Summary
BAKOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €659,004 and a net result of €127,832. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 9871 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
31 d late
2022
10 d early
2021
52 d early
2020
44 d late
2019
46 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 2 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€659,004▲ 24.1%
2023 · €531,173
Net result
€127,832▼ 38.5%
2023 · €207,743
Total assets
€822,495▲ 6.9%
2023 · €769,579
Solvency
80.1%▲ 11.1pp
2023 · 69.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€116,696▲ 31.4%€260,167▲ 123%€147,510▼ 43.3%€279,630▲ 89.6%€167,913▼ 40.0%
Net result€91,038above the sector's middle half▲ 45.0%€198,147above the sector's middle half▲ 118%€114,430above the sector's middle half▼ 42.3%€207,743above the sector's middle half▲ 81.5%€127,832above the sector's middle half▼ 38.5%
Equity€301,253within the sector's middle half▲ 43.3%€499,400above the sector's middle half▲ 65.8%€623,430above the sector's middle half▲ 24.8%€531,173above the sector's middle half▼ 14.8%€659,004above the sector's middle half▲ 24.1%
Total assets€501,399within the sector's middle half▲ 15.6%€601,028within the sector's middle half▲ 19.9%€865,988within the sector's middle half▲ 44.1%€769,579within the sector's middle half▼ 11.1%€822,495within the sector's middle half▲ 6.9%
Debt€200,146▼ 10.5%€101,628▼ 49.2%€242,558▲ 139%€238,406▼ 1.7%€163,490▼ 31.4%
Working capital-€7,444within the sector's middle half€188,708above the sector's middle half€291,719above the sector's middle half▲ 54.6%€192,503above the sector's middle half▼ 34.0%€320,026above the sector's middle half▲ 66.2%
Solvency60.1%within the sector's middle half▲ 11.6pp83.1%above the sector's middle half▲ 23.0pp72.0%within the sector's middle half▼ 11.1pp69.0%within the sector's middle half▼ 3.0pp80.1%above the sector's middle half▲ 11.1pp
Current ratio0.94within the sector's middle half▼ 0.625.55above the sector's middle half▲ 4.612.53within the sector's middle half▼ 3.021.99within the sector's middle half▼ 0.543.49within the sector's middle half▲ 1.50
Return on assets (ROA)18.2%within the sector's middle half▲ 3.7pp33.0%above the sector's middle half▲ 14.8pp13.2%within the sector's middle half▼ 19.8pp27.0%above the sector's middle half▲ 13.8pp15.5%within the sector's middle half▼ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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 falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €822,495
Fixed assets
€373,806 ▼ 2.2%
Current assets
€448,688 ▲ 15.8%
Equity and liabilities €822,495
Equity
€659,004 ▲ 24.1%
Debt
€163,490 ▼ 31.4%
Debt's share of the balance-sheet total falls from 31.0% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
19.4%▼
2023 · 39.1%
Debt ≤ 1 year
€128,662▼
2023 · €194,919
Debt > 1 year
€34,828▼
2023 · €43,395
Income taxes
€45,711▼
2023 · €67,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,215 | €29,602 | €28,542 | €32,428 | €34,225 | ▲ 5.5% |
| Other operating charges640/8 | - | €1,951 | €1,483 | €1,909 | €11,643 | ▲ 510% |
| Gross operating margin9900 | €136,518 | €291,721 | €177,535 | €313,967 | €213,781 | ▼ 31.9% |
| Operating profit (loss)9901 | €116,696 | €260,167 | €147,510 | €279,630 | €167,913 | ▼ 40.0% |
| Financial income75/76B | - | €432 | €290 | €1,474 | €6,751 | ▲ 358% |
| Recurring financial income75 | €720 | €432 | €290 | €1,474 | €6,751 | ▲ 358% |
| Financial charges65/66B | - | €1,812 | €2,132 | €5,843 | €1,121 | ▼ 80.8% |
| Recurring financial charges65 | €2,305 | €1,812 | €2,132 | €5,843 | €1,121 | ▼ 80.8% |
| Profit (loss) for the period before taxes9903 | €115,111 | €258,787 | €145,668 | €275,262 | €173,543 | ▼ 37.0% |
| Income taxes67/77 | €24,073 | €60,640 | €31,238 | €67,519 | €45,711 | ▼ 32.3% |
| Profit (loss) for the period9904 | €91,038 | €198,147 | €114,430 | €207,743 | €127,832 | ▼ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €91,038 | €198,147 | €114,430 | €207,743 | €127,832 | ▼ 38.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €501,399 | €601,028 | €865,988 | €769,579 | €822,495 | ▲ 6.9% |
| Fixed assets21/28 | €378,531 | €370,861 | €383,567 | €382,156 | €373,806 | ▼ 2.2% |
| Intangible fixed assets21 | €132 | €72 | €12 | - | - | - |
| Tangible fixed assets22/27 | €373,399 | €365,788 | €378,555 | €377,156 | €368,806 | ▼ 2.2% |
| Land and buildings22 | - | €334,362 | €322,545 | €313,843 | €289,036 | ▼ 7.9% |
| Plant, machinery and equipment23 | - | €218 | €462 | €277 | €2,165 | ▲ 681% |
| Furniture and vehicles24 | - | €31,208 | €55,547 | €63,036 | €77,606 | ▲ 23.1% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €122,868 | €230,167 | €482,421 | €387,422 | €448,688 | ▲ 15.8% |
| Amounts receivable after more than one year29 | - | - | €50,000 | - | - | - |
