Equity
JOSE BAGUETTE has made a profit in every financial year since 2019.
JOSE BAGUETTE has made a profit in every financial year since 2019.
The accounts state no turnover.
€213,901 of the debts are secured on the company's own assets. In 2021 that was €117,201.
In 2025, 4 people joined and 4 left.
The 2019 accounts came latest: 39 days after the end of the period.
Less equity than 83% of companies in repair of computers and personal goods. Sector median €585,931 · 485 companies.
The dashed line is the sector median: 0.5% across 5,129 companies (NACE 95, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 25% of them on solvency, 26% on liquidity, 43% on profitability and 55% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,274 companies had the same profile as JOSE BAGUETTE has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JOSE BAGUETTE itself: 0.9% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for JOSE BAGUETTE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.81 (0.67 in 2024), below 1. Short-term debt is 57.2% and cash 11.3% of total assets. 87.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| JOSE BAGUETTE Dalhem | €0.7m | €370,467 | 12.6% | 2.4 |
| CARROSSERIE TOMAGRA Awans | €0.6m | €325,142 | 66.0% | 2 |
| « IMMO-DAVILEX » et/ou « SRL Chaussée Alexandre » Fosses-la-Ville | €0.8m | €337,603 | 13.0% | 2.9 |
| SEGHERS CARROSSERIE & BANDEN Kapelle-op-den-Bos | €1.1m | €310,940 | 12.6% | 1.8 |
| SMET TEMSE Temse | €0.6m | €563,485 | 9.9% | 3.4 |
| AUTOSCHADE STERKENDRIES Maaseik | €0.9m | €231,436 | 5.6% | 3.2 |
| Carrosserie Etienne Ciney | €0.8m | €387,778 | 39.7% | 4 |
These companies have the same main activity as JOSE BAGUETTE: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €606,000 and €1.1m, founded between 2015 and 2018.
JOSE BAGUETTE has existed since 2018. The gross margin grew from €260,932 in 2019 to €370,467 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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