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 €1.2m and a net result of €486,338. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 636 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 €100,000 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.
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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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by equity in the province of Liège, Other professional activities sector#9 company by total assets in Fléron, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€486,338▲ 4.5%
2024 · €465,341
Working capital
€1.0m▲ 8.6%
2024 · €940,321
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€339,432▼ 57.7%€234,207▼ 31.0%€288,095▲ 23.0%€609,329▲ 112%€621,068▲ 1.9%
Net result€233,071▼ 54.6%€159,731▼ 31.5%€238,249▲ 49.2%€465,341▲ 95.3%€486,338▲ 4.5%
Equity€753,091▲ 44.8%€912,822▲ 21.2%€924,331▲ 1.3%€1.3m▲ 39.5%€1.2m▼ 8.8%
Total assets€1.9m▼ 8.5%€2.0m▲ 4.1%€1.7m▼ 16.4%€1.9m▲ 16.0%€2.0m▲ 3.2%
Debt€1.1m▼ 26.3%€1.1m▼ 7.1%€727,691▼ 31.6%€626,807▼ 13.9%€800,938▲ 27.8%
Working capital€513,459▲ 44.0%€595,350▲ 15.9%€514,949▼ 13.5%€940,321▲ 82.6%€1.0m▲ 8.6%
Staff (FTE)1.7▲ 6.3%1.8▲ 5.9%1.8=1.8=1.8=
Why a figure moved sharply
- 2024 Net result +95% on 2023. Cause not known from the registers.
- 2021 Net result -55% on 2020. Cause not known from the registers.
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 €2.0m
Fixed assets
€154,856 ▼ 55.7%
Current assets
€1.8m ▲ 16.3%
Equity and liabilities €2.0m
Equity
€1.2m ▼ 8.8%
Debt
€800,938 ▲ 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
€825,660▲
2024 · €811,044
Cash flow
€690,930▲
2024 · €667,056
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
€800,938▲
2024 · €626,807
Income taxes
€161,558▲
2024 · €153,639
Staff costs
€148,102▲
2024 · €135,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €136,028 | €120,782 | €119,407 | €135,086 | €148,102 | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €210,937 | €203,465 | €203,488 | €201,715 | €204,593 | ▲ 1.4% |
| Other operating charges640/8 | €2,176 | €2,884 | €2,984 | €7,542 | €1,847 | ▼ 75.5% |
| Non-recurring operating charges66A | - | - | €78 | - | - | - |
| Gross operating margin9900 | €688,572 | €561,338 | €614,052 | €953,671 | €975,609 | ▲ 2.3% |
| Operating profit (loss)9901 | €339,432 | €234,207 | €288,095 | €609,329 | €621,068 | ▲ 1.9% |
| Financial income75/76B | €9,236 | €11,799 | €22,924 | €11,424 | €30,407 | ▲ 166% |
| Recurring financial income75 | €9,236 | €11,799 | €22,924 | €11,424 | €30,407 | ▲ 166% |
| Financial charges65/66B | €6,529 | €4,868 | €3,425 | €1,773 | €3,578 | ▲ 102% |
| Recurring financial charges65 | €6,529 | €4,868 | €3,425 | €1,773 | €3,578 | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €342,139 | €241,138 | €307,594 | €618,980 | €647,896 | ▲ 4.7% |
| Income taxes67/77 | €109,069 | €81,407 | €69,346 | €153,639 | €161,558 | ▲ 5.2% |
| Profit (loss) for the period9904 | €233,071 | €159,731 | €238,249 | €465,341 | €486,338 | ▲ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €233,071 | €159,731 | €238,249 | €465,341 | €486,338 | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.0m | €1.7m | €1.9m | €2.0m | ▲ 3.2% |
| Fixed assets21/28 | €944,268 | €741,393 | €551,066 | €349,351 | €154,856 | ▼ 55.7% |
| Intangible fixed assets21 | €933,333 | €733,333 | €533,333 | €333,333 | €133,053 | ▼ 60.1% |
| Tangible fixed assets22/27 | €10,675 | €7,800 | €17,472 | €15,758 | €21,543 | ▲ 36.7% |
| Plant, machinery and equipment23 | - | - | - | - | €5,014 | - |
