BAPS
ActiveSummary
BAPS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €50,915 and a net result of €1,103. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 95% of 217 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability43▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 65.52; short-term debt: 1.5% and cash: 71.6% of total assets), and 1.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
98.5%
Return on assets
2.1%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
40 d early
2025
36 d early
2024
31 d early
2023
41 d early
2022
33 d early
2021
40 d early
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€50,915▲ 2.2%
2025 · €49,812
Total assets
€51,696▲ 3.2%
2025 · €50,115
Net result
€1,103▲ 146%
2025 · €448
Working capital
€50,415▲ 2.2%
2025 · €49,312
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€1,148▼ 24.8%€1,400▲ 21.9%€515▼ 63.2%€507▼ 1.5%€1,517▲ 199%
Net result€1,083▼ 25.1%€1,336▲ 23.4%€452▼ 66.2%€448▼ 0.8%€1,103▲ 146%
Equity€47,577▲ 2.3%€48,913▲ 2.8%€49,365▲ 0.9%€49,812▲ 0.9%€50,915▲ 2.2%
Total assets€48,535▲ 3.6%€49,322▲ 1.6%€51,343▲ 4.1%€50,115▼ 2.4%€51,696▲ 3.2%
Debt€957▲ 182%€409▼ 57.3%€1,979▲ 384%€303▼ 84.7%€781▲ 158%
Working capital€47,077▲ 2.2%€48,413▲ 2.8%€48,865▲ 0.9%€49,312▲ 0.9%€50,415▲ 2.2%
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 2026; 2026 is 199% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €51,696
Fixed assets
€500 =
Current assets
€51,196 ▲ 3.2%
Equity and liabilities €51,696
Equity
€50,915 ▲ 2.2%
Debt
€781 ▲ 158%
Debt's share of the balance-sheet total rises from 0.6% to 1.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
65.52
Quick ratio
50.20
Debt to equity
0.02▲
2025 · 0.01
ROE
2.2%▲
2025 · 0.9%
ROA
2.1%▲
2025 · 0.9%
Debt ≤ 1 year
€781▲
2025 · €303
Income taxes
€374
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,866 | €1,812 | €2,310 | €2,084 | €2,104 | ▲ 0.9% |
| Gross operating margin9900 | €3,014 | €3,212 | €2,825 | €2,591 | €3,621 | ▲ 39.7% |
| Operating profit (loss)9901 | €1,148 | €1,400 | €515 | €507 | €1,517 | ▲ 199% |
| Financial income75/76B | - | - | €2 | - | €1 | - |
| Recurring financial income75 | - | - | €2 | - | €1 | - |
| Financial charges65/66B | €66 | €64 | €65 | €59 | €40 | ▼ 31.6% |
| Recurring financial charges65 | €66 | €64 | €65 | €59 | €40 | ▼ 31.6% |
| Profit (loss) for the period before taxes9903 | €1,083 | €1,336 | €452 | €448 | €1,477 | ▲ 230% |
| Income taxes67/77 | €0 | - | - | - | €374 | - |
| Profit (loss) for the period9904 | €1,083 | €1,336 | €452 | €448 | €1,103 | ▲ 146% |
| Profit (loss) for the period to be appropriated9905 | €1,083 | €1,336 | €452 | €448 | €1,103 | ▲ 146% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,535 | €49,322 | €51,343 | €50,115 | €51,696 | ▲ 3.2% |
| Fixed assets21/28 | €500 | €500 | €500 | €500 | €500 | = |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €48,035 | €48,822 | €50,843 | €49,615 | €51,196 | ▲ 3.2% |
| Stocks and contracts in progress3 | €11,877 | €9,857 | €12,472 | €14,577 | €11,965 | ▼ 17.9% |
| Stocks30/36 | €11,877 | €9,857 | €12,472 | €14,577 | €11,965 | ▼ 17.9% |
| Amounts receivable within one year40/41 | €1,798 | €956 | €1,480 | €1,216 | €2,214 | ▲ 82.1% |
| Trade receivables40 | €1,798 | €956 | €1,480 | €1,216 | €2,214 | ▲ 82.1% |
| Cash at bank and in hand54/58 | €34,360 | €38,008 | €36,892 | €33,822 | €37,017 | ▲ 9.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,535 | €49,322 | €51,343 | €50,115 | €51,696 | ▲ 3.2% |
| Equity10/15 | €47,577 | €48,913 | €49,365 | €49,812 | €50,915 | ▲ 2.2% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€2,423 | -€1,087 | -€635 | -€188 | €915 | ▲ 588% |
| Amounts payable17/49 | €957 | €409 | €1,979 | €303 | €781 | ▲ 158% |
| Amounts payable within one year42/48 | €957 | €409 | €1,979 | €303 | €781 | ▲ 158% |
| Trade debts44 | €69 | €64 | €1,350 | €85 | €77 | ▼ 9.9% |
| Suppliers440/4 | €69 | €64 | €1,350 | €85 | €77 | ▼ 9.9% |
| Taxes, remuneration and social security45 | €888 | €345 | €628 | €218 | €705 | ▲ 223% |
| Taxes450/3 | €888 | €345 | €628 | €218 | €705 | ▲ 223% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,083 | €1,336 | €452 | €448 | €1,103 | ▲ 146% |
| Operating cash flow (approximation) | €1,083 | €1,336 | €452 | €448 | €1,103 | ▲ 146% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,649 | -€1,116 | -€3,070 | €3,195 | ▲ 204% |
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
Next filing, fiscal year 2027, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €448 ▼0.8%
Net result drops to €448, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity times 6current ratio 163.76
Current ratio from 25.69 to 163.76; short-term debt falls from €1,979 to €303.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 119.44
Current ratio from 50.18 to 119.44; short-term debt falls from €957 to €409.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 119.73
Current ratio from 49.15 to 119.73; short-term debt falls from €914 to €375.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB 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, Antwerpen · 1 establishment unit since 2010
Ground area
445 m²
Building footprint
384 m²
Volume, LiDAR
8,185 m³
Parcel 11810K1554/00P007, Flanders · tallest building 28.1 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Fine Bubbels
since 20102.190.613.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1554/00P007 | Flanders | 445 m² | 1 · 384 m² | 28.1 m · 8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.190.613.059
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Of 2,336 companies in sector 47251 we hold annual accounts for 422. 307 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
Founded06-08-2010
Fiscal year end31-03
Trade name NL
FINE BUBBLES
Activities, NACEBEL 2025
47251Retail sale of wines and spirits
46341Wholesale of wines and spirits
Contact
E-mail
hjboonen@hotmail.comAntwerpen
Phone
0486 281 887Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.