BAPA BXL
ActiveSummary
BAPA BXL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €0. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 463 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency27=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.11 in 2024; short-term debt: 77.7% and cash: 78.5% of total assets), and 97.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.1%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 463 sector peers (2025).
NBB · sector comparisonPosition among 463 sector peers
Solvency
better than 6%
← weakest
strongest →
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €29k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
on the day
2023
1 d early
2022
13 d early
2021
16 d early
2020
23 d early
2019
41 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€0▼ 100%
2024 · €16k
2018: €-4k
2019: €-2k
2020: €63k
2021: €-17k
2022: €43k
2023: €19k
2024: €16k
2018 → 2025
Working capital
€218k▲ 69.7%
2024 · €128k
2018: €-236k
2019: €-188k
2020: €-130k
2021: €-156k
2022: €31k
2023: €35k
2024: €128k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-50k-€-7k▲ 85.9%€12k€29k▲ 134%€29k=
Operating result€-13k-€44k€19k▼ 55.8%€17k▼ 14.7%€168▼ 99.0%
Net result€-17k-€43k€19k▼ 55.1%€16k▼ 14.9%€0▼ 100%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€90k ▼ 11.8%
Current assets
€1.29M ▲ 3.1%
Equity and liabilities €1.38M
Equity
€29k =
Debt
€1.35M ▲ 2.0%
Debt's share of the balance-sheet total stays at 97.9%.
Key figures and ratios
EBITDA
€17k▼
2024 · €44k
Cash flow
€17k▼
2024 · €43k
Current ratio
1.20▲
2024 · 1.11
Debt to equity
47.11▲
2024 · 46.16
ROE
0.0%▼
2024 · 57.3%
ROA
0.0%▼
2024 · 1.2%
Interest coverage
99.66▼
2024 · 299.33
Debt ≤ 1 year
€1.07M▼
2024 · €1.12M
Staff costs
€1.39M▲
2024 · €1.30M
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.35M€1.38M▲
Fixed assets21/28€102k€90k▼
Tangible fixed assets22/27€38k€26k▼
Land and buildings22€12k€7k▼
Plant, machinery and equipment23€20k€16k▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€64k€64k=
Current assets29/58€1.25M€1.29M▲
Amounts receivable within one year40/41€214k€198k▼
Trade receivables40€15k€400▼
Other amounts receivable41€199k€197k▼
Cash at bank and in hand54/58€1.02M€1.08M▲
Deferred charges and accrued income490/1€11k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.38M▲
Equity10/15€29k€29k=
Profit (loss) carried forward14€29k€29k=
Amounts payable17/49€1.32M€1.35M▲
Amounts payable within one year42/48€1.12M€1.07M▼
Current portion of amounts payable after more than one year42-€179
Trade debts44€47k€94k▲
Suppliers440/4€47k€94k▲
Taxes, remuneration and social security45€121k€127k▲
Taxes450/3€455€0▼
Remuneration and social security454/9€121k€127k▲
Accrued charges and deferred income492/3€201k€279k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€1.30M€1.39M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€17k▼
Other operating charges640/8-€22k
Non-recurring operating charges66A€8-
Gross operating margin9900€1.34M€1.43M▲
Operating profit (loss)9901€17k€168▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€145€168▲
Recurring financial charges65€145€168▲
Profit (loss) for the period before taxes9903€16k€0▼
Profit (loss) for the period9904€16k€0▼
Profit (loss) for the period to be appropriated9905€16k€0▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€29k=
Profit (loss) brought forward from the previous period14P€12k€29k▲
Social balance
Average headcount (FTE)908723.724.6▲
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
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 33 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-17k ▼128%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €63k
Net result €63k after 2 loss-making years.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Brussel · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hallenstraat 41000 BrusselGround area
5,829 m²
Building footprint
4,475 m²
Volume, LiDAR
160,730 m³
2 parcels, Brussels · tallest building 43.4 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
BAPA BXL
since 20162.250.846.297
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0674/00S000 | Brussels | 5,582 m² | 1 · 4,330 m² | 43.4 m · 13 fl. |
| 21004A0481/00B000 ProtectedSite or landscape · MonumentDen Coninck van Spagniën - uitbreiding van de bescherming tot de totaliteitSource ↗ |
Brussels | 246 m² | 1 · 145 m² | 27.0 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 2,203 companies in sector 88999 we hold annual accounts for 802. 376 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 formNon-profit association
Founded16-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.