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BALHAN

Active Private limited companyfounded 1995active for 31 yearsRue aux Laines 63A, 4800 VerviersKBO/BCE: BE 0454.540.713
BALHAN
Financial year 2025
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Annual accounts 2025

micro format, filed on 07-07-2026, 24 days before the deadline
€35,501
▲ 24.7%
€30,776
▲ 245%
€27,831
▲ 442%
€43,013
▲ 44.2%
35.5%
▼ 0.2 percentage points
1.72
▲ 0.23

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €160,000 and €360,000.

Balance sheet

balance sheet total €179,942 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

35.5%

Higher than 37% of 37,177 companies in 2025.

1.72

Higher than 47% of 36,472 companies in 2025.

15.5%

Higher than 70% of 36,707 companies in 2025.

BALHAN Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 179,942101,289117,711145,958183,864202,972191,237169,536177,159227,091237,355262,722270,966330,810341,838428,998466,530335,788327,755332,371
21/28 76,7979,43527,26449,12270,98184,27033,05641,09949,14150,15656,85789,135130,265174,207224,124275,377311,813225,287200,661213,948
22/27 76,7979,43527,14048,99870,85784,14632,93240,97549,01748,23054,93186,929128,059172,001221,918273,171309,607223,081198,455211,742
22 ---------10,48910,48910,48910,48910,48910,48910,48910,48910,48910,48910,489
23 -1,7846,85316,07625,29825,95223,69228,07332,45536,88642,61657,57673,17590,242106,239123,571140,764152,078168,320167,679
24 76,7977,65120,28732,92345,55858,194-2855708541,139-2,4104,83414,27023,70725,34337,88517,52729,787
26 ----------6876,54917,35529,49141,65953,82859,12022,6292,1193,787
28 --1241241241241241241241,9261,9262,2062,2062,2062,2062,2062,2062,2062,2062,206
29/58 103,14591,85490,44796,836112,883118,702158,181128,437128,018176,936180,498173,587140,701156,603117,714153,621154,717110,501127,094118,423
3 12,75413,67914,93417,97218,98215,23213,37519,90620,17522,40334,63639,60945,99558,04059,82567,09558,32568,50023,87624,695
30/36 12,75413,67914,93417,97218,98215,23213,37519,90620,17522,40334,63639,60945,99558,04059,82567,09558,32568,50023,87624,695
40/41 70,07869,91374,35778,15885,38776,032126,83195,93895,828132,874130,069107,36193,33292,31156,15684,85792,25738,85782,43780,880
40 3,0363,29713,77416,54917,84410,75063,48336,45241,06681,76476,11853,58549,20144,53847,94173,52476,35232,09677,16676,841
41 67,04166,61660,58361,60967,54365,28263,34859,48654,76251,10953,95153,77644,13147,7738,21511,33315,9056,7615,2714,039
54/58 19,4837,261421117,87026,81216,95512,10810,65721,65915,79325,084104851103772042299,7562,088
490/1 8311,0007356946446251,0204851,358--1,5331,2705,4011,6301,5923,9312,91511,02510,760
Balance sheet: equity and liabilities
10/49 179,942101,289117,711145,958183,864202,972191,237169,536177,159227,091237,355262,722270,966330,810341,838428,998466,530335,788327,755332,371
10/15 63,96336,20738,59548,359107,025107,422107,28664,60660,70051,32852,01975,95273,73867,170-17,91719,46885,66997,80286,37560,584
10/11 33,60033,60033,60033,60033,60033,60033,60033,60033,60033,60033,60033,60033,60033,60010,12610,12610,12610,12610,12610,126
100 ------33,60033,60033,60033,60033,60033,60033,60033,60025,00025,00025,00025,00025,00025,000
101 --------------14,87414,87414,87414,87414,87414,874
13 94,41069,41071,36071,36071,36071,36068,06025,31018,36017,47924,76224,76224,76224,76224,76224,76248,26258,26248,26243,262
130/1 76,05051,05053,00053,00053,00053,00049,7006,950------------
130 ------3,3603,3603,3602,4792,4792,4792,4792,4792,4792,4792,4792,4792,4792,479
1319 76,05051,05053,00053,00053,00053,00049,7006,950------------
132 ----------7,2837,2837,2837,2837,2837,2837,2837,2837,2837,283
