Skip to content

BAARBEEK IMMO

Active Public limited companyfounded 2016active for 10 yearsBaarbeek 1, 2070 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 0651.662.133 subsidiary of OKSALYS
Part of the group ACKERMANS & VAN HAAREN 247 companies in 37 countries
See the group

Lifetime

10 annual accounts with figures on one time axis
peak €7.3m (2023)
€7.1m▲ 2.1%
lowest -€660,636 (2022)
-€616,361▼ €85,014
peak €3.6m (2025)
€3.6m▲ 15.5%
€3.5m▼ 8.8%
peak 3.1 FTE (2016)
0.6 FTE▼ 33.3%
Board12 names since 2019
4 directorsAndré-Xavier Cooreman and 3 others
Owners3 names in the annual accounts
Documentsfilings and deeds
28-05-202664 days before the deadline
2025financial year
Loss of €616,361Staff from 0.9 FTE to 0.6 FTECapital increase of €2,000,000 to €6,646,384.48 06-112 directors appointed, 2 resignations, 1 statutory auditor re… 16-09Equity from €3.1m to €3.6mCash from €38,040 to €239,976

Key points

from the 2025 annual accounts

Losses

-€2.4m in five years
-53,3962021-660,6362022-575,8682023-531,3472024-616,3612025

Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.

Payment terms

93 days to suppliers
Suppliers
63 to 93

BAARBEEK IMMO pays its suppliers 30 days later than in 2024.

Liquidity

0.91 was 0.47 in 2024

Short-term debts rose from €602,976 to €634,278.

Filings

10 annual accounts since 2016
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 52 to 64 days before the end of the period.

Position in the sector

-€616,361

Lower net result than 94% of companies in real estate. Sector median €20,526 · 5,817 companies.

Checked score

88
Excellent
Financially stronger than 53% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

76+6equity 50.7% of total assets
54+3short-term debt 8.9% · cash 3.4%
8-12return on assets -8.7%

Score breakdown

raises risk
Loss of €616,361, the second in a row (financial year 2025)
Liquidity: current ratio 0.91, cash €239,976
lowers risk
Size: 0.6 FTE, total assets €7.1m
Figures for financial year 2025 (filed on 30-05-2026)
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 65% of them on solvency, 64% on liquidity, 12% on profitability and 72% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as BAARBEEK IMMO has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BAARBEEK IMMO itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for BAARBEEK IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €310,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.91 (0.47 in 2024), below 1. Short-term debt is 8.9% and cash 3.4% of total assets. 49.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €616,361, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: 0.6 FTE, total assets €7.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.91, cash €239,976
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-05-2026)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
64 days early
2024
53 days early
2023
55 days early
2022
56 days early
2021
52 days early
2020
67 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 57 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 7 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MC
Director, Hedwig! Maes
GH
Director, since 19-05-2025
PY
Director, since 19-05-2025
EY
Auditor, Wim Van Gasse
  • OKSALYS 100%score 94equity €12.6m (2025) · annual accounts 2025
Board & ownership

Recent changes

Capital increase of €2,000,000 to €6,646,384.48 Capital from €4,646,384.48 to €6,646,384.48 · Gazette deed
2 directors appointed, 2 resignations, 1 statutory auditor reappointed Resignations: John-Eric Bertrand and An Herremans · Appointments: Gilles Huyghebaert and Philip Heylen · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor) · Gazette deed
Environmental permit granted Een grond gebruiken, aanleggen of inrichten, Verbouwen / Wijzigen Infrastructuur · Beveren-Kruibeke-Zwijndrecht
Resignation: Christian Leysen (director) Permanent representative: Hedwig Maes · General meeting of 10-04-2024 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
BAARBEEK IMMO Beveren-Kruibeke-Zwijndrecht €7.1m - 50.7% 0.6
SKALLI BRUXELLES IMMOBILIER Ixelles €7.1m €127,058 99.6% 0.7
IMMO GREGOIRE Dilbeek €7.6m €465,208 0.7% 0.8
W-Fin Rotselaar €6.6m €67,180 34.5% 0.4
FASTGOED Riemst €6.6m €201,312 3.6% 1
ARNOU INVEST Deinze €7.0m €224,742 62.7% 1
QUATRO PUURS Buggenhout €6.9m €596,612 20.3% 1

These companies have the same main activity as BAARBEEK IMMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €6.6m and €7.6m, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 06-04-2016Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 4 others
Joint committee
323Building management, estate agents and domestic staff · annual accounts 2025
Establishment unit
2.252.585.2702070 Beveren-Kruibeke-Zwijndrecht, since 06-04-2016
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€7.1m▲ 2.1%
Employeeson 31-12-2025
1=
Filing
Filed on 28-05-2026, 64 days before the end of the filing period
Financials

Companies linked to BAARBEEK IMMO

Insights on BAARBEEK IMMO

BAARBEEK IMMO has existed since 2016. In 2018 the balance sheet total rose from €1.7m to €7.1m, while staff fell from 2.8 to 1.9 full-time equivalents.

Solvency rose in 2025 from 44.9% to 50.7% because of a capital increase.

OKSALYS holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BAARBEEK IMMO

What is the company number of BAARBEEK IMMO?
The company number of BAARBEEK IMMO is 0651.662.133. The VAT number is the same number with BE in front: BE 0651.662.133.
Where is BAARBEEK IMMO based?
The registered office is at Baarbeek 1, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does BAARBEEK IMMO do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of BAARBEEK IMMO?
BAARBEEK IMMO is a public limited company (NV).
When was BAARBEEK IMMO founded?
BAARBEEK IMMO was founded on 06-04-2016.
Is BAARBEEK IMMO still active?
Yes, BAARBEEK IMMO is an active enterprise in the KBO register.
How many employees does BAARBEEK IMMO have?
BAARBEEK IMMO had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BAARBEEK IMMO fall under?
In its 2025 annual accounts, BAARBEEK IMMO states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of BAARBEEK IMMO?
The annual accounts for financial year 2025 state no turnover.
Is BAARBEEK IMMO profitable?
In financial year 2025, BAARBEEK IMMO made a loss of €616,361.
Where can I find the annual accounts of BAARBEEK IMMO?
BAARBEEK IMMO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAARBEEK IMMO due?
BAARBEEK IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.