BASRO
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
BASRO has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €8,386. Equity is shrinking by about 54% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 89% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 25-11-2013 Normal situation
- Legal form
- Private limited company
- Registered office
- Prijstraat 55, 2460 Kasterlee
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.224.930.669 2460 Kasterlee, since 25-11-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 28-02-2023
Who decides
- Davy MatthéDirector
- VERVOORT IlseDirector
- Holdings
- Shares in 3 companies including BALMERCO and Urban Home Estates
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €81,947
- ▼ 48.6%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €8,386
- ▼ 97.3%
- Equity
- €2.7m
- ▲ 0.3%
- Total assets
- €3.0m
- ▼ 1.7%
Why 94raises riskLiquidity: current ratio 15.84, cash €91,217, halvedlowers riskSize: total assets €3.0mFigures for financial year 2025 (filed 21-03-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, small): better than 85% on solvency, 68% on liquidity, 16% on profitability and 34% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 42 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-09-2025
- Filed on
- 19-03-2026
- Format
- micro format
- Reference
- 2026-00058250
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €21,049 after €78,032 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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).
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96.0% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,049 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €0.008m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €0.03m | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0.08m | €0.03m | ▼ 55.8% |
| Other operating charges640/8 | €0.003m | €0.003m | €0.007m | ▲ 117% |
| Non-recurring operating charges66A | - | - | €0.06m | - |
| Gross operating margin9900 | €0.1m | €0.2m | €0.08m | ▼ 48.6% |
| Operating profit (loss)9901 | €0.1m | €0.08m | -€0.02m | - |
| Financial income75/76B | €3.2m | €0.3m | €0.07m | ▼ 80.0% |
| Recurring financial income75 | €3.2m | €0.3m | €0.07m | ▼ 80.0% |
| Financial charges65/66B | €0.001m | €0.01m | €0.01m | ▲ 8.1% |
| Recurring financial charges65 | €0.001m | €0.01m | €0.01m | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | €3.3m | €0.4m | €0.04m | ▼ 91.1% |
| Income taxes67/77 | €0.03m | €0.1m | €0.03m | ▼ 73.2% |
| Profit (loss) for the period9904 | €3.2m | €0.3m | €0.008m | ▼ 97.3% |
| Profit (loss) for the period to be appropriated9905 | €3.2m | €0.3m | €0.008m | ▼ 97.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5.9m | €3.1m | €3.0m | ▼ 1.7% |
| Fixed assets21/28 | €0.7m | €1.3m | €1.2m | ▼ 9.1% |
| Tangible fixed assets22/27 | €0.007m | €0.5m | €0.4m | ▼ 5.7% |
| Land and buildings22 | - | €0.4m | €0.4m | ▼ 3.9% |
| Furniture and vehicles24 | €0.007m | €0.08m | €0.06m | ▼ 14.5% |
| Financial fixed assets28 | €0.7m | €0.9m | €0.8m | ▼ 10.8% |
| Current assets29/58 | €5.2m | €1.8m | €1.8m | ▲ 4.0% |
| Amounts receivable after more than one year29 | €0.9m | €1.3m | €1.3m | ▼ 1.0% |
| Trade receivables290 | €0.9m | - | - | - |
| Other amounts receivable291 | - | €1.3m | €1.3m | ▼ 1.0% |
| Amounts receivable within one year40/41 | €0.1m | €0.03m | €0.2m | ▲ 729% |
| Trade receivables40 | €0.07m | €0.03m | €0.2m | ▲ 654% |
| Other amounts receivable41 | €0.05m | €0 | €0.02m | - |
| Current investments50/53 | €2.0m | €0 | - | - |
| Cash at bank and in hand54/58 | €2.1m | €0.3m | €0.09m | ▼ 69.9% |
| Deferred charges and accrued income490/1 | €0.02m | €0.08m | €0.2m | ▲ 94.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5.9m | €3.1m | €3.0m | ▼ 1.7% |
| Equity10/15 | €5.7m | €2.7m | €2.7m | ▲ 0.3% |
| Contributions10/11 | €0.001m | €0.001m | €0.001m | = |
| Reserves13 | €2.4m | €2.4m | €2.4m | = |
| Distributable reserves133 | €2.4m | €2.4m | €2.4m | = |
| Profit (loss) carried forward14 | €3.2m | €0.3m | €0.3m | ▲ 2.7% |
| Amounts payable17/49 | €0.2m | €0.4m | €0.3m | ▼ 16.4% |
| Amounts payable after more than one year17 | - | €0.2m | €0.2m | ▼ 15.3% |
| Financial debts170/4 | - | €0.2m | €0.2m | ▼ 15.3% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.1m | ▼ 18.2% |
