Debts
€239,742 ▲ 52.0%
Debts rose by €81,967 in 2025.
BALES SERVICES
Lifetime
7 annual accounts with figures on one time axispeak €1.6m (2021)
€1.2m▲ 32.4%
peak €61,168 (2025)
€61,168▲ 63.6%
peak €211,172 (2025)
€211,172▲ 40.8%
€239,742▲ 52.0%
Board1 name since 2018
1 directorBOEREAN Cristian
Documentsfilings and deeds
26-10-202687 days late
2025financial year
Turnover from €903,579 to €1.2mResult from €37,382 to €61,168Equity from €150,004 to €211,172Debts from €157,774 to €239,742Cash from €9,072 to €1,868
Key points
from the 2025 annual accountsPayment terms
54 days to suppliers
BALES SERVICES pays its suppliers 20 days later than in 2024. Customers pay 26 days later.
Filings
7 annual accounts 87 days
Latest accounts filed late: after the legal deadline.
Checked score
54
Fair
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 3.3%● unchanged vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025
04-2025: 3.5%▲ +0.2 percentage points vs 03-2025
05-2025: 4.0%▲ +0.5 percentage points vs 04-2025
06-2025: 3.9%▼ -0.1 percentage points vs 05-2025
07-2025: 3.9%● unchanged vs 06-2025
08-2025: 5.0%▲ +1.1 percentage points vs 07-2025highest value
09-2025: 2.8%▼ -2.2 percentage points vs 08-2025
10-2025: 2.8%● unchanged vs 09-2025
11-2025: 2.8%● unchanged vs 10-2025
12-2025: 1.7%▼ -1.1 percentage points vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.6%▼ -0.1 percentage points vs 04-2026
06-2026: 1.5%▼ -0.1 percentage points vs 05-2026
07-2026: 1.4%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 1.8%▲ +0.4 percentage points vs 07-2026
09-2026: 1.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 87 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.82, cash €1,868, halved
Sector: Specialised construction activities (NACE 43)
lowers risk
Equity €211,172 (46.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 51% of them on solvency, 14% on liquidity, 48% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as BALES SERVICES has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
The bankruptcy probability of BALES SERVICES itself is higher: 1.9% within 12 months. It rests on far more data about BALES SERVICES than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for BALES SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (1.88 in 2024), above the usual 1.5. Short-term debt is 51.2% and cash 0.4% of total assets. However, 53.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 87 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-10-2026, 87 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
87 days late
2024
20 days late
2023
21 days late
2022
61 days late
2021
2 days early
2020
61 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved to Schepdaal
New registered office: Ninoofsesteenweg 857, 1703 Schepdaal · Resignation: BOEREAN Cristian (manager) · Reappointment: BOEREAN Cristian (director) · General meeting of 20-09-2023 · Gazette deed
Incorporation
Founder: BOEREAN Cristian (comparant) · Founding capital of €18,600, 100 shares, €12,400 paid up · Appointment: BOEREAN Cristian (manager) · published on 25-09-2018 · Gazette deed
First establishment
Bergense Steenweg 1054, Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BALES SERVICES Dilbeek | €450,914 | €101,217 | 46.8% | - |
| SRMC CONSTRUCT Linkebeek | €435,445 | €88,206 | 38.9% | - |
| ROOSEN ZWEMBADEN Bree | €441,456 | €98,639 | 93.9% | - |
| Verwey Buggenhout | €434,775 | €108,083 | 69.9% | - |
| GP WORKS ALGEMENE AANNEMINGEN Peer | €417,586 | €95,205 | 31.2% | - |
| BD BEL Deinze | €421,991 | €115,921 | 46.6% | - |
| Fassado Ghent | €453,738 | €129,756 | -3.0% | 2.3 |
These companies have the same main activity as BALES SERVICES: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €418,000 and €454,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 21-09-2018Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.280.106.4471070 Anderlecht, since 21-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on BALES SERVICES
BALES SERVICES has existed since 2018. In 2020 turnover rose from €395,555 to €1.5m.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BALES SERVICES
- What is the company number of BALES SERVICES?
- The company number of BALES SERVICES is 0704.897.812. The VAT number is the same number with BE in front: BE 0704.897.812.
- Where is BALES SERVICES based?
- The registered office is at Ninoofsesteenweg 857, 1703 Dilbeek.Company details
- What does BALES SERVICES do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BALES SERVICES?
- BALES SERVICES is a private limited company (BV).
- When was BALES SERVICES founded?
- BALES SERVICES was founded on 21-09-2018.
- Is BALES SERVICES still active?
- Yes, BALES SERVICES is an active enterprise in the KBO register.
- What is the turnover of BALES SERVICES?
- The turnover of BALES SERVICES was €1.2m in financial year 2025, according to the filed annual accounts.Financials
- Is BALES SERVICES profitable?
- In financial year 2025, BALES SERVICES made a profit of €61,168.
- Where can I find the annual accounts of BALES SERVICES?
- BALES SERVICES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BALES SERVICES due?
- BALES SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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