BAKA INFRA
ActiveSummary
BAKA INFRA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €19k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-6
Solvency37▲+1
Growth68▼-10
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.86 in 2024; short-term debt: 37.2% and cash: 0.1% of total assets), and 88.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.7%
Return on assets
0.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
15 d late
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€278k▲ 96.1%
2024 · €142k
2024: €142k
2025: €278k▲ +96.1% vs 2024
2024 → 2025
EBIT margin
26.1%▼ 34.8pp
2024 · 60.9%
2024: 60.9%
2025: 26.1%▼ -57.2% vs 2024
2024 → 2025
Net result
€19k▼ 54.6%
2024 · €42k
2019: €22k
2020: €49k▲ +122% vs 2019
2021: €36k▼ -26.3% vs 2020
2022: €22k▼ -38.7% vs 2021
2023: €61k▲ +178% vs 2022highest in 7 years
2024: €42k▼ -30.6% vs 2023
2025: €19k▼ -54.6% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-456k▼ 288%
2024 · €-117k
2019: €73khighest in 7 years
2020: €32k▼ -55.6% vs 2019
2021: €-7k▼ -123% vs 2020
2022: €-36k▼ -389% vs 2021
2023: €-62k▼ -75.1% vs 2022
2024: €-117k▼ -88.6% vs 2023
2025: €-456k▼ -288% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€142k€278k▲ 96.1%
2024: €142k
2025: €278k▲ +96.1% vs 2024
Equity€146k-€167k▲ 14.4%€227k▲ 35.9%€270k▲ 18.6%€289k▲ 7.1%
2021: €146klowest in 5 years
2022: €167k▲ +14.4% vs 2021
2023: €227k▲ +35.9% vs 2022
2024: €270k▲ +18.6% vs 2023
2025: €289k▲ +7.1% vs 2024highest in 5 years
Operating result€53k-€51k▼ 3.3%€100k▲ 94.1%€86k▼ 13.2%€73k▼ 16.0%
2021: €53k
2022: €51k▼ -3.3% vs 2021lowest in 5 years
2023: €100k▲ +94.1% vs 2022highest in 5 years
2024: €86k▼ -13.2% vs 2023
2025: €73k▼ -16.0% vs 2024
Net result€36k-€22k▼ 38.7%€61k▲ 178%€42k▼ 30.6%€19k▼ 54.6%
2021: €36k
2022: €22k▼ -38.7% vs 2021
2023: €61k▲ +178% vs 2022highest in 5 years
2024: €42k▼ -30.6% vs 2023
2025: €19k▼ -54.6% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.46M
Fixed assets
€2.00M ▲ 12.5%
Current assets
€459k ▼ 33.7%
Equity and liabilities €2.46M
Equity
€289k ▲ 7.1%
Debt
€2.17M ▼ 1.4%
Debt's share of the balance-sheet total falls from 89.1% to 88.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€203k▲
2024 · €196k
Cash flow
€149k▼
2024 · €152k
Current ratio
0.50▼
2024 · 0.86
Debt to equity
7.52▼
2024 · 8.17
ROE
6.7%▼
2024 · 15.7%
ROA
0.8%▼
2024 · 1.7%
Interest coverage
4.59▼
2024 · 5.58
Debt ≤ 1 year
€915k▲
2024 · €811k
Debt > 1 year
€1.25M▼
2024 · €1.38M
Income taxes
€9k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.47M€2.46M▼
Fixed assets21/28€1.78M€2.00M▲
Tangible fixed assets22/27€1.77M€2.00M▲
Land and buildings22€1.63M€1.67M▲
Plant, machinery and equipment23€20k€151k▲
Furniture and vehicles24€104k€159k▲
Other tangible fixed assets26€16k€14k▼
Financial fixed assets28€5k€5k▲
Current assets29/58€693k€459k▼
Amounts receivable within one year40/41€668k€441k▼
Trade receivables40€343k€156k▼
Other amounts receivable41€325k€285k▼
Cash at bank and in hand54/58-€3k
Deferred charges and accrued income490/1€25k€15k▼
Equity and liabilities
Total equity and liabilities10/49€2.47M€2.46M▼
Equity10/15€270k€289k▲
Contributions10/11€19k€19k=
Reserves13€251k€270k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€249k€269k▲
Amounts payable17/49€2.20M€2.17M▼
Amounts payable after more than one year17€1.38M€1.25M▼
Financial debts170/4€1.38M€1.25M▼
Amounts payable within one year42/48€811k€915k▲
Current portion of amounts payable after more than one year42€167k€135k▼
