ACTIVE

BALLENA

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Financial year 2025 · closed on 31/12/2025

Net result

-13,6 k €

+74.8% YoY

Gross margin

52,8 k €

+2449.7% YoY

Equity

81,2 k €

-14.3% YoY

What does BALLENA do?

BALLENA is a Private limited company incorporated in 2005. Its main activity is: Public relations and communication activities. Its registered office is in Denderleeuw.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.832.974

Incorporation

28/11/2005

Legal form

Private limited company

Registered office

Regentiestraat 145
9473 Denderleeuw · FlandreSee on map

Contributed capital

220 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 51190Passenger air transport+6

Contacts

3 public details availableLog in to view

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	52,8 k €	+2450%	2,1 k €	-95.8%	49,4 k €	-35.5%	76,6 k €	-15.6%	90,8 k €	-9.5%	100,3 k €	+32.8%	75,5 k €	+8.5%	69,6 k €	+27.3%	54,7 k €	-21.9%	70 k €	+11.8%	62,6 k €	+24.6%	50,2 k €	-6.3%	53,6 k €	+52.5%	35,1 k €	+14.4%	30,7 k €
EBITDA	49,9 k €	+8478%	-595,9 €	-101%	47 k €	-36.7%	74,2 k €	+14.0%	65,1 k €	-32.2%	96 k €	+42.1%	67,6 k €	+0.2%	67,4 k €	+30.2%	51,8 k €	-22.9%	67,2 k €	+10.2%	61 k €	+22.6%	49,7 k €	-6.3%	53 k €	+135%	22,6 k €	+579%	-4,7 k €
Operating result	-12,3 k €	+75.6%	-50,4 k €	-1185%	4,6 k €	-85.3%	31,6 k €	+39.4%	22,7 k €	-30.5%	32,6 k €	+94.5%	16,8 k €	-50.5%	33,9 k €	+41.8%	23,9 k €	-40.6%	40,2 k €	+1.1%	39,8 k €	+22.7%	32,4 k €	-18.8%	40 k €	+435%	7,5 k €	+137%	-20,2 k €
Net result	-13,6 k €	+74.8%	-53,9 k €	-6099%	898,4 €	-96.9%	28,5 k €	+62.2%	17,6 k €	+39.3%	12,6 k €	+757%	1,5 k €	-91.5%	17,3 k €	+75.4%	9,9 k €	-57.9%	23,4 k €	+0.8%	23,3 k €	+38.1%	16,8 k €	-38.1%	27,2 k €	+638%	-5,1 k €	+81.6%	-27,5 k €
Balance sheet
Equity	81,2 k €	-14.3%	94,8 k €	-36.2%	148,7 k €	+0.6%	147,8 k €	+23.9%	119,2 k €	+10.9%	107,5 k €	+13.3%	94,9 k €	+1.6%	93,4 k €	+22.8%	76,1 k €	+14.9%	66,2 k €	+35.8%	48,8 k €	+54.8%	31,5 k €	+115%	14,7 k €	+217%	-12,6 k €	-67.6%	-7,5 k €
Total assets	312,2 k €	-9.6%	345,2 k €	+6.1%	325,2 k €	-4.6%	340,8 k €	+4.3%	326,9 k €	-16.7%	392,5 k €	-16.0%	467,1 k €	+52.4%	306,5 k €	-0.6%	308,5 k €	-6.0%	328,1 k €	-0.2%	328,7 k €	+3.3%	318,2 k €	+1.2%	314,4 k €	+2.0%	308,2 k €	+22.1%	252,5 k €
Cash	79,8 €	-99.7%	25,1 k €	-7.1%	27 k €	+35.0%	20 k €	+63.1%	12,3 k €	+892%	1,2 k €	-75.4%	5 k €		–		7,5 k €	-55.8%	17 k €	-2.7%	17,5 k €	+51.4%	11,6 k €	+87.6%	6,2 k €	+258%	1,7 k €	-77.5%	7,7 k €
Debts	230,2 k €	-8.1%	250,4 k €	+41.8%	176,5 k €	-8.5%	193 k €	-7.0%	207,6 k €	-27.2%	285 k €	-23.4%	372,2 k €	+74.7%	213 k €	-8.3%	232,3 k €	-11.3%	261,9 k €	-6.4%	279,9 k €	-2.3%	286,6 k €	-4.4%	299,7 k €	-6.6%	320,8 k €	+23.4%	260 k €

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 31/12/2025 · 1 active · 5 ended

Active mandates

Bert Balcaen

Managing director

Active

Ended mandates

Bert Balcaen

Director · since 05 décembre 2005

Ended

Bert Balcaen

Manager · since 05 décembre 2005

Ended

Bert Balcaen

Manager · since 28 novembre 2005

Ended

Bert Balcaen

Director

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	07/07/2026	18/06/2025	11/07/2024	31/07/2023	19/07/2022	06/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	07/07/2026	Dutch	PDF
Micro model	31/12/2024	13/06/2025	18/06/2025	Dutch	PDF
Micro model	31/12/2023	14/06/2024	11/07/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	11/06/2021	06/07/2021	Dutch	PDF
Micro model	31/12/2019	12/06/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	29/09/2017	16/10/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	25/07/2007	Dutch	PDF

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 31/12/2025 · 1 active · 5 ended

Active mandates

Bert Balcaen

Managing director

Active

Ended mandates

Bert Balcaen

Director · since 05 décembre 2005

Ended

Bert Balcaen

Manager · since 05 décembre 2005

Ended

Bert Balcaen

Manager · since 28 novembre 2005

Ended

Bert Balcaen

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares27/08/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office07/01/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office13/03/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other22/12/2005
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

2025
Annual accounts 2025-13,6 k €↑
2024
Annual accounts 2024-53,9 k €↓
2023
Annual accounts 2023898,4 €↓
2022
Annual accounts 202228,5 k €↑
2021
Annual accounts 202117,6 k €↑
2015
Annual accounts 201512,6 k €↑
2014
Annual accounts 20141,5 k €↓
2013
Annual accounts 201317,3 k €↑
2012
Annual accounts 20129,9 k €↓
2011
Annual accounts 201123,4 k €↑
2010
Annual accounts 201023,3 k €↑
2009
Annual accounts 200916,8 k €↓
2008
Annual accounts 200827,2 k €↑
2007
Annual accounts 2007-5,1 k €↑
2006
Annual accounts 2006-27,5 k €
28/11/2005
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

BALLENA

Overview

What does BALLENA do?

Trend over 15 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