BAUS
ActiveSummary
BAUS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €18,326. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 8.05 against 6.56 in 2024; short-term debt: 11.9% and cash: 45.8% of total assets), and 11.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
88.1%
Return on assets
1.1%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
15 d late
2023
51 d early
2022
28 d late
2021
25 d late
2020
26 d late
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,326▼ 85.0%
2024 · €122,176
Working capital
€1.4m▲ 1.5%
2024 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€185,045▲ 57.0%€163,618▼ 11.6%€157,738▼ 3.6%€169,615▲ 7.5%€16,000▼ 90.6%
Net result€129,082▲ 54.7%€117,740▼ 8.8%€114,243▼ 3.0%€122,176▲ 6.9%€18,326▼ 85.0%
Equity€1.1m▼ 13.5%€1.2m▲ 10.8%€1.3m▲ 9.3%€1.4m▲ 9.1%€1.5m▲ 1.3%
Total assets€1.5m▲ 10.6%€1.5m▲ 2.1%€1.6m▲ 7.4%€1.7m▲ 4.9%€1.7m▼ 1.8%
Debt€376,179▲ 487%€288,937▼ 23.2%€287,508▼ 0.5%€246,467▼ 14.3%€197,244▼ 20.0%
Working capital€1.0m▼ 14.0%€1.1m▲ 12.0%€1.2m▲ 10.6%€1.4m▲ 9.8%€1.4m▲ 1.5%
Why a figure moved sharply
- 2025 Net result -85% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€70,927 ▼ 2.3%
Current assets
€1.6m ▼ 1.8%
Equity and liabilities €1.7m
Equity
€1.5m ▲ 1.3%
Debt
€197,244 ▼ 20.0%
Debt's share of the balance-sheet total falls from 14.6% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,655▼
2024 · €177,071
Cash flow
€25,982▼
2024 · €129,632
Current ratio
8.05▲
2024 · 6.56
Quick ratio
4.09▲
2024 · 3.01
Debt to equity
0.13▼
2024 · 0.17
ROE
1.3%▼
2024 · 8.5%
ROA
1.1%▼
2024 · 7.2%
Interest coverage
16.51▼
2024 · 292.72
Debt ≤ 1 year
€197,244▼
2024 · €246,467
Income taxes
€6,722▼
2024 · €50,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 14,684 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13,750 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,691 | €6,812 | €6,924 | €7,456 | €7,656 | ▲ 2.7% |
| Other operating charges640/8 | €3,251 | €3,895 | €3,931 | €5,143 | €3,881 | ▼ 24.5% |
| Gross operating margin9900 | €194,987 | €174,324 | €168,592 | €182,214 | €27,536 | ▼ 84.9% |
| Operating profit (loss)9901 | €185,045 | €163,618 | €157,738 | €169,615 | €16,000 | ▼ 90.6% |
| Financial income75/76B | €4,762 | €4,275 | €4,134 | €3,378 | €10,481 | ▲ 210% |
| Recurring financial income75 | €4,762 | €4,275 | €4,134 | €3,378 | €10,381 | ▲ 207% |
| Non-recurring financial income76B | - | - | - | - | €100 | - |
| Financial charges65/66B | €1,783 | €1,744 | €943 | €605 | €1,433 | ▲ 137% |
| Recurring financial charges65 | €1,783 | €1,744 | €943 | €605 | €1,433 | ▲ 137% |
| Profit (loss) for the period before taxes9903 | €188,023 | €166,148 | €160,929 | €172,388 | €25,048 | ▼ 85.5% |
| Income taxes67/77 | €58,941 | €48,409 | €46,686 | €50,212 | €6,722 | ▼ 86.6% |
| Profit (loss) for the period9904 | €129,082 | €117,740 | €114,243 | €122,176 | €18,326 | ▼ 85.0% |
| Profit (loss) for the period to be appropriated9905 | €129,082 | €117,740 | €114,243 | €122,176 | €18,326 | ▼ 85.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.5m | €1.6m | €1.7m | €1.7m | ▼ 1.8% |
| Fixed assets21/28 | €85,112 | €81,641 | €74,718 | €72,582 | €70,927 | ▼ 2.3% |
| Tangible fixed assets22/27 | €84,393 | €80,923 | €73,999 | €71,864 | €70,208 | ▼ 2.3% |
| Land and buildings22 | €84,393 | €80,923 | €73,999 | €71,864 | €70,208 | ▼ 2.3% |
| Financial fixed assets28 | €719 | €719 | €719 | €719 | €719 | = |
| Current assets29/58 | €1.4m | €1.4m | €1.5m | €1.6m | €1.6m | ▼ 1.8% |
| Stocks and contracts in progress3 | €709,802 | €783,535 | €880,551 | €875,810 | €780,927 | ▼ 10.8% |
| Stocks30/36 | €709,802 | €783,535 | €880,551 | €875,810 | €780,927 | ▼ 10.8% |
| Amounts receivable within one year40/41 | €18,315 | €60,393 | €40,349 | €33,817 | €44,416 | ▲ 31.3% |
| Trade receivables40 | €18,315 | €60,393 | €40,349 | €33,817 | €34,117 | ▲ 0.9% |
