Losses
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
The accounts state no turnover.
Seven of the last ten came late. The 2019 accounts came latest: 34 days after the end of the period.
In July 2024, 8,609 companies had the same profile as BASCH has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,609 companies, not a prediction for BASCH. 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.
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.
BASCH files the abbreviated format. That format states no turnover. The gross margin rose from €34,426 in 2008 to €42,985 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €82,000 and €290,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
1.7m | 1.7m | 1.8m | 1.5m | 1.4m | 1.4m | 1.3m | 1.2m | 1.1m | 1.1m | 585,871 | 585,336 | 602,124 | 617,267 | 386,584 | 336,053 | 344,895 | 377,874 | |
21/28 |
1.4m | 1.4m | 1.4m | 794,211 | 814,403 | 834,673 | 839,129 | 890,971 | 913,923 | 970,240 | 288,839 | 164,174 | 105,802 | 111,321 | 295,588 | 329,403 | 342,618 | 377,734 | |
22/27 |
1.1m | 1.2m | 1.2m | 581,711 | 601,903 | 622,095 | 626,551 | 678,393 | 701,345 | 725,762 | 152,361 | 67,696 | 73,224 | 78,743 | 263,010 | 296,825 | 310,040 | 345,156 | |
22 |
1.1m | 1.2m | 1.2m | 581,711 | 601,903 | 622,095 | 626,551 | 678,393 | 701,345 | 725,762 | 152,361 | 67,696 | 73,224 | 78,743 | 263,010 | 296,825 | 310,040 | 344,032 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,124 | |
28 |
212,500 | 212,500 | 212,500 | 212,500 | 212,500 | 212,578 | 212,578 | 212,578 | 212,578 | 244,478 | 136,478 | 96,478 | 32,578 | 32,578 | 32,578 | 32,578 | 32,578 | 32,578 | |
29/58 |
339,251 | 287,765 | 321,634 | 683,296 | 608,358 | 573,771 | 464,299 | 259,758 | 182,948 | 174,830 | 297,032 | 421,162 | 496,322 | 505,946 | 90,996 | 6,650 | 2,277 | 140 | |
29 |
125,000 | 125,000 | 125,000 | 400,000 | 400,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
125,000 | 125,000 | 125,000 | 400,000 | 400,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
212,746 | 161,462 | 133,282 | 282,948 | 207,028 | 546,386 | 431,203 | 253,099 | 176,289 | 164,777 | 271,051 | 243,881 | 236,365 | 120,188 | 43,068 | 5,578 | 2,277 | - | |
40 |
- | 0 | 197 | - | - | - | - | - | - | - | - | 10,250 | - | - | - | - | - | - | |
41 |
212,746 | 161,462 | 133,085 | 282,948 | 207,028 | 546,386 | 431,203 | 253,099 | 176,289 | 164,777 | 271,051 | 233,631 | 236,365 | 120,188 | 43,068 | 5,578 | 2,277 | - | |
50/53 |
- | - | - | 0 | 130 | 6,659 | 6,659 | 6,659 | 6,659 | 6,659 | 25,981 | 147,647 | 248,734 | 379,747 | - | - | - | - | |
54/58 |
205 | 3 | 57,832 | 348 | 1,199 | 20,726 | 26,437 | - | - | 3,394 | - | 29,634 | 11,223 | 6,011 | 887 | - | - | - | |
490/1 |
1,300 | 1,300 | 5,520 | - | - | - | - | - | - | - | - | - | - | - | 47,041 | 1,072 | - | 140 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
1.7m | 1.7m | 1.8m | 1.5m | 1.4m | 1.4m | 1.3m | 1.2m | 1.1m | 1.1m | 585,871 | 585,336 | 602,124 | 617,267 | 386,584 | 336,053 | 344,895 | 377,874 | |
10/15 |
627,741 | 635,712 | 643,783 | 669,237 | 659,320 | 616,788 | 535,248 | 294,212 | 291,081 | 260,552 | 294,455 | 243,420 | 235,898 | 250,641 | 7,618 | -118,682 | -100,923 | -118,427 | |
