Investments
Green is investment, beige is depreciation.
Trustee: Stephane Guchez. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Green is investment, beige is depreciation.
Ten of the last ten came late. The 2020 accounts came latest: 548 days after the end of the period.
MSG – ENTREPRISE came to this address 233 days after the ruling.
On 7 October 2024 the court declared BAUDECOR bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
317,698 | 327,164 | 206,274 | 132,018 | 2,806 | 13,120 | 34,607 | 9,922 | 30,506 | 14,108 | 35,435 | 33,266 | 45,576 | 60,775 | 70,276 | |
21/28 |
8,424 | 2,984 | 1,875 | - | 30 | 30 | 389 | 2,590 | 4,790 | 1,466 | 3,323 | 6,617 | 12,498 | 8,012 | 15,072 | |
22/27 |
6,073 | 871 | - | - | - | - | 359 | 2,560 | 4,761 | 1,436 | 3,294 | 6,587 | 12,468 | 7,982 | 15,042 | |
23 |
438 | 871 | - | - | - | - | - | - | - | - | - | - | 908 | 1,527 | 2,146 | |
24 |
5,636 | - | - | - | - | - | 359 | 2,560 | 4,761 | 1,436 | 504 | 1,007 | 400 | 6,455 | 12,896 | |
28 |
2,350 | 2,113 | 1,875 | - | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | |
29/58 |
309,274 | 324,181 | 204,399 | 132,018 | 2,776 | 13,090 | 34,218 | 7,333 | 25,715 | 12,642 | 32,111 | 26,649 | 33,078 | 52,763 | 55,204 | |
3 |
- | - | - | - | - | - | 904 | 1,312 | 2,091 | 2,204 | 2,411 | 2,165 | 3,024 | 2,982 | 3,845 | |
30/36 |
- | - | - | - | - | - | 904 | 1,312 | 2,091 | 2,204 | 2,411 | 2,165 | 3,024 | 2,982 | 3,845 | |
40/41 |
298,814 | 323,143 | 201,018 | 132,014 | 171 | 635 | 99 | 4,038 | 16,092 | 9,591 | 15,453 | 21,234 | 16,897 | 48,866 | 38,616 | |
40 |
277,719 | 310,519 | 194,663 | 130,893 | 171 | 388 | 99 | 3,502 | 15,420 | 9,591 | 15,453 | 20,258 | 3,592 | 25,005 | 15,020 | |
41 |
21,094 | 12,624 | 6,355 | 1,121 | - | 247 | - | 535 | 672 | - | - | 976 | 13,305 | 23,861 | 23,596 | |
54/58 |
10,460 | 1,038 | 1,497 | 4 | 2,605 | 11,948 | 32,349 | 1,473 | 6,170 | - | 14,247 | 3,071 | 12,466 | 271 | 11,874 | |
490/1 |
- | - | 1,884 | - | - | 507 | 866 | 509 | 1,362 | 848 | - | 179 | 691 | 644 | 869 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
317,698 | 327,164 | 206,274 | 132,018 | 2,806 | 13,120 | 34,607 | 9,922 | 30,506 | 14,108 | 35,435 | 33,266 | 45,576 | 60,775 | 70,276 | |
10/15 |
223,937 | 196,306 | 155,488 | 117,373 | -862 | 6,708 | 22,700 | -12,575 | -2,217 | -16,512 | -10,997 | -10,413 | 24,193 | 39,558 | 42,580 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
10 |
18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | 9,684 | |
130/1 |
7,684 | 7,684 | 7,684 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1312 |
- | - | - | - | - | - | - | - | - | 5,825 | 5,825 | 5,825 | - | - | 5,825 | |
1319 |
5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | 5,825 | - | - | - | 5,825 | 5,825 | - | |
132 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
14 |
195,654 | 168,022 | 127,205 | 89,089 | -29,146 | -21,568 | -5,576 | -40,851 | -30,492 | -44,788 | -39,273 | -38,689 | -4,083 | 11,282 | 14,304 | |
17/49 |
93,760 | 130,858 | 50,785 | 14,645 | 3,668 | 6,412 | 11,908 | 22,497 | 32,722 | 30,620 | 46,432 | 43,680 | 21,383 | 21,217 | 27,696 | |
17 |
- | - | - | - | - | - | - | - | - | - | 6,129 | 9,275 | 11,934 | 6,595 | 10,310 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 6,129 | 9,275 | 11,934 | 6,595 | 10,310 | |
42/48 |
93,760 | 130,858 | 50,785 | 14,645 | 3,668 | 6,412 | 11,908 | 22,497 | 32,722 | 30,620 | 40,303 | 34,405 | 9,449 | 14,622 | 16,886 | |
