Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.3 to 6.
Financials
Financial year 2025
BALLADIN from Awans, company number BE0427964691, closed financial year 2025 with a result of € -39,695 after tax. For that financial year BALLADIN recorded a gross margin of € 159,741 and equity of € 112,246. Compared with financial year 2024, the result moved from € -118,369 to € -39,695. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 112,246
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,695
▲ 66 % less loss than in 2024
Profit after tax over the fiscal year.
€ 55,452
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,346.
People and assets in 2025
6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 110,163
▼ 37% vs 2024
€ 18,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,242
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 388,377
▼ 8% vs 2024
€ 185,726 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 44,871
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,647
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 361,493 | € 258,828 | € 147,285 | € 159,741 | ▲ 8% |
| Profit after taxes | € 17,631 | € -84,481 | € -118,369 | € -39,695 | ▲ € 78,674 |
| Equity | € 354,790 | € 270,309 | € 151,941 | € 112,246 | ▼ 26% |
| Total debts | € 435,244 | € 465,723 | € 490,689 | € 470,032 | ▼ 4% |
| Cash | € 143,367 | € 125,754 | € 69,317 | € 55,452 | ▼ 20% |
| Land & buildings | € 452,654 | € 418,064 | € 389,082 | € 361,129 | ▼ 7% |
| Retained profit | € 236,198 | € 151,717 | € 33,349 | € -6,346 | ▼ € 39,695 |
| Bank debt | € 342,954 | € 376,857 | € 422,578 | € 388,377 | ▼ 8% |
| Balance sheet total | € 790,034 | € 736,033 | € 642,630 | € 582,277 | ▼ 9% |
| Employees (FTE) | 6.9 | 7.3 | 6.8 | 6 | ▼ 0.8 |
Key figures of BALLADIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BALLADIN?
What happened at BALLADIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,695. Source: NBB ↗
- New establishment in Awans. KBO
- New establishment in Herstal. KBO
- Olivier Vandorselaer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,631 profit in 2022 to € 39,695 loss in 2025.
Paid € 967 in corporate taxes since 2022.
Best year ever: 2022, with € 17,631 profit.
On average € 26,600 of value added per employee in 2025.
A new publication or filing at BALLADIN? We notify you, reason included.
Follow BALLADINDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BALLADIN is Olivier Vandorselaer.
Directors
According to the 2025 annual accounts
Olivier Vandorselaer
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Rue de Bruxelles 7
4340 Awans
Rue Basse Campagne 1
4040 Herstal
Active since 1 June 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.964.691
- VAT number
- BE 0427.964.691
- Registered office
- Rue de Bruxelles 7, 4340 Awans
- Names & denominations
- BALLADIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1985
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- pointb.be
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in lederwaren en reisartikelen