BALUHOLD
ActiveBALUHOLD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €11.45M and a net result of €899k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 2793 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
41 d early
2022
4 d early
2021
5 d early
2020
22 d early
2019
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€11.45M▲ 8.5%
2023 · €10.55M
2019: €4.45M
2020: €5.04M
2021: €6.88M
2022: €9.44M
2023: €10.55M
2019 → 2024
Net result
€899k▼ 19.2%
2023 · €1.11M
2019: €450k
2020: €588k
2021: €1.85M
2022: €2.55M
2023: €1.11M
2019 → 2024
Total assets
€17.56M▼ 2.1%
2023 · €17.94M
2019: €17.50M
2020: €17.42M
2021: €17.60M
2022: €17.93M
2023: €17.94M
2019 → 2024
Solvency
65.2%▲ 6.4pp
2023 · 58.8%
2019: 25.4%
2020: 28.9%
2021: 39.1%
2022: 52.6%
2023: 58.8%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€794k
Equity€5.04M-€6.88M▲ 36.6%€9.44M▲ 37.1%€10.55M▲ 11.8%€11.45M▲ 8.5%
Operating result€407k-€412k▲ 1.0%€427k▲ 3.7%€551k▲ 29.2%€545k▼ 1.0%
Net result€588k-€1.85M▲ 214%€2.55M▲ 38.4%€1.11M▼ 56.4%€899k▼ 19.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.56M
Fixed assets
€16.96M=
Current assets
€603k▼ 38.7%
Equity and liabilities €17.56M
Equity
€11.45M▲ 8.5%
Debt
€6.11M▼ 17.3%
The debt ratio falls from 41.2% to 34.8%: equity grows while debt is paid down.
Key figures and ratios
Solvency
65.2%▲
2023 · 58.8%
ROE
7.9%▼
2023 · 10.5%
ROA
5.1%▼
2023 · 6.2%
Debt
€6.11M▼
2023 · €7.40M
Debt ≤ 1 year
€995k▼
2023 · €1.03M
Debt > 1 year
€5.10M▼
2023 · €6.09M
Income taxes
€25k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€17.94M€17.56M▼
Fixed assets21/28€16.96M€16.96M=
Financial fixed assets28€16.96M€16.96M=
Affiliated companies280/1-€16.96M
Participating interests280-€16.96M
Current assets29/58€984k€603k▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€900k€0▼
Trade receivables40€0-
Other amounts receivable41€900k€0▼
Current investments50/53-€500k
Other investments51/53-€500k
Cash at bank and in hand54/58€82k€101k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€17.94M€17.56M▼
Equity10/15€10.55M€11.45M▲
Contributions10/11€4.00M€4.00M=
Capital10€4.00M€4.00M=
Issued capital100€4.00M€4.00M=
Reserves13€6.55M€7.45M▲
Non-distributable reserves130/1€329k€374k▲
Legal reserve130€329k€374k▲
Distributable reserves133€6.22M€7.07M▲
Amounts payable17/49€7.40M€6.11M▼
Amounts payable after more than one year17€6.09M€5.10M▼
Financial debts170/4€6.09M€5.10M▼
Credit institutions173-€1.02M
Other loans174-€4.08M
Amounts payable within one year42/48€1.03M€995k▼
Current portion of amounts payable after more than one year42€989k€989k=
Trade debts44€30k€0▼
Suppliers440/4€30k€0▼
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Accrued charges and deferred income492/3€278k€17k▼
Income statement
Code20232024
Operating income70/76A-€797k
Turnover70-€794k
Other operating income74-€3k
Operating charges60/66A-€252k
Services and other goods61-€251k
Other operating charges640/8€1k€968▼
Gross operating margin9900€552k-
Operating profit (loss)9901€551k€545k▼
Financial income75/76B€900k€700k▼
Recurring financial income75€900k€700k▼
Income from financial fixed assets750-€700k
Financial charges65/66B€339k€322k▼
Recurring financial charges65€339k€322k▼
Debt charges650-€321k
Other financial charges652/9-€724
Profit (loss) for the period before taxes9903€1.11M€924k▼
Income taxes67/77-€25k
Taxes670/3-€25k
Profit (loss) for the period9904€1.11M€899k▼
Profit (loss) for the period to be appropriated9905€1.11M€899k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.11M€899k▼
Transfer to equity691/2€1.11M€899k▼
To the legal reserve6920€56k€45k▼
To other reserves6921€1.06M€854k▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €10MEq €10.55M ▲11.8%
5 profitable years in a row build equity to €10.55M.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €2.55M ▲38.4%
Net result €2.55M, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €5MEq €5.04M ▲13.2%
2 profitable years in a row build equity to €5.04M.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Waregem · 1 establishment unit since 2018
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.
Vredestraat 498790 WaregemGround area
1.1 ha
Building footprint
383 m²
Volume, LiDAR
1,417 m³
Parcel 34452B1150/00A000, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BALUHOLD
since 20182.285.439.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B1150/00A000 | Flanders | 1.1 ha | 1 · 383 m² | 11.8 m · 1 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.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 5,639 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.
Contact details
1 entryPhone:000000000