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BalderD

Active
Private limited companyfounded 2024active for 2 yearsLand van Waaslaan 32, 9000 Gent, BelgiumKBO/BCE: BE 1012.986.341
Summary

BalderD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,200 and a net result of €22,912. Its solvency ranks better than 51% of 2,314 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (13 days) Filed on 13 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038017.

Equity
€26,200
Total assets
€57,005
Net result
€22,912
Working capital
€16,614

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €57,005
Fixed assets €9,586
Current assets €47,419
Equity and liabilities €57,005
Equity €26,200
Debt €30,805
Debt finances 54.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€32,490
Cash flow
€25,301
Current ratio
1.54
Debt to equity
1.18
ROE
87.4%
ROA
40.2%
Interest coverage
over 100
Debt ≤ 1 year
€30,805
Income taxes
€7,145

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€57,005
Fixed assets21/28€9,586
Tangible fixed assets22/27€9,586
Furniture and vehicles24€8,482
Other tangible fixed assets26€1,104
Current assets29/58€47,419
Amounts receivable within one year40/41€10,654
Trade receivables40€10,654
Cash at bank and in hand54/58€36,285
Deferred charges and accrued income490/1€479
Equity and liabilities
Total equity and liabilities10/49€57,005
Equity10/15€26,200
Contributions10/11€5,000
Reserves13€21,200
Distributable reserves133€21,200
Amounts payable17/49€30,805
Amounts payable within one year42/48€30,805
Trade debts44€136
Suppliers440/4€136
Taxes, remuneration and social security45€9,183
Taxes450/3€7,174
Remuneration and social security454/9€2,010
Other amounts payable47/48€21,486
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,389
Other operating charges640/8€728
Gross operating margin9900€33,218
Operating profit (loss)9901€30,100
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€43
Recurring financial charges65€43
Profit (loss) for the period before taxes9903€30,057
Income taxes67/77€7,145
Profit (loss) for the period9904€22,912
Profit (loss) for the period to be appropriated9905€22,912
Appropriation of the result
Profit (loss) to be appropriated9906€22,912
Transfer to equity691/2€21,200
To other reserves6921€21,200
Profit to be distributed694/7€1,712
Return on contributions (dividend)694€1,712

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,389
Other operating charges640/8€728
Gross operating margin9900€33,218
Operating profit (loss)9901€30,100
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€43
Recurring financial charges65€43
Profit (loss) for the period before taxes9903€30,057
Income taxes67/77€7,145
Profit (loss) for the period9904€22,912
Profit (loss) for the period to be appropriated9905€22,912
Line2025
Assets
Total assets20/58€57,005
Fixed assets21/28€9,586
Tangible fixed assets22/27€9,586
Furniture and vehicles24€8,482
Other tangible fixed assets26€1,104
Current assets29/58€47,419
Amounts receivable within one year40/41€10,654
Trade receivables40€10,654
Cash at bank and in hand54/58€36,285
Deferred charges and accrued income490/1€479
Equity and liabilities
Total equity and liabilities10/49€57,005
Equity10/15€26,200
Contributions10/11€5,000
Reserves13€21,200
Distributable reserves133€21,200
Amounts payable17/49€30,805
Amounts payable within one year42/48€30,805
Trade debts44€136
Suppliers440/4€136
Taxes, remuneration and social security45€9,183
Taxes450/3€7,174
Remuneration and social security454/9€2,010
Other amounts payable47/48€21,486
Line2025
Profit (loss) for the period9904€22,912
+ Depreciation and write-downs630€2,389
Operating cash flow (approximation)€25,301

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 13-02-2026 2026-00038017

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.