BASTEX
ActiveSummary
BASTEX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.18M and a net result of €486k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 634 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+1
Solvency84▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.5 in 2024; short-term debt: 40.5% and cash: 33.9% of total assets), and 40.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.5%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
1 d early
2023
30 d late
2022
31 d late
2021
33 d late
2020
108 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€486k▲ 4.5%
2024 · €465k
2020: €514khighest in 6 years
2021: €233k▼ -54.6% vs 2020
2022: €160k▼ -31.5% vs 2021lowest in 6 years
2023: €238k▲ +49.2% vs 2022
2024: €465k▲ +95.3% vs 2023
2025: €486k▲ +4.5% vs 2024
2020 → 2025
Working capital
€1.02M▲ 8.6%
2024 · €940k
2020: €357klowest in 6 years
2021: €513k▲ +44.0% vs 2020
2022: €595k▲ +15.9% vs 2021
2023: €515k▼ -13.5% vs 2022
2024: €940k▲ +82.6% vs 2023
2025: €1.02M▲ +8.6% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€753k-€913k▲ 21.2%€924k▲ 1.3%€1.29M▲ 39.5%€1.18M▼ 8.8%
2021: €753klowest in 5 years
2022: €913k▲ +21.2% vs 2021
2023: €924k▲ +1.3% vs 2022
2024: €1.29M▲ +39.5% vs 2023highest in 5 years
2025: €1.18M▼ -8.8% vs 2024
Operating result€339k-€234k▼ 31.0%€288k▲ 23.0%€609k▲ 112%€621k▲ 1.9%
2021: €339k
2022: €234k▼ -31.0% vs 2021lowest in 5 years
2023: €288k▲ +23.0% vs 2022
2024: €609k▲ +112% vs 2023
2025: €621k▲ +1.9% vs 2024highest in 5 years
Net result€233k-€160k▼ 31.5%€238k▲ 49.2%€465k▲ 95.3%€486k▲ 4.5%
2021: €233k
2022: €160k▼ -31.5% vs 2021lowest in 5 years
2023: €238k▲ +49.2% vs 2022
2024: €465k▲ +95.3% vs 2023
2025: €486k▲ +4.5% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€155k ▼ 55.7%
Current assets
€1.82M ▲ 16.3%
Equity and liabilities €1.98M
Equity
€1.18M ▼ 8.8%
Debt
€801k ▲ 27.8%
Debt's share of the balance-sheet total rises from 32.7% to 40.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€826k▲
2024 · €811k
Cash flow
€691k▲
2024 · €667k
Current ratio
2.27▼
2024 · 2.50
Debt to equity
0.68▲
2024 · 0.49
ROE
41.4%▲
2024 · 36.1%
ROA
24.6%▲
2024 · 24.3%
Interest coverage
230.75▼
2024 · 457.43
Debt ≤ 1 year
€801k▲
2024 · €627k
Income taxes
€162k▲
2024 · €154k
Staff costs
€148k▲
2024 · €135k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.92M€1.98M▲
Fixed assets21/28€349k€155k▼
Intangible fixed assets21€333k€133k▼
Tangible fixed assets22/27€16k€22k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24€13k€14k▲
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€260€260=
Current assets29/58€1.57M€1.82M▲
Amounts receivable within one year40/41€542k€546k▲
Trade receivables40€229k€220k▼
Other amounts receivable41€313k€325k▲
Current investments50/53€600k€600k=
Cash at bank and in hand54/58€423k€671k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.92M€1.98M▲
Equity10/15€1.29M€1.18M▼
Contributions10/11€19k€19k=
Reserves13€906k€906k=
Distributable reserves133€906k€906k=
Profit (loss) carried forward14€365k€252k▼
Amounts payable17/49€627k€801k▲
Amounts payable within one year42/48€627k€801k▲
Current portion of amounts payable after more than one year42€142k-
Financial debts43€2k-
Other loans439€2k-
Trade debts44€35k€40k▲
Suppliers440/4€35k€40k▲
Taxes, remuneration and social security45€109k€161k▲
Taxes450/3€97k€135k▲
Remuneration and social security454/9€12k€26k▲
Other amounts payable47/48€339k€600k▲
Income statement
Code20242025
Remuneration, social security and pensions62€135k€148k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€202k€205k▲
Other operating charges640/8€8k€2k▼
Gross operating margin9900€954k€976k▲
Operating profit (loss)9901€609k€621k▲
Financial income75/76B€11k€30k▲
Recurring financial income75€11k€30k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€619k€648k▲
Income taxes67/77€154k€162k▲
Profit (loss) for the period9904€465k€486k▲
Profit (loss) for the period to be appropriated9905€465k€486k▲
Appropriation of the result
Profit (loss) to be appropriated9906€465k€852k▲
Profit (loss) brought forward from the previous period14P-€365k
Profit to be distributed694/7€100k€600k▲
Return on contributions (dividend)694€100k€600k▲
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €136k | €121k | €119k | €135k | €148k | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211k | €203k | €203k | €202k | €205k | ▲ 1.4% |
| Other operating charges640/8 | €2k | €3k | €3k | €8k | €2k | ▼ 75.5% |
| Non-recurring operating charges66A | - | - | €78 | - | - | - |
| Gross operating margin9900 | €689k | €561k | €614k | €954k | €976k | ▲ 2.3% |
| Operating profit (loss)9901 | €339k | €234k | €288k | €609k | €621k | ▲ 1.9% |
