BASYC
ActiveSummary
BASYC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €450,518 and a net result of €8,230. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 30% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+7
Solvency56▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.06 in 2024; short-term debt: 36.5% and cash: 0.6% of total assets), and 69% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
31%
Return on assets
0.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 01-10-2025 was due by 01-05-2026 and was filed on 20-12-2025, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
132 d early
2024
142 d early
2023
36 d early
2022
10 d early
2021
38 d early
2020
2 d early
2019
16 d early
← 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 54 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 01-10-2026 and is due by 01-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today01-10-2026 close01-05-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€450,518▲ 1.9%
2024 · €442,289
Total assets
€1.5m▼ 5.2%
2024 · €1.5m
Net result
€8,230
2024 · -€29,400
Working capital
-€509,267▼ 0.1%
2024 · -€508,663
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,245▼ 17.7%€22,457▼ 32.4%€25,378▲ 13.0%€26,398▲ 4.0%€36,790▲ 39.4%
Net result-€2,491below the sector's middle half-€9,155below the sector's middle half▼ 267%-€20,190below the sector's middle half▼ 121%-€29,400below the sector's middle half▼ 45.6%€8,230within the sector's middle half
Equity€501,034above the sector's middle half▼ 0.5%€491,878above the sector's middle half▼ 1.8%€471,688above the sector's middle half▼ 4.1%€442,289above the sector's middle half▼ 6.2%€450,518above the sector's middle half▲ 1.9%
Total assets€1.3mabove the sector's middle half▼ 3.4%€1.2mabove the sector's middle half▼ 5.0%€1.6mabove the sector's middle half▲ 34.1%€1.5mabove the sector's middle half▼ 4.8%€1.5mabove the sector's middle half▼ 5.2%
Debt€740,108▼ 5.3%€687,413▼ 7.1%€1.1m▲ 62.6%€1.1m▼ 4.1%€1.0m▼ 6.3%
Working capital-€250,057▼ 22.8%-€278,644▼ 11.4%-€473,841▼ 70.1%-€508,663▼ 7.3%-€509,267▼ 0.1%
Solvency39.6%within the sector's middle half▲ 1.2pp41.0%within the sector's middle half▲ 1.3pp29.3%within the sector's middle half▼ 11.7pp28.8%within the sector's middle half▼ 0.4pp31.0%within the sector's middle half▲ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.4m ▼ 4.6%
Current assets
€22,442 ▼ 31.6%
Equity and liabilities €1.5m
Equity
€450,518 ▲ 1.9%
Provisions
€0 ▼ 100%
Debt
€1.0m ▼ 6.3%
Debt's share of the balance-sheet total falls from 69.9% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117,056▼
2024 · €122,050
Cash flow
€88,496▲
2024 · €66,252
Current ratio
0.04▼
2024 · 0.06
Debt to equity
2.23▼
2024 · 2.42
ROE
1.8%▲
2024 · -6.6%
ROA
0.6%▲
2024 · -1.9%
Interest coverage
2.72▲
2024 · 2.22
Debt ≤ 1 year
€531,710▼
2024 · €541,450
Debt > 1 year
€454,126▼
2024 · €530,818
Income taxes
€439▼
2024 · €740
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 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% | 1.7% |
| 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 75% 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 14,733 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,602 | €50,397 | €93,711 | €95,652 | €80,267 | ▼ 16.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€1,166 | - | -€2,171 | -€19,658 | ▼ 806% |
| Other operating charges640/8 | - | €1,978 | €4,288 | €2,463 | €2,133 | ▼ 13.4% |
| Gross operating margin9900 | €83,787 | €73,667 | €123,377 | €122,342 | €99,531 | ▼ 18.6% |
| Operating profit (loss)9901 | €33,245 | €22,457 | €25,378 | €26,398 | €36,790 | ▲ 39.4% |
| Financial income75/76B | - | €3,859 | €4,016 | €22 | €14,862 | ▲ 66,967% |
| Recurring financial income75 | €3,859 | €3,859 | €4,016 | €22 | €14,862 | ▲ 66,967% |
| Financial charges65/66B | - | €34,934 | €49,584 | €55,079 | €42,983 | ▼ 22.0% |
| Recurring financial charges65 | €38,576 | €34,934 | €49,584 | €55,079 | €42,983 | ▼ 22.0% |
| Profit (loss) for the period before taxes9903 | -€1,472 | -€8,618 | -€20,190 | -€28,659 | €8,668 | ▲ 130% |
| Income taxes67/77 | €1,019 | €537 | - | €740 | €439 | ▼ 40.8% |
| Profit (loss) for the period9904 | -€2,491 | -€9,155 | -€20,190 | -€29,400 | €8,230 | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | -€2,491 | -€9,155 | -€20,190 | -€29,400 | €8,230 | ▲ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.6m | €1.5m | €1.5m | ▼ 5.2% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.6m | €1.5m | €1.4m | ▼ 4.6% |
| Tangible fixed assets22/27 | €1.0m | €959,998 | €1.4m | €1.3m | €1.2m | ▼ 5.4% |
| Land and buildings22 | - | €154,550 | €153,065 | €151,580 | €150,095 | ▼ 1.0% |
