About Balingwires
Balingwires is a private limited company (BV/SRL) based in Wervik, founded in 2007. Its main activity is classified as "Vervaardiging van artikelen van draad en van kettingen en veren". For the 2025 financial year, Balingwires reported a profit of €23,711. That makes 4 profitable financial years in a row for Balingwires. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €65,612, down 33% on 2024. It employed an average of 0.3 full-time equivalents. Equity stands at €145,638, a solvency ratio of 54%. In 2008 it was €16,468. 18 annual accounts are available, covering 2008 to 2025.
- Sectors
- Forestry companies
- Signals
-
High social debt vs. personnel costsHigh social debt vs. personnel costs 100.8%
Social debts are a high share of personnel costs, which may indicate social security arrears.
ProfitableProfitable € 24KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 146KStrong equity provides a buffer against setbacks.
Low riskLow risk 54.3%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 2.15A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 40KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 54KPositive EBITDA: operating activities are profitable.
- Investments
- Ventus 10%
Financial ratios
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2025
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2024
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2023
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2022
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€
66K
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€
98K
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€
73K
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€
120K
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€
54K
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€
66K
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€
43K
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€
104K
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€
24K
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€
31K
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€
18K
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€
79K
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€
146K
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€
122K
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€
98K
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€
79K
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54.25%
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44.52%
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38.2%
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31.65%
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€
123K
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€
152K
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€
158K
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€
171K
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€
73K
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€
71K
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€
31K
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€
47K
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0.30
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0.30
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0.50
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0.50
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Publications 15
All publications- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Wijziging Rechtsvorm - Ontslagen - Benoemingen 24/04/2023
- Maatschappelijke Zetel 09/11/2021
- Maatschappelijke Zetel 04/11/2016
- Me. - Jaarrekening 31.12.2015, Ggk 06.06.2016, Ngl 24.08.2016 16474-0151-013 31/08/2016
- Me. - Jaarrekening 31.12.2014, Ggk 01.06.2015, Ngl 26.08.2015 15481-0330-011 01/09/2015
Frequently asked questions
Answers to the most common questions about Balingwires, based on official government data and the filed annual accounts.
What is the VAT number of Balingwires?
The VAT number of Balingwires is BE0893.252.313.
How many employees work at Balingwires?
In 2025, Balingwires employed 0.30 full-time equivalents (FTE).
When was Balingwires established?
Balingwires was founded in 29-10-2007.
What is the official address of Balingwires?
The official address of Balingwires is Menensesteenweg 260/E Wervik 8940.
What is the legal form of Balingwires?
The juridical form of Balingwires is Private limited company (BV/SRL).
What is the annual revenue of Balingwires?
The 2025 accounts of Balingwires do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Balingwires a reliable company?
Balingwires is a registered Rechtspersoon with company number 0893.252.313 and can be verified through the official CBE database.
What is the credit limit of Balingwires?
The estimated credit limit of Balingwires is €64,501.
Is Balingwires still active?
Balingwires currently has the status "Normal situation" and is active.