DESBECK-BAUWIN
ActiveDESBECK-BAUWIN has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €376k and a net result of €-73k. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth43=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.79 in 2023; short-term debt: 19.6% and cash: 38.4% of total assets), and 23% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77%
Return on assets
-14.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-73k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€351k▲ 9.6%
2018 · €321k
2018: €321k
2018 → 2019
EBIT margin
-4.5%▼ 89.2pp
2018 · 84.7%
2018: 84.7%
2018 → 2019
Net result
€-73k▲ 38.7%
2023 · €-119k
2018: €176k
2019: €-16k
2020: €-18k
2021: €-50k
2022: €-104k
2023: €-119k
2018 → 2024
Working capital
€134k▼ 35.1%
2023 · €206k
2018: €442k
2019: €464k
2020: €445k
2021: €420k
2022: €345k
2023: €206k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€721k-€671k▼ 6.9%€568k▼ 15.4%€449k▼ 20.9%€376k▼ 16.2%
Operating result€-17k-€-50k▼ 190%€-103k▼ 108%€-118k▼ 15.1%€-74k▲ 37.5%
Net result€-18k-€-50k▼ 179%€-104k▼ 108%€-119k▼ 14.7%€-73k▲ 38.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €74k in 2024 against €118k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €489k
Fixed assets
€259k▼ 0.4%
Current assets
€230k▼ 28.7%
Equity and liabilities €489k
Equity
€376k▼ 16.2%
Debt
€112k▼ 15.4%
The debt ratio rises from 22.8% to 23.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-44k▲
2023 · €-92k
Cash flow
€-42k▲
2023 · €-92k
Solvency
77.0%▼
2023 · 77.2%
Current ratio
2.40▼
2023 · 2.79
Quick ratio
2.17▼
2023 · 2.60
Debt / equity
0.30▲
2023 · 0.30
ROE
-19.3%▲
2023 · -26.4%
ROA
-14.9%▲
2023 · -20.4%
Interest coverage
-193.59▲
2023 · -317.90
Debt
€112k▼
2023 · €133k
Debt ≤ 1 year
€96k▼
2023 · €115k
Debt > 1 year
€17k▼
2023 · €17k
Income taxes
€95▼
2023 · €758
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€582k€489k▼
Fixed assets21/28€260k€259k▼
Tangible fixed assets22/27€260k€259k▼
Land and buildings22€246k€259k▲
Furniture and vehicles24€14k-
Financial fixed assets28€124€124=
Current assets29/58€322k€230k▼
Stocks and contracts in progress3€22k€22k=
Stocks30/36€22k€22k=
Amounts receivable within one year40/41€15k€20k▲
Trade receivables40€14k€16k▲
Other amounts receivable41€393€4k▲
Cash at bank and in hand54/58€285k€188k▼
Equity and liabilities
Total equity and liabilities10/49€582k€489k▼
Equity10/15€449k€376k▼
Contributions10/11€539k€539k=
Reserves13€214k€214k=
Non-distributable reserves130/1€40k€40k=
Other1319€40k€40k=
Tax-exempt reserves132€174k€174k=
Profit (loss) carried forward14€-304k€-377k▼
Amounts payable17/49€133k€112k▼
Amounts payable after more than one year17€17k€17k▼
Other amounts payable178/9€17k€17k▼
Amounts payable within one year42/48€115k€96k▼
Trade debts44€47k€22k▼
Suppliers440/4€47k€22k▼
Taxes, remuneration and social security45€515€1k▲
Taxes450/3€515€1k▲
Other amounts payable47/48€68k€73k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k▲
Other operating charges640/8€22k€16k▼
Gross operating margin9900€-70k€-28k▲
Operating profit (loss)9901€-118k€-74k▲
Financial income75/76B€785€2k▲
Recurring financial income75€785€718▼
Non-recurring financial income76B-€1k
Financial charges65/66B€289€577▲
Recurring financial charges65€289€226▼
Non-recurring financial charges66B-€351
Profit (loss) for the period before taxes9903€-118k€-73k▲
Income taxes67/77€758€95▼
Profit (loss) for the period9904€-119k€-73k▲
Profit (loss) for the period to be appropriated9905€-119k€-73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-304k€-377k▼
Profit (loss) brought forward from the previous period14P€-185k€-304k▼
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Liège · 1 establishment unit since 1984
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.
Rue de Chestret 194000 LiègeGround area
207 m²
Building footprint
81 m²
Parcel 62805B0300/00T002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Chestret 19, 4000 Liège
since 19842.025.311.993
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0300/00T002 | Wallonia | 207 m² | 1 · 81 m² | - |
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
HENDRICKX WATERLOO GARE
BE 0445.310.370
Waterloo · Eq €376k
N.G. SIMON
BE 0450.237.178
Verviers · Eq €377k
Allride
BE 0423.374.910
Herentals · Eq €377k
CLM PNEUS
BE 0441.931.307
Seraing · Eq €377k
GARAGE MANU UYTTERHAEGEN
BE 0474.139.463
Hoegaarden · Eq €377k
Of 10,677 companies in sector 47811 we hold annual accounts for 5,222. 3,563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-08-1984
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
47820Retail sale of motor vehicle parts and accessories
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.