BACHA
ActiveSummary
BACHA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,522 and a net result of €4,894. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 2071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-6
Solvency100=
Growth69=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 5.06 against 3.12 in 2024; short-term debt: 14.8% of total assets), and 14.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
85.1%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
2 d early
2023
22 d late
2022
29 d late
2021
19 d late
2019
21 d late
2018
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
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. Usually files around 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€45,510▲ 9.0%
2023 · €41,746
EBIT margin
14.2%▼ 9.1pp
2023 · 23.3%
Net result
€4,894▲ 40.3%
2024 · €3,489
Working capital
€39,967▲ 40.8%
2024 · €28,385
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€38,705-€38,925▲ 0.6%€41,746▲ 7.2%€45,510▲ 9.0%
Operating result€7,125-€4,135▼ 42.0%€9,723▲ 135%€6,447▼ 33.7%€7,363▲ 14.2%
Net result€9,932within the sector's middle half-€2,273within the sector's middle half▼ 77.1%€5,962within the sector's middle half▲ 162%€3,489within the sector's middle half▼ 41.5%€4,894within the sector's middle half▲ 40.3%
EBIT margin18.4%-10.6%▼ 7.8pp23.3%▲ 12.7pp14.2%▼ 9.1pp
Equity€39,905within the sector's middle half-€42,177within the sector's middle half▲ 5.7%€48,140within the sector's middle half▲ 14.1%€51,628within the sector's middle half▲ 7.2%€56,522within the sector's middle half▲ 9.5%
Total assets€51,426within the sector's middle half-€63,329within the sector's middle half▲ 23.1%€65,109within the sector's middle half▲ 2.8%€65,058within the sector's middle half▼ 0.1%€66,418within the sector's middle half▲ 2.1%
Debt€11,521-€21,151▲ 83.6%€16,969▼ 19.8%€13,430▼ 20.9%€9,896▼ 26.3%
Working capital€32,788within the sector's middle half-€5,469within the sector's middle half▼ 83.3%€18,131within the sector's middle half▲ 232%€28,385within the sector's middle half▲ 56.6%€39,967within the sector's middle half▲ 40.8%
Solvency77.6%above the sector's middle half-66.6%within the sector's middle half▼ 11.0pp73.9%above the sector's middle half▲ 7.3pp79.4%above the sector's middle half▲ 5.4pp85.1%above the sector's middle half▲ 5.7pp
Current ratio3.85above the sector's middle half-1.26within the sector's middle half▼ 2.592.07within the sector's middle half▲ 0.813.12within the sector's middle half▲ 1.065.06above the sector's middle half▲ 1.94
Return on assets (ROA)19.3%within the sector's middle half-3.6%within the sector's middle half▼ 15.7pp9.2%within the sector's middle half▲ 5.6pp5.4%within the sector's middle half▼ 3.8pp7.4%within the sector's middle half▲ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,418
Fixed assets
€16,608 ▼ 28.7%
Current assets
€49,810 ▲ 19.3%
Equity and liabilities €66,418
Equity
€56,522 ▲ 9.5%
Debt
€9,896 ▼ 26.3%
Debt's share of the balance-sheet total falls from 20.6% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,063▲
2024 · €13,147
Cash flow
€11,594▲
2024 · €10,189
Debt to equity
0.18▼
2024 · 0.26
ROE
8.7%▲
2024 · 6.8%
Interest coverage
26.86▲
2024 · 20.78
Debt ≤ 1 year
€9,842▼
2024 · €13,365
Income taxes
€3,165▲
2024 · €3,081
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
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 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €38,705 | €38,925 | €41,746 | €45,510 | - | - |
| Non-recurring operating income76A | €260 | €164 | €208 | €261 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €22,165 | €25,375 | €23,018 | €30,539 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,449 | €3,908 | €6,700 | €6,700 | €6,700 | = |
| Other operating charges640/8 | €2,226 | €5,672 | €2,513 | €2,085 | €1,102 | ▼ 47.2% |
| Gross operating margin9900 | €16,800 | €13,714 | €18,936 | €15,232 | €15,165 | ▼ 0.4% |
| Operating profit (loss)9901 | €7,125 | €4,135 | €9,723 | €6,447 | €7,363 | ▲ 14.2% |
| Financial income75/76B | €7,299 | €1,514 | €517 | €754 | €1,218 | ▲ 61.5% |
| Recurring financial income75 | €2,299 | €1,092 | €517 | €754 | €1,218 | ▲ 61.5% |
