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BASIX afsluitingen

Active
Private limited company·Joinery installation· 14 yrs active
Meensesteenweg 376 ·8870 Izegem, Belgium

BASIX afsluitingen has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €20k. Equity is shrinking by ~38.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. The computed 12-month bankruptcy probability is 0.8% (low).

KBO/BCE: BE 0844.102.710
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Credit risk

Bankruptcy probability (12 mo)

0.8% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Credit advice

verdict per amount and term

Timeline

What happened to this company, by date

Next filing fiscal year 2026 expected by 31-07-2027

2026
15-07-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
03-06-2026 State Gazette act Open capture
Notarial deed · General meeting · Capital increase · Approval · Bruno Raes
2025
14-07-2025 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07-2024 NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-11-2023 State Gazette act Director changes
v3.2
12-07-2023 NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06-2022 NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06-2021 NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07-2020 NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
07-05-2020 State Gazette act Director changes
v3.2
20-01-2020 State Gazette act Director changes
v3.2
2019
21-06-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06-2017 NBB filing Annual accounts filed
fiscal year 2016 · micro schema

Financials

Equity€102k+23.9%
2023: €181k 2024: €82k
Total assets€1.72M+23.6%
2023: €1.42M 2024: €1.39M
Net result€20k
2023: €138k 2024: €-98k
Working capital€7k
2023: €86k 2024: €-30k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Figures by fiscal year

fiscal year 2025 · abbreviated schema
€-100k€0€100k€200kOperating result 2023: €158k€158kNet result 2023: €138k€138kOperating result 2024: €-81k€-81kNet result 2024: €-98k€-98kOperating result 2025: €50k€50kNet result 2025: €20k€20k202320242025
Operating resultNet result
EBITDA
€106k
- 23-25
Cash flow
€76k
- 23-25
Employees (FTE)
11
-11.8% 23-25
Staff costs
€632k
-15.0% 23-25
Income taxes
€1k
+64.7% 23-25
Dividends
€0
- 23-25
Debt
€1.62M
+23.6% 23-25
Debt ≤ 1y
€1.27M
+35.8% 23-25
Debt > 1y
€342k
-7.3% 23-25
Current ratio
1.01
+3.9% 23-25
Quick ratio
0.67
-4.9% 23-25
Solvency
5.9%
+0.3% 23-25
Debt / equity
15.86
-0.3% 23-25
ROE
19.3%
- 23-25
ROA
1.1%
- 23-25
Interest coverage
6.06
- 23-25
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€106k
Net profit€20k
Cash flow€76k
Staff costs€632k
Income taxes€1k
Dividends-
Total assets€1.72M
Equity€102k
Debt€1.62M
of which ≤ 1y€1.27M
of which > 1y€342k
Working capital€7k
Employees (FTE)11.2
Ratios (computed)
2025
Current ratio1.01
Quick ratio0.67
Working capital ratio0.4%
Solvency5.9%
Debt / equity15.86
Long-term debt ratio3.35
Interest coverage6.06
Gross margin-
Net margin-
ROA1.1%
ROE19.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.72M
Fixed assets 21/28€437k
Tangible fixed assets 22/27€434k
Financial fixed assets 28€3k
Current assets 29/58€1.28M
Stocks & contracts in progress 3€432k
Amounts receivable within one year 40/41€804k
Cash & bank 54/58€43k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.72M
Equity 10/15€102k
Contributions / capital 10/11€6k
Reserves 13€174k
Accumulated profits (losses) 14€-79k
Amounts payable 17/49€1.62M
Amounts payable after one year 17€342k
Amounts payable within one year 42/48€1.27M
Trade debts payable within one year 44€1.19M
Income statement
Gross operating margin 9900€755k
Operating result 9901€50k
Financial income 75€1k
Financial charges 65€18k
Result before taxes 9903€21k
Income taxes 67/77€1k
Net result for the period 9904€20k
Result to be appropriated 9905€20k

Signals

1 signal
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
No strikeouts found in the KBO publications · how complete this is
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Filing history by fiscal year and how the deadline is computed
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 15-07-2026 16 d early 2026-00307389
31-12-2024 31-07-2025 14-07-2025 17 d early 2025-00272581
31-12-2023 31-07-2024 10-07-2024 21 d early 2024-00249875
31-12-2022 31-07-2023 12-07-2023 19 d early 2023-00247608
31-12-2021 31-07-2022 14-06-2022 47 d early 2022-20069812
31-12-2020 31-07-2021 22-06-2021 39 d early 2021-23000271
31-12-2019 31-07-2020 01-07-2020 30 d early 2020-24000495
31-12-2018 31-07-2019 21-06-2019 40 d early 2019-25200131
31-12-2017 31-07-2018 21-06-2018 40 d early 2018-21300277
31-12-2016 31-07-2017 12-06-2017 49 d early 2017-16800449

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Directors

4 directors
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • B.D.M.Limited partnership
    Manager· perm. rep.: Birger Deblauwe
    State Gazette act 20055627 (07-05-2020)
    Not recently confirmed
    last confirmed in an act from 2020
  • B.S.MLimited partnership
    Manager· perm. rep.: Balder Six
    State Gazette act 20055627 (07-05-2020)
    Not recently confirmed
    last confirmed in an act from 2020
Former directors (2)
  • Balder Six
    Director
    State Gazette act 20055627 (07-05-2020)
    Former
    - → 22-01-2020
  • Birger Deblauwe
    Director
    State Gazette act 20055627 (07-05-2020)
    Former
    - → 22-01-2020

Structure & network

Ownership & control

2 parties
Control over this companysits on this company's board2
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
BASIX afsluitingenBE 0844.102.710

Locations & real estate

Registered office

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meensesteenweg 3768870 Izegem

Establishment units

1 location
BASIX afsluitingen
Meensesteenweg 376, 8870 IzegemLandscape service activities
since 20122.240.306.159
Parcels1
Ground area3,289 m²
Buildings1
Building footprint804 m²
Volume (LiDAR)5,227 m³
Tallest building8.2 m · ±2 fl.

Real-estate footprint

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D1720/00V002 Flanders 3,289 m² 1 · 804 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Joinery installation43320Wholesale of timber46832Wholesale trade46839