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BASICO

Active Private limited companyfounded 2007active for 19 yearsHet Dorp 42, 3500 HasseltKBO/BCE: BE 0886.985.321

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2007
peak €203,115 (2024)
€174,729▼ 14.0%
lowest -€6,039 (2008)
€57,871▲ 13.3%
peak €303,330 (2025)
€303,330▲ 23.6%
€139,894▼ 21.2%
peak 2.2 FTE (2009)
-not published
Board2 names since 2007
2 directorsDI MARCO Cinzia and 1 other
Documentsfilings and deeds
11-05-202681 days before the deadline
2025micro format
Gross margin from €203,115 to €174,729Equity from €245,459 to €303,330Debts from €177,473 to €139,894Cash from €71,765 to €131,954

Key points

from the 2025 annual accounts

Equity

€303,330 ▲ 23.6%

BASICO has made a profit without a break since 2015.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Position in the sector

€303,330

More equity than 95% of companies in food and beverage service. Sector median €28,663 · 17,189 companies.

Checked score

95
Excellent
Financially stronger than 77% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

93+10equity 68.4% of total assets
79+16short-term debt 22.9% · cash 29.8%
85+1return on assets 13.1%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 2.51, cash €131,954
Founded in 2007
Equity €303,330 (68.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 83% of them on solvency, 82% on liquidity, 72% on profitability and 69% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as BASICO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BASICO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 34,693 companies, not a prediction for BASICO. 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.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.51 (2.04 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 29.8% of total assets. 31.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.51, cash €131,954
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €303,330 (68.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
81 days early
2024
99 days early
2023
34 days early
2022
32 days early
2021
17 days early
2020
80 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
DI MARCO Cinzia
Director, since 30-01-2007
RS
ROTELLA SOLIS Raquel
Director, since 30-01-2007
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0886985321
Amendment of the articles · Legal-form change · Resignations & appointments Director in office: DI MARCO Cinzia (director (not named in the articles)) · Director in office: ROTELLA SOLIS Raquel (director (not named in the articles)) · General meeting of 27-04-2023 · Gazette deed
Incorporation published on 13-02-2007 · Gazette deed
First establishment Het Dorp 42, Hasselt
All 30 events

Comparable companies

same main activity, similar in size and age
Company
BASICO Hasselt €443,224 €174,729 68.4% -
SHOKO Lanaken €456,847 €162,220 84.9% 2.7
OUD BREE Bree €512,370 €190,526 86.6% -
GASTRIMON ARENA Maaseik €491,917 €170,189 5.9% 1.7
SINGH & SONS Knokke-Heist €474,467 €170,514 44.5% 4
ALPAJURO Ixelles €389,079 €175,166 33.0% 5.6
CHANG JIANG WOK Hooglede €387,389 €163,422 72.9% -

These companies have the same main activity as BASICO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €387,000 and €512,000, founded between 2005 and 2009.

Official details

Source: KBO
Status
Active since 05-02-2007Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.159.552.6693500 Hasselt, since 30-01-2007
Financial year end
31 December
Peppol
Reachable since 01-09-2025
Company details

Annual accounts 2025

≈ €510,000estimated
€443,224▲ 4.8%
≈ 1.3 FTEestimated
Filing
Filed on 11-05-2026, 81 days before the end of the filing period
Financials

Insights on BASICO

BASICO files the micro format. That format states no turnover. The gross margin rose from €88,160 in 2008 to €174,729 in 2025.

The balance sheet grew most from 2011 to 2013 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.

Key facts about BASICO

What is the company number of BASICO?
The company number of BASICO is 0886.985.321. The VAT number is the same number with BE in front: BE 0886.985.321.
Where is BASICO based?
The registered office is at Het Dorp 42, 3500 Hasselt.Company details
What does BASICO do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of BASICO?
BASICO is a private limited company (BV).
When was BASICO founded?
BASICO was founded on 05-02-2007.
Is BASICO still active?
Yes, BASICO is an active enterprise in the KBO register.
How many employees does BASICO have?
BASICO had an average of 3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does BASICO fall under?
In its 2025 annual accounts, BASICO states joint committee 302 (Hotels and catering).
What is the turnover of BASICO?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €174,729 and 87 comparable companies (NACE 56111). It probably lies between €420,000 and €620,000.
Is BASICO profitable?
In financial year 2025, BASICO made a profit of €57,871.
Where can I find the annual accounts of BASICO?
BASICO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BASICO due?
BASICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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