BALTAIR
0723.772.626 · rovalta.com · 25/09/2026
ACTIVE
BALTAIR
Financial year 2025 · Closed on 31/12/2025
Net result10,9 k €-37,2 %over 1 year
Gross margin6 k €-12,0 %over 1 year
Equity332,3 k €+3,4 %over 1 year
Overview
Identity
Source · BCE/KBOBALTAIR is a Public limited company incorporated in 2019. Its main activity is: Passenger air transport. Its registered office is in Gent.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0723.772.626
- Incorporation
- 28/03/2019
- Legal form
- Public limited company
- Registered office
- Pauline Van Pottelsberghelaan 10
9051 Gent · FlandreSee on map - Contributed capital
- 300 000,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitablePositive cashflowPositive EBITDA
Financials
Source · NBB, 7 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 6 k € | -12.0% | 6,9 k € | +33.4% | 5,1 k € | +13.7% | 4,5 k € | +56.2% | 2,9 k € |
| EBITDA | 4,9 k € | -15.0% | 5,7 k € | +42.0% | 4 k € | +14.6% | 3,5 k € | +85.3% | 1,9 k € |
| Operating result | 4,9 k € | -15.0% | 5,7 k € | +42.0% | 4 k € | +14.6% | 3,5 k € | +85.3% | 1,9 k € |
| Net result | 10,9 k € | -37.2% | 17,3 k € | +641% | 2,3 k € | +224% | -1,9 k € | -322% | 851,9 € |
| Balance sheet | |||||||||
| Equity | 332,3 k € | +3.4% | 321,4 k € | +5.7% | 304,1 k € | +0.8% | 301,8 k € | -0.6% | 303,7 k € |
| Total assets | 2,9 M € | +56.7% | 1,8 M € | -12.5% | 2,1 M € | -3.3% | 2,2 M € | +43.6% | 1,5 M € |
| Cash | 119,9 k € | +278% | 31,7 k € | -90.8% | 343,5 k € | -42.6% | 598,3 k € | +47.4% | 405,9 k € |
| Debts | 2,6 M € | +67.9% | 1,5 M € | -15.5% | 1,8 M € | -3.9% | 1,9 M € | +54.7% | 1,2 M € |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 7 ended
Active mandates
Filiep Balcaen
ActivePatrick Verbrugge
ActiveHeidi De Greve
ActiveEnded mandates
Patrick Verbrugge
EndedDidier Ysenbaert
EndedDidier Ysenbaert
EndedDirk Decaluwé
EndedOther companies at this address
Pauline Van Pottelsberghelaan 10 9051 Gent| Company | CBE no. |
|---|---|
226 INVEST● Active | 1039.768.041 |
ARCHIMEDES OFFICES● Active | 0778.865.854 |
ARDENO● Active | 0766.286.934 |
ARGIBEL● Active | 0419.150.757 |
AtlantaCo● Active | 0635.989.606 |
Avenue Building● Active | 0838.744.449 |
AXS Liège● Active | 0805.568.667 |
Balmaris Holdco● Active | 1036.438.070 |
BALTISSE● Active | 0885.922.180 |
Baltisse Abacus● Active | 1015.606.826 |
Baltisse Management Incentive● Active | 1034.175.594 |
Baltisse Real Estate● Active | 0866.682.528 |
Baltisse Real Estate Investments● Active | 0788.252.979 |
BBSD25● Active | 1032.209.266 |
BLUE LINE STORAGE● Active | 0734.703.437 |
BUILDING● Active | 0435.543.856 |
Clara Construct● Active | 1031.918.662 |
De Veste● Active | 0792.431.602 |
De Veste Monument● Active | 1010.243.914 |
Floorenter● Active | 0640.884.938 |
Financials
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 | 20/05/2026 | 20/05/2025 | 23/05/2024 | 24/05/2023 | 24/05/2022 | 20/05/2021 |
| General meeting | 24/04/2026 | 25/04/2025 | 26/04/2024 | 28/04/2023 | 22/04/2022 | 23/04/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 7 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/04/2026 | 20/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/04/2025 | 20/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/04/2024 | 23/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 28/04/2023 | 24/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 22/04/2022 | 24/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 23/04/2021 | 20/05/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/04/2020 | 20/05/2020 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
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
Board of directors
Source · NBB, accounts to 31/12/20253 active · 7 ended
Active mandates
Filiep Balcaen
ActivePatrick Verbrugge
ActiveHeidi De Greve
ActiveEnded mandates
Patrick Verbrugge
EndedDidier Ysenbaert
EndedDidier Ysenbaert
EndedDirk Decaluwé
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates30/06/2025ONTSLAGEN - BENOEMINGEN
- Mandates26/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates31/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates09/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates28/12/2020ONTSLAGEN - BENOEMINGEN
- Other01/04/2019RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202510,9 k €↓
- 2024Annual accounts 202417,3 k €↑
- 2023Annual accounts 20232,3 k €↑
- 2022Annual accounts 2022-1,9 k €↓
- 2021Annual accounts 2021851,9 €↓
- 2020Annual accounts 20208 k €↑
- 2019Annual accounts 2019-5,2 k €
- 28/03/2019IncorporationPublic limited company