BAYARD-TRADING
ActiveSummary
BAYARD-TRADING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €63k and a net result of €4k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+20
Solvency74▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.09 in 2023; short-term debt: 36.2% and cash: 4.9% of total assets), and 51.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · 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
48.5%
Return on assets
3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-10-2025, 66 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
66 d late
2023
153 d late
2022
69 d late
2021
162 d late
2020
89 d late
2019
121 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€63k▲ 6.7%
2023 · €59k
2018: €84k
2019: €79k
2020: €70k
2021: €86k
2022: €70k
2023: €59k
2018 → 2024
Total assets
€131k▼ 2.9%
2023 · €135k
2018: €209k
2019: €200k
2020: €193k
2021: €185k
2022: €149k
2023: €135k
2018 → 2024
Net result
€4k
2023 · €-11k
2018: €-3k
2019: €-5k
2020: €-8k
2021: €16k
2022: €-16k
2023: €-11k
2018 → 2024
Working capital
€-41k▲ 9.4%
2023 · €-45k
2018: €-14k
2019: €-8k
2020: €-3k
2021: €-43k
2022: €-53k
2023: €-45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€86k▲ 23.1%€70k▼ 18.4%€59k▼ 15.2%€63k▲ 6.7%
Operating result€10k-€13k▲ 23.0%€-19k€1k€6k▲ 449%
Net result€-8k-€16k€-16k€-11k▲ 32.2%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 449% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131k
Fixed assets
€124k ▼ 4.4%
Current assets
€6k ▲ 38.2%
Equity and liabilities €131k
Equity
€63k ▲ 6.7%
Debt
€67k ▼ 10.5%
Debt's share of the balance-sheet total falls from 55.8% to 51.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2023 · €7k
Cash flow
€10k▲
2023 · €-5k
Current ratio
0.13▲
2023 · 0.09
Debt to equity
1.06▼
2023 · 1.26
ROE
6.2%▲
2023 · -18.0%
ROA
3.0%▲
2023 · -7.9%
Interest coverage
13.84▲
2023 · 5.26
Debt ≤ 1 year
€47k▼
2023 · €50k
Debt > 1 year
€16k▼
2023 · €20k
Income taxes
€776▼
2023 · €10k
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€135k€131k▼
Fixed assets21/28€130k€124k▼
Tangible fixed assets22/27€130k€124k▼
Land and buildings22€127k€123k▼
Plant, machinery and equipment23€3k€2k▼
Financial fixed assets28€237€237=
Current assets29/58€5k€6k▲
Cash at bank and in hand54/58€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€135k€131k▼
Equity10/15€59k€63k▲
Contributions10/11€37k€37k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€20k€24k▲
Amounts payable17/49€75k€67k▼
Amounts payable after more than one year17€20k€16k▼
Financial debts170/4€20k€16k▼
Amounts payable within one year42/48€50k€47k▼
Current portion of amounts payable after more than one year42€6k€4k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€294€756▲
Taxes450/3€294€756▲
Other amounts payable47/48€42k€40k▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€474-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€11k€14k▲
Operating profit (loss)9901€1k€6k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€1k€812▼
Recurring financial charges65€1k€812▼
Profit (loss) for the period before taxes9903€-266€5k▲
Income taxes67/77€10k€776▼
Profit (loss) for the period9904€-11k€4k▲
Profit (loss) for the period to be appropriated9905€-11k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€24k▲
Profit (loss) brought forward from the previous period14P€31k€20k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 66 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 162 days late
2022
31-12
Financial
Weakest financial yearnet €-16k ▼198%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ittre · 1 establishment unit since 2002
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.
Rue du Sart 511460 IttreGround area
1,470 m²
Building footprint
694 m²
Volume, LiDAR
3,878 m³
Parcel 25044A0354/02_000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Sart 51, 1460 Ittre
since 20022.114.150.137
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044A0354/02_000 | Wallonia | 1,470 m² | 1 · 694 m² | 7.1 m · 2 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.
Similar companies · same sector, comparable size
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IMMO DAVY
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Visé · Eq €63,558
Sustain Immo AS
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VIA DAM
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,654 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 (pre-2019)
Founded27-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.