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BAYER PROJECTEN

Active1 interim measure
Private limited companyfounded 2020active for 6 yearsKardinaal Cardijnlaan 49, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0742.989.910
Summary

The file of BAYER PROJECTEN contains 1 interim measure, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 15.8% (high). The 2024 annual accounts show negative equity (-€15,410) and a net result of -€15,565. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 35,969 sector peers (NACE 43, financial year 2024).

Overview

Official details

Source: KBO
Status
Active since 06-02-2020 Normal situation
Activity
Painting of buildings NACE 43341and 13 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.299.214.160 9100 Sint-Niklaas, since 06-02-2020
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board
  • Bayer OsmanDirector

Financial position

13 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
15.8%
Annual accounts 2024
Gross margin
€159,524
▼ 10.7%
Turnover
≈ €530,000
estimated
Loss
€15,565
▲ 533%
Equity
-€15,410
Total assets
€337,633
▲ 9.5%
Employees on 31-12-2024
7
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 15-10-2025)Liquidity: current ratio 0.70Show the evidence

Checked score

Score 2024
13 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 6% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 20-5
equity -4.6% of total assets
Liquidity 0-6
short-term debt 90.8%
Profitability 29-39
return on assets -4.6%
Bankruptcy probability within 12 months
15.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 13.9% 01-2025: 16.0%▲ +2.1 percentage points vs 12-2024 02-2025: 16.0%● unchanged vs 01-2025 03-2025: 13.2%▼ -2.8 percentage points vs 02-2025 04-2025: 14.1%▲ +0.9 percentage points vs 03-2025 05-2025: 14.0%▼ -0.1 percentage points vs 04-2025 06-2025: 13.9%▼ -0.1 percentage points vs 05-2025 07-2025: 13.3%▼ -0.6 percentage points vs 06-2025 08-2025: 13.5%▲ +0.2 percentage points vs 07-2025 09-2025: 14.5%▲ +1.0 percentage point vs 08-2025 10-2025: 18.3%▲ +3.8 percentage points vs 09-2025highest value 11-2025: 8.7%▼ -9.6 percentage points vs 10-2025 12-2025: 8.8%▲ +0.1 percentage points vs 11-2025 01-2026: 14.8%▲ +6.0 percentage points vs 12-2025 02-2026: 14.8%● unchanged vs 01-2026 03-2026: 8.7%▼ -6.1 percentage points vs 02-2026lowest value 04-2026: 8.9%▲ +0.2 percentage points vs 03-2026 05-2026: 9.0%▲ +0.1 percentage points vs 04-2026 06-2026: 10.6%▲ +1.6 percentage points vs 05-2026 07-2026: 10.1%▼ -0.5 percentage points vs 06-2026 08-2026: 11.0%▲ +0.9 percentage points vs 07-2026 09-2026: 12.0%▲ +1.0 percentage point vs 08-2026 10-2026: 15.8%▲ +3.8 percentage points vs 09-2026 11-2026: 15.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.7 (0.63 in 2023), below 1. Short-term debt is 90.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 7% of them on solvency, 1% on liquidity, 16% on profitability and 0% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Eight signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 15-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.70
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€15,410
raises risk · Interim administration
1 publication on interim administration in the Belgian Official Gazette. An early signal, not a finding of bankruptcy.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 76 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
76 days late
2023
203 days late
2022
185 days late
2021
52 days early
2020
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 76 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€15,410 View
  • Caution: Less equity than 95% of companies in specialised constructionsector median €58,292 · 35,986 companies -€15,410 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€15,565 View

Recent changes

  1. · Interim measure Provisional administratorEnterprise Court of Ghent · interim administrator: Kenny Marien
  2. · Gazette deed Registered office moved from Temse to Sint-NiklaasNew seat: Kardinaal Cardijnlaan 49, 9100 Sint-Niklaas · Previous seat: Spoorweglaan 36, 9140 Temse
  3. · Gazette deed Registered office moved from Sint-Niklaas to TemseNew seat: Spoorweglaan 36 te 9140 Temse · Previous seat: Kardinaal Cardijnlaan 49 te 9100 Sint-Niklaas
All 14 events

Comparable companies

These companies have the same main activity as BAYER PROJECTEN: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €264,000 and €430,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
BAYER PROJECTEN Sint-Niklaas€337,633€159,524
JRDECO Waterloo€350,748€182,360
RS TEAM Wemmel€368,815€180,771
AM PEINTURE Saint-Nicolas€313,102€136,660
Steven Van Goethem Sint-Niklaas€264,316€106,964
DECO-OOST Merelbeke-Melle€430,387€157,669
Martygroep Lokeren€293,595€153,407
Full comparison

Key facts about BAYER PROJECTEN

What is the company number of BAYER PROJECTEN?
The company number of BAYER PROJECTEN is 0742.989.910. The VAT number is the same number with BE in front: BE 0742.989.910.
Where is BAYER PROJECTEN based?
The registered office is at Kardinaal Cardijnlaan 49, 9100 Sint-Niklaas.Company details
What does BAYER PROJECTEN do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of BAYER PROJECTEN?
The legal form of BAYER PROJECTEN is Private limited company (BV).
When was BAYER PROJECTEN founded?
BAYER PROJECTEN was founded on 06-02-2020.
Is BAYER PROJECTEN still active?
Yes, BAYER PROJECTEN is an active enterprise in the KBO register.
How many employees does BAYER PROJECTEN have?
BAYER PROJECTEN had an average of 3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does BAYER PROJECTEN fall under?
In its 2024 annual accounts, BAYER PROJECTEN states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw), 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of BAYER PROJECTEN?
The turnover in financial year 2024 is ≈ €530,000. This figure is estimated from the gross margin of €159,524 and 62 comparable companies (NACE 433). It probably lies between €370,000 and €790,000. In financial year 2022 turnover was €955,428.
Is BAYER PROJECTEN profitable?
In financial year 2024, BAYER PROJECTEN made a loss of €15,565.
Where can I find the annual accounts of BAYER PROJECTEN?
BAYER PROJECTEN filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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