BALAKA
ActiveBALAKA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €8k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-5
Solvency69▼-15
Growth62=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.42 in 2024; short-term debt: 55.8% and cash: 51.2% of total assets), but 55.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
5 d early
2023
23 d late
2022
30 d late
2021
28 d late
2020
26 d late
2019
40 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€498k▼ 8.9%
2019 · €547k
2018: €509k
2019: €547k
2018 → 2020
EBIT margin
0.9%▲ 0.2pp
2019 · 0.7%
2018: 1.0%
2019: 0.7%
2018 → 2020
Net result
€8k▲ 92.7%
2024 · €4k
2018: €2k
2019: €2k
2020: €2k
2021: €2k
2022: €3k
2023: €821
2024: €4k
2018 → 2025
Working capital
€64k▲ 15.8%
2024 · €55k
2018: €41k
2019: €43k
2020: €31k
2021: €34k
2022: €37k
2023: €43k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€51k▲ 5.8%€52k▲ 1.6%€56k▲ 8.3%€64k▲ 14.7%
Operating result€5k-€7k▲ 27.0%€9k▲ 38.3%€8k▼ 10.0%€15k▲ 78.0%
Net result€2k-€3k▲ 11.2%€821▼ 70.3%€4k▲ 420%€8k▲ 92.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 78% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€280▼ 64.1%
Current assets
€145k▲ 54.5%
Equity and liabilities €145k
Equity
€64k▲ 14.7%
Debt
€81k▲ 110%
The debt ratio rises from 40.9% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €17k
Cash flow
€9k▼
2024 · €12k
Solvency
44.2%▼
2024 · 59.1%
Current ratio
1.79▼
2024 · 2.42
Quick ratio
1.66▲
2024 · 1.52
Debt / equity
1.26▲
2024 · 0.69
ROE
12.8%▲
2024 · 7.6%
ROA
5.7%▲
2024 · 4.5%
Interest coverage
3.67▼
2024 · 4.36
Debt
€81k▲
2024 · €39k
Debt ≤ 1 year
€81k▲
2024 · €39k
Income taxes
€3k▲
2024 · €401
Staff costs
€15k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€95k€145k▲
Fixed assets21/28€781€280▼
Tangible fixed assets22/27€501-
Furniture and vehicles24€501-
Financial fixed assets28€280€280=
Current assets29/58€94k€145k▲
Stocks and contracts in progress3€35k€11k▼
Stocks30/36€35k€11k▼
Amounts receivable within one year40/41€19k€60k▲
Trade receivables40€8k€46k▲
Other amounts receivable41€12k€14k▲
Cash at bank and in hand54/58€39k€74k▲
Deferred charges and accrued income490/1€125-
Equity and liabilities
Total equity and liabilities10/49€95k€145k▲
Equity10/15€56k€64k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€35k€44k▲
Amounts payable17/49€39k€81k▲
Amounts payable within one year42/48€39k€81k▲
Trade debts44€30k€63k▲
Suppliers440/4€30k€63k▲
Taxes, remuneration and social security45€9k€18k▲
Taxes450/3€339€4k▲
Remuneration and social security454/9€8k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€17k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€501▼
Other operating charges640/8€11k€1k▼
Gross operating margin9900€45k€32k▼
Operating profit (loss)9901€8k€15k▲
Financial income75/76B€5€1▼
Recurring financial income75€5€1▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€5k€11k▲
Income taxes67/77€401€3k▲
Profit (loss) for the period9904€4k€8k▲
Profit (loss) for the period to be appropriated9905€4k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€44k▲
Profit (loss) brought forward from the previous period14P€31k€35k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Highest result since 2018net €8k ▲92.7%
Operating result €15k, net result €8k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €821 ▼70.3%
Net result drops to €821, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 2 establishment units since 2001
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.
Waverse Steenweg 811050 ElseneGround area
283 m²
Building footprint
284 m²
Volume, LiDAR
2,924 m³
2 parcels, Brussels · tallest building 19.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Waverse Steenweg 81, 1050 Elsene
since 20012.094.457.949
Balaka
since 20072.162.430.403
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0718/00H000 | Brussels | 202 m² | 1 · 197 m² | 19.2 m · 4 fl. |
| 21009A0891/00M000 | Brussels | 81 m² | 1 · 87 m² | 16.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesElsene2.094.457.949
Elsene2.162.430.403
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,669 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-1995
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.