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Baasimmo

Active
Public limited companyfounded 198739 yrs activeRue Fulgence Masson 16, 7370 Dour, BelgiumKBO/BCE: BE 0430.309.816
Summary

Baasimmo has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €322,975 and a net result of €974. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability79▲+4
Solvency100=
Growth55▼-1
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.9 in 2023; short-term debt: 12.3% and cash: 0.3% of total assets), and 12.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
25 d late
2023
29 d late
2022
11 d early
2021
48 d early
2020
23 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 January 1987, Baasimmo was incorporated.1 Revenue went from EUR 68,400 in 2018 to EUR 44,945 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€44,945▼ 10.8%
2023 · €50,400
EBIT margin
8.2%▼ 13.8pp
2023 · 22.0%
Net result
€974▼ 72.7%
2023 · €3,571
Working capital
-€18,394▼ 207%
2023 · -€6,001
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€51,900▼ 24.1%€50,400▼ 2.9%€50,400=€50,400=€44,945▼ 10.8%
Operating result€6,166▼ 52.4%€12,742▲ 107%€14,298▲ 12.2%€11,101▼ 22.4%€3,690▼ 66.8%
Net result-€1,618€5,285€7,797▲ 47.5%€3,571▼ 54.2%€974▼ 72.7%
EBIT margin11.9%▼ 7.1pp25.3%▲ 13.4pp28.4%▲ 3.1pp22.0%▼ 6.3pp8.2%▼ 13.8pp
Equity€305,347▼ 0.5%€310,633▲ 1.7%€318,430▲ 2.5%€322,001▲ 1.1%€322,975▲ 0.3%
Total assets€445,749▼ 5.0%€422,643▼ 5.2%€406,200▼ 3.9%€407,516▲ 0.3%€368,345▼ 9.6%
Debt€140,401▼ 13.4%€112,011▼ 20.2%€87,770▼ 21.6%€85,514▼ 2.6%€45,370▼ 46.9%
Working capital€38,179▲ 18.0%€35,182▼ 7.8%€26,562▼ 24.5%-€6,001-€18,394▼ 207%
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2020: €6,166€6,166Net result 2020: -€1,618-€1,618Operating result 2021: €12,742€12,742Net result 2021: €5,285€5,285Operating result 2022: €14,298€14,298Net result 2022: €7,797€7,797Operating result 2023: €11,101€11,101Net result 2023: €3,571€3,571Operating result 2024: €3,690€3,690Net result 2024: €974€97420202021202220232024€0€5,000€10,000€15,000Operating result 2022: €14,298€14,300Net result 2022: €7,797€7,800Operating result 2023: €11,101€11,100Net result 2023: €3,571€3,570Operating result 2024: €3,690€3,690Net result 2024: €974€974202220232024
The operating result has fallen two years in a row; 2024 is 67% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €368,345
Fixed assets €341,370 ▼ 3.8%
Current assets €26,975 ▼ 48.9%
Equity and liabilities €368,345
Equity €322,975 ▲ 0.3%
Debt €45,370 ▼ 46.9%
Debt's share of the balance-sheet total falls from 21.0% to 12.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€27,285▼
2023 · €33,184
Cash flow
€24,569▼
2023 · €25,655
Current ratio
0.59▼
2023 · 0.90
Debt to equity
0.14▼
2023 · 0.27
ROE
0.3%▼
2023 · 1.1%
ROA
0.3%▼
2023 · 0.9%
Interest coverage
11.60▲
2023 · 5.09
Debt ≤ 1 year
€45,370▼
2023 · €58,740
Debt > 1 year
€0▼
2023 · €26,774
Income taxes
€365▼
2023 · €1,014
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,039 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€407,516€368,345▼
Fixed assets21/28€354,776€341,370▼
Tangible fixed assets22/27€354,776€341,370▼
Land and buildings22€354,776€341,370▼
Furniture and vehicles24€0€0=
Current assets29/58€52,740€26,975▼
Amounts receivable within one year40/41€34,197€0▼
Other amounts receivable41€34,197€0▼
Current investments50/53€18,088€18,088=
Cash at bank and in hand54/58€455€943▲
Deferred charges and accrued income490/1-€7,945
Equity and liabilities
Total equity and liabilities10/49€407,516€368,345▼
Equity10/15€322,001€322,975▲
Contributions10/11€334,700€334,700=
Capital10€334,700€334,700=
Issued capital100€334,700€334,700=
Reserves13€4,956€5,004▲
Non-distributable reserves130/1€4,956€5,004▲
Legal reserve130€4,956€5,004▲
Profit (loss) carried forward14-€17,654-€16,729▲
Amounts payable17/49€85,514€45,370▼
Amounts payable after more than one year17€26,774€0▼
Financial debts170/4€26,774€0▼
Amounts payable within one year42/48€58,740€45,370▼
Current portion of amounts payable after more than one year42€26,775€26,775=
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€0€0=
Suppliers440/4€0€0=
Taxes, remuneration and social security45€2,539€365▼
Taxes450/3€2,539€365▼
Other amounts payable47/48€29,427€18,230▼
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Turnover70€50,400€44,945▼
Goods, raw materials, services and sundry goods60/61€6,762€6,978▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,083€23,595▲
Other operating charges640/8€10,454€10,682▲
Gross operating margin9900€43,638€37,967▼
Operating profit (loss)9901€11,101€3,690▼
