ACTIVE

BALSAM

Financial year 2025 · closed on 30/06/2025
Net result
-28,8 k €
-226.4% YoY
Gross margin
3,3 M €
+1.4% YoY
Equity
4,8 k €
-85.7% YoY
Workforce
103,0 ETP
+7.5% YoY

What does BALSAM do?

BALSAM is a Private limited company incorporated in 2010. Its main activity is: Washing and (dry-)cleaning of textile and fur products. Its registered office is in Leuven. It employs on average 103,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.779.993
Incorporation
03/06/2010
Legal form
Private limited company
Registered office
Aarschotsesteenweg 565
3012 Leuven · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
30/06/2025
Average workforce
103,0 ETP
Contacts
1 public detail availableLog in to view
Signals
Positive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720152014201320122011
Income statement
Gross margin3,3 M €3,2 M €3 M €2,8 M €2,9 M €2,5 M €2,8 M €2,9 M €2,8 M €2,3 M €2,2 M €2 M €1,5 M €968,2 k €
EBITDA20,6 k €90,5 k €57,4 k €-17 k €148,1 k €86,5 k €-3,1 k €89,6 k €157,7 k €18,1 k €59,1 k €13,2 k €-10,7 k €45,6 k €
Operating result-3,8 k €56 k €22,3 k €-50,8 k €119,8 k €39,5 k €-35,5 k €66,5 k €125,3 k €11,7 k €16,6 k €-30,2 k €-30,8 k €35 k €
Net result-28,8 k €22,7 k €-447,7 €-67 k €81,9 k €15,3 k €-45,4 k €12,1 k €34,8 k €-8,3 k €9,2 k €-37,6 k €-35,8 k €24,8 k €
Balance sheet
Equity4,8 k €33,6 k €10,8 k €11,3 k €78,3 k €-3,6 k €-18,9 k €26,5 k €14,4 k €-29 k €-20,7 k €-35,5 k €2,1 k €37,8 k €
Total assets372,1 k €499,7 k €475 k €450,3 k €536,1 k €613,2 k €402,4 k €489,4 k €553,3 k €491,8 k €396 k €509,3 k €421,1 k €151,2 k €
Cash106 k €210,3 k €153,2 k €105,6 k €151,9 k €173,3 k €51,1 k €181,4 k €228,2 k €93,2 k €7,1 k €98,9 k €86,4 k €72,7 k €
Debts367,3 k €466,1 k €464,2 k €439 k €457,8 k €616,8 k €421,3 k €463 k €538,9 k €520,8 k €416,8 k €544,8 k €419,1 k €113,4 k €
Other
Workforce103,0 ETP95,8 ETP92,3 ETP95,8 ETP96,9 ETP90,8 ETP75,3 ETP70,4 ETP69,4 ETP53,7 ETP30,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active

Active mandates

Justyna Balsam

Manager · since 03 juin 2010

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/12/202512/12/202407/12/202320/12/202224/01/202214/12/2020
General meeting06/12/202507/12/202402/12/202304/12/202204/12/202105/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202506/12/202508/12/2025DutchPDF
Abridged model30/06/202407/12/202412/12/2024DutchPDF
Abridged model30/06/202302/12/202307/12/2023DutchPDF
Abridged model30/06/202204/12/202220/12/2022DutchPDF
Abridged model30/06/202104/12/202124/01/2022DutchPDF
Abridged model30/06/202005/12/202014/12/2020DutchPDF
Abridged model30/06/201907/12/201920/12/2019DutchPDF
Abridged model30/06/201806/12/201813/12/2018DutchPDF
Abridged model30/06/201702/12/201722/01/2018DutchPDF
Abridged model30/06/201603/12/201614/12/2016DutchPDF
Abridged model30/06/201505/12/201515/01/2016DutchPDF
Abridged model30/06/201406/12/201413/01/2015DutchPDF
Abridged model30/06/201321/12/201308/01/2014DutchPDF
Abridged model30/06/201201/12/201203/12/2012DutchPDF
Abridged model30/06/201103/12/201112/12/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active

Active mandates

Justyna Balsam

Manager · since 03 juin 2010

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/01/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/06/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-28,8 k €
  2. 2024
    Annual accounts 202422,7 k €
  3. 2023
    Annual accounts 2023-447,7 €
  4. 2022
    Annual accounts 2022-67 k €
  5. 2021
    Annual accounts 202181,9 k €
  6. 2020
    Annual accounts 202015,3 k €
  7. 2019
    Annual accounts 2019-45,4 k €
  8. 2018
    Annual accounts 201812,1 k €
  9. 2017
    Annual accounts 201734,8 k €
  10. 2015
    Annual accounts 2015-8,3 k €
  11. 2014
    Annual accounts 20149,2 k €
  12. 2013
    Annual accounts 2013-37,6 k €
  13. 2012
    Annual accounts 2012-35,8 k €
  14. 2011
    Annual accounts 201124,8 k €
  15. 03/06/2010
    IncorporationPrivate limited company