BIALMA
ActiveSummary
The annual accounts of BIALMA for fiscal year 2024 show a net loss of 136% of total assets and of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €1,786 and a net result of -€40,344. Equity is growing by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 15369 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-75
Solvency31▼-50
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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 short (current ratio 0.17 against 2.87 in 2023; short-term debt: 48.9% and cash: 0.4% of total assets), and 94% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
6%
Return on assets
-136.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 15369 sector peers (2024).
NBB · sector comparisonPosition among 15369 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
104 d late
2022
32 d late
2021
31 d late
2020
24 d late
2019
61 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 52 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1,786▼ 95.8%
2023 · €42,130
Total assets
€29,626▼ 60.4%
2023 · €74,877
Net result
-€40,344
2023 · €3,513
Working capital
-€11,971
2023 · €24,632
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10,464▲ 64.8%€6,072▼ 42.0%€30,929▲ 409%€8,531▼ 72.4%-€37,919
Net result€7,923▲ 439%€2,855▼ 64.0%€21,681▲ 660%€3,513▼ 83.8%-€40,344
Equity€14,081▲ 129%€16,936▲ 20.3%€38,617▲ 128%€42,130▲ 9.1%€1,786▼ 95.8%
Total assets€31,792▼ 13.2%€29,928▼ 5.9%€83,143▲ 178%€74,877▼ 9.9%€29,626▼ 60.4%
Debt€17,711▼ 41.8%€12,993▼ 26.6%€44,526▲ 243%€32,748▼ 26.5%€27,840▼ 15.0%
Working capital€9,227▲ 243%€15,295▲ 65.8%€16,035▲ 4.8%€24,632▲ 53.6%-€11,971
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €37,919 after €8,531 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29,626
Fixed assets
€27,110 ▼ 26.9%
Current assets
€2,516 ▼ 93.3%
Equity and liabilities €29,626
Equity
€1,786 ▼ 95.8%
Debt
€27,840 ▼ 15.0%
Debt's share of the balance-sheet total rises from 43.7% to 94.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€27,930▼
2023 · €18,594
Cash flow
-€30,356▼
2023 · €13,576
Current ratio
0.17▼
2023 · 2.87
Debt to equity
15.59▲
2023 · 0.78
ROA
-136.2%▼
2023 · 4.7%
Interest coverage
-25.58▼
2023 · 12.78
Debt ≤ 1 year
€14,487▲
2023 · €13,147
Debt > 1 year
€13,353▼
2023 · €18,827
Income taxes
€1,350▼
2023 · €3,659
Staff costs
€2,483▼
2023 · €2,780
A ratio outside any meaningful range has been withheld (balance sheet total €29,626, equity €1,786).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 646 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
6.7%
went bankrupt
5.6%
stopped otherwise
86%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 646 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3,395 | €3,506 | €2,780 | €2,483 | ▼ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,066 | €5,833 | €2,109 | €10,063 | €9,988 | ▼ 0.7% |
| Other operating charges640/8 | - | €1,924 | €1,989 | €2,345 | €6,197 | ▲ 164% |
| Gross operating margin9900 | €22,357 | €17,226 | €38,534 | €23,719 | -€19,250 | ▼ 181% |
| Operating profit (loss)9901 | €10,464 | €6,072 | €30,929 | €8,531 | -€37,919 | ▼ 544% |
| Financial income75/76B | - | €34 | €16 | €95 | €17 | ▼ 82.5% |
| Recurring financial income75 | €22 | €34 | €16 | €95 | €17 | ▼ 82.5% |
| Financial charges65/66B | - | €509 | €625 | €1,454 | €1,092 | ▼ 24.9% |
| Recurring financial charges65 | €471 | €509 | €625 | €1,454 | €1,092 | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €10,015 | €5,598 | €30,320 | €7,172 | -€38,994 | ▼ 644% |
| Income taxes67/77 | €2,092 | €2,743 | €8,639 | €3,659 | €1,350 | ▼ 63.1% |
| Profit (loss) for the period9904 | €7,923 | €2,855 | €21,681 | €3,513 | -€40,344 | ▼ 1,249% |
| Profit (loss) for the period to be appropriated9905 | €7,923 | €2,855 | €21,681 | €3,513 | -€40,344 | ▼ 1,249% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,792 | €29,928 | €83,143 | €74,877 | €29,626 | ▼ 60.4% |
| Fixed assets21/28 | €9,114 | €1,862 | €47,161 | €37,098 | €27,110 | ▼ 26.9% |
| Intangible fixed assets21 | €294 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €6,600 | €1,862 | €47,161 | €37,098 | €27,110 | ▼ 26.9% |
| Plant, machinery and equipment23 | - | €727 | €460 | €193 | - | - |
