Equity
€5,267 from €64,348 in 2021
Equity fell by 92% in 4 years.
BALAMA
Lifetime
7 annual accounts with figures on one time axispeak €91,368 (2025)
€91,368▲ 26.4%
peak €65,201 (2025)
€65,201▲ 27.2%
peak €64,348 (2021)
€5,267▼ 56.3%
€59,060▲ 23.9%
Board1 name since 2019
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €72,278 to €91,368Result from €51,264 to €65,201Dividend €72,000Equity from €12,065 to €5,267Debts from €47,665 to €59,060
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€59,060 92% of the balance sheet
Filings
7 annual accounts 3 late
The 2023 accounts came latest: 22 days after the end of the period.
Starting capital
€500 100 shares
Position in the sector
€5,267
Less equity than 89% of companies in legal and accounting. Sector median €87,559 · 16,436 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,154 companies had the same profile as BALAMA has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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.
| 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 2,154 companies, not a prediction for BALAMA. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735702042
Registered office moved from Etterbeek to Heusy
New registered office: Chaussée de Theux 46 4802 HEUSY · Previous registered office: Rue de Tervaete 44, 1040 ETTERBEEK · General meeting of 16-09-2020 · Gazette deed
Incorporation
Founding capital of €500, 100 shares · Founder: (comparante) · Appointment: (director) · published on 08-10-2019 · Gazette deed
First establishment
Chaussée de Theux 46, Verviers
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BALAMA Verviers | €64,327 | €91,368 | 8.2% | - |
| JPB AVOCAT BRUYERE, société d’avocats Liège | €73,058 | €80,587 | 18.1% | - |
| Accursius Leuven | €70,545 | €83,918 | 0.1% | - |
| C.E. Avocat Soignies | €62,830 | €85,196 | 58.8% | - |
| JM Legal Kortrijk | €72,309 | €88,967 | 69.2% | - |
| FVS Legal Antwerp | €69,653 | €80,944 | 1.4% | - |
| Ine Schockaert Beersel | €77,943 | €94,190 | 30.6% | - |
These companies have the same main activity as BALAMA: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €62,800 and €77,900, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 04-10-2019Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.294.494.5174802 Verviers, since 04-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €64,327▲ 7.7%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on BALAMA
BALAMA files the micro format. That format states no turnover. The gross margin rose from €7,331 in 2019 to €91,368 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 BALAMA
- What is the company number of BALAMA?
- The company number of BALAMA is 0735.702.042. The VAT number is the same number with BE in front: BE 0735.702.042.
- Where is BALAMA based?
- The registered office is at Chaussée de Theux 46, 4802 Verviers.Company details
- What does BALAMA do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of BALAMA?
- BALAMA is a private limited company (BV).
- When was BALAMA founded?
- BALAMA was founded on 04-10-2019.
- Is BALAMA still active?
- Yes, BALAMA is an active enterprise in the KBO register.
- What is the turnover of BALAMA?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €91,368 and 93 comparable companies (NACE 69). It probably lies between €150,000 and €260,000.Financials
- Is BALAMA profitable?
- In financial year 2025, BALAMA made a profit of €65,201.
- Where can I find the annual accounts of BALAMA?
- BALAMA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BALAMA due?
- BALAMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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