Financial debts43€35k€35k=
Credit institutions430/8€35k€35k=
Trade debts44€352k€518k▲
Suppliers440/4€352k€518k▲
Taxes, remuneration and social security45€40k€18k▼
Taxes450/3€40k€18k▼
Other amounts payable47/48€217k€209k▼
Accrued charges and deferred income492/3€10k€9k▼
Income statement
Code20242025
Turnover70€142k€278k▲
Non-recurring operating income76A€143k€0▼
Goods, raw materials, services and sundry goods60/61€99k€96k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€130k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€202k€209k▲
Operating profit (loss)9901€86k€73k▼
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€35k€44k▲
Recurring financial charges65€35k€44k▲
Profit (loss) for the period before taxes9903€51k€28k▼
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€42k€19k▼
Profit (loss) for the period to be appropriated9905€42k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€19k▼
Transfer to equity691/2€42k€19k▼
To other reserves6921€42k€19k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €142k | €278k | ▲ 96.1% |
| Non-recurring operating income76A | - | €94k | €150k | €143k | €0 | ▼ 100% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €99k | €96k | ▼ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €116k | €279k | €90k | €109k | €130k | ▲ 18.9% |
| Other operating charges640/8 | - | €9k | €11k | €6k | €7k | ▲ 16.2% |
| Gross operating margin9900 | €265k | €339k | €201k | €202k | €209k | ▲ 3.9% |
| Operating profit (loss)9901 | €53k | €51k | €100k | €86k | €73k | ▼ 16.0% |
| Financial income75/76B | - | €1k | €1k | €4 | €0 | ▼ 100% |
| Recurring financial income75 | €1k | €1k | €1k | €4 | €0 | ▼ 100% |
| Financial charges65/66B | - | €23k | €34k | €35k | €44k | ▲ 25.7% |
| Recurring financial charges65 | €17k | €23k | €34k | €35k | €44k | ▲ 25.7% |
| Profit (loss) for the period before taxes9903 | €38k | €29k | €66k | €51k | €28k | ▼ 44.6% |
| Income taxes67/77 | €2k | €7k | €5k | €9k | €9k | ▲ 3.2% |
| Profit (loss) for the period9904 | €36k | €22k | €61k | €42k | €19k | ▼ 54.6% |
| Profit (loss) for the period to be appropriated9905 | €36k | €22k | €61k | €42k | €19k | ▼ 54.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €709k | €1.76M | €1.95M | €2.47M | €2.46M | ▼ 0.5% |
| Fixed assets21/28 | €472k | €1.39M | €1.52M | €1.78M | €2.00M | ▲ 12.5% |
| Tangible fixed assets22/27 | €471k | €1.39M | €1.52M | €1.77M | €2.00M | ▲ 12.5% |
| Land and buildings22 | - | €1.05M | €1.30M | €1.63M | €1.67M | ▲ 2.3% |
| Plant, machinery and equipment23 | - | €37k | €24k | €20k | €151k | ▲ 641% |
| Furniture and vehicles24 | - | €260k | €170k | €104k | €159k | ▲ 54.0% |
| Leasing and similar rights25 | - | €13k | - | - | - | - |
| Other tangible fixed assets26 | - | €31k | €19k | €16k | €14k | ▼ 17.4% |
| Financial fixed assets28 | €810 | €810 | €5k | €5k | €5k | ▲ 2.5% |
| Current assets29/58 | €237k | €368k | €429k | €693k | €459k | ▼ 33.7% |
| Amounts receivable within one year40/41 | €161k | €356k | €414k | €668k | €441k | ▼ 34.0% |
| Trade receivables40 | - | €185k | €148k | €343k | €156k | ▼ 54.5% |
| Other amounts receivable41 | - | €172k | €266k | €325k | €285k | ▼ 12.3% |
| Cash at bank and in hand54/58 | - | - | - | - | €3k | - |
| Deferred charges and accrued income490/1 | - | €12k | €15k | €25k | €15k | ▼ 39.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €709k | €1.76M | €1.95M | €2.47M | €2.46M | ▼ 0.5% |
