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BTN

Active Public limited companyfounded 1983active for 43 yearsRue du Progrès 16, 4821 DisonKBO/BCE: BE 0424.672.928 subsidiary of HH CONSULT#2 employer in the province of Liège, Machinery and equipment sector
BTN
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Overview

Lifetime

20 annual accounts with figures on one time axis, 42 filings since 1984
peak €31.1m (2025)
€31.1m▲ 6.7%
peak €1.6m (2025)
€1.6m▲ 274%
peak €7.3m (2025)
€7.3m▲ 22.3%
€9.2m▲ 5.8%
peak 153.5 FTE (2025)
153.5 FTE▲ 10.8%
Board5 names since 2017
4 directorsFRANSSEN LC and 3 others
Owners7 names in the annual accountsall names
50.02%HH CONSULT and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025financial year
Result from €439,982 to €1.6mStaff from 138.6 FTE to 153.5 FTECapital increase to FRANCS 6,000,000 15-07Dividend €400,000Equity from €6.0m to €7.3mCash from €1.0m to €2.1m

Key points

from the 2025 annual accounts

Equity

€7.3m ▲ 22.3%

BTN has made a profit in every financial year since 2006.

Result

€1.6m ▲ 274%
€440,0002024€1.6m2025

The result rose in 2025 from €439,982 to €1.6m.

Staff

156 employees on 31-12-2025
135202126820227459202314112820242412302025

In 2025, 241 people joined and 230 left. On top of that, 5.6 agency workers worked there on average.

Payment terms

45 days to suppliers
Suppliers
56 to 45
Customers
18 to 15

BTN pays its suppliers 11 days earlier than in 2024. Customers pay 3 days earlier.

Filings

42 annual accounts since 1984
AprilJune31 JulyOctober199520102025

Four of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.

Position in the sector

€1.6m

Higher net result than 85% of companies in machinery and equipment. Sector median €150,798 · 384 companies.

Checked score

97
Excellent
Financially stronger than 73% of medium-sized companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 101 companies (NACE 28, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

68+3equity 43.1% of total assets
49+7short-term debt 35.2% · cash 12.1%
76+12return on assets 9.7%

Score breakdown

lowers risk
Founded in 1983
Profit of €1.6m (financial year 2025)
Size: turnover €31.1m, 153.5 FTE, total assets €17.0m
Liquidity: current ratio 1.81, cash €2.1m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, medium-sized). It does better than 62% of them on solvency, 74% on liquidity, 81% on profitability and 74% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,579 companies had the same profile as BTN has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BTN itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,579 companies, not a prediction for BTN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €700,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.81 (1.65 in 2024), above the usual 1.5. Short-term debt is 35.2% and cash 12.1% of total assets. However, 56.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1983
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.6m (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €31.1m, 153.5 FTE, total assets €17.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.81, cash €2.1m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
29 days early
2023
5 days early
2022
30 days late
2021
10 days late
2020
32 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SC
SPRL COV Consult
Chair, VERMEIRE Benoit
SH
SA HH Consult
Managing director, Heyen Helmut
FL
FRANSSEN LC
Director, FRANSSEN Laurent Yves Thierry
JC
JG CONSULT
Director, GRUSLIN Jean
V
VMD
Auditor, Olivier Deflandre
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0424672928
Capital increase to FRANCS 6,000,000 Capital after the increase: FRANCS 6,000,000, 3,000 new shares · Reappointments: FRANSSEN LC, JG Consult, HH CONSULT and COV CONSULT · Permanent representatives: FRANSSEN Laurent Yves Thierry, GRUSLIN Jean, Heyen Helmut and VERMEIRE Benoit · General meeting of 26-06-2025 · Gazette deed
2 directors appointed, 2 reappointments Reappointments: SPRL COV Consult and SA HH Consult · Appointments: SA HH Consult (managing director) and SPRL COV Consult (chair of the board) · Permanent representatives: Benoit Vermeire and Helmut Heyen · General meeting of 02-06-2023 · Gazette deed
Reappointment: SPRL Franssen LC (director) Permanent representative: Laurent Franssen · General meeting of 06-06-2024 · Gazette deed
All 55 events

Comparable companies

same main activity, similar in size and age
Company
BTN Dison €31.1m 8.5% 43.1% 153.5
TECHNIGROUP Herentals €24.6m 9.8% 29.5% 103.9
Alfa Technical Installations Lokeren €36.6m 1.4% 23.1% 99.7
Spiromatic Nazareth-De Pinte €48.6m 3.2% 29.7% 102.1
TLD LEBRUN Frameries €46.5m -8.3% 3.8% 188.8
Clayton of Belgium Bornem €21.9m -2.9% 60.8% 105.9
EcoWater Systems Europe Olen €18.6m -0.2% 84.1% 98.3
-10%0%10%20%€10m€100m€1bnBTNEBIT margin

Grey: the largest companies of the sector (machinery and equipment (NACE 28)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BTN: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €12m and €32m, founded between 1961 and 1991.

