Equity
BAS paid out €90,000 in dividends. That is 66% of the 2025 profit.
BAS paid out €90,000 in dividends. That is 66% of the 2025 profit.
The accounts state no turnover.
Debts rose by €195,402 in 2025.
Green is investment, beige is depreciation. Machinery stands 291.4% higher than in 2024.
In 2025, 2 people joined and 1 left.
Four of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 61% of them on solvency, 75% on liquidity, 81% on profitability and 63% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 31,368 companies had the same profile as BAS has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAS itself: 0.1% within 12 months.
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 31,368 companies, not a prediction for BAS. 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.
Liquidity is ample, with a current ratio of 1.75 (2.4 in 2024), above the usual 1.5. Short-term debt is 45.3% and cash 32.7% of total assets. However, 53.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BAS Schaerbeek | €0.9m | €306,292 | 46.7% | 3.1 |
| MATKOPEN Brussels | €1.1m | €217,550 | 32.8% | 3.2 |
| E.C.O. Ixelles | €0.7m | €218,054 | 30.0% | 3.3 |
| PIERREUX-JANSSENS Pepingen | €0.8m | €358,613 | 22.0% | 2.8 |
| ANTIEK - BOUW Ypres | €1.2m | €329,383 | 59.0% | 2.9 |
| QUOUGARD Profondeville | €1.0m | €261,347 | 93.0% | 3 |
| GILLES La Bruyère | €1.3m | €251,427 | 64.8% | 2.9 |
These companies have the same main activity as BAS: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €664,000 and €1.3m, founded between 1989 and 2000.
BAS files the abbreviated format. That format states no turnover. The gross margin rose from €30,393 in 2006 to €306,292 in 2025.
KEMALI holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.6m. Estimated: probably between €1.0m and €2.5m.
Higher than 61% of 12,853 companies in 2025.
Higher than 57% of 12,643 companies in 2025.
Higher than 83% of 12,717 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
946,557 | 705,287 | 684,896 | 983,365 | 819,595 | 718,330 | 686,826 | 505,273 | 478,000 | 368,027 | 315,529 | 271,146 | 284,347 | 186,811 | 182,395 | 153,755 | 141,978 | 174,083 | 225,759 | 163,209 | |
21/28 |
193,806 | 124,427 | 57,347 | 71,606 | 67,573 | 64,877 | 36,233 | 48,497 | 69,471 | 45,266 | 22,214 | 8,962 | 9,280 | 13,748 | 3,623 | 17,047 | 31,649 | 44,568 | 58,196 | 7,519 | |
21 |
- | - | - | - | - | - | - | 900 | 1,800 | 2,700 | 3,600 | - | - | - | - | - | - | - | - | - | |
22/27 |
193,806 | 124,427 | 57,347 | 71,606 | 67,573 | 64,877 | 36,233 | 47,597 | 67,671 | 42,566 | 18,614 | 8,962 | 9,280 | 13,748 | 3,623 | 17,047 | 31,649 | 44,568 | 58,196 | 7,519 | |
23 |
50,616 | 12,934 | 19,816 | 25,774 | 23,959 | 9,734 | 24,760 | 31,390 | 46,500 | 42,566 | 8,052 | 3,120 | 1,272 | 2,523 | 1,905 | 2,888 | 3,952 | 1,816 | 2,133 | 3,278 | |
24 |
