Result
-€510,369 -€510,369
From profit to loss in 2025, after a profit of €911,518 in 2024.
E. BAILLIEN
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €14.3m (2019)
€12.7m▼ 8.1%
lowest -€787,061 (2020)
-€510,369▼ €1.4m
peak €17.3m (2024)
€16.7m▼ 3.0%
€3.3m▲ 13.9%
peak 69 FTE (2024)
67.2 FTE▼ 2.6%
Board7 names since 2019
2 directorsBaillien Emile and 1 other
Owners
92.45%TOBE
Documentsfilings and deeds
25-07-20266 days before the deadline
2025financial year
Loss of €510,369Appointment: YannickBoes (statutory auditor) 31-07Cash from €2.0m to €937,089
Key points
from the 2025 annual accountsPayment terms
29 days to suppliers
E. BAILLIEN pays its suppliers 8 days later than in 2024. Customers pay 27 days later.
Position in the sector
-€510,369
Lower net result than 95% of companies in specialised construction. Sector median €42,671 · 2,464 companies.
Checked score
87
Excellent
Financially stronger than 54% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.1%▼ -0.2 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €510,369 (financial year 2025)
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1988
Equity €16.7m (83.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized). It does better than 97% of them on solvency, 86% on liquidity, 10% on profitability and 23% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 830 companies had the same profile as E. BAILLIEN has now. Each dot stands for 3 companies, two years later.
96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of E. BAILLIEN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 830 companies, not a prediction for E. BAILLIEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.28 (5.2 in 2024), above the usual 1.5. Short-term debt is 11.4% and cash 4.7% of total assets. 16.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 days early
2024
35 days early
2023
35 days early
2022
4 days early
2021
10 days early
2020
30 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434264941
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 1 more · Maasmechelen
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Maasmechelen
Appointment: YannickBoes (statutory auditor)
Permanent representative: JanBaillien · General meeting of 20-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| E. BAILLIEN Maasmechelen | €12.7m | -7.0% | 83.7% | 67.2 |
| WOUTIM Peer | €14.2m | 1.3% | 58.3% | 55.7 |
| DE MEDTS Wijnegem | €19.1m | 4.5% | 28.4% | 95.9 |
| Veldeman Aannemingen Dendermonde | €42.9m | 7.6% | 49.2% | 82.6 |
| Les Entreprises Yvo Rinaldi Flémalle | €33.0m | 1.8% | 3.7% | 41.9 |
| Overseas Import Lubricating Maldegem | €9.4m | -1.6% | 29.5% | 24.5 |
| INDUSTRIELE SCHILDERWERKEN BAETEN Olen | - | - | 58.9% | 33.5 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as E. BAILLIEN: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €6.8m and €27m, founded between 1967 and 1990.
Official details
Source: KBO- Status
- Active since 09-05-1988Normal situation
- Registered office
- 12 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Painting of buildingsNACE 43341and 5 others
- Joint committees
- 201Independent retail
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2025and 1 other
- Establishment units
- 2.039.226.2483630 Maasmechelen, since 14-07-1988
- 2.170.915.7253630 Maasmechelen, since 11-06-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €20.0m▼ 0.6%
- Employeeson 31-12-2025
- 74▼ 8.6%
- Filing
- Filed on 25-07-2026, 6 days before the end of the filing period
Insights on E. BAILLIEN
E. BAILLIEN has existed since 1988. Turnover grew from €2.0m in 2006 to €12.7m in 2025 and staff from 20 to 67.2 full-time equivalents.
TOBE holds 92.45% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about E. BAILLIEN
- What is the company number of E. BAILLIEN?
- The company number of E. BAILLIEN is 0434.264.941. The VAT number is the same number with BE in front: BE 0434.264.941.
- Where is E. BAILLIEN based?
- The registered office is at Industrielaan 81, 3630 Maasmechelen.Company details
- What does E. BAILLIEN do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of E. BAILLIEN?
- E. BAILLIEN is a private limited company (BV).
- When was E. BAILLIEN founded?
- E. BAILLIEN was founded on 09-05-1988.
- Is E. BAILLIEN still active?
- Yes, E. BAILLIEN is an active enterprise in the KBO register.
- How many employees does E. BAILLIEN have?
- E. BAILLIEN had an average of 67.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does E. BAILLIEN fall under?
- In its 2025 annual accounts, E. BAILLIEN states joint committees 201 (Independent retail), 200 (Auxiliary committee for white-collar workers), 124 (Construction) and 109 (Clothing and garment industry).
- What is the turnover of E. BAILLIEN?
- The turnover of E. BAILLIEN was €12.7m in financial year 2025, according to the filed annual accounts.
- Is E. BAILLIEN profitable?
- In financial year 2025, E. BAILLIEN made a loss of €510,369.
- Where can I find the annual accounts of E. BAILLIEN?
- E. BAILLIEN filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of E. BAILLIEN due?
- E. BAILLIEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
See how customers, suppliers and banks see your own company and what to improve first.