Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BALASA from Tielt, company number BE0740539471, closed financial year 2025 with a result of € 120,008 after tax. For that financial year BALASA recorded a gross margin of € 272,731 and equity of € 97,853. Compared with financial year 2024, the result moved from € 124,377 to € 120,008. The company is profitable. The buffer shrank hard: equity is 77 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 97,853
▼ 77% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,008
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 40,904
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 66,500
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,024
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 455,000
▼ 9% vs 2024
€ 43,333 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 14,826
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,491
▲ € 65,483 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 125,163 | € 173,050 | € 280,068 | € 272,731 | ▼ 3% |
| Profit after taxes | € 86,512 | € 94,425 | € 124,377 | € 120,008 | ▼ 4% |
| Equity | € 209,043 | € 303,468 | € 427,845 | € 97,853 | ▼ 77% |
| Total debts | € 708,314 | € 595,568 | € 561,377 | € 981,494 | ▲ 75% |
| Cash | € 23,032 | € 20,699 | € 95,255 | € 40,904 | ▼ 57% |
| Land & buildings | € 745,761 | € 725,137 | € 706,149 | € 676,956 | ▼ 4% |
| Retained profit | € 204,043 | € 298,468 | € 422,845 | € 92,853 | ▼ 78% |
| Dividend | € 1,600 | € 0 | € 0 | € 450,000 | |
| Bank debt | € 585,000 | € 541,667 | € 498,333 | € 455,000 | ▼ 9% |
| Balance sheet total | € 917,357 | € 899,036 | € 989,222 | € 1,079,347 | ▲ 9% |
By gross margin, BALASA ranks 5th of 254 companies with main activity “Activiteiten op het gebied van kinesitherapie” in West Flanders that publish figures (fiscal year 2025).
Key figures of BALASA, 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.
Ask about BALASA the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to BALASA?
What happened at BALASA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 120,008 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- New establishment in Tielt. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 86,512 profit in 2022 to € 120,008 profit in 2025.
Paid € 85,985 in corporate taxes since 2022.
Best year ever: 2024, with € 124,377 profit.
Paid out € 451,600 in dividends to the owners in total.
Management
Behind BALASA are Alexander Lava and Sofie Barbier. The same people are also behind Allfie.
Establishments
Establishment units
Physical locations of this company
Bruggestraat 2
8700 Tielt
Deinsesteenweg 1B
8700 Tielt
Active since 16 August 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Same main activity (Activiteiten op het gebied van kinesitherapie), 672 active companies in West Flanders, largest first.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LAVA Alexander Pieter Laurens(oprichter) 50%
- BARBIER Sofie Herminia Romana(oprichter) 50%
Details
- Company number
- 0740.539.471
- VAT number
- BE 0740.539.471
- Registered office
- Bruggestraat 2, 8700 Tielt
- Names & denominations
- BALASA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2019
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten op het gebied van kinesitherapie
Ambulante revalidatieactiviteiten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige sportactiviteiten, neg