BASCO
ActiveSummary
BASCO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.7m and a net result of €599,712. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▲+11
Solvency87▼-13
Growth22=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.23 in 2024; short-term debt: 37.2% and cash: 0.3% of total assets), and 38.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
4.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
on the day
2023
on the day
2022
3 d early
2021
15 d late
2020
9 d early
2019
37 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 6 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€231,563▼ 52.0%
2019 · €482,219
EBIT margin
-40.4%▼ 9.6pp
2019 · -30.8%
Net result
€599,712
2024 · -€3,093
Working capital
-€3.0m▼ 390%
2024 · -€616,168
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
Line20212022202320242025
Turnover
Operating result-€31,743▲ 66.0%-€37,498▼ 18.1%-€64,341▼ 71.6%-€38,042▲ 40.9%-€37,872▲ 0.4%
Net result-€26,654▲ 29.4%-€30,564▼ 14.7%-€52,212▼ 70.8%-€3,093▲ 94.1%€599,712
EBIT margin
Equity€15.1m▼ 0.2%€15.0m▼ 0.2%€15.0m▼ 0.3%€12.6m▼ 16.2%€8.7m▼ 31.0%
Total assets€16.1m▲ 3.0%€16.0m▼ 0.3%€16.5m▲ 3.2%€13.6m▼ 17.6%€14.0m▲ 3.0%
Debt€1.0m▲ 97.3%€977,934▼ 2.3%€1.5m▲ 57.7%€1.1m▼ 31.6%€5.4m▲ 409%
Working capital-€547,195-€569,883▼ 4.1%-€262,172▲ 54.0%-€616,168▼ 135%-€3.0m▼ 390%
Staff (FTE)2.8=1.2▼ 57.1%0▼ 100%00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37,872 in 2025 against €38,042 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.0m
Fixed assets
€11.8m ▼ 11.9%
Current assets
€2.2m ▲ 1,122%
Equity and liabilities €14.0m
Equity
€8.7m ▼ 31.0%
Debt
€5.4m ▲ 409%
Debt's share of the balance-sheet total rises from 7.7% to 38.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.42▲
2024 · 0.23
Debt to equity
0.62▲
2024 · 0.08
ROE
6.9%▲
2024 · 0.0%
ROA
4.3%▲
2024 · 0.0%
Debt ≤ 1 year
€5.2m▲
2024 · €795,884
Debt > 1 year
€139,567▼
2024 · €249,167
Income taxes
€0▼
2024 · €5,484
Staff costs
€0▼
2024 · €4,019
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €66,856 | €61,036 | €4,019 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1,052 | €1,056 | €1,375 | €1,166 | ▼ 15.2% |
| Gross operating margin9900 | €144,736 | €30,410 | -€2,249 | -€32,647 | -€36,706 | ▼ 12.4% |
| Operating profit (loss)9901 | -€31,743 | -€37,498 | -€64,341 | -€38,042 | -€37,872 | ▲ 0.4% |
| Financial income75/76B | - | €20,554 | €39,553 | €45,370 | €645,684 | ▲ 1,323% |
| Recurring financial income75 | €18,562 | €20,554 | €39,553 | €45,370 | €51,378 | ▲ 13.2% |
| Non-recurring financial income76B | - | - | - | - | €594,306 | - |
| Financial charges65/66B | - | €13,620 | €20,290 | €4,938 | €8,100 | ▲ 64.0% |
| Recurring financial charges65 | €13,472 | €13,620 | €20,290 | €4,938 | €8,100 | ▲ 64.0% |
| Profit (loss) for the period before taxes9903 | -€26,654 | -€30,564 | -€45,078 | €2,391 | €599,712 | ▲ 24,984% |
| Income taxes67/77 | €0 | - | €7,134 | €5,484 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€26,654 | -€30,564 | -€52,212 | -€3,093 | €599,712 | ▲ 19,488% |
| Profit (loss) for the period to be appropriated9905 | -€26,654 | -€30,564 | -€52,212 | -€3,093 | €599,712 | ▲ 19,488% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16.1m | €16.0m | €16.5m | €13.6m | €14.0m | ▲ 3.0% |
| Fixed assets21/28 | €15.6m | €15.6m | €15.6m | €13.4m | €11.8m | ▼ 11.9% |
| Financial fixed assets28 | €15.6m | €15.6m | €15.6m | €13.4m | €11.8m | ▼ 11.9% |
| Current assets29/58 | €452,922 | €399,483 | €911,994 | €179,715 | €2.2m | ▲ 1,122% |
| Amounts receivable after more than one year29 | - | €119,295 | €667,295 | €0 | - | - |
| Other amounts receivable291 | - | €119,295 | €667,295 | €0 | - | - |
| Amounts receivable within one year40/41 | €60,910 | €75,966 | €128,974 | €20,418 | €2.0m | ▲ 9,707% |
