BAUWENS
ActiveSummary
BAUWENS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-214k) and a net result of €27k. Equity is shrinking by ~12% per year across the filed fiscal years. Its solvency ranks better than 7% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+34
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.06 in 2023; short-term debt: 262.1% and cash: 0.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-162.1%
Return on assets
20.6%
Age of the figures
21 mo
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
68 d late
2022
191 d late
2021
514 d late
2020
51 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-214k▲ 11.3%
2023 · €-241k
2018: €-106k
2019: €-129k
2020: €-148k
2021: €-157k
2022: €-236k
2023: €-241k
2018 → 2024
Total assets
€132k▼ 4.4%
2023 · €138k
2018: €13k
2019: €11k
2020: €6k
2021: €17k
2022: €205k
2023: €138k
2018 → 2024
Net result
€27k
2023 · €-5k
2018: €-20k
2019: €-23k
2020: €-19k
2021: €-9k
2022: €-79k
2023: €-5k
2018 → 2024
Working capital
€-313k▲ 12.1%
2023 · €-356k
2018: €-105k
2019: €-130k
2020: €-148k
2021: €-161k
2022: €-367k
2023: €-356k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-148k-€-157k▼ 6.3%€-236k▼ 50.0%€-241k▼ 2.2%€-214k▲ 11.3%
Operating result€-18k-€-8k▲ 58.9%€-77k▼ 914%€-3k▲ 95.6%€28k
Net result€-19k-€-9k▲ 50.5%€-79k▼ 746%€-5k▲ 93.4%€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €28k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets
€99k ▼ 13.9%
Current assets
€33k ▲ 41.9%
Key figures and ratios
EBITDA
€44k▲
2023 · €12k
Cash flow
€43k▲
2023 · €11k
Solvency
-162.1%▲
2023 · -174.7%
Current ratio
0.10▲
2023 · 0.06
Quick ratio
0.09▲
2023 · 0.05
Debt to equity
-1.62▼
2023 · -1.57
ROA
20.6%▲
2023 · -3.7%
Interest coverage
82.98▲
2023 · 5.66
Debt
€346k▼
2023 · €380k
Debt ≤ 1 year
€346k▼
2023 · €380k
Income taxes
€-10▼
2023 · €163
Staff costs
€91k▼
2023 · €101k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€138k€132k▼
Fixed assets21/28€115k€99k▼
Intangible fixed assets21€1k€889▼
Tangible fixed assets22/27€113k€98k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€1k€619▼
Other tangible fixed assets26€108k€95k▼
Current assets29/58€23k€33k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€19k€30k▲
Trade receivables40€14k€20k▲
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€2k€391▼
Equity and liabilities
Total equity and liabilities10/49€138k€132k▼
Equity10/15€-241k€-214k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-260k€-233k▲
Amounts payable17/49€380k€346k▼
Amounts payable within one year42/48€380k€346k▼
Trade debts44€87k€37k▼
Suppliers440/4€87k€37k▼
Taxes, remuneration and social security45€43k€27k▼
Taxes450/3€13k€13k▼
Remuneration and social security454/9€30k€15k▼
Other amounts payable47/48€250k€282k▲
Income statement
Code20232024
Remuneration, social security and pensions62€101k€91k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€115k€136k▲
Operating profit (loss)9901€-3k€28k▲
Financial income75/76B€601€122▼
Recurring financial income75€601€122▼
Financial charges65/66B€2k€525▼
Recurring financial charges65€2k€525▼
Profit (loss) for the period before taxes9903€-5k€27k▲
Income taxes67/77€163€-10▼
Profit (loss) for the period9904€-5k€27k▲
Profit (loss) for the period to be appropriated9905€-5k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-260k€-233k▲
Profit (loss) brought forward from the previous period14P€-255k€-260k▼
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after 6 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 191 days late
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 514 days late
2022
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deinze · 1 establishment unit since 2004
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.
Gaversesteenweg 169800 DeinzeGround area
574 m²
Building footprint
187 m²
Volume, LiDAR
1,268 m³
Parcel 44054A0478/00P000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tafel Zestien
since 20042.139.030.538
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054A0478/00P000 | Flanders | 574 m² | 1 · 187 m² | 10.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeinze2.139.030.538
Similar companies · same sector and region
B.me Science
BE 1019.351.521
Deinze
Bien Bio
BE 0703.973.639
Deinze
BIOtaste
BE 0693.979.867
Deinze
Insentials
BE 0765.136.889
Deinze
NUTRI-BEL
BE 0473.263.493
Deinze
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,476 companies in sector 47279 we hold annual accounts for 950. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47279Other retail sale of food
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.