BAUDINTER
Liquidation closed on 30-04-2025Financials · financial year 2024, unclassified schema
Annual accounts 2024 filed on 03-06-2025 PDF all 21 filings
Turnover
€9,000▼ 88.5%
2020 · €78,000
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€43.4m▲ 147%
2024 · €17.6m
Working capital
€2.6m▼ 99.2%
2024 · €347.2m
Multi-year overview
2018 to 2024, 8 financial yearsTurnover
no figure
2024
20182024
Operating result
-€466,609
2024
20182024
Net result
€43.4m
2024
20182024
Equity
€2.5m
2024
20182024
Total assets
€2.7m
2024
20182024
Debt
€120,972
2024
20182024
Working capital
€2.6m
2024
20182024
Staff (FTE)
no figure
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242024
Turnover€0.1m-€0.1m=€0.08m▼ 35.0%€0.009m▼ 88.5%
Operating result-€1.1m--€1.4m▼ 29.5%-€1.2m▲ 17.5%-€1.5m▼ 24.4%-€1.3m▲ 9.1%-€1.0m▲ 21.7%-€0.8m▲ 23.0%-€0.5m-
Net result-€75.8m-€14.0m€6.3m▼ 55.2%€12.1m▲ 92.7%-€9.1m€9.6m€17.6m▲ 83.5%€43.4m-
Equity€334.1m-€348.1m▲ 4.2%€354.4m▲ 1.8%€366.4m▲ 3.4%€357.3m▼ 2.5%€366.9m▲ 2.7%€384.4m▲ 4.8%€2.5m-
Total assets€353.2m-€363.2m▲ 2.8%€361.8m▼ 0.4%€370.0m▲ 2.3%€368.4m▼ 0.4%€370.6m▲ 0.6%€388.4m▲ 4.8%€2.7m-
Debt€19.1m-€15.1m▼ 21.1%€7.4m▼ 51.0%€3.6m▼ 51.8%€11.1m▲ 212%€3.7m▼ 66.3%€4.0m▲ 5.6%€0.1m-
Working capital€306.2m-€312.8m▲ 2.2%€317.0m▲ 1.4%€328.6m▲ 3.6%€326.0m▼ 0.8%€333.2m▲ 2.2%€347.2m▲ 4.2%€2.6m-
Staff (FTE)0.5-0.5=0.5=0.5=0.5=0.5=0.5=
Several financial years end in the same calendar year, so there is no annual trend.
Large changes and their cause
- 2024 Net result +84% on 2023. The 2024 profit included a one-off income of €9,544,829.
- 2021 Net result +93% on 2020. The 2021 profit included a one-off income of €65,673,606.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€136 ▼ 100.0%
Current assets
€2.7m ▼ 99.2%
Equity and liabilities €2.7m
Equity
€2.5m ▼ 99.3%
Debt
€120,972 ▼ 96.9%
Debt's share of the balance-sheet total rises from 1.0% to 4.5%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.05▲
2024 · 0.01
Debt ≤ 1 year
€24,782▼
2024 · €2.7m
Income taxes
€642,588▼
2024 · €861,886
Staff costs
€20,547▼
2024 · €45,018
A ratio outside any meaningful range has been withheld (balance sheet total €2.7m, equity €2.5m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Revenue breakdown
By activity 2021
- Management active des filiales €9,000100.0%
Source: 2021 accounts, page 21, filing 2022-20182666
By geographic market 2020
- Suisse €78,000100.0%
Source: 2020 accounts, page 17, filing 2021-45400404
All years (2006 to 2021)
By activity
| By activity | 2006 | 2007 | 2008 | 2009 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Management active des filiales | €420,000 | €200,000 | €200,000 | €150,000 | €360,000 | €240,000 | €240,000 | €240,000 | €460,000 | €20,000 | €120,000 | €120,000 | €78,000 | €9,000 |
| Refacturation de frais | - | - | - | - | €5,293,409 | €0 | €0 | €0 | €0 | - | - | - | - | - |
| Total | €420,000 | €200,000 | €200,000 | €150,000 | €5,653,409 | €240,000 | €240,000 | €240,000 | €460,000 | €20,000 | €120,000 | €120,000 | €78,000 | €9,000 |
By geographic market
| By geographic market | 2006 | 2007 | 2008 | 2009 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suisse | - | - | - | - | €360,000 | €240,000 | €240,000 | €240,000 | €460,000 | €20,000 | €120,000 | €120,000 | €78,000 |
| France | - | - | - | - | €5,293,409 | €0 | €0 | €0 | €0 | - | - | - | - |
| EU et CH | €420,000 | €200,000 | €200,000 | €150,000 | - | - | - | - | - | - | - | - | - |
| Total | €420,000 | €200,000 | €200,000 | €150,000 | €5,653,409 | €240,000 | €240,000 | €240,000 | €460,000 | €20,000 | €120,000 | €120,000 | €78,000 |
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 30-09-2024 | 31-12-2024 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | - |
| part-time | 1 | 1 | 1 | 1 | - |
| in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.5 | - |
| Average over the year, in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| On a permanent contract | 1 | - | 1 | 1 | - |
| Joined | - | - | - | - | 0 |
