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BAKKTZ

Active
Public limited companyfounded 201411 years activeHeidestraat 55, 3945 Ham, BelgiumKBO/BCE: BE 0566.941.541
Summary

BAKKTZ has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.9m and a net result of €4.6m. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known1 site
Size
€15.8mtotal assets 2025
Equity
€8.9m
Profit
€4.6m
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Normec Belgium · 80%
Holdings
3
Accounts 122 days early4 of 10 deeds read
Why 84- Liquidity: current ratio 3.81, cash €3,077- 1 of the last 3 late+ Size: total assets €15.8m+ Founded in 2014Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (no NACE code, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 81+25
equity 55.9% of total assets
Liquidity 50=
short-term debt 5.2% · cash 0.0%
Profitability 100+70
return on assets 29.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.5%▼ -0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.1 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.8%▼ -0.1 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.4%▼ -0.4 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit up to €700,000 at 30 days acceptable
Liquidity ample (current ratio 3.81 against 1.25 in 2024; short-term debt: 5.2% and cash: 0% of total assets), and 44.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized): better than 39% on solvency, 40% on liquidity and 98% on profitability.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 3.81, cash €3,077
NBB · annual accounts
lowers risk · Size: total assets €15.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €8.9m
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-01-2026, 122 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
122 days early
2024
28 days late
2023
33 days late
2022
135 days late
2021
9 days early
2020
30 days late
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 10 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · Statutes amendmentShare cancellation · Capital ·…
  3. Capital & sharesPower of attorney · Shareholding

Key points

  • Positive: Equity rose in 2025from €4.2m to €8.9m ▲ 109% View
  • Controlled by Normec Belgiumitself parent of 3 companies 80% View
  • Directors leftlatest change 17-11-2025 · 0 in office 2 left View

By topic

Financials

Fiscal year
2025
Total assets
€15.8m
Profit
€4.6m
Solvency
55.9%
Turnover▲ 53.2%
Net result
20192020
Go to Financials

Timeline

Events
21
Since
2017
  1. 17-11-2025Resignations: BRUINS Joep (director) and ZOMER Christianus…
  2. 14-11-2025Resignation: Maria Princen (director)
  3. 31-10-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
29-10-2014
Year ends
31-10
Peppol
Reachable for e-invoices
Go to Company details

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