Eric Baeyens
ActiveSummary
Eric Baeyens has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199,663 and a net result of -€7,268. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 94% of 1012 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 7.51 against 10.11 in 2024; short-term debt: 12% and cash: 80.7% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
88%
Return on assets
-3.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
12 d late
2023
22 d early
2022
46 d early
2021
25 d early
2020
2 d early
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 9 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€199,663▼ 3.5%
2024 · €206,931
Total assets
€226,789▲ 0.1%
2024 · €226,654
Net result
-€7,268▼ 3,944%
2024 · -€180
Working capital
€176,562▼ 1.7%
2024 · €179,630
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€39,677€20,413-€9,436-€1▲ 100.0%-€7,818▼ 1,015,230%
Net result-€41,252below the sector's middle half€18,479within the sector's middle half-€9,873below the sector's middle half-€180below the sector's middle half▲ 98.2%-€7,268below the sector's middle half▼ 3,944%
Equity€198,505above the sector's middle half▼ 17.2%€216,984above the sector's middle half▲ 9.3%€207,111above the sector's middle half▼ 4.6%€206,931above the sector's middle half▼ 0.1%€199,663above the sector's middle half▼ 3.5%
Total assets€258,420within the sector's middle half▼ 20.5%€247,070within the sector's middle half▼ 4.4%€218,497within the sector's middle half▼ 11.6%€226,654within the sector's middle half▲ 3.7%€226,789within the sector's middle half▲ 0.1%
Debt€59,916▼ 29.9%€30,086▼ 49.8%€11,386▼ 62.2%€19,723▲ 73.2%€27,126▲ 37.5%
Working capital€94,058above the sector's middle half▼ 21.1%€130,554above the sector's middle half▲ 38.8%€155,218above the sector's middle half▲ 18.9%€179,630above the sector's middle half▲ 15.7%€176,562above the sector's middle half▼ 1.7%
Solvency76.8%above the sector's middle half▲ 3.1pp87.8%above the sector's middle half▲ 11.0pp94.8%above the sector's middle half▲ 7.0pp91.3%above the sector's middle half▼ 3.5pp88.0%above the sector's middle half▼ 3.3pp
Current ratio2.57within the sector's middle half▼ 0.085.34above the sector's middle half▲ 2.7714.63above the sector's middle half▲ 9.2910.11above the sector's middle half▼ 4.537.51above the sector's middle half▼ 2.60
Return on assets (ROA)-16.0%below the sector's middle half▼ 19.1pp7.5%within the sector's middle half▲ 23.4pp-4.5%below the sector's middle half▼ 12.0pp-0.1%below the sector's middle half▲ 4.4pp-3.2%below the sector's middle half▼ 3.1pp
Staff (FTE)1=0.5▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,818 in 2025 against €1 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226,789
Fixed assets
€23,101 ▼ 15.4%
Current assets
€203,688 ▲ 2.2%
Equity and liabilities €226,789
Equity
€199,663 ▼ 3.5%
Debt
€27,126 ▲ 37.5%
Debt's share of the balance-sheet total rises from 8.7% to 12.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,971▼
2024 · €24,590
Cash flow
€5,521▼
2024 · €24,411
Debt to equity
0.14▲
2024 · 0.10
ROE
-3.6%▼
2024 · -0.1%
Interest coverage
31.40▼
2024 · 137.85
Debt ≤ 1 year
€27,126▲
2024 · €19,723
Income taxes
€146▲
2024 · €139
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €400 | €23,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €25,437 | €150 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,548 | €35,911 | €34,537 | €24,591 | €12,789 | ▼ 48.0% |
| Other operating charges640/8 | - | €3,594 | €3,582 | €4,928 | €2,128 | ▼ 56.8% |
| Gross operating margin9900 | €52,462 | €85,355 | €28,833 | €29,519 | €7,099 | ▼ 76.0% |
| Operating profit (loss)9901 | -€39,677 | €20,413 | -€9,436 | -€1 | -€7,818 | ▼ 1,015,230% |
| Financial income75/76B | - | €113 | €0 | €138 | €855 | ▲ 519% |
| Recurring financial income75 | €15 | €113 | €0 | €138 | €855 | ▲ 519% |
| Financial charges65/66B | - | €315 | €340 | €178 | €158 | ▼ 11.2% |
| Recurring financial charges65 | €1,270 | €315 | €340 | €178 | €158 | ▼ 11.2% |
| Profit (loss) for the period before taxes9903 | -€40,932 | €20,212 | -€9,776 | -€41 | -€7,122 | ▼ 17,266% |
| Income taxes67/77 | €320 | €1,732 | €97 | €139 | €146 | ▲ 5.4% |
| Profit (loss) for the period9904 | -€41,252 | €18,479 | -€9,873 | -€180 | -€7,268 | ▼ 3,944% |
| Profit (loss) for the period to be appropriated9905 | -€41,252 | €18,479 | -€9,873 | -€180 | -€7,268 | ▼ 3,944% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €258,420 | €247,070 | €218,497 | €226,654 | €226,789 | ▲ 0.1% |
