BAGBAN
ActiveBAGBAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €13k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency81▲+28
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.44 in 2023; short-term debt: 44.5% and cash: 1.9% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.5%
Return on assets
28%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €25k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
54 d late
2023
4 d early
2022
11 d late
2021
39 d late
2020
on the day
2019
on the day
2018
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€25k▲ 101%
2023 · €12k
2018: €37k
2019: €43k
2020: €39k
2021: €29k
2022: €20k
2023: €12k
2018 → 2024
Total assets
€45k▲ 1.6%
2023 · €45k
2018: €45k
2019: €47k
2020: €54k
2021: €48k
2022: €39k
2023: €45k
2018 → 2024
Net result
€13k
2023 · €-7k
2018: €23k
2019: €6k
2020: €-5k
2021: €-9k
2022: €-10k
2023: €-7k
2018 → 2024
Working capital
€8k▼ 36.8%
2023 · €13k
2018: €35k
2019: €40k
2020: €30k
2021: €24k
2022: €17k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€29k▼ 24.0%€20k▼ 32.6%€12k▼ 37.0%€25k▲ 101%
Operating result€-2k-€-7k▼ 235%€-7k▲ 8.1%€-5k▲ 21.4%€15k
Net result€-5k-€-9k▼ 100%€-10k▼ 2.9%€-7k▲ 23.4%€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €5k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€17k▲ 612%
Current assets
€28k▼ 33.1%
Equity and liabilities €45k
Equity
€25k▲ 101%
Debt
€20k▼ 37.2%
The debt ratio falls from 72.0% to 44.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2023 · €-5k
Cash flow
€15k▲
2023 · €-7k
Solvency
55.5%▲
2023 · 28.0%
Current ratio
1.40▼
2023 · 1.44
Quick ratio
0.63▲
2023 · 0.14
Debt / equity
0.80▼
2023 · 2.57
ROE
50.3%▲
2023 · -58.7%
ROA
28.0%▲
2023 · -16.5%
Interest coverage
7.06▲
2023 · -2.53
Debt
€20k▼
2023 · €32k
Debt ≤ 1 year
€20k▼
2023 · €29k
Income taxes
€97
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€45k€45k▲
Fixed assets21/28€2k€17k▲
Tangible fixed assets22/27€0€14k▲
Furniture and vehicles24€0€14k▲
Financial fixed assets28€2k€3k▲
Current assets29/58€42k€28k▼
Stocks and contracts in progress3€38k€16k▼
Stocks30/36€38k€16k▼
Amounts receivable within one year40/41€91€10k▲
Other amounts receivable41€91€10k▲
Cash at bank and in hand54/58€3k€882▼
Deferred charges and accrued income490/1€447€2k▲
Equity and liabilities
Total equity and liabilities10/49€45k€45k▲
Equity10/15€12k€25k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-8k€5k▲
Amounts payable17/49€32k€20k▼
Amounts payable within one year42/48€29k€20k▼
Trade debts44€16k€9k▼
Suppliers440/4€16k€9k▼
Taxes, remuneration and social security45€613€3k▲
Taxes450/3€613€3k▲
Other amounts payable47/48€13k€8k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€490€3k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€-347€24k▲
Operating profit (loss)9901€-5k€15k▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-7k€13k▲
Income taxes67/77-€97
Profit (loss) for the period9904€-7k€13k▲
Profit (loss) for the period to be appropriated9905€-7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€5k▲
Profit (loss) brought forward from the previous period14P€-620€-8k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after 4 loss-making years.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
30-09
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity doublescurrent ratio 12.68
Current ratio from 5.41 to 12.68; short-term debt falls from €8k to €3k.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 752 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 320 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Antwerpen · 1 establishment unit since 2005
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.
Lakborslei 842100 AntwerpenGround area
467 m²
Building footprint
248 m²
Volume, LiDAR
999 m³
Parcel 11343A0598/00R033, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bagban
since 20052.160.175.746
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11343A0598/00R033 | Flanders | 467 m² | 1 · 248 m² | 7.6 m · 1 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 · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.160.175.746
Similar companies · same sector, comparable size
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CHEZ ROSARIO
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 4,319 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2005
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.