Equity
€77,441 from €698,353 in 2020
Equity fell by 89% in 5 years.
BAAS
Lifetime
12 annual accounts with figures on one time axispeak €302,415 (2018)
€27,183▲ 279%
lowest -€19,585 (2023)
€16,092▲ €29,723
peak €698,353 (2020)
€77,441▼ 56.6%
€532,314▲ 14.3%
Board2 names since 2021
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Gross margin from €7,180 to €27,183Back to profit: €16,092Dividend €116,921Equity from €178,270 to €77,441Cash from €222,055 to €480,364
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as BAAS has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,107 companies, not a prediction for BAAS. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved within Mechelen
New registered office: Stuivenbergbaan 31, 2800 Mechelen · Previous registered office: Geerdegemvaart 20 bus 1, 2800 Mechelen · General meeting of 27-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535547490
1 director appointed, 1 manager resigning
Resignation: (manager) · Appointment: · Permanent representative: · General meeting of 10-08-2022 · Gazette deed
First establishment
Stuivenbergbaan 31, Mechelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAAS Mechelen | €609,755 | €27,183 | 12.7% | - |
| LUCERN Willebroek | €524,927 | €21,756 | 97.8% | - |
| BNK GROUP Aartselaar | €483,857 | €28,499 | 20.2% | - |
| VERDILO Lochristi | €606,080 | €24,562 | 11.0% | - |
| GOSSELIMMO Charleroi | €657,290 | €25,324 | -0.2% | - |
| L.J.L. Investissements Verlaine | €642,728 | €37,030 | 6.3% | - |
| SVANIMMO CONSTRUCT Lede | €731,942 | €29,838 | 15.4% | - |
These companies have the same main activity as BAAS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €484,000 and €732,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 05-06-2013Normal situation
- Activity
- Development of residential building projectsNACE 68121and 3 others
- Establishment unit
- 2.219.950.7102800 Mechelen, since 07-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- ≈ €74,000estimated
- €609,755▼ 5.3%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on BAAS
BAAS files the abbreviated format. That format states no turnover. The gross margin fell from €116,591 in 2014 to €27,183 in 2025.
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 BAAS
- What is the company number of BAAS?
- The company number of BAAS is 0535.547.490. The VAT number is the same number with BE in front: BE 0535.547.490.
- Where is BAAS based?
- The registered office is at Stuivenbergbaan 31, 2800 Mechelen.Company details
- What does BAAS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of BAAS?
- BAAS is a private limited company (BV).
- When was BAAS founded?
- BAAS was founded on 05-06-2013.
- Is BAAS still active?
- Yes, BAAS is an active enterprise in the KBO register.
- What is the turnover of BAAS?
- The turnover in financial year 2025 is ≈ €74,000. This figure is estimated from the gross margin of €27,183 and 32 comparable companies (NACE 681). It probably lies between €41,000 and €150,000.Financials
- Is BAAS profitable?
- In financial year 2025, BAAS made a profit of €16,092.
- Where can I find the annual accounts of BAAS?
- BAAS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAAS due?
- BAAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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