BAIG TRADING

Active

Private limited company (pre-2019)founded 201313 yrs activeKBO/BCE: BE 0534.825.633

The computed 12-month bankruptcy probability of BAIG TRADING is 1.6% (moderate). The 2024 annual accounts show negative equity (€-71k) and a net result of €31k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 26043 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+80

Solvency0=

Growth43▲+9

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.48 against 0.54 in 2023; short-term debt: 196.6% and cash: 8.9% of total assets), and equity is negative.

How do we compute the score and the probability?

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

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 2024

Solvency, return and age of the figures

Solvency

-96.6%

Return on assets

42.5%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 26043 sector peers (2024).

NBB · sector comparison

Position among 26043 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

9 d early

2023

273 d late

2022

87 d late

2021

61 d late

2019

151 d late

2018

5 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€311k▼ 32.2%

2023 · €459k

2018: €442k 2019: €316k 2021: €219k 2022: €383k 2023: €459k

2018 → 2024

EBIT margin

10.8%▲ 12.7pp

2023 · -1.9%

2018: 2.3% 2019: 1.7% 2021: -18.8% 2022: -4.4% 2023: -1.9%

2018 → 2024

Net result

€31k

2023 · €-9k

2018: €5k 2019: €3k 2021: €-41k 2022: €-17k 2023: €-9k

2018 → 2024

Working capital

€-75k▲ 29.6%

2023 · €-106k

2018: €57k 2019: €35k 2021: €-80k 2022: €-97k 2023: €-106k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192021202220232024Trend

Turnover€316k-€219k▼ 30.7%€383k▲ 74.6%€459k▲ 19.7%€311k▼ 32.2%

Equity€34k-€-76k€-94k▼ 22.8%€-102k▼ 9.6%€-71k▲ 30.6%

Operating result€5k-€-41k€-17k▲ 59.0%€-9k▲ 48.1%€33k

Net result€3k-€-41k€-17k▲ 58.0%€-9k▲ 48.5%€31k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €33k after a loss of €9k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €74k

95.3%

Fixed assets €3k=

Current assets €70k▼ 44.1%

Key figures and ratios

2024 value · change against 2023

Solvency

-96.6%▼

2023 · -79.5%

Current ratio

0.48▼

2023 · 0.54

Quick ratio

0.05▲

2023 · 0.03

Debt / equity

-2.04▲

2023 · -2.26

ROA

42.5%▲

2023 · -6.9%

Debt

€145k▼

2023 · €231k

Debt ≤ 1 year

€145k▼

2023 · €231k

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€129k€74k▼

Fixed assets21/28€3k€3k=

Financial fixed assets28€3k€3k=

Current assets29/58€125k€70k▼

Stocks and contracts in progress3€118k€64k▼

Stocks30/36€118k€64k▼

Cash at bank and in hand54/58€7k€7k▼

Equity and liabilities

Total equity and liabilities10/49€129k€74k▼

Equity10/15€-102k€-71k▲

Contributions10/11€6k€6k=

Capital10-€6k

Issued capital100-€19k

Uncalled capital101-€12k

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Legal reserve130-€2k

Reserves not available under the articles1311€2k-

Profit (loss) carried forward14€-111k€-79k▲

Amounts payable17/49€231k€145k▼

Amounts payable within one year42/48€231k€145k▼

Trade debts44€127k€62k▼

Suppliers440/4€127k€62k▼

Taxes, remuneration and social security45€56k€54k▼

Taxes450/3€19k€23k▲

Remuneration and social security454/9€36k€30k▼

Other amounts payable47/48€48k€29k▼

Income statement Code20232024

Turnover70€459k€311k▼

Goods, raw materials, services and sundry goods60/61€347k€384k▲

Remuneration, social security and pensions62€41k-

Gross operating margin9900€32k€33k▲

Operating profit (loss)9901€-9k€33k▲

Financial charges65/66B€186€2k▲

Recurring financial charges65€186€2k▲

Profit (loss) for the period before taxes9903€-9k€31k▲

Profit (loss) for the period9904€-9k€31k▲

Profit (loss) for the period to be appropriated9905€-9k€31k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-111k€-79k▲

Profit (loss) brought forward from the previous period14P€-102k€-111k▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 273 days late

2024

31-12

Financial Back to profitnet €31k

Net result €31k after 3 loss-making years.

2023

26-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 87 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Weakest financial yearnet €-41k ▼1411%

Net result drops to €-41k, the lowest in the series; recovery starts the following year.

2020

29-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 151 days late

2019

05-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 5 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 31 days late

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 30 days late

2016

05-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 5 days late

2015

03-11

NBB filing Annual accounts filed

fiscal year 2014 · full schema · 95 days late

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

2 establishment units since 2013

establishment All 2 establishment units on the map

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.

Ground area

197 m²

Building footprint

107 m²

Volume, LiDAR

1,234 m³

2 parcels, Brussels, Wallonia · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

Baig Trading

Retail trade

since 20132.221.321.081

Middaglijnstraat 38, 1210 Sint-Joost-ten-Node

Retail trade

since 20132.225.293.034

2 parcels

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92322G0327/00_000	Wallonia	135 m²	1 · 44 m²	14.8 m · 4 fl.
21014A0503/00A003	Brussels	62 m²	1 · 62 m²	15.9 m · 4 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Namur2.221.321.081

1 permission

Toelating · Detailhandel · since 31-03-2026

Similar companies · same sector, comparable size

Retail Degryse

BE 1017.317.588

Oudenaarde · Eq €34k

Jamila slagerij en supermarkt

Sint-Gillis (bij-Brussel) · Eq €34k

L.G.U. TRADING

BE 0769.368.762

Schaarbeek · Eq €34k

Of 10,524 companies in sector 47110 we hold annual accounts for 5,860. 4,499 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded30-05-2013

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.