133 18,36018,36018,36018,36018,36018,36015,00015,00015,00015,00015,00015,00015,00015,00015,00015,00038,50048,50038,50033,500
14 -64,086-66,916-67,051-57,870212262,6062,0934,554-5,674-13,0046,184-1,888-14,340-79,810-48,0893,2835,0883,2804,631
15 391136861,2691,8532,4363,0203,6034,1875,9236,66111,40617,26423,14827,00532,66923,99824,32624,7072,565
16 ---------384384384383384384384468577704854
168 ---------384384384383384384384468577704854
17/49 115,97965,08279,11697,59976,83995,54983,952104,930116,459175,379184,952186,386196,845263,256359,371409,146380,393237,409240,676270,933
17 55,847-10,09625,01839,67754,0797,47910,36713,197-3,3128,17335,38166,197145,243173,650153,283107,629122,744141,290
170/4 55,847-10,09625,01839,67754,0797,47910,36713,197-3,3128,17335,38166,197145,243173,650153,283107,629122,744141,290
42/48 60,13262,03368,75870,36836,90941,28171,34194,223103,235172,726181,000177,151159,892195,550211,907233,084225,392129,780117,932128,522
42 13,08010,09615,10115,86914,40214,14817,33428,36727,15430,10129,23934,01730,81629,04628,40829,79731,75421,21817,86525,536
43 ---165---28,12741,42942,97047,73038,11542,32449,93649,50148,17334,42418,187-13,467
430/8 ---165---28,12741,42942,97047,73038,11542,32449,93649,50148,17334,42418,187-13,467
44 9,5017,48811,1719,96218,64018,40340,79031,75632,31260,09961,42188,81558,59382,89688,688123,942147,56465,65490,31082,766
440/4 9,5017,48811,1719,96218,64018,40340,79031,75632,31260,09961,42188,81558,59382,89688,688123,942147,56465,65490,31082,766
45 6,6662,6411,307-3,8686,10513,2183,4732,33938,70941,93615,34122,06932,13038,50731,1727,0943,9679,4966,307
450/3 6,6662,6411,307-3,8686,10513,2183,4732,33938,70927,03870610,1436,9423,89313,9094,9001,7981,8194,412
454/9 ----------14,89814,63511,92625,18834,61417,2632,1942,1697,6771,895
47/48 30,88541,80841,17844,372-2,625-2,500-8476748636,0901,5426,803-4,55620,754261446
492/3 -3,0492632,2132531905,131339272,6536401,0621,5721,5092,2212,4121,718--1,121
Income statement
76A ------------3,9551,947---17,763-12,824
9900 35,50128,46714,124-33,96722,98915,03371,45943,24943,26618,80635,478161,864169,075159,942130,21291,344156,381173,873176,172125,624
62 ----------718,29285,354104,028102,11393,12996,60892,818128,162120,76287,376
630 1,54517,70521,85821,85820,9559,5828,0428,0425,6046,70213,29541,13044,19051,58651,25358,61856,56236,72036,54335,991
640/8 3,1801,8461,1491,7401,2291,4505,9804,7852,7605,9642,3753,2743,0213,1864,51011,0691,8891,5422,2082,677
66A -----------4,038-------124
9901 30,7768,916-8,883-57,5658044,00157,43630,42134,9026,1461,51632,10617,8363,057-18,680-74,9515,1127,44916,659-420
75/76B 775735845885865845896022,2647425,0185,8916,3936,1765,89418,178614448639851
75 775735845885865845896022,2647425,0185,8916,3936,1765,89418,178614448639851
65/66B 5223,8548821,1051,20491010,48723,33926,0576,84125,71915,88715,73217,10618,93218,18017,64011,0009,8878,958
65 5223,8548821,1051,20491010,48723,33926,0576,84125,71915,88715,73217,10618,93218,18017,64011,0009,8878,958
9903 30,3315,635-9,181-58,0821863,67547,5387,68411,10947-19,18518,07212,452-5,926-31,718-74,953-11,91414,6607,4114,173
67/77 2,500500---3304,275695--3--433-2,9793,9121,970
9904 27,8315,135-9,181-58,0821863,34543,2636,98911,10947-19,18818,07212,452-5,930-31,721-74,872-11,80511,8083,6493,537
789 ---------7,283----------
9905 27,8315,135-9,181-58,0821863,34543,2636,98911,1097,330-19,18818,07212,452-5,930-31,721-74,872-11,80511,8083,6493,537
Appropriation of the result
9906 -39,086-61,916-67,051-57,8702125,95145,35611,5435,435-5,674-13,00416,184-1,888-14,340-79,810-71,589-6,71715,0888,2804,631
14P -66,916-67,051-57,87021226---------------
791/2 -6,950-------------23,50010,000---
691/2 25,0005,000---3,30042,7506,950881--------10,0005,000-
6920 --------881-----------
