Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
BALTHAZAR INVEST from Gent, company number BE0448056460, closed financial year 2026 with a result of € -32,317 after tax. For that financial year BALTHAZAR INVEST recorded a gross margin of € -3,164 and equity of € 299,285. Compared with financial year 2025, the result moved from € -28,478 to € -32,317. The company made a loss. 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 October 1, 2026.
€ 299,285
▼ 10% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,317
▼ 13 % more loss than in 2025
Profit after tax over the fiscal year.
€ 495
▲ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -201,465.
People and assets in 2026
€ 4,056
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 2,304
▼ 72% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -1,923 | € 943 | € -271 | € -3,164 | ▼ € 2,894 |
| Profit after taxes | € -29,100 | € -26,977 | € -28,478 | € -32,317 | ▼ € 3,839 |
| Equity | € 387,058 | € 360,080 | € 331,602 | € 299,285 | ▼ 10% |
| Total debts | € 142,063 | € 152,426 | € 164,097 | € 173,819 | ▲ 6% |
| Cash | € 290 | € 199 | € 404 | € 495 | ▲ 22% |
| Land & buildings | € 223,537 | € 206,594 | € 188,221 | € 167,243 | ▼ 11% |
| Retained profit | € -113,692 | € -140,670 | € -169,148 | € -201,465 | ▼ € 32,317 |
| Balance sheet total | € 529,120 | € 512,506 | € 495,699 | € 473,104 | ▼ 5% |
Key figures of BALTHAZAR INVEST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BALTHAZAR INVEST?
What happened at BALTHAZAR INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurence Balthazar stepped down as director. NBB
- Guy Balthazar stepped down as director. NBB
- Linda Mareen stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 32,317. Source: NBB ↗
- Laurence Balthazar became a director. NBB
- Guy Balthazar became a director. NBB
- Linda Mareen became a director. NBB
- New establishment in Gent. KBO
In short
From € 29,100 loss in 2023 to € 32,317 loss in 2026.
Management
The stake of Verbal comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BALTHAZAR INVESTThe shares are held by Verbal (4.2%).
Directors
According to the 2026 annual accounts
Laurence Balthazar
Director
since 2022 · until 2028
since 2022 · until 2028
Linda Mareen
Director
since 2022 · until 2028
Shareholders
4.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenstraat 4
9041 Gent
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.
Details
- Company number
- 0448.056.460
- VAT number
- BE 0448.056.460
- Registered office
- Groenstraat 4, 9041 Gent
- Names & denominations
- BALTHAZAR INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 1992
- Peppol
- Active · Active since 4 Nov 2025