BALARDES
ActiveSummary
BALARDES has been active since 2001 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€410,082) and a net result of €30,144. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 5% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability53▲+53
Solvency0=
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.02 in 2023; short-term debt: 130.9% and cash: 7% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-86%
Return on assets
6.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 31958 sector peers (2025).
NBB · sector comparisonPosition among 31958 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2023
5 d early
2022
66 d late
2021
46 d late
2020
30 d early
2019
70 d late
2018
44 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 34% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
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Financials · fiscal year 2025, micro schema
Equity
-€410,082▲ 6.8%
2023 · -€440,225
Total assets
€476,662▲ 4,219%
2023 · €11,037
Net result
€30,144
2023 · -€2,040
Working capital
-€577,137▼ 31.1%
2023 · -€440,225
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result-€3,401▼ 181%-€1,673▲ 50.8%-€1,517▲ 9.3%-€1,557▼ 2.6%€40,375-
Net result-€3,715below the sector's middle half▼ 139%€25,415within the sector's middle half€3,268within the sector's middle half▼ 87.1%-€2,040below the sector's middle half€30,144within the sector's middle half-
Equity-€466,869below the sector's middle half▼ 0.8%-€441,453below the sector's middle half▲ 5.4%-€438,185below the sector's middle half▲ 0.7%-€440,225below the sector's middle half▼ 0.5%-€410,082below the sector's middle half-
Total assets€119,375within the sector's middle half▲ 49.3%€143,041within the sector's middle half▲ 19.8%€147,376within the sector's middle half▲ 3.0%€11,037below the sector's middle half▼ 92.5%€476,662above the sector's middle half-
Debt€586,244▲ 7.9%€584,494▼ 0.3%€585,561▲ 0.2%€451,263▼ 22.9%€886,744-
Working capital-€506,869below the sector's middle half▼ 9.4%-€481,453below the sector's middle half▲ 5.0%-€478,185below the sector's middle half▲ 0.7%-€440,225below the sector's middle half▲ 7.9%-€577,137below the sector's middle half-
Solvency-391.1%below the sector's middle half▲ 188.3pp-308.6%below the sector's middle half▲ 82.5pp-297.3%below the sector's middle half▲ 11.3pp-86.0%below the sector's middle half-
Current ratio0.14below the sector's middle half▼ 0.010.18below the sector's middle half▲ 0.040.18below the sector's middle half▲ 0.010.02below the sector's middle half▼ 0.160.07below the sector's middle half-
Return on assets (ROA)-3.1%below the sector's middle half▼ 1.2pp17.8%within the sector's middle half▲ 20.9pp2.2%within the sector's middle half▼ 15.6pp-18.5%below the sector's middle half▼ 20.7pp6.3%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €40,375 in 2025, compared with -€1,557 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €476,662
Fixed assets
€430,000
Current assets
€46,662
Key figures and ratios
Debt to equity
-2.16▼
2023 · -1.03
Debt ≤ 1 year
€623,799▲
2023 · €451,263
Debt > 1 year
€262,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €568 | €520 | €546 | €387 | - |
| Gross operating margin9900 | -€870 | -€1,105 | -€997 | -€1,011 | €40,763 | - |
| Operating profit (loss)9901 | -€3,401 | -€1,673 | -€1,517 | -€1,557 | €40,375 | - |
| Financial income75/76B | - | €27,109 | €4,809 | - | - | - |
| Recurring financial income75 | - | €27,109 | €4,809 | - | - | - |
| Non-recurring financial income76B | - | €27,109 | €4,809 | - | - | - |
| Financial charges65/66B | - | €21 | €24 | €484 | €10,231 | - |
| Recurring financial charges65 | €314 | €21 | €24 | €484 | €10,231 | - |
| Profit (loss) for the period before taxes9903 | -€3,715 | €25,415 | €3,268 | -€2,040 | €30,144 | - |
| Profit (loss) for the period9904 | -€3,715 | €25,415 | €3,268 | -€2,040 | €30,144 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,715 | €25,415 | €3,268 | -€2,040 | €30,144 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,375 | €143,041 | €147,376 | €11,037 | €476,662 | - |
| Fixed assets21/28 | €40,000 | €40,000 | €40,000 | - | €430,000 | - |
| Financial fixed assets28 | €40,000 | €40,000 | €40,000 | - | €430,000 | - |
| Current assets29/58 | €79,375 | €103,041 | €107,376 | €11,037 | €46,662 | - |
| Amounts receivable within one year40/41 | €73,021 | €1,021 | €421 | €421 | €6,000 | - |
| Trade receivables40 | - | €600 | - | - | €6,000 | - |
| Other amounts receivable41 | - | €421 | €421 | €421 | - | - |
| Cash at bank and in hand54/58 | €6,354 | €102,019 | €106,955 | €10,616 | €33,174 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €7,488 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,375 | €143,041 | €147,376 | €11,037 | €476,662 | - |
| Equity10/15 | -€466,869 | -€441,453 | -€438,185 | -€440,225 | -€410,082 | - |
| Contributions10/11 | - | €400,000 | €400,000 | €400,000 | €400,000 | - |
| Reserves13 | €10,500 | €10,500 | €10,500 | €10,500 | €10,500 | - |
| Non-distributable reserves130/1 | - | €10,500 | €10,500 | €10,500 | - | - |
| Reserves not available under the articles1311 | - | €10,500 | €10,500 | €10,500 | - | - |
| Distributable reserves133 | - | - | - | - | €10,500 | - |
| Profit (loss) carried forward14 | -€877,369 | -€851,953 | -€848,685 | -€850,725 | -€820,582 | - |
| Amounts payable17/49 | €586,244 | €584,494 | €585,561 | €451,263 | €886,744 | - |
| Amounts payable after more than one year17 | - | - | - | - | €262,944 | - |
| Financial debts170/4 | - | - | - | - | €262,944 | - |
| Amounts payable within one year42/48 | €586,244 | €584,494 | €585,561 | €451,263 | €623,799 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €43,089 | - |
| Trade debts44 | €3,855 | €2,105 | €3,172 | €3,874 | €1,509 | - |
| Suppliers440/4 | - | €2,105 | €3,172 | €3,874 | €1,509 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €3,648 | - |
| Taxes450/3 | - | - | - | - | €3,648 | - |
| Other amounts payable47/48 | - | €582,389 | €582,389 | €447,389 | €575,553 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,715 | €25,415 | €3,268 | -€2,040 | €30,144 | - |
| Operating cash flow (approximation) | -€3,715 | €25,415 | €3,268 | -€2,040 | €30,144 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €95,666 | €4,936 | -€96,339 | - | - |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €30,144
Net result €30,144 after one loss-making year.
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
28-06
KBO administration
UBO non-compliance
event 17-06-2024
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
31-12
Financial
Back to profitnet €25,415
Net result €25,415 after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€3,715
Net result drops to -€3,715, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 72 days late
Show earlier events
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2007
26-02
State Gazette act
General meeting · Director resignation
Director appointment
2004
10-12
State Gazette act
General meeting · Capital
Capital increase · Share issue
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2001
Ground area
1.2 ha
Building footprint
481 m²
Volume, LiDAR
5,308 m³
Parcel 21618B0362/00D000, Brussels · tallest building 24.0 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BALARDES
since 20012.098.707.440
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0362/00D000 ProtectedSite or landscapeDomein Paridant |
Brussels | 1.2 ha | 1 · 481 m² | 24.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-06-2025 of BALARDES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-02-2001
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474082649
Also
9925:BE0474082649
Registered
30-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.