Official details

Source: KBO
Status
Active since 25-08-1983Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28250and 1 other
Establishment unit
2.023.218.5754821 Dison, since 25-08-1983
Financial year end
31 December
Peppol
Reachable since 08-10-2025
Company details

Annual accounts 2025

€31.1m▲ 6.7%
€1.6m▲ 274%
€7.3m▲ 22.3%
€17.0m▲ 13.8%
Employeeson 31-12-2025
156▲ 7.6%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on BTN

BTN has existed since 1983. Turnover grew from €5.5m in 2006 to €31.1m in 2025 and staff from 35.7 to 153.5 full-time equivalents.

Turnover has grown every year since 2020.

HH CONSULT holds 50.02% of the shares. In December 2024, the Official Gazette published the appointment of SA HH Consult as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 02-07-2026, 29 days before the deadline
€31.1m
▲ 6.7%
€2.6m
▲ 137%
€3.6m
▲ 80.3%
€2.6m
▲ 97.5%
43.1%
▲ 3.0 percentage points
1.81
▲ 0.16
In the rankings #2 employer in the province of Liège, Machinery and equipment sector#3 company by total assets in Dison, Manufacturing sector#5 company by staff growth in the province of Liège, Machinery and equipment sector

Money flows

of every €100 of turnover, €5.29 remains as profit in 2025

Balance sheet

balance sheet total €17.0m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

43.1%

Higher than 54% of 384 companies in 2025.

1.81

Higher than 56% of 382 companies in 2025.

9.7%

Higher than 73% of 383 companies in 2025.

BTN Middle half of the sector 80% of the sector Full accounts in machinery and equipment (NACE 28)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women8% women

135 men and 11.5 women in full-time equivalents in 2025.

€56,768

Men €58,579, women €70,064 per full-time equivalent. Jobs differ, so this is not a pay gap.

