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
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BALTISSE from Gent, company number BE0885922180, closed financial year 2025 with a result of € 67.3 million after tax. For that financial year BALTISSE recorded revenue of € 2.6 million and equity of € 1.2 billion. Compared with financial year 2024, the result moved from € 257.6 million to € 67.3 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 7, 2026.
€ 1.2 billion
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67.3 million
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 29.9 million
▲ 39% 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 € 434.8 million.
People and assets in 2025
23.3
▲ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 22% vs 2024
€ 109,000 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.
€ 752,816
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15 million
Loans from banks and other lenders, long and short.
€ 2.8 million
▲ € 2.6 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 485,564
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,930,541 | € 2,666,880 | € 2,563,464 | € 2,593,809 | ▲ 1% |
| Profit after taxes | € 67,253,766 | € -1,037,041 | € 257,564,495 | € 67,313,316 | ▼ 74% |
| Equity | € 298,165,189 | € 897,126,967 | € 1,154,691,462 | € 1,222,004,778 | ▲ 6% |
| Total debts | € 758,061,768 | € 247,054,081 | € 39,710,473 | € 50,342,641 | ▲ 27% |
| Cash | € 10,115,584 | € 10,696,257 | € 21,550,173 | € 29,901,999 | ▲ 39% |
| Land & buildings | € 28,089,172 | € 27,065,925 | € 26,002,686 | € 25,108,887 | ▼ 3% |
| Retained profit | € 110,973,189 | € 109,936,148 | € 367,500,643 | € 434,813,960 | ▲ 18% |
| Bank debt | € 679,192,500 | € 187,000,000 | € 0 | € 15,000,000 | |
| Balance sheet total | € 1,056,226,957 | € 1,144,181,048 | € 1,194,401,935 | € 1,272,347,420 | ▲ 7% |
| Employees (FTE) | 13.8 | 13.9 | 18.1 | 23.3 | ▲ 5.2 |
Key figures of BALTISSE, 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 BALTISSE?
What happened at BALTISSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A3M BV stepped down as director. NBB
- Simon BALCAEN stepped down as director. NBB
- Louis BALCAEN stepped down as director. NBB
- Filiep BALCAEN stepped down as director. NBB
- JOVETI BV stepped down as director. NBB
- Maxime JADOT stepped down as director. NBB
- BONEM BV stepped down as director. NBB
- Marc JANSSENS stepped down as director. NBB
In short
From € 67.3 million profit in 2022 to € 67.3 million profit in 2025.
Paid € 21,966 in corporate taxes since 2022.
Best year ever: 2024, with € 257.6 million profit.
Pays suppliers within 39 days on average.
A new publication or filing at BALTISSE? We notify you, reason included.
Follow BALTISSEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
It owns 100% of SPARK POWER , 100% of INSURECO, 100% of BALTISSE US INC, 99.7% of BALTAIR, 97.6% of BALTINKA and 97.6% of SPRING MAATSCHAP itself.
Directors
According to the 2025 annual accounts
Director · represented by Axel Despriet
Also active at: MITISKA REAL ESTATE INVESTMENT MANAGEMENT, Alouette
since 2025 · until 2027
Simon BALCAEN
Director
Also active at: VICTORIA REGINA, Well One, Victoria Regina Holding, Victoria Hotel Opco, Victoria Co-working Opco, SPEEDWELL, COSY, Baltisse Real Estate
since 2021 · until 2027
since 2021 · until 2027
Filiep BALCAEN
Chairman of the board
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +23 more
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Director · represented by Marc OOMS
Also active at: Greenyard, PHYTO-TECHNICS, BMT INTERNATIONAL, RégimA Europe
since 2021 · until 2027
Marc JANSSENS
Director
Also active at: ARGIBEL, Sharp Insurance Brokers, BUILDING, GRADA INTERNATIONAL, SERVINT, PHYTO-TECHNICS, Floorenter, LIEGE BECASSE +32 more
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
+50 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
- 0885.922.180
- VAT number
- BE 0885.922.180
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- BALTISSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2006
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering