BAERT
ActiveBAERT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €343k and a net result of €22k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 3263 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 11.05 against 22.12 in 2024; short-term debt: 2.2% and cash: 22.7% of total assets), and 10.1% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
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
89.9%
Return on assets
5.8%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
26 d late
2023
13 d early
2022
39 d early
2021
17 d early
2020
66 d early
2019
26 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€343k▼ 4.2%
2024 · €358k
2018: €160k
2019: €197k
2020: €281k
2021: €372k
2022: €417k
2023: €389k
2024: €358k
2018 → 2025
Total assets
€382k▲ 4.3%
2024 · €366k
2018: €597k
2019: €725k
2020: €753k
2021: €700k
2022: €444k
2023: €401k
2024: €366k
2018 → 2025
Net result
€22k▲ 105%
2024 · €11k
2018: €41k
2019: €37k
2020: €84k
2021: €138k
2022: €45k
2023: €-18k
2024: €11k
2018 → 2025
Working capital
€86k▲ 32.6%
2024 · €64k
2018: €-74k
2019: €22k
2020: €41k
2021: €174k
2022: €112k
2023: €102k
2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€372k-€417k▲ 12.2%€389k▼ 6.8%€358k▼ 7.8%€343k▼ 4.2%
Operating result€184k-€108k▼ 41.2%€15k▼ 86.0%€11k▼ 24.9%€40k▲ 254%
Net result€138k-€45k▼ 67.3%€-18k€11k€22k▲ 105%
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 recovers in 2025; 2025 is 254% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€288k▼ 3.6%
Current assets
€94k▲ 39.2%
Equity and liabilities €382k
Equity
€343k▼ 4.2%
Debt
€39k▲ 401%
The debt ratio rises from 2.1% to 10.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€62k▲
2024 · €35k
Cash flow
€44k▲
2024 · €35k
Solvency
89.9%▼
2024 · 97.9%
Current ratio
11.05▼
2024 · 22.12
Quick ratio
11.05▼
2024 · 22.12
Debt / equity
0.11▲
2024 · 0.02
ROE
6.4%▲
2024 · 3.0%
ROA
5.8%▲
2024 · 2.9%
Interest coverage
205.24▲
2024 · 84.65
Debt
€39k▲
2024 · €8k
Debt ≤ 1 year
€9k▲
2024 · €3k
Debt > 1 year
€30k▲
2024 · €5k
Income taxes
€18k▲
2024 · €253
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€366k€382k▲
Fixed assets21/28€299k€288k▼
Tangible fixed assets22/27€299k€288k▼
Land and buildings22€287k€272k▼
Plant, machinery and equipment23€6k€15k▲
Furniture and vehicles24€6k€1k▼
Current assets29/58€68k€94k▲
Amounts receivable within one year40/41€4k€7k▲
Trade receivables40-€7k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€64k€87k▲
Equity and liabilities
Total equity and liabilities10/49€366k€382k▲
Equity10/15€358k€343k▼
Contributions10/11€56k€56k=
Capital10€56k€56k=
Issued capital100€56k€56k=
Reserves13€321k€306k▼
Non-distributable reserves130/1€321k€306k▼
Legal reserve130€321k€306k▼
Profit (loss) carried forward14€-18k€-18k=
Amounts payable17/49€8k€39k▲
Amounts payable after more than one year17€5k€30k▲
Financial debts170/4€5k-
Other amounts payable178/9-€30k
Amounts payable within one year42/48€3k€9k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€650-
Other amounts payable47/48€75€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€9k€16k▲
Gross operating margin9900€44k€78k▲
Operating profit (loss)9901€11k€40k▲
Financial income75/76B-€220
Recurring financial income75-€220
Financial charges65/66B€416€303▼
Recurring financial charges65€416€303▼
Profit (loss) for the period before taxes9903€11k€40k▲
Income taxes67/77€253€18k▲
Profit (loss) for the period9904€11k€22k▲
Profit (loss) for the period to be appropriated9905€11k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€4k▲
Profit (loss) brought forward from the previous period14P€-18k€-18k=
Transfer from equity791/2€41k€37k▼
Transfer to equity691/2€11k€22k▲
To other reserves6921€11k€22k▲
Profit to be distributed694/7€41k€37k▼
Directors or managers695€41k€37k▼
The notes to these accounts (4 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-18k ▼140%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 76.46
Current ratio from 11.45 to 76.46; short-term debt falls from €11k to €1k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 11.45
Current ratio from 5.21 to 11.45; short-term debt falls from €41k to €11k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €138k ▲64%
Operating result €184k, net result €138k, both a record.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €281k ▲42.9%
3 profitable years in a row build equity to €281k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Liquidity times 59current ratio 8.01
Current ratio from 0.14 to 8.01; short-term debt falls from €86k to €3k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zaventem
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.
Belgicastraat 91930 ZaventemGround area
4,801 m²
Building footprint
1,270 m²
Volume, LiDAR
19,319 m³
Parcel 23094D0029/00R000, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0029/00R000 | Flanders | 4,801 m² | 1 · 1,270 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,637. 5,942 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1990
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.