+11 people

people who joined people who left

In 2025, 241 people joined and 230 left. Training hours in 2025: 1,216. Agency workers: 5.6 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 17.0m14.9m12.8m13.0m9.3m8.5m8.8m7.9m7.4m6.1m6.4m6.6m6.3m6.4m6.6m5.5m5.8m5.7m4.3m2.7m
20 -------------07,79822,92138,04453,16768,291-
21/28 6.2m6.0m3.8m3.5m2.7m2.8m3.2m3.6m3.0m2.7m2.4m2.8m2.3m2.3m2.4m2.2m2.4m2.3m1.5m71,693
21 1,5172,2173,0999121,6422,3724,0141,9573,2305,0146,2713,8435,2814,54500000627
22/27 6.2m6.0m3.8m3.5m2.7m2.8m3.2m3.6m3.0m2.7m2.4m2.8m2.3m2.3m2.4m2.2m2.3m2.3m1.5m71,066
22 2.4m2.5m2.5m2.2m1.3m1.4m1.5m1.6m1.7m1.7m1.3m1.4m1.5m1.6m1.7m1.8m1.9m2.0m265,725-
23 493,625612,958682,496471,502530,632636,600662,790486,701556,808621,668708,581788,757671,310597,305574,703380,026338,928109,14953,33126,405
24 55,25325,50735,95619,72017,40627,38724,58715,96228,16655,51257,69070,36043,62034,10239,33239,05051,37861,25325,45531,616
25 2.5m2.9m642,984818,194844,937---------------
26 ----------00883,0899,64416,40125,18733,97310,25913,045
27 718,99700030,6670097,705--0101,41799,36725,476--001.1m-
28 10,00010,000------------------
280 ----------------00--
281 ----------------00--
282 ----------------00--
283 ----------------00--
284/8 10,00010,000------------------
284 10,00010,000--------------00--
285/8 ----------------00--
29/58 10.8m8.9m9.0m9.5m6.6m5.7m5.6m4.3m4.4m3.3m3.9m3.9m4.0m4.1m4.2m3.3m3.4m3.3m2.8m2.6m
29 ---------60,662117,802157,155214,295271,435328,575-----
290 ---------17,78717,787-000000--
291 ---------42,875100,015157,155214,295271,435328,575000--
3 6.2m5.9m5.4m4.7m3.0m1.7m2.0m2.1m1.5m1.3m1.4m1.3m1.1m1.4m1.4m1.2m964,438607,116876,099967,102
30/36 5.5m5.6m5.0m4.4m2.5m1.6m1.6m1.8m1.2m1.1m1.2m1.0m946,4661.4m1.2m996,522832,881585,363782,126816,836
30/31 5.5m5.6m5.0m4.4m2.5m1.6m1.6m1.8m1.2m1.1m1.2m1.0m946,4661.4m1.2m996,522832,881585,363782,126816,836
32 --------------0-00--
33 --------------0-00--
34 --------------0-00--
35 --------------0-00--
36 --------------0-00--
37 708,793341,228373,794313,146532,350157,751411,114340,888215,316195,164185,929261,336188,99321,825207,465175,712131,55721,75493,973150,266
40/41 2.1m1.9m2.6m3.6m2.4m1.8m2.0m1.8m2.4m1.5m1.6m2.1m2.1m2.0m2.2m1.9m1.3m2.3m1.6m1.0m
40 1.3m1.4m2.1m3.2m2.0m1.4m1.7m1.5m2.3m1.3m1.5m1.8m1.9m1.8m2.0m1.7m1.2m2.1m1.4m946,153
41 805,588450,139508,470413,405465,095401,625318,563255,804128,728216,984152,263218,470176,770118,533202,991158,47999,255125,506155,60379,939
50/53 339,386------------------500,000
50 --------------0000--
51/53 339,386-------------0000-500,000
54/58 2.1m1.0m954,2601.1m1.1m2.2m1.6m408,188553,932539,107838,508372,861537,005449,847295,997268,7411.1m467,773302,980126,440
490/1 41,56365,83224,15140,21237,53761,6126,3624,8464,5034,1317,4547,4846,01933322,268019,7581,19457414,222
Balance sheet: equity and liabilities
10/49 17.0m14.9m12.8m13.0m9.3m8.5m8.8m7.9m7.4m6.1m6.4m6.6m6.3m6.4m6.6m5.5m5.8m5.7m4.3m2.7m
10/15 7.3m6.0m5.6m4.7m4.3m4.3m3.1m2.4m2.0m1.7m1.8m1.6m1.5m1.3m1.2m998,2911.7m1.2m717,154393,947
10/11 148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800
10 148,800148,800148,800148,800148,800---------------
100 148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800148,800
101 --------------0000--
11 --------------0000--
1100/10 --------------0000--
12 --------------0000--
13 1.2m726,410726,410726,410726,410726,410452,760359,360388,480414,880414,880414,880414,880414,880414,88014,88014,88014,88014,88014,880
130/1 14,88014,88014,88014,88014,88014,880--42,875100,015157,155214,295271,435328,575385,715-----
130 14,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,88014,880
1312 --------------0000--
1319 -----00042,875100,015157,155214,295271,435328,575385,715000--
132 547,300129,080273,650273,650444,530711,530437,880344,480173,600-----0000--
133 686,729582,450437,880437,880267,000000157,125299,985242,845185,705128,56571,42514,285000--
14 5.5m4.9m4.4m3.6m3.1m3.2m2.3m1.6m1.2m947,441922,931733,574668,102507,211397,990614,8811.3m769,546451,361230,267
15 435,675256,113305,381205,444311,449265,759237,358265,510203,409234,235270,284301,161269,155277,393199,409219,729229,942221,154102,113-
19 --------------0000--
16 470,000250,000250,000-------2,3595,41920,978106,51115,15024,40199,958--5,000
160/5 470,000250,000250,000-------2,3595,41920,978106,51115,15024,40199,958--5,000
160 -----000002,3595,4198,47811,51115,15024,40114,2720--
161 --------------0000--
162 --------------0000--
164/5 470,000250,000250,000-------0012,50095,0000085,6860-5,000
168 --------------0000--
17/49 9.2m8.7m7.0m8.3m5.0m4.2m5.6m5.5m5.4m4.3m4.6m5.0m4.8m4.9m5.4m4.5m4.0m4.5m3.6m2.3m
17 3.2m3.2m1.3m1.7m1.1m1.4m1.9m2.0m1.3m1.3m1.1m1.7m1.8m2.1m2.3m2.2m2.5m2.6m1.8m618,915
170/4 3.2m3.2m1.3m1.7m1.1m1.4m1.9m2.0m1.3m1.3m1.1m1.7m1.8m2.1m2.3m2.2m2.5m2.6m1.8m618,915
170 -----00006,25031,250265,965495,565725,165855,565986,1651.1m1.2m1.1m618,915
171 -----0000000000000--
172 1.9m2.3m320,965535,689690,690684,249880,0751.2m433,440138,271225,911323,14950,04166,85248,53911,59619,04430,555--
173 1.3m940,298983,4251.2m448,097736,860974,990812,489894,8291.2m861,7251.1m1.2m1.3m1.4m1.2m1.3m1.3m670,160-
174 --------------0000--
1750 --------------0000--
1751 --------------0000--
176 --------------0000--
178/9 --------------0000--
42/48 6.0m5.4m5.6m6.6m3.8m2.8m3.8m3.5m4.1m3.0m3.5m3.3m3.0m2.8m3.1m2.3m1.5m1.9m1.8m1.7m
42 682,9691.3m1.1m749,640863,731669,363889,7071.1m1.1m629,397802,220618,784510,807401,553380,297289,048281,311234,579-37,500
43 750,4450500,000950,000---250,000420,000--250,000--230,001----373,736
430/8 750,4450500,000950,000---250,000420,00000250,000--230,000000-373,736
439 --------------1000--
44 2.4m2.9m2.4m3.5m2.2m1.4m1.8m1.1m1.8m1.3m1.4m1.2m1.1m1.3m1.2m1.1m906,2561.4m1.5m943,864
440/4 2.4m2.9m2.4m3.5m2.2m1.4m1.8m1.1m1.8m1.3m1.4m1.2m1.1m1.3m1.2m1.1m906,2561.4m1.4m919,661
441 --------------0009,12432,84024,203