10/11 |
260,623 | 260,623 | 260,623 | 260,623 | 260,623 | 260,623 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | |
10 |
260,000 | 260,000 | 260,000 | 260,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
260,000 | 260,000 | 260,000 | 260,000 | 0 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | |
11 |
623 | 623 | 623 | 623 | 260,623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | |
1100/10 |
623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | 623 | |
1109/19 |
- | - | - | 0 | 260,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
456,674 | 473,342 | 484,808 | 496,074 | 504,755 | 467,826 | 475,463 | 229,689 | 236,788 | 244,426 | 252,063 | 252,063 | 252,063 | 252,063 | - | - | - | - | |
130/1 |
538 | 538 | 538 | 538 | 538 | 538 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
538 | 538 | 538 | 538 | 0 | 538 | 538 | 538 | - | - | - | - | - | - | - | - | - | - | |
1311 |
- | - | - | 0 | 538 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
456,136 | 472,803 | 484,269 | 495,536 | 504,216 | 467,288 | 474,925 | 229,151 | 236,788 | 244,426 | 252,063 | 252,063 | 252,063 | 252,063 | - | - | - | - | |
14 |
-89,557 | -98,253 | -101,649 | -87,460 | -106,058 | -111,662 | -200,838 | -196,100 | -206,330 | -244,497 | -218,231 | -269,266 | -276,788 | -262,045 | -253,005 | -379,305 | -361,546 | -379,050 | |
16 |
145,112 | 150,668 | 161,425 | 165,180 | 168,073 | 216,575 | 220,508 | 117,995 | 121,928 | 125,860 | 129,793 | 129,793 | 129,793 | 129,793 | - | - | - | - | |
168 |
145,112 | 150,668 | 161,425 | 165,180 | 168,073 | 216,575 | 220,508 | 117,995 | 121,928 | 125,860 | 129,793 | 129,793 | 129,793 | 129,793 | - | - | - | - | |
17/49 |
924,869 | 895,442 | 946,069 | 643,089 | 595,368 | 575,081 | 547,672 | 738,522 | 683,862 | 758,658 | 161,623 | 212,123 | 236,433 | 236,833 | 378,966 | 454,735 | 445,818 | 496,301 | |
17 |
389,044 | 424,884 | 459,735 | 374,399 | 398,248 | 421,639 | 444,580 | 341,624 | 365,778 | 388,666 | 67,724 | 74,682 | 81,950 | 78,849 | 189,002 | 199,143 | 218,021 | 237,436 | |
170/4 |
389,044 | 424,884 | 459,735 | 374,399 | 398,248 | 421,639 | 444,580 | 341,624 | 365,778 | 388,666 | 67,724 | 74,682 | 81,950 | 78,849 | 189,002 | 199,143 | 218,021 | 237,436 | |
42/48 |
531,589 | 467,322 | 486,334 | 261,215 | 195,045 | 150,592 | 100,425 | 395,513 | 316,699 | 369,044 | 93,091 | 137,441 | 154,483 | 157,984 | 189,964 | 255,592 | 227,797 | 255,522 | |
42 |
35,840 | 34,851 | 33,880 | 23,849 | 24,014 | 22,941 | 23,101 | 24,797 | 22,913 | 22,846 | 7,575 | 7,860 | 6,974 | 5,791 | 12,143 | 22,632 | 19,415 | 18,504 | |
43 |
33,744 | 33,690 | 93,737 | 2,745 | 2,910 | - | - | 214,750 | 179,578 | 168,211 | 21,035 | - | 3,740 | 3,746 | 3,863 | 18,334 | 15,891 | 17,804 | |
430/8 |
33,744 | 33,690 | 93,737 | 2,745 | 2,910 | - | - | 214,750 | 179,578 | 168,211 | 21,035 | - | 3,740 | 3,746 | 3,863 | 18,334 | 15,891 | 17,804 | |
44 |
14,049 | 12,175 | 5,197 | 4,066 | 6,096 | 4,360 | 14,136 | 6,785 | 41,991 | 94,747 | 5,801 | 4,096 | 829 | 1,736 | 2,604 | 4,589 | 1,293 | 5,714 | |
