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BALSAM

Active
Private limited companyfounded 2010active for 16 yearsAarschotsesteenweg 565, 3012 Leuven, BelgiumKBO/BCE: BE 0826.779.993
Summary

The annual accounts of BALSAM for financial year 2025 show a net loss of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €4,817 and a net result of -€28,753. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 1,363 sector peers (NACE 96, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow ReportCompare
BALSAMActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Personal service activities
NACE 96910
9th largest employer in Leuven, Other services sector1 site
Size
€372,069total assets 2025
Staff
103 FTE
Equity
€4,817
Loss
-€28,753
Turnover not published (abbreviated format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
2025 accounts 54 days early1 of 3 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearSize: 103 FTE, total assets €372,069Loss of €28,753 (financial year 2025)lowers riskLiquidity: current ratio 0.31, cash €106,017Founded in 2010Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 96, medium-sized)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 26-6
equity 1.3% of total assets
Liquidity 36-18
short-term debt 92.2% · cash 28.5%
Profitability 26-48
return on assets -7.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (128 companies, NACE 96, medium-sized)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.6%▲ +0.2 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.31, compared with 0.5 in 2024, below 1; short-term debt: 92.2% and cash: 28.5% of total assets), and 98.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, medium-sized): better than 14% on solvency, 21% on liquidity, 28% on profitability and 6% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Size: 103 FTE, total assets €372,069
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.31, cash €106,017
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €28,753 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1363 sector peers (2025).
NBB · sector comparison
Position among 1363 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
54 days early
2024
50 days early
2023
55 days early
2022
42 days early
2021
7 days early
2020
48 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €22,745

Key points

  • Caution: From profit to loss in 2025after €22,745 in 2024 -€28,753 View
  • Caution: Among the weakest 10% on net resultsector median €5,236 · 1,359 companies -€28,753 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €8.7m View

By topic

Financials

Financial year
2025
Total assets
€372,069
Loss
-€28,753
Solvency
1.3%
Total assets▼ 25.5%
Net result
20192025
Go to Financials

Timeline

Events
20
Since
2012
Next accounts
by 31-01-2027
  1. 14-03-2024Resignation: Justyna BALSAM (manager)
  2. 07-12-2023Annual accounts filed
  3. 20-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Personal service activitiesNACE 96910
Founded
03-06-2010
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
First Saturday of December at 11:00
Purpose
“Huishoudelijke hulp,zijnde schoonmaken (met inbegrip van ramen),wassen en bereiden van…” (deed in Dutch)
Go to Articles of association

Key facts about BALSAM

What is the company number of BALSAM?
0826.779.993. In Belgium the VAT number is the company number with BE in front: BE 0826.779.993.
Where is BALSAM based?
The registered office is at Aarschotsesteenweg 565, 3012 Leuven.Company details
What does BALSAM do?
According to the KBO register, the main activity is personal service activities (NACE 96910).
What is the legal form of BALSAM?
Private limited company (BV).
When was BALSAM founded?
On 03-06-2010.
Is BALSAM still active?
Yes, BALSAM is an active enterprise in the KBO register.
How many employees does BALSAM have?
On average 103 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BALSAM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BALSAM profitable?
In financial year 2025, BALSAM made a loss of €28,753.
Where can I find the annual accounts of BALSAM?
BALSAM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BALSAM due?
By 31-01-2027, for financial year 2026.Timeline

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