| Fixed assets21/28 | €104,447 | €86,430 | €51,893 | €27,302 | €23,101 | ▼ 15.4% |
| Tangible fixed assets22/27 | €104,312 | €86,295 | €51,758 | €27,167 | €22,966 | ▼ 15.5% |
| Land and buildings22 | - | €23,261 | €15,082 | €8,214 | €11,962 | ▲ 45.6% |
| Plant, machinery and equipment23 | - | €27,464 | €21,491 | €15,806 | €10,121 | ▼ 36.0% |
| Furniture and vehicles24 | - | €35,570 | €15,184 | €3,147 | €883 | ▼ 71.9% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €153,973 | €160,640 | €166,604 | €199,352 | €203,688 | ▲ 2.2% |
| Stocks and contracts in progress3 | €35,224 | €0 | - | - | - | - |
| Contracts in progress37 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €15,352 | €27,668 | €40,273 | €15,907 | €18,414 | ▲ 15.8% |
| Trade receivables40 | - | €10,679 | €34,641 | €15,524 | €18,403 | ▲ 18.5% |
| Other amounts receivable41 | - | €16,988 | €5,632 | €383 | €12 | ▼ 96.9% |
| Cash at bank and in hand54/58 | €103,243 | €130,945 | €126,188 | €183,445 | €182,910 | ▼ 0.3% |
| Deferred charges and accrued income490/1 | - | €2,028 | €142 | €0 | €2,363 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €258,420 | €247,070 | €218,497 | €226,654 | €226,789 | ▲ 0.1% |
| Equity10/15 | €198,505 | €216,984 | €207,111 | €206,931 | €199,663 | ▼ 3.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €186,105 | €204,584 | €194,711 | €194,531 | €187,263 | ▼ 3.7% |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | €202,724 | €194,711 | €194,531 | €187,263 | ▼ 3.7% |
| Profit (loss) carried forward14 | €35,080 | - | - | - | - | - |
| Amounts payable17/49 | €59,916 | €30,086 | €11,386 | €19,723 | €27,126 | ▲ 37.5% |
| Amounts payable within one year42/48 | €59,916 | €30,086 | €11,386 | €19,723 | €27,126 | ▲ 37.5% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €41,421 | €27,400 | €3,027 | €16,498 | €22,904 | ▲ 38.8% |
| Suppliers440/4 | - | €27,400 | €3,027 | €16,498 | €22,904 | ▲ 38.8% |
| Taxes, remuneration and social security45 | - | €328 | €2,969 | €1,291 | €1,758 | ▲ 36.1% |
| Taxes450/3 | - | €328 | €2,969 | €1,291 | €1,758 | ▲ 36.1% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €2,357 | €5,390 | €1,934 | €2,464 | ▲ 27.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,252 | €18,479 | -€9,873 | -€180 | -€7,268 | ▼ 3,944% |
| + Depreciation and write-downs630 | €38,548 | €35,911 | €34,537 | €24,591 | €12,789 | ▼ 48.0% |
| Operating cash flow (approximation) | -€2,704 | €54,391 | €24,664 | €24,411 | €5,521 | ▼ 77.4% |
| Investment in fixed assets (approximation) | - | -€17,894 | €0 | €0 | -€8,588 | - |
| Change in cash | - | €27,702 | -€4,756 | €57,257 | -€535 | ▼ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity triplescurrent ratio 14.63
Current ratio from 5.34 to 14.63; short-term debt falls from €30,086 to €11,386.
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €18,479
Net result €18,479 after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 5.34
Current ratio from 2.57 to 5.34; short-term debt falls from €59,916 to €30,086.
30-06
Financial
Equity above €200,000Eq €216,984 ▲9.3%
Equity rises from €198,505 to €216,984.
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€41,252
Net result drops to -€41,252, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
Show earlier events
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Berlare · 1 establishment unit since 2005
Ground area
211 m²
Building footprint
120 m²
Volume, LiDAR
414 m³
Parcel 42003A1028/00F002, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Baeyens Eric
since 20052.150.631.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003A1028/00F002 | Flanders | 211 m² | 1 · 120 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Grondwerken Moyaert Karel
BE 0749.586.306
Hooglede · Eq €199,638
Entreprises Robert MEYER
BE 0421.232.495
Léglise · Eq €199,005
TrafficSupply Belgium
BE 0627.823.590
Bilzen-Hoeselt · Eq €198,763
VERBRUGGEN
BE 0430.726.124
Mol · Eq €200,734
KHALIGRO
BE 0707.805.535
Zele · Eq €201,165
Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 786 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2005
Fiscal year end30-06
Activities, NACEBEL 2025
42110Construction of roads and motorways
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876993529
Also
9925:BE0876993529
Registered
20-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.