ACTIVE

BALFROID - MAGNEE

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+7,0 %over 1 year

Gross margin4,3 M €+3,2 %over 1 year

Equity11,5 M €+13,6 %over 1 year

Workforce34,4 ETP+6,8 %over 1 year

Identity

Source · BCE/KBO

BALFROID - MAGNEE is a Private company with limited liability incorporated in 1994. Its main activity is: Construction of buildings. Its registered office is in Wellin. It employs on average 34,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.986.436
Incorporation: 01/07/1994
Legal form: Private company with limited liability
Registered office: Rue Jean Meunier,Halma 10
6922 Wellin · WallonieSee on map
Contributed capital: 18 592,01 €
Latest accounts: 31/12/2025
Average workforce: 34,4 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 43230Electrical, plumbing and other construction installation activities 43291Other construction installation 43320Joinery installation+6

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,3 M €	+3.2%	4,1 M €	+6.3%	3,9 M €	+1.7%	3,8 M €	+14.5%	3,3 M €
EBITDA	2,2 M €	+0.3%	2,2 M €	+18.2%	1,8 M €	-6.1%	1,9 M €	+16.3%	1,7 M €
Operating result	1,9 M €	+0.4%	1,9 M €	+18.9%	1,6 M €	+3.7%	1,5 M €	+11.1%	1,4 M €
Net result	1,4 M €	+7.0%	1,3 M €	+14.8%	1,1 M €	+4.9%	1,1 M €	+0.9%	1,1 M €
Balance sheet
Equity	11,5 M €	+13.6%	10,1 M €	+14.5%	8,9 M €	+6.7%	8,3 M €	+14.8%	7,2 M €
Total assets	12,1 M €	+11.3%	10,9 M €	+8.0%	10,1 M €	+13.9%	8,9 M €	+19.2%	7,4 M €
Cash	4,3 M €	+163%	1,6 M €	-52.5%	3,4 M €	+34.6%	2,5 M €	+75.5%	1,5 M €
Debts	629,6 k €	-18.1%	768,3 k €	-38.6%	1,3 M €	+118%	575,2 k €	+169%	214,2 k €
Other
Workforce	34,4 ETP	+6.8%	32,2 ETP	-6.9%	34,6 ETP	+3.6%	33,4 ETP	+1.2%	33,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien BALFROID	Managing directorDirector2024 accountsendedManager2021 accountsended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	03/08/2026	26/06/2025	08/07/2024	30/08/2023	25/08/2022	25/08/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	03/08/2026	French	PDF
Abridged model	31/12/2024	30/05/2025	26/06/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	08/07/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	25/08/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	14/07/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	21/08/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	12/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	16/09/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	12/06/2015	French	PDF
Abridged model	31/12/2013	05/08/2014	08/08/2014	French	PDF
Abridged model	31/12/2012	25/06/2013	02/07/2013	French	PDF
Abridged model	31/12/2011	31/07/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	31/07/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	29/07/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	31/07/2007	28/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien BALFROID	Managing directorDirector2024 accountsendedManager2021 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares06/02/2018
CAPITAL, ACTIONS
PDF
Other16/07/2015
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Restructuring08/05/2015
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates27/02/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares07/01/2014
CAPITAL, ACTIONS
PDF
Registered office27/10/2005
CONVERSION EN EUROS - CODE DES SOCIETES - TRANSFERT DU SIEGE
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Damien BALFROID

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BALFROID - MAGNEE

Rue Jean Meunier,Halma 10, 6922 Halmarue Jean Meunier 10, 6920 Wellin

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Jean Meunier,Halma 10, 6922 HalmaCurrent	accounts 2025	Accounts 2025 · 2026-00376246
Rue Jean Meunier,Halma 10, 6920 Wellin	accounts 2024	Accounts 2024 · 2025-00200782
Rue Jean Meunier,Halma 10, 6922 Halma	accounts 2023	Accounts 2023 · 2024-00222037
rue Jean Meunier 10, 6920 Wellin	accounts 2021 → 2022	Accounts 2022 · 2023-00389105

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BALFROID - MAGNEECurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00376246

Events

2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020945,2 k €↑
2019
Annual accounts 2019944 k €↓
2018
Annual accounts 2018982,6 k €↑
2017
Annual accounts 2017670,8 k €↓
2016
Annual accounts 2016710,5 k €↓
2015
Annual accounts 2015721,2 k €↑
2014
Annual accounts 2014689,2 k €↑
2013
Annual accounts 2013562,2 k €↑
2012
Annual accounts 2012467,7 k €↓
2011
Annual accounts 2011652,2 k €↓
2010
Annual accounts 2010953,7 k €↑
2009
Annual accounts 2009303,7 k €↑
2008
Annual accounts 2008297,6 k €↑
2007
Annual accounts 2007259,3 k €↑
2006
Annual accounts 2006205,5 k €
01/07/1994
IncorporationPrivate company with limited liability

BALFROID - MAGNEE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events