BALILO
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024 filed on 16-12-2024 PDF all 20 filings
Turnover
≈ €310,000
Estimated: probably between €260,000 and €360,000
Total assets
€713,409▲ 9.3%
2023 · €652,734
Net result
€70,267▼ 11.3%
2023 · €79,226
Working capital
€382,198▲ 14.0%
2023 · €335,376
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result for 2024 is 20% lower than in 2023. It is the second fall in a row.
Operating result€110,666
2024
Net result€70,267
2024
Total assets€713,409
2024
Equity€501,108
2024
Debt€212,301
2024
Working capital€382,198
2024
Return on assets (ROA)9.8%
2024
Solvency70.2%
2024
Current ratio4.03
2024
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 Activities of head offices; management consultancy activities (NACE 70). 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€31,908-€27,322▼ 14.4%€100,885▲ 269%€145,577▲ 44.3%€138,419▼ 4.9%€110,666▼ 20.1%
Net result€15,744--€2,909below the sector's middle half€25,076within the sector's middle half€104,583above the sector's middle half▲ 317%€79,226above the sector's middle half▼ 24.2%€70,267above the sector's middle half▼ 11.3%
Equity€259,191-€256,282above the sector's middle half▼ 1.1%€281,358above the sector's middle half▲ 9.8%€385,940above the sector's middle half▲ 37.2%€465,166above the sector's middle half▲ 20.5%€501,108above the sector's middle half▲ 7.7%
Total assets€582,702-€567,724above the sector's middle half▼ 2.6%€583,694above the sector's middle half▲ 2.8%€621,231above the sector's middle half▲ 6.4%€652,734above the sector's middle half▲ 5.1%€713,409above the sector's middle half▲ 9.3%
Debt€289,214-€277,145▼ 4.2%€268,039▼ 3.3%€235,291▼ 12.2%€187,568▼ 20.3%€212,301▲ 13.2%
Working capital€204,737-€211,549above the sector's middle half▲ 3.3%€242,554above the sector's middle half▲ 14.7%€296,188above the sector's middle half▲ 22.1%€335,376above the sector's middle half▲ 13.2%€382,198above the sector's middle half▲ 14.0%
Solvency44.5%-45.1%within the sector's middle half▲ 0.7pp48.2%within the sector's middle half▲ 3.1pp62.1%within the sector's middle half▲ 13.9pp71.3%within the sector's middle half▲ 9.1pp70.2%within the sector's middle half▼ 1.0pp
Current ratio3.71-3.37within the sector's middle half▼ 0.343.30within the sector's middle half▼ 0.074.01within the sector's middle half▲ 0.715.38above the sector's middle half▲ 1.374.03within the sector's middle half▼ 1.35
Return on assets (ROA)2.7%--0.5%below the sector's middle half▼ 3.2pp4.3%within the sector's middle half▲ 4.8pp16.8%within the sector's middle half▲ 12.5pp12.1%within the sector's middle half▼ 4.7pp9.8%within the sector's middle half▼ 2.3pp
Staff (FTE)1.7
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €713,409
Fixed assets
€205,041 ▼ 14.8%
Current assets
€508,368 ▲ 23.4%
Equity and liabilities €713,409
Equity
€501,108 ▲ 7.7%
Debt
€212,301 ▲ 13.2%
Debt's share of the balance-sheet total rises from 28.7% to 29.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,278▼
2023 · €168,726
Cash flow
€115,879▲
2023 · €109,533
Debt to equity
0.42▲
2023 · 0.40
ROE
14.0%▼
2023 · 17.0%
Interest coverage
30.69▼
2023 · 36.61
Debt ≤ 1 year
€126,169▲
2023 · €76,605
Debt > 1 year
€84,722▼
2023 · €110,963
Income taxes
€39,589▼
2023 · €54,589
Staff costs
€6,874▲
2023 · €2,665
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Comparable companies
