S & I Bavo
ActiveS & I Bavo has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €2k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-20
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.14 in 2024; short-term debt: 14.7% and cash: 5.2% of total assets), and 14.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
85.3%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 10 filingsDeviation from the deadline
2025
18 d late
2024
13 d late
2023
44 d early
2022
27 d early
2021
12 d early
2020
31 d late
2019
49 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 6.9%
2024 · €27k
2018: €39k
2019: €36k
2020: €34k
2021: €31k
2022: €28k
2023: €26k
2024: €27k
2018 → 2025
Total assets
€33k▲ 3.2%
2024 · €32k
2018: €70k
2019: €66k
2020: €65k
2021: €42k
2022: €39k
2023: €33k
2024: €32k
2018 → 2025
Net result
€2k▲ 266%
2024 · €503
2018: €-7k
2019: €-3k
2020: €-2k
2021: €-4k
2022: €-3k
2023: €-2k
2024: €503
2018 → 2025
Working capital
€-3k▲ 37.3%
2024 · €-5k
2018: €3k
2019: €762
2020: €24
2021: €-3k
2022: €-4k
2023: €-6k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€28k▼ 8.7%€26k▼ 7.0%€27k▲ 1.9%€29k▲ 6.9%
Operating result€-3k-€-3k▲ 25.2%€-2k▲ 26.7%€639€2k▲ 199%
Net result€-4k-€-3k▲ 24.3%€-2k▲ 27.2%€503€2k▲ 266%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 199% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€32k=
Current assets
€2k▲ 134%
Equity and liabilities €33k
Equity
€29k▲ 6.9%
Debt
€5k▼ 14.0%
The debt ratio falls from 17.6% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
85.3%▲
2024 · 82.4%
Current ratio
0.37▲
2024 · 0.14
Quick ratio
0.37▲
2024 · 0.14
Debt / equity
0.17▼
2024 · 0.21
ROE
6.5%▲
2024 · 1.9%
ROA
5.5%▲
2024 · 1.6%
Debt
€5k▼
2024 · €6k
Debt ≤ 1 year
€5k▼
2024 · €6k
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€32k€33k▲
Fixed assets21/28€32k€32k=
Tangible fixed assets22/27€32k€32k=
Land and buildings22€32k€32k=
Financial fixed assets28€50€50=
Current assets29/58€774€2k▲
Amounts receivable within one year40/41€72€72=
Other amounts receivable41€72€72=
Cash at bank and in hand54/58€53€2k▲
Deferred charges and accrued income490/1€649-
Equity and liabilities
Total equity and liabilities10/49€32k€33k▲
Equity10/15€27k€29k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-19k€-17k▲
Amounts payable17/49€6k€5k▼
Amounts payable within one year42/48€6k€5k▼
Taxes, remuneration and social security45€74-
Taxes450/3€74-
Other amounts payable47/48€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292-
Other operating charges640/8€961€886▼
Gross operating margin9900€2k€3k▲
Operating profit (loss)9901€639€2k▲
Financial charges65/66B€62€72▲
Recurring financial charges65€62€72▲
Profit (loss) for the period before taxes9903€577€2k▲
Income taxes67/77€74-
Profit (loss) for the period9904€503€2k▲
Profit (loss) for the period to be appropriated9905€503€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-17k▲
Profit (loss) brought forward from the previous period14P€-19k€-19k▲
The notes to these accounts (5 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Highest result since 2018net €2k ▲266%
Operating result €2k, net result €2k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Back to profitnet €503
Net result €503 after 6 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 1988
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.
Zweerdstraat 88908 IeperGround area
3,299 m²
Building footprint
576 m²
Volume, LiDAR
2,610 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.I. BAVO BVBA
since 19882.036.035.443
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33026E0459/00G000 | Flanders | 2,621 m² | 1 · 429 m² | 8.1 m · 1 fl. |
| 37014B0336/00S002 | Flanders | 679 m² | 1 · 147 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALEOR
BE 0767.449.053
Schaarbeek · Eq €29k
DE DOBBELEER SPARE PARTS
BE 0433.294.941
Ronse · Eq €28k
HF SOLUTION SRL
BE 0437.305.494
Schaarbeek · Eq €28k
AVILO ESTATE GROUP
BE 0726.616.211
Etterbeek · Eq €29k
Unicum Immo
BE 0869.731.001
Vosselaar · Eq €29k
Of 9,139 companies in sector 68201 we hold annual accounts for 6,767. 2,644 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-1988
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.