Active BE 0471.764.646Private limited company

BAZELLAND

Welvaartstraat 54A ·2000 Antwerpen, Belgium· 26 yrs active

Sector: Advertising & market research (73110)

Conclusion Checked

The computed 12-month bankruptcy probability of BAZELLAND is 0.5% (low). The 2024 annual accounts show equity of €182k and a net result of €-14k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 2540 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€182k
Net result	€-14k
Better than sector	93%
Active	26 yrs

Snowflake analysis 5 axes · computed by Checked

58 / 100

Mixed profile: strong on solvency, weaker on profitability.

Health 60

Profitability 0

Solvency 100

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 2000, 26 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

60 / 100 Healthy

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~7.8%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	90.6%	56.2%	better than 93% of 2540 sector peers
Net result	€-14k	€19k	better than 8% of 2542 sector peers
Equity	€182k	€43k	better than 88% of 2540 sector peers
Gross operating margin	€-10k	€37k	better than 5% of 2539 sector peers
Total assets	€201k	€93k	better than 77% of 2542 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-11k

-373.2% 18-24

Net profit

€-14k

+2.8% 18-24

Cash flow

€-13k

-174.1% 18-24

Total assets

€201k

-7.6% 18-24

Equity

€182k

-6.9% 18-24

Working capital

€176k

-7.4% 18-24

Income taxes

€8k

+1529.5% 18-24

Debt

€19k

-13.7% 18-24

Debt ≤ 1y

€19k

-13.7% 18-24

Debt > 1y

€73k

- 18-24

Current ratio

10.24

+6.6% 18-24

Quick ratio

10.24

+6.6% 18-24

Solvency

90.6%

+0.7% 18-24

Debt / equity

0.10

-7.3% 18-24

ROE

-7.4%

-4.4% 18-24

ROA

-6.7%

-5.2% 18-24

Interest coverage

-3.62

-335.5% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-11k
Net profit	€-14k
Cash flow	€-13k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€201k
Equity	€182k
Debt	€19k
of which ≤ 1y	€19k
of which > 1y	-
Working capital	€176k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	10.24
Quick ratio	10.24
Working capital ratio	87.1%
Solvency	90.6%
Debt / equity	0.10
Long-term debt ratio	-
Interest coverage	-3.62
Gross margin	-
Net margin	-
ROA	-6.7%
ROE	-7.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €7k · 3.4% Current assets €195k · 96.6%

Equity & liabilities

Equity €182k · 90.6% Debt €19k · 9.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€201k
Fixed assets	21/28	€7k
Tangible fixed assets	22/27	€7k
Financial fixed assets	28	€400
Current assets	29/58	€195k
Amounts receivable within one year	40/41	€10k
Cash & bank	54/58	€2
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€201k
Equity	10/15	€182k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€162k
Amounts payable	17/49	€19k
Amounts payable within one year	42/48	€19k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€-10k
Operating result	9901	€-11k
Financial income	75	€0
Financial charges	65	€3k
Result before taxes	9903	€-14k
Net result for the period	9904	€-14k
Result to be appropriated	9905	€-14k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Advertising & market research(73110)
Legal form	Private limited company(610)
Incorporation	27-04-2000
Status	Active
Postal code	2000

Establishment units 1 location

BAZELLAND

Welvaartstraat 54A, 2000 AntwerpenPubliciteitsagentschappen

since 20032.132.338.132

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11811L3538/00N003	Flanders	238 m²	1 · 209 m²	13.5 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

29-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

08-12-2023

State Gazette act Director changes

Bart Hutsebaut

19-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

11-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

27-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

22-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

26-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

31-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

27-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

29-09-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

08-12-2023 MUYLAERT Kris appointed as director Director changes·Bart Hutsebaut

MUYLAERT Kris, Bestuurder

Notary: Bart Hutsebaut · Lokeren

Original publication ↗

Technical details

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  "act_meta": {
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  "decisions": [
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      "body": "algemene_vergadering",
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  "is_correction": false,
  "subject_company": {
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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Reclamebureaus73110Activiteiten van reclamebureaus73110Publiciteitsagentschappen74401

Primary activity highlighted.

Names & trade names

Legal nameNL

BAZELLAND

Registered office

Welvaartstraat 54A bus 4

2000 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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