BALIM

Active

Public limited companyfounded 197254 yrs activeBourgetlaan 42, 1130 Brussel, BelgiumKBO/BCE: BE 0412.523.380

Summary

BALIM has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €48k. Equity is growing by ~29.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysis Watch Report Compare

BALIMActiveChecked score 71/100

Risk analysis Report Compare

Checked score

Score 2025

71 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability40▼-2

Solvency65▲+1

Growth78=

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €120k at 30 days acceptable

Liquidity ample (current ratio 90.94 against 65.22 in 2024; short-term debt: 1.1% of total assets), but 60% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

40%

Return on assets

1.1%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

18 d early

2024

22 d early

2023

30 d early

2022

34 d early

2021

31 d early

2020

57 d early

2019

51 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€48k▼ 32.2%

2024 · €71k

2018: €-8klowest in 8 years 2019: €-6k▲ +33.2% vs 2018 2020: €-5k▲ +2.9% vs 2019 2021: €-4k▲ +28.4% vs 2020 2022: €1.33M▲ +34470% vs 2021highest in 8 years 2023: €72k▼ -94.6% vs 2022 2024: €71k▼ -2.2% vs 2023 2025: €48k▼ -32.2% vs 2024

2018 → 2025

Working capital

€4.07M▲ 1.2%

2024 · €4.02M

2018: €968k 2019: €962k▼ -0.6% vs 2018 2020: €57k▼ -94.1% vs 2019 2021: €53k▼ -6.8% vs 2020lowest in 8 years 2022: €3.90M▲ +7298% vs 2021 2023: €3.95M▲ +1.4% vs 2022 2024: €4.02M▲ +1.8% vs 2023 2025: €4.07M▲ +1.2% vs 2024highest in 8 years

2018 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€169k-€1.50M▲ 788%€1.57M▲ 4.8%€1.64M▲ 4.5%€1.69M▲ 2.9% 2021: €169klowest in 5 years 2022: €1.50M▲ +788% vs 2021 2023: €1.57M▲ +4.8% vs 2022 2024: €1.64M▲ +4.5% vs 2023 2025: €1.69M▲ +2.9% vs 2024highest in 5 years

Operating result€-17k-€1.62M€-149k€-78k▲ 47.8%€-50k▲ 35.5% 2021: €-17k 2022: €1.62M▲ +9638% vs 2021highest in 5 years 2023: €-149k▼ -109% vs 2022lowest in 5 years 2024: €-78k▲ +47.8% vs 2023 2025: €-50k▲ +35.5% vs 2024

Net result€-4k-€1.33M€72k▼ 94.6%€71k▼ 2.2%€48k▼ 32.2% 2021: €-4klowest in 5 years 2022: €1.33M▲ +34470% vs 2021highest in 5 years 2023: €72k▼ -94.6% vs 2022 2024: €71k▼ -2.2% vs 2023 2025: €48k▼ -32.2% vs 2024

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €50k in 2025 against €78k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.23M

97.3%

Fixed assets €113k =

Current assets €4.12M ▲ 0.7%

Equity and liabilities €4.23M

40.0%

42.3%

17.8%

Equity €1.69M ▲ 2.9%

Provisions €1.79M =

Debt €752k ▼ 2.3%

Debt's share of the balance-sheet total falls from 18.3% to 17.8%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

