Equity
Equity fell by 79% in 8 years.
Equity fell by 79% in 8 years.
The micro format states no turnover.
Of this, €258,621 falls due within a year.
Short-term debts rose from €70,986 to €258,621.
2026 accounts not filed: deadline was 31-10-2026.
Higher net result than 80% of companies in real estate. Sector median €5,862 · 19,810 companies.
In July 2024, 1,448 companies had the same profile as BASCO has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 1,448 companies, not a prediction for BASCO. 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.
| Company | ||||
|---|---|---|---|---|
| BASCO Sint-Katelijne-Waver | €1.0m | €189,588 | 7.1% | - |
| RAATS INVEST Wuustwezel | €1.0m | €199,801 | 11.9% | 0 |
| BATIMONT MRB Fernelmont | €1.0m | €190,316 | 41.5% | - |
| NOTCO Deerlijk | €1.0m | €172,002 | 2.7% | - |
| OTYN INVEST Mons | €1.0m | €224,251 | 34.8% | - |
| PKP Invest Wevelgem | €1.1m | €215,291 | 20.9% | - |
| DELHAISE JB Andenne | €1.1m | €160,137 | 42.7% | - |
These companies have the same main activity as BASCO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1m and €1.1m, founded between 2012 and 2014.
BASCO files the micro format. That format states no turnover. The gross margin rose from €109,075 in 2014 to €189,588 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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