BAIBUN
ActiveThe computed 12-month bankruptcy probability of BAIBUN is 5.4% (elevated). The 2024 annual accounts show negative equity (€-12k) and a net result of €224. Equity is shrinking by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 18936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency38▲+3
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.59 in 2023), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
-39.3%
Return on assets
0.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 18936 sector peers (2024).
NBB · sector comparisonPosition among 18936 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
115 d late
2022
on the day
2021
2 d early
2020
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-12k▲ 1.9%
2023 · €-12k
2020: €1k
2021: €-3k
2022: €-9k
2023: €-12k
2020 → 2024
Total assets
€29k▲ 34.9%
2023 · €22k
2020: €28k
2021: €35k
2022: €24k
2023: €22k
2020 → 2024
Net result
€224
2023 · €-2k
2020: €196
2021: €-4k
2022: €-6k
2023: €-2k
2020 → 2024
Working capital
€-11k▲ 18.0%
2023 · €-14k
2020: €1k
2021: €-13k
2022: €-16k
2023: €-14k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€-3k€-9k▼ 200%€-12k▼ 25.2%€-12k▲ 1.9%
Operating result€376-€-5k€-7k▼ 36.6%€-3k▲ 58.7%€-846▲ 70.0%
Net result€196-€-4k€-6k▼ 44.9%€-2k▲ 62.3%€224
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €846 in 2024 against €3k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€217▼ 91.1%
Current assets
€29k▲ 50.7%
Key figures and ratios
EBITDA
€1k▲
2023 · €1k
Cash flow
€2k▲
2023 · €1k
Solvency
-39.3%▲
2023 · -54.0%
Current ratio
0.72▲
2023 · 0.59
Quick ratio
0.72▲
2023 · 0.59
Debt / equity
-3.55▼
2023 · -2.85
ROE
-1.9%▼
2023 · 20.1%
ROA
0.8%▲
2023 · -10.9%
Interest coverage
4.07▲
2023 · 2.35
Debt
€41k▲
2023 · €34k
Debt ≤ 1 year
€40k▲
2023 · €33k
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€22k€29k▲
Fixed assets21/28€2k€217▼
Tangible fixed assets22/27€2k€217▼
Plant, machinery and equipment23€2k€217▼
Current assets29/58€19k€29k▲
Amounts receivable within one year40/41€17k€28k▲
Other amounts receivable41€17k€28k▲
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€888€1k▲
Equity and liabilities
Total equity and liabilities10/49€22k€29k▲
Equity10/15€-12k€-12k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-13k€-13k▲
Amounts payable17/49€34k€41k▲
Amounts payable within one year42/48€33k€40k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€330€677▲
Suppliers440/4€330€417▲
Bills of exchange payable441-€260
Taxes, remuneration and social security45€249€177▼
Taxes450/3€249€177▼
Other amounts payable47/48€32k€35k▲
Accrued charges and deferred income492/3€557€571▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€593€701▲
Gross operating margin9900€2k€2k▲
Operating profit (loss)9901€-3k€-846▲
Financial income75/76B€888€1k▲
Recurring financial income75€888€1k▲
Financial charges65/66B€436€338▼
Recurring financial charges65€436€338▼
Profit (loss) for the period before taxes9903€-2k€224▲
Profit (loss) for the period9904€-2k€224▲
Profit (loss) for the period to be appropriated9905€-2k€224▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-13k▲
Profit (loss) brought forward from the previous period14P€-10k€-13k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €224
Net result €224 after 3 loss-making years.
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 115 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Schilde · 1 establishment unit since 2019
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.
Wijnegemsteenweg 62970 SchildeGround area
158 m²
Building footprint
105 m²
Volume, LiDAR
470 m³
Parcel 11041B0303/00V000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAIBUN
since 20192.294.480.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0303/00V000 | Flanders | 158 m² | 1 · 105 m² | 7.4 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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LOPRO
BE 0863.067.594
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BOUCHERIT
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 2,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2019
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.