Financials
Financial year 2025
Revenue
€ 652,233
▼ 10% vs 2024
Profit
Caution€ -8.4 million
▼ 117% vs 2024
Debts
Low€ 57.8 million
▼ 17% vs 2024
Baltisse Real Estate from Gent, company number BE0866682528, closed financial year 2025 with a result of € -8.4 million after tax. For that financial year Baltisse Real Estate recorded revenue of € 652,233 and equity of € 271.8 million. Compared with financial year 2024, the result moved from € 49.2 million to € -8.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
What happened at Baltisse Real Estate?
What happened at Baltisse Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick VERBRUGGE stepped down as director. NBB
- Simon BALCAEN stepped down as director. NBB
- Catherine MATTON stepped down as director. NBB
- Filiep BALCAEN stepped down as director. NBB
- Louis BALCAEN stepped down as director. NBB
- Marc JANSSENS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8.4 million (▼ 117% vs 2024). filed late Source: NBB ↗
- Patrick VERBRUGGE became a director. NBB
In short
From € 11.4 million profit in 2021 to € 8.4 million loss in 2025.
Paid € 169,348 in corporate taxes since 2021.
Best year ever: 2023, with € 70.3 million profit.
Paid out € 190 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of COREC HOLDING, 100% of BALTISSE REAL ESTATE LUX, 100% of PARTICIMMO, 100% of GRIBA INVEST, 99.5% of VICTORIA REGINA HOLDING and 99.4% of BALTISSE REAL ESTATE INVESTMENTS itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Louis BALCAEN
Director
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
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Details
- Company number
- 0866.682.528
- VAT number
- BE 0866.682.528
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- Baltisse Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 2004
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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