BACOTTERIE
ActiveBACOTTERIE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.74M and a net result of €-306k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 71% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-15
Solvency83▲+1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.52 in 2024; short-term debt: 19.3% and cash: 25.7% of total assets), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
1 d early
2023
4 d early
2022
4 d early
2021
2 d early
2020
2 d early
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 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.74M▼ 10.0%
2024 · €3.05M
2019: €3.19M
2020: €3.23M
2021: €3.20M
2022: €2.82M
2023: €3.00M
2024: €3.05M
2019 → 2025
Total assets
€4.75M▼ 10.4%
2024 · €5.31M
2019: €4.77M
2020: €4.93M
2021: €5.29M
2022: €4.96M
2023: €6.11M
2024: €5.31M
2019 → 2025
Net result
€-306k
2024 · €300k
2019: €-168k
2020: €46k
2021: €-29k
2022: €-383k
2023: €178k
2024: €300k
2019 → 2025
Working capital
€1.70M▼ 4.4%
2024 · €1.77M
2019: €809k
2020: €1.06M
2021: €1.23M
2022: €990k
2023: €1.32M
2024: €1.77M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.20M-€2.82M▼ 12.0%€3.00M▲ 6.3%€3.05M▲ 1.7%€2.74M▼ 10.0%
Operating result€37k-€214k▲ 484%€223k▲ 3.8%€297k▲ 33.5%€-94k
Net result€-29k-€-383k▼ 1,218%€178k€300k▲ 68.4%€-306k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €94k after €297k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.75M
Fixed assets
€2.14M▼ 9.7%
Current assets
€2.61M▼ 11.1%
Equity and liabilities €4.75M
Equity
€2.74M▼ 10.0%
Debt
€2.01M▼ 11.0%
The debt ratio falls from 42.6% to 42.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €486k
Cash flow
€-171k▼
2024 · €489k
Solvency
57.7%▲
2024 · 57.4%
Current ratio
2.85▲
2024 · 2.52
Quick ratio
1.56▼
2024 · 1.64
Debt / equity
0.73▼
2024 · 0.74
ROE
-11.2%▼
2024 · 9.8%
ROA
-6.4%▼
2024 · 5.7%
Interest coverage
6.36▼
2024 · 27.54
Debt
€2.01M▼
2024 · €2.26M
Debt ≤ 1 year
€915k▼
2024 · €1.16M
Debt > 1 year
€1.08M=
2024 · €1.08M
Income taxes
€211k
Staff costs
€6k▼
2024 · €6k
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€5.31M€4.75M▼
Fixed assets21/28€2.37M€2.14M▼
Tangible fixed assets22/27€2.37M€2.14M▼
Land and buildings22€2.32M€2.10M▼
Plant, machinery and equipment23€13k€7k▼
Furniture and vehicles24€36k€34k▼
Current assets29/58€2.94M€2.61M▼
Stocks and contracts in progress3€1.03M€1.18M▲
Stocks30/36€1.03M€1.18M▲
Amounts receivable within one year40/41€938k€141k▼
Trade receivables40€7k€6k▼
Other amounts receivable41€931k€135k▼
Cash at bank and in hand54/58€905k€1.22M▲
Deferred charges and accrued income490/1€65k€66k▲
Equity and liabilities
Total equity and liabilities10/49€5.31M€4.75M▼
Equity10/15€3.05M€2.74M▼
Contributions10/11€3.08M€3.08M=
Reserves13€32k€32k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€-59k€-366k▼
Amounts payable17/49€2.26M€2.01M▼
Amounts payable after more than one year17€1.08M€1.08M=
Other amounts payable178/9€1.08M€1.08M=
Amounts payable within one year42/48€1.16M€915k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€192k€21k▼
Suppliers440/4€192k€21k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€940€1k▲
Other amounts payable47/48€968k€893k▼
Accrued charges and deferred income492/3€17k€17k▲
Income statement
Code20242025
Non-recurring operating income76A€342k€47k▼
Remuneration, social security and pensions62€6k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€135k▼
Other operating charges640/8€24k€32k▲
Gross operating margin9900€517k€78k▼
Operating profit (loss)9901€297k€-94k▼
Financial income75/76B€21k€6k▼
Recurring financial income75€21k€6k▼
Financial charges65/66B€18k€6k▼
Recurring financial charges65€18k€6k▼
Profit (loss) for the period before taxes9903€300k€-95k▼
Income taxes67/77-€211k
Profit (loss) for the period9904€300k€-306k▼
Profit (loss) for the period to be appropriated9905€300k€-306k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-366k▼
Profit (loss) brought forward from the previous period14P€-359k€-59k▲
Social balance
Average headcount (FTE)90870.10.1=
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
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €300k ▲68.4%
Operating result €297k, net result €300k, both a record.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €178k
Net result €178k after 2 loss-making years.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-383k
Net result drops to €-383k, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
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
7 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, Kortrijk · 1 establishment unit since 1991
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.
Waterven(Heu) 38501 KortrijkGround area
2,251 m²
Building footprint
1,004 m²
Volume, LiDAR
5,486 m³
Parcel 34016C1049/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bacotterie
since 19912.052.880.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C1049/00E000 | Flanders | 2,251 m² | 1 · 1,004 m² | 7.2 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.
Similar companies · same sector, comparable size
Tallévis
BE 0421.261.003
Avelgem · Eq €2.74M
ACLAGRO PROJECTS
BE 0877.700.540
Gent · Eq €2.73M
A.D. REALISATIONS
BE 0458.781.393
Chaudfontaine · Eq €2.73M
R.V.S. VASTGOED
BE 0888.016.390
Brasschaat · Eq €2.73M
QUEEN TOWERS
BE 0644.684.863
Antwerpen · Eq €2.72M
Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 2,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-1991
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
95319Other maintenance and repair of motor vehicles
68122Development of non-residential building projects
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45401
45402
46730Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
70111
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
74142
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.