440/4 |
14,049 | 12,175 | 5,197 | 4,066 | 6,096 | 4,360 | 14,136 | 6,785 | 41,991 | 94,747 | 5,801 | 4,096 | 829 | 1,736 | 2,604 | 4,589 | 1,293 | 5,714 | |
45 |
475 | 807 | - | - | - | - | - | - | - | - | - | - | 1,910 | 1,911 | 8,098 | 8,381 | 5,953 | 5,929 | |
450/3 |
475 | 807 | - | - | - | - | - | - | - | - | - | - | 1,910 | 1,911 | 8,098 | 8,381 | 5,953 | 5,929 | |
47/48 |
447,480 | 385,798 | 353,519 | 230,555 | 162,025 | 123,291 | 63,188 | 149,181 | 72,217 | 83,240 | 58,680 | 125,485 | 141,030 | 144,800 | 163,256 | 201,656 | 185,245 | 207,571 | |
492/3 |
4,237 | 3,236 | 0 | 7,476 | 2,075 | 2,850 | 2,667 | 1,385 | 1,385 | 948 | 808 | - | - | - | - | - | - | 3,343 | |
| Income statement | |||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43,322 | |
76A |
- | - | - | - | 0 | 43,000 | 359,858 | - | 2,986 | - | - | - | - | - | 660 | - | 9,580 | - | |
9900 |
42,985 | 38,677 | 18,951 | 44,899 | 40,828 | 109,311 | 383,635 | 39,768 | 41,313 | -5,257 | 16,662 | 18,368 | 7,302 | 387,946 | 175,647 | 33,262 | 64,460 | 34,426 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,896 | |
630 |
35,586 | 35,586 | 41,882 | 20,192 | 20,192 | 19,657 | 18,672 | 22,952 | 22,952 | 25,168 | 7,059 | 5,523 | 5,519 | 5,519 | 14,090 | 15,005 | 15,949 | 16,609 | |
640/8 |
6,488 | 5,528 | 4,916 | 4,929 | 3,319 | 2,758 | 3,149 | 3,507 | 4,233 | 2,314 | 2,083 | 2,203 | 2,064 | 2,748 | 3,563 | 3,888 | 2,943 | 3,306 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 4 | - | - | - | - | - | - | |
9901 |
911 | -2,437 | -27,848 | 19,777 | 17,317 | 86,896 | 361,814 | 13,309 | 14,128 | -32,739 | 7,520 | 10,642 | -281 | 379,679 | 157,994 | 14,369 | 45,568 | 14,511 | |
75/76B |
10,557 | 9,046 | 18,181 | 0 | 6 | 0 | 582 | 76 | 25,987 | 339 | 50,763 | 1,964 | 2,897 | 1,302 | - | - | - | - | |
75 |
10,557 | 9,046 | 18,181 | - | 0 | 0 | 32 | 76 | 25,987 | 339 | 50,763 | 1,964 | 2,897 | 1,302 | - | - | - | - | |
76B |
- | - | - | 0 | 6 | 0 | 550 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
24,995 | 25,436 | 18,584 | 12,753 | 23,292 | 9,290 | 18,846 | 14,187 | 13,518 | 5,437 | 7,222 | 4,795 | 16,825 | 8,082 | 32,354 | 32,128 | 37,644 | 34,368 | |
65 |
24,995 | 25,436 | 18,584 | 12,753 | 23,292 | 9,290 | 15,250 | 14,187 | 13,518 | 5,437 | 7,222 | 4,795 | 16,825 | 8,082 | 32,354 | 32,128 | 37,644 | 34,368 | |
66B |
- | - | - | - | - | 0 | 3,596 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-13,527 | -18,827 | -28,250 | 7,024 | -5,970 | 77,606 | 343,550 | -802 | 26,597 | -37,837 | 51,061 | 7,807 | -14,209 | 372,899 | 126,300 | -17,759 | 17,504 | -19,857 | |
780 |
5,556 | 5,556 | 3,515 | 2,893 | 11,574 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 26 | 285 | 534 | 83 | - | - | - | -15 | |
9904 |
-7,971 | -13,272 | -24,735 | 9,917 | 5,604 | 81,539 | 241,037 | 10,768 | 38,167 | -33,904 | 51,035 | 7,522 | -14,743 | 243,023 | 126,300 | -17,759 | 17,504 | -19,842 | |
789 |
16,667 | 16,667 | 10,546 | 8,681 | 0 | 7,638 | 7,637 | - | - | 7,638 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 253,412 | - | - | - | - | - | - | 252,063 | - | - | - | - | |
