BASEO
ActiveThe file of BASEO contains 4 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 7.9% (elevated). The 2025 annual accounts show equity of €102,023 and a net result of €47,194. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 18537 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+75
Solvency52▲+11
Growth78▲+26
Track record60
Bankruptcy probability, 12 months
7.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 0.44 in 2024; short-term debt: 43.5% and cash: 1.1% of total assets), and 72.9% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
27.1%
Return on assets
12.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 10 filingsDeviation from the deadline
2025
7 d late
2024
29 d late
2023
28 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
31 d late
← 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 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€102,023▲ 86.1%
2024 · €54,829
Total assets
€376,037▲ 12.1%
2024 · €335,341
Net result
€47,194
2024 · -€45,967
Working capital
-€45,611▲ 47.7%
2024 · -€87,201
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
Operating result€26,134-€1,988€25,634-€30,479€61,873
Net result€21,757-€24,848€78,813-€45,967€47,194
Equity€46,829€21,981▼ 53.1%€100,796▲ 359%€54,829▼ 45.6%€102,023▲ 86.1%
Total assets€414,597▲ 11.7%€327,308▼ 21.1%€353,697▲ 8.1%€335,341▼ 5.2%€376,037▲ 12.1%
Debt€367,768▼ 1.3%€305,327▼ 17.0%€252,901▼ 17.2%€280,512▲ 10.9%€274,014▼ 2.3%
Working capital-€53,774▲ 44.8%-€92,300▼ 71.6%-€21,041▲ 77.2%-€87,201▼ 314%-€45,611▲ 47.7%
Staff (FTE)1.3▼ 7.1%1▼ 23.1%1.8▲ 80.0%2.4▲ 33.3%1.6▼ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €61,873 after a loss of €30,479 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376,037
Fixed assets
€258,061 ▼ 3.1%
Current assets
€117,976 ▲ 70.6%
Equity and liabilities €376,037
Equity
€102,023 ▲ 86.1%
Debt
€274,014 ▼ 2.3%
Debt's share of the balance-sheet total falls from 83.6% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76,879▲
2024 · -€16,309
Cash flow
€62,200▲
2024 · -€31,797
Current ratio
0.72▲
2024 · 0.44
Quick ratio
0.29▲
2024 · 0.11
Debt to equity
2.69▼
2024 · 5.12
ROE
46.3%▲
2024 · -83.8%
ROA
12.6%▲
2024 · -13.7%
Interest coverage
5.09▲
2024 · -1.01
Debt ≤ 1 year
€163,587▲
2024 · €156,340
Debt > 1 year
€109,300▼
2024 · €124,172
Income taxes
€144▲
2024 · €137
Staff costs
€54,401▲
2024 · €50,904
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,811 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,000 | - | - |
| Remuneration, social security and pensions62 | €15,076 | €26,414 | €40,181 | €50,904 | €54,401 | ▲ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,064 | €12,865 | €13,453 | €14,170 | €15,006 | ▲ 5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €9,452 | €12,520 | -€12,263 | €2,293 | ▲ 119% |
| Other operating charges640/8 | €3,140 | €2,060 | €1,690 | €16,618 | €2,704 | ▼ 83.7% |
| Gross operating margin9900 | €59,415 | €48,803 | €93,478 | €38,950 | €136,277 | ▲ 250% |
| Operating profit (loss)9901 | €26,134 | -€1,988 | €25,634 | -€30,479 | €61,873 | ▲ 303% |
| Financial income75/76B | €7,522 | €115 | €69,352 | €872 | €554 | ▼ 36.5% |
| Recurring financial income75 | €22 | €115 | €1,729 | €872 | €554 | ▼ 36.5% |
| Non-recurring financial income76B | €7,500 | - | €67,623 | - | - | - |
| Financial charges65/66B | €11,715 | €22,698 | €15,896 | €16,224 | €15,089 | ▼ 7.0% |
| Recurring financial charges65 | €11,715 | €19,108 | €15,896 | €16,224 | €15,089 | ▼ 7.0% |