143,189 | 111,494 | 37,531 | 45,832 | 43,614 | 55,143 | 11,473 | 16,207 | 21,171 | - | 10,562 | 5,842 | 8,008 | 11,225 | 1,718 | 14,159 | 27,697 | 42,752 | 56,063 | 4,241 | |
29/58 |
752,752 | 580,860 | 627,549 | 911,759 | 752,022 | 653,454 | 650,593 | 456,776 | 408,529 | 322,761 | 293,315 | 262,184 | 275,067 | 173,063 | 178,772 | 136,709 | 110,329 | 129,515 | 167,563 | 155,690 | |
3 |
379,908 | 270,153 | 251,676 | 504,891 | 503,246 | 476,219 | 452,745 | 326,861 | 269,815 | 219,412 | 180,277 | 170,811 | 221,171 | 151,190 | 149,853 | 96,177 | 93,609 | 102,400 | 101,024 | 118,475 | |
30/36 |
379,908 | 270,153 | 251,676 | 504,891 | 503,246 | 476,219 | 452,745 | 326,861 | 269,815 | 219,412 | 180,277 | 170,811 | 221,171 | 151,190 | 149,853 | 96,177 | 93,609 | 102,400 | 101,024 | 118,475 | |
40/41 |
49,121 | 18,356 | 44,476 | 87,848 | 98,968 | 22,309 | 71,233 | 41,488 | 24,430 | 20,825 | 40,601 | 26,873 | 28,043 | 13,907 | 15,634 | 12,098 | 6,856 | 5,462 | 46,323 | 27,458 | |
40 |
10,821 | 18,217 | 44,454 | 78,507 | 89,135 | 21,729 | 71,233 | 39,409 | 20,284 | 14,610 | 40,601 | 26,873 | 21,487 | 13,907 | 15,634 | 12,098 | 6,856 | 5,459 | 46,061 | 27,458 | |
41 |
38,300 | 139 | 23 | 9,340 | 9,833 | 580 | - | 2,079 | 4,146 | 6,215 | - | - | 6,557 | - | - | - | - | 3 | 262 | - | |
54/58 |
309,896 | 283,941 | 312,427 | 304,824 | 141,583 | 144,794 | 116,556 | 78,798 | 113,084 | 81,323 | 71,238 | 62,692 | 25,589 | 6,978 | 11,678 | 27,384 | 9,719 | 19,937 | 18,197 | 9,126 | |
490/1 |
13,827 | 8,410 | 18,970 | 14,196 | 8,225 | 10,132 | 10,058 | 9,629 | 1,200 | 1,200 | 1,200 | 1,809 | 265 | 987 | 1,606 | 1,050 | 146 | 1,716 | 2,019 | 631 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
946,557 | 705,287 | 684,896 | 983,365 | 819,595 | 718,330 | 686,826 | 505,273 | 478,000 | 368,027 | 315,529 | 271,146 | 284,347 | 186,811 | 182,395 | 153,755 | 141,978 | 174,083 | 225,759 | 163,209 | |
10/15 |
441,816 | 395,949 | 388,948 | 363,964 | 356,703 | 343,410 | 343,013 | 272,164 | 206,531 | 144,670 | 128,623 | 96,458 | 65,571 | 49,699 | 33,681 | 35,007 | 27,630 | 43,379 | 47,521 | 45,006 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
36,692 | 36,692 | 36,692 | 36,692 | 36,692 | 36,692 | 36,692 | 36,692 | 36,692 | 17,942 | 17,942 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,638 | 1,638 | 1,638 | 1,511 | |
130/1 |
- | - | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,638 | 1,638 | 1,638 | 1,511 | |
1311 |
- | - | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
34,833 | 34,833 | 34,833 | 34,833 | 34,833 | 34,833 | 34,833 | 34,833 | 34,833 | 16,083 | 16,083 | - | - | - | - | - | - | - | - | - | |
133 |
1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
386,532 | 340,665 | 333,664 | 308,680 | 301,419 | 288,126 | 287,729 | 216,880 | 151,247 | 108,136 | 92,089 | 76,007 | 45,120 | 29,248 | 13,230 | 14,556 | 7,400 | 23,149 | 27,291 | 24,903 | |
17/49 |
