Financials
Financial year 2025
BALAES from Oreye, company number BE0421455102, closed financial year 2025 with a result of € 300,716 after tax. For that financial year BALAES recorded revenue of € 9 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 445,577 to € 300,716. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 1.6 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 300,716
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 7,496
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
33 % of the profit went to the shareholders, mostly to JOLY SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
41.5
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 12% vs 2024
€ 57,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 543,868
▼ 28% vs 2024
Of which on lease € 531,245.
Debts at end 2025
€ 2.1 million
▲ 179% vs 2024
€ 477,263 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.5 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 307,650
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,797,713 | € 7,610,649 | € 7,866,953 | € 8,966,612 | ▲ 14% |
| Gross margin | € 2,206,245 | € 3,018,501 | € 3,065,953 | € 3,260,610 | ▲ 6% |
| Profit after taxes | € 288,233 | € 569,687 | € 445,577 | € 300,716 | ▼ 33% |
| Equity | € 365,463 | € 935,150 | € 1,380,728 | € 1,581,444 | ▲ 15% |
| Total debts | € 1,800,083 | € 2,414,545 | € 2,494,973 | € 4,906,781 | ▲ 97% |
| Cash | € 214,000 | € 128,473 | € 15,434 | € 7,496 | ▼ 51% |
| Retained profit | € 303,963 | € 873,650 | € 1,319,228 | € 1,519,944 | ▲ 15% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 513,628 | € 730,137 | € 765,080 | € 2,131,762 | ▲ 179% |
| Balance sheet total | € 2,198,768 | € 3,395,023 | € 3,914,107 | € 6,520,698 | ▲ 67% |
| Employees (FTE) | 35.8 | 38 | 38.8 | 41.5 | ▲ 2.7 |
Key figures of BALAES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BALAES?
What happened at BALAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TALAND SRL stepped down as director. NBB
- DELGest SRL stepped down as director. NBB
- JOLY SA stepped down as director. NBB
- C&M FRERE CONSTRUCT SRL stepped down as director. NBB
- FINOFAB SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 300,716 (▼ 33% vs 2024). Source: NBB ↗
- TALAND SRL became a director. NBB
- DELGest SRL became a director. NBB
In short
From € 288,233 profit in 2022 to € 300,716 profit in 2025.
Paid € 401,178 in corporate taxes since 2022.
Best year ever: 2023, with € 569,687 profit.
On average € 78,600 of value added per employee in 2025.
Management
The stake of JOLY SA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BALAESThe shares are held by JOLY SA (100%). It owns BALAES IMMO itself.
Directors
According to the 2025 annual accounts
Director · represented by Bertrand TALLIEU
Also active at: Gravaubel, LECOMTE SA, BLOCQUAY S.A., DEUMER SA, CARRIERE D'OTTRE S.A., AB Tech, JOLY SA, JOLY +1 more
since 2022 · until 2027
Director · represented by Pascal DELHEZ
Also active at: Gravaubel, LECOMTE SA, BLOCQUAY S.A., DEUMER SA, CARRIERE D'OTTRE S.A., AB Tech, JOLY SA, JOLY +1 more
since 2022 · until 2027
Managing director · represented by Pierre JOLY
Also active at: Gravaubel, LECOMTE SA, BLOCQUAY S.A., DEUMER SA, CARRIERE D'OTTRE S.A., AB Tech, GAMA - ASPHALT, JOLIMMO +5 more
since 2022 · until 2027
Director · represented by Hervé FRERE
Also active at: Gravaubel, LECOMTE SA, BLOCQUAY S.A., DEUMER SA, CARRIERE D'OTTRE S.A., AB Tech, JOLY SA, WERISOL +3 more
since 2022 · until 2027
Director · represented by Olivier FABRY
Also active at: Gravaubel, LECOMTE SA, BLOCQUAY S.A., DEUMER SA, CARRIERE D'OTTRE S.A., AB Tech, GAMA - ASPHALT, JOLY SA +3 more
since 2022 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue L. Maréchal 11
4360 Oreye
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0421.455.102
- VAT number
- BE 0421.455.102
- Registered office
- Rue L. Maréchal 11, 4360 Oreye
- Names & denominations
- BALAES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 13 Nov 2025
- Contact
- balaes.be [email protected] 019 67 71 05
- Activities · NACE
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouw van autowegen en andere wegen
Dakwerkzaamheden
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Plaatsen van vloer- en wandtegels
Plaatsen van vloerbedekking en wandbekleding van hout
Overige gespecialiseerde werkzaamheden in de bouw
+4