| Non-recurring financial charges66B | - | €3,590 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €21,941 | -€24,571 | €79,090 | -€45,830 | €47,338 | ▲ 203% |
| Income taxes67/77 | €184 | €277 | €277 | €137 | €144 | ▲ 5.2% |
| Profit (loss) for the period9904 | €21,757 | -€24,848 | €78,813 | -€45,967 | €47,194 | ▲ 203% |
| Transfer from tax-exempt reserves789 | - | - | - | €125,507 | - | - |
| Transfer to tax-exempt reserves689 | - | - | €67,623 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €21,757 | -€24,848 | €11,190 | €79,541 | €47,194 | ▼ 40.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €414,597 | €327,308 | €353,697 | €335,341 | €376,037 | ▲ 12.1% |
| Fixed assets21/28 | €293,952 | €282,763 | €274,600 | €266,202 | €258,061 | ▼ 3.1% |
| Tangible fixed assets22/27 | €293,890 | €282,701 | €274,538 | €266,140 | €252,899 | ▼ 5.0% |
| Land and buildings22 | €282,664 | €272,057 | €261,449 | €250,841 | €240,234 | ▼ 4.2% |
| Plant, machinery and equipment23 | €11,226 | €10,388 | €12,924 | €12,955 | €9,785 | ▼ 24.5% |
| Furniture and vehicles24 | - | €257 | €165 | €2,343 | €2,881 | ▲ 22.9% |
| Financial fixed assets28 | €62 | €62 | €62 | €62 | €5,162 | ▲ 8,230% |
| Current assets29/58 | €120,645 | €44,545 | €79,097 | €69,139 | €117,976 | ▲ 70.6% |
| Stocks and contracts in progress3 | €42,409 | €39,207 | €68,832 | €51,706 | €70,712 | ▲ 36.8% |
| Stocks30/36 | €42,409 | €39,207 | €68,832 | €51,706 | €70,712 | ▲ 36.8% |
| Amounts receivable within one year40/41 | €74,669 | €3,039 | €3,340 | €14,975 | €42,642 | ▲ 185% |
| Trade receivables40 | €17,937 | €3,039 | €3,340 | €11,556 | €38,881 | ▲ 236% |
| Other amounts receivable41 | €56,732 | - | - | €3,419 | €3,761 | ▲ 10.0% |
| Cash at bank and in hand54/58 | €3,567 | €2,299 | €6,191 | €2,204 | €4,270 | ▲ 93.7% |
| Deferred charges and accrued income490/1 | - | - | €734 | €254 | €352 | ▲ 38.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €414,597 | €327,308 | €353,697 | €335,341 | €376,037 | ▲ 12.1% |
| Equity10/15 | €46,829 | €21,981 | €100,796 | €54,829 | €102,023 | ▲ 86.1% |
| Contributions10/11 | €86,205 | €86,205 | €86,205 | €86,205 | €86,205 | = |
| Capital10 | €86,205 | - | - | - | - | - |
| Issued capital100 | €98,600 | - | - | - | - | - |
| Uncalled capital101 | €12,395 | - | - | - | - | - |
| Reserves13 | €127,367 | €127,367 | €194,991 | €69,483 | €69,483 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €125,507 | €125,507 | €193,131 | €67,623 | €67,623 | = |
| Profit (loss) carried forward14 | -€166,744 | -€191,591 | -€180,400 | -€100,860 | -€53,665 | ▲ 46.8% |
| Amounts payable17/49 | €367,768 | €305,327 | €252,901 | €280,512 | €274,014 | ▼ 2.3% |
| Amounts payable after more than one year17 | €193,350 | €168,482 | €152,763 | €124,172 | €109,300 | ▼ 12.0% |
| Financial debts170/4 | €193,350 | €168,482 | €152,763 | €124,172 | €109,300 | ▼ 12.0% |
| Amounts payable within one year42/48 | €174,419 | €136,845 | €100,138 | €156,340 | €163,587 | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | €28,603 | €25,323 | €27,025 | €28,443 | €14,814 | ▼ 47.9% |
| Financial debts43 | €28,209 | - | - | €27,152 | €22,741 | ▼ 16.2% |
| Credit institutions430/8 | €28,209 | - | - | €27,152 | €22,741 | ▼ 16.2% |
| Trade debts44 | €67,257 | €29,657 | €25,444 | €42,203 | €53,447 | ▲ 26.6% |
| Suppliers440/4 | €67,257 | €29,657 | €25,444 | €42,203 | €53,447 | ▲ 26.6% |
