Baltec is an electrical contractor in Kortrijk. Private Limited, started on 14 April 2023, 1 establishment.

What is the address of Baltec?

The registered office of Baltec is located at Doorniksesteenweg(Kor) 29, 8500 Kortrijk.

Is Baltec still active?

Yes. According to the CBE (19 September 2026) Baltec is active, legal situation “Normale toestand”, started on 14 April 2023.

Is Baltec registered on Peppol?

Yes, Baltec is registered on the Peppol network with ID 0208:0800751331.

What is the enterprise number of Baltec?

The enterprise number of Baltec is BE0800751331.

When was Baltec founded?

Baltec was founded on 14 April 2023.

Who are the directors of Baltec?

According to the 2025 annual accounts, the directors of Baltec are: Sybren Balcaen.

Is Baltec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 April 2023; 3 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Baltec make in 2025?

Baltec posted a profit after taxes of € 14,083 in financial year 2025.

What is the revenue of Baltec?

As a small company, Baltec is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 39,341.

Baltec (Private Limited) - Kortrijk - BE0800751331

Dossier Baltec, printed on 19 September 2026 from databakkes.be/en/0800751331/baltec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Baltec from Kortrijk, company number BE0800751331, closed financial year 2025 with a result of € 14,083 after tax. For that financial year Baltec recorded a gross margin of € 39,341 and equity of € 102,842. Compared with financial year 2024, the result moved from € 44,191 to € 14,083. 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 March 13, 2026.

What it is worth Growing

€ 102,842

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 14,083

▼ 68% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 79,282

▼ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 100,842.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 25,518

▲ 78% vs 2024

Of which on lease € 25,518.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 24,072

▲ 87% vs 2024

€ 12,255 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 2,255

▼ 91% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 18,082

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 57,162 Gross margin 2023: € 57,162 First fiscal year in the series	€ 61,630 Gross margin 2024: € 61,630 ▲ 8% vs 2023 (€ 57,162) Favourable step	€ 39,341 Gross margin 2025: € 39,341 ▼ 36% vs 2024 (€ 61,630) Unfavourable step	▼ 36%
Profit after taxes	€ 42,568 Profit after taxes 2023: € 42,568 First fiscal year in the series	€ 44,191 Profit after taxes 2024: € 44,191 ▲ 4% vs 2023 (€ 42,568) Favourable step	€ 14,083 Profit after taxes 2025: € 14,083 ▼ 68% vs 2024 (€ 44,191) Unfavourable step	▼ 68%
Equity	€ 44,568 Equity 2023: € 44,568 First fiscal year in the series	€ 88,759 Equity 2024: € 88,759 ▲ 99% vs 2023 (€ 44,568) Favourable step	€ 102,842 Equity 2025: € 102,842 ▲ 16% vs 2024 (€ 88,759) Favourable step	▲ 16%
Total debts	€ 34,296 Total debts 2023: € 34,296 First fiscal year in the series	€ 53,911 Total debts 2024: € 53,911 ▲ 57% vs 2023 (€ 34,296) Unfavourable step	€ 44,484 Total debts 2025: € 44,484 ▼ 17% vs 2024 (€ 53,911) Favourable step	▼ 17%
Cash	€ 46,699 Cash 2023: € 46,699 First fiscal year in the series	€ 92,762 Cash 2024: € 92,762 ▲ 99% vs 2023 (€ 46,699) Favourable step	€ 79,282 Cash 2025: € 79,282 ▼ 15% vs 2024 (€ 92,762) Unfavourable step	▼ 15%
Retained profit	€ 42,568 Retained profit 2023: € 42,568 First fiscal year in the series	€ 86,759 Retained profit 2024: € 86,759 ▲ 104% vs 2023 (€ 42,568) Favourable step	€ 100,842 Retained profit 2025: € 100,842 ▲ 16% vs 2024 (€ 86,759) Favourable step	▲ 16%
Bank debt	€ 17,687 Bank debt 2023: € 17,687 First fiscal year in the series	€ 12,906 Bank debt 2024: € 12,906 ▼ 27% vs 2023 (€ 17,687) Favourable step	€ 24,072 Bank debt 2025: € 24,072 ▲ 87% vs 2024 (€ 12,906) Unfavourable step	▲ 87%
Balance sheet total	€ 78,864 Balance sheet total 2023: € 78,864 First fiscal year in the series	€ 142,670 Balance sheet total 2024: € 142,670 ▲ 81% vs 2023 (€ 78,864) Unchanged	€ 147,326 Balance sheet total 2025: € 147,326 ▲ 3% vs 2024 (€ 142,670) Unchanged	▲ 3%

Key figures of Baltec, fiscal years 2023 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 Baltec?

What happened at Baltec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 13, 2026 New annual accounts for financial year 2025: profit of € 14,083 (▼ 68% vs 2024). Source: NBB ↗
Apr 14, 2023 New establishment in Kortrijk. KBO
Apr 14, 2023 Start of the company according to the CBE. KBO

In short

From € 42,568 profit in 2023 to € 14,083 profit in 2025.

Paid € 25,259 in corporate taxes since 2023.

Best year ever: 2024, with € 44,191 profit.

Original PDFs at the National Bank ↗

A new publication or filing at Baltec? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Sybren Balcaen

Baltec

Behind Baltec is Sybren Balcaen.

See the full network in the app

Directors

According to the 2025 annual accounts

Sybren Balcaen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksesteenweg(Kor) 29

8500 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0800.751.331
VAT number: BE 0800.751.331
Registered office: Doorniksesteenweg(Kor) 29, 8500 Kortrijk
Names & denominations: Baltec
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 14 April 2023
Peppol: Active · Active since 30 Oct 2023
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