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BAUDECET

Active
Private limited companyfounded 198640 yrs activeChemin de la Haute Baudecet(WSP) 1, 1457 Walhain, BelgiumKBO/BCE: BE 0429.172.243
Summary

BAUDECET has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €977,699 and a net result of €38,913. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72=
Solvency93▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.97 in 2024; short-term debt: 24.7% and cash: 13.8% of total assets), and 32.3% 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.7%
Return on assets
2.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
3 d late
2023
7 d early
2022
on the day
2021
on the day
2020
26 d late
2019
14 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 5 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 May 1986, BAUDECET was incorporated.1 Total assets went from EUR 1.3 million in 2019 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€257,838
EBIT margin
7.2%
Net result
€38,913▲ 4.8%
2024 · €37,123
Working capital
€54,982
2024 · -€15,465
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
Turnover€257,838
Operating result€18,559▼ 66.8%-€1,715€71,087€50,812▼ 28.5%€53,017▲ 4.3%
Net result€16,385▼ 55.6%-€5,469€55,024€37,123▼ 32.5%€38,913▲ 4.8%
EBIT margin7.2%
Equity€852,109▲ 2.0%€846,640▼ 0.6%€901,663▲ 6.5%€938,786▲ 4.1%€977,699▲ 4.1%
Total assets€1.4m▲ 2.9%€1.4m▼ 2.5%€1.4m▲ 2.4%€1.5m▲ 4.8%€1.4m▼ 2.6%
Debt€565,432▲ 4.4%€535,942▼ 5.2%€514,343▼ 4.0%€545,187▲ 6.0%€467,440▼ 14.3%
Working capital-€92,530▼ 1.5%-€93,572▼ 1.1%-€5,402▲ 94.2%-€15,465▼ 186%€54,982
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2021: €18,559€18,559Net result 2021: €16,385€16,385Operating result 2022: -€1,715-€1,715Net result 2022: -€5,469-€5,469Operating result 2023: €71,087€71,087Net result 2023: €55,024€55,024Operating result 2024: €50,812€50,812Net result 2024: €37,123€37,123Operating result 2025: €53,017€53,017Net result 2025: €38,913€38,91320212022202320242025€0€20,000€40,000€60,000€80,000Operating result 2023: €71,087€71,100Net result 2023: €55,024€55,000Operating result 2024: €50,812€50,800Net result 2024: €37,123€37,100Operating result 2025: €53,017€53,000Net result 2025: €38,913€38,900202320242025
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.0m ▼ 1.7%
Current assets €412,205 ▼ 4.8%
Equity and liabilities €1.4m
Equity €977,699 ▲ 4.1%
Debt €467,440 ▼ 14.3%
Debt's share of the balance-sheet total falls from 36.7% to 32.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€98,488▲
2024 · €95,978
Cash flow
€84,383▲
2024 · €82,289
Current ratio
1.15▲
2024 · 0.97
Quick ratio
1.06▲
2024 · 0.87
Debt to equity
0.48▼
2024 · 0.58
ROE
4.0%▲
2024 · 4.0%
ROA
2.7%▲
2024 · 2.5%
Interest coverage
93.92▲
2024 · 73.28
Debt ≤ 1 year
€357,223▼
2024 · €448,352
Debt > 1 year
€22,500▼
2024 · €47,499
Income taxes
€13,538▲
2024 · €12,742
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 14,684 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.4m▼
Fixed assets21/28€1.1m€1.0m▼
Tangible fixed assets22/27€995,277€977,125▼
Land and buildings22€751,611€759,714▲
Plant, machinery and equipment23€196,427€174,636▼
Furniture and vehicles24€47,239€42,775▼
Financial fixed assets28€55,809€55,809=
Current assets29/58€432,887€412,205▼
Stocks and contracts in progress3€42,705€32,169▼
Stocks30/36€42,705€32,169▼
Amounts receivable within one year40/41€205,410€99,975▼
Trade receivables40€191,986€88,375▼
Other amounts receivable41€13,424€11,600▼
Cash at bank and in hand54/58€180,682€199,438▲
Deferred charges and accrued income490/1€4,090€80,623▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.4m▼
Equity10/15€938,786€977,699▲
