Henry Bath
ActiveThe file of Henry Bath contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.5% (moderate). The 2024 annual accounts show equity of €566k and a net result of €-92k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 936 sector peers (fiscal year 2024).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+2
Solvency100▲+27
Growth52=
Track record77
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity ample (current ratio 2.48 against 0.37 in 2023; short-term debt: 18.1% and cash: 3.2% of total assets), and 19.3% 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.
+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 52
Relative position
BE, all sectors
reference
Sector 52
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
80.7%
Return on assets
-13.1%
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
2021222324
2020 to 2024 · latest year €-92k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
61 d late
2022
60 d late
2021
65 d late
2020
145 d late
2019
234 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, abbreviated schema
Equity
€566k▼ 14.0%
2023 · €658k
2020: €507k
2021: €982k
2022: €962k
2023: €658k
2020 → 2024
Total assets
€701k▼ 48.7%
2023 · €1.37M
2020: €2.96M
2021: €3.36M
2022: €2.38M
2023: €1.37M
2020 → 2024
Net result
€-92k▲ 69.7%
2023 · €-303k
2020: €371k
2021: €475k
2022: €-21k
2023: €-303k
2020 → 2024
Working capital
€188k
2023 · €-366k
2020: €-524k
2021: €72k
2022: €67k
2023: €-366k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€507k-€982k▲ 93.6%€962k▼ 2.1%€658k▼ 31.6%€566k▼ 14.0%
Operating result€423k-€459k▲ 8.5%€-32k€-247k▼ 669%€-306k▼ 23.6%
Net result€371k-€475k▲ 27.9%€-21k€-303k▼ 1,371%€-92k▲ 69.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €306k in 2024 against €247k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €701k
Fixed assets
€387k▼ 66.3%
Current assets
€314k▲ 44.1%
Equity and liabilities €701k
Equity
€566k▼ 14.0%
Debt
€135k▼ 80.9%
The debt ratio falls from 51.8% to 19.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-306k▼
2023 · €-161k
Cash flow
€-92k▲
2023 · €-217k
Solvency
80.7%▲
2023 · 48.2%
Current ratio
2.48▲
2023 · 0.37
Quick ratio
2.48▲
2023 · 0.37
Debt / equity
0.24▼
2023 · 1.08
ROE
-16.3%▲
2023 · -46.1%
ROA
-13.1%▲
2023 · -22.2%
Interest coverage
-62.93▼
2023 · -2.80
Debt
€135k▼
2023 · €709k
Debt ≤ 1 year
€127k▼
2023 · €584k
Income taxes
€17▼
2023 · €221
Staff costs
€90k▼
2023 · €203k
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€1.37M€701k▼
Fixed assets21/28€1.15M€387k▼
Tangible fixed assets22/27€42k€0▼
Plant, machinery and equipment23€41k€0▼
Other tangible fixed assets26€2k€0▼
Financial fixed assets28€1.11M€387k▼
Current assets29/58€218k€314k▲
Amounts receivable within one year40/41€148k€292k▲
Trade receivables40€103k€0▼
Other amounts receivable41€44k€292k▲
Cash at bank and in hand54/58€59k€22k▼
Deferred charges and accrued income490/1€12k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.37M€701k▼
Equity10/15€658k€566k▼
Contributions10/11€2.00M€2.00M=
Profit (loss) carried forward14€-1.34M€-1.43M▼
Amounts payable17/49€709k€135k▼
Amounts payable within one year42/48€584k€127k▼
Trade debts44€24k€127k▲
Suppliers440/4€24k€127k▲
Taxes, remuneration and social security45€40k€97▼
Taxes450/3€318€97▼
Remuneration and social security454/9€40k€0▼
Other amounts payable47/48€520k€0▼
Accrued charges and deferred income492/3€124k€9k▼
Income statement
Code20232024
Non-recurring operating income76A€0€42k▲
Remuneration, social security and pensions62€203k€90k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€16k▲
Other operating charges640/8€0€960▲
Gross operating margin9900€42k€-198k▼
Operating profit (loss)9901€-247k€-306k▼
Financial income75/76B€2k€218k▲
Recurring financial income75€2k€218k▲
Financial charges65/66B€58k€5k▼
Recurring financial charges65€58k€5k▼
Profit (loss) for the period before taxes9903€-303k€-92k▲
Income taxes67/77€221€17▼
Profit (loss) for the period9904€-303k€-92k▲
Profit (loss) for the period to be appropriated9905€-303k€-92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.34M€-1.43M▼
Profit (loss) brought forward from the previous period14P€-1.04M€-1.34M▼
Social balance
Average headcount (FTE)90872.00.4▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-08
KBO administration
Address struck
29-01
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HENRY BATH BVBA SCHOUWKENSSTRAAT 1, 2030 ANTWERPEN 3 · event 22-01-2026
2025
10-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HENRY BATH BVBA SCHOUW- KENSSTRAAT 1, 2030 ANTWERPEN 3 · event 04-12-2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
31-12
Financial
Liquidity times 7current ratio 2.48
Current ratio from 0.37 to 2.48; short-term debt falls from €584k to €127k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-303k
Net result drops to €-303k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 65 days late
2021
31-12
Financial
Highest result since 2020net €475k ▲27.9%
Operating result €459k, net result €475k, both a record.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 145 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 234 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 597 days late
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 632 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-04-2024
Barend Bloem: Resigned as Director
08-07-2022
Sean Ginnane: Resigned as Director
30-01-2019
HAWKINS Graham Kenneth: Resigned as Manager
17-08-2018
Paulus Maria Fok: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
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.
Noorderlaan 1472030 AntwerpenGround area
1.0 ha
Building footprint
1,768 m²
Volume, LiDAR
99,933 m³
Parcel 11807G1698/02C000, Flanders · tallest building 64.4 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
Henry Bath
since 20172.265.302.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1698/02C000 | Flanders | 1.0 ha | 1 · 1,768 m² | 64.4 m · 19 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.
Statutory auditor
1 auditor| BV PwC Bedrijfsrevisoren Statutory auditor · represented by T. Scheyvaert | - → 22-12-2020 |
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE VERMEERSCH PLANTINKAAI 10/21,
2000 ANTWERPEN 1 |
04-12-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.265.302.861
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Of 1,030 companies in sector 52100 we hold annual accounts for 764. 543 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-05-2017
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.