These companies have the same main activity as BALILO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €614,000 and €796,000, founded between 2000 and 2002.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| BALILO Herselt | 2003 | €713,409 | €501,108 | €179,523 | €70,267 | 2024 |
| VAN HECKE ISABELLE Edegem | 2001 | €706,465 | €652,245 | €172,948 | €115,347 | 2025 |
| PI - CONSULT Sint-Katelijne-Waver | 2001 | €653,740 | €367,871 | €192,954 | €3,223 | 2025 |
| VERHERSTRAETEN PETER Geel | 2001 | €745,532 | €565,264 | €162,407 | €102,473 | 2025 |
| DEVELOPMENT, LEARNING AND MANAGEMENT ADVICE Brasschaat | 2001 | €785,940 | €345,263 | €198,965 | €112,116 | 2025 |
| LAURALCO Antwerpen | 2000 | €795,700 | €300,820 | €193,474 | €89,039 | 2025 |
| AURELIUS Merksplas | 2002 | €613,524 | €447,558 | €161,716 | €63,911 | 2026 |
They were chosen from the 54,698 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,289 awarded · €2,499 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €252 | €252 |
| 2024 | 1 | €252 | €252 |
| 2023 | 1 | €1,575 | €1,785 |
| 2022 | 1 | €210 | €210 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €2,665 | €6,874 | ▲ 158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,256 | €35,597 | €36,538 | €33,785 | €30,308 | €45,612 | ▲ 50.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | -€27,371 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€34,297 | - | - | - |
| Other operating charges640/8 | - | - | - | €3,021 | €4,650 | €43,742 | ▲ 841% |
| Gross operating margin9900 | €60,101 | €71,263 | €154,227 | €148,087 | €176,042 | €179,523 | ▲ 2.0% |
| Operating profit (loss)9901 | €31,908 | €27,322 | €100,885 | €145,577 | €138,419 | €110,666 | ▼ 20.1% |
| Financial income75/76B | - | - | - | €281 | €4 | €4,282 | ▲ 1,060× |
| Recurring financial income75 | - | €253 | €18 | €281 | €4 | €4,282 | ▲ 1,060× |
| Financial charges65/66B | - | - | - | €6,012 | €4,608 | €5,092 | ▲ 10.5% |
| Recurring financial charges65 | €8,478 | €7,626 | €6,715 | €6,012 | €4,608 | €5,092 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | €23,430 | €19,949 | €94,188 | €139,846 | €133,815 | €109,857 | ▼ 17.9% |
| Income taxes67/77 | €7,686 | €22,858 | €69,113 | €35,263 | €54,589 | €39,589 | ▼ 27.5% |
| Profit (loss) for the period9904 | €15,744 | -€2,909 | €25,076 | €104,583 | €79,226 | €70,267 | ▼ 11.3% |
| Profit (loss) for the period to be appropriated9905 | €15,744 | -€2,909 | €25,076 | €104,583 | €79,226 | €70,267 | ▼ 11.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €582,702 | €567,724 | €583,694 | €621,231 | €652,734 | €713,409 | ▲ 9.3% |
| Fixed assets21/28 | €302,429 | €266,832 | €235,593 | €226,632 | €240,753 | €205,041 | ▼ 14.8% |
| Tangible fixed assets22/27 | €302,429 | €266,832 | €235,593 | €226,632 | €240,753 | €205,041 | ▼ 14.8% |
| Land and buildings22 | - | - | - | €202,955 | €193,096 | €175,114 | ▼ 9.3% |
| Plant, machinery and equipment23 | - | - | - | €11,534 | €8,814 | €6,094 | ▼ 30.9% |
| Furniture and vehicles24 | - | - | - | €12,142 | €38,843 | €23,833 | ▼ 38.6% |
| Current assets29/58 | €280,273 | €300,893 | €348,100 | €394,600 | €411,981 | €508,368 | ▲ 23.4% |
| Amounts receivable within one year40/41 | €173,403 | €176,995 | €184,391 | €168,633 | €164,914 | €176,937 | ▲ 7.3% |
| Trade receivables40 | - | - | - | €75,794 | €82,202 | €101,328 | ▲ 23.3% |
| Other amounts receivable41 | - | - | - | €92,838 | €82,712 | €75,610 | ▼ 8.6% |
