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LES BAYARDS

Active
Public limited companyfounded 199531 yrs activeAvenue de la Chevauchée(N) 47, 4121 Neupré, BelgiumKBO/BCE: BE 0455.909.403
Summary

LES BAYARDS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227,729 and a net result of -€3,014. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 15.34 against 10.31 in 2024; short-term debt: 0.4% and cash: 6.3% of total assets), and 0.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
76 d early
2023
85 d early
2022
76 d early
2021
88 d early
2020
51 d early
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 66 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LES BAYARDS was incorporated on 30 August 1995.1 Total assets went from EUR 228,563 in 2018 to EUR 228,661 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€9,792
EBIT margin
29.0%
Net result
-€3,014▼ 0.4%
2024 · -€3,001
Working capital
€13,363▲ 62.7%
2024 · €8,215
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€2,622▼ 13.6%€2,013▼ 23.2%-€1,849-€2,887▼ 56.2%-€2,904▼ 0.6%
Net result€1,855▼ 15.1%€1,414▼ 23.8%-€1,943-€3,001▼ 54.4%-€3,014▼ 0.4%
EBIT margin
Equity€234,273▲ 0.8%€235,687▲ 0.6%€233,744▼ 0.8%€230,743▼ 1.3%€227,729▼ 1.3%
Total assets€235,782▲ 0.7%€237,035▲ 0.5%€234,578▼ 1.0%€231,625▼ 1.3%€228,661▼ 1.3%
Debt€1,509▼ 7.3%€1,348▼ 10.6%€834▼ 38.2%€882▲ 5.8%€932▲ 5.7%
Working capital€12,188▲ 10.5%€19,431▲ 59.4%€6,361▼ 67.3%€8,215▲ 29.1%€13,363▲ 62.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: €2,622€2,622Net result 2021: €1,855€1,855Operating result 2022: €2,013€2,013Net result 2022: €1,414€1,414Operating result 2023: -€1,849-€1,849Net result 2023: -€1,943-€1,943Operating result 2024: -€2,887-€2,887Net result 2024: -€3,001-€3,001Operating result 2025: -€2,904-€2,904Net result 2025: -€3,014-€3,01420212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€1,849-€1,850Net result 2023: -€1,943-€1,940Operating result 2024: -€2,887-€2,890Net result 2024: -€3,001-€3,000Operating result 2025: -€2,904-€2,900Net result 2025: -€3,014-€3,010202320242025
The operating result stays negative: a loss of €2,904 in 2025 against €2,887 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228,661
Fixed assets €214,366 ▼ 3.7%
Current assets €14,295 ▲ 57.1%
Equity and liabilities €228,661
Equity €227,729 ▼ 1.3%
Debt €932 ▲ 5.7%
Debt's share of the balance-sheet total stays at 0.4%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,257▲
2024 · €4,968
Cash flow
€5,148▲
2024 · €4,854
Current ratio
15.34▲
2024 · 10.31
Debt to equity
0.00▲
2024 · 0.00
ROE
-1.3%▼
2024 · -1.3%
ROA
-1.3%▼
2024 · -1.3%
Interest coverage
47.86▲
2024 · 43.65
Debt ≤ 1 year
€932▲
2024 · €882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€231,625€228,661▼
Fixed assets21/28€222,527€214,366▼
Tangible fixed assets22/27€222,527€214,366▼
Land and buildings22€222,527€214,366▼
Current assets29/58€9,098€14,295▲
Cash at bank and in hand54/58€9,098€14,295▲
Equity and liabilities
Total equity and liabilities10/49€231,625€228,661▼
Equity10/15€230,743€227,729▼
Contributions10/11€195,000€195,000=
Capital10€195,000€195,000=
Issued capital100€195,000€195,000=
Reserves13€19,500€19,500=
Non-distributable reserves130/1€19,500€19,500=
Legal reserve130€19,500€19,500=
Profit (loss) carried forward14€16,243€13,229▼
Amounts payable17/49€882€932▲
Amounts payable within one year42/48€882€932▲
Trade debts44€48€50▲
Suppliers440/4€48€50▲
Other amounts payable47/48€834€882▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,855€8,161▲
Other operating charges640/8€3,614€3,728▲
Gross operating margin9900€8,582€8,985▲
Operating profit (loss)9901-€2,887-€2,904▼
