BAGUI-INVEST
InactiveBAGUI-INVEST was declared bankrupt on 06-04-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 24-06-2025, published in the Belgian State Gazette on 16-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-01-2023, 179 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
179 d late
2020
544 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€21k▼ 6.3%
2020 · €23k
2019: €6k
2020: €23k
2019 → 2021
Total assets
€22k▼ 9.2%
2020 · €24k
2019: €8k
2020: €24k
2019 → 2021
Net result
€-1k
2020 · €17k
2019: €4k
2020: €17k
2019 → 2021
Working capital
€21k▼ 6.3%
2020 · €23k
2019: €6k
2020: €23k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€6k-€23k▲ 303%€21k▼ 6.3%
Operating result€5k-€17k▲ 251%€-1k
Net result€4k-€17k▲ 287%€-1k
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 2021: a loss of €1k after €17k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €22k
Equity
€21k ▼ 6.3%
Debt
€306 ▼ 71.3%
Debt's share of the balance-sheet total falls from 4.5% to 1.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
70.55▲
2020 · 22.30
Debt to equity
0.01▼
2020 · 0.05
ROE
-6.7%▼
2020 · 75.2%
ROA
-6.6%▼
2020 · 71.8%
Debt ≤ 1 year
€306▼
2020 · €1k
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 · 2021 against 2020 · 31 lines
Balance sheet
Code20202021
Assets
Total assets20/58€24k€22k▼
Current assets29/58€24k€22k▼
Amounts receivable within one year40/41€980€1k▲
Other amounts receivable41€980€1k▲
Cash at bank and in hand54/58€23k€20k▼
Equity and liabilities
Total equity and liabilities10/49€24k€22k▼
Equity10/15€23k€21k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€13k▼
Amounts payable17/49€1k€306▼
Amounts payable within one year42/48€1k€306▼
Financial debts43€306€306=
Credit institutions430/8€306€306=
Trade debts44€760-
Suppliers440/4€760-
Income statement
Code20202021
Goods, raw materials, services and sundry goods60/61-€1k
Gross operating margin9900€17k€-1k▼
Operating profit (loss)9901€17k€-1k▼
Financial charges65/66B€33-
Recurring financial charges65€33-
Profit (loss) for the period before taxes9903€17k€-1k▼
Income taxes67/77€125-
Profit (loss) for the period9904€17k€-1k▼
Profit (loss) for the period to be appropriated9905€17k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€13k▼
Profit (loss) brought forward from the previous period14P€-875€15k▲
Transfer to equity691/2€2k-
To the legal reserve6920€2k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BAGUI-INVEST SRL AVENUE DE STALINGRAD 52, 1000 BRUXELLES. déclarée le 6 avril 2023 · event 24-06-2025
2023
17-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BAGUI-INVEST SRL AVENUE DE STALINGRAD 52, 1000 BRUXELLES · event 06-04-2023
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 179 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 544 days late
2021
31-12
Financial
Weakest financial yearnet €-1k ▼108%
Net result drops to €-1k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 70.55
Current ratio from 22.30 to 70.55; short-term debt falls from €1k to €306.
2020
31-12
Financial
Highest result since 2019net €17k ▲287%
Operating result €17k, net result €17k, both a record.
31-12
Financial
Liquidity times 6current ratio 22.30
Current ratio from 3.63 to 22.30; short-term debt falls from €2k to €1k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
15-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 199 days late
2015
16-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 108 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
06-04-2023 → 24-06-2025 |