Balastrim
ActiveBalastrim has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency73▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.81 in 2024; short-term debt: 51.7% and cash: 4% of total assets), but 51.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
48.3%
Return on assets
30.3%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
34 d early
2022
16 d early
2021
33 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 169%
2024 · €23k
2021: €-4k
2022: €-3k
2023: €-789
2024: €23k
2021 → 2025
Total assets
€128k▲ 154%
2024 · €50k
2021: €13k
2022: €8k
2023: €6k
2024: €50k
2021 → 2025
Net result
€39k▲ 63.3%
2024 · €24k
2021: €-4k
2022: €1k
2023: €2k
2024: €24k
2021 → 2025
Working capital
€60k▲ 169%
2024 · €22k
2021: €-8k
2022: €-6k
2023: €-3k
2024: €22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€-3k▲ 24.4%€-789▲ 74.6%€23k€62k▲ 169%
Operating result€-4k-€2k€3k▲ 72.3%€32k▲ 931%€52k▲ 64.5%
Net result€-4k-€1k€2k▲ 132%€24k▲ 921%€39k▲ 63.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 64% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€2k▲ 165%
Current assets
€126k▲ 154%
Equity and liabilities €128k
Equity
€62k▲ 169%
Debt
€66k▲ 141%
The debt ratio falls from 54.4% to 51.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2024 · €33k
Cash flow
€39k▲
2024 · €25k
Solvency
48.3%▲
2024 · 45.6%
Current ratio
1.91▲
2024 · 1.81
Quick ratio
1.91▲
2024 · 1.81
Debt / equity
1.07▼
2024 · 1.19
ROE
62.8%▼
2024 · 103.4%
ROA
30.3%▼
2024 · 47.1%
Interest coverage
250.77▼
2024 · 282.71
Debt
€66k▲
2024 · €27k
Debt ≤ 1 year
€66k▲
2024 · €27k
Income taxes
€13k▲
2024 · €8k
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€50k€128k▲
Fixed assets21/28€673€2k▲
Tangible fixed assets22/27€673€2k▲
Plant, machinery and equipment23€673€2k▲
Current assets29/58€50k€126k▲
Amounts receivable within one year40/41€48k€121k▲
Trade receivables40€21k€86k▲
Other amounts receivable41€27k€35k▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€50k€128k▲
Equity10/15€23k€62k▲
Contributions10/11€200€200=
Reserves13€23k€61k▲
Distributable reserves133€23k€61k▲
Amounts payable17/49€27k€66k▲
Amounts payable within one year42/48€27k€66k▲
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Taxes, remuneration and social security45€14k€26k▲
Taxes450/3€14k€26k▲
Other amounts payable47/48€12k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€587▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€35k€54k▲
Operating profit (loss)9901€32k€52k▲
Financial income75/76B€8€6▼
Recurring financial income75€8€6▼
Financial charges65/66B€118€210▲
Recurring financial charges65€118€210▲
Profit (loss) for the period before taxes9903€32k€52k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€24k€39k▲
Profit (loss) for the period to be appropriated9905€24k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€39k▲
Profit (loss) brought forward from the previous period14P€-989-
Transfer to equity691/2€23k€39k▲
To other reserves6921€23k€39k▲
The notes to these accounts (5 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €39k ▲63.3%
Operating result €52k, net result €39k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.81
Current ratio from 0.55 to 1.81.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Merelbeke-Melle · 1 establishment unit since 2020
Ground area
5,735 m²
Building footprint
1,667 m²
Volume, LiDAR
7,084 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Balastrim
since 20202.307.504.690
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0684/00R000 | Flanders | 3,839 m² | 1 · 1,564 m² | 5.5 m · 1 fl. |
| 44015B0335/00K000 | Flanders | 1,896 m² | 1 · 103 m² | 8.3 m · 2 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.
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,492. 2,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2020
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.