Summary
The computed 12-month bankruptcy probability of Bala Construct is 2.1% (moderate). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Overview
Activity
Roofing work
NACE 43410
1 site
Size
No accounts; a small general or limited partnership need not file
Financial health
- Bankruptcy probabilitywithin 12 months
- 2.1%
No score: no figures
Structure
No directors known
Signalsraises riskFounded in 2024Sector: Specialised construction activities (NACE 43)lowers riskLegal form: limited partnershipNo annual accounts with figuresShow the evidence
Bankruptcy probability
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.2%lowest value
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.3%▲ +0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.3 percentage points vs 06-2025
08-2025: 1.6%● unchanged vs 07-2025
09-2025: 1.8%▲ +0.2 percentage points vs 08-2025
10-2025: 2.0%▲ +0.2 percentage points vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.1%▲ +0.1 percentage points vs 01-2026
03-2026: 2.2%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026highest value
05-2026: 2.2%● unchanged vs 04-2026highest value
06-2026: 2.2%● unchanged vs 05-2026highest value
07-2026: 2.2%● unchanged vs 06-2026highest value
08-2026: 2.2%● unchanged vs 07-2026highest value
09-2026: 2.2%● unchanged vs 08-2026highest value
10-2026: 2.1%▼ -0.1 percentage points vs 09-2026
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Four signals.
lowers riskraises risk
Searched, nothing found (1)
- IncorporationAppointment: Bala Karol (manager) ·…
Financials
No annual accounts filed
No annual accounts of this company are filed with the National Bank. A small limited partnership whose unlimited partners are natural persons is not required to file.
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No filed accounts are known for this company, so a size comparison is not possible. These companies share only the sector and the region. Of the 8,434 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,416. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Acts, filings and financial milestones
2024
18-03
Gazette deed
IncorporationAppointment: Bala Karol (manager) · Founding capital · Partner10 facts ▸
Gazette deed
Incorporation
Appointment: Bala Karol (manager) · Founding capital · Partner10 facts ▸
- Incorporation, “Bala Construct” (deed in Dutch)
- Founding capital, €500
- Partner, Bala Karol (general partner)
- Share issue, “vergoeding voor de inbrengen”, 500 (deed in Dutch)
- Registered office clause, “8870Izegem,Beatrijslaan12” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alleverbintenissenaangegaandinnaamenvoorrekeningvanvennootschapinoprichting” (deed in Dutch)
- Director appointment, Bala Karol (manager)
- Other provision, “Kruispuntbankgegevens, onbeperkt” (deed in Dutch)
- Director in office, Bala Karol (manager)
- Other provision, “balakarol22@gmail.com, contactenKruispuntbankgegevens” (deed in Dutch)
Gazette deed
1 of 1 deed read
Register details
Identification
Legal formLimited partnership
Founded14-03-2024
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
Contact
E-mail
balakarol22@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:1007160007
Also
9925:BE1007160007
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1007.160.007
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2024
Ground area
375 m²
Building footprint
101 m²
Building volume
497 m³
Parcel 36493B0542/00E000, Flanders · tallest building 7.6 m. Linked by address, not a title deed.
1 establishment unit
Bala Construct
since 2024unit no. 2.357.301.324
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36493B0542/00E000 | Flanders | 375 m² | 1 · 101 m² | 7.5 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Overige zakelijke dienstverlening,n.e.g; Slopen; Elektrotechnische installatiewerken aan gebouwen; Loodgieterswerk; Isolatiewerkzaamheden…” (deed in Dutch)
41 activities (deed in Dutch)
- Overige zakelijke dienstverlening,n.e.g
- Slopen
- Elektrotechnische installatiewerken aan gebouwen
- Loodgieterswerk
- Isolatiewerkzaamheden
- Stukadoorswerk
- Schrijnwerk
- Plaatsen van tussenwanden van gipsplaten
- Plaatsen van vloer-en wandtegels
- Plaatsen van vloerbedekking en wandbekleding van hout
- Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
- Plaatsen van behang
- Schilderen van gebouwen
- Dakwerkzaamheden
- Waterdichtingswerken van muren
- Gevelreiniging
- Uitvoeren van metsel-en voegwerken
- Restaureren van bouwwerken
- Chapewerken
- Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels,n.e.g.
- Haarverzorging
- Wassen,knippen,verven,onduleren,enz.van haar bij mannen,vrouwen en kinderen
- Schoonheidsverzorging
- Verlenen van advies op het gebied van de schoonheidszorgen en gezichtsverzorging;het aanbrengen van make-up,enz.
- Huidverzorging en epileren
- Manicure en pedicure
- Goederenvervoer over de weg,m.u.v.verhuisbedrijven
- Verhuisbedrijven
- Overige vervoerondersteunende activiteiten
- Overige posterijen en koeriers
- Groothandel in auto's en lichte bestelwagens(=3,5 ton)
- Handelsbemiddeling in auto's en lichte bestelwagens(=3,5 ton)
- Detailhandel in auto's en lichte bestelwagens(=3,5 ton)
- Algemeen onderhoud en reparatie van auto's en lichte bestelwagens(=3,5 ton)
- Algemeen onderhoud en reparatie van overige motorvoertuigen(>3,5 ton)
- Bandenservicebedrijven
- Wassen en poetsen van motorvoertuigen
- Onderhoud en reparatie van motorvoertuigen,n.e.g.
- Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
- Detailhandel in onderdelen en accessoires van motorvoertuigen
- Diverse administratieve activiteiten ten behoeve van kantoren
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Bala Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuurs-en uitbatingszetels,agentschappen en bijhuizen,bureaus en stapelhuizen,in België en buitenland,waar en wanneer…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 9. Algemene vergadering Een algemene vergadering van de vennoten, gewone algemene vergadering genoemd, wordt ieder jaar…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed