BALFROID IMMOCONSTRUCTIONS
ActiveSummary
BALFROID IMMOCONSTRUCTIONS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.05M and a net result of €295k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54=
Solvency94▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 10.56 against 10.43 in 2024; short-term debt: 8.5% and cash: 21.1% of total assets), and 31.1% of the assets are financed with debt.
Credit advice for your own amount and term
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.9%
Return on assets
6.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
37 d early
2023
23 d early
2022
11 d late
2021
24 d early
2020
30 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.05M▲ 10.7%
2024 · €2.75M
2018: €2.13M
2019: €2.37M
2020: €2.61M
2021: €1.98M
2022: €2.28M
2023: €2.48M
2024: €2.75M
2018 → 2025
Total assets
€4.42M▲ 7.8%
2024 · €4.10M
2018: €2.24M
2019: €2.43M
2020: €2.68M
2021: €2.51M
2022: €3.39M
2023: €3.45M
2024: €4.10M
2018 → 2025
Net result
€295k▲ 8.5%
2024 · €272k
2018: €247k
2019: €239k
2020: €247k
2021: €155k
2022: €298k
2023: €201k
2024: €272k
2018 → 2025
Working capital
€3.58M▲ 9.0%
2024 · €3.29M
2018: €2.13M
2019: €2.37M
2020: €2.61M
2021: €1.98M
2022: €2.28M
2023: €2.48M
2024: €3.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.98M-€2.28M▲ 15.0%€2.48M▲ 8.8%€2.75M▲ 11.0%€3.05M▲ 10.7%
Operating result€211k-€398k▲ 89.0%€295k▼ 26.0%€409k▲ 38.7%€472k▲ 15.4%
Net result€155k-€298k▲ 92.4%€201k▼ 32.5%€272k▲ 35.4%€295k▲ 8.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.42M
Fixed assets
€466k ▲ 0.1%
Current assets
€3.96M ▲ 8.8%
Equity and liabilities €4.42M
Equity
€3.05M ▲ 10.7%
Debt
€1.37M ▲ 1.9%
Debt's share of the balance-sheet total falls from 32.9% to 31.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
10.56▲
2024 · 10.43
Quick ratio
2.49▲
2024 · 1.35
Debt to equity
0.45▼
2024 · 0.49
ROE
9.7%▼
2024 · 9.9%
ROA
6.7%▲
2024 · 6.6%
Debt ≤ 1 year
€375k▲
2024 · €349k
Debt > 1 year
€1.00M=
2024 · €1.00M
Income taxes
€138k▲
2024 · €127k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.10M€4.42M▲
Fixed assets21/28€465k€466k▲
Financial fixed assets28€465k€466k▲
Current assets29/58€3.64M€3.96M▲
Stocks and contracts in progress3€3.17M€3.02M▼
Stocks30/36€3.17M€3.02M▼
Amounts receivable within one year40/41€122k-
Trade receivables40€122k-
Cash at bank and in hand54/58€347k€934k▲
Deferred charges and accrued income490/1€870€1k▲
Equity and liabilities
Total equity and liabilities10/49€4.10M€4.42M▲
Equity10/15€2.75M€3.05M▲
Contributions10/11€19k€19k=
Reserves13€2.73M€3.03M▲
Distributable reserves133€2.73M€3.03M▲
Amounts payable17/49€1.35M€1.37M▲
Amounts payable after more than one year17€1.00M€1.00M=
Other amounts payable178/9€1.00M€1.00M=
Amounts payable within one year42/48€349k€375k▲
Trade debts44€236€2k▲
Suppliers440/4€236€2k▲
Taxes, remuneration and social security45€120k€119k▼
Taxes450/3€120k€119k▼
Other amounts payable47/48€228k€254k▲
Income statement
Code20242025
Other operating charges640/8€17k€1k▼
Gross operating margin9900€426k€474k▲
Operating profit (loss)9901€409k€472k▲
Financial income75/76B-€869
Recurring financial income75-€869
Financial charges65/66B€10k€40k▲
Recurring financial charges65€10k€40k▲
Profit (loss) for the period before taxes9903€399k€433k▲
Income taxes67/77€127k€138k▲
Profit (loss) for the period9904€272k€295k▲
Profit (loss) for the period to be appropriated9905€272k€295k▲
Appropriation of the result
Profit (loss) to be appropriated9906€272k€295k▲
Transfer to equity691/2€272k€295k▲
To other reserves6921€272k€295k▲
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
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 10.43
Current ratio from 3.56 to 10.43; short-term debt falls from €968k to €349k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €298k ▲92.4%
Net result €298k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.28M ▲15%
5 profitable years in a row build equity to €2.28M.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €155k ▼37.3%
Net result drops to €155k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wellin · 1 establishment unit since 2015
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.
Chemin de Champai,Chanly 16921 WellinGround area
6,784 m²
Building footprint
345 m²
Volume, LiDAR
2,081 m³
Parcel 84013A1030/00C000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Balfroid Immoconstructions
since 20152.248.222.844
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84013A1030/00C000 | Wallonia | 6,784 m² | 1 · 345 m² | 9.2 m · 2 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.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 2,228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:damien@balfroid-magnee.be
Phone:0475/46.20.35