BAIO CONSTRUCTIONS

Active Public limited companyfounded 1990active for 36 yearsRue Jean Jaurès (L.L) 158, 7100 La LouvièreKBO/BCE: BE 0441.899.435 #3 company by total assets in La Louvière, Real estate sector

BAIO CONSTRUCTIONS

Financial year 2025

Follow Report Compare

Annual accounts 2025

full format, filed on 12-06-2026, 49 days before the deadline

€926,898

▼ 25.0%

€346,534

▼ 37.1%

€455,377

▼ 29.6%

€191,602

▼ 30.3%

28.9%

▲ 0.5 percentage points

1.33

▼ 0.04

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.3m. Estimated: probably between €1.6m and €2.9m.

In the rankings #3 company by total assets in La Louvière, Real estate sector #3 company by equity in La Louvière, Real estate sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €10.8m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

28.9%

Higher than 42% of 5,810 companies in 2025.

1.33

Higher than 51% of 5,561 companies in 2025.

0.8%

Higher than 49% of 5,784 companies in 2025.

BAIO CONSTRUCTIONS Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: top quarter

Staff

€66,251

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, nobody joined and 1 person left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	10.8m	11.0m	12.7m	9.9m	13.6m	17.9m	16.4m	14.3m	13.4m	14.1m	11.5m	12.2m	11.1m	15.0m	13.5m	7.8m	9.9m	10.5m	8.7m	4.4m
`21/28`	1.4m	1.5m	1.5m	1.5m	1.3m	1.4m	1.5m	1.6m	1.8m	1.6m	1.7m	1.5m	1.0m	1.2m	1.3m	2.7m	3.0m	1.8m	1.6m	472,429
`22/27`	492,720	621,256	598,538	676,617	444,773	540,783	634,778	729,652	842,988	740,769	850,037	879,573	972,846	1.1m	1.2m	1.7m	2.0m	1.8m	1.6m	443,177
`22`	349,437	449,551	515,434	581,318	394,546	449,228	503,910	558,592	613,274	667,956	722,638	777,320	832,002	886,684	1.1m	1.4m	1.6m	1.2m	987,169	85,961
`23`	13,811	20,104	30,815	28,310	19,700	33,029	35,138	33,593	38,088	11,969	18,800	27,388	12,119	9,005	10,681	54,591	97,166	154,002	162,803	2,725
`24`	112,055	133,638	39,247	54,791	16,465	53,457	89,840	130,755	185,493	60,844	106,252	58,988	98,938	121,185	54,492	124,536	128,352	213,220	157,792	168,065
`26`	17,418	17,964	13,041	12,198	14,062	5,069	5,891	6,712	6,134	-	2,347	15,877	29,787	45,982	69,678	86,519	106,024	127,053	148,367	147,502
`28`	951,296	859,185	857,685	857,685	857,685	856,899	893,799	893,799	918,397	883,805	882,805	596,351	33,030	106,462	64,102	1.0m	1.0m	31,471	28,961	29,252
`29/58`	9.4m	9.5m	11.3m	8.4m	12.3m	16.5m	14.9m	12.6m	11.7m	12.5m	9.8m	10.8m	10.1m	13.8m	12.2m	5.0m	6.9m	8.7m	7.1m	3.9m
`3`	8.9m	9.0m	10.3m	7.7m	11.4m	16.3m	14.4m	12.1m	11.1m	11.0m	9.5m	10.1m	8.6m	8.3m	6.9m	4.7m	5.6m	4.8m	4.5m	3.4m
`30/36`	8.9m	9.0m	10.3m	7.7m	6.7m	9.2m	2.7m	2.5m	3.5m	3.1m	1.5m	1.8m	2.2m	2.4m	3.4m	2.2m	3.0m	1.6m	2.0m	1.3m
`37`	-	-	-	-	4.7m	7.1m	11.8m	9.6m	7.6m	7.9m	8.0m	8.3m	6.5m	5.9m	3.5m	2.4m	2.7m	3.2m	2.5m	2.1m
`40/41`	353,984	285,271	868,593	514,184	24,486	26,694	19,117	20,960	207,822	62,053	121,949	330,258	88,920	4.3m	4.4m	236,006	909,178	3.5m	1.8m	271,991
