BALITEX
ActiveSummary
BALITEX has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €1.2m and a net result of €554,937. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+21
Growth85▲+13
Track record84
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 11.58 against 1.44 in 2024; short-term debt: 8.6% and cash: 15.2% of total assets), and 8.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
91.4%
Return on assets
40.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.2m
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 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
53 d early
2024
42 d late
2023
44 d early
2022
49 d early
2021
44 d early
2020
6 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Number closure annulledNumber closed duplicate
Checked, nothing found (1)
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. Usually files around 17 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€252,847▲ 51.1%
2019 · €167,390
EBIT margin
47.4%▲ 32.6pp
2019 · 14.8%
Net result
€554,937▼ 22.9%
2024 · €720,220
Working capital
€1.2m▲ 327%
2024 · €292,479
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€397,369▲ 232%€9,418▼ 97.6%€11,700▲ 24.2%€980,521▲ 8,280%€801,347▼ 18.3%
Net result€368,916▲ 254%-€1,319€780€720,220▲ 92,286%€554,937▼ 22.9%
EBIT margin
Equity€40,182▼ 96.6%€38,863▼ 3.3%€39,642▲ 2.0%€759,862▲ 1,817%€1.2m▲ 64.4%
Total assets€1.3m▼ 12.2%€1.3m▼ 3.2%€1.2m▼ 5.0%€1.4m▲ 18.4%€1.4m▼ 3.6%
Debt€1.3m▲ 303%€1.2m▼ 3.2%€1.2m▼ 5.3%€659,405▼ 43.1%€118,214▼ 82.1%
Working capital-€947,810▼ 3,162%-€936,061▲ 1.2%-€923,715▲ 1.3%€292,479€1.2m▲ 327%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Net result +254% on 2020. This fiscal year ran 13 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.4m
Equity
€1.2m ▲ 64.4%
Debt
€118,214 ▼ 82.1%
Debt's share of the balance-sheet total falls from 46.5% to 8.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
11.58▲
2024 · 1.44
Debt to equity
0.09▼
2024 · 0.87
ROE
44.4%▼
2024 · 94.8%
ROA
40.6%▼
2024 · 50.7%
Debt ≤ 1 year
€118,116▼
2024 · €659,405
Income taxes
€258,971▲
2024 · €247,380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €396,959 | - | - | €997,406 | €830,617 | ▼ 16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,883 | €50,662 | €50,662 | €22,651 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,777 | -€2,777 | - | - | - |
| Other operating charges640/8 | €15,787 | €12,301 | €14,939 | €11,973 | €4,059 | ▼ 66.1% |
| Gross operating margin9900 | €468,039 | €75,158 | €74,524 | €1.0m | €805,406 | ▼ 20.7% |
| Operating profit (loss)9901 | €397,369 | €9,418 | €11,700 | €980,521 | €801,347 | ▼ 18.3% |
| Financial income75/76B | - | €1 | €2 | - | €12,591 | - |
| Recurring financial income75 | - | €1 | €2 | - | €12,591 | - |
| Financial charges65/66B | €17,144 | €10,738 | €10,922 | €12,921 | €30 | ▼ 99.8% |
| Recurring financial charges65 | €17,144 | €10,738 | €10,922 | €12,921 | €30 | ▼ 99.8% |
| Profit (loss) for the period before taxes9903 | €380,225 | -€1,319 | €780 | €967,599 | €813,908 | ▼ 15.9% |
| Income taxes67/77 | €11,309 | - | - | €247,380 | €258,971 | ▲ 4.7% |
| Profit (loss) for the period9904 | €368,916 | -€1,319 | €780 | €720,220 | €554,937 | ▼ 22.9% |
| Profit (loss) for the period to be appropriated9905 | €368,916 | -€1,319 | €780 | €720,220 | €554,937 | ▼ 22.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.3m | €1.2m | €1.4m | €1.4m | ▼ 3.6% |
| Fixed assets21/28 | €1.2m | €1.1m | €1.1m | €467,383 | - | - |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.1m | €467,383 | - | - |
| Land and buildings22 | €1.2m | €1.1m | €1.1m | €467,383 | - | - |
| Current assets29/58 | €148,854 | €158,110 | €145,182 | €951,884 | €1.4m | ▲ 43.7% |
| Amounts receivable within one year40/41 | €31,883 | €29,040 | €2,959 | €51,662 | €1,317 | ▼ 97.5% |
