BASTIAANSEN
ActiveBASTIAANSEN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €-1k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 26048 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+67
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 7.42 against 7.27 in 2023; short-term debt: 5.7% and cash: 23.2% of total assets), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.3%
Return on assets
-0.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
12 d early
2022
6 d early
2021
5 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▼ 0.9%
2023 · €145k
2018: €148k
2019: €122k
2020: €171k
2021: €187k
2022: €170k
2023: €145k
2018 → 2024
Total assets
€152k▼ 0.5%
2023 · €153k
2018: €183k
2019: €175k
2020: €189k
2021: €204k
2022: €176k
2023: €153k
2018 → 2024
Net result
€-1k▲ 94.5%
2023 · €-25k
2018: €-32k
2019: €-26k
2020: €48k
2021: €17k
2022: €-17k
2023: €-25k
2018 → 2024
Working capital
€56k▲ 9.9%
2023 · €51k
2018: €43k
2019: €24k
2020: €78k
2021: €94k
2022: €70k
2023: €51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€187k▲ 9.8%€170k▼ 9.3%€145k▼ 14.5%€144k▼ 0.9%
Operating result€47k-€17k▼ 62.9%€-18k€-25k▼ 40.7%€-2k▲ 93.6%
Net result€48k-€17k▼ 65.4%€-17k€-25k▼ 40.6%€-1k▲ 94.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €25k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152k
Fixed assets
€88k▼ 6.7%
Current assets
€64k▲ 9.6%
Equity and liabilities €152k
Equity
€144k▼ 0.9%
Debt
€9k▲ 7.4%
The debt ratio rises from 5.3% to 5.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €-18k
Cash flow
€5k▲
2023 · €-17k
Solvency
94.3%▼
2023 · 94.7%
Current ratio
7.42▲
2023 · 7.27
Quick ratio
5.30▲
2023 · 5.18
Debt / equity
0.06▲
2023 · 0.06
ROE
-0.9%▲
2023 · -16.9%
ROA
-0.9%▲
2023 · -16.1%
Interest coverage
5.88▲
2023 · -19.26
Debt
€9k▲
2023 · €8k
Debt ≤ 1 year
€9k▲
2023 · €8k
Income taxes
€137▼
2023 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€153k€152k▼
Fixed assets21/28€95k€88k▼
Tangible fixed assets22/27€95k€88k▼
Land and buildings22€90k€86k▼
Plant, machinery and equipment23€2k€553▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€59k€64k▲
Stocks and contracts in progress3€17k€18k▲
Stocks30/36€17k€18k▲
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€786€2k▲
Current investments50/53€20k€0▼
Cash at bank and in hand54/58€10k€35k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€153k€152k▼
Equity10/15€145k€144k▼
Contributions10/11€25k€25k=
Reserves13€170k€170k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€4k€4k=
Distributable reserves133€165k€165k=
Profit (loss) carried forward14€-49k€-51k▼
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€68€31▼
Other amounts payable47/48€50€50=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€-12k€11k▲
Operating profit (loss)9901€-25k€-2k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€932€807▼
Recurring financial charges65€932€807▼
Profit (loss) for the period before taxes9903€-24k€-1k▲
Income taxes67/77€140€137▼
Profit (loss) for the period9904€-25k€-1k▲
Profit (loss) for the period to be appropriated9905€-25k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-51k▼
Profit (loss) brought forward from the previous period14P€-25k€-49k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 5.93
Current ratio from 1.55 to 5.93; short-term debt falls from €45k to €16k.
31-12
Financial
Equity above €150kEq €171k ▲39.7%
Equity rises from €122k to €171k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Merelbeke-Melle · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Poelstraat 2309820 Merelbeke-MelleGround area
1,710 m²
Building footprint
389 m²
Volume, LiDAR
2,482 m³
Parcel 44010A0205/00T000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Poelstraat 230, 9820 Merelbeke-Melle
since 19932.061.507.742
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44010A0205/00T000 | Flanders | 1,709 m² | 1 · 389 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MECANIQUE ET MOTOCULTURE
BE 0475.809.843
Gembloux · Eq €144k
BATI-BA
BE 0473.580.229
Brussel · Eq €144k
MR COMPANY INVEST
BE 0784.729.802
Sint-Lambrechts-Woluwe · Eq €144k
QUALIMANDJARO
BE 0455.094.801
Hamme (Vl.) · Eq €143k
ELITE TOLGA
BE 0760.662.023
Charleroi · Eq €143k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-1993
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
45433
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.