BALEN RETAIL

Active

Private limited companyfounded 20233 yrs activeGerheide 179, 2490 Balen, BelgiumKBO/BCE: BE 0802.135.461

The computed 12-month bankruptcy probability of BALEN RETAIL is 2.7% (moderate). The 2025 annual accounts show negative equity (€-6k) and a net result of €-41k. Its solvency ranks better than 13% of 10242 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

35 / 100

Weak▼ -28 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency53▲+28

Growth32

Stability94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.39 against 1.49 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

-0.7%

Return on assets

-4.2%

Age of the figures

9 mo

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year -€6k

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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

29 d late

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€-6k

2024 · €34k

2024: €34k

2024 → 2025

Total assets

€979k▲ 8.5%

2024 · €902k

2024: €902k

2024 → 2025

Net result

€-41k

2024 · €24k

2024: €24k

2024 → 2025

Working capital

€101k▼ 34.3%

2024 · €154k

2024: €154k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€34k-€-6k

Operating result€70k-€21▼ 100.0%

Net result€24k-€-41k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 100% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €974k

63.3%

36.7%

Fixed assets €617k▲ 44.4%

Current assets €357k▼ 23.8%

Key figures and ratios

2025 value · change against 2024

EBITDA

€94k▼

2024 · €153k

Cash flow

€54k▼

2024 · €107k

Solvency

-0.7%▼

2024 · 3.8%

Current ratio

1.39▼

2024 · 1.49

Quick ratio

0.57▼

2024 · 0.75

ROE

639.0%▲

2024 · 71.0%

ROA

-4.2%▼

2024 · 2.7%

Interest coverage

2.31▼

2024 · 3.51

Debt

€985k▲

2024 · €868k

Debt ≤ 1 year

€256k▼

2024 · €315k

Debt > 1 year

€727k▲

2024 · €551k

Income taxes

€0▼

2024 · €6k

Staff costs

€410k▼

2024 · €532k

A ratio outside any meaningful range has been withheld (balance sheet total €979k, equity €-6k).

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€902k€979k▲

Formation expenses20€7k€5k▼

Fixed assets21/28€427k€617k▲

Intangible fixed assets21€279k€246k▼

Tangible fixed assets22/27€148k€370k▲

Plant, machinery and equipment23€134k€114k▼

Leasing and similar rights25€14k€253k▲

Other tangible fixed assets26-€3k

Financial fixed assets28€150€400▲

Current assets29/58€468k€357k▼

Stocks and contracts in progress3€233k€211k▼

Stocks30/36€233k€211k▼

Amounts receivable within one year40/41€21k€30k▲

Trade receivables40€16k€16k▼

Other amounts receivable41€5k€14k▲

Current investments50/53€60k€90▼

Cash at bank and in hand54/58€136k€100k▼

Deferred charges and accrued income490/1€18k€16k▼

Equity and liabilities

Total equity and liabilities10/49€902k€979k▲

Equity10/15€34k€-6k▼

Contributions10/11€10k€10k=

Outside capital11€10k-

Other1109/19€10k-

Reserves13€24k€24k=

Distributable reserves133€24k€24k=

Profit (loss) carried forward14-€-41k

Amounts payable17/49€868k€985k▲

Amounts payable after more than one year17€551k€727k▲

Financial debts170/4€151k€271k▲

Trade debts175€105k€172k▲

Other amounts payable178/9€295k€285k▼

Amounts payable within one year42/48€315k€256k▼

Current portion of amounts payable after more than one year42€76k€110k▲

Trade debts44€173k€76k▼

Suppliers440/4€173k€76k▼

Taxes, remuneration and social security45€62k€69k▲

Taxes450/3€6k€6k▼

Remuneration and social security454/9€56k€63k▲

Other amounts payable47/48€4k€1k▼

Accrued charges and deferred income492/3€2k€1k▼

Income statement Code20242025

Remuneration, social security and pensions62€532k€410k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€94k▲

Other operating charges640/8€2k€2k▼

Gross operating margin9900€687k€507k▼

Operating profit (loss)9901€70k€21▼

Financial income75/76B€3k€84▼

Recurring financial income75€3k€84▼

Financial charges65/66B€44k€41k▼

Recurring financial charges65€44k€41k▼

Profit (loss) for the period before taxes9903€30k€-41k▼

Income taxes67/77€6k€0▼

Profit (loss) for the period9904€24k€-41k▼

Profit (loss) for the period to be appropriated9905€24k€-41k▼

Appropriation of the result

Profit (loss) to be appropriated9906€24k€-41k▼

Transfer to equity691/2€24k€0▼

To other reserves6921€24k€0▼

Social balance

Average headcount (FTE)908712.99.6▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 29 days late

NBB filing

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, Balen · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Gerheide 1792490 Balen

Ground area

1,693 m²

Building footprint

816 m²

Volume, LiDAR

3,179 m³

Parcel 13342B1311/00A003, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Balen Retail

Gerheide 179, 2490 BalenRetail trade

since 20232.346.914.604

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13342B1311/00A003	Flanders	1,693 m²	1 · 816 m²	7.5 m · 1 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.

Public money · subsidies and aid

Flemish government

2025 · 2 entries · 28,139 EUR awarded · 27,155 EUR paid

Year	Entries	awarded	paid
2025	2	28,139 EUR	27,155 EUR

Schemes

Ecologiepremie+

1 entry · 27,139 EUR · 26,155 EUR paid · Fonds voor Innoveren en Ondernemen

Premie kwalificerend werkplekleren

1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Balen2.346.914.604

2 permissions

Toelating · Detailhandel met verwerking · since 18-07-2023

Toelating · Vleeswinkel · since 18-07-2023

Dual-learning approval

3 live approvals

Onthaal, organisatie en sales duaal (so)

Goedgekeurd · 2025 to 2030

Winkelmedewerker (vwo)

Goedgekeurd · 2025 to 2030

Winkelmedewerker duaal (so)

Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Sint-Genesius-Rode · Eq €35k

TARI

BE 0883.980.794

Lanaken · Eq €34k

Of 10,412 companies in sector 47110 we hold annual accounts for 5,786. 4,450 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-05-2023

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47113Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.