BALFROID CONSTRUCTIONS
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 2 November 2026.
Annual accounts 2023 filed on 20-12-2024 PDF all 25 filings
2018 to 2023, 5 financial years 2018 to 2023, 5 financial years
The operating result for 2023 is a profit of €26,220, after a loss of €34,963 in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2022 | 2023 |
|---|---|---|
| Tangible fixed assets | €145,337 | €24,998 |
| Depreciation and write-downs of the year | €23,858 | €37,338 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €155,730 | €256,701 | €134,740 | €95,377 | €117,044 | ▲ 22.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €105,923 | €54,339 | ▼ 48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,203 | €31,810 | €43,147 | €23,858 | €37,338 | ▲ 56.5% |
| Other operating charges640/8 | - | - | - | €559 | €2,349 | ▲ 320% |
| Gross operating margin9900 | €74,745 | €25,734 | €60,383 | -€10,546 | €65,907 | - |
| Operating profit (loss)9901 | €51,339 | -€6,226 | €16,832 | -€34,963 | €26,220 | - |
| Financial income75/76B | - | - | - | €3,117 | - | - |
| Recurring financial income75 | €329 | €10,000 | €15,001 | €3,117 | - | - |
| Financial charges65/66B | - | - | - | €913 | €5,486 | ▲ 501% |
| Recurring financial charges65 | €4,669 | €240 | €2,935 | €913 | €5,486 | ▲ 501% |
| Profit (loss) for the period before taxes9903 | €46,999 | €3,534 | €28,897 | -€32,758 | €20,734 | - |
| Income taxes67/77 | €15,000 | - | €96 | - | - | - |
| Profit (loss) for the period9904 | €31,999 | €3,534 | €28,801 | -€32,758 | €20,734 | - |
| Profit (loss) for the period to be appropriated9905 | €31,999 | €3,534 | €28,801 | -€32,758 | €20,734 | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €253,681 | €464,406 | €472,550 | €438,417 | €801,827 | ▲ 82.9% |
| Fixed assets21/28 | €102,408 | €168,779 | €211,677 | €358,774 | €346,433 | ▼ 3.4% |
| Tangible fixed assets22/27 | €102,408 | €168,779 | €211,677 | €358,774 | €346,433 | ▼ 3.4% |
| Land and buildings22 | - | - | - | €299,943 | €292,822 | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | - | €21,211 | €24,066 | ▲ 13.5% |
| Furniture and vehicles24 | - | - | - | €37,620 | €29,545 | ▼ 21.5% |
| Current assets29/58 | €151,273 | €295,627 | €260,872 | €79,643 | €455,394 | ▲ 472% |
| Stocks and contracts in progress3 | €2,697 | €2,697 | €2,697 | €2,697 | €2,697 | = |
| Stocks30/36 | - | - | - | €2,697 | €2,697 | = |
| Amounts receivable within one year40/41 | €111,347 | €283,996 | €230,843 | €67,260 | €160,650 | ▲ 139% |
| Trade receivables40 | - | - | - | €67,260 | €160,632 | ▲ 139% |
| Other amounts receivable41 | - | - | - | - | €18 | - |
| Cash at bank and in hand54/58 | €37,229 | €8,934 | €27,333 | €9,686 | €208,834 | ▲ 22× |
| Deferred charges and accrued income490/1 | - | - | - | - | €83,213 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €253,681 | €464,406 | €472,550 | €438,417 | €801,827 | ▲ 82.9% |
| Equity10/15 | €103,586 | €107,120 | €135,921 | €82,787 | €103,521 | ▲ 25.0% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €36,146 | ▲ 16.7% |
| Reserves13 | €5,160 | €5,160 | €5,160 | €5,160 | €20,000 | ▲ 288% |
| Non-distributable reserves130/1 | - | - | - | €5,160 | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,160 | - | - |
| Distributable reserves133 | - | - | - | - | €20,000 | - |
| Profit (loss) carried forward14 | €67,439 | €70,973 | €99,775 | €46,641 | €47,374 | ▲ 1.6% |
| Amounts payable17/49 | €150,096 | €357,287 | €336,629 | €355,630 | €698,307 | ▲ 96.4% |
| Amounts payable after more than one year17 | €48,252 | €45,093 | €260,792 | €263,844 | €649,801 | ▲ 146% |
| Financial debts170/4 | - | - | - | €263,844 | €167,150 | ▼ 36.6% |
| Other amounts payable178/9 | - | - | - | - | €482,651 | - |
| Amounts payable within one year42/48 | €86,246 | €304,989 | €68,646 | €91,244 | €48,506 | ▼ 46.8% |
| Trade debts44 | €63,699 | €52,179 | €64,623 | €89,561 | €39,506 | ▼ 55.9% |
| Suppliers440/4 | - | - | - | €89,561 | €39,506 | ▼ 55.9% |
| Taxes, remuneration and social security45 | - | - | - | €1,683 | €9,000 | ▲ 435% |
| Taxes450/3 | - | - | - | €1,683 | €9,000 | ▲ 435% |
| Accrued charges and deferred income492/3 | - | - | - | €542 | - | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,999 | €3,534 | €28,801 | -€32,758 | €20,734 | - |
| + Depreciation and write-downs630 | €23,203 | €31,810 | €43,147 | €23,858 | €37,338 | ▲ 56.5% |
| Operating cash flow (approximation) | €55,202 | €35,344 | €71,948 | -€8,900 | €58,072 | - |
| Investment in fixed assets (approximation) | - | -€98,181 | -€86,045 | - | -€24,998 | - |
| Change in cash | - | -€28,295 | €18,398 | - | €199,148 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 20-12-2024 | 2024-00621274 | |
| 31-12-2022 | micro format | 29-12-2023 | 2023-00539311 | |
| 31-12-2020 | micro format | 30-11-2021 | 2021-78700325 | |
| 31-12-2019 | micro format | 30-12-2020 | 2020-77500116 | |
| 31-12-2018 | micro format | 24-03-2020 | 2020-07300499 | |
| 31-12-2017 | micro format | 09-10-2018 | 2018-69100195 | |
| 31-12-2016 | full format | 26-12-2017 | 2017-73400043 | |
| 31-12-2015 | full format | 27-05-2016 | 2016-14000242 | |
| 31-12-2014 | full format | 26-05-2015 | 2015-13400178 | |
| 31-12-2013 | full format | 30-06-2014 | 2014-24200551 |