Financials
- Fiscal year
- 2025
- Total assets
- €368,307
- Profit
- €51,638
- Solvency
- 71.3%
Total assets▲ 5.8%
Net result
20232025
Baetec
ActiveSummary
Baetec has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,599 and a net result of €51,638. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€368,307total assets 2025
- Equity
- €262,599
- Profit
- €51,638
Turnover not published (abridged schema)
Structure
Accounts 1 d early0 of 2 deeds read
Why 90- 1 change of registered office in 24 months- Founded in 2023+ Liquidity: current ratio 3.48, cash €286,016+ Figures for FY 2025 (filed 30-07-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 69% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
96+10
equity 71.3% of total assets
Liquidity
88+6
short-term debt 28.7% · cash 77.7%
Profitability
73-21
return on assets 14.0%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.7%highest value
09-2025: 0.6%▼ -67.7% vs 08-2025
10-2025: 0.6%● 0.0% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.6%● 0.0% vs 12-2025
02-2026: 0.6%● 0.0% vs 01-2026
03-2026: 0.6%● 0.0% vs 02-2026
04-2026: 0.7%▲ +20.5% vs 03-2026
05-2026: 0.8%▲ +22.4% vs 04-2026
06-2026: 0.8%▲ +0.4% vs 05-2026
07-2026: 0.9%▲ +6.0% vs 06-2026
08-2026: 0.4%▼ -56.2% vs 07-2026
09-2026: 0.2%▼ -34.8% vs 08-2026
10-2026: 0.2%▼ -2.4% vs 09-2026lowest value
- Liquidity: current ratio 3.48, cash €286,016 lowers the probability
- 1 change of registered office in 24 months raises the probability
- Founded in 2023 raises the probability for this profile
- Figures for FY 2025 (filed 30-07-2026) lowers the probability
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 3.48 against 2.54 in 2024; short-term debt: 28.7% and cash: 77.7% of total assets), and 28.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 77%, liquidity 86%, profitability 43%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
25 d late
2023
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €51,638 ▼34.6%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 25-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 19-01-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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