Summary
BADIGO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €946,149 and a net result of €260,973. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 5565 sector peers (fiscal year 2025). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
20 d early
2023
18 d early
2022
19 d early
2020
31 d late
2019
82 d late
2018
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 oldest company in Kuurne, Finance and insurance sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€946,149▲ 38.1%
2024 · €685,177
Net result
€260,973▲ 46.0%
2024 · €178,714
Total assets
€3.4m▼ 17.6%
2024 · €4.2m
Solvency
27.7%▲ 11.2pp
2024 · 16.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result-€225,534€112,495-€79,461▼ 29.4%-€74,267-€157,534▼ 112%
Net result-€12,820▲ 90.9%€31,912-€2,079▼ 93.5%€178,714▲ 8,498%€260,973▲ 46.0%
Equity€472,472▼ 2.6%€504,384-€506,462▲ 0.4%€685,177▲ 35.3%€946,149▲ 38.1%
Total assets€4.3m▼ 12.8%€4.2m-€4.1m▼ 1.3%€4.2m▲ 1.1%€3.4m▼ 17.6%
Debt€3.8m▼ 13.9%€3.7m-€3.6m▼ 1.6%€3.5m▼ 3.7%€2.5m▼ 28.6%
Working capital-€1.9m▲ 48.1%-€1.9m--€2.0m▼ 5.8%-€1.9m▲ 2.8%-€898,720▲ 53.8%
Solvency11.0%▲ 1.1pp12.1%-12.3%▲ 0.2pp16.5%▲ 4.2pp27.7%▲ 11.2pp
Staff (FTE)7.3▼ 23.2%5-4.9▼ 2.0%3.8▼ 22.4%3.7▼ 2.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €157,534 in 2025 against €74,267 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets
€3.1m ▼ 22.2%
Current assets
€337,221 ▲ 82.4%
Equity and liabilities €3.4m
Equity
€946,149 ▲ 38.1%
Debt
€2.5m ▼ 28.6%
Debt's share of the balance-sheet total falls from 83.5% to 72.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
27.6%▲
2024 · 26.1%
ROA
7.6%▲
2024 · 4.3%
Debt ≤ 1 year
€1.2m▼
2024 · €2.1m
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€348▲
2024 · €333
Staff costs
€237,221▼
2024 · €244,272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,382 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €187,301 | €246,477 | €244,272 | €237,221 | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,216 | €73,353 | €26,322 | €32,665 | €41,266 | ▲ 26.3% |
| Other operating charges640/8 | - | €15,209 | €33,608 | €32,007 | €39,443 | ▲ 23.2% |
| Non-recurring operating charges66A | - | €14,080 | €0 | €191,627 | €261,316 | ▲ 36.4% |
| Gross operating margin9900 | €203,238 | €402,438 | €385,868 | €426,304 | €421,711 | ▼ 1.1% |
| Operating profit (loss)9901 | -€225,534 | €112,495 | €79,461 | -€74,267 | -€157,534 | ▼ 112% |
| Financial income75/76B | - | €3,816 | €1,277 | €351,078 | €625,099 | ▲ 78.1% |
| Recurring financial income75 | €55,288 | €3,816 | €1,277 | €351,078 | €625,099 | ▲ 78.1% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €82,436 | €62,748 | €97,765 | €206,243 | ▲ 111% |
| Recurring financial charges65 | €70,712 | €82,436 | €62,748 | €97,765 | €94,302 | ▼ 3.5% |
| Non-recurring financial charges66B | - | €0 | - | - | €111,942 | - |
| Profit (loss) for the period before taxes9903 | -€6,520 | €33,876 | €17,990 | €179,047 | €261,321 | ▲ 46.0% |
| Income taxes67/77 | €6,300 | €1,964 | €15,912 | €333 | €348 | ▲ 4.8% |
| Profit (loss) for the period9904 | -€12,820 | €31,912 | €2,079 | €178,714 | €260,973 | ▲ 46.0% |
| Profit (loss) for the period to be appropriated9905 | -€12,820 | €31,912 | €2,079 | €178,714 | €260,973 | ▲ 46.0% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.3m | €4.2m | €4.1m | €4.2m | €3.4m | ▼ 17.6% |
| Formation expenses20 | €20,144 | €15,108 | €11,079 | €7,050 | €3,022 | ▼ 57.1% |
| Fixed assets21/28 | €4.0m | €3.9m | €3.9m | €4.0m | €3.1m | ▼ 22.2% |
| Intangible fixed assets21 | €44,979 | €33,734 | €24,739 | €15,743 | €15,649 | ▼ 0.6% |
| Tangible fixed assets22/27 | €306,822 | €259,571 | €281,823 | €319,278 | €315,810 | ▼ 1.1% |
| Land and buildings22 | - | €248,029 | €242,147 | €246,229 | €240,634 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | €688 | €32,088 | €64,987 | €69,115 | ▲ 6.4% |
| Furniture and vehicles24 | - | €10,853 | €7,588 | €8,062 | €6,061 | ▼ 24.8% |
| Financial fixed assets28 | €3.6m | €3.6m | €3.6m | €3.6m | €2.7m | ▼ 24.2% |
| Current assets29/58 | €315,117 | €228,513 | €163,553 | €184,857 | €337,221 | ▲ 82.4% |
| Amounts receivable within one year40/41 | €267,172 | €202,812 | €140,178 | €140,698 | €312,715 | ▲ 122% |