| Left | - | - | - | - | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 30-09-2024 | 2024 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1,128 | €8.0m | - | - | - |
| Carrying value of the other pledged assets | €82.8m | €79.7m | - | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 30-09-2024 | 2024 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €7,145 | - | €2,813 | - |
| Financial fixed assets | €505,788 | - | - | - | - |
| Depreciation and write-downs of the year | €113 | €413 | €970 | €730 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 30-09-2024 | 2024 |
|---|---|---|---|---|---|
| Fee for the audit | €33,756 | €40,307 | €36,559 | €45,645 | €45,645 |
| Other work by the auditor | - | - | - | €60,649 | €13,319 |
Source: notes to the 2021 to 2024 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.009m | - | - | - | - | - |
| Turnover70 | €0.1m | €0.1m | €0.08m | €0.009m | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €378 | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €1.5m | €1.3m | €1.0m | €0.8m | €0.5m | - |
| Services and other goods61 | - | - | - | €1.3m | €1.2m | €0.8m | €0.7m | €0.3m | - |
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.1m | €0.1m | €0.05m | €0.02m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €113 | €113 | €113 | €413 | €0.001m | €0.001m | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.1m | -€0.08m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.2m | €0.1m | €0.1m | €0.01m | €0.1m | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.005m | - |
| Operating profit (loss)9901 | -€1.1m | -€1.4m | -€1.2m | -€1.5m | -€1.3m | -€1.0m | -€0.8m | -€0.5m | - |
| Financial income75/76B | - | - | - | €82.3m | €12.5m | €10.5m | €18.8m | €45.7m | - |
| Recurring financial income75 | €20.7m | €13.8m | €13.5m | €16.7m | €9.3m | €10.4m | €9.3m | €11.1m | - |
| Income from financial fixed assets750 | - | - | - | €0.2m | €0.3m | €0.5m | €0.4m | €0.1m | - |
| Income from current assets751 | - | - | - | €5.9m | €6.0m | €8.0m | €5.9m | €2.0m | - |
| Other financial income752/9 | - | - | - | €10.6m | €3.0m | €1.9m | €3.0m | €9.0m | - |
| Non-recurring financial income76B | - | - | - | €65.7m | €3.1m | €0.1m | €9.5m | €34.6m | - |
| Financial charges65/66B | - | - | - | €68.8m | €19.9m | -€1.2m | -€0.4m | €1.2m | - |
| Recurring financial charges65 | €3.8m | €0.3m | €2.7m | €2.8m | €8.8m | -€1.2m | -€0.4m | €1.1m | - |
| Debt charges650 | €0.08m | €0.09m | €0.06m | €0.04m | €0.09m | €0.07m | €0.01m | €0.002m | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €1.0m | €7.9m | -€4.0m | -€2.6m | -€4.9m | - |
| Other financial charges652/9 | - | - | - | €1.7m | €0.8m | €2.8m | €2.2m | €6.0m | - |
| Non-recurring financial charges66B | - | - | - | €66.0m | €11.1m | - | - | €0.07m | - |
| Profit (loss) for the period before taxes9903 | -€72.9m | €14.0m | €7.0m | €12.1m | -€8.8m | €10.7m | €18.4m | €44.1m | - |
| Income taxes67/77 | €2.9m | €0.003m | €0.8m | €0.01m | €0.4m | €1.1m | €0.9m | €0.6m | - |
| Taxes670/3 | - | - | - | €0.01m | €0.4m | €1.1m | €0.9m | €0.6m | - |
| Profit (loss) for the period9904 | -€75.8m | €14.0m | €6.3m | €12.1m | -€9.1m | €9.6m | €17.6m | €43.4m | - |
| Profit (loss) for the period to be appropriated9905 | -€75.8m | €14.0m | €6.3m | €12.1m | -€9.1m | €9.6m | €17.6m | €43.4m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €353.2m | €363.2m | €361.8m | €370.0m | €368.4m | €370.6m | €388.4m | €2.7m | - |
| Fixed assets21/28 | €33.9m | €38.3m | €39.2m | €40.5m | €33.6m | €35.3m | €38.5m | €136 | - |
| Tangible fixed assets22/27 | - | €226 | €113 | - | €0.007m | €0.006m | €0.008m | - | - |
| Furniture and vehicles24 | - | - | - | - | €0.007m | €0.006m | €0.008m | - | - |
| Financial fixed assets28 | €33.9m | €38.3m | €39.2m | €40.5m | €33.5m | €35.3m | €38.5m | €136 | - |
| Affiliated companies280/1 | - | - | - | €40.5m | €33.5m | €35.3m | €38.5m | - | - |
| Participating interests280 | - | - | - | €22.6m | €14.6m | €14.8m | €18.0m | - | - |