| Current portion of amounts payable after more than one year42 | - | €0.05m | €0.05m | ▲ 2.5% |
| Financial debts43 | €0.02m | - | - | - |
| Credit institutions430/8 | €0.02m | - | - | - |
| Trade debts44 | €0.005m | €0.007m | €0.003m | ▼ 63.1% |
| Suppliers440/4 | €0.005m | €0.007m | €0.003m | ▼ 63.1% |
| Taxes, remuneration and social security45 | €0.01m | €0.08m | €0.009m | ▼ 89.0% |
| Taxes450/3 | €0.01m | €0.08m | €0.009m | ▼ 89.0% |
| Other amounts payable47/48 | €0.2m | €0 | €0.05m | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.2m | €0.3m | €0.008m | ▼ 97.3% |
| + Depreciation and write-downs630 | €0.002m | €0.08m | €0.03m | ▼ 55.8% |
| Operating cash flow (approximation) | €3.2m | €0.4m | €0.04m | ▼ 88.9% |
| Investment in fixed assets (approximation) | - | -€0.7m | €0.09m | - |
| Change in cash | - | -€1.8m | -€0.2m | ▲ 88.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Davy Matthé |
|
| VERVOORT Ilse |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 21. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, bij gebrek bepaling onbepaalde duur, één of meer bestuurders”“Vergoeding van bestuurders, of mandaat al dan niet ten kosteloze titel”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, Artikel 41”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 42, om welke reden en op welk ogenblik ook”
Articles of association, deed of 31-03-2023
Owners and capital
Capital and shareholders
- MATTHÉ Davy beherende vennoot · 99 shares
- VERVOORT Ilse 1 share
Shares according to the articles of association
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden of overgang wegens overlijden ten bezwarende of kosteloze titel in vruchtgebruik blote eigendom of volle…”“Blijkt uit geschreven stuk, bij gebrek overeenstemming bindende vaststelling onafhankelijk deskundige in gemeen overleg of door bevoegde…”1 more provision on this in the deed
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Uittreding ten laste van vermogen, steeds volledig met al zijn aandelen”Other provision: “Uitsluiting aandeelhouder, wettige reden”Other provision: “Dagelijks bestuur, bestuursorgaan op elk ogenblik”Other provision: “Controle, alleen om wettige reden door algemene vergadering op straffe van schadevergoeding”Other provision: “19:00, maart”Other provision: “Oproepingen, agenda met te behandelen onderwerpen”Other provision: “Ter beschikking stellen van stukken, afschrift stukken krachtens WVV ter beschikking te stellen”Other provision: “Toegang tot algemene vergadering, effectenhouder;voor aandeelhouders ook voor stemrecht”Other provision: “Zittingen-processen-verbaal, speciaal register”Other provision: “Bestuursorgaan tijdens zitting, verdaging van jaarvergadering”Other provision: “Beraadslaging-aanwezigheidsquorum, Artikel 33”Other provision: “Stemrecht, Artikel 34”Other provision: “Buitengewone algemene vergadering, Artikel 36”Other provision: “Schriftelijke besluitvorming, Artikel 37”Other provision: “Afschriften-uittreksels notulen, Artikel 38”Other provision: “Winstverdeling, Artikel 40”Other provision: “Woonstkeuze, zetel”Other provision: “Gerechtelijke bevoegdheid, Artikel 45”Other provision: “Gemeen recht, Artikel 46”Other provision: “Statutair onbeschikbare eigen vermogensrekening, inbrengen oprichters niet geboekt op onbeschikbare rekening niet vatbaar voor uitkering”Other provision: “Voorkeurrecht bijkomende inbrengen in geld met uitgifte nieuwe aandelen, voorkeurrecht eigenaar-pandgever”Other provision: “Op naam met volgnummer, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met rechten”Other provision: “Ondeelbaar; onverdeelde eigenaars vertegenwoordigd door één persoon; zolang niet rechten opgeschort, effecten in onverdeeldheid”Other provision: “Rechten uitgeoefend door regelmatig in bezit getreden of gestelde erfgenamen of legatarissen naar evenredigheid rechten tot verdeling of…”Other provision: “Rechten uitgeoefend door vruchtgebruiker behoudens andersluidende overeenkomst blote eigenaar en vruchtgebruiker of tenzij statuten…”10 more provisions in the deed, see the deed of 31-03-2023
Articles of association, deed of 31-03-2023 (in Dutch)
Group and network
Holdings and subsidiaries
3 holdingsHoldings 3
Source for every holding own accounts 30-09-2025
- BALMERCOsubsidiaryEquity €60,134Result €5,464100%
-
50%
- Equity €1.8mResult -€596,10430%
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
