BAS PROPERTIES
ActiveSummary
BAS PROPERTIES has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €603,461 and a net result of €22,188. Equity has been growing by about 4.5% per year since 2018. Its solvency ranks better than 77% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-03-2001 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
- Establishment unit
- 2.259.422.681 1030 Schaarbeek, since 15-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2025
Board and ownership
- KEMALIDirector · since 19-04-2024 · permanent representative BAS Zeynel Abidin
- KEMALI100%30-06-2025 annual accounts of KEMALI
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €95,831
- ▼ 26.1%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €22,188
- ▼ 48.5%
- Equity
- €603,461
- ▲ 3.8%
- Total assets
- €806,218
- ▼ 4.1%
Score breakdownlowers riskSize: total assets €806,218Figures for financial year 2025 (filed on 22-06-2026)Equity €603,461 (74.9% of total assets)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 81% of them on solvency, 67% on liquidity, 64% on profitability and 56% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 25 filings
Every figure per financial year
The operating result for 2025 is 46% lower than in 2024.
Staff
| Item | 31-12-2021 |
|---|---|
| Average over the year, in full-time equivalents | 0.1 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €282,142 | €264,422 | €219,704 | €173,333 | €125,205 |
| Mortgages, amount registered | €150,000 | €175,000 | €175,000 | €175,000 | €175,000 |
| Mortgage mandates | €430,000 | €430,000 | €430,000 | €430,000 | €430,000 |
| Carrying value of the mortgaged assets | €497,855 | €822,559 | €785,307 | €748,055 | €722,755 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €79,890 | - | - | €5,680 | €12,258 |
| Depreciation and write-downs of the year | €29,601 | €37,252 | €37,252 | €38,051 | €37,678 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €167,494 | €161,494 | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €9,320 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,630 | €32,630 | €29,263 | €29,601 | €37,252 | €37,252 | €38,051 | €37,678 | ▼ 1.0% |
| Other operating charges640/8 | - | - | - | €15,708 | €17,823 | €23,386 | €23,229 | €21,250 | ▼ 8.5% |
| Gross operating margin9900 | €147,866 | €136,779 | €43,942 | €72,111 | €123,255 | €103,374 | €129,636 | €95,831 | ▼ 26.1% |
| Operating profit (loss)9901 | €73,482 | €62,667 | -€36,155 | €17,482 | €68,180 | €42,736 | €68,356 | €36,903 | ▼ 46.0% |
| Financial income75/76B | - | - | - | €220 | €196 | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €220 | €196 | - | €1 | - | - |
| Financial charges65/66B | - | - | - | €12,813 | €11,500 | €9,528 | €8,371 | €6,222 | ▼ 25.7% |
| Recurring financial charges65 | €17,751 | €14,469 | €13,340 | €12,813 | €11,500 | €9,528 | €8,371 | €6,222 | ▼ 25.7% |
| Profit (loss) for the period before taxes9903 | €55,731 | €48,198 | -€49,495 | €4,888 | €56,877 | €33,208 | €59,986 | €30,682 | ▼ 48.9% |
| Income taxes67/77 | €18,127 | €12,500 | -€695 | - | €3,350 | €9,124 | €16,936 | €8,494 | ▼ 49.9% |
| Profit (loss) for the period9904 | €37,604 | €35,698 | -€48,800 | €4,888 | €53,526 | €24,084 | €43,049 | €22,188 | ▼ 48.5% |
| Profit (loss) for the period to be appropriated9905 | €37,604 | €35,698 | -€48,800 | €4,888 | €53,526 | €24,084 | €43,049 | €22,188 | ▼ 48.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €961,477 | €887,349 | €812,818 | €886,454 | €857,085 | €863,183 | €840,834 | €806,218 | ▼ 4.1% |
| Fixed assets21/28 | €871,585 | €838,955 | €809,694 | €859,982 | €822,559 | €785,307 | €752,935 | €727,515 | ▼ 3.4% |
| Tangible fixed assets22/27 | €871,413 | €838,783 | €809,522 | €859,811 | €822,559 | €785,307 | €752,935 | €727,515 | ▼ 3.4% |
| Land and buildings22 | - | - | - | €859,811 | €822,559 | €785,307 | €752,935 | €727,515 | ▼ 3.4% |
| Financial fixed assets28 | €172 | €172 | €172 | €172 | - | - | - | - | - |
| Current assets29/58 | €89,892 | €48,394 | €3,125 | €26,471 | €34,527 | €77,876 | €87,899 | €78,704 | ▼ 10.5% |
| Amounts receivable within one year40/41 | - | €7,055 | - | €6 | - | - | €12,620 | €13,746 | ▲ 8.9% |
| Trade receivables40 | - | - | - | - | - | - | €12,610 | €13,474 | ▲ 6.9% |
| Other amounts receivable41 | - | - | - | €6 | - | - | €10 | €272 | ▲ 26× |
| Cash at bank and in hand54/58 | €89,892 | €41,339 | €3,125 | €24,160 | €15,473 | €67,016 | €63,429 | €61,558 | ▼ 3.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2,305 | €19,053 | €10,859 | €11,850 | €3,400 | ▼ 71.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €961,477 | €887,349 | €812,818 | €886,454 | €857,085 | €863,183 | €840,834 | €806,218 | ▼ 4.1% |