90.94▲

2024 · 65.22

Debt to equity

0.44▼

2024 · 0.47

ROE

2.8%▼

2024 · 4.3%

ROA

1.1%▼

2024 · 1.7%

Debt ≤ 1 year

€45k▼

2024 · €63k

Debt > 1 year

€706k=

2024 · €706k

Income taxes

€16k▼

2024 · €19k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.20M€4.23M▲

Fixed assets21/28€113k€113k=

Tangible fixed assets22/27€113k€113k=

Land and buildings22€113k€113k=

Current assets29/58€4.09M€4.12M▲

Amounts receivable within one year40/41€4.09M€4.12M▲

Other amounts receivable41€4.09M€4.12M▲

Equity and liabilities

Total equity and liabilities10/49€4.20M€4.23M▲

Equity10/15€1.64M€1.69M▲

Contributions10/11€180k€180k=

Capital10€180k€180k=

Issued capital100€180k€180k=

Reserves13€18k€18k=

Non-distributable reserves130/1€18k€18k=

Legal reserve130€18k€18k=

Profit (loss) carried forward14€1.44M€1.49M▲

Provisions and deferred taxes16€1.79M€1.79M=

Provisions for liabilities and charges160/5€1.79M€1.79M=

Environmental obligations163€1.79M€1.79M=

Amounts payable17/49€769k€752k▼

Amounts payable after more than one year17€706k€706k=

Financial debts170/4€706k€706k=

Other loans174€706k€706k=

Amounts payable within one year42/48€63k€45k▼

Trade debts44-€4k

Suppliers440/4-€4k

Other amounts payable47/48€63k€42k▼

Income statement Code20242025

Operating charges60/66A€78k€50k▼

Services and other goods61€10k€4k▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€-938-

Other operating charges640/8€69k€46k▼

Operating profit (loss)9901€-78k€-50k▲

Financial income75/76B€168k€114k▼

Recurring financial income75€168k€114k▼

Income from current assets751€168k€114k▼

Financial charges65/66B€537€300▼

Recurring financial charges65€537€300▼

Other financial charges652/9€537€300▼

Profit (loss) for the period before taxes9903€90k€64k▼

Income taxes67/77€19k€16k▼

Taxes670/3€22k€16k▼

Tax adjustments and reversals of tax provisions77€3k€1▼

Profit (loss) for the period9904€71k€48k▼

Profit (loss) for the period to be appropriated9905€71k€48k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.44M€1.49M▲