18-08
Gazette deed
Purpose · Amendment of the articlesPurpose change · Power of attorney4 facts ▸
- General meeting, 09-08-2023
- Purpose change
- Amendment of the articles, “Artikel 3” (deed in Dutch)
- Power of attorney, Koen Scheurweghs
31-03
Gazette deed
Appointments: MATTHÉ Davy (director) and VERVOORT Ilse (director)Legal-form conversion · Amendment of the articles · Approval21 facts ▸
- General meeting, 27-03-2023
- Other provision, “agendapunt 1, verslag bestuursorgaan over omzetting met staat van activa en passiva niet meer dan drie maanden voordien vastgesteld en verslag bedrijfsrevisor o…” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch) (2 times)
- Amendment of the articles (2 times)
- Other provision, “agendapunt 5 ontslag beherende vennootschap” (deed in Dutch)
- Other provision, “agendapunt 6 benoeming niet-statutair bestuurders” (deed in Dutch)
- Other provision, “agendapunt 7 adres van de zetel” (deed in Dutch)
- Other provision, “eenparigheid, vaststelling geldigheid algemene vergadering” (deed in Dutch)
- Approval, “eerste besluit goedkeuring verslagen omzetting, bestuursorgaan” (deed in Dutch)
- Other provision, “kennis aansprakelijkheid bij omzetting, vennoten onder commanditaire vennootschap” (deed in Dutch)
- Power of attorney, Adrienne SPAEPEN (2 times)
- Partner, MATTHÉ Davy (general partner)
- +9 further facts in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose according to the articles of association
- PurposeThe activities the company may carry out under its articles.
- “Adviesverlening en management in de meest ruime zin; Uitoefenen van bestuursfuncties of mandaten in vennootschappen, organisaties of…”
16 activities
- Adviesverlening en management in de meest ruime zin;
- Uitoefenen van bestuursfuncties of mandaten in vennootschappen, organisaties of verenigingen;
- Aanleggen, het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen;
- Aankoop, verkoop en ruiling, het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, participaties, obligaties, fondsen en van alle roerende goederen en rechten;
- Productie, opslag en outsourcing in de meest uitgebreide zin;
- Alle activiteiten met betrekking tot ontwerp, verkoop, adviesverlening, coördinatie van werkzaamheden, implementatie van systemen, bedrijfsvoering en dit alles met betrekking tot de productie-, chemische-, voedings-, en recyclage-industrie in de ruimste zin;
- Import, export, groothandel, kleinhandel, verhuring, aan- en verkoop van alle soorten goederen, producten en materialen;
- Geven van cursussen, opleiding, begeleiding en adviesverlening in de meest uitgebreide zin van het woord;
- Maken van alle studies, de organisatie van en het geven van adviezen inzake handels-, financiële, administratieve, technische, bedrijfsorganisatorische of andere aangelegenheden en er het beheer en de controle van doen;
- Voorbereiding, de opstelling en het afsluiten, zowel als mandataris als voor eigen rekening, van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden;
- Verwerven, behouden, beheren, huren en verhuren, onderhouden, renoveren, uitbreiden en vervreemden van onroerende goederen, beheer, dit alles met inbegrip van het afsluiten van contracten van onroerende leasing;
- Aanneming van algemene bouwwerken en de onderneming van onroerende goederen, inclusief het verrichten van activiteiten van bouwpromotor;
- Aankoop, de verkoop, de huur, de invoer en de uitvoer van alle mogelijke materialen, goederen, toestellen en materieel, noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van gebouwen;
- Verwerven van alle mogelijke terreinen, het bouwen van openbare en particuliere gebouwen, de aankoop, de verkoop, de verhuur, de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- Optrekken van individuele woningen, appartementen, kantoorgebouwen of industriële gebouwen, in opdracht en/of volgens de formule sleutel op de deur;
- Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien, zoals de aankoop, de bouw, de verbouwing, de aanpassing, de huur en onderhuur, de ruiling, de verkoop en, in het algemeen, alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BASRO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Articles of association, deed of 31-03-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13038A0697/00C000 | Flanders | 2,160 m² | 1 · 197 m² | 8.6 m · 2 |