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B.A.S.H.

Active
Private limited companyfounded 2010active for 15 yearsLepelstraat 46, 3910 Pelt, BelgiumKBO/BCE: BE 0832.200.117
Summary

B.A.S.H. has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,715 and a net result of €22,610. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 57% of 49 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Manufacture of paper and paper products
NACE 17210
1 site
Size
€219,100total assets 2025
Equity
€119,715
Profit
€22,610
Turnover not published (micro format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts filed 12 days late0 of 3 deeds read
Why 84raises riskSector: Manufacture of paper and paper products (NACE 17)Latest accounts 12 days late; 1 of the last 3 lateSize: total assets €219,100lowers riskFounded in 2010Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 17, micro)
Financial strength · tick = 2024
Strong
Solvency 80+10
equity 54.6% of total assets
Liquidity 57-3
short-term debt 13.0% · cash 6.8%
Profitability 82+2
return on assets 10.3%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (112 companies, NACE 17, micro)
Last 24 months 11-2024: 2.6% 12-2024: 3.5%▲ +0.9 percentage points vs 11-2024highest value 01-2025: 2.2%▼ -1.3 percentage points vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.2 percentage points vs 06-2025 08-2025: 2.9%▲ +0.7 percentage points vs 07-2025 09-2025: 0.8%▼ -2.1 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.7%▼ -0.1 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 0.5%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.35 in 2024, above the usual 1.5; short-term debt: 13% and cash: 6.8% of total assets), and 45.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 17, micro): better than 61% on solvency, 62% on liquidity, 72% on profitability and 82% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
raises risk · Latest accounts 12 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: total assets €219,100
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
29 days late
2023
142 days late
2022
32 days late
2021
26 days late
2020
55 days late
2019
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days after the deadline; the sector median (NACE 17) for financial year 2024 is 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €22,610 ▲21.1%
  3. Equity above €100,000equity €119,715 ▲23.3%

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €22,610 8 years View
  • Total assets 20256 financial years filed €219,100 View
  • Active since 2010founded 24-12-2010 15 years View

By topic

Financials

Financial year
2025
Total assets
€219,100
Profit
€22,610
Solvency
54.6%
Total assets▲ 2.5%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2012
Next accounts
by 31-07-2027
  1. 29-08-2025Annual accounts filed
  2. 20-12-2024Annual accounts filed
  3. 01-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of paper and paper productsNACE 17210
Founded
24-12-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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