BAUDER
ActiveSummary
BAUDER has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,384 and a net result of €28,448. Its solvency ranks better than 31% of 158 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-06-2024 Normal situation
- Registered office
- 32 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Manufacture of rubber and plastic products NACE 22240and 3 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.361.863.589 1740 Ternat, since 07-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
Annual accounts 2025
- Gross margin
- €449,805
- ▲ 497%
- Turnover
- ≈ €900,000
- estimated
- Profit
- €28,448
- Equity
- €42,384
- ▲ 204%
- Total assets
- €277,374
- ▲ 178%
- Employees on 31-12-2025
- 5
- ▲ 66.7%
- 2025 accounts filed 21 days after the deadline
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.50, cash €140,624Figures for financial year 2025 (filed on 21-08-2026)Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 57% of micro companies in rubber and plastics (NACE 22)
Financial strength · tick: 2024
Average
Solvency
40+1
equity 15.3% of total assets
Liquidity
65+33
short-term debt 66.7% · cash 50.7%
Profitability
63+53
return on assets 10.3%
Bankruptcy probability within 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 3.7%
08-2025: 1.9%▼ -1.8 percentage points vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 2.0%▲ +0.1 percentage points vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.1%▲ +0.1 percentage points vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.4 percentage points vs 03-2026
05-2026: 2.8%▲ +0.3 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 3.8%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 1.3%▼ -2.5 percentage points vs 08-2026lowest value
10-2026: 1.3%● unchanged vs 09-2026lowest value
11-2026: 1.3%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.5 (1.16 in 2024), below the usual 1.5. Short-term debt is 66.7% and cash 50.7% of total assets. 84.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, micro). It does better than 25% of them on solvency, 70% on liquidity, 41% on profitability and 94% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
21 days late
2024
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 10 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00412665.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 2 filings
Turnover
≈ €900,000
Estimated: probably between €630,000 and €1.3m
Total assets
€277,374▲ 178%
2024 · €99,885
Net result
€28,448
2024 · -€11,064
Working capital
€91,884▲ 559%
2024 · €13,936
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€43,845
2025
20242025
Net result
€28,448
2025
middle half of the sector
20242025
Equity
€42,384
▲ 204%
2025
middle half of the sector
20242025
Total assets
€277,374
▲ 178%
2025
middle half of the sector
20242025
Debt
€234,989
▲ 173%
2025
20242025
Working capital
€91,884
▲ 559%
2025
middle half of the sector
20242025
Solvency
15.3%
▲ 1.3pp
2025
middle half of the sector
20242025
Current ratio
1.50
▲ 0.33
2025
middle half of the sector
20242025
Return on assets (ROA)
10.3%
▲ 21.3pp
2025
middle half of the sector
20242025
Staff (FTE)
4.6
▲ 475%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€10,983-€43,845
Net result-€11,064below the sector's middle half-€28,448within the sector's middle half
Equity€13,936within the sector's middle half-€42,384within the sector's middle half▲ 204%
Total assets€99,885within the sector's middle half-€277,374within the sector's middle half▲ 178%
Debt€85,949-€234,989▲ 173%
Working capital€13,936within the sector's middle half-€91,884within the sector's middle half▲ 559%
Solvency14.0%within the sector's middle half-15.3%within the sector's middle half▲ 1.3pp
Current ratio1.16within the sector's middle half-1.50within the sector's middle half▲ 0.33
Return on assets (ROA)-11.1%below the sector's middle half-10.3%within the sector's middle half▲ 21.3pp
Staff (FTE)0.8-4.6▲ 475%
above
within
below
The sector band is the middle half of the companies in Manufacture of rubber and plastic products (NACE 22). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €43,845, after a loss of €10,983 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277,374
Fixed assets
€500
Current assets
€276,874
Equity and liabilities €277,374
Equity
€42,384 ▲ 204%
Debt
€234,989 ▲ 173%
Debt's share of the balance-sheet total falls from 86.0% to 84.7%. Equity and debt are higher.
