Equity
€15,245 from €168,406 in 2024
Equity fell by 91% in 1 year.
BINALU
Lifetime
4 annual accounts with figures on one time axispeak €124,260 (2024)
€54,164▼ 56.4%
peak €105,303 (2024)
€22,839▼ 78.3%
peak €168,406 (2024)
€15,245▼ 90.9%
€208,937▲ 13×
Board1 name since 2022
1 directorMOSSATI Nordine
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €124,260 to €54,164Result from €105,303 to €22,839Dividend €176,000Equity from €168,406 to €15,245Debts from €15,593 to €208,937
Key points
from the 2025 annual accountsDebts
€208,937 93% of the balance sheet
Suppliers 0%Taxes and wages 28%Other 72%
Liquidity
1.07 was 11.80 in 2024
Short-term debts rose from €15,593 to €208,937.
Filings
4 annual accounts 4 late
The 2022 accounts came latest: 157 days after the end of the period.
At the same address
273 companies
Position in the sector
6.8%
Lower solvency than 87% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
86
Excellent
Financially stronger than 19% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.2 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.4%▲ +0.1 percentage points vs 11-2025
01-2026: 0.8%▲ +0.4 percentage points vs 12-2025highest value
02-2026: 0.1%▼ -0.7 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.07, cash €209,656
Size: total assets €224,182
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 71, micro). It does better than 13% of them on solvency, 31% on liquidity, 26% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Comparable companies, two years later
In July 2024, 2,157 companies had the same profile as BINALU has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BINALU itself is lower: 0.2% within 12 months. It rests on far more data about BINALU than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for BINALU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (11.8 in 2024), below the usual 1.5. Short-term debt is 93.2% and cash 93.5% of total assets. 93.2% of the assets are financed with debt and provisions.
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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 13% of 11794 sector peers (2025).
NBB · sector comparisonPosition among 11794 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 days late
2024
151 days late
2023
29 days late
2022
157 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 92 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 October (3 of the last 4 accounts filed within 61 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0791835645
Registered office moved from Koekelberg to Brussels
New registered office: 209 a avenue Louise, 1050 Bruxelles · Previous registered office: chaussée de Jette 264, 1081 Koekelberg · General meeting of --12-28 · Gazette deed
First establishment
Louizalaan 209, Ixelles
Incorporation
Founding capital of €2,000, 100 shares · Founder: MOSSATI Nordine · Appointment: MOSSATI Nordine (director) · published on 06-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BINALU Ixelles | €224,182 | €54,164 | 6.8% | - |
| RUNUWEL Grobbendonk | €223,807 | €50,142 | 59.3% | - |
| Opus Indigo Wellen | €236,936 | €52,191 | 39.7% | - |
| Melior Construct Maarkedal | €199,521 | €50,157 | 37.8% | - |
| Hematite Kontich | €230,684 | €51,600 | 13.9% | - |
| MengineerX Ronse | €264,817 | €55,212 | 35.1% | - |
| MACLIRES Wevelgem | €214,677 | €62,173 | 87.8% | - |
These companies have the same main activity as BINALU: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €200,000 and €265,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 04-10-2022Normal situation
- Registered office
- 274 active companies are registered at this address23 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.338.617.8371050 Ixelles, since 01-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Insights on BINALU
BINALU files the micro format. That format states no turnover. The gross margin rose from €5,797 in 2022 to €54,164 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 BINALU
- What is the company number of BINALU?
- The company number of BINALU is 0791.835.645. The VAT number is the same number with BE in front: BE 0791.835.645.
- Where is BINALU based?
- The registered office is at Louizalaan 209a, 1050 Ixelles.Company details
- What does BINALU do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of BINALU?
- BINALU is a private limited company (BV).
- When was BINALU founded?
- BINALU was founded on 04-10-2022.
- Is BINALU still active?
- Yes, BINALU is an active enterprise in the KBO register.
- What is the turnover of BINALU?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €54,164 and 45 comparable companies (NACE 711). It probably lies between €89,000 and €160,000.Financials
- Is BINALU profitable?
- In financial year 2025, BINALU made a profit of €22,839.
- Where can I find the annual accounts of BINALU?
- BINALU filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BINALU due?
- BINALU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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