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BANTOUSEL

Active
Public limited companyfounded 1985active for 41 yearsWervikstraat(KOM) 48, 7780 Comines-Warneton, BelgiumKBO/BCE: BE 0427.042.993
Summary

BANTOUSEL has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€2,074. Equity is growing by about 7.6% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,074▲ 80.3%
2024 · -€10,527
Working capital
€317,144▲ 9.5%
2024 · €289,688
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €917 in 2025 against €8,802 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.001m 2025 Net result-€0.002m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.02m▼ 90.2%€0.03m▲ 29.2%€0.1m▲ 298%-€0.004m€0.008m-€0.009m-€0.001m▲ 89.6%
Net result€0.1m-€0.02m▼ 88.2%€0.02m▲ 2.8%€0.08m▲ 320%-€0.001m€0.009m-€0.01m-€0.002m▲ 80.3%
Equity€0.7m-€0.8m▲ 2.4%€0.8m▲ 3.5%€0.9m▲ 9.7%€1.2m▲ 42.7%€1.2m▲ 0.7%€1.2m▼ 0.9%€1.2m▼ 0.2%
Total assets€0.8m-€0.8m▲ 2.2%€0.9m▲ 2.2%€1.0m▲ 11.7%€1.7m▲ 76.7%€1.5m▼ 14.1%€1.4m▼ 1.0%€1.4m=
Debt€0.03m-€0.03m▲ 2.5%€0.03m▲ 1.7%€0.03m▲ 3.2%€0.4m▲ 1,120%€0.2m▼ 60.8%€0.2m▼ 0.6%€0.2m▲ 3.1%
Working capital€0.4m-€0.4m▲ 8.4%€0.5m▲ 8.9%€0.3m▼ 35.0%€0.4m▲ 45.3%€0.3m▼ 41.2%€0.3m▲ 15.4%€0.3m▲ 9.5%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.1m ▼ 2.9%
Current assets €353,517 ▲ 10.2%
Equity and liabilities €1.4m
Equity €1.2m ▼ 0.2%
Provisions €59,187 ▼ 4.1%
Debt €162,151 ▲ 3.1%
Debt's share of the balance-sheet total rises from 10.9% to 11.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48,623▲
2024 · €43,774
Cash flow
€47,466▲
2024 · €42,049
Current ratio
9.72▼
2024 · 10.35
Debt to equity
0.13▲
2024 · 0.13
ROE
-0.2%▲
2024 · -0.9%
ROA
-0.1%▲
2024 · -0.7%
Interest coverage
9.74▲
2024 · 9.09
Debt ≤ 1 year
€36,373▲
2024 · €30,997
Debt > 1 year
€123,658=
2024 · €123,658
Income taxes
€83▲
2024 · €66
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m=
Fixed assets21/28€1.1m€1.1m▼
Tangible fixed assets22/27€1.1m€1.1m▼
Land and buildings22€0.5m€0.4m▼
Furniture and vehicles24€0.002m€0.001m▼
Other tangible fixed assets26€0.7m€0.6m▼
Current assets29/58€0.3m€0.4m▲
Amounts receivable within one year40/41€206€0.006m▲
Trade receivables40-€0.006m
Other amounts receivable41€206€456▲
Cash at bank and in hand54/58€0.3m€0.3m▲
Deferred charges and accrued income490/1€0.004m€0.005m▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m=
Equity10/15€1.2m€1.2m▼
Contributions10/11€0.8m€0.8m=
Capital10€0.8m€0.8m=
Issued capital100€0.8m€0.8m=
Revaluation surpluses12€0.02m€0.02m=
Reserves13€0.4m€0.4m▼
Non-distributable reserves130/1€0.08m€0.08m=
Legal reserve130€0.08m€0.08m=
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€0.1m€0.1m=
Profit (loss) carried forward14-€0.01m-€0.007m▲
Provisions and deferred taxes16€0.06m€0.06m▼
Deferred taxes168€0.06m€0.06m▼
Amounts payable17/49€0.2m€0.2m▲
Amounts payable after more than one year17€0.1m€0.1m=
Financial debts170/4€0.1m€0.1m=