Contributions10/11€446,208€446,208=
Reserves13€492,578€531,491▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€492,578€531,491▲
Amounts payable17/49€545,187€467,440▼
Amounts payable after more than one year17€47,499€22,500▼
Financial debts170/4€47,499€22,500▼
Amounts payable within one year42/48€448,352€357,223▼
Current portion of amounts payable after more than one year42€30,000€25,000▼
Trade debts44€167,678€108,373▼
Suppliers440/4€167,678€108,373▼
Advances received on contracts in progress46€7,171€5,045▼
Taxes, remuneration and social security45€5,383€2,389▼
Taxes450/3€5,383€2,389▼
Other amounts payable47/48€238,120€216,416▼
Accrued charges and deferred income492/3€49,336€87,717▲
Income statement Code20242025
Non-recurring operating income76A€2,200€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,166€45,471▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9,068€10,031▲
Non-recurring operating charges66A€0-
Gross operating margin9900€105,046€108,519▲
Operating profit (loss)9901€50,812€53,017▲
Financial income75/76B€362€482▲
Recurring financial income75€362€482▲
Financial charges65/66B€1,310€1,049▼
Recurring financial charges65€1,310€1,049▼
Profit (loss) for the period before taxes9903€49,864€52,451▲
Income taxes67/77€12,742€13,538▲
Profit (loss) for the period9904€37,123€38,913▲
Profit (loss) for the period to be appropriated9905€37,123€38,913▲
Appropriation of the result
Profit (loss) to be appropriated9906€37,123€38,913▲
Transfer to equity691/2€37,123€38,913▲
To other reserves6921€37,123€38,913▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€257,838-----
Non-recurring operating income76A-€8,653-€2,200€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,347€45,099€46,405€45,166€45,471▲ 0.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€26,373€0--
Other operating charges640/8-€8,945€8,789€9,068€10,031▲ 10.6%
Non-recurring operating charges66A--€8,000€0--
Gross operating margin9900€68,614€52,329€160,654€105,046€108,519▲ 3.3%
Operating profit (loss)9901€18,559-€1,715€71,087€50,812€53,017▲ 4.3%
Financial income75/76B-€179€605€362€482▲ 33.0%
Recurring financial income75€63€179€605€362€482▲ 33.0%
Financial charges65/66B-€3,860€1,750€1,310€1,049▼ 19.9%
Recurring financial charges65€2,116€3,860€1,750€1,310€1,049▼ 19.9%
Profit (loss) for the period before taxes9903€16,506-€5,395€69,942€49,864€52,451▲ 5.2%
Income taxes67/77€121€74€14,918€12,742€13,538▲ 6.2%
Profit (loss) for the period9904€16,385-€5,469€55,024€37,123€38,913▲ 4.8%
Profit (loss) for the period to be appropriated9905€16,385-€5,469€55,024€37,123€38,913▲ 4.8%
Line20212022202320242025Change
Assets
Total assets20/58€1.4m€1.4m€1.4m€1.5m€1.4m▼ 2.6%
Fixed assets21/28€1.1m€1.1m€1.1m€1.1m€1.0m▼ 1.7%
Tangible fixed assets22/27€1.0m€1.0m€1.0m€995,277€977,125▼ 1.8%
Land and buildings22-€763,737€757,539€751,611€759,714▲ 1.1%
Plant, machinery and equipment23-€199,865€209,896€196,427€174,636▼ 11.1%
Furniture and vehicles24-€56,675€41,208€47,239€42,775▼ 9.5%
Financial fixed assets28€55,070€53,273€45,273€55,809€55,809=
Current assets29/58€339,436€309,031€362,089€432,887€412,205▼ 4.8%
Stocks and contracts in progress3€39,599€48,593€50,242€42,705€32,169▼ 24.7%
Stocks30/36-€48,593€50,242€42,705€32,169▼ 24.7%
Amounts receivable within one year40/41€59,742€101,507€206,714€205,410€99,975▼ 51.3%
Trade receivables40-€61,594€188,121€191,986€88,375▼ 54.0%
Other amounts receivable41-€39,913€18,593€13,424€11,600▼ 13.6%
Cash at bank and in hand54/58€174,596€130,830€100,902€180,682€199,438▲ 10.4%
Deferred charges and accrued income490/1-€28,101€4,231€4,090€80,623▲ 1,871%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m€1.4m€1.5m€1.4m▼ 2.6%