46 --------------0000--
45 1.5m1.2m1.2m1.1m765,049672,225950,481777,895638,440689,659892,594952,663867,052664,3991.0m760,978329,030341,673223,448269,245
450/3 173,2055,140244,708290,3421,77827,700214,849215,8233,841236,754480,760532,238375,001262,891570,110428,13564,58166,08915,61683,888
454/9 1.3m1.2m1.0m817,341763,271644,525735,632562,071634,598452,906411,833420,425492,052401,508446,447332,843264,449275,583207,832185,357
47/48 622,79625,753363,730324,37251,10391,861156,418226,645187,170383,426426,850267,266605,246408,955258,851115,0004,3200115,83358,845
492/3 046,30634,3970001,5000024,000--14,99708,814009384,3664,497
Income statement
70/76A 32.2m29.7m29.4m27.3m19.2m15.9m17.0m16.4m14.7m12.1m12.5m11.3m12.7m12.7m11.9m9.0m7.8m8.0m7.3m5.6m
70 31.1m29.2m28.9m27.2m18.3m15.7m16.4m15.8m14.2m11.8m12.4m10.9m12.2m12.5m11.6m8.7m7.4m8.0m7.4m5.5m
71 367,565-32,56660,648-219,204374,599-253,36270,226125,57220,1539,234-75,40772,344167,168-185,64031,75344,155109,803-72,220-56,29394,156
72 -------------00000--
74 461,649516,901467,018345,308467,196---------------
76A 280,3159,5414,86815,8447834,80389,02625126,1497,29810,32818,9724,96718,6594,0211259,2521,6668,086687
60/66A 29.6m28.5m27.5m25.8m18.3m14.3m15.1m14.7m13.8m11.3m11.4m10.7m11.5m11.8m10.9m8.2m6.9m7.3m6.8m5.4m
60 16.9m16.7m17.5m17.6m11.3m8.2m8.8m8.8m7.9m6.3m6.6m5.9m6.7m7.1m6.8m4.9m3.9m4.5m4.4m3.2m
600/8 16.8m17.2m18.1m19.5m12.2m8.1m8.7m9.3m8.1m6.2m6.7m5.9m6.3m7.3m7.0m5.1m4.1m4.3m4.3m3.3m
609 55,244-560,939-635,506-1.9m-931,60075,201155,884-547,588-165,61098,338-155,748-70,001379,342-183,123-172,821-163,641-171,621120,86634,711-135,550
61 2.8m2.5m2.2m2.2m1.6m1.3m1.4m1.4m1.5m1.2m1.1m1.1m1.0m1.1m1.0m762,676721,679904,9671.1m901,058
62 8.7m8.2m6.8m5.5m4.8m4.2m4.3m4.0m3.8m3.5m3.3m3.4m3.5m3.2m2.9m2.4m2.0m1.6m1.3m1.3m
630 931,253865,289675,976533,179539,339546,581584,613464,233463,703362,083348,812303,508265,279268,178228,754244,222277,123305,64447,47742,500
631/4 3,112---0000006,43113,428128,27232,97000-75,8979,328--
635/8 220,0000250,000-00000-2,359-3,060-3,060-85,53291,361-9,251-75,55699,9580-5,000-
640/8 51,32651,41339,73832,89531,70531,42031,69833,37125,96524,84224,98424,8427129,678788612556397100100
649 ----------00000000--
66A 16,825248,2818,1168,6497,50624,04330,57933513,1685,344102,78933,8365,24724,4676,9494,5413,45777,5624,3554,841
9901 2.6m1.1m1.9m1.5m864,7211.6m1.9m1.6m912,197764,2361.1m622,3981.2m904,473990,587762,034851,836744,341548,120251,993
75/76B 131,16996,385112,455133,38982,020109,35686,912113,65876,64766,34985,02988,80188,711129,79361,71580,63370,22730,47610,2421,318
75 131,16996,385112,455133,38982,020109,35686,912113,65876,64766,34985,02988,80188,711129,79361,71580,63370,22730,47610,2421,318
750 200000000000000000--
751 207003,9594,7213,12908643,1825,5167,81610,13412,45114,8114,089000--
752/9 130,96196,385112,455129,42977,300106,22786,912112,79473,46560,83277,21378,66876,260114,98257,62680,63370,22730,47610,2421,318
65/66B 511,213597,274453,448277,416206,743167,534166,070190,290188,540177,427204,297201,096217,175256,502253,350214,793209,385186,674105,91453,310
65 511,213597,274453,448277,416206,743167,534166,070190,290188,540177,427204,297201,096217,175256,502253,350214,793209,385186,674105,91453,310
650 160,176169,827118,64943,80030,68425,73232,79042,18044,30851,80875,99389,211102,196115,197115,259122,607130,346124,45624,08020,270
651 ----------00000000--
652/9 351,037427,447334,799233,616176,059141,802133,280148,110144,233125,619128,304111,885114,980141,305138,09192,18679,04062,21781,83433,040
9903 2.2m608,8571.6m1.3m739,9991.5m1.8m1.6m800,304653,158915,148495,2401.1m771,956796,023623,458718,474512,247456,179195,847
67/77 602,488168,875393,609348,321198,994379,965532,040528,174231,978224,014306,141163,102354,048254,500280,298185,750195,846194,062119,25280,772
670/3 602,488169,000400,000355,000198,994384,000580,007528,174281,000224,300307,064163,102356,483254,548280,298190,881221,771194,062121,29982,000
77 01256,3916,67904,03547,966049,02328692302,4354805,13125,92502,0471,228
9904 1.6m439,9821.2m991,737541,0051.2m1.3m1.0m568,326429,144609,007332,138763,482517,456515,725437,708522,627318,186336,927115,075
789 129,080144,5700170,880267,0000173,600-------0000--
689 547,300-000273,650267,000170,880173,600-----0000--
9905 1.2m584,5521.2m1.2m808,005881,7101.2m863,017394,726429,144609,007332,138763,482517,456515,725437,708522,627318,186336,927115,075
Appropriation of the result
9906 6.1m5.0m4.8m4.3m4.0m3.2m2.8m2.1m1.3m1.3m1.3m1.0m1.3m915,4461.1m1.7m1.3m769,546567,194230,267
14P 4.9m4.4m3.6m3.1m3.2m---------------
791/2 -------200,000200,000-----------
791 --------------0000--
792 -------200,000200,000-----0000--
691/2 104,279144,5700170,880267,000---------400,000-----
691 -----------------0--
6920 -----------------0--
6921 104,279144,5700170,880267,000---------400,000--0--
694/7 490,33825,258359,109524,372568,95326,861480,218648,645327,555383,396419,650266,666602,591408,235332,6161.1m--115,833-
694 400,0000300,000500,000500,0000400,000500,000300,000345,396387,650266,666552,591408,235332,6161.1m-0--
695 90,33825,25859,10924,37223,92826,86180,21878,64527,55538,00032,000050,000----0115,833-
696 000045,025---------------
Social balance sheet
9087 153.5138.6125.1114.493.6898989.578.278.977.781.679.87571.75953.148.439.835.7
Men (FTE)1003 135126.7114.795.185.380.681.384.273.173.973.977.87671.2------
Women (FTE)1003 11.511.910.49.18.38.47.75.35.153.83.83.83.8------
Agency workers1501 5.64.239.86.322241.41.31.53.15.25.95.76.77.816.512.2
Hours worked1013 200,334191,717170,399140,359127,765113,723118,356119,494109,906104,231100,494105,704110,878106,39797,80483,05775,35067,73255,01251,468
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 22 older financial years (1984-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 74 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 02-07-2026.

