BAEMI
ActiveSummary
The computed 12-month bankruptcy probability of BAEMI is 8.3% (elevated). For BAEMI, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €126 and a net result of -€2,639. Equity is shrinking by ~25% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2023. The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability5▲+5
Solvency26▼-6
Growth58▲+26
Track record92
Bankruptcy probability, 12 months
8.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
0.5%
Return on assets
-11.5%
Age of the figures
45 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
92 d late
2020
89 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 76 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2022, micro schema
Equity
€126▼ 95.4%
2021 · €2,766
Total assets
€22,991▼ 42.4%
2021 · €39,920
Net result
-€2,639▲ 74.2%
2021 · -€10,217
Working capital
-€513
2021 · €2,016
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€1,530-€2,327€3,055▲ 31.3%-€8,215-€64▲ 99.2%
Net result-€3,101-€727€781▲ 7.4%-€10,217-€2,639▲ 74.2%
Equity€11,474-€12,201▲ 6.3%€12,982▲ 6.4%€2,766▼ 78.7%€126▼ 95.4%
Total assets€35,379-€42,889▲ 21.2%€48,376▲ 12.8%€39,920▼ 17.5%€22,991▼ 42.4%
Debt€23,905-€30,688▲ 28.4%€35,394▲ 15.3%€37,154▲ 5.0%€22,865▼ 38.5%
Working capital€10,492-€10,672▲ 1.7%€11,988▲ 12.3%€2,016▼ 83.2%-€513
Staff (FTE)11=1=1=
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 €64 in 2022 against €8,215 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €22,991
Fixed assets
€639 ▼ 14.8%
Current assets
€22,352 ▼ 42.9%
Equity and liabilities €22,991
Equity
€126 ▼ 95.4%
Debt
€22,865 ▼ 38.5%
Debt's share of the balance-sheet total rises from 93.1% to 99.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47▲
2021 · -€7,970
Cash flow
-€2,528▲
2021 · -€9,972
Current ratio
0.98▼
2021 · 1.05
Quick ratio
0.19▲
2021 · 0.11
ROA
-11.5%▲
2021 · -25.6%
Interest coverage
0.02▲
2021 · -3.98
Debt ≤ 1 year
€22,865▼
2021 · €37,154
Staff costs
€5,622▼
2021 · €23,337
Equity ratios withheld: equity of €126 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €23,337 | €5,622 | ▼ 75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €424 | €452 | €535 | €244 | €111 | ▼ 54.5% |
| Other operating charges640/8 | - | - | - | €2,348 | €658 | ▼ 72.0% |
| Gross operating margin9900 | -€818 | €26,658 | €32,055 | €17,715 | €6,327 | ▼ 64.3% |
| Operating profit (loss)9901 | -€1,530 | €2,327 | €3,055 | -€8,215 | -€64 | ▲ 99.2% |
| Financial income75/76B | - | - | - | €0 | €42 | ▲ 9,971% |
| Recurring financial income75 | €0 | €13 | €0 | €0 | €42 | ▲ 9,971% |
| Financial charges65/66B | - | - | - | €2,002 | €2,618 | ▲ 30.7% |
| Recurring financial charges65 | €1,571 | €1,612 | €2,274 | €2,002 | €2,618 | ▲ 30.7% |
| Profit (loss) for the period before taxes9903 | -€3,101 | €727 | €781 | -€10,217 | -€2,639 | ▲ 74.2% |
| Profit (loss) for the period9904 | -€3,101 | €727 | €781 | -€10,217 | -€2,639 | ▲ 74.2% |
| Profit (loss) for the period to be appropriated9905 | -€3,101 | €727 | €781 | -€10,217 | -€2,639 | ▲ 74.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,379 | €42,889 | €48,376 | €39,920 | €22,991 | ▼ 42.4% |
| Fixed assets21/28 | €982 | €1,530 | €994 | €750 | €639 | ▼ 14.8% |
| Tangible fixed assets22/27 | €982 | €1,530 | €994 | €750 | €639 | ▼ 14.8% |
| Other tangible fixed assets26 | - | - | - | €750 | €639 | ▼ 14.8% |
| Current assets29/58 | €34,397 | €41,359 | €47,382 | €39,170 | €22,352 | ▼ 42.9% |
| Stocks and contracts in progress3 | €30,882 | €37,691 | €37,412 | €34,998 | €18,052 | ▼ 48.4% |
| Stocks30/36 | - | - | - | €34,998 | €18,052 | ▼ 48.4% |
| Amounts receivable within one year40/41 | €1,532 | €1,128 | €3,602 | €1,084 | €94 | ▼ 91.3% |
| Trade receivables40 | - | - | - | €57 | - | - |
| Other amounts receivable41 | - | - | - | €1,027 | €94 | ▼ 90.8% |
| Cash at bank and in hand54/58 | €1,983 | €2,018 | €5,845 | €2,471 | €4,205 | ▲ 70.2% |
| Deferred charges and accrued income490/1 | - | - | - | €618 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,379 | €42,889 | €48,376 | €39,920 | €22,991 | ▼ 42.4% |
| Equity10/15 | €11,474 | €12,201 | €12,982 | €2,766 | €126 | ▼ 95.4% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€7,076 | -€6,349 | -€5,568 | -€15,784 | -€18,424 | ▼ 16.7% |
| Amounts payable17/49 | €23,905 | €30,688 | €35,394 | €37,154 | €22,865 | ▼ 38.5% |
| Amounts payable within one year42/48 | €23,905 | €30,688 | €35,394 | €37,154 | €22,865 | ▼ 38.5% |
| Trade debts44 | €2,961 | €3,113 | €5,370 | €3,195 | €1,183 | ▼ 63.0% |
| Suppliers440/4 | - | - | - | €3,195 | €1,183 | ▼ 63.0% |
| Taxes, remuneration and social security45 | - | - | - | €2,556 | €1,150 | ▼ 55.0% |
| Taxes450/3 | - | - | - | €44 | - | - |
| Remuneration and social security454/9 | - | - | - | €2,511 | €1,150 | ▼ 54.2% |
| Other amounts payable47/48 | - | - | - | €31,404 | €20,532 | ▼ 34.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,101 | €727 | €781 | -€10,217 | -€2,639 | ▲ 74.2% |
| + Depreciation and write-downs630 | €424 | €452 | €535 | €244 | €111 | ▼ 54.5% |
| Operating cash flow (approximation) | -€2,677 | €1,180 | €1,316 | -€9,972 | -€2,528 | ▲ 74.6% |
| Investment in fixed assets (approximation) | - | -€1,000 | €0 | €0 | €0 | - |
| Change in cash | - | €34 | €3,828 | -€3,375 | €1,734 | ▲ 151% |
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
2026
13-04
KBO administration
Address struck
Berthelotstraat 105 L’adresse du siège Rue Berthelot 105 1190 Die Sitzadresse Rue Berthelot / Berthe-
1190 Vorst werd doorgehaald met ingang van Forest · event 29-03-2026
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet -€10,217
Net result drops to -€10,217, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €781 ▲7.4%
Operating result €3,055, net result €781, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €727
Net result €727 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vorst · 1 establishment unit since 2012
Ground area
104 m²
Building footprint
95 m²
Volume, LiDAR
1,722 m³
Parcel 21007A0048/00S002, Brussels · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20122.210.718.189
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0048/00S002 | Brussels | 104 m² | 1 · 95 m² | 20.3 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.210.718.189
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.