| Furniture and vehicles24 | €6,672 | €4,221 | €14,317 | €13,027 | €14,223 | ▲ 9.2% |
| Other tangible fixed assets26 | €4,003 | €3,579 | €3,155 | €2,731 | €2,307 | ▼ 15.5% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €954,106 | €1.2m | €1.1m | €1.6m | €1.8m | ▲ 16.3% |
| Amounts receivable after more than one year29 | - | €208,000 | €208,000 | - | - | - |
| Other amounts receivable291 | - | €208,000 | €208,000 | - | - | - |
| Amounts receivable within one year40/41 | €392,011 | €270,863 | €220,424 | €542,019 | €545,671 | ▲ 0.7% |
| Trade receivables40 | €269,260 | €182,084 | €100,272 | €228,580 | €220,306 | ▼ 3.6% |
| Other amounts receivable41 | €122,751 | €88,780 | €120,152 | €313,438 | €325,366 | ▲ 3.8% |
| Current investments50/53 | €399,555 | €399,747 | €399,747 | €599,747 | €599,747 | = |
| Cash at bank and in hand54/58 | €159,957 | €99,936 | €270,376 | €422,993 | €670,687 | ▲ 58.6% |
| Deferred charges and accrued income490/1 | €2,583 | €256,682 | €2,408 | €2,369 | €5,986 | ▲ 153% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.0m | €1.7m | €1.9m | €2.0m | ▲ 3.2% |
| Equity10/15 | €753,091 | €912,822 | €924,331 | €1.3m | €1.2m | ▼ 8.8% |
| Contributions10/11 | €6,200 | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €746,000 | €905,731 | €905,731 | €905,731 | €905,731 | = |
| Distributable reserves133 | €746,000 | €905,731 | €905,731 | €905,731 | €905,731 | = |
| Profit (loss) carried forward14 | €891 | €891 | - | €365,341 | €251,679 | ▼ 31.1% |
| Amounts payable17/49 | €1.1m | €1.1m | €727,691 | €626,807 | €800,938 | ▲ 27.8% |
| Amounts payable after more than one year17 | €704,636 | €423,921 | €141,683 | - | - | - |
| Financial debts170/4 | €704,636 | €423,921 | €141,683 | - | - | - |
| Amounts payable within one year42/48 | €440,647 | €639,879 | €586,008 | €626,807 | €800,938 | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | €279,270 | €280,716 | €282,237 | €141,683 | - | - |
| Financial debts43 | - | - | - | €1,991 | - | - |
| Other loans439 | - | - | - | €1,991 | - | - |
| Trade debts44 | €15,829 | €267,960 | €16,332 | €34,735 | €39,645 | ▲ 14.1% |
| Suppliers440/4 | €15,829 | €267,960 | €16,332 | €34,735 | €39,645 | ▲ 14.1% |
| Advances received on contracts in progress46 | - | €1,055 | - | - | - | - |
| Taxes, remuneration and social security45 | €145,548 | €90,148 | €48,298 | €109,258 | €161,292 | ▲ 47.6% |
| Taxes450/3 | €119,463 | €63,517 | €27,850 | €97,425 | €135,305 | ▲ 38.9% |
| Remuneration and social security454/9 | €26,085 | €26,631 | €20,449 | €11,833 | €25,987 | ▲ 120% |
| Other amounts payable47/48 | - | - | €239,140 | €339,140 | €600,000 | ▲ 76.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €233,071 | €159,731 | €238,249 | €465,341 | €486,338 | ▲ 4.5% |
| + Depreciation and write-downs630 | €210,937 | €203,465 | €203,488 | €201,715 | €204,593 | ▲ 1.4% |
| Operating cash flow (approximation) | €444,007 | €363,196 | €441,737 | €667,056 | €690,930 | ▲ 3.6% |
| Investment in fixed assets (approximation) | - | -€590 | -€13,161 | €0 | -€10,097 | - |
| Change in cash | - | -€60,021 | €170,440 | €152,616 | €247,694 | ▲ 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 €1.3m ▲39.5%
5 profitable years in a row build equity to €1.3m.
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 €159,731 ▼31.5%
Net result drops to €159,731, 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 4,561 companies in sector 74999 we hold annual accounts for 1,935. 795 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0733645345
Also
9925:BE0733645345
Registered
24-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.