| Equity10/15 | €468,827 | €504,525 | €455,725 | €460,613 | €514,139 | €538,224 | €581,273 | €603,461 | ▲ 3.8% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,198 | €6,198 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | €400,656 | €436,354 | €387,554 | €392,442 | €445,969 | €470,053 | €513,102 | €535,290 | ▲ 4.3% |
| Amounts payable17/49 | €492,650 | €382,824 | €357,094 | €425,841 | €342,946 | €324,959 | €259,561 | €202,758 | ▼ 21.9% |
| Amounts payable after more than one year17 | €352,753 | €305,772 | €282,142 | €247,371 | €225,704 | €179,333 | €131,205 | €75,275 | ▼ 42.6% |
| Financial debts170/4 | - | - | - | €241,371 | €219,704 | €173,333 | €125,205 | €75,275 | ▼ 39.9% |
| Other amounts payable178/9 | - | - | - | €6,000 | €6,000 | €6,000 | €6,000 | - | - |
| Amounts payable within one year42/48 | €127,044 | €77,052 | €74,951 | €177,335 | €116,108 | €144,491 | €127,221 | €127,483 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €40,772 | €44,719 | €46,371 | €48,127 | €49,930 | ▲ 3.7% |
| Trade debts44 | €15,553 | €669 | €3,106 | €85,370 | €13,324 | €36,897 | €644 | €6,393 | ▲ 893% |
| Suppliers440/4 | - | - | - | €85,370 | €13,324 | €36,897 | €644 | €6,393 | ▲ 893% |
| Taxes, remuneration and social security45 | - | - | - | €1,417 | €6,636 | €18,662 | €29,783 | €30,118 | ▲ 1.1% |
| Taxes450/3 | - | - | - | €1,417 | €6,636 | €18,662 | €29,783 | €30,118 | ▲ 1.1% |
| Other amounts payable47/48 | - | - | - | €49,776 | €51,428 | €42,561 | €48,667 | €41,041 | ▼ 15.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,135 | €1,135 | €1,135 | €1,135 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,604 | €35,698 | -€48,800 | €4,888 | €53,526 | €24,084 | €43,049 | €22,188 | ▼ 48.5% |
| + Depreciation and write-downs630 | €32,630 | €32,630 | €29,263 | €29,601 | €37,252 | €37,252 | €38,051 | €37,678 | ▼ 1.0% |
| Operating cash flow (approximation) | €70,234 | €68,328 | -€19,538 | €34,489 | €90,778 | €61,336 | €81,101 | €59,866 | ▼ 26.2% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | -€79,890 | €172 | €0 | -€5,680 | -€12,258 | ▼ 116% |
| Change in cash | - | -€48,553 | -€38,214 | €21,036 | -€8,687 | €51,543 | -€3,587 | -€1,872 | ▲ 47.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as BAS PROPERTIES has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAS PROPERTIES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 14,766 companies, not a prediction for BAS PROPERTIES. 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.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-06-2026 | 2026-00180316 | |
| 31-12-2024 | full format | 25-06-2025 | 2025-00174220 | |
| 31-12-2023 | full format | 22-07-2024 | 2024-00267944 | |
| 31-12-2022 | full format | 08-06-2023 | 2023-00112798 | |
| 31-12-2021 | full format | 09-06-2022 | 2022-20052162 | |
| 31-12-2020 | full format | 07-07-2021 | 2021-30900235 | |
| 31-12-2019 | micro format | 07-10-2020 | 2020-60900583 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-51100430 | |
| 31-12-2017 | micro format | 16-08-2018 | 2018-46000562 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-55000158 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
1 ownerCapital transactions
- 24-04-2024 Capital stated in the deed · €61,973.38 · 100 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KEMALI |
|
| KARA Hayrun |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, composition de l'organe d'administration”“Indemnité fixe ou variable, rémunération de l'administrateur unique”
Articles of association, deed of 24-04-2024 (in French)
Network & group
Connections & network
1 current directorThe network starts from the directors of BAS PROPERTIES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-04
Gazette deed
Company renamed from IMMO F.R. to BAS PROPERTIESResignation: KARA Hayrun (director) · Appointment: KEMALI (sole director) · Permanent representative: BAS Zeynel Abidin12 points ▸
- General meeting, 19-04-2024
- Director resignation, KARA Hayrun (director)
- Director discharge, KARA Hayrun
- Director appointment, KEMALI (sole director)
- Permanent representative, BAS Zeynel Abidin
- Name change, BAS PROPERTIES
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €61,973.38
- Registered office clause, “1030 Schaerbeek, Rue des Coteaux 215-217” (deed in French)
- Power of attorney
- Power of attorney, Alexandra RHODIUS
- Power of attorney, MDS CONSULTING SA
