Equity
-€75,702
Debts exceed assets in financial year 2024.
BAELEN JOËL
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001peak €277,105 (2016)
-€5,768▼ €17,006
lowest -€50,666 (2019)
-€13,036▼ €11,582
peak €70,247 (2012)
-€75,702▼ €13,036
€82,317▲ 1.3%
peak 7.3 FTE (2007)
-not published
Board3 names since 2018
1 director
Documentsfilings and deeds
30-07-20251 day before the deadline
2024micro format
Gross margin from €11,238 to -€5,768Loss of €13,036Equity from -€62,666 to -€75,702Cash from €6,770 to €1,954
Key points
from the 2024 annual accountsLosses
-€126,595 in eight years
Every financial year from 2017 to 2024 closed with a loss. 2019 was the heaviest.
Debts
€82,317 1,244% of the balance sheet
Suppliers 11%Taxes and wages 75%Other 14%
Filings
24 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 joined · 1 left
Board changed. Latest change 02-10-2026 · 1 in office.
Position in the sector
-1144.3%
Lower solvency than 95% of companies in construction of buildings. Sector median 42.3% · 9,880 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as BAELEN JOËL has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 6,618 companies, not a prediction for BAELEN JOËL. 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 office moved from Rumes to Tournai
New registered office: Grand Chemin 69, 7531 Tournai · Previous registered office: Rue du Toupet 9, 7611 Rumes (La Glanerie) · Appointment: (director) · General meeting of 02-10-2026 · Gazette deed
Resignation: (director)
General meeting of 31-03-2022 · Gazette deed
Appointment: (manager)
Gazette deed
First establishment
Rue du Toupet 9, Rumes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAELEN JOËL Tournai | €6,616 | -€5,768 | -1144.3% | - |
| A.C.V. ENTREPRISE GENERALE Saint-Ghislain | €5,801 | -€1,220 | -156.8% | - |
| S.P.S. TEAM Sint-Genesius-Rode | €7,024 | -€15,110 | -223.5% | - |
| LAM CONSTRUCT Genappe | €5,611 | -€2,357 | -901.9% | - |
| B&C II Tielt-Winge | €7,659 | €965 | -148.5% | - |
| 't Notedopje Malle | €7,997 | -€583 | -1520.6% | - |
| BOUWWERK ANTIM Herselt | €4,779 | -€37,587 | -40.0% | - |
These companies have the same main activity as BAELEN JOËL: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €4,780 and €8,000, founded between 1996 and 2003.
Official details
Source: KBO- Status
- Active since 04-10-2000Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.131.414.7517611 Rumes, since 26-10-2000
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on BAELEN JOËL
BAELEN JOËL files the micro format. That format states no turnover. The gross margin fell from €238,238 in 2006 to -€5,768 in 2024.
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 BAELEN JOËL
- What is the company number of BAELEN JOËL?
- The company number of BAELEN JOËL is 0472.932.210. The VAT number is the same number with BE in front: BE 0472.932.210.
- Where is BAELEN JOËL based?
- The registered office is at Grand Chemin 69, 7531 Tournai.Company details
- What does BAELEN JOËL do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BAELEN JOËL?
- BAELEN JOËL is a private limited company (pre-2019) (BVBA).
- When was BAELEN JOËL founded?
- BAELEN JOËL was founded on 04-10-2000.
- Is BAELEN JOËL still active?
- Yes, BAELEN JOËL is an active enterprise in the KBO register.
- How many employees does BAELEN JOËL have?
- BAELEN JOËL had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of BAELEN JOËL?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
- Is BAELEN JOËL profitable?
- In financial year 2024, BAELEN JOËL made a loss of €13,036.
- Where can I find the annual accounts of BAELEN JOËL?
- BAELEN JOËL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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 trust this company with building work.Contractor check 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 how customers, suppliers and banks see your own company and what to improve first.