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 full format 02-07-2026 2026-00250174 PDF
31-12-2024 full format 02-07-2025 2025-00225028 PDF
31-12-2023 full format 26-07-2024 2024-00299494 PDF
31-12-2022 full format 30-08-2023 2023-00399872 PDF
31-12-2021 full format 10-08-2022 2022-20283767 PDF
31-12-2020 full format 29-06-2021 2021-26700097 PDF
31-12-2019 full format 07-07-2020 2020-28600309 PDF
31-12-2018 full format 13-08-2019 2019-45900551 PDF
31-12-2017 full format 22-08-2018 2018-52900160 PDF
31-12-2016 full format 04-07-2017 2017-27700541 PDF
31-12-2015 full format 04-08-2016 2016-40500313 PDF
31-12-2014 full format 29-07-2015 2015-36000191 PDF
31-12-2013 full format 22-08-2014 2014-45700413 PDF
31-12-2012 full format 06-06-2013 2013-16200217 PDF
31-12-2011 full format 05-07-2012 2012-26900489 PDF
31-12-2010 full format 23-08-2011 2011-42300597 PDF
31-12-2009 full format 31-05-2010 2010-14900107 PDF
31-12-2008 full format 16-06-2009 2009-24300383 PDF
31-12-2007 full format 16-07-2008 2008-42000306 PDF
31-12-2006 full format 11-06-2007 2007-21500038 PDF
31-12-2005 full format 19-07-2006 2006-49804809 PDF
31-12-2004 full format 03-06-2005 2005-20603814 PDF
31-12-2003 full format 18-10-2004 2004-74101028 PDF
31-12-2002 full format 15-09-2003 2003-66705129 PDF
31-12-2001 full format 27-06-2002 2002-29300988 PDF
31-12-2000 full format 28-09-2001 2001-60203057 PDF
31-12-1999 full format 15-09-2000 2000-56804417 PDF
31-12-1998 full format 22-10-1999 1999-54504825 PDF
31-12-1997 full format 11-06-1998 1998-17202963 PDF
31-12-1996 full format 02-09-1997 1997-41401363 PDF
31-12-1995 full format 17-06-1996 1996-17301269 PDF
31-12-1994 full format 22-05-1995 1995-09102112 PDF
31-12-1993 full format 29-06-1994 1994-22800860 PDF
31-12-1992 full format 03-06-1993 1993-09905180 PDF
31-12-1991 full format 08-07-1992 1992-20105241 PDF
31-12-1990 full format 03-07-1991 1991-16103433 PDF
31-12-1989 full format 05-07-1990 1990-15905139 PDF
31-12-1988 full format 18-09-1989 1989-22501616 PDF
31-12-1987 full format 22-08-1988 1988-19105212 PDF
31-12-1986 full format 25-08-1987 1987-20705075 PDF
31-12-1985 full format 29-08-1986 1986-36502304 PDF
31-12-1984 full format 02-09-1985 1985-32200722 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
3.6m2.0m2.6m2.0m1.4m2.1m2.5m2.1m1.4m1.1m1.5m925,9071.5m1.2m1.2m1.0m1.1m1.0m595,597294,493
2.6m1.3m1.9m1.5m1.1m1.7m1.8m1.5m1.0m791,226957,819635,6461.0m785,634744,479681,930799,750623,830384,404157,575
1.1m3.1m982,3371.4m411,003204,069174,4211.1m689,783694,691110,300724,958291,840218,493344,661128,281309,2911.1m1.4m28,576
1.0m67,909-182,91710,298-1.1m597,3971.2m-145,74314,825-299,401465,646-164,14387,157153,85127,255-858,054659,022164,793176,540-
4.8m3.5m3.4m2.9m2.8m2.9m1.8m821,733322,725330,922473,884583,891971,0831.3m1.2m1.0m1.9m1.4m966,677950,666
8.5%3.8%6.7%5.5%4.7%10.1%11.4%10.3%6.4%6.5%9.1%5.7%10.2%7.2%8.5%8.8%11.5%9.3%7.4%4.6%
43.1%40.1%43.9%36.0%46.5%50.4%35.9%30.4%26.4%28.7%27.7%24.1%23.7%21.2%17.6%18.0%29.2%20.4%16.7%14.6%
1.811.651.601.441.722.031.491.231.081.111.141.181.321.461.371.452.251.721.531.56
0.760.550.640.720.941.430.950.630.720.690.750.790.950.970.930.931.621.411.050.99
1.261.451.241.781.150.981.792.292.782.492.613.153.213.644.684.522.373.904.995.86
22.5%7.3%21.3%21.2%12.5%26.8%39.8%43.0%29.1%24.6%34.7%20.8%50.9%38.4%44.4%43.8%31.0%27.6%47.0%29.2%
9.7%2.9%9.3%7.6%5.8%13.5%14.3%13.1%7.7%7.1%9.6%5.0%12.0%8.1%7.8%7.9%9.0%5.6%7.8%4.3%
22.2311.6321.9946.0645.7683.1774.7349.8631.0521.7419.4210.3814.7910.1810.588.218.668.4424.7314.53
15 days18 days26 days43 days39 days32 days37 days35 days59 days39 days44 days62 days58 days54 days64 days71 days60 days97 days71 days63 days
45 days56 days44 days64 days61 days53 days63 days40 days70 days65 days64 days63 days50 days58 days56 days71 days71 days93 days98 days85 days

