BASTEC
ActiveSummary
BASTEC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,192 and a net result of €40,692. Its solvency ranks better than 78% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Equity
- €43,192
- Profit
- €40,692
Why 70raises riskSize: total assets €59,212Founded in 2024lowers riskLiquidity: current ratio 2.44, cash €13,911Equity €43,192 (72.9% of total assets)Show the evidence
Checked score
About 8 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 25, micro): better than 77% on solvency, 69% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 27-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: MACHIELS Sebastien Johannes Gaudia…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.8% 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 11,279 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 | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,068 |
| Other operating charges640/8 | €250 |
| Gross operating margin9900 | €53,086 |
| Operating profit (loss)9901 | €50,768 |
| Financial charges65/66B | €83 |
| Recurring financial charges65 | €83 |
| Profit (loss) for the period before taxes9903 | €50,685 |
| Income taxes67/77 | €9,993 |
| Profit (loss) for the period9904 | €40,692 |
| Profit (loss) for the period to be appropriated9905 | €40,692 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €59,212 | |
| Fixed assets21/28 | €20,098 | |
| Tangible fixed assets22/27 | €20,098 | |
| Land and buildings22 | €2,995 | |
| Plant, machinery and equipment23 | €7,008 | |
| Furniture and vehicles24 | €10,095 | |
| Current assets29/58 | €39,115 | |
| Amounts receivable within one year40/41 | €24,737 | |
| Trade receivables40 | €18,867 | |
| Other amounts receivable41 | €5,870 | |
| Cash at bank and in hand54/58 | €13,911 | |
| Deferred charges and accrued income490/1 | €467 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €59,212 | |
| Equity10/15 | €43,192 | |
| Contributions10/11 | €2,500 | |
| Reserves13 | €40,692 | |
| Distributable reserves133 | €40,692 | |
| Amounts payable17/49 | €16,020 | |
| Amounts payable within one year42/48 | €16,020 | |
| Trade debts44 | €5,768 | |
| Suppliers440/4 | €5,768 | |
| Taxes, remuneration and social security45 | €10,253 | |
| Taxes450/3 | €10,253 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €40,692 |
| + Depreciation and write-downs630 | €2,068 |
| Operating cash flow (approximation) | €42,760 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00022838 |
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 |
|---|---|
| MACHIELS Sebastien Johannes Gaudia |
|
Owners and capital
Capital and shareholders
- MACHIELS Sebastien Johannes Gaudia 25 shares (100%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 21-11-2024 Incorporation · €2,500 · 25 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-11
Gazette deed
IncorporationAppointment: MACHIELS Sebastien Johannes Gaudia (director) · Founding capital · Bank account10 facts ▸
- Incorporation, 12-11-2024
- Founding capital, €2,500
- Bank account, “bijzondere rekening, vennootschap in oprichting” (deed in Dutch)
- Other provision, “beschikking over fondsen vanaf heden”, 2500 (deed in Dutch)
- Share issue, “geboekt op beschikbare eigen vermogensrekeningen, Eigen vermogen en inbrengen” (deed in Dutch)
- Registered office clause, “3770 Riemst,Grote Straat 93” (deed in Dutch)
- Board rule, 1
- Director appointment, MACHIELS Sebastien Johannes Gaudia (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten” (deed in Dutch)
- Founder, MACHIELS Sebastien Johannes Gaudia
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73086C0463/00P000 | Flanders | 2,452 m² | 1 · 147 m² | 7.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Installatie en vervaardiging van industriële bekabeling,verlichtingstechnieken,kastenbouw,speciale technieken met…” (deed in Dutch)
24 activities (deed in Dutch)
- Installatie en vervaardiging van industriële bekabeling,verlichtingstechnieken,kastenbouw,speciale technieken met bekabeling,zwakstroominstallaties,seriebouw,machinebekabeling,apparatenbekabeling,scheepsbekabeling,elektrische automatisatie en programmeerbare sturingen,veiligheidsinstallaties,meet- en regeltechnieken,kabelbomen,telefonie installaties en elektromechanische apparatenbouw,alsmede de verkoop van dit materiaal
- Installatie en vervaardigen van metaalconstructies en delen daarvan,alsmede de verkoop van dit materieel
- Installatie en vervaardigen van kunststofconstructies en delen daarvan,alsmede de verkoop van dit materieel
- Boren,draaien,frezen,vonkerosief bewerken,schaven,lappen,tekfrezen,vlakken,zagen,slijpen,lassen,enz.van metalen stukken
- Verspanend bewerken van metaal
- Reparatie van producten van metaal
- Reparatie van machines
- Vervaardigen van eetkamer,zitkamer,slaapkamer en badkamermeubelen
- Vervaardigen van tuin en terrasmeubelen en andere meubelen
- Algemene bouw van niet-residentiële gebouwen
- Bouw van civieltechnische werken voor vloeistoffen
- Slopen
- Elektrotechnische installatiewerken aan gebouwen
- Loodgieterswerk
- Installatie van verwarming,klimaatregeling en ventilatie
- Isolatiewerken
- Overige bouwinstallatie
- Schrijnwerk
- Schilderen van gebouwen
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Dakwerkzaamheden
- Restaureren van bouwwerken
- Onderhoud en tuinaanleg
- Aanleggen van vijvers
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BASTEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 October to 30 September
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of November at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)