6921 25,0005,000---3,30042,7506,950---------10,0005,000-
694/7 -6,950---2,625-2,500---10,000--------
694 -6,950---2,625-2,500------------
695 -----------10,000--------
Social balance sheet
9087 ----------0.52.83.13222333
Hours worked1013 ----------9524,3764,9695,2324,4323,7443,4725,2245,1764,191
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 07-07-2026 2026-00273042 PDF
31-12-2024 micro format 27-08-2025 2025-00412138 PDF
31-12-2023 micro format 26-08-2024 2024-00371161 PDF
31-12-2022 micro format 31-08-2023 2023-00398495 PDF
31-12-2021 micro format 31-08-2022 2022-20377509 PDF
31-12-2020 micro format 16-08-2021 2021-49200126 PDF
31-12-2019 micro format 17-08-2020 2020-41700116 PDF
31-12-2018 micro format 26-08-2019 2019-51300567 PDF
31-12-2017 micro format 20-06-2018 2018-20800188 PDF
31-12-2016 micro format 21-08-2017 2017-45300526 PDF
31-12-2015 full format 03-11-2016 2016-67400548 PDF
31-12-2014 full format 15-02-2016 2016-04300340 PDF
31-12-2013 full format 20-03-2015 2015-06600199 PDF
31-12-2012 full format 26-12-2013 2013-69700514 PDF
31-12-2011 full format 22-06-2012 2012-19500030 PDF
31-12-2010 full format 29-07-2011 2011-34700174 PDF
31-12-2009 full format 17-08-2010 2010-43000295 PDF
31-12-2008 full format 21-08-2009 2009-61000133 PDF
31-12-2007 full format 25-08-2008 2008-61200301 PDF
31-12-2006 full format 27-08-2007 2007-60100092 PDF
31-12-2005 full format 29-06-2006 2006-34103533 PDF
31-12-2004 full format 28-06-2005 2005-36002374 PDF
31-12-2003 full format 29-10-2004 2004-76704634 PDF
31-12-2002 full format 08-07-2003 2003-41403132 PDF
31-12-2001 full format 03-10-2002 2002-62702155 PDF
31-12-2000 full format 24-07-2001 2001-42102809 PDF
31-12-1999 full format 25-07-2000 2000-45705057 PDF
31-12-1998 full format 22-07-1999 1999-36201597 PDF
31-12-1997 full format 02-09-1998 1998-44403741 PDF
31-12-1996 full format 09-09-1997 1997-42702266 PDF
31-12-1995 full format 06-09-1996 1996-43001065 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
32,32126,62112,976-35,70621,76013,58365,47838,46340,50612,84814,81173,23662,02654,64332,573-16,33361,67444,16953,20235,571
29,37622,84012,677-36,22321,14112,92751,30515,03216,7136,749-5,89359,20256,64245,65619,532-16,25444,75748,52840,19239,528
78,342-124007,66670,0360016,88011,42402481,669022,182143,08863,65923,256135,747
12,2216,840410-7,858-18,9439,8574,8461,451-11,0025,866-9,29124,980-74774826-127-25-9,5277,668-
43,01329,82121,68926,46875,97477,42186,84034,21424,7834,209-502-3,564-19,191-38,947-94,193-79,463-70,675-19,2799,162-10,099
35.5%35.7%32.8%33.1%58.2%52.9%56.1%38.1%34.3%22.6%21.9%28.9%27.2%20.3%-5.2%4.5%18.4%29.1%26.4%18.2%
1.721.481.321.383.062.882.221.361.241.021.000.980.880.800.560.660.690.851.080.92
1.501.261.101.122.542.512.031.151.040.890.810.760.590.500.270.370.430.320.880.73
1.811.802.052.020.720.890.781.621.923.423.562.452.673.92-21.024.442.432.794.47
43.5%14.2%-23.8%-120.1%0.2%3.1%40.3%10.8%18.3%0.1%-36.9%23.8%16.9%-8.8%--384.6%-13.8%12.1%4.2%5.8%
15.5%5.1%-7.8%-39.8%0.1%1.6%22.6%4.1%6.3%0.0%-8.1%6.9%4.6%-1.8%-9.3%-17.5%-2.5%3.5%1.1%1.1%
61.976.9114.72-32.3218.07---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Pledge on other assets, amount secured-€10,096€25,197€40,887€54,079
Carrying value of the other pledged assets-€7,651€20,287€32,923€45,558

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€78,342---€7,666
€1,545€17,705€21,858€21,858€20,955

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BALHAN

The operating result for 2025 is nearly 3.5 times that of 2024 and the highest since 2019. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total rises from 64.3% to 64.5%. Equity and debt are higher.

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