BAL

Active

Private limited companyfounded 20206 yrs activeEmile Wautersstraat 6, 1020 Brussel, BelgiumKBO/BCE: BE 0742.622.595

Summary

The computed 12-month bankruptcy probability of BAL is 3.5% (moderate). The 2024 annual accounts show equity of €7k and a net result of €1k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability39▲+1

Solvency28▲+1

Growth52=

Track record100

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.04 against 1.02 in 2023; short-term debt: 96.6% and cash: 2.1% of total assets), and 96.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

3.4%

Return on assets

0.5%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 26043 sector peers (2024).

NBB · sector comparison

Position among 26043 sector peers

Solvency

better than 25%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

40 d late

2022

32 d late

2021

92 d late

2020

9 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€7k▲ 15.4%

2023 · €6k

2020: €4k 2021: €4k 2022: €6k 2023: €6k

2020 → 2024

Total assets

€218k▼ 47.4%

2023 · €414k

2020: €246k 2021: €357k 2022: €445k 2023: €414k

2020 → 2024

Net result

€1k▲ 84.3%

2023 · €543

2020: €3k 2021: €551 2022: €2k 2023: €543

2020 → 2024

Working capital

€7k▲ 15.4%

2023 · €6k

2020: €371 2021: €2k 2022: €6k 2023: €6k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€4k-€4k▲ 14.3%€6k▲ 35.3%€6k▲ 9.1%€7k▲ 15.4%

Operating result€5k-€3k▼ 32.9%€3k▼ 2.1%€2k▼ 51.4%€1k▼ 5.6%

Net result€3k-€551▼ 79.2%€2k▲ 182%€543▼ 65.1%€1k▲ 84.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen four years in a row; 2024 is 6% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €218k

96.6%

Equity €7k ▲ 15.4%

Debt €210k ▼ 48.4%

Debt's share of the balance-sheet total falls from 98.4% to 96.6%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

Current ratio

1.04▲

2023 · 1.02

Quick ratio

0.96▼

2023 · 1.00

Debt to equity

28.04▼

2023 · 62.68

ROE

13.3%▲

2023 · 8.4%

ROA

0.5%▲

2023 · 0.1%

Debt ≤ 1 year

€210k▼

2023 · €407k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines

Balance sheet Code20232024

Assets

Total assets20/58€414k€218k▼

Current assets29/58€414k€218k▼

Stocks and contracts in progress3€6k€17k▲

Stocks30/36€6k€17k▲

Amounts receivable within one year40/41€388k€196k▼

Trade receivables40€189k€3k▼

Other amounts receivable41€199k€193k▼

Cash at bank and in hand54/58€20k€5k▼

Deferred charges and accrued income490/1€55-

Equity and liabilities

Total equity and liabilities10/49€414k€218k▼

Equity10/15€6k€7k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€5k€6k▲

Amounts payable17/49€407k€210k▼

Amounts payable within one year42/48€407k€210k▼

Trade debts44€80k€190k▲

Suppliers440/4€80k€190k▲

Advances received on contracts in progress46€95k-

Taxes, remuneration and social security45€163€163=

Taxes450/3€163€163=

Other amounts payable47/48€232k€20k▼

Income statement Code20232024

Remuneration, social security and pensions62€-2k-

Other operating charges640/8€5k€479▼

Gross operating margin9900€4k€2k▼

Operating profit (loss)9901€2k€1k▼

Financial income75/76B€1€61▲

Recurring financial income75€1€61▲

Financial charges65/66B€958€477▼

Recurring financial charges65€958€477▼

Profit (loss) for the period before taxes9903€543€1k▲

Profit (loss) for the period9904€543€1k▲

Profit (loss) for the period to be appropriated9905€543€1k▲

Appropriation of the result

Profit (loss) to be appropriated9906€5k€6k▲

Profit (loss) brought forward from the previous period14P€5k€5k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

09-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 40 days late

2023

31-12

Financial Weakest financial yearnet €543 ▼65.1%

Net result drops to €543, the lowest in the series; recovery starts the following year.

01-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 32 days late

2022

31-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 92 days late

2021

09-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 9 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Emile Wautersstraat 61020 Brussel

Ground area

54 m²

Building footprint

52 m²

Volume, LiDAR

618 m³

Parcel 21816C0017/00H006, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

BAL

Houba de Strooperlaan 1A, 1020 BrusselRetail trade

since 20202.298.700.456

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21816C0017/00H006	Brussels	54 m²	1 · 52 m²	14.2 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €7,473

Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-01-2020

Fiscal year end31-12

Activities, NACEBEL 2025

47110Non-specialised retail sale with food, beverages or tobacco predominating

46389Wholesale of other food products

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.