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Ballet

Active
Private limited company (pre-2019)founded 1998active for 28 yearsOosterbeekstraat 60, 3500 Hasselt, BelgiumKBO/BCE: BE 0463.744.231
Summary

Ballet has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174,358 and a net result of €3,887. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 75% of 9,394 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-07-1998 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.087.755.645 3500 Hasselt, since 20-07-1998
Financial year end
31 December
Peppol
Reachable since 18-12-2024

Board and ownership

Board
  • Ballet FreddyDirector
  • Hermans IrèneDirector

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€51,808
▼ 37.5%
Turnover
≈ €270,000
estimated
Profit
€3,887
▼ 85.4%
Equity
€174,358
▲ 2.3%
Total assets
€260,659
▼ 8.9%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 3.64, cash €78,841Founded in 1998Equity €174,358 (66.9% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 92+7
equity 66.9% of total assets
Liquidity 83-11
short-term debt 17.8% · cash 30.2%
Profitability 71-9
return on assets 1.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.64 (2.68 in 2024), above the usual 1.5. Short-term debt is 17.8% and cash 30.2% of total assets. 33.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 76% of them on solvency, 85% on liquidity, 43% on profitability and 41% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 3.64, cash €78,841
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €174,358 (66.9% of total assets)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
17 days early
2023
6 days early
2022
28 days early
2021
16 days early
2020
12 days late
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 84% of companies in construction of buildingssector median €45,646 · 9,397 companies €174,358 View
  • Positive: 8 profitable years in a rowprofit 2025: €3,887 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Ballet: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €226,000 and €276,000, founded between 1998 and 2000.

CompanyTotal assetsGross margin
Ballet Hasselt€260,659€51,808
BOUWWERKEN JAEKEN MARIO Peer€276,255€54,328
BOUWONDERNEMING GEBROEDERS VENKEN Dilsen-Stokkem€229,087€57,109
ALGEMENE BOUWWERKEN BOCKEN Dilsen-Stokkem€250,607€40,188
POSEN DIRK Diepenbeek€270,240€39,945
BOUWWERKEN KERKHOFS LUC Oudsbergen€226,436€41,894
REAL ESTATE EUROIMMO Eupen€271,634€48,526
Full comparison

Key facts about Ballet

What is the company number of Ballet?
The company number of Ballet is 0463.744.231. The VAT number is the same number with BE in front: BE 0463.744.231.
Where is Ballet based?
The registered office is at Oosterbeekstraat 60, 3500 Hasselt.Company details
What does Ballet do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Ballet?
The legal form of Ballet is Private limited company (pre-2019) (BVBA).
When was Ballet founded?
Ballet was founded on 17-07-1998.
Is Ballet still active?
Yes, Ballet is an active enterprise in the KBO register.
What is the turnover of Ballet?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €51,808 and 107 comparable companies (NACE 41001). It probably lies between €190,000 and €480,000.Financials
Is Ballet profitable?
In financial year 2025, Ballet made a profit of €3,887.
Where can I find the annual accounts of Ballet?
Ballet filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ballet due?
Ballet must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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