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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 37.1 to 21.8.
Financials
Financial year 2025
BALTUS MARC from La Roche-en-Ardenne, company number BE0454839433, closed financial year 2025 with a result of € -207,053 after tax. For that financial year BALTUS MARC recorded a gross margin of € 1.8 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -25,947 to € -207,053. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 2.5 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -207,053
▼ 698 % more loss than in 2024
Profit after tax over the fiscal year.
€ 151,052
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.2 million.
People and assets in 2025
21.8
▼ 10.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 18% vs 2024
€ 55,200 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.
€ 136,367
▼ 12% vs 2024
Of which on lease € 14,883.
Debts at end 2025
€ 5.2 million
▼ 2% vs 2024
€ 757,294 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 910,605
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 176,577
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,401,509 | € 2,684,563 | € 2,232,599 | € 1,782,370 | ▼ 20% |
| Profit after taxes | € 328,707 | € 207,495 | € -25,947 | € -207,053 | ▼ € 181,106 |
| Equity | € 2,525,605 | € 2,770,457 | € 2,736,617 | € 2,521,672 | ▼ 8% |
| Total debts | € 6,900,022 | € 6,471,071 | € 6,379,564 | € 6,439,105 | ▲ 1% |
| Cash | € 101,568 | € 94,203 | € 98,775 | € 151,052 | ▲ 53% |
| Land & buildings | € 4,295,054 | € 4,096,295 | € 3,926,633 | € 3,756,307 | ▼ 4% |
| Retained profit | € 2,373,798 | € 2,400,166 | € 2,374,219 | € 2,167,166 | ▼ 9% |
| Bank debt | € 5,822,227 | € 5,391,899 | € 5,304,747 | € 5,213,645 | ▼ 2% |
| Balance sheet total | € 9,437,410 | € 9,252,824 | € 9,126,991 | € 8,971,101 | ▼ 2% |
| Employees (FTE) | 31.7 | 37.1 | 32.3 | 21.8 | ▼ 10.5 |
Key figures of BALTUS MARC, 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 BALTUS MARC?
What happened at BALTUS MARC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARVIN BALTUS stepped down as director. NBB
- MARC BALTUS stepped down as director. NBB
- NEAL BALTUS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 207,053. Source: NBB ↗
- New establishment in Libramont-Chevigny. KBO
- MARVIN BALTUS became a director. NBB
- MARC BALTUS became a director. NBB
- NEAL BALTUS became a director. NBB
In short
From € 328,707 profit in 2022 to € 207,053 loss in 2025.
Paid € 70,861 in corporate taxes since 2022.
Best year ever: 2022, with € 328,707 profit.
On average € 81,800 of value added per employee in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Vecmont 115
6980 La Roche-en-Ardenne
Place du Bronze 2
6980 La Roche-en-Ardenne
Active since 19 April 1995
Place Mac-Auliffe 14
6600 Bastogne
Active since 12 July 2007
Place du Bronze 17
6980 La Roche-en-Ardenne
Active since 1 May 2015
Rue de Lantigné (Petithan) 18
6940 Durbuy
Active since 24 November 2018
Ruelle des Chats 3
6980 La Roche-en-Ardenne
Active since 1 July 2021
Recogne,Rue de Neufchâteau 46 box A
6800 Libramont-Chevigny
Active since 1 April 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOMANIAK-AS, CH
Website info
Features
Security
Network
Details
- Company number
- 0454.839.433
- VAT number
- BE 0454.839.433
- Registered office
- Vecmont 115, 6980 La Roche-en-Ardenne
- Names & denominations
- BALTUS MARC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1995
- Peppol
- Active · Active since 29 Oct 2025
- Contact
- baltus.be
- Activities · NACE
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren
Activiteiten van eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in dranken, algemeen assortiment
Catering van evenementen
Detailhandel in alcoholische en andere dranken
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