BAESELEN & CO
ActiveBAESELEN & CO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-48k) and a net result of €-82k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-59
Solvency1▼-37
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 1.09 in 2024; short-term debt: 60.5% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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
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 2025Solvency, return and age of the figures
Solvency
-23.5%
Return on assets
-39.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-09-2026, 37 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
37 d late
2024
23 d late
2023
26 d late
2022
31 d late
2021
21 d late
2020
17 d late
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-48k
2024 · €33k
2018: €-30k
2019: €-29k
2020: €-16k
2021: €29k
2022: €51k
2023: €53k
2024: €33k
2018 → 2025
Total assets
€206k▼ 19.8%
2024 · €257k
2018: €37k
2019: €39k
2020: €49k
2021: €252k
2022: €330k
2023: €318k
2024: €257k
2018 → 2025
Net result
€-82k▼ 315%
2024 · €-20k
2018: €6k
2019: €1k
2020: €13k
2021: €45k
2022: €22k
2023: €2k
2024: €-20k
2018 → 2025
Working capital
€-71k
2024 · €6k
2018: €-33k
2019: €-31k
2020: €-19k
2021: €47k
2022: €57k
2023: €-37k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€51k▲ 74.9%€53k▲ 4.5%€33k▼ 37.1%€-48k
Operating result€57k-€38k▼ 34.0%€33k▼ 12.3%€-15k€-69k▼ 345%
Net result€45k-€22k▼ 51.4%€2k▼ 89.6%€-20k€-82k▼ 315%
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 €69k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€152k▼ 16.9%
Current assets
€54k▼ 27.0%
Key figures and ratios
EBITDA
€-22k▼
2024 · €40k
Cash flow
€-35k▼
2024 · €35k
Solvency
-23.5%▼
2024 · 13.0%
Current ratio
0.43▼
2024 · 1.09
Quick ratio
0.38▼
2024 · 1.00
Debt / equity
-5.25▼
2024 · 6.69
ROA
-39.7%▼
2024 · -7.7%
Interest coverage
-3.74▼
2024 · 12.92
Debt
€254k▲
2024 · €223k
Debt ≤ 1 year
€125k▲
2024 · €68k
Debt > 1 year
€130k▼
2024 · €148k
Income taxes
€7k▲
2024 · €1k
Staff costs
€415▼
2024 · €3k
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€257k€206k▼
Fixed assets21/28€183k€152k▼
Tangible fixed assets22/27€183k€152k▼
Land and buildings22€109k€96k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€70k€52k▼
Financial fixed assets28€82€82=
Current assets29/58€74k€54k▼
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€45k€43k▼
Trade receivables40€43k€43k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€5k-
Deferred charges and accrued income490/1€17k€4k▼
Equity and liabilities
Total equity and liabilities10/49€257k€206k▼
Equity10/15€33k€-48k▼
Contributions10/11€19k€19k=
Reserves13€23k€23k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€-8k€-90k▼
Amounts payable17/49€223k€254k▲
Amounts payable after more than one year17€148k€130k▼
Financial debts170/4€148k€130k▼
Amounts payable within one year42/48€68k€125k▲
Current portion of amounts payable after more than one year42€12k€14k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€33k€33k▲
Taxes450/3€33k€33k▲
Other amounts payable47/48€21k€71k▲
Accrued charges and deferred income492/3€7k€55▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€3k€415▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€47k▼
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€49k€-14k▼
Operating profit (loss)9901€-15k€-69k▼
Financial income75/76B€32€152▲
Recurring financial income75€32€152▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-19k€-75k▼
Income taxes67/77€1k€7k▲
Profit (loss) for the period9904€-20k€-82k▼
Profit (loss) for the period to be appropriated9905€-20k€-82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-90k▼
Profit (loss) brought forward from the previous period14P€12k€-8k▼
The notes to these accounts (9 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
06-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 37 days late
2025
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial
Highest result since 2018net €45k ▲236%
Operating result €57k, net result €45k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.46
Current ratio from 0.70 to 1.46.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
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
9 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, Lennik · 1 establishment unit since 1997
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.
Poelstraat 1B1750 LennikGround area
4,570 m²
Building footprint
403 m²
Volume, LiDAR
2,264 m³
2 parcels, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baeselen & co
since 19972.082.151.124
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23075C0074/00M000 | Flanders | 2,347 m² | 1 · 244 m² | 12.2 m · 2 fl. |
| 23075C0074/00L000 | Flanders | 2,224 m² | 1 · 160 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
T-IT
BE 0779.360.752
Deinze · Eq €33k
WEETS & SONS
BE 0657.823.217
Aalter · Eq €33k
L2L Consulting
BE 0776.580.119
Zottegem · Eq €33k
IGNACE CLARYSSE ICT
BE 0821.777.763
Jodoigne · Eq €33k
BUSINESS GROWTH MANAGEMENT
BE 1010.916.875
Geel · Eq €33k
Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-1997
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.