BAERT-DESMEDT
ActiveBAERT-DESMEDT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-2
Solvency58▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.9 in 2024; short-term debt: 58.7% and cash: 1.6% of total assets), and 66.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
33.1%
Return on assets
8.1%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €64k
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 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
6 d early
2022
34 d early
2021
16 d late
2020
5 d early
2019
32 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€64k▲ 32.6%
2024 · €48k
2018: €71k
2019: €63k
2020: €16k
2021: €-20k
2022: €453
2023: €21k
2024: €48k
2018 → 2025
Total assets
€193k▼ 29.2%
2024 · €272k
2018: €363k
2019: €346k
2020: €385k
2021: €295k
2022: €334k
2023: €284k
2024: €272k
2018 → 2025
Net result
€16k▼ 43.0%
2024 · €28k
2018: €-25k
2019: €-8k
2020: €-47k
2021: €-36k
2022: €21k
2023: €20k
2024: €28k
2018 → 2025
Working capital
€24k
2024 · €-20k
2018: €72k
2019: €56k
2020: €-22k
2021: €-58k
2022: €-100k
2023: €-71k
2024: €-20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-20k-€453€21k▲ 4,463%€48k▲ 133%€64k▲ 32.6%
Operating result€-26k-€30k€29k▼ 5.4%€33k▲ 16.2%€20k▼ 40.1%
Net result€-36k-€21k€20k▼ 2.6%€28k▲ 36.3%€16k▼ 43.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets
€56k▼ 45.9%
Current assets
€137k▼ 19.0%
Equity and liabilities €193k
Equity
€64k▲ 32.6%
Debt
€129k▼ 42.5%
The debt ratio falls from 82.3% to 66.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67k▼
2024 · €97k
Cash flow
€63k▼
2024 · €91k
Solvency
33.1%▲
2024 · 17.7%
Current ratio
1.21▲
2024 · 0.90
Quick ratio
0.98▲
2024 · 0.71
Debt / equity
2.02▼
2024 · 4.65
ROE
24.6%▼
2024 · 57.1%
ROA
8.1%▼
2024 · 10.1%
Interest coverage
11.36▼
2024 · 12.57
Debt
€129k▼
2024 · €224k
Debt ≤ 1 year
€113k▼
2024 · €189k
Debt > 1 year
€6k▼
2024 · €35k
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€272k€193k▼
Fixed assets21/28€103k€56k▼
Tangible fixed assets22/27€102k€55k▼
Land and buildings22€0-
Plant, machinery and equipment23€23k€16k▼
Leasing and similar rights25€79k€39k▼
Financial fixed assets28€1k€1k=
Current assets29/58€169k€137k▼
Stocks and contracts in progress3€34k€25k▼
Stocks30/36€20k€13k▼
Contracts in progress37€14k€13k▼
Amounts receivable within one year40/41€130k€105k▼
Trade receivables40€70k€35k▼
Other amounts receivable41€60k€70k▲
Cash at bank and in hand54/58€840€3k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€272k€193k▼
Equity10/15€48k€64k▲
Contributions10/11€100k€100k=
Reserves13€54k€54k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€26k€26k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-106k€-90k▲
Amounts payable17/49€224k€129k▼
Amounts payable after more than one year17€35k€6k▼
Financial debts170/4€35k€6k▼
Amounts payable within one year42/48€189k€113k▼
Current portion of amounts payable after more than one year42€44k€29k▼
Financial debts43€23k€23k▲
Credit institutions430/8€23k€23k▲
Trade debts44€98k€39k▼
Suppliers440/4€98k€39k▼
Other amounts payable47/48€24k€22k▼
Accrued charges and deferred income492/3€904€10k▲
Income statement
Code20242025
Non-recurring operating income76A€0€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€48k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€7k€9k▲
Non-recurring operating charges66A€842€2k▲
Gross operating margin9900€105k€79k▼
Operating profit (loss)9901€33k€20k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€28k€16k▼
Profit (loss) for the period9904€28k€16k▼
Profit (loss) for the period to be appropriated9905€28k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-106k€-90k▲
Profit (loss) brought forward from the previous period14P€-133k€-106k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €28k ▲36.3%
Operating result €33k, net result €28k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ledegem · 1 establishment unit since 1996
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.
Begijnestraat 128880 LedegemGround area
1,521 m²
Building footprint
207 m²
Volume, LiDAR
642 m³
Parcel 36010C0404/00C000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Baert-Desmedt
since 19962.075.156.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C0404/00C000 | Flanders | 1,521 m² | 1 · 207 m² | 5.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 236 EUR awarded · 236 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 186 EUR | 186 EUR |
| 2022 | 1 | 50 EUR | 50 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
PERE & FILS CONSTRUCT
BE 0830.588.531
Zaventem · Eq €64k
FLORIANO
BE 0641.741.112
Anderlecht · Eq €64k
LOBRI-PLAF
BE 0842.771.731
Sint-Agatha-Berchem · Eq €64k
All2you
BE 0795.635.966
Vorselaar · Eq €64k
ART EREMIA DESIGN
BE 1008.308.862
Namur · Eq €64k
Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 2,577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-1996
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
01410Raising of dairy cattle
37100
38210Materials recovery from waste
38322Waste collection, recovery and disposal activities
47789Other retail sale of new goods
47890Retail trade
49410Freight transport by road
52623
71111Activities of building architects
74201Photography, excluding press photography
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.