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BAUNIM

Active
Private limited companyfounded 20215 yrs activeChaussée de Louvain 241, 1410 Waterloo, BelgiumKBO/BCE: BE 0764.722.066
Summary

BAUNIM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,278 and a net result of €164,200. Equity is growing by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 3337 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency60▲+42
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.55 in 2024; short-term debt: 65.3% and cash: 8.1% of total assets), and 65.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.7%
Return on assets
41.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
31 d late
2024
104 d late
2023
30 d late
2022
31 d late
2021
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 March 2021, BAUNIM was incorporated as a Private limited company.1 Total assets went from EUR 378,293 in 2021 to EUR 395,136 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€164,200
2024 · -€143,655
Working capital
-€11,595▲ 93.4%
2024 · -€175,594
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€9,000-€76,473▲ 750%€63,779▼ 16.6%-€148,552€172,039
Net result€5,393below the sector's middle half-€59,348within the sector's middle half▲ 1,000%€43,992within the sector's middle half▼ 25.9%-€143,655below the sector's middle half€164,200within the sector's middle half
Equity€13,393below the sector's middle half-€72,741within the sector's middle half▲ 443%€116,733within the sector's middle half▲ 60.5%-€26,922below the sector's middle half€137,278within the sector's middle half
Total assets€378,293within the sector's middle half-€441,396within the sector's middle half▲ 16.7%€568,138within the sector's middle half▲ 28.7%€364,002below the sector's middle half▼ 35.9%€395,136within the sector's middle half▲ 8.6%
Debt€364,900-€368,655▲ 1.0%€451,405▲ 22.4%€390,924▼ 13.4%€257,857▼ 34.0%
Working capital€5,090within the sector's middle half-€71,555within the sector's middle half▲ 1,306%-€31,747below the sector's middle half-€175,594below the sector's middle half▼ 453%-€11,595below the sector's middle half▲ 93.4%
Solvency3.5%below the sector's middle half-16.5%within the sector's middle half▲ 12.9pp20.5%within the sector's middle half▲ 4.1pp-7.4%below the sector's middle half▼ 27.9pp34.7%within the sector's middle half▲ 42.1pp
Current ratio1.01within the sector's middle half-1.19within the sector's middle half▲ 0.180.93below the sector's middle half▼ 0.260.55below the sector's middle half▼ 0.380.96below the sector's middle half▲ 0.40
Return on assets (ROA)1.4%below the sector's middle half-13.4%within the sector's middle half▲ 12.0pp7.7%within the sector's middle half▼ 5.7pp-39.5%below the sector's middle half▼ 47.2pp41.6%above the sector's middle half▲ 81.0pp
Staff (FTE)0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2021: €9,000€9,000Net result 2021: €5,393€5,393Operating result 2022: €76,473€76,473Net result 2022: €59,348€59,348Operating result 2023: €63,779€63,779Net result 2023: €43,992€43,992Operating result 2024: -€148,552-€148,552Net result 2024: -€143,655-€143,655Operating result 2025: €172,039€172,039Net result 2025: €164,200€164,20020212022202320242025-€200,000-€100,000€0€100,000€200,000Operating result 2023: €63,779€63,800Net result 2023: €43,992€44,000Operating result 2024: -€148,552-€149,000Net result 2024: -€143,655-€144,000Operating result 2025: €172,039€172,000Net result 2025: €164,200€164,000202320242025
The operating result returns to profit in 2025: €172,039 after a loss of €148,552 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395,136
Fixed assets €148,873 ▲ 0.1%
Current assets €246,262 ▲ 14.4%
Equity and liabilities €395,136
Equity €137,278
Debt €257,857
Debt finances 65.3% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€172,254▲
2024 · -€148,456
Cash flow
€164,416▲
2024 · -€143,559
Debt to equity
1.88▲
2024 · -14.52
ROE
119.6%
Interest coverage
252.77▲
2024 · -1341.92
Debt ≤ 1 year
€257,857▼
2024 · €390,924
Income taxes
€7,273▲
2024 · -€5,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€364,002€395,136▲
Fixed assets21/28€148,672€148,873▲
Tangible fixed assets22/27€192€393▲
Furniture and vehicles24€192€393▲
Financial fixed assets28€148,480€148,480=
Current assets29/58€215,330€246,262▲
Amounts receivable after more than one year29€200,000€200,000=
Other amounts receivable291€200,000€200,000=
Amounts receivable within one year40/41€4,286€7,311▲
Trade receivables40€3,425€5,088▲
Other amounts receivable41€861€2,223▲
Cash at bank and in hand54/58€7,234€32,178▲
Deferred charges and accrued income490/1€3,810€6,773▲
Equity and liabilities
Total equity and liabilities10/49€364,002€395,136▲
Equity10/15-€26,922€137,278▲
Contributions10/11€8,000€8,000=
Profit (loss) carried forward14-€34,922€129,278▲
Amounts payable17/49€390,924€257,857▼
Amounts payable within one year42/48€390,924€257,857▼
Current portion of amounts payable after more than one year42-€2,198
Financial debts43-€1,757
Credit institutions430/8-€1,757
Trade debts44€10,725€7,991▼
Suppliers440/4€10,725€7,991▼
Taxes, remuneration and social security45€16,093€8,124▼
Taxes450/3€16,093€8,124▼
