BAERT EVENTS
ActiveSummary
The computed 12-month bankruptcy probability of BAERT EVENTS is 7.1% (elevated). The 2024 annual accounts show equity of €12k and a net result of €8k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 18941 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+49
Solvency34▲+4
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.79 against 0.44 in 2023; short-term debt: 90.5% and cash: 30.9% of total assets), and 90.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
9.5%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€12k▲ 212%
2023 · €4k
2022: €11k
2023: €4k
2022 → 2024
Total assets
€130k▲ 56.7%
2023 · €83k
2022: €77k
2023: €83k
2022 → 2024
Net result
€8k
2023 · €-7k
2022: €6k
2023: €-7k
2022 → 2024
Working capital
€-25k▲ 43.6%
2023 · €-44k
2022: €-38k
2023: €-44k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€11k-€4k▼ 64.0%€12k▲ 212%
Operating result€8k-€-72€18k
Net result€6k-€-7k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €72 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€37k ▼ 22.8%
Current assets
€93k ▲ 168%
Equity and liabilities €130k
Equity
€12k ▲ 212%
Debt
€118k ▲ 48.9%
Debt's share of the balance-sheet total falls from 95.3% to 90.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2023 · €11k
Cash flow
€19k▲
2023 · €4k
Current ratio
0.79▲
2023 · 0.44
Quick ratio
0.62▲
2023 · 0.31
Debt to equity
9.58▼
2023 · 20.07
ROE
67.9%▲
2023 · -178.2%
ROA
6.4%▲
2023 · -8.5%
Interest coverage
7.68▲
2023 · 2.41
Debt ≤ 1 year
€118k▲
2023 · €79k
Income taxes
€6k▲
2023 · €3k
Staff costs
€101k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€83k€130k▲
Fixed assets21/28€48k€37k▼
Intangible fixed assets21€11k€10k▼
Tangible fixed assets22/27€37k€28k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€30k€22k▼
Current assets29/58€35k€93k▲
Stocks and contracts in progress3€10k€20k▲
Stocks30/36€10k€20k▲
Amounts receivable within one year40/41€14k€31k▲
Trade receivables40€14k€31k▲
Cash at bank and in hand54/58€11k€40k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€83k€130k▲
Equity10/15€4k€12k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-1k€7k▲
Amounts payable17/49€79k€118k▲
Amounts payable within one year42/48€79k€118k▲
Trade debts44€42k€72k▲
Suppliers440/4€42k€72k▲
Taxes, remuneration and social security45€13k€31k▲
Taxes450/3€13k€31k▲
Other amounts payable47/48€23k€15k▼
Income statement
Code20232024
Remuneration, social security and pensions62€16k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€10k€6k▼
Gross operating margin9900€37k€137k▲
Operating profit (loss)9901€-72€18k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-4k€15k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€-7k€8k▲
Profit (loss) for the period to be appropriated9905€-7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€7k▲
Profit (loss) brought forward from the previous period14P€6k€-1k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-7k ▼218%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Namur · 2 establishment units since 2022
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.
Rue Philippe Lobet(FW) 245020 NamurGround area
842 m²
Building footprint
312 m²
Volume, LiDAR
2,644 m³
3 parcels, Wallonia · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
BAERT EVENTS
since 20222.340.291.779
L'Antidote
since 20232.353.444.187
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92043C0491/00P000 | Wallonia | 495 m² | 1 · 117 m² | 5.1 m · 1 fl. |
| 92094C0805/00D000 | Wallonia | 195 m² | 1 · 149 m² | 11.7 m · 3 fl. |
| 92094C1293/00C000 | Wallonia | 151 m² | 1 · 46 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2 sitesNamur2.340.291.779
Namur2.353.444.187
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Kate Kero
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TODEMA
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,693 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
47210Retail sale of fruit and vegetables
47251Retail sale of wines and spirits
56112Limited-service restaurants, excluding mobile food services
85599Other education
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:baertevents@gmail.com
Phone:+32477137050