42 |
- | - | - | - | - | - | - | - | - | 3,080 | - | - | 6,733 | 3,715 | 3,544 | |
43 |
- | - | - | - | - | - | - | - | - | 876 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 876 | - | - | - | - | - | |
44 |
45,816 | 44,682 | 9,688 | 14,645 | 114 | 358 | 951 | - | 1,226 | 4,463 | 35,109 | 32,505 | 1,305 | 10,572 | 12,757 | |
440/4 |
45,199 | 44,065 | 9,688 | 14,645 | 114 | 358 | 951 | - | 1,226 | 4,463 | 35,109 | 32,505 | 1,305 | 10,572 | 12,757 | |
441 |
617 | 617 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | 1,000 | - | - | 8,394 | - | 1,475 | 1,900 | - | - | - | |
45 |
22,495 | 70,842 | 33,641 | - | 354 | - | 5,294 | - | - | 957 | - | - | 1,411 | 335 | 585 | |
450/3 |
12,838 | 56,856 | 26,313 | - | 354 | - | 5,294 | - | - | 957 | - | - | 1,411 | 335 | 585 | |
454/9 |
9,657 | 13,986 | 7,328 | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
25,449 | 15,334 | 7,456 | - | 3,200 | 5,054 | 5,663 | 22,497 | 23,102 | 21,244 | 3,718 | - | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 500 | |
| Income statement | ||||||||||||||||
70 |
- | 353,902 | - | 315,906 | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | 582 | - | - | - | - | - | 3,719 | - | 3,000 | |
9900 |
42,269 | 98,905 | 102,815 | 113,354 | -12,007 | -15,161 | 42,447 | -6,329 | 18,172 | -910 | 4,090 | -7,356 | -8,424 | 121 | 18,992 | |
60/61 |
- | 254,997 | - | -202,964 | - | - | - | - | - | - | - | - | - | - | - | |
62 |
4,452 | 22,343 | 5,409 | 412 | - | - | - | - | - | - | - | - | - | - | - | |
630 |
3,251 | 429 | - | - | - | 359 | 2,201 | 2,201 | 2,201 | 3,653 | 3,294 | 3,294 | 9,777 | 7,060 | 7,055 | |
640/8 |
76 | 295 | - | - | 872 | 227 | 530 | 1,369 | 923 | 608 | 818 | 1,213 | 1,288 | 1,331 | 1,503 | |
66A |
- | 2,700 | - | - | - | - | 705 | 2 | 342 | - | 237 | 294 | - | - | - | |
9901 |
34,490 | 73,138 | 97,406 | 112,942 | -12,879 | -15,747 | 39,716 | -9,899 | 15,048 | -5,171 | -21 | -11,862 | -19,489 | -8,270 | 10,434 | |
75/76B |
- | - | - | - | 5,500 | - | 0 | 0 | 4 | 3 | 53 | - | 1,683 | 3,539 | 35 | |
75 |
- | - | - | - | - | - | 0 | 0 | 4 | 3 | 53 | - | 1,683 | 3,539 | 35 | |
76B |
- | - | - | - | 5,500 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
359 | 1,827 | 368 | 194 | 199 | 268 | 202 | 401 | 358 | 427 | 378 | 555 | 1,278 | 1,208 | 1,137 | |
65 |
359 | 1,579 | 368 | 194 | 199 | 166 | 202 | 401 | 358 | 427 | 378 | 555 | 1,278 | 1,208 | 1,137 | |
66B |
- | 248 | - | - | - | 102 | - | - | - | - | - | - | - | - | - | |
9903 |
34,131 | 71,311 | 97,038 | 112,748 | -7,578 | -16,015 | 39,392 | -10,302 | 14,351 | -5,595 | -584 | -12,711 | -15,365 | -5,939 | 12,332 | |
67/77 |
6,500 | 30,493 | 21,283 | - | - | -23 | 4,118 | 56 | 56 | -80 | - | - | - | -2,917 | - | |
9904 |
27,631 | 40,817 | 75,754 | 112,748 | -7,578 | -15,992 | 35,274 | -10,358 | 14,295 | -5,515 | -584 | -12,711 | -15,365 | -3,022 | 12,332 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | |
9905 |
27,631 | 40,817 | 75,754 | 112,748 | -7,578 | -15,992 | 35,274 | -10,358 | 14,295 | -5,515 | -584 | -12,711 | -15,365 | -3,022 | 13,332 | |
| Appropriation of the result | ||||||||||||||||
9906 |
195,654 | 168,022 | 127,205 | 89,089 | -29,146 | -21,568 | -5,576 | -40,851 | -30,492 | -44,788 | -39,273 | -38,689 | -4,083 | 11,282 | 14,304 | |
14P |
168,022 | 127,205 | 51,450 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 30-01-2024.
