Turnover
≈ €140,000 estimated
The micro format states no turnover.
BAOBEI
Overview
Lifetime
1 annual account with figurespeak €49,260 (2025)
€49,260
peak €35,072 (2025)
€35,072
peak €37,072 (2025)
€37,072
€22,187
Board2 names since 2025
2 directorsERNES Stijn Maarten Joris and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Incorporation 02-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsAt the same address
581 companies
Position in the sector
€35,072
Higher net result than 82% of companies in creative and performing arts. Sector median €6,309 · 2,482 companies.
2025 accounts filed 27 days after the deadline
Checked score
97
Excellent
Financially stronger than 75% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.5%
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: < 0.1%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Liquidity: current ratio 2.28, cash €49,355
Equity €37,072 (62.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 (NACE 90, micro). It does better than 63% of them on solvency, 72% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as BAOBEI has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BAOBEI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for BAOBEI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.28, above the usual 1.5. Short-term debt is 37.4% and cash 83.3% of total assets. 37.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
27 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- ERNES Stijn Maarten Joris 60 sharesdeed of 02-05-2025
- WANG Huamei 40 sharesdeed of 02-05-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022856486
Incorporation
Founding capital of €2,000, 100 shares · Founders: ERNES Stijn Maarten Joris and WANG Huamei · Appointments: ERNES Stijn Maarten Joris (director) and WANG Huamei (director) · published on 02-05-2025 · Gazette deed
First establishment
Louizalaan 231, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAOBEI Brussels | €59,259 | €49,260 | 62.6% | - |
| SCRIPTURALE Uccle | €57,027 | €35,475 | 66.5% | - |
| ClinUps Consulting Jurbise | €73,904 | €64,126 | 61.4% | - |
| CHRIS FAES Dilsen-Stokkem | €60,346 | €49,364 | 69.8% | - |
| MASUMA Waremme | €82,187 | €32,328 | 31.7% | - |
| MEAGLE Uccle | €48,064 | €26,778 | 69.6% | - |
| DASYURUS PROD Evere | €44,239 | €23,102 | 34.9% | - |
These companies have the same main activity as BAOBEI: literary creation (NACE 90111). They are comparable in size and age: total assets between €44,200 and €82,200, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 29-04-2025Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Literary creationNACE 90111and 4 others
- Establishment unit
- 2.374.324.3291050 Brussels, since 29-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2026
Insights on BAOBEI
BAOBEI has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,072 and a net result of €35,072.
Its solvency ranks better than 62% of 2,486 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days late€49,260
€44,389
€35,072
€28,404
62.6%
2.28
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €81,000 and €220,000.
Balance sheet
balance sheet total €59,259 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
62.6%
Higher than 62% of 2,486 companies in 2025.
2.28
Higher than 56% of 2,349 companies in 2025.
59.2%
Higher than 95% of 2,394 companies in 2025.