| Trade receivables40 | - | €81,005 | €4,026 | €36,016 | €64,496 | ▲ 79.1% |
| Other amounts receivable41 | - | €121,807 | €136,152 | €104,682 | €248,219 | ▲ 137% |
| Cash at bank and in hand54/58 | €47,946 | €22,377 | €18,690 | €39,617 | €13,148 | ▼ 66.8% |
| Deferred charges and accrued income490/1 | - | €3,324 | €4,684 | €4,542 | €11,358 | ▲ 150% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.3m | €4.2m | €4.1m | €4.2m | €3.4m | ▼ 17.6% |
| Equity10/15 | €472,472 | €504,384 | €506,462 | €685,177 | €946,149 | ▲ 38.1% |
| Contributions10/11 | €236,000 | €236,000 | €236,000 | €236,000 | €236,000 | = |
| Capital10 | - | €236,000 | €236,000 | €236,000 | €236,000 | = |
| Issued capital100 | - | €236,000 | €236,000 | €236,000 | €236,000 | = |
| Reserves13 | €249,292 | €249,292 | €249,292 | €449,177 | €710,149 | ▲ 58.1% |
| Non-distributable reserves130/1 | - | €23,600 | €23,600 | €23,600 | €23,600 | = |
| Legal reserve130 | - | €23,600 | €23,600 | €23,600 | €23,600 | = |
| Tax-exempt reserves132 | - | €17,848 | €17,848 | €17,848 | €17,848 | = |
| Distributable reserves133 | - | €207,843 | €207,843 | €407,728 | €668,701 | ▲ 64.0% |
| Profit (loss) carried forward14 | -€12,820 | €19,092 | €21,171 | €0 | - | - |
| Amounts payable17/49 | €3.8m | €3.7m | €3.6m | €3.5m | €2.5m | ▼ 28.6% |
| Amounts payable after more than one year17 | €1.6m | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 7.8% |
| Financial debts170/4 | - | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 7.8% |
| Amounts payable within one year42/48 | €2.2m | €2.1m | €2.2m | €2.1m | €1.2m | ▼ 41.9% |
| Current portion of amounts payable after more than one year42 | - | €97,491 | €93,378 | €96,876 | €101,978 | ▲ 5.3% |
| Trade debts44 | €77,826 | €60,334 | €19,585 | €18,071 | €63,022 | ▲ 249% |
| Suppliers440/4 | - | €60,334 | €19,585 | €18,071 | €63,022 | ▲ 249% |
| Taxes, remuneration and social security45 | - | €24,759 | €37,168 | €37,354 | €40,328 | ▲ 8.0% |
| Taxes450/3 | - | €1,977 | €12,483 | €1,495 | €1,515 | ▲ 1.3% |
| Remuneration and social security454/9 | - | €22,781 | €24,685 | €35,859 | €38,813 | ▲ 8.2% |
| Other amounts payable47/48 | - | €1.9m | €2.0m | €2.0m | €1.0m | ▼ 47.9% |
| Accrued charges and deferred income492/3 | - | €34,056 | €25,463 | €23,919 | €26,903 | ▲ 12.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,820 | €31,912 | €2,079 | €178,714 | €260,973 | ▲ 46.0% |
| + Depreciation and write-downs630 | €46,216 | €73,353 | €26,322 | €32,665 | €41,266 | ▲ 26.3% |
| Operating cash flow (approximation) | €33,396 | €105,265 | €28,400 | €211,379 | €302,238 | ▲ 43.0% |
| Investment in fixed assets (approximation) | - | - | -€39,578 | -€60,139 | €837,824 | ▲ 1,493% |
| Change in cash | - | - | -€3,687 | €20,927 | -€26,469 | ▼ 226% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2018net €260,973 ▲46%
Net result €260,973, the highest in the series.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €31,912
Net result €31,912 after 2 loss-making years.
31-03
Financial
Equity above €500,000Eq €504,384 ▲6.8%
Equity rises from €472,472 to €504,384.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet -€140,680
Net result drops to -€140,680, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Kuurne · 1 establishment unit since 2016
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.
Koning Leopold III-str. 98520 Kuurne1 establishment unit
BADIGO
since 20162.256.092.613
Structure & network
Owners and holdings
1 owner · 4 holdingsOwners 1
-
45.05%
Holdings 4
-
99.96%
-
99.9%
-
99.73%
-
99.33%
According to the annual accounts to 31-03-2025 of BADIGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 2,504 EUR awarded · 2,504 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 30 EUR | 30 EUR |
| 2024 | 1 | 0 EUR | 30 EUR |
| 2023 | 1 | 297 EUR | 267 EUR |
| 2022 | 2 | 2,177 EUR | 2,177 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,808 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-11-1982
Fiscal year end31-03
Activities, NACEBEL 2025
56210Event catering
64210Activities of holding companies
56111Full-service restaurants
56301Cafés and bars
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423254154
Registered
04-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.