Turnover
≈ €120,000 estimated
The accounts state no turnover.
BAFCARE
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €96,920 (2019)
€17,555▼ 65.2%
lowest -€17,556 (2015)
-€6,944▼ €19,830
peak €128,686 (2022)
€120,187▼ 5.5%
€130,047▼ 35.4%
Board2 names since 2021
2 directorsVan Bergen Jef and 1 other
Owners
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €50,409 to €17,555Loss of €6,944Debts from €201,438 to €130,047
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 55% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 1.74, cash €200,002
Equity €120,187 (48.0% of total assets)
Founded in 2004
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 63% of them on solvency, 79% on liquidity, 46% on profitability and 30% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BAFCARE has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAFCARE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for BAFCARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.74 (1.41 in 2024), above the usual 1.5. Short-term debt is 52% and cash 79.9% of total assets. However, 52% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
24 days early
2023
35 days early
2022
105 days early
2021
3 days early
2020
38 days early
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0870338834
Resignation: Annick BRAET (director)
Director discharge: Annick BRAET · General meeting of 11-06-2026 · Gazette deed
2 managers resigning, 2 directors reappointed
Resignations: Van Bergen Jef (director, formerly manager) and Braet Annick (director, formerly manager) · Reappointments: Van Bergen Jef (director) and Braet Annick (director) · “Het ontwikkelen, organiseren en uitbaten van administratieve en logistieke diensten voor de…” (deed in Dutch) · General meeting of 26-04-2023 · Gazette deed
First establishment
Rietorchisstraat 1b, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAFCARE Ghent | €250,235 | €17,555 | 48.0% | - |
| SICOGI Quiévrain | €246,851 | €15,831 | 53.8% | - |
| ONE STOP COMPUTER Uccle | €321,295 | €20,173 | 45.8% | - |
| GO 4 YOU Auderghem | €241,869 | €26,373 | 97.0% | - |
| SMARTWEAR La Louvière | €312,662 | €13,029 | 22.0% | - |
| IMPERASOFT Koksijde | €185,784 | €19,616 | 28.5% | - |
| BICT Bilzen-Hoeselt | €201,360 | €25,496 | 57.7% | - |
These companies have the same main activity as BAFCARE: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €186,000 and €321,000, founded between 2002 and 2007.
Official details
Source: KBO- Status
- Active since 29-11-2004Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 6 others
- Establishment unit
- 2.144.199.4509041 Ghent, since 02-12-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €250,235▼ 23.8%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on BAFCARE
BAFCARE files the micro format. That format states no turnover. The gross margin rose from -€195 in 2006 to €17,555 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAFCARE
- What is the company number of BAFCARE?
- The company number of BAFCARE is 0870.338.834. The VAT number is the same number with BE in front: BE 0870.338.834.
- Where is BAFCARE based?
- The registered office is at Rietorchisstraat 1B, 9041 Ghent.Company details
- What does BAFCARE do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of BAFCARE?
- BAFCARE is a private limited company (BV).
- When was BAFCARE founded?
- BAFCARE was founded on 29-11-2004.
- Is BAFCARE still active?
- Yes, BAFCARE is an active enterprise in the KBO register.
- What is the turnover of BAFCARE?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €17,555 and 37 comparable companies (NACE 47400). It probably lies between €70,000 and €210,000. It is a rough estimate.Financials
- Is BAFCARE profitable?
- In financial year 2025, BAFCARE made a loss of €6,944.
- Where can I find the annual accounts of BAFCARE?
- BAFCARE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAFCARE due?
- BAFCARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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