Baulyn
ActiveBaulyn has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114k and a net result of €36k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-4
Solvency68▼-32
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 5.02 in 2024; short-term debt: 32.5% and cash: 3.2% of total assets), but 56.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.2%
Return on assets
13.4%
Age of the figures
9 mo
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 05-07-2026, 26 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
26 d early
2024
28 d late
2023
15 d late
2022
29 d late
2021
30 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▲ 45.2%
2024 · €79k
2021: €21k
2022: €37k
2023: €63k
2024: €79k
2021 → 2025
Total assets
€265k▲ 173%
2024 · €97k
2021: €38k
2022: €59k
2023: €79k
2024: €97k
2021 → 2025
Net result
€36k▲ 120%
2024 · €16k
2021: €21k
2022: €16k
2023: €25k
2024: €16k
2021 → 2025
Working capital
€128k▲ 76.2%
2024 · €73k
2021: €16k
2022: €34k
2023: €59k
2024: €73k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€37k▲ 74.9%€63k▲ 67.0%€79k▲ 25.8%€114k▲ 45.2%
Operating result€32k-€24k▼ 24.1%€36k▲ 52.3%€25k▼ 30.6%€46k▲ 82.9%
Net result€21k-€16k▼ 23.3%€25k▲ 56.5%€16k▼ 35.6%€36k▲ 120%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265k
Fixed assets
€50k▲ 760%
Current assets
€215k▲ 136%
Equity and liabilities €265k
Equity
€114k▲ 45.2%
Debt
€150k▲ 729%
The debt ratio rises from 18.7% to 56.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €28k
Cash flow
€41k▲
2024 · €19k
Solvency
43.2%▼
2024 · 81.3%
Current ratio
2.49▼
2024 · 5.02
Quick ratio
2.49▼
2024 · 5.02
Debt / equity
1.31▲
2024 · 0.23
ROE
31.1%▲
2024 · 20.5%
ROA
13.4%▼
2024 · 16.7%
Interest coverage
10.32▼
2024 · 11.00
Debt
€150k▲
2024 · €18k
Debt ≤ 1 year
€86k▲
2024 · €18k
Debt > 1 year
€64k
Income taxes
€12k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€97k€265k▲
Fixed assets21/28€6k€50k▲
Tangible fixed assets22/27€6k€50k▲
Plant, machinery and equipment23€84€0▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26-€46k
Current assets29/58€91k€215k▲
Amounts receivable within one year40/41€44k€200k▲
Trade receivables40€13k€66k▲
Other amounts receivable41€31k€134k▲
Cash at bank and in hand54/58€45k€8k▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€97k€265k▲
Equity10/15€79k€114k▲
Contributions10/11€500€500=
Reserves13€78k€114k▲
Distributable reserves133€78k€114k▲
Amounts payable17/49€18k€150k▲
Amounts payable after more than one year17-€64k
Financial debts170/4-€64k
Amounts payable within one year42/48€18k€86k▲
Current portion of amounts payable after more than one year42-€20k
Financial debts43€7k€0▼
Credit institutions430/8€7k€0▼
Trade debts44€5k€44k▲
Suppliers440/4€5k€44k▲
Taxes, remuneration and social security45€6k€22k▲
Taxes450/3€6k€22k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€29k€54k▲
Operating profit (loss)9901€25k€46k▲
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€24k€47k▲
Income taxes67/77€8k€12k▲
Profit (loss) for the period9904€16k€36k▲
Profit (loss) for the period to be appropriated9905€16k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€36k▲
Transfer to equity691/2€16k€36k▲
To other reserves6921€16k€36k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €36k ▲120%
Operating result €46k, net result €36k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲45.2%
5 profitable years in a row build equity to €114k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €16k ▼23.3%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
IJzerenpoortkaai 32000 AntwerpenGround area
596 m²
Building footprint
532 m²
Volume, LiDAR
6,018 m³
2 parcels, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Baulyn
since 20202.310.176.348
Baulyn
since 20242.365.809.115
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3958/00T000 | Flanders | 449 m² | 1 · 438 m² | 20.1 m · 5 fl. |
| 11806F1358/00P011 | Flanders | 147 m² | 1 · 94 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.