Key figures and ratios
Debt to equity
5.54▼
2024 · 6.17
ROE
67.1%▲
2024 · -79.4%
Debt ≤ 1 year
€184,989▲
2024 · €85,949
Debt > 1 year
€50,000
Income taxes
€10,995▲
2024 · €59
Staff costs
€399,788▲
2024 · €86,151
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 5 |
| full-time | 3 | 5 |
| part-time | 0 | 0 |
| in full-time equivalents | 3 | 5 |
| Average over the year, in full-time equivalents | 0.8 | 4.6 |
| On a permanent contract | 3 | 5 |
| Joined | 3 | 1 |
| Left | 0 | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | - | €500 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €86,151 | €399,788 | ▲ 364% |
| Other operating charges640/8 | €150 | €6,172 | ▲ 41× |
| Gross operating margin9900 | €75,319 | €449,805 | ▲ 497% |
| Operating profit (loss)9901 | -€10,983 | €43,845 | - |
| Financial income75/76B | - | €52 | - |
| Recurring financial income75 | - | €52 | - |
| Financial charges65/66B | €22 | €4,454 | ▲ 201× |
| Recurring financial charges65 | €22 | €4,454 | ▲ 201× |
| Profit (loss) for the period before taxes9903 | -€11,005 | €39,443 | - |
| Income taxes67/77 | €59 | €10,995 | ▲ 187× |
| Profit (loss) for the period9904 | -€11,064 | €28,448 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,064 | €28,448 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €99,885 | €277,374 | ▲ 178% |
| Fixed assets21/28 | - | €500 | - |
| Financial fixed assets28 | - | €500 | - |
| Current assets29/58 | €99,885 | €276,874 | ▲ 177% |
| Amounts receivable within one year40/41 | €75,907 | €133,460 | ▲ 75.8% |
| Trade receivables40 | €75,907 | €123,311 | ▲ 62.4% |
| Other amounts receivable41 | - | €10,148 | - |
| Cash at bank and in hand54/58 | €23,978 | €140,624 | ▲ 486% |
| Deferred charges and accrued income490/1 | - | €2,790 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €99,885 | €277,374 | ▲ 178% |
| Equity10/15 | €13,936 | €42,384 | ▲ 204% |
| Contributions10/11 | €25,000 | €25,000 | = |
| Reserves13 | - | €17,384 | - |
| Distributable reserves133 | - | €17,384 | - |
| Profit (loss) carried forward14 | -€11,064 | €0 | - |
| Amounts payable17/49 | €85,949 | €234,989 | ▲ 173% |
| Amounts payable after more than one year17 | - | €50,000 | - |
| Financial debts170/4 | - | €50,000 | - |
| Amounts payable within one year42/48 | €85,949 | €184,989 | ▲ 115% |
| Trade debts44 | €1,581 | €67,184 | ▲ 42× |
| Suppliers440/4 | €1,581 | €67,184 | ▲ 42× |
| Taxes, remuneration and social security45 | €8,460 | €54,208 | ▲ 541% |
| Taxes450/3 | €59 | €10,995 | ▲ 187× |
| Remuneration and social security454/9 | €8,401 | €43,213 | ▲ 414% |
| Other amounts payable47/48 | €75,907 | €63,597 | ▼ 16.2% |
Historical observation
In July 2024, 7,976 companies had the same profile as BAUDER has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
94.3%
was still going
1.8%
stopped otherwise
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAUDER itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for BAUDER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2024
BAUDER Jan
Current
Director · current term since 07-06-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-08-2026
BAUDER Tim
Current
Director · current term since 07-06-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-08-2026
Owners and capital
Shareholders
At incorporation
act of 11-06-2024 ↗
- BAUDER GMBH 100 shares (100%) · €25,000
Capital transactions
Capital over time
- 11-06-2024 Incorporation · €25,000 · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| BAUDER Jan |
|
| BAUDER Tim |
|
Network & group
BAUDER shares no director with another company.
Companies at the same address
31 other companies- Nova Market Concept Registered office · since 2026 1043988927
- JEMATAX AIRWAY SERVICES Registered office · since 2026 1033641896
- MKN Technisch Establishment · since 2025 1025690767
- SALARY SOLUTION Establishment · since 2025 0895037905
- Vanslambrouck, Sophie (sole trader) Establishment · since 2025 0861992082
- GrowthGroup Registered office · since 2024 1010345268
- NIAGARA BOUW Registered office · since 2024 1008953913
- NOVA-LUX Registered office · since 2023 1002092845
- REAL BOUW Registered office · since 2023 0798960690
- Lievens Group Registered office · since 2023 0798551114
Connections & network
2 current directorsThe network starts from the directors of BAUDER. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
21-08
micro format · 21 days late
2025
31-12
Financial
Back to profitnet €28,448
The net result is €28,448, after one loss-making year.
