BACO BUILDING

Active

Private limited companyfounded 20205 yrs activeKBO/BCE: BE 0758.553.361

Summary

The computed 12-month bankruptcy probability of BACO BUILDING is 7.0% (elevated). The 2021 annual accounts show equity of €88 and a net result of €88. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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BACO BUILDINGActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: Elevated

Axes, FY 2021

Profitability91

Solvency46

Growth-

Track record79

Bankruptcy probability, 12 months

7.0% Elevated

0%0.5%1.5%4%10%≥ 25%

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2021

Age of the figures

57 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Filed after the deadline

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 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 · 1 filing

Deviation from the deadline

2021

57 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2021 accounts 57 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)

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

BACO BUILDING was incorporated on 18 November 2020 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2021.²

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity

€88

Total assets

€414

Net result

€88

Working capital

€88

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €414

21.3%

78.7%

Equity €88

Debt €326

Debt finances 78.7% of the balance-sheet total.

Key figures and ratios

2021 value

Debt ≤ 1 year

€326

Income taxes

€22

Ratios withheld: a balance sheet total of €414 is too small for a meaningful ratio.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2021 · 21 lines

Balance sheet Code2021

Assets

Total assets20/58€414

Current assets29/58€414

Amounts receivable within one year40/41€366

Other amounts receivable41€366

Cash at bank and in hand54/58€48

Equity and liabilities

Total equity and liabilities10/49€414

Equity10/15€88

Profit (loss) carried forward14€88

Amounts payable17/49€326

Amounts payable within one year42/48€326

Taxes, remuneration and social security45€326

Taxes450/3€326

Income statement Code2021

Gross operating margin9900€111

Operating profit (loss)9901€111

Financial charges65/66B€1

Recurring financial charges65€1

Profit (loss) for the period before taxes9903€110

Income taxes67/77€22

Profit (loss) for the period9904€88

Profit (loss) for the period to be appropriated9905€88

Appropriation of the result

Profit (loss) to be appropriated9906€88

Line	2021
Gross operating margin9900	€111
Operating profit (loss)9901	€111
Financial charges65/66B	€1
Recurring financial charges65	€1
Profit (loss) for the period before taxes9903	€110
Income taxes67/77	€22
Profit (loss) for the period9904	€88
Profit (loss) for the period to be appropriated9905	€88

Line	2021
Assets
Total assets20/58	€414
Current assets29/58	€414
Amounts receivable within one year40/41	€366
Other amounts receivable41	€366
Cash at bank and in hand54/58	€48
Equity and liabilities
Total equity and liabilities10/49	€414
Equity10/15	€88
Profit (loss) carried forward14	€88
Amounts payable17/49	€326
Amounts payable within one year42/48	€326
Taxes, remuneration and social security45	€326
Taxes450/3	€326

Line	2021
Profit (loss) for the period9904	€88
Operating cash flow (approximation)	€88

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

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2022

26-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 57 days late

NBB filing

0 of 3 acts read

About the unread acts

We know of 3 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

3 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, De Panne · 1 establishment unit since 2020

seat establishment The establishment unit on the map

Ground area

2,733 m²

Building footprint

607 m²

Volume, LiDAR

12,508 m³

2 parcels, Flanders, Wallonia · tallest building 26.1 m, ±7 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

BACO BUILDING

Rue Albert Ier,Differt 186, 6780 MessancyRemoval services

since 20202.325.211.348

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
38352D0344/00C000 ProtectedCultural-historical landscapeWesthoekduinenSource ↗	Flanders	2,503 m²	1 · 511 m²	26.1 m · 7 fl.
81023B1547/00B000	Wallonia	230 m²	1 · 96 m²	8.8 m · 2 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification

Legal formPrivate limited company

Founded18-11-2020

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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

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