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BAW

Active Private limited companyfounded 1984active for 42 yearsKortrijkstraat 377, 8560 WevelgemKBO/BCE: BE 0425.501.782 #5 oldest company in Wevelgem, Other services sector

Lifetime

19 annual accounts with figures on one time axis, 40 filings since 1985
peak €84,606 (2014)
€10,343▲ 98.0%
lowest -€30,077 (2024)
-€28,387▲ €1,690
peak €163,476 (2015)
€77,683▼ 26.8%
€144,627▼ 31.5%
peak 1 FTE (2015)
-not published
Board1 name since 1984
- 
Documentsfilings and deeds
30-10-20251 day before the deadline
2025micro format
Gross margin from €5,224 to €10,343Loss of €28,387Equity from €106,070 to €77,683Debts from €211,013 to €144,627Cash from €97,712 to €27,020

Key points

from the 2025 annual accounts

Equity

€77,683 from €163,476 in 2015

Equity fell by 52% in 10 years.

Losses

-€58,464 in two years
-30,0772024-28,3872025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Position in the sector

-€28,387

Lower net result than 95% of companies in repair of computers and personal goods. Sector median €7,932 · 3,633 companies.

2026 accounts not filed, 12 days past the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as BAW has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,828 companies, not a prediction for BAW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0425501782
Company renamed from BEST-AUTO'S to BAW Change of role: , from statutory manager to statutory director · “Artikel3.Voorwerp” (deed in Dutch) · General meeting of 31-05-2022 · Gazette deed
Environmental permit refused Nieuwbouw of aanleggen · Wevelgem
First establishment Kortrijkstraat 377, Wevelgem
All 52 events

Comparable companies

same main activity, similar in size and age
Company
BAW Wevelgem €222,310 €10,343 34.9% -
FIVALO Roeselare €230,811 €9,580 -12.1% -
GARAGE BALLET - PUNIE Alken €232,418 €9,857 95.1% -
GARAGE DE LA PLANCHE Mouscron €249,171 €10,450 56.9% -
Etablissements REQUIER FILS Tournai €204,860 €13,466 86.6% -
PA Van Herreweghe Wichelen €206,915 €14,013 86.6% -
Garage Van Ermen Zaventem €248,451 €8,565 81.1% -

These companies have the same main activity as BAW: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €205,000 and €249,000, founded between 1987 and 1991.

Official details

Source: KBO
Status
Active since 05-03-1984Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 1 other
Joint committee
149.02Coachwork · annual accounts 31-03-2025
Establishment unit
2.024.419.7918560 Wevelgem, since 01-04-1984
Financial year end
31 March
Peppol
Reachable since 30-10-2025
Company details

Annual accounts to 31-03-2025

≈ €110,000estimated
€222,310▼ 29.9%
≈ 0 FTEestimated
Filing
Filed on 30-10-2025
Financials

Insights on BAW

BAW files the micro format. That format states no turnover. The gross margin fell from €34,886 in 2007 to €10,343 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BAW

What is the company number of BAW?
The company number of BAW is 0425.501.782. The VAT number is the same number with BE in front: BE 0425.501.782.
Where is BAW based?
The registered office is at Kortrijkstraat 377, 8560 Wevelgem.Company details
What does BAW do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of BAW?
BAW is a private limited company (BV).
When was BAW founded?
BAW was founded on 05-03-1984.
Is BAW still active?
Yes, BAW is an active enterprise in the KBO register.
How many employees does BAW have?
BAW had an average of 0.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does BAW fall under?
In its 31-03-2025 annual accounts, BAW states joint committee 149.02 (Coachwork).
What is the turnover of BAW?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €10,343 and 36 comparable companies (NACE 95311). It probably lies between €53,000 and €250,000. It is a rough estimate.
Is BAW profitable?
In financial year 2025, BAW made a loss of €28,387.
Where can I find the annual accounts of BAW?
BAW filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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