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B.A.V.R.

Active
Private limited companyfounded 2010active for 16 yearsRue Bois de Lahaut(BN) 32, 5021 Namur, BelgiumKBO/BCE: BE 0827.424.648

The file of B.A.V.R. contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 4.6% (elevated). The 2024 annual accounts show negative equity (-€1,749) and a net result of -€53,729. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 9% of 35,968 sector peers (NACE 43, financial year 2024).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€66,391total assets 2024
Equity
-€1,749
Loss
-€53,729
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.6%
Structure
Accounts filed 244 days late0 of 6 deeds read
Why 37raises risk1 financial year not filed after the legal deadline; latest accounts 244 days late; 2 of the last 3 lateLoss of €53,729 (financial year 2024)lowers riskFounded in 2010Liquidity: current ratio 1.18, cash €29,980Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 22-37
equity -2.6% of total assets
Liquidity 64+21
short-term debt 68.2% · cash 45.2%
Profitability 0-78
return on assets -80.9%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024lowest value 01-2025: 1.1%▲ +0.2 percentage points vs 12-2024 02-2025: 1.4%▲ +0.3 percentage points vs 01-2025 03-2025: 1.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.2%▲ +0.5 percentage points vs 03-2025 05-2025: 2.4%▲ +0.2 percentage points vs 04-2025 06-2025: 3.3%▲ +0.9 percentage points vs 05-2025 07-2025: 5.1%▲ +1.8 percentage points vs 06-2025 08-2025: 5.1%● unchanged vs 07-2025 09-2025: 5.4%▲ +0.3 percentage points vs 08-2025 10-2025: 4.9%▼ -0.5 percentage points vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 4.9%● unchanged vs 12-2025 02-2026: 6.4%▲ +1.5 percentage points vs 01-2026 03-2026: 6.4%● unchanged vs 02-2026 04-2026: 7.2%▲ +0.8 percentage points vs 03-2026highest value 05-2026: 4.9%▼ -2.3 percentage points vs 04-2026 06-2026: 4.7%▼ -0.2 percentage points vs 05-2026 07-2026: 4.7%● unchanged vs 06-2026 08-2026: 5.0%▲ +0.3 percentage points vs 07-2026 09-2026: 5.0%● unchanged vs 08-2026 10-2026: 4.6%▼ -0.4 percentage points vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.18, below the usual 1.5; short-term debt: 68.2% and cash: 45.2% of total assets), and equity is negative.
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 43, micro): better than 8% on solvency, 62% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 14-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 244 days late; 2 of the last 3 late
NBB · filings
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 · Loss of €53,729 (financial year 2024)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.18, cash €29,980
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
19202122232424
2019 to 2024 · latest year -€1,749
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2026, 244 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2024
244 days late
2024
425 days late
2023
29 days late
2022
147 days late
2021
10 days late
2020
143 days late
2019
125 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 160 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€53,729
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€1,749 View
  • Caution: Latest accounts filed lateafter the legal deadline 244 days View
  • Caution: Among the weakest 5% on net resultsector median €9,460 · 35,938 companies -€53,729 View

By topic

Financials

Financial year
2024
Total assets
€66,391
Loss
-€53,729
Solvency
-2.6%
Total assets▼ 56.6%
Net result
20192024
Go to Financials

Timeline

Events
19
Since
2012
  1. 05-01-2024Bankruptcy reversal
  2. 21-12-2023Opening
  3. 30-06-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
01-07-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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