Other amounts payable47/48€364,106€237,787▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96€216▲
Other operating charges640/8€10,908€2,764▼
Non-recurring operating charges66A€212,580€0▼
Gross operating margin9900€75,032€175,018▲
Operating profit (loss)9901-€148,552€172,039▲
Financial income75/76B€1€116▲
Recurring financial income75€1€116▲
Financial charges65/66B€111€681▲
Recurring financial charges65€111€681▲
Profit (loss) for the period before taxes9903-€148,662€171,473▲
Income taxes67/77-€5,007€7,273▲
Profit (loss) for the period9904-€143,655€164,200▲
Profit (loss) for the period to be appropriated9905-€143,655€164,200▲
Appropriation of the result
Profit (loss) to be appropriated9906-€34,922€129,278▲
Profit (loss) brought forward from the previous period14P€108,733-€34,922▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,931€7,117€1,186€96€216▲ 124%
Other operating charges640/8-€364€212€10,908€2,764▼ 74.7%
Non-recurring operating charges66A---€212,580€0▼ 100%
Gross operating margin9900€14,930€83,953€65,177€75,032€175,018▲ 133%
Operating profit (loss)9901€9,000€76,473€63,779-€148,552€172,039▲ 216%
Financial income75/76B---€1€116▲ 9,588%
Recurring financial income75---€1€116▲ 9,588%
Financial charges65/66B€373€375€248€111€681▲ 516%
Recurring financial charges65€373€375€248€111€681▲ 516%
Profit (loss) for the period before taxes9903€8,627€76,098€63,531-€148,662€171,473▲ 215%
Income taxes67/77€3,234€16,750€19,539-€5,007€7,273▲ 245%
Profit (loss) for the period9904€5,393€59,348€43,992-€143,655€164,200▲ 214%
Profit (loss) for the period to be appropriated9905€5,393€59,348€43,992-€143,655€164,200▲ 214%
Line20212022202320242025Change
Assets
Total assets20/58€378,293€441,396€568,138€364,002€395,136▲ 8.6%
Fixed assets21/28€8,303€1,186€148,480€148,672€148,873▲ 0.1%
Tangible fixed assets22/27€8,303€1,186-€192€393▲ 105%
Furniture and vehicles24€8,303€1,186-€192€393▲ 105%
Financial fixed assets28--€148,480€148,480€148,480=
Current assets29/58€369,990€440,210€419,658€215,330€246,262▲ 14.4%
Amounts receivable after more than one year29---€200,000€200,000=
Other amounts receivable291---€200,000€200,000=
Amounts receivable within one year40/41€357,555€437,411€417,872€4,286€7,311▲ 70.6%
Trade receivables40€42,285-€2,977€3,425€5,088▲ 48.5%
Other amounts receivable41€315,270€437,411€414,896€861€2,223▲ 158%
Cash at bank and in hand54/58€12,435€2,799€1,786€7,234€32,178▲ 345%
Deferred charges and accrued income490/1---€3,810€6,773▲ 77.8%
Equity and liabilities
Total equity and liabilities10/49€378,293€441,396€568,138€364,002€395,136▲ 8.6%
Equity10/15€13,393€72,741€116,733-€26,922€137,278▲ 610%
Contributions10/11€8,000€8,000€8,000€8,000€8,000=
Profit (loss) carried forward14€5,393€64,741€108,733-€34,922€129,278▲ 470%
Amounts payable17/49€364,900€368,655€451,405€390,924€257,857▼ 34.0%
Amounts payable within one year42/48€364,900€368,655€451,405€390,924€257,857▼ 34.0%
Current portion of amounts payable after more than one year42€5,940---€2,198-
Financial debts43----€1,757-
Credit institutions430/8----€1,757-
Trade debts44€2,879€4,632€14,164€10,725€7,991▼ 25.5%
Suppliers440/4€2,879€4,632€14,164€10,725€7,991▼ 25.5%
Taxes, remuneration and social security45€34,521€47,543€37,082€16,093€8,124▼ 49.5%
Taxes450/3€34,521€47,543€37,082€16,093€8,124▼ 49.5%
Other amounts payable47/48€321,560€316,480€400,159€364,106€237,787▼ 34.7%
Line20212022202320242025Change
Profit (loss) for the period9904€5,393€59,348€43,992-€143,655€164,200▲ 214%
+ Depreciation and write-downs630€5,931€7,117€1,186€96€216▲ 124%
Operating cash flow (approximation)€11,324€66,465€45,179-€143,559€164,416▲ 215%
Investment in fixed assets (approximation)-€0-€148,480-€288-€417▼ 44.5%
Change in cash--€9,637-€1,012€5,447€24,945▲ 358%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Back to profitnet €164,200
Net result €164,200 after one loss-making year.
31-12
Financial Equity above €100,000Eq €137,278
Equity rises from -€26,922 to €137,278.
12-11
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 104 days late
2024
31-12
Financial Weakest financial yearnet -€143,655
Net result drops to -€143,655, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial Equity above €100,000Eq €116,733 ▲60.5%
3 profitable years in a row build equity to €116,733.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,052 m²
Building footprint
265 m²
Parcel 25764N0807/00B000, Wallonia. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
BAUNIM
Chaussée de Louvain 241, 1410 WaterlooOther legal services
since 20212.314.885.006
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25764N0807/00B000 Wallonia 2,052 m² 1 · 265 m² -
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of BAUNIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,772 companies in sector 69109 we hold annual accounts for 1,209. 933 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
Founded05-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
70200Business and other management consultancy
73200Market research and public opinion polling
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0764722066
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.