504,741 | 309,339 | 295,948 | 619,401 | 462,892 | 374,920 | 343,813 | 233,109 | 271,469 | 223,357 | 186,906 | 174,688 | 218,777 | 137,112 | 148,714 | 118,749 | 114,348 | 130,704 | 178,238 | 118,203 | |
17 |
75,649 | 66,940 | - | 8,416 | 17,468 | 26,387 | 3,648 | 8,456 | 22,144 | 26,535 | 5,577 | - | 610 | 4,132 | - | 2,118 | 7,927 | 16,815 | 25,241 | - | |
170/4 |
75,649 | 66,940 | - | 8,416 | 17,468 | 26,387 | 3,648 | 8,456 | 22,144 | 26,535 | 5,577 | - | 610 | 4,132 | - | 2,118 | 7,927 | 16,815 | 25,241 | - | |
42/48 |
429,092 | 242,399 | 295,948 | 610,985 | 445,424 | 348,533 | 340,165 | 224,653 | 249,325 | 196,822 | 181,329 | 174,688 | 217,969 | 132,980 | 148,569 | 116,488 | 106,269 | 112,405 | 152,830 | 118,026 | |
42 |
33,452 | 19,421 | 8,416 | 9,052 | 8,919 | 12,436 | 4,808 | 13,687 | 22,274 | 17,208 | 1,936 | 610 | 3,521 | 3,291 | 2,118 | 5,809 | 8,888 | 8,425 | 7,987 | - | |
43 |
6,667 | 6,667 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,342 | - | - | - | - | - | - | - | - | - | - | |
430/8 |
6,667 | 6,667 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,333 | 3,342 | - | - | - | - | - | - | - | - | - | - | |
44 |
259,822 | 73,046 | 106,864 | 429,595 | 283,996 | 185,312 | 310,876 | 192,115 | 149,416 | 89,255 | 89,272 | 93,270 | 138,860 | 51,695 | 69,466 | 35,123 | 25,300 | 22,952 | 37,930 | 19,014 | |
440/4 |
259,822 | 73,046 | 106,864 | 429,595 | 283,996 | 185,312 | 310,876 | 192,115 | 149,416 | 89,255 | 89,272 | 93,270 | 138,860 | 51,695 | 69,466 | 35,123 | 25,300 | 22,952 | 37,930 | 19,014 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | 4,042 | |
45 |
46,569 | 48,563 | 77,334 | 79,005 | 59,176 | 56,001 | 21,147 | 14,623 | 13,644 | 15,747 | 27,040 | 29,014 | 5,494 | 8,408 | 9,550 | 4,936 | 2,890 | 8,273 | 19,266 | 11,324 | |
450/3 |
28,385 | 36,747 | 63,057 | 70,095 | 53,337 | 43,239 | 16,872 | 12,696 | 12,245 | 12,113 | 23,023 | 27,045 | 5,331 | 8,408 | 9,550 | 4,936 | 2,890 | 8,194 | 15,014 | 7,979 | |
454/9 |
18,184 | 11,815 | 14,277 | 8,910 | 5,839 | 12,762 | 4,274 | 1,927 | 1,399 | 3,634 | 4,017 | 1,969 | 164 | - | - | - | - | 79 | 4,252 | 3,345 | |
47/48 |
82,582 | 94,702 | 100,000 | 90,000 | 90,000 | 91,450 | - | 894 | 60,657 | 71,270 | 63,081 | 51,794 | 70,094 | 69,586 | 67,435 | 70,620 | 69,191 | 72,755 | 83,647 | 83,646 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 197 | - | 145 | 143 | 152 | 1,484 | 167 | 177 | |
| Income statement | |||||||||||||||||||||
76A |
5,454 | 14,478 | - | - | - | 3,497 | - | - | 4,500 | - | - | - | - | 6,044 | - | - | - | - | 124 | 261 | |
9900 |
306,292 | 243,937 | 211,989 | 194,518 | 202,117 | 189,899 | 164,565 | 130,719 | 117,330 | 59,106 | 65,314 | 62,269 | 35,834 | 20,333 | 16,179 | 25,698 | 8,975 | 17,991 | 43,501 | 30,393 | |
62 |
76,485 | 60,371 | 40,425 | 33,385 | 31,088 | 27,194 | 32,834 | 4,101 | 9,239 | 17,243 | 13,133 | 12,164 | 8,827 | - | - | - | 979 | 129 | 11,721 | 9,280 | |