`40`	-	-	-	-	-	-	-	-	-	-	-	-	19,036	4.2m	4.3m	83,883	595,738	3.2m	1.8m	271,167
`41`	353,984	285,271	868,593	514,184	24,486	26,694	19,117	20,960	207,822	62,053	121,949	330,258	69,884	118,194	32,108	152,123	313,439	228,443	61,407	825
`50/53`	100,042	100,042	100,042	100,042	100,042	100,042	100,042	100,042	100,042	100,042	100,042	252,487	250,950	55,950	55,950	-	-	-	-	-
`54/58`	27,369	42,822	21,414	59,649	772,948	31,213	320,877	411,100	266,690	1.3m	89,113	52,326	1.1m	1.1m	853,666	130,342	281,726	343,426	632,712	194,222
`490/1`	9,774	6,514	15,685	25,107	10,793	3,874	17,247	17,164	22,787	5,530	11,266	22,467	22,981	20,588	3,966	9,436	43,694	53,353	92,826	35,837
Balance sheet: equity and liabilities
`10/49`	10.8m	11.0m	12.7m	9.9m	13.6m	17.9m	16.4m	14.3m	13.4m	14.1m	11.5m	12.2m	11.1m	15.0m	13.5m	7.8m	9.9m	10.5m	8.7m	4.4m
`10/15`	3.1m	3.1m	3.0m	3.0m	2.9m	2.7m	2.5m	2.4m	2.3m	2.3m	2.1m	2.0m	1.9m	1.9m	1.8m	1.4m	1.4m	1.4m	1.3m	1.2m
`10/11`	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000
`10`	87,000	87,000	87,000	87,000	87,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000	87,000
`13`	3.0m	3.0m	2.9m	2.9m	2.8m	2.6m	2.4m	2.3m	2.2m	2.2m	2.0m	1.9m	1.8m	1.8m	1.8m	1.3m	1.4m	1.3m	1.2m	1.1m
`130/1`	8,700	8,700	8,700	8,700	8,700	8,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700	8,700
`133`	3.0m	3.0m	2.9m	2.9m	2.8m	2.6m	2.4m	2.3m	2.2m	2.2m	2.0m	1.9m	1.8m	1.8m	1.7m	1.3m	1.3m	1.3m	1.2m	1.1m
`17/49`	7.7m	7.8m	9.7m	7.0m	10.7m	15.2m	13.9m	11.9m	11.1m	11.8m	9.4m	10.2m	9.2m	13.1m	11.7m	6.4m	8.5m	9.1m	7.4m	3.2m
`17`	650,122	950,404	1.3m	1.5m	1.4m	744,773	853,443	1.1m	954,448	1.1m	1.3m	984,239	1.1m	586,641	673,405	872,464	1.3m	1.2m	1.1m	801,103
`170/4`	643,072	941,134	1.3m	1.5m	1.4m	735,383	842,513	1.1m	940,505	1.0m	1.3m	977,296	1.1m	584,491	671,255	870,314	1.3m	1.2m	1.1m	796,253
`178/9`	7,050	9,270	9,270	17,250	17,250	9,390	10,930	14,643	13,943	9,743	6,943	6,943	3,510	2,150	2,150	2,150	4,850	5,950	5,950	4,850
`42/48`	7.1m	6.9m	8.4m	5.4m	9.3m	14.4m	13.0m	10.8m	10.2m	10.8m	8.1m	9.3m	8.1m	12.5m	11.0m	5.5m	7.1m	7.9m	6.2m	2.4m
`42`	223,318	286,349	234,705	201,379	224,366	152,454	249,606	280,987	268,027	241,542	233,332	132,086	125,728	228,452	234,020	324,815	371,738	316,959	281,082	168,558
`43`	1.8m	2.7m	5.9m	3.2m	5.2m	9.8m	9.2m	7.1m	7.4m	7.8m	6.1m	7.3m	6.2m	6.3m	4.3m	3.8m	5.4m	3.6m	3.7m	1.8m
`430/8`	328,425	343,133	401,100	326,267	301,412	443,870	318,725	205,018	965,846	224,640	300,635	309,129	283,802	18,098	48,121	274,421	12	-	187,977	152,455
`439`	1.5m	2.3m	5.5m	2.8m	4.9m	9.4m	8.9m	6.9m	6.4m	7.6m	5.8m	7.0m	6.0m	6.2m	4.2m	3.5m	5.4m	3.6m	3.5m	1.7m
`44`	407,930	1.0m	826,842	776,218	542,964	1.0m	979,357	1.3m	1.3m	862,652	984,290	920,193	589,312	745,830	953,764	620,196	882,005	489,346	467,436	426,468
`440/4`	407,930	1.0m	826,842	776,218	542,964	1.0m	979,357	1.3m	1.3m	862,652	984,290	920,193	589,312	745,830	953,764	620,196	882,005	489,346	467,436	426,468
`46`	2.0m	1.8m	1.2m	1.1m	707,720	1.2m	498,853	552,764	370,648	141,222	130,568	40,231	789,785	4.9m	4.6m	-	-	3.4m	1.6m	-
