BALDR
ActiveBALDR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €92k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 34% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency56▼-44
Growth78=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 2.97 in 2024), and 63.8% 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
36.2%
Return on assets
73%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
41 d early
2023
28 d late
2022
31 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 32.2%
2024 · €67k
2022: €14k
2023: €80k
2024: €67k
2022 → 2025
Total assets
€126k▲ 27.2%
2024 · €99k
2022: €40k
2023: €121k
2024: €99k
2022 → 2025
Net result
€92k▲ 47.3%
2024 · €62k
2022: €10k
2023: €66k
2024: €62k
2022 → 2025
Working capital
€172▼ 99.7%
2024 · €62k
2022: €10k
2023: €73k
2024: €62k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€80k▲ 473%€67k▼ 15.9%€46k▼ 32.2%
Operating result€15k-€85k▲ 468%€79k▼ 7.3%€119k▲ 50.1%
Net result€10k-€66k▲ 548%€62k▼ 5.5%€92k▲ 47.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€46k▲ 864%
Current assets
€80k▼ 15.2%
Equity and liabilities €126k
Equity
€46k▼ 32.2%
Debt
€80k▲ 153%
The debt ratio rises from 32.1% to 63.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€127k▲
2024 · €81k
Cash flow
€100k▲
2024 · €65k
Solvency
36.2%▼
2024 · 67.9%
Current ratio
1.00▼
2024 · 2.97
Quick ratio
1.00▼
2024 · 2.97
Debt / equity
1.76▲
2024 · 0.47
ROE
201.6%▲
2024 · 92.8%
ROA
73.0%▲
2024 · 63.0%
Interest coverage
113.00▲
2024 · 67.37
Debt
€80k▲
2024 · €32k
Debt ≤ 1 year
€80k▲
2024 · €32k
Income taxes
€27k▲
2024 · €17k
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€99k€126k▲
Fixed assets21/28€5k€46k▲
Tangible fixed assets22/27€5k€45k▲
Land and buildings22-€40k
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€146€2k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28-€500
Current assets29/58€94k€80k▼
Amounts receivable within one year40/41€56k€56k▼
Trade receivables40€33k€56k▲
Other amounts receivable41€23k-
Cash at bank and in hand54/58€38k€23k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€99k€126k▲
Equity10/15€67k€46k▼
Contributions10/11€4k€4k=
Reserves13€63k€42k▼
Distributable reserves133€63k€42k▼
Amounts payable17/49€32k€80k▲
Amounts payable within one year42/48€32k€80k▲
Trade debts44€4k€40k▲
Suppliers440/4€4k€40k▲
Taxes, remuneration and social security45€27k€22k▼
Taxes450/3€27k€22k▼
Other amounts payable47/48-€17k
Accrued charges and deferred income492/3-€608
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€2k€938▼
Gross operating margin9900€83k€128k▲
Operating profit (loss)9901€79k€119k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€80k€119k▲
Income taxes67/77€17k€27k▲
Profit (loss) for the period9904€62k€92k▲
Profit (loss) for the period to be appropriated9905€62k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€92k▲
Transfer from equity791/2€75k€63k▼
Transfer to equity691/2€62k€42k▼
To other reserves6921€62k€42k▼
Profit to be distributed694/7€75k€113k▲
Return on contributions (dividend)694€75k€113k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
20-07
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
2025
31-12
Financial
Highest result since 2022net €92k ▲47.3%
Operating result €119k, net result €92k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.77
Current ratio from 1.37 to 2.77.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneState Gazette actNBB 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, Ledegem · 1 establishment unit since 2022
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.
Izegemsestraat 418880 LedegemGround area
3,905 m²
Building footprint
260 m²
Volume, LiDAR
1,504 m³
Parcel 36018A0313/00V000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BALDR
since 20222.327.951.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0313/00V000 | Flanders | 3,905 m² | 1 · 260 m² | 8.2 m · 2 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.
Structure & network
Ownership & control
1 partyBALDRBE 0781.817.525
controls
Where this company holds controlthis company sits on their board1
2 locations
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,350 EUR awarded · 1,350 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,350 EUR | 1,350 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 37,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
72101Research and development on biotechnology
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.