LEDERWAREN BAEYENS
ActiveLEDERWAREN BAEYENS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €62k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+2
Solvency25▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
0.1%
Return on assets
1.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9113 sector peers (2025).
NBB · sector comparisonPosition among 9113 sector peers
Solvency
better than 17%
← weakest
strongest →
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
46 d late
2023
on the day
2022
on the day
2021
3 d early
2020
2 d early
2019
92 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5k
2024 · €-58k
2019: €-233k
2020: €-210k
2021: €-195k
2022: €-167k
2023: €-117k
2024: €-58k
2019 → 2025
Total assets
€3.22M▼ 1.9%
2024 · €3.28M
2019: €3.84M
2020: €3.72M
2021: €3.65M
2022: €3.53M
2023: €3.37M
2024: €3.28M
2019 → 2025
Net result
€62k▲ 5.1%
2024 · €59k
2019: €275k
2020: €23k
2021: €16k
2022: €28k
2023: €50k
2024: €59k
2019 → 2025
Working capital
€1.05M▼ 6.7%
2024 · €1.12M
2019: €1.53M
2020: €1.52M
2021: €1.41M
2022: €1.32M
2023: €1.21M
2024: €1.12M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-195k-€-167k▲ 14.3%€-117k▲ 29.9%€-58k▲ 50.6%€5k
Operating result€28k-€40k▲ 41.4%€61k▲ 52.9%€70k▲ 14.1%€72k▲ 3.6%
Net result€16k-€28k▲ 76.1%€50k▲ 78.9%€59k▲ 18.9%€62k▲ 5.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.22M
Fixed assets
€1.24M▼ 4.6%
Current assets
€1.98M▼ 0.1%
Equity and liabilities €3.22M
Equity
€5k
Debt
€3.22M
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€113k▲
2024 · €111k
Cash flow
€103k▲
2024 · €100k
Solvency
0.1%▲
2024 · -1.8%
Current ratio
2.13▼
2024 · 2.31
Quick ratio
2.13▼
2024 · 2.31
ROA
1.9%▲
2024 · 1.8%
Interest coverage
4.20▲
2024 · 3.92
Debt
€3.22M▼
2024 · €3.34M
Debt ≤ 1 year
€930k▲
2024 · €857k
Debt > 1 year
€2.28M▼
2024 · €2.47M
A ratio outside any meaningful range has been withheld (balance sheet total €3.22M, equity €5k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.28M€3.22M▼
Fixed assets21/28€1.31M€1.24M▼
Tangible fixed assets22/27€1.30M€1.24M▼
Land and buildings22€1.30M€1.24M▼
Financial fixed assets28€500€500=
Current assets29/58€1.98M€1.98M▼
Amounts receivable within one year40/41€1.96M€1.95M▼
Trade receivables40€219k€286k▲
Other amounts receivable41€1.74M€1.66M▼
Cash at bank and in hand54/58€17k€27k▲
Deferred charges and accrued income490/1€0€918▲
Equity and liabilities
Total equity and liabilities10/49€3.28M€3.22M▼
Equity10/15€-58k€5k▲
Contributions10/11€341k€341k=
Reserves13€56k€56k=
Non-distributable reserves130/1€45k€45k=
Reserves not available under the articles1311€45k€45k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-455k€-392k▲
Amounts payable17/49€3.34M€3.22M▼
Amounts payable after more than one year17€2.47M€2.28M▼
Financial debts170/4€2.47M€2.28M▼
Amounts payable within one year42/48€857k€930k▲
Current portion of amounts payable after more than one year42€204k€193k▼
Trade debts44€127k€123k▼
Suppliers440/4€127k€123k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€524k€612k▲
Accrued charges and deferred income492/3€15k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€41k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€112k€114k▲
Operating profit (loss)9901€70k€72k▲
Financial income75/76B€18k€17k▼
Recurring financial income75€18k€17k▼
Financial charges65/66B€28k€27k▼
Recurring financial charges65€28k€27k▼
Profit (loss) for the period before taxes9903€59k€62k▲
Profit (loss) for the period9904€59k€62k▲
Profit (loss) for the period to be appropriated9905€59k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-455k€-392k▲
Profit (loss) brought forward from the previous period14P€-514k€-455k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €16k ▼30.7%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
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
7 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, Aalst · 1 establishment unit since 1989
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.
Gentse steenweg 1509300 AalstGround area
2,671 m²
Building footprint
1,293 m²
Volume, LiDAR
11,874 m³
Parcel 41302C1234/00A002, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LEDERWAREN BAEYENS
since 19892.044.239.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1234/00A002 | Flanders | 2,671 m² | 1 · 1,293 m² | 15.3 m · 3 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.
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 2,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-1989
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
52432
68122Development of non-residential building projects
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.