BALLO 24
The computed 12-month bankruptcy probability of BALLO 24 is 7.8% (elevated). The 2023 annual accounts show equity of €93k and a net result of €-23k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 479 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €93k |
| Net result | €-23k |
| Better than sector | 82% |
| Active | 11 yrs |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 55.5% | 16.7% | |
| Net result | €-23k | €9k | |
| Equity | €93k | €42k | |
| Gross operating margin | €27k | €222k | |
| Total assets | €168k | €324k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-11k |
| Net profit | €-23k |
| Cash flow | €-20k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €168k |
| Equity | €93k |
| Debt | €75k |
| of which ≤ 1y | €75k |
| of which > 1y | - |
| Working capital | €89k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 2.18 |
| Quick ratio | 2.18 |
| Working capital ratio | 52.7% |
| Solvency | 55.5% |
| Debt / equity | 0.80 |
| Long-term debt ratio | - |
| Interest coverage | -1.47 |
| Gross margin | - |
| Net margin | - |
| ROA | -13.4% |
| ROE | -24.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €168k |
| Fixed assets | 21/28 | €5k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €163k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €149k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €168k |
| Equity | 10/15 | €93k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €93k |
| Accumulated profits (losses) | 14 | €-18k |
| Amounts payable | 17/49 | €75k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €-13k |
| Financial income | 75 | €584 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-20k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 08-01-2015 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009C0290/00Y000 | Flanders | 1,672 m² | 1 · 319 m² | 8.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-11-2023 Discharge granted to the board
Technical details
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"events": [
{
"kind": "decharge_granted",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "YILMAZ Furkan",
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"profession": null,
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},
"reason": "voluntary",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit het vrijwillig ontslag te aanvaarden van nagemelde huidige zaakvoerder van de vennootschap, en deze onmiddellijk hierna te herbenoemen tot niet-statutaire bestuurder voor een onbepaalde duur: 1/ De heer YILMAZ Furkan.",
"decharge_status": "granted",
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},
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"effective_date_qualifier": "immediate"
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{
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"statutory": "statutair",
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"evidence_quote": "De vennootschap wordt bestuurd door \u00E9\u00E9n of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder kunnen hebben.",
"decharge_status": null,
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}
],
"notary": {
"name": "Jan Jutten",
"firm_city": null,
"firm_name": null,
"office_city": "Beringen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-10",
"filing_date": "2023-11-08",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-07",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0568.523.532",
"name_full": "BALLO 24",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jan Jutten",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"een eensluidende uitgifte van het proces-verbaal",
"de geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BALLO 24 |
- 18-11-2025 Address struck