9905 |
8,696 | 3,396 | -14,189 | 18,598 | 5,604 | 89,176 | -4,738 | 10,768 | 38,167 | -26,266 | 51,035 | 7,522 | -14,743 | -9,040 | 126,300 | -17,759 | 17,504 | -19,842 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-89,557 | -98,253 | -101,649 | -87,460 | -106,058 | -111,662 | -200,838 | -195,562 | -206,330 | -244,497 | -218,231 | -269,266 | -276,788 | -262,045 | -253,005 | -379,305 | -361,546 | -379,050 | |
14P |
-98,253 | -101,649 | -87,460 | -106,058 | -111,662 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 538 | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 538 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 10 older financial years (1997-2007) were filed as documents without figures as data, scans for example.
The notes to these accounts have 18 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 23-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-07-2026 | 2026-00329469 | |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00188671 | |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00398759 | |
| 31-12-2022 | abbreviated format | 16-08-2023 | 2023-00332959 | |
| 31-12-2021 | abbreviated format | 10-08-2022 | 2022-20280338 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51900150 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-51500235 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56900073 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-28500176 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54700351 | |
| 31-12-2015 | abbreviated format | 13-06-2016 | 2016-17400125 | |
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-45300417 | |
| 31-12-2013 | abbreviated format | 26-09-2014 | 2014-61000502 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-57300524 | |
| 31-12-2011 | abbreviated format | 05-07-2012 | 2012-28300102 | |
| 31-12-2010 | abbreviated format | 29-06-2011 | 2011-24300548 | |
| 31-12-2009 | abbreviated format | 16-07-2010 | 2010-31700484 | |
| 31-12-2008 | abbreviated format | 16-06-2009 | 2009-23800354 | |
| 31-12-2007 | abbreviated format | 29-08-2008 | 2008-65600210 | |
| 31-12-2006 | abbreviated format | 31-08-2007 | 2007-66700362 | |
| 31-12-2004 | abbreviated format | 30-05-2005 | 2005-18301071 | |
| 31-12-2003 | abbreviated format | 30-06-2004 | 2004-37303129 | |
| 31-12-2002 | abbreviated format | 14-01-2005 | 2005-01504860 | |
| 31-12-2001 | abbreviated format | 02-12-2002 | 2002-74505170 | |
| 31-12-2000 | abbreviated format | 24-01-2002 | 2002-02404596 | |
| 31-12-1999 | abbreviated format | 30-11-2000 | 2000-73801857 | |
| 31-12-1998 | abbreviated format | 25-10-1999 | 1999-54801815 | |
| 31-12-1997 | abbreviated format | 22-10-1998 | 1998-54204183 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,497 | 33,149 | 14,035 | 39,969 | 37,509 | 106,553 | 380,486 | 36,261 | 37,080 | -7,571 | 14,579 | 16,165 | 5,238 | 385,198 | 172,084 | 29,374 | 61,517 | 31,120 | ||
| 27,615 | 22,314 | 17,147 | 30,109 | 25,796 | 101,196 | 259,709 | 33,720 | 61,119 | -8,736 | 58,094 | 13,045 | -9,224 | 248,542 | 140,390 | -2,754 | 33,453 | -3,233 | ||