630 |
54,839 | 42,729 | 28,071 | 24,629 | 25,473 | 23,806 | 24,197 | 20,974 | 22,287 | 15,522 | 8,189 | 3,973 | 4,468 | 5,221 | 14,696 | 15,376 | 17,429 | 16,708 | 17,479 | 3,533 | |
631/4 |
12,195 | 2,053 | -28,135 | 183 | 2,367 | 20,367 | 13,572 | 19,610 | 770 | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
6,178 | 8,660 | 1,116 | 3,204 | 2,730 | 4,857 | 3,753 | 1,344 | 1,478 | 1,071 | 2,409 | 2,451 | 1,032 | 1,155 | 1,626 | 2,055 | 1,946 | 3,634 | 7,773 | 4,219 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145 | - | |
9901 |
156,595 | 130,123 | 170,513 | 133,117 | 140,459 | 113,675 | 90,208 | 84,690 | 83,555 | 25,270 | 41,582 | 43,681 | 21,508 | 13,957 | -143 | 8,266 | -11,378 | -2,480 | 6,528 | 13,361 | |
75/76B |
32,423 | 7,001 | 2,435 | 862 | 2,519 | 767 | 1,480 | 319 | 496 | 110 | 226 | 460 | 442 | 383 | 45 | 247 | 437 | 702 | 864 | 745 | |
75 |
32,423 | 7,001 | 2,435 | 862 | 2,519 | 767 | 1,480 | 319 | 496 | 110 | 226 | 460 | 442 | 383 | 45 | 247 | 437 | 702 | 864 | 745 | |
65/66B |
5,977 | 4,191 | 1,489 | 1,300 | 1,529 | 1,238 | 1,664 | 2,541 | 3,230 | 3,480 | 3,118 | 1,563 | 1,040 | 1,033 | 654 | 1,136 | 4,806 | 2,630 | 1,763 | 608 | |
65 |
5,977 | 4,191 | 1,489 | 1,300 | 1,529 | 1,238 | 1,664 | 2,541 | 3,230 | 3,480 | 3,118 | 1,563 | 1,040 | 1,033 | 654 | 1,136 | 4,806 | 2,630 | 1,763 | 608 | |
9903 |
183,041 | 132,934 | 171,458 | 132,679 | 141,449 | 113,205 | 90,025 | 82,468 | 80,822 | 21,900 | 38,691 | 42,577 | 20,910 | 19,351 | -752 | 7,377 | -15,747 | -4,408 | 5,608 | 13,759 | |
67/77 |
47,173 | 35,933 | 46,474 | 35,418 | 38,157 | 22,808 | 19,176 | 16,835 | 18,961 | 5,854 | 6,525 | 11,690 | 5,038 | 3,334 | 573 | - | 2 | -266 | 3,093 | 3,470 | |
9904 |
135,868 | 97,001 | 124,984 | 97,262 | 103,292 | 90,398 | 70,849 | 65,633 | 61,861 | 16,047 | 32,166 | 30,887 | 15,872 | 16,018 | -1,326 | 7,377 | -15,749 | -4,142 | 2,515 | 10,289 | |
689 |
- | - | - | - | - | - | - | - | 18,750 | - | 16,083 | - | - | - | - | - | - | - | - | - | |
9905 |
135,868 | 97,001 | 124,984 | 97,262 | 103,292 | 90,398 | 70,849 | 65,633 | 43,111 | 16,047 | 16,083 | 30,887 | 15,872 | 16,018 | -1,326 | 7,377 | -15,749 | -4,142 | 2,515 | 10,289 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
476,532 | 430,665 | 433,664 | 398,680 | 391,419 | 378,126 | 287,729 | 216,880 | 151,247 | 108,136 | 92,089 | 76,007 | 45,120 | 29,248 | 13,230 | 14,777 | 7,400 | 23,149 | 27,418 | 25,417 | |
14P |
340,665 | 333,664 | 308,680 | 301,419 | 288,126 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 221 | - | - | 127 | 514 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 221 | - | - | 127 | 514 | |
694/7 |
90,000 | 90,000 | 100,000 | 90,000 | 90,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
90,000 | 90,000 | 100,000 | 90,000 | 90,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
