ACTIVE

BALENBERG

Financial year 2025 · closed on 31/12/2025
Net result
-73,2 k €
-20.8% YoY
Gross margin
77,5 k €
-15.4% YoY
Equity
351,4 k €
-17.2% YoY

What does BALENBERG do?

BALENBERG is a Public limited company incorporated in 2006. Its main activity is: Market research and public opinion polling. Its registered office is in Tremelo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.461.395
Incorporation
09/01/2006
Legal form
Public limited company
Registered office
Balenbergstraatje 11
3128 Tremelo · FlandreSee on map
Contributed capital
1 061 696,00 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin77,5 k €91,5 k €78,7 k €95,9 k €55,9 k €-145,9 €21,5 k €1,7 k €4,7 k €3,9 k €20,1 k €263,1 k €165,7 k €-104,2 k €
EBITDA68,4 k €81,8 k €69,3 k €79,9 k €46,4 k €55,5 k €73 k €111,2 k €114,3 k €33 k €-15,2 k €-2,7 k €19,5 k €458,4 €4,3 k €3,5 k €10,4 k €225,9 k €164,4 k €-108,4 k €
Operating result-52,9 k €-39,4 k €-50,8 k €-43,1 k €-102,8 k €-93,8 k €-76,3 k €-45 k €-30,5 k €21,3 k €-26,9 k €-14,3 k €-36,8 k €-61,3 k €4,3 k €3,5 k €3,7 k €216,6 k €143 k €-123,3 k €
Net result-73,2 k €-60,6 k €-72,9 k €-64,4 k €-124 k €-116,1 k €-99,8 k €-70,7 k €-52,6 k €6,4 k €-27,5 k €-14,3 k €-36,9 k €-61,1 k €6,4 k €4,3 k €3,6 k €141,2 k €128,5 k €-126,4 k €
Balance sheet
Equity351,4 k €424,6 k €485,2 k €558,1 k €622,5 k €746,5 k €862,6 k €962,4 k €1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,2 M €219,5 k €213,1 k €208,9 k €205,3 k €64,1 k €-64,4 k €
Total assets2,5 M €2,7 M €2,9 M €2,9 M €3,1 M €3,2 M €3,4 M €3,6 M €3,7 M €3,9 M €2 M €1,1 M €1,1 M €1,2 M €220,1 k €213,6 k €215,9 k €403,4 k €389 k €153,6 k €
Cash31,6 k €4 k €43,9 k €16,2 k €9 k €17,8 k €14,6 k €48 k €59,4 k €21,2 k €690,3 k €62,1 k €125,8 k €105,1 k €209,2 k €202,2 k €142,6 k €39 k €13,3 k €22,5 k €
Debts1,8 M €1,9 M €1,9 M €1,9 M €2 M €1,9 M €1,9 M €2 M €2,1 M €2,1 M €612 k €341,2 €1,3 k €757,9 €376,6 €243,5 €6,9 k €198 k €324,9 k €218 k €
Other
Workforce0,2 ETP0,7 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 31/12/2025 · 2 active · 10 ended

Active mandates

Heidi THEYS

Director

Active
Robert VERBEECK

Director

Active

Ended mandates

Ann CRABBE

Director

Ended
Estate

Director · 0447.087.945

Represented by Robert VERBEECK

Ended
Isabelle NIJS

Director

Ended
Jorgen VAN HELLEMONT

Managing director

Ended
At this address

Other companies at this address

CompanyCBE no.
0674.964.008
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202627/08/202527/08/202423/08/202319/08/202218/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202627/08/2026DutchPDF
Abridged model31/12/202430/06/202527/08/2025DutchPDF
Abridged model31/12/202330/06/202427/08/2024DutchPDF
Abridged model31/12/202230/06/202323/08/2023DutchPDF
Abridged model31/12/202130/06/202219/08/2022DutchPDF
Full model31/12/202030/06/202118/08/2021DutchPDF
Full model31/12/201931/08/202017/11/2020DutchPDF
Full model31/12/201828/06/201927/08/2019DutchPDF
Full model31/12/201729/06/201824/08/2018DutchPDF
Full model31/12/201629/06/201729/08/2017DutchPDF
Full model31/12/201529/06/201626/08/2016DutchPDF
Abridged model31/12/201406/06/201520/08/2015DutchPDF
Abridged model31/12/201307/06/201421/08/2014DutchPDF
Abridged model31/12/201201/06/201322/08/2013DutchPDF
Abridged model31/12/201102/06/201220/07/2012DutchPDF
Abridged model31/12/201004/06/201122/08/2011DutchPDF
Abridged model31/12/200905/06/201025/08/2010DutchPDF
Abridged model31/12/200806/06/200931/08/2009DutchPDF
Abridged model31/12/200707/06/200826/08/2008DutchPDF
Abridged model31/12/200602/06/200729/08/2007DutchPDF
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 · 2 active · 10 ended

Active mandates

Heidi THEYS

Director

Active
Robert VERBEECK

Director

Active

Ended mandates

Ann CRABBE

Director

Ended
Estate

Director · 0447.087.945

Represented by Robert VERBEECK

Ended
Isabelle NIJS

Director

Ended
Jorgen VAN HELLEMONT

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/11/2007
    MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/01/2006
    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 2025-73,2 k €
  2. 2024
    Annual accounts 2024-60,6 k €
  3. 2023
    Annual accounts 2023-72,9 k €
  4. 2022
    Annual accounts 2022-64,4 k €
  5. 2021
    Annual accounts 2021-124 k €
  6. 2020
    Annual accounts 2020-116,1 k €
  7. 2019
    Annual accounts 2019-99,8 k €
  8. 2018
    Annual accounts 2018-70,7 k €
  9. 2017
    Annual accounts 2017-52,6 k €
  10. 2016
    Annual accounts 20166,4 k €
  11. 2015
    Annual accounts 2015-27,5 k €
  12. 2014
    Annual accounts 2014-14,3 k €
  13. 2013
    Annual accounts 2013-36,9 k €
  14. 2012
    Annual accounts 2012-61,1 k €
  15. 2011
    Annual accounts 20116,4 k €
  16. 2010
    Annual accounts 20104,3 k €
  17. 2009
    Annual accounts 20093,6 k €
  18. 2008
    Annual accounts 2008141,2 k €
  19. 2007
    Annual accounts 2007128,5 k €
  20. 2006
    Annual accounts 2006-126,4 k €
  21. 09/01/2006
    IncorporationPublic limited company