BAELE- CHERPADVI
ActiveThe annual accounts of BAELE- CHERPADVI for fiscal year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-10k. Equity is shrinking by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 4575 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (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
Profitability0▼-47
Solvency41▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.53 against 0.8 in 2024; short-term debt: 71.4% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
16.3%
Return on assets
-18.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-02-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
1 d late
2023
4 d early
2022
1 d early
2021
2 d early
2020
1 d early
2019
3 d late
← 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€7k
EBIT margin
-65.4%
Net result
€-10k
2024 · €2k
2019: €6k
2020: €3k
2021: €3k
2022: €-21k
2023: €7k
2024: €2k
2019 → 2025
Working capital
€-18k▼ 140%
2024 · €-7k
2019: €24k
2020: €18k
2021: €17k
2022: €-8k
2023: €-5k
2024: €-7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7k
Equity€30k-€9k▼ 69.3%€16k▲ 75.9%€19k▲ 14.8%€9k▼ 53.6%
Operating result€6k-€-14k€13k€8k▼ 40.6%€-4k
Net result€3k-€-21k€7k€2k▼ 65.7%€-10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€33k=
Current assets
€20k▼ 33.1%
Equity and liabilities €54k
Equity
€9k▼ 53.6%
Debt
€45k=
The debt ratio rises from 70.4% to 83.7%. Equity is lower.
Key figures and ratios
Solvency
16.3%▼
2024 · 29.6%
Current ratio
0.53▼
2024 · 0.80
Quick ratio
0.47▼
2024 · 0.55
Debt / equity
5.14▲
2024 · 2.38
ROE
-115.7%▼
2024 · 12.9%
ROA
-18.9%▼
2024 · 3.8%
Debt
€45k=
2024 · €45k
Debt ≤ 1 year
€38k▲
2024 · €38k
Debt > 1 year
€7k=
2024 · €7k
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€64k€54k▼
Fixed assets21/28€33k€33k=
Tangible fixed assets22/27€33k€33k=
Land and buildings22€33k€33k=
Current assets29/58€31k€20k▼
Stocks and contracts in progress3€10k€3k▼
Contracts in progress37€10k€3k▼
Amounts receivable within one year40/41€21k€18k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€13k€13k=
Equity and liabilities
Total equity and liabilities10/49€64k€54k▼
Equity10/15€19k€9k▼
Contributions10/11€117k€117k=
Capital10€117k€117k=
Issued capital100€117k€117k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-100k€-110k▼
Amounts payable17/49€45k€45k=
Amounts payable after more than one year17€7k€7k=
Financial debts170/4€7k€7k=
Amounts payable within one year42/48€38k€38k▲
Current portion of amounts payable after more than one year42€5k€5k=
Financial debts43€31k€33k▲
Credit institutions430/8€31k€33k▲
Trade debts44€2k-
Suppliers440/4€2k-
Accrued charges and deferred income492/3€303-
Income statement
Code20242025
Turnover70-€7k
Goods, raw materials, services and sundry goods60/61-€10k
Other operating charges640/8€881€658▼
Gross operating margin9900€9k€-4k▼
Operating profit (loss)9901€8k€-4k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€2k▼
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€2k€-10k▼
Profit (loss) for the period9904€2k€-10k▼
Transfer from tax-exempt reserves789€0-
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€2k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-100k€-110k▼
Profit (loss) brought forward from the previous period14P€-102k€-100k▲
The notes to these accounts (3 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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
01-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-21k ▼710%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
07-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aalst · 1 establishment unit since 1989
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.
Hoogstraat 749308 AalstGround area
2,345 m²
Building footprint
941 m²
Volume, LiDAR
3,538 m³
2 parcels, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 19892.044.933.907
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0355/00E000 | Flanders | 1,658 m² | 1 · 785 m² | 15.8 m · 1 fl. |
| 23091C0473/00C000 | Flanders | 687 m² | 1 · 155 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 89 EUR awarded · 89 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 89 EUR | 89 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 3,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-1989
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.