3.1 | 2.9 | 2.2 | 2 | 2 | 2 | 2 | 1.2 | 1 | 0.6 | 0.4 | 0.4 | 0.4 | - | - | - | 0.1 | 0.1 | 0.5 | 0.4 | |
Hours worked1013 |
3,786 | 3,267 | 2,036 | 1,770 | 1,778 | 1,611 | 1,892 | 190 | 426 | 1,084 | 701 | 699 | 687 | - | - | - | 30 | 40 | 893 | 711 | |
| Document | |||||||||||||||||||||
The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 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 29-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00345902 | |
| 31-12-2024 | full format | 11-06-2025 | 2025-00130423 | |
| 31-12-2023 | full format | 22-08-2024 | 2024-00359078 | |
| 31-12-2022 | full format | 08-06-2023 | 2023-00112797 | |
| 31-12-2021 | full format | 09-06-2022 | 2022-20052157 | |
| 31-12-2020 | full format | 04-06-2021 | 2021-17100064 | |
| 31-12-2019 | full format | 03-08-2020 | 2020-36900031 | |
| 31-12-2018 | full format | 19-08-2019 | 2019-46900430 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-50600193 | |
| 31-12-2016 | full format | 28-06-2017 | 2017-22000079 | |
| 31-12-2015 | full format | 26-07-2016 | 2016-34800257 | |
| 31-12-2014 | full format | 21-08-2015 | 2015-44300154 | |
| 31-12-2013 | full format | 22-08-2014 | 2014-44500112 | |
| 31-12-2012 | full format | 25-06-2013 | 2013-20500276 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-46700459 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-47300421 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-47900410 | |
| 31-12-2008 | full format | 11-08-2009 | 2009-56000256 | |
| 31-12-2007 | full format | 28-08-2008 | 2008-63300134 | |
| 31-12-2006 | full format | 06-07-2007 | 2007-35400246 | |
| 31-12-2005 | full format | 31-07-2006 | 2006-56302662 | |
| 31-12-2004 | full format | 31-08-2005 | 2005-65802543 | |
| 31-12-2003 | full format | 15-11-2004 | 2004-79000168 | |
| 31-12-2002 | full format | 09-09-2003 | 2003-65402332 | |
| 31-12-2001 | full format | 01-10-2002 | 2002-60703545 | |
| 31-12-2000 | full format | 17-09-2001 | 2001-56501455 | |
| 31-12-1999 | full format | 12-09-2000 | 2000-56004495 | |
| 31-12-1998 | full format | 17-09-1999 | 1999-47002846 | |
| 31-12-1997 | full format | 01-12-1998 | 1998-59800668 | |
| 31-12-1996 | full format | 10-03-1998 | 1998-04200345 | |
| 31-12-1995 | full format | 25-06-1996 | 1996-21403487 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 211,434 | 172,852 | 198,584 | 157,746 | 165,932 | 137,481 | 114,405 | 105,664 | 105,843 | 40,792 | 49,772 | 47,654 | 25,976 | 19,178 | 14,554 | 23,643 | 6,051 | 14,228 | 24,007 | 16,894 | ||
| 190,707 | 139,730 | 153,055 | 121,890 | 128,765 | 114,203 | 95,046 | 86,607 | 84,148 | 31,569 | 40,355 | 34,860 | 20,340 | 21,239 | 13,371 | 22,753 | 1,680 | 12,566 | 19,994 | 13,822 | ||
| 131,160 | 115,331 | 13,812 | 28,661 | 28,169 | 58,002 | 11,933 | 0 | 46,492 | 46,216 | 21,441 | 3,655 | 0 | 15,346 | 1,273 | 774 | 4,510 | 3,080 | 68,302 | 6,067 | ||
