Financials
Financial year 2025
Baltimore Aircoil Belgium from Heist-op-den-Berg, company number BE0859582227, closed financial year 2025 with a result of € 184,937 after tax. For that financial year Baltimore Aircoil Belgium recorded a gross margin of € 1.1 million and equity of € 691,486. Compared with financial year 2024, the result moved from € 177,465 to € 184,937. Profitable, and profit is growing. 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 26, 2026.
€ 691,486
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,937
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 276,852
▼ 22% 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 € 629,986.
People and assets in 2025
9.7
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 871,025
▲ 1% vs 2024
€ 89,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 50,156
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 257,765
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 583,355 | € 944,219 | € 1,109,568 | € 1,135,425 | ▲ 2% |
| Profit after taxes | € 98,557 | € 156,295 | € 177,465 | € 184,937 | ▲ 4% |
| Equity | € 172,790 | € 329,085 | € 506,549 | € 691,486 | ▲ 37% |
| Total debts | € 144,815 | € 284,116 | € 274,566 | € 307,921 | ▲ 12% |
| Cash | € 102,414 | € 199,851 | € 354,259 | € 276,852 | ▼ 22% |
| Retained profit | € 111,290 | € 267,585 | € 445,049 | € 629,986 | ▲ 42% |
| Balance sheet total | € 317,605 | € 613,200 | € 781,115 | € 999,407 | ▲ 28% |
| Employees (FTE) | 6.2 | 8.1 | 9.2 | 9.7 | ▲ 0.5 |
Key figures of Baltimore Aircoil Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Baltimore Aircoil Belgium?
What happened at Baltimore Aircoil Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Voluntas Consultancy BV stepped down as director. NBB
- Veerle Proost stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 184,937 (▲ 4% vs 2024). Source: NBB ↗
- David Jacobs stepped down as director. NBB
- Voluntas Consultancy BV became a director. NBB
- David Jacobs became a director. NBB
- Veerle Proost became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
In short
From € 98,557 profit in 2022 to € 184,937 profit in 2025.
Paid € 253,239 in corporate taxes since 2022.
Best year ever: 2025, with € 184,937 profit.
On average € 117,100 of value added per employee in 2025.
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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 Baltimore Aircoil International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Baltimore Aircoil BelgiumThe shares are held by Baltimore Aircoil International (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2025
Managing director · represented by David Jacobs
Also active at: Baltimore Aircoil International
since 2025 · until 2030
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark Zn
2220 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.582.227
- VAT number
- BE 0859.582.227
- Registered office
- Industriepark Zn, 2220 Heist-op-den-Berg
- Names & denominations
- Baltimore Aircoil Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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