Amounts payable within one year42/48€0.03m€0.04m▲
Trade debts44-€0.007m
Suppliers440/4-€0.007m
Other amounts payable47/48€0.03m€0.03m▼
Accrued charges and deferred income492/3€0.003m€0.002m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.05m▼
Other operating charges640/8€0.01m€0.01m▼
Gross operating margin9900€0.06m€0.06m▲
Operating profit (loss)9901-€0.009m-€0.001m▲
Financial income75/76B€0.001m€0.001m▲
Recurring financial income75€0.001m€0.001m▲
Financial charges65/66B€0.005m€0.005m▲
Recurring financial charges65€0.005m€0.005m▲
Profit (loss) for the period before taxes9903-€0.01m-€0.005m▲
Transfer from deferred taxes780€0.003m€0.003m=
Income taxes67/77€66€83▲
Profit (loss) for the period9904-€0.01m-€0.002m▲
Transfer from tax-exempt reserves789€0.008m€0.008m=
Profit (loss) for the period to be appropriated9905-€0.003m€0.006m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.01m-€0.007m▲
Profit (loss) brought forward from the previous period14P-€0.009m-€0.01m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€99,360€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,616€23,943€24,547€34,491€48,386€52,647€52,576€49,540▼ 5.8%
Other operating charges640/8---€6,000€8,718€10,886€13,329€12,348▼ 7.4%
Gross operating margin9900€231,845€49,347€56,392€143,322€52,690€71,310€57,103€60,971▲ 6.8%
Operating profit (loss)9901€203,235€19,996€25,832€102,831-€4,413€7,777-€8,802-€917▲ 89.6%
Financial income75/76B---€254€166€279€627€1,391▲ 122%
Recurring financial income75€12,965€8,284€1,855€254€166€279€627€1,391▲ 122%
Financial charges65/66B---€1,320€1,638€2,006€4,813€4,991▲ 3.7%
Recurring financial charges65€1,497€1,298€1,265€1,320€1,638€2,006€4,813€4,991▲ 3.7%
Profit (loss) for the period before taxes9903€214,703€26,982€26,422€101,765-€5,885€6,049-€12,989-€4,518▲ 65.2%
Transfer from deferred taxes780----€4,594€2,732€2,527€2,527=
Transfer to deferred taxes680---€23,706€0----
Income taxes67/77€12,554€9,396€8,337€2,176€0-€66€83▲ 25.7%
Profit (loss) for the period9904€149,142€17,586€18,085€75,883-€1,292€8,782-€10,527-€2,074▲ 80.3%
Transfer from tax-exempt reserves789----€1,531€8,197€7,582€7,582=
Transfer to tax-exempt reserves689---€71,117€0----
Profit (loss) for the period to be appropriated9905€22,948€17,586€18,085€4,766€240€16,979-€2,945€5,509-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.8m€0.8m€0.9m€1.0m€1.7m€1.5m€1.4m€1.4m=
Fixed assets21/28€0.4m€0.4m€0.4m€0.6m€1.2m€1.2m€1.1m€1.1m▼ 2.9%
Tangible fixed assets22/27€0.4m€0.4m€0.4m€0.6m€1.2m€1.2m€1.1m€1.1m▼ 2.9%
Land and buildings22----€0.5m€0.5m€0.5m€0.4m▼ 2.9%
Furniture and vehicles24----€0.001m€0.001m€0.002m€0.001m▼ 39.1%
Other tangible fixed assets26---€0.4m€0.7m€0.7m€0.7m€0.6m▼ 2.8%
Assets under construction and advance payments27---€0.2m€0----
Current assets29/58€0.4m€0.4m€0.5m€0.3m€0.5m€0.3m€0.3m€0.4m▲ 10.2%
Amounts receivable within one year40/41€0.2m€0.03m€0.02m€0.005m€0.01m€84€206€0.006m▲ 2,901%
