BAVAN Delicacies
ActiveBAVAN Delicacies has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-15k) and a net result of €36k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.12 in 2024; short-term debt: 135.5% and cash: 76.9% of total assets), and equity is negative.
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
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-35.5%
Return on assets
87.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11323 sector peers (2025).
NBB · sector comparisonPosition among 11323 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
1 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-15k▲ 71.1%
2024 · €-51k
2018: €42k
2019: €-28k
2020: €-45k
2021: €-31k
2022: €-38k
2023: €-50k
2024: €-51k
2018 → 2025
Total assets
€41k▲ 509%
2024 · €7k
2018: €226k
2019: €22k
2020: €6k
2021: €14k
2022: €15k
2023: €6k
2024: €7k
2018 → 2025
Net result
€36k
2024 · €-1k
2018: €50k
2019: €-71k
2020: €-17k
2021: €14k
2022: €-7k
2023: €-11k
2024: €-1k
2018 → 2025
Working capital
€-15k▲ 71.1%
2024 · €-51k
2018: €42k
2019: €-31k
2020: €-48k
2021: €-33k
2022: €-39k
2023: €-50k
2024: €-51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-31k-€-38k▼ 21.8%€-50k▼ 29.8%€-51k▼ 2.7%€-15k▲ 71.1%
Operating result€14k-€-5k€-11k▼ 108%€1k€39k▲ 3,515%
Net result€14k-€-7k€-11k▼ 66.2%€-1k▲ 88.3%€36k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3,515% above 2024 and is the highest result in the available series.
Key figures and ratios
Solvency
-35.5%▲
2024 · -750.2%
Current ratio
0.74▲
2024 · 0.12
Quick ratio
0.74▲
2024 · 0.12
Debt / equity
-3.81▼
2024 · -1.13
ROA
87.6%▲
2024 · -19.5%
Debt
€56k▼
2024 · €58k
Debt ≤ 1 year
€56k▼
2024 · €58k
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€7k€41k▲
Current assets29/58€7k€41k▲
Amounts receivable within one year40/41€4k€10k▲
Trade receivables40-€9k
Other amounts receivable41€4k€122▼
Cash at bank and in hand54/58€3k€32k▲
Equity and liabilities
Total equity and liabilities10/49€7k€41k▲
Equity10/15€-51k€-15k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-71k€-35k▲
Amounts payable17/49€58k€56k▼
Amounts payable within one year42/48€58k€56k▼
Financial debts43€30k-
Credit institutions430/8€30k-
Other amounts payable47/48€28k€56k▲
Income statement
Code20242025
Other operating charges640/8€384€756▲
Gross operating margin9900€1k€40k▲
Operating profit (loss)9901€1k€39k▲
Financial income75/76B-€200
Recurring financial income75-€200
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-1k€36k▲
Profit (loss) for the period9904€-1k€36k▲
Profit (loss) for the period to be appropriated9905€-1k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-35k▲
Profit (loss) brought forward from the previous period14P€-70k€-71k▼
The notes to these accounts (3 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €36k
Net result €36k after 3 loss-making years.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €-71k ▼242%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
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.
Directors · office · real estate
Directors
no sitting director, no change since 2016
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-07-2016
David Vangroenderbeek: Resigned as Manager
25-07-2016
Philip De Corte: Resigned as Manager
25-07-2016
Tim Van Goethem: Resigned as Manager
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2016
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.
Onze-Lieve-Vrouwstraat 36A3020 HerentGround area
590 m²
Building footprint
263 m²
Volume, LiDAR
1,624 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BAVAN DELICACIES
since 20162.257.541.772
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24121E0657/00F004 | Flanders | 355 m² | 1 · 122 m² | 9.7 m · 2 fl. |
| 24423G0265/00V000 | Flanders | 235 m² | 1 · 140 m² | 12.0 m · 3 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 699 companies in sector 46392 we hold annual accounts for 486. 261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2006
Fiscal year end30-09
Activities, NACEBEL
46392Non-specialised wholesale
46391Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.