BAIG'S & CO
Open bankruptcyA bankruptcy procedure is open for BAIG'S & CO according to publications in the Belgian State Gazette; curator: GRAZIELLA MARTINI. The 2024 annual accounts show equity of €6k and a net result of €8k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-08-2025, 17 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
17 d late
2023
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k
2023 · €-7k
2023: €-7k
2023 → 2024
Working capital
€6k
2023 · €-2k
2023: €-2k
2023 → 2024
Multi-year overview
Available amounts per fiscal year
Line20232024Trend
Equity€-2k-€6k
Operating result€-5k-€14k
Net result€-7k-€8k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €5k in 2023.
Balance-sheet composition
Equity and liabilities €31k
Equity
€6k
Debt
€26k
Debt finances 81.4% of the balance-sheet total.
Key figures and ratios
Solvency
18.6%▲
2023 · -9.4%
Current ratio
1.23▲
2023 · 0.91
Quick ratio
1.23▲
2023 · 0.91
Debt / equity
4.38▲
2023 · -11.69
ROE
137.5%
ROA
25.6%▲
2023 · -30.7%
Debt
€26k▼
2023 · €26k
Debt ≤ 1 year
€26k▼
2023 · €26k
Income taxes
€734
Staff costs
€46k▲
2023 · €35k
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€23k€31k▲
Current assets29/58€23k€31k▲
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40-€560
Other amounts receivable41€14k€18k▲
Cash at bank and in hand54/58€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€23k€31k▲
Equity10/15€-2k€6k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-7k€859▲
Amounts payable17/49€26k€26k▼
Amounts payable within one year42/48€26k€26k▼
Trade debts44€6k€21k▲
Suppliers440/4€6k€21k▲
Taxes, remuneration and social security45€15k€4k▼
Remuneration and social security454/9€15k€4k▼
Other amounts payable47/48€5k-
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€355k€341k▼
Remuneration, social security and pensions62€35k€46k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€35k€62k▲
Operating profit (loss)9901€-5k€14k▲
Financial income75/76B€144€185▲
Recurring financial income75€144€185▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-7k€9k▲
Income taxes67/77-€734
Profit (loss) for the period9904€-7k€8k▲
Profit (loss) for the period to be appropriated9905€-7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€859▲
Profit (loss) brought forward from the previous period14P-€-7k
Social balance
Average headcount (FTE)90871.01.5▲
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
2026
13-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · BAIG’S & CO SRL RUE DE LA STATION 3, 5500 DINANT · event 07-07-2026
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 17 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dinant · 1 establishment unit since 2023
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.
Rue de la Station 35500 DinantGround area
194 m²
Building footprint
57 m²
Volume, LiDAR
1,057 m³
Parcel 91034E0580/00K000, Wallonia · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BAIG’S & CO
since 20232.339.810.244
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91034E0580/00K000 | Wallonia | 194 m² | 1 · 57 m² | 19.9 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GRAZIELLA MARTINI RUE DES TILLEULS 25,
5537 ANHEE |
07-07-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDinant2.339.810.244
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 5,623 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.