| 0 | 0 | 677,314 | 0 | -78 | 15,201 | 12,432 | 0 | 25,406 | 706,569 | 131,724 | 63,900 | 0 | -178,748 | 12,779 | 1,790 | -19,167 | 6,607 | ||
| 202 | -57,829 | 57,484 | -852 | -19,527 | -5,711 | - | - | - | - | - | 18,411 | 5,212 | 5,124 | - | - | - | - | ||
| -192,337 | -179,556 | -164,700 | 422,082 | 413,313 | 423,178 | 363,874 | -135,755 | -133,751 | -194,214 | 203,941 | 283,721 | 341,839 | 347,962 | -98,968 | -248,942 | -225,520 | -255,382 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 33.5% | ||
| 37.0% | 37.8% | 36.8% | 45.3% | 46.3% | 43.8% | 41.1% | 25.6% | 26.5% | 22.8% | 50.3% | 41.6% | 39.2% | 40.6% | 2.0% | -35.3% | -29.3% | -31.3% | ||
| 0.64 | 0.62 | 0.66 | 2.62 | 3.12 | 3.81 | 4.62 | 0.66 | 0.58 | 0.47 | 3.19 | 3.06 | 3.21 | 3.20 | 0.48 | 0.03 | 0.01 | 0.00 | ||
| 1.47 | 1.41 | 1.47 | 0.96 | 0.90 | 0.93 | 1.02 | 2.51 | 2.35 | 2.91 | 0.55 | 0.87 | 1.00 | 0.94 | 49.75 | - | - | - | ||
| -1.3% | -2.1% | -3.8% | 1.5% | 0.8% | 13.2% | 45.0% | 3.7% | 13.1% | -13.0% | 17.3% | 3.1% | -6.2% | 97.0% | - | - | - | - | ||
| -0.5% | -0.8% | -1.4% | 0.7% | 0.4% | 5.8% | 18.5% | 0.9% | 3.5% | -3.0% | 8.7% | 1.3% | -2.4% | 39.4% | 32.7% | -5.3% | 5.1% | -5.3% | ||
| 1.46 | 1.30 | 0.76 | 3.13 | 1.61 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 234 days |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €424,884 | €459,735 | €493,615 | €355,000 | €355,000 |
| Mortgages, amount registered | €82,500 | €157,000 | €157,000 | €25,000 | €25,000 |
| €621,500 | €330,000 | €330,000 | €330,000 | €330,000 | |
| Carrying value of the mortgaged assets | €1.1m | €1.0m | €1.2m | €579,855 | €599,429 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €677,314 | - | - |
| €35,586 | €35,586 | €41,882 | €20,192 | €20,192 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €911, after a loss of €2,437 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total rises from 53.2% to 54.5%. Equity is lower and debt is higher.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| COMATEX
registered office since 04-02-2015 · founded in 2004 · negative equity (2025) |
total assets €1.7m (2025) 0862.491.930 |
| AS SERVICES
registered office since 07-06-2005 · founded in 2005 |
total assets €394,823 (2025) 0874.311.676 |
| AMBAX
registered office since 13-07-2021 · founded in 2021 |
total assets €365,244 (2025) 0771.351.522 |
| BPN Invest
registered office since 11-08-2005 · founded in 2005 · negative equity (2025) |
total assets €257,096 (2025) 0875.534.074 |
| BAETAN
registered office since 22-11-2023 · founded in 1986 |
total assets €64,521 (2025) 0428.710.702 |
Source for every holding own accounts 2025
The network starts from the directors of BASCH. 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
| Establishment | Since | Unit number |
|---|---|---|
| Molenstraat 73 registered office 9820 Merelbeke-Melle 68201 Renting and operating of own or leased residential real estate, excluding social housing | 10-06-2022 | 2.335.596.385 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44058B0236/00D000 | 7,244 m² | 1 · 300 m² | 10.3 m · 2 |
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