Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.3 to 16.6.
Financials
Financial year 2024
BALANCK from Veurne, company number BE0426811876, closed financial year 2024 with a result of € 19,499 after tax. For that financial year BALANCK recorded a gross margin of € 793,685 and equity of € 801,847. Compared with financial year 2023, the result moved from € 160,410 to € 19,499. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2025.
€ 801,847
▼ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,499
▼ 88% vs 2023
Profit after tax over the fiscal year.
€ 87,560
▼ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 800,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
16.6
▼ 4.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 635,295
▼ 49% vs 2023
€ 38,300 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.
€ 10,054
▲ 8% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 140,538
▼ 37% vs 2023
€ 44,085 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 214,032
▲ € 186,716 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 82,611
▲ 26% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,667,816 | € 1,632,543 | € 793,685 | ▼ 51% |
| Profit after taxes | € 495,752 | € 160,410 | € 19,499 | ▼ 88% |
| Equity | € 1,671,939 | € 1,582,348 | € 801,847 | ▼ 49% |
| Total debts | € 1,412,265 | € 326,518 | € 494,650 | ▲ 51% |
| Cash | € 714,864 | € 579,829 | € 87,560 | ▼ 85% |
| Retained profit | € 1,609,939 | € 1,520,348 | € 739,847 | ▼ 51% |
| Dividend | € 450,000 | € 250,000 | € 800,000 | ▲ 220% |
| Bank debt | € 191,937 | € 224,451 | € 140,538 | ▼ 37% |
| Balance sheet total | € 3,150,008 | € 1,957,941 | € 1,331,941 | ▼ 32% |
| Employees (FTE) | 21.3 | 21 | 16.6 | ▼ 4.4 |
Key figures of BALANCK, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BALANCK?
What happened at BALANCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,499 (▼ 88% vs 2023). Source: NBB ↗
- Isabel Coelembier became a director. NBB
- HOOVAN BV stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Veurne. KBO
In short
From € 495,752 profit in 2022 to € 19,499 profit in 2024.
Paid € 264,066 in corporate taxes since 2022.
Best year ever: 2022, with € 495,752 profit.
On average € 47,800 of value added per employee in 2024.
Management
The stake of MC-SOLUTION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BALANCKBehind BALANCK are ANDRE BALANCK BV and Isabel Coelembier. The shares are held by MC-SOLUTION.
Directors
According to the 2024 annual accounts
Managing director · represented by Luc Neyrinck
since 2024
· until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenlaan 5
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0426.811.876
- VAT number
- BE 0426.811.876
- Registered office
- Bedrijvenlaan 5, 8630 Veurne
- Names & denominations
- BALANCK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 1985
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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