BAOBEI
Middle half of the sector
80% of the sector
Micro accounts in creative and performing arts (NACE 90)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
59,259 | |
21/28 |
8,668 | |
22/27 |
8,018 | |
24 |
8,018 | |
28 |
650 | |
29/58 |
50,591 | |
40/41 |
1,236 | |
41 |
1,236 | |
54/58 |
49,355 | |
| Balance sheet: equity and liabilities | ||
10/49 |
59,259 | |
10/15 |
37,072 | |
10/11 |
2,000 | |
14 |
35,072 | |
17/49 |
22,187 | |
42/48 |
22,187 | |
44 |
8,601 | |
440/4 |
8,601 | |
45 |
11,767 | |
450/3 |
11,767 | |
47/48 |
1,819 | |
| Income statement | ||
9900 |
49,260 | |
630 |
962 | |
640/8 |
3,910 | |
9901 |
44,389 | |
75/76B |
9 | |
75 |
9 | |
65/66B |
273 | |
65 |
97 | |
66B |
176 | |
9903 |
44,125 | |
67/77 |
9,053 | |
9904 |
35,072 | |
9905 |
35,072 | |
| Appropriation of the result | ||
9906 |
35,072 | |
| Document | ||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00454015.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00454015 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 45,351 | ||
| 36,034 | ||
| 9,630 | ||
| 28,404 | ||
| 62.6% | ||
| 2.28 | ||
| 0.60 | ||
| 94.6% | ||
| 59.2% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €8,980 |
| Financial fixed assets | €650 |
| €962 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on BAOBEI
Debt's share of the balance-sheet total is 37.4%.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 29-04-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
Director (not named in the articles)
since 29-04-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”deed of 02-05-2025
Mandates through the years
2 names, the dashed line is todayERNES Stijn Maarten Joris
Director (not named in the articles)
Director (not named in the articles)
WANG Huamei
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- ERNES Stijn Maarten Joris
- Director (not named in the articles), from 29-04-2025 to date
- WANG Huamei
- Director (not named in the articles), from 29-04-2025 to date
Control
Founders
This company
BAOBEI
Equity €37,072
Profit €35,072 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €371 in 2025
- Source
- deed of 02-05-2025
Articles of association
deed of 02-05-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of May at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 02-05-2025 ↗
- ERNES Stijn Maarten Joris 60 shares (60%) · €1,200
- WANG Huamei 40 shares (40%) · €800
Network & group
No group
BAOBEI has no parent and no holdings in its annual accounts. BAOBEI shares no director with another company.
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Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1022856486
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
IncorporationFounding capital of €2,000, 100 shares · Founders: ERNES Stijn Maarten Joris and WANG Huamei · Appointments: ERNES Stijn Maarten Joris (director) and WANG Huamei (director) · published on 02-05-20257 points ▸
- Founder, ERNES Stijn Maarten Joris
- Founder, WANG Huamei
- Founding capital, €2,000, 100 shares
- Registered office clause, Louizalaan 231, 1050 Brussel
- Board rule, 2
- Director appointment, ERNES Stijn Maarten Joris (director (not named in the articles))
- Director appointment, WANG Huamei (director (not named in the articles))
- The deed holds 3 more points.
First establishment Louizalaan 231, Brussels
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1022.856.486
- VAT number
- BE 1022.856.486
- Peppol ID
- 0208:1022856486
- Other Peppol ID
- 9925:BE1022856486
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-04-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of May at 10:00deed of 02-05-2025 (in Dutch)
- Peppol
- Reachable since 23-09-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BAOBEI in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-05-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Brussels Hoofdstedelijk Gewest”deed of 02-05-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
90111
Literary creation main activity
73110
Advertising agencies
Social security (RSZ) activities
73110
Advertising agencies main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Digitaal marketingadvies voor e-commercebedrijven; Het opzetten en onderhouden van de webshop en het uitvoeren van de advertenties op de…”deed of 02-05-2025 (in Dutch)
8 activities
- Digitaal marketingadvies voor e-commercebedrijven
- Het opzetten en onderhouden van de webshop en het uitvoeren van de advertenties op de social media kanalen van de klant
- Merchandise kledingproductie voor B2B klanten
- E-commerce webshop
- Consultancy
- Het aanleggen,oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
- De vennootschap mag tevens de bedrijvigheden coördineren die betrekking hebben op de gehele en gedeeltelijke uitvoering van voltooiing-werken door onderaannemers
- Het aanleggen,oordeelkundig uitbouwen en beheren van een roerend vermogen,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 231 registered office 1050 Brussels 46160 Agents in the wholesale of textiles, clothing, fur, footwear and leather goods | 29-04-2025 | 2.374.324.329 |
Buildings and parcels at the address
- Ground area
- 5,672 m²
- Buildings
- 3,878 m²
- Volume, LiDAR
- 86,391 m³
- Tallest building
- 45.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21807G0131/00T000 | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 |