Financials
Financial year 2024
BALAK INDUSTRIES from Pelt, company number BE0433219222, closed financial year 2024 with a result of € 166,918 after tax. Compared with financial year 2023, the result moved from € 5 million to € 166,918. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2025.
€ 6.6 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 166,918
▼ 97% vs 2023
Profit after tax over the fiscal year.
€ 248,823
▼ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 5.9 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6,728
▼ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 181 days on average.
€ 64,343
▲ 208% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 532,700 | € 87,831 | € 0 | - | |
| Profit after taxes | € 5,788,798 | € -1,165,177 | € 5,043,969 | € 166,918 | ▼ 97% |
| Equity | € 20,109,241 | € 1,344,337 | € 6,388,306 | € 6,555,224 | ▲ 3% |
| Total debts | € 419,225 | € 9,494,100 | € 9,439,258 | € 9,479,363 | |
| Cash | € 11,032,072 | € 4,660,498 | € 928,660 | € 248,823 | ▼ 73% |
| Retained profit | € 19,439,928 | € 675,024 | € 5,718,993 | € 5,885,912 | ▲ 3% |
| Dividend | € 0 | € 17,599,727 | € 0 | € 0 | |
| Balance sheet total | € 20,528,466 | € 10,838,437 | € 15,827,564 | € 16,034,587 | ▲ 1% |
Key figures of BALAK INDUSTRIES, fiscal years 2021 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 BALAK INDUSTRIES?
What happened at BALAK INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Avalor BV stepped down as director. NBB
- Opcore BV stepped down as director. NBB
- HERCULES INVEST NV stepped down as director. NBB
- JoWe Beheer BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 166,918 (▼ 97% vs 2023). Source: NBB ↗
- Avalor BV became a director. NBB
- Opcore BV became a director. NBB
- HERCULES INVEST NV became a director. NBB
In short
From € 5.8 million profit in 2021 to € 166,918 profit in 2024.
Paid € 273,312 in corporate taxes since 2021.
Best year ever: 2021, with € 5.8 million profit.
Paid out € 17.6 million in dividends to the owners in total.
Management
The stake of HERCULES INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BALAK INDUSTRIESThe shares are held by HERCULES INVEST (100%). It owns 100% of Balak Coatings, 100% of Balak Fences and 100% of V.B. LOGISTICS itself.
Directors
According to the 2024 annual accounts
Managing director · represented by Michiel AVONTUUR
Also active at: V.B. LOGISTICS, BALAK COATINGS, BARDOLINO INVEST, Construct Materials Group, HERCULES INVEST, Balak Fences, PORTOFINO GROUP
since 2022 · until 2028
Director · represented by Ronnie EERDEKENS
Also active at: V.B. LOGISTICS, BALAK COATINGS, Balak Fences
since 2022 · until 2028
Managing director · represented by Reinier VAN LUIJT
Also active at: V.B. LOGISTICS, BALAK COATINGS, Balak Fences
since 2022 · until 2028
Director · represented by Joost WEGINK
Also active at: V.B. LOGISTICS, BALAK COATINGS, Balak Fences
since 2022 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Europalaan 31
3900 Pelt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0433.219.222
- VAT number
- BE 0433.219.222
- Registered office
- Europalaan 31, 3900 Pelt
- Names & denominations
- BALAK INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1988
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Ontwerpen en programmeren van computerprogramma's