Profit (loss) brought forward from the previous period14P€1.37M€1.44M▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€195	€7.14M	-	-	-	-
Other operating income74	€195	-	-	-	-	-
Non-recurring operating income76A	-	€7.14M	-	-	-	-
Operating charges60/66A	€17k	€5.52M	€149k	€78k	€50k	▼ 35.5%
Services and other goods61	€3k	€9k	€20k	€10k	€4k	▼ 59.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8	-	€1.20M	€-17k	€-938	-	-
Other operating charges640/8	€14k	€4.31M	€145k	€69k	€46k	▼ 32.8%
Operating profit (loss)9901	€-17k	€1.62M	€-149k	€-78k	€-50k	▲ 35.5%
Financial income75/76B	€14k	€89k	€227k	€168k	€114k	▼ 31.9%
Recurring financial income75	€14k	€89k	€227k	€168k	€114k	▼ 31.9%
Income from financial fixed assets750	€13k	€13k	€13k	-	-	-
Income from current assets751	€304	€77k	€214k	€168k	€114k	▼ 31.9%
Financial charges65/66B	€416	€525	€577	€537	€300	▼ 44.1%
Recurring financial charges65	€416	€525	€577	€537	€300	▼ 44.1%
Debt charges650	€0	€43	€139	-	-	-
Other financial charges652/9	€416	€482	€438	€537	€300	▼ 44.1%
Profit (loss) for the period before taxes9903	€-4k	€1.71M	€78k	€90k	€64k	▼ 28.8%
Income taxes67/77	-	€377k	€5k	€19k	€16k	▼ 16.4%
Taxes670/3	-	€377k	€24k	€22k	€16k	▼ 28.8%
Tax adjustments and reversals of tax provisions77	-	-	€19k	€3k	€1	▼ 100.0%
Profit (loss) for the period9904	€-4k	€1.33M	€72k	€71k	€48k	▼ 32.2%
Profit (loss) for the period to be appropriated9905	€-4k	€1.33M	€72k	€71k	€48k	▼ 32.2%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€1.49M	€8.32M	€4.24M	€4.20M	€4.23M	▲ 0.7%
Fixed assets21/28	€1.43M	€113k	€113k	€113k	€113k	=
Tangible fixed assets22/27	€531k	€113k	€113k	€113k	€113k	=
Land and buildings22	€531k	€113k	€113k	€113k	€113k	=
Financial fixed assets28	€900k	-	-	-	-	-
Affiliated companies280/1	€900k	-	-	-	-	-
Amounts receivable281	€900k	-	-	-	-	-
Current assets29/58	€60k	€8.21M	€4.12M	€4.09M	€4.12M	▲ 0.7%
Amounts receivable within one year40/41	€47k	€8.18M	€4.12M	€4.09M	€4.12M	▲ 0.7%
Trade receivables40	-	-	€96k	-	-	-
Other amounts receivable41	€47k	€8.18M	€4.03M	€4.09M	€4.12M	▲ 0.7%
Deferred charges and accrued income490/1	€13k	€26k	-	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€1.49M	€8.32M	€4.24M	€4.20M	€4.23M	▲ 0.7%
Equity10/15	€169k	€1.50M	€1.57M	€1.64M	€1.69M	▲ 2.9%
Contributions10/11	€180k	€180k	€180k	€180k	€180k	=
Capital10	€180k	€180k	€180k	€180k	€180k	=
Issued capital100	€180k	€180k	€180k	€180k	€180k	=
Reserves13	€18k	€18k	€18k	€18k	€18k	=
Non-distributable reserves130/1	€18k	€18k	€18k	€18k	€18k	=
Legal reserve130	€18k	€18k	€18k	€18k	€18k	=
Profit (loss) carried forward14	€-29k	€1.30M	€1.37M	€1.44M	€1.49M	▲ 3.3%
Provisions and deferred taxes16	€608k	€1.81M	€1.79M	€1.79M	€1.79M	=
Provisions for liabilities and charges160/5	€608k	€1.81M	€1.79M	€1.79M	€1.79M	=
Environmental obligations163	€608k	€1.81M	€1.79M	€1.79M	€1.79M	=
Amounts payable17/49	€714k	€5.02M	€874k	€769k	€752k	▼ 2.3%
Amounts payable after more than one year17	€706k	€706k	€706k	€706k	€706k	=
Financial debts170/4	€706k	€706k	€706k	€706k	€706k	=
Other loans174	€706k	€706k	€706k	€706k	€706k	=
Amounts payable within one year42/48	€7k	€4.31M	€168k	€63k	€45k	▼ 27.7%
Trade debts44	€7k	€3k	€2k	-	€4k	-
Suppliers440/4	€7k	€3k	€2k	-	€4k	-
Taxes, remuneration and social security45	-	-	€24k	-	-	-
Taxes450/3	-	-	€24k	-	-	-
Other amounts payable47/48	-	€4.31M	€142k	€63k	€42k	▼ 33.7%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€-4k	€1.33M	€72k	€71k	€48k	▼ 32.2%
Operating cash flow (approximation)	€-4k	€1.33M	€72k	€71k	€48k	▼ 32.2%
Investment in fixed assets (approximation)	-	€1.32M	€0	€0	€0	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

09-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Liquidity triplescurrent ratio 65.22

Current ratio from 24.55 to 65.22; short-term debt falls from €168k to €63k.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Liquidity times 13current ratio 24.55

Current ratio from 1.90 to 24.55; short-term debt falls from €4.31M to €168k.

27-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Back to profitnet €1.33M

Net result €1.33M after 4 loss-making years.

31-12

Financial Equity above €1MEq €1.50M ▲788%

Equity rises from €169k to €1.50M.

30-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

04-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

10-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

04-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

30-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

15-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 23 acts read

About the unread acts

We know of 23 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

23 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brussel

exact location from the address register On OpenStreetMap

Ground area

2,460 m²

Parcel 21821C0259/00N000, Brussels. Linked by address, not a title deed.

39 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21821C0259/00N000	Brussels	2,460 m²	-	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Identification & contact

Identification

Legal formPublic limited company

Founded29-06-1972

Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.