| Other amounts receivable41 | - | - | - | - | €10,299 | - |
| Cash at bank and in hand54/58 | €654,850 | €573,007 | €614,172 | €707,049 | €759,322 | ▲ 7.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,770 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.6m | €1.7m | €1.7m | ▼ 1.8% |
| Equity10/15 | €1.1m | €1.2m | €1.3m | €1.4m | €1.5m | ▲ 1.3% |
| Contributions10/11 | €340,854 | €340,854 | €340,854 | €340,854 | €340,854 | = |
| Capital10 | €340,854 | €340,854 | €340,854 | €340,854 | €340,854 | = |
| Issued capital100 | €340,854 | €340,854 | €340,854 | €340,854 | €340,854 | = |
| Reserves13 | €344,508 | €462,248 | €576,490 | €698,667 | €716,993 | ▲ 2.6% |
| Non-distributable reserves130/1 | €34,086 | €34,086 | €34,086 | €34,086 | €34,086 | = |
| Legal reserve130 | €34,086 | €34,086 | €34,086 | €34,086 | €34,086 | = |
| Distributable reserves133 | €310,422 | €428,162 | €542,404 | €664,581 | €682,907 | ▲ 2.8% |
| Profit (loss) carried forward14 | €406,538 | €406,538 | €404,938 | €403,272 | €403,272 | = |
| Amounts payable17/49 | €376,179 | €288,937 | €287,508 | €246,467 | €197,244 | ▼ 20.0% |
| Amounts payable within one year42/48 | €376,179 | €288,937 | €287,508 | €246,467 | €197,244 | ▼ 20.0% |
| Trade debts44 | €22,028 | €25,034 | €40,419 | €27,612 | €8,400 | ▼ 69.6% |
| Suppliers440/4 | €22,028 | €25,034 | €40,419 | €27,612 | €8,400 | ▼ 69.6% |
| Advances received on contracts in progress46 | - | - | - | - | €1,000 | - |
| Taxes, remuneration and social security45 | €47,649 | €56,514 | €47,609 | €29,265 | €9,805 | ▼ 66.5% |
| Taxes450/3 | €47,649 | €56,514 | €47,609 | €29,265 | €9,805 | ▼ 66.5% |
| Other amounts payable47/48 | €306,502 | €207,389 | €199,481 | €189,589 | €178,039 | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,082 | €117,740 | €114,243 | €122,176 | €18,326 | ▼ 85.0% |
| + Depreciation and write-downs630 | €6,691 | €6,812 | €6,924 | €7,456 | €7,656 | ▲ 2.7% |
| Operating cash flow (approximation) | €135,774 | €124,552 | €121,166 | €129,632 | €25,982 | ▼ 80.0% |
| Investment in fixed assets (approximation) | - | -€3,342 | €0 | -€5,320 | -€6,000 | ▼ 12.8% |
| Change in cash | - | -€81,843 | €41,165 | €92,877 | €52,273 | ▼ 43.7% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €18,326 ▼85%
Net result drops to €18,326, the lowest in the series.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €129,082 ▲54.7%
Operating result €185,045, net result €129,082, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 81 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 22.89
Current ratio from 11.38 to 22.89; short-term debt falls from €97,130 to €50,732.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Tongeren-Borgloon · 1 establishment unit since 1995
Ground area
1,225 m²
Building footprint
347 m²
Volume, LiDAR
1,890 m³
Parcel 73031E0078/00R000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BAUS
since 19952.072.069.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73031E0078/00R000 | Flanders | 1,225 m² | 1 · 347 m² | 9.3 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.
Similar companies · same sector, comparable size
Jacques NICOLAY
BE 0430.133.632
Charleroi · Eq €1,655,710
WAPENHANDEL APPERMONT
BE 0444.730.053
Bilzen-Hoeselt · Eq €1,742,479
R.M. VINCK & CO
BE 0416.666.369
Zutendaal · Eq €1,938,565
AMBASSADOR ARMS
BE 0441.414.039
Sint-Niklaas · Eq €1,942,545
BELGUNLTD
BE 0429.495.214
Kontich · Eq €1,065,512
Of 127 companies in sector 47631 we hold annual accounts for 71. 35 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-05-1995
Fiscal year end31-12
Activities, NACEBEL 2025
47631Retail trade
47639Retail sale of other sporting goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455119545
Also
9925:BE0455119545
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.