Equity
-€58,960
Debts exceed assets in financial year 2025.
Baukunst and Associates
Lifetime
1 annual account with figurespeak -€28,973 (2025)
-€28,973
lowest -€63,960 (2025)
-€63,960
peak -€58,960 (2025)
-€58,960
€696,212
Board1 name since 2025
1 directorVERSCHUERE Adrien Jean Paul Geneviève
Owners
40%BAUKUNST
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Loss of €63,960Incorporation 10-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€696,212 109% of the balance sheet
Suppliers 58%Taxes and wages 0%Other 42%
Of this, €416,942 falls due within a year.
Position in the sector
-€58,960
Less equity than 95% of companies in architecture and engineering. Sector median €194,190 · 2,567 companies.
Turnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 9% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 0.5%
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€58,960
Loss of €63,960 (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €637,252
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 71, micro). It does better than 7% of them on solvency, 9% on liquidity and 10% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,386 companies had the same profile as Baukunst and Associates has now. Each dot stands for 6 companies, two years later.
85.9%
were still trading
5.2%
stopped another way
7.3%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Baukunst and Associates itself is lower: 0.4% within 12 months. It rests on far more data about Baukunst and Associates than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,386 companies, not a prediction for Baukunst and Associates. 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.
Credit verdict
No credit on open account
Liquidity is tight, with a current ratio of 1.35, below the usual 1.5. Short-term debt is 65.4% and cash 5.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
9 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018398743
Incorporation
Founding capital of €5,000 · Appointment: VERSCHUERE Adrien Jean Paul Geneviève (statutory director) · Registered office clause: rue des Alliés 68, 1190 Forest · published on 10-01-2025 · Gazette deed
First establishment
Bondgenotenstraat 68, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Baukunst and Associates Forest | €637,252 | -€28,973 | -9.3% | - |
| Carpels-Corneillie Construct Bruges | €370,633 | -€3,377 | 25.3% | - |
| INIMOCO Auderghem | €706,220 | -€1,019 | -15.7% | - |
| BHP Architecture Spa | €373,167 | -€8,443 | 24.6% | - |
| MSC RACING EVENTS Brussels | €903,670 | -€179,835 | -315.2% | - |
| BREAKING INTO AESTHETIC SPACE Hasselt | €271,645 | -€3,971 | 8.8% | - |
| STUDIO RENÈS Hoogstraten | €198,299 | -€49,885 | -73.7% | - |
These companies have the same main activity as Baukunst and Associates: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €198,000 and €904,000, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 08-01-2025Normal situation
- Activity
- Activities of building architectsNACE 71111
- Establishment unit
- 2.368.884.1141190 Forest, since 08-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-09-2025
Annual accounts 2025
- €637,252
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on Baukunst and Associates
Baukunst and Associates has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€58,960) and a net result of -€63,960.
Its solvency ranks better than 8% of 2,565 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Baukunst and Associates
- What is the company number of Baukunst and Associates?
- The company number of Baukunst and Associates is 1018.398.743. The VAT number is the same number with BE in front: BE 1018.398.743.
- Where is Baukunst and Associates based?
- The registered office is at Bondgenotenstraat 68, 1190 Forest.Company details
- What does Baukunst and Associates do?
- According to the KBO register, the main activity is activities of building architects (NACE 71111).
- What is the legal form of Baukunst and Associates?
- Baukunst and Associates is a private limited company (BV).
- When was Baukunst and Associates founded?
- Baukunst and Associates was founded on 08-01-2025.
- Is Baukunst and Associates still active?
- Yes, Baukunst and Associates is an active enterprise in the KBO register.
- What is the turnover of Baukunst and Associates?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Baukunst and Associates profitable?
- In financial year 2025, Baukunst and Associates made a loss of €63,960.
- Where can I find the annual accounts of Baukunst and Associates?
- Baukunst and Associates filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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