Financials
- Fiscal year
- 2024
- Total assets
- €75,225
- Profit
- €5,826
- Solvency
- 62.0%
Total assets▲ 23.6%
Net result
20212024
BAETEMAN DRIES
ActiveSummary
BAETEMAN DRIES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,667 and a net result of €5,826. Equity is growing by ~12.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
How big
€75,225total assets 2024
- Equity
- €46,667
- Profit
- €5,826
Turnover not published (abridged schema)
Who decides
Accounts 37 d early0 of 1 deed read
Why 68- Figures for FY 2024 (filed 13-08-2025)- Founded in 2020+ Liquidity: current ratio 2.41, cash €46,169+ Equity €46,667 (62.0% of total assets)Show the evidence
Checked score
Score 2024
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 68% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
87-5
equity 62.0% of total assets
Liquidity
83-6
short-term debt 38.0% · cash 61.4%
Profitability
78-2
return on assets 7.7%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.5%lowest value
09-2026: 0.6%▲ +18.4% vs 08-2026
10-2026: 1.0%▲ +70.5% vs 09-2026highest value
- Liquidity: current ratio 2.41, cash €46,169 lowers the probability
- Figures for FY 2024 (filed 13-08-2025) raises the probability
- Founded in 2020 raises the probability for this profile
- Equity €46,667 (62.0% of total assets) lowers the probability
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.68 in 2023; short-term debt: 38% and cash: 61.4% of total assets), and 38% 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 41, micro). Better than this share of them on solvency 71%, liquidity 85%, profitability 58%, growth against the median 58%. 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 24-06-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
8 d late
2023
20 d late
2022
24 d late
2021
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 21 August (4 of the last 5 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…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- Next accounts
- by 31-07-2027
- 24-06-2026Annual accounts filed
- 08-08-2025Annual accounts filed
- 20-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 30-03-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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