BALIMAR
ActiveSummary
BALIMAR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €15k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-5
Solvency57▲+5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.59 in 2024; short-term debt: 11.9% and cash: 1% of total assets), and 67.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.4%
Return on assets
4.2%
Age of the figures
9 mo
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 22-05-2026, 70 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
70 d early
2024
128 d early
2023
128 d early
2022
154 d early
2021
73 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 15.1%
2024 · €97k
2021: €30k
2022: €36k
2023: €68k
2024: €97k
2021 → 2025
Total assets
€344k▼ 4.3%
2024 · €359k
2021: €156k
2022: €365k
2023: €363k
2024: €359k
2021 → 2025
Net result
€15k▼ 49.2%
2024 · €29k
2021: €24k
2022: €6k
2023: €32k
2024: €29k
2021 → 2025
Working capital
€-21k▼ 25.5%
2024 · €-17k
2021: €-5k
2022: €-44k
2023: €-30k
2024: €-17k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€36k▲ 20.5%€68k▲ 88.9%€97k▲ 42.4%€111k▲ 15.1%
Operating result€32k-€14k▼ 57.4%€47k▲ 245%€43k▼ 9.2%€25k▼ 40.3%
Net result€24k-€6k▼ 74.3%€32k▲ 423%€29k▼ 9.8%€15k▼ 49.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344k
Fixed assets
€324k ▼ 3.0%
Current assets
€19k ▼ 21.6%
Equity and liabilities €344k
Equity
€111k ▲ 15.1%
Debt
€232k ▼ 11.4%
Debt's share of the balance-sheet total falls from 73.1% to 67.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €53k
Cash flow
€26k▼
2024 · €39k
Current ratio
0.48▼
2024 · 0.59
Debt to equity
2.09▼
2024 · 2.72
ROE
13.1%▼
2024 · 29.8%
ROA
4.2%▼
2024 · 8.0%
Interest coverage
6.37▼
2024 · 9.70
Debt ≤ 1 year
€41k▼
2024 · €42k
Debt > 1 year
€190k▼
2024 · €219k
Income taxes
€5k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€359k€344k▼
Formation expenses20€0-
Fixed assets21/28€334k€324k▼
Tangible fixed assets22/27€334k€324k▼
Land and buildings22€332k€322k▼
Plant, machinery and equipment23-€932
Furniture and vehicles24€2k€1k▼
Current assets29/58€25k€19k▼
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€9k€10k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€12k€3k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€359k€344k▼
Equity10/15€97k€111k▲
Contributions10/11€6k€6k=
Reserves13€91k€105k▲
Distributable reserves133€91k€105k▲
Amounts payable17/49€262k€232k▼
Amounts payable after more than one year17€219k€190k▼
Financial debts170/4€219k€190k▼
Amounts payable within one year42/48€42k€41k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€57k€40k▼
Operating profit (loss)9901€43k€25k▼
Financial income75/76B€158€268▲
Recurring financial income75€158€268▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€37k€20k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€29k€15k▼
Profit (loss) for the period to be appropriated9905€29k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€15k▼
Transfer to equity691/2€29k€15k▼
To other reserves6921€29k€15k▼
The notes to these accounts (11 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €111k ▲15.1%
5 profitable years in a row build equity to €111k.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €32k ▲423%
Operating result €47k, net result €32k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼74.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Haaltert · 1 establishment unit since 2021
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.
Iddergemsesteenweg(DE) 109450 HaaltertGround area
1,502 m²
Building footprint
143 m²
Volume, LiDAR
913 m³
Parcel 41010B1186/02K000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BALIMAR
since 20212.311.801.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010B1186/02K000 | Flanders | 1,502 m² | 1 · 143 m² | 10.0 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.
Similar companies · same sector, comparable size
Fullsterkur
BE 1005.897.621
Antwerpen · Eq €111,110
Seghers Consulting
BE 0546.983.196
Dilbeek · Eq €111,094
TEKMA
BE 0882.844.312
Gent · Eq €111,227
ARALT-INVEST
BE 0649.780.630
Zonhoven · Eq €111,244
ASKO EUROPE
BE 1006.495.556
Schoten · Eq €111,247
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.