Summary
BASCO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €6,400 and a net result of -€4,226. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability19▼-5
Solvency36▼-16
Growth32
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019Solvency, return and age of the figures
Solvency
10.9%
Return on assets
-7.2%
Age of the figures
81 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-08-2020, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 26 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2019, micro schema
Equity
€6,400▼ 39.8%
2018 · €10,625
Total assets
€58,510▲ 48.1%
2018 · €39,508
Net result
-€4,226▼ 96.0%
2018 · -€2,156
Working capital
-€3,448▲ 27.1%
2018 · -€4,731
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
Line20182019
Operating result-€1,605--€3,384▼ 111%
Net result-€2,156--€4,226▼ 96.0%
Equity€10,625-€6,400▼ 39.8%
Total assets€39,508-€58,510▲ 48.1%
Debt€28,883-€52,110▲ 80.4%
Working capital-€4,731--€3,448▲ 27.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,384 in 2019 against €1,605 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €58,510
Fixed assets
€37,620 ▲ 59.3%
Current assets
€20,891 ▲ 31.5%
Equity and liabilities €58,510
Equity
€6,400 ▼ 39.8%
Debt
€52,110 ▲ 80.4%
Debt's share of the balance-sheet total rises from 73.1% to 89.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,841▼
2018 · €7,866
Cash flow
€6,000▼
2018 · €7,315
Current ratio
0.86▲
2018 · 0.77
Quick ratio
0.59▲
2018 · 0.55
Debt to equity
4.34▲
2018 · 0.78
ROE
-66.0%▼
2018 · -20.3%
ROA
-7.2%▼
2018 · -5.5%
Debt ≤ 1 year
€24,339▲
2018 · €20,618
Debt > 1 year
€27,772▲
2018 · €8,265
Income taxes
€269▲
2018 · €114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,470 | €10,225 | ▲ 8.0% |
| Gross operating margin9900 | €8,601 | €7,934 | ▼ 7.7% |
| Operating profit (loss)9901 | -€1,605 | -€3,384 | ▼ 111% |
| Recurring financial income75 | €88 | €148 | ▲ 68.5% |
| Recurring financial charges65 | €525 | €720 | ▲ 37.3% |
| Profit (loss) for the period before taxes9903 | -€2,042 | -€3,956 | ▼ 93.8% |
| Income taxes67/77 | €114 | €269 | ▲ 136% |
| Profit (loss) for the period9904 | -€2,156 | -€4,226 | ▼ 96.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,156 | -€4,226 | ▼ 96.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €39,508 | €58,510 | ▲ 48.1% |
| Fixed assets21/28 | €23,621 | €37,620 | ▲ 59.3% |
| Tangible fixed assets22/27 | €23,621 | €37,620 | ▲ 59.3% |
| Current assets29/58 | €15,887 | €20,891 | ▲ 31.5% |
| Stocks and contracts in progress3 | €4,500 | €6,500 | ▲ 44.4% |
| Amounts receivable within one year40/41 | €150 | €7,006 | ▲ 4,571% |
| Cash at bank and in hand54/58 | €9,795 | €5,387 | ▼ 45.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €39,508 | €58,510 | ▲ 48.1% |
| Equity10/15 | €10,625 | €6,400 | ▼ 39.8% |
| Contributions10/11 | €500 | €500 | = |
| Reserves13 | €5,500 | €5,500 | = |
| Profit (loss) carried forward14 | €4,625 | €400 | ▼ 91.4% |
| Amounts payable17/49 | €28,883 | €52,110 | ▲ 80.4% |
| Amounts payable after more than one year17 | €8,265 | €27,772 | ▲ 236% |
| Amounts payable within one year42/48 | €20,618 | €24,339 | ▲ 18.0% |
| Trade debts44 | €428 | €300 | ▼ 29.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,156 | -€4,226 | ▼ 96.0% |
| + Depreciation and write-downs630 | €9,470 | €10,225 | ▲ 8.0% |
| Operating cash flow (approximation) | €7,315 | €6,000 | ▼ 18.0% |
| Investment in fixed assets (approximation) | - | -€24,224 | - |
| Change in cash | - | -€4,408 | - |
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
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Vielsalm · 1 establishment unit since 2015
Ground area
1,480 m²
Building footprint
199 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
BASCO
since 20152.247.972.228
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82011A0299/00A000 | Wallonia | 1,024 m² | - | - |
| 82032E0221/00X000 | Wallonia | 456 m² | 1 · 199 m² | - |
Linked by address, not proof of ownership
Good to know
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
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2BUILDIT
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JR & AC CONSULTING
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Warmtenet Rijmenam
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Sinat Consult
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Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 2,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded09-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0642752385
Also
9925:BE0642752385
Registered
14-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.