https://streamable.com/o9jzqb
I don't exactly know how to word this, so I included a video.
Basically, it looks like it happens when you make a belt that turns away from the balancer if it's placed right next to it.
EDIT: After trying again some more, it looks like I can't use those two belt balancers specifically. I can't place a belt to output from them or even remove the one on the left or else the game crashes.
https://puu.sh/GUo6D/d5dec2e273.jpg
I managed to remove both balancers without the game crashing by placing a waterfill under them to destroy them and then just filling the spot with landfill.
I tried to replicate the crashes but they work fine now.
Here is the clip of what I was doing that led up to the belt balancers crashing:
https://streamable.com/n66zoj