Financial charges65/66B€6,515€2,351▼
Recurring financial charges65€6,515€2,351▼
Profit (loss) for the period before taxes9903€4,586€1,339▼
Income taxes67/77€1,014€365▼
Profit (loss) for the period9904€3,571€974▼
Profit (loss) for the period to be appropriated9905€3,571€974▼
Appropriation of the result
Profit (loss) to be appropriated9906-€17,476-€16,680▲
Profit (loss) brought forward from the previous period14P-€21,047-€17,654▲
Transfer to equity691/2€179€49▼
To the legal reserve6920€179€49▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€51,900€50,400€50,400€50,400€44,945▼ 10.8%
Goods, raw materials, services and sundry goods60/61-€5,952€6,082€6,762€6,978▲ 3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,525€22,692€22,192€22,083€23,595▲ 6.8%
Other operating charges640/8-€9,015€9,226€10,454€10,682▲ 2.2%
Gross operating margin9900€46,657€44,448€45,716€43,638€37,967▼ 13.0%
Operating profit (loss)9901€6,166€12,742€14,298€11,101€3,690▼ 66.8%
Financial charges65/66B-€6,305€4,976€6,515€2,351▼ 63.9%
Recurring financial charges65€7,784€6,305€4,976€6,515€2,351▼ 63.9%
Profit (loss) for the period before taxes9903-€1,618€6,437€9,322€4,586€1,339▼ 70.8%
Income taxes67/77-€1,152€1,525€1,014€365▼ 64.0%
Profit (loss) for the period9904-€1,618€5,285€7,797€3,571€974▼ 72.7%
Profit (loss) for the period to be appropriated9905-€1,618€5,285€7,797€3,571€974▼ 72.7%
Line20202021202220232024Change
Assets
Total assets20/58€445,749€422,643€406,200€407,516€368,345▼ 9.6%
Fixed assets21/28€379,365€356,673€348,916€354,776€341,370▼ 3.8%
Tangible fixed assets22/27€379,365€356,673€348,916€354,776€341,370▼ 3.8%
Land and buildings22-€356,673€348,916€354,776€341,370▼ 3.8%
Furniture and vehicles24-€0€0€0€0-
Current assets29/58€66,384€65,971€57,284€52,740€26,975▼ 48.9%
Amounts receivable within one year40/41€47,697€46,697€39,197€34,197€0▼ 100%
Other amounts receivable41-€46,697€39,197€34,197€0▼ 100%
Current investments50/53€18,088€18,088€18,088€18,088€18,088=
Cash at bank and in hand54/58€599€1,186€0€455€943▲ 107%
Deferred charges and accrued income490/1----€7,945-
Equity and liabilities
Total equity and liabilities10/49€445,749€422,643€406,200€407,516€368,345▼ 9.6%
Equity10/15€305,347€310,633€318,430€322,001€322,975▲ 0.3%
Contributions10/11€334,700€334,700€334,700€334,700€334,700=
Capital10-€334,700€334,700€334,700€334,700=
Issued capital100-€334,700€334,700€334,700€334,700=
Reserves13€4,123€4,387€4,777€4,956€5,004▲ 1.0%
Non-distributable reserves130/1-€4,387€4,777€4,956€5,004▲ 1.0%
Legal reserve130-€4,387€4,777€4,956€5,004▲ 1.0%
Profit (loss) carried forward14-€33,476-€28,455-€21,047-€17,654-€16,729▲ 5.2%
Amounts payable17/49€140,401€112,011€87,770€85,514€45,370▼ 46.9%
Amounts payable after more than one year17€107,097€80,323€53,548€26,774€0▼ 100%
Financial debts170/4-€80,323€53,548€26,774€0▼ 100%
Amounts payable within one year42/48€28,204€30,788€30,722€58,740€45,370▼ 22.8%
Current portion of amounts payable after more than one year42-€26,775€26,775€26,775€26,775=
Financial debts43--€344€0--
Credit institutions430/8--€344€0--
Trade debts44€0--€0€0-
Suppliers440/4---€0€0-
Taxes, remuneration and social security45-€1,152€2,676€2,539€365▼ 85.6%
Taxes450/3-€1,152€2,676€2,539€365▼ 85.6%
Other amounts payable47/48-€2,862€927€29,427€18,230▼ 38.0%
Accrued charges and deferred income492/3-€900€3,500€0--
Line20202021202220232024Change
Profit (loss) for the period9904-€1,618€5,285€7,797€3,571€974▼ 72.7%
+ Depreciation and write-downs630€31,525€22,692€22,192€22,083€23,595▲ 6.8%
Operating cash flow (approximation)€29,907€27,977€29,989€25,655€24,569▼ 4.2%
Investment in fixed assets (approximation)-€0-€14,435-€27,943-€10,188▲ 63.5%
Change in cash-€587-€1,186€455€488▲ 7.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €7,797 ▲47.5%
Operating result €14,298, net result €7,797, both a record.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €5,285
Net result €5,285 after one loss-making year.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial Back to profitnet €3,525
Net result €3,525 after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Dour · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
1,125 m²
Building footprint
211 m²
Volume, LiDAR
1,538 m³
Parcel 53020B0615/00K000, Wallonia · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAASIMMO SA
Rue Fulgence Masson 16, 7370 DourNACE 6720
since 19872.032.980.735
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53020B0615/00K000 Wallonia 1,125 m² 1 · 211 m² 10.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded09-01-1987
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.