| Equity10/15 | €146k | €167k | €227k | €270k | €289k | ▲ 7.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €126k | €148k | €209k | €251k | €270k | ▲ 7.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €146k | €207k | €249k | €269k | ▲ 7.7% |
| Investment grants15 | - | €1k | - | - | - | - |
| Amounts payable17/49 | €563k | €1.59M | €1.72M | €2.20M | €2.17M | ▼ 1.4% |
| Amounts payable after more than one year17 | €311k | €1.17M | €1.23M | €1.38M | €1.25M | ▼ 9.7% |
| Financial debts170/4 | - | €1.17M | €1.23M | €1.38M | €1.25M | ▼ 9.7% |
| Amounts payable within one year42/48 | €244k | €403k | €491k | €811k | €915k | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | - | €142k | €192k | €167k | €135k | ▼ 19.3% |
| Financial debts43 | - | €24k | €26k | €35k | €35k | = |
| Credit institutions430/8 | - | €24k | €26k | €35k | €35k | = |
| Trade debts44 | €27k | €80k | €155k | €352k | €518k | ▲ 47.1% |
| Suppliers440/4 | - | €80k | €155k | €352k | €518k | ▲ 47.1% |
| Taxes, remuneration and social security45 | - | €62k | €12k | €40k | €18k | ▼ 54.5% |
| Taxes450/3 | - | €62k | €12k | €40k | €18k | ▼ 54.5% |
| Other amounts payable47/48 | - | €95k | €107k | €217k | €209k | ▼ 3.5% |
| Accrued charges and deferred income492/3 | - | €20k | €7k | €10k | €9k | ▼ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €22k | €61k | €42k | €19k | ▼ 54.6% |
| + Depreciation and write-downs630 | €116k | €279k | €90k | €109k | €130k | ▲ 18.9% |
| Operating cash flow (approximation) | €152k | €301k | €151k | €152k | €149k | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | €-1.20M | €-222k | €-367k | €-352k | ▲ 4.0% |
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
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €19k ▼54.6%
Net result drops to €19k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
2023
30-06
Financial
Highest result since 2019net €61k ▲178%
Operating result €100k, net result €61k, both a record.
30-06
Financial
Equity above €200kEq €227k ▲35.9%
5 profitable years in a row build equity to €227k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €150kEq €167k ▲14.4%
4 profitable years in a row build equity to €167k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €100kEq €111k ▲74.9%
2 profitable years in a row build equity to €111k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Temse · 1 establishment unit since 2009
Ground area
1,149 m²
Building footprint
183 m²
Volume, LiDAR
974 m³
Parcel 46008A0262/00F000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Nieuwe Steenweg 176, 9140 Temse
since 20092.175.568.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A0262/00F000 | Flanders | 1,149 m² | 1 · 183 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Verjans & Zoon Grondwerken
BE 0742.501.742
Diepenbeek · Eq €288,699
Rohelma
BE 0567.930.941
Hulshout · Eq €290,046
TERRASSEMENTS BOTTON
BE 0467.458.242
Onhaye · Eq €287,921
TERRASSEMENTS BIAGIO MARIO
BE 0819.783.721
La Louvière · Eq €287,314
JNT omgevingswerken
BE 0684.821.681
Begijnendijk · Eq €287,291
Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,456 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 (pre-2019)
Founded15-01-2009
Fiscal year end30-06
Activities, NACEBEL 2025
43120Site preparation
43130Specialised construction activities
77110Renting and leasing of cars and light motor vehicles
77320Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.