BAUW
Open bankruptcyA bankruptcy procedure is open for BAUW according to publications in the Belgian State Gazette; curator: LIESBET JACOBS.
Summary
The 2023 annual accounts show equity of €40k and a net result of €22k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
32 d late
2021
131 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€40k▲ 123%
2022 · €18k
2018: €101k
2019: €102k
2020: €112k
2021: €88k
2022: €18k
2018 → 2023
Total assets
€318k▼ 33.7%
2022 · €480k
2018: €470k
2019: €383k
2020: €353k
2021: €370k
2022: €480k
2018 → 2023
Net result
€22k
2022 · €-70k
2018: €5
2019: €2k
2020: €10k
2021: €-24k
2022: €-70k
2018 → 2023
Working capital
€37k
2022 · €-4k
2018: €95k
2019: €96k
2020: €79k
2021: €58k
2022: €-4k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€102k-€112k▲ 9.8%€88k▼ 21.3%€18k▼ 79.5%€40k▲ 123%
Operating result€5k-€20k▲ 325%€-23k€-67k▼ 189%€24k
Net result€2k-€10k▲ 544%€-24k€-70k▼ 194%€22k
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 returns to profit in 2023: €24k after a loss of €67k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €318k
Fixed assets
€4k ▼ 80.7%
Current assets
€314k ▼ 31.4%
Equity and liabilities €318k
Equity
€40k ▲ 123%
Debt
€278k ▼ 39.8%
Debt's share of the balance-sheet total falls from 96.2% to 87.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2022 · €-59k
Cash flow
€23k▲
2022 · €-62k
Current ratio
1.13▲
2022 · 0.99
Quick ratio
1.01▲
2022 · 0.76
Debt to equity
6.92▼
2022 · 25.58
ROE
55.1%▲
2022 · -388.9%
ROA
7.0%▲
2022 · -14.6%
Interest coverage
2.99▲
2022 · -10.59
Debt ≤ 1 year
€277k▼
2022 · €462k
Income taxes
€2k
Staff costs
€262k▼
2022 · €263k
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 · 2023 against 2022 · 57 lines
Balance sheet
Code20222023
Assets
Total assets20/58€480k€318k▼
Fixed assets21/28€22k€4k▼
Tangible fixed assets22/27€20k€2k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€17k€0▼
Financial fixed assets28€3k€3k=
Current assets29/58€457k€314k▼
Stocks and contracts in progress3€106k€35k▼
Stocks30/36€45k€35k▼
Contracts in progress37€61k€0▼
Amounts receivable within one year40/41€332k€246k▼
Trade receivables40€287k€213k▼
Other amounts receivable41€45k€33k▼
Cash at bank and in hand54/58€15k€31k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€480k€318k▼
Equity10/15€18k€40k▲
Contributions10/11€20k€20k=
Reserves13€4k€20k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€2k€0▼
Distributable reserves133-€20k
Profit (loss) carried forward14€-6k€0▲
Amounts payable17/49€462k€278k▼
Amounts payable within one year42/48€462k€277k▼
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€371k€174k▼
Suppliers440/4€371k€174k▼
Taxes, remuneration and social security45€16k€27k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€6k€15k▲
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3-€980
Income statement
Code20222023
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€263k€262k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€689▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€58k
Gross operating margin9900€206k€348k▲
Operating profit (loss)9901€-67k€24k▲
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€633▼
Non-recurring financial income76B-€8k
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-70k€24k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-70k€22k▲
Transfer from tax-exempt reserves789-€2k
Profit (loss) for the period to be appropriated9905€-70k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€18k▲
Profit (loss) brought forward from the previous period14P€64k€-6k▼
Transfer to equity691/2-€18k
To other reserves6921-€18k
Social balance
Average headcount (FTE)90875.7-
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
2025
11-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · BAUW BV DUWIJCKSTRAAT 17, 2500 LIER · event 07-04-2025
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series.
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 131 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lier · 1 establishment unit since 1996
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.
Duwijckstraat 172500 LierGround area
5.6 ha
Building footprint
2.3 ha
Volume, LiDAR
252,228 m³
Parcel 12392A0300/00C000, Flanders · tallest building 20.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BaUW
since 19962.070.574.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0300/00C000 | Flanders | 5.6 ha | 1 · 2.3 ha | 20.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBET JACOBS GROENE LAAN 47, 2830 WILLE-
BROEK |
07-04-2025 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.