BACCHUS
ActiveBACCHUS has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €937k and a net result of €76k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-5
Solvency75▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.64 in 2024; short-term debt: 41.6% and cash: 3% of total assets), and 49.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
50.1%
Return on assets
4.1%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-12-2025, 47 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 filingsDeviation from the deadline
2025
47 d late
2024
6 d late
2023
on the day
2022
3 d late
2021
3 d late
2020
23 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€937k▲ 8.8%
2024 · €861k
2019: €743k
2020: €592k
2021: €367k
2022: €592k
2023: €762k
2024: €861k
2019 → 2025
Total assets
€1.87M▼ 11.2%
2024 · €2.11M
2019: €2.23M
2020: €2.05M
2021: €1.43M
2022: €1.75M
2023: €2.22M
2024: €2.11M
2019 → 2025
Net result
€76k▼ 22.8%
2024 · €99k
2019: €126k
2020: €-151k
2021: €-225k
2022: €224k
2023: €171k
2024: €99k
2019 → 2025
Working capital
€757k▲ 13.1%
2024 · €670k
2019: €581k
2020: €380k
2021: €208k
2022: €363k
2023: €486k
2024: €670k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€367k-€592k▲ 61.1%€762k▲ 28.8%€861k▲ 12.9%€937k▲ 8.8%
Operating result€-204k-€237k€181k▼ 23.7%€134k▼ 26.2%€98k▼ 26.5%
Net result€-225k-€224k€171k▼ 24.0%€99k▼ 42.2%€76k▼ 22.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.87M
Fixed assets
€335k▼ 14.3%
Current assets
€1.54M▼ 10.4%
Equity and liabilities €1.87M
Equity
€937k▲ 8.8%
Debt
€934k▼ 25.0%
The debt ratio falls from 59.1% to 49.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€168k▼
2024 · €250k
Cash flow
€146k▼
2024 · €215k
Solvency
50.1%▲
2024 · 40.9%
Current ratio
1.97▲
2024 · 1.64
Quick ratio
0.92▼
2024 · 0.92
Debt / equity
1.00▼
2024 · 1.45
ROE
8.1%▼
2024 · 11.5%
ROA
4.1%▼
2024 · 4.7%
Interest coverage
4.72▼
2024 · 5.19
Debt
€934k▼
2024 · €1.24M
Debt ≤ 1 year
€778k▼
2024 · €1.04M
Debt > 1 year
€153k▼
2024 · €196k
Income taxes
€959▲
2024 · €0
Staff costs
€306k▲
2024 · €281k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.11M€1.87M▼
Fixed assets21/28€391k€335k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€378k€324k▼
Land and buildings22€215k€187k▼
Plant, machinery and equipment23€51k€53k▲
Furniture and vehicles24€112k€84k▼
Financial fixed assets28€13k€11k▼
Current assets29/58€1.71M€1.54M▼
Stocks and contracts in progress3€753k€823k▲
Stocks30/36€753k€823k▲
Amounts receivable within one year40/41€865k€630k▼
Trade receivables40€593k€487k▼
Other amounts receivable41€272k€143k▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€78k€57k▼
Deferred charges and accrued income490/1€16k€23k▲
Equity and liabilities
Total equity and liabilities10/49€2.11M€1.87M▼
Equity10/15€861k€937k▲
Contributions10/11€126k€126k=
Capital10€126k€126k=
Issued capital100€126k€126k=
Reserves13€735k€735k=
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Distributable reserves133€714k€714k=
Profit (loss) carried forward14€0€76k▲
Amounts payable17/49€1.24M€934k▼
Amounts payable after more than one year17€196k€153k▼
Financial debts170/4€196k€153k▼
Amounts payable within one year42/48€1.04M€778k▼
Current portion of amounts payable after more than one year42€135k€61k▼
Financial debts43€175k€175k=
Credit institutions430/8€175k€175k=
Trade debts44€529k€382k▼
Suppliers440/4€529k€382k▼
Taxes, remuneration and social security45€33k€32k▼
Taxes450/3€15k€3k▼
Remuneration and social security454/9€18k€29k▲
Other amounts payable47/48€174k€128k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€281k€306k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€70k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€30k€91k▲
Other operating charges640/8€16k€25k▲
Gross operating margin9900€577k€590k▲
Operating profit (loss)9901€134k€98k▼
Financial income75/76B€13k€14k▲
Recurring financial income75€13k€14k▲
Financial charges65/66B€48k€36k▼
Recurring financial charges65€48k€36k▼
Profit (loss) for the period before taxes9903€99k€77k▼
Income taxes67/77€0€959▲
Profit (loss) for the period9904€99k€76k▼
Profit (loss) for the period to be appropriated9905€99k€76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€76k▼
Profit (loss) brought forward from the previous period14P€23k€0▼
Transfer to equity691/2€122k€0▼
To other reserves6921€122k€0▼
Social balance
Average headcount (FTE)90877.98.4▲
The notes to these accounts (15 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial
Back to profitnet €224k
Net result €224k after 2 loss-making years.
31-03
Financial
Equity above €500kEq €592k ▲61.1%
Equity rises from €367k to €592k.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet €-225k
Net result drops to €-225k, the lowest in the series; recovery starts the following year.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Laarne · 1 establishment unit since 1984
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.
Dendermondsesteenweg 869270 LaarneGround area
4,616 m²
Building footprint
2,488 m²
Volume, LiDAR
13,375 m³
Parcel 42009B1035/00K002, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dendermondsesteenweg 86, 9270 Laarne
since 19842.128.915.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009B1035/00K002 | Flanders | 4,616 m² | 1 · 2,488 m² | 7.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 471 EUR awarded · 471 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 471 EUR | 471 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaarne2.128.915.121
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'T KLAVERBLAD
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 370 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1982
Fiscal year end31-03
Activities, NACEBEL
47252Retail sale of beverages, general range
51340
46349Wholesale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-9-01688/14.05)