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BAERT-DESMEDT

Active
Private limited companyfounded 1996active for 30 yearsBegijnestraat 12, 8880 Ledegem, BelgiumKBO/BCE: BE 0457.067.166
Summary

BAERT-DESMEDT has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,884 and a net result of €15,699, of which €27,137 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 36% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-02-1996 Normal situation
Activity
Site preparation NACE 43120and 5 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2021
Establishment unit
2.075.156.335 8880 Ledegem, since 13-02-1996
Financial year end
31 December
Peppol
Reachable since 04-03-2024

Board and ownership

Board
  • FADUMODirector · since 22-08-2013 · permanent representative Jo Desmedt
Shareholders
  • FADUMO· score 862025 annual accounts of FADUMO

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€79,346
▼ 24.3%
Turnover
≈ €310,000
estimated
Profit
€15,699
▼ 43.0%
Equity
€63,884
▲ 32.6%
Total assets
€192,857
▼ 29.2%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.21, cash €3,105lowers riskFounded in 1996Figures for financial year 2025 (filed on 28-07-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 58+15
equity 33.1% of total assets
Liquidity 22+9
short-term debt 58.7% · cash 1.6%
Profitability 79-2
return on assets 8.1%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.5 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (0.9 in 2024), below the usual 1.5. Short-term debt is 58.7% and cash 1.6% of total assets. 66.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 35% of them on solvency, 12% on liquidity, 57% on profitability and 76% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.21, cash €3,105
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €63,884
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
3 days early
2023
6 days early
2022
34 days early
2021
16 days late
2020
5 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: FADUMO (director) · Appointment: FADUMO (director) · Permanent representative: Jo Desmedt
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as BAERT-DESMEDT: site preparation (NACE 43120). They are comparable in size and age: total assets between €302,000 and €567,000, founded between 1986 and 2006.

CompanyTotal assetsGross margin
BAERT-DESMEDT Ledegem€192,857€79,346
BENNY COENRAERDS Arendonk€301,919€98,067
Bernard Delodder Oostkamp€566,809€58,921
VAGEME Putte€488,554€54,631
ALGEMENE ONDERNEMINGEN VRANKEN Zonhoven€509,195€44,447
PUSSEMIER - DE WULF Braine-l'Alleud€465,166€40,953
EPIC RUSHES Zwevegem€566,153€54,625
Full comparison

Key facts about BAERT-DESMEDT

What is the company number of BAERT-DESMEDT?
The company number of BAERT-DESMEDT is 0457.067.166. The VAT number is the same number with BE in front: BE 0457.067.166.
Where is BAERT-DESMEDT based?
The registered office is at Begijnestraat 12, 8880 Ledegem.Company details
What does BAERT-DESMEDT do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of BAERT-DESMEDT?
The legal form of BAERT-DESMEDT is Private limited company (BV).
When was BAERT-DESMEDT founded?
BAERT-DESMEDT was founded on 06-02-1996.
Is BAERT-DESMEDT still active?
Yes, BAERT-DESMEDT is an active enterprise in the KBO register.
How many employees does BAERT-DESMEDT have?
BAERT-DESMEDT had an average of 0.5 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
Which joint committee does BAERT-DESMEDT fall under?
In its 2021 annual accounts, BAERT-DESMEDT states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of BAERT-DESMEDT?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €79,346 and 33 comparable companies (NACE 431). It probably lies between €240,000 and €530,000.
Is BAERT-DESMEDT profitable?
In financial year 2025, BAERT-DESMEDT made a profit of €15,699.
Where can I find the annual accounts of BAERT-DESMEDT?
BAERT-DESMEDT filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAERT-DESMEDT due?
BAERT-DESMEDT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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