| 25,954 | -28,486 | 7,603 | 163,242 | -3,212 | 28,239 | 37,758 | -34,285 | 31,760 | 10,086 | 8,546 | 37,103 | 18,611 | -4,700 | -15,706 | 17,665 | -10,218 | 1,740 | 9,071 | - | ||
| 323,659 | 338,461 | 331,601 | 300,775 | 306,597 | 304,920 | 310,428 | 232,123 | 159,204 | 125,938 | 111,987 | 87,496 | 57,098 | 40,083 | 30,203 | 20,221 | 4,060 | 17,110 | 14,733 | 37,664 | ||
| 46.7% | 56.1% | 56.8% | 37.0% | 43.5% | 47.8% | 49.9% | 53.9% | 43.2% | 39.3% | 40.8% | 35.6% | 23.1% | 26.6% | 18.5% | 22.8% | 19.5% | 24.9% | 21.0% | 27.6% | ||
| 1.75 | 2.40 | 2.12 | 1.49 | 1.69 | 1.87 | 1.91 | 2.03 | 1.64 | 1.64 | 1.62 | 1.50 | 1.26 | 1.30 | 1.20 | 1.17 | 1.04 | 1.15 | 1.10 | 1.32 | ||
| 0.87 | 1.28 | 1.27 | 0.67 | 0.56 | 0.51 | 0.58 | 0.58 | 0.56 | 0.53 | 0.62 | 0.52 | 0.25 | 0.16 | 0.19 | 0.35 | 0.16 | 0.24 | 0.44 | 0.32 | ||
| 1.14 | 0.78 | 0.76 | 1.70 | 1.30 | 1.09 | 1.00 | 0.86 | 1.31 | 1.54 | 1.45 | 1.81 | 3.34 | 2.76 | 4.42 | 3.39 | 4.14 | 3.01 | 3.75 | 2.63 | ||
| 30.8% | 24.5% | 32.1% | 26.7% | 29.0% | 26.3% | 20.7% | 24.1% | 30.0% | 11.1% | 25.0% | 32.0% | 24.2% | 32.2% | -3.9% | 21.1% | -57.0% | -9.5% | 5.3% | 22.9% | ||
| 14.4% | 13.8% | 18.2% | 9.9% | 12.6% | 12.6% | 10.3% | 13.0% | 12.9% | 4.4% | 10.2% | 11.4% | 5.6% | 8.6% | -0.7% | 4.8% | -11.1% | -2.4% | 1.1% | 6.3% | ||
| 35.37 | 41.25 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 3 | 2 | 2 |
| full-time | 2 | 2 | 3 | 2 | 2 |
| part-time | 1 | - | - | - | - |
| in full-time equivalents | 2.5 | 2 | 3 | 2 | 2 |
| 3.1 | 2.9 | 2.2 | 2 | 2 | |
| On a permanent contract | 3 | 2 | 3 | 2 | 2 |
| Joined | 2 | 0 | 1 | - | - |
| Left | 1 | 1 | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €131,160 | €115,331 | €13,812 | €28,661 | €28,169 |
| €54,839 | €42,729 | €28,071 | €24,629 | €25,473 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 20% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 43.9% to 53.3%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 30-06-2025 accounts of KEMALI. Every holding stands with its own latest accounts.
| KEMALI
registered office since 24-03-2021 · founded in 2021 |
total assets €1.2m (2025) 0765.586.554 |
| BAS PROPERTIES
registered office since 15-10-2003 · founded in 2001 |
total assets €806,218 (2025) 0474.401.066 |
The network starts from the directors of BAS. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
BAS was incorporated on 24 February 1995.1 The name was changed to Brico Bas in 2024.2 BAS Zeynel is director of the company according to the deed of 05-02-2024.2 Total assets rose from €505,273 in 2018 to €946,557 in 2025 and headcount from 1.2 to 3.1 full-time equivalents.3
| Establishment | Since | Unit number |
|---|---|---|
| Wijnheuvelenstraat 215 registered office 1030 Schaerbeek | 13-03-1995 | 2.070.678.695 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21906D0128/00X007 | 111 m² | 1 · 86 m² | 17.1 m · 5 |
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