BALLOEY JONATHAN
ActiveThe computed 12-month bankruptcy probability of BALLOEY JONATHAN is 1.6% (moderate). The 2024 annual accounts show equity of €234k and a net result of €37k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 1330 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity ample (current ratio 5.52 against 4.55 in 2023; short-term debt: 12.3% and cash: 22.3% of total assets), and 18.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 145 days later.
NBB · 4 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 26-05-2025, 26 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
26 d late
2023
13 d late
2022
23 d late
2021
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€242k
EBIT margin
37.2%
Net result
€37k▼ 18.3%
2023 · €46k
2021: €77k
2022: €65k
2023: €46k
2021 → 2024
Working capital
€160k▲ 22.3%
2023 · €131k
2021: €37k
2022: €119k
2023: €131k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€242k
Equity€87k-€151k▲ 74.6%€197k▲ 30.2%€234k▲ 18.9%
Operating result€108k-€90k▼ 16.6%€64k▼ 28.3%€56k▼ 13.6%
Net result€77k-€65k▼ 15.7%€46k▼ 29.3%€37k▼ 18.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 14% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288k
Fixed assets
€93k▼ 3.4%
Current assets
€195k▲ 16.5%
Equity and liabilities €288k
Equity
€234k▲ 18.9%
Debt
€54k▼ 19.3%
The debt ratio falls from 25.3% to 18.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2023 · €72k
Cash flow
€59k▲
2023 · €53k
Solvency
81.3%▲
2023 · 74.7%
Current ratio
5.52▲
2023 · 4.55
Quick ratio
5.52▲
2023 · 4.55
Debt / equity
0.23▼
2023 · 0.34
ROE
15.9%▼
2023 · 23.2%
ROA
12.9%▼
2023 · 17.3%
Interest coverage
154.74▲
2023 · 22.67
Debt
€54k▼
2023 · €67k
Debt ≤ 1 year
€35k▼
2023 · €37k
Debt > 1 year
€18k▼
2023 · €29k
Income taxes
€18k▼
2023 · €19k
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€263k€288k▲
Fixed assets21/28€96k€93k▼
Tangible fixed assets22/27€96k€93k▼
Land and buildings22€26k€24k▼
Plant, machinery and equipment23€3k€16k▲
Furniture and vehicles24€67k€252▼
Leasing and similar rights25-€53k
Current assets29/58€167k€195k▲
Amounts receivable within one year40/41€111k€127k▲
Trade receivables40€16k€19k▲
Other amounts receivable41€95k€108k▲
Cash at bank and in hand54/58€54k€64k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€263k€288k▲
Equity10/15€197k€234k▲
Contributions10/11€10k€10k=
Reserves13€187k€224k▲
Distributable reserves133€187k€224k▲
Amounts payable17/49€67k€54k▼
Amounts payable after more than one year17€29k€18k▼
Financial debts170/4€29k€18k▼
Amounts payable within one year42/48€37k€35k▼
Financial debts43€11k€11k=
Credit institutions430/8€11k€11k=
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Advances received on contracts in progress46-€618
Taxes, remuneration and social security45€22k€23k▲
Taxes450/3€19k€20k▲
Remuneration and social security454/9€3k€3k▲
Accrued charges and deferred income492/3€581-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€21k▲
Other operating charges640/8€2k€981▼
Gross operating margin9900€74k€78k▲
Operating profit (loss)9901€64k€56k▼
Financial income75/76B€3k€0▼
Recurring financial income75€1€0▼
Non-recurring financial income76B€3k-
Financial charges65/66B€3k€497▼
Recurring financial charges65€3k€497▼
Profit (loss) for the period before taxes9903€64k€55k▼
Income taxes67/77€19k€18k▼
Profit (loss) for the period9904€46k€37k▼
Profit (loss) for the period to be appropriated9905€46k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€37k▼
Transfer to equity691/2€46k€37k▼
To other reserves6921€46k€37k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-09
Financial
Weakest financial yearnet €37k ▼18.3%
Net result drops to €37k, the lowest in the series.
30-09
Financial
Equity above €200kEq €234k ▲18.9%
4 profitable years in a row build equity to €234k.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-09
Financial
Liquidity triplescurrent ratio 4.39
Current ratio from 1.46 to 4.39; short-term debt falls from €80k to €35k.
30-09
Financial
Equity above €150kEq €151k ▲74.6%
2 profitable years in a row build equity to €151k.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 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.
Bourgondiëstraat 28906 IeperGround area
650 m²
Building footprint
121 m²
Volume, LiDAR
7 m³
Parcel 33007C0312/03C000, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
1 establishment unit
BALLOEY JONATHAN
since 20202.304.720.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33007C0312/03C000 | Flanders | 650 m² | 1 · 121 m² | 1.0 m |
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.
Similar companies · same sector, comparable size
STUDIE- EN EXPERTISEBUREEL H. DP.
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VAJDEN
BE 0742.887.465
Brugge · Eq €235k
Etablissements THIEBAUT - SONNET
BE 0417.461.175
Fernelmont · Eq €233k
FERY Fils
BE 0465.379.571
Assesse · Eq €233k
ENTREPRISES GENERALES E. COLLETTE ET FILS
BE 0450.465.426
Mettet · Eq €236k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2020
Fiscal year end30-09
Activities, NACEBEL
42110Construction of roads and motorways
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
43422Screed work
43910Bricklaying and masonry work
43990Other specialised construction activities
43992Specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
46130Agents in the wholesale of timber and building materials
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
77320Rental and leasing activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.