BADUK
ActiveSummary
BADUK has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €143k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+3
Solvency69▼-31
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.46 against 2.11 in 2024; short-term debt: 56.4% and cash: 24.5% of total assets), and 56.4% of the assets are financed with debt.
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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
43.6%
Return on assets
61.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-03-2026, 127 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
127 d early
2024
122 d early
2023
26 d early
2022
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€143k▲ 129%
2024 · €62k
2022: €56klowest in 4 years
2023: €106k▲ +90.4% vs 2022
2024: €62k▼ -40.9% vs 2023
2025: €143k▲ +129% vs 2024highest in 4 years
2022 → 2025
Working capital
€-70k
2024 · €55k
2022: €-3k
2023: €63k▲ +1906% vs 2022highest in 4 years
2024: €55k▼ -11.6% vs 2023
2025: €-70k▼ -226% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€60k-€165k▲ 178%€228k▲ 37.8%€101k▼ 55.7%
2022: €60klowest in 4 years
2023: €165k▲ +178% vs 2022
2024: €228k▲ +37.8% vs 2023highest in 4 years
2025: €101k▼ -55.7% vs 2024
Operating result€74k-€144k▲ 94.2%€93k▼ 35.7%€117k▲ 26.4%
2022: €74klowest in 4 years
2023: €144k▲ +94.2% vs 2022highest in 4 years
2024: €93k▼ -35.7% vs 2023
2025: €117k▲ +26.4% vs 2024
Net result€56k-€106k▲ 90.4%€62k▼ 40.9%€143k▲ 129%
2022: €56klowest in 4 years
2023: €106k▲ +90.4% vs 2022
2024: €62k▼ -40.9% vs 2023
2025: €143k▲ +129% vs 2024highest in 4 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€171k ▼ 0.9%
Current assets
€61k ▼ 42.7%
Equity and liabilities €231k
Equity
€101k ▼ 55.7%
Debt
€131k ▲ 161%
Debt's share of the balance-sheet total rises from 18.0% to 56.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€119k▲
2024 · €95k
Cash flow
€145k▲
2024 · €65k
Current ratio
0.46▼
2024 · 2.11
Debt to equity
1.29▲
2024 · 0.22
ROE
141.7%▲
2024 · 27.4%
ROA
61.8%▲
2024 · 22.5%
Interest coverage
39.84▲
2024 · 8.63
Debt ≤ 1 year
€131k▲
2024 · €50k
Income taxes
€29k▲
2024 · €21k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€278k€231k▼
Fixed assets21/28€172k€171k▼
Tangible fixed assets22/27€2k€934▼
Furniture and vehicles24€2k€934▼
Financial fixed assets28€170k€170k=
Current assets29/58€106k€61k▼
Amounts receivable after more than one year29€53k-
Other amounts receivable291€53k-
Amounts receivable within one year40/41-€4k
Trade receivables40-€3k
Other amounts receivable41-€761
Cash at bank and in hand54/58€52k€57k▲
Deferred charges and accrued income490/1€335€99▼
Equity and liabilities
Total equity and liabilities10/49€278k€231k▼
Equity10/15€228k€101k▼
Contributions10/11€4k€4k=
Reserves13€224k€97k▼
Distributable reserves133€224k€97k▼
Profit (loss) carried forward14€25€48▲
Amounts payable17/49€50k€131k▲
Amounts payable within one year42/48€50k€131k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€31k€20k▼
Taxes450/3€31k€20k▼
Other amounts payable47/48€18k€108k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8-€400
Gross operating margin9900€95k€119k▲
Operating profit (loss)9901€93k€117k▲
Financial income75/76B€2k€58k▲
Recurring financial income75€2k€58k▲
Financial charges65/66B€11k€3k▼
Recurring financial charges65€11k€3k▼
Profit (loss) for the period before taxes9903€84k€172k▲
Income taxes67/77€21k€29k▲
Profit (loss) for the period9904€62k€143k▲
Profit (loss) for the period to be appropriated9905€62k€143k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€143k▲
Profit (loss) brought forward from the previous period14P€92€25▼
Transfer from equity791/2-€170k
Transfer to equity691/2€63k€43k▼
To other reserves6921€63k€43k▼
Profit to be distributed694/7-€270k
Return on contributions (dividend)694-€270k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €298 | €2k | €2k | €1k | ▼ 33.3% |
| Other operating charges640/8 | - | €242 | - | €400 | - |
| Gross operating margin9900 | €74k | €146k | €95k | €119k | ▲ 25.4% |
