-27.7%	19,6 k €	+177%	7,1 k €	+246%	2 k €	-75.4%	8,3 k €	+235%	-6,1 k €	-231%	-1,9 k €
Net result	-19,3 k €	-188%	21,9 k €	+564%	-4,7 k €	-643%	-636,5 €	+94.2%	-10,9 k €	-123%	48,3 k €	+657%	-8,7 k €	+73.9%	-33,2 k €	-217%	-10,4 k €	-223%	8,5 k €	-3.5%	8,8 k €	-17.5%	10,7 k €	+33.4%	8 k €	-42.4%	13,9 k €	-26.4%	18,9 k €	+168%	7,1 k €	+258%	2 k €	-79.3%	9,5 k €	+256%	-6,1 k €	-229%	-1,9 k €
Balance sheet
Equity	-7,8 k €	-168%	11,5 k €	+210%	-10,5 k €	-82.6%	-5,7 k €	-12.5%	-5,1 k €	-187%	5,9 k €	+114%	-42,4 k €	-25.7%	-33,7 k €	-5685%	-583,1 €	-106%	9,9 k €	+630%	1,4 k €	+118%	-7,5 k €	+58.9%	-18,2 k €	+30.6%	-26,2 k €	+34.7%	-40,1 k €	+32.1%	-59,1 k €	+10.7%	-66,1 k €	+2.9%	-68,1 k €	+12.3%	-77,6 k €	-8.5%	-71,5 k €
Total assets	95,3 k €	-20.3%	119,6 k €	+32.4%	90,4 k €	-13.8%	104,9 k €	-5.9%	111,4 k €	-31.7%	163,2 k €	+9.8%	148,6 k €	-6.8%	159,3 k €	+40.9%	113,1 k €	+26.2%	89,6 k €	-11.4%	101,2 k €	+10.4%	91,7 k €	+9.8%	83,5 k €	+41.0%	59,2 k €	+18.4%	50 k €	+172%	18,4 k €	-39.2%	30,3 k €	+10.3%	27,5 k €	-27.1%	37,7 k €	+317%	9 k €
Cash	7,2 k €	+49.9%	4,8 k €	+236%	1,4 k €	-46.1%	2,7 k €	-85.5%	18,4 k €	+5.2%	17,5 k €	+164%	6,6 k €	-39.9%	11 k €	+93.5%	5,7 k €	-35.5%	8,8 k €	-54.0%	19,2 k €	+759%	2,2 k €	-33.6%	3,4 k €	-64.1%	9,4 k €	+910%	929,6 €	-85.2%	6,3 k €	-56.5%	14,4 k €	+261%	4 k €	+2.0%	3,9 k €	+280%	1 k €
Debts	103,2 k €	-4.6%	108,1 k €	+7.2%	100,8 k €	-8.9%	110,6 k €	-5.1%	116,5 k €	-25.9%	157,3 k €	-17.6%	190,9 k €	-1.1%	193,1 k €	+72.7%	111,8 k €	+40.9%	79,4 k €	-18.0%	96,9 k €	+0.5%	96,4 k €	-5.2%	101,7 k €	+19.0%	85,4 k €	-5.2%	90,1 k €	+16.4%	77,5 k €	-19.6%	96,4 k €	+0.9%	95,5 k €	-17.1%	115,3 k €	+43.2%	80,5 k €

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 31/12/2025 · 2 active · 4 ended

Active mandates

Guy, Marie, Jozef Bertels

Director · since 01 janvier 2025

Active

Frank Bertels

Director · since 12 août 1991

Active

Ended mandates

Frank, Gustaaf, Florent Bertels

Director · since 12 août 1991

Ended

Frank, Gustaaf, Florent Bertels

Manager · since 12 août 1991

Ended

Sabine, Hortense, Johan Bertels

Manager · since 12 août 1991 · until 20 mai 2014

Ended

Sabine, Hortense, Johan Bertels

Manager · since 12 août 1991

Ended

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	01/01/2025	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	16/06/2026	05/06/2025	21/06/2024	31/05/2023	20/06/2022	21/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/05/2026	16/06/2026	Dutch	PDF
Micro model	31/12/2024	20/05/2025	05/06/2025	Dutch	PDF
Micro model	31/12/2023	21/05/2024	21/06/2024	Dutch	PDF
Micro model	31/12/2022	16/05/2023	31/05/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	20/06/2022	Dutch	PDF
Micro model	31/12/2020	18/05/2021	21/06/2021	Dutch	PDF
Micro model	31/12/2019	19/05/2020	19/06/2020	Dutch	PDF
Micro model	31/12/2018	21/05/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	15/05/2018	02/07/2018	Dutch	PDF
Micro model	31/12/2016	16/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	31/05/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	25/05/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	22/06/2007	Dutch	PDF
Abridged model	31/12/2005	16/05/2006	15/02/2007	Dutch	PDF

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 31/12/2025 · 2 active · 4 ended

Active mandates

Guy, Marie, Jozef Bertels

Director · since 01 janvier 2025

Active

Frank Bertels

Director · since 12 août 1991

Active

Ended mandates

Frank, Gustaaf, Florent Bertels

Director · since 12 août 1991

Ended

Frank, Gustaaf, Florent Bertels

Manager · since 12 août 1991

Ended

Sabine, Hortense, Johan Bertels

Manager · since 12 août 1991 · until 20 mai 2014

Ended

Sabine, Hortense, Johan Bertels

Manager · since 12 août 1991

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/09/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/07/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Registered office13/06/2007
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 2025-19,3 k €↓
2024
Annual accounts 202421,9 k €↑
2023
Annual accounts 2023-4,7 k €↓
2022
Annual accounts 2022-636,5 €↑
2021
Annual accounts 2021-10,9 k €↓
2020
Annual accounts 202048,3 k €↑
2019
Annual accounts 2019-8,7 k €↑
2018
Annual accounts 2018-33,2 k €↓
2017
Annual accounts 2017-10,4 k €↓
2016
Annual accounts 20168,5 k €↓
2015
Annual accounts 20158,8 k €↓
2014
Annual accounts 201410,7 k €↑
2013
Annual accounts 20138 k €↓
2012
Annual accounts 201213,9 k €↓
2011
Annual accounts 201118,9 k €↑
2010
Annual accounts 20107,1 k €↑
2009
Annual accounts 20092 k €↓
2008
Annual accounts 20089,5 k €↑
2007
Annual accounts 2007-6,1 k €↓
2007
Name changeB3BACX
2006
Annual accounts 2006-1,9 k €
2006
Name changeBALNEA
12/08/1991
IncorporationPrivate 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

B3BACX

Overview

What does B3BACX do?

Trend over 20 financial years

Indicative valuation

Board of directors

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