Basart
ActiveThe computed 12-month bankruptcy probability of Basart is 1.6% (moderate). The 2025 annual accounts show equity of €291k and a net result of €220k. Equity is growing by ~105.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 27559 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.26 in 2024; short-term debt: 33.3% and cash: 1.9% of total assets), and 37% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
63%
Return on assets
47.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
27 d early
2024
11 d early
2023
17 d early
2022
14 d early
2021
22 d early
2020
26 d early
2019
13 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€193k
EBIT margin
6.9%
Net result
€220k▲ 293%
2024 · €56k
2019: €-8k
2020: €21k
2021: €10k
2022: €-2k
2023: €420
2024: €56k
2019 → 2025
Working capital
€248k▲ 347%
2024 · €56k
2019: €-7k
2020: €8k
2021: €18k
2022: €10k
2023: €7k
2024: €56k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€193k-
Equity€22k-€14k▼ 33.6%€15k▲ 2.9%€71k▲ 377%€291k▲ 311%
Operating result€13k-€-1k€2k€78k▲ 3,375%€291k▲ 275%
Net result€10k-€-2k€420€56k▲ 13,223%€220k▲ 293%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 275% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461k
Fixed assets
€60k▲ 292%
Current assets
€402k▲ 304%
Equity and liabilities €461k
Equity
€291k▲ 311%
Debt
€171k▲ 288%
The debt ratio falls from 38.3% to 37.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€296k▲
2024 · €82k
Cash flow
€224k▲
2024 · €61k
Solvency
63.0%▲
2024 · 61.7%
Current ratio
2.62▲
2024 · 2.26
Quick ratio
2.62▲
2024 · 2.26
Debt / equity
0.59▼
2024 · 0.62
ROE
75.7%▼
2024 · 79.1%
ROA
47.6%▼
2024 · 48.7%
Interest coverage
190.27▲
2024 · 38.50
Debt
€171k▲
2024 · €44k
Debt ≤ 1 year
€153k▲
2024 · €44k
Debt > 1 year
€17k
Income taxes
€80k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€115k€461k▲
Fixed assets21/28€15k€60k▲
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€11k€7k▼
Financial fixed assets28€986€50k▲
Current assets29/58€100k€402k▲
Amounts receivable after more than one year29-€344k
Other amounts receivable291-€344k
Amounts receivable within one year40/41€15k€49k▲
Trade receivables40-€46k
Other amounts receivable41€15k€3k▼
Cash at bank and in hand54/58€85k€9k▼
Equity and liabilities
Total equity and liabilities10/49€115k€461k▲
Equity10/15€71k€291k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€70k€290k▲
Amounts payable17/49€44k€171k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€44k€153k▲
Financial debts43€4k€4k▲
Credit institutions430/8€4k€4k▲
Trade debts44€19k€49k▲
Suppliers440/4€19k€49k▲
Taxes, remuneration and social security45€21k€101k▲
Taxes450/3€21k€101k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€84k€297k▲
Operating profit (loss)9901€78k€291k▲
Financial income75/76B€398€10k▲
Recurring financial income75€398€10k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€76k€300k▲
Income taxes67/77€20k€80k▲
Profit (loss) for the period9904€56k€220k▲
Profit (loss) for the period to be appropriated9905€56k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€290k▲
Profit (loss) brought forward from the previous period14P€14k€70k▲
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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €220k ▲293%
Operating result €291k, net result €220k, both a record.
31-12
Financial
Equity above €200kEq €291k ▲311%
3 profitable years in a row build equity to €291k.
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €420
Net result €420 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.88
Current ratio from 0.78 to 2.88; short-term debt falls from €34k to €4k.
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schoten · 1 establishment unit since 2019
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.
Jozef Hendrickxstraat 1702900 SchotenGround area
446 m²
Building footprint
162 m²
Volume, LiDAR
1,118 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Basart
since 20192.284.812.333
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0256/00E006 | Flanders | 384 m² | 1 · 100 m² | 9.6 m · 2 fl. |
| 11442C0305/00G006 | Flanders | 62 m² | 1 · 62 m² | 11.1 m · 3 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.
Similar companies · same sector, comparable size
DE NAUW
BE 0478.099.340
Ninove · Eq €291k
Mélon Peinture et Décoration
BE 0871.155.020
Nivelles · Eq €291k
AMBER
BE 0464.279.018
Haacht · Eq €291k
MAXIM INTERIORS
BE 0826.612.323
Wevelgem · Eq €290k
VYNCK JOHAN
BE 0472.616.662
Oostende · Eq €290k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 1,843 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2019
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43342Specialised construction activities
74104Other professional, scientific and technical activities
74105Other professional, scientific and technical activities
74130Interior design
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.