| Operating profit (loss)9901 | €74k | €144k | €93k | €117k | ▲ 26.4% |
| Financial income75/76B | €199 | €900 | €2k | €58k | ▲ 2,846% |
| Recurring financial income75 | €199 | €900 | €2k | €58k | ▲ 2,846% |
| Financial charges65/66B | - | €4k | €11k | €3k | ▼ 72.9% |
| Recurring financial charges65 | - | €4k | €11k | €3k | ▼ 72.9% |
| Profit (loss) for the period before taxes9903 | €74k | €141k | €84k | €172k | ▲ 106% |
| Income taxes67/77 | €19k | €35k | €21k | €29k | ▲ 38.2% |
| Profit (loss) for the period9904 | €56k | €106k | €62k | €143k | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | €56k | €106k | €62k | €143k | ▲ 129% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €329k | €332k | €278k | €231k | ▼ 16.7% |
| Fixed assets21/28 | €171k | €175k | €172k | €171k | ▼ 0.9% |
| Tangible fixed assets22/27 | €1k | €5k | €2k | €934 | ▼ 61.6% |
| Furniture and vehicles24 | €1k | €5k | €2k | €934 | ▼ 61.6% |
| Financial fixed assets28 | €170k | €170k | €170k | €170k | = |
| Current assets29/58 | €158k | €157k | €106k | €61k | ▼ 42.7% |
| Amounts receivable after more than one year29 | €17k | €35k | €53k | - | - |
| Other amounts receivable291 | €17k | €35k | €53k | - | - |
| Amounts receivable within one year40/41 | €101k | €70k | - | €4k | - |
| Trade receivables40 | - | €69k | - | €3k | - |
| Other amounts receivable41 | €101k | €1k | - | €761 | - |
| Cash at bank and in hand54/58 | €40k | €53k | €52k | €57k | ▲ 9.6% |
| Deferred charges and accrued income490/1 | - | - | €335 | €99 | ▼ 70.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €329k | €332k | €278k | €231k | ▼ 16.7% |
| Equity10/15 | €60k | €165k | €228k | €101k | ▼ 55.7% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Reserves13 | €56k | €161k | €224k | €97k | ▼ 56.7% |
| Distributable reserves133 | €56k | €161k | €224k | €97k | ▼ 56.7% |
| Profit (loss) carried forward14 | €80 | €92 | €25 | €48 | ▲ 90.9% |
| Amounts payable17/49 | €269k | €167k | €50k | €131k | ▲ 161% |
| Amounts payable after more than one year17 | €108k | €72k | - | - | - |
| Other amounts payable178/9 | €108k | €72k | - | - | - |
| Amounts payable within one year42/48 | €161k | €95k | €50k | €131k | ▲ 161% |
| Trade debts44 | €20 | €556 | €1k | €3k | ▲ 135% |
| Suppliers440/4 | €20 | €556 | €1k | €3k | ▲ 135% |
| Taxes, remuneration and social security45 | €24k | €55k | €31k | €20k | ▼ 35.2% |
| Taxes450/3 | €24k | €53k | €31k | €20k | ▼ 35.2% |
| Remuneration and social security454/9 | - | €1k | - | - | - |
| Other amounts payable47/48 | €137k | €39k | €18k | €108k | ▲ 498% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56k | €106k | €62k | €143k | ▲ 129% |
| + Depreciation and write-downs630 | €298 | €2k | €2k | €1k | ▼ 33.3% |
| Operating cash flow (approximation) | €56k | €108k | €65k | €145k | ▲ 123% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €0 | - |
| Change in cash | - | €13k | €-786 | €5k | ▲ 734% |
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
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2022net €143k ▲129%
Net result €143k, the highest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €200kEq €228k ▲37.8%
3 profitable years in a row build equity to €228k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €165k ▲178%
2 profitable years in a row build equity to €165k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gembloux · 1 establishment unit since 2022
Ground area
616 m²
Building footprint
284 m²
Volume, LiDAR
4,316 m³
2 parcels, Brussels, Wallonia · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BADUK
since 20222.326.444.733
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0514/00V003 | Brussels | 451 m² | 1 · 284 m² | 20.7 m · 6 fl. |
| 92253D0390/00N000 | Wallonia | 165 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,609 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Contact
E-mail
tom.huppertz@protonmail.com
Scores and ratios are computed by Checked and are not a credit decision.