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Toutes opérations et toutes études ayant trait à tous biens et/ou droits immobiliers, par nature, par incorporation ou par destination et aux biens et/ou à tous droits mobiliers qui en découlent, ainsi que toutes opérations civiles, commerciales, industrielles ou financières s'y rapportant directement ou indirectement comme, à titre d'exemple. l'achat, la mise en valeur, le lotissement, l'échange, l'amélioration, la location meublée ou non, la vente, la cession, la gestion, la transformation, la construction et la destruction de biens immobiliers et mobiliers
- Toutes opérations de mandat, de gestion ou de commission relatives à des immeubles, à des droits immobiliers et en général aux opérations découlant de l'objet principal
- Toutes opérations mobilières et immobilières, industrielles, civiles, commerciales et financières généralement quelconques, qui se rattachera directement ou indirectement, en tout ou en partie, à son objet ou qui seraient de nature à en faciliter ou développer la réalisation
- Toutes opérations généralement quelconques. industrielles, financières, mobilières. immobilières se rapportant directement ou indirectement au commerce, à la fabrication, la location, l'achat, la vente en gros et en détail, la représentation, l’exploitation, l'importation, la distribution, le serve, le conditionnement, le courtage, la réparation, l'exploitation soit pour son compte propre soit pour compte de tiers de : carrosserie pour effectuer tout travail de réparation, mécanique, carrosserie, peinture, d'entretien, de lavage de tous véhicules auto et cyclomoteurs y compris le dépannage sur toute - de taxi y compris les bureaux de centralisation téléphoniques et de transmission, de transport par tous les moyens de locomotion routiers de marchandises et de personnes
- De vente et d'achat de représentation et de distribution de véhicules, de pièces de rechanges et accessoires autos, produits et autres
- La location, financement, de vente, achats, l’importation et d'exportation de voitures, de camionnettes
- Et de tous véhicules automoteurs neufs et d'occasion etc
- Elle pourra exploiter des pompes à essence, stations-services pour acheter et vendre tous carburants tels que mazout, gaz, huiles, l’énumération est exemplative et non limitative
- Articles de décoration, d'antiquités, d'objets d'art, meubles de style, mobilier en général, tableaux, rideaux, tapis plains, la décoration
- Tous bars, brasseries, hôtels, restaurants, snacks, taverne, débits de buissons et nourriture, cabarets, nights clubs, discothèques, buffets, vestiaires pour le public, la location de places, de salles, d'organisation de banquets, service traiteur
- Toutes opérations immobilières quelconques, achats et ventes d'immeubles, lotissements, échanges, locations et gestions de tous biens meubles et immeubles, leur entretien ainsi que le commerce et l'industrie de tout matériaux ou matières de construction, la création, l'exploitation de toutes agences immobilières
- L'exploitation sous toutes ses formes de brevets, marques de fabriques, licences
- Toutes opérations se rattachant directement ou indirectement aux arts et aux spectacles aux moyens de communications et la publicité
- La conception, la reproduction et l'adaptation de son et d'image fixe ou animée sur tous supports et sous toutes formes généralement quelconques
- Mise en œuvre de tout média audio-visuel dans quelque but que ce soit
- Tous travaux de laboratoires, de développement, de sonorisation, montage animation pour le cinéma, la télévision, la photo et le son
- L'édition, l'impression, la publication de tous imprimés, livres, revues et périodiques
- Tous les articles d’orfèvrerie, bijouterie, joaillerie, ainsi que maroquinerie et produit d'horlogerie
- Restauration de tableaux ou d'autres objets d'art
- Créations artistiques dans le sens le plus large
- Intermédiaire commercial
- Toutes opérations mobilières et immobilières, commerciales et financières généralement quelconques, ayant un rapport direct ou indirect avec son objet
- S'intéresser pour voie d'apports, de souscription, de fusion ou de toute autre manière dons toutes les affaires ayant avec elle un lien économique quelconques
- S'intéresser par voie d'apports, de souscription, de fusion ou de toute autre manière dans toutes sociétés, entreprises, associations ou affaires dont l'objet serait similaire, analogue, connexe ou simplement utile à la réalisation de tout ou partie de son objet
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21906D0128/00X007 | Brussels | 111 m² | 1 · 86 m² | 17.1 m · 5 |