Equity
€181,633 ▲ 112%
Equity rose in 2025 from €85,498 to €181,633.
BADAGO
Lifetime
2 annual accounts with figures on one time axispeak €122,182 (2025)
€122,182▲ 19.8%
peak €96,135 (2025)
€96,135▲ 19.4%
peak €181,633 (2025)
€181,633▲ 112%
€11,690▼ 15.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €102,015 to €122,182Equity from €85,498 to €181,633Debts from €13,908 to €11,690Cash from €94,212 to €188,950
Key points
from the 2025 annual accountsLiquidity
16.54 was 8.20 in 2024
Short-term debts fell from €12,127 to €11,690.
Position in the sector
94.0%
Higher solvency than 94% of companies in legal and accounting. Sector median 56.9% · 16,416 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as BADAGO has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for BADAGO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001823324
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 06-11-2023 · Gazette deed
First establishment
Franz Merjaystraat 117/1er, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BADAGO Ixelles | €193,324 | €122,182 | 94.0% | - |
| A.O. Consultancy Ixelles | €217,493 | €121,742 | 96.0% | - |
| SBELAW Brussels | €211,459 | €130,896 | 83.4% | - |
| Advocatenkantoor Reinout Vrielinck Ixelles | €214,292 | €112,121 | 91.3% | - |
| Henrion Bertard Etterbeek | €200,784 | €127,537 | 92.5% | - |
| Julia Hörnig Legal Brussels | €189,364 | €113,343 | 82.6% | - |
| BXLL Molenbeek-Saint-Jean | €210,026 | €130,868 | 72.2% | - |
These companies have the same main activity as BADAGO: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €189,000 and €217,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 31-10-2023Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.352.060.0571050 Ixelles, since 31-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Annual accounts 2025
- ≈ €210,000estimated
- €193,324▲ 94.5%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on BADAGO
BADAGO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181,633 and a net result of €96,135.
Its solvency ranks better than 94% of 16,416 sector peers (NACE 69, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BADAGO
- What is the company number of BADAGO?
- The company number of BADAGO is 1001.823.324. The VAT number is the same number with BE in front: BE 1001.823.324.
- Where is BADAGO based?
- The registered office is at Franz Merjaystraat 117/1er, 1050 Ixelles.Company details
- What does BADAGO do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of BADAGO?
- BADAGO is a private limited company (BV).
- When was BADAGO founded?
- BADAGO was founded on 31-10-2023.
- Is BADAGO still active?
- Yes, BADAGO is an active enterprise in the KBO register.
- What is the turnover of BADAGO?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €122,182 and 38 comparable companies (NACE 691). It probably lies between €170,000 and €320,000.Financials
- Is BADAGO profitable?
- In financial year 2025, BADAGO made a profit of €96,135.
- Where can I find the annual accounts of BADAGO?
- BADAGO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BADAGO due?
- BADAGO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.