BALEARICA
ActiveBALEARICA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €32k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency81▲+29
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.28 in 2023; short-term debt: 44.3% and cash: 74.7% of total assets), and 44.3% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
133 d late
2022
131 d late
2021
31 d late
2020
153 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▲ 176%
2023 · €18k
2018: €7k
2019: €7k
2020: €9k
2021: €10k
2022: €-20k
2023: €18k
2018 → 2024
Total assets
€91k▲ 35.1%
2023 · €68k
2018: €50k
2019: €40k
2020: €39k
2021: €77k
2022: €72k
2023: €68k
2018 → 2024
Net result
€32k▼ 16.1%
2023 · €39k
2018: €1k
2019: €107
2020: €2k
2021: €10k
2022: €-30k
2023: €39k
2018 → 2024
Working capital
€48k▲ 246%
2023 · €14k
2018: €-9k
2019: €-2k
2020: €4k
2021: €8k
2022: €-21k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€10k▲ 2.0%€-20k€18k€51k▲ 176%
Operating result€5k-€62k▲ 1,151%€32k▼ 48.8%€44k▲ 38.8%€42k▼ 3.9%
Net result€2k-€10k▲ 408%€-30k€39k€32k▼ 16.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91k
Fixed assets
€3k▼ 37.7%
Current assets
€88k▲ 40.4%
Equity and liabilities €91k
Equity
€51k▲ 176%
Debt
€40k▼ 17.7%
The debt ratio falls from 72.7% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2023 · €45k
Cash flow
€34k▼
2023 · €40k
Solvency
55.7%▲
2023 · 27.3%
Current ratio
2.19▲
2023 · 1.28
Quick ratio
2.19▲
2023 · 1.28
Debt / equity
0.79▼
2023 · 2.66
ROE
63.7%▼
2023 · 209.6%
ROA
35.5%▼
2023 · 57.2%
Interest coverage
77.40▼
2023 · 81.67
Debt
€40k▼
2023 · €49k
Debt ≤ 1 year
€40k▼
2023 · €49k
Income taxes
€9k▲
2023 · €5k
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€68k€91k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Leasing and similar rights25€5k€3k▼
Current assets29/58€63k€88k▲
Amounts receivable within one year40/41€24k€20k▼
Trade receivables40€13k€12k▼
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€37k€68k▲
Deferred charges and accrued income490/1€2k€181▼
Equity and liabilities
Total equity and liabilities10/49€68k€91k▲
Equity10/15€18k€51k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€12k€45k▲
Amounts payable17/49€49k€40k▼
Amounts payable within one year42/48€49k€40k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€3k€17k▲
Suppliers440/4€3k€17k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€1k€476▼
Other amounts payable47/48€39k€19k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€48k€45k▼
Operating profit (loss)9901€44k€42k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€552€570▲
Recurring financial charges65€552€570▲
Profit (loss) for the period before taxes9903€44k€42k▼
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€39k€32k▼
Profit (loss) for the period to be appropriated9905€39k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€45k▲
Profit (loss) brought forward from the previous period14P€-26k€12k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 133 days late
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 131 days late
2022
31-12
Financial
Weakest financial yearnet €-30k ▼388%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
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, Namur · 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.
Avenue du Parc(BU) 205004 NamurGround area
1,387 m²
Building footprint
487 m²
Volume, LiDAR
6,140 m³
2 parcels, Wallonia · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BALEARICA
since 20182.279.175.049
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028A0391/00V017 | Wallonia | 1,066 m² | 1 · 410 m² | 16.4 m · 4 fl. |
| 92021F0225/00_000 | Wallonia | 322 m² | 1 · 77 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900YTRBBWLKUVK505
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Of 16,886 companies in sector 62100 we hold annual accounts for 8,777. 6,812 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-06-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.