30-07
micro format · 1 day before the deadline
2024
13-11
Gazette deed
Registered office moved from Kontich to TernatNew seat: Assesteenweg 65, 1740 Ternat · Previous seat: Prins Boudewijnlaan 5, 2550 Kontich · Power of attorney9 points ▸
Gazette deed
Registered office moved from Kontich to Ternat
New seat: Assesteenweg 65, 1740 Ternat · Previous seat: Prins Boudewijnlaan 5, 2550 Kontich · Power of attorney9 points ▸
- Board meeting, 30-09-2024
- Registered-office move, Assesteenweg 65,1740 Ternat
- Power of attorney, BV PKF BOFIDI Accountants & Advisers
- Power of attorney, Lindsey Schamp
- Power of attorney, Lisa Kennis
- Power of attorney, Sylvia Vanbeveren
- Power of attorney, Eva Thielemans
- Power of attorney, Ellen Carlier
- Power of attorney, Tine Talpe
11-06
Gazette deed
IncorporationStarting capital €25,000 · Appointments: BAUDER Jan (director) and BAUDER Tim (director) · Founder8 points ▸
Gazette deed
Incorporation
Starting capital €25,000 · Appointments: BAUDER Jan (director) and BAUDER Tim (director) · Founder8 points ▸
- Incorporation, 06-06-2024
- Founder, BAUDER (shareholder)
- Other provision, 01-12-1970
- Founding capital, €25,000
- BAUDER holds 100 shares
- Director appointment, BAUDER Jan (director)
- Director appointment, BAUDER Tim (director)
- Declaration, “geen beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch), mentioned 2 times in the deed
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BAUDER in Dutch
Enterprise number
1010.161.661
Legal form
Private limited company
Status
Active, normale toestand
Founded
07-06-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-06-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, 2550 Kontich,Prins Boudewijnlaan 5”
deed of 11-06-2024 (in Dutch)Registered office and establishments
Registered office
Assesteenweg 65, 1740 Ternat, Belgium
1 former office
- Prins Boudewijnlaan 5, 2550 Kontich until 30-09-2024 · act of 13-11-2024
Establishment unit
BAUDER, Assesteenweg 65, 1740 Ternat since 07-06-2024 · unit number 2.361.863.589
Activities
NACEBEL 2025VAT activities
22240
Manufacture of rubber and plastic products main activity
22210
Manufacture of rubber and plastic products
22260
Manufacture of rubber and plastic products
Social security (RSZ) activities
46831
Wholesale of construction materials, general range main activity
Codes under NACEBEL 2008
VAT activities
22230
Manufacture of rubber and plastic products main activity
22210
Manufacture of rubber and plastic products
22290
Manufacture of rubber and plastic products
Social security (RSZ) activities
46731
Wholesale trade main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 11-06-2024 (in Dutch)
“Productie en distributie van bouwmaterialen,met name afdichtings- en isolatiematerialen voor hellende daken,platte daken,groen daken en…”
8 activities
- Productie en distributie van bouwmaterialen,met name afdichtings- en isolatiematerialen voor hellende daken,platte daken,groen daken en technische isolatiematerialen,en ook het verwerven van deelnemingen.
- Dit alles zowel in België als in het buitenland,zowel voor eigen rekening als voor rekening van derden of in deelneming met derden.
- Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen,zoals de aankoop en de verkoop,huur en verhuur,de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende,het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van goederen,met uitzondering van die verrichtingen die verband houden met de normale activiteiten uitgeoefend door vastgoedmakelaars.
- Alle commerciële,industriële,financiële,burgerlijke,roerende en onroerende handelingen of verrichtingen stellen,die haar nuttig voorkomen om rechtstreeks of onrechtstreeks haar voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken,voor eigen rekening of voor rekening van derden.
- Bij wijze van inbreng,opslorping,fusie,intekening of op enige andere wijze belangen nemen in alle ondernemingen,verenigingen of vennootschappen met een gelijkaardig of aanverwant voorwerp.
- Zich ten gunste van derden borg stellen of hen aval verlenen,hypothecaire of andere zekerheden verstrekken.
- De functie van bestuurder of zaakvoerder in andere vennootschappen waarnemen,mits naleving van artikel 2:55 WVV.
- Alle handelingen stellen welke niet onder de goedkeuring van de Autoriteit voor Financiële Diensten en Markten(FSMA)valt.
Invoicing and payment
VAT number
BE 1010.161.661
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00
deed of 11-06-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
4,916 m²
Building footprint
451 m²
Building volume
3,312 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23086B0225/00N000 | Flanders | 4,916 m² | 1 · 451 m² | 10.5 m · 3 |