N. BAURENS
ActiveN. BAURENS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €658k and a net result of €86k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 5.94 in 2024; short-term debt: 18.9% and cash: 13.5% of total assets), and 18.9% 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.
−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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
81.1%
Return on assets
10.6%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
17 d early
2023
15 d early
2022
11 d early
2021
16 d early
2020
23 d early
2019
20 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€86k▲ 9.9%
2024 · €78k
2018: €25k
2019: €39k
2020: €28k
2021: €73k
2022: €46k
2023: €51k
2024: €78k
2018 → 2025
Working capital
€545k▼ 0.5%
2024 · €547k
2018: €377k
2019: €460k
2020: €402k
2021: €465k
2022: €483k
2023: €523k
2024: €547k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€503k-€535k▲ 6.4%€561k▲ 4.8%€639k▲ 13.9%€658k▲ 3.1%
Operating result€96k-€59k▼ 38.6%€67k▲ 14.1%€107k▲ 60.2%€121k▲ 12.5%
Net result€73k-€46k▼ 37.3%€51k▲ 10.2%€78k▲ 54.3%€86k▲ 9.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812k
Fixed assets
€114k▲ 24.7%
Current assets
€698k▲ 6.0%
Equity and liabilities €812k
Equity
€658k▲ 3.1%
Debt
€153k▲ 38.3%
The debt ratio rises from 14.8% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€137k▲
2024 · €120k
Cash flow
€102k▲
2024 · €91k
Solvency
81.1%▼
2024 · 85.2%
Current ratio
4.55▼
2024 · 5.94
Quick ratio
0.93▼
2024 · 1.08
Debt / equity
0.23▲
2024 · 0.17
ROE
13.0%▲
2024 · 12.2%
ROA
10.6%▲
2024 · 10.4%
Interest coverage
208.24▼
2024 · 225.39
Debt
€153k▲
2024 · €111k
Debt ≤ 1 year
€153k▲
2024 · €111k
Income taxes
€39k▲
2024 · €33k
Staff costs
€40k▲
2024 · €39k
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€749k€812k▲
Fixed assets21/28€91k€114k▲
Intangible fixed assets21€0€3k▲
Tangible fixed assets22/27€91k€111k▲
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€62k€86k▲
Other tangible fixed assets26€19k€18k▼
Financial fixed assets28€350€350=
Current assets29/58€658k€698k▲
Stocks and contracts in progress3€539k€556k▲
Stocks30/36€539k€556k▲
Amounts receivable within one year40/41€21k€29k▲
Trade receivables40€20k€11k▼
Other amounts receivable41€649€17k▲
Cash at bank and in hand54/58€95k€110k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€749k€812k▲
Equity10/15€639k€658k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€577k€596k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€570k€590k▲
Amounts payable17/49€111k€153k▲
Amounts payable within one year42/48€111k€153k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€30k€30k▲
Suppliers440/4€30k€30k▲
Taxes, remuneration and social security45€30k€35k▲
Taxes450/3€23k€28k▲
Remuneration and social security454/9€7k€7k▼
Other amounts payable47/48€51k€88k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€39k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€7k€19k▲
Gross operating margin9900€166k€196k▲
Operating profit (loss)9901€107k€121k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€533€660▲
Recurring financial charges65€533€660▲
Profit (loss) for the period before taxes9903€111k€124k▲
Income taxes67/77€33k€39k▲
Profit (loss) for the period9904€78k€86k▲
Profit (loss) for the period to be appropriated9905€78k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€86k▲
Transfer from equity791/2-€66k
Transfer to equity691/2€78k€86k▲
To other reserves6921€78k€86k▲
Profit to be distributed694/7-€66k
Return on contributions (dividend)694-€66k
Social balance
Average headcount (FTE)90871.11.1=
The notes to these accounts (11 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €86k ▲9.9%
Operating result €121k, net result €86k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €503k ▲11.1%
4 profitable years in a row build equity to €503k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Herve · 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.
Outre-Cour 264651 HerveGround area
236 m²
Building footprint
85 m²
Volume, LiDAR
540 m³
Parcel 63006D0652/00M002, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Outre-Cour 26, 4651 Herve
since 19892.042.768.332
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0652/00M002 | Wallonia | 235 m² | 1 · 85 m² | 6.8 m · 2 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 1,729 companies in sector 47742 we hold annual accounts for 1,138. 749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-03-1989
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47770Retail sale of watches and jewellery
47782Retail trade
52484
52485
52730
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:optique.baurens@skynet.be
Phone:087674818
Fax:087679838