BAAB
ActiveBAAB has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €508k and a net result of €24k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-35
Solvency40▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.3 in 2024; short-term debt: 73.3% and cash: 3.2% of total assets), and 84.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
15.2%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7971 sector peers (2025).
NBB · sector comparisonPosition among 7971 sector peers
Solvency
better than 21%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
49 d late
2023
68 d late
2022
120 d late
2021
82 d late
2020
90 d late
2019
111 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 94.8%
2024 · €461k
2018: €6k
2019: €-18k
2020: €57k
2021: €61k
2022: €56k
2023: €151k
2024: €461k
2018 → 2025
Working capital
€828k▲ 43.0%
2024 · €579k
2018: €41k
2019: €27k
2020: €153k
2021: €215k
2022: €545k
2023: €518k
2024: €579k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€203k▲ 38.0%€354k▲ 74.2%€484k▲ 37.0%€508k▲ 4.9%
Operating result€76k-€76k=€185k▲ 143%€515k▲ 178%€205k▼ 60.2%
Net result€61k-€56k▼ 9.0%€151k▲ 169%€461k▲ 206%€24k▼ 94.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.33M
Fixed assets
€60k▼ 37.3%
Current assets
€3.27M▲ 31.4%
Equity and liabilities €3.33M
Equity
€508k▲ 4.9%
Debt
€2.82M▲ 34.4%
The debt ratio rises from 81.3% to 84.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€241k▼
2024 · €551k
Cash flow
€59k▼
2024 · €496k
Solvency
15.2%▼
2024 · 18.7%
Current ratio
1.34▲
2024 · 1.30
Quick ratio
1.20▲
2024 · 1.11
Debt / equity
5.56▲
2024 · 4.34
ROE
4.7%▼
2024 · 95.1%
ROA
0.7%▼
2024 · 17.8%
Interest coverage
4.32▼
2024 · 14.95
Debt
€2.82M▲
2024 · €2.10M
Debt ≤ 1 year
€2.44M▲
2024 · €1.91M
Debt > 1 year
€380k▲
2024 · €190k
Income taxes
€127k▲
2024 · €17k
Staff costs
€109k▲
2024 · €62k
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€2.59M€3.33M▲
Fixed assets21/28€95k€60k▼
Tangible fixed assets22/27€71k€35k▼
Furniture and vehicles24€71k€35k▼
Financial fixed assets28€25k€25k=
Current assets29/58€2.49M€3.27M▲
Stocks and contracts in progress3€370k€349k▼
Stocks30/36€370k€349k▼
Amounts receivable within one year40/41€2.09M€2.82M▲
Trade receivables40€2.05M€2.76M▲
Other amounts receivable41€45k€55k▲
Cash at bank and in hand54/58€30k€108k▲
Equity and liabilities
Total equity and liabilities10/49€2.59M€3.33M▲
Equity10/15€484k€508k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€464k€488k▲
Amounts payable17/49€2.10M€2.82M▲
Amounts payable after more than one year17€190k€380k▲
Trade debts175€190k€380k▲
Amounts payable within one year42/48€1.91M€2.44M▲
Trade debts44€1.40M€1.63M▲
Suppliers440/4€1.40M€1.63M▲
Advances received on contracts in progress46€31k€685k▲
Taxes, remuneration and social security45€12k€12k▲
Taxes450/3€597-
Remuneration and social security454/9€11k€12k▲
Other amounts payable47/48€470k€120k▼
Income statement
Code20242025
Remuneration, social security and pensions62€62k€109k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k=
Other operating charges640/8€70k€254▼
Gross operating margin9900€683k€350k▼
Operating profit (loss)9901€515k€205k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€37k€56k▲
Recurring financial charges65€37k€56k▲
Profit (loss) for the period before taxes9903€478k€151k▼
Income taxes67/77€17k€127k▲
Profit (loss) for the period9904€461k€24k▼
Profit (loss) for the period to be appropriated9905€461k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€794k€488k▼
Profit (loss) brought forward from the previous period14P€333k€464k▲
Profit to be distributed694/7€330k-
Directors or managers695€250k-
Other beneficiaries697€80k-
The notes to these accounts (4 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €508k ▲4.9%
6 profitable years in a row build equity to €508k.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Highest result since 2018net €461k ▲206%
Operating result €515k, net result €461k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial
Equity above €200kEq €203k ▲38%
3 profitable years in a row build equity to €203k.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
31-12
Financial
Equity above €100kEq €101k ▲89%
Equity rises from €53k to €101k.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
2019
31-12
Financial
Weakest financial yearnet €-18k ▼389%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 70 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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-Jans-Molenbeek · 1 establishment unit since 2007
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.
Heyvaertstraat 891080 Sint-Jans-MolenbeekGround area
2,435 m²
Building footprint
2,316 m²
Volume, LiDAR
25,721 m³
Parcel 21523B0943/00L033, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
-BAAB
since 20072.159.376.980
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0943/00L033 | Brussels | 2,435 m² | 1 · 2,316 m² | 15.4 m · 4 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.
Similar companies · same sector, comparable size
SPECIALIST VEHICLES BE
BE 0865.492.297
Chaumont-Gistoux · Eq €507k
PDS Motors
BE 0462.053.461
Tielt · Eq €510k
Autobedrijf G & D
BE 0466.590.784
Tienen · Eq €512k
WESTON GLOBAL
BE 0667.726.323
Aarschot · Eq €512k
AUTOCENTER MERTENS
BE 0877.243.254
Meise · Eq €504k
Of 2,128 companies in sector 46711 we hold annual accounts for 1,126. 682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2003
Fiscal year end31-12
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
50101
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.