B.A.P. WINDOW
ActiveB.A.P. WINDOW has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €19k. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+62
Solvency31▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.91 in 2024; short-term debt: 93.9% and cash: 0.9% of total assets), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
6.1%
Return on assets
5.8%
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 18-07-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
329 d late
2023
294 d late
2022
30 d late
2021
17 d late
2020
9 d late
2019
73 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€341k
EBIT margin
7.2%
Net result
€19k
2024 · €-30k
2018: €-4k
2019: €14k
2020: €6k
2021: €12k
2022: €-4k
2023: €-58k
2024: €-30k
2018 → 2025
Working capital
€11k
2024 · €-34k
2018: €56k
2019: €71k
2020: €78k
2021: €90k
2022: €87k
2023: €-13k
2024: €-34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€341k
Equity€90k-€86k▼ 4.5%€27k▼ 68.2%€1k▼ 95.7%€20k▲ 1,652%
Operating result€17k-€-4k€-53k▼ 1,120%€-31k▲ 42.0%€25k
Net result€12k-€-4k€-58k▼ 1,342%€-30k▲ 48.5%€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €25k after a loss of €31k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €333k
Fixed assets
€9k▼ 78.0%
Current assets
€323k▼ 8.7%
Equity and liabilities €333k
Equity
€20k▲ 1,652%
Debt
€312k▼ 21.2%
The debt ratio falls from 99.7% to 93.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €-11k
Cash flow
€29k▲
2024 · €-11k
Solvency
6.1%▲
2024 · 0.3%
Current ratio
1.04▲
2024 · 0.91
Quick ratio
0.92▲
2024 · 0.72
Debt / equity
15.29
ROE
94.3%
ROA
5.8%▲
2024 · -7.6%
Interest coverage
19.84▲
2024 · -6.96
Debt
€312k▼
2024 · €397k
Debt ≤ 1 year
€312k▼
2024 · €388k
Staff costs
€7k▼
2024 · €28k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€398k€333k▼
Formation expenses20€780-
Fixed assets21/28€43k€9k▼
Tangible fixed assets22/27€43k€9k▼
Furniture and vehicles24€33k€7k▼
Leasing and similar rights25€7k-
Other tangible fixed assets26€3k€2k▼
Current assets29/58€354k€323k▼
Stocks and contracts in progress3€75k€38k▼
Stocks30/36€75k€38k▼
Amounts receivable within one year40/41€279k€283k▲
Trade receivables40€279k€248k▼
Other amounts receivable41-€35k
Cash at bank and in hand54/58€180€3k▲
Equity and liabilities
Total equity and liabilities10/49€398k€333k▼
Equity10/15€1k€20k▲
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-32k€-13k▲
Amounts payable17/49€397k€312k▼
Amounts payable within one year42/48€388k€312k▼
Trade debts44€360k€281k▼
Suppliers440/4€360k€281k▼
Advances received on contracts in progress46€10k€13k▲
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€6k€10k▲
Remuneration and social security454/9€12k€1k▼
Other amounts payable47/48€430€7k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Turnover70-€341k
Non-recurring operating income76A-€3k
Goods, raw materials, services and sundry goods60/61-€312k
Remuneration, social security and pensions62€28k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€10k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€19k€50k▲
Operating profit (loss)9901€-31k€25k▲
Financial income75/76B€8€1▼
Recurring financial income75€8€1▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€2k▲
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€-33k€19k▲
Income taxes67/77€-2k-
Profit (loss) for the period9904€-30k€19k▲
Profit (loss) for the period to be appropriated9905€-30k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-13k▲
Profit (loss) brought forward from the previous period14P€-2k€-32k▼
The notes to these accounts (7 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
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 329 days late
2025
31-12
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 294 days late
2023
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity times 67current ratio 2176.96
Current ratio from 32.26 to 2176.96; short-term debt falls from €3k to €40.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Liquidity times 23current ratio 901.16
Current ratio from 40.03 to 901.16; short-term debt falls from €2k to €86.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 40.03
Current ratio from 10.04 to 40.03; short-term debt falls from €6k to €2k.
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Pieters-Leeuw · 1 establishment unit since 2012
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.
Groot-Bijgaardenstraat 151600 Sint-Pieters-LeeuwGround area
5,762 m²
Building footprint
3,920 m²
Volume, LiDAR
18,317 m³
Parcel 23077A0160/00P026, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B.A.P. Window
since 20122.214.249.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0160/00P026 | Flanders | 5,762 m² | 1 · 3,920 m² | 10.2 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 1,720 companies in sector 47521 we hold annual accounts for 1,288. 458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2012
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
41003General construction of other non-residential buildings
43990Other specialised construction activities
43999Specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47527Retail trade
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:schamil@bapwindow.be