BALLO 24
BankruptcyThe KBO register records for BALLO 24 the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €93k and a net result of €-23k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, abbreviated schema
Equity
€93k▼ 19.5%
2022 · €116k
2018: €9k
2019: €14k
2020: €112k
2021: €134k
2022: €116k
2018 → 2023
Total assets
€168k▼ 22.1%
2022 · €216k
2018: €101k
2019: €96k
2020: €144k
2021: €222k
2022: €216k
2018 → 2023
Net result
€-23k▼ 27.8%
2022 · €-18k
2018: €1k
2019: €5k
2020: €97k
2021: €22k
2022: €-18k
2018 → 2023
Working capital
€89k▼ 3.2%
2022 · €92k
2018: €-82k
2019: €16k
2020: €130k
2021: €112k
2022: €92k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€14k-€112k▲ 672%€134k▲ 19.6%€116k▼ 13.2%€93k▼ 19.5%
Operating result€6k-€98k▲ 1,489%€39k▼ 60.2%€25k▼ 35.2%€-13k
Net result€5k-€97k▲ 1,677%€22k▼ 77.5%€-18k€-23k▼ 27.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €13k after €25k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €168k
Fixed assets
€5k▼ 91.5%
Current assets
€163k▲ 1.5%
Equity and liabilities €168k
Equity
€93k▼ 19.5%
Debt
€75k▼ 25.2%
The debt ratio falls from 46.3% to 44.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▼
2022 · €42k
Cash flow
€-20k▼
2022 · €-838
Solvency
55.5%▲
2022 · 53.7%
Current ratio
2.18▼
2022 · 2.32
Quick ratio
2.18▼
2022 · 2.32
Debt / equity
0.80▼
2022 · 0.86
ROE
-24.2%▼
2022 · -15.3%
ROA
-13.4%▼
2022 · -8.2%
Interest coverage
-1.47▼
2022 · 9.91
Debt
€75k▼
2022 · €100k
Debt ≤ 1 year
€75k▲
2022 · €69k
Income taxes
€3k▼
2022 · €39k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€216k€168k▼
Fixed assets21/28€55k€5k▼
Tangible fixed assets22/27€55k€5k▼
Furniture and vehicles24€55k€5k▼
Current assets29/58€161k€163k▲
Amounts receivable within one year40/41€33k€14k▼
Trade receivables40€33k-
Other amounts receivable41€193€14k▲
Cash at bank and in hand54/58€127k€149k▲
Deferred charges and accrued income490/1€999€602▼
Equity and liabilities
Total equity and liabilities10/49€216k€168k▼
Equity10/15€116k€93k▼
Contributions10/11€19k€19k=
Reserves13€93k€93k=
Distributable reserves133€93k€93k=
Profit (loss) carried forward14€4k€-18k▼
Amounts payable17/49€100k€75k▼
Amounts payable after more than one year17€31k-
Financial debts170/4€31k-
Amounts payable within one year42/48€69k€75k▲
Current portion of amounts payable after more than one year42€14k-
Financial debts43€2k€47k▲
Credit institutions430/8€2k€47k▲
Trade debts44€16k€4k▼
Suppliers440/4€16k€4k▼
Taxes, remuneration and social security45€35k€24k▼
Taxes450/3€35k€24k▼
Remuneration and social security454/9-€42
Other amounts payable47/48€2k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€2k▼
Other operating charges640/8€6k€11k▲
Non-recurring operating charges66A-€28k
Gross operating margin9900€48k€27k▼
Operating profit (loss)9901€25k€-13k▼
Financial income75/76B€0€584▲
Recurring financial income75€0€584▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€21k€-20k▼
Income taxes67/77€39k€3k▼
Profit (loss) for the period9904€-18k€-23k▼
Profit (loss) for the period to be appropriated9905€-18k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-18k▼
Profit (loss) brought forward from the previous period14P€22k€4k▼
Profit to be distributed694/7-€1
Directors or managers695-€1
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
KBO administration
Address struck
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 413 days late
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 193 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-12
Financial
Highest result since 2018net €97k ▲1677%
Operating result €98k, net result €97k, both a record.
31-12
Financial
Liquidity times 9current ratio 11.26
Current ratio from 1.20 to 11.26; short-term debt falls from €80k to €13k.
31-12
Financial
Equity above €100kEq €112k ▲672%
3 profitable years in a row build equity to €112k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 18current ratio 1.20
Current ratio from 0.07 to 1.20; short-term debt falls from €87k to €80k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2020
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.
Ground area
1,672 m²
Building footprint
319 m²
Volume, LiDAR
1,664 m³
Parcel 71009C0290/00Y000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eat Point
since 20202.301.201.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009C0290/00Y000 | Flanders | 1,672 m² | 1 · 319 m² | 8.4 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.
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2015
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.