BALKANS
Bankruptcy1 interim measureSummary
The KBO register records for BALKANS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €164,407 and a net result of €47,911.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Manufacture of food products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€164,407▲ 41.1%
2022 · €116,496
Total assets
€240,114▲ 29.1%
2022 · €186,035
Net result
€47,911▼ 3.2%
2022 · €49,513
Working capital
€160,337▲ 43.8%
2022 · €111,478
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
Line202120222023
Operating result€79,355-€63,221▼ 20.3%€65,473▲ 3.6%
Net result€61,983-€49,513▼ 20.1%€47,911▼ 3.2%
Equity€66,983-€116,496▲ 73.9%€164,407▲ 41.1%
Total assets€108,710-€186,035▲ 71.1%€240,114▲ 29.1%
Debt€41,727-€69,539▲ 66.7%€75,707▲ 8.9%
Working capital€60,357-€111,478▲ 84.7%€160,337▲ 43.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 4% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €240,114
Fixed assets
€4,070 ▼ 18.9%
Current assets
€236,044 ▲ 30.4%
Equity and liabilities €240,114
Equity
€164,407 ▲ 41.1%
Debt
€75,707 ▲ 8.9%
Debt's share of the balance-sheet total falls from 37.4% to 31.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67,453▲
2022 · €64,829
Cash flow
€49,891▼
2022 · €51,121
Current ratio
3.12▲
2022 · 2.60
Debt to equity
0.46▼
2022 · 0.60
ROE
29.1%▼
2022 · 42.5%
ROA
20.0%▼
2022 · 26.6%
Interest coverage
552.89▲
2022 · 362.17
Debt ≤ 1 year
€75,707▲
2022 · €69,539
Income taxes
€17,440▲
2022 · €13,529
Staff costs
€43,211▼
2022 · €46,964
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €27,578 | €46,964 | €43,211 | ▼ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,417 | €1,608 | €1,980 | ▲ 23.1% |
| Other operating charges640/8 | €747 | €486 | €300 | ▼ 38.3% |
| Gross operating margin9900 | €109,097 | €112,279 | €110,964 | ▼ 1.2% |
| Operating profit (loss)9901 | €79,355 | €63,221 | €65,473 | ▲ 3.6% |
| Financial income75/76B | €13 | - | - | - |
| Recurring financial income75 | €13 | - | - | - |
| Financial charges65/66B | €42 | €179 | €122 | ▼ 31.8% |
| Recurring financial charges65 | €42 | €179 | €122 | ▼ 31.8% |
| Profit (loss) for the period before taxes9903 | €79,326 | €63,042 | €65,351 | ▲ 3.7% |
| Income taxes67/77 | €17,343 | €13,529 | €17,440 | ▲ 28.9% |
| Profit (loss) for the period9904 | €61,983 | €49,513 | €47,911 | ▼ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €61,983 | €49,513 | €47,911 | ▼ 3.2% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €108,710 | €186,035 | €240,114 | ▲ 29.1% |
| Fixed assets21/28 | €6,626 | €5,018 | €4,070 | ▼ 18.9% |
| Tangible fixed assets22/27 | €6,626 | €5,018 | €4,070 | ▼ 18.9% |
| Furniture and vehicles24 | €6,626 | €5,018 | €4,070 | ▼ 18.9% |
| Current assets29/58 | €102,084 | €181,017 | €236,044 | ▲ 30.4% |
| Amounts receivable after more than one year29 | €66,042 | €159,539 | €164,644 | ▲ 3.2% |
| Other amounts receivable291 | €66,042 | €159,539 | €164,644 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €21,436 | €10,994 | €69,409 | ▲ 531% |
| Trade receivables40 | €16,436 | €5,994 | €64,409 | ▲ 975% |
| Other amounts receivable41 | €5,000 | €5,000 | €5,000 | = |
| Cash at bank and in hand54/58 | €14,606 | €10,484 | €1,898 | ▼ 81.9% |
| Deferred charges and accrued income490/1 | - | - | €93 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €108,710 | €186,035 | €240,114 | ▲ 29.1% |
| Equity10/15 | €66,983 | €116,496 | €164,407 | ▲ 41.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | - | - | - |
| Issued capital100 | €5,000 | - | - | - |
| Reserves13 | €61,983 | €111,496 | €159,407 | ▲ 43.0% |
| Distributable reserves133 | €61,983 | €111,496 | €159,407 | ▲ 43.0% |
| Amounts payable17/49 | €41,727 | €69,539 | €75,707 | ▲ 8.9% |
| Amounts payable within one year42/48 | €41,727 | €69,539 | €75,707 | ▲ 8.9% |
| Trade debts44 | €7,502 | €17,758 | €16,240 | ▼ 8.5% |
| Suppliers440/4 | €7,502 | €17,758 | €16,240 | ▼ 8.5% |
| Advances received on contracts in progress46 | €10,000 | €30,874 | €30,874 | = |
| Taxes, remuneration and social security45 | €24,225 | €20,907 | €28,593 | ▲ 36.8% |
| Taxes450/3 | €21,893 | €19,725 | €21,717 | ▲ 10.1% |
| Remuneration and social security454/9 | €2,332 | €1,182 | €6,876 | ▲ 482% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,983 | €49,513 | €47,911 | ▼ 3.2% |
| + Depreciation and write-downs630 | €1,417 | €1,608 | €1,980 | ▲ 23.1% |
| Operating cash flow (approximation) | €63,400 | €51,121 | €49,891 | ▼ 2.4% |
| Investment in fixed assets (approximation) | - | €0 | -€1,032 | - |
| Change in cash | - | -€4,122 | -€8,586 | ▼ 108% |
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
2025
15-12
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 315 days late
2023
31-12
Financial
Weakest financial yearnet €47,911 ▼3.2%
Net result drops to €47,911, the lowest in the series.
31-12
Financial
Equity above €150,000Eq €164,407 ▲41.1%
3 profitable years in a row build equity to €164,407.
10-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 132 days late
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 497 days late
2022
31-12
Financial
Equity above €100,000Eq €116,496 ▲73.9%
2 profitable years in a row build equity to €116,496.
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, Temse · 1 establishment unit since 2020
Ground area
1,073 m²
Building footprint
202 m²
Volume, LiDAR
2,474 m³
Parcel 46025B1015/00G002, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BALKANS
since 20202.306.062.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B1015/00G002 | Flanders | 1,073 m² | 1 · 202 m² | 15.0 m · 4 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTemse2.306.062.756
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Of 599 companies in sector 10111 we hold annual accounts for 329. 238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.