BAIR
ActiveSummary
The computed 12-month bankruptcy probability of BAIR is 4.0% (elevated). For BAIR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €920 and a net result of -€11,149. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 24615 sector peers (fiscal year 2023). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-35
Solvency30▼-35
Growth78=
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 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 2023Solvency, return and age of the figures
Solvency
4.8%
Return on assets
-58.6%
Age of the figures
33 mo
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-12-2024, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
151 d late
2022
517 d late
2021
94 d late
2018
31 d late
2017
150 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 189 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€3,247
EBIT margin
-79.3%
Net result
-€11,149▼ 3,878%
2022 · -€280
Working capital
-€2,448
2022 · €7,956
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018202120222023
Turnover€3,247-
Operating result-€12,254--€2,576--€280▲ 89.1%-€10,916▼ 3,795%
Net result-€20,289--€2,576--€280▲ 89.1%-€11,149▼ 3,878%
EBIT margin-79.3%-
Equity-€28-€12,349-€12,068▼ 2.3%€920▼ 92.4%
Total assets€18,691-€25,836-€30,382▲ 17.6%€19,016▼ 37.4%
Debt€18,720-€13,487-€18,313▲ 35.8%€18,097▼ 1.2%
Working capital-€4,587-€8,236-€7,956▼ 3.4%-€2,448
Staff (FTE)0.3-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,916 in 2023 against €280 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €19,016
Fixed assets
€3,368 ▼ 18.1%
Current assets
€15,648 ▼ 40.4%
Equity and liabilities €19,016
Equity
€920 ▼ 92.4%
Debt
€18,097 ▼ 1.2%
Debt's share of the balance-sheet total rises from 60.3% to 95.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€10,171
Cash flow
-€10,404
Current ratio
0.86▼
2022 · 1.43
ROA
-58.6%▼
2022 · -0.9%
Interest coverage
-21.47
Debt ≤ 1 year
€18,097▼
2022 · €18,313
Equity ratios withheld: equity of €920 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €3,247 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €4,905 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65 | €223 | - | €744 | - |
| Other operating charges640/8 | - | €695 | €29 | €688 | ▲ 2,307% |
| Gross operating margin9900 | €1,301 | -€1,658 | -€252 | -€9,484 | ▼ 3,668% |
| Operating profit (loss)9901 | -€12,254 | -€2,576 | -€280 | -€10,916 | ▼ 3,795% |
| Financial income75/76B | - | - | - | €241 | - |
| Recurring financial income75 | - | - | - | €241 | - |
| Financial charges65/66B | - | - | - | €474 | - |
| Recurring financial charges65 | €327 | - | - | €474 | - |
| Profit (loss) for the period before taxes9903 | -€12,581 | -€2,576 | -€280 | -€11,149 | ▼ 3,878% |
| Income taxes67/77 | €7,708 | - | - | - | - |
| Profit (loss) for the period9904 | -€20,289 | -€2,576 | -€280 | -€11,149 | ▼ 3,878% |
| Profit (loss) for the period to be appropriated9905 | -€20,289 | -€2,576 | -€280 | -€11,149 | ▼ 3,878% |
| Line | 2018 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €18,691 | €25,836 | €30,382 | €19,016 | ▼ 37.4% |
| Fixed assets21/28 | €4,558 | €4,112 | €4,112 | €3,368 | ▼ 18.1% |
| Tangible fixed assets22/27 | €2,233 | €1,786 | €1,786 | €1,042 | ▼ 41.7% |
| Other tangible fixed assets26 | - | €1,786 | €1,786 | €1,042 | ▼ 41.7% |
| Financial fixed assets28 | €2,326 | €2,326 | €2,326 | €2,326 | = |
| Current assets29/58 | €14,133 | €21,723 | €26,269 | €15,648 | ▼ 40.4% |
| Amounts receivable within one year40/41 | €2,892 | €17,726 | €22,272 | €6,957 | ▼ 68.8% |
| Trade receivables40 | - | - | €2,308 | €2,308 | = |
| Other amounts receivable41 | - | €17,726 | €19,964 | €4,649 | ▼ 76.7% |
| Cash at bank and in hand54/58 | €11,241 | €3,997 | €3,997 | €5,866 | ▲ 46.8% |
| Deferred charges and accrued income490/1 | - | - | - | €2,825 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €18,691 | €25,836 | €30,382 | €19,016 | ▼ 37.4% |
| Equity10/15 | -€28 | €12,349 | €12,068 | €920 | ▼ 92.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€20,479 | -€8,102 | -€8,383 | -€19,531 | ▼ 133% |
| Amounts payable17/49 | €18,720 | €13,487 | €18,313 | €18,097 | ▼ 1.2% |
| Amounts payable within one year42/48 | €18,720 | €13,487 | €18,313 | €18,097 | ▼ 1.2% |
| Trade debts44 | €1,143 | €8,564 | €10,751 | €9,183 | ▼ 14.6% |
| Suppliers440/4 | - | €8,564 | €10,751 | €9,183 | ▼ 14.6% |
| Taxes, remuneration and social security45 | - | €4,088 | €4,489 | €5,841 | ▲ 30.1% |
| Taxes450/3 | - | €4,088 | €4,489 | €5,841 | ▲ 30.1% |
| Other amounts payable47/48 | - | €835 | €3,073 | €3,073 | = |
| Line | 2018 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,289 | -€2,576 | -€280 | -€11,149 | ▼ 3,878% |
| + Depreciation and write-downs630 | €65 | €223 | - | €744 | - |
| Operating cash flow (approximation) | -€20,224 | -€2,353 | -€280 | -€10,404 | ▼ 3,612% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | - | €0 | €1,869 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 517 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.75 to 1.61; short-term debt falls from €18,720 to €13,487.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 150 days late
2017
31-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 153 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Sint-Jans-Molenbeek · 3 establishment units since 2000
Ground area
461 m²
Building footprint
592 m²
Volume, LiDAR
7,036 m³
3 parcels, Brussels · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
YASMINE
since 20002.096.801.290
YASMINE
since 20082.174.680.513
YASMINE
since 20112.199.801.137
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0639/00F000 | Brussels | 231 m² | 1 · 361 m² | 19.5 m · 6 fl. |
| 21522B0626/00Y000 | Brussels | 149 m² | 1 · 149 m² | 13.8 m · 3 fl. |
| 21526D0148/00H004 | Brussels | 80 m² | 1 · 82 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,215 companies in sector 47711 we hold annual accounts for 888. 119 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47715Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472500361
Also
9925:BE0472500361
Registered
03-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.