Financial charges65/66B€114€110▼
Recurring financial charges65€114€110▼
Profit (loss) for the period before taxes9903-€3,001-€3,014▼
Profit (loss) for the period9904-€3,001-€3,014▼
Profit (loss) for the period to be appropriated9905-€3,001-€3,014▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,243€13,229▼
Profit (loss) brought forward from the previous period14P€19,244€16,243▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,382€5,829€6,195€7,855€8,161▲ 3.9%
Other operating charges640/8€3,094€3,169€3,473€3,614€3,728▲ 3.1%
Gross operating margin9900€11,098€11,012€7,819€8,582€8,985▲ 4.7%
Operating profit (loss)9901€2,622€2,013-€1,849-€2,887-€2,904▼ 0.6%
Financial charges65/66B€92€85€95€114€110▼ 3.5%
Recurring financial charges65€92€85€95€114€110▼ 3.5%
Profit (loss) for the period before taxes9903€2,530€1,929-€1,943-€3,001-€3,014▼ 0.4%
Income taxes67/77€675€515----
Profit (loss) for the period9904€1,855€1,414-€1,943-€3,001-€3,014▼ 0.4%
Profit (loss) for the period to be appropriated9905€1,855€1,414-€1,943-€3,001-€3,014▼ 0.4%
Line20212022202320242025Change
Assets
Total assets20/58€235,782€237,035€234,578€231,625€228,661▼ 1.3%
Fixed assets21/28€222,085€216,256€227,382€222,527€214,366▼ 3.7%
Tangible fixed assets22/27€222,085€216,256€227,382€222,527€214,366▼ 3.7%
Land and buildings22€222,085€216,256€227,382€222,527€214,366▼ 3.7%
Current assets29/58€13,697€20,779€7,195€9,098€14,295▲ 57.1%
Cash at bank and in hand54/58€13,697€20,779€7,195€9,098€14,295▲ 57.1%
Equity and liabilities
Total equity and liabilities10/49€235,782€237,035€234,578€231,625€228,661▼ 1.3%
Equity10/15€234,273€235,687€233,744€230,743€227,729▼ 1.3%
Contributions10/11€195,000€195,000€195,000€195,000€195,000=
Capital10€195,000€195,000€195,000€195,000€195,000=
Issued capital100€195,000€195,000€195,000€195,000€195,000=
Reserves13€19,500€19,500€19,500€19,500€19,500=
Non-distributable reserves130/1€19,500€19,500€19,500€19,500€19,500=
Legal reserve130€19,500€19,500€19,500€19,500€19,500=
Profit (loss) carried forward14€19,773€21,187€19,244€16,243€13,229▼ 18.6%
Amounts payable17/49€1,509€1,348€834€882€932▲ 5.7%
Amounts payable within one year42/48€1,509€1,348€834€882€932▲ 5.7%
Trade debts44---€48€50▲ 3.2%
Suppliers440/4---€48€50▲ 3.2%
Taxes, remuneration and social security45€675€515€0---
Taxes450/3€675€515€0---
Other amounts payable47/48€834€834€834€834€882▲ 5.8%
Line20212022202320242025Change
Profit (loss) for the period9904€1,855€1,414-€1,943-€3,001-€3,014▼ 0.4%
+ Depreciation and write-downs630€5,382€5,829€6,195€7,855€8,161▲ 3.9%
Operating cash flow (approximation)€7,237€7,243€4,252€4,854€5,148▲ 6.0%
Investment in fixed assets (approximation)-€0-€17,321-€3,000€0▲ 100%
Change in cash-€7,083-€13,584€1,903€5,198▲ 173%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€3,014
Net result drops to -€3,014, the lowest in the series.
16-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €2,611 ▲54.4%
Operating result €3,798, net result €2,611, both a record.
07-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
9 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, Neupré · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
4,437 m²
Building footprint
260 m²
Volume, LiDAR
1,414 m³
Parcel 61044B0047/00E000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Chevauchée(N) 47, 4121 Neupré
NACE 70201
since 19952.073.509.018
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61044B0047/00E000 Wallonia 4,437 m² 1 · 260 m² 7.7 m · 2 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.

Identification & contact

Identification
Legal formPublic limited company
Founded30-08-1995
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.