| Plant, machinery and equipment23 | - | - | - | €3,593 | €2,721 | ▼ 24.3% |
| Furniture and vehicles24 | - | - | €32,424 | €23,294 | €14,164 | ▼ 39.2% |
| Other tangible fixed assets26 | - | €805,448 | €1.2m | €1.1m | €1.0m | ▼ 5.3% |
| Financial fixed assets28 | €220,404 | €220,404 | €220,404 | €220,404 | €221,034 | ▲ 0.3% |
| Current assets29/58 | €33,338 | €20,719 | €33,423 | €32,787 | €22,442 | ▼ 31.6% |
| Amounts receivable within one year40/41 | €25,821 | €16,058 | €17,860 | €17,813 | €13,188 | ▼ 26.0% |
| Trade receivables40 | - | €5,078 | €5,078 | - | - | - |
| Other amounts receivable41 | - | €10,980 | €12,782 | €17,813 | €13,188 | ▼ 26.0% |
| Cash at bank and in hand54/58 | €6,246 | €4,661 | €15,563 | €14,974 | €9,254 | ▼ 38.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.6m | €1.5m | €1.5m | ▼ 5.2% |
| Equity10/15 | €501,034 | €491,878 | €471,688 | €442,289 | €450,518 | ▲ 1.9% |
| Contributions10/11 | €355,500 | €355,500 | €355,500 | €355,500 | €355,500 | = |
| Capital10 | - | €355,500 | €355,500 | €355,500 | €355,500 | = |
| Issued capital100 | - | €355,500 | €355,500 | €355,500 | €355,500 | = |
| Reserves13 | €166,032 | €166,032 | €166,032 | €166,032 | €166,032 | = |
| Non-distributable reserves130/1 | - | €35,550 | €35,550 | €35,550 | €35,550 | = |
| Legal reserve130 | - | €35,550 | €35,550 | €35,550 | €35,550 | = |
| Tax-exempt reserves132 | - | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Distributable reserves133 | - | €125,982 | €125,982 | €125,982 | €125,982 | = |
| Profit (loss) carried forward14 | -€20,498 | -€29,653 | -€49,843 | -€79,243 | -€71,013 | ▲ 10.4% |
| Provisions and deferred taxes16 | €22,995 | €21,829 | €21,829 | €19,658 | - | - |
| Provisions for liabilities and charges160/5 | - | €21,829 | €21,829 | €19,658 | - | - |
| Environmental obligations163 | - | €21,829 | €21,829 | €19,658 | - | - |
| Amounts payable17/49 | €740,108 | €687,413 | €1.1m | €1.1m | €1.0m | ▼ 6.3% |
| Amounts payable after more than one year17 | €456,713 | €388,051 | €610,511 | €530,818 | €454,126 | ▼ 14.4% |
| Financial debts170/4 | - | €388,051 | €610,511 | €530,818 | €454,126 | ▼ 14.4% |
| Amounts payable within one year42/48 | €283,395 | €299,363 | €507,264 | €541,450 | €531,710 | ▼ 1.8% |
| Current portion of amounts payable after more than one year42 | - | €74,601 | €78,251 | €75,220 | €66,616 | ▼ 11.4% |
| Trade debts44 | €8,026 | - | €7,620 | €795 | €1,134 | ▲ 42.6% |
| Suppliers440/4 | - | - | €7,620 | €795 | €1,134 | ▲ 42.6% |
| Taxes, remuneration and social security45 | - | €537 | €837 | €2,505 | €433 | ▼ 82.7% |
| Taxes450/3 | - | €537 | €837 | €2,505 | €433 | ▼ 82.7% |
| Other amounts payable47/48 | - | €224,224 | €420,557 | €462,931 | €463,527 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €18,617 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,491 | -€9,155 | -€20,190 | -€29,400 | €8,230 | ▲ 128% |
| + Depreciation and write-downs630 | €49,602 | €50,397 | €93,711 | €95,652 | €80,267 | ▼ 16.1% |
| Operating cash flow (approximation) | €47,111 | €41,242 | €73,521 | €66,252 | €88,496 | ▲ 33.6% |
| Investment in fixed assets (approximation) | - | €0 | -€491,179 | -€19,211 | -€11,367 | ▲ 40.8% |
| Change in cash | - | -€1,585 | €10,902 | -€588 | -€5,720 | ▼ 872% |
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
2025
20-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
01-10
Financial
Back to profitnet €8,230
Net result €8,230 after 4 loss-making years.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
Financial
Back to profitnet €22,175
Net result €22,175 after 2 loss-making years.
01-10
Financial
Equity above €500,000Eq €503,525 ▲12.1%
Equity rises from €449,350 to €503,525.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 120 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2002
Ground area
1,383 m²
Building footprint
711 m²
Volume, LiDAR
6,328 m³
Parcel 21018B0104/00P012, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Veldkapellaan 25, 1200 Sint-Lambrechts-Woluwe
since 20022.231.319.803
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0104/00P012 | Brussels | 1,383 m² | 1 · 711 m² | 12.8 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 01-10-2025 list no shareholders, and no other source names one.
Holdings 1
-
17%
According to the annual accounts to 01-10-2025 of BASYC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 4,165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-08-2002
Fiscal year end01-10
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478225143
Also
9925:BE0478225143
Registered
02-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.