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Basdak

Active
Private limited companyfounded 2023active for 3 yearsAtealaan(HRT) 4p, 2200 Herentals, BelgiumKBO/BCE: BE 0800.509.821
Summary

Basdak has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €868,252. Its solvency ranks better than 61% of 9,615 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Equity
€1.3m▲ 222%
2024 · €391,608
Total assets
€2.4m▲ 153%
2024 · €934,779
Net result
€868,252▲ 128%
2024 · €381,608
Working capital
€1.8m▲ 203%
2024 · €604,430
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 125% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1.2m 2025 Net result€0.9m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€0.5m-€1.2m▲ 125%
Net result€0.4mabove the sector's middle half-€0.9mabove the sector's middle half▲ 128%
Equity€0.4mwithin the sector's middle half-€1.3mabove the sector's middle half▲ 222%
Total assets€0.9mwithin the sector's middle half-€2.4mabove the sector's middle half▲ 153%
Debt€0.4m-€0.8m▲ 99.2%
Working capital€0.6mabove the sector's middle half-€1.8mabove the sector's middle half▲ 203%
Solvency41.9%within the sector's middle half-53.2%within the sector's middle half▲ 11.3pp
Current ratio4.22above the sector's middle half-5.33above the sector's middle half▲ 1.11
Return on assets (ROA)40.8%above the sector's middle half-36.7%above the sector's middle half▼ 4.2pp
Staff (FTE)6.4within the sector's middle half-7.1within the sector's middle half▲ 10.9%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets €110,276 ▼ 22.8%
Current assets €2.3m ▲ 185%
Equity and liabilities €2.4m
Equity €1.3m ▲ 222%
Provisions €325,464 ▲ 116%
Debt €782,310 ▲ 99.2%
Debt's share of the balance-sheet total falls from 42.0% to 33.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.2m▲
2024 · €548,526
Cash flow
€906,208▲
2024 · €417,386
Quick ratio
5.06▲
2024 · 3.78
Debt to equity
0.62▼
2024 · 1.00
ROE
68.9%▼
2024 · 97.4%
Interest coverage
54.96▲
2024 · 21.50
Debt ≤ 1 year
€423,420▲
2024 · €187,543
Debt > 1 year
€183,249▼
2024 · €204,613
Income taxes
€283,444▲
2024 · €122,156
Staff costs
€442,334▼
2024 · €447,878
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€2.4m▲
Fixed assets21/28€0.1m€0.1m▼
Intangible fixed assets21€0.07m€0.06m▼
Tangible fixed assets22/27€0.08m€0.05m▼
Plant, machinery and equipment23€0.03m€0.03m▼
Furniture and vehicles24€0.04m€0.03m▼
Current assets29/58€0.8m€2.3m▲
Stocks and contracts in progress3€0.08m€0.1m▲
Stocks30/36€0.08m€0.1m▲
Amounts receivable within one year40/41€0.5m€1.3m▲
Trade receivables40€0.4m€1.2m▲
Other amounts receivable41€0.1m€0.05m▼
Current investments50/53€0.1m€0.4m▲
Cash at bank and in hand54/58€0.06m€0.4m▲
Deferred charges and accrued income490/1€0.02m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€0.9m€2.4m▲
Equity10/15€0.4m€1.3m▲
Contributions10/11€0.01m€0.01m=
Profit (loss) carried forward14€0.4m€1.2m▲
Provisions and deferred taxes16€0.2m€0.3m▲
Provisions for liabilities and charges160/5€0.2m€0.3m▲
Other liabilities and charges164/5€0.2m€0.3m▲
Amounts payable17/49€0.4m€0.8m▲
Amounts payable after more than one year17€0.2m€0.2m▼
Financial debts170/4€0.2m€0.2m▼
Amounts payable within one year42/48€0.2m€0.4m▲
Current portion of amounts payable after more than one year42€0.02m€0.02m▲
Trade debts44€0.1m€0.08m▼
Suppliers440/4€0.1m€0.08m▼
Taxes, remuneration and social security45€0.05m€0.3m▲
Taxes450/3€37€0.2m▲
Remuneration and social security454/9€0.05m€0.06m▲
Other amounts payable47/48-€0.02m
Accrued charges and deferred income492/3€0.001m€0.2m▲
Income statement Code20242025
Non-recurring operating income76A-€0.002m
Remuneration, social security and pensions62€0.4m€0.4m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.02m
