BAUDS MANAGEMENT
ActiveSummary
BAUDS MANAGEMENT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-8k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-89
Solvency20▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.98 in 2024; short-term debt: 105.2% and cash: 3.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.2%
Return on assets
-7.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
32 d late
2023
54 d early
2022
54 d early
2021
53 d early
2020
59 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€7k
EBIT margin
-179.0%
Net result
€-8k
2024 · €18k
2020: €-13klowest in 6 years
2021: €-7k▲ +44.9% vs 2020
2022: €4k▲ +161% vs 2021
2023: €-3k▼ -161% vs 2022
2024: €18k▲ +774% vs 2023highest in 6 years
2025: €-8k▼ -144% vs 2024
2020 → 2025
Working capital
€-12k▼ 598%
2024 · €-2k
2020: €-10k
2021: €-38k▼ -283% vs 2020lowest in 6 years
2022: €-29k▲ +25.6% vs 2021
2023: €-23k▲ +18.2% vs 2022
2024: €-2k▲ +92.9% vs 2023highest in 6 years
2025: €-12k▼ -598% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-17k-€-13k▲ 25.3%€-15k▼ 20.6%€2k€-5k
2021: €-17klowest in 5 years
2022: €-13k▲ +25.3% vs 2021
2023: €-15k▼ -20.6% vs 2022
2024: €2k▲ +115% vs 2023highest in 5 years
2025: €-5k▼ -331% vs 2024
Operating result€-7k-€4k€-198€29k€-8k
2021: €-7k
2022: €4k▲ +160% vs 2021
2023: €-198▼ -105% vs 2022
2024: €29k▲ +14949% vs 2023highest in 5 years
2025: €-8k▼ -126% vs 2024lowest in 5 years
Net result€-7k-€4k€-3k€18k€-8k
2021: €-7k
2022: €4k▲ +161% vs 2021
2023: €-3k▼ -161% vs 2022
2024: €18k▲ +774% vs 2023highest in 5 years
2025: €-8k▼ -144% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €29k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€6k ▲ 53.0%
Current assets
€98k ▲ 37.1%
Key figures and ratios
EBITDA
€-8k▼
2024 · €33k
Cash flow
€-8k▼
2024 · €22k
Solvency
-5.2%▼
2024 · 3.1%
Current ratio
0.89▼
2024 · 0.98
Debt to equity
-20.14▼
2024 · 31.04
ROA
-7.5%▼
2024 · 23.6%
Interest coverage
-79.75▼
2024 · 51.34
Debt
€110k▲
2024 · €73k
Debt ≤ 1 year
€110k▲
2024 · €73k
Income taxes
€0▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€104k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€768€3k▲
Furniture and vehicles24€768€3k▲
Financial fixed assets28€3k€3k=
Current assets29/58€72k€98k▲
Stocks and contracts in progress3€46k€0▼
Stocks30/36€46k€0▼
Amounts receivable within one year40/41€3k€93k▲
Trade receivables40€3k€71k▲
Other amounts receivable41-€22k
Cash at bank and in hand54/58€21k€4k▼
Deferred charges and accrued income490/1€730€1k▲
Equity and liabilities
Total equity and liabilities10/49€76k€104k▲
Equity10/15€2k€-5k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-643€-8k▼
Amounts payable17/49€73k€110k▲
Amounts payable within one year42/48€73k€110k▲
Trade debts44€1k€75k▲
Suppliers440/4€1k€75k▲
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€14k€14k▼
Other amounts payable47/48€58k€21k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€176▼
Other operating charges640/8€190€656▲
Gross operating margin9900€33k€-7k▼
Operating profit (loss)9901€29k€-8k▼
Financial income75/76B€30€0▼
Recurring financial income75€30€0▼
Financial charges65/66B€647€94▼
Recurring financial charges65€647€94▼
Profit (loss) for the period before taxes9903€29k€-8k▼
Income taxes67/77€11k€0▼
Profit (loss) for the period9904€18k€-8k▼
Profit (loss) for the period to be appropriated9905€18k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-643€-8k▼
Profit (loss) brought forward from the previous period14P€-18k€-643▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €8k | €4k | €176 | ▼ 95.4% |
| Other operating charges640/8 | - | - | - | €190 | €656 | ▲ 245% |
