BAGO HM
ActiveThe computed 12-month bankruptcy probability of BAGO HM is 2.2% (moderate). The 2025 annual accounts show equity of €4k and a net result of €-4k. Equity is growing by ~84.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 18039 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-78
Solvency33▼-21
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.91 against 1.41 in 2024; short-term debt: 67% and cash: 8.3% of total assets), and 92.4% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2025Solvency, return and age of the figures
Solvency
7.6%
Return on assets
-6.3%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
28 d early
2023
36 d early
2022
39 d early
2021
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 45.6%
2024 · €8k
2021: €-15k
2022: €-8k
2023: €1k
2024: €8k
2021 → 2025
Total assets
€57k▲ 110%
2024 · €27k
2021: €23k
2022: €30k
2023: €40k
2024: €27k
2021 → 2025
Net result
€-4k
2024 · €7k
2021: €-15k
2022: €7k
2023: €9k
2024: €7k
2021 → 2025
Working capital
€-3k
2024 · €8k
2021: €-24k
2022: €-17k
2023: €-8k
2024: €8k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-8k▲ 44.9%€1k€8k▲ 574%€4k▼ 45.6%
Operating result€-14k-€8k€10k▲ 28.0%€9k▼ 7.7%€-706
Net result€-15k-€7k€9k▲ 40.7%€7k▼ 27.0%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €706 after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€22k
Current assets
€35k
Equity and liabilities €57k
Equity
€4k▼ 45.6%
Debt
€53k▲ 175%
The debt ratio rises from 70.8% to 92.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k
Cash flow
€813
Solvency
7.6%▼
2024 · 29.2%
Current ratio
0.91▼
2024 · 1.41
Quick ratio
0.14▼
2024 · 0.86
Debt / equity
12.24▲
2024 · 2.42
ROE
-83.9%▼
2024 · 85.2%
ROA
-6.3%▼
2024 · 24.9%
Interest coverage
1.31
Debt
€53k▲
2024 · €19k
Debt ≤ 1 year
€38k▲
2024 · €19k
Debt > 1 year
€14k
Income taxes
€70▼
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€27k€57k▲
Fixed assets21/28-€22k
Tangible fixed assets22/27-€22k
Furniture and vehicles24-€22k
Current assets29/58€27k€35k▲
Stocks and contracts in progress3€11k€30k▲
Stocks30/36€11k€30k▲
Amounts receivable within one year40/41€596€460▼
Trade receivables40€596€460▼
Cash at bank and in hand54/58€16k€5k▼
Equity and liabilities
Total equity and liabilities10/49€27k€57k▲
Equity10/15€8k€4k▼
Contributions10/11€500€500=
Reserves13€7k€4k▼
Distributable reserves133€7k€4k▼
Amounts payable17/49€19k€53k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€19k€38k▲
Current portion of amounts payable after more than one year42-€3k
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€11€158▲
Suppliers440/4€11€158▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€13k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€86-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€8k€3k▼
Gross operating margin9900€18k€6k▼
Operating profit (loss)9901€9k€-706▼
Financial income75/76B€268-
Recurring financial income75€268-
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€8k€-4k▼
Income taxes67/77€1k€70▼
Profit (loss) for the period9904€7k€-4k▼
Profit (loss) for the period to be appropriated9905€7k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-4k▼
Transfer from equity791/2-€4k
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (6 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €9k ▲40.7%
Operating result €10k, net result €9k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Antwerpen · 1 establishment unit since 2022
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.
Offerandestraat 532060 AntwerpenGround area
340 m²
Building footprint
340 m²
Parcel 11808H0560/00E006, Flanders. Linked by address, not a title deed.
1 establishment unit
Deals & Deals
since 20222.334.856.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0560/00E006 | Flanders | 340 m² | 1 · 340 m² | - |
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.
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Of 1,272 companies in sector 47512 we hold annual accounts for 581. 153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2021
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
47519Retail trade
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47591Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.