| Trade receivables40 | - | €75,964 | €126,545 | €6,544 | €115 | ▼ 98.2% |
| Other amounts receivable41 | - | €3 | €2,429 | €13,874 | €2.0m | ▲ 14,333% |
| Cash at bank and in hand54/58 | €187,952 | €95,811 | €15,314 | €50,916 | €35,398 | ▼ 30.5% |
| Deferred charges and accrued income490/1 | - | €108,411 | €100,410 | €108,382 | €158,137 | ▲ 45.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16.1m | €16.0m | €16.5m | €13.6m | €14.0m | ▲ 3.0% |
| Equity10/15 | €15.1m | €15.0m | €15.0m | €12.6m | €8.7m | ▼ 31.0% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €13.6m | €13.6m | €13.6m | €11.1m | €7.2m | ▼ 35.0% |
| Non-distributable reserves130/1 | - | €159,727 | €159,727 | €159,727 | €159,727 | = |
| Legal reserve130 | - | €142,500 | €142,500 | €142,500 | €142,500 | = |
| Reserves not available under the articles1311 | - | €17,227 | €17,227 | €17,227 | €17,227 | = |
| Tax-exempt reserves132 | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | €13.4m | €13.4m | €11.0m | €7.1m | ▼ 35.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €1.0m | €977,934 | €1.5m | €1.1m | €5.4m | ▲ 409% |
| Amounts payable after more than one year17 | - | - | €358,767 | €249,167 | €139,567 | ▼ 44.0% |
| Financial debts170/4 | - | - | €358,767 | €249,167 | €139,567 | ▼ 44.0% |
| Amounts payable within one year42/48 | €1.0m | €969,366 | €1.2m | €795,884 | €5.2m | ▲ 555% |
| Current portion of amounts payable after more than one year42 | - | - | €109,600 | €109,600 | €109,600 | = |
| Trade debts44 | €24,068 | €2,333 | €37,585 | €18,574 | €10,074 | ▼ 45.8% |
| Suppliers440/4 | - | €2,333 | €37,585 | €18,574 | €10,074 | ▼ 45.8% |
| Taxes, remuneration and social security45 | - | €11,904 | €12,364 | €0 | - | - |
| Taxes450/3 | - | €1,023 | €0 | - | - | - |
| Remuneration and social security454/9 | - | €10,881 | €12,364 | €0 | - | - |
| Other amounts payable47/48 | - | €955,130 | €1.0m | €667,710 | €5.1m | ▲ 663% |
| Accrued charges and deferred income492/3 | - | €8,567 | €9,692 | €9,597 | €11,182 | ▲ 16.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,654 | -€30,564 | -€52,212 | -€3,093 | €599,712 | ▲ 19,488% |
| Operating cash flow (approximation) | -€26,654 | -€30,564 | -€52,212 | -€3,093 | €599,712 | ▲ 19,488% |
| Investment in fixed assets (approximation) | - | €0 | €32 | €2.2m | €1.6m | ▼ 26.4% |
| Change in cash | - | -€92,142 | -€80,496 | €35,601 | -€15,518 | ▼ 144% |
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 2026, expected by
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €599,712
Net result €599,712 after 5 loss-making years.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€52,212
Net result drops to -€52,212, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Kortrijk · 1 establishment unit since 1990
Ground area
1.5 ha
Building footprint
7,197 m²
Volume, LiDAR
60,883 m³
Parcel 34353B0311/00H004, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BASCO
since 19902.046.529.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0311/00H004 | Flanders | 1.5 ha | 1 · 7,197 m² | 10.4 m · 3 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.
Structure & network
Owners and holdings
3 owners · 3 holdingsOwners 3
- Sourceaccounts MECOBEN 202533.34%
-
33.33%
-
33.33%
Holdings 3
- Basco do Brasil administracao e participacoes ltdaBRsubsidiarySourceown accounts 31-03-2025Equity BRL 11.0mResult -BRL 34,21399.99%
-
99.9%
-
8.52%
According to the annual accounts to 31-03-2025 of BASCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 332 EUR awarded · 332 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 332 EUR | 332 EUR |
Schemes
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 7,584 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-12-1989
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439177495
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.