| Gross operating margin9900 | €-3k | €12k | €8k | €33k | €-7k | ▼ 121% |
| Operating profit (loss)9901 | €-7k | €4k | €-198 | €29k | €-8k | ▼ 126% |
| Financial income75/76B | - | €140 | - | €30 | €0 | ▼ 99.9% |
| Recurring financial income75 | - | €140 | - | €30 | €0 | ▼ 99.9% |
| Financial charges65/66B | €74 | €72 | €93 | €647 | €94 | ▼ 85.4% |
| Recurring financial charges65 | €74 | €72 | €93 | €647 | €94 | ▼ 85.4% |
| Profit (loss) for the period before taxes9903 | €-7k | €4k | €-291 | €29k | €-8k | ▼ 127% |
| Income taxes67/77 | - | - | €2k | €11k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €-7k | €4k | €-3k | €18k | €-8k | ▼ 144% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €4k | €-3k | €18k | €-8k | ▼ 144% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €31k | €30k | €76k | €104k | ▲ 37.9% |
| Fixed assets21/28 | €21k | €16k | €8k | €4k | €6k | ▲ 53.0% |
| Tangible fixed assets22/27 | €20k | €13k | €5k | €768 | €3k | ▲ 277% |
| Furniture and vehicles24 | €20k | €13k | €5k | €768 | €3k | ▲ 277% |
| Financial fixed assets28 | €750 | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €8k | €15k | €22k | €72k | €98k | ▲ 37.1% |
| Stocks and contracts in progress3 | - | - | - | €46k | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €46k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €4k | €3k | €6k | €3k | €93k | ▲ 2,593% |
| Trade receivables40 | €4k | €3k | €5k | €3k | €71k | ▲ 1,956% |
| Other amounts receivable41 | - | - | €601 | - | €22k | - |
| Cash at bank and in hand54/58 | €3k | €12k | €16k | €21k | €4k | ▼ 82.7% |
| Deferred charges and accrued income490/1 | €796 | €27 | €699 | €730 | €1k | ▲ 90.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €31k | €30k | €76k | €104k | ▲ 37.9% |
| Equity10/15 | €-17k | €-13k | €-15k | €2k | €-5k | ▼ 331% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-20k | €-16k | €-18k | €-643 | €-8k | ▼ 1,213% |
| Amounts payable17/49 | €46k | €44k | €46k | €73k | €110k | ▲ 49.8% |
| Amounts payable within one year42/48 | €46k | €44k | €46k | €73k | €110k | ▲ 49.8% |
| Trade debts44 | €419 | €793 | €4k | €1k | €75k | ▲ 6,436% |
| Suppliers440/4 | €419 | €793 | €4k | €1k | €75k | ▲ 6,436% |
| Taxes, remuneration and social security45 | €2k | €1k | €3k | €14k | €14k | ▼ 2.8% |
| Taxes450/3 | €2k | €1k | €3k | €14k | €14k | ▼ 2.8% |
| Other amounts payable47/48 | €44k | €41k | €39k | €58k | €21k | ▼ 63.8% |
| Accrued charges and deferred income492/3 | - | €52 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €4k | €-3k | €18k | €-8k | ▼ 144% |
| + Depreciation and write-downs630 | €4k | €8k | €8k | €4k | €176 | ▼ 95.4% |
| Operating cash flow (approximation) | €-3k | €12k | €5k | €22k | €-8k | ▼ 135% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | €-2k | - |
| Change in cash | - | €9k | €4k | €5k | €-17k | ▼ 451% |
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Braine-le-Château · 1 establishment unit since 2020
Ground area
2,835 m²
Building footprint
107 m²
Volume, LiDAR
576 m³
Parcel 25015C0131/00R000, Wallonia · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BAUDS MANAGEMENT
since 20202.306.445.808
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0131/00R000 | Wallonia | 2,835 m² | 1 · 106 m² | 14.2 m · 2 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 1,269 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
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
46110Wholesale trade
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Scores and ratios are computed by Checked and are not a credit decision.