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.

Revenue breakdown

as filed

By activity 2022

  • Vente de batteries €27,158,045100.0%

Source: 2022 accounts, page 23, filing 2023-00399872

All years (2012 to 2022)
By activity20122013201420152016201720182019202020212022
Vente de batteries€12,543,595€12,207,208€10,922,637€12,372,436€11,815,936€14,210,350€15,844,510€16,415,119€15,721,493€18,349,585€27,158,045

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date15614513211799
full-time14713411910684
part-time911131115
in full-time equivalents153.5142.6128.7114.496.6
146.5138.6125.1104.293.6
On a permanent contract1171201069489
Joined241141742613
Left2301285985
Agency workers, average number5.64.239.86.3
Training hours1,21662760623010,031

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets-€1.6m€1.6m€1.9m€150,000
Mortgages, amount registered-€50,000€50,000€50,000€50,000
-€1.5m€1.5m€1.5m€1.5m
Carrying value of the mortgaged assets-€458,324€382,963€449,149€543,328
Mandates to pledge the business-€440,000€440,000€440,000€440,000

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€1.1m€3.0m€978,837€1.4m€411,003
Intangible fixed assets--€3,500--
Financial fixed assets-€10,000---
€931,253€865,289€675,976€533,179€539,339

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

Auditor

fees

The auditor is VMD.

Item20252024202320222021
Fee for the audit€7,500€7,500€7,200€8,900€6,900

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on BTN

The operating result for 2025 is 137% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 58.2% to 54.1%. Equity and debt are higher.

Board & ownership

Board

4 directors, 1 in day-to-day management, 1 auditor, last change in 2025
SPRL COV Consult
Chair of the board and director, permanent representative VERMEIRE Benoit
chair of the board appointed by deed of 09-12-2024 director since 02-06-2023 6-year term from 2023
listed in the 2025 annual accounts, filed on 02-07-2026
SA HH Consult
Director and managing director, permanent representative Heyen Helmut
director since 02-06-2023 managing director appointed by deed of 09-12-2024 6-year term from 2023
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 02-07-2026
FRANSSEN LC BV
Director, permanent representative FRANSSEN Laurent Yves Thierry
in office according to the deed of 15-07-2025
also on the board of 1 other company
JG CONSULT BV
Director, permanent representative GRUSLIN Jean
in office according to the deed of 15-07-2025
also on the board of 1 other company
VMD
Statutory auditor, permanent representative Olivier Deflandre
appointed by deed of 07-05-2021
SA HH Consult
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 18: Représentation de la société La société est représentée dans les actes, y compris ceux où interviennent un fonctionnaire public…”
deed of 15-07-2025
Permanent representatives 4
Heyen Helmut
Permanent representative, for SA HH Consult
in office according to the deed of 15-07-2025
VERMEIRE Benoit
Permanent representative, for SPRL COV Consult
appointed by deed of 09-12-2024
FRANSSEN Laurent Yves Thierry
Permanent representative, for FRANSSEN LC
in office according to the deed of 15-07-2025
GRUSLIN Jean
Permanent representative, for JG CONSULT
in office according to the deed of 15-07-2025