| Financial income75/76B | €9k | €12k | €23k | €11k | €30k | ▲ 166% |
| Recurring financial income75 | €9k | €12k | €23k | €11k | €30k | ▲ 166% |
| Financial charges65/66B | €7k | €5k | €3k | €2k | €4k | ▲ 102% |
| Recurring financial charges65 | €7k | €5k | €3k | €2k | €4k | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €342k | €241k | €308k | €619k | €648k | ▲ 4.7% |
| Income taxes67/77 | €109k | €81k | €69k | €154k | €162k | ▲ 5.2% |
| Profit (loss) for the period9904 | €233k | €160k | €238k | €465k | €486k | ▲ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €233k | €160k | €238k | €465k | €486k | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.90M | €1.98M | €1.65M | €1.92M | €1.98M | ▲ 3.2% |
| Fixed assets21/28 | €944k | €741k | €551k | €349k | €155k | ▼ 55.7% |
| Intangible fixed assets21 | €933k | €733k | €533k | €333k | €133k | ▼ 60.1% |
| Tangible fixed assets22/27 | €11k | €8k | €17k | €16k | €22k | ▲ 36.7% |
| Plant, machinery and equipment23 | - | - | - | - | €5k | - |
| Furniture and vehicles24 | €7k | €4k | €14k | €13k | €14k | ▲ 9.2% |
| Other tangible fixed assets26 | €4k | €4k | €3k | €3k | €2k | ▼ 15.5% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €954k | €1.24M | €1.10M | €1.57M | €1.82M | ▲ 16.3% |
| Amounts receivable after more than one year29 | - | €208k | €208k | - | - | - |
| Other amounts receivable291 | - | €208k | €208k | - | - | - |
| Amounts receivable within one year40/41 | €392k | €271k | €220k | €542k | €546k | ▲ 0.7% |
| Trade receivables40 | €269k | €182k | €100k | €229k | €220k | ▼ 3.6% |
| Other amounts receivable41 | €123k | €89k | €120k | €313k | €325k | ▲ 3.8% |
| Current investments50/53 | €400k | €400k | €400k | €600k | €600k | = |
| Cash at bank and in hand54/58 | €160k | €100k | €270k | €423k | €671k | ▲ 58.6% |
| Deferred charges and accrued income490/1 | €3k | €257k | €2k | €2k | €6k | ▲ 153% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.90M | €1.98M | €1.65M | €1.92M | €1.98M | ▲ 3.2% |
| Equity10/15 | €753k | €913k | €924k | €1.29M | €1.18M | ▼ 8.8% |
| Contributions10/11 | €6k | €6k | €19k | €19k | €19k | = |
| Reserves13 | €746k | €906k | €906k | €906k | €906k | = |
| Distributable reserves133 | €746k | €906k | €906k | €906k | €906k | = |
| Profit (loss) carried forward14 | €891 | €891 | - | €365k | €252k | ▼ 31.1% |
| Amounts payable17/49 | €1.15M | €1.06M | €728k | €627k | €801k | ▲ 27.8% |
| Amounts payable after more than one year17 | €705k | €424k | €142k | - | - | - |
| Financial debts170/4 | €705k | €424k | €142k | - | - | - |
| Amounts payable within one year42/48 | €441k | €640k | €586k | €627k | €801k | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | €279k | €281k | €282k | €142k | - | - |
| Financial debts43 | - | - | - | €2k | - | - |
| Other loans439 | - | - | - | €2k | - | - |
| Trade debts44 | €16k | €268k | €16k | €35k | €40k | ▲ 14.1% |
| Suppliers440/4 | €16k | €268k | €16k | €35k | €40k | ▲ 14.1% |
| Advances received on contracts in progress46 | - | €1k | - | - | - | - |
| Taxes, remuneration and social security45 | €146k | €90k | €48k | €109k | €161k | ▲ 47.6% |
| Taxes450/3 | €119k | €64k | €28k | €97k | €135k | ▲ 38.9% |
| Remuneration and social security454/9 | €26k | €27k | €20k | €12k | €26k | ▲ 120% |
| Other amounts payable47/48 | - | - | €239k | €339k | €600k | ▲ 76.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €233k | €160k | €238k | €465k | €486k | ▲ 4.5% |
| + Depreciation and write-downs630 | €211k | €203k | €203k | €202k | €205k | ▲ 1.4% |
| Operating cash flow (approximation) | €444k | €363k | €442k | €667k | €691k | ▲ 3.6% |
| Investment in fixed assets (approximation) | - | €-590 | €-13k | €0 | €-10k | - |
| Change in cash | - | €-60k | €170k | €153k | €248k | ▲ 62.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.29M ▲39.5%
5 profitable years in a row build equity to €1.29M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €160k ▼31.5%
Net result drops to €160k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 33 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fléron · 1 establishment unit since 2019
Ground area
1,558 m²
Building footprint
158 m²
Volume, LiDAR
1,101 m³
Parcel 62068B0205/00M000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BASTEX
since 20192.292.829.877
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62068B0205/00M000 | Wallonia | 1,558 m² | 1 · 158 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 793 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
86210General medical practice
Contact
E-mail
marc.bastings@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.