| Furniture and vehicles24 | - | €1,135 | €11,950 | €9,336 | €6,722 | ▼ 28.0% |
| Leasing and similar rights25 | - | - | €34,751 | €27,569 | €20,387 | ▼ 26.0% |
| Financial fixed assets28 | €2,220 | - | - | - | - | - |
| Current assets29/58 | €22,678 | €28,066 | €35,982 | €37,779 | €2,516 | ▼ 93.3% |
| Amounts receivable within one year40/41 | €4,116 | €7,155 | €5,178 | €24,685 | €1,955 | ▼ 92.1% |
| Trade receivables40 | - | €6,470 | €5,178 | €22,132 | €1,129 | ▼ 94.9% |
| Other amounts receivable41 | - | €685 | - | €2,553 | €826 | ▼ 67.7% |
| Cash at bank and in hand54/58 | €17,504 | €20,911 | €30,474 | €13,094 | €106 | ▼ 99.2% |
| Deferred charges and accrued income490/1 | - | - | €330 | - | €456 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,792 | €29,928 | €83,143 | €74,877 | €29,626 | ▼ 60.4% |
| Equity10/15 | €14,081 | €16,936 | €38,617 | €42,130 | €1,786 | ▼ 95.8% |
| Contributions10/11 | - | €6,340 | €6,340 | €6,340 | €6,340 | = |
| Reserves13 | €6,300 | €10,100 | €10,860 | €10,860 | €10,860 | = |
| Non-distributable reserves130/1 | - | €1,100 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,100 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Profit (loss) carried forward14 | €1,441 | €496 | €21,417 | €24,930 | -€15,414 | ▼ 162% |
| Amounts payable17/49 | €17,711 | €12,993 | €44,526 | €32,748 | €27,840 | ▼ 15.0% |
| Amounts payable after more than one year17 | €4,260 | - | €24,579 | €18,827 | €13,353 | ▼ 29.1% |
| Financial debts170/4 | - | - | €24,579 | €18,827 | €13,353 | ▼ 29.1% |
| Amounts payable within one year42/48 | €13,451 | €12,771 | €19,947 | €13,147 | €14,487 | ▲ 10.2% |
| Current portion of amounts payable after more than one year42 | - | €4,260 | €5,530 | €5,751 | €5,474 | ▼ 4.8% |
| Trade debts44 | €1,949 | €2,492 | €4,003 | €736 | €3,311 | ▲ 350% |
| Suppliers440/4 | - | €2,492 | €4,003 | €736 | €3,311 | ▲ 350% |
| Advances received on contracts in progress46 | - | €190 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €5,829 | €10,413 | €6,659 | €4,380 | ▼ 34.2% |
| Taxes450/3 | - | €5,821 | €10,213 | €6,659 | €4,380 | ▼ 34.2% |
| Remuneration and social security454/9 | - | €8 | €200 | - | - | - |
| Other amounts payable47/48 | - | - | €1 | - | €1,323 | - |
| Accrued charges and deferred income492/3 | - | €222 | - | €774 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,923 | €2,855 | €21,681 | €3,513 | -€40,344 | ▼ 1,249% |
| + Depreciation and write-downs630 | €6,066 | €5,833 | €2,109 | €10,063 | €9,988 | ▼ 0.7% |
| Operating cash flow (approximation) | €13,988 | €8,688 | €23,791 | €13,576 | -€30,356 | ▼ 324% |
| Investment in fixed assets (approximation) | - | €1,418 | -€47,408 | €0 | €0 | - |
| Change in cash | - | €3,407 | €9,564 | -€17,380 | -€12,988 | ▲ 25.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€40,344
Net result drops to -€40,344, the lowest in the series.
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €21,681 ▲660%
Operating result €30,929, net result €21,681, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €1,469
Net result €1,469 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Scherpenheuvel-Zichem · 1 establishment unit since 2021
Ground area
569 m²
Building footprint
208 m²
Volume, LiDAR
2,019 m³
2 parcels, Brussels, Flanders · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Brand Whitlocklaan 24, 1200 Sint-Lambrechts-Woluwe
since 20212.311.206.924
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098A0330/00D010 | Flanders | 288 m² | 1 · 117 m² | 10.4 m · 2 fl. |
| 21673D0140/00R003 | Brussels | 281 m² | 1 · 91 m² | 19.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,771 companies in sector 69109 we hold annual accounts for 1,208. 212 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
Founded13-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
63920Other information service activities
70200Business and other management consultancy
74991Agents and managers of artists, athletes and other public figures
82990Other business support services
Contact
E-mail
info@bialma.be
Phone
+32496923616
E-mail
contact@bialma.beSint-Lambrechts-Woluwe
Phone
028998072Sint-Lambrechts-Woluwe
E-invoicing
Reachable via Peppol
Peppol ID
0208:0667683563
Registered
24-08-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.