BAIE
ActiveBAIE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554k and a net result of €-62k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 94% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 4.97 in 2024), and 9.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.9%
Return on assets
-10.2%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
2025
10 d late
2024
27 d late
2023
19 d late
2022
24 d late
2021
31 d late
2020
46 d early
2019
27 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€554k▼ 10.1%
2024 · €616k
2018: €571k
2019: €614k
2020: €629k
2021: €584k
2022: €607k
2023: €680k
2024: €616k
2018 → 2025
Total assets
€609k▼ 13.7%
2024 · €706k
2018: €1.00M
2019: €967k
2020: €934k
2021: €850k
2022: €895k
2023: €855k
2024: €706k
2018 → 2025
Net result
€-62k▲ 3.4%
2024 · €-64k
2018: €32k
2019: €44k
2020: €15k
2021: €-45k
2022: €22k
2023: €73k
2024: €-64k
2018 → 2025
Working capital
€89k▼ 42.7%
2024 · €156k
2018: €103k
2019: €167k
2020: €202k
2021: €143k
2022: €139k
2023: €207k
2024: €156k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€584k-€607k▲ 3.8%€680k▲ 12.0%€616k▼ 9.4%€554k▼ 10.1%
Operating result€-36k-€27k€78k▲ 189%€-63k€-63k▲ 0.2%
Net result€-45k-€22k€73k▲ 231%€-64k€-62k▲ 3.4%
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 €63k in 2025 against €63k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €609k
Fixed assets
€481k▼ 5.6%
Current assets
€127k▼ 34.9%
Equity and liabilities €609k
Equity
€554k▼ 10.1%
Debt
€55k▼ 38.9%
The debt ratio falls from 12.8% to 9.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-14k▲
2024 · €-15k
Cash flow
€-13k▲
2024 · €-16k
Solvency
90.9%▲
2024 · 87.2%
Current ratio
3.37▼
2024 · 4.97
Quick ratio
3.37▼
2024 · 4.97
Debt / equity
0.10▼
2024 · 0.15
ROE
-11.2%▼
2024 · -10.4%
ROA
-10.2%▼
2024 · -9.1%
Interest coverage
-4.89▼
2024 · -3.30
Debt
€55k▼
2024 · €90k
Debt ≤ 1 year
€38k▼
2024 · €39k
Debt > 1 year
€17k▼
2024 · €51k
Income taxes
€132▲
2024 · €128
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€706k€609k▼
Fixed assets21/28€510k€481k▼
Tangible fixed assets22/27€510k€481k▼
Land and buildings22€485k€468k▼
Furniture and vehicles24€25k€14k▼
Financial fixed assets28€260€260=
Current assets29/58€196k€127k▼
Amounts receivable within one year40/41€48k€83k▲
Trade receivables40€7k€5k▼
Other amounts receivable41€40k€78k▲
Cash at bank and in hand54/58€148k€44k▼
Equity and liabilities
Total equity and liabilities10/49€706k€609k▼
Equity10/15€616k€554k▼
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€607k€546k▼
Amounts payable17/49€90k€55k▼
Amounts payable after more than one year17€51k€17k▼
Financial debts170/4€51k€17k▼
Amounts payable within one year42/48€39k€38k▼
Current portion of amounts payable after more than one year42€36k€36k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€49k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€-11k€-9k▲
Operating profit (loss)9901€-63k€-63k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-64k€-62k▲
Income taxes67/77€128€132▲
Profit (loss) for the period9904€-64k€-62k▲
Profit (loss) for the period to be appropriated9905€-64k€-62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€607k€546k▼
Profit (loss) brought forward from the previous period14P€671k€607k▼
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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-64k ▼188%
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €73k ▲231%
Operating result €78k, net result €73k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
BAIETS Bruno Stephane Ferdinand
CurrentDirector · since 14-12-2023
14-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2007
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.
Oplintersesteenweg 5783300 TienenGround area
2,227 m²
Building footprint
307 m²
Volume, LiDAR
1,646 m³
2 parcels, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAIE
since 20072.163.803.942
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24082A0217/00H003 | Flanders | 1,716 m² | 1 · 189 m² | 13.7 m · 2 fl. |
| 24082B0084/00D000 | Flanders | 511 m² | 1 · 117 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
J.V.SYSTEMS
BE 0898.963.930
Halle · Eq €554k
Belectro
BE 0406.856.602
Etterbeek · Eq €553k
GUIDO HELLEBUYCK & CO
BE 0433.541.597
Merelbeke-Melle · Eq €555k
SPM Technologies
BE 0645.987.435
Beveren-Kruibeke-Zwijndrecht · Eq €555k
Climconcept
BE 0476.917.623
Aubel · Eq €555k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 6,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2007
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.