| Trade receivables40 | €256 | €349 | €1,759 | €1,662 | €1,317 | ▼ 20.8% |
| Other amounts receivable41 | €31,627 | €28,691 | €1,200 | €50,000 | - | - |
| Current investments50/53 | - | - | - | - | €1.2m | - |
| Cash at bank and in hand54/58 | €116,972 | €129,070 | €142,223 | €900,222 | €207,374 | ▼ 77.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €34 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.2m | €1.4m | €1.4m | ▼ 3.6% |
| Equity10/15 | €40,182 | €38,863 | €39,642 | €759,862 | €1.2m | ▲ 64.4% |
| Reserves13 | €679 | €679 | €679 | €679 | €1.2m | ▲ 178,259% |
| Distributable reserves133 | €679 | €679 | €679 | €679 | €1.2m | ▲ 178,259% |
| Profit (loss) carried forward14 | €39,504 | €38,184 | €38,964 | €759,183 | €38,964 | ▼ 94.9% |
| Amounts payable17/49 | €1.3m | €1.2m | €1.2m | €659,405 | €118,214 | ▼ 82.1% |
| Amounts payable after more than one year17 | €166,595 | €129,002 | €89,907 | - | - | - |
| Financial debts170/4 | €166,595 | €129,002 | €89,907 | - | - | - |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.1m | €659,405 | €118,116 | ▼ 82.1% |
| Current portion of amounts payable after more than one year42 | €36,152 | €37,593 | €39,096 | - | - | - |
| Trade debts44 | €1,192 | €903 | €1,652 | €2,068 | €1,268 | ▼ 38.7% |
| Suppliers440/4 | €1,192 | €903 | €1,652 | €2,068 | €1,268 | ▼ 38.7% |
| Advances received on contracts in progress46 | - | €791 | €1,566 | €1,653 | - | - |
| Taxes, remuneration and social security45 | €2,796 | €1,465 | €1,975 | €49,031 | €116,848 | ▲ 138% |
| Taxes450/3 | €2,796 | €1,465 | €1,975 | €49,031 | €116,848 | ▲ 138% |
| Other amounts payable47/48 | €1.1m | €1.1m | €1.0m | €606,653 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €98 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €368,916 | -€1,319 | €780 | €720,220 | €554,937 | ▼ 22.9% |
| + Depreciation and write-downs630 | €54,883 | €50,662 | €50,662 | €22,651 | - | - |
| Operating cash flow (approximation) | €423,799 | €49,342 | €51,441 | €742,870 | €554,937 | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €563,230 | - | - |
| Change in cash | - | €12,098 | €13,153 | €757,998 | -€692,848 | ▼ 191% |
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 8current ratio 11.58
Current ratio from 1.44 to 11.58; short-term debt falls from €659,405 to €118,116.
31-12
Financial
Equity above €1mEq €1.2m ▲64.4%
3 profitable years in a row build equity to €1.2m.
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 42 days late
2024
31-12
Financial
Highest result since 2018net €720,220 ▲92,286%
Operating result €980,521, net result €720,220, both a record.
31-12
Financial
Liquidity times 11current ratio 1.44
Current ratio from 0.14 to 1.44; short-term debt falls from €1.1m to €659,405.
31-12
Financial
Equity above €500,000Eq €759,862 ▲1,817%
2 profitable years in a row build equity to €759,862.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €780
Net result €780 after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€1,319
Net result drops to -€1,319, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 45 days late
18-02
KBO administration
Number closure annulled
event 28-01-2019
2018
30-11
KBO administration
Number closed duplicate
event 22-11-2018
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Bilzen-Hoeselt · 1 establishment unit since 2017
Ground area
1,591 m²
Parcel 73006G0188/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
BALITEX
since 20172.261.499.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006G0188/00L000 | Flanders | 1,591 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 formPrivate limited company
Founded20-04-2000
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0670566740
Also
9925:BE0670566740
Registered
11-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.