2022 annual accounts filed 183 days after the deadline. Filed on 30 January 2024, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2024-00027455.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 30-01-2024 | 2024-00027455 | |
| 31-12-2021 | micro format | 07-02-2023 | 2023-00026783 | |
| 31-12-2020 | micro format | 30-01-2023 | 2023-00022455 | |
| 31-12-2019 | full format | 14-12-2020 | 2020-75600127 | |
| 31-12-2019 | micro format | 13-06-2020 | 2020-17800012 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-46400517 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100173 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-56600456 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-51600473 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-54200269 | |
| 31-12-2012 | full format | 30-08-2013 | 2013-55200175 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-47300093 | |
| 31-12-2010 | full format | 29-08-2011 | 2011-48200562 | |
| 31-12-2008 | full format | 09-10-2009 | 2009-80700350 | |
| 31-12-2007 | full format | 13-11-2008 | 2008-81300356 | |
| 31-12-2006 | full format | 12-11-2007 | 2007-80000197 | |
| 31-12-2005 | full format | 31-08-2006 | 2006-76805354 | |
| 31-12-2004 | full format | 22-09-2005 | 2005-70005019 | |
| 31-12-2003 | full format | 29-10-2004 | 2004-76702649 | |
| 31-12-2002 | full format | 30-07-2003 | 2003-56001140 | |
| 31-12-2001 | full format | 28-06-2002 | 2002-30702971 | |
| 31-12-2000 | full format | 06-11-2001 | 2001-67800203 | |
| 31-12-1999 | full format | 30-06-2000 | 2000-33403434 | |
| 31-12-1998 | full format | 28-06-1999 | 1999-24501366 | |
| 31-12-1997 | full format | 26-06-1998 | 1998-25202171 | |
| 31-12-1996 | full format | 03-07-1997 | 1997-26800321 | |
| 31-12-1995 | full format | 09-07-1996 | 1996-32404825 | |
| 31-12-1994 | full format | 31-07-1995 | 1995-43502493 | |
| 31-12-1993 | full format | 16-12-1994 | 1994-50302277 | |
| 31-12-1992 | full format | 31-12-1993 | 1993-48000534 | |
| 31-12-1991 | full format | 09-09-1992 | 1992-31203649 | |
| 31-12-1990 | full format | 21-06-1991 | 1991-11501129 | |
| 31-12-1989 | full format | 25-06-1990 | 1990-11001788 | |
| 31-12-1988 | full format | 14-06-1989 | 1989-08300765 |
| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37,741 | 73,567 | - | - | - | -15,388 | 41,917 | -7,698 | 17,249 | -1,518 | 3,273 | -8,569 | -9,712 | -1,210 | 17,489 | ||
| 30,882 | 41,246 | - | - | - | -15,633 | 37,475 | -8,157 | 16,496 | -1,862 | 2,710 | -9,417 | -5,588 | 4,038 | 19,387 | ||
| 8,691 | 1,538 | 1,875 | - | - | 0 | 0 | 0 | 5,526 | 1,795 | 0 | 1,511 | 14,263 | 0 | 20,428 | ||
| 9,422 | -459 | 1,493 | - | -9,343 | -20,401 | 30,876 | -4,697 | - | - | 11,176 | - | 12,195 | -11,603 | - | ||
| 215,514 | 193,322 | 153,613 | 117,373 | -892 | 6,678 | 22,311 | -15,164 | -7,007 | -17,977 | -8,191 | -7,756 | 23,629 | 38,141 | 38,318 | ||
| - | 20.7% | - | 35.8% | - | - | - | - | - | - | - | - | - | - | - | ||
| 70.5% | 60.0% | 75.4% | 88.9% | - | 51.1% | 65.6% | -126.7% | -7.3% | -117.0% | -31.0% | -31.3% | 53.1% | 65.1% | 60.6% | ||