| Other amounts receivable291 | - | - | €50,000 | - | - | - |
| Amounts receivable within one year40/41 | €70,117 | €40,219 | €131,999 | €262,553 | €46,936 | ▼ 82.1% |
| Trade receivables40 | - | €38,262 | €108,815 | €262,404 | €38,353 | ▼ 85.4% |
| Other amounts receivable41 | - | €1,956 | €23,184 | €149 | €8,583 | ▲ 5,675% |
| Current investments50/53 | - | - | €37,340 | €34,673 | €37,036 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €50,326 | €187,838 | €260,347 | €82,680 | €363,675 | ▲ 340% |
| Deferred charges and accrued income490/1 | - | €2,110 | €2,734 | €7,516 | €1,041 | ▼ 86.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €501,399 | €601,028 | €865,988 | €769,579 | €822,495 | ▲ 6.9% |
| Equity10/15 | €301,253 | €499,400 | €623,430 | €531,173 | €659,004 | ▲ 24.1% |
| Contributions10/11 | - | €9,000 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €292,253 | €292,253 | €292,253 | €292,253 | €292,253 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €290,393 | €290,393 | €290,393 | €292,253 | ▲ 0.6% |
| Profit (loss) carried forward14 | - | €198,147 | €312,577 | €220,320 | €348,152 | ▲ 58.0% |
| Amounts payable17/49 | €200,146 | €101,628 | €242,558 | €238,406 | €163,490 | ▼ 31.4% |
| Amounts payable after more than one year17 | €68,334 | €60,146 | €51,834 | €43,395 | €34,828 | ▼ 19.7% |
| Financial debts170/4 | - | €60,146 | €51,834 | €43,395 | €34,828 | ▼ 19.7% |
| Amounts payable within one year42/48 | €130,312 | €41,459 | €190,702 | €194,919 | €128,662 | ▼ 34.0% |
| Current portion of amounts payable after more than one year42 | - | €8,188 | €8,312 | €8,439 | €8,567 | ▲ 1.5% |
| Trade debts44 | €69,785 | €14,170 | €46,496 | €34,259 | €9,472 | ▼ 72.4% |
| Suppliers440/4 | - | €14,170 | €46,496 | €34,259 | €9,472 | ▼ 72.4% |
| Advances received on contracts in progress46 | - | - | €79,661 | €79,496 | €79,661 | ▲ 0.2% |
| Taxes, remuneration and social security45 | - | €19,101 | €56,233 | €71,326 | €30,962 | ▼ 56.6% |
| Taxes450/3 | - | €19,101 | €23,389 | €39,724 | €30,962 | ▼ 22.1% |
| Remuneration and social security454/9 | - | - | €32,844 | €31,602 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €1,400 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €22 | €22 | €91 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,038 | €198,147 | €114,430 | €207,743 | €127,832 | ▼ 38.5% |
| + Depreciation and write-downs630 | €18,215 | €29,602 | €28,542 | €32,428 | €34,225 | ▲ 5.5% |
| Operating cash flow (approximation) | €109,253 | €227,749 | €142,972 | €240,171 | €162,057 | ▼ 32.5% |
| Investment in fixed assets (approximation) | - | -€21,932 | -€41,248 | -€31,017 | -€25,875 | ▲ 16.6% |
| Change in cash | - | €137,512 | €72,509 | -€177,666 | €280,995 | ▲ 258% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
07-04
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €207,743 ▲81.5%
Operating result €279,630, net result €207,743, both a record.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €623,430 ▲24.8%
5 profitable years in a row build equity to €623,430.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 5.55
Current ratio from 0.94 to 5.55; short-term debt falls from €130,312 to €41,459.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €62,780 ▼54.6%
Net result drops to €62,780, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €210,215 ▲42.6%
2 profitable years in a row build equity to €210,215.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
State Gazette act
Board meeting · General meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB 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, Kortrijk · 1 establishment unit since 2018
Ground area
237 m²
Building footprint
115 m²
Volume, LiDAR
1,194 m³
Parcel 34022E0129/00S002, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BAKOR
since 20182.274.680.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0129/00S002 | Flanders | 237 m² | 1 · 115 m² | 15.4 m · 4 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.
Structure & network
Owners and holdings
Owners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
14.6%
According to the 2023 annual accounts of BAKOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 201 EUR awarded · 97 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 83 EUR | 0 EUR |
| 2024 | 1 | 118 EUR | 97 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
699400VXCYL6HAS56Q06
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,389 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
Founded20-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
77222Rental and leasing activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692718075
Also
9925:BE0692718075
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.