BADAEK'S BUILDING
ActiveBADAEK'S BUILDING has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479k and a net result of €178k. Equity is growing by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-48
Solvency64▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days only on tighter terms
Liquidity ample (current ratio 2.68 against 1.92 in 2024; short-term debt: 31.3% and cash: 1.3% of total assets), but 61.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
38.7%
Return on assets
14.4%
Age of the figures
15 mo
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 · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-05-2026, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
97 d late
2024
3 d late
2023
69 d late
2022
62 d late
2021
23 d late
2020
43 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€178k▲ 10.9%
2024 · €160k
2019: €5k
2020: €11k
2021: €21k
2022: €133k
2023: €-47k
2024: €160k
2019 → 2025
Working capital
€650k▲ 34.9%
2024 · €482k
2019: €45k
2020: €50k
2021: €29k
2022: €171k
2023: €330k
2024: €482k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€217k▲ 157%€141k▼ 35.1%€301k▲ 114%€479k▲ 59.0%
Operating result€36k-€186k▲ 413%€-42k€243k€-103k
Net result€21k-€133k▲ 522%€-47k€160k€178k▲ 10.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €103k after €243k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€200k▲ 6.7%
Current assets
€1.04M▲ 2.8%
Equity and liabilities €1.24M
Equity
€479k▲ 59.0%
Debt
€758k▼ 15.3%
The debt ratio falls from 74.8% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-96k▼
2024 · €248k
Cash flow
€185k▲
2024 · €165k
Solvency
38.7%▲
2024 · 25.2%
Current ratio
2.68▲
2024 · 1.92
Quick ratio
2.59▲
2024 · 1.92
Debt / equity
1.58▼
2024 · 2.97
ROE
37.1%▼
2024 · 53.2%
ROA
14.4%▲
2024 · 13.4%
Interest coverage
-3.96▼
2024 · 11.48
Debt
€758k▼
2024 · €895k
Debt ≤ 1 year
€387k▼
2024 · €527k
Debt > 1 year
€371k▲
2024 · €368k
Income taxes
€589▼
2024 · €66k
Staff costs
€339k▼
2024 · €378k
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€1.20M€1.24M▲
Fixed assets21/28€187k€200k▲
Tangible fixed assets22/27€181k€193k▲
Land and buildings22€174k€174k=
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€3k€6k▲
Other tangible fixed assets26-€11k
Financial fixed assets28€6k€6k=
Current assets29/58€1.01M€1.04M▲
Stocks and contracts in progress3-€36k
Stocks30/36-€36k
Amounts receivable within one year40/41€976k€985k▲
Trade receivables40€697k€517k▼
Other amounts receivable41€279k€468k▲
Cash at bank and in hand54/58€33k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.24M▲
Equity10/15€301k€479k▲
Contributions10/11€19k€20k▲
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€280k€458k▲
Amounts payable17/49€895k€758k▼
Amounts payable after more than one year17€368k€371k▲
Financial debts170/4€368k€371k▲
Amounts payable within one year42/48€527k€387k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€435k€268k▼
Suppliers440/4€435k€268k▼
Taxes, remuneration and social security45€72k€99k▲
Taxes450/3€59k€73k▲
Remuneration and social security454/9€13k€26k▲
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3€220-
Income statement
Code20242025
Remuneration, social security and pensions62€378k€339k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€30k€9k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€656k€253k▼
Operating profit (loss)9901€243k€-103k▼
Financial income75/76B€5k€306k▲
Recurring financial income75€5k€414▼
Non-recurring financial income76B-€305k
Financial charges65/66B€22k€24k▲
Recurring financial charges65€22k€24k▲
Non-recurring financial charges66B-€41
Profit (loss) for the period before taxes9903€226k€178k▼
Income taxes67/77€66k€589▼
Profit (loss) for the period9904€160k€178k▲
Profit (loss) for the period to be appropriated9905€160k€178k▲
Appropriation of the result
Profit (loss) to be appropriated9906€280k€458k▲
Profit (loss) brought forward from the previous period14P€120k€280k▲
The notes to these accounts (6 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
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 97 days late
2025
30-06
Financial
Highest result since 2019net €178k ▲10.9%
Net result €178k, the highest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
30-06
Financial
Back to profitnet €160k
Net result €160k after one loss-making year.
30-06
Financial
Equity above €200kEq €301k ▲114%
Equity rises from €141k to €301k.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 69 days late
2023
30-06
Financial
Weakest financial yearnet €-47k ▼136%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 62 days late
2022
30-06
Financial
Equity above €200kEq €217k ▲157%
4 profitable years in a row build equity to €217k.
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 43 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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, Schaarbeek · 1 establishment unit since 2013
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.
Frédéric Pelletierstraat 41030 SchaarbeekGround area
81 m²
Building footprint
72 m²
Volume, LiDAR
1,179 m³
Parcel 21911C0144/00B006, Brussels · tallest building 18.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Frédéric Pelletierstraat 4, 1030 Schaarbeek
since 20132.219.416.418
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0144/00B006 | Brussels | 81 m² | 1 · 72 m² | 18.4 m · 6 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.
Recognitions · licences · registrations
Recognised contractor
12 categoriesBADAEK'S BUILDING SRL40296
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AGRITERRASSEMENT
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2013
Fiscal year end30-06
Activities, NACEBEL
43120Site preparation
43331Floor and wall tiling
43230Insulation installation
43291Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.