Equity
-€491
Debts exceed assets in financial year 2025.
BAIPS
Part of the group
15 companies in 10 countries
Lifetime
5 annual accounts with figures on one time axispeak €478,272 (2025)
€478,272▲ 25.9%
lowest -€126,833 (2023)
€35,027▲ 20.8%
peak €70,586 (2021)
-€491▲ €35,027
€269,854▲ 26.6%
peak 5.3 FTE (2025)
5.3 FTE▲ 32.5%
Board3 names since 2021
3 directors and 2 others
Owners2 names in the annual accounts
51% and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Gross margin from €379,809 to €478,272Staff from 4 FTE to 5.3 FTEEquity from -€35,518 to -€491Debts from €213,111 to €269,854Cash from €19,347 to €4,266
Key points
from the 2025 annual accountsTurnover
≈ €1.2m estimated
The accounts state no turnover.
Debts
€269,854 100% of the balance sheet
Suppliers 62%Taxes and wages 38%
Staff
5 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 75 days after the end of the period.
Position in the sector
-€491
Less equity than 90% of companies in architecture and engineering. Sector median €268,676 · 2,496 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,182 companies had the same profile as BAIPS has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.9%
stopped another way
4.8%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,182 companies, not a prediction for BAIPS. 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
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Signals
Board and ownership
Director, since 31-03-2021
Director, since 31-03-2021
Director, since 18-04-2023
- 51%score equity -€696,110 (2025) · 2025 annual accounts of
- 39%score equity €157,153 (2025) · 30-06-2025 annual accounts of
Recent changes
Appointment: (director)
General meeting of 18-04-2023 · Gazette deed
First establishment
Avenue Robert Schuman 42, Nivelles
Incorporation
Founding capital of €75,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 02-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAIPS Nivelles | €269,364 | €478,272 | -0.2% | 5.3 |
| LAPORTE EURO Ottignies-Louvain-la-Neuve | €296,046 | €453,775 | -15.9% | 4.4 |
| De² Engineering Chapelle-lez-Herlaimont | €357,809 | €485,253 | 37.7% | 7.5 |
| Marshal Antwerp | €371,432 | €440,537 | -12.8% | 4.6 |
| SAINATECH Charleroi | €285,311 | €547,745 | -242.8% | 8.4 |
| RSK Energy Beringen | €399,945 | €390,351 | 34.5% | 5.7 |
| Beton+ Sint-Niklaas | €303,734 | €391,592 | 57.3% | 3.8 |
These companies have the same main activity as BAIPS: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €285,000 and €400,000, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 31-03-2021Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.317.340.9851401 Nivelles, since 01-04-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €269,364▲ 51.7%
- Employeeson 31-12-2025
- 5▲ 25.0%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Companies linked to BAIPS
Parent and group
Insights on BAIPS
BAIPS files the abbreviated format. That format states no turnover. The gross margin rose from -€3,949 in 2021 to €478,272 in 2025.
holds 51% 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 BAIPS
- What is the company number of BAIPS?
- The company number of BAIPS is 0765.934.566. The VAT number is the same number with BE in front: BE 0765.934.566.
- Where is BAIPS based?
- The registered office is at Avenue Robert Schuman 42, 1401 Nivelles.Company details
- What does BAIPS do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of BAIPS?
- BAIPS is a public limited company (NV).
- When was BAIPS founded?
- BAIPS was founded on 31-03-2021.
- Is BAIPS still active?
- Yes, BAIPS is an active enterprise in the KBO register.
- How many employees does BAIPS have?
- BAIPS had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BAIPS fall under?
- In its 2025 annual accounts, BAIPS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BAIPS?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €478,272 and 35 comparable companies (NACE 711). It probably lies between €860,000 and €1.5m.
- Is BAIPS profitable?
- In financial year 2025, BAIPS made a profit of €35,027.
- Where can I find the annual accounts of BAIPS?
- BAIPS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAIPS due?
- BAIPS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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