BAWA
ActiveSummary
The computed 12-month bankruptcy probability of BAWA is 2.0% (moderate). The 2025 annual accounts show equity of €63k and a net result of €19k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 18280 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency93▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 2.35 in 2024; short-term debt: 32.1% and cash: 16.7% of total assets), and 32.1% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
20.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 6 filingsDeviation from the deadline
2025
12 d late
2024
3 d early
2023
127 d late
2022
7 d late
2021
4 d early
2020
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 43.8%
2024 · €44k
2020: €25k
2021: €27k
2022: €21k
2023: €8k
2024: €44k
2020 → 2025
Total assets
€93k▲ 31.1%
2024 · €71k
2020: €71k
2021: €65k
2022: €45k
2023: €58k
2024: €71k
2020 → 2025
Net result
€19k▼ 47.0%
2024 · €36k
2020: €17k
2021: €2k
2022: €-6k
2023: €-13k
2024: €36k
2020 → 2025
Working capital
€57k▲ 56.3%
2024 · €36k
2020: €6k
2021: €10k
2022: €10k
2023: €-1k
2024: €36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€21k▼ 22.9%€8k▼ 63.3%€44k▲ 476%€63k▲ 43.8%
Operating result€4k-€-6k€-12k▼ 121%€43k€25k▼ 42.7%
Net result€2k-€-6k€-13k▼ 112%€36k€19k▼ 47.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€6k ▼ 17.3%
Current assets
€87k ▲ 36.8%
Equity and liabilities €93k
Equity
€63k ▲ 43.8%
Debt
€30k ▲ 10.4%
Debt's share of the balance-sheet total falls from 38.1% to 32.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €44k
Cash flow
€20k▼
2024 · €38k
Current ratio
2.91▲
2024 · 2.35
Quick ratio
0.67▼
2024 · 0.74
Debt to equity
0.47▼
2024 · 0.62
ROE
30.5%▼
2024 · 82.7%
ROA
20.7%▼
2024 · 51.2%
Interest coverage
138.99▼
2024 · 146.26
Debt ≤ 1 year
€30k▲
2024 · €27k
Income taxes
€5k▼
2024 · €6k
Staff costs
€25k▲
2024 · €22k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€93k▲
Formation expenses20-€0
Fixed assets21/28€7k€6k▼
Intangible fixed assets21€3k€2k▼
Financial fixed assets28€4k€4k=
Current assets29/58€63k€87k▲
Stocks and contracts in progress3€43k€67k▲
Stocks30/36€43k€67k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€3k€3k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€13k€15k▲
Deferred charges and accrued income490/1€226€115▼
Equity and liabilities
Total equity and liabilities10/49€71k€93k▲
Equity10/15€44k€63k▲
Contributions10/11€8k€8k=
Reserves13-€19k
Distributable reserves133-€19k
Profit (loss) carried forward14€36k€36k=
Amounts payable17/49€27k€30k▲
Amounts payable within one year42/48€27k€30k▲
Trade debts44€5k€130▼
Suppliers440/4€5k€130▼
Taxes, remuneration and social security45€20k€26k▲
Taxes450/3€7k€21k▲
Remuneration and social security454/9€12k€6k▼
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€22k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€69k€54k▼
Operating profit (loss)9901€43k€25k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€303€186▼
Recurring financial charges65€303€186▼
Profit (loss) for the period before taxes9903€43k€24k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€36k€19k▼
Profit (loss) for the period to be appropriated9905€36k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€55k▲
Profit (loss) brought forward from the previous period14P€-404€36k▲
Transfer to equity691/2-€19k
To other reserves6921-€19k
The notes to these accounts (5 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.35
Current ratio from 0.97 to 2.35; short-term debt falls from €50k to €27k.
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial 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, Herselt · 2 establishment units since 2020
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.
Dorp 592230 HerseltGround area
769 m²
Building footprint
534 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
Dorp 59, 2230 Herselt
since 20202.302.048.342
BAWA-Blauberg
since 20202.302.950.145
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13392M0519/00V000 | Flanders | 443 m² | 1 · 375 m² | - |
| 13013E0425/00V006 | Flanders | 327 m² | 1 · 159 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHerselt2.302.048.342
Herselt2.302.950.145
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 4,667 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
Founded06-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.