Equity10/15€852,109€846,640€901,663€938,786€977,699▲ 4.1%
Contributions10/11-€446,208€446,208€446,208€446,208=
Reserves13€405,900€400,431€455,455€492,578€531,491▲ 7.9%
Non-distributable reserves130/1-€44,621€44,621€0--
Reserves not available under the articles1311-€44,621€44,621€0--
Distributable reserves133-€355,810€410,834€492,578€531,491▲ 7.9%
Amounts payable17/49€565,432€535,942€514,343€545,187€467,440▼ 14.3%
Amounts payable after more than one year17€108,713€107,500€77,500€47,499€22,500▼ 52.6%
Financial debts170/4-€107,500€77,500€47,499€22,500▼ 52.6%
Amounts payable within one year42/48€431,967€402,603€367,491€448,352€357,223▼ 20.3%
Current portion of amounts payable after more than one year42-€30,000€30,000€30,000€25,000▼ 16.7%
Trade debts44€107,878€96,875€83,163€167,678€108,373▼ 35.4%
Suppliers440/4-€96,875€83,163€167,678€108,373▼ 35.4%
Advances received on contracts in progress46-€2,500€2,500€7,171€5,045▼ 29.6%
Taxes, remuneration and social security45-€413€7,993€5,383€2,389▼ 55.6%
Taxes450/3-€413€7,993€5,383€2,389▼ 55.6%
Other amounts payable47/48-€272,815€243,835€238,120€216,416▼ 9.1%
Accrued charges and deferred income492/3-€25,839€69,352€49,336€87,717▲ 77.8%
Line20212022202320242025Change
Profit (loss) for the period9904€16,385-€5,469€55,024€37,123€38,913▲ 4.8%
+ Depreciation and write-downs630€41,347€45,099€46,405€45,166€45,471▲ 0.7%
Operating cash flow (approximation)€57,732€39,630€101,429€82,289€84,383▲ 2.5%
Investment in fixed assets (approximation)--€40,544-€26,771-€42,335-€27,318▲ 35.5%
Change in cash--€43,766-€29,928€79,780€18,756▼ 76.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
24-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €55,024
Net result €55,024 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Weakest financial yearnet -€5,469
Net result drops to -€5,469, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
14-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
28-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Walhain · 3 establishment units since 1986
seat establishment All 3 establishment units on the map
Ground area
9,144 m²
Building footprint
672 m²
Volume, LiDAR
4,081 m³
3 parcels, Flanders, Wallonia · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Chemin de la Haute Baudecet(WSP) 1, 1457 Walhain
Growing of cereals (except rice), leguminous crops and oil seeds
since 19862.236.317.479
Sloesveldstraat 67, 1560 Hoeilaart
Growing of cereals (except rice), leguminous crops and oil seeds
since 20132.236.317.776
Georges Huynenstraat 26, 1560 Hoeilaart
Growing of cereals (except rice), leguminous crops and oil seeds
since 20142.236.317.875
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
25109C0143/00B000 Wallonia 4,913 m² 1 · 347 m² 11.6 m · 2 fl.
23033C0055/00G017 Flanders 3,475 m² 1 · 233 m² 17.0 m · 2 fl.
23033A0114/00Y000 Flanders 756 m² 1 · 92 m² 5.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Walhain2.236.317.479
3 permissions
Groententeeltbedrijf · since 13-09-2017
Erkenning · Boerderij - aardappelpootgoed met plantenpaspoort · since 04-11-2011
Boerderij - akkerbouw · since 01-01-2006

Similar companies · same sector, comparable size

Of 5,169 companies in sector 01110 we hold annual accounts for 614. 429 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
Founded29-05-1986
Fiscal year end30-06
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01199Crop and animal production, hunting and related service activities
01610Support activities for crop production
02100Forestry and logging
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0429172243
Also 9925:BE0429172243
Registered 18-08-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.