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BALTA

Active
Private limited companyfounded 20223 yrs activeRue des Minières 4, 4800 Verviers, BelgiumKBO/BCE: BE 0794.385.161
Summary

The computed 12-month bankruptcy probability of BALTA is 5.5% (elevated). The 2024 annual accounts show equity of €5,008 and a net result of €4,654. Its solvency ranks better than 58% of 18940 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+48
Solvency64▲+37
Growth78
Track record94
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.17 against 0.24 in 2023; short-term debt: 61.4% and cash: 0.3% of total assets), and 61.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
38.6%
Return on assets
35.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
152 d late
2023
56 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 104 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 December 2022, BALTA was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,008▲ 1,312%
2023 · €355
Total assets
€12,958▼ 35.9%
2023 · €20,229
Net result
€4,654
2023 · -€1,845
Working capital
-€6,582▲ 56.4%
2023 · -€15,090
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€1,708-€5,661
Net result-€1,845within the sector's middle half-€4,654within the sector's middle half
Equity€355within the sector's middle half-€5,008within the sector's middle half▲ 1,312%
Total assets€20,229below the sector's middle half-€12,958below the sector's middle half▼ 35.9%
Debt€19,875-€7,950▼ 60.0%
Working capital-€15,090within the sector's middle half--€6,582within the sector's middle half▲ 56.4%
Solvency1.8%within the sector's middle half-38.6%within the sector's middle half▲ 36.9pp
Current ratio0.24below the sector's middle half-0.17below the sector's middle half▼ 0.07
Return on assets (ROA)-9.1%below the sector's middle half-35.9%above the sector's middle half▲ 45.0pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000€4,000€6,000Operating result 2023: -€1,708-€1,708Net result 2023: -€1,845-€1,845Operating result 2024: €5,661€5,661Net result 2024: €4,654€4,65420232024-€2,000€0€2,000€4,000€6,000Operating result 2023: -€1,708-€1,710Net result 2023: -€1,845-€1,850Operating result 2024: €5,661€5,660Net result 2024: €4,654€4,65020232024
The operating result returns to profit in 2024: €5,661 after a loss of €1,708 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12,958
Fixed assets €11,591 ▼ 25.0%
Current assets €1,368 ▼ 71.4%
Equity and liabilities €12,958
Equity €5,008 ▲ 1,312%
Debt €7,950 ▼ 60.0%
Debt's share of the balance-sheet total falls from 98.2% to 61.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,515▲
2023 · €810
Cash flow
€8,508▲
2023 · €672
Debt to equity
1.59
ROE
92.9%
Interest coverage
62.09▲
2023 · 5.40
Debt ≤ 1 year
€7,950▼
2023 · €19,875
Income taxes
€870
Staff costs
€37▼
2023 · €2,228
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€20,229€12,958▼
Fixed assets21/28€15,445€11,591▼
Tangible fixed assets22/27€15,034€11,179▼
Furniture and vehicles24€7,356€4,358▼
Other tangible fixed assets26€7,677€6,822▼
Financial fixed assets28€411€411=
Current assets29/58€4,785€1,368▼
Stocks and contracts in progress3€483-
Stocks30/36€483-
Amounts receivable within one year40/41€4,009€1,017▼
Trade receivables40€3,344-
Other amounts receivable41€665€1,017▲
Cash at bank and in hand54/58€8€36▲
Deferred charges and accrued income490/1€284€315▲
Equity and liabilities
Total equity and liabilities10/49€20,229€12,958▼
Equity10/15€355€5,008▲
Contributions10/11€2,200€2,200=
Profit (loss) carried forward14-€1,845€2,808▲
Amounts payable17/49€19,875€7,950▼
Amounts payable within one year42/48€19,875€7,950▼
Trade debts44€3,462€2,164▼
Suppliers440/4€3,462€2,164▼
Advances received on contracts in progress46-€1,513
Taxes, remuneration and social security45€976€870▼
Taxes450/3-€870
Remuneration and social security454/9€976-
Other amounts payable47/48€15,436€3,404▼
Income statement Code20232024
Remuneration, social security and pensions62€2,228€37▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,517€3,854▲
Other operating charges640/8€327€1,000▲
Gross operating margin9900€3,364€10,552▲
Operating profit (loss)9901-€1,708€5,661▲
Financial income75/76B€12€16▲
Recurring financial income75€12€16▲
Financial charges65/66B€150€153▲
Recurring financial charges65€150€153▲
Profit (loss) for the period before taxes9903-€1,845€5,523▲
Income taxes67/77-€870
Profit (loss) for the period9904-€1,845€4,654▲
Profit (loss) for the period to be appropriated9905-€1,845€4,654▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,845€2,808▲
Profit (loss) brought forward from the previous period14P--€1,845