| Taxes, remuneration and social security45 | €48,164 | €54,687 | €25,120 | €18,024 | €24,890 | ▲ 38.1% |
| Taxes450/3 | €46,049 | €51,924 | €20,256 | €15,005 | €20,202 | ▲ 34.6% |
| Remuneration and social security454/9 | €2,115 | €2,763 | €4,864 | €3,020 | €4,688 | ▲ 55.2% |
| Other amounts payable47/48 | €2,186 | €27,178 | €22,549 | €40,518 | €47,695 | ▲ 17.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,128 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,757 | -€24,848 | €78,813 | -€45,967 | €47,194 | ▲ 203% |
| + Depreciation and write-downs630 | €15,064 | €12,865 | €13,453 | €14,170 | €15,006 | ▲ 5.9% |
| Operating cash flow (approximation) | €36,821 | -€11,982 | €92,266 | -€31,797 | €62,200 | ▲ 296% |
| Investment in fixed assets (approximation) | - | -€1,676 | -€5,290 | -€5,772 | -€6,865 | ▼ 18.9% |
| Change in cash | - | -€1,268 | €3,892 | -€3,987 | €2,066 | ▲ 152% |
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
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Back to profitnet €47,194
Net result €47,194 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €102,023 ▲86.1%
Equity rises from €54,829 to €102,023.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€45,967
Net result drops to -€45,967, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €78,813
Net result €78,813 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €100,796 ▲359%
Equity rises from €21,981 to €100,796.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
14-04
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise de Liège · event 11-04-2023
18-01
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 13-01-2023
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Show earlier events
2021
31-12
Financial
Back to profitnet €21,757
Net result €21,757 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €72,763
Net result €72,763 after one loss-making year.
19-12
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise de Liège · event 13-12-2019
26-09
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collective agreement · event 20-09-2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Namur · 2 establishment units since 1995
Ground area
289 m²
Building footprint
190 m²
Volume, LiDAR
2,423 m³
3 parcels, Wallonia · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
DES HAUTS ET DES BAS
since 19952.072.324.826
DES HAUTS ET DES BAS OUTLET
since 20242.362.662.256
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1368/00B000 | Wallonia | 131 m² | 1 · 107 m² | 16.8 m · 4 fl. |
| 92094C1417/00_000 | Wallonia | 91 m² | 1 · 52 m² | 13.9 m · 4 fl. |
| 92094C1367/00B000 | Wallonia | 67 m² | 1 · 31 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 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
MonMarie
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Dizzy Lingerie
BE 0897.601.970
Lasne · Eq €102,097
BO'S FASHION
BE 0426.735.464
Wetteren · Eq €102,414
ADAGE
BE 0421.151.927
Liège · Eq €101,484
CLOTHING ROSE
BE 0695.774.763
Aywaille · Eq €102,613
Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 1,910 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-06-1995
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
47721Retail sale of footwear
47722Retail trade
Contact
Phone
081/22.15.07Namur
E-mail
pascale.poty@skynet.beNamur
Phone
+3281211127Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455317406
Registered
05-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.