| Current investments50/53 | - | - | - | - | - | €105,520 | - |
| Cash at bank and in hand54/58 | €103,331 | €120,249 | €159,416 | €220,304 | €241,280 | €219,998 | ▼ 8.8% |
| Deferred charges and accrued income490/1 | - | - | - | €5,663 | €5,786 | €5,911 | ▲ 2.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €582,702 | €567,724 | €583,694 | €621,231 | €652,734 | €713,409 | ▲ 9.3% |
| Equity10/15 | €259,191 | €256,282 | €281,358 | €385,940 | €465,166 | €501,108 | ▲ 7.7% |
| Contributions10/11 | €18,550 | - | - | €18,550 | €18,550 | €18,550 | = |
| Capital10 | - | - | - | €18,550 | - | €18,550 | - |
| Issued capital100 | - | - | - | €18,550 | - | €18,550 | - |
| Contributions outside capital11 | - | - | - | - | €18,550 | - | - |
| Other1109/19 | - | - | - | - | €18,550 | - | - |
| Reserves13 | €240,641 | €237,732 | €262,808 | €367,390 | €446,616 | €482,558 | ▲ 8.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - | - |
| Tax-exempt reserves132 | - | - | - | €4,033 | €4,033 | €4,033 | = |
| Distributable reserves133 | - | - | - | €361,497 | €440,723 | €476,665 | ▲ 8.2% |
| Provisions and deferred taxes16 | €34,297 | €34,297 | €34,297 | - | - | - | - |
| Amounts payable17/49 | €289,214 | €277,145 | €268,039 | €235,291 | €187,568 | €212,301 | ▲ 13.2% |
| Amounts payable after more than one year17 | €213,678 | €187,802 | €162,492 | €136,879 | €110,963 | €84,722 | ▼ 23.6% |
| Financial debts170/4 | - | - | - | €136,879 | €110,963 | €84,722 | ▼ 23.6% |
| Amounts payable within one year42/48 | €75,536 | €89,343 | €105,547 | €98,411 | €76,605 | €126,169 | ▲ 64.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €44,470 | €25,917 | €26,241 | ▲ 1.3% |
| Trade debts44 | €28,329 | €16,754 | €17,884 | €11,651 | €17,699 | €36,481 | ▲ 106% |
| Suppliers440/4 | - | - | - | €11,651 | €17,699 | €36,481 | ▲ 106% |
| Taxes, remuneration and social security45 | - | - | - | €26,247 | €32,989 | €38,836 | ▲ 17.7% |
| Taxes450/3 | - | - | - | €24,843 | €31,147 | €37,233 | ▲ 19.5% |
| Remuneration and social security454/9 | - | - | - | €1,405 | €1,842 | €1,603 | ▼ 13.0% |
| Other amounts payable47/48 | - | - | - | €16,043 | - | €24,611 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,410 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,744 | -€2,909 | €25,076 | €104,583 | €79,226 | €70,267 | ▼ 11.3% |
| + Depreciation and write-downs630 | €44,256 | €35,597 | €36,538 | €33,785 | €30,308 | €45,612 | ▲ 50.5% |
| Operating cash flow (approximation) | €60,000 | €32,688 | €61,613 | €138,368 | €109,533 | €115,879 | ▲ 5.8% |
| Investment in fixed assets (approximation) | - | €1 | -€5,299 | -€24,824 | -€44,429 | -€9,900 | ▲ 77.7% |
| Change in cash | - | €16,918 | €39,167 | €60,888 | €20,976 | -€21,282 | - |
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 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 16-12-2024 | 2024-00616502 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00027792 | |
| 30-06-2022 | micro format | 28-02-2023 | 2023-00036113 | |
| 30-06-2021 | micro format | 28-02-2022 | 2022-07100124 | |
| 30-06-2020 | micro format | 28-02-2021 | 2021-06900399 | |
| 30-06-2019 | micro format | 29-02-2020 | 2020-06100510 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-04400263 | |
| 30-06-2017 | micro format | 18-05-2018 | 2018-13000383 | |
| 30-06-2016 | abbreviated format | 28-02-2017 | 2017-05100379 | |
| 30-06-2015 | abbreviated format | 02-02-2016 | 2016-04000236 |