BAAM

Active Private limited companyfounded 2011active for 15 yearsPlace de Noucelles (W-B) 8, 1440 Braine-le-ChâteauKBO/BCE: BE 0834.636.795

BAAM

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 31-07-2026, on the day of the deadline

€279,751

▼ 9.0%

€46,971

▼ 28.0%

€50,721

▼ 25.2%

€39,191

▼ 36.2%

26.5%

▲ 7.8 percentage points

1.30

▲ 0.09

The turnover shown is an estimate from the gross margin.

Turnover ≈ €560,000. Estimated: probably between €380,000 and €720,000.

Balance sheet

balance sheet total €475,404 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

26.5%

Higher than 35% of 2,094 companies in 2025.

1.30

Higher than 43% of 2,010 companies in 2025.

7.5%

Higher than 61% of 2,053 companies in 2025.

BAAM Middle half of the sector 80% of the sector Abbreviated accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€64,530

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, 1 person joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Balance sheet: assets
`20/58`	475,404	484,655	281,342	172,865	123,630	52,582	52,118	60,363	66,146	65,032	61,315	30,000	46,980	93,643
`21/28`	22,111	11,532	14,190	16,018	15,701	376	637	5,356	10,073	1,875	3,869	1,903	8,509	16,710
`22/27`	19,496	8,917	11,575	14,403	15,586	261	522	5,241	9,958	1,760	3,754	1,788	8,394	16,595
`23`	-	-	-	-	-	-	-	-	-	-	-	-	11	74
`24`	12,159	316	1,711	3,276	3,196	261	522	5,241	9,958	1,760	3,754	1,788	8,384	16,521
`26`	7,338	8,601	9,864	11,127	12,390	-	-	-	-	-	-	-	-	-
`28`	2,615	2,615	2,615	1,615	115	115	115	115	115	115	115	115	115	115
`29/58`	453,293	473,123	267,152	156,848	107,928	52,206	51,481	55,008	56,073	63,157	57,446	28,097	38,471	76,933
`40/41`	272,510	265,938	147,186	120,974	73,154	30,119	39,712	25,233	35,262	31,883	42,146	26,333	34,868	69,209
`40`	265,411	258,336	134,950	97,262	47,117	17,904	27,506	21,503	35,246	31,866	7,114	2,931	15,306	24,539
`41`	7,099	7,602	12,236	23,712	26,037	12,215	12,206	3,730	16	16	35,032	23,402	19,562	44,670
`54/58`	166,050	195,492	112,764	29,239	24,976	20,760	10,200	28,624	20,811	31,274	14,402	800	2,721	6,924
`490/1`	14,733	11,693	7,201	6,635	9,798	1,327	1,568	1,151	-	-	898	964	882	801
Balance sheet: equity and liabilities
`10/49`	475,404	484,655	281,342	172,865	123,630	52,582	52,118	60,363	66,146	65,032	61,315	30,000	46,980	93,643
`10/15`	126,048	90,607	31,793	30,857	43,983	22,642	30,315	35,894	37,070	40,828	39,161	19,353	7,339	8,246
`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
`13`	50,000	50,000	25,593	31,860	31,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`130/1`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-
`133`	50,000	50,000	25,593	31,860	30,000	-	-	-	-	-	-	-	-	-
`14`	69,848	34,407	-	-7,203	5,923	14,582	22,255	27,834	29,010	32,768	31,101	11,293	-721	186
`17/49`	349,356	394,048	249,550	142,009	79,647	29,940	21,802	24,470	29,076	24,204	22,154	10,647	39,642	85,397
`17`	-	-	-	-	-	-	-	-	751	2,183	3,616	-	3,133	9,169
`170/4`	-	-	-	-	-	-	-	-	751	2,183	3,616	-	3,133	9,169
`42/48`	349,356	391,603	249,550	142,009	78,866	29,940	21,802	24,470	28,326	22,021	18,538	10,401	36,508	76,228
`42`	20,502	-	-	-	-	-	-	751	1,433	1,433	1,433	3,133	6,036	5,741
`43`	288	396	214	-	181	-	-	-	-	-	-	-	25	67
`430/8`	288	396	214	-	181	-	-	-	-	-	-	-	25	67
`44`	290,503	357,375	214,469	127,107	73,258	25,819	16,358	14,343	14,415	7,275	3,477	440	3,281	9,059
`440/4`	290,503	357,375	214,469	127,107	73,258	25,819	16,358	14,343	14,415	7,275	3,477	440	3,281	9,059
`45`	38,063	33,832	34,867	14,902	5,427	4,121	5,444	9,066	3,650	2,280	13,628	6,828	27,166	26,361
`450/3`	15,816	8,971	9,185	409	337	762	413	4,253	3,650	2,280	13,628	6,828	27,166	26,361
`454/9`	22,248	24,861	25,682	14,493	5,090	3,359	5,031	4,813	-	-	-	-	-	-
`47/48`	-	-	-	-	-	-	-	310	8,828	11,033	-	-	-	35,000
`492/3`	-	2,445	-	-	780	-	-	-	-	-	-	246	-	-
