Debts
€13,226 78% of the balance sheet
Financial debts 76%Suppliers 14%Taxes and wages 9%
Of this, €3,226 falls due within a year.
BASPA
Lifetime
5 annual accounts with figures on one time axispeak €12,918 (2025)
-€1,396▼ €14,313
lowest -€11,348 (2023)
-€5,230▼ €11,713
peak €8,926 (2025)
€3,697▼ 58.6%
€13,226▲ 10.5%
Board1 name since 2021
1 directorBAETEN Francisco Nathan Sarah Denise
Documentsfilings and deeds
19-10-2026104 days before the deadline
2026micro format
Gross margin from €12,918 to -€1,396Loss of €5,230Equity from €8,926 to €3,697Cash from €1,500 to €7,018
Key points
from the 2026 annual accountsFilings
5 annual accounts since 2022
The last five annual accounts were filed 9 to 104 days before the end of the period.
Position in the sector
€3,697
Less equity than 86% of companies in advertising and market research. Sector median €72,087 · 291 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 33% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%highest value
01-2025: 0.9%▼ -0.7 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.7%▼ -0.2 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.8%▲ +0.1 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.5%▼ -0.3 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.5%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.3%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
lowers risk
Liquidity: current ratio 4.18, cash €7,018
Sector: Advertising, market research and public relations activities (NACE 73)
Figures for financial year 2026 (filed on 19-10-2026)
Size: total assets €16,922
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 73, micro). It does better than 28% of them on solvency, 88% on liquidity, 6% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2026.
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, 1,207 companies had the same profile as BASPA has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BASPA itself is lower: 0.3% within 12 months. It rests on far more data about BASPA than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 1,207 companies, not a prediction for BASPA. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 4.18 (2.87 in 2025), above the usual 1.5. Short-term debt is 19.1% and cash 41.5% of total assets. However, 78.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 291 sector peers (2026).
NBB · sector comparisonPosition among 291 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 19-10-2026, 104 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
104 days early
2025
40 days early
2024
43 days early
2023
9 days early
2022
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 48 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 19 December (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today30-06-2027 year end31-01-2028 deadline
Board and ownership
- BAETEN Francisco Nathan Sarah Denise 100 sharesdeed of 06-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777990082
Incorporation
Founding capital of €3,000, 100 shares · Founder: BAETEN Francisco Nathan Sarah Denise · Appointment: BAETEN Francisco Nathan Sarah Denise (director) · published on 06-12-2021 · Gazette deed
First establishment
Alexis Dallièrestraat 14, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BASPA Ghent | €16,922 | -€1,396 | 21.8% | - |
| ME SALUS Sint-Truiden | €17,659 | -€2,778 | -33.1% | - |
| SPA - Smart Project Agency Ixelles | €18,530 | -€1,924 | -56.5% | - |
| Simple Selection Nijlen | €16,101 | -€890 | 36.8% | - |
| AD TECH Dour | €19,396 | -€23,192 | -117.4% | - |
| CDA CONSULTING Forest | €19,159 | -€10,373 | 10.8% | - |
| ThiZo Holding Hoogstraten | €20,146 | €142 | 10.2% | - |
These companies have the same main activity as BASPA: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €16,100 and €20,100, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 02-12-2021Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 2 others
- Establishment unit
- 2.326.965.3659050 Ghent, since 02-12-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 08-12-2025
Annual accounts to 30-06-2026
- €16,922▼ 19.0%
- ≈ 0 FTEestimated
- Filing
- Filed on 19-10-2026, 104 days before the end of the filing period
Insights on BASPA
BASPA files the micro format. That format states no turnover. The gross margin fell from €8,378 in 2022 to -€1,396 in 2026.
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 BASPA
- What is the company number of BASPA?
- The company number of BASPA is 0777.990.082. The VAT number is the same number with BE in front: BE 0777.990.082.
- Where is BASPA based?
- The registered office is at Alexis Dallièrestraat 14, 9050 Ghent.Company details
- What does BASPA do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of BASPA?
- BASPA is a private limited company (BV).
- When was BASPA founded?
- BASPA was founded on 02-12-2021.
- Is BASPA still active?
- Yes, BASPA is an active enterprise in the KBO register.
- What is the turnover of BASPA?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is BASPA profitable?
- In financial year 2026, BASPA made a loss of €5,230.
- Where can I find the annual accounts of BASPA?
- BASPA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of BASPA due?
- BASPA must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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