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BALTA INDUSTRIES

Active
Public limited companyfounded 1990active for 36 yearsWakkensteenweg(S.B.V.) 2, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0441.533.409
Summary

BALTA INDUSTRIES has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32.1m and a net result of €6.3m, of which €43.4m non-recurring income. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 6% of 194 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Group and network

Part of the group VICTORIA P.L.C. 4 companies Group, risk and exposure

Holdings and subsidiaries

5 holdings

Holdings 5

Source for every holding own accounts 31-03-2025

  • BALTA ORIENT TEKSTIL SANAYI VE TICARET A.STRsubsidiary
    Equity TRY 328.6mResult -TRY 12.2m
    100%
  • BALTA USUSsubsidiary
    Equity USD 14.9mResult USD 589,902
    100%
  • Ragolle Rugssubsidiary
    Equity €16.1mResult €1.2m
    100%
  • Equity €46.3mResult €3.0m
    95.36%
  • BALTA FLOORCOVERING YER DÖSEMELERI SANAYI VE DISTRsubsidiary
    Equity TRY 1.25bnResult TRY 35.6m
    92.8%+ 7.2% via subsidiaries
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

According to the annual accounts to 31-03-2025 of BALTA INDUSTRIES and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

33 connected companies
Linked via shared directors
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Acquisitions and mergers

5 transactions
Took over:Balta Services
BE 0777.930.003operation treated as a merger by absorption · Gazette deed of 23-09-2024 (4 acts)
Received in a demerger part of:FIPROMOB
BE 0460.614.891Gazette deed of 16-08-2004 (2 acts)
Split off to:ITC Co
BE 0777.929.607partial demerger · Gazette deed of 20-04-2022 (2 acts) · effective 31-03-2022
BE 0889.387.654Gazette deed of 13-07-2007 · effective 30-06-2007
Split off to:IVC
partial demerger · Gazette deed of 16-08-2004 (2 acts)