| Amounts receivable281 | - | - | - | €17.9m | €18.9m | €20.6m | €20.6m | - | - |
| Other financial fixed assets284/8 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €136 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €136 | - |
| Current assets29/58 | €319.3m | €324.9m | €322.5m | €329.5m | €334.8m | €335.2m | €349.8m | €2.7m | - |
| Amounts receivable within one year40/41 | €4.3m | €181.5m | €236.0m | €212.6m | €216.9m | €222.7m | €238.5m | €1.0m | - |
| Trade receivables40 | - | - | - | €0.003m | €0.003m | €0.002m | €0.002m | - | - |
| Other amounts receivable41 | - | - | - | €212.6m | €216.9m | €222.7m | €238.5m | €1.0m | - |
| Current investments50/53 | €70.6m | €82.3m | €82.0m | €109.8m | €112.0m | €103.5m | €101.7m | - | - |
| Other investments51/53 | - | - | - | €109.8m | €112.0m | €103.5m | €101.7m | - | - |
| Cash at bank and in hand54/58 | €17.7m | €15.0m | €3.2m | €5.7m | €3.3m | €2.3m | €1.2m | €1.7m | - |
| Deferred charges and accrued income490/1 | - | - | - | €1.4m | €2.6m | €6.7m | €8.5m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €353.2m | €363.2m | €361.8m | €370.0m | €368.4m | €370.6m | €388.4m | €2.7m | - |
| Equity10/15 | €334.1m | €348.1m | €354.4m | €366.4m | €357.3m | €366.9m | €384.4m | €2.5m | - |
| Contributions10/11 | €539.6m | €539.6m | - | €539.6m | €539.6m | €539.6m | €539.6m | €539.6m | - |
| Reserves13 | €5.0m | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | - |
| Non-distributable reserves130/1 | - | - | - | €5.7m | €5.7m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €5.7m | €5.7m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €5.7m | €5.7m | €5.7m | - |
| Profit (loss) carried forward14 | -€210.5m | -€197.3m | -€191.0m | -€178.9m | -€188.1m | -€178.5m | -€161.0m | -€117.5m | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | - | - | €425.3m | - |
| Amounts payable17/49 | €19.1m | €15.1m | €7.4m | €3.6m | €11.1m | €3.7m | €4.0m | €0.1m | - |
| Amounts payable within one year42/48 | €13.2m | €12.1m | €5.5m | €0.9m | €8.8m | €2.0m | €2.7m | €0.02m | - |
| Financial debts43 | - | - | - | €0.001m | €8.0m | €0.03m | €114 | - | - |
| Credit institutions430/8 | - | - | - | €0.001m | €8.0m | €0.03m | €114 | - | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | €0.5m | €0.7m | - | - |
| Suppliers440/4 | - | - | - | €0.4m | €0.4m | €0.5m | €0.7m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.4m | €1.5m | €2.0m | €0.02m | - |
| Taxes450/3 | - | - | - | €0.5m | €0.4m | €1.4m | €1.9m | €0.02m | - |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | €0.03m | €0.02m | - | - |
| Other amounts payable47/48 | - | - | - | - | €0.009m | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2.7m | €2.3m | €1.7m | €1.3m | €0.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€75.8m | €14.0m | €6.3m | €12.1m | -€9.1m | €9.6m | €17.6m | €43.4m | - |
| + Depreciation and write-downs630 | - | €113 | €113 | €113 | €413 | €0.001m | €0.001m | - | - |
| Operating cash flow (approximation) | -€75.8m | €14.0m | €6.3m | €12.1m | -€9.1m | €9.6m | €17.6m | €43.4m | - |
| Investment in fixed assets (approximation) | - | -€4.4m | -€1.0m | -€1.3m | €7.0m | -€1.8m | -€3.2m | - | - |
| Change in cash | - | -€2.7m | -€11.8m | €2.4m | -€2.3m | -€1.0m | -€1.1m | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | unclassified schema | 03-06-2025 | 2025-00118465 | |
| 30-09-2024 | unclassified schema | 19-03-2025 | 2025-00051102 | |
| 31-12-2023 | unclassified schema | 18-06-2024 | 2024-00142276 | |
| 31-12-2022 | unclassified schema | 28-06-2023 | 2023-00175440 | |
| 31-12-2021 | unclassified schema | 12-07-2022 | 2022-20182666 | |
| 31-12-2020 | unclassified schema | 03-08-2021 | 2021-45400404 | |
| 31-12-2019 | full format | 07-09-2020 | 2020-51400017 | |
| 31-12-2018 | full format | 01-07-2019 | 2019-25900295 | |
| 31-12-2017 | full format | 24-12-2018 | 2018-75600034 | |
| 30-11-2016 | full format | 27-07-2017 | 2017-36500007 |