ACTIVE

BALAK COATINGS

Financial year 2024 · Closed on 31/12/2024

Net result2,2 M €+12,2 %over 1 year
Revenue41,4 M €+2,2 %over 1 year
Equity24,6 M €-7,6 %over 1 year
Workforce42,0 ETP+12,3 %over 1 year

Identity

Source · BCE/KBO

BALAK COATINGS is a Public limited company incorporated in 1994. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Pelt. It employs on average 42,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.884.882
Incorporation
27/06/1994
Legal form
Public limited company
Registered office
Europalaan 31
3900 Pelt · FlandreSee on map
Contributed capital
495 787,05 €
Latest accounts
31/12/2024
Average workforce
42,0 ETP
Joint committees (2)
  • 111
  • 209
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue41,4 M €40,5 M €46,2 M €49,3 M €49,2 M €
EBITDA3 M €3,1 M €3,9 M €12,1 M €7 M €
Operating result2,3 M €2 M €2,5 M €10,6 M €5,6 M €
Net result2,2 M €2 M €2,2 M €7,9 M €4,2 M €
Balance sheet
Equity24,6 M €26,7 M €24,7 M €22,6 M €14,7 M €
Total assets70,9 M €68,7 M €69 M €28,1 M €21,4 M €
Cash1,8 M €2,5 M €4,9 M €3,4 M €5,9 M €
Debts46 M €41,7 M €44,1 M €5,4 M €6,7 M €
Other
Workforce42,0 ETP37,4 ETP40,0 ETP47,4 ETP50,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 20 ended

Active mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel Avontuur MICHIEL

Active
HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Active
JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028 · 0782.939.953

Represented by Joost Wegink

Active
Opcore

Director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Eerdekens RONNIE

Active

Ended mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Ended
HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Ended
JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028

Represented by Wegink JOOST

Ended
Opcore

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Ronnie Eerdekens

Ended

Other companies at this address

Europalaan 31 3900 Pelt
CompanyCBE no.
Balak Fences● Active
0823.182.679
0433.219.222
FENCING GROUP● Active
0784.432.565
HERCULES INVEST● Active
0782.350.926
V.B. LOGISTICS● Active
0433.222.388

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202513/07/202404/07/202330/06/202226/07/202117/07/2020
General meeting30/06/202530/06/202430/06/202307/06/202230/06/202130/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202510/07/2025DutchPDF
Full model31/12/202330/06/202413/07/2024DutchPDF
Full model31/12/202230/06/202304/07/2023DutchPDF
Full model31/12/202107/06/202230/06/2022DutchPDF
Full model31/12/202030/06/202126/07/2021DutchPDF
Full model31/12/201930/06/202017/07/2020DutchPDF
Full model31/12/201828/06/201919/07/2019DutchPDF
Full model31/12/201730/06/201820/07/2018DutchPDF
Full model31/12/201630/06/201720/07/2017DutchPDF
Full model31/12/201530/06/201628/07/2016DutchPDF
Full model31/12/201430/06/201530/07/2015DutchPDF
Full model31/12/201303/06/201417/06/2014DutchPDF
Full model31/12/201221/06/201329/08/2013DutchPDF
Full model31/12/201105/06/201204/07/2012DutchPDF
Full model31/12/201030/06/201113/07/2011DutchPDF
Full model31/12/200901/06/201030/06/2010DutchPDF
Full model31/12/200802/06/200901/07/2009DutchPDF
Full model31/12/200703/06/200804/07/2008DutchPDF
Full model31/12/200605/06/200712/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 20 ended

Active mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel Avontuur MICHIEL

Active
HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Active
JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028 · 0782.939.953

Represented by Joost Wegink

Active
Opcore

Director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Eerdekens RONNIE

Active

Ended mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Ended
HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Ended
JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028

Represented by Wegink JOOST

Ended
Opcore

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Ronnie Eerdekens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates30/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20242,2 M €↑
  2. 2023
    Annual accounts 20232 M €↓
  3. 30/06/2023
    nominationTom Quittelier — commissaris
  4. 2022
    Annual accounts 20222,2 M €↓
  5. 06/06/2022
    nominationAvalor BV — gedelegeerd bestuurder
  6. 2021
    Annual accounts 20217,9 M €↑
  7. 2020
    Annual accounts 20204,2 M €↑
  8. 2019
    Annual accounts 20193,1 M €↑
  9. 2018
    Annual accounts 20182,5 M €↓
  10. 2017
    Annual accounts 20172,6 M €↑
  11. 2016
    Annual accounts 20161,7 M €↑
  12. 2015
    Annual accounts 2015389,4 k €↓
  13. 2014
    Annual accounts 2014598,2 k €↓
  14. 2013
    Annual accounts 20131,1 M €↓
  15. 2012
    Annual accounts 20122,9 M €↑
  16. 2011
    Annual accounts 20111,4 M €↑
  17. 2010
    Annual accounts 2010-2,9 M €↓
  18. 2009
    Annual accounts 2009760,1 k €↓
  19. 2008
    Annual accounts 20081,4 M €↓
  20. 2007
    Annual accounts 20071,7 M €↑
  21. 2006
    Annual accounts 2006941,5 k €
  22. 27/06/1994
    IncorporationPublic limited company