`45`	70,423	101,711	74,964	78,151	1.4m	85,603	168,818	538,641	257,082	602,634	279,956	614,788	264,411	165,298	335,718	178,125	458,750	48,427	190,518	17,074
`450/3`	25,122	47,709	22,400	35,197	1.3m	39,222	128,501	497,706	230,625	580,682	254,635	582,865	255,077	161,872	308,368	144,869	455,135	46,831	189,081	15,044
`454/9`	45,301	54,002	52,564	42,955	36,699	46,382	40,317	40,935	26,457	21,953	25,321	31,923	9,334	3,426	27,350	33,255	3,615	1,596	1,437	2,030
`47/48`	2.5m	1.0m	151,089	152,589	1.3m	2.1m	1.9m	1.1m	557,856	1.1m	429,327	212,781	48,403	264,217	563,108	608,329	-	-	-	-
`492/3`	236	-	-	-	-	1,534	2,647	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.5m	5.3m	-	-	-
`76A`	17,328	94,489	18,070	127,383	6,814	31,434	76,585	85,156	60,835	30,178	10,957	94,564	12,445	24,504	674,098	60,965	98,429	14,451	51,353	26,898
`9900`	926,898	1.2m	1.2m	855,174	1.2m	1.2m	1.4m	1.3m	1.3m	1.1m	1.3m	815,837	932,594	932,132	592,907	726,701	913,245	940,497	925,580	665,796
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.8m	5.6m	-	-	-
`62`	397,506	514,589	521,084	434,113	406,928	351,000	485,754	500,474	389,268	302,303	355,666	310,689	361,868	314,002	273,530	282,208	297,337	341,925	291,031	285,806
`630`	108,843	95,898	94,657	85,042	111,429	108,031	127,864	128,201	131,384	112,639	122,943	125,030	121,067	137,063	181,569	252,183	266,536	254,020	222,906	94,854
`640/8`	36,180	42,561	40,226	52,310	43,243	37,828	81,998	100,636	86,237	22,887	42,812	26,572	32,085	80,586	48,112	21,087	51,355	34,616	43,544	20,458
`66A`	37,835	31,666	750	46,819	7,148	5,179	59,341	44,207	7,049	17,036	87,773	32,811	8,377	7,177	7,369	4,872	5,762	19,336	44,646	5,702
`9901`	346,534	551,172	527,487	236,890	657,917	653,128	608,466	570,080	649,280	681,896	759,516	353,546	417,575	400,482	89,697	171,223	298,016	309,935	368,100	264,678
`75/76B`	8,411	34,201	43,079	3,399	5,310	9,111	79,375	6,641	13,874	6,855	2,211	19,011	12,249	26,677	8,051	7,626	10,322	56,025	39,914	11,900
`75`	8,411	34,201	43,079	3,399	5,310	9,111	79,375	6,641	13,874	6,855	2,211	19,011	12,249	26,677	8,051	7,626	10,322	56,025	39,914	11,900
`65/66B`	215,573	372,464	447,674	193,766	287,218	308,268	388,037	300,382	352,779	443,153	458,078	360,194	354,216	282,797	249,259	339,228	304,656	280,234	216,331	107,144
`65`	215,573	372,464	447,674	193,766	287,218	308,268	388,037	300,382	352,779	426,116	458,078	360,194	354,216	282,797	249,259	339,228	304,656	280,234	216,331	107,144
`66B`	-	-	-	-	-	-	-	-	-	17,036	-	-	-	-	-	-	-	-	-	-
`9903`	139,371	212,908	122,891	46,524	376,009	353,971	299,803	276,340	310,375	245,599	226,833	74,115	79,676	161,689	515,218	-104,287	96,348	80,841	198,389	190,631
`67/77`	56,612	33,716	49,293	8,661	91,421	95,611	100,000	126,186	89,503	95,165	108,927	7,047	6,593	51,215	25,000	-15,006	21,469	47,877	34,948	83,310
`9904`	82,759	179,193	73,598	37,863	284,588	258,361	199,803	150,154	220,872	150,433	117,906	67,068	73,083	110,474	490,218	-89,281	74,879	32,964	163,442	107,320
