BALATI
ActiveThe computed 12-month bankruptcy probability of BALATI is 1.8% (moderate). The 2025 annual accounts show equity of €6k and a net result of €-37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 11210 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-84
Solvency28▼-50
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.95 against 1.99 in 2024; short-term debt: 96.6% and cash: 18.6% of total assets), and 97% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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
3%
Return on assets
-18.2%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 11210 sector peers (2025).
NBB · sector comparisonPosition among 11210 sector peers
Solvency
better than 21%
← 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 31-01-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
43 d early
2022
5 d early
2021
106 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 96.5%
2024 · €173k
2021: €61k
2022: €71k
2023: €203k
2024: €173k
2021 → 2025
Total assets
€202k▼ 38.0%
2024 · €325k
2021: €148k
2022: €180k
2023: €352k
2024: €325k
2021 → 2025
Net result
€-37k
2024 · €40k
2021: €72k
2022: €9k
2023: €132k
2024: €40k
2021 → 2025
Working capital
€-10k
2024 · €150k
2021: €15k
2022: €33k
2023: €176k
2024: €150k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€71k▲ 14.7%€203k▲ 188%€173k▼ 14.7%€6k▼ 96.5%
Operating result€10k-€13k▲ 32.3%€178k▲ 1,283%€54k▼ 69.4%€-37k
Net result€72k-€9k▼ 87.5%€132k▲ 1,363%€40k▼ 69.7%€-37k
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 €37k after €54k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€16k▼ 28.9%
Current assets
€185k▼ 38.7%
Equity and liabilities €202k
Equity
€6k▼ 96.5%
Debt
€195k▲ 28.4%
The debt ratio rises from 46.8% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-26k▼
2024 · €64k
Cash flow
€-26k▼
2024 · €49k
Solvency
3.0%▼
2024 · 53.2%
Current ratio
0.95▼
2024 · 1.99
Quick ratio
0.95▼
2024 · 1.99
Debt / equity
32.05▲
2024 · 0.88
ROE
-602.3%▼
2024 · 23.2%
ROA
-18.2%▼
2024 · 12.3%
Interest coverage
-111.26▼
2024 · 23.03
Debt
€195k▲
2024 · €152k
Debt ≤ 1 year
€195k▲
2024 · €152k
Income taxes
€140▼
2024 · €11k
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€325k€202k▼
Fixed assets21/28€23k€16k▼
Tangible fixed assets22/27€19k€12k▼
Furniture and vehicles24€19k€12k▼
Financial fixed assets28€4k€4k=
Current assets29/58€302k€185k▼
Amounts receivable within one year40/41€138k€117k▼
Trade receivables40€86k€57k▼
Other amounts receivable41€51k€60k▲
Cash at bank and in hand54/58€134k€38k▼
Deferred charges and accrued income490/1€30k€31k▲
Equity and liabilities
Total equity and liabilities10/49€325k€202k▼
Equity10/15€173k€6k▼
Contributions10/11€5k€5k=
Reserves13€168k€1k▼
Distributable reserves133€168k€1k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€152k€195k▲
Amounts payable within one year42/48€152k€195k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€19k€22k▲
Suppliers440/4€19k€22k▲
Taxes, remuneration and social security45€18k€23k▲
Taxes450/3€18k€23k▲
Other amounts payable47/48€114k€150k▲
Accrued charges and deferred income492/3€440€810▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€65k€-25k▼
Operating profit (loss)9901€54k€-37k▼
Financial income75/76B€0€226▲
Recurring financial income75€0€226▲
Financial charges65/66B€3k€236▼
Recurring financial charges65€3k€236▼
Profit (loss) for the period before taxes9903€52k€-37k▼
Income taxes67/77€11k€140▼
Profit (loss) for the period9904€40k€-37k▼
Profit (loss) for the period to be appropriated9905€40k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-37k▼
Transfer from equity791/2€30k€167k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€70k€130k▲
Return on contributions (dividend)694€70k€130k▲
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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-37k ▼192%
Net result drops to €-37k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2021net €132k ▲1363%
Operating result €178k, net result €132k, both a record.
30-06
Financial
Equity above €200kEq €203k ▲188%
3 profitable years in a row build equity to €203k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ninove · 1 establishment unit since 2020
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.
Smid Lambrechtstraat 949406 NinoveGround area
647 m²
Building footprint
61 m²
Volume, LiDAR
458 m³
Parcel 41055A1067/00C000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BALATI
since 20202.300.256.416
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41055A1067/00C000 | Flanders | 647 m² | 1 · 61 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,060 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2020
Fiscal year end30-06
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
52250Logistics services
52290Warehousing and support activities for transportation
70100Activities of head offices
70210Activities of head offices; management consultancy activities
73110Advertising agencies
73300Public relations and communication consultancy
82990Other business support services
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.