Summary
BAOBAB CONSULTING 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 €201k and a net result of €121k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 58% of 9863 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €201k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2025, 65 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
65 d early
2023
68 d early
2022
31 d early
2021
59 d early
2020
5 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€201k▲ 17.8%
2023 · €170k
2018: €112k
2019: €185k
2020: €262k
2021: €170k
2022: €170k
2023: €170k
2018 → 2024
Net result
€121k▲ 38.9%
2023 · €87k
2018: €78k
2019: €74k
2020: €78k
2021: €94k
2022: €111k
2023: €87k
2018 → 2024
Total assets
€315k▲ 8.2%
2023 · €291k
2018: €142k
2019: €244k
2020: €323k
2021: €298k
2022: €325k
2023: €291k
2018 → 2024
Solvency
63.7%▲ 5.2pp
2023 · 58.5%
2018: 78.9%
2019: 75.9%
2020: 81.2%
2021: 57.2%
2022: 52.4%
2023: 58.5%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€262k-€170k▼ 35.0%€170k=€170k=€201k▲ 17.8%
Operating result€109k-€120k▲ 9.7%€144k▲ 20.4%€111k▼ 22.6%€156k▲ 40.0%
Net result€78k-€94k▲ 20.3%€111k▲ 18.8%€87k▼ 21.6%€121k▲ 38.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 40% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets
€3k ▼ 19.6%
Current assets
€312k ▲ 8.5%
Equity and liabilities €315k
Equity
€201k ▲ 17.8%
Debt
€114k ▼ 5.3%
Debt's share of the balance-sheet total falls from 41.5% to 36.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
60.5%▲
2023 · 51.3%
ROA
38.5%▲
2023 · 30.0%
Debt ≤ 1 year
€114k▼
2023 · €121k
Income taxes
€34k▲
2023 · €24k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€291k€315k▲
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k€892▼
Financial fixed assets28€200€200=
Current assets29/58€288k€312k▲
Amounts receivable within one year40/41€9k€9k=
Trade receivables40€2k€2k=
Other amounts receivable41€7k€7k=
Cash at bank and in hand54/58€278k€304k▲
Deferred charges and accrued income490/1€826-
Equity and liabilities
Total equity and liabilities10/49€291k€315k▲
Equity10/15€170k€201k▲
Contributions10/11€19k€19k=
Reserves13€152k€152k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€150k€150k=
Profit (loss) carried forward14-€30k
Amounts payable17/49€121k€114k▼
Amounts payable within one year42/48€121k€114k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€20k€15k▼
Other amounts payable47/48€97k€96k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€871▼
Other operating charges640/8€526€387▼
Gross operating margin9900€113k€157k▲
Operating profit (loss)9901€111k€156k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€85€425▲
Recurring financial charges65€85€425▲
Profit (loss) for the period before taxes9903€111k€156k▲
Income taxes67/77€24k€34k▲
Profit (loss) for the period9904€87k€121k▲
Profit (loss) for the period to be appropriated9905€87k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€121k▲
Profit to be distributed694/7€87k€91k▲
Return on contributions (dividend)694€87k€91k▲
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
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €121k ▲38.9%
Operating result €156k, net result €121k, both a record.
31-12
Financial
Equity above €200kEq €201k ▲17.8%
7 profitable years in a row build equity to €201k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Equity above €200kEq €262k ▲41.7%
3 profitable years in a row build equity to €262k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €74k ▼5.9%
Net result drops to €74k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €185k ▲64.8%
2 profitable years in a row build equity to €185k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Asse · 1 establishment unit since 2017
Ground area
631 m²
Building footprint
131 m²
Volume, LiDAR
732 m³
Parcel 23041A0153/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAOBAB CONSULTING
since 20172.267.529.408
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23041A0153/00H000 | Flanders | 631 m² | 1 · 131 m² | 9.1 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
De Hoofdzetel
BE 0772.814.836
Koksijde · Eq €200,628
STETAL HOLDING
BE 0753.711.675
Bastogne · Eq €200,679
Mermans Construct
BE 0640.882.364
Retie · Eq €200,780
VitaSol
BE 0822.559.109
Waasmunster · Eq €200,787
Hilde Advisory Hub
BE 1003.783.516
Gent · Eq €200,791
Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,535 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 (pre-2019)
Founded29-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68321Property management for co-owned buildings (syndics)
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.