BALAES
ActiveSummary
BALAES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €732,607 and a net result of €69,123. Equity is growing by ~10.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €8,895 | €9,815 | €9,351 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €257 | - | - | - | €98 | - |
| Other operating charges640/8 | - | €2,050 | €1,818 | €2,242 | €1,981 | ▼ 11.7% |
| Gross operating margin9900 | €70,543 | €95,281 | €112,083 | €107,064 | €98,112 | ▼ 8.4% |
| Operating profit (loss)9901 | €59,622 | €84,337 | €100,450 | €95,471 | €96,033 | ▲ 0.6% |
| Financial income75/76B | - | - | - | €99 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €99 | €0 | ▼ 100% |
| Financial charges65/66B | - | €2,742 | €1,178 | €1,052 | €1,132 | ▲ 7.6% |
| Recurring financial charges65 | €2,156 | €2,742 | €1,178 | €1,052 | €1,132 | ▲ 7.6% |
| Profit (loss) for the period before taxes9903 | €57,465 | €81,595 | €99,272 | €94,518 | €94,901 | ▲ 0.4% |
| Income taxes67/77 | €16,270 | €22,810 | €28,096 | €26,307 | €25,779 | ▼ 2.0% |
| Profit (loss) for the period9904 | €41,196 | €58,786 | €71,176 | €68,212 | €69,123 | ▲ 1.3% |
| Profit (loss) for the period to be appropriated9905 | €41,196 | €58,786 | €71,176 | €68,212 | €69,123 | ▲ 1.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €584,480 | €549,910 | €632,867 | €674,775 | €743,391 | ▲ 10.2% |
| Fixed assets21/28 | - | - | - | - | €374 | - |
| Tangible fixed assets22/27 | - | - | - | - | €374 | - |
| Furniture and vehicles24 | - | - | - | - | €374 | - |
| Current assets29/58 | €584,480 | €549,910 | €632,867 | €674,775 | €743,017 | ▲ 10.1% |
| Amounts receivable within one year40/41 | €577,974 | €534,738 | €587,641 | €635,755 | €698,323 | ▲ 9.8% |
| Trade receivables40 | - | €331 | - | - | - | - |
| Other amounts receivable41 | - | €534,408 | €587,641 | €635,755 | €698,323 | ▲ 9.8% |
| Cash at bank and in hand54/58 | €6,506 | €15,172 | €45,225 | €39,021 | €44,694 | ▲ 14.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €584,480 | €549,910 | €632,867 | €674,775 | €743,391 | ▲ 10.2% |
| Equity10/15 | €465,310 | €524,096 | €595,273 | €663,484 | €732,607 | ▲ 10.4% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €168,859 | €226,859 | €296,859 | €361,859 | €426,859 | ▲ 18.0% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €225,000 | €295,000 | €360,000 | €425,000 | ▲ 18.1% |
| Profit (loss) carried forward14 | €290,254 | €291,040 | €292,216 | €295,428 | €299,551 | ▲ 1.4% |
| Amounts payable17/49 | €119,169 | €25,814 | €37,594 | €11,291 | €10,784 | ▼ 4.5% |
| Amounts payable within one year42/48 | €119,169 | €25,814 | €37,594 | €11,291 | €10,784 | ▼ 4.5% |
| Financial debts43 | - | €250 | €0 | - | - | - |
| Credit institutions430/8 | - | €250 | €0 | - | - | - |
| Trade debts44 | €9,281 | €190 | €2,684 | €1,269 | €1,199 | ▼ 5.6% |
| Suppliers440/4 | - | €190 | €2,684 | €1,269 | €1,199 | ▼ 5.6% |
| Taxes, remuneration and social security45 | - | €25,374 | €34,910 | €10,022 | €9,585 | ▼ 4.4% |
| Taxes450/3 | - | €24,079 | €33,405 | €8,807 | €9,585 | ▲ 8.8% |
| Remuneration and social security454/9 | - | €1,294 | €1,505 | €1,215 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,196 | €58,786 | €71,176 | €68,212 | €69,123 | ▲ 1.3% |
| + Depreciation and write-downs630 | €257 | - | - | - | €98 | - |
| Operating cash flow (approximation) | €41,452 | €58,786 | €71,176 | €68,212 | €69,221 | ▲ 1.5% |
| Change in cash | - | €8,666 | €30,053 | -€6,204 | €5,674 | ▲ 191% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64056B0325/00K000 | Wallonia | 1,067 m² | 1 · 224 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.