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BALMORAL TERRASSES

Active
Private limited companyfounded 2018active for 8 yearsBld Emile-de-Laveleye 69, 4020 Liège, BelgiumKBO/BCE: BE 0700.418.786

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of BALMORAL TERRASSES is 2.8% (moderate). The 2024 annual accounts show negative equity (-€729,603) and a net result of -€482,828. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 4,796 sector peers (NACE 68, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 26-07-2018 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Development of residential building projects NACE 68121and 5 others
Establishment unit
2.278.167.140 4020 Liège, since 26-07-2018
Financial year end
31 December
Peppol
Reachable since 22-07-2025

Board and ownership

Board
  • Fabrice LACOURDirector · since 14-12-2023
  • JUNGBLUTH RolandDirector · since 14-12-2023
  • L D IMMODirector · since 14-12-2023 · permanent representative LACOUR Fabrice Eric
  • LD IMMODirector · since 14-12-2023 · permanent representative Fabrice LACOUR
  • MULLER AndréDirector · since 14-12-2023

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2024
Gross margin
-€65,700
▼ 59.0%
Loss
€482,828
▲ 140%
Equity
-€729,603
▼ 196%
Total assets
€8.0m
▲ 10.8%
2025 accounts not filed, 93 days past the deadline
Filed on 05-11-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 06-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 97 days late; 1 of the last 3 accounts lateLiquidity: current ratio 1.24, cash €34,371, halvedlowers riskSize: total assets €8.0mShow the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of small companies in real estate (NACE 68)
Financial strength · tick: 2023
Weak
Solvency 16-6
equity -9.1% of total assets
Liquidity 7+1
short-term debt 79.5% · cash 0.4%
Profitability 22-9
return on assets -6.0%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.5 percentage points vs 09-2025 11-2025: 1.4%▲ +0.1 percentage points vs 10-2025 12-2025: 0.9%▼ -0.5 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026 10-2026: 2.8%▲ +0.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity is tight, with a current ratio of 1.24 (1.2 in 2023), below the usual 1.5. Short-term debt is 79.5% and cash 0.4% of total assets. Equity is negative.
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 68, small). It does better than 6% of them on solvency, 8% on liquidity, 15% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 06-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 97 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.24, cash €34,371, halved
NBB · annual accounts
lowers risk · Size: total assets €8.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€729,603
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 97 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
97 days late
2023
on the day
2022
5 days early
2021
31 days early
2020
17 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 33 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€729,603 View
  • Risk: 6 loss-making years in a rowloss in financial year 2024 -€482,828 View
  • Caution: Result fell in 2024from -€201,253 to -€482,828 ▼ 140% View
  • Caution: Less equity than 95% of companies in real estatesector median €525,862 · 4,797 companies -€729,603 View

Comparable companies

These companies have the same main activity as BALMORAL TERRASSES: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €7.3m and €8.6m, founded between 2016 and 2019.

CompanyTotal assetsGross margin
BALMORAL TERRASSES Liège€8.0m-€0.07m
ARCADES RED Chaudfontaine€7.8m-€0.06m
LIFT AU LOFT Oreye€7.9m-€0.001m
SASW Nieuwpoort€8.2m-€0.03m
VGV INVEST Hasselt€7.4m-€0.01m
MaraVilla Development Geel€8.6m-€0.02m
UNIPARK Brussel€7.3m-€0.002m
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Articles and registers

Key facts about BALMORAL TERRASSES

What is the company number of BALMORAL TERRASSES?
The company number of BALMORAL TERRASSES is 0700.418.786. The VAT number is the same number with BE in front: BE 0700.418.786.
Where is BALMORAL TERRASSES based?
The registered office is at Bld Emile-de-Laveleye 69, 4020 Liège.Company details
What does BALMORAL TERRASSES do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of BALMORAL TERRASSES?
The legal form of BALMORAL TERRASSES is Private limited company (BV).
When was BALMORAL TERRASSES founded?
BALMORAL TERRASSES was founded on 26-07-2018.
Is BALMORAL TERRASSES still active?
Yes, BALMORAL TERRASSES is an active enterprise in the KBO register.
What is the turnover of BALMORAL TERRASSES?
The annual accounts for financial year 2024 state no turnover.Financials
Is BALMORAL TERRASSES profitable?
In financial year 2024, BALMORAL TERRASSES made a loss of €482,828.
Where can I find the annual accounts of BALMORAL TERRASSES?
BALMORAL TERRASSES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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