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BAST

Active
Private limited companyfounded 2017active for 9 yearsZwaarveld 41, 9220 Hamme (Vl.), Belgium18 active companies are registered at this addressKBO/BCE: BE 0669.530.028
Summary

BAST has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,169 and a net result of €274,206. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow ReportCompare
BASTActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320General construction of residential buildings NACE 41001
6th largest employer in Hamme, Construction sector1 site
Size
€1.9mtotal assets 2025
Staff
19.3 FTE
Equity
€153,169
Profit
€274,206
Turnover not published (abbreviated format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Holdings
2
  • VRG PROJECTSDirector · permanent representative Guy Verhavert
Accounts 112 days early2 of 5 deeds read
Why 66raises riskEquity €153,169 (7.9% of total assets)Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.84, cash €41,538lowers riskFigures for financial year 2025 (filed 10-04-2026)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 48% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 33+3
equity 7.9% of total assets
Liquidity 15-2
short-term debt 70.5% · cash 2.1%
Profitability 84-16
return on assets 14.1%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.1%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 1.4%▼ -0.6 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▼ -0.2 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 1.1%● unchanged vs 07-2026lowest value 09-2026: 1.1%● unchanged vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.84, compared with 0.76 in 2024, below 1; short-term debt: 70.5% and cash: 2.1% of total assets), and 92.1% of the assets are financed with debt and provisions.
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 43, small): better than 8% on solvency, 7% on liquidity, 80% on profitability and 96% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Equity €153,169 (7.9% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 0.84, cash €41,538
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 10-04-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9799 sector peers (2025).
NBB · sector comparison
Position among 9799 sector peers
Solvency
better than 10%
← weakest strongest →
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 10-04-2026, 112 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
112 days early
2024
140 days early
2023
78 days early
2022
119 days early
2021
2 days early
2020
111 days late
2019
56 days 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 41 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 10 April (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €150,000equity €153,169 ▲94%
  3. Appointment: VRG PROJECTS (class B director)Permanent representative: Guy Verhavert

Key points

  • Positive: Equity rose in 2025from €78,963 to €153,169 ▲ 94.0% View
  • Caution: Among the weakest 11% on solvencysector median 44.0% · 9,799 companies 7.9% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €274,206 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Profit
€274,206
Solvency
7.9%
Go to Financials

Timeline

Events
14
Since
2019
Next accounts
by 31-07-2027
  1. 13-03-2025Annual accounts filed
  2. 31-12-2024Highest result from 2019 to 2025
  3. 14-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
12-01-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Two directors jointly
Annual meeting
Third Thursday of May
Purpose
“Algemene bouwonderneming; Onderneming voor timmer- en schrijnwerk, voor het opstellen van…” (deed in Dutch)
Go to Articles of association

Key facts about BAST

What is the company number of BAST?
0669.530.028. In Belgium the VAT number is the company number with BE in front: BE 0669.530.028.
Where is BAST based?
The registered office is at Zwaarveld 41, 9220 Hamme (Vl.).Company details
What does BAST do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of BAST?
Private limited company (BV).
When was BAST founded?
On 12-01-2017.
Is BAST still active?
Yes, BAST is an active enterprise in the KBO register.
How many employees does BAST have?
On average 19.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BAST?
€6.4m in financial year 2019, according to the filed annual accounts.
Is BAST profitable?
In financial year 2025, BAST made a profit of €274,206.
Where can I find the annual accounts of BAST?
BAST filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAST due?
By 31-07-2027, for financial year 2026.Timeline

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