BADE
ActiveSummary
BADE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-9k. Equity is shrinking by ~243% per year across the filed fiscal years. Its solvency ranks better than 9% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▲+1
Solvency21▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 0.72 in 2024; short-term debt: 104.3% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-4.3%
Return on assets
-7.5%
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
3 d late
2023
15 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-5k
2024 · €4k
2023: €20k
2024: €4k
2023 → 2025
Total assets
€119k▼ 36.1%
2024 · €186k
2023: €205k
2024: €186k
2023 → 2025
Net result
€-9k▲ 43.2%
2024 · €-16k
2023: €-19k
2024: €-16k
2023 → 2025
Working capital
€-10k▲ 80.4%
2024 · €-51k
2023: €-37k
2024: €-51k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€4k▼ 80.3%€-5k
Operating result€-22k-€-14k▲ 33.8%€-9k▲ 38.0%
Net result€-19k-€-16k▲ 16.1%€-9k▲ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€5k ▼ 91.0%
Current assets
€114k ▼ 13.2%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-11k
Cash flow
€-5k▲
2024 · €-12k
Solvency
-4.3%▼
2024 · 2.1%
Current ratio
0.92▲
2024 · 0.72
Debt to equity
-24.43▼
2024 · 47.13
ROA
-7.5%▲
2024 · -8.5%
Interest coverage
-4.35▲
2024 · -8.40
Debt
€124k▼
2024 · €183k
Debt ≤ 1 year
€124k▼
2024 · €183k
Income taxes
€162▼
2024 · €171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€119k▼
Fixed assets21/28€55k€5k▼
Tangible fixed assets22/27€5k€5k▲
Furniture and vehicles24€5k€5k▲
Financial fixed assets28€50k€0▼
Current assets29/58€132k€114k▼
Stocks and contracts in progress3€436€0▼
Stocks30/36€436€0▼
Amounts receivable within one year40/41€112k€112k▲
Trade receivables40€89k€112k▲
Other amounts receivable41€23k€0▼
Cash at bank and in hand54/58€1k€42▼
Deferred charges and accrued income490/1€18k€2k▼
Equity and liabilities
Total equity and liabilities10/49€186k€119k▼
Equity10/15€4k€-5k▼
Contributions10/11€11k€11k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-25k€-34k▼
Amounts payable17/49€183k€124k▼
Amounts payable within one year42/48€183k€124k▼
Trade debts44€30€16k▲
Suppliers440/4€30€16k▲
Advances received on contracts in progress46€4k€0▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€680€0▼
Other amounts payable47/48€175k€99k▼
Accrued charges and deferred income492/3-€12
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€980€1k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€-8k€-4k▲
Operating profit (loss)9901€-14k€-9k▲
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€1k▼
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€-16k€-9k▲
Income taxes67/77€171€162▼
Profit (loss) for the period9904€-16k€-9k▲
Profit (loss) for the period to be appropriated9905€-16k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-34k▼
Profit (loss) brought forward from the previous period14P€-9k€-25k▼
The notes to these accounts (11 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
NBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Malle · 1 establishment unit since 2011
Ground area
678 m²
Building footprint
124 m²
Volume, LiDAR
635 m³
Parcel 11032A0425/00T000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bade
since 20112.205.590.156
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032A0425/00T000 | Flanders | 678 m² | 1 · 124 m² | 8.3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 486 EUR awarded · 486 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 486 EUR | 486 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
2549009H8XH74USS9611
Similar companies · same sector, comparable size
D+D
BE 0423.125.579
Charleroi · Eq €3,879
IR. ARCHITECT FRÉDÉRIQUE LIPPENS
BE 0740.460.089
Antwerpen · Eq €3,879
BuroCubic Architects
BE 0825.548.390
Zaventem · Eq €3,887
Charlotte Minnaert Architectuur
BE 0738.495.444
Hasselt · Eq €3,855
LEMMENS ARCHITECTUUR EN URBANISME
BE 0461.066.338
Brussel · Eq €3,892
Of 18,255 companies in sector 71111 we hold annual accounts for 6,323. 1,885 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2011
Fiscal year end30-06
Activities, NACEBEL 2025
71111Activities of building architects
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.