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VAN BALLAER

Active
Private limited companyfounded 198837 yrs activeLichtaartseweg 22, 2440 Geel, BelgiumKBO/BCE: BE 0436.102.003

VAN BALLAER has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €-84. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
70 / 100
Healthy▼ -30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-80
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 18.68 against 10.22 in 2023), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
96.3%
Return on assets
-0.1%
Age of the figures
20 mo
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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
32 d early
2022
46 d early
2021
60 d early
2020
40 d early
2019
37 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€70k▼ 0.1%
2023 · €70k
2018: €73k 2019: €84k 2020: €94k 2021: €49k 2022: €59k 2023: €70k
2018 → 2024
Total assets
€73k▼ 3.2%
2023 · €75k
2018: €102k 2019: €112k 2020: €100k 2021: €58k 2022: €66k 2023: €75k
2018 → 2024
Net result
€-84
2023 · €11k
2018: €15k 2019: €12k 2020: €11k 2021: €-45k 2022: €10k 2023: €11k
2018 → 2024
Working capital
€48k▲ 3.7%
2023 · €46k
2018: €73k 2019: €84k 2020: €90k 2021: €45k 2022: €27k 2023: €46k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€94k-€49k▼ 48.1%€59k▲ 20.7%€70k▲ 19.0%€70k▼ 0.1%
Operating result€14k-€-45k€11k€12k▲ 13.4%€909▼ 92.6%
Net result€11k-€-45k€10k€11k▲ 10.7%€-84
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0€20kOperating result 2020: €14k€14kNet result 2020: €11k€11kOperating result 2021: €-45k€-45kNet result 2021: €-45k€-45kOperating result 2022: €11k€11kNet result 2022: €10k€10kOperating result 2023: €12k€12kNet result 2023: €11k€11kOperating result 2024: €909€909Net result 2024: €-84€-8420202021202220232024
The operating result falls in 2024; 2024 is 93% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets €22k▼ 7.4%
Current assets €50k▼ 1.2%
Equity and liabilities €73k
Equity €70k▼ 0.1%
Debt €3k▼ 46.0%
The debt ratio falls from 6.6% to 3.7%: debt falls faster than equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9k
2023 · €20k
Cash flow
€8k
2023 · €19k
Solvency
96.3%
2023 · 93.4%
Current ratio
18.68
2023 · 10.22
Quick ratio
18.68
2023 · 10.22
Debt / equity
0.04
2023 · 0.07
ROE
-0.1%
2023 · 16.0%
ROA
-0.1%
2023 · 14.9%
Interest coverage
11.72
2023 · 15.98
Debt
€3k
2023 · €5k
Debt ≤ 1 year
€3k
2023 · €5k
Income taxes
€217
2023 · €181
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€75k€73k
Fixed assets21/28€24k€22k
Tangible fixed assets22/27€24k€22k
Plant, machinery and equipment23€3k€5k
Furniture and vehicles24€21k€17k
Current assets29/58€51k€50k
Amounts receivable within one year40/41€5k€3k
Trade receivables40€5k€499
Other amounts receivable41€127€2k
Cash at bank and in hand54/58€42k€45k
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€75k€73k
Equity10/15€70k€70k
Contributions10/11€19k€19k=
Reserves13€76k€76k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€74k€74k=
Profit (loss) carried forward14€-24k€-24k
Amounts payable17/49€5k€3k
Amounts payable within one year42/48€5k€3k
Trade debts44€2k€871
Suppliers440/4€2k€871
Taxes, remuneration and social security45€383€217
Taxes450/3€383€217
Other amounts payable47/48€2k€2k
Income statement Code20232024
Non-recurring operating income76A-€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k
Other operating charges640/8€624€2k
Gross operating margin9900€20k€11k
Operating profit (loss)9901€12k€909
Financial income75/76B€435€6
Recurring financial income75€435€6
Financial charges65/66B€1k€782
Recurring financial charges65€1k€782
Profit (loss) for the period before taxes9903€11k€133
Income taxes67/77€181€217
Profit (loss) for the period9904€11k€-84
Profit (loss) for the period to be appropriated9905€11k€-84
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-24k
Profit (loss) brought forward from the previous period14P€-35k€-24k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity doublescurrent ratio 10.22
Current ratio from 5.00 to 10.22; short-term debt falls from €7k to €5k.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
01-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-45k ▼525%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity quadruplescurrent ratio 16.87
Current ratio from 4.08 to 16.87; short-term debt falls from €27k to €6k.
24-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Geel · 1 establishment unit since 1994
establishment The establishment unit on the map
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.

Lichtaartseweg 222440 Geel
Ground area
5,568 m²
Building footprint
172 m²
Volume, LiDAR
550 m³
Parcel 13372C0177/00P000, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Van Ballaer bvba
Lichtaartseweg 22, 2440 GeelNACE 4520002
since 19942.041.434.284
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13372C0177/00P000 Flanders 5,568 m² 1 · 171 m² 11.5 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.

Similar companies · same sector, comparable size

Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 13,090 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-12-1988
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.