Balena
ActiveThe computed 12-month bankruptcy probability of Balena is 9.2% (elevated). The 2025 annual accounts show negative equity (€-178k) and a net result of €-65k. Equity is shrinking by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 13061 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33=
Growth58=
Stability94
Bankruptcy probability, 12 months
9.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Age of the figures
Age of the figures
8 mo
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 · 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 2025Equity per financial year
232425
2023 to 2025 · latest year -€178k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 3 filingsDeviation from the deadline
2025
27 d late
2024
61 d late
2023
30 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-178k▼ 57.9%
2024 · €-112k
2023: €-63k
2024: €-112k
2023 → 2025
Total assets
€1k▼ 98.7%
2024 · €87k
2023: €138k
2024: €87k
2023 → 2025
Net result
€-65k▼ 32.1%
2024 · €-49k
2023: €-93k
2024: €-49k
2023 → 2025
Working capital
€-116k▲ 3.2%
2024 · €-120k
2023: €-92k
2024: €-120k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-63k-€-112k▼ 78.0%€-178k▼ 57.9%
Operating result€-89k-€-45k▲ 48.8%€-62k▼ 35.8%
Net result€-93k-€-49k▲ 47.1%€-65k▼ 32.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62k in 2025 against €45k in 2024; the loss grows.
Key figures and ratios
Debt
€179k▼
2024 · €199k
Debt ≤ 1 year
€117k▼
2024 · €123k
Debt > 1 year
€62k▼
2024 · €77k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
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€87k€1k▼
Fixed assets21/28€84k-
Tangible fixed assets22/27€84k-
Plant, machinery and equipment23€84k-
Current assets29/58€3k€1k▼
Amounts receivable after more than one year29-€565
Other amounts receivable291-€565
Cash at bank and in hand54/58€3k€519▼
Equity and liabilities
Total equity and liabilities10/49€87k€1k▼
Equity10/15€-112k€-178k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-142k€-208k▼
Amounts payable17/49€199k€179k▼
Amounts payable after more than one year17€77k€62k▼
Financial debts170/4€77k€62k▼
Amounts payable within one year42/48€123k€117k▼
Current portion of amounts payable after more than one year42€15k€15k▼
Trade debts44€25k€18k▼
Suppliers440/4€25k€18k▼
Taxes, remuneration and social security45€928-
Taxes450/3€928-
Other amounts payable47/48€81k€84k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-
Other operating charges640/8-€399
Non-recurring operating charges66A€27k€64k▲
Gross operating margin9900€-9k€2k▲
Operating profit (loss)9901€-45k€-62k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-49k€-65k▼
Profit (loss) for the period9904€-49k€-65k▼
Profit (loss) for the period to be appropriated9905€-49k€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-142k€-208k▼
Profit (loss) brought forward from the previous period14P€-93k€-142k▼
The notes to these accounts (6 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-03-2023
Annick D'Hollander: Resigned as Director
15-02-2023
Walter Mees: Resigned as Director
Location & real-estate footprint
Registered office, Wijnegem · 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.
Stokerijstraat 212110 WijnegemGround area
2.0 ha
Building footprint
301 m²
Volume, LiDAR
4,914 m³
Parcel 11050B0295/00W003, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Balena
since 20222.336.619.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0295/00W003 | Flanders | 2.0 ha | 1 · 301 m² | 17.8 m · 5 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.
Similar companies · same sector and region
ALKSSA
BE 0827.616.668
Wijnegem
ANJAR BVBA
BE 0474.698.895
Wijnegem
Au Bord de La Salm
BE 1021.589.746
Wijnegem
Balter
BE 1001.200.247
Wijnegem
Belgium-Vending
BE 0407.979.921
Wijnegem
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 20,234 companies in sector 56111 we hold annual accounts for 11,312.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2022
Fiscal year end31-12
Trade name NL
Renée
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.