Financials
- Fiscal year
- 2024
- Total assets
- €241,920
- Loss
- -€8,755
- Solvency
- 99.8%
Turnover▲ 26.7%
Net result
20212023
BALZAK
ActiveSummary
BALZAK has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €241,376 and a net result of -€8,755. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 20773 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
Size
€241,920total assets 2024
- Equity
- €241,376
- Loss
- -€8,755
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 83- Figures for FY 2024 (filed 28-08-2025)- Liquidity: current ratio 240.67, cash €10,072, halved+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €241,920Show the evidence
Checked score
Score 2024
83
/ 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 99.8% of total assets
Liquidity
55-7
short-term debt 0.2% · cash 4.2%
Profitability
28-29
return on assets -3.6%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● 0.0% vs 11-2024lowest value
01-2025: < 0.1%● 0.0% vs 12-2024lowest value
02-2025: < 0.1%▲ +2.2% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%▲ +2.2% vs 03-2025
05-2025: < 0.1%▲ +2.1% vs 04-2025
06-2025: < 0.1%▼ -4.2% vs 05-2025
07-2025: 0.1%▲ +37.0% vs 06-2025
08-2025: 0.1%▲ +50.8% vs 07-2025
09-2025: 0.1%▼ -20.0% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%▼ -1.3% vs 12-2025
02-2026: 0.1%● 0.0% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%▲ +5.3% vs 03-2026
05-2026: 0.1%▼ -5.1% vs 04-2026
06-2026: 0.1%● 0.0% vs 05-2026
07-2026: 0.1%▲ +5.3% vs 06-2026
08-2026: 0.2%▲ +123% vs 07-2026
09-2026: 0.2%▲ +31.3% vs 08-2026
10-2026: 0.4%▲ +77.9% vs 09-2026highest value
- Figures for FY 2024 (filed 28-08-2025) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Liquidity: current ratio 240.67, cash €10,072, halved raises the probability
- Size: total assets €241,920 lowers the probability for this profile
Credit up to €20,000 at 30 days acceptable
short-term debt: 0.2% and cash: 4.2% of total assets, and 0.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 85%, liquidity 37%, profitability 16%, growth against the median 36%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
29 d late
2022
28 d late
2021
24 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€8,755
- Liquidity times 28current ratio 240.67
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 28-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 31-12-2024Liquidity times 28
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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