BALGRANDPLACE

Active

Private limited company (pre-2019)founded 20188 yrs activeHoedenmakersstraat 3, 1000 Brussel, BelgiumKBO/BCE: BE 0691.757.775

The computed 12-month bankruptcy probability of BALGRANDPLACE is 4.4% (elevated). The 2024 annual accounts show negative equity (€-26k) and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 18944 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

39 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability84▼-16

Solvency16▲+16

Growth78=

Track record100

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.73 against 0.42 in 2023; short-term debt: 108.6% and cash: 12.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

-8.6%

Return on assets

12.4%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18944 sector peers (2024).

NBB · sector comparison

Position among 18944 sector peers

Solvency

better than 24%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

91 d late

2023

167 d late

2022

71 d late

2021

61 d late

2020

102 d late

2019

104 d late

← before the deadline after the deadline →

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, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€37k▼ 68.8%

2023 · €119k

2018: €-82k 2019: €-60k 2020: €-67k 2021: €25k 2022: €-18k 2023: €119k

2018 → 2024

Working capital

€-90k▲ 33.8%

2023 · €-135k

2018: €-345k 2019: €-367k 2020: €-397k 2021: €-328k 2022: €-305k 2023: €-135k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-190k-€-165k▲ 13.3%€-183k▼ 10.8%€-63k▲ 65.4%€-26k▲ 59.0%

Operating result€-66k-€26k€-9k€8k€30k▲ 276%

Net result€-67k-€25k€-18k€119k€37k▼ 68.8%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 276% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €300k

21.2%

78.8%

Fixed assets €64k▼ 12.2%

Current assets €237k▲ 143%

Key figures and ratios

2024 value · change against 2023

EBITDA

€47k▲

2023 · €22k

Cash flow

€54k▼

2023 · €133k

Solvency

-8.6%▲

2023 · -37.1%

Current ratio

0.73▲

2023 · 0.42

Quick ratio

0.72▲

2023 · 0.41

Debt / equity

-12.62▼

2023 · -3.70

ROA

12.4%▼

2023 · 70.2%

Interest coverage

241.12▲

2023 · 8.54

Debt

€326k▲

2023 · €233k

Debt ≤ 1 year

€326k▲

2023 · €233k

Staff costs

€49k▲

2023 · €45k

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€170k€300k▲

Fixed assets21/28€73k€64k▼

Tangible fixed assets22/27€73k€64k▼

Furniture and vehicles24€1k€9k▲

Other tangible fixed assets26€71k€55k▼

Current assets29/58€98k€237k▲

Stocks and contracts in progress3€2k€1k▼

Stocks30/36€2k€1k▼

Amounts receivable within one year40/41€44k€197k▲

Other amounts receivable41€44k€197k▲

Cash at bank and in hand54/58€51k€38k▼

Equity and liabilities

Total equity and liabilities10/49€170k€300k▲

Equity10/15€-63k€-26k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-82k€-44k▲

Amounts payable17/49€233k€326k▲

Amounts payable within one year42/48€233k€326k▲

Trade debts44€222k€306k▲

Suppliers440/4€222k€306k▲

Advances received on contracts in progress46€932€932=

Taxes, remuneration and social security45€10k€19k▲

Taxes450/3€2k€8k▲

Remuneration and social security454/9€7k€12k▲

Other amounts payable47/48€492-

Accrued charges and deferred income492/3€345-

Income statement Code20232024

Remuneration, social security and pensions62€45k€49k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲

Other operating charges640/8€166€10k▲

Gross operating margin9900€66k€106k▲

Operating profit (loss)9901€8k€30k▲

Financial income75/76B€114k€7k▼

Recurring financial income75€1k€7k▲

Non-recurring financial income76B€113k-

Financial charges65/66B€3k€196▼

Recurring financial charges65€3k€196▼

Profit (loss) for the period before taxes9903€119k€37k▼

Income taxes67/77€0-

Profit (loss) for the period9904€119k€37k▼

Profit (loss) for the period to be appropriated9905€119k€37k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-82k€-44k▲

Profit (loss) brought forward from the previous period14P€-201k€-82k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 2Filings 7

2025

30-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 91 days late

14-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 167 days late

2023

31-12

Financial Back to profitnet €119k

Net result €119k after one loss-making year.

10-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 71 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 61 days late

2021

31-12

Financial Back to profitnet €25k

Net result €25k after 3 loss-making years.

10-11

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 102 days late

2020

12-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 104 days late

2019

14-10

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 75 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, Brussel

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.

Hoedenmakersstraat 31000 Brussel

Ground area

98 m²

Building footprint

77 m²

Volume, LiDAR

1,254 m³

Parcel 21004A0497/00A000, Brussels · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21004A0497/00A000 ProtectedSite or landscape · MonumentDe Berg Thabor - uitbreiding van de bescherming met bepaalde delenSource ↗	Brussels	98 m²	1 · 77 m²	19.0 m · 5 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.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Structure & network

Connections & network

3 connected companies

Shared address / shareholder

Network connections

BALCATHERINE

Shared address

→

BALLEKES BRUSSELS

Shared address

→

Bolleke Deluxe

Shared address

→

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,896 companies in sector 56112 we hold annual accounts for 9,785.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded06-03-2018

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.