BALANZ consulting
ActiveThe annual accounts of BALANZ consulting for fiscal year 2025 show a net loss of 68% of total assets and of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €10k and a net result of €-35k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 4577 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency45▼-55
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.77 against 8.25 in 2024; short-term debt: 79.9% and cash: 11.7% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.1%
Return on assets
-68.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
166 d late
2023
29 d late
2022
on the day
2021
31 d late
2020
23 d late
2019
11 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 77.2%
2024 · €45k
2018: €-39k
2019: €-40k
2020: €-43k
2021: €-44k
2022: €-46k
2023: €8k
2024: €45k
2018 → 2025
Total assets
€51k▲ 0.3%
2024 · €51k
2018: €18k
2019: €12k
2020: €11k
2021: €11k
2022: €4k
2023: €67k
2024: €51k
2018 → 2025
Net result
€-35k
2024 · €37k
2018: €-40k
2019: €-598
2020: €-3k
2021: €-1k
2022: €-2k
2023: €82k
2024: €37k
2018 → 2025
Working capital
€-9k
2024 · €42k
2018: €-44k
2019: €-41k
2020: €-43k
2021: €-47k
2022: €-49k
2023: €5k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-44k-€-46k▼ 5.1%€8k€45k▲ 451%€10k▼ 77.2%
Operating result€-1k-€-2k▼ 70.3%€86k€52k▼ 39.4%€-35k
Net result€-1k-€-2k▼ 66.6%€82k€37k▼ 54.9%€-35k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €52k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€20k▲ 553%
Current assets
€31k▼ 34.4%
Equity and liabilities €51k
Equity
€10k▼ 77.2%
Debt
€41k▲ 602%
The debt ratio rises from 11.4% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-26k▼
2024 · €54k
Cash flow
€-26k▼
2024 · €38k
Solvency
20.1%▼
2024 · 88.6%
Current ratio
0.77▼
2024 · 8.25
Quick ratio
0.77▼
2024 · 8.25
Debt / equity
3.96▲
2024 · 0.13
ROE
-338.3%▼
2024 · 81.9%
ROA
-68.2%▼
2024 · 72.5%
Interest coverage
-155.37▼
2024 · 604.59
Debt
€41k▲
2024 · €6k
Debt ≤ 1 year
€41k▲
2024 · €6k
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€51k€51k▲
Fixed assets21/28€3k€20k▲
Intangible fixed assets21-€18k
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€325▼
Financial fixed assets28€75€75=
Current assets29/58€48k€31k▼
Amounts receivable within one year40/41€11k€25k▲
Trade receivables40€400€25k▲
Other amounts receivable41€11k€218▼
Cash at bank and in hand54/58€37k€6k▼
Equity and liabilities
Total equity and liabilities10/49€51k€51k▲
Equity10/15€45k€10k▼
Contributions10/11€6k€6k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€37k€39k▲
Profit (loss) carried forward14-€-35k
Amounts payable17/49€6k€41k▲
Amounts payable within one year42/48€6k€41k▲
Trade debts44€2k€26k▲
Suppliers440/4€2k€26k▲
Taxes, remuneration and social security45€4k€979▼
Taxes450/3€4k-
Remuneration and social security454/9-€979
Other amounts payable47/48-€14k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€8k▲
Other operating charges640/8€505€583▲
Gross operating margin9900€54k€-26k▼
Operating profit (loss)9901€52k€-35k▼
Financial charges65/66B€89€168▲
Recurring financial charges65€89€168▲
Profit (loss) for the period before taxes9903€52k€-35k▼
Income taxes67/77€15k-
Profit (loss) for the period9904€37k€-35k▼
Profit (loss) for the period to be appropriated9905€37k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-35k▼
Transfer to equity691/2€37k-
To other reserves6921€37k-
The notes to these accounts (13 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 166 days late
2024
31-12
Financial
Liquidity times 8current ratio 8.25
Current ratio from 1.08 to 8.25; short-term debt falls from €58k to €6k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €82k
Net result €82k after 5 loss-making years.
31-12
Financial
Liquidity times 40current ratio 1.08
Current ratio from 0.03 to 1.08.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-09-2025
Reza Gholamalizad Rashti Negad: Resigned as Director
05-09-2023
Reza Gholamalizad Rashti Negad: Resigned as Director
05-09-2023
Yannis Mukabalisa: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2004
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.
Anna Bijnsstraat 302600 AntwerpenGround area
1,021 m²
Building footprint
240 m²
Volume, LiDAR
1,577 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SHOKAT
since 20042.142.157.205
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682G0457/00R018 | Flanders | 704 m² | 1 · 136 m² | 7.9 m · 2 fl. |
| 11303C0165/00X003 | Flanders | 317 m² | 1 · 104 m² | 9.9 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.
Similar companies · same sector, comparable size
BACHA4
BE 0797.506.977
Dilbeek · Eq €10k
Sparta Barber
BE 1006.257.808
Antwerpen · Eq €10k
HAPPY ROYAL
BE 0729.932.225
Halle · Eq €10k
Babyspa Rosario
BE 0731.568.555
Grimbergen · Eq €10k
BEAUTYLOUNGE
BE 1001.917.948
Temse · Eq €10k
Of 24,862 companies in sector 96220 we hold annual accounts for 1,441. 1,085 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2004
Fiscal year end31-12
Activities, NACEBEL
93022
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.