BAKA
ActiveSummary
BAKA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,023 and a net result of -€22,100. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-75
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 6.62 against 13.41 in 2023; short-term debt: 13.3% and cash: 39.5% of total assets), and 13.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2024Solvency, return and age of the figures
Solvency
86.7%
Return on assets
-35.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
29 d early
2022
6 d early
2021
34 d early
2020
38 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€54,023▼ 29.0%
2023 · €76,122
Total assets
€62,337▼ 24.3%
2023 · €82,310
Net result
-€22,100
2023 · €4,268
Working capital
€46,722▼ 37.9%
2023 · €75,208
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,594▼ 42.8%€22,488▲ 44.2%€17,311▼ 23.0%€4,297▼ 75.2%-€20,752
Net result€10,871within the sector's middle half▼ 44.4%€16,664within the sector's middle half▲ 53.3%€12,330within the sector's middle half▼ 26.0%€4,268within the sector's middle half▼ 65.4%-€22,100below the sector's middle half
Equity€42,860within the sector's middle half▲ 34.0%€59,524within the sector's middle half▲ 38.9%€71,854within the sector's middle half▲ 20.7%€76,122within the sector's middle half▲ 5.9%€54,023within the sector's middle half▼ 29.0%
Total assets€90,568within the sector's middle half▲ 12.5%€87,330within the sector's middle half▼ 3.6%€76,200within the sector's middle half▼ 12.7%€82,310within the sector's middle half▲ 8.0%€62,337below the sector's middle half▼ 24.3%
Debt€47,708▼ 1.6%€27,806▼ 41.7%€4,346▼ 84.4%€6,188▲ 42.4%€8,314▲ 34.4%
Working capital€42,595▲ 37.6%€59,563▲ 39.8%€71,182▲ 19.5%€75,208▲ 5.7%€46,722▼ 37.9%
Solvency47.3%within the sector's middle half▲ 7.6pp68.2%above the sector's middle half▲ 20.8pp94.3%above the sector's middle half▲ 26.1pp92.5%above the sector's middle half▼ 1.8pp86.7%above the sector's middle half▼ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20,752 after €4,297 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62,337
Fixed assets
€7,300 ▲ 599%
Current assets
€55,037 ▼ 32.3%
Equity and liabilities €62,337
Equity
€54,023 ▼ 29.0%
Debt
€8,314 ▲ 34.4%
Debt's share of the balance-sheet total rises from 7.5% to 13.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€19,222▼
2023 · €4,824
Cash flow
-€20,570▼
2023 · €4,795
Current ratio
6.62▼
2023 · 13.41
Quick ratio
3.72▼
2023 · 8.14
Debt to equity
0.15▲
2023 · 0.08
ROE
-40.9%▼
2023 · 5.6%
ROA
-35.5%▼
2023 · 5.2%
Interest coverage
-184.85▼
2023 · 65.02
Debt ≤ 1 year
€8,314▲
2023 · €6,058
Income taxes
€1,260▲
2023 · -€45
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €78 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,179 | €305 | €486 | €527 | €1,530 | ▲ 190% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4,800 | - | - | - |
| Other operating charges640/8 | - | - | - | €434 | €451 | ▲ 3.8% |
| Non-recurring operating charges66A | - | - | - | €312 | - | - |
| Gross operating margin9900 | €16,773 | €22,793 | €22,597 | €5,570 | -€18,771 | ▼ 437% |
| Operating profit (loss)9901 | €15,594 | €22,488 | €17,311 | €4,297 | -€20,752 | ▼ 583% |
| Financial income75/76B | - | - | - | - | €16 | - |
| Recurring financial income75 | €1 | - | - | - | €16 | - |
| Financial charges65/66B | - | €73 | €530 | €74 | €104 | ▲ 40.2% |
| Recurring financial charges65 | €167 | €73 | €530 | €74 | €104 | ▲ 40.2% |
| Profit (loss) for the period before taxes9903 | €15,428 | €22,415 | €16,781 | €4,223 | -€20,839 | ▼ 594% |
| Income taxes67/77 | €4,557 | €5,751 | €4,451 | -€45 | €1,260 | ▲ 2,915% |
| Profit (loss) for the period9904 | €10,871 | €16,664 | €12,330 | €4,268 | -€22,100 | ▼ 618% |
| Profit (loss) for the period to be appropriated9905 | €10,871 | €16,664 | €12,330 | €4,268 | -€22,100 | ▼ 618% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90,568 | €87,330 | €76,200 | €82,310 | €62,337 | ▼ 24.3% |