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
FRANSSEN LC
Director
JG CONSULT
Director
SA HH Consult
Director, Managing director
SPRL COV Consult
Director, Chair of the board
VMD
Statutory auditor
LeadershipBoardRest of the term
Mandates as a list
  • FRANSSEN LC
    • Director, from 16-05-2017 to date
  • JG CONSULT
    • Director, from 16-05-2017 to date
  • SA HH Consult
    • Director, from 16-05-2017 to date
    • Managing director, appointed by deed of 09-12-2024, still in office
  • SPRL COV Consult
    • Director, from 16-05-2017 to date
    • Chair of the board, appointed by deed of 09-12-2024, still in office
  • VMD
    • Statutory auditor, from 26-06-2020 to date

See the board, name and registered office on a given date →

Control

Parent
HH CONSULT
Equity €2.3m
Profit €1,233 in 2025 (profit €287,096 in 2024)
Checked score 92
50.02%
This company
BTN
Equity €7.3m
Profit €1.6m in 2025

Further up the chainATELIERS TOUSSAINT NYSSENNE SA consolidates

and 2 other shareholders

Capital

Capital
€148,800
Shares
5,000
Contribution per share
€29.76
Equity per share
€1,465 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
HH CONSULT
50.02%
50.02%
COV CONSULT
25%39.98%49.98%
49.98%
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS
14.98% until 2013
SOPARGI
20.52%
20.52% until 2010
Société d'Investissement du Bassin liégeois
25.62% until 2009
SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE
25.14% until 2009
MUNTERS BELGIUM
99%
99% until 2007
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 15-07-2025 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors

Shareholders

3 owners

Owners 3

Capital transactions

Capital over time
  1. 15-07-2025 Capital increase of FRANCS 3,000,000 · to FRANCS 6,000,000 · 3,000 new shares · in cash
  2. 15-07-2025 Capital increase of €63.89 · no new shares · from reserves

Network & group

Group

HH CONSULT has 2 holdings (2025 accounts), the bar shows equity in euros
ParentHH CONSULT2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

  • BE B.T.N. s.a.50.02% €7.3m result €1.6m
  • BE Immo Ysolde50% €518,717 result €162,654

Source: list of holdings in the 2025 accounts of HH CONSULT. Every holding stands with its own latest accounts.

Earlier ties

VERMEIRE AANDRIJVINGEN
via COV CONSULT, no longer at VERMEIRE AANDRIJVINGEN · Managing director · deed of 26-04-2022
founded in 2004
 3 FTE (2025)
Aciers Crustin
via COV CONSULT, no longer at Aciers Crustin · Daily management delegate · deed of 02-08-2022
founded in 1958
 2.5 FTE (2025)
PROLUB
via JG CONSULT, no longer at PROLUB · Director · deed of 11-09-2020
founded in 2010
 total assets €1.9m (2025)

Connections & network

4 connected companies
Depth
DWELLING, Shared corporate director DDWELLINGFIXINOX, Shared corporate director FFIXINOXIMMO YSOLDE, Shared corporate director IYIMMO YSOLDEProduits pour le Commerce et l'Industrie, Shared corporate director PPProduits pourle Commerce…Aciers Crustin, Shared corporate director ACAciers CrustinPROLUB, Shared corporate director PPROLUBVERMEIRE AANDRIJVINGEN, Shared corporate director VAVERMEIREAANDRIJVINGENBTN BTN0424.672.928
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Produits pour le Commerce et l'Industrie
via COV CONSULT · Daily management delegate · deed of 09-11-2022
Founded in 1970 · total assets €24.0m (2025)
→
FIXINOX
via HH CONSULT · Director · deed of 02-09-2022
Founded in 1994 · 42 FTE (2025)
→
DWELLING
via FRANSSEN LC · Director · deed of 30-12-2020
Founded in 2014 · 23 FTE (2025)
→
IMMO YSOLDE
via HH CONSULT · Director · deed of 20-10-2022
Founded in 2020 · total assets €1.6m (2025)
→

