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BALCAEN en CIE

Active
Public limited companyfounded 1982active for 43 yearsKerkstraat 92, 1851 Grimbergen, BelgiumKBO/BCE: BE 0423.255.441
Summary

BALCAEN en CIE has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475,961 and a net result of -€10,252. Equity has been stable since 2018 (±2.3% per year). Its solvency ranks better than 78% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 18-11-1982 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.120.379.418 1780 Wemmel, since 07-06-1990
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • HELIXGUARDDirector · permanent representative Maarten Moyson

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€183,786
Turnover
≈ €730,000
estimated
Loss
€10,252
▼ 95.7%
Equity
€475,961
▼ 2.1%
Total assets
€686,451
▲ 20.3%
Staff
≈ 2.5 FTE
estimated
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskLiquidity: current ratio 2.97, cash €1,453, halved1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskFounded in 1982Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 94-6
equity 69.3% of total assets
Liquidity 37-38
short-term debt 30.4% · cash 0.2%
Profitability 67+67
return on assets -1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.6%● unchanged vs 10-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.97 (6.13 in 2024), above the usual 1.5. Short-term debt is 30.4% and cash 0.2% of total assets. 30.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 75% of them on solvency, 26% on liquidity, 33% on profitability and 31% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.97, cash €1,453, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,252
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
on the day
2023
34 days early
2022
34 days early
2021
41 days early
2020
51 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from -€239,186 to -€10,252 ▲ 95.7% View
  • Caution: Lower net result than 86% of companies in specialised constructionsector median €26,861 · 9,875 companies -€10,252 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€10,252 View

Recent changes

  1. · Gazette deed Registered office moved from Wemmel to Grimbergen
  2. · Gazette deed Resignations: Gwen Wyckmans (director) and Eddy Balcaen (managing director)Appointment: Helixguard (director) · Permanent representative: Maarten Moyson
All 18 events

Comparable companies

These companies have the same main activity as BALCAEN en CIE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €590,000 and €748,000, founded between 1977 and 1989.

CompanyTotal assetsGross margin
BALCAEN en CIE Grimbergen€686,451€183,786
TIBO Torhout€748,239€177,697
SCHRIJNWERKERIJ EN TIMMERBEDRIJF JANSEN Hoogstraten€621,814€168,122
SCHRIJN- EN TIMMERWERKEN VERMONDEN Hoogstraten€598,072€199,100
ROLLUIKEN DELEN Herentals€730,190€181,630
LODE MULIER Wevelgem€717,134€167,831
SCHRIJNWERKERIJ VERLINDEN Olen€589,684€165,401
Full comparison

Key facts about BALCAEN en CIE

What is the company number of BALCAEN en CIE?
The company number of BALCAEN en CIE is 0423.255.441. The VAT number is the same number with BE in front: BE 0423.255.441.
Where is BALCAEN en CIE based?
The registered office is at Kerkstraat 92, 1851 Grimbergen.Company details
What does BALCAEN en CIE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of BALCAEN en CIE?
The legal form of BALCAEN en CIE is Public limited company (NV).
When was BALCAEN en CIE founded?
BALCAEN en CIE was founded on 18-11-1982.
Is BALCAEN en CIE still active?
Yes, BALCAEN en CIE is an active enterprise in the KBO register.
How many employees does BALCAEN en CIE have?
BALCAEN en CIE had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does BALCAEN en CIE fall under?
In its 2024 annual accounts, BALCAEN en CIE states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of BALCAEN en CIE?
The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €183,786 and 37 comparable companies (NACE 43320). It probably lies between €490,000 and €920,000.
Is BALCAEN en CIE profitable?
In financial year 2025, BALCAEN en CIE made a loss of €10,252.
Where can I find the annual accounts of BALCAEN en CIE?
BALCAEN en CIE filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BALCAEN en CIE due?
BALCAEN en CIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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