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BIO BASIC

Active
de Stassartstraat 17 ·1050 Elsene, Belgium
BE 0612.982.590
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Age11 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The file of BIO BASIC contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.9% (moderate). The 2021 annual accounts show equity of €70k and a net result of €39k. Equity is growing by ~98.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 2408 sector peers (fiscal year 2021).

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.9% Moderate
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate region +Higher-failure-rate sector +

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

Insolvency timeline

1 events
07-03-2023
Bankruptcy Bankruptcy reversal
Date: 02-03-2023 · Tribunal de l’entreprise francophone de Bruxelles · BIO BASIC SPRL RUE WAYEZ 60-6, 1070 ANDERLECHT. déclarée le 30 janvier 2023 · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

1 signal
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€39k-6.4%
Working capital€96k+68.1%

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 09-02-2023 with the NBB · fiscal year 2021 · micro
€-50k€-25k€0€25k€50kOperating result 2018: €16k€16kNet result 2018: €16k€16kOperating result 2019: €38k€38kNet result 2019: €-29k€-29kOperating result 2020: €52k€52kNet result 2020: €41k€41kOperating result 2021: €44k€44kNet result 2021: €39k€39k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~98.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-100k€0€100k€200k2022: €111k (€106k - €117k)2023: €153k (€147k - €158k)2024: €194k (€188k - €199k)2018: €-52k2019: €-14k2020: €31k2021: €70k2018201920202021202220232024
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 2021 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 20.6% 22.9%
better than 47% of 2408 sector peers
Net result €39k €4k
better than 87% of 2402 sector peers
Equity €70k €17k
better than 80% of 2411 sector peers
Gross operating margin €112k €21k
better than 88% of 2390 sector peers
Staff costs €68k €27k
higher than 82% of 970 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€38k
+123.6% -44% vs sector
Net profit
€39k
-6.4% +54% vs sector
Cash flow
€-29k
- far below sector median
Total assets
€338k
-6.3% -51% vs sector
Equity
€70k
+125.5% -74% vs sector
Working capital
€96k
+68.1% +28% vs sector
Employees (FTE)
2
- -83% vs sector
Staff costs
€68k
+26.4% -77% vs sector
Income taxes
€5k
-46.4% -53% vs sector
Dividends
€83k
- 18-21
Debt
€239k
-20.4% -44% vs sector
Debt ≤ 1y
€239k
-20.4% -29% vs sector
Current ratio
1.40
+17.7% +18% vs sector
Quick ratio
0.08
+7.6% -88% vs sector
Solvency
20.6%
+140.6% -49% vs sector
Debt / equity
3.44
-64.7% +114% vs sector
ROE
55.6%
-58.5% far above sector median
ROA
11.4%
-0.1% +300% vs sector
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA-
Net profit€39k
Cash flow-
Staff costs€68k
Income taxes€5k
Dividends-
Total assets€338k
Equity€70k
Debt€239k
of which ≤ 1y€239k
of which > 1y-
Working capital€96k
Employees (FTE)-
Ratios (computed)
2021
Current ratio1.40
Quick ratio0.08
Working capital ratio28.2%
Solvency20.6%
Debt / equity3.44
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA11.4%
ROE55.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€338k
Fixed assets 21/28€4k
Financial fixed assets 28€4k
Current assets 29/58€335k
Stocks & contracts in progress 3€317k
Amounts receivable within one year 40/41€12k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€338k
Equity 10/15€70k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€51k
Provisions & deferred taxes 16€30k
Amounts payable 17/49€239k
Amounts payable within one year 42/48€239k
Trade debts payable within one year 44€47k
Income statement
Gross operating margin 9900€112k
Operating result 9901€44k
Financial charges 65€1
Result before taxes 9903€44k
Income taxes 67/77€5k
Net result for the period 9904€39k
Result to be appropriated 9905€39k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
50 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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

Locations & real estate

Parcels1
Ground area42 m²
Buildings1
Building footprint42 m²
Volume (LiDAR)589 m³
Tallest building16.1 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0416/00Y002 Brussels 42 m² 1 · 42 m² 16.1 m · 5 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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
07-03-2023
Bankruptcy Bankruptcy reversal
Date: 02-03-2023 · Tribunal de l’entreprise francophone de Bruxelles · BIO BASIC SPRL RUE WAYEZ 60-6, 1070 ANDERLECHT. déclarée le 30 janvier 2023 · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-03-07 · Bankruptcy · Bankruptcy reversal
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

3 acts
Capital history · 2
06-09-2024
Capital change
05-11-2021
Capital change
Address history · 1
27-02-2024
Registered-office move
All acts · 3 updated 1 year ago
2024
06-09-2024 All shares are now held by a single shareholder Capital & shares
27-02-2024 Registered office moved within Bruxelles Registered-office change
  • Rue Wayez 60-64 - 1070 Bruxelles → Avenue Louise 209A boite 7 à 1050 Bruxelles
2021
05-11-2021 Transaction in capital or shares Capital & shares

Analysis

Snowflake analysis

financial profile on 5 axes
Health50Profitability100Solvency39Growth78Stability85
70 / 100

Strong profile, led by profitability.

Health 50
Profitability 100
Solvency 39
Growth 78
Stability 85

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
Legal nameFR BIO BASIC
Registered office
de Stassartstraat 17
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.