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	210,074
`9900`	279,751	307,295	166,128	108,776	79,008	15,398	42,279	53,337	48,194	4,607	28,550	25,544	19,170	78,295
`62`	225,856	238,829	158,971	117,356	49,169	18,907	36,532	39,690	32,544	10,425	-	-	-	-
`630`	3,751	2,658	2,827	2,687	672	261	4,719	4,717	4,717	1,994	1,634	7,306	8,480	15,762
`631/4`	280	-1,069	-	-	666	-2,202	2,605	-	-	-	-	-	8,952	-
`640/8`	1,684	1,684	1,519	794	1,405	3,975	1,209	1,032	3,886	702	818	747	392	1,355
`66A`	1,210	-	-	-	-	-	-	-	1,660	-	181	-	502	50
`9901`	46,971	65,192	2,810	-12,060	27,097	-5,543	-2,786	7,898	5,387	-8,514	26,098	17,491	1,346	61,178
`75/76B`	380	473	730	219	240	44	104	830	-	2,895	2,156	1,642	157	1,400
`75`	380	473	730	219	240	44	104	830	-	2,895	2,156	1,642	157	1,400
`65/66B`	4,764	2,480	2,318	1,104	954	1,849	2,484	3,149	779	613	465	1,291	831	1,933
`65`	4,764	2,480	2,318	1,104	954	1,849	2,484	3,149	779	613	465	1,291	831	1,933
`9903`	42,586	63,185	1,222	-12,946	26,383	-7,348	-5,166	5,578	4,608	-6,232	27,608	17,842	169	60,595
`67/77`	7,145	4,371	287	180	5,042	325	413	6,755	8,366	-7,899	7,800	5,828	1,076	23,549
`9904`	35,441	58,815	936	-13,126	21,341	-7,674	-5,578	-1,176	-3,758	1,667	19,808	12,014	-907	37,046
`9905`	35,441	58,815	936	-13,126	21,341	-7,674	-5,578	-1,176	-3,758	1,667	19,808	12,014	-907	37,046
Appropriation of the result
`9906`	69,848	58,815	-6,267	-7,203	35,923	14,582	22,255	27,834	29,010	32,768	31,101	11,293	-721	37,046
`14P`	34,407	-	-7,203	5,923	14,582	-	-	-	-	-	-	-	-	-
`791/2`	-	-	6,267	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	24,407	-	-	30,000	-	-	-	-	-	-	-	-	1,860
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	24,407	-	-	30,000	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000
Social balance sheet
`9087`	3.5	4.6	3.5	2.3	1.5	1	1	1.3	-	-	-	-	-	-
Hours worked`1013`	5,753	7,532	6,053	3,390	1,429	490	1,695	2,131	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-07-2026	2026-00362857	PDF
31-12-2024	full format	26-08-2025	2025-00404198	PDF
31-12-2023	full format	22-08-2024	2024-00359076	PDF
31-12-2022	full format	23-08-2023	2023-00343332	PDF
31-12-2021	full format	27-07-2022	2022-20229177	PDF
31-12-2020	full format	31-08-2021	2021-57900317	PDF
31-12-2019	full format	21-09-2020	2020-54000348	PDF
31-12-2018	micro format	08-08-2019	2019-44100051	PDF
31-12-2017	full format	31-07-2018	2018-41000419	PDF
31-12-2016	full format	28-07-2017	2017-37300534	PDF
31-12-2015	full format	31-08-2016	2016-58500518	PDF
31-12-2014	full format	25-08-2015	2015-51000345	PDF
31-12-2013	full format	25-09-2014	2014-60100110	PDF
31-12-2012	full format	30-09-2013	2013-60700515	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
50,721	67,850	5,637	-9,373	27,769	-5,282	1,933	12,615	10,104	-6,520	27,732	24,797	9,826	76,940
39,191	61,473	3,763	-10,439	22,013	-7,413	-860	3,541	959	3,661	21,442	19,320	7,573	52,808
14,330	0	1,000	3,004	15,997	0	0	0	15,263	-0	4,694	700	681	32,472
-29,442	82,728	83,526	4,262	4,217	10,560	-18,424	7,813	-10,463	16,872	13,602	-1,921	-4,203	-
103,937	81,520	17,602	14,839	29,062	22,266	29,678	30,538	27,748	41,137	38,908	17,696	1,963	705
-	-	-	-	-	-	-	-	-	-	-	-	-	29.1%
26.5%	18.7%	11.3%	17.9%	35.6%	43.1%	58.2%	59.5%	56.0%	62.8%	63.9%	64.5%	15.6%	8.8%
1.30	1.21	1.07	1.10	1.37	1.74	2.36	2.25	1.98	2.87	3.10	2.70	1.05	1.01
2.77	4.35	7.85	4.60	1.81	1.32	0.72	0.68	0.78	0.59	0.57	0.55	5.40	10.36
28.1%	64.9%	2.9%	-42.5%	48.5%	-33.9%	-18.4%	-3.3%	-10.1%	4.1%	50.6%	62.1%	-12.4%	449.3%
7.5%	12.1%	0.3%	-7.6%	17.3%	-14.6%	-10.7%	-1.9%	-5.7%	2.6%	32.3%	40.0%	-1.9%	39.6%
10.65	27.35	2.43	-8.49	29.12	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	43 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	4	4	3	2
full-time	3	4	4	3	2
in full-time equivalents	3	4	4	3	2
	3.5	4.6	3.5	2.3	1.5
On a permanent contract	3	4	4	3	2
Joined	1	1	1	1	2
Left	2	1	0	0	1

Source: social balance sheet in the 2021 to 2025 annual accounts

Overdue debts

tax and social security

Item	2025	2024	2023	2022	2021
Overdue tax debts	-	-	-	-	€5

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€14,330	-	-	€1,504	€15,997
Financial fixed assets	-	-	€1,000	€1,500	-
	€3,751	€2,658	€2,827	€2,687	€672

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Public contracts

2 awards · 2024 to 2025

Marché d'impression et de distribution du bulletin communal d'information de la Ville de La Louvière: 2024/226 (3786) - 1

buyer: La LouvièreBusiness servicesawarded 14-04-2025€132,6115 tendersTED 772534-2025

Réalisation du bulletin communal: Réalisation du bulletin communal pour 2025 - Conception graphique

buyer: Ville de NivellesBusiness servicesawarded 07-11-2024€31,5005 tendersTED 688349-2024

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on BAAM

The operating result for 2025 is 28% lower than in 2024.

Debt's share of the balance-sheet total falls from 81.3% to 73.5%. Equity is higher and debt is lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency26.5%

Current ratio1.30

Return on assets7.5%

Staff

Staff cost per FTE€64,530

Joined and left-1 person

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Overdue debts

Investments

Public contracts

Insights on BAAM

Next steps

in euro

in euro

26.5%

1.30

7.5%

€64,530

-1 person