Trade receivables40---€41€0.009m€0-€0.006m-
Other amounts receivable41---€0.005m€0.005m€84€206€456▲ 122%
Cash at bank and in hand54/58€0.2m€0.4m€0.5m€0.3m€0.5m€0.3m€0.3m€0.3m▲ 8.0%
Deferred charges and accrued income490/1---€0.003m€0.003m€0.003m€0.004m€0.005m▲ 43.9%
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m€0.9m€1.0m€1.7m€1.5m€1.4m€1.4m=
Equity10/15€0.7m€0.8m€0.8m€0.9m€1.2m€1.2m€1.2m€1.2m▼ 0.2%
Contributions10/11€0.5m€0.5m€0.5m€0.5m€0.8m€0.8m€0.8m€0.8m=
Capital10---€0.5m€0.8m€0.8m€0.8m€0.8m=
Issued capital100---€0.5m€0.8m€0.8m€0.8m€0.8m=
Revaluation surpluses12---€0.004m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.3m€0.3m€0.3m€0.4m€0.4m€0.4m€0.4m€0.4m▼ 1.9%
Non-distributable reserves130/1---€0.05m€0.08m€0.08m€0.08m€0.08m=
Legal reserve130---€0.05m€0.08m€0.08m€0.08m€0.08m=
Tax-exempt reserves132---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 4.1%
Distributable reserves133---€0.1m€0.1m€0.1m€0.1m€0.1m=
Profit (loss) carried forward14-----€0.03m-€0.009m-€0.01m-€0.007m▲ 44.6%
Provisions and deferred taxes16€0.05m€0.05m€0.04m€0.07m€0.07m€0.06m€0.06m€0.06m▼ 4.1%
Deferred taxes168---€0.07m€0.07m€0.06m€0.06m€0.06m▼ 4.1%
Amounts payable17/49€0.03m€0.03m€0.03m€0.03m€0.4m€0.2m€0.2m€0.2m▲ 3.1%
Amounts payable after more than one year17----€0.4m€0.1m€0.1m€0.1m=
Financial debts170/4----€0.4m€0.1m€0.1m€0.1m=
Amounts payable within one year42/48€0.03m€0.03m€0.03m€0.03m€0.04m€0.03m€0.03m€0.04m▲ 17.3%
Trade debts44€49€63--€0.01m€0-€0.007m-
Suppliers440/4----€0.01m€0-€0.007m-
Taxes, remuneration and social security45---€0-----
Taxes450/3---€0-----
Other amounts payable47/48---€0.03m€0.03m€0.03m€0.03m€0.03m▼ 6.2%
Accrued charges and deferred income492/3---€0.001m€0.001m€0.002m€0.003m€0.002m▼ 16.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€149,142€17,586€18,085€75,883-€1,292€8,782-€10,527-€2,074▲ 80.3%
+ Depreciation and write-downs630€23,616€23,943€24,547€34,491€48,386€52,647€52,576€49,540▼ 5.8%
Operating cash flow (approximation)€172,758€41,529€42,631€110,375€47,094€61,429€42,049€47,466▲ 12.9%
Investment in fixed assets (approximation)--€9,221-€4,977-€292,666-€637,866€0-€1,620-€17,050▼ 952%
Change in cash-€180,066€50,781-€144,046€135,120-€171,840€35,868€25,292▼ 29.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 41 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 16-06-2026 2026-00164083
31-12-2024 micro format 07-07-2025 2025-00243027
31-12-2023 micro format 13-06-2024 2024-00126273
31-12-2022 micro format 22-06-2023 2023-00145912
31-12-2021 micro format 16-06-2022 2022-20066845
31-12-2020 full format 08-06-2021 2021-18100200
31-12-2019 full format 25-06-2020 2020-20200105
31-12-2018 full format 17-06-2019 2019-18600130
31-12-2017 full format 08-06-2018 2018-17100302
31-12-2016 full format 15-06-2017 2017-18100440

Show all 41 filings

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