BALKAYA GROUP
ActiveBALKAYA GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €82k and a net result of €7k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 782 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
124 d late
2022
151 d late
2021
61 d late
2020
117 d late
2019
137 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€82k▲ 9.9%
2023 · €74k
2018: €13k
2019: €21k
2020: €37k
2021: €50k
2022: €55k
2023: €74k
2018 → 2024
Net result
€7k▼ 61.9%
2023 · €19k
2018: €-37k
2019: €7k
2020: €17k
2021: €13k
2022: €5k
2023: €19k
2018 → 2024
Total assets
€357k▲ 11.2%
2023 · €321k
2018: €32k
2019: €44k
2020: €295k
2021: €293k
2022: €316k
2023: €321k
2018 → 2024
Solvency
22.9%▼ 0.3pp
2023 · 23.2%
2018: 40.7%
2019: 46.6%
2020: 12.7%
2021: 17.2%
2022: 17.4%
2023: 23.2%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€50k▲ 34.9%€55k▲ 9.1%€74k▲ 35.3%€82k▲ 9.9%
Operating result€22k-€21k▼ 7.1%€13k▼ 37.9%€32k▲ 148%€18k▼ 45.4%
Net result€17k-€13k▼ 22.4%€5k▼ 64.9%€19k▲ 325%€7k▼ 61.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €357k
Fixed assets
€333k▲ 14.2%
Current assets
€23k▼ 18.6%
Equity and liabilities €357k
Equity
€82k▲ 9.9%
Debt
€275k▲ 11.6%
The debt ratio rises from 76.8% to 77.1%: debt grows faster than equity.
Key figures and ratios
Solvency
22.9%▼
2023 · 23.2%
ROE
9.0%▼
2023 · 26.1%
ROA
2.1%▼
2023 · 6.1%
Debt
€275k▲
2023 · €246k
Debt ≤ 1 year
€72k▲
2023 · €55k
Debt > 1 year
€203k▲
2023 · €191k
Income taxes
€7k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€321k€357k▲
Fixed assets21/28€292k€333k▲
Tangible fixed assets22/27€292k€333k▲
Land and buildings22€252k€245k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€27k€80k▲
Assets under construction and advance payments27€3k-
Current assets29/58€29k€23k▼
Amounts receivable within one year40/41€12k€15k▲
Other amounts receivable41€12k€15k▲
Cash at bank and in hand54/58€14k€7k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€321k€357k▲
Equity10/15€74k€82k▲
Contributions10/11€19k€19k=
Reserves13€2k€9k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€7k
Profit (loss) carried forward14€54k€54k=
Amounts payable17/49€246k€275k▲
Amounts payable after more than one year17€191k€203k▲
Financial debts170/4€191k€203k▲
Amounts payable within one year42/48€55k€72k▲
Current portion of amounts payable after more than one year42€22k€42k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€11k€17k▲
Taxes450/3€11k€17k▲
Other amounts payable47/48€14k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€33k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€58k€56k▼
Operating profit (loss)9901€32k€18k▼
Financial income75/76B€31€243▲
Recurring financial income75€31€243▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€28k€14k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€19k€7k▼
Profit (loss) for the period to be appropriated9905€19k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€61k▲
Profit (loss) brought forward from the previous period14P€34k€54k▲
Transfer to equity691/2-€7k
To other reserves6921-€7k
Social balance
Average headcount (FTE)90870.2-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 124 days late
2023
31-12
Financial
Highest result since 2018net €19k ▲325%
Operating result €32k, net result €19k, both a record.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 151 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 117 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 137 days late
17-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 201 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 56 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 73 days late
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 404 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schaarbeek · 2 establishment units since 2012
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.
Leuvensesteenweg 7141030 SchaarbeekGround area
2,585 m²
Building footprint
1,258 m²
Volume, LiDAR
20,872 m³
2 parcels, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Leuvensesteenweg 714, 1030 Schaarbeek
since 20122.217.337.450
Veeweidestraat 19, 1070 Anderlecht
since 20262.383.396.304
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0101/00P002 | Brussels | 2,406 m² | 1 · 1,131 m² | 20.6 m · 6 fl. |
| 21001A0626/00M004 | Brussels | 179 m² | 1 · 127 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,666 companies in sector 66220 we hold annual accounts for 3,215. 2,595 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2011
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.