BALERDON
ActiveBALERDON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-13k) and a net result of €-19k. Equity is shrinking by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 1543 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-53
Solvency11▼-19
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.95 in 2024; short-term debt: 91.2% and cash: 4.7% of total assets), 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.
−lowers risk+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 10
Relative position
BE, all sectors
reference
Sector 10
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 2025Solvency, return and age of the figures
Solvency
-13.5%
Return on assets
-19.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-13k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
41 d late
2023
69 d late
2022
20 d early
2021
18 d late
2020
46 d late
2019
120 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-13k
2024 · €6k
2018: €32k
2019: €34k
2020: €30k
2021: €24k
2022: €12k
2023: €-5k
2024: €6k
2018 → 2025
Total assets
€98k▼ 14.2%
2024 · €114k
2018: €166k
2019: €189k
2020: €223k
2021: €237k
2022: €182k
2023: €327k
2024: €114k
2018 → 2025
Net result
€-19k
2024 · €11k
2018: €2k
2019: €2k
2020: €-4k
2021: €-6k
2022: €-12k
2023: €-18k
2024: €11k
2018 → 2025
Working capital
€-27k▼ 643%
2024 · €-4k
2018: €8k
2019: €-16k
2020: €15k
2021: €15k
2022: €-18k
2023: €-172
2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€12k▼ 49.6%€-5k€6k€-13k
Operating result€-473-€-7k▼ 1,302%€-7k▼ 12.9%€23k€-9k
Net result€-6k-€-12k▼ 117%€-18k▼ 45.6%€11k€-19k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€36k▼ 15.2%
Current assets
€62k▼ 13.7%
Key figures and ratios
EBITDA
€-744▼
2024 · €31k
Cash flow
€-11k▼
2024 · €19k
Solvency
-13.5%▼
2024 · 5.0%
Current ratio
0.70▼
2024 · 0.95
Quick ratio
0.40▼
2024 · 0.64
Debt / equity
-8.40▼
2024 · 18.98
ROA
-19.4%▼
2024 · 9.7%
Interest coverage
-0.07▼
2024 · 2.68
Debt
€111k▲
2024 · €108k
Debt ≤ 1 year
€89k▲
2024 · €76k
Debt > 1 year
€18k▼
2024 · €33k
Income taxes
€18▼
2024 · €245
Staff costs
€75k▲
2024 · €69k
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€114k€98k▼
Fixed assets21/28€42k€36k▼
Intangible fixed assets21€558€218▼
Tangible fixed assets22/27€39k€33k▼
Plant, machinery and equipment23€30k€25k▼
Furniture and vehicles24€789€2k▲
Leasing and similar rights25€3k€2k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€3k€3k=
Current assets29/58€72k€62k▼
Stocks and contracts in progress3€23k€26k▲
Stocks30/36€23k€26k▲
Amounts receivable within one year40/41€43k€30k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€37k€26k▼
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€114k€98k▼
Equity10/15€6k€-13k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-19k€-38k▼
Amounts payable17/49€108k€111k▲
Amounts payable after more than one year17€33k€18k▼
Financial debts170/4€33k€18k▼
Amounts payable within one year42/48€76k€89k▲
Current portion of amounts payable after more than one year42€22k€13k▼
Financial debts43€27k€24k▼
Credit institutions430/8€27k€24k▼
Trade debts44€14k€41k▲
Suppliers440/4€14k€41k▲
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€1k€2k▲
Remuneration and social security454/9€12k€11k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€69k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€102k€76k▼
Operating profit (loss)9901€23k€-9k▼
Financial income75/76B€18€74▲
Recurring financial income75€18€74▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€11k€-19k▼
Income taxes67/77€245€18▼
Profit (loss) for the period9904€11k€-19k▼
Profit (loss) for the period to be appropriated9905€11k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-38k▼
Profit (loss) brought forward from the previous period14P€-30k€-19k▲
The notes to these accounts (13 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-19k ▼272%
Net result drops to €-19k, the lowest in the series.
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 4 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 46 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 120 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2018
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.
07-09-2018
Edouard Luppens: Resigned as Manager
15-08-2017
Marc Goris: Resigned as Manager
09-06-2015
Kristel Elewaut: Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2014
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.
Parkstraat 219100 Sint-NiklaasGround area
713 m²
Building footprint
642 m²
Volume, LiDAR
5,310 m³
Parcel 46443E0431/00B000, Flanders · tallest building 18.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BALERDON
since 20142.237.040.031
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0431/00B000 | Flanders | 713 m² | 1 · 642 m² | 18.5 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
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 26,763 EUR awarded · 26,763 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,041 EUR | 5,041 EUR |
| 2024 | 2 | 8,808 EUR | 8,808 EUR |
| 2023 | 2 | 12,599 EUR | 12,599 EUR |
| 2022 | 1 | 315 EUR | 315 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.237.040.031
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
Jumbb
BE 0647.508.454
Ukkel · Eq €6k
JANN CHOCOLATES
BE 0802.222.860
Maldegem · Eq €5k
PRALINEUR ROGER CARRETTE
BE 0438.878.973
Deerlijk · Eq €5k
Bruchoc
BE 0834.153.775
Brugge · Eq €7k
Freda
BE 0729.701.801
Wingene · Eq €5k
Of 725 companies in sector 10820 we hold annual accounts for 351. 89 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-2014
Fiscal year end31-12
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.