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.2m€0.2m▲
Other operating charges640/8€0.003m€0.002m▼
Non-recurring operating charges66A-€0.02m
Gross operating margin9900€1.1m€1.8m▲
Operating profit (loss)9901€0.5m€1.2m▲
Financial income75/76B€0.02m€0.02m▲
Recurring financial income75€0.02m€0.02m▲
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.5m€1.2m▲
Income taxes67/77€0.1m€0.3m▲
Profit (loss) for the period9904€0.4m€0.9m▲
Profit (loss) for the period to be appropriated9905€0.4m€0.9m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€1.2m▲
Profit (loss) brought forward from the previous period14P-€0.4m
Social balance sheet
Average headcount (FTE)90876.47.1▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€0.002m-
Remuneration, social security and pensions62€0.4m€0.4m▼ 1.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲ 6.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.02m-
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.2m€0.2m▲ 16.4%
Other operating charges640/8€0.003m€0.002m▼ 27.2%
Non-recurring operating charges66A-€0.02m-
Gross operating margin9900€1.1m€1.8m▲ 60.8%
Operating profit (loss)9901€0.5m€1.2m▲ 125%
Financial income75/76B€0.02m€0.02m▲ 17.1%
Recurring financial income75€0.02m€0.02m▲ 17.1%
Financial charges65/66B€0.03m€0.02m▼ 15.0%
Recurring financial charges65€0.03m€0.02m▼ 15.0%
Profit (loss) for the period before taxes9903€0.5m€1.2m▲ 129%
Income taxes67/77€0.1m€0.3m▲ 132%
Profit (loss) for the period9904€0.4m€0.9m▲ 128%
Profit (loss) for the period to be appropriated9905€0.4m€0.9m▲ 128%
Line20242025Change
Assets
Total assets20/58€0.9m€2.4m▲ 153%
Fixed assets21/28€0.1m€0.1m▼ 22.8%
Intangible fixed assets21€0.07m€0.06m▼ 11.2%
Tangible fixed assets22/27€0.08m€0.05m▼ 33.0%
Plant, machinery and equipment23€0.03m€0.03m▼ 20.3%
Furniture and vehicles24€0.04m€0.03m▼ 42.4%
Current assets29/58€0.8m€2.3m▲ 185%
Stocks and contracts in progress3€0.08m€0.1m▲ 37.7%
Stocks30/36€0.08m€0.1m▲ 37.7%
Amounts receivable within one year40/41€0.5m€1.3m▲ 144%
Trade receivables40€0.4m€1.2m▲ 213%
Other amounts receivable41€0.1m€0.05m▼ 65.5%
Current investments50/53€0.1m€0.4m▲ 331%
Cash at bank and in hand54/58€0.06m€0.4m▲ 556%
Deferred charges and accrued income490/1€0.02m€0.02m▲ 5.6%
Equity and liabilities
Total equity and liabilities10/49€0.9m€2.4m▲ 153%
Equity10/15€0.4m€1.3m▲ 222%
Contributions10/11€0.01m€0.01m=
Profit (loss) carried forward14€0.4m€1.2m▲ 228%
Provisions and deferred taxes16€0.2m€0.3m▲ 116%
Provisions for liabilities and charges160/5€0.2m€0.3m▲ 116%
Other liabilities and charges164/5€0.2m€0.3m▲ 116%
Amounts payable17/49€0.4m€0.8m▲ 99.2%
Amounts payable after more than one year17€0.2m€0.2m▼ 10.4%
Financial debts170/4€0.2m€0.2m▼ 10.4%
Amounts payable within one year42/48€0.2m€0.4m▲ 126%
Current portion of amounts payable after more than one year42€0.02m€0.02m▲ 4.4%
Trade debts44€0.1m€0.08m▼ 29.2%
Suppliers440/4€0.1m€0.08m▼ 29.2%
Taxes, remuneration and social security45€0.05m€0.3m▲ 471%
Taxes450/3€37€0.2m▲ 649,951%
Remuneration and social security454/9€0.05m€0.06m▲ 10.9%
Other amounts payable47/48-€0.02m-
Accrued charges and deferred income492/3€0.001m€0.2m▲ 27,317%
Line20242025Change
Profit (loss) for the period9904€381,608€868,252▲ 128%
+ Depreciation and write-downs630€35,778€37,956▲ 6.1%
Operating cash flow (approximation)€417,386€906,208▲ 117%
Investment in fixed assets (approximation)--€5,426-
Change in cash-€326,076-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €200 awarded · €200 paid
Year Entries AwardedPaid
2025 1 €120€120
2024 1 €80€80
Schemes
2 entries · €200 · €200 paid · Fonds voor Innoveren en Ondernemen

Public contracts: not fully processed yet. The notices from August 2020 to September 2026 are still being read.