| Fixed assets21/28 | €1,165 | €861 | €1,572 | €1,045 | €7,300 | ▲ 599% |
| Tangible fixed assets22/27 | €737 | €433 | €1,144 | €617 | €6,873 | ▲ 1,014% |
| Plant, machinery and equipment23 | - | - | - | - | €6,655 | - |
| Furniture and vehicles24 | - | €433 | €1,144 | €617 | €218 | ▼ 64.7% |
| Financial fixed assets28 | €428 | €428 | €428 | €428 | €428 | = |
| Current assets29/58 | €89,403 | €86,469 | €74,628 | €81,266 | €55,037 | ▼ 32.3% |
| Stocks and contracts in progress3 | €22,094 | €12,543 | €10,044 | €31,939 | €24,088 | ▼ 24.6% |
| Stocks30/36 | - | €12,543 | €10,044 | €31,939 | €24,088 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €51,246 | €47,453 | €18,109 | €22,191 | €4,964 | ▼ 77.6% |
| Trade receivables40 | - | €33,301 | - | €14,917 | €2,562 | ▼ 82.8% |
| Other amounts receivable41 | - | €14,152 | €18,109 | €7,274 | €2,402 | ▼ 67.0% |
| Cash at bank and in hand54/58 | €16,063 | €26,473 | €46,215 | €26,857 | €24,597 | ▼ 8.4% |
| Deferred charges and accrued income490/1 | - | - | €260 | €278 | €1,388 | ▲ 399% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90,568 | €87,330 | €76,200 | €82,310 | €62,337 | ▼ 24.3% |
| Equity10/15 | €42,860 | €59,524 | €71,854 | €76,122 | €54,023 | ▼ 29.0% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Capital10 | - | €6,197 | €6,197 | - | - | - |
| Issued capital100 | - | €18,592 | €18,592 | - | - | - |
| Uncalled capital101 | - | €12,395 | €12,395 | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Legal reserve130 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €34,804 | €51,468 | €63,798 | €68,066 | €45,966 | ▼ 32.5% |
| Amounts payable17/49 | €47,708 | €27,806 | €4,346 | €6,188 | €8,314 | ▲ 34.4% |
| Amounts payable within one year42/48 | €46,808 | €26,906 | €3,446 | €6,058 | €8,314 | ▲ 37.2% |
| Trade debts44 | €36,674 | €24,144 | €981 | €6,000 | €8,307 | ▲ 38.4% |
| Suppliers440/4 | - | €24,144 | €981 | €6,000 | €8,307 | ▲ 38.4% |
| Taxes, remuneration and social security45 | - | €2,762 | €2,465 | €58 | €8 | ▼ 86.6% |
| Taxes450/3 | - | €2,762 | €2,400 | €58 | €8 | ▼ 86.6% |
| Remuneration and social security454/9 | - | - | €65 | - | - | - |
| Accrued charges and deferred income492/3 | - | €900 | €900 | €130 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,871 | €16,664 | €12,330 | €4,268 | -€22,100 | ▼ 618% |
| + Depreciation and write-downs630 | €1,179 | €305 | €486 | €527 | €1,530 | ▲ 190% |
| Operating cash flow (approximation) | €12,050 | €16,969 | €12,816 | €4,795 | -€20,570 | ▼ 529% |
| Investment in fixed assets (approximation) | - | -€1 | -€1,197 | -€0 | -€7,785 | ▼ 38,924,900% |
| Change in cash | - | €10,410 | €19,742 | -€19,358 | -€2,260 | ▲ 88.3% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€22,100
Net result drops to -€22,100, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 7current ratio 21.66
Current ratio from 3.21 to 21.66; short-term debt falls from €26,906 to €3,446.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €19,538 ▲113%
Operating result €27,269, net result €19,538, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Chaumont-Gistoux · 1 establishment unit since 2001
Ground area
4,620 m²
Building footprint
580 m²
Volume, LiDAR
788 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Namur 98, 5030 Gembloux
since 20012.059.294.360
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025B0386/00F000 | Wallonia | 3,575 m² | 1 · 120 m² | 8.2 m · 2 fl. |
| 92053B0055/00F024 | Wallonia | 1,045 m² | 1 · 461 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 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 388 companies in sector 46630 we hold annual accounts for 278. 108 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
Founded17-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46630Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447658364
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.