BAGU
ActiveSummary
BAGU has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €-3k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-8
Solvency30=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.12 in 2024; short-term debt: 22.4% and cash: 1.6% of total assets), and 95% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
5%
Return on assets
-0.2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7750 sector peers (2025).
NBB · sector comparisonPosition among 7750 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▼ 3.0%
2024 · €100k
2023: €83k
2024: €100k
2023 → 2025
Total assets
€1.93M▼ 5.3%
2024 · €2.04M
2023: €2.02M
2024: €2.04M
2023 → 2025
Net result
€-3k
2024 · €17k
2023: €33k
2024: €17k
2023 → 2025
Working capital
€-385k▼ 5.1%
2024 · €-366k
2023: €-281k
2024: €-366k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€83k-€100k▲ 20.0%€97k▼ 3.0%
Operating result€83k-€45k▼ 45.4%€22k▼ 50.2%
Net result€33k-€17k▼ 49.6%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€1.88M ▼ 5.3%
Current assets
€47k ▼ 7.9%
Equity and liabilities €1.93M
Equity
€97k ▼ 3.0%
Debt
€1.83M ▼ 5.5%
Debt's share of the balance-sheet total falls from 95.1% to 95.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€127k▼
2024 · €141k
Cash flow
€102k▼
2024 · €112k
Current ratio
0.11▼
2024 · 0.12
Debt to equity
18.96▼
2024 · 19.45
ROE
-3.1%▼
2024 · 16.7%
ROA
-0.2%▼
2024 · 0.8%
Interest coverage
4.99▼
2024 · 5.76
Debt ≤ 1 year
€432k▲
2024 · €417k
Debt > 1 year
€1.39M▼
2024 · €1.51M
Income taxes
€0▼
2024 · €4k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.04M€1.93M▼
Fixed assets21/28€1.99M€1.88M▼
Tangible fixed assets22/27€1.99M€1.88M▼
Land and buildings22€1.92M€1.83M▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€57k€44k▼
Current assets29/58€51k€47k▼
Amounts receivable within one year40/41€46k€15k▼
Trade receivables40€46k€15k▼
Cash at bank and in hand54/58€4k€31k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.04M€1.93M▼
Equity10/15€100k€97k▼
Contributions10/11€50k€50k=
Reserves13€50k€47k▼
Distributable reserves133€50k€47k▼
Amounts payable17/49€1.94M€1.83M▼
Amounts payable after more than one year17€1.51M€1.39M▼
Financial debts170/4€1.51M€1.39M▼
Amounts payable within one year42/48€417k€432k▲
Current portion of amounts payable after more than one year42€123k€125k▲
Trade debts44€21k€2k▼
Suppliers440/4€21k€2k▼
Taxes, remuneration and social security45€30k€31k▲
Taxes450/3€19k€10k▼
Remuneration and social security454/9€10k€20k▲
Other amounts payable47/48€244k€275k▲
Accrued charges and deferred income492/3€6k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€105k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€148k€135k▼
Operating profit (loss)9901€45k€22k▼
Financial charges65/66B€24k€26k▲
Recurring financial charges65€24k€26k▲
Profit (loss) for the period before taxes9903€21k€-3k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€17k€-3k▼
Profit (loss) for the period to be appropriated9905€17k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-3k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€17k€0▼
To other reserves6921€17k€0▼
The notes to these accounts (7 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-3k ▼118%
Net result drops to €-3k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Erpe-Mere · 1 establishment unit since 2021
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.
Joseph Cardijnstraat 189420 Erpe-MereGround area
5,050 m²
Building footprint
3,096 m²
Volume, LiDAR
18,928 m³
Parcel 41016D0700/00F000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bagu
since 20212.323.328.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D0700/00F000 | Flanders | 5,050 m² | 1 · 3,096 m² | 8.4 m · 2 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.
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T&CO
BE 0795.186.994
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De Kleinen Dries
BE 0742.778.587
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VB CLINICAL CONSULTING
BE 1000.301.513
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,205 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
Founded19-10-2021
Fiscal year end30-06
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.