Financials
- Fiscal year
- 2024
- Total assets
- €19,092
- Loss
- -€8,559
- Solvency
- -83.6%
Total assets▲ 35.0%
Net result
20232024
Bayofix
ActiveSummary
The computed 12-month bankruptcy probability of Bayofix is 6.2% (elevated). The 2024 annual accounts show negative equity (-€15,957) and a net result of -€8,559. Its solvency ranks better than 5% of 36365 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General electrical installation work
NACE 43211
1 site
How big
€19,092total assets 2024
- Equity
- -€15,957
- Loss
- -€8,559
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 34- Figures for FY 2024 (filed 18-07-2025)- 1 change of registered office in 24 months+ Size: total assets €19,092+ Liquidity: current ratio 1.24, cash €7,862Show the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 20% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -83.6% of total assets
Liquidity
73+23
short-term debt 52.6% · cash 41.2%
Profitability
0=
return on assets -44.8%
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 18-07-2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- Size: total assets €19,092 lowers the probability for this profile
- Liquidity: current ratio 1.24, cash €7,862 lowers the probability
No credit on open account
Liquidity tight (current ratio 1.24 against 0.66 in 2023; short-term debt: 52.6% and cash: 41.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 72%, profitability 4%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€15,957
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
- 17-07-2025Annual accounts filed
- 18-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 02-12-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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