BASYL
ActiveSummary
BASYL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €32,612. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability57=
Solvency55▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.01 in 2023; short-term debt: 11.1% and cash: 0.9% of total assets), and 69.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
30.1%
Return on assets
0.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 26-08-2026, 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 · 10 filingsDeviation from the deadline
2025
27 d late
2023
28 d late
2022
21 d late
2021
12 d late
2020
18 d late
2019
60 d late
2018
8 d late
← 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 25 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by total assets in Haaltert, Real estate sector#8 company by equity in Haaltert, Real estate sector
Equity
€1.7m▲ 13.2%
2023 · €1.5m
Total assets
€5.6m▲ 21.1%
2023 · €4.6m
Net result
€32,612▼ 60.9%
2023 · €83,344
Working capital
-€498,717▲ 63.3%
2023 · -€1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20202021202220232025
Operating result€233,116▼ 4.2%€236,339▲ 1.4%€237,035▲ 0.3%€230,364▼ 2.8%€212,826-
Net result€56,426above the sector's middle half▲ 0.4%€47,254above the sector's middle half▼ 16.3%€67,639above the sector's middle half▲ 43.1%€83,344above the sector's middle half▲ 23.2%€32,612within the sector's middle half-
Equity€1.3mabove the sector's middle half▲ 4.6%€1.3mabove the sector's middle half▲ 3.7%€1.4mabove the sector's middle half▲ 5.1%€1.5mabove the sector's middle half▲ 6.0%€1.7mabove the sector's middle half-
Total assets€5.4mabove the sector's middle half▼ 4.6%€5.2mabove the sector's middle half▼ 4.0%€4.8mabove the sector's middle half▼ 6.3%€4.6mabove the sector's middle half▼ 4.8%€5.6mabove the sector's middle half-
Debt€4.1m▼ 7.1%€3.8m▼ 6.4%€3.4m▼ 10.3%€3.1m▼ 9.1%€3.9m-
Working capital-€1.0m-€1.1m▼ 9.9%-€1.2m▼ 9.0%-€1.4m▼ 12.2%-€498,717-
Solvency23.9%within the sector's middle half▲ 2.1pp25.8%within the sector's middle half▲ 1.9pp29.0%within the sector's middle half▲ 3.1pp32.2%within the sector's middle half▲ 3.3pp30.1%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €212,826 in 2025, compared with €230,364 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €5.6m
Fixed assets
€5.5m ▲ 18.8%
Current assets
€119,550 ▲ 1,008%
Equity and liabilities €5.6m
Equity
€1.7m ▲ 13.2%
Provisions
€15,000
Debt
€3.9m ▲ 24.5%
Debt's share of the balance-sheet total rises from 67.8% to 69.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€772,351▲
2023 · €500,042
Cash flow
€592,137▲
2023 · €353,021
Current ratio
0.19▲
2023 · 0.01
Debt to equity
2.31▲
2023 · 2.10
ROE
1.9%▼
2023 · 5.6%
ROA
0.6%▼
2023 · 1.8%
Interest coverage
4.55▲
2023 · 4.27
Debt ≤ 1 year
€618,268▼
2023 · €1.4m
Debt > 1 year
€3.3m▲
2023 · €1.7m
Income taxes
€10,387▼
2023 · €30,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,040 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% 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 497,058 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 6,040 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 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €269,675 | €269,678 | €269,678 | €269,678 | €559,525 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €15,000 | - |
| Other operating charges640/8 | - | - | - | - | €52,607 | - |
| Non-recurring operating charges66A | - | - | - | - | €210,000 | - |
| Gross operating margin9900 | €502,791 | €506,017 | €506,712 | €500,042 | €1.0m | - |
| Operating profit (loss)9901 | €233,116 | €236,339 | €237,035 | €230,364 | €212,826 | - |
| Financial charges65/66B | - | €157,748 | €138,007 | €117,021 | €169,827 | - |
| Recurring financial charges65 | €176,691 | €157,748 | €138,007 | €117,021 | €169,827 | - |
| Profit (loss) for the period before taxes9903 | €56,426 | €78,591 | €99,028 | €113,344 | €42,999 | - |
| Income taxes67/77 | - | €31,337 | €31,389 | €30,000 | €10,387 | - |
| Profit (loss) for the period9904 | €56,426 | €47,254 | €67,639 | €83,344 | €32,612 | - |
| Profit (loss) for the period to be appropriated9905 | €56,426 | €47,254 | €67,639 | €83,344 | €32,612 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.4m | €5.2m | €4.8m | €4.6m | €5.6m | - |
| Fixed assets21/28 | €5.4m | €5.1m | €4.8m | €4.6m | €5.5m | - |
| Tangible fixed assets22/27 | €5.4m | €5.1m | €4.8m | €4.6m | €5.5m | - |
| Land and buildings22 | - | €5.1m | €4.8m | €4.6m | €5.5m | - |
| Current assets29/58 | €12,654 | €68,773 | €12,944 | €10,792 | €119,550 | - |
