Floorcoverings manufacturer Belysse, formerly known as Balta, has reported a decline in sales.

According to its full year 2025 trading update, group revenues fell 9.3% to €254.2m from €280.4m in 2024.

EU sales were down 12.2% to €110.5m, while US sales also fell by 7% to €143.7m. The group said that EU sales suffered from a soft market, with the US impacted by unfavourable USD translation, which was partially offset by increased average selling prices.

Adjusted EBITDA resulted at €34.4m, down 19% from €42.4m recorded the previous year.

James Neuling, CEO of Belysse Group, commented: “Continued soft market conditions were observed in 2025, in particular in our European Residential business line, while trading within the Commercial business lines in both US and Europe was more resilient. The reported financials of Bentley Mills were also affected by unfavourable USD translation effects.

“I want to thank the team who continue to work hard on commercial excellence, efficiency and costs while we are waiting for the markets to recover. In addition, the European business has been preparing a major upgrade of its ERP system in 2026.

“We keep progressing well in our sustainability program, achieving further reductions in CO2 emissions per m² produced of 0.9 kg, a 23% decrease versus the 2018 baseline, increasing the share of certified recycled content from 33,4% in 2024 to 36.4% in 2025 and successfully re-certifying collections to the latest Cradle-to-Cradle standards. We are proud to be the first flooring company to achieve Cradle to Cradle Certified® Full Scope Gold for our certified carpet tile collections according to version 4.0.”