BAKK
ActiveSummary
BAKK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €390k and a net result of €96k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-2
Solvency98=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 3.28 in 2024; short-term debt: 26.7% and cash: 56.2% of total assets), and 26.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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
73.3%
Return on assets
18.1%
Age of the figures
9 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
34 d early
2023
1 d early
2022
24 d late
2021
12 d late
2020
27 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€390k▲ 32.7%
2024 · €294k
2018: €85k
2019: €78k
2020: €72k
2021: €112k
2022: €163k
2023: €215k
2024: €294k
2018 → 2025
Total assets
€533k▲ 32.6%
2024 · €402k
2018: €167k
2019: €170k
2020: €151k
2021: €374k
2022: €315k
2023: €382k
2024: €402k
2018 → 2025
Net result
€96k▲ 21.9%
2024 · €79k
2018: €-26k
2019: €-7k
2020: €-6k
2021: €41k
2022: €51k
2023: €52k
2024: €79k
2018 → 2025
Working capital
€353k▲ 43.8%
2024 · €245k
2018: €40k
2019: €39k
2020: €37k
2021: €78k
2022: €134k
2023: €150k
2024: €245k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€163k▲ 45.4%€215k▲ 32.1%€294k▲ 36.7%€390k▲ 32.7%
Operating result€41k-€70k▲ 70.0%€73k▲ 4.7%€116k▲ 58.7%€135k▲ 16.0%
Net result€41k-€51k▲ 25.4%€52k▲ 3.0%€79k▲ 50.8%€96k▲ 21.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533k
Fixed assets
€38k ▼ 23.1%
Current assets
€495k ▲ 40.4%
Equity and liabilities €533k
Equity
€390k ▲ 32.7%
Debt
€142k ▲ 32.4%
Debt's share of the balance-sheet total stays at 26.7%.
Key figures and ratios
EBITDA
€152k▲
2024 · €133k
Cash flow
€113k▲
2024 · €95k
Current ratio
3.48▲
2024 · 3.28
Quick ratio
3.02▲
2024 · 2.69
Debt to equity
0.36▼
2024 · 0.37
ROE
24.6%▼
2024 · 26.8%
ROA
18.1%▼
2024 · 19.6%
Interest coverage
1804.15▲
2024 · 610.06
Debt ≤ 1 year
€142k▲
2024 · €107k
Income taxes
€39k▲
2024 · €37k
Staff costs
€51k▼
2024 · €57k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€402k€533k▲
Fixed assets21/28€49k€38k▼
Tangible fixed assets22/27€49k€38k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€33k€28k▼
Financial fixed assets28€125€125=
Current assets29/58€353k€495k▲
Stocks and contracts in progress3€64k€65k▲
Stocks30/36€64k€65k▲
Amounts receivable within one year40/41€112k€130k▲
Trade receivables40€106k€124k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€177k€299k▲
Equity and liabilities
Total equity and liabilities10/49€402k€533k▲
Equity10/15€294k€390k▲
Contributions10/11€12k€12k=
Reserves13€205k€302k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€204k€300k▲
Profit (loss) carried forward14€76k€76k=
Amounts payable17/49€107k€142k▲
Amounts payable within one year42/48€107k€142k▲
Financial debts43€2k€356▼
Credit institutions430/8€2k€356▼
Trade debts44€77k€99k▲
Suppliers440/4€77k€99k▲
Taxes, remuneration and social security45€28k€43k▲
Taxes450/3€23k€38k▲
Remuneration and social security454/9€5k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€57k€51k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€192k€205k▲
Operating profit (loss)9901€116k€135k▲
Financial income75/76B€30€454▲
Recurring financial income75€30€454▲
Financial charges65/66B€217€84▼
Recurring financial charges65€217€84▼
Profit (loss) for the period before taxes9903€116k€136k▲
Income taxes67/77€37k€39k▲
Profit (loss) for the period9904€79k€96k▲
Profit (loss) for the period to be appropriated9905€79k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€155k€173k▲
Profit (loss) brought forward from the previous period14P€76k€76k=
Transfer to equity691/2€79k€96k▲
To other reserves6921€79k€96k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €96k ▲21.9%
Operating result €135k, net result €96k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €215k ▲32.1%
3 profitable years in a row build equity to €215k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €150kEq €163k ▲45.4%
2 profitable years in a row build equity to €163k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €112k ▲56.6%
Equity rises from €72k to €112k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
Show earlier events
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Lier · 1 establishment unit since 2002
Ground area
645 m²
Building footprint
157 m²
Volume, LiDAR
932 m³
Parcel 12393D0027/00T000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waversesteenweg 120, 2500 Lier
since 20022.095.860.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393D0027/00T000 | Flanders | 645 m² | 1 · 157 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
ECAREPROTECT
BE 0812.043.814
Izegem · Eq €379k
H.F.GROUP
BE 0478.437.949
Brussel · Eq €407k
ADDAX
BE 0440.561.627
Wevelgem · Eq €409k
OMNISAFE
BE 0809.005.041
Genk · Eq €446k
VAN HOOF VEILIGHEID
BE 0849.060.992
Brecht · Eq €450k
Of 192 companies in sector 46421 we hold annual accounts for 129. 99 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2002
Fiscal year end31-12
Legal name NL
BAKK WERKKLEDIJ
Activities, NACEBEL 2025
13960Manufacture of textiles
46421Wholesale trade
46425Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.