BAW
ActiveSummary
BAW has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,683 and a net result of -€28,387. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 46% of 2591 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-3
Solvency60▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.14 in 2024; short-term debt: 22.7% and cash: 12.2% of total assets), and 65.1% 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 · 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
34.9%
Return on assets
-12.8%
Age of the figures
18 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€28,387
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
6 d early
2023
on the day
2022
1 d early
2021
2 d early
2020
4 d late
2019
42 d early
← 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 7 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 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, micro schema
In the rankings
#6 oldest company in Wevelgem, Other services sector
Equity
€77,683▼ 26.8%
2024 · €106,070
Total assets
€222,310▼ 29.9%
2024 · €317,084
Net result
-€28,387▲ 5.6%
2024 · -€30,077
Working capital
-€2,425
2024 · €14,865
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€18,846▲ 74.3%-€6,009€18,970-€23,115-€20,692▲ 10.5%
Net result€11,941▲ 252%-€11,899€13,235-€30,077-€28,387▲ 5.6%
Equity€128,560▲ 10.2%€116,662▼ 9.3%€136,147▲ 16.7%€106,070▼ 22.1%€77,683▼ 26.8%
Total assets€401,126▲ 1.4%€352,721▼ 12.1%€361,417▲ 2.5%€317,084▼ 12.3%€222,310▼ 29.9%
Debt€272,566▼ 2.4%€236,059▼ 13.4%€225,270▼ 4.6%€211,013▼ 6.3%€144,627▼ 31.5%
Working capital€84,130▲ 3.6%€71,098▼ 15.5%€44,285▼ 37.7%€14,865▼ 66.4%-€2,425
Staff (FTE)0.2▼ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20,692 in 2025 against €23,115 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222,310
Fixed assets
€174,293 ▼ 11.2%
Current assets
€48,018 ▼ 60.2%
Equity and liabilities €222,310
Equity
€77,683 ▼ 26.8%
Debt
€144,627 ▼ 31.5%
Debt's share of the balance-sheet total falls from 66.5% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,342▲
2024 · -€472
Cash flow
-€6,354▲
2024 · -€7,433
Current ratio
0.95▼
2024 · 1.14
Quick ratio
0.64▼
2024 · 0.97
Debt to equity
1.86▼
2024 · 1.99
ROE
-36.5%▼
2024 · -28.4%
ROA
-12.8%▼
2024 · -9.5%
Interest coverage
0.17▲
2024 · -0.07
Debt ≤ 1 year
€50,442▼
2024 · €105,893
Debt > 1 year
€88,429▼
2024 · €100,252
Staff costs
€359=
2024 · €359
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 5,827 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 | - | - | €46,840 | - | - | - |
| Remuneration, social security and pensions62 | - | €583 | €359 | €359 | €359 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,457 | €13,788 | €19,844 | €22,643 | €22,033 | ▼ 2.7% |
| Other operating charges640/8 | - | €6,235 | €8,530 | €5,336 | €8,642 | ▲ 62.0% |
| Gross operating margin9900 | €42,857 | €14,597 | €47,703 | €5,224 | €10,343 | ▲ 98.0% |
| Operating profit (loss)9901 | €18,846 | -€6,009 | €18,970 | -€23,115 | -€20,692 | ▲ 10.5% |
| Financial income75/76B | - | €23 | - | €7 | - | - |
| Recurring financial income75 | €1 | €23 | - | €7 | - | - |
| Financial charges65/66B | - | €5,912 | €5,632 | €6,968 | €7,695 | ▲ 10.4% |
| Recurring financial charges65 | €6,906 | €5,912 | €5,632 | €6,968 | €7,693 | ▲ 10.4% |
| Non-recurring financial charges66B | - | - | - | - | €3 | - |
| Profit (loss) for the period before taxes9903 | €11,941 | -€11,899 | €13,338 | -€30,077 | -€28,387 | ▲ 5.6% |
| Income taxes67/77 | €0 | €0 | €103 | €0 | - | - |
| Profit (loss) for the period9904 | €11,941 | -€11,899 | €13,235 | -€30,077 | -€28,387 | ▲ 5.6% |
| Profit (loss) for the period to be appropriated9905 | €11,941 | -€11,899 | €13,235 | -€30,077 | -€28,387 | ▲ 5.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €401,126 | €352,721 | €361,417 | €317,084 | €222,310 | ▼ 29.9% |
| Fixed assets21/28 | €188,745 | €174,956 | €209,418 | €196,326 | €174,293 | ▼ 11.2% |
| Tangible fixed assets22/27 | €188,535 | €174,747 | €209,263 | €196,172 | €174,138 | ▼ 11.2% |
| Land and buildings22 | - | €153,239 | €149,404 | €151,036 | €143,115 | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €2,120 | €610 | - | - | - |
| Furniture and vehicles24 | - | €19,387 | €59,249 | €45,136 | €31,024 | ▼ 31.3% |
| Financial fixed assets28 | €210 | €210 | €154 | €154 | €154 | = |
