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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
BALTHUS from Linkebeek, company number BE0500675396, closed financial year 2025 with a result of € 274 after tax. For that financial year BALTHUS recorded a gross margin of € 25,353 and equity of € -600,559. Compared with financial year 2024, the result moved from € -19,822 to € 274. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -600,559
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 274
▲ still € 19,822 loss in 2024
Profit after tax over the fiscal year.
€ 3,424
▲ € 3,404 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -619,159.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 594,000
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,450 | € 23,422 | € 24,363 | € 25,353 | ▲ 4% |
| Profit after taxes | € -19,029 | € -27,087 | € -19,822 | € 274 | ▲ € 20,095 |
| Equity | € -553,924 | € -581,011 | € -600,833 | € -600,559 | |
| Total debts | € 676,919 | € 649,930 | € 626,068 | € 604,632 | ▼ 3% |
| Cash | € 922 | € 30 | € 20 | € 3,424 | ▲ € 3,404 |
| Retained profit | € -572,524 | € -599,611 | € -619,433 | € -619,159 | |
| Bank debt | € 654,000 | € 644,000 | € 614,000 | € 594,000 | ▼ 3% |
| Balance sheet total | € 122,995 | € 68,918 | € 25,235 | € 4,073 | ▼ 84% |
Key figures of BALTHUS, 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 BALTHUS?
What happened at BALTHUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 274. filed late Source: NBB ↗
- Aline del Marmol became a director. NBB
- Géraldine de Behault stepped down as director. NBB
- Géraldine de Behault became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,029 loss in 2022 to € 274 profit in 2025.
Best year ever: 2025, with € 274 profit.
Management
Behind BALTHUS is Aline del Marmol.
Directors
According to the 2025 annual accounts
Aline del Marmol
Director
since 2026
Géraldine de Behault
Director
since 2016 · until 2026
Establishments
Establishment units
Physical locations of this company
Hollebeekstraat 126
1630 Linkebeek
Terhulpsesteenweg 194
1170 Watermaal-Bosvoorde
Active since 8 November 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.675.396
- VAT number
- BE 0500.675.396
- Registered office
- Hollebeekstraat 126, 1630 Linkebeek
- Names & denominations
- BALTHUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2012
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Organisatie van congressen en beurzen
Overige vormen van onderwijs
Catering van evenementen
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Eetgelegenheden met beperkte bediening