`9905`	82,759	179,193	73,598	37,863	284,588	258,361	199,803	150,154	220,872	150,433	117,906	67,068	73,083	110,474	490,218	-89,281	74,879	32,964	163,442	107,320
Appropriation of the result
`9906`	82,759	179,193	73,598	37,863	284,588	258,361	199,803	150,154	220,872	150,433	117,906	67,068	73,083	110,474	490,218	-89,281	74,879	32,964	163,442	107,320
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89,281	-	-	-	-
`691/2`	12,759	84,193	73,598	37,863	204,588	188,361	139,803	70,154	50,872	150,433	117,906	67,068	73,083	10,474	490,218	-	74,879	32,964	163,442	107,320
`6921`	12,759	84,193	73,598	37,863	204,588	188,361	139,803	70,154	50,872	150,433	117,906	67,068	73,083	10,474	490,218	-	74,879	32,964	163,442	107,320
`694/7`	70,000	95,000	-	-	80,000	70,000	60,000	80,000	170,000	-	-	-	-	100,000	-	-	-	-	-	-
`694`	70,000	95,000	-	-	80,000	70,000	60,000	80,000	170,000	-	-	-	-	-	-	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	-	-	-	-	-	-
Social balance sheet
`9087`	6	7	8.4	8.9	8.2	8.1	8.6	9	8.3	7.3	7	6.3	8	7.8	7.1	8.2	7.4	7.9	8.6	8.7
Hours worked`1013`	6,796	10,164	10,652	10,796	9,828	9,486	13,178	14,050	11,943	9,174	11,208	9,216	13,167	12,913	11,101	10,216	12,014	12,478	13,012	13,400
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 12-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	12-06-2026	2026-00155436	PDF
31-12-2024	full format	25-06-2025	2025-00173160	PDF
31-12-2023	full format	19-06-2024	2024-00140282	PDF
31-12-2022	full format	03-07-2023	2023-00189335	PDF
31-12-2021	full format	20-06-2022	2022-20079243	PDF
31-12-2020	full format	07-06-2021	2021-17600413	PDF
31-12-2019	full format	24-06-2020	2020-20000107	PDF
31-12-2018	full format	03-06-2019	2019-15300468	PDF
31-12-2017	full format	17-07-2018	2018-33900033	PDF
31-12-2016	full format	11-07-2017	2017-29600486	PDF
31-12-2015	full format	01-07-2016	2016-25800335	PDF
31-12-2014	full format	03-07-2015	2015-26400114	PDF
31-12-2013	full format	10-04-2014	2014-08900385	PDF
31-12-2012	full format	06-06-2013	2013-15700324	PDF
31-12-2011	full format	11-06-2012	2012-16300380	PDF
31-12-2010	full format	06-06-2011	2011-14200050	PDF
31-12-2009	full format	02-06-2010	2010-14500563	PDF
31-12-2008	full format	15-06-2009	2009-23600351	PDF
31-12-2007	full format	02-06-2008	2008-17700364	PDF
31-12-2006	full format	08-06-2007	2007-20400209	PDF
31-12-2005	full format	13-06-2006	2006-24605202	PDF
31-12-2004	full format	08-06-2005	2005-23501465	PDF
31-12-2003	full format	04-06-2004	2004-21200428	PDF
31-12-2002	full format	24-06-2003	2003-31102422	PDF
31-12-2001	full format	06-06-2002	2002-18605185	PDF
31-12-2000	full format	01-06-2001	2001-16504414	PDF
31-12-1999	full format	06-06-2000	2000-18301385	PDF
31-12-1998	full format	10-06-1999	1999-16702059	PDF
31-12-1997	full format	05-05-1998	1998-08505056	PDF
31-12-1996	full format	30-06-1997	1997-23302752	PDF
31-12-1995	full format	12-07-1996	1996-33503712	PDF