| 3.30 | 2.48 | 4.02 | 9.01 | - | 2.04 | 2.87 | 0.33 | 0.79 | 0.41 | 0.80 | 0.77 | 3.50 | 3.61 | 3.27 | ||
| 3.30 | 2.48 | 4.02 | 9.01 | - | 2.04 | 2.80 | 0.27 | 0.72 | 0.34 | 0.74 | 0.71 | 3.18 | 3.40 | 3.04 | ||
| 0.42 | 0.67 | 0.33 | 0.12 | - | 0.96 | 0.52 | - | - | - | - | - | 0.88 | 0.54 | 0.65 | ||
| 12.3% | 20.8% | 48.7% | 96.1% | - | -238.4% | 155.4% | - | - | - | - | - | -63.5% | -7.6% | 29.0% | ||
| 8.7% | 12.5% | 36.7% | 85.4% | - | -121.9% | 101.9% | -104.4% | 46.9% | -39.1% | -1.6% | -38.2% | -33.7% | -5.0% | 17.5% | ||
| over 100 | 46.58 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | 320 days | - | 151 days | - | - | - | - | - | - | - | - | - | - | - | ||
| - | 64 days | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2022 | 2021 | 2020 |
|---|---|---|---|
| Tangible fixed assets | €8,453 | €1,300 | - |
| Financial fixed assets | €238 | €238 | €1,875 |
| €3,251 | €429 | - |
Source: notes to the 2020 to 2022 annual accounts (statement of fixed assets)
The operating result for 2022 is 53% lower than in 2021 and the lowest since 2017. It is the third fall in a row.
Debt's share of the balance-sheet total falls from 40.0% to 29.5%. Equity is higher and debt is lower.
BAUDECOR has no parent and no holdings in its annual accounts. MAGEROTTE Xavier is the only director. BAUDECOR shares no director with another company.
| "LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais
registered office since 01-12-1955 · founded in 1907 |
total assets €464.8m (2025) 0401.641.663 |
| FJCB
registered office since 13-03-2019 · founded in 2019 |
total assets €263.3m (2025) 0722.714.831 |
| DELFIPAR
registered office since 23-12-1983 · founded in 1983 · group "LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais |
turnover €504,519 (2025) 0426.035.678 |
| GALIMMO REAL ESTATE
registered office since 04-05-2005 · founded in 2005 · group "LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais |
turnover €501,150 (2025) 0873.668.508 |
| FONCIBEL
registered office since 03-05-2006 · founded in 2006 · group "LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais |
total assets €10.9m (2025) 0881.085.543 |
| CERTEX
registered office since 03-12-1975 · founded in 1975 |
total assets €3.6m (2025) 0415.597.290 |
| ARMIN ROBOTICS
registered office since 24-05-2013 · founded in 2013 · accounts filed late |
26 FTE (2024) 0534.681.816 |
| CENTRE DE RECHERCHE ET DE DEVELOPPEMENT DE L'ECAM
registered office since 24-06-1982 · founded in 1982 |
total assets €1.6m (2025) 0423.127.856 |
| NOïchâ
registered office since 17-02-1989 · founded in 1989 · negative equity (2025) |
turnover €1.5m (2025) 0436.717.556 |
| NIVELLES IMMO
registered office since 04-09-2013 · founded in 2013 |
turnover €209,079 (2025) 0536.969.531 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Baudecor 41001 General construction of residential buildings | 29-04-1998 | 2.036.083.250 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52003B0364/00N000 | 1,012 m² | 1 · 244 m² | 12.8 m · 4 |
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