BALMA CONSULTING
ActiveBALMA CONSULTING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €27k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75=
Solvency47▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.03 in 2024; short-term debt: 78.4% and cash: 0.2% of total assets), and 78.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.6%
Return on assets
5.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 31544 sector peers (2025).
NBB · sector comparisonPosition among 31544 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €116k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
28 d late
2023
29 d late
2022
28 d late
2021
4 d late
2020
1 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▲ 30.6%
2024 · €89k
2019: €134k
2020: €117k
2021: €108k
2022: €74k
2023: €65k
2024: €89k
2019 → 2025
Total assets
€537k▲ 4.2%
2024 · €516k
2019: €593k
2020: €585k
2021: €572k
2022: €551k
2023: €545k
2024: €516k
2019 → 2025
Net result
€27k▲ 13.7%
2024 · €24k
2019: €-15k
2020: €-17k
2021: €-9k
2022: €-34k
2023: €-9k
2024: €24k
2019 → 2025
Working capital
€-375k▲ 9.2%
2024 · €-413k
2019: €-368k
2020: €-370k
2021: €-371k
2022: €-396k
2023: €-393k
2024: €-413k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€74k▼ 31.5%€65k▼ 11.9%€89k▲ 36.9%€116k▲ 30.6%
Operating result€-9k-€-34k▼ 271%€-8k▲ 74.8%€24k€27k▲ 12.5%
Net result€-9k-€-34k▼ 264%€-9k▲ 74.1%€24k€27k▲ 13.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537k
Fixed assets
€491k▼ 2.4%
Current assets
€46k▲ 260%
Equity and liabilities €537k
Equity
€116k▲ 30.6%
Debt
€421k▼ 1.4%
The debt ratio falls from 82.7% to 78.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2024 · €39k
Cash flow
€39k▲
2024 · €39k
Solvency
21.6%▲
2024 · 17.3%
Current ratio
0.11▲
2024 · 0.03
Quick ratio
0.11▲
2024 · 0.03
Debt / equity
3.62▼
2024 · 4.79
ROE
23.4%▼
2024 · 26.9%
ROA
5.1%▲
2024 · 4.6%
Interest coverage
534.99▲
2024 · 124.54
Debt
€421k▼
2024 · €427k
Debt ≤ 1 year
€421k▼
2024 · €426k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€516k€537k▲
Fixed assets21/28€503k€491k▼
Tangible fixed assets22/27€503k€491k▼
Land and buildings22€491k€479k▼
Plant, machinery and equipment23€12k€12k▼
Current assets29/58€13k€46k▲
Amounts receivable within one year40/41€11k€40k▲
Trade receivables40€11k€40k▲
Other amounts receivable41€0€215▲
Cash at bank and in hand54/58€1k€870▼
Deferred charges and accrued income490/1€342€5k▲
Equity and liabilities
Total equity and liabilities10/49€516k€537k▲
Equity10/15€89k€116k▲
Contributions10/11€7k€7k=
Reserves13€162k€162k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€162k€162k=
Profit (loss) carried forward14€-80k€-53k▲
Amounts payable17/49€427k€421k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€426k€421k▼
Trade debts44€7k€17k▲
Suppliers440/4€7k€17k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€417k€401k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€41k€42k▲
Operating profit (loss)9901€24k€27k▲
Financial charges65/66B€312€74▼
Recurring financial charges65€312€74▼
Profit (loss) for the period before taxes9903€24k€27k▲
Profit (loss) for the period9904€24k€27k▲
Profit (loss) for the period to be appropriated9905€24k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-80k€-53k▲
Profit (loss) brought forward from the previous period14P€-104k€-80k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Highest result since 2019net €27k ▲13.7%
Operating result €27k, net result €27k, both a record.
30-06
Financial
Equity above €100kEq €116k ▲30.6%
2 profitable years in a row build equity to €116k.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Back to profitnet €24k
Net result €24k after 5 loss-making years.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2002
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.
Anna Bijnslaan(Kor) 228500 KortrijkGround area
3,128 m²
Building footprint
248 m²
Volume, LiDAR
1,767 m³
Parcel 34354C0900/00Z002, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Anna Bijnslaan(Kor) 22, 8500 Kortrijk
since 20022.095.811.296
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0900/00Z002 | Flanders | 3,128 m² | 1 · 248 m² | 11.3 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.
Similar companies · same sector, comparable size
WOWT
BE 0679.493.314
Elsene · Eq €116k
YALO
BE 0560.787.385
Kapellen · Eq €116k
CEDOCO
BE 0824.552.359
Anderlecht · Eq €116k
TRADE EURO
BE 0866.384.006
Brussel · Eq €116k
Devillé Consulting
BE 0801.893.654
Beveren-Kruibeke-Zwijndrecht · Eq €116k
Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,814 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2002
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
74501
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.