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€2,228€37▼ 98.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,517€3,854▲ 53.1%
Other operating charges640/8€327€1,000▲ 206%
Gross operating margin9900€3,364€10,552▲ 214%
Operating profit (loss)9901-€1,708€5,661▲ 432%
Financial income75/76B€12€16▲ 24.4%
Recurring financial income75€12€16▲ 24.4%
Financial charges65/66B€150€153▲ 2.1%
Recurring financial charges65€150€153▲ 2.1%
Profit (loss) for the period before taxes9903-€1,845€5,523▲ 399%
Income taxes67/77-€870-
Profit (loss) for the period9904-€1,845€4,654▲ 352%
Profit (loss) for the period to be appropriated9905-€1,845€4,654▲ 352%
Line20232024Change
Assets
Total assets20/58€20,229€12,958▼ 35.9%
Fixed assets21/28€15,445€11,591▼ 25.0%
Tangible fixed assets22/27€15,034€11,179▼ 25.6%
Furniture and vehicles24€7,356€4,358▼ 40.8%
Other tangible fixed assets26€7,677€6,822▼ 11.1%
Financial fixed assets28€411€411=
Current assets29/58€4,785€1,368▼ 71.4%
Stocks and contracts in progress3€483--
Stocks30/36€483--
Amounts receivable within one year40/41€4,009€1,017▼ 74.6%
Trade receivables40€3,344--
Other amounts receivable41€665€1,017▲ 53.0%
Cash at bank and in hand54/58€8€36▲ 327%
Deferred charges and accrued income490/1€284€315▲ 10.8%
Equity and liabilities
Total equity and liabilities10/49€20,229€12,958▼ 35.9%
Equity10/15€355€5,008▲ 1,312%
Contributions10/11€2,200€2,200=
Profit (loss) carried forward14-€1,845€2,808▲ 252%
Amounts payable17/49€19,875€7,950▼ 60.0%
Amounts payable within one year42/48€19,875€7,950▼ 60.0%
Trade debts44€3,462€2,164▼ 37.5%
Suppliers440/4€3,462€2,164▼ 37.5%
Advances received on contracts in progress46-€1,513-
Taxes, remuneration and social security45€976€870▼ 10.9%
Taxes450/3-€870-
Remuneration and social security454/9€976--
Other amounts payable47/48€15,436€3,404▼ 77.9%
Line20232024Change
Profit (loss) for the period9904-€1,845€4,654▲ 352%
+ Depreciation and write-downs630€2,517€3,854▲ 53.1%
Operating cash flow (approximation)€672€8,508▲ 1,166%
Investment in fixed assets (approximation)-€0-
Change in cash-€28-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
2024
31-12
Financial Back to profitnet €4,654
Net result €4,654 after one loss-making year.
25-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Verviers · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
114 m²
Building footprint
116 m²
Volume, LiDAR
1,783 m³
Parcel 63079D0356/00Z007, Wallonia · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BALTA
Rue des Minières 4, 4800 VerviersWaste collection, recovery and disposal activities
since 20222.339.491.431
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079D0356/00Z007 Wallonia 114 m² 1 · 116 m² 17.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
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

Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 2,801 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
43240Other construction installation
43350Other building finishing work
95316Washing and cleaning of motor vehicles
81230Other cleaning activities
82990Other business support services
Contact
E-mail balta.entreprise@gmail.com
Phone 0465404082
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794385161
Also 9925:BE0794385161
Registered 26-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.