Timeline

Timeline

55 events since 1983

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 29 days before the deadline
2025
Highest result from 2006 to 2025 net €1.6m ▲274% The operating result of €2.6m and the net result of €1.6m are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0424672928
Capital increase to FRANCS 6,000,000Capital after the increase: FRANCS 6,000,000, 3,000 new shares · Reappointments: FRANSSEN LC, JG Consult, HH CONSULT and COV CONSULT · Permanent representatives: FRANSSEN Laurent Yves Thierry, GRUSLIN Jean, Heyen Helmut and VERMEIRE Benoit · General meeting of 26-06-202517 points ▸
  • General meeting, 26-06-2025
  • Purpose change, “La société a pour objet, la conception, l’achat, la vente, la représentation, la fabrication, la réparation et l’entretien de tous produits destinés à l’échange…” (deed in French)
  • Capital, €148,800, 5,000 shares
  • Capital increase, francs 3.000.000
  • Financial instrument, 30-03-1993
  • Capital increase, €63.89
  • Financial instrument, 13-12-2006
  • Kind of shares, 29-09-2011
  • Director reappointment, FRANSSEN LC
  • Permanent representative, FRANSSEN Laurent Yves Thierry
  • Director reappointment, JG Consult
  • Permanent representative, GRUSLIN Jean
  • Director reappointment, HH CONSULT
  • Permanent representative, Heyen Helmut
  • Director reappointment, COV CONSULT
  • Permanent representative, VERMEIRE Benoit
  • Registered office clause, rue du Progrès 16, 4821 Dison
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 29 days before the deadline
2024
2 directors appointed, 2 reappointmentsReappointments: SPRL COV Consult and SA HH Consult · Appointments: SA HH Consult (managing director) and SPRL COV Consult (chair of the board) · Permanent representatives: Benoit Vermeire and Helmut Heyen · General meeting of 02-06-20237 points ▸
  • General meeting, 02-06-2023
  • Director reappointment, SPRL COV Consult
  • Director reappointment, SA HH Consult
  • Director appointment, SA HH Consult (managing director)
  • Director appointment, SPRL COV Consult (chair of the board)
  • Permanent representative, Benoit Vermeire (director)
  • Permanent representative, Helmut Heyen (director)

Open the deed in the Belgian Official Gazette

Reappointment: SPRL Franssen LC (director)Permanent representative: Laurent Franssen · General meeting of 06-06-20243 points ▸
  • General meeting, 06-06-2024
  • Director reappointment, SPRL Franssen LC
  • Permanent representative, Laurent Franssen

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 5 days before the deadline
2023
Equity above €5m equity €5.6m ▲20.1% Equity rises from €4.7m to €5.6m.
Reappointment: VMD (statutory auditor)General meeting of 02-06-20232 points ▸
  • General meeting, 02-06-2023
  • Auditor reappointment, VMD (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 30 days late
2022
Annual accounts 2021 filed PDFfull format · 10 days late
2021
Annual accounts 2020 filed PDFfull format · 32 days before the deadline
Appointment: VMD (statutory auditor)General meeting of 26-06-20202 points ▸
  • General meeting, 26-06-2020
  • Auditor appointment, VMD (statutory auditor)

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 24 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · 13 days late
2018
Equity above €2m equity €2.4m ▲22.9% Equity rises from €2.0m to €2.4m.
Annual accounts 2017 filed PDFfull format · 22 days late
2017
Annual accounts 2016 filed PDFfull format · 27 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 4 days late
2015
Annual accounts 2014 filed PDFfull format · 2 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 22 days late
2013
Annual accounts 2012 filed PDFfull format · 55 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 26 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 23 days late
2010
Annual accounts 2009 filed PDFfull format · 61 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 45 days before the deadline
2008
Equity above €1m equity €1.2m ▲61% With a profit in every financial year since 2006, equity grows to €1.2m.
Annual accounts 2007 filed PDFfull format · 15 days before the deadline
2007
Equity above €500,000 equity €717,154 ▲82% With a profit in every financial year since 2006, equity grows to €717,154.
Annual accounts 2006 filed PDFfull format · 50 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1988
Annual accounts 1987 filed PDFfull format
1987
Annual accounts 1986 filed PDFfull format
1986
Annual accounts 1985 filed PDFfull format
1985
Annual accounts 1984 filed PDFfull format
1983
First establishment Rue du Progrès 16, Dison
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 25 August 1983, BTN was incorporated.1 In 2025 the capital was increased by €64.2 Turnover went from €15.8m in 2018 to €31.1m in 2025 and headcount from 89.5 to 154 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-07-2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0424.672.928
VAT number
BE 0424.672.928
Peppol ID
0208:0424672928
Other Peppol ID
9925:BE0424672928
LEI code
64882A29GU6FM84H4D31 live in the LEI register
Legal form
Public limited company
Status
Active, normal situation
Founded
25-08-1983
Financial year
ends on 31 December
Peppol
Reachable since 08-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BTN in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-07-2025 (in French)

Activities

NACEBEL 2025
VAT activities
28250 Manufacture of machinery and equipment not elsewhere classified main activity
46900 Non-specialised wholesale trade
Social security (RSZ) activities
28250 Manufacture of machinery and equipment not elsewhere classified main activity
Codes under NACEBEL 2008
VAT activities
28250 Manufacture of machinery and equipment not elsewhere classified main activity
46900 Non-specialised wholesale trade
Social security (RSZ) activities
28250 Manufacture of machinery and equipment not elsewhere classified main activity
Codes under NACEBEL 2003
VAT activities
51900
Social security (RSZ) activities
29230 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Progrès 16 registered office 4821 Dison 25-08-1983 2.023.218.575

Location

registered office establishment approximate The establishment unit on the map

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