BaGa Construct
ActiveSummary
BaGa Construct has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,832 and a net result of €8,832. Its solvency ranks better than 28% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Equity
- €9,832
- Profit
- €8,832
Why 69raises riskFounded in 2025Size: total assets €41,195Equity €9,832 (23.9% of total assets)lowers riskLiquidity: current ratio 1.31, cash €27,050Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 26% on solvency, 58% on liquidity and 81% on profitability.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: BAEKELANDT Gauthier (director) ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00440612.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €375 |
| Gross operating margin9900 | €13,105 |
| Operating profit (loss)9901 | €12,730 |
| Financial charges65/66B | €360 |
| Recurring financial charges65 | €360 |
| Profit (loss) for the period before taxes9903 | €12,370 |
| Income taxes67/77 | €3,537 |
| Profit (loss) for the period9904 | €8,832 |
| Profit (loss) for the period to be appropriated9905 | €8,832 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €41,195 | |
| Current assets29/58 | €41,195 | |
| Amounts receivable within one year40/41 | €14,145 | |
| Trade receivables40 | €14,145 | |
| Cash at bank and in hand54/58 | €27,050 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €41,195 | |
| Equity10/15 | €9,832 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €8,832 | |
| Distributable reserves133 | €8,832 | |
| Amounts payable17/49 | €31,362 | |
| Amounts payable within one year42/48 | €31,362 | |
| Trade debts44 | €1,780 | |
| Suppliers440/4 | €1,780 | |
| Taxes, remuneration and social security45 | €9,694 | |
| Taxes450/3 | €9,694 | |
| Other amounts payable47/48 | €19,888 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €8,832 |
| Operating cash flow (approximation) | €8,832 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00440612 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Day-to-day management 1
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| BAEKELANDT Gauthier |
|
Owners and capital
Capital and shareholders
- BAEKELANDT Gauthier €1,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 24-06-2025 Incorporation · €1,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-06
Gazette deed
IncorporationAppointment: BAEKELANDT Gauthier (director) · Founder · Founding capital5 facts ▸
- Incorporation, 20-06-2025
- Founder, BAEKELANDT Gauthier
- Founding capital, €1,000
- Director appointment, BAEKELANDT Gauthier (director)
- Director appointment, BAEKELANDT Gauthier (dagelijkse bestuurder)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37322B0248/00H000 | Flanders | 590 m² | 1 · 225 m² | 8.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BaGa Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Tieltstraat247, 8760” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, handelingen waarvoor alleen algemene vergadering bevoegd” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 14:00