| Amounts receivable within one year40/41 | - | - | - | - | €12,480 | - |
| Trade receivables40 | - | - | - | - | €3,954 | - |
| Other amounts receivable41 | - | - | - | - | €8,525 | - |
| Cash at bank and in hand54/58 | €12,654 | €68,773 | €12,944 | €10,792 | €52,883 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €54,187 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.4m | €5.2m | €4.8m | €4.6m | €5.6m | - |
| Equity10/15 | €1.3m | €1.3m | €1.4m | €1.5m | €1.7m | - |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.4m | - |
| Capital10 | - | €1.3m | €1.3m | €1.3m | - | - |
| Issued capital100 | - | €1.3m | €1.3m | €1.3m | - | - |
| Reserves13 | €13,057 | €15,419 | €18,801 | €22,968 | €26,190 | - |
| Non-distributable reserves130/1 | - | €15,419 | €18,801 | €22,968 | - | - |
| Legal reserve130 | - | €15,419 | €18,801 | €22,968 | - | - |
| Distributable reserves133 | - | - | - | - | €26,190 | - |
| Profit (loss) carried forward14 | €20,101 | €64,992 | €129,249 | €208,426 | €300,516 | - |
| Provisions and deferred taxes16 | - | - | - | - | €15,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €15,000 | - |
| Major repairs and maintenance162 | - | - | - | - | €15,000 | - |
| Amounts payable17/49 | €4.1m | €3.8m | €3.4m | €3.1m | €3.9m | - |
| Amounts payable after more than one year17 | €3.1m | €2.6m | €2.2m | €1.7m | €3.3m | - |
| Financial debts170/4 | - | €2.6m | €2.2m | €1.7m | €1.2m | - |
| Other amounts payable178/9 | - | - | - | - | €2.1m | - |
| Amounts payable within one year42/48 | €1.0m | €1.2m | €1.2m | €1.4m | €618,268 | - |
| Current portion of amounts payable after more than one year42 | - | €416,809 | €437,303 | €458,856 | €495,519 | - |
| Trade debts44 | - | - | - | - | €55,518 | - |
| Suppliers440/4 | - | - | - | - | €55,518 | - |
| Taxes, remuneration and social security45 | - | €31,337 | €30,000 | €60,000 | €8,795 | - |
| Taxes450/3 | - | €31,337 | €30,000 | €60,000 | €8,795 | - |
| Other amounts payable47/48 | - | €729,835 | €754,835 | €849,103 | €58,435 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,426 | €47,254 | €67,639 | €83,344 | €32,612 | - |
| + Depreciation and write-downs630 | €269,675 | €269,678 | €269,678 | €269,678 | €559,525 | - |
| Operating cash flow (approximation) | €326,100 | €316,932 | €337,317 | €353,021 | €592,137 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€42,139 | - | - |
| Change in cash | - | €56,119 | -€55,829 | -€2,152 | - | - |
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
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
12-02
State Gazette act
Capital & shares · RestructuringMerger · Dissolution · Share issue13 facts ▸
State Gazette act
Capital & shares · Restructuring
Merger · Dissolution · Share issue13 facts ▸
- General meeting, 23-12-2025
- Merger, 23-12-2025
- Dissolution, 23-12-2025
- Share issue, 1228, fusie door overname
- Share transfer, Luc Roelandt → BARRO
- Share transfer, Lieve Verhoonove → BARRO
- Real estate, Woonhuis en grond te 9450 Haaltert, Wijngaardstraat 50 (Sectie B 1113/02L P0000 en 1116P P0000)
- Real estate, Privative delen in residentie Bruulpark te 9450 Haaltert (Sectie B 0125L P0151): staanplaats S6, garagebox G3, appartement 0.2, appartement 1.3
- Real estate, Perceel grond met gebouwen te 9450 Haaltert, Wijngaardweg (Sectie B 1117B2 P0000)
- Name change, BASYL
- Capital
- Power of attorney, Johan Ivan VACQUIER
- +1 further facts in this act
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €83,344 ▲23.2%
Net result €83,344, the highest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Haaltert · 1 establishment unit since 2007
Ground area
1,282 m²
Building footprint
225 m²
Volume, LiDAR
958 m³
Parcel 41024B1115/00K000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BARRO
since 20072.164.596.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024B1115/00K000 | Flanders | 1,282 m² | 1 · 225 m² | 6.4 m · 1 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
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
2 transactionsCapital and shareholders
Capital over the years
- 12-02-2026 Capital stated in the act · 13,728 shares
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Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 3,790 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
Founded27-08-2007
Fiscal year end30-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891642014
Also
9925:BE0891642014
Registered
27-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.