Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BALTEAU GROUP from Saint-Nicolas, company number BE0654759304, closed financial year 2025 with a result of € 2 million after tax. For that financial year BALTEAU GROUP recorded revenue of € 1.4 million and equity of € 15.1 million. Compared with financial year 2024, the result moved from € 2.4 million to € 2 million. 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 3, 2026.
€ 15.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 10,844
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
67 % of the profit went to the shareholders, mostly to PARTFIN (80 % of the shares). That is where the money ends up.
People and assets in 2025
4.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 295,054
▲ 79% vs 2024
€ 64,100 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.
€ 15,377
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 166,568
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 44,666
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 255,279 | € 986,211 | € 1,392,611 | € 1,352,617 | ▼ 3% |
| Profit after taxes | € 1,792,949 | € 1,354,185 | € 2,373,149 | € 1,952,754 | ▼ 18% |
| Equity | € 12,871,802 | € 13,225,987 | € 14,399,135 | € 15,051,890 | ▲ 5% |
| Total debts | € 2,198,957 | € 3,751,993 | € 3,103,415 | € 3,100,552 | |
| Cash | € 1,157,668 | € 266,472 | € 112,776 | € 10,844 | ▼ 90% |
| Retained profit | € 5,571,802 | € 5,925,987 | € 7,099,135 | € 7,751,890 | ▲ 9% |
| Dividend | € 700,000 | € 1,000,000 | € 1,200,000 | € 1,300,000 | ▲ 8% |
| Bank debt | € 759,698 | € 41,652 | € 12,314 | € 0 | ▼ 100% |
| Balance sheet total | € 15,070,759 | € 16,977,980 | € 17,502,550 | € 18,152,442 | ▲ 4% |
| Employees (FTE) | 1.4 | 2.1 | 2.6 | 4.6 | ▲ 2 |
Key figures of BALTEAU GROUP, 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 BALTEAU GROUP?
What happened at BALTEAU GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NOSHAQ PARTNERS SCRL stepped down as director. NBB
- PARTFIN SA stepped down as director. NBB
- IMMORIPRO SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▼ 18% vs 2024). Source: NBB ↗
- NOSHAQ PARTNERS SCRL became a director. NBB
- PARTFIN SA became a director. NBB
- IMMORIPRO SA became a director. NBB
- New establishment in Saint-Nicolas. KBO
In short
From € 1.8 million profit in 2022 to € 2 million profit in 2025.
Paid € 2,374 in corporate taxes since 2022.
Best year ever: 2024, with € 2.4 million profit.
Paid out € 4.2 million in dividends to the owners in total.
A new publication or filing at BALTEAU GROUP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PARTFIN, NOSHAQ, IMMORIPRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BALTEAU GROUPThe shares are held by PARTFIN (80%), NOSHAQ (10%) and IMMORIPRO (10%). It owns 100% of D-TECH ELECTRONIC, 100% of INTERSYSTO, 100% of BALTEAU IE, 100% of BONADONNA L., 99% of N.C. PARACHEVEMENT and 75% of KREADIS CONCEPT itself.
Directors
According to the 2025 annual accounts
Director · represented by Fabian Marcq
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2022 · until 2028
Managing director · represented by Salvatore Rizzo
since 2022 · until 2028
Director · represented by Juan Rizzo Di Carlo
Also active at: CD7 PROPERTIES (Ans Alleur), IMMOBILIERE DE TILLEUR, AVROY 38, TDS IMMO, SP INVEST, IMMOBILIERE OMC, DESTENAY 25
since 2022 · until 2028
Participations
100%
100%
100%
100%
75%
75%
75%
25.2%
25.1%
12.1%
0.1%
0.1%
0.1%
0.1%
Establishments
Establishment units
Physical locations of this company
Rue des Martyrs 115
4420 Saint-Nicolas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →IMMORIPRO same network
€ 208,225 gross margin · 2025
BALTEAU I.E. same network
€ 30.6 million revenue · 2025
ENGENEERING CABLING SYSTEM same network
€ 646,639 gross margin · 2025
ALARME CONTROLE same network
€ 865,806 gross margin · 2025
SERVICE PARTNER same network
€ 2.5 million gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0654.759.304
- VAT number
- BE 0654.759.304
- Registered office
- Rue des Martyrs 115, 4420 Saint-Nicolas
- Names & denominations
- BALTEAU GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2016
- Peppol
- Active · Active since 19 Jun 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering