BAARBEEK IMMO
ActiveSummary
BAARBEEK IMMO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.60M and a net result of €-616k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-12
Solvency76▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.47 in 2024; short-term debt: 8.9% and cash: 3.4% of total assets), and 49.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
50.7%
Return on assets
-8.7%
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
53 d early
2023
55 d early
2022
56 d early
2021
52 d early
2020
67 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-616k▼ 16.0%
2024 · €-531k
2018: €-625k
2019: €602k
2020: €297k
2021: €-53k
2022: €-661k
2023: €-576k
2024: €-531k
2018 → 2025
Working capital
€-57k▲ 82.3%
2024 · €-323k
2018: €-464k
2019: €-280k
2020: €-157k
2021: €-553k
2022: €-1.40M
2023: €-478k
2024: €-323k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.19M-€527k▼ 55.6%€2.75M▲ 422%€3.12M▲ 13.4%€3.60M▲ 15.5%
Operating result€13k-€-596k€-503k▲ 15.7%€-482k▲ 4.0%€-573k▼ 18.7%
Net result€-53k-€-661k▼ 1,137%€-576k▲ 12.8%€-531k▲ 7.7%€-616k▼ 16.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €573k in 2025 against €482k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.10M
Fixed assets
€6.52M ▼ 2.3%
Current assets
€577k ▲ 106%
Equity and liabilities €7.10M
Equity
€3.60M ▲ 15.5%
Debt
€3.50M ▼ 8.8%
Debt's share of the balance-sheet total falls from 55.1% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-38k▼
2024 · €62k
Cash flow
€-82k▼
2024 · €13k
Current ratio
0.91▲
2024 · 0.47
Debt to equity
0.97▼
2024 · 1.23
ROE
-17.1%▼
2024 · -17.0%
ROA
-8.7%▼
2024 · -7.6%
Interest coverage
-0.88▼
2024 · 1.26
Debt ≤ 1 year
€634k▲
2024 · €603k
Debt > 1 year
€2.61M▼
2024 · €2.99M
Staff costs
€36k▼
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.96M€7.10M▲
Fixed assets21/28€6.68M€6.52M▼
Tangible fixed assets22/27€6.68M€6.52M▼
Land and buildings22€4.40M€4.25M▼
Plant, machinery and equipment23€908k€1.11M▲
Furniture and vehicles24€409k€348k▼
Other tangible fixed assets26€961k€823k▼
Financial fixed assets28€575-
Other financial fixed assets284/8€575-
Amounts receivable and cash guarantees285/8€575-
Current assets29/58€280k€577k▲
Stocks and contracts in progress3€825-
Stocks30/36€825-
Goods purchased for resale34€825-
Amounts receivable within one year40/41€222k€324k▲
Trade receivables40€220k€321k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€38k€240k▲
Deferred charges and accrued income490/1€20k€13k▼
Equity and liabilities
Total equity and liabilities10/49€6.96M€7.10M▲
Equity10/15€3.12M€3.60M▲
Contributions10/11€4.05M€5.15M▲
Capital10€4.05M€5.15M▲
Issued capital100€4.65M€6.65M▲
Uncalled capital101€600k€1.50M▲
Outside capital11€3€3=
Share premium1100/10€3€3=
Reserves13€35k€35k=
Non-distributable reserves130/1€35k€35k=
Legal reserve130€35k€35k=
Profit (loss) carried forward14€-961k€-1.58M▼
Amounts payable17/49€3.84M€3.50M▼
Amounts payable after more than one year17€2.99M€2.61M▼
Financial debts170/4€2.99M€2.61M▼
Credit institutions173€2.99M€2.61M▼
Amounts payable within one year42/48€603k€634k▲
Current portion of amounts payable after more than one year42€407k€373k▼
Trade debts44€162k€229k▲
Suppliers440/4€162k€229k▲
Taxes, remuneration and social security45€34k€32k▼
Taxes450/3€26k€31k▲
Remuneration and social security454/9€8k€328▼
Accrued charges and deferred income492/3€247k€250k▲
Income statement
Code20242025
Operating income70/76A€1.22M€1.07M▼
Other operating income74€1.22M€1.07M▼
Non-recurring operating income76A€2-
Operating charges60/66A€1.70M€1.65M▼
Services and other goods61€935k€898k▼
Remuneration, social security and pensions62€56k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€544k€534k▼
Other operating charges640/8€166k€178k▲
Operating profit (loss)9901€-482k€-573k▼
Financial charges65/66B€49k€44k▼
Recurring financial charges65€49k€44k▼
Debt charges650€49k€44k▼
Other financial charges652/9€1€3▲
Profit (loss) for the period before taxes9903€-531k€-616k▼
Profit (loss) for the period9904€-531k€-616k▼
Profit (loss) for the period to be appropriated9905€-531k€-616k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-961k€-1.58M▼
Profit (loss) brought forward from the previous period14P€-430k€-961k▼
Social balance
Average headcount (FTE)90870.90.6▼
The notes to these accounts (48 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.75M ▲422%
Equity rises from €527k to €2.75M.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-661k
Net result drops to €-661k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1MEq €1.24M ▲31.4%
2 profitable years in a row build equity to €1.24M.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €602k
Net result €602k after one loss-making year.
31-12
Financial
Equity above €500kEq €945k ▲176%
Equity rises from €343k to €945k.
Show earlier events
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016
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.
Baarbeek 12070 Beveren-Kruibeke-ZwijndrechtGround area
2.0 ha
Building footprint
5,992 m²
Volume, LiDAR
59,193 m³
Parcel 11011A0624/00H000, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BAARBEEK IMMO
since 20162.252.585.270
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0624/00H000 | Flanders | 2.0 ha | 1 · 5,992 m² | 14.4 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
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IMMODEC - NAMUR
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PSME
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HERCARO INDUSTRIES
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,598 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.