BaetensBouw
ActiveSummary
BaetensBouw has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €119k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 43% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-3
Solvency57▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 2.29 in 2024; short-term debt: 30.9% and cash: 5.8% of total assets), and 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
31.8%
Return on assets
8.2%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
15 d late
2023
31 d late
2022
25 d late
2021
3 d late
2020
1 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€466k▼ 18.2%
2024 · €569k
2018: €179k
2019: €303k
2020: €318k
2021: €349k
2022: €400k
2023: €463k
2024: €569k
2018 → 2025
Total assets
€1.46M▲ 0.7%
2024 · €1.45M
2018: €1.05M
2019: €1.02M
2020: €1.10M
2021: €1.21M
2022: €1.16M
2023: €1.40M
2024: €1.45M
2018 → 2025
Net result
€119k▼ 20.8%
2024 · €151k
2018: €50k
2019: €160k
2020: €33k
2021: €30k
2022: €104k
2023: €64k
2024: €151k
2018 → 2025
Working capital
€171k▼ 57.4%
2024 · €402k
2018: €217k
2019: €48k
2020: €10k
2021: €126k
2022: €136k
2023: €320k
2024: €402k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€349k-€400k▲ 14.7%€463k▲ 15.9%€569k▲ 22.8%€466k▼ 18.2%
Operating result€53k-€156k▲ 193%€109k▼ 30.0%€231k▲ 112%€169k▼ 26.8%
Net result€30k-€104k▲ 243%€64k▼ 38.8%€151k▲ 137%€119k▼ 20.8%
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 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€841k ▲ 13.5%
Current assets
€623k ▼ 12.7%
Equity and liabilities €1.46M
Equity
€466k ▼ 18.2%
Debt
€999k ▲ 12.8%
Debt's share of the balance-sheet total rises from 60.9% to 68.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€217k▼
2024 · €290k
Cash flow
€168k▼
2024 · €210k
Current ratio
1.38▼
2024 · 2.29
Quick ratio
1.37▼
2024 · 2.28
Debt to equity
2.14▲
2024 · 1.56
ROE
25.7%▼
2024 · 26.5%
ROA
8.2%▼
2024 · 10.4%
Interest coverage
7.30▲
2024 · 6.35
Debt ≤ 1 year
€452k▲
2024 · €312k
Debt > 1 year
€546k▼
2024 · €573k
Income taxes
€33k▼
2024 · €47k
Staff costs
€29k▼
2024 · €46k
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 · 2025 against 2024 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.46M▲
Fixed assets21/28€741k€841k▲
Tangible fixed assets22/27€681k€781k▲
Land and buildings22€405k€700k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€21k€75k▲
Leasing and similar rights25€8k€5k▼
Assets under construction and advance payments27€241k-
Financial fixed assets28€60k€60k=
Current assets29/58€714k€623k▼
Amounts receivable after more than one year29€285k€285k=
Other amounts receivable291€285k€285k=
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€291k€167k▼
Trade receivables40€115k€93k▼
Other amounts receivable41€176k€74k▼
Cash at bank and in hand54/58€34k€85k▲
Deferred charges and accrued income490/1€102k€84k▼
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.46M▲
Equity10/15€569k€466k▼
Contributions10/11€12k€12k=
Reserves13€551k€448k▼
Tax-exempt reserves132€35k€35k=
Distributable reserves133€517k€413k▼
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€885k€999k▲
Amounts payable after more than one year17€573k€546k▼
Financial debts170/4€573k€546k▼
Amounts payable within one year42/48€312k€452k▲
Current portion of amounts payable after more than one year42€70k€186k▲
Financial debts43€4k€4k=
Credit institutions430/8€4k€4k=
Trade debts44€112k€172k▲
Suppliers440/4€112k€172k▲
Taxes, remuneration and social security45€75k€35k▼
Taxes450/3€75k€34k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€51k€56k▲
Accrued charges and deferred income492/3€200€300▲
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€46k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€48k▼
Other operating charges640/8€15k€23k▲
Gross operating margin9900€351k€269k▼
Operating profit (loss)9901€231k€169k▼
Financial income75/76B€13k€13k▲
Recurring financial income75€13k€13k▲
Financial charges65/66B€46k€30k▼
Recurring financial charges65€46k€30k▼
Profit (loss) for the period before taxes9903€198k€153k▼
Income taxes67/77€47k€33k▼
Profit (loss) for the period9904€151k€119k▼
Profit (loss) for the period to be appropriated9905€151k€119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€125k▼
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer from equity791/2-€178k
Transfer to equity691/2€106k€74k▼
To other reserves6921€106k€74k▼
Profit to be distributed694/7€45k€223k▲
Return on contributions (dividend)694-€178k
Directors or managers695€45k€45k=
Social balance
Average headcount (FTE)90870.80.5▼
The notes to these accounts (15 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2024
30-09
Financial
Equity above €500kEq €569k ▲22.8%
7 profitable years in a row build equity to €569k.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-09
Financial
Weakest financial yearnet €30k ▼8%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
30-09
Financial
Highest result since 2018net €160k ▲223%
Operating result €232k, net result €160k, both a record.
30-09
Financial
Equity above €200kEq €303k ▲69.4%
2 profitable years in a row build equity to €303k.
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
05-04
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
3 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, Dendermonde · 1 establishment unit since 2012
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.
Zijpestraat (OUD) 359200 DendermondeGround area
480 m²
Building footprint
100 m²
Volume, LiDAR
692 m³
Parcel 42016C0625/00F000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BaetensBouw
since 20122.217.623.106
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42016C0625/00F000 | Flanders | 480 m² | 1 · 100 m² | 9.9 m · 3 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
2024 · 1 entry · 63 EUR awarded · 63 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 63 EUR | 63 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 9,509 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
Founded08-02-2012
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
43331Floor and wall tiling
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.