Equity
-€8,611
Debts exceed assets in financial year 2025.
BALTENCO
Lifetime
16 annual accounts with figures on one time axispeak €4,925 (2022)
€1,894▼ 9.6%
lowest -€4,954 (2017)
€890▼ 50.1%
peak €6,093 (2009)
-€8,611▲ €890
€168,474▼ 9.9%
Board1 name since 2009
1 directorBALTHAZARD Claude
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Result from €1,786 to €890Cash from €26 to €1,324
Key points
from the 2025 annual accountsProfit
5 years
5 profitable years in a row. Profit 2025: €890.
Turnover
≈ €8,700 estimated
The micro format states no turnover.
Debts
€168,474 105% of the balance sheet
Suppliers 2%Taxes and wages 5%Other 94%
Filings
16 annual accounts since 2009
Ten of the last ten came late. The 2023 accounts came latest: 61 days after the end of the period.
Position in the sector
-€8,611
Less equity than 93% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
Checked score
53
Fair
Financially stronger than 21% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.9%▼ -0.4 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged 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: 0.9%● unchanged vs 03-2026
05-2026: 0.8%▼ -0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026
09-2026: 0.5%▼ -0.7 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.21, cash €1,324
Negative equity -€8,611
lowers risk
Size: total assets €159,862
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, micro). It does better than 8% of them on solvency, 2% on liquidity, 19% on profitability and 56% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.21 (0.28 in 2024), below 1. Short-term debt is 105.4% and cash 0.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 39376 sector peers (2025).
NBB · sector comparisonPosition among 39376 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
29 days late
2024
29 days late
2023
61 days late
2022
30 days late
2021
30 days late
2020
30 days late
2019
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808907744
Company renamed from JARDINADRIN to BALTENCO
Registered office moved to La Roche-en-Ardenne · New registered office: Rue du Purnalet 8, 6980 LA ROCHE-EN-ARDENNE · Change of role: BALTHAZARD Claude, from manager to director · General meeting of 11-01-2021 · Gazette deed
Incorporation
published on 09-01-2009 · Gazette deed
First establishment
JARDINADRIN, Rue de Houffalize, Nadrin 14, Houffalize
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BALTENCO La Roche-en-Ardenne | €159,862 | €1,894 | -5.4% | - |
| UMANO Kapelle-op-den-Bos | €174,994 | €1,916 | 42.1% | - |
| CIFRAS Namur | €170,475 | €2,086 | 88.9% | - |
| DIRK DE ROOVER Antwerp | €152,054 | €1,969 | 99.7% | - |
| DV MANAGEMENT CONSULTING Lessines | €184,959 | €1,659 | 23.5% | - |
| PROLOGY Genappe | €148,837 | €2,310 | 68.0% | - |
| MarGau Brussels | €175,032 | €1,749 | -42.3% | - |
These companies have the same main activity as BALTENCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €149,000 and €185,000, founded between 2006 and 2010.
Official details
Source: KBO- Status
- Active since 07-01-2009Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.176.325.5536660 Houffalize, since 07-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 14-01-2026
Insights on BALTENCO
BALTENCO files the micro format. That format states no turnover. The gross margin fell from €3,804 in 2009 to €1,894 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BALTENCO
- What is the company number of BALTENCO?
- The company number of BALTENCO is 0808.907.744. The VAT number is the same number with BE in front: BE 0808.907.744.
- Where is BALTENCO based?
- The registered office is at Rue du Purnalet 8, 6980 La Roche-en-Ardenne.Company details
- What does BALTENCO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BALTENCO?
- BALTENCO is a private limited company (BV).
- When was BALTENCO founded?
- BALTENCO was founded on 07-01-2009.
- Is BALTENCO still active?
- Yes, BALTENCO is an active enterprise in the KBO register.
- What is the turnover of BALTENCO?
- The turnover in financial year 2025 is ≈ €8,700. This figure is estimated from the gross margin of €1,894 and 206 comparable companies (NACE 70200). It probably lies between €4,100 and €18,000. It is a rough estimate.Financials
- Is BALTENCO profitable?
- In financial year 2025, BALTENCO made a profit of €890.
- Where can I find the annual accounts of BALTENCO?
- BALTENCO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BALTENCO due?
- BALTENCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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