| Non-recurring financial income76B | €5,000 | €422 | - | - | - | - |
| Financial charges65/66B | €2,244 | €1,012 | €640 | €633 | €524 | ▼ 17.2% |
| Recurring financial charges65 | €2,244 | €1,012 | €640 | €633 | €524 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €12,180 | €4,637 | €9,599 | €6,569 | €8,058 | ▲ 22.7% |
| Income taxes67/77 | €2,249 | €2,364 | €3,637 | €3,081 | €3,165 | ▲ 2.7% |
| Profit (loss) for the period9904 | €9,932 | €2,273 | €5,962 | €3,489 | €4,894 | ▲ 40.3% |
| Profit (loss) for the period to be appropriated9905 | €9,932 | €2,273 | €5,962 | €3,489 | €4,894 | ▲ 40.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,426 | €63,329 | €65,109 | €65,058 | €66,418 | ▲ 2.1% |
| Fixed assets21/28 | €7,117 | €36,708 | €30,008 | €23,308 | €16,608 | ▼ 28.7% |
| Tangible fixed assets22/27 | - | €29,592 | €22,892 | €16,192 | €9,492 | ▼ 41.4% |
| Furniture and vehicles24 | - | €29,592 | €22,892 | €16,192 | €9,492 | ▼ 41.4% |
| Financial fixed assets28 | €7,117 | €7,117 | €7,117 | €7,117 | €7,117 | = |
| Current assets29/58 | €44,309 | €26,621 | €35,101 | €41,750 | €49,810 | ▲ 19.3% |
| Amounts receivable within one year40/41 | €44,309 | €26,621 | €35,101 | €41,750 | €49,810 | ▲ 19.3% |
| Trade receivables40 | €19,788 | €18,349 | €23,822 | €25,473 | €25,885 | ▲ 1.6% |
| Other amounts receivable41 | €24,521 | €8,271 | €11,279 | €16,277 | €23,925 | ▲ 47.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,426 | €63,329 | €65,109 | €65,058 | €66,418 | ▲ 2.1% |
| Equity10/15 | €39,905 | €42,177 | €48,140 | €51,628 | €56,522 | ▲ 9.5% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €2,160 | €2,160 | €2,160 | €2,160 | €2,160 | = |
| Non-distributable reserves130/1 | €2,160 | €2,160 | €2,160 | €2,160 | €2,160 | = |
| Reserves not available under the articles1311 | €2,160 | €2,160 | €2,160 | €2,160 | €2,160 | = |
| Profit (loss) carried forward14 | €31,547 | €33,820 | €39,782 | €43,271 | €48,164 | ▲ 11.3% |
| Amounts payable17/49 | €11,521 | €21,151 | €16,969 | €13,430 | €9,896 | ▼ 26.3% |
| Amounts payable within one year42/48 | €11,521 | €21,151 | €16,969 | €13,365 | €9,842 | ▼ 26.4% |
| Current portion of amounts payable after more than one year42 | €5,466 | €1,958 | - | - | - | - |
| Financial debts43 | €2,055 | €2,380 | €2,315 | €1,255 | €1,182 | ▼ 5.8% |
| Credit institutions430/8 | €2,055 | €2,380 | €2,315 | €1,255 | €1,182 | ▼ 5.8% |
| Trade debts44 | - | €10,545 | €4,297 | - | €356 | - |
| Suppliers440/4 | - | €10,545 | €4,297 | - | €356 | - |
| Taxes, remuneration and social security45 | - | €2,269 | €6,357 | €8,110 | €4,305 | ▼ 46.9% |
| Taxes450/3 | - | €2,269 | €6,357 | €8,110 | €4,305 | ▼ 46.9% |
| Other amounts payable47/48 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Accrued charges and deferred income492/3 | - | - | - | €65 | €54 | ▼ 17.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,932 | €2,273 | €5,962 | €3,489 | €4,894 | ▲ 40.3% |
| + Depreciation and write-downs630 | €7,449 | €3,908 | €6,700 | €6,700 | €6,700 | = |
| Operating cash flow (approximation) | €17,380 | €6,181 | €12,662 | €10,189 | €11,594 | ▲ 13.8% |
| Investment in fixed assets (approximation) | - | -€33,500 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2018net €9,932 ▲227%
Net result €9,932, the highest in the series.
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €3,035
Net result €3,035 after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
Ground area
74 m²
Building footprint
67 m²
Volume, LiDAR
749 m³
Parcel 21816C0084/00V006, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BACHA
since 19912.052.933.833
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0084/00V006 | Brussels | 74 m² | 1 · 67 m² | 15.7 m · 4 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.
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Of 1,038 companies in sector 85531 we hold annual accounts for 348. 285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-1991
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443345428
Registered
27-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.