BAYER PROJECTEN
Active1 interim measureSummary
The file of BAYER PROJECTEN contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 11.2% (high). The 2024 annual accounts show negative equity (€-15k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 36375 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability29▼-39
Solvency20▼-5
Growth32=
Track record80
Bankruptcy probability, 12 months
11.2%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.63 in 2023; short-term debt: 90.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-4.6%
Return on assets
-4.6%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
20212324
2020 to 2024 · latest year €-15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
76 d late
2023
203 d late
2022
185 d late
2021
52 d early
2020
33 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-15k
2023 · €155
Total assets
€338k▲ 9.5%
2023 · €308k
Net result
€-16k▼ 533%
2023 · €-2k
Working capital
€-91k▲ 6.0%
2023 · €-96k
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
Line2020202120232024
Operating result€6k-€53k▲ 730%€119-€-10k
Net result€6k-€39k▲ 557%€-2k-€-16k▼ 533%
Equity€8k-€39k▲ 389%€155-€-15k
Total assets€27k-€138k▲ 411%€308k-€338k▲ 9.5%
Debt€19k-€99k▲ 420%€308k-€353k▲ 14.6%
Working capital€8k-€7k▼ 10.1%€-96k-€-91k▲ 6.0%
Staff (FTE)3.63
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €119 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €338k
Fixed assets
€122k ▼ 14.9%
Current assets
€216k ▲ 30.7%
Key figures and ratios
EBITDA
€12k▼
2023 · €25k
Cash flow
€6k▼
2023 · €22k
Solvency
-4.6%▼
2023 · 0.1%
Current ratio
0.70▲
2023 · 0.63
Debt to equity
-22.91
ROA
-4.6%▼
2023 · -0.8%
Interest coverage
1.97▼
2023 · 9.55
Debt ≤ 1 year
€306k▲
2023 · €262k
Debt > 1 year
€47k=
2023 · €47k
Staff costs
€138k▼
2023 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €135k | €149k | €138k | ▼ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €9k | €25k | €21k | ▼ 12.8% |
| Other operating charges640/8 | - | €5k | €5k | €9k | ▲ 84.8% |
| Gross operating margin9900 | €7k | €202k | €179k | €160k | ▼ 10.7% |
| Operating profit (loss)9901 | €6k | €53k | €119 | €-10k | ▼ 8,215% |
| Financial income75/76B | - | €1 | - | €49 | - |
| Recurring financial income75 | - | €1 | - | €49 | - |
| Financial charges65/66B | - | €1k | €3k | €6k | ▲ 130% |
| Recurring financial charges65 | €101 | €1k | €3k | €6k | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €6k | €52k | €-2k | €-16k | ▼ 533% |
| Income taxes67/77 | €418 | €13k | - | - | - |
| Profit (loss) for the period9904 | €6k | €39k | €-2k | €-16k | ▼ 533% |
| Profit (loss) for the period to be appropriated9905 | €6k | €39k | €-2k | €-16k | ▼ 533% |
| Line | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €27k | €138k | €308k | €338k | ▲ 9.5% |
| Fixed assets21/28 | - | €31k | €143k | €122k | ▼ 14.9% |
| Tangible fixed assets22/27 | - | €31k | €58k | €37k | ▼ 36.8% |
| Furniture and vehicles24 | - | €31k | €9k | €614 | ▼ 93.4% |
| Leasing and similar rights25 | - | - | €49k | €36k | ▼ 26.0% |
| Financial fixed assets28 | - | - | €85k | €85k | = |
| Current assets29/58 | €27k | €106k | €165k | €216k | ▲ 30.7% |
| Stocks and contracts in progress3 | - | - | €46k | - | - |
| Stocks30/36 | - | - | €9k | - | - |
| Contracts in progress37 | - | - | €38k | - | - |
| Amounts receivable within one year40/41 | €22k | €106k | €117k | €214k | ▲ 82.3% |
| Trade receivables40 | - | €86k | €46k | €123k | ▲ 168% |
| Other amounts receivable41 | - | €20k | €71k | €91k | ▲ 27.0% |
| Cash at bank and in hand54/58 | €5k | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €1k | €2k | ▲ 44.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €27k | €138k | €308k | €338k | ▲ 9.5% |
| Equity10/15 | €8k | €39k | €155 | €-15k | ▼ 10,068% |
| Contributions10/11 | - | €2k | €2k | €2k | = |
| Outside capital11 | - | - | €2k | €2k | = |
| Share premium1100/10 | - | - | - | €2k | - |
| Other1109/19 | - | - | €2k | - | - |
| Profit (loss) carried forward14 | €6k | €37k | €-2k | €-17k | ▼ 843% |
| Amounts payable17/49 | €19k | €99k | €308k | €353k | ▲ 14.6% |
| Amounts payable after more than one year17 | - | - | €47k | €47k | = |
| Financial debts170/4 | - | - | €47k | €47k | = |
| Amounts payable within one year42/48 | €19k | €99k | €262k | €306k | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | €10k | €4k | ▼ 62.0% |
| Financial debts43 | - | €10k | €19k | €16k | ▼ 14.1% |
| Credit institutions430/8 | - | €10k | €19k | €16k | ▼ 14.1% |
| Trade debts44 | €4k | €45k | €3k | €28k | ▲ 1,008% |
| Suppliers440/4 | - | €45k | €3k | €28k | ▲ 1,008% |
| Taxes, remuneration and social security45 | - | €38k | €54k | €88k | ▲ 63.9% |
| Taxes450/3 | - | €20k | €54k | €55k | ▲ 2.3% |
| Remuneration and social security454/9 | - | €19k | - | €33k | - |
| Other amounts payable47/48 | - | €6k | €176k | €171k | ▼ 3.1% |
| Line | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €39k | €-2k | €-16k | ▼ 533% |
| + Depreciation and write-downs630 | - | €9k | €25k | €21k | ▼ 12.8% |
| Operating cash flow (approximation) | €6k | €47k | €22k | €6k | ▼ 73.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
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
2026
15-05
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 203 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 185 days late
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €39k ▲557%
Operating result €53k, net result €39k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Niklaas · 1 establishment unit since 2020
Ground area
397 m²
Building footprint
99 m²
Volume, LiDAR
635 m³
Parcel 46444D0671/00A000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAYER PROJECTEN
since 20202.299.214.160
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0671/00A000 | Flanders | 397 m² | 1 · 99 m² | 10.9 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesBAYER PROJECTEN BV44232
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Of 7,867 companies in sector 43341 we hold annual accounts for 2,663. 57 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
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43342Specialised construction activities
25510Coating of metals
42110Construction of roads and motorways
43120Site preparation
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.