31-12-1994	full format	15-05-1995	1995-08005238	PDF
31-12-1993	full format	03-06-1994	1994-11703856	PDF
31-12-1992	full format	12-10-1993	1993-39602656	PDF
31-12-1991	full format	02-06-1992	1992-07705010	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
455,377	647,070	622,143	321,932	769,346	761,159	736,330	698,281	780,664	794,535	882,458	478,576	538,642	537,544	271,265	423,406	564,552	563,955	591,006	359,532
191,602	275,091	168,255	122,905	396,017	366,392	327,667	278,355	352,256	263,072	240,849	192,099	194,150	247,537	671,786	162,902	341,415	286,984	386,347	202,174
106,648	120,116	16,578	404,214	16,205	18,442	41,390	16,264	270,153	3,635	379,861	595,078	31,057	166,062	58,820	101,041	1.5m	474,301	1.4m	219,767
-15,453	21,408	-38,235	-713,299	741,734	-289,664	-90,223	144,410	-1.1m	1.3m	36,787	-1.0m	-7,779	233,159	723,324	-151,384	-61,700	-289,286	438,490	-
2.3m	2.6m	2.9m	2.9m	3.0m	2.1m	1.8m	1.9m	1.5m	1.7m	1.7m	1.5m	2.0m	1.3m	1.2m	-507,679	-259,947	748,232	863,996	1.5m
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.8%	5.6%	-	-	-
28.9%	28.4%	23.8%	29.8%	21.4%	15.2%	15.4%	16.7%	17.2%	16.1%	18.3%	16.3%	17.4%	12.4%	13.6%	17.4%	14.6%	13.0%	15.3%	26.6%
1.33	1.37	1.34	1.54	1.32	1.14	1.14	1.17	1.15	1.16	1.21	1.16	1.25	1.10	1.11	0.91	0.96	1.09	1.14	1.62
0.07	0.06	0.12	0.13	0.10	0.01	0.04	0.05	0.06	0.14	0.04	0.07	0.18	0.44	0.48	0.07	0.17	0.49	0.41	0.21
2.47	2.52	3.21	2.36	3.67	5.60	5.50	4.99	4.82	5.23	4.46	5.14	4.76	7.08	6.33	4.74	5.87	6.68	5.54	2.76
2.7%	5.8%	2.4%	1.3%	9.8%	9.5%	7.9%	6.3%	9.6%	6.7%	5.6%	3.4%	3.8%	6.0%	26.6%	-6.6%	5.2%	2.4%	12.3%	9.2%
0.8%	1.6%	0.6%	0.4%	2.1%	1.4%	1.2%	1.1%	1.6%	1.1%	1.0%	0.5%	0.7%	0.7%	3.6%	-1.2%	0.8%	0.3%	1.9%	2.4%
2.11	1.74	1.39	1.66	2.68	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7 days	41 days	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60 days	58 days	-	-	-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	6	7	8	8	9
full-time	6	7	8	8	9
in full-time equivalents	6	7	8	8	9
	6	7	8.4	8.9	8.2
On a permanent contract	6	7	8	8	9
Joined	0	0	3	1	1
Left	1	1	3	2	0

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€873,440	€1.2m	€1.6m	€1.7m	€1.6m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€14,537	€118,616	€16,578	€404,214	€15,419
Financial fixed assets	€92,111	€1,500	-	-	€786
	€108,843	€95,898	€94,657	€85,042	€111,429

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BAIO CONSTRUCTIONS

The operating result for 2025 is 37% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 71.6% to 71.1%. Equity is higher and debt is lower.

Large changes and their cause

2024 Net result +143% on 2023. The 2024 profit included a one-off income of €94,489.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency28.9%

Current ratio1.33

Return on assets0.8%

Staff

Staff cost per FTE€66,251

Joined and left-1 person

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on BAIO CONSTRUCTIONS

Next steps

in €m

in euro

28.9%

1.33

0.8%

€66,251

-1 person