| Current assets29/58 | €212,382 | €177,765 | €152,000 | €120,757 | €48,018 | ▼ 60.2% |
| Stocks and contracts in progress3 | €117,153 | €65,277 | €24,843 | €17,852 | €15,630 | ▼ 12.4% |
| Stocks30/36 | - | €65,277 | €24,843 | €17,852 | €15,630 | ▼ 12.4% |
| Amounts receivable within one year40/41 | €3,958 | €9,631 | €7,548 | €4,082 | €5,368 | ▲ 31.5% |
| Trade receivables40 | - | €9,631 | €7,548 | €4,082 | €5,368 | ▲ 31.5% |
| Cash at bank and in hand54/58 | €91,271 | €102,857 | €119,609 | €97,712 | €27,020 | ▼ 72.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,111 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €401,126 | €352,721 | €361,417 | €317,084 | €222,310 | ▼ 29.9% |
| Equity10/15 | €128,560 | €116,662 | €136,147 | €106,070 | €77,683 | ▼ 26.8% |
| Contributions10/11 | - | €106,000 | €106,000 | €106,000 | €106,000 | = |
| Reserves13 | €34,904 | €34,904 | €34,904 | €34,904 | €34,904 | = |
| Non-distributable reserves130/1 | - | €4,904 | €4,904 | €4,904 | €4,904 | = |
| Reserves not available under the articles1311 | - | €4,904 | €4,904 | €4,904 | €4,904 | = |
| Distributable reserves133 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€12,343 | -€24,242 | -€4,757 | -€34,833 | -€63,220 | ▼ 81.5% |
| Amounts payable17/49 | €272,566 | €236,059 | €225,270 | €211,013 | €144,627 | ▼ 31.5% |
| Amounts payable after more than one year17 | €138,335 | €123,400 | €111,584 | €100,252 | €88,429 | ▼ 11.8% |
| Financial debts170/4 | - | €123,400 | €111,584 | €100,252 | €88,429 | ▼ 11.8% |
| Amounts payable within one year42/48 | €128,251 | €106,667 | €107,715 | €105,893 | €50,442 | ▼ 52.4% |
| Current portion of amounts payable after more than one year42 | - | €11,330 | €11,654 | €11,330 | €11,330 | = |
| Trade debts44 | €24,078 | €5,621 | €8,722 | €6,105 | €2,780 | ▼ 54.5% |
| Suppliers440/4 | - | €5,621 | €8,722 | €6,105 | €2,780 | ▼ 54.5% |
| Taxes, remuneration and social security45 | - | €3,572 | €3,203 | €2,747 | €2,228 | ▼ 18.9% |
| Taxes450/3 | - | €3,572 | €3,203 | €2,747 | €2,228 | ▼ 18.9% |
| Other amounts payable47/48 | - | €86,144 | €84,136 | €85,711 | €34,104 | ▼ 60.2% |
| Accrued charges and deferred income492/3 | - | €5,993 | €5,971 | €4,868 | €5,756 | ▲ 18.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,941 | -€11,899 | €13,235 | -€30,077 | -€28,387 | ▲ 5.6% |
| + Depreciation and write-downs630 | €14,457 | €13,788 | €19,844 | €22,643 | €22,033 | ▼ 2.7% |
| Operating cash flow (approximation) | €26,398 | €1,889 | €33,079 | -€7,433 | -€6,354 | ▲ 14.5% |
| Investment in fixed assets (approximation) | - | €0 | -€54,305 | -€9,552 | €0 | ▲ 100% |
| Change in cash | - | €11,586 | €16,752 | -€21,897 | -€70,692 | ▼ 223% |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€30,077
Net result drops to -€30,077, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €13,235
Net result €13,235 after one loss-making year.
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
31-03
Financial
Back to profitnet €3,394
Net result €3,394 after one loss-making year.
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-10
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 2 acts read
About the unread acts
We know of 2 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
2 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, Wevelgem · 1 establishment unit since 1984
Ground area
943 m²
Building footprint
197 m²
Volume, LiDAR
924 m³
Parcel 34302B0927/00C007, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kortrijkstraat 377, 8560 Wevelgem
since 19842.024.419.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0927/00C007 | Flanders | 943 m² | 1 · 197 m² | 7.8 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
CK Garage
BE 0802.173.667
Beauvechain · Eq €77,670
GARAGE AUTO PARS
BE 0860.511.249
Oudergem · Eq €77,801
GARAGE HAYT
BE 0463.727.997
Frasnes-lez-Anvaing · Eq €77,545
MCK GROUP
BE 0804.971.029
Mouscron · Eq €77,864
MAROP
BE 0430.217.566
Brugge · Eq €77,865
Of 7,378 companies in sector 95311 we hold annual accounts for 2,961. 2,254 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
Founded05-03-1984
Fiscal year end31-03
Trade name NL
Best-Auto's
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425501782
Also
9925:BE0425501782
Registered
30-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.