BOUWONDERNEMING DE BAETS
ActiveSummary
BOUWONDERNEMING DE BAETS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €820k and a net result of €-167k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-14
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 19.22 against 31.94 in 2024; short-term debt: 4.8% and cash: 55.1% of total assets), and 4.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.2%
Return on assets
-19.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-167k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
2 d early
2023
on the day
2022
41 d early
2021
31 d early
2020
45 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€820k▼ 16.9%
2024 · €987k
2018: €1.04M
2019: €1.07M
2020: €1.11M
2021: €1.08M
2022: €1.08M
2023: €1.04M
2024: €987k
2018 → 2025
Total assets
€861k▼ 26.5%
2024 · €1.17M
2018: €1.38M
2019: €1.41M
2020: €1.35M
2021: €1.31M
2022: €1.33M
2023: €1.28M
2024: €1.17M
2018 → 2025
Net result
€-167k▼ 242%
2024 · €-49k
2018: €24k
2019: €25k
2020: €42k
2021: €13k
2022: €37k
2023: €5k
2024: €-49k
2018 → 2025
Working capital
€749k▼ 28.4%
2024 · €1.05M
2018: €1.14M
2019: €1.18M
2020: €1.23M
2021: €1.19M
2022: €1.18M
2023: €1.15M
2024: €1.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€1.08M▼ 0.3%€1.04M▼ 3.9%€987k▼ 4.7%€820k▼ 16.9%
Operating result€16k-€52k▲ 236%€7k▼ 86.5%€-49k€-141k▼ 184%
Net result€13k-€37k▲ 196%€5k▼ 87.5%€-49k€-167k▼ 242%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €141k in 2025 against €49k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €861k
Fixed assets
€71k ▼ 22.4%
Current assets
€790k ▼ 26.9%
Equity and liabilities €861k
Equity
€820k ▼ 16.9%
Debt
€41k ▼ 77.8%
Debt's share of the balance-sheet total falls from 15.8% to 4.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-121k▼
2024 · €-30k
Cash flow
€-147k▼
2024 · €-29k
Current ratio
19.22▼
2024 · 31.94
Quick ratio
14.64▼
2024 · 21.55
Debt to equity
0.05▼
2024 · 0.19
ROE
-20.3%▼
2024 · -4.9%
ROA
-19.4%▼
2024 · -4.2%
Interest coverage
-4.53▲
2024 · -85.66
Debt ≤ 1 year
€41k▲
2024 · €34k
Debt > 1 year
€0▼
2024 · €151k
Staff costs
€0▼
2024 · €408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€861k▼
Fixed assets21/28€92k€71k▼
Tangible fixed assets22/27€92k€71k▼
Plant, machinery and equipment23€73k€63k▼
Furniture and vehicles24€19k€8k▼
Current assets29/58€1.08M€790k▼
Stocks and contracts in progress3€352k€188k▼
Stocks30/36€201k€66k▼
Contracts in progress37€150k€122k▼
Amounts receivable within one year40/41€154k€123k▼
Trade receivables40€136k€100k▼
Other amounts receivable41€18k€23k▲
Cash at bank and in hand54/58€569k€475k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.17M€861k▼
Equity10/15€987k€820k▼
Contributions10/11€7k€7k=
Reserves13€980k€813k▼
Distributable reserves133€980k€813k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€185k€41k▼
Amounts payable after more than one year17€151k€0▼
Financial debts170/4€151k€0▼
Amounts payable within one year42/48€34k€41k▲
Trade debts44€30k€41k▲
Suppliers440/4€30k€41k▲
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Other amounts payable47/48€0€124▲
Income statement
Code20242025
Remuneration, social security and pensions62€408€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-27k€-118k▼
Operating profit (loss)9901€-49k€-141k▼
Financial income75/76B€1k€551▼
Recurring financial income75€1k€551▼
Financial charges65/66B€349€27k▲
Recurring financial charges65€349€27k▲
Profit (loss) for the period before taxes9903€-49k€-167k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-49k€-167k▼
Profit (loss) for the period to be appropriated9905€-49k€-167k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-167k▼
Transfer from equity791/2€49k€167k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-167k
Net result drops to €-167k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 31.94
Current ratio from 13.87 to 31.94; short-term debt falls from €89k to €34k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €42k ▲71.7%
Operating result €64k, net result €42k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Evergem · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tereeken 99940 EvergemGround area
2,136 m²
Building footprint
132 m²
Volume, LiDAR
717 m³
Parcel 43006F0527/00C000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tereeken 9, 9940 Evergem
since 20002.115.906.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006F0527/00C000 | Flanders | 2,136 m² | 1 · 132 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EURATEC
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DE WAELE
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Elsen-Houben
BE 0465.486.667
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ALGEMENE BOUWWERKEN DE BEULE
BE 0439.054.068
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JEHAE FRANCOIS
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 7,233 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.