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Balada

Active Private limited companyfounded 2016active for 10 yearsAalstersestraat 9, 9280 LebbekeKBO/BCE: BE 0651.861.972

Lifetime

9 annual accounts with figures on one time axis
peak €24,018 (2017)
-€3,666▲ €293
lowest -€4,502 (2024)
-€3,996▲ €507
peak €28,165 (2022)
€15,178▼ 20.8%
€842▲ 688%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Loss of €3,996Equity from €19,173 to €15,178Debts from €107 to €842

Key points

from the 2025 annual accounts

Losses

-€12,987 in three years
-4,4902023-4,5022024-3,9962025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Filings

9 annual accounts 3 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

-€3,996

Lower net result than 85% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as Balada has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 4,805 companies, not a prediction for Balada. 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

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

Signals

Board and ownership

Director, since 06-04-2016
Manager, since 06-04-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0651861972
Change of role: , from manager to director Director discharge: · Gazette deed
Incorporation Founders: and · Founding capital of €18,600, 100 shares · Appointment: (manager) · published on 15-04-2016 · Gazette deed
First establishment Aalstersestraat 9, Lebbeke
All 19 events

Comparable companies

same main activity, similar in size and age
Company
Balada Lebbeke €16,020 -€3,666 94.7% -
FLAX ELEVEN CONSULTING Aalter €17,078 -€2,459 -9.4% -
HADES Aalst €15,055 -€12,627 37.2% -
HAERTJENS Deinze €14,652 -€5,730 77.1% -
COOPLAN Merelbeke-Melle €19,231 -€18,508 -68.2% -
ECUBATOR Ghent €20,069 -€12,443 -272.9% -
MANIKI Berlare €12,739 -€19,270 -140.9% -

These companies have the same main activity as Balada: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,700 and €20,100, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 13-04-2016Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.255.037.7869280 Lebbeke, since 13-04-2016
Financial year end
31 December
Peppol
Reachable since 05-10-2025
Company details

Annual accounts 2025

€16,020▼ 16.9%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on Balada

Balada files the micro format. That format states no turnover. The gross margin fell from €24,018 in 2017 to -€3,666 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Balada

What is the company number of Balada?
The company number of Balada is 0651.861.972. The VAT number is the same number with BE in front: BE 0651.861.972.
Where is Balada based?
The registered office is at Aalstersestraat 9, 9280 Lebbeke.Company details
What does Balada do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Balada?
Balada is a private limited company (BV).
When was Balada founded?
Balada was founded on 13-04-2016.
Is Balada still active?
Yes, Balada is an active enterprise in the KBO register.
What is the turnover of Balada?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Balada profitable?
In financial year 